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Global electrification hinges on copper - but as demand from EVs, renewables and AI soars, supply constraints and geopolitical risks threaten to reshape the market for decades to come
China’s EV surge is redefining global battery dynamics and setting the pace for the next phase of electrification
As China strengthens its grip on lithium production and refining, global efforts to diversify supply face technical, economic, and geopolitical hurdles that threaten to deepen dependence rather than reduce it
In a world being redefined by powerful macro forces, how can the metals and mining sector adapt?
COP30 represents a critical juncture for global climate policy.
The refining and petrochemical sectors need to cut emissions, but how? We explore the opportunities and challenges.
Key themes included the impact of geopolitics on demand, the enduring role of gas in the supply mix and the bumpy road ahead for LNG.
Wind turbine OEMs move from cost-driven models toward value-led approaches
A year shaped by policy uncertainty, supply growth, and structural shifts in refining and trade flows.
Capital allocation trends and what to look for from the Majors, the US and International Independents and the NOCs in the year ahead.
In our recent series of Energy Transition Outlook webinars, our experts explored how innovation, investment and geopolitics are reshaping the path to net zero
Budget pressure. Brownfield rejuvenation. Business model shifts. Our global and regional experts share their view of the key themes shaping the upstream sector in the year ahead.
This will be a year of reckoning for the hydrogen sector.
Turbulence, trade challenges and technology are set to be key themes for metals and mined commodities in 2026.
Innovative technologies underpin an accelerated market expansion
Gigafactory capacity optimisation, Chinese industry regulation, next-gen batteries and humanoid robots are amongst the key trends to watch this year as the EV sector finally comes into its own.
After years of testing and incremental deployment, autonomous electric vehicle (AEV) fleets are reaching an inflection point, and the catalyst isn't just technological advancement
A landmark deal reunifies Syria’s energy system and reshapes its oil and gas outlook
Could lower gas prices restore European industrial competitiveness, or will policy, regulation and security of supply issues get in the way?
Strait of Hormuz disruption threatens global chemical supply chains as geopolitical tensions escalate
Moderate hedge volumes combined with historically low strike prices are limiting upside as crude prices approach $100/bbl.
Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.
The outlook for Japan's offshore wind sector is looking positive as the country’s capacity is projected to reach upwards of 4 gigawatts (GW) in 2028, a 62-fold increase from last year, new research from Wood Mackenzie indicates.
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has been hit in early February due to seasonality of purchasing in the lead up to Chinese New Year and customs delays impacting Australian vessels into China. Will this move be another short-term blip and mirror the volatility seen last year, or is a broader correction at play?
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.
In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.
I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.
The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.
In 2019, the total ethylene capacity from CTO/MTO units reached 5.21 million tonnes per annum (Mtpa), accounting for 21% of China’s total ethylene capacity. However, CTO and MTO development has slowed due to high methanol prices and environmental controls, as well as the threat from a new wave of steam cracker investment in China.
Chinese Big Tech is now working towards greener clouds, but it is China’s push for blue skies that is making this happen.
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