OPEC stays the course with production deal

• 01 diciembre 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

• 14 diciembre 2017

2018 looks set to be a brighter year for upstream oil and gas companies

Can upstream cost savings stick?

• 15 diciembre 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

Mexico’s Deepwater Round 2.4 Receives Significant Bids

• 31 enero 2018

Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.

Majors dig deep as Brazil's PSC Round 4 sets record

• 07 junio 2018

On 7 June 2018, Brazil held its fourth pre-salt auction, just eight months after the highly competitive second and third pre-salt rounds. US$818 million was collected in signature bonuses, the outcome was yet another big success for Brazil. With the successful conclusion of five licensing rounds in the span of less than a year, and a fifth PSC Round set for September 2018, interest in Brazil's upstream sector continues to be very strong.

US sanctions increase pressure on Venezuela

• 30 enero 2019

The US is poised to impose fresh sanctions on Venezuela, ratcheting up the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports.

Exploration’s back in the black

• 04 febrero 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

Macri reforms reshape Argentina's gas sector

• 28 febrero 2019

When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.

Majors step up to bid on Argentina offshore acreage

• 17 abril 2019

Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.

Argentina LNG exports positioned to meet peak demand in Asia

• 13 junio 2019

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 research from Wood Mackenzie.

OPEC+ set for rollover but risk clouds supply outlook

• 30 junio 2019

As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

Brazil licensing round sets record as Majors eye November's prizes

• 10 octubre 2019

Brazil's Licensing Round 16 set a record – the BRL 8.9 billion (US$2.2 billion) in signature bonuses is the highest yet for a Brazilian round. Of the 36 blocks on offer, 12 were awarded, all in the prolific offshore Campos and Santos basins. Malaysia’s Petronas, Qatar’s QPI, Spanish producer Repsol and the US’ Chevron all bid high. QPI and Petronas were the biggest spenders of the day, as well as Petrobras. Only Campos and Santos basin blocks were awarded, with frontier acreage failing to attract interest.

Majors cautious as Petrobras takes prize in Brazil’s TOR round

• 06 noviembre 2019

Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, the Búzios and Itapu blocks.

How private equity is revitalising offshore exploration and production

• 01 octubre 2018

Private equity is revitalising offshore exploration and production, with smaller operators bringing new life to the US Gulf of Mexico, the North Sea and Brazil. Get the latest analysis here.

The case for investing more in exploration

• 25 septiembre 2018

The industry isn’t finding enough oil. We need more Guyanas, a lot more, and we need them soon. Without them, the oil market is in danger of tightening in the not too distant future.

Guyana - a new planet in oil’s solar system

• 18 septiembre 2018

The discovery of a major new oil play like Guyana instils a sense of wonder in we oil industry devotees. What’s the story? How big could it be? Will it change the oil market? Simon takes on these questions and more.

The impact of global events on Latin America’s PET industry

• 25 enero 2018

Maritza Ramirez recently presented at the LAPET Meeting in Mexico city. In her presentation, “Are Changes in Global Supply and Demand Helping or Hindering the Latin American PET Industry?”, Maritza, Senior PET Consultant for Wood Mackenzie Chemicals, explained that PET events in China or Europe can have immediate effects in Latin America.

Is Vale's S11D project a game changer?

• 10 agosto 2016

With Vale’s new major project S11D nearing its late-2016 production start date, we look at the economics of one of the largest undeveloped resources of high grade, direct shipping iron ore known in the world.

Vaca Muerta production to reach 113 kboed by 2018

• 04 mayo 2017

Production from the seven most advanced developments in the Vaca Muerta play is expected to increase by 43% in 2017 to 77 kboed, and to double 2016 levels by 2018.

Royalty increases in Brazil: a renewed burden for iron ore miners or a threat to their international competitiveness?

• 28 abril 2017

The new mining code may become effective in less than four months, meaning extra costs for local mining companies.

How much LNG could be marketed in the Caribbean and Central America?

• 21 julio 2017

With the LNG market likely to be oversupplied in the next few years, identifying promising emerging markets is fundamental to a successful commercial strategy.

Frontier opportunities open up in Latin America

• 18 mayo 2017

Uruguay and Argentina may join Brazil in offering frontier exploration acreage along the Atlantic Margin.

Unconventional Play Service

Compare unconventional plays against key producing plays in the US and beyond, and explore their potential using metrics such as costs, economics and risk.

Southern Cone: Natural Gas Opportunities

• 18 julio 2017

Make smarter decisions in the Southern Cone natural gas market and understand its changing outlook.

Uncertainty isn’t good for domestic solar manufacturing. How are suppliers and utilities managing it?

• 25 marzo 2025

The US solar industry is set to add 26 GW in 2025, but uncertainty around federal tax credits, trade policies and Trump’s tariffs is creating challenges for developers and manufacturers

Is the US being left behind in the race to develop new clean energy technologies?

• 01 abril 2025

China is pushing ahead with groundbreaking clean energy tech - can the US keep up? The gang do a deep dive into EVs, policy and the future of innovation.

Tariffs - implications for the oil and gas sector

• 10 abril 2025

Tariffs could shake up oil and gas markets – find out how companies are preparing for price volatility, capital discipline and potential M&A opportunities in a turbulent landscape.

President Trump's inflation fight could put pressure on oil

• 17 marzo 2025

President Trump's push to reduce energy prices faces challenges, with fluctuating oil prices and production hurdles, but his administration’s plan aims to reshape the future of US energy.

Majors' capital allocation in a stuttering energy transition

• 03 marzo 2025

As energy transition challenges mount, oil and gas Majors are pivoting back to upstream - while NOCs step up their low-carbon commitments. What does this mean for the industry's future?

The growth of energy storage seems unstoppable

• 04 marzo 2025

Uncover the explosive growth and game-changing potential of energy storage in the race towards a sustainable power grid