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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?

Opinion

Abundant, low-cost renewables will transform Nordic power markets

18 October 2023

Nordic power markets have long been defined by their ample hydro resources, but the make-up of supply will evolve as new wind capacity serves a major expansion of demand.

Opinion

Why North-west Europe needs more regasification capacity

18 December 2019

North-west Europe needs more regasification capacity – both to meet the region’s growing demand, and to soak up surplus volumes of liquefied natural gas (LNG) in the future, new research from global natural resources consultancy Wood Mackenzie shows.

The Edge

Why Brent isn’t reacting to escalating geopolitical risk

08 February 2024

Today’s geopolitical temperature is close to boiling point. So why haven’t oil prices leapt in response, as we’ve seen in the past?

The Edge

What a future Ukraine peace deal means for energy (part 1)

19 March 2025

How will a Ukraine peace agreement reshape global gas and LNG markets? Discover key scenarios and their far-reaching consequences for energy trade and prices.

The Edge

The narrowing trans-Atlantic divide on the energy transition

24 April 2025

Big Oil is rebalancing. Discover how strategy shifts, energy security and policy are reshaping oil, gas and low-carbon investment outlooks across the Atlantic.

The Edge

What comes after the Permian for IOCs?

22 May 2025

Discover how oil companies are strategising to maintain their edge as the Permian Basin approaches peak production and what this means for the future of US energy leadership

Opinion

It’s turbulent times for the wind sector in the US, but the outlook is better across the pond

03 June 2025

As US wind energy faces headwinds, what can it learn from Europe's thriving offshore wind industry to navigate turbulent policy waters?

Opinion

The tide is turning on marine power investment | Podcast

31 March 2023

On The Interchange: Recharged today we look at the technology that could drive marine power into the same league as wind and solar.

Opinion

Hydrogen powering our future: would you bet on it?  

20 January 2023

We are joined by Luke Johnson from H2 Green, and Melany Vargas, Head of Hydrogen Consulting at Wood Mackenzie. They are discussing hydrogen and how it will play a key part in powering our future.

Opinion

Petrostates, electrostates, and the energy transition

19 August 2025

AI, EVs and cheap solar are transforming global energy—can petrostates keep up with electrostates in the race for power?

Opinion

The Energy Gang at the London Hydrogen Conference: part two | Podcast

27 September 2023

Host Ed Crooks brings you the second of two special episodes recorded live from Wood Mackenzie’s Hydrogen Conference

Comment

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.

News Release

Ukraine may hold key to Europe’s gas storage crunch

16 April 2020

European gas storage is almost full to the brim – and with the mild weather, coronavirus lockdowns hitting demand and an over-supplied market, levels are not likely to drop soon. New analysis from natural resources consultancy Wood Mackenzie suggests October may prove critical for the market – and highlights a potential solution to the storage crunch.

Comment

Red-letter day for Norway as Johan Sverdrup comes on stream

08 October 2019

First oil from Johan Sverdrup – Norway’s sixth-largest discovery, with reserves of around 2.7 billion barrels – is a red-letter day for the partners and the Norwegian state. The decision to sanction the development was the country's largest final investment decision in more than 30 years.

News Release

Will a shifting global market embrace US crude?

05 March 2018

A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

News Release

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.

Comment

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."

Opinion

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.

Featured

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.

Comment

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.

News Release

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.

Comment

Spanish renewables targets undermined by political uncertainty

20 February 2019

Today, Wednesday 20th February 2019, Spanish Prime Minister Pedro Sanchez presented the country’s climate action plan for 2030 to 2050. Commenting on the announcement, Wood Mackenzie Power & Renewables Senior Research Analyst, Brian Gaylord, said:

Opinion

Europe’s residential energy storage market to expand nearly tenfold this decade

27 October 2021

Public policy, solar-plus-storage and rapid adoption of electric vehicles are supporting behind-the-meter energy storage growth in Europe.

News Release

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.

Opinion

European oil storage: Competitiveness is key to identifying sustainable investments

22 March 2017

Major transactions within Europe’s oil storage sector have resulted in an estimated 22 million barrels of capacity changing hands in 2016.

News Release

A supercharged China could turn up the heat on global commodities

23 March 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Oil price rout may trigger major industry shake-up

10 March 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

Opinion

Strong gas demand raises questions over emissions

11 September 2023

As demand for gas grows, it poses challenges for global climate goals. Suppliers will come under increased pressure to curb their emissions.

News Release

Data consortiums signal the future of oil and gas

07 August 2019

Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

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Search results: 589

How should Cyprus' giant gas discoveries be commercialised?

Abundant, low-cost renewables will transform Nordic power markets

Why North-west Europe needs more regasification capacity

Why Brent isn’t reacting to escalating geopolitical risk

What a future Ukraine peace deal means for energy (part 1)

The narrowing trans-Atlantic divide on the energy transition

What comes after the Permian for IOCs?

It’s turbulent times for the wind sector in the US, but the outlook is better across the pond

The tide is turning on marine power investment | Podcast

Hydrogen powering our future: would you bet on it?

Petrostates, electrostates, and the energy transition

The Energy Gang at the London Hydrogen Conference: part two | Podcast

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

Ukraine may hold key to Europe’s gas storage crunch

Red-letter day for Norway as Johan Sverdrup comes on stream

Will a shifting global market embrace US crude?

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

ExxonMobil and QP land a giant with Glaucus

ARA Gasoil Inventories

When will Tesla make a profit?

Can the North Sea survive the price rout?

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

Spanish renewables targets undermined by political uncertainty

Europe’s residential energy storage market to expand nearly tenfold this decade

Europe emerges as global LNG price-setter

European oil storage: Competitiveness is key to identifying sustainable investments

A supercharged China could turn up the heat on global commodities

Oil price rout may trigger major industry shake-up

Strong gas demand raises questions over emissions

Data consortiums signal the future of oil and gas

Hydrogen powering our future: would you bet on it?  