• 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

  Five charts that define the energy transition

  • 13 12月 2024

  As the energy landscape rapidly transforms due to decarbonization, electrification, and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.

• News Release

  Global upstream project delivery is finally hitting the mark

  • 14 8月 2018

  Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.

• News Release

  Surge in oil hedging could worsen US supply glut

  • 27 3月 2017

  Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.

• News Release

  Argentina weighs new price subsidy, but freezes gas tariffs

  • 25 6月 2020

  Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas market. To maintain low gas prices for end-users, the new administration has imposed a tariff freeze until the end of 2020.

• News Release

  Renewable power in Asia Pacific gains competitiveness amidst cost inflation

  • 11 1月 2022

  Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.

• News Release

  A “stable” Russia-Ukraine peace agreement could lead to years of US LNG under-utilisation and delays on US LNG FIDs

  • 08 4月 2025

  As the geopolitical landscape of the Ukraine conflict enters a new and highly uncertain phase, Wood Mackenzie's Gas and LNG team has released a new report titled "What a future Ukraine peace deal means for energy". Using the LENS Gas Market Model the report outlines three peace agreement scenarios and explores their potential consequences in terms of sanctions and the implications on trade flows and prices.

• News Release

  Russian refinery products will continue to flow in 2023 despite European price cap

  • 31 1月 2023

  The European Commission’s announcement that the EU is proposing a US$100 per barrel price cap on Russian oil products such as diesel, jet fuel and gasoline, and a US$45 per barrel cap on discounted products like fuel oil, would not severely impact Russian refiners according to Wood Mackenzie.

• News Release

  Oil market uncertainty could significantly affect prices

  • 24 2月 2025

  Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025, according to its latest market outlook. The forecast considers various geopolitical and economic factors, including potential peace talks between Russia and the US regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.

• News Release

  Iraq aims to ramp up oil and gas output

  • 16 8月 2024

  Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production. That said, crucial infrastructure issues still need to be overcome, and a lack of exploration activity remain a challenge. Iraq’s gas output could more than double by 2030 to reach 4.4 bcfd and oil output could hit 5.5 million b/d, in that same time frame, according to the report “Iraq’s upstream opportunities: a review” from Wood Mackenzie.

• News Release

  Eni and PETRONAS to create new Southeast Asian energy 'Major’

  • 28 2月 2025

  A joint venture between Eni and PETRONAS would create a new Southeast Asian energy ‘Major'

• News Release

  Global lithium-ion battery capacity to rise five-fold by 2030

  • 22 3月 2022

  Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

• News Release

  Offshore decommissioning in Asia Pacific could cost US$100 billion

  • 01 2月 2018

  According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.

• News Release

  Energy storage’s meteoric rise breaks another record

  • 19 3月 2025

  The U.S. energy storage market set a new record in 2024 with 12.3 gigawatts (GW) of installations across all segments, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie. The report shows a total of 12,314 megawatts (MW) and 37,143 megawatt hours (MWh) deployed, representing increases of 33% and 34% respectively over 2023 numbers.