• Webinar

  Webinar: Private equity in upstream - what's next

  • 31 10月 2019

  Private equity is known for taking under-capitalised assets and exploiting upside. In Upstream, there is no better example than in the North Sea, which outside of North America, has been the hotspot for M&A since the oil price down turn.

• News Release

  Renewables growth may close green hydrogen cost gap by 2030

  • 22 10月 2019

  Green hydrogen production can compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should renewable power prices reach US$30 per megawatt hour (MWh), new research from global natural resources consultancy Wood Mackenzie indicates.

• News Release

  Packaging industry’s sustainability drive good news for BOPP film

  • 23 10月 2019

  The global Biaxially Oriented Polypropylene (BOPP) film market has seen demand grow by just under 5% per annum over the last five years. The main driver of growth has been the demand for flexible packaging, particularly in China and South East Asia, according to Wood Mackenzie’s latest ‘BOPP Film Global Supply Demand Report’.

• Content

  Energy Pulse

  • 05 11月 2019

  How do the interactions of politics, finance and technology impact the world of energy? Every week in Energy Pulse, Ed examines the forces driving the week's biggest stories.

• Comment

  Alpek acquires UK PET facility from Lotte Chemical

  • 30 10月 2019

  ALFA Mexico has announced that its subsidiary, Alpek, has signed an agreement with Lotte Chemical Corporation to acquire its 100% stake in Lotte Chemical UK Limited. The deal includes a PET asset, with an installed capacity of 350 ktpa, in Wilton, England.

• Webinar

  Webinar - Upstream transformation: what's next for ExxonMobil?

  • 21 11月 2019

  In two regionally-focused webinars, our presenters will share their perspectives on ExxonMobil’s best-in-class growth pipeline and divestment drivers. The SuperMajor has failed to tackle its legacy business with the same rigor, lagging its peers in terms of upstream disposals.

• Comment

  Majors cautious as Petrobras takes prize in Brazil’s TOR round

  • 06 11月 2019

  Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, the Búzios and Itapu blocks.

• Webinar

  Webinar | After the crash: what's changed in Latin America upstream?

  • 23 6月 2020

  Latin America quickly responded to the oil market downturn. NOCs and Majors cut production and pushed back imminent FIDs. However, as Latin America has many large developments that break even below US$40/bbl, several projects are still under operators’ priority list. • Investments: The region is among the largest capex cut globally. How much has development spend been cut? • Production: We expect a 7% reduction in 2020. What are the long-term implications? • Economics: Latin America upstream NPV10 down by a third. Which resource themes have been hit the hardest? • Corporate: Are Latam NOCs prepared for the tough road ahead?

• Content

  Featured Reports

  • 09 8月 2018

  We're highlighting our most popular reports. Gain instant access to detailed data — by the numbers and with visualisation — to address business challenges and make better, more strategic decisions.

• Webinar

  Webinar: Nuances in the Water Type Curve

  • 07 11月 2019

  Water-to-oil ratios (WORs) are complex and are becoming an increasingly important factor in asset valuations and deal rationale. Our webinar, 'Nuances in the water type curve' will provide a glimpse into our “big data” produced water model and talk about the most interesting questions we get from clients.

• News Release

  Advanced lithium-ion technologies on track for record annual investment

  • 01 11月 2019

  More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.

• News Release

  Top three western wind turbine OEMs to control 60% of market by 2028

  • 11 11月 2019

  After a decade of fragmentation, the top five global turbine OEMs are strengthening their hold on the industry. By 2028, they are expected to control three quarters of the sector.

• News Release

  US storage industry to build on strong third quarter with response to power shutoffs

  • 03 12月 2019

  Installers have already shared anecdotes about growing residential storage volumes in California, and Wood Mackenzie expects a large uptick early next year as marketing efforts for solar-plus-storage started earlier this year bear fruit.

• Webinar

  Webinar | Global Oil Market Implications

  • 09 3月 2020

  Rapidly reacting to the oil market price crash, our experts discussed the immediate drivers influencing the market today and what we expect to happen as this continues to unfold. Our Vice Chair - Americas, Ed Crooks was joined by a panel of Wood Mackenzie’s experts to discuss: Immediate repercussions of the OPEC+ group failing to reach a deal Lessons learned from previous oil price crashes - what's different this time? The Lower 48 fallout - what happens next? The Corporate response - what does it mean for the industry's biggest players

• News Release

  Australia’s east coast gas prices to bottom out over next two years

  • 20 11月 2019

  In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.

• Comment

  European Investment Bank to cease funding fossil fuel projects

  • 15 11月 2019

  The EIB's new financing criteria will make lending to gas projects very difficult. It highlights that gas is also increasingly in the spotlight of the climate debate.

• News Release

  Was 2019 the year of recycled PET?

  • 10 12月 2019

  2019 has been a year of successes within the recycled PET (RPET) industry.

• Content

  Digitalisation Guide

  • 08 2月 2019

  Digitalisation promises to reduce costs and bolster the bottom line. And at a time when oil and gas is facing an existential crisis in the form of the energy transition, it could be key to the industry’s survival.

• News Release

  China to dent global polyester growth in 2020

  • 09 1月 2020

  Chinese polyester market growth is expected to sit at just below 3% in 2020, a marked decline from the strong growth seen between 2018 and 2019. This dip in performance is mainly due to slashed growth for bottle-grade PET, according to Wood Mackenzie.

• News Release

  Increased uncertainty to colour upstream sector’s decision-making in 2020

  • 09 1月 2020

  The level of uncertainty and anxiety among upstream producers and supply chain has rarely been higher. In 2020, decision-making will be more heavily influenced by sentiment surrounding the energy transition, political upheaval and trade disputes than in previous years. This adds to the ever-present risks of unexpected supply-demand imbalance, niche cost inflation or a global economic downturn. What are the biggest trends to watch in the upstream oil and gas business in 2020? Fraser McKay, head of upstream analysis at Wood Mackenzie, sees five key themes.

• News Release

  Cheaper electric cars could help Tesla hit targets by mid-2020s

  • 09 1月 2020

  In Q3 2019, Tesla announced its plans to capture 1% of all car sales globally. With its current portfolio of luxury cars, the company is unlikely to meet that target by the end of the decade. However, if it launches an entry-level car priced at $25,000, Wood Mackenzie projects that Tesla will meet the 1% target as early as 2024.

• News Release

  Asia Pacific upstream - 5 themes to watch in 2020

  • 19 12月 2019

  Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

• News Release

  Can Europe cope if Russia shuts off Ukraine gas transit?

  • 19 12月 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. Murray Douglas, director, European gas at global natural resources consultancy Wood Mackenzie, said: “Ukraine remains the major transit route for Russian gas into Europe – over 76 billion cubic metres (cm) will be transported via Ukraine this year."

• News Release

  Project delays and cancellations to dampen US microgrid growth through 2021

  • 16 12月 2019

  Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17% from its 2018 peak by the end of this year, according to new research from Wood Mackenzie.

• News Release

  China’s wind repowering market to boom from 2023

  • 17 12月 2019

  According to a new report by Wood Mackenzie, China’s wind repowering market is expected to take off from 2023. More than 21 gigawatts (GW) (cumulative capacity) of China’s wind turbine fleet is expected to be repowered over the next 10 years (2019-2028).

• Comment

  Talos shells out US$640m for Gulf of Mexico assets

  • 12 12月 2019

  Talos Energy, in its pursuit of growth in the US Gulf of Mexico, has announced a series of purchases, worth $640 million assets in the region

• News Release

  Anchor's aweigh as Chevron gives nod to US Gulf of Mexico development

  • 12 12月 2019

  Chevron has given the green light to the Anchor development in deepwater US Gulf of Mexico. This is Chevron’s first greenfield final investment decision as an operator since its sanction of Big Foot and Jack/St Malo in 2010.

• News Release

  2020 could mark start of downcycle for China’s petrochemical industry

  • 15 1月 2020

  In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.

• News Release

  Global copper market to see another year of volatile prices

  • 22 1月 2020

  As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices.

• News Release

  Policy developments to shape global steel markets in 2020

  • 21 1月 2020

  Chinese steel demand will likely peak this year at 890 million tonnes, a growth of 1.5%, according to Wood Mackenzie. With China responsible for half of global steel demand, Chinese government policy remains core to Wood Mackenzie’s view.