wn1sdwk000IN4
Sign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.
With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.
Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities across the gas value chain, and boost investment in the country’s pre-salt.
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.
Viewing page 1 of 1