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High-impact oil and gas exploration could cut global scope 1 and 2 emissions by 6% in 2030

High-impact oil and gas exploration could cut global scope 1 and 2 emissions by 6% in 2030

Without creating new demand, new discoveries can help curb emissions, drive value for the industry LONDON and HOUSTON and SINGAPORE, Nov. 21, 2024 (Korea Bizwire) – Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to play in decarbonisation efforts and providing advantaged [...]

US utilities to face significant challenge as power demand surges for the first time in decades

US utilities to face significant challenge as power demand surges for the first time in decades

Some regions in US to see 15% electricity demand growth through 2029; prices could escalate LONDON and HOUSTON and SINGAPORE, Oct. 17, 2024 (Korea Bizwire) – US power demand has remained essentially flat for the past decade, but this is all about to change as a pending surge in demand growth will be the biggest [...]

Wood Mackenzie launches Lens Metals & Mining

Wood Mackenzie launches Lens Metals & Mining

The new data analytics solution for strategic workflows and corporate decision-making  LONDON 01 October 2024 (Korea Bizwire) – Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Metals & Mining, a cross-commodities data analytics platform. This solution allows analysis of key mined commodity markets and assets  within the energy and [...]

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2024

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2024

Join executives from ExxonMobil Low Carbon Solutions, Dow, Talos and Chevron New Energies as event covers the CCUS value chain through opportunities, risks and economic viability trends LONDON/HOUSTON/SINGAPORE, 17 September 2024 – Momentum for carbon capture, utilization and storage (CCUS) is growing as a buoyant project pipeline is attracting attention from leading companies, but CCUS deployment [...]

Shifting away from China for Critical Minerals would Increase Costs and Delay the Energy Transition, Warns Wood Mackenzie

Shifting away from China for Critical Minerals would Increase Costs and Delay the Energy Transition, Warns Wood Mackenzie

 Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie  Replacing Chinese copper supply chains requires US$85 billion for new smelting and refining SINGAPORE/LONDON/HOUSTON/ 15 August 2024 – As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost [...]

LFG-to-RNG Production to More than Double by 2030, but Project Success Depends on Location and Scale according to Wood Mackenzie

LFG-to-RNG Production to More than Double by 2030, but Project Success Depends on Location and Scale according to Wood Mackenzie

LFG-to-RNG production to more than double by 2030, but project success depends on location and scale according to Wood Mackenzie LFG-to-RNG offers lowest cost option for RNG production, but only 10% of resource potential currently tapped LONDON/HOUSTON/SINGAPORE, 12 August 2024 - Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax [...]

Wood Mackenzie Appoints Xizhou Zhou as New Head of Power and Renewables Business

Wood Mackenzie Appoints Xizhou Zhou as New Head of Power and Renewables Business

Industry leader brings wealth of experience and expertise LONDON/HOUSTON/SINGAPORE, 4 June 2024 (Korea Bizwire) – Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June. Zhou joins Wood Mackenzie from S&P Global, where he has led the Global Power and Renewables division of its Commodity [...]

Wood Mackenzie Names New Leader for Consulting

Wood Mackenzie Names New Leader for Consulting

Matthijs van Koppen, formerly of Gartner, brings consulting and technology experience LONDON/HOUSTON/SINGAPORE, 28 May 2024 – Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Matthijs (Thijs) van Koppen to its global executive leadership team as EVP, Head of Consulting. Van Koppen brings more than 20 years of international consulting experience in public and private [...]

Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

Jason Liu Appointed Chief Executive Officer of Wood Mackenzie EDINBURGH, 7 May 2024 (Korea Bizwire) – Wood Mackenzie (the “Company”) today announced that Jason Liu has been appointed Chief Executive Officer (CEO). Mr. Liu replaces former CEO Mark Brinin, who is departing to pursue other opportunities after successfully leading the Company through its transformative carve-out. Mr. Liu [...]

World Heading for a 3-degree C Warming Trajectory, as Political Headwinds Slow the Energy Transition

World Heading for a 3-degree C Warming Trajectory, as Political Headwinds Slow the Energy Transition

World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition WoodMac report looks at the implications of a delayed energy transition, amid political uncertainties, inflation and elections across the world LONDON, 02 May 2024 (Korea Bizwire) – A five-year delay to the energy transition could see the global average temperature rise [...]