• Comment

  BP sells Alaska business to Hilcorp in US$5.6bn deal

  • 27 agosto 2019

  Speaking after BP announced the sale of its Alaska business to Hilcorp in a US$5.6 billion deal, Wood Mackenzie analyst Rowena Gunn said: “The Majors are making progress with their divestment campaigns. This will mean long-held assets and territories will be let go. BP made such a deal today with its sale of all US Alaska assets to privately-owned Hilcorp."

• Webinar

  Webinar: Update on Mexico Power Markets

  • 12 septiembre 2019

  Join us for our 'Update on Mexico Power Markets' webinar when we will discuss the rapid changes facing Mexico's gas, power, and renewables markets.

• News Release

  Has M&A created value in the North Sea?

  • 04 septiembre 2019

  Since the turn of the decade, it’s been a frenetic period for M&A in the North Sea. Against a backdrop of oil price volatility and a dramatically changing corporate landscape, activity reached record levels. But have acquisitions created value so far? Wood Mackenzie recently analysed 55 of the largest North Sea deals announced between 2012 and 2018 from today’s vantage point to quantify underlying value creation.

• News Release

  Wind turbine order capacity hit a record high in Q2 2019

  • 04 septiembre 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.

• News Release

  US PET and aromatics markets face major restructuring if plastics recycling goals met by 2030

  • 10 septiembre 2019

  Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a recent analysis from Wood Mackenzie.

• News Release

  Strategic vendors and European utilities dominate EV charging M&A activity

  • 05 septiembre 2019

  Strategic vendors - companies that offer products or services in the EV market - and European utilities were responsible for over 80% of electric vehicle (EV) charging M&A activity from 2010 through H1 2019, according to new research from Wood Mackenzie.

• Opinion

  Can China’s CTO and MTO industries survive the threat of massive steam cracker investment?

  • 06 septiembre 2019

  In 2019, the total ethylene capacity from CTO/MTO units reached 5.21 million tonnes per annum (Mtpa), accounting for 21% of China’s total ethylene capacity. However, CTO and MTO development has slowed due to high methanol prices and environmental controls, as well as the threat from a new wave of steam cracker investment in China.

• News Release

  US residential energy storage surges

  • 10 septiembre 2019

  A record 35 megawatts of residential storage was deployed in Q2 as a result of rising customer interest and support incentives in more state markets

• Webinar

  Webinar | Strategic Banking Webinar Series - Part 1

  • 26 septiembre 2019

  Join our upcoming webinar, held exclusively for our investment banking customers, to learn more about how geology impacts well performance. Your dedicated client solutions team will demonstrate how our integrated analysis of subsurface and production data improves decision making.

• News Release

  Coal is still king in Southeast Asia’s power market

  • 25 septiembre 2019

  According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before slowing down and accounting for 36% of the region’s generation mix in 2040.

• Comment

  Record low price for offshore wind in CfD round 3 auction

  • 20 septiembre 2019

  The Department for Business, Energy and Industrial Strategy (BEIS) this morning revealed the results of the UK government’s third Contracts for Difference (CfD) auction round.

• Webinar

  Webinar | Brazil 2019 licensing bonanza: offering up pre-salt blocks

  • 13 noviembre 2019

  This particular webinar topic covered the highly awaited exploration bid rounds over the pre-salt blocks on offer in Brazil. On October 16th, our experts shared their perspectives and discussed the licensing bonanza comprising of three rounds scheduled within a month of each other.

• Comment

  CPIH and Equinor sign cooperation agreement on offshore wind

  • 25 septiembre 2019

  CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe.

• News Release

  What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

  • 07 octubre 2019

  Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.

• Comment

  Santos to acquire ConocoPhillips northern Australian assets

  • 14 octubre 2019

  Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

• Comment

  Total expands partnership with Adani on India's gas market

  • 14 octubre 2019

  Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

• News Release

  Wood Mackenzie’s new data technology transforms upstream valuations

  • 09 octubre 2019

  Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.

• Comment

  Acciona in Nordex takeover bid

  • 08 octubre 2019

  Acciona will launch a 100% takeover of German manufacturer Nordex after increasing its majority share in the turbine maker to 36.27%.

• Comment

  Red-letter day for Norway as Johan Sverdrup comes on stream

  • 08 octubre 2019

  First oil from Johan Sverdrup – Norway’s sixth-largest discovery, with reserves of around 2.7 billion barrels – is a red-letter day for the partners and the Norwegian state. The decision to sanction the development was the country's largest final investment decision in more than 30 years.

• News Release

  Unplanned solar plant repairs to cost industry $16 billion over next 6 years

  • 08 octubre 2019

  Annual solar plant operations and maintenance (O&M) costs will grow from nearly $4.5 billion in 2019 to just over $9 billion in 2024. This increase is due to future demand growth and current installed capacity. Unplanned repairs alone can cost owners up to $3,000/MW/year, based on an average-sized solar power system of 50MW, according to new research from Wood Mackenzie.

• Comment

  Trump raises Turkey's steel import tariff to 50%

  • 15 octubre 2019

  US President Donald Trump has announced an increase in Section 232 tariffs on Turkish steel from 25% to 50%

• Webinar

  Webinar | The Transformation of North America Power & Renewables Markets

  • 05 diciembre 2019

  The future course of North America Power & Renewable markets is being molded by an ongoing transformation of the energy industry. The sector now serves as the central conduit to decarbonize the energy sector via electrification of fossil-based technology sources like transport and large scale renewable use for power generation. Register to join Wood Mackenzie’s power analysts on Thursday, December 5 at 10 a.m. CT for a discussion on key themes shaping the industry in the near and long-term, including: • Transitioning from fossil fuels to renewable energy • The declining costs of renewable energy and battery storage technologies • The energy transition between coal and natural gas • Is the shift away from traditional baseload supply straining the existing generation fleet? • As coal retires in PJM, why aren’t renewables filling the vacuum?

• News Release

  Balance-of-systems costs for US non-residential storage to drop

  • 24 octubre 2019

  Non-residential storage system costs will fall by 27% in the US over the next five years, according to new research from natural resources consultancy Wood Mackenzie.

• News Release

  Vietnam becomes Southeast Asia’s hottest solar PV market

  • 01 noviembre 2019

  Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region.

• News Release

  Renewable electricity to deliver on Europe’s 2030 climate-energy goals

  • 07 noviembre 2019

  If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53% of power supply in 2030. Europe is on track to hit this target, although the performance of individual countries will vary, according to analysis from Wood Mackenzie.

• News Release

  Europe and North America will have over 1 million workplace EV chargers by 2025

  • 06 noviembre 2019

  The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025, according to new research from Wood Mackenzie.

• Comment

  Brazil’s PSC Round 6 disappoints as Petrobras lodges sole bid

  • 07 noviembre 2019

  Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. One day after it dominated the Transfer of Rights Surplus round, the NOC placed the only bid of today’s auction."

• News Release

  JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

  • 21 noviembre 2019

  Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.

• News Release

  Europe to spearhead renewable energy cost reductions for offshore wind through 2028

  • 18 noviembre 2019

  Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of $133/MWh in 2019 to $51/MWh in 2028, according to new research by Wood Mackenzie.

• News Release

  Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040

  • 12 noviembre 2019

  Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.