LONDON/HOUSTON/SINGAPORE, 14 December 2022 – Oil and gas companies face new opportunities but also fresh challenges in 2023. Wood Mackenzie released the Corporate oil and gas: 5 things to look for in 2023 report on [Read more]
This opinion piece was published by Wood Mackenzie on March 28, 2022. By Ed Crooks Energy played a key role in the Marshall Plan, implemented by the US between 1948 and 1951 to help rebuild [Read more]
This commentary was published by Wood Mackenzie on March 15, 2022. By Rachel Schelble Enabling the use of renewable fuels The midstream industry participates in the renewable fuels value chain in two ways: transportation and [Read more]
This commentary is provided by Wood Mackenzie. LONDON/HOUSTON/SINGAPORE, 25 February 2022 –The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition, experts [Read more]
Despite demand fluctuations, Wood Mackenzie says the global supply chain of wind turbines will spend approximately $600 billion by the end of 2028. According to new analysis the energy consultancy group, annual average wind turbine [Read more]
In it’s report on the impacts of the COVID-19 virus, Wood Mackenzie highlights the massive impact of the pandemic on the global power and renewables industry. Countries around the world are struggling to handle the [Read more]
The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW compared to Wood Mackenzie’s previous projections. Due to the Coronavirus pandemic and other market changes since Wood Mackenzie’s Q4 2019 update, [Read more]
This op-ed was released by Wood Mackenzie on March 19, 2020. Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during [Read more]
In the short term, the biggest downside risk from the dramatic drop in oil prices to gas supply is associated with gas production – largely from unconventionals in the US, argues energy consultancy firm Wood [Read more]
Approximately $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019, according to consultancy firm, Wood Mackenzie. Currently, about 420 million people now use standalone off-grid solar [Read more]
Research and consultancy group Wood Mackenzie says a Bernie Sanders presidency could have a significant impact on the oil industry in the United States. The firm’s comments were issued after Sanders, a self-proclaimed socialist, eked [Read more]
Solar power system prices will fall over the next decade, thanks to advances in module efficiency, manufacturing, labour practices and software, according to a report by Wood Mackenzie. The consultancy firm says the 2020s will [Read more]
This article was released by Wood Mackenzie on Sept. 25, 2019. According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before [Read more]
Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. And according to new research from Wood Mackenzie, the Chinese market will surpass the 1 million e-bus [Read more]
Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new [Read more]
Water recycling is another way operators can reduce disposal costs and limit water sourcing constraints – something Canadian producers already do With the recent rise oil prices, operators have been adding rigs and ramping up [Read more]
Upstream sector in Mexico flourishes under historic energy reforms says Wood Mackenzie In 2013, when Mexico initiated historic reforms to open its energy sector for the first time in 75 years, few could have imagined [Read more]
Chinese commercial well costs have fallen 25% since 2014, are more than 20% higher than comparable US wells Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells [Read more]
Wave of large projects post-2019 could signal new cost cycle underway As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs (Final Investment Decision), with the number of project sanctions more [Read more]
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