Europe’s Carbon Border Adjustment Mechanism to establish new rules of global trade

• 21 9月 2023

The Carbon Border Adjustment Mechanism (CBAM), a policy that will require producers of goods imported into the European Union (EU) to pay an emissions levy, should fast-track decarbonisation efforts, but also result in prices rising across several sectors sharply - according to the latest Wood Mackenzie Horizons report.

U.S. grid-scale energy storage installations set new record in Q2 2023

• 25 9月 2023

Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.

Discussing the BESS operational techno-economic evaluation cycle

• 24 10月 2023

Watch the replay of our webinar with DNV.

Top 15 Global PV O&M firms commanded 115GWdc of monitored solar capacity in 2022

• 02 10月 2023

The top 15 global PV O&M providers expanded their overall portfolio for a total volume of 115 gigawatts direct current (GWdc) in 2022, an annualized growth of 13%, according to Wood Mackenzie.

A cornerstone of global oil supply – Canada at a cross roads

• 01 3月 2017

Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.

‘Lower for longer’ oil prices, industry finances and growth

• 03 3月 2017

Our Corporate Analysis team, led by Tom Ellacott, shows that for the 60 companies we cover in depth, net debt has increased by 22% or US$142bn since 2014.

Oil markets - OPEC restraint needs to stretch into 2018. A supply glut lurks just below the surface.

• 22 3月 2017

Why have oil prices come under renewed downward pressure? Our Macro Oils team, led by Ed Rawle, sees three main reasons.

LNG markets: the way we were…and how suppliers need to position for the future

• 05 4月 2017

How do traditional LNG suppliers, a group dominated by some of the biggest oil and gas producers, play a part in sorting things out? As the industry gathers in Tokyo for Gastech, we think there are four main elements that need addressed.

LNG Service & Tool

A unique perspective on the global LNG market to develop a deep understanding of key projects and market forces.

China Gas & Power Service

Understand China's gas and power market, support investment decisions and create effective strategies.

The new dash for gas - majors position to leverage a core competence

• 25 4月 2017

We forecast the share of gas in the peer group’s production will increase from 42% currently to over 50% by the end of the 2020s. ENI and BP will reach 60%, which is also Total’s 2035 target. There are three main themes behind the ‘dash for gas’.

Needed - upstream strategies to win back investors

• 16 5月 2017

‘Underwhelmed’ sums up investors’ indifferent response to the Majors’ Q1 results. What does upstream have to do to win back favour?

OPEC underpins oil markets into 2018 - green light for tight oil growth

• 29 5月 2017

The firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year. Three main aspects of the decision stand out.

Conventional exploration – playing devil’s advocate

• 06 6月 2017

Andrew Latham, our Head of Exploration Research, has built a global creaming curve for conventional exploration outside the USL48. Three themes stand out.

Breaking conventions – tackling the high-cost culture

• 04 7月 2017

New thinking and new ways are needed if operators are to usher in a new era of investment in conventional projects. A dip in oil prices below US$50/bbl may be just what’s needed to concentrate minds and encourage companies to challenge industry conventions.

Upstream strategies - early signs of a shift towards growth

• 22 9月 2016

Chief Analyst Simon Flowers sees optimism after a flush of project FIDs, a pick up in US drilling and M&A activity.

There’s finance galore – but only for the right upstream growth strategies

• 29 9月 2016

According to Chief Analyst Simon Flowers, there is finance galore for those with the right growth story. For the rest, slim pickings.

For a few dollars more – OPEC’s shifting stance

• 13 10月 2016

OPEC’s plan for production cuts signals a desire to support prices, even if the battle to wrest control of the market seems barely half won.

Conventional exploration - strategies to compete with tight oil

• 20 10月 2016

Majors’ resource capture strategies are already becoming more balanced between exploration, unconventionals, DROs and M&A.

Resetting the oil and gas industry’s structural cost base – the same old song?

• 31 10月 2016

The industry needs to keep its foot on the pedal and effect a structural reset before the opportunity is lost, with signs that the down cycle may be bottoming out.

Tight oil’s second great growth phase about to begin?

• 07 11月 2016

More operators are hinting through this Q3 results season at redeploying rigs in the coming months, potentially kick starting what will be tight oil’s second great growth phase.

A Trump Administration - implications for the energy and mining industries

• 14 11月 2016

Although the Presidency does not officially begin until January 20th 2017, the dearth of concrete policy proposals leaves a high level of uncertainty around the priorities of a Trump administration.

Global upstream investment – set to rise in 2017

• 08 12月 2016

Chief Analyst Simon Flowers expects prices to rise and US tight oil to lead the industry out of the downturn.

Upstream growth back on the agenda: the M&A ‘barometer’ is signalling better climes ahead

• 23 1月 2017

A strengthening flow of deals is a clear indicator that the M&A market is getting back to business as usual, and companies are starting to think of growth again.

The shrinking scale of greenfield oil and gas projects: slowing growth prospects outside the L48 bubble

• 26 1月 2017

Despite the uptick in numbers, investment in greenfield conventional projects is stuck at a low ebb.

Upstream needs to learn from Downstream

• 15 2月 2017

If oil markets remain oversupplied and prices modest, there’s much Upstream operators can learn from Downstream, which has emerged thriving from the doldrums of a decade ago.

Tight oil's growth potential - fracturing conventional wisdom?

• 22 2月 2017

Not long ago, growth was the big thing. This results season suggests growth targets are making a come back.

Permania! Why M&A in the Permian Basin is at fever pitch

• 13 1月 2017

How did US$20 billion in deals happen in a down market?

Oils, Refining & NGLs

• 23 6月 2017

Target new opportunities and improve business performance with analysis of long- and short-term supply/demand, economics and market trends

North Sea update: Cost reductions and FIDs in 2017

• 16 4月 2017

Much has been achieved in the past year, as we see prices and costs slowly turning around. But there is more work to be done. Use our 2016-2017 Global Upstream Cost Survey to understand North Sea cost evolution from 2014 to 2020.