What can Guyana learn from the Venezuela crisis?

• 19 febrero 2019

Lessons for Guyana's oil and gas industry from Venezuela.

Are frontier plays worth the risk?

• 06 junio 2018

With deepwater project economics becoming competitive to tight oil and a renewed international interest in such areas as deepwater Mexico and pre-salt Brazil, exploration is once again in the limelight.

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.

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.

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.

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.

US$210bn of new spend in firing line as players target cost cuts

• 02 abril 2020

The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.

Webinar: Oil price crash: navigating the impact on activity, supply chains and cost

• 08 abril 2020

In this webinar we bring together experts from Wood Mackenzie’s Lower 48, upstream and upstream supply chain teams as well as our sister company, Power Advocate, to discuss the impact of the oil price crash on activity levels, the service sector industry and costs.

Petrobras acts to protect gas value chain as Brazil demand slumps

• 24 abril 2020

Petrobras’ handling of the crisis it faced as Brazilian gas demand slumped earlier this month offers valuable lessons to integrated players, Mauro Chavez, head of Latin America Gas & LNG at global natural resources consultancy Wood Mackenzie, says.

Webinar | Sub-Saharan Africa's response to low prices and coronavirus

• 13 mayo 2020

Join Wood Mackenzie's Sub-Saharan African upstream team for its analysis on the fall-out from the oil price crash and the coronavirus pandemic. We will cover: • Not out of the woods yet: the impact of coronavirus in Sub-Saharan Africa • Before and after 9 March: Sub-Saharan Africa investment and production outlook • Cut, cut, cut: which projects are delayed in 2020/21? • What does it mean for the majors in Sub-Saharan Africa? • What can governments do to fight capital flight? A 20-minute presentation will be followed by a Q&A session with our expert panelists.

Mexico, Central America and Caribbean power up with record wind capacity

• 18 junio 2020

Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.

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.

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.

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.

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.

Latin America: 5 things to look for in 2025

• 07 enero 2025

The Latin America upstream sector will continue with its successful track record of expanding production but will also face challenges in 2025.

US upstream gas sector poised to gain from higher Henry Hub prices

• 29 mayo 2025

Discover why US gas producers are poised for gains as Henry Hub prices surge, and what it means for Big Oil's investment strategies

It’s turbulent times for the wind sector in the US, but the outlook is better across the pond

• 03 junio 2025

As US wind energy faces headwinds, what can it learn from Europe's thriving offshore wind industry to navigate turbulent policy waters?

Energy and the ‘big beautiful bill’

• 06 junio 2025

Dive into the high-stakes world of energy policy and its role in the US-China AI race, featuring insights from top experts at the ACORE Finance Forum in New York

What comes after the Permian for IOCs?

• 22 mayo 2025

Discover how oil companies are strategising to maintain their edge as the Permian Basin approaches peak production and what this means for the future of US energy leadership