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News Release
Renewables and nascent low-carbon technologies most exposed to high interest rates
- 18 四月 2024
If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.
News Release
Asia Pacific could become a global leader in the energy transition
- 21 二月 2024
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
News Release
India needs radical transformation to reach net zero emissions by 2070
- 27 七月 2023
How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
News Release
Should gas resource holders target LNG exports or blue ammonia?
- 15 六月 2023
The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.
News Release
A supercharged China could turn up the heat on global commodities
- 23 三月 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
High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition
- 16 二月 2023
The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.
Comment
Major energy players raise the game in green investments in Asia
- 15 六月 2022
BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.
News Release
About 650,000 barrels per day of Russian crude oil to be ‘swapped’
- 05 四月 2022
About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.
Comment
Earthquake in Japan impacts power sector
- 21 三月 2022
Following the 7.4-magnitude earthquake reported off Fukushima, Japan, Wood Mackenzie senior analyst Yamato Kawamata gives an overview of the impact on the power sector.
News Release
Global gas and LNG – 6 trends to watch in 2022
- 13 一月 2022
Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.
Comment
China’s GDP to further decelerate in Q4 2021
- 01 十二月 2021
China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie
Comment
POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018
- 18 十月 2021
South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.
Comment
Upstream oil and gas: record cash flows and peak uncertainty
- 08 十月 2021
Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry.
News Release
High carbon tax could erode up to 60% of Asia’s refining earnings
- 05 十月 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.
Comment
Woodside confirms potential merger with BHP's petroleum business
- 16 八月 2021
Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.
Comment
Japan’s new 2030 energy mix unveils radical plans to transform the energy system
- 27 七月 2021
Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.
News Release
Long-term LNG set to remain a buyers’ market
- 15 六月 2021
The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.
Comment
NEA Gas Forum - the future of gas is Asia and the prize is large
- 09 六月 2021
Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.
News Release
Europe emerges as global LNG price-setter
- 27 五月 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.
News Release
Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns
- 31 三月 2021
Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.
Comment
Myanmar coup and impact on oil and gas industry
- 04 二月 2021
Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and gas industry.
Comment
Biden administration and what it means for China and rest of Asia Pacific
- 20 一月 2021
As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
News Release
Resilience and sustainability to be core oil and gas themes of 2021
- 19 一月 2021
Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.
News Release
Future of gas in energy transition to be defined in 2021
- 14 一月 2021
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
Comment
China’s trucked LNG spot prices hit three-year high
- 12 一月 2021
Spot prices of trucked LNG in China were highly volatile last month.
News Release
Decarbonisation key to future of Asia Pacific’s upstream industry
- 15 十二月 2020
Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.
News Release
Renewables in most of Asia Pacific to be cheaper than coal power by 2030
- 26 十一月 2020
Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.
News Release
Asia Pacific upstream transactions plunge to lowest this century
- 19 十一月 2020
Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.
News Release
Portfolio resilience and sustainability at the core of corporate concerns
- 20 十月 2020
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.
News Release
India to overtake China as world’s largest LPG residential market by 2030
- 06 十月 2020
India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

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