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House-passed federal tax legislation threatens to undercut the solar industry, which is the primary source of new US electricity generation and is delivering a historic boom in domestic manufacturing.
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies has clinched the top spot as the upstream industry's most-admired explorer in Wood Mackenzie's annual Exploration Survey for 2025.
Argentina is strengthening its position as the next major regional gas supplier while eyeing a prominent role in the global LNG market.
Earlier expectations of solid seasonal and structural growth in Mexico’s gas and power market have experienced a decline due to a factor of reasons, including weather, says Wood Mackenzie in the report “Mexican gas and power market loses steam: Is a rebound in sight?” This trend underscores how quickly market conditions can evolve within Mexico's energy sector.
Wood Mackenzie has unveiled its comprehensive AI strategy to help energy companies navigate the evolving energy system. Details of Synoptic, the company's proprietary AI capability, are outlined in Connected, a new book by CEO Jason Liu and Chair and Chief Analyst Simon Flowers, talking about the increasingly interconnected and complex nature of energy, published today.
The Kharsang oil and gas field is located in the Upper Assam Valley, in the state of Arunachal Pradesh, in northeast India. Discovered by Oil India Ltd (OIL) in the 1970s, a production sharing contract (PSC) was offered to develop and operate the field in 1992, under India's first Field Development Licensing Round for small and medium fields. A PSC was awarded in 1995 to a joint venture led by…
The Edvard Grieg oil field is 15 kilometres east of Johan Sverdrup in the Central North Sea. The field proved a new play concept in the area and further discoveries have been made nearby. A Plan for Development and Operation (PDO) was approved in June 2012. The field has been developed with a fixed platform and utilises a jack-up rig for drilling. Production started in late 2015 and the project…
The Q2 U.S. wind market installed 593 megawatts (MW), down 60% compared to Q2 2024. But installations through the first nine months of 2025 are projected to outpace 2024, reaching a total of 3.8 gigawatts (GW).
Annual global bifacial module capacity will exceed 21 gigawatts by 2024
The final Brazil 2019 pre-salt bid round, PSC (production sharing contracts) Round 6, features four blocks in the Santos and one block in the Santos basin.
Our H1 2019 update finds that advanced metering infrastructure penetration is poised to rise significantly over the coming years in both developed and developing markets.
Growing electric vehicle adoption and charging station infrastructure will test the electric grid's limit. Are utilities prepared for the challenges ahead?
The entire Permian production cost curve is shifting as produced water volumes expand, posing a risk to production growth in the most prolific shale play.
Low prices may be the best cure for North American gas markets.
More mergers are coming.
After seven years of surging production growth, Northeast gas producers are starting to slow their output.
Despite the international phase-out for fuel oil, its crack spread hit 20-year highs
North American natural gas storage levels haven't ended the season this low since the historic Polar Vortex in the winter of 2013-2014.
While smaller E&Ps are being forced to tap the breaks in the Permian shale basin, Exxon and Chevron have laid out ambitious production targets for the next four to five years.
European BOPET film prices have risen nearly 17% over the last 12 months, levels not seen since late 2011. Will prices rise even further in 2019? Get our latest BOPET film analysis.
What's happening in the Sub-Saharan Africa upstream industry in 2019? With new wells planned, a flurry of FIDs, and a presidential election in Nigeria, there's lots to watch.
Simon Flowers' perspective on the growth of electric vehicles, the growing role of the US in global LNG markets, and more.
What role do battery raw materials such as cobalt, nickel and lithium play in the electric vehicles revolution? Our analysis indicates that achieving EV penetration rates of over 10% by 2030 with the current battery technologies presents a challenge.
Permian producers increased their 2020 oil-basis hedge positions by 431% in Q2 2018. What does the surge in oil-basis hedges tell us about Permian operator sentiment? And what is the implication for projects due to start up in 2019? Find out in our latest analysis of oil and gas hedging activity.
Focusing on market fundamentals, we look at the impact of three possible options for OPEC and co-operating non-OPEC producers.
It may come as a surprise to learn that 56% of PET bottles used in the UK each year are recovered for recycling. That figure is projected to rise to 59% by 2021, but could increase significantly with the introduction of the UK government’s proposed deposit return scheme. Elsewhere in Europe, similar schemes have achieved ~90% recovery rate.
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritime Organization's (IMO) 0.5 wt% sulphur cap for bunker fuels kicks in.
With the Majors emerging from the downturn standing strong, they're transitioning from 'survive' to 'thrive'. Although capital discipline remains central to the strategic framework of these companies, they must still position their portfolios for the fundamental changes reshaping energy demand in the coming decades.
US steel tariffs are on their way. We discuss what that means for global producers, buyers and sellers.
The impact of the lingering low oil price and how the sector might evolve
Our latest study of the Indian flexible packaging market place ‘Flexible Packaging Supply Demand Study – India’ shows that despite the current uncertainty in the Indian economy, demand for flexible packaging continues to grow at a pace, reaching an estimated $5.6 billion in 2017. India now has the fourth largest flexible packaging market, representing around 6% of the global market, behind the US, China and Japan.
The results from our Global Upstream Cost Survey suggest that cutting costs will remain a key priority throughout 2018.
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