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News Release
Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030
- 22 June 2021
Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050
- 17 June 2021
Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.
Comment
Colonial Pipeline cyberattack may benefit European refiners
- 10 May 2021
The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.
News Release
Will higher oil prices spell trouble for upstream discipline?
- 19 April 2021
In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.
News Release
Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs
- 30 March 2021
Granular subsurface data is key to understanding advantaged resources
12960 related products from the Store that match
- Country Report
  Azerbaijan upstream summary slides
  - 05 November 2025
  We provide an upstream summary slide-pack on Azerbaijan. The report includes an overview of country trends and activities with analysis on key projects, company value, costs, production, and fiscal terms. The slides complement our more detailed upstream summary. Please refer to the main Azerbaijan upstream summary for a detailed description of reserves, production, infrastructure and fiscal terms…
- Country Report
  Azerbaijan upstream summary
  - 05 November 2025
  Azerbaijan is a key oil and gas producer in the Caspian region. Its upstream industry is dominated by two BP-operated offshore megaprojects: the Azeri Chirag Guneshli (ACG) oil field and Shah Deniz gas-condensate field. They account for the majority of production and investment. Most liquids and gas are exported, chiefly to or via Turkey. This includes the new US$40 billion Southern Gas Corridor…
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News Release
Global wind power installations hit record levels in 2020
- 29 March 2021
114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.
News Release
US energy storage market shatters quarterly deployment record
- 03 March 2021
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of 182% from Q3 2020, making Q4 the new record quarter for U.S. storage.
News Release
700 million electric vehicles will be on the roads by 2050
- 08 February 2021
Electric vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock of 700 million, according to new research from Wood Mackenzie.
News Release
Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows
- 15 December 2020
According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.
News Release
Top 3 turbine OEMs to capture 60% of global market by 2029
- 03 December 2020
The top three wind turbine players - Vestas, SGRE and GE - will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie.
Comment
Gulf of Mexico lease sale 256 – business as usual despite upcoming change in administration
- 19 November 2020
On Wednesday, 18 November, the United States held its region-wide Gulf of Mexico (GoM) Lease Sale 256 and received 105 bids from 23 participating companies, with high bids totalling US$121 million.
News Release
Portfolio resilience and sustainability at the core of corporate concerns
- 20 October 2020
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.
News Release
Energy transition to be key driver of Australia’s upstream M&A
- 01 October 2020
The energy transition is expected to be a major driver of the future of Australia’s upstream M&A, says Wood Mackenzie.
Comment
China pledges to be carbon-neutral by 2060
- 23 September 2020
On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.
News Release
Japan to exceed 2030 renewables target supported by US$100 billion investments
- 19 August 2020
Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie.
News Release
Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040
- 28 July 2020
According to a new report by Wood Mackenzie, oil products demand in Asia Pacific is expected to fall by 1.8 million barrels per day (b/d) year-on-year in 2020.
News Release
Sunrun-Vivint Solar deal represents largest consolidation in residential solar history
- 07 July 2020
Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.
Comment
Shell's write-down of Australian assets not a surprise
- 01 July 2020
It’s no surprise to see Shell writing down the value of its assets, in line with the new post-pandemic energy demand outlook. In fact, we’ve revised the value of oil and gas assets in Asia Pacific by US$200 billion as a result of a lower oil price outlook.
News Release
Power system flexibility key to Europe's net-zero targets
- 03 June 2020
The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.
News Release
Global appetite for plastics key to China’s polyolefins demand growth in 2020
- 28 May 2020
Much of China’s polyolefins demand growth in 2020 will depend on global appetite for plastic end-products, says Wood Mackenzie.
Comment
What does China's thermal coal import restriction mean for Australian producers?
- 22 May 2020
Rumours of a ban on Australian thermal coal to China have surfaced in the thermal coal market this week.
Comment
China's Two Sessions reiterates commitment to pollution control
- 22 May 2020
The topic of environmental protection continues to feature heavily in the Two Sessions today. Wood Mackenzie experts share some initial thoughts.
News Release
Global wind power capacity to grow by 112% over next 10 years
- 26 March 2020
Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.
News Release
Oil price crash dents timeline of Australia’s second wave of FIDs
- 26 March 2020
Wood Mackenzie’s latest analysis reveals that Australia’s next wave of LNG projects are likely to be delayed.
Comment
Jet fuel takes hit as Trump unveils US travel ban
- 12 March 2020
The travel ban announced by US President Donald Trump today is likely to have an immediate impact on jet fuel demand and prices across Europe and the US.
News Release
Global battery electric vehicle sales to surge in 2020s
- 10 February 2020
The second half of the 2010s saw the rebirth of the battery electric vehicle (BEV).
Comment
China’s demand drops for first time since 2009 as coronavirus hits oil markets
- 04 February 2020
The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.
News Release
Vietnam becomes Southeast Asia’s hottest solar PV market
- 01 November 2019
Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region.
News Release
What are ExxonMobil’s top 5 divestment targets in Asia Pacific?
- 07 October 2019
Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.
Comment
CPIH and Equinor sign cooperation agreement on offshore wind
- 25 September 2019
CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe.

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Search results: 5190

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

Colonial Pipeline cyberattack may benefit European refiners

Will higher oil prices spell trouble for upstream discipline?

Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs

12960 related products from the Store that match

Azerbaijan upstream summary slides

Azerbaijan upstream summary

Global wind power installations hit record levels in 2020

US energy storage market shatters quarterly deployment record

700 million electric vehicles will be on the roads by 2050

Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

Top 3 turbine OEMs to capture 60% of global market by 2029

Gulf of Mexico lease sale 256 – business as usual despite upcoming change in administration

Portfolio resilience and sustainability at the core of corporate concerns

Energy transition to be key driver of Australia’s upstream M&A

China pledges to be carbon-neutral by 2060

Japan to exceed 2030 renewables target supported by US$100 billion investments

Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040

Sunrun-Vivint Solar deal represents largest consolidation in residential solar history

Shell's write-down of Australian assets not a surprise

Power system flexibility key to Europe's net-zero targets

Global appetite for plastics key to China’s polyolefins demand growth in 2020

What does China's thermal coal import restriction mean for Australian producers?

China's Two Sessions reiterates commitment to pollution control

Global wind power capacity to grow by 112% over next 10 years

Oil price crash dents timeline of Australia’s second wave of FIDs

Jet fuel takes hit as Trump unveils US travel ban

Global battery electric vehicle sales to surge in 2020s

China’s demand drops for first time since 2009 as coronavirus hits oil markets

Vietnam becomes Southeast Asia’s hottest solar PV market

What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

CPIH and Equinor sign cooperation agreement on offshore wind