Can the North Sea survive the price rout?

• 23 March 2020

The North Sea has weathered several storms in its 50-year existence. But the events of the past few weeks mean the sector is entering uncharted waters. The coronavirus pandemic and collapse in OPEC+ production restraint has seen Brent reach its lowest point since 2003.

Learning the right lessons from the Texas crisis

• 03 December 2021

The blackouts raise important questions about investment, innovation and electricity market design, as the share of variable renewable generation on the grid increases.

Japan's INPEX signs deal with Indonesia on Masela block development

• 17 June 2019

The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

Riding the solar-coaster | Podcast

• 25 August 2023

Several clean energy companies have had a rough ride on the stock market in recent weeks. What’s happening, and where is the industry headed?

Upstream FIDs pushes on with lower costs

• 05 April 2018

As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.

Scott Morrison wins 2019 Australia election

• 20 May 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

What changed energy markets in the 2010s?

• 14 January 2020

Can a decade be a turning point? So much happened in the energy sector, the 2010s might be seen as just that.

Rare Earths Product Suite

Unmatched analysis of the entire rare earths supply chain to help you make smarter, more informed decisions

Q&A on the nickel market

• 11 December 2017

Watch Andrew Mitchell, Research Director, EMEARC Nickel Costs, discuss the state of the nickel market, and how the anticipated electric vehicle (EV) boom could affect supply-demand dynamics.

New project sanctions on the rise?

• 21 June 2017

At the start of the year, we predicted that around 20 to 25 major new upstream projects would be sanctioned in 2017, roughly double the score for 2016. So, as we approach the year’s halfway mark, how is our forecast faring?

Recycled PET

Understand the commercial and strategic drivers of Recycled PET supply and demand, price forecasts and leading market trends.

How will global gas and LNG markets respond to oversupply in 2020?

• 10 February 2020

What will 2020 look like? And what could happen that will shape the market longer term?

Shell’s Nigeria sale offers value, but bidders need to do their homework

• 12 August 2021

Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”

Rising oil prices test US producers’ willpower

• 15 January 2021

WTI above $50 means US E&Ps can hold production flat while paying down debt. But will they be tempted to go for growth?

Ready, steady, store: delivering on the EU’s CO₂ storage obligation

• 28 January 2025

What will the European Union’s Net-Zero Industry Act (NZIA) mean for Europe’s upstream oil and gas industry?

Webinar | From molecules to electrons: Trump 2.0 and the impact on the energy transition

• 03 December 2024

The 2024 US election result and an incoming Trump 2.0 administration arrive at a pivotal moment for the energy transition. As policies and priorities shift, their impact will ripple across the energy and natural resources sectors. This webinar mini-series dives into the heart of these changes, offering expert insights into how the outcomes could redefine the energy landscape. The mini-series consists of two webinars: molecules (oil, gas/LNG, carbon, hydrogen, and sustainable fuels) and electrons (renewable electricity, batteries, electrified transport, power markets and grid innovations).

Brazil and ExxonMobil win big at oilfield auction

• 05 October 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.

China leads global renewables race with record-breaking 230 GW installations in 2023

• 28 November 2023

Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined.

Washington tariff dispute creates uncertainty for US solar

• 05 May 2023

Congress and President Biden are at odds over possible new duties on modules imported from Southeast Asia

Five trends that will cut global emissions in 2021

• 27 January 2021

Even a global pandemic couldn’t keep climate change from climbing the corporate agenda in 2020, and that momentum will only build in 2021. Which trends will have the biggest impact on extractive industries like oil and gas and mining in the year ahead? Read our analysts’ predictions.

US gas enters an era of increased price volatility

• 23 February 2024

A mild winter has driven US gas prices down to levels last seen during the pandemic. After the spike in prices in 2022, it seems as though the market has become more volatile. One key reason is that the US has not been building enough gas storage.

Trump administration declines to go all in for coal — for now

• 01 September 2017

On August 24, the Department of Energy released their "Staff Report on Electricity Markets and Reliability," which some thought would provide a strong endorsement of the value of baseload coal. This was not the case.

Can Gazprom deliver Power of Siberia gas to China by 2020?

• 06 September 2017

In July, Gazprom and China National Petroleum Corporation (CNPC) announced first gas supplies via the Power of Siberia pipeline for 20 December 2019. Alongside a raft of projects starting up in 2019-2021, tax increases and low gas prices are straining Gasproms finances. We explore the risks for the Power of Siberia project.

Hess sells Shenzi stake to BHP in US$505m deal

• 05 October 2020

Hess is selling its 28% working interest in the Shenzi field in US Gulf of Mexico to operator BHP.

Upstream cash machines

• 24 March 2022

Upstream has never made so much money. Higher oil and gas prices resulting from the Russia/Ukraine conflict are delivering undreamt-of cash generation in 2022.

Huawei and Sungrow lead global solar inverter market share in the first half of 2025, Wood Mackenzie says

• 05 January 2026

Huawei and Sungrow ranked as the top two global solar inverter manufacturers for the first half of 2025, with scores of 93.9 and 93.7, respectively. This ranking is based on the Global Solar Inverter Manufacturer Rankings H1 2025 report from Wood Mackenzie. The rankings evaluate 23 leading manufacturers from seven countries based on eight performance criteria, accounting for approximately 90% of global shipment volumes in 2024. “The 2025 global inverter landscape is led by a diverse group of power-electronics leaders combining scale with innovation,” said Timothy Shen, Senior Research Analyst at Wood Mackenzie. “Increasingly, competitive advantage is defined not just by shipment volume, but by capabilities across pioneering Environmental, Social, and Governance (ESG) initiatives, service quality and stable supply chains.”

Americas Chemical Conference recap

• 19 December 2017

After our 4th Americas Chemical Conference in Houston, Steve Zinger shares his thoughts on the conference and discusses some of the hot topics in the chemicals industry.

Global upstream FIDs on track to double in 2017

• 17 July 2017

In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.

How solid oxide fuel cells provide reliable power and drive decarbonization

• 20 September 2023

Businesses shouldn’t have to choose between reliable power and making decarbonization progress.

China’s bull run keeps it top dog in renewables

• 23 February 2022

China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.