• News Release

  Private equity's future in US Gulf of Mexico deepwater

  • 19 9月 2018

  With many Independents and Majors chasing onshore shale and white hot Brazil and Mexico, the US Gulf of Mexico, once the coveted jewel of the oil industry, has become a lower investment priority in recent years. This has opened the space for private equity-backed companies who have stepped up to the plate, turned pennies into dollars and shown they have what it takes to compete.

• Comment

  Merger does the business for Wintershall and DEA

  • 28 9月 2018

  Wintershall and DEA set to merge to create independent exploration and production company

• Comment

  Chevron in talks to sell Rosebank stake

  • 27 9月 2018

  US major Chevron has confirmed it is in talks to sell its 40% operating stake in the Rosebank field, offshore West of Shetland

• Comment

  Qatar Petroleum's LNG plans get even bigger

  • 27 9月 2018

  Qatar Petroleum announces plans for a fourth LNG megatrain

• News Release

  West Europe PET bottle recovery grows, but challenges for RPET supply chain remain

  • 01 10月 2018

  The total volume of PET bottles collected in West Europe during 2017 was near 2 Mt, compared to an estimated 3.2 Mt of bottles placed in the market, according to Wood Mackenzie Chemicals' latest report on the RPET market in West Europe.

• Comment

  Rosebank deal 'cements Equinor's commitment to the UK'

  • 01 10月 2018

  Norway's Equinor set to buy Chevron's 40% operating stake in the Rosebank field, offshore West of Shetland

• Comment

  India's renewables to contribute 13% of power generation mix in five years, double the amount today

  • 15 10月 2018

  India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.

• Comment

  New wave of growth on the horizon for Asia-Pacific's oil and gas sector

  • 15 10月 2018

  Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

• News Release

  Is the end of the global energy transition closer than we think?

  • 17 10月 2018

  Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

• News Release

  Chinese wind asset owners keep their grip on global top 25

  • 19 10月 2018

  Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.

• News Release

  Years of growth ahead for Eastern European onshore wind

  • 23 10月 2018

  Onshore wind energy in Eastern Europe, Russia and the Caspian will experience a compound annual growth rate of 9% from 2018 to 2027, according to new research by Wood Mackenzie Power & Renewables.

• News Release

  Asia-Pacific solar demand to decline first time this year

  • 24 10月 2018

  After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

• News Release

  Upstream players need to boost spending to meet future demand

  • 24 10月 2018

  Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

• News Release

  European energy storage markets heating up with total deployments nearing global highs

  • 20 11月 2018

  According to a new report from Wood Mackenzie Power & Renewables, an increasing number of major utilities have made strategic plays by investing in a relatively new European energy storage market over the past two years

• News Release

  How digitalisation transformed the US Lower 48

  • 12 11月 2018

  Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.

• Comment

  Plastics recycling tax likely to increase cost of plastics packaging in short-to medium term

  • 29 10月 2018

  Commenting on UK Chancellor Philip Hammond's Budget announcement of a new tax on the manufacture and import of plastic packaging that contains less than 30% recycled plastic, Wood Mackenzie Head of PET, Philip Marshall, said:

• Comment

  What next for the oil market as the US reimposes sanctions on Iran?

  • 06 11月 2018

  What next for the oil market as the US reimposes sanctions on Iran?

• Comment

  Explorers hit the jackpot in sub-Saharan Africa

  • 06 11月 2018

  In the past 10 years, explorers in sub-Saharan Africa have turned up more giant discoveries than any other region. But converting volume into value is undoubtedly sub-Saharan Africa’s Achilles heel.

• News Release

  Is deepwater ready for cost inflation?

  • 27 11月 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• News Release

  New technology investments to boost growing global wind market

  • 06 12月 2018

  Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

• Comment

  Chevron Phillips Chemical to cease US paraxylene production

  • 06 12月 2018

  Commenting on the news that Chevron Phillips Chemical will cease paraxylene production in the U.S at the end of this year, Gordon Haire, Wood Mackenzie Chemicals Research Director, said:

• Comment

  Qatar quits OPEC

  • 03 12月 2018

  On 3 December 2018, Qatar announced it will withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel. Qatar, which said it intends to focus on its gas production, made the announcement ahead of the 6 December OPEC meeting.

• News Release

  OPEC stays the course with production deal

  • 01 12月 2017

  OPEC and non-OPEC producers agree to extend production curbs through 2018

• News Release

  Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

  • 14 12月 2017

  2018 looks set to be a brighter year for upstream oil and gas companies

• News Release

  Can upstream cost savings stick?

  • 15 12月 2017

  The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

• Comment

  EU's Plastics Strategy May be Missed Opportunity

  • 16 1月 2018

  Follwoing the EU's pledge to make all plastic packaging recyclable by 2030, Helen McGeough, PCI Wood Mackenzie Senior Consultant, commented

• Comment

  Who will finance Asia's coal power projects?

  • 05 1月 2018

  Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.

• Comment

  India to double oil products growth in 2018

  • 19 1月 2018

  India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.

• News Release

  BP's double proves there's life in the old dog yet

  • 31 1月 2018

  BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.

• Comment

  Mexico’s Deepwater Round 2.4 Receives Significant Bids

  • 31 1月 2018

  Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.