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News Release
Looming supply chain crunch threatens US wind energy boom
- 09 1月 2019
Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.
News Release
Outlook sluggish for upstream M&A
- 21 1月 2019
Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.
News Release
Has FLNG crested the wave?
- 30 1月 2019
Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.
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
Brulpadda delivers the goods for Total
- 07 2月 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
Golden Pass crests second wave of US LNG
- 05 2月 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
U.S. energy storage market to double two years running
- 06 3月 2019
The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...
News Release
Universal electricity access investment surpassed $500 million in 2018
- 04 3月 2019
Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact
News Release
U.S. solar market adds 10.6 gigawatts of PV in 2018
- 13 3月 2019
For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...
News Release
723GW of new global wind power capacity expected from 2019 to 2028
- 19 3月 2019
50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.
News Release
South Korea could miss 2030 renewables target
- 27 3月 2019
South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.
News Release
Global wind turbine order capacity increased 31% in 2018
- 27 3月 2019
Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.
News Release
Saudi Arabia to become largest Middle East wind power market by early 2020s
- 08 4月 2019
Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.
News Release
Southeast Asian upstream M&A could hit US$14 billion
- 25 4月 2019
According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.
News Release
What would Australia's Labor win mean for the resources, energy and power sectors?
- 06 5月 2019
Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.
News Release
Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years
- 22 5月 2019
Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.
News Release
Montney total production to increase by 16% in 2019
- 16 5月 2019
Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.
News Release
US energy storage market grows 232% year-over-year in Q1 2019
- 04 6月 2019
New research from Wood Mackenzie finds that the U.S. energy storage market broke its previous record for megawatts deployed in a single quarter in Q1 2019.
News Release
Puerto Rico microgrid market to more than double by end of 2024
- 03 6月 2019
New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.
News Release
2019 global wind turbine order intake off to record-breaking start
- 28 5月 2019
Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.
News Release
North America’s flexible packaging market grew by 3.9% in 2018
- 04 6月 2019
North America's market for value-added flexible packaging increased by 3.9% to US$25.3 billion in 2018, according to a new report from Wood Mackenzie Chemicals.
News Release
South Africa demand surge made 2018 banner year for African wind turbine order intake
- 05 6月 2019
2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to new research from Wood Mackenzie Power & Renewables.
News Release
More investment needed in U.S. chemical recycling technology to achieve circular economy
- 06 6月 2019
A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. However, according to Wood Mackenzie Chemicals, there needs to be multi-pronged investment efforts to improve comprehensive collection, sorting and recycle process technology in order to achieve a truly circular economy.
News Release
Corpus Christi set to be top U.S. crude export hub
- 11 6月 2019
The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.
News Release
Comstock takes Haynesville lead with US$2.2bn Covey Park deal
- 11 6月 2019
Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held producer Covey Park.
News Release
Top 5 turbine OEMs to rule two thirds of global market by 2020
- 19 6月 2019
After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.
News Release
New European solar installations to double over next 3 years
- 26 6月 2019
New solar installations within the European market will double in the next 3 years to reach a level of approximately 20GW/year. Total installed capacity in the region will surpass 250GW by 2024, according to new research from Wood Mackenzie Power & Renewables.
News Release
Mitsui and JOGMEC join Arctic LNG-2
- 01 7月 2019
Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project.
News Release
Mexico to lead Central America, Caribbean wind power growth
- 03 7月 2019
More than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven by central planning authorities in smaller markets and the attractive value proposition of the technology in Mexico, new research from Wood Mackenzie found.
News Release
Dominican Republic launches first licensing round
- 10 7月 2019
The Dominican Republic today launched its first licensing round, putting 14 blocks across its on- and offshore basins up for bid.

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