• News Release

  PV module innovations to help drive down solar costs in coming decade

  • 19 octubre 2020

  The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

• Content

  Maritime

  • 23 noviembre 2020

  Stay ahead of the oil market with real-time, proprietary vessel tracking data and unique insight.

• News Release

  ConocoPhillips swoops on Concho in $9.7bn all-stock deal

  • 19 octubre 2020

  Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

• Webinar

  Webinar | What is the future for US coal markets under Trump vs Biden?

  • 14 octubre 2020

  Americans go to the polls on 3 November to make their choice for the next president as well as other political offices within the country. In 2016, then-Republican candidate Trump promised to stop the “war on coal” which was a message well received by US coal producers. However, after President Trump’s first term, what policy changes has he made and how have coal markets fared under his watch?

• News Release

  Global regas capacity under construction hits 10-year high at 144 mmtpa

  • 02 septiembre 2020

  Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

• News Release

  Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

  • 07 septiembre 2020

  Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.

• News Release

  China’s gas power plants bleed under pressure from lower tariffs and trade war

  • 15 septiembre 2020

  China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

• News Release

  China’s PTA producers look to futures to weather market volatility

  • 16 julio 2020

  China’s purified terephthalic acid (PTA) producers have been using the futures market to price PTA in the spot market, hedge against risks and manage inventory. This has allowed many to stay profitable, despite market uncertainty and disruption brought by the coronavirus pandemic, says Wood Mackenzie.

• News Release

  Total named industry’s most-admired explorer in WoodMac survey

  • 06 julio 2020

  French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.

• Opinion

  How will refiners cope with lost oil demand?

  • 24 junio 2020

  Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead

• Comment

  Shell's US$22bn write down 'signals fundamental change'

  • 30 junio 2020

  Royal Dutch Shell said on 20 June it would write off assets worth up to $22 billion on the back of weakening oil and gas demand due to the coronavirus pandemic and a weaker energy price outlook.

• News Release

  When will the market face peak demand?

  • 18 octubre 2017

  The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

• News Release

  North America could play bigger role in future global bunker market

  • 20 marzo 2017

  Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

• Comment

  Market implications of Chinese tariffs on US LNG

  • 03 agosto 2018

  Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.

• News Release

  New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production

  • 20 junio 2018

  Brazil's new local content regulations could fast-track the deployment of FPSO units, speeding up the pace of pre-salt oil production by more than 21 billion barrels by the mid-2020s, a new report by Wood Mackenzie analysing the impact of new local content rules on production, royalty collection and job creation has found.

• Comment

  US LNG deal 'could be significant for relationship with Europe'

  • 27 julio 2018

  What does the EU's agreement to buy US LNG - announced after a meeting between European Commission president Jean-Claude Juncker and US President Donald Trump - mean for producers and consumers?

• News Release

  OPEC producers key to world supply through to 2040

  • 16 julio 2018

  Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

• News Release

  China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

  • 21 agosto 2018

  Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

• News Release

  Permian producers hedge their bets against pipeline delays

  • 11 septiembre 2018

  Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

• Comment

  Transocean’s $2.7bn Ocean Rig deal ‘a winner’

  • 03 septiembre 2018

  Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.

• Comment

  China's retaliatory tariff on US LNG

  • 19 septiembre 2018

  In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.

• Comment

  Merger does the business for Wintershall and DEA

  • 28 septiembre 2018

  Wintershall and DEA set to merge to create independent exploration and production company

• News Release

  Is the end of the global energy transition closer than we think?

  • 17 octubre 2018

  Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

• News Release

  Upstream players need to boost spending to meet future demand

  • 24 octubre 2018

  Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

• Comment

  What next for the oil market as the US reimposes sanctions on Iran?

  • 06 noviembre 2018

  What next for the oil market as the US reimposes sanctions on Iran?

• News Release

  Is deepwater ready for cost inflation?

  • 27 noviembre 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• Comment

  Qatar quits OPEC

  • 03 diciembre 2018

  On 3 December 2018, Qatar announced it will withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel. Qatar, which said it intends to focus on its gas production, made the announcement ahead of the 6 December OPEC meeting.

• News Release

  OPEC stays the course with production deal

  • 01 diciembre 2017

  OPEC and non-OPEC producers agree to extend production curbs through 2018

• News Release

  Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

  • 14 diciembre 2017

  2018 looks set to be a brighter year for upstream oil and gas companies

• News Release

  Can upstream cost savings stick?

  • 15 diciembre 2017

  The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.