Search

The cost of capital discipline: Big Oil faces production cliff edge

26 February 2026

Wood Mackenzie analysis reveals 30 of the world's largest oil and gas companies face a combined 22 million barrels of oil equivalent per day (mmboe/d) production shortfall by 2040 to maintain their market share of oil and gas demand. The group collectively produces around 50 million barrels of oil equivalent per day, meeting close to 30% of global demand. But the latest report from Wood Mackenzie expects production from current commercial projects for these 30 companies to fall nearly 40% between 2025 and 2040.

News Release

Wood Mackenzie powers Puerto Rico domestic violence shelter with solar, energy storage

10 March 2026

Wood Mackenzie, a global leader in energy research, data and consultancy, in partnership with nonprofit Let's Share the Sun Foundation, has announced their latest project dedicated to bringing solar power to underserved communities. Together, with other donors, they have funded installation of a solar power and energy storage system at a critical shelter serving women and children fleeing domestic violence in Puerto Rico.

News Release

U.S. adds 43 GW of new solar capacity in 2025, marking fifth straight year as top source of new power

10 March 2026

The U.S. solar industry installed 43 gigawatts (GW) of new capacity in 2025, remaining the dominant source of new capacity added to the grid for the fifth consecutive year. Solar and energy storage represent 79% of new capacity installed in the first year of the Trump Administration.

News Release

Middle East conflict could force up to 6.0 million b/d crude run cuts across Asia, says Wood Mackenzie

11 March 2026

If the Straits of Hormuz remain closed, Asian refineries could be forced to cut crude runs by approximately 6.0 million barrels per day (b/d) in April 2026 compared with pre-conflict forecasts, under a worst-case scenario in which existing emergency stockpiles are not used, according to Wood Mackenzie’s latest analysis.

News Release

Strait of Hormuz closure threatens South Asia LNG supply

11 March 2026

South Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to be 2–3 million tonnes (Mt) lower through Q3 2026, compared to pre-crisis projections, as countries struggle to replace disrupted Qatari supplies, according to new analysis from Wood Mackenzie that considers a scenario of two months’ supply disruption.

News Release

Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets

12 March 2026

Gas supply disruption from the Middle East conflict will drive sustained volatility in European power markets, with TTF prices above €50/MWh passing through to electricity prices across major markets, according to Wood Mackenzie analysis published today.

News Release

GoA BBG2 lease sale spending down 85% compared to BBG1, but strategic trends continue

12 March 2026

Intense competition emerges for four adjacent Green Canyon blocks with limited exploration history Reduced 12.5% royalty rate under Big Beautiful Gulf programme supports stronger economics ahead of August rebound

News Release

Wood Mackenzie Cross-Sector Analysis Finds EU Industrial Accelerator Act Lacks Binding Force to Achieve 20% Manufacturing GDP Target by 2035

17 March 2026

Wood Mackenzie's cross-sector analysis found the European Union's Industrial Accelerator Act will likely stem the pace of industrial decline but lacks the comprehensiveness and binding force required to achieve its stated goal of increasing manufacturing to 20% of EU GDP by 2035.

News Release

Middle East conflict accelerates nuclear expansion in Japan and South Korea

18 March 2026

Middle East conflict is reinforcing energy security as a central pillar of power planning in Japan and South Korea, with coal generation providing a significant near-term buffer. During the current shoulder season, coal fleets could offset up to 70% of gas-fired generation in Japan and more than 100% in South Korea of the same season last year, according to new analysis from Wood Mackenzie. While both markets remain relatively insulated from immediate fuel supply disruption, the crisis is accelerating structural shifts toward nuclear expansion, slower coal retirements and the localisation of clean energy supply chains.

News Release

Ras Laffan attacks fundamentally reshape global LNG outlook as recovery timeline likely significantly extended

19 March 2026

Missile attacks on Qatar’s Ras Laffan Industrial City have caused extensive damage including fires. This fundamentally alters the global gas market outlook, according to Wood Mackenzie. Initial expectations of a two-month disruption are now likely to be exceeded.

News Release

Middle East conflict to have limited near-term impact on Southeast Asia power markets, but raises long-term energy security risks

24 March 2026

Southeast Asia’s power markets are showing resilience to the ongoing Middle East conflict, but the crisis is reinforcing energy security as a central pillar of long-term power planning across the region. While regulated pricing and long-term LNG contracts are expected to shield most markets from severe near-term price shocks, the disruption is likely to accelerate a reassessment of generation strategies, according to the latest analysis from Wood Mackenzie.

News Release

Wood Mackenzie partners with Special Olympics Asia Pacific to tackle gender gap in sport

31 March 2026

Wood Mackenzie, a global leader in analytics, insights and proprietary data across the energy and natural resources landscape, today hosted an exclusive event in partnership with Special Olympics Asia Pacific (SOAP), titled “Women & Girls Rising Through Sport.”

News Release

Middle East conflict puts up to 3.5 million tonnes of aluminium output at risk

01 April 2026

The ongoing Middle East conflict is triggering a critical supply crisis in the global aluminium market, with disruptions potentially removing 3–3.5 million tonnes (Mt) of output in 2026.

News Release

Gas turbine prices soar 195% as market faces supply-demand crisis

01 April 2026

Prices anticipated to be US$600/kW by end-2027—a 195% increase since 2019 Orders to peak in 2026, as developers secure 63GW of gas capacity through 2030 Driven by increased electrification demand, especially around the expansion of data centers, the gas turbine market faces a significant market...

News Release

Middle East oil and gas recovery faces months-long process despite ceasefire

08 April 2026

The 11 million b/d of upstream production currently shut-in across the Middle East can only be restored when export logistics normalise.

News Release

Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade

14 April 2026

Middle East crude exports collapsed nearly 60% between early February and early March 2026, falling from 18.7 million barrels per day (bpd) to 5.9 million bpd as the Strait of Hormuz faced paralysis, according to Wood Mackenzie's VesselTracker. This disruption has triggered an unprecedented global energy realignment, with Europe importing record North American crude and refined products while simultaneously exporting surplus gasoline and fuel oil (FO) to Asia.

News Release

US community solar surpasses 10 GW milestone in 2025 despite tightening market conditions, according to Wood Mackenzie

15 April 2026

Expected national growth to be 12% in 2026; Subscriber acquisition costs decline 12% on average in 2025; community-scale solar potential exceeds 12 GW through 2030 The US community solar sector reached a historic milestone in late 2025, officially surpassing 10 gigawatts (GWdc) of cumulative na...

News Release

Major oil companies increase high-impact exploration investment to address 300-billion-barrel supply gap and energy security priorities by 2050

23 April 2026

The world's 30 largest exploration and production companies face production declines averaging nearly 40% between 2025 and 2040. These declines are driving renewed investment in ultra-deepwater frontier exploration as countries seek supply diversification and strategic energy security, according to analysis published today by Wood Mackenzie.

News Release

Australia's power market shows resilience amid Iran crisis as renewable energy transition delivers energy security dividend

29 April 2026

Australia’s electricity sector is showing significantly greater resilience to global energy shocks compared to the 2022 crisis, despite escalating geopolitical tensions in Iran driving sharp increases in global fuel prices, according to Wood Mackenzie.

News Release

Southeast Asia’s new wave of deepwater gas projects

04 May 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy. Our models suggest these projects have fragile economics, with many delivering less than 15% internal rates of return (IRR). As a result, operators face narrow margins for execution error as they race to deliver over US$20 billion of new infrastructure and supply by 2030, according to Wood Mackenzie estimates.

News Release

China Electric Vehicles market slowdown and shifts competition toward ultra-fast charging

18 May 2026

China’s domestic Electric Vehicles (EV) market has slowed to 2024 comparable-period levels as subsidy tapering, margin pressure, and weaker consumer sentiment reshape competition across the sector, according to Wood Mackenzie analysis from the 2026 Beijing Auto Show.

News Release

Breaking the speed limit: Wood Mackenzie warns AI data centre power race threatens projects and consumers

27 May 2026

The race to power artificial intelligence is pushing US data centre development to break the speed limit of grid development - creating significant risk for projects, markets and consumers, according to a new Wood Mackenzie report.

News Release

BP p.l.c. named most-admired upstream explorer in Wood Mackenzie’s 17th annual exploration awards

28 May 2026

In its 17th Annual Exploration Awards, Wood Mackenzie Ltd has named BP p.l.c. (bp) the year’s Most-Admired Explorer. The award is determined by the votes of exploration leaders across the industry, supported by independent quantitative analysis conducted by Wood Mackenzie Ltd.

News Release

Australia’s Domestic Supply Obligation framework risks compounding investment uncertainty, says Wood Mackenzie

04 June 2026

The Australian government’s proposed Domestic Supply Obligation (DSO) framework risks increasing, rather than reducing, investment uncertainty at a critical time for the nation’s energy sector.

News Release

Nextpower tops Wood Mackenzie’s global tracker manufacturer ranking 2026

08 June 2026

Nextpower ranked first in Wood Mackenzie’s Global Tracker Manufacturer Ranking 2026, as solar developers, investors and lenders place increasing emphasis on bankability, supply chain resilience and operational reliability when selecting tracker suppliers.

News Release

The global solar tracker market reached 134 GWdc and grew 19% in 2025

08 June 2026

The global solar tracker market expanded 19% in 2025, surpassing 134 Gigawatts Direct Current (GWdc) of equipment shipments, according to Wood Mackenzie’s ‘Global solar tracker market share 2026’.

Editorial

IMO 2020 is coming

12 November 2019

How will the upcoming IMO 2020 bunker fuel regulations affect the US distillate supply/demand balance?

Featured

The future for green hydrogen

25 October 2019

A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.

Case Study

Striking the right balance: unlocking offshore industry potential

07 November 2019

Learn how the government of Ireland encouraged oil and gas exploration through an improved fiscal regime

Editorial

Satellite tracking, remote sensing: how we monitor the LNG market

13 October 2022

Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?

Upstream

Emissions & Carbon Management

Energy Transition Scenarios & Technologies

Power & Renewables

Gas & LNG

Metals & Mining

Oils & Chemicals

Commodity Trading Analytics

Supply Chain Analytics

Consulting

Wood Mackenzie Events

Webinars

Global events

Asia

Africa

Europe

North America

Power and renewables

Upstream oil and gas

Macroeconomics, risk and global trends

Oil and gas markets

Midstream oil and gas

LNG

Downstream oil refining

Coal

Metals markets

Metals costs

Chemicals

Wallmaps for sale

Power & Renewables

Hydrogen

Upstream

Subsurface

Gas & LNG

Metals & Mining

Carbon

Emissions

Energy Transition

Lens Direct - API

Access our research platforms

Refine results

Article Category

Industry Sector

Commodity

Location

Search results: 5227

The cost of capital discipline: Big Oil faces production cliff edge

Wood Mackenzie powers Puerto Rico domestic violence shelter with solar, energy storage

U.S. adds 43 GW of new solar capacity in 2025, marking fifth straight year as top source of new power

Middle East conflict could force up to 6.0 million b/d crude run cuts across Asia, says Wood Mackenzie

Strait of Hormuz closure threatens South Asia LNG supply

Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets

GoA BBG2 lease sale spending down 85% compared to BBG1, but strategic trends continue

Wood Mackenzie Cross-Sector Analysis Finds EU Industrial Accelerator Act Lacks Binding Force to Achieve 20% Manufacturing GDP Target by 2035

Middle East conflict accelerates nuclear expansion in Japan and South Korea

Ras Laffan attacks fundamentally reshape global LNG outlook as recovery timeline likely significantly extended

Middle East conflict to have limited near-term impact on Southeast Asia power markets, but raises long-term energy security risks

Wood Mackenzie partners with Special Olympics Asia Pacific to tackle gender gap in sport

Middle East conflict puts up to 3.5 million tonnes of aluminium output at risk

Gas turbine prices soar 195% as market faces supply-demand crisis

Middle East oil and gas recovery faces months-long process despite ceasefire

Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade

US community solar surpasses 10 GW milestone in 2025 despite tightening market conditions, according to Wood Mackenzie

Major oil companies increase high-impact exploration investment to address 300-billion-barrel supply gap and energy security priorities by 2050

Australia's power market shows resilience amid Iran crisis as renewable energy transition delivers energy security dividend

Southeast Asia’s new wave of deepwater gas projects

China Electric Vehicles market slowdown and shifts competition toward ultra-fast charging

Breaking the speed limit: Wood Mackenzie warns AI data centre power race threatens projects and consumers

BP p.l.c. named most-admired upstream explorer in Wood Mackenzie’s 17th annual exploration awards

Australia’s Domestic Supply Obligation framework risks compounding investment uncertainty, says Wood Mackenzie

Nextpower tops Wood Mackenzie’s global tracker manufacturer ranking 2026

The global solar tracker market reached 134 GWdc and grew 19% in 2025

IMO 2020 is coming

The future for green hydrogen

Striking the right balance: unlocking offshore industry potential

Satellite tracking, remote sensing: how we monitor the LNG market

Sign up to the Inside Track weekly newsletter