• News Release

  20K technology to unlock more than 2 billion barrels of oil equivalent in resources in the US Gulf of Mexico

  • 12 8月 2024

  Chevron announced first oil at the Anchor field in the US Gulf of Mexico deepwater, unlocking the potential for a considerable amount of new production.

• News Release

  ADNOC’s gas self-sufficiency could cost over $40 billion

  • 10 10月 2023

  The Abu Dhabi National Oil Company (ADNOC) will need to invest more than $40 billion in order for the United Arab Emirates (UAE) to attain gas self-sufficiency due to the complex nature of the country’s gas resources according to a Wood Mackenzie report.

• News Release

  Copper production to become a growth driver in 2025 as capital allocation strategies diverge in mining

  • 02 4月 2025

  Greenfield copper projects start to offer the most attractive returns for capital investment Wood Mackenzie's latest analysis shows a significant shift in capital allocation strategies within the mining sector, as production growth has become a primary focus amid increasing competition for capital investment. According to Wood Mackenzie’s Metals and Mining Corporate analysis, three key factors are driving this shift: Increasing non-discretionary capital expenditure requirements Continued need for robust balance sheets to weather potential market volatility Growing focus on copper for both growth and diversification strategies

• News Release

  US energy dominance faces long-term challenges

  • 17 4月 2025

  While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

• News Release

  Data center pipeline capacity exceeds 92 GW by end of 2024, says Wood Mackenzie

  • 13 3月 2025

  The pipeline capacity for US data centers with development activity since 2023 exceeded 92 gigawatts (GW) at the end of 2024, according to a recent report from Wood Mackenzie. The adoption of artificial intelligence is fueling massive capacity expansion for data centers and competition for power. According to the report “US data center pipeline” from Wood Mackenzie, monthly pipeline additions reached 7 GW in the fourth quarter of 2024.

• News Release

  US energy storage market breaks installation record in Q4 2023

  • 20 3月 2024

  The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today.

• News Release

  As project economics rebound, upstream FIDs to increase in 2024, with focus on deepwater resources

  • 14 3月 2024

  Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

• News Release

  Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

  • 08 3月 2024

  On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

• News Release

  Asia Pacific could become a global leader in the energy transition

  • 21 2月 2024

  Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

• News Release

  US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record

  • 01 10月 2024

  The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed.

• News Release

  Global competitiveness of renewable LCOE continues to accelerate

  • 21 10月 2024

  In 2024, the global landscape for Levelised Cost of Electricity (LCOE) continues to reflect significant advances in renewable energy technologies, with wind and solar power leading the way, according to the latest LCOE reports from Wood Mackenzie.

• News Release

  Increased protectionist measures in US solar market could expand domestic manufacturing, but increase overall costs

  • 22 10月 2024

  New trade tariffs and increased import restrictions in the US solar supply chain would expand domestic manufacturing, but create a more expensive market, potentially slowing down the growing sector, according to a recent report from Wood Mackenzie.

• News Release

  An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

  • 23 10月 2024

  Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.

• News Release

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

  • 16 9月 2024

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

• News Release

  Golden Pass LNG project delay to impact global gas markets with removal of new supply, according to Wood Mackenzie

  • 02 8月 2024

  The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.

• News Release

  US energy storage market sets Q1 capacity installation record

  • 18 6月 2024

  The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.

• News Release

  ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie

  • 30 5月 2024

  Addressing ConocoPhillips (COP) acquisition of Marathon Oil (MRO) in an all-stock transaction valued at US$22.5B, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers. For ConocoPhillips, this is a diversified and balanced move across multiple geographies.”

• News Release

  American solar panel manufacturing capacity increases 71% in Q1 2024 as industry reaches 200-gigawatt milestone

  • 06 6月 2024

  A record-setting 11 gigawatts of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.

• News Release

  Wood Mackenzie names new leader for Consulting

  • 28 5月 2024

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Matthijs (Thijs) van Koppen to its global executive leadership team as EVP, Head of Consulting.

• News Release

  China’s renewable exports grow by 35% between 2019-2023

  • 28 5月 2024

  Chinese renewable product exports grew 35% from 2019 to 2023, driven by competitive prices and production capacity domination.

• News Release

  US November election results could decelerate energy transition, with $1 trillion in energy investment on the line

  • 16 5月 2024

  The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global leadership in decarbonisation. But a victory for former President Donald Trump in the November 2024 election, combined with long-standing issues around the US relationship with China and US government deficits, could significantly alter the path of US energy policy and usher in a delayed transition scenario, according to a new Horizons report from Wood Mackenzie.

• News Release

  World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

  • 02 5月 2024

  A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

• News Release

  Creation of minerals “Super Region” could make Africa, Middle East and South Asia global leaders in energy transition

  • 10 1月 2024

  The creation of a minerals “Super Region” comprising Africa, the Middle East, Central Asia and South Asia would make a huge contribution to a successful energy transition according to a new white paper launched by Wood Mackenzie at the Future Minerals Forum being held in Riyadh.

• News Release

  Gas prices down 45% as 2024 market set to remain bearish

  • 19 1月 2024

  The market sentiment for gas and liquefied natural gas (LNG) will remain bearish into 2024 with European prices having fallen by 45% to US$10 per million British thermal units (mmbtu) in the past three months according to a report by Wood Mackenzie.

• News Release

  Key things to watch in electric vehicle (EV) & battery supply chain for 2024

  • 24 1月 2024

  Key things to watch in electric vehicle (EV) & battery supply chain for 2024

• News Release

  Offshore wind sector doubled down on tangible opportunities in 2023

  • 31 1月 2024

  Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

• News Release

  Solar inflation reverses as renewable costs in Asia reach all-time low

  • 29 2月 2024

  Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region

• News Release

  Europe gas prices set to fall amid high storage levels throughout 2024

  • 14 3月 2024

  Gas prices in Europe could fall as low as US$6.70 per million British thermal units (mmbtu) in the summer as the mild winter will see storage levels remain above 55% according to a new report by Wood Mackenzie.

• News Release

  Global refinery capacity totalling 3.6 million b/d at high-risk of closure

  • 29 3月 2024

  As much as 3.6 million barrels a day (mmbd) of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.

• News Release

  The Australian energy crisis highlights the need for new gas supply

  • 29 8月 2022

  With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals