National Oil Company international M&A spend hits 20-year low

• 17 七月 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.

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

• 11 六月 2024

Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie

• 26 六月 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.

Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

• 12 六月 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.”

Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

• 25 七月 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.

China leads global wind turbine manufacturers’ market share in 2023

• 01 五月 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.

Global nuclear SMR project pipeline expands to 22 GW, increasing more than 65% since 2021

• 07 三月 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.

Eni named most-admired upstream explorer in Wood Mackenzie’s16th annual Exploration Survey

• 29 五月 2024

Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.

Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions

• 06 三月 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.

Wood Mackenzie appoints Xizhou Zhou as new head of Power and Renewables Business

• 04 六月 2024

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.

Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

• 07 五月 2024

Wood Mackenzie today announced that Jason Liu has been appointed Chief Executive Officer.

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 十月 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.

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

• 21 十一月 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.

A delayed energy transition could make or break the upstream sector

• 16 一月 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.

CCUS growth challenged by current economics

• 10 十月 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.

Wood Mackenzie appoints new Chief Financial Officer

• 06 一月 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

Decarbonisation efforts in the steel industry could hinder circularity of Zinc, warns new study

• 21 三月 2024

Decarbonisation efforts in the steel industry could hinder circularity of Zinc, warns new study

Chinese OEMs sweep the global wind podium for the first time

• 14 三月 2025

Wood Mackenzie's latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: • Goldwind maintained its lead for the third consecutive year, installing 20 GW – a more than 20% increase on 2023 and more than 60% increase on 2022. • Five OEMs installed double-digit GW for the first time, with Chinese manufacturers benefiting from robust domestic demand and Vestas dominating markets outside China. • The Chinese market grew by almost 12% year-over-year to a record more than 80 GW, accounting for more than 60% of annual connected capacity globally. • Installations outside China declined by 9% year-over-year, impacting Western OEMs.

US energy dominance faces long-term challenges

• 17 四月 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

OPEC producers key to world supply through to 2040

• 16 七月 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production

• 20 六月 2018

Brazil's new local content regulations could fast-track the deployment of FPSO units, speeding up the pace of pre-salt oil production by more than 21 billion barrels by the mid-2020s, a new report by Wood Mackenzie analysing the impact of new local content rules on production, royalty collection and job creation has found.

China's LNG trucking capacity to double in medium term

• 18 六月 2018

Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.

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

• 15 二月 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.

Incentives uncertainty clouds Pathways Alliance economic feasibility

• 14 二月 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.

North America could play bigger role in future global bunker market

• 20 三月 2017

Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

Shining a light on the “coal versus LNG emissions” debate

• 12 三月 2025

Is LNG really a cleaner alternative to coal? Explore the latest findings on lifecycle emissions and discover why US LNG could be a crucial player in global decarbonisation efforts.

Oil and refined products in 2025: a commodity trader’s guide

• 14 四月 2025

In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?

What do the tariff wars mean for low-carbon energy?

• 25 四月 2025

Tariffs, AI and clean energy collide - industry experts reveal what’s next for solar and storage in an unpredictable global market.

What higher oil prices in 2024 could mean for the economy and politics

• 14 九月 2023

The oil market has come to life, with prices finally delivering on our expectations for 2023. Our oil experts, Ann-Louise Hittle and Alan Gelder, join Simon Flowers to discuss where the market goes from here and what this could mean for the economy and politics.

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