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Long-term pause in new US LNG investments could transform market: WoodMac

- Decision is not expected to affect US LNG exports out to 2028, but after that it can affect trajectory and pace of sector's growth in long run

01.02.2024 Lng/Lpg

OPEC+ production cuts may push oil prices over $84 barrel: WoodMac

-Nevertheless, group has gone some way towards achieving its goal of supporting prices, says WoodMac Vice President Macro Oils

08.06.2023 Oil World

Energy firms need new strategies to achieve low-carbon transition: WoodMac

- "There are different horses for different courses," says WoodMac senior vice president, pointing to transition-focused investment approach

20.04.2023 Oil World

EU embargo on imports of Russian crude oil by sea comes into effect

- Russian crude oil imports by sea cover 90% of EU's current oil imports from Russia, says Brussels

05.12.2022 Oil World

OPEC ends reliance on International Energy Agency data

- Wood Mackenzie and Rystad Energy will be used as secondary sources with immediate effect

31.03.2022 Oil International Relations International Organization World

Russia-Ukraine crisis to have long-lasting impacts on commodities, energy policies

- OPEC+ will more likely consider production rise in case of actual oil supply cut-off, says consultancy Wood Mackenzie

28.02.2022 Oil World Europe Eurasia Middle East-Africa

Energy transition may shave 2% off global GDP by 2050: WoodMac

- Countries with higher carbon dependent economies will face more severe economic consequences of energy transition, report says

20.01.2022 Oil International Organization World

US move to sell emergency oil from reserves may trigger new type of price war

- With view to reduce rising fuel prices, US vows to tap emergency oil reserves, a move supported by China, India, Japan, South Korea and UK

26.11.2021 Oil World Europe Eurasia Asia Americas Middle East-Africa

Weather dynamics key for gas demand: WoodMac

- High gas prices put pressure on demand, encourage use of coal in power, and curtail some energy-intensive industrial demand, says expert

13.10.2021 Natural Gas Finance General

China's carbon-neutral aim will rely heavily on wind generation: WoodMac

- China will have more than two-thirds of world's grid-connected capacity by 2030, agency reveals from research

21.09.2021 Wind World Asia

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Corp. renewable purchase deals play bigger role in Asia Pacific decarbonization

- India, Australia, and Taiwan top the Asia Pacific corporate renewable procurement market, Wood Mackenzie says

18.08.2021 Renewable World Asia

Wind turbine prices to rise 10% over next 18 months: WoodMac

- Possible supply restrictions in wind turbine sector may jeopardize country-level decarbonization objectives in next 2 years

17.08.2021 Wind World

Green hydrogen to be cost competitive with fossil fuels up to 2033

- Growing focus on net-zero targets favors green hydrogen, says Wood Mackenzie analyst Ben Gallagher

09.06.2021 Renewable International Organization World

US energy storage market sets 1st quarter record for deployments

- Nearly 12,000 MWh of new storage will be added in 2021, a three-fold increase from 2020, says Wood Mackenzie

08.06.2021 Oil Americas

Oil prices to rise to $75 per barrel in April: WoodMac

- Saudi Arabia's adamant stance not to raise production before seeing actual recovery helps prices, says consultancy

05.03.2021 Oil World

EU needs to change course to cut emissions 55% by 2030

- Dramatic acceleration of energy transition in key areas is required for EU to hit climate goals, a new report says

18.02.2021 Renewable Europe

Global oil demand to grow by 7% in 2021: WoodMac

- Vaccine distribution and expected growth in global GDP will boost demand in 2021

28.01.2021 Oil International Organization World

New gas find "transformational" for Turkey: WoodMac

- This is Turkey’s biggest-ever find by a wide margin and one of largest global discoveries of 2020, WoodMac analyst says

22.08.2020 Natural Gas Energy Diplomacy Türkiye

Gas market hit by coronavirus, oil price fall, LNG glut

- WoodMac says global demand for LNG is forecast to rise to 371 million tons (Mt) in 2020 by 6 per cent year-on-year

01.04.2020 Lng/Lpg World

Can North Sea survive oil price rout?: WoodMac explains

- Quickest win is to reduce operational expenditure, says expert

24.03.2020 Oil Finance Europe General

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China to buy big US crude quantities as per trade deal

- Beijing faces various challenges to meet $52 billion worth of energy goods purchases from US in two years

23.01.2020 Lng/Lpg Downstream International Relations Asia Americas

'LNG boom is back': WoodMackenzie

- Wood Mackenzie sees considerable upside supply potential along with low risk to new LNG supply development

25.04.2019 Lng/Lpg Europe Eurasia General

CNOOC's Glengorm discovery is UK's largest since 2008

- Glengorm's find shows there is still life in some of the more mature prospects in U.K. waters, says Wood Mackenzie expert

29.01.2019 Natural Gas Upstream Europe Asia General

$European p\line bottlenecks to curb Russian gas imports$

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Spot market electricity prices for Monday, Nov. 11

Türkiye's daily power consumption down 4% on Nov. 9

Türkiye's daily power consumption down 5.36% on Nov. 2

Türkiye's daily power consumption up 12.8% on Oct. 30

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

Türkiye's LPG production down 14.2% in August

Algerian LNG vessel to arrive in Türkiye on Oct 19

Algerian LNG vessel to arrive in Türkiye on Oct. 10

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

US oil rig count down by 2 for week ending Aug 16

Türkiye's oil imports up 11.08% in February 2024

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

Türkiye’s wind energy industry has potential to reach $8B in 2035

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

UK bank provides €249 million to support Turkish Kalyon Enerji's solar project

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye requires new investments for development of geothermal sector

Spot market natural gas prices for Saturday, Nov. 16

Spot market electricity prices for Monday, Nov. 18

Türkiye's daily power consumption down 4.35% on Nov. 16

Energy giants pledge $500 million to tackle climate change

COP29 pushes for $1 trillion in climate financing for developing nations

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Global leaders of energy sector to convene at İstanbul Energy Forum

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President