Live from COP29: climate finance at the forefront

• 12 noviembre 2024

What’s top of the agenda at COP29? The Energy Gang is live from day one at COP29, where industry leaders are debating climate finance.

COP29 faces climate finance challenge

• 12 noviembre 2024

The COP29 climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.

Predictions for energy and natural resources in 2025

• 13 diciembre 2024

The impact of Chinese EVs, ambitious NOCs, the Saudi storage boom and more, as Wood Mackenzie analysts look ahead to next year

CCUS growth challenged by current economics

• 10 octubre 2024

Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilisation and storage (CCUS), economics remain challenging, and many potential projects are at risk.

AI and data centres will transform US power market dynamics

• 31 octubre 2024

Booming data centre build-out is a key driver of resurgent US power demand.

Getting China back on track

• 24 octubre 2024

Commodity markets are suffering from the impact of China's current economic difficulties on domestic energy demand. China’s government has just responded with an ambitious stimulus package aimed at shoring up its faltering manufacturing sector and boosting weak consumer confidence.

Decisive action needed to achieve net zero by 2050, as world is currently on path for 2.5 ˚C to 3 ˚C global warming

• 29 octubre 2024

A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future.

The Energy Gang’s review of the year in energy

• 23 diciembre 2024

China’s booming EV industry, AI and clean energy, questions over hydrogen, and the other big stories from 2024

China’s energy markets feel the squeeze

• 11 junio 2019

When the US sneezes, China catches a cold or so they say. Certainly when the US decides to stack tariffs onto the price of imported Chinese goods, China’s economy, central to global economic growth, slows down. That’s already started to happen – even before the latest increase in tariffs starts to have an effect.

Energy transition is making its mark on Asia Pacific's major energy markets

• 13 mayo 2019

APAC Energy Buzz is a monthly blog by our Asia Pacific Vice Chair, Gavin Thompson. In his blog, Gavin shares the sights and sounds of what’s trending in the region and what’s weighing on business leaders’ minds.

Four themes shaping the energy transition

• 29 mayo 2018

In Energy View to 2035, our latest assessment of the energy landscape over the next two decades, we use cross-commodity data to analyse what will shape future trends in global energy consumption.

OPEC and how low prices have changed oil demand

• 03 abril 2018

How to sum up the effect on oil markets of OPEC’s strategy since 2014? Based on how the fundamentals have evolved, it's been a pretty mixed bag.

How the Majors will emerge stronger from the downturn

• 14 noviembre 2017

Low oil prices, severe financial stretch, even moments of existential contemplation – it’s hardly been the right environment for successful business development.

Trump and Biden seek the middle ground on energy

• 11 septiembre 2020

The two contenders for the US presidency have fundamentally different views on energy, but have been seeking to win over swing voters

Emissions Benchmarking Tool

Inform strategic decisions regarding emissions risk management via competitive benchmarking, portfolio analysis and economic impact assessment.

The long haul for electric heavy trucks

• 25 septiembre 2020

For passenger and light freight vehicles, electric options are available and becoming more competitive. But long-distance road transport faces an uphill struggle

What the coronavirus means for the energy transition

• 29 septiembre 2020

Wood Mackenzie’s new Energy Transition Outlook shows the world is heading for 3° C of warming. Changing that course will take policy commitment, accelerated innovation, and massive investment. Ed Crooks, Vice-Chair Americas, gives his view of the key findings from this year's outlook.

In conversation with Asia Pacific’s CEOs

• 04 noviembre 2020

We hosted the CEOs of PETRONAS, Santos and Medco, the chairman of Indian Oil Corporation, and many other senior executives from a range of leading oil and gas companies, utilities and banks over two days at our APAC Energy & Commodities Summit last month.

Electric vehicles can help save the environment, but can they save the owner money?

• 18 noviembre 2020

Using Wood Mackenzie's Total Cost of Ownership (TCOO) Model to compare the potential cost of owning an EV against an ICE vehicle over 10 years, it's clear that three variables - incentives, fuel cost and depreciation - really make the difference.

What is carbon-neutral LNG?

• 18 noviembre 2020

LNG ranks among the most emission-intensive resource themes across the oil and gas sector.

A Biden administration: implications for the energy industry

• 09 noviembre 2020

The energy sector faces a very different future under President-elect Biden. What are the implications for the oil market? How will key US geopolitical relationships change? And can a Biden administration push through its climate change goals?

Biden, China and politics of energy

• 11 noviembre 2020

As the new administration looks to take the US back into the Paris climate agreement, will the US and China work together on tackling global warming?

Dual circulation and China’s push for energy security

• 25 noviembre 2020

At its core, dual circulation is about relying less on the outside world.

Horizons Live: Eye on the tiger

• 09 abril 2025

What if India’s growth matched China’s 2000's boom? Explore the global energy ripple effects in this month’s Horizons Live.

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

• 06 diciembre 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

Wood Mackenzie launches Lens Gas & LNG

• 15 noviembre 2022

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

New CEO Looney rings changes at BP with ambitious climate plan

• 12 febrero 2020

Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor and Repsol in making a major commitment to reduce its net carbon footprint. “This marks a major turnaround in BP’s position. Just 12 months ago former CEO Bob Dudley said the company could not be held accountable for how people use its products. Looney is taking the company in a very different direction.” Parker added: “It’s an ambition, rather than a target, but the commitment appears to be unconditional. In terms of scale of commitment, this puts BP towards the top of the pack, along with Repsol and Equinor. “This will see BP’s business completely transformed over the coming decades: renewables and carbon abatement will get very big, legacy oil and gas will eventually get smaller. But the transition to 2050 is a multi-decade transition - not something that will happen in the next year or so.”

OPEC agrees 1.5m b/d output cut as coronavirus eats into global demand

• 05 marzo 2020

The OPEC oil producers' group and its non-OPEC allies are poised to deepen its production cuts by 1.5 million barrels per day as the coronavirus (Covid-19) outbreak eats into global oil demand.

US$210bn of new spend in firing line as players target cost cuts

• 02 abril 2020

The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.

Covid-19 lockdown hits global solar PV market

• 09 abril 2020

The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.