Wood Mackenzie

LNG demand in Asia, the primary market for Gulf producers, is expected to decline for the second consecutive year due to market dynamics influenced by the Iran war, prompting importers to reduce demand, switch suppliers, or adopt alternative fuels. Despite this, some Gulf producers, like Abu Dhabi's ADNOC Logistics and Services, are investing in LNG carriers, citing strong market fundamentals.

Carbon capture, utilization, and storage (CCUS) is projected to grow significantly by 2060, with global capacity expected to rise from 91 million to 3 billion metric tons annually. Despite challenges like permitting delays and community opposition, projects in construction and development stages are advancing. Louisiana has become a focal point of public debate over proposed carbon capture infrastructure.

China's steel sector faces a critical decision on blast furnace relining by 2030, with three-quarters of capacity needing renewal. Experts warn that using traditional methods could lock in 34 gigatons of emissions, while adopting new technologies might reduce this by two-thirds. Zhang Yan, advisor to the China Iron & Steel Research Institute, highlighted the dilemma.

The EU Methane Regulation aims to reduce methane emissions from fossil fuels by requiring monitoring and reporting, potentially cutting global emissions by over 30%. Fossil fuel companies, including those backed by the Trump administration, are lobbying to weaken the rules, claiming they harm energy security, despite evidence showing the regulation supports energy recovery and security.

The U.S. and Iran signed a peace deal on June 17, leading Iran to reopen the Strait of Hormuz. The conflict had disrupted global oil supplies, particularly affecting Southeast Asian markets, but experts predict it will take months for oil flows and prices to return to pre-war levels due to logistical challenges and depleted stockpiles.

The U.S. and Iran announced a deal to reopen the Strait of Hormuz, easing long-term oil supply concerns, but energy analysts predict physical crude markets will remain tight until summer 2027 due to infrastructure repairs and shipping risks. S&P Global estimates supply losses will exceed 1.5 billion barrels by June, with full production normalization delayed.

Energy experts predict oil and gas supplies will take months to normalize after an Iran deal ends the Strait of Hormuz conflict, due to shipping delays, refining challenges, and security concerns. Ships stranded in the Persian Gulf and paused Middle Eastern oil extraction complicate rapid recovery, though initial oil price drops followed the agreement.

Energy experts say oil and gasoline supplies may take months to normalize after an Iran war agreement and Strait of Hormuz reopening, due to stranded ships, security concerns, and slow restarts of production and infrastructure. Countries like Iraq face longer recovery times, while Saudi Arabia and the UAE may resume operations faster.

Experts say oil and gas supplies may take months to return to normal after an agreement to end the Iran war and open the Strait of Hormuz. High prices and supply issues persist due to delayed shipping, refining challenges, and security concerns, with countries like Iraq facing longer recovery times.

Energy experts say oil and gasoline supplies may take months to normalize after an agreement to end the Iran war and reopen the Strait of Hormuz, due to stranded ships, security concerns, and slow restarts of operations. Factors like shipping delays, refining processes, and paused oil extraction in the Middle East contribute to prolonged supply disruptions.

Energy experts predict oil and gasoline supplies will take months to normalize after an agreement to end the Iran war and reopen the Strait of Hormuz. Challenges include stranded ships in the Persian Gulf, slow shipping and refining processes, and uncertainty about the security and stability of the reopened strait.

Solar power supplied 12.8% of US electricity in May, surpassing coal's 12.2% for the first time. Despite federal policy favoring coal, solar remains the leading source of new power in the US, with data from Ember, Solar Energy Industries Association, and Wood Mackenzie highlighting its growth and coal's decline.

In May, solar power supplied 12.8% of US electricity, surpassing coal's 12.2% for the first time. Reports from Ember, the Solar Energy Industries Association, and Wood Mackenzie highlight solar's growth and coal's decline despite federal policy favoring coal under Donald Trump.

Solar power in the U.S. supplied more electricity than coal for the first time in May, reaching 12.8% of the nation’s electricity, while coal’s share dropped to 12.2%. Despite federal policies under President Trump favoring coal, solar and wind energy continue to grow, with renewables expected to surpass coal globally by 2030.

Solar energy accounts for 91% of new energy resources in the U.S., with Michigan ranking seventh in solar panel installations. The industry faces political and regulatory challenges under the Trump administration, which has taken steps to block renewable energy projects, though solar demand remains strong due to AI-driven electricity needs.

Solar power in the US surpassed coal in electricity generation for the first time in May 2026, according to reports by Ember, Solar Energy Industries Association, and Wood Mackenzie. Despite federal policies favoring coal under President Trump, solar remains the leading source of new power, with coal's share declining to its fourth-lowest monthly level.

Solar power surpassed coal as the third-largest electricity source in the U.S. in May, supplying 12.8% of the nation’s electricity compared to coal’s 12.2%. Despite Trump’s efforts to boost coal with $700 million in support, solar and wind energy continue to grow, driven by reports from Ember, the Solar Energy Industries Association, and Wood Mackenzie.

US datacenter developers and power grid operators face a critical challenge as AI datacenters demand massive amounts of reliable power while the aging grid struggles to meet these needs. Developers must choose between waiting 5-10 years for grid upgrades or building risky on-site power generation with curtailment agreements, though grid rules and technical complexities make colocated generation models potentially unworkable.

European automaker Stellantis and Chinese carmaker Dongfeng have formed a joint venture to potentially manufacture Dongfeng electric vehicles in France. The partnership aims to help Dongfeng meet made-in-Europe regulations while capitalizing on surging global EV demand, which is expected to represent one in three cars sold globally this year.

Chinese EV manufacturers BYD and CATL are competing to improve charging speeds and battery technology, with BYD pursuing flash-charging and CATL focusing on fast charging and battery-swapping. Next-generation technologies like solid-state and sodium-ion batteries face delayed timelines. Meanwhile, China's slowing domestic economy is pushing EV makers to expand internationally, with BYD negotiating with Stellantis to acquire European manufacturing facilities.