• News Release

  What does the pathway to a net-zero economy look like for miners?

  • 06 julio 2020

  Global emissions must reach net-zero by the second half of the century to keep global temperature rises below 2°C. Emissions from metals production will need to halve over the next 20 years in order to hit this target, according to Wood Mackenzie.

• Webinar

  Webinar | Nigeria's Marginal Fields Round

  • 16 julio 2020

  On 1 June 2020, Nigeria's Department of Petroleum Resources (DPR) launched its first marginal fields round in nearly 20 years. Join Gail Anderson, Director of Wood Mackenzie's Sub-Saharan Africa Upstream Research, and Mansur Mohammed, Head of West Africa Content, who will provide insight on: • Available resources and fiscal terms • The infrastructure question: stand-alone developments or third party access? • What is the potential for gas monetisation? • Where are the best opportunities for investors? A 30-minute presentation will be followed by a Q&A session with our experts. To facilitate the discussion, please take two minutes to complete our short survey. Responses will be anonymous and will provide insights on the round from the perspective of industry stakeholders.

• News Release

  Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half

  • 18 junio 2020

  China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.

• Comment

  Chevron to sell stake in North West Shelf LNG

  • 18 junio 2020

  Chevron continuing to high-grade its portfolio and putting its 16.7% stake in the NWS up for sale makes a lot of sense.

• News Release

  Annual solar repairs and maintenance spend to grow to $9 billion by 2025

  • 22 junio 2020

  Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.

• News Release

  US solar PV system costs falling faster than anticipated

  • 24 junio 2020

  Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie.

• News Release

  US offshore wind powers up

  • 23 junio 2020

  The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.

• News Release

  Argentina weighs new price subsidy, but freezes gas tariffs

  • 25 junio 2020

  Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas market. To maintain low gas prices for end-users, the new administration has imposed a tariff freeze until the end of 2020.

• Comment

  BP sells petrochemicals business to INEOS in US$5bn deal

  • 29 junio 2020

  Steve Jenkins, vice president of Wood Mackenzie’s petrochemicals team, comments on this morning’s announcement from BP that it is selling its petrochemicals business to INEOS in a US$5 billion deal.

• Content

  Women in energy

  • 23 julio 2020

  We showcase research and analysis from some of our most accomplished and influential women in energy and natural resources. Meet some of the many outstanding women we're proud to work with – and explore their latest thinking.

• Comment

  Shell's write-down of Australian assets not a surprise

  • 01 julio 2020

  It’s no surprise to see Shell writing down the value of its assets, in line with the new post-pandemic energy demand outlook. In fact, we’ve revised the value of oil and gas assets in Asia Pacific by US$200 billion as a result of a lower oil price outlook.

• Comment

  ExxonMobil (NYSE: XOM) Strikes Oil in Guyana with the Turbot-1 well

  • 06 octubre 2017

  Following ExxonMobil's (NYSE: XOM) announcement this morning of its fifth new oil discovery after drilling the Turbot-1 well offshore Guyana, Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream has the following comments.

• Comment

  Brazil and ExxonMobil win big at oilfield auction

  • 05 octubre 2017

  Following Brazil's record oil field auction yesterday, where ExxonMobil (NYSE: XOM) vastly expanded its presence in the country with winning stakes in ten blocks, including eight deepwater blocks in the Campos basin, Horacio Cuenca, Research Director, Upstream Latin America at Wood Mackenzie offers the following commentary.

• News Release

  What's behind Libya's production boost?

  • 20 octubre 2017

  Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.

• Comment

  Shenhua and Guodian merger will create world's largest power utility company

  • 06 septiembre 2017

  On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.

• Comment

  Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

  • 07 septiembre 2017

  Singapore –listed E&P company KrisEnergy today signed fiscal and technical agreements with the Royal Government of Cambodia for the Block A Apsara oil development.

• Comment

  North Korea's military operations could impact 58% of Chinese oil production

  • 06 septiembre 2017

  Any further tension or missile launches from North Korea could potentially impact its neighbours who are the world's largest energy importers.

• Comment

  Eni sanctions Coral FLNG

  • 20 septiembre 2017

  Italian major Eni announced today it has taken a final investment decision (FID) on the Coral floating liquefied natural gas development (FLNG), offshore Mozambique.

• News Release

  Majors start shaping strategies to capture a piece of the renewables action

  • 26 septiembre 2017

  Renewable energy sources are set to radically reshape global energy markets. For the Majors, this poses a threat to legacy oil and gas operations, but is also an opportunity to diversify and future-proof portfolios.

• News Release

  Geology vs. technology: How sustainable is Permian tight oil growth?

  • 20 septiembre 2017

  Technology has played a huge role in the rapid rise of production in the Permian. Operators are bullish on the region's long-term potential and poised to exploit the Permian at an unparalleled pace over the next few years. However, according to a report by Wood Mackenzie, Geology vs. technology: how sustainable is Permian tight oil growth?, geological constraints that may arise as the play is aggressively developed could lead to production shortfalls, and in turn, higher prices early next decade.

• Comment

  BHP Shale Asset Divesture

  • 20 septiembre 2017

  Commenting on BHP Billiton's plans to divest its U.S shale unit, Jon Weintraub, research analyst at Wood Mackenzie, said: "BHP's announced divesture of its onshore U.S. business is a pretty momentous step-change in its corporate strategy and marks the culmination of its push to be a major shale player. We expect to see all options being considered with a substantial amount of interest from multiple pools of buyers."

• Comment

  Mexico's Energy Reform pays off with Zama

  • 26 septiembre 2017

  Following the announcement this morning that Talos energy and its partners Premier Oil and Sierra Oil & Gas have made a discovery at Zama-1, drilled in Block 7 offshore Mexico, please find below initial comment from Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream.

• Comment

  US$500 billion worth of investments needed to meet burgeoning power demand

  • 20 septiembre 2017

  In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years

• News Release

  Non-OPEC decline rates to remain stable until 2020

  • 27 septiembre 2017

  Through operational excellence programmes and smart spending, operators have managed to maximise production and improve efficiencies, bucking expectations of an increase in decline rates. In fact, non-OPEC decline rates have remained stable since 2015. A new report by Wood Mackenzie, Non-OPEC Decline Rates: Lower for Longer, looks at the factors influencing this stability, how long it can be maintained and the impact future shifting decline rates may have on the oil market.

• News Release

  Upstream players grapple with uncertainty

  • 15 mayo 2017

  To gauge the state of the sector, Wood Mackenzie asked its client base to share their thoughts on a number of key themes, and the responses were analysed to give a comprehensive view of how the sector’s key players view the future.

• News Release

  Production from Argentina's Vaca Muerta to reach 113 kboed by 2018

  • 04 mayo 2017

  The seven most advanced developments are expected to see production increases of 43% in 2017.

• News Release

  Return of Asian investment in US tight oil

  • 08 mayo 2017

  If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

• Content

  Energy Transition

  • 23 junio 2017

  Quantify the impact of new and emerging low/no carbon technologies and benchmark demand, supply, and net import opportunities across the globe out to 2040.

• News Release

  Revival of deepwater industry: best projects closing gap

  • 30 marzo 2017

  The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil

• News Release

  Surge in oil hedging could worsen US supply glut

  • 27 marzo 2017

  Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.