• 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

  Lower 48 well costs expected to decline 10% in 2024

  • 29 7月 2024

  After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.

• 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

  South America to see onshore wind capacity double in the next 10 years

  • 09 7月 2024

  South America’s cumulative onshore wind capacity will double to 79 GW in the next 10 years as developers install 40 GW of new capacity by 2033.

• News Release

  Increased private investment needed in Mexico to meet expanding demand for energy

  • 23 5月 2024

  With a presidential election looming, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, a high dependence on gasoline imports, a constrained power supply and public pressure to transition to renewable energy. All this is occurring as domestic demand continues to grow through the decade, according to a report from Wood Mackenzie.

• News Release

  EQT acquisition of Equitrans increases natural gas company’s dominant footprint in the Northeast, says Wood Mackenzie

  • 13 3月 2024

  Addressing EQT Corporation’s (EQT) acquisition of Equitrans Midstream Corporation (ETRN), which it previously owned and spun off in 2018, Eunji Oh, senior research analyst for Wood Mackenzie said, “The Northeast region has increasingly faced difficulties building new infrastructure projects and this transaction would give EQT ownership of midstream assets that should increase in value over time if the basin remains constrained.”

• 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

  PETRONAS discovery in Suriname approaches 400 million barrels

  • 17 5月 2024

  Addressing the recent deepwater discovery by PETRONAS in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea's recoverable resources are approaching 400 million barrels. This could be enough to support an FPSO with an oil processing capacity of up to 100,000 b/d FPSO development.”

• 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

  Approved Enauta and 3R Petroleum merger creates operation that could surpass 100,000 boe/d production

  • 21 5月 2024

  Addressing the approved merger of 3R Petroleum and Enauta, Amanda Bandeira, Upstream Research Analyst, said “The combination of businesses between Enauta and 3R Petroleum creates a new operation that could surpass the 100,000 boe/d production mark, competing head-to-head against Prio, currently the larger Brazilian independent operator in the country.

• 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.

• News Release

  Decisive action needed to achieve net zero by 2050, as world is currently on path for 2.5 ˚C to 3 ˚C global warming

  • 29 10月 2024

  A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future.

• News Release

  High-impact oil and gas exploration could cut global scope 1 and 2 emissions by 6% in 2030

  • 21 11月 2024

  Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to play in decarbonisation efforts and providing advantaged barrels in the energy transition, according to the latest Horizons report from Wood Mackenzie.

• News Release

  Record-breaking 1.7 GW of US community solar installed in 2024

  • 19 2月 2025

  The US community solar market installed a record-breaking 1.7 GWdc of capacity in 2024, a 35% increase from 2023, according to a new report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). However, with policy uncertainty at both national and state levels, long-term growth hangs in the balance.

• News Release

  Electric vehicle adoption to slow in US with recent Executive Orders

  • 29 1月 2025

  Recent executive orders in the United States could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to the report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US and globally. The wide-ranging changes will affect everything from subsidies for consumers to funding for EV charging stations, as well as trade tariffs on imported raw materials.

• News Release

  US utilities to face significant challenge as power demand surges for the first time in decades

  • 17 10月 2024

  US power demand has remained essentially flat for the past decade, but this is all about to change as a pending surge in demand growth will be the biggest challenge for utility companies in decades, according to the latest Horizons report from Wood Mackenzie.

• News Release

  A delayed energy transition could make or break the upstream sector

  • 16 1月 2025

  As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil & gas supply. But meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices and significant shifts in corporate strategy, according to the latest Horizons report from Wood Mackenzie.

• News Release

  CCUS growth challenged by current economics

  • 10 10月 2024

  Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilisation and storage (CCUS), economics remain challenging, and many potential projects are at risk.

• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 06 1月 2025

  Wood Mackenzie, Inc., the leading global data and analytics business empowering the energy transition, has appointed Garet Guthrie as Chief Financial Officer (CFO), effective January 6, 2025. Mr. Guthrie succeeds Simon Crowe, who is stepping down to pursue other opportunities. Mr. Crowe will work with Mr. Guthrie to transition over responsibilities over the next few weeks

• News Release

  Australia risks losing edge in global hydrogen race as projects stall, warns Wood Mackenzie

  • 29 5月 2025

  Despite its early leadership ambitions, Australia is falling behind in the global hydrogen economy, with 80% of its low-carbon hydrogen projects still in early development and multiple high-profile cancellations, according to new analysis from Wood Mackenzie. Released at the Australia Energy Producers Conference, the report, ‘How can Australia compete in the global hydrogen market (before it’s too late)?’ highlights that while the country boasts world-class renewable energy potential and abundant land, it is struggling to convert those advantages into competitive hydrogen production.

• News Release

  US adds 8.6 GW of new solar module manufacturing capacity, one of the strongest quarters of growth in its history

  • 09 6月 2025

  House-passed federal tax legislation threatens to undercut the solar industry, which is the primary source of new US electricity generation and is delivering a historic boom in domestic manufacturing.

• News Release

  Latin America embraces unconventional oil and gas exploration

  • 09 6月 2025

  According to Wood Mackenzie’s latest Global Unconventional Roundup, Mexico and Argentina have significant potential for increased oil and gas production through unconventional resource development.   “As conventional reserves decline globally, we're seeing a resurgence of interest in unconvention...

• News Release

  Top ten solar PV module manufacturers show resilience in H1 2024 despite facing significant headwinds, Wood Mackenzie says

  • 23 1月 2025

  solar ranking

• News Release

  Record year for Chinese overseas power projects: 24 GW installed in Belt & Road countries

  • 27 1月 2025

  Chinese companies have made a significant milestone in their overseas power development, installing a record 24 gigawatts (GW) of capacity in Belt & Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number marks a doubling of the capacity installed in 2023 a...