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Wood Mackenzie appoints new Chief Product & Technology Officer

02 July 2025

Wood Mackenzie, Inc., the leading global data and analytics business empowering the energy transition, has appointed Bernardo Rodriguez as Chief Product & Technology Officer, effective July 7, 2025.

News Release

Five strategic priorities for Rio Tinto's new CEO to unlock 40% valuation discount

10 July 2025

Rio Tinto's incoming CEO inherits a multi-billion-dollar challenge: unlocking a regulatory roadblock that has halted share buybacks for five years. As Rio Tinto's new CEO takes charge in H2 2025, Wood Mackenzie's analysis reveals five interconnected priorities that will determine whether the company can close this valuation gap.

News Release

New energy realities could extend coal’s role in global energy markets

17 July 2025

Global coal demand could remain stronger for longer, with coal-fired power generation potentially staying dominant through 2030, well beyond current projections for Peak Coal, according to a new Horizons report from Wood Mackenzie. “Extending coal's prominence through 2030 would fundamentally alter the global energy transition timeline. We're talking about delaying the phase-out of the world's most carbon-intensive fuel source during a critical decade for climate action,” said Anthony Knutson, global head, thermal coal markets at Wood Mackenzie. “While the long-term trajectory towards renewables remains intact, the path is proving far more complex than many anticipated as countries grapple with energy security and affordability concerns.”

News Release

Pimienta and Eagle Ford formations to become Mexico's first tight oil and gas plays, Wood Mackenzie says

15 August 2025

Following Mexico’s government and the Pemex Strategic Plan 2025-2035 presented recently, Wood Mackenzie published "PEMEX revives unconventional ambitions with 'complex geology' development program. "The analysts consider the Pimienta and Eagle Ford formations the most likely candidates for initial development, citing their established geology and potential to supply both oil and natural gas.

News Release

European refiners may hold the key to scaling green hydrogen

21 August 2025

High costs have kept green hydrogen projects from taking off, but new regulations in the European Union's (EU) refining sector offers a solution to launching this carbon friendly technology at scale, according to a new Horizons report from Wood Mackenzie.

News Release

Cenovus-MEG Merger Continues Oil Sands Consolidation Trend

22 August 2025

Addressing the announced merger agreement between Cenovus and MEG, Mark Oberstoetter, head of Americas (non-L48) Upstream Research for Wood Mackenzie, said "This deal will combine top-performing assets in the same region and is a continuation of the consolidation trend we have seen in the oil sands."

News Release

Anglo American and Teck announce zero-premium merger to create copper-focused major, says Wood Mackenzie

10 September 2025

Following the announced merger between Anglo American and Teck to form Anglo Teck, James Whiteside, Research Director at Wood Mackenzie, said: “The merger accelerates Anglo American's strategy to focus on prioritising scale and high margin commodities and offers a geographically diversified pipeline of copper growth projects with strong returns. For Teck, the deal provides the highest copper exposure and least dilution among potential suitors while preserving strategic influence through enhanced board representation.”

News Release

US community solar installations decline 36% YoY in H1 2025, according to Wood Mackenzie

30 September 2025

After a record-breaking year in 2024, the US community solar market slowed in H1 2025, with installations declining 36% year-over-year, resulting in 437 megawatts (MWdc) of new capacity installed, according to a new report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

News Release

Wood Mackenzie analysis reveals the European Union’s (“EU”) carbon storage injection capacity targets face a significant shortfall given challenges to project delivery

23 October 2025

The EU’s ambitious carbon storage targets, set in mid-2024 under the Net Zero Industry Act (NZIA), face a significant shortfall, with expected available injection capacity by 2030 falling well below the required 50 million tonnes per annum (“mtpa”), according to new Wood Mackenzie analysis. This independent study reveals widespread project delays and regulatory challenges are undermining Europe's carbon capture and storage (CCS) ambitions.

News Release

Global power demand surge puts net zero by 2050 out of reach as world heads toward 2.6°C warming

29 October 2025

Surging power demand and mounting geopolitical tensions have made 2050 net zero goals unattainable, with the world now on track for 2.6°C of global warming.

News Release

China shifts to 'High-quality'* renewable growth with new pricing mechanism following 264 GW boom in H1 2025

04 November 2025

China added a record 264 Gigawatt (GW) of wind and solar capacity in the first half of 2025, doubling additions from the same period in 2024, as developers rushed to meet the deadline for inclusion in the country's new auction-free renewable pricing mechanism, according to Wood Mackenzie.

News Release

Global solar inverter market faces two-year decline before stabilising, Wood Mackenzie forecasts

15 December 2025

The global solar inverter market will contract for two consecutive years, declining 2% to 577 Gigawatts AC (GWac) in 2025 and a further 9% to 523 GWac in 2026, according to Wood Mackenzie's latest 2025. The downturn follows record shipments in 2024 and reflects market uncertainty across major reg...

News Release

Vestas breaks annual wind turbine installation record

11 May 2020

Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.

News Release

Non-OPEC decline rates to remain stable until 2020

27 September 2017

Through operational excellence programmes and smart spending, operators have managed to maximise production and improve efficiencies, bucking expectations of an increase in decline rates. In fact, non-OPEC decline rates have remained stable since 2015. A new report by Wood Mackenzie, Non-OPEC Decline Rates: Lower for Longer, looks at the factors influencing this stability, how long it can be maintained and the impact future shifting decline rates may have on the oil market.

News Release

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.

News Release

Golden Pass crests second wave of US LNG

05 February 2019

ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.

News Release

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

22 April 2022

The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Lithium market faces a transition as demand growth slows

31 January 2024

Key things to watch in 2024 for lithium

News Release

Republican control will shift US energy policy away from net zero, but sweeping agenda faces roadblocks

18 November 2024

Republican control in the US will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to Wood Mackenzie analysis.

News Release

Solar inflation reverses as renewable costs in Asia reach all-time low

29 February 2024

Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region

News Release

Eni and PETRONAS to create new Southeast Asian energy 'Major’

28 February 2025

A joint venture between Eni and PETRONAS would create a new Southeast Asian energy ‘Major'

News Release

Will renewables displace conventional fuels in Asia’s growth markets in the 2020s?

05 February 2020

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade.

News Release

Steel sector emissions must fall 75% under 2°C scenario

10 August 2021

Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.

News Release

Global wind power outlook falls by 29 GW Q-o-Q

05 December 2023

The outlook for the global wind power sector has fallen by 29 gigawatts (GW) in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 terawatts (TW) by the end of 2032 according to Wood Mackenzie.

News Release

Half of traditional super basins are future-fit and they have three things in common

21 July 2022

Energy super basins of the future must fulfill three key criteria - abundant resources, access to low-cost renewables and hub-scale carbon capture and storage (CCS) opportunities, according to a new report by Wood Mackenzie.

News Release

New pipeline needed to meet surge in demand for Permian crude

08 July 2019

Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (b/d) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie.

News Release

Upstream FIDs pushes on with lower costs

05 April 2018

As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.

News Release

Brulpadda delivers the goods for Total

07 February 2019

French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

News Release

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

News Release

Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040

12 November 2019

Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.

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Search results: 867

Wood Mackenzie appoints new Chief Product & Technology Officer

Five strategic priorities for Rio Tinto's new CEO to unlock 40% valuation discount

New energy realities could extend coal’s role in global energy markets

Pimienta and Eagle Ford formations to become Mexico's first tight oil and gas plays, Wood Mackenzie says

European refiners may hold the key to scaling green hydrogen

Cenovus-MEG Merger Continues Oil Sands Consolidation Trend

Anglo American and Teck announce zero-premium merger to create copper-focused major, says Wood Mackenzie

US community solar installations decline 36% YoY in H1 2025, according to Wood Mackenzie

Wood Mackenzie analysis reveals the European Union’s (“EU”) carbon storage injection capacity targets face a significant shortfall given challenges to project delivery

Global power demand surge puts net zero by 2050 out of reach as world heads toward 2.6°C warming

China shifts to 'High-quality'* renewable growth with new pricing mechanism following 264 GW boom in H1 2025

Global solar inverter market faces two-year decline before stabilising, Wood Mackenzie forecasts

Vestas breaks annual wind turbine installation record

Non-OPEC decline rates to remain stable until 2020

Global energy storage set to triple in 2021

Golden Pass crests second wave of US LNG

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

Lithium market faces a transition as demand growth slows

Republican control will shift US energy policy away from net zero, but sweeping agenda faces roadblocks

Solar inflation reverses as renewable costs in Asia reach all-time low

Eni and PETRONAS to create new Southeast Asian energy 'Major’

Will renewables displace conventional fuels in Asia’s growth markets in the 2020s?

Steel sector emissions must fall 75% under 2°C scenario

Global wind power outlook falls by 29 GW Q-o-Q

Half of traditional super basins are future-fit and they have three things in common

New pipeline needed to meet surge in demand for Permian crude

Upstream FIDs pushes on with lower costs

Brulpadda delivers the goods for Total

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040