• News Release

  Oil price rout: which supply is most at risk of shut-in?

  • 27 3月 2020

  The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?

• News Release

  Global LNG demand faces first seasonal contraction in 8 years

  • 02 6月 2020

  The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-year, says Wood Mackenzie.

• News Release

  Nickel sulphate supply to peak in 2027 as EV sector-driven demand accelerates

  • 08 6月 2020

  Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand driven by the electric vehicle (EV) sector continues to accelerate, reaching approximately 800 Kt by 2035, says Wood Mackenzie.

• News Release

  Wood Mackenzie donates solar power system to domestic violence shelter in Puerto Rico

  • 06 3月 2025

  To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, recently donated 24 solar panels and 2 batteries of storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 10.8 kW-DC system and 27.2 kWh battery will provide a significant portion of the shelter’s power needs.

• News Release

  Natural gas remains the crucial bridge in the energy transition, yet challenges persist

  • 20 2月 2025

  Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away from coal, according to the latest Horizons report from Wood Mackenzie. The report, titled "The bridge: Natural gas's crucial role as a transitional energy source," emphasizes that while the world is increasingly turning to renewable energy, natural gas remains fundamental to meeting global energy needs and reducing emissions in the medium term.

• News Release

  US oil tariffs on Canada and Mexico would significantly impact North American crude flows

  • 06 2月 2025

  US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as higher prices would push a portion of US imports into overseas markets, according to a recent report from Wood Mackenzie.

• News Release

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

  • 18 11月 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

  Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

  • 06 12月 2024

  Addressing the announcement of Equinor and Shell combining UK offshore oil and gas assets in a newly incorporated joint venture, Gail Anderson, research director at Wood Mackenzie said, “This new venture will create the biggest producer on the UKCS and demonstrates the long-term attractiveness of the region.”

• News Release

  Waste-based biofuels could be the key to unlocking the energy transition

  • 18 8月 2022

  Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Li-ion battery recycling not expected to take off before 2030

  • 08 12月 2021

  Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie.

• News Release

  OPEC+ set to make its choice

  • 05 12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.”

• News Release

  CCUS planned capacity nearing 1 billion tonnes per annum

  • 26 8月 2022

  US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

• News Release

  Global gas and LNG – 6 trends to watch in 2022

  • 13 1月 2022

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

• News Release

  Global energy storage set to triple in 2021

  • 07 10月 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

  COP28: Middle East could play a key role in decarbonising global economy

  • 23 11月 2023

  Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

• News Release

  Record highs for global wind turbine order intake in 2023

  • 18 3月 2024

  Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

• News Release

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  7 Btpa of carbon capture needed to meet net zero by 2050

  • 16 10月 2023

  Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.

• News Release

  Global top 10 solar PV inverter vendors account for 82% of market share

  • 08 7月 2022

  Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.

• News Release

  Iron ore – 5 things to watch in 2020

  • 20 1月 2020

  Slower demand growth (especially in China) and a decent recovery in seaborne supply will continue to feature prominently in the iron ore industry in 2020. Prices will fall, with annual average price forecast for 2020 at $80/t.

• News Release

  Wood Mackenzie launches Lens Power & Renewables

  • 04 3月 2025

  Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

• News Release

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

  • 08 10月 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

  Global energy storage capacity to grow at CAGR of 31% to 2030

  • 30 9月 2020

  Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

• News Release

  Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie

  • 15 8月 2024

  As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition. The world cannot achieve decarbonisation without copper, a crucial component in electrification. Curr...

• News Release

  Government tenders to drive 102 GW of global renewable capacity in 2024

  • 07 3月 2024

  More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

• News Release

  Oil prices likely to be lower in 2025 than last year

  • 18 3月 2025

  Brent crude oil prices are projected to average $73 per barrel in 2025, down $7 per barrel per barrel from 2024, according to Wood Mackenzie’s latest monthly oil market outlook. The $73 per barrel forecast for this year is revised down $0.40 per barrel from the early February monthly report.

• News Release

  Global floating solar to top 6GW threshold by 2031

  • 24 5月 2023

  The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.

• News Release

  Smoother sailing ahead for upstream supply chain players

  • 06 2月 2019

  The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.

• News Release

  Global upstream project delivery is finally hitting the mark

  • 14 8月 2018

  Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.

• News Release

  Renewable power in Asia Pacific gains competitiveness amidst cost inflation

  • 11 1月 2022

  Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.