• News Release

  Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth

  • 14 5月 2025

  A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables.

• News Release

  LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

  • 12 8月 2024

  Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.

• News Release

  Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

  • 08 8月 2024

  Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.

• News Release

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

  • 06 8月 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.

• News Release

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

  • 26 8月 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.

• News Release

  LNG markets move from oversupply as rebalancing gets under way

  • 07 6月 2018

  Wood Mackenzie's short-term global gas and LNG outlook (Q2 2018) sees the market rebalancing as it moves from oversupply, although the global natural resources consultancy believes prices will remain relatively sustained into 2019.

• News Release

  China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

  • 21 8月 2018

  Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

• News Release

  Permian producers hedge their bets against pipeline delays

  • 11 9月 2018

  Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

• News Release

  Can upstream cost savings stick?

  • 15 12月 2017

  The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

• News Release

  Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

  • 14 12月 2017

  2018 looks set to be a brighter year for upstream oil and gas companies

• News Release

  When will the market face peak demand?

  • 18 10月 2017

  The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

• News Release

  OPEC stays the course with production deal

  • 01 12月 2017

  OPEC and non-OPEC producers agree to extend production curbs through 2018

• News Release

  Upstream players need to boost spending to meet future demand

  • 24 10月 2018

  Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

• News Release

  Exploration’s back in the black

  • 04 2月 2019

  After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

• News Release

  Is the end of the global energy transition closer than we think?

  • 17 10月 2018

  Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

• News Release

  Is deepwater ready for cost inflation?

  • 27 11月 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• News Release

  Solar and wind uptake to reach 5.4 TWac from 2024 to 2033

  • 08 7月 2024

  From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets.

• News Release

  Renewables and nascent low-carbon technologies most exposed to high interest rates

  • 18 4月 2024

  If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

• News Release

  Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

  • 26 7月 2024

  Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.

• News Release

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

  • 17 7月 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.

• News Release

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

  • 11 6月 2024

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

• News Release

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

  • 26 6月 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.

• News Release

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

  • 12 6月 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.”

• News Release

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

  • 25 7月 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.

• News Release

  China leads global wind turbine manufacturers’ market share in 2023

  • 01 5月 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.

• News Release

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

  • 07 3月 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.

• News Release

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

  • 29 5月 2024

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

• News Release

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

  • 06 3月 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.

• News Release

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

  • 04 6月 2024

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

• News Release

  Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

  • 07 5月 2024

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