Can China’s recovery turn the oil market around?

• 15 June 2023

Government starts pulling the levers to bolster the economy

Just how dependent oil markets are on tight oil delivering

• 05 December 2017

What’s the most unexpected outcome three years on from the price crash? There are a few contenders. OPEC’s zealous adherence to production restraint is right up there. US tight oil is another, briefly inconvenienced by low prices but now embarking on a second great phase of growth.

What’s on the minds of CEOs?

• 07 October 2021

A host of senior leaders joined our virtual Global Energy Summit last week to discuss the commodity supercycle, investment, business models and net zero

Saudi Arabia to become largest Middle East wind power market by early 2020s

• 08 April 2019

Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.

European olefins production could recover in 2020 despite coronavirus

• 30 April 2020

Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.

China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

• 20 November 2023

Chinese companies have made significant strides in the Belt & Road initiative's overseas power projects over the past decade. With an estimated investment value of around US$200 billion, over 300 projects have installed 128 GW of power, equivalent to 1.3 times Australia's installed capacity in 2022. However, challenges have emerged, leading to the cancellation or shelving of over 20% of projects to date.

Woodside announces Trion field FID, Mexico’s first deepwater oilfield development

• 22 June 2023

Addressing Woodside’s announced final investment decision (FID) of Trion field, Diego Alviso Becerril, Senior Research Analyst, Upstream Research LATAM, said “This will be Woodside’s first incursion into Mexican waters and Mexico’s first deepwater oil field development. With first oil scheduled for 2028, the development concept considers a US$7.2 billion investment to recover 479 million barrels of equivalent (mmboe).”

Wood Mackenzie brings light to homes in Puerto Rico

• 08 March 2022

A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.

Artificial intelligence and the future of energy

• 27 June 2024

Artificial Intelligence is the next big thing in energy, dominating discussions at all levels in companies, banks, investment funds and governments. Prakash Sharma and I asked WoodMac’s experts what role AI might play in the energy and resources sectors and where the greatest opportunities and risks are.

US microgrid market develops at rapid pace, with capacity reaching 10 GW in 2022

• 06 February 2023

The US microgrid market reached 10 gigawatts (GW) in the third quarter of 2022, with more than 7 GW in operation and the rest in planning or construction stages, according to latest analysis from Wood Mackenzie’s Grid Edge Service.

COP26 oil demand: in the cross hairs of emissions reduction

• 18 August 2021

Our COP26 briefing considers the implications for the oil market and refining industry of a global concerted effort to reduce emissions and limit a temperature rise by 2050 to 2 °C.

Wind turbine order capacity hit a record high in Q2 2019

• 04 September 2019

Global wind turbine order intake increased 111% YoY, overtaking the previous record set in Q4 2018 by 13.2GW, according to new research from Wood Mackenzie.

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.

UAE’s exit rattles OPEC’s grip on the oil market

• 29 April 2026

The UAE’s shock departure from OPEC marks the bloc’s biggest split since 1960, raising fresh questions over supply discipline and oil prices

Chevron Phillips Chemical in $15 billion bid to acquire Nova Chemicals

• 21 June 2019

Chevron Phillips (CPCHEM), a JV between Chevron and Phillips 66, has made a US$15 billion bid to acquire Nova Chemicals, owned by UAE-based Mubadala.

US grid-scale energy storage market beats Q2 record

• 14 September 2022

The U.S. energy storage market set a new record in the second quarter of 2022, with grid-scale installations totalling 2,608 megawatt hours (MWh) – the highest installed capacity for any Q2 on record, according to a new report released today.

What are the implications of the attacks on Saudi oil facilities?

• 30 September 2019

In this episode of the Middle East and North Africa In Brief podcast, Ian Thom, Stewart Williams, Tor Soltvedt and Norman Valentine discuss the attack on Saudi Arabia's oil facilities in September.

Horizons Live: Waste to wealth

• 31 July 2024

The circular economy is a critical strategy for delivering a lower-emission, more sustainable economy. This month's Horizons Live examines how different industries can work towards unlocking circular value chains and initiate change.

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Wood Mackenzie launches Lens Power & Renewables

• 04 March 2025

Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

Major energy players raise the game in green investments in Asia

• 15 June 2022

BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.

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.

North American Power & Renewables Forum 2027

• 28 April 2027

The new North American Power & Renewables Forum takes place from April 28-29 2027. Discover the forces shaping the power market in North America with expert industry insight on mounting cost pressures, interconnection and permitting reform, innovation in clean-firm power, and load growth opportunities.

Why oil is pushing towards US$100/bbl…

• 18 February 2022

What's driven the rally, what is the outlook for supply and demand fundamentals in 2022, and how will geopolitics, including the Russia/Ukraine crisis, play out?

Crisis in Ukraine: the global risks to commodities

• 25 February 2022

The invasion of Ukraine has had an immediate effect on the global economy and markets. What are the lasting implications for commodities?

AI is reshaping the power investment landscape

• 01 October 2026

AI-driven data centre growth is accelerating investment across generation, storage and grids, but rising demand is widening the risks and opportunities for investors

Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

• 15 December 2020

According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.

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.

Saudi attack, geopolitics and oil markets

• 20 September 2019

The attack on Saudi Arabia’s oil infrastructure took out over 5% of global oil supply and temporarily pushed up prices by 20%. What does the attack say about the security of oil’s supply chain?

Trump's art of the OPEC deal

• 13 April 2020

In this episode of our Asia-Pacific energy podcast, we discuss this weekend's OPEC agreement.