Electric vehicles and battery supply chain: bumpy road ahead in 2023?

• 18 January 2023

Will EV sales accelerate in 2023? Can the supply chain keep up? And how will the industry navigate decarbonisation targets?

FID bonanza, upstream cost curves, US solar markets: this week's featured insights

• 02 April 2019

What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, upstream cost curves, FID bonanza and US solar markets.

No silos allowed in the pursuit of a greener economy

• 21 October 2020

The move towards a circular economy is one of many initiatives being pursued as society seeks to reduce its environmental impact. Within the refining and chemical industries, there is an increasing focus on how technology and research can be applied to support the re-engineering of many product value chains, thereby reducing the environmental impact of specific products throughout their entire lifecycle.

Exploration’s star is rising

• 07 April 2022

High-impact exploration has kept a low profile over the last decade. Will the need for the global economy to diversify away from Russian oil and gas breathe new life into exploration?

Santos announces Barossa project FID

• 30 March 2021

Santos has sanctioned the Barossa project, which extends the life of Darwin LNG (DLNG) beyond 2040.

Three forces weakening US dollar’s grip on commodity pricing

• 04 November 2019

In the commodity world, the US dollar is king. The currency dominates pricing and payments of energy and metals. In this new piece of research Principal Economist Perter Martin asks whether dollar dominance is set to end.

Plastic circularity: how much will recycled plastics displace oil-based feedstock?

• 05 June 2023

Chemical recycling is one route to a more circular plastics economy, with increasing interest in leveraging pyrolysis technology to produce feedstocks.

What’s behind the metallurgical coal price plunge – and what lies ahead?

• 15 October 2019

As spot prices fall to multi-year lows we look at four key drivers, from port restrictions to the US-China trade dispute.

Global upstream update: a review of key industry themes

• 29 June 2023

The upstream oil and gas industry continues the push to decarbonise production but faces increasing regulatory uncertainty

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Energy Pulse: in brief (29 September)

• 29 September 2023

The Biden administration plans the "fewest offshore oil and gas lease sales in history", and the rest of the week’s key energy news.

Global upstream update: diverging development strategies in Latin America, investment at risk in Africa, and Kazakhstan supply tensions explained

• 17 June 2025

Our Global Upstream Update presents timely analysis of key industry topics from our regional experts situated around the world.

Can the energy industry rise to the challenge of climate change?

• 02 August 2019

Our energy transition experts take on some of the trickiest questions about how to meet the world’s future energy needs while managing climate change.

Global upstream M&A picks up the pace

• 01 September 2021

In the first half of 2021 upstream M&A deal activity recovered to 2019 levels and more than doubled in comparison to the low point in the first half of 2020.

Aramco's $10bn bond underscores its vast global ambitions

• 01 April 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

China leads global wind turbine manufacturers’ market share in 2023

• 01 May 2024

China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.

Six factors shaping the lithium market

• 31 May 2023

Understanding lithium market nuances is vital to forecasting future demand, supply and pricing

New CEO Looney rings changes at BP with ambitious climate plan

• 12 February 2020

Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor and Repsol in making a major commitment to reduce its net carbon footprint. “This marks a major turnaround in BP’s position. Just 12 months ago former CEO Bob Dudley said the company could not be held accountable for how people use its products. Looney is taking the company in a very different direction.” Parker added: “It’s an ambition, rather than a target, but the commitment appears to be unconditional. In terms of scale of commitment, this puts BP towards the top of the pack, along with Repsol and Equinor. “This will see BP’s business completely transformed over the coming decades: renewables and carbon abatement will get very big, legacy oil and gas will eventually get smaller. But the transition to 2050 is a multi-decade transition - not something that will happen in the next year or so.”

Australia’s North West Shelf set for change

• 24 June 2020

Chevron’s announcement to offer its 16.7% stake in the North West Shelf (NWS) LNG project for sale has surprised some.

Australasia - Five themes to look out for in 2019

• 19 December 2018

As 2018 draws to a close, Wood Mackenzie's experts discusses five key themes to look out for in Australasia's oil and gas industry in 2019.

Japan to invest additional $10 billion in global LNG infrastructure projects

• 26 September 2019

Japan is planning to invest an additional $10 billion to develop infrastructure mainly in new and developing markets in the India sub continent and Southeast Asia, reflecting a shift in priorities.

What investors want to know about energy and natural resources

• 17 June 2020

The impact of Covid-19 on energy demand remains top of mind, but investors’ questions reveal a return to calm if not a return to “normal”

Refinery-chemicals integration: how to benchmark success

• 17 September 2020

The growing trend of integrated refinery-chemical facilities is intensifying. Standalone oil refineries, focused only on fuel, are looking increasingly outdated as the energy transition takes hold.

CO2 utilisation potential as key global decarbonization tool limited by current economics

• 26 August 2024

Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonisation, but current economics limit CO2 utilisation deployment as high costs and insufficient subsidies hinder the market, according to a recent report from Wood Mackenzie.

Aluminium Product Suite

Unparalleled analysis of aluminium value chain from mining, refining, and smelting to market

Advanced reactors promise a new era for nuclear power

• 09 June 2023

The complexities of construction and operation mean that hopes of low-cost nuclear power have often been disappointed. The industry now has a chance to break that cycle

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

• 09 June 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

Soaring solar raw materials prices could thwart REPowerEU plans

• 30 May 2022

The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could become the stumbling block to achieving this goal, says Wood Mackenzie.

Ammonia co-firing in thermal power plants could be worth US$100 billion in 2050

• 18 May 2022

While hydrogen can be used in many sectors, its derivative, ammonia, has emerged as a key tool to provide flexible power generation and integrate variable renewables. Analysis by Wood Mackenzie shows that a 10% ammonia co-firing in global coal plants would translate to 200 million tonnes (Mt) of ammonia demand, a potential market of US$100 billion by 2050.

Steel industry emissions to decline 30% by 2050

• 17 May 2022

Steel industry’s carbon emissions is expected to fall 30% by 2050 compared to 2021 levels, according to a new report by Wood Mackenzie.