Need to know: European refined product markets April 2026

• 10 April 2026

How are refinery operations and shifting trade dynamics impacting inventories across crucial ARA hub locations?

Global upstream update: handpicked for small and mid-sized E&Ps

• 03 June 2026

A curated selection of upstream insights highlighting key global developments for regional operators

Where global gas markets are mispricing risk

• 09 June 2026

Insights from Wood Mackenzie and our trading panel at the Gas, LNG & The Future of Energy Conference.

How should Cyprus' giant gas discoveries be commercialised?

• 04 June 2019

Cyprus has been a bright spot for exploration over the last 7 years, with a string of giant gas discoveries. We estimate a total of 11 tcf of recoverable gas resource has been found. Can these be commercialised?

This is not a drill: key lessons from GB power price spikes

• 27 October 2021

The GB power market has been hit hard by a painful combination of high commodity prices, pre-winter levels of availability and low wind output.

The Energy Gang podcast: The European energy crisis – a failure of policy?

• 29 July 2022

Host Ed Crooks is joined by regular contributor Amy Myers Jaffe from the Climate Policy Lab at Tufts University, and a new voice on the Energy Gang, Vicky Bailey, founder of Anderson Stratton Enterprises.

The Energy Gang podcast: Lessons from the Texas power crisis

• 25 February 2022

Ed Crooks is joined by Emily Chasan and Joshua Rhodes to discuss the Texas Blackouts and how to avoid it happening again, the situation in Eastern Europe and how the current conflict affects the net-zero pledges made at COP26.

The Energy Gang podcast: What Does The World Need From COP26?

• 08 November 2021

Energy transition outlook: UK

• 17 February 2025

The UK has a renewed focus on accelerating its energy transition and bold plans to create a clean energy superpower. But net zero by 2050 is not yet on course.

UK government swoops on North Sea windfall profits

• 27 May 2022

Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

Russia-Ukraine war could slow global economic growth to 2.5% this year

• 12 April 2022

Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

Domestic UK oil & gas can reduce reliance on energy imports

• 07 April 2022

High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

Europe can weather halt in Russian gas supplies

• 18 March 2022

European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

Bulks most affected by Russia-Ukraine conflict; rising power prices a key concern

• 15 February 2022

Trade dislocations due to sanctions, high power prices and disruption to production facilities in the conflict zone are three major threats to the metals and mining industry as result of escalating conflict between Russia and Ukraine, says Wood Mackenzie.

Key things to watch in the European gas market for 2022

• 13 January 2022

Risk of a cold winter, uncertainty around pipeline imports and low gas inventories have set the scene across Europe for another volatile year ahead, with the potential for gas prices to soar further and energy shortages to bite.

Global gas and LNG – 6 trends to watch in 2022

• 13 January 2022

Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.

Sweden could become a pioneer in green steel production

• 21 December 2021

Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.

Global installed wind power capacity set to grow by 9% to 2030

• 15 December 2021

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

Global energy storage set to triple in 2021

• 07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

High carbon tax could erode up to 60% of Asia’s refining earnings

• 05 October 2021

A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

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.

What would an EU carbon border adjustment mechanism mean?

• 14 July 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

ArcelorMittal to take green steel honours with Sestao plan

• 13 July 2021

European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

Europe emerges as global LNG price-setter

• 27 May 2021

Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

UK accelerates plan to cut carbon emissions

• 20 April 2021

Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.

Trans Adriatic Pipeline (TAP) completes Europe’s Southern Gas Corridor

• 16 November 2020

The commissioning of the Trans Adriatic Pipeline's (TAP) initial 10 bcm per year capacity follows four and a half years of construction, EUR4.5 billion of capex and a variety of obstacles – especially in Italy, where the pipeline ends.

Chrysaor seals North Sea top spot with reverse takeover of Premier Oil

• 06 October 2020

Privately-held UK Independent Chrysaor is buying London-listed Premier Oil by way of reverse takeover. Premier’s US$2.7 billion of debt and hedging liabilities will be repaid and cancelled via a US$1.232 billion cash payment, plus Chrysaor shares.

UK can lead world in net zero energy technologies – but investment is critical

• 16 September 2020

Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040

• 28 July 2020

According to a new report by Wood Mackenzie, oil products demand in Asia Pacific is expected to fall by 1.8 million barrels per day (b/d) year-on-year in 2020.

BP sells petrochemicals business to INEOS in US$5bn deal

• 29 June 2020

Steve Jenkins, vice president of Wood Mackenzie’s petrochemicals team, comments on this morning’s announcement from BP that it is selling its petrochemicals business to INEOS in a US$5 billion deal.