Emissions Benchmarking Tool

The Emissions Benchmarking Tool provides transparency at the asset and corporate level for Upstream, Downstream and Metals & Mining.

Route to Net Zero

• 16 August 2023

It’s a watershed moment for the North Sea. Join our upcoming webinar as we cover upstream, ccus and hydrogen in the North Sea

Webinar | Copper Rush: Diversify or go pure play?

• 17 September 2024

Join our experts on 17th September 2024. for a webinar exploring how valuations, carbon footprints, and balance sheet health will shape the M&A strategies and overall corporate plans of both diversified miners and pure-play copper companies.

Decarbonising the upstream industry

• 14 July 2021

In the face of the energy transition, upstream companies are under severe pressure to decarbonise. A situation that is only likely to intensify. Companies need to take note, set out their strategy and act so as to future-proof their business and keep hold of their social licence to operate.

Chance of a lifetime: can India show the developing world a unique path to net zero?

• 18 January 2024

India’s global profile is soaring. It already boasts the world’s largest population and is forecast to be the fastest-growing major economy over the coming decades. By 2050, it will be the world’s third-largest economy, up from sixth today.

COP27: on the horns of the energy trilemma

• 03 November 2022

COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.

Global PV inverter shipments grew by 10% in 2024 to 589 GWac

• 10 July 2025

Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted for nearly all global growth, while the US and Europe declined.

Horizons podcast: Avoiding pand-ammonia

• 02 December 2022

Industrial ammonia is a key part of modern life. As we race to decarbonise, the energy-intensive means of ammonia production need to be addressed. Low-carbon ammonia has a place in the energy transition, but the industry will be reluctant to commit without guaranteed demand.

Asia’s NOCs can now move through the decarbonisation gears

• 30 March 2022

As the pressure to cut emissions intensifies, no company can remain above the fray. But while the Majors and other international oil companies face increasing calls to decarbonise, many of the world’s largest national oil companies (NOCs) have so far avoided the same level of scrutiny.

China’s carbon neutrality bill could hit over US$5 trillion

• 08 October 2020

Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

International NOCs’ growing presence in Sub-Saharan Africa

• 23 July 2024

Asian and Middle Eastern national oil companies have doubled down on their investment and resource base in Sub-Saharan Africa. What are their drivers?

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

• 11 June 2024

Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

Upstream oil & gas: region-by-region predictions for 2025

• 08 January 2025

Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns. Near-term price weakness may belie longer-term market strength, setting 2025 up to be a year of mixed messages.

Market implications of Chinese tariffs on US LNG

• 03 August 2018

Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.

Carbon management frequently asked questions part 2: offsets

• 12 March 2024

Next up in this series, we tackle some of the most frequently asked questions surrounding carbon offsets

Three lessons for decarbonising power markets

• 07 September 2023

Investment in the grid and storage must match renewables growth

OPEC+ agrees to increase output after tense negotiations

• 07 December 2020

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.

Global Gas Model

The Global Gas Model runs global gas market simulations under various supply, demand, piped, storage, contract sales and producer behaviour assumptions.

The blockade on Libya’s oil exports

• 24 January 2020

Libya’s crude production has slumped, oil CEOs have been debating emissions cuts, and surging LNG supplies has driven down world gas prices. This and more from Ed Crooks.

Horizons Live: Scraping the barrel

• 07 March 2023

On this Horizons Live replay, Simon Flowers, Chairman and Chief Analyst, is joined by Andrew Latham, Vice President, Energy Research and Ann-Louise Hittle, Head of Macro Oils to discuss whether the world is running out of high-quality oil and gas.

Demystifying the evolving gas industry

• 19 April 2023

Shell Energy discusses that while the goal is to move towards a more sustainable energy mix, gas will continue to play an important role in our energy transition.

Action to achieve Paris climate goals will upend oil and gas prices

• 15 April 2021

If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

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.”

The oil market shrugs off the attacks in the Gulf

• 10 January 2020

Oil prices recovered their equilibrium after the US killing of Qassem Soleimani, but tensions in the Gulf region have remained high

Perfect storm sees May WTI settle in negative territory

• 21 April 2020

May WTI futures settled at -$37.63 on April 20. Get the latest analysis from Ann-Louise Hittle, vice president, Macro Oils.

Horizons Live: Securing copper supply

• 29 August 2024

In the recent Horizons Live session, our panel discussed what it would take to diversify copper supply from China – and why de-risking supply chains may be more about compromise than a complete decoupling.  

Implications of OPEC+ meeting for H2 2023

• 07 June 2023

The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.

Nord Stream 2 nears the finish line

• 24 June 2021

The gas pipeline from Russia to Germany has been acknowledged as a “fait accompli” by the US. The European market will still need more LNG

End of an era looms as Chevron seeks UK exit

• 23 May 2024

Clair is the big attraction for would-be buyers

President Biden aims for higher employment and lower emissions

• 01 April 2021

Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.