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Delek in US$2bn swoop on Chevron’s North Sea assets
- 30 May 2019
Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.
News Release
Australia's next wave of LNG projects needs to compete to progress
- 28 May 2019
According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress
News Release
Asia Pacific's solar-plus-storage could see key developments in next five years
- 14 May 2019
In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.
Comment
Oxy tables US$38bn rival bid for Anadarko
- 24 April 2019
Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.
Comment
Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal
- 18 April 2019
Chrysaor on 18 April 2019 agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal. The purchase will make Chrysaor the top producer in the UK in 2019 and keep it among the UK's largest producers for the next few years.
12957 related products from the Store that match
- Asset Report
  Yunnan Shenhuo aluminium smelter
  - 12 November 2025
  Henan Shenhuo Group built its aluminium smelter in Yunnan, attracted by the availability of hydro electricity. The smelter, which uses SAMI SY 500 technology, was built in two stages. The first line, with 451ktpa production capacity was commissioned in 2020, while the second line, with 449 ktpa will be commissioned in 2021. The smelter started producing unalloyed ingot but is expected to move to…
- Asset Report
  Wenshan Aluminium Smelter
  - 12 November 2025
  Wenshan branch owned by Yunnan Aluminium is an integrated project from bauxite to alumina then to aluminium. It has three bauxite mines, 1.5-Mtpa alumina capacity, 500-ktpa aluminium capacity and uses hydro power instead of coal-fired power. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash…
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Majors step up to bid on Argentina offshore acreage
- 17 April 2019
Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.
Comment
BP to exit China shale gas
- 12 April 2019
In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.
News Release
Global storage market to grow from 12 GWh to 158 GWh by 2024
- 09 April 2019
The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables.
News Release
EU PET bottle collection target unlikely to be met
- 27 March 2019
The European Union's (EU) proposal to introduce a 90% collection target for PET beverage bottles by 2029 is unlikely to be met without significant investment in infrastructure and waste management collection, according to Wood Mackenzie Chemicals.
News Release
Macri reforms reshape Argentina's gas sector
- 28 February 2019
When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.
Comment
Chevron loses second major production asset in South East Asia
- 13 December 2018
Following today's announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs after putting an aggressive bid on the gas price and the profit share, Wood Mackenzie's research analyst Jean-Baptiste Berchoteau shares some insights.
News Release
New technology investments to boost growing global wind market
- 06 December 2018
Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...
News Release
How digitalisation transformed the US Lower 48
- 12 November 2018
Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.
Comment
Explorers hit the jackpot in sub-Saharan Africa
- 06 November 2018
In the past 10 years, explorers in sub-Saharan Africa have turned up more giant discoveries than any other region. But converting volume into value is undoubtedly sub-Saharan Africa’s Achilles heel.
Comment
What next for the oil market as the US reimposes sanctions on Iran?
- 06 November 2018
What next for the oil market as the US reimposes sanctions on Iran?
Comment
Plastics recycling tax likely to increase cost of plastics packaging in short-to medium term
- 29 October 2018
Commenting on UK Chancellor Philip Hammond's Budget announcement of a new tax on the manufacture and import of plastic packaging that contains less than 30% recycled plastic, Wood Mackenzie Head of PET, Philip Marshall, said:
News Release
Upstream players need to boost spending to meet future demand
- 24 October 2018
Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.
Comment
India's renewables to contribute 13% of power generation mix in five years, double the amount today
- 15 October 2018
India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.
News Release
West Europe PET bottle recovery grows, but challenges for RPET supply chain remain
- 01 October 2018
The total volume of PET bottles collected in West Europe during 2017 was near 2 Mt, compared to an estimated 3.2 Mt of bottles placed in the market, according to Wood Mackenzie Chemicals' latest report on the RPET market in West Europe.
Comment
Chevron in talks to sell Rosebank stake
- 27 September 2018
US major Chevron has confirmed it is in talks to sell its 40% operating stake in the Rosebank field, offshore West of Shetland
News Release
Private equity's future in US Gulf of Mexico deepwater
- 19 September 2018
With many Independents and Majors chasing onshore shale and white hot Brazil and Mexico, the US Gulf of Mexico, once the coveted jewel of the oil industry, has become a lower investment priority in recent years. This has opened the space for private equity-backed companies who have stepped up to the plate, turned pennies into dollars and shown they have what it takes to compete.
Comment
China's retaliatory tariff on US LNG
- 19 September 2018
In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.
News Release
India to overtake China as world's largest oil demand growth centre by 2024
- 03 September 2018
India's oil demand is expected to grow by 3.5 million barrels per day (b/d) from 2017 to 2035, accounting for one-third of global oil demand growth. India's demand is driven by rising income levels, an expanding middle class and a growing need for mobility.
Comment
Chevron set to divest central UK North Sea assets
- 04 July 2018
Chevron has announced it is planning to sell its central UK North Sea assets, including Captain, Elgin/Franklin, Erksine and Jade, to focus on the West of Shetland province.
Comment
Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets
- 15 June 2018
Commenting on the announcement that Centrica and Tokyo Gas have signed a heads of agreement for LNG procurement, Giles Farrer, Wood Mackenzie Research Director, said:
Comment
Who will finance Asia's coal power projects?
- 05 January 2018
Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.
News Release
OPEC stays the course with production deal
- 01 December 2017
OPEC and non-OPEC producers agree to extend production curbs through 2018
Comment
Wood Mackenzie commentary on India CERA Week
- 09 October 2017
To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.
Comment
Beach's production to increase 160% post Origin gas assets acquisition
- 26 September 2017
Following the announcement of Beach Energy's US$1.25 million acquisition of Origin Energy’s subsidiary, Lattice Energy, our Australasia senior analyst Chris Meredith, weighs in on the deal.
News Release
US gasoline demand poised to decline by over 1.7 million b/d by 2030
- 20 March 2017
Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

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Search results: 5189

Delek in US$2bn swoop on Chevron’s North Sea assets

Australia's next wave of LNG projects needs to compete to progress

Asia Pacific's solar-plus-storage could see key developments in next five years

Oxy tables US$38bn rival bid for Anadarko

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

12957 related products from the Store that match

Yunnan Shenhuo aluminium smelter

Wenshan Aluminium Smelter

Majors step up to bid on Argentina offshore acreage

BP to exit China shale gas

Global storage market to grow from 12 GWh to 158 GWh by 2024

EU PET bottle collection target unlikely to be met

Macri reforms reshape Argentina's gas sector

Chevron loses second major production asset in South East Asia

New technology investments to boost growing global wind market

How digitalisation transformed the US Lower 48

Explorers hit the jackpot in sub-Saharan Africa

What next for the oil market as the US reimposes sanctions on Iran?

Plastics recycling tax likely to increase cost of plastics packaging in short-to medium term

Upstream players need to boost spending to meet future demand

India's renewables to contribute 13% of power generation mix in five years, double the amount today

West Europe PET bottle recovery grows, but challenges for RPET supply chain remain

Chevron in talks to sell Rosebank stake

Private equity's future in US Gulf of Mexico deepwater

China's retaliatory tariff on US LNG

India to overtake China as world's largest oil demand growth centre by 2024

Chevron set to divest central UK North Sea assets

Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets

Who will finance Asia's coal power projects?

OPEC stays the course with production deal

Wood Mackenzie commentary on India CERA Week

Beach's production to increase 160% post Origin gas assets acquisition

US gasoline demand poised to decline by over 1.7 million b/d by 2030