• News Release

  China’s crude reserves to reach 1.15 billion barrels in 2020

  • 23 3月 2020

  Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

• News Release

  Covid-19 lockdown hits global solar PV market

  • 09 4月 2020

  The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.

• News Release

  Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

  • 16 4月 2020

  Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

• News Release

  NOCs to slash over a quarter of exploration budgets on average in 2020

  • 20 5月 2020

  National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.

• News Release

  Scrap metals to remain underutilised despite availability and rising demand

  • 26 11月 2020

  Scrap metals demand growth is expected to outpace primary metals over the next two decades. However, it will remain underutilised compared to its overall availability, says Wood Mackenzie.

• News Release

  Over three quarters of new LNG supply could be impacted in 2-degree world

  • 09 12月 2020

  Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.

• News Release

  Consolidation to become major theme in E&P’s transition

  • 17 11月 2020

  Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

• News Release

  PV module innovations to help drive down solar costs in coming decade

  • 19 10月 2020

  The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

• News Release

  ConocoPhillips swoops on Concho in $9.7bn all-stock deal

  • 19 10月 2020

  Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

• News Release

  China’s carbon neutrality bill could hit over US$5 trillion

  • 08 10月 2020

  Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

• News Release

  China’s gas power plants bleed under pressure from lower tariffs and trade war

  • 15 9月 2020

  China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

• News Release

  Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

  • 07 9月 2020

  Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.

• News Release

  Global regas capacity under construction hits 10-year high at 144 mmtpa

  • 02 9月 2020

  Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

• News Release

  China’s PTA producers look to futures to weather market volatility

  • 16 7月 2020

  China’s purified terephthalic acid (PTA) producers have been using the futures market to price PTA in the spot market, hedge against risks and manage inventory. This has allowed many to stay profitable, despite market uncertainty and disruption brought by the coronavirus pandemic, says Wood Mackenzie.

• News Release

  Total named industry’s most-admired explorer in WoodMac survey

  • 06 7月 2020

  French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.

• News Release

  When will the market face peak demand?

  • 18 10月 2017

  The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

• News Release

  North America could play bigger role in future global bunker market

  • 20 3月 2017

  Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

• News Release

  OPEC producers key to world supply through to 2040

  • 16 7月 2018

  Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

• News Release

  Permian producers hedge their bets against pipeline delays

  • 11 9月 2018

  Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

• 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

  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

  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

  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

  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

  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

  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

  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