• 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.

• 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.

• News Release

  Wood Mackenzie joins Stonewall’s Diversity Champions programme

  • 21 5月 2018

  Being a Stonewall Diversity Champion is a key part of Wood Mackenzie’s Diversity and Inclusion initiative, ensuring that all employees feel engaged, protected and empowered to perform well at work.

• News Release

  UK taxation in isolation will not increase plastics collection rates

  • 21 5月 2018

  In response to HM Treasury's call for evidence on using the tax system to address single-use plastic waste, Wood Mackenzie Chemicals said there needs to be a bigger focus on behaviour change if current UK plastics collection and recycling rates are to reach the levels seen in a number of European countries.

• News Release

  LNG markets move from oversupply as rebalancing gets under way

  • 07 6月 2018

  Wood Mackenzie's short-term global gas and LNG outlook (Q2 2018) sees the market rebalancing as it moves from oversupply, although the global natural resources consultancy believes prices will remain relatively sustained into 2019.

• News Release

  Majors dig deep as Brazil's PSC Round 4 sets record

  • 07 6月 2018

  On 7 June 2018, Brazil held its fourth pre-salt auction, just eight months after the highly competitive second and third pre-salt rounds. US$818 million was collected in signature bonuses, the outcome was yet another big success for Brazil. With the successful conclusion of five licensing rounds in the span of less than a year, and a fifth PSC Round set for September 2018, interest in Brazil's upstream sector continues to be very strong.

• News Release

  China's LNG trucking capacity to double in medium term

  • 18 6月 2018

  Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.

• News Release

  More than 680GW of new wind power to come online over next decade

  • 11 12月 2018

  More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...

• News Release

  Global offshore wind capacity will increase nearly sixfold over the next decade

  • 28 1月 2019

  By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase...

• News Release

  Exploration’s back in the black

  • 04 2月 2019

  After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

• News Release

  More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

  • 12 2月 2019

  Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...

• News Release

  US independents balance the books

  • 14 2月 2019

  The Lower 48 E&P sector is under pressure from investors demanding greater capital discipline, positive free cash flow and increasing returns. There’s a tug-of-war between value and volume, and value has emerged as the winner. The Lower 48’s independents, who traditionally pursued growth at all costs, must now rein in their impulses and focus on delivering returns to their shareholders. How does this affect their 2019 spending plans, and how do they manage volatile oil prices?

• News Release

  Macri reforms reshape Argentina's gas sector

  • 28 2月 2019

  When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.

• News Release

  Amazon’s packaging transition boost for U.S. flexible plastics industry

  • 12 3月 2019

  Amazon’s decision to move towards lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent ‘Q1 2019 Flexible Packaging Global Market Overview’.

• News Release

  Record-breaking 1.7 GW of US community solar installed in 2024

  • 19 2月 2025

  The US community solar market installed a record-breaking 1.7 GWdc of capacity in 2024, a 35% increase from 2023, according to a new report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). However, with policy uncertainty at both national and state levels, long-term growth hangs in the balance.

• News Release

  North American net energy-related emissions to fall 20% by 2030, according to Wood Mackenzie

  • 03 3月 2025

  According to a recent report from Wood Mackenzie, 2030 net energy-related emissions from the North American power sector are set to fall by 20% compared to 2024 levels. The "Energy Transition Outlook 2024-25: Americas" report shows that in Wood Mackenzie’s base case outlook, main drivers of this activity in North America will be lower emissions from the power sector, which are set to decline 24% by 2030, and the acceleration of transport electrification.

• News Release

  A delayed energy transition could make or break the upstream sector

  • 16 1月 2025

  As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil & gas supply. But meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices and significant shifts in corporate strategy, according to the latest Horizons report from Wood Mackenzie.

• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 06 1月 2025

  Wood Mackenzie, Inc., the leading global data and analytics business empowering the energy transition, has appointed Garet Guthrie as Chief Financial Officer (CFO), effective January 6, 2025. Mr. Guthrie succeeds Simon Crowe, who is stepping down to pursue other opportunities. Mr. Crowe will work with Mr. Guthrie to transition over responsibilities over the next few weeks

• News Release

  High-impact oil and gas exploration could cut global scope 1 and 2 emissions by 6% in 2030

  • 21 11月 2024

  Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to play in decarbonisation efforts and providing advantaged barrels in the energy transition, according to the latest Horizons report from Wood Mackenzie.

• News Release

  CCUS growth challenged by current economics

  • 10 10月 2024

  Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilisation and storage (CCUS), economics remain challenging, and many potential projects are at risk.

• News Release

  The North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime

  • 03 10月 2024

  After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie.

• News Release

  Decisive action needed to achieve net zero by 2050, as world is currently on path for 2.5 ˚C to 3 ˚C global warming

  • 29 10月 2024

  A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future.

• News Release

  LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

  • 12 8月 2024

  Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.

• News Release

  CO2 utilisation potential as key global decarbonization tool limited by current economics

  • 26 8月 2024

  Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonisation, but current economics limit CO2 utilisation deployment as high costs and insufficient subsidies hinder the market, according to a recent report from Wood Mackenzie.

• News Release

  Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

  • 26 7月 2024

  Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.

• News Release

  Lower 48 well costs expected to decline 10% in 2024

  • 29 7月 2024

  After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.

• News Release

  US community solar market to break 14 GWdc of cumulative capacity by 2029

  • 08 8月 2024

  7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029.

• News Release

  National Oil Company international M&A spend hits 20-year low

  • 17 7月 2024

  While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.