BHP Shale Asset Divesture

• 20 September 2017

Commenting on BHP Billiton's plans to divest its U.S shale unit, Jon Weintraub, research analyst at Wood Mackenzie, said: "BHP's announced divesture of its onshore U.S. business is a pretty momentous step-change in its corporate strategy and marks the culmination of its push to be a major shale player. We expect to see all options being considered with a substantial amount of interest from multiple pools of buyers."

Global upstream FIDs on track to double in 2017

• 17 July 2017

In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.

Return of Asian investment in US tight oil

• 08 May 2017

If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

Revival of deepwater industry: best projects closing gap

• 30 March 2017

The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil

IMO 2020 regulation could cost shippers extra US$60 billion a year

• 28 February 2017

The 0.5 wt% sulphur cap for bunker fuels could have far-reaching repercussions

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

• 17 June 2022

Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

US energy storage installations reach new quarterly record in Q2 with 5.6 GW

• 26 September 2025

The U.S. energy storage market set a record for quarterly growth in Q2 2025, with 5.6 gigawatts (GW) of installations, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie.

Will lower margins mean a mining supercycle is inevitable?

• 15 February 2022

Slower demand growth, an increase in supply and rising inflation. Will these hinder investment and remove any remaining doubt about a supercycle?

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

• 22 May 2019

Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.

Asia Pacific could become a global leader in the energy transition

• 21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

South Korea could miss 2030 renewables target

• 27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

Energy in Asia: in need of a power up?

• 21 November 2023

With fossil fuel demand resilient and emissions rising, a change in direction is needed

The Asia energy market outlook for 2020

• 06 January 2020

A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!

Puerto Rico microgrid market to more than double by end of 2024

• 03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

Cumene-Phenol

Optimise your commercial strategy with an integrated view of long-term market dynamics and strategic insights into the global cumene-phenol markets.

ExxonMobil and QP land a giant with Glaucus

• 28 February 2019

ExxonMobil and partner Qatar Petroleum today announced they made a major gas find with the Glaucus-1 well, drilled offshore Cyprus. “Glaucus is a giant,” Robert Morris, senior research analyst, Europe upstream, at global natural resources consultancy Wood Mackenzie, said. He added: “It will be one of the biggest discoveries of the year."

Are Japan’s upstream players heading for the exit?

• 02 February 2021

Japan’s trading houses are re-thinking their long-term strategies around upstream investment.

How green hydrogen can ensure Australia’s place in the sun

• 18 November 2021

Green hydrogen has seen a 50-fold increase in announced projects over the past 12 months alone. And while its export supply chains are complex, there are already several serious hydrogen export contenders emerging around the world.

ARA Gasoil Inventories

• 22 November 2024

Get a complimentary copy of our report highlighting how inventory builds, draws, and trend reversals influenced gasoil prices from Q3 2023 to Q3 2024.

Will India’s new regulations release pressure on LNG?

• 04 September 2023

Recent gas regulatory and policy changes should increase overall gas demand and improve LNG attractiveness at higher spot prices.

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.

Can the right fiscal terms revive Asia-Pacific's upstream sector?

• 27 February 2019

Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around US$6 billion in 2018, reducing the hopper of new development opportunities.

Can the North Sea survive the price rout?

• 23 March 2020

The North Sea has weathered several storms in its 50-year existence. But the events of the past few weeks mean the sector is entering uncharted waters. The coronavirus pandemic and collapse in OPEC+ production restraint has seen Brent reach its lowest point since 2003.

Patrick Kirby speaks to Dukascopy TV on the state of petrochemicals in the Russian Commonwealth

• 20 April 2018

Patrick Kirby speaks to Dukascopy TV on the state of petrochemicals in the Russian Commonwealth

When will the global gas market recover from coronavirus?

• 26 May 2020

The coronavirus global pandemic and subsequent collapse in oil price has had a profound impact on global gas markets, changing supply and demand fundamentals. The timing of the global gas market recovery is the biggest uncertainty.

Europe needs to change course to hit 2030 emissions target

• 18 February 2021

Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

Rio Tinto will spend $1bn to reach net zero emissions by 2050

• 26 February 2020

Rio Tinto has announced it will spend $1bn to reach net zero emissions by 2050

Electric vans on the brink of a commercial breakthrough

• 16 April 2021

There is a dispute over whether the US Postal Service should buy EVs, but the private sector is pressing ahead with orders.

OPEC+ deal balances consumer pressure with need for stable prices

• 23 June 2018

The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

• 14 July 2021

Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.