Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

• 25 July 2024

Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

National Oil Company international M&A spend hits 20-year low

• 17 July 2024

While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.

Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie

• 26 June 2024

By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.

Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

• 12 June 2024

Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”

Wood Mackenzie appoints Xizhou Zhou as new head of Power and Renewables Business

• 04 June 2024

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.

Eni named most-admired upstream explorer in Wood Mackenzie’s16th annual Exploration Survey

• 29 May 2024

Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.

Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

• 07 May 2024

Wood Mackenzie today announced that Jason Liu has been appointed Chief Executive Officer.

Global nuclear SMR project pipeline expands to 22 GW, increasing more than 65% since 2021

• 07 March 2024

The small nuclear reactor (SMR) project pipeline reached 22 GW in the first quarter of 2024, an expansion of 65% since 2021, according to a recent report by Wood Mackenzie. The current total project pipeline would require an investment of close to US$176 billion.

Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions

• 06 March 2024

Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie.

Incentives uncertainty clouds Pathways Alliance economic feasibility

• 14 February 2024

As the $12 billion phase one of Canada’s Pathways Alliance nears FID, the world’s largest carbon capture and storage (CCUS) proposal faces uncertainty surrounding the long-term availability of economic incentives, according to a new report from Wood Mackenzie.

Decarbonisation efforts in the steel industry could hinder circularity of Zinc, warns new study

• 21 March 2024

Decarbonisation efforts in the steel industry could hinder circularity of Zinc, warns new study

US energy dominance faces long-term challenges

• 17 April 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025

• 23 July 2025

Now in its third year, Wood Mackenzie's Carbon Capture, Utilization and Storage Conference 2025 will bring together expert analysts and industry leaders in Houston, October 8-9.

Daenerys discovery a game-changer for Talos in GoA

• 25 August 2025

Addressing Talos Energy’s announced discovery at the Daenerys prospect in the Walker Ridge protraction area of the deepwater Gulf of America/Mexico (GoA), said Miles Sasser, senior research analyst, upstream for Wood Mackenzie said, “For Talos, the discovery is a game-changer. The company's GoA portfolio was ageing, but Daenerys could add more than 50 millions of barrels of oil equivalent (mmboe) net proved reserves. That would increase its YE2024 proved reserves of 194 mmboe more than 25%.

Solar and storage costs are set to increase 9% in Q4 2025 as Chinese policy shifts end an era of low equipment prices

• 02 October 2025

Solar and storage developers face a sharp increase in equipment procurement costs from Q4 2025 onwards due to Chinese government policy changes and supply-side production cuts, which are bringing an end to the era of low prices that have characterized the market for the past 18 months, according to a new report from Wood Mackenzie.

Ras Laffan attacks fundamentally reshape global LNG outlook as recovery timeline likely significantly extended

• 19 March 2026

Missile attacks on Qatar’s Ras Laffan Industrial City have caused extensive damage including fires. This fundamentally alters the global gas market outlook, according to Wood Mackenzie. Initial expectations of a two-month disruption are now likely to be exceeded.

Middle East oil and gas recovery faces months-long process despite ceasefire

• 08 April 2026

The 11 million b/d of upstream production currently shut-in across the Middle East can only be restored when export logistics normalise.

The future for green hydrogen

• 25 October 2019

A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.

Natural Gas

• 16 November 2020

Stay ahead of natural gas markets with our industry leading analysis based on the highest quality public and proprietary data sources.

Inside the numbers: How LCOE is reshaping global power economics

• 12 November 2025

Analysing levelised cost of electricity (LCOE) developments in 2025 and beyond

Horizons Live: Pedal to the metal

• 04 October 2022

Watch on demand as our panel answers questions on the challenges facing the steel industry from the growing supply demand to the collective global goal of achieving net zero by 2050.  

The latest developments in global upstream

• 27 August 2025

From the Majors to OPEC+ … and the key topics in between.

Global gas industry in the 2050 net zero world

• 30 January 2024

Gas has a key role to play in the energy transition, but only if it can decarbonise

Global PV inverter shipments grew by 56% in 2023 to 536 GWac

• 06 August 2024

Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

The complexity of capital allocation for oil and gas companies

• 10 October 2024

The slower pace of the energy transition is influencing Big Oil’s capital allocation. What share of cash flow is the industry re-investing? How much will upstream spend rise in 2025? Why have NOCs become the biggest spenders on low carbon?

Four key takeaways from LME 2024

• 15 October 2024

We spotlight some key themes from conversations at our recent event that will shape the future of metals and mining

Zinc Product Suite

Leading zinc market research and analysis gives you insight into the entire zinc value chain today and how it will evolve

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?

Asset Connect

Visualise the infrastructure and its interconnectivity across the North American crude oil supply chain.

Macroeconomics

Understand the interplay between commodities and the economy with macroeconomics analysis to help forecast the pace of global economic development to 2035.