Webinar | APAC Upstream Outlook 2025

• 25 February 2025

Join our webinar on the 25th February as we discuss the outlook for APAC Upstream oil and gas

Asia’s frozen upstream M&A sector begins to thaw

• 10 June 2021

Global upstream M&A is bouncing back. The recent increase in asset acquisitions saw North American deal flow hit its highest level since 2019, while across the rest of the world M&A activity is showing signs of a gradual – if uneven - recovery from the abyss of 2020.

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.

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

• 16 February 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

Graphite Product Suite

Leading graphite market analysis covering the entire graphite supply chain and major graphite markets across the world

US policy cranks up the risks to oil supply – and price

• 14 May 2019

Dwindling spare OPEC capacity leaves market vulnerable to disruption. Learn more.

Angry tweets, a new long march and an escalating trade war

• 12 June 2019

In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.

Can conventional oil projects compete with L48 oil?

• 14 March 2018

US tight oil has arrived with a bang, disrupting the oil market. But can conventional oil projects compete? Our latest report looks at where tight oil and other pre-FID conventional projects sit on the global cost curve.

Australia-China relations continue to sour

• 13 May 2021

With China buying around a third of everything Australia exports on a value basis, the downward spiral in Sino-Australian diplomatic relations is clearly of concern.

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.

China's Two Sessions reiterates commitment to pollution control

• 22 May 2020

The topic of environmental protection continues to feature heavily in the Two Sessions today. Wood Mackenzie experts share some initial thoughts.

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.”

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.

Oil producers cautious as recovery hopes rise

• 20 November 2020

Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead

Next commodities supercycle will be driven by global energy transition

• 15 July 2021

Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.

US Gulf of Mexico Lease Sale 250

• 22 March 2018

On Wednesday, 21 March 2018, the US held its region-wide GoM Lease Sale 250, attracting 159 bids from 33 participating companies, with high bids totalling US$124.8 million. The total of high bids represents a modest increase of about US$3 million over last year's August region wide Lease Sale 249 but is still a lacklustre result.

The state of the US energy storage market

• 20 June 2024

Despite tariffs and interconnection issues in the supply chain, the US energy storage market is still seeing record-breaking growth

Electric vehicles: is workplace charging good for business?

• 07 November 2019

The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. Here’s how providing workplace charging could bring direct and indirect economic benefits to businesses, and support the energy transition.

What is driving elevated prices in PJM?

• 12 September 2024

Hint: it's not the heat

OPEC+ plans to boost oil production

• 07 June 2024

The OPEC+ countries are taking on the delicate task of trying to raise oil production without crashing the market. They are starting cautiously, but the global economic outlook holds plenty of downside risks for demand and prices.

US nuclear’s problems add to the challenge of carbon-free power

• 30 April 2021

The shutdown of the Indian Point nuclear plant underlines the difficulty of achieving 100% zero-carbon electricity in the US by 2035

What does the Glasgow Climate Pact mean for Asia’s energy companies?

• 25 November 2021

Much has been discussed on the implications of the Glasgow Climate Pact for the global economy and energy markets. And while measurable progress has been made in each field, there is no denying much work remains to be done.

How uncertainty will define the oil market in 2021

• 28 January 2021

Covid-19 and the oil price crash sent shockwaves through the oil market in 2020. How will continuing uncertainty affect global demand, supply and refining in 2021?

Can emissions taxes decarbonise the LNG industry?

• 11 April 2024

The LNG industry is facing growing pressure to decarbonise. But this can't be achieved without major investment, pushing up the price of delivered LNG. Buyers have so far been reluctant to pay a premium for low-carbon volumes. Taxing LNG emissions could change this. Europe is leading the way, with the EU taxing the fuel emissions of LNG vessels from this year.  While an important first step, much more is required for the industry to decarbonise at scale.

What would an accelerated energy transition mean for metals and mining?

• 18 October 2022

From soaring Li-ion demand to a cobalt trilemma, and the rare earth winners and losers.

Part 5: unlocking the value of refinery-petrochemicals integration

• 22 November 2023

We are at an unprecedented point in time where the entire commodity petrochemicals industry is in a downturn. Where do we expect chemical margins to end up this year and what can producers do to tide through the downturn?

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?

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

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?

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.