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Offshore wind sector doubled down on tangible opportunities in 2023

31 January 2024

Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

News Release

North Sea decommissioning faces challenges on several fronts, says Wood Mackenzie

16 December 2024

The likelihood of a “dash to decom” in the North Sea remains limited due to a number of speed bumps that are slowing the widespread shut down of offshore assets, Wood Mackenzie reports.

News Release

Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

06 December 2024

Addressing the announcement of Equinor and Shell combining UK offshore oil and gas assets in a newly incorporated joint venture, Gail Anderson, research director at Wood Mackenzie said, “This new venture will create the biggest producer on the UKCS and demonstrates the long-term attractiveness of the region.”

News Release

An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

23 October 2024

Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.

News Release

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

News Release

Record highs for global wind turbine order intake in 2023

18 March 2024

Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

News Release

Government tenders to drive 102 GW of global renewable capacity in 2024

07 March 2024

More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

Featured

When will Tesla make a profit?

22 January 2020

When will Tesla make a profit? Will Tesla make a small car? Who makes Tesla batteries? Wood Mackenzie answers your frequently asked questions about US car manufacturer Tesla.

Featured

Why Covid-19 is the ultimate energy transition stress test for refiners

20 July 2020

Covid-19 is a threat to global refiners. Who will thrive? Who will merely survive? And what does this tell us about refiners’ resilience and readiness to take on the energy transition?

Featured

How the worst oil price crash in history changed the upstream industry

24 June 2020

The oil price crash has wiped US$1.6 trillion off our valuation of the global upstream industry. This captures the impact of our downgraded long-term Brent price assumption – now US$50/bbl (2020 terms), previously US$60/bbl – and much more. Which regions and players have been hit hardest? What measures have been taken to survive?

Featured

How will global gas and LNG markets respond to oversupply in 2020?

10 February 2020

What will 2020 look like? And what could happen that will shape the market longer term?

Editorial

A timeline of major events in Ukraine-Russia gas relations

20 December 2019

The gas transit and supply contracts between Russia and Ukraine expire at 10 am on 1 January 2020 (Moscow time) – the future of Ukraine transit remains the largest uncertainty for global gas markets in 2020. We reflect on major events in Ukraine-Russia gas relations in this timeline, 2000 to 2019.

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Search results: 593

Offshore wind sector doubled down on tangible opportunities in 2023

North Sea decommissioning faces challenges on several fronts, says Wood Mackenzie

Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

Record highs for global wind turbine order intake in 2023

Government tenders to drive 102 GW of global renewable capacity in 2024

When will Tesla make a profit?

Why Covid-19 is the ultimate energy transition stress test for refiners

How the worst oil price crash in history changed the upstream industry

How will global gas and LNG markets respond to oversupply in 2020?

A timeline of major events in Ukraine-Russia gas relations

Why North-west Europe needs more regasification capacity

Can biomethane decarbonise Europe’s gas market?

What technology is winning the global energy storage race?

Electric vehicles: is workplace charging good for business?

Chasing the sun: Spain’s solar PV boom

Do European utilities still have an appetite for LNG?

How will Russia respond to Europe's changing gas market?

How to create value through oil and gas acquisitions in the North Sea

Exploration under the microscope in 2022

Would a hard Brexit mean hard times for the UK offshore wind industry?

Has DuPont left the building?

European oil storage: Competitiveness is key to identifying sustainable investments

Evolving opportunities and challenges in the PET industry

Can the North Sea oil and gas industry survive the downturn?

European gas markets feel the pressure – but there are signs of recovery

Covid-19 reveals critical flaw in European power systems – lack of flexibility

Natural gas: friend or foe in Europe’s 2030 emissions target?

What forces will shape global gas markets over the next two decades?

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