Edinburgh, United Kingdom
Edinburgh, United Kingdom

Wood Mackenzie is a global energy, metals and mining research and consultancy group with an international reputation for supplying comprehensive data, written analysis and consultancy advice.It is based in Edinburgh Scotland, though it has over 25 offices worldwide. The company's energy business was founded in 1973, when they started reviewing the North Sea oilfields. Since 2007, Wood Mackenzie has acquired coal specialists Hill & Associates in the US and Barlow Jonker in Australia; and Brook Hunt, the UK-based metals analysts. Wikipedia.

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News Article | May 22, 2017
Site: globenewswire.com

Denmark-based wind and solar power market intelligence and expertise enhance Wood Mackenzie's renewables research and advisory solutions JERSEY CITY, N.J., May 22, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired MAKE, an industry-leading research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector. The combined organization will enhance the offering to existing clients and form the leading market analysis and advisory firm on renewables and the transformation of the global electricity industry. With detailed coverage of power market fundamentals, solar, wind, energy storage, and grid edge technologies, Wood Mackenzie will be ideally positioned to bring clients market-leading analysis and insight on the evolution of the entire energy landscape and will provide a strong platform for the future. MAKE is leading a significant transformation in the energy sector. MAKE's cutting-edge knowledge of wind supply chains, costs, and investment trends will strengthen Wood Mackenzie's offerings in the market during this rapidly changing time in the energy sector. Following the acquisition of Greentech Media in July 2016, Wood Mackenzie is continuing to expand its capabilities and solutions in data and insight for the power and renewables sector. "Decarbonization is the defining trend in the energy industry today. And Wood Mackenzie is building a preeminent position to offer our clients the latest thinking in the renewables sector," said Neal Anderson, president of Wood Mackenzie. "MAKE's expertise in wind and solar power complements both Greentech Media's expertise and our own existing practice." "I look forward to all of our clients benefiting from the combined offering," said Morten B. Keller, managing partner of MAKE. "The renewables sector continues to grow at an unprecedented pace and at a scale that impacts the entire energy landscape. In 2016, more than $200 billion was invested to build a record 116 gigawatts of solar and wind capacity. This accounted for 41 percent of all new electricity capacity globally, more than any other source." "I'm confident MAKE is an excellent fit for Wood Mackenzie, Greentech Media, and the Verisk Analytics family of businesses," added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. About MAKE MAKE is a leading source of intelligence for the renewable energy industry-specializing in onshore and offshore wind. Products include reports, access to MAKE's proprietary databases and forecasts, analyst presentations, and direct analyst access. Bespoke consulting projects provide insight to the wind and solar power communities. MAKE has a global, loyal, and blue-chip customer base that includes some of the world's largest renewable energy companies. They have a highly diversified customer base, including suppliers, OEMs, utilities, independent power producers, and financial institutions, which are served from MAKE's locations in Denmark, China, and the United States. Learn more: www.consultmake.com About Wood Mackenzie Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. Learn more: www.woodmac.com  Follow us on Twitter: @WoodMackenzie About Greentech Media Greentech Media delivers business-to-business news, market analysis, and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research (https://www.greentechmedia.com/research), as well as our world-class journalists and global network of expert contributors. Learn more: www.greentechmedia.com About Verisk Analytics  Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk Analytics operates in 27 countries and is a member of Standard & Poor's S&P 500® Index. In 2016, Forbes magazine named Verisk Analytics to its World's Most Innovative Companies list and to its America's Best Large Employers list. Verisk is one of only 14 companies to appear on both lists. For more information, please visit www.verisk.com.


News Article | May 22, 2017
Site: globenewswire.com

Denmark-based wind and solar power market intelligence and expertise enhance Wood Mackenzie's renewables research and advisory solutions JERSEY CITY, N.J., May 22, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired MAKE, an industry-leading research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector. The combined organization will enhance the offering to existing clients and form the leading market analysis and advisory firm on renewables and the transformation of the global electricity industry. With detailed coverage of power market fundamentals, solar, wind, energy storage, and grid edge technologies, Wood Mackenzie will be ideally positioned to bring clients market-leading analysis and insight on the evolution of the entire energy landscape and will provide a strong platform for the future. MAKE is leading a significant transformation in the energy sector. MAKE's cutting-edge knowledge of wind supply chains, costs, and investment trends will strengthen Wood Mackenzie's offerings in the market during this rapidly changing time in the energy sector. Following the acquisition of Greentech Media in July 2016, Wood Mackenzie is continuing to expand its capabilities and solutions in data and insight for the power and renewables sector. "Decarbonization is the defining trend in the energy industry today. And Wood Mackenzie is building a preeminent position to offer our clients the latest thinking in the renewables sector," said Neal Anderson, president of Wood Mackenzie. "MAKE's expertise in wind and solar power complements both Greentech Media's expertise and our own existing practice." "I look forward to all of our clients benefiting from the combined offering," said Morten B. Keller, managing partner of MAKE. "The renewables sector continues to grow at an unprecedented pace and at a scale that impacts the entire energy landscape. In 2016, more than $200 billion was invested to build a record 116 gigawatts of solar and wind capacity. This accounted for 41 percent of all new electricity capacity globally, more than any other source." "I'm confident MAKE is an excellent fit for Wood Mackenzie, Greentech Media, and the Verisk Analytics family of businesses," added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. About MAKE MAKE is a leading source of intelligence for the renewable energy industry-specializing in onshore and offshore wind. Products include reports, access to MAKE's proprietary databases and forecasts, analyst presentations, and direct analyst access. Bespoke consulting projects provide insight to the wind and solar power communities. MAKE has a global, loyal, and blue-chip customer base that includes some of the world's largest renewable energy companies. They have a highly diversified customer base, including suppliers, OEMs, utilities, independent power producers, and financial institutions, which are served from MAKE's locations in Denmark, China, and the United States. Learn more: www.consultmake.com About Wood Mackenzie Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. Learn more: www.woodmac.com  Follow us on Twitter: @WoodMackenzie About Greentech Media Greentech Media delivers business-to-business news, market analysis, and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research (https://www.greentechmedia.com/research), as well as our world-class journalists and global network of expert contributors. Learn more: www.greentechmedia.com About Verisk Analytics  Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk Analytics operates in 27 countries and is a member of Standard & Poor's S&P 500® Index. In 2016, Forbes magazine named Verisk Analytics to its World's Most Innovative Companies list and to its America's Best Large Employers list. Verisk is one of only 14 companies to appear on both lists. For more information, please visit www.verisk.com.


News Article | May 22, 2017
Site: globenewswire.com

Denmark-based wind and solar power market intelligence and expertise enhance Wood Mackenzie's renewables research and advisory solutions JERSEY CITY, N.J., May 22, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired MAKE, an industry-leading research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector. The combined organization will enhance the offering to existing clients and form the leading market analysis and advisory firm on renewables and the transformation of the global electricity industry. With detailed coverage of power market fundamentals, solar, wind, energy storage, and grid edge technologies, Wood Mackenzie will be ideally positioned to bring clients market-leading analysis and insight on the evolution of the entire energy landscape and will provide a strong platform for the future. MAKE is leading a significant transformation in the energy sector. MAKE's cutting-edge knowledge of wind supply chains, costs, and investment trends will strengthen Wood Mackenzie's offerings in the market during this rapidly changing time in the energy sector. Following the acquisition of Greentech Media in July 2016, Wood Mackenzie is continuing to expand its capabilities and solutions in data and insight for the power and renewables sector. "Decarbonization is the defining trend in the energy industry today. And Wood Mackenzie is building a preeminent position to offer our clients the latest thinking in the renewables sector," said Neal Anderson, president of Wood Mackenzie. "MAKE's expertise in wind and solar power complements both Greentech Media's expertise and our own existing practice." "I look forward to all of our clients benefiting from the combined offering," said Morten B. Keller, managing partner of MAKE. "The renewables sector continues to grow at an unprecedented pace and at a scale that impacts the entire energy landscape. In 2016, more than $200 billion was invested to build a record 116 gigawatts of solar and wind capacity. This accounted for 41 percent of all new electricity capacity globally, more than any other source." "I'm confident MAKE is an excellent fit for Wood Mackenzie, Greentech Media, and the Verisk Analytics family of businesses," added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. About MAKE MAKE is a leading source of intelligence for the renewable energy industry-specializing in onshore and offshore wind. Products include reports, access to MAKE's proprietary databases and forecasts, analyst presentations, and direct analyst access. Bespoke consulting projects provide insight to the wind and solar power communities. MAKE has a global, loyal, and blue-chip customer base that includes some of the world's largest renewable energy companies. They have a highly diversified customer base, including suppliers, OEMs, utilities, independent power producers, and financial institutions, which are served from MAKE's locations in Denmark, China, and the United States. Learn more: www.consultmake.com About Wood Mackenzie Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. Learn more: www.woodmac.com  Follow us on Twitter: @WoodMackenzie About Greentech Media Greentech Media delivers business-to-business news, market analysis, and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research (https://www.greentechmedia.com/research), as well as our world-class journalists and global network of expert contributors. Learn more: www.greentechmedia.com About Verisk Analytics  Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk Analytics operates in 27 countries and is a member of Standard & Poor's S&P 500® Index. In 2016, Forbes magazine named Verisk Analytics to its World's Most Innovative Companies list and to its America's Best Large Employers list. Verisk is one of only 14 companies to appear on both lists. For more information, please visit www.verisk.com.


News Article | May 22, 2017
Site: globenewswire.com

Denmark-based wind and solar power market intelligence and expertise enhance Wood Mackenzie's renewables research and advisory solutions JERSEY CITY, N.J., May 22, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired MAKE, an industry-leading research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector. The combined organization will enhance the offering to existing clients and form the leading market analysis and advisory firm on renewables and the transformation of the global electricity industry. With detailed coverage of power market fundamentals, solar, wind, energy storage, and grid edge technologies, Wood Mackenzie will be ideally positioned to bring clients market-leading analysis and insight on the evolution of the entire energy landscape and will provide a strong platform for the future. MAKE is leading a significant transformation in the energy sector. MAKE's cutting-edge knowledge of wind supply chains, costs, and investment trends will strengthen Wood Mackenzie's offerings in the market during this rapidly changing time in the energy sector. Following the acquisition of Greentech Media in July 2016, Wood Mackenzie is continuing to expand its capabilities and solutions in data and insight for the power and renewables sector. "Decarbonization is the defining trend in the energy industry today. And Wood Mackenzie is building a preeminent position to offer our clients the latest thinking in the renewables sector," said Neal Anderson, president of Wood Mackenzie. "MAKE's expertise in wind and solar power complements both Greentech Media's expertise and our own existing practice." "I look forward to all of our clients benefiting from the combined offering," said Morten B. Keller, managing partner of MAKE. "The renewables sector continues to grow at an unprecedented pace and at a scale that impacts the entire energy landscape. In 2016, more than $200 billion was invested to build a record 116 gigawatts of solar and wind capacity. This accounted for 41 percent of all new electricity capacity globally, more than any other source." "I'm confident MAKE is an excellent fit for Wood Mackenzie, Greentech Media, and the Verisk Analytics family of businesses," added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. About MAKE MAKE is a leading source of intelligence for the renewable energy industry-specializing in onshore and offshore wind. Products include reports, access to MAKE's proprietary databases and forecasts, analyst presentations, and direct analyst access. Bespoke consulting projects provide insight to the wind and solar power communities. MAKE has a global, loyal, and blue-chip customer base that includes some of the world's largest renewable energy companies. They have a highly diversified customer base, including suppliers, OEMs, utilities, independent power producers, and financial institutions, which are served from MAKE's locations in Denmark, China, and the United States. Learn more: www.consultmake.com About Wood Mackenzie Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. Learn more: www.woodmac.com  Follow us on Twitter: @WoodMackenzie About Greentech Media Greentech Media delivers business-to-business news, market analysis, and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research (https://www.greentechmedia.com/research), as well as our world-class journalists and global network of expert contributors. Learn more: www.greentechmedia.com About Verisk Analytics  Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk Analytics operates in 27 countries and is a member of Standard & Poor's S&P 500® Index. In 2016, Forbes magazine named Verisk Analytics to its World's Most Innovative Companies list and to its America's Best Large Employers list. Verisk is one of only 14 companies to appear on both lists. For more information, please visit www.verisk.com.


News Article | May 22, 2017
Site: globenewswire.com

Denmark-based wind and solar power market intelligence and expertise enhance Wood Mackenzie's renewables research and advisory solutions JERSEY CITY, N.J., May 22, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired MAKE, an industry-leading research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector. The combined organization will enhance the offering to existing clients and form the leading market analysis and advisory firm on renewables and the transformation of the global electricity industry. With detailed coverage of power market fundamentals, solar, wind, energy storage, and grid edge technologies, Wood Mackenzie will be ideally positioned to bring clients market-leading analysis and insight on the evolution of the entire energy landscape and will provide a strong platform for the future. MAKE is leading a significant transformation in the energy sector. MAKE's cutting-edge knowledge of wind supply chains, costs, and investment trends will strengthen Wood Mackenzie's offerings in the market during this rapidly changing time in the energy sector. Following the acquisition of Greentech Media in July 2016, Wood Mackenzie is continuing to expand its capabilities and solutions in data and insight for the power and renewables sector. "Decarbonization is the defining trend in the energy industry today. And Wood Mackenzie is building a preeminent position to offer our clients the latest thinking in the renewables sector," said Neal Anderson, president of Wood Mackenzie. "MAKE's expertise in wind and solar power complements both Greentech Media's expertise and our own existing practice." "I look forward to all of our clients benefiting from the combined offering," said Morten B. Keller, managing partner of MAKE. "The renewables sector continues to grow at an unprecedented pace and at a scale that impacts the entire energy landscape. In 2016, more than $200 billion was invested to build a record 116 gigawatts of solar and wind capacity. This accounted for 41 percent of all new electricity capacity globally, more than any other source." "I'm confident MAKE is an excellent fit for Wood Mackenzie, Greentech Media, and the Verisk Analytics family of businesses," added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. About MAKE MAKE is a leading source of intelligence for the renewable energy industry-specializing in onshore and offshore wind. Products include reports, access to MAKE's proprietary databases and forecasts, analyst presentations, and direct analyst access. Bespoke consulting projects provide insight to the wind and solar power communities. MAKE has a global, loyal, and blue-chip customer base that includes some of the world's largest renewable energy companies. They have a highly diversified customer base, including suppliers, OEMs, utilities, independent power producers, and financial institutions, which are served from MAKE's locations in Denmark, China, and the United States. Learn more: www.consultmake.com About Wood Mackenzie Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. Learn more: www.woodmac.com  Follow us on Twitter: @WoodMackenzie About Greentech Media Greentech Media delivers business-to-business news, market analysis, and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research (https://www.greentechmedia.com/research), as well as our world-class journalists and global network of expert contributors. Learn more: www.greentechmedia.com About Verisk Analytics  Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Headquartered in Jersey City, N.J., Verisk Analytics operates in 27 countries and is a member of Standard & Poor's S&P 500® Index. In 2016, Forbes magazine named Verisk Analytics to its World's Most Innovative Companies list and to its America's Best Large Employers list. Verisk is one of only 14 companies to appear on both lists. For more information, please visit www.verisk.com.


News Article | February 15, 2017
Site: www.prweb.com

Wood Mackenzie (http://www.woodmac.com), the leading global natural resources research consultancy, has turned to FastSpring (FastSpring.com) to build out their global e-commerce platform. FastSpring was the natural choice for their powerful and effective digital commerce solution to help Wood Mackenzie drive sales across the world while cost-effectively managing complex global currency and tax issues. Since 1973, WoodMac, a Verisk Analytics business, has been a global leader in commercial intelligence for the energy, metals and mining industries. Wood Mackenzie provides objective analysis and advice on assets, companies and markets, giving clients the insights they need to make better strategic decisions. The company’s asset reports address such topics as oil and gas (upstream and downstream oil and gas, unconventional oil and gas, oil and gas exploration, refining and oil products, and more), as well as, metals, coal, and chemical markets. Bringing on the FastSpring commerce solution allowed reports that have been provided in bundles to now be easily purchased individually. This new venture, incubated by WoodMac's IT team and now established as a formal sales channel has improved the reach and audience for sales of Wood Mackenzie solutions. “Our high-quality content is at the core of everything we do. Our business model is evolving with the times and FastSpring’s e-commerce platform has enabled Wood Mackenzie to reach both existing customers and prospects with new offerings, worldwide, and grow our customer base,” comments Doug Topken, VP of Global eCommerce. “In addition to helping us reach and convert a much wider audience, FastSpring has helped us automate our order management and reporting processes.” As a leading digital commerce solution for over ten years, FastSpring has first-hand industry knowledge and was able to effectively move Wood Mackenzie to a solution that supports company goals while maintaining their brand. FastSpring was able to implement and optimize the Wood Mackenzie sales experience based on their expertise from helping thousands of companies successfully sell through their platform. “In today’s competitive global marketplace, it can be challenging for companies to choose comprehensive and effective e-commerce solutions to meet their unique needs,” comments FastSpring CEO Chris Lueck. “We’re privileged that we were able to provide Wood Mackenzie with an ultramodern solution to maximize its reach and worldwide sales through FastSpring.” About Wood Mackenzie: As a global leader in commercial intelligence for the energy, metals and mining industries, Wood Mackenzie provides objective analysis and advice on assets, companies and markets, giving clients the insight they need to make better strategic decisions. With Wood Mackenzie’s robust proprietary data and models, the company is able to adeptly forecast and value with confidence, and to provide clients with strategic advice they can trust. Its global teams of experts rigorously evaluate the data, ensuring an unrivalled depth of understanding of its chosen markets. For more information on Wood Mackenzie and its asset reports and other services, please visit http://www.woodmac.com. About FastSpring: Founded in 2005, FastSpring provides thousands of customers worldwide with a highly acclaimed, all-in-one e-commerce, subscription management and billing platform. Specifically designed to meet the needs of software, SaaS, and other online service companies, the FastSpring platform will help maximize conversions, increase sales, and grow business—all while providing an award-winning client service experience. For more information on FastSpring, please contact Christina O’Toole, at (805) 259-3557 or communications(at)FastSpring(dot)com. For information on Wood Mackenzie, please contact its Global Press Office at +44 131 243 4499 or press(at)woodmac(dot)com. All companies referenced in this press release, including FastSpring® and more are the trademarks of their respective owners.


Saputra E.,Wood MacKenzie
Society of Petroleum Engineers - SPE/IATMI Asia Pacific Oil and Gas Conference and Exhibition, APOGCE 2015 | Year: 2015

The Indonesian government faces numerous challenges. Given the government's resources are limited, it is important to focus on the essential ones, prioritising the crucial issues over the incidental ones, the urgent initiatives over the trivial matters. Identifying the key issues will enable the government to put the right focus in the right places, to mobilise the people, resources and finances in the right direction. In the light of this, this paper identifies seven key energy issues which should be given the highest priority by the government and other relevant stakeholders. Copyright 2015, Society of Petroleum Engineers.


Giesecke L.,Wood MacKenzie
American Fuel and Petrochemical Manufacturers, AFPM - AFPM Annual Meeting 2016 | Year: 2016

Following strong growth in 2015, US demand for gasoline has recovered to levels not seen since before the recession. Demand is back over 9 million b/d and continues to account for nearly half of the US total petroleum demand; making the outlook for this product pivotal to refiners. Although gasoline demand is likely to match its 2007 peak in 2016, Wood Mackenzie expects demand to decline over the long term as several factors come into play. The paper explains this forecast by breaking it down into the outlook for: distance travelled, taking into account the economic outlook as well as demographic shifts, and fuel efficiency of the light vehicle fleet in light of government CAFE standards. Furthermore, the paper considers risks to the gasoline forecast such as: the potential disconnect between consumer preference and government fuel efficiency targets, as seen by the shift in auto sales in 2015; possible changes in policy, including the government's upcoming mid-term review of fuel efficiency standards, and the role of technology breakthrough (e.g. the electric vehicle effect) and how this could impact gasoline demand. Copyright Copyright © (2016) by American Fuel & Petrochemical Manufacturers (AFPM) All rights reserved.


Gelder A.,Wood MacKenzie
American Fuel and Petrochemical Manufacturers, AFPM - AFPM Annual Meeting 2016 | Year: 2016

Over the past decade, the US refined product net trade balance has shifted dramatically, with exports increasing on average by 350 kbd per year. This transformation has been founded upon weak demand growth, high refinery utilisation and increased non-refinery sources of supply. A key question for US refiners is whether US refined product exports can continue to grow over the medium term. Wood Mackenzie's outlook for US gasoline demand is that it declines over the medium term due to improving vehicle efficiency. This hence provides the basis for a return to export growth if high refinery utilisation can be maintained Given the projected growth in US gasoline exports exceeds the deficits available in the Atlantic Basin markets of Latin America and Sub-Saharan Africa, the key issue for prospective US gasoline exporters is to how to supply Asia, a region with growing gasoline deficits. The key gasoline deficit markets in Asia are Indonesia Australia Malaysia and Vietnam. Wood Mackenzie's refinery competitiveness metric of Net Cash Margin (equivalent to EBiTDA per barrel) shows that, for 2014. the margm advantage enjoyed by US refiners v/as greater than that of refiners in key Asian deficit markets by more than the costs of freight between the regions. The repeal of the US crude export ban at the end of 2015 reduces the competitive advantage enjoyed by US refiners, but with our projected recover/ in global crude oil prices and an associated return to growth of US tight oil supplies, we consider gasoline exports from the US to Asia will be commercially viable in the medium term. Sustaining gasoline supplies and exports will be vital to maintain the high utilisation and earnings of US refiners. The factors of different demand seasonality and a wide variation of product quality specificatwns across Asia suggest US refiners need to consider the appropriate business model and associated infrastructure developments to sustain long haul exports of gasoline components to markets outside the Atlantic Basin. Copyright Copyright © (2016) by American Fuel & Petrochemical Manufacturers (AFPM) All rights reserved.


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