As we look ahead to 2025, Wood Mackenzie's predictions highlight key trends shaping the energy and natural resources industries. China's structural changes will impact global oil demand, with diesel demand poised to rise but remain below pre-Covid levels. Saudi Arabia is set to emerge as a major player in battery storage, driven by ambitious economic goals and renewable energy investments. Despite years of growth, global solar installations are expected to dip slightly in 2025 due to constraints in key markets. Corporate confidence is expected to drive transformative deals in the copper industry, with mining companies focusing on copper for growth. While President-elect Donald Trump aims to boost US LNG projects, final investment decisions may face delays. National oil companies are expected to drive sector growth, particularly in upstream activities. Energy and production companies will need to demonstrate significant synergy gains to attract investor support for M&A. Lastly, in the hydrogen sector, blue hydrogen is set to lead global supply additions, particularly in the US, supported by carbon capture technology and industry backing.