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Wood Mackenzie

Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses. Read more

M&A/Investment

Rapidly rising production in the Permian basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams like crude oil and natural gas liquids. Read more

Pipeline/Transportation

According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022. Read more

Natural Gas/LNG

The Government of Indonesia has approved the revised Plan of Development for the Abadi LNG project. Read more

Offshore & Marine

Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (b/d) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie. Read more

Pipeline/Transportation

Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new research from Wood Mackenzie Power & Renewables. Read more

Renewable & Biofuel

We estimate an indicative size of 2 trillion cubic feet, making this the 7th largest global discovery of the year. Read more

Upstream

Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at opposite ends of the development spectrum. Read more

Offshore & Marine

The sale has the potential to be the Norway’s biggest since Statoil’s merger with Norsk Hydro announced in 2006. Read more

Offshore & Marine

Comstock Resources tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park. Read more

Drilling & Exploration

A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. Read more

Refining & Petrochemical Processing

If converted to a sales and purchase agreement (SPA), this will be one of the largest LNG deals ever signed and the largest deal signed since 2013. Read more

Natural Gas/LNG

New study shows sector acting to curb cost inflation. Read more

Natural Gas/LNG

Once the deal closes, Chevron will now be the second-largest producing major, in 2019 terms. It was fourth. Read more

M&A/Investment

Energy storage will become a key power grid asset Read more

Tanks/Terminals/Storage

Interior offers 78 million acres in new Gulf lease sale; ExxonMobil streamlining upstream organization to support growth plans; WoodMac: Exploration is 'back in the black' Read more

Upstream

According to Wood Mackenzie Chemicals, most of these U.S. investments are expected to export to Latin America, Europe, Africa and eventually into China. Read more

Refining & Petrochemical Processing

The US Gulf of Mexico region wide Lease Sale 252 was held today, 20 March 2019. The sale attracted 257 bids from 30 companies, with high bids totalling US$244.3 million. Read more

Offshore & Marine

Drillbits to spin on potential play-openers as revamped sector hits its stride Read more

Drilling & Exploration

Coal generation was overtaken by wind and solar for the first time in five key European markets last year. Read more

Renewable & Biofuel

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