• 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

  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

  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

  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

  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

  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

  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

  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

  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

  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

  Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

  • 06 3月 2024

  The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

• 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

  After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

  • 22 2月 2024

  US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.

• News Release

  Cumulative US community solar installed capacity expected to break 14 GWdc by 2028

  • 21 2月 2024

  US cumulative community solar installations are forecasted to break 14 gigawatts direct current (GWdc) in existing state markets by 2028, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  EU will miss 2050 climate targets by a decade, without urgent action

  • 22 2月 2024

  Despite ambition across its members, the EU won’t meet climate targets until well into the 2060s, as focus shifts to energy security and economic stability. Renewables and electrification uptake is due to progress steadily, but nascent technologies, such as hydrogen and carbon capture, need urgent action in the forms of investment, demand certainty, and policy commitment.

• News Release

  Carbon intensity regulation to make or break global low-carbon hydrogen market

  • 15 2月 2024

  The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.

• News Release

  Diamondback Energy and Endeavor Energy merger creates the largest pure play company in the Permian, according to Wood Mackenzie

  • 14 2月 2024

  Addressing Diamondback Energy, Inc. and Endeavor Energy Resources L.P.’s US$26 billion merger transaction, Alex Beeker, research director, corporate research for Wood Mackenzie said, “This deal creates the largest Permian pure play company, and it will trail just ExxonMobil and Chevron in terms of total Permian production.”

• News Release

  Incentives uncertainty clouds Pathways Alliance economic feasibility

  • 14 2月 2024

  As the $12 billion phase one of Canada’s Pathways Alliance nears FID, the world’s largest carbon capture and storage (CCUS) proposal faces uncertainty surrounding the long-term availability of economic incentives, according to a new report from Wood Mackenzie.

• News Release

  Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

  • 29 6月 2022

  Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

• News Release

  Global energy storage market to reach 500GW by 2031

  • 28 7月 2022

  Market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 gigawatts (GW) by 2031, according to Wood Mackenzie’s Global Energy Storage Outlook released today.

• News Release

  2022 – A year of rebalancing for metals and mining

  • 25 1月 2022

  If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie.

• News Release

  U.S. storage market sets new installation record in Q3 2021

  • 09 12月 2021

  The U.S. energy storage market set a new record in the third quarter of 2021, with new system installations totalling 3,515 megawatt hours (MWh). Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, released today, said with market momentum building, it is likely this storage market record will be broken in the fourth quarter.

• News Release

  Oil and gas companies must be bold as energy transition sets tone for 2022

  • 09 12月 2021

  It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for the energy transition ahead. New research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), indicates that oil and gas companies are likely to be bold in 2022. Formidable cash flow generation, increasing new energy opportunities and the development of a carbon market are a powerful force for change.

• News Release

  Is CCS the upstream sector’s silver bullet?

  • 11 8月 2021

  We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

• News Release

  Wind turbine prices to rise by up to 10%

  • 16 8月 2021

  Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Firth of Forth net-zero hub key to achieving climate goals

  • 17 8月 2021

  The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

• News Release

  Small modular nuclear reactors could be key to meeting Paris Agreement targets

  • 24 8月 2021

  Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.

• News Release

  CCS could have material impact on carbon emissions of LNG projects

  • 25 8月 2021

  The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, says Wood Mackenzie,

• News Release

  Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

  • 18 8月 2021

  Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.

• News Release

  US storage market continues to grow in Q2 2021

  • 09 9月 2021

  According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, 345 megawatts (MW) of new energy storage systems were brought online in the second quarter of 2021.