• News Release

  Coal is still king in Southeast Asia’s power market

  • 25 九月 2019

  According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before slowing down and accounting for 36% of the region’s generation mix in 2040.

• Comment

  Record low price for offshore wind in CfD round 3 auction

  • 20 九月 2019

  The Department for Business, Energy and Industrial Strategy (BEIS) this morning revealed the results of the UK government’s third Contracts for Difference (CfD) auction round.

• Comment

  CPIH and Equinor sign cooperation agreement on offshore wind

  • 25 九月 2019

  CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe.

• News Release

  What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

  • 07 十月 2019

  Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.

• Comment

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

  • 08 十月 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

  Unplanned solar plant repairs to cost industry $16 billion over next 6 years

  • 08 十月 2019

  Annual solar plant operations and maintenance (O&M) costs will grow from nearly $4.5 billion in 2019 to just over $9 billion in 2024. This increase is due to future demand growth and current installed capacity. Unplanned repairs alone can cost owners up to $3,000/MW/year, based on an average-sized solar power system of 50MW, according to new research from Wood Mackenzie.

• Comment

  Santos to acquire ConocoPhillips northern Australian assets

  • 14 十月 2019

  Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

• Comment

  Total expands partnership with Adani on India's gas market

  • 14 十月 2019

  Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

• News Release

  Wood Mackenzie’s new data technology transforms upstream valuations

  • 09 十月 2019

  Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.

• Comment

  Acciona in Nordex takeover bid

  • 08 十月 2019

  Acciona will launch a 100% takeover of German manufacturer Nordex after increasing its majority share in the turbine maker to 36.27%.

• Comment

  Trump raises Turkey's steel import tariff to 50%

  • 15 十月 2019

  US President Donald Trump has announced an increase in Section 232 tariffs on Turkish steel from 25% to 50%

• News Release

  Balance-of-systems costs for US non-residential storage to drop

  • 24 十月 2019

  Non-residential storage system costs will fall by 27% in the US over the next five years, according to new research from natural resources consultancy Wood Mackenzie.

• News Release

  Vietnam becomes Southeast Asia’s hottest solar PV market

  • 01 十一月 2019

  Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region.

• News Release

  Europe and North America will have over 1 million workplace EV chargers by 2025

  • 06 十一月 2019

  The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025, according to new research from Wood Mackenzie.

• News Release

  Renewable electricity to deliver on Europe’s 2030 climate-energy goals

  • 07 十一月 2019

  If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53% of power supply in 2030. Europe is on track to hit this target, although the performance of individual countries will vary, according to analysis from Wood Mackenzie.

• News Release

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

  • 12 十一月 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.

• News Release

  Seismic changes across upstream as industry grapples with energy transition

  • 12 十一月 2019

  The energy transition is undoubtedly impacting corporate upstream strategies in significant and disruptive ways. Coupled with the post-2014 downturn in oil prices, Wood Mackenzie sees seismic changes in the way the industry allocates capital across development, exploration and in particular M&A.

• Comment

  Brazil’s PSC Round 6 disappoints as Petrobras lodges sole bid

  • 07 十一月 2019

  Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. One day after it dominated the Transfer of Rights Surplus round, the NOC placed the only bid of today’s auction."

• News Release

  JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

  • 21 十一月 2019

  Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.

• News Release

  Europe to spearhead renewable energy cost reductions for offshore wind through 2028

  • 18 十一月 2019

  Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of $133/MWh in 2019 to $51/MWh in 2028, according to new research by Wood Mackenzie.

• Comment

  Qatar eyes LNG top spot as it primes 64% output boost

  • 26 十一月 2019

  On 25 November, Qatar Petroleum (QP) announced that it will boost output from Qatar LNG by 64% - from 77 million tonnes per annum (tpa) at present to 126 million tpa by 2027 – following a successful appraisal of the North Field’s onshore extension, near Ras Laffan Industrial City.

• News Release

  OPEC+ set to make its choice

  • 05 十二月 2019

  OPEC+ gathers today and tomorrow to decide if the group should roll over its production restraint agreement or consider deeper cuts. The current agreement to reduce output by 1.2 million b/d runs to end March 2020. Ann-Louise Hittle, vice president, Macro Oils, said: “The idea of deeper cuts has been broached, but we consider that less likely to reach full agreement than a rollover of the standing agreement. The need for production restraint is clear. Slower US production growth is not enough to offset the ongoing imbalance between global supply and demand.”

• Comment

  Deeper OPEC+ supply cuts sends supportive signal to markets

  • 06 十二月 2019

  After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.

• Comment

  The European Green Deal: a watershed moment for the energy sector

  • 11 十二月 2019

  Ursula von den Leyen, president of the EU Commission, today (11th December 2019) presented a plan to become the first carbon-neutral continent by 2050. This political ambition will be written into the first European Climate Law within 100 days of the announcement.

• News Release

  Asia Pacific gas and LNG - 6 themes to watch in 2020

  • 13 一月 2020

  Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

• Webinar

  Webinar: Oil & Oil Products

  • 05 三月 2020

  Join our webinar when we will discuss our view of the current market fundamentals and the outlook for the coming weeks/months of 2020 and 2021, putting Europe within a global context.

• News Release

  North Sea to remain global hotspot in 2020

  • 09 一月 2020

  It will be a noteworthy year for the North Sea – companies will increase production for the first time since 2017 and the outlook for both exploration and investment is looking healthy. The region will remain a global hotspot for deals as the corporate landscape continues to evolve. Crucially, the North Sea will also see major steps towards decarbonisation.

• Content

  The best of 2019

  • 08 二月 2019

  The energy transition is well underway. Discover what the future holds for renewable energy and what clean disruption means for your business.

• News Release

  2020 to be year of transition for global olefins industry

  • 20 一月 2020

  Wood Mackenzie expects the combined capacity expansion of base olefins - ethylene, propylene and butadiene - to hit unprecedented levels of around 20 million tonnes in 2020. This represents an increase of 6% on 2019 levels.

• Comment

  China bans single-use plastic

  • 20 一月 2020

  On 19 January, China's National Development and Reform Commission and the Ministry of Ecology and Environment announced policies aimed at restricting production, sale, and use of single-use plastic products.