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Brazil’s industrial gas migration reaches 13.3 Mcmd as market liberalisation accelerates

08 December 2025

Brazil's free gas market has reached a milestone with 13.3 million cubic meters per day (Mcmd) migrating from traditional distribution channels through September 2025, driven by market liberalisation that is fundamentally reshaping the country's energy landscape, according to a recent report by W...

News Release

U.S. Adds 11.7 GW of New Solar Capacity in Q3, Third Largest Quarter on Record

09 December 2025

The U.S. solar industry installed 11.7 gigawatts (GW) of new capacity in Q3 2025, marking the industry’s third-largest quarter on record and pushing total installations this year past 30 GW.

News Release

European battery storage deployment expected to grow 45% year-over-year to 16GW in 2025 as German market faces 500 GW connection requests, grid bottlenecks and looming revenue canniblisation

11 December 2025

Europe's battery energy storage system (BESS) market has matured into an increasingly attractive investment destination. Considerable volumes are now being deployed across the continent, totalling 11 GW as of 2024 expected to grow 45% year-over-year to 16GW in 2025, according to new analysis from Wood Mackenzie.

News Release

Big Beautiful Gulf 1 lease sale shows "targeted" approach in new leasing era

11 December 2025

The US Bureau of Ocean Energy Management (BOEM) concluded the Big Beautiful Gulf 1 (BBG1) on December 10, 2025. The sale attracted just over $300 million in bids, with the number of bids down 37.8% compared to the most recent lease sale 261.

News Release

JA Solar and Trinasolar jointly claim top spot in global solar module manufacturing ranking amid $2.2 billion industry slump

19 December 2025

JA Solar and Trinasolar have jointly claimed the top rank in Wood Mackenzie’s Global Solar Module Manufacturer Ranking for the first half of 2025, with scores of 91.7 and 91.6, respectively. This ranking evaluates 38 manufacturers of crystalline silicon modules and highlights a growing operational and financial divide within the industry. Leading companies are focusing on technology, utilisation, and geographic diversification to navigate the ongoing oversupply challenge.

News Release

US expected to install over 7 GW of wind capacity in 2025, 36% more than 2024

18 December 2025

The U.S. is expected to add more than 7 gigawatts (GW) of wind installations in 2025, a 36% increase over the previous year, and the five-year outlook remains unchanged quarter-over-quarter from previous forecast.

News Release

What the Venezuela regime change means for oil production, crude and product markets

06 January 2026

The removal of Nicolás Maduro from Venezuela's presidency and his transfer to US custody creates near-term downside risk for oil prices. Longer-term upstream investment faces significant uncertainty, according to Wood Mackenzie analysis.

News Release

Wood Mackenzie estimates that energy costs across all European industrial sectors could fall by €39 billion by 2032

15 January 2026

A wave of new liquefied natural gas (LNG) supply could reverse a decade of European industrial decline, cutting annual energy costs by €39 billion by 2032 and delivering cumulative savings of €180 billion, equivalent to 1% of EU’s current GDP according to Wood Mackenzie's latest Horizons report.

News Release

Venezuela's oil reform addresses key issues, but investment outlook remains uncertain, says Wood Mackenzie

30 January 2026

In response to Venezuela's National Assembly approval of the Partial Reform Law of the Organic Hydrocarbons Law (Reform Law), Graham Kellas, SVP Global Fiscal Research for Wood Mackenzie, said, "This reform is an important first step, but there is a long way to go before we will see the large-scale private company investment that is desired."

News Release

The cost of capital discipline: Big Oil faces production cliff edge

26 February 2026

Wood Mackenzie analysis reveals 30 of the world's largest oil and gas companies face a combined 22 million barrels of oil equivalent per day (mmboe/d) production shortfall by 2040 to maintain their market share of oil and gas demand. The group collectively produces around 50 million barrels of oil equivalent per day, meeting close to 30% of global demand. But the latest report from Wood Mackenzie expects production from current commercial projects for these 30 companies to fall nearly 40% between 2025 and 2040.

News Release

Wood Mackenzie powers Puerto Rico domestic violence shelter with solar, energy storage

10 March 2026

Wood Mackenzie, a global leader in energy research, data and consultancy, in partnership with nonprofit Let's Share the Sun Foundation, has announced their latest project dedicated to bringing solar power to underserved communities. Together, with other donors, they have funded installation of a solar power and energy storage system at a critical shelter serving women and children fleeing domestic violence in Puerto Rico.

News Release

U.S. adds 43 GW of new solar capacity in 2025, marking fifth straight year as top source of new power

10 March 2026

The U.S. solar industry installed 43 gigawatts (GW) of new capacity in 2025, remaining the dominant source of new capacity added to the grid for the fifth consecutive year. Solar and energy storage represent 79% of new capacity installed in the first year of the Trump Administration.

News Release

Middle East conflict could force up to 6.0 million b/d crude run cuts across Asia, says Wood Mackenzie

11 March 2026

If the Straits of Hormuz remain closed, Asian refineries could be forced to cut crude runs by approximately 6.0 million barrels per day (b/d) in April 2026 compared with pre-conflict forecasts, under a worst-case scenario in which existing emergency stockpiles are not used, according to Wood Mackenzie’s latest analysis.

News Release

Vaca Muerta requires US$22 billion and 1,000 new wells to meet export targets

11 March 2026

Vaca Muerta operators will need to deploy an estimated US$22 billion in additional capital expenditure by 2032 to meet planned export capacity targets. The operators must also drill approximately 1,000 more wells, according to Wood Mackenzie's report “A new chapter for Vaca Muerta.”

News Release

Strait of Hormuz closure threatens South Asia LNG supply

11 March 2026

South Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to be 2–3 million tonnes (Mt) lower through Q3 2026, compared to pre-crisis projections, as countries struggle to replace disrupted Qatari supplies, according to new analysis from Wood Mackenzie that considers a scenario of two months’ supply disruption.

News Release

Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets

12 March 2026

Gas supply disruption from the Middle East conflict will drive sustained volatility in European power markets, with TTF prices above €50/MWh passing through to electricity prices across major markets, according to Wood Mackenzie analysis published today.

News Release

GoA BBG2 lease sale spending down 85% compared to BBG1, but strategic trends continue

12 March 2026

Intense competition emerges for four adjacent Green Canyon blocks with limited exploration history Reduced 12.5% royalty rate under Big Beautiful Gulf programme supports stronger economics ahead of August rebound

News Release

Wood Mackenzie Cross-Sector Analysis Finds EU Industrial Accelerator Act Lacks Binding Force to Achieve 20% Manufacturing GDP Target by 2035

17 March 2026

Wood Mackenzie's cross-sector analysis found the European Union's Industrial Accelerator Act will likely stem the pace of industrial decline but lacks the comprehensiveness and binding force required to achieve its stated goal of increasing manufacturing to 20% of EU GDP by 2035.

News Release

Middle East conflict accelerates nuclear expansion in Japan and South Korea

18 March 2026

Middle East conflict is reinforcing energy security as a central pillar of power planning in Japan and South Korea, with coal generation providing a significant near-term buffer. During the current shoulder season, coal fleets could offset up to 70% of gas-fired generation in Japan and more than 100% in South Korea of the same season last year, according to new analysis from Wood Mackenzie. While both markets remain relatively insulated from immediate fuel supply disruption, the crisis is accelerating structural shifts toward nuclear expansion, slower coal retirements and the localisation of clean energy supply chains.

News Release

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.

News Release

Middle East conflict to have limited near-term impact on Southeast Asia power markets, but raises long-term energy security risks

24 March 2026

Southeast Asia’s power markets are showing resilience to the ongoing Middle East conflict, but the crisis is reinforcing energy security as a central pillar of long-term power planning across the region. While regulated pricing and long-term LNG contracts are expected to shield most markets from severe near-term price shocks, the disruption is likely to accelerate a reassessment of generation strategies, according to the latest analysis from Wood Mackenzie.

News Release

2025 U.S. energy storage installations set new record, surpass 2024 by 52%

24 March 2026

The U.S. energy storage market hit a record 18.9 gigawatts of battery energy storage system installations in 2025, a 52% increase over 2024, according to the latest U.S. Energy Storage Monitor report.

News Release

Wood Mackenzie partners with Special Olympics Asia Pacific to tackle gender gap in sport

31 March 2026

Wood Mackenzie, a global leader in analytics, insights and proprietary data across the energy and natural resources landscape, today hosted an exclusive event in partnership with Special Olympics Asia Pacific (SOAP), titled “Women & Girls Rising Through Sport.”

News Release

Middle East conflict puts up to 3.5 million tonnes of aluminium output at risk

01 April 2026

The ongoing Middle East conflict is triggering a critical supply crisis in the global aluminium market, with disruptions potentially removing 3–3.5 million tonnes (Mt) of output in 2026.

Editorial

IMO 2020 is coming

12 November 2019

How will the upcoming IMO 2020 bunker fuel regulations affect the US distillate supply/demand balance?

Featured

The future for green hydrogen

25 October 2019

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

Case Study

Striking the right balance: unlocking offshore industry potential

07 November 2019

Learn how the government of Ireland encouraged oil and gas exploration through an improved fiscal regime

Editorial

Satellite tracking, remote sensing: how we monitor the LNG market

13 October 2022

Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?

Editorial

4 reasons we’re bullish on Exxon’s Permian growth campaign

07 October 2019

ExxonMobil rocked the Permian with its bold plan to boost production to 1 million boe/d by 2024. Its cube development growth plan is working.

Editorial

Will Mideast tensions raise stakes in Brazil's pre-salt rounds?

30 September 2019

Pre-salt acreage offered in Brazil’s 2019 exploration bid rounds will attract big spenders. Asian NOCs may seek to diversify supply in midst of uncertainty.

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Search results: 5340

Brazil’s industrial gas migration reaches 13.3 Mcmd as market liberalisation accelerates

U.S. Adds 11.7 GW of New Solar Capacity in Q3, Third Largest Quarter on Record

European battery storage deployment expected to grow 45% year-over-year to 16GW in 2025 as German market faces 500 GW connection requests, grid bottlenecks and looming revenue canniblisation

Big Beautiful Gulf 1 lease sale shows "targeted" approach in new leasing era

JA Solar and Trinasolar jointly claim top spot in global solar module manufacturing ranking amid $2.2 billion industry slump

US expected to install over 7 GW of wind capacity in 2025, 36% more than 2024

What the Venezuela regime change means for oil production, crude and product markets

Wood Mackenzie estimates that energy costs across all European industrial sectors could fall by €39 billion by 2032

Venezuela's oil reform addresses key issues, but investment outlook remains uncertain, says Wood Mackenzie

The cost of capital discipline: Big Oil faces production cliff edge

Wood Mackenzie powers Puerto Rico domestic violence shelter with solar, energy storage

U.S. adds 43 GW of new solar capacity in 2025, marking fifth straight year as top source of new power

Middle East conflict could force up to 6.0 million b/d crude run cuts across Asia, says Wood Mackenzie

Vaca Muerta requires US$22 billion and 1,000 new wells to meet export targets

Strait of Hormuz closure threatens South Asia LNG supply

Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets

GoA BBG2 lease sale spending down 85% compared to BBG1, but strategic trends continue

Wood Mackenzie Cross-Sector Analysis Finds EU Industrial Accelerator Act Lacks Binding Force to Achieve 20% Manufacturing GDP Target by 2035

Middle East conflict accelerates nuclear expansion in Japan and South Korea

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

Middle East conflict to have limited near-term impact on Southeast Asia power markets, but raises long-term energy security risks

2025 U.S. energy storage installations set new record, surpass 2024 by 52%

Wood Mackenzie partners with Special Olympics Asia Pacific to tackle gender gap in sport

Middle East conflict puts up to 3.5 million tonnes of aluminium output at risk

IMO 2020 is coming

The future for green hydrogen

Striking the right balance: unlocking offshore industry potential

Satellite tracking, remote sensing: how we monitor the LNG market

4 reasons we’re bullish on Exxon’s Permian growth campaign

Will Mideast tensions raise stakes in Brazil's pre-salt rounds?

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