• News Release

  Solar PV to overtake onshore wind in Latin America from 2023

  • 16 11月 2022

  Solar PV will become the most cost-competitive technology in Latin America from 2023, according to Wood Mackenzie’s latest research report, ‘Latin America levelized cost of electricity (LCOE)’ which examines the power technology and generation landscape across the region to 2050. Solar will also displace onshore wind, currently the most attractive renewable energy source in Brazil, by 2025.

• News Release

  Bolivian gas production to decline faster than expected, exports to Brazil and Argentina to cease by 2030

  • 18 1月 2023

  Bolivian gas production will decline more rapidly than expected, falling from 1,400 million cubic feet per day (mmcfd) in 2022 to as low as 400 mmcfd by 2030, according to a report from Wood Mackenzie, a Verisk business.

• News Release

  High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

  • 16 2月 2023

  The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

• News Release

  Latin America’s natural gas deficit to grow as new resource production remains a challenge

  • 03 5月 2023

  With several challenges facing new gas developments in Latin America, supply will be unable to keep up with demand, driving the need for expanded imports to the region over the next decade, according to a new report from Wood Mackenzie.

• News Release

  With $9B BM-C-33 FID in Brazil, Equinor to increase its deepwater production outside of Norway to 400,000 boe/d by end of the decade

  • 09 5月 2023

  Addressing Equinor’s announced final investment decision (FID) for Brazil’s $9 billion BM-C-33 project, Luiz Hayum, senior research analyst, Latin America and Sub-Saharan Africa Upstream Oil and Gas, said “The BM-C-33 is Equinor’s second FID in a long list of justified for development deepwater projects outside Norway. Once sanctioned, these projects will increase Equinor’s operated deepwater production outside Norway from near zero to 400,000 boe/d by the end of the decade.”

• News Release

  Woodside announces Trion field FID, Mexico’s first deepwater oilfield development

  • 22 6月 2023

  Addressing Woodside’s announced final investment decision (FID) of Trion field, Diego Alviso Becerril, Senior Research Analyst, Upstream Research LATAM, said “This will be Woodside’s first incursion into Mexican waters and Mexico’s first deepwater oil field development. With first oil scheduled for 2028, the development concept considers a US$7.2 billion investment to recover 479 million barrels of equivalent (mmboe).”

• News Release

  New offshore oil and gas developments in Colombia face challenges to deliver on nation’s long-term energy security

  • 28 9月 2023

  Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability and required infrastructure investments all make the situation uncertain, according to a recent report from Wood Mackenzie.

• Webinar

  Webinar | Fueling the Future: Latin America's Upstream Opportunities & Challenges

  • 31 10月 2023

  Join us on October 31st at 2:00 pm CST for an insightful webinar with our industry experts on Latin America's evolving upstream industry.

• News Release

  Fast output recovery of oil and gas still challenging with easing of US sanctions on Venezuela

  • 20 10月 2023

  Addressing the US Treasury Department’s partially lifted sanctions on Venezuela’s oil and gas sector, Adrian Lara, principal research analyst, Latin America Upstream Oil and Gas for Wood Mackenzie said, “Although still conditioned by a subsequent renewal, this new easing of sanctions can certainly be considered a positive move towards the recovery of the Venezuelan oil and gas sector. However, it does not guarantee a rapid or permanent recovery of production, given the required investment needed to deal with current infrastructure repairs and bottlenecks.”

• Webinar

  Latin America’s upstream market: 2023 in review and key outlooks for 2024

  • 06 2月 2024

  Join Wood Mackenzie's industry experts on February 6th, 2024 at 2:00 PM CST, as they explore why Latin America's upstream sector might continue to grow despite the lack of recent discoveries in key basins.

• Featured

  Exploration under the microscope in 2022

  • 13 12月 2021

  What lies ahead for oil and gas exploration? As investors and activists ask how the search for new fields squares with the need to accelerate the energy transition, our experts pick out five key themes to look for in 2022.

• Opinion

  The Energy Gang podcast: Where will DOE’s loan program make the next climate tech investments

  • 21 10月 2021

  The U.S. Department of Energy is crucial for funding, researching, and testing emerging energ...

• Opinion

  Can Brazil’s mature pre-salt oil fields continue stellar performances?

  • 08 3月 2022

  Brazil's three most mature pre-salt fields – Tupi, Iracema and Sapinhoá – have entered their decline phase, but significant volumes and value can still be recovered.

• Opinion

  Colombia upstream: digging into multi-level intelligence

  • 13 9月 2022

  In a year of significant change and new challenges, granular, asset-level valuation data is more important than ever.

• Opinion

  Petrobras kicks off Marlim revitalisation project in Brazil

  • 23 5月 2023

  Market activity is picking up for Petrobras – developments are moving forward quickly, while exploration remains slow.

• Opinion

  Energy transition in the Americas: three key questions

  • 07 6月 2023

  The US, Canada and Latin America face different dilemmas in the drive to decarbonise

• Opinion

  How Colombia could lead Latin America through the energy transition

  • 23 5月 2023

  As investment into zero carbon technology ramps up around the world, Colombia has a range of opportunities to diversify.

• Opinion

  Gas resources in Latin America: the challenges to development

  • 03 5月 2023

  Natural gas demand is on the rise in Latin America – the region will need to maximise its gas supply to counter production decline in some countries.

• Opinion

  The limits to resource nationalism for lithium

  • 12 5月 2023

  Chile’s president is moving to take greater control of the country’s lithium resources. It still needs to attract international companies.

• Opinion

  The power of the sun: supporting energy security in Puerto Rico

  • 24 4月 2023

  Wood Mackenzie teamed up with Let’s Share the Sun to boost a local community’s access to reliable and affordable power.

• Opinion

  Green signals but no sharp turns expected in Brazil

  • 07 11月 2022

  Lula’s victory in the presidential election means a stronger emphasis on curbing emissions, but no radical changes in energy policy.

• Editorial

  10 factors that influence upstream production shut-in decisions

  • 23 4月 2020

  How do oil and gas producers decide when to shut in production? Asset economics are critical, but are not the only factor leading to production being shut-in. Here we look at 10 factors that influence upstream shut-in decisions.

• The Edge

  Guyana – global oil’s new king of the heap

  • 10 3月 2020

  Guyana’s oil, only just being commercialised, promises to transform the nation’s wealth. How can the South American country make the most of it? Find out more in this week's Edge.

• Featured

  How will global gas and LNG markets respond to oversupply in 2020?

  • 10 2月 2020

  What will 2020 look like? And what could happen that will shape the market longer term?

• Featured

  What does 2020 hold for the global upstream oil and gas industry?

  • 08 1月 2020

  What does 2020 hold for the global upstream oil and gas industry? 2020 is a year of what-ifs for producers and suppliers; uncertainty will keep spending low and growth slow.

• The Edge

  COP29 key takeaways

  • 25 11月 2024

  Progress on finance and carbon, but still much to do in Belém

• Opinion

  What does a second Trump term mean for US solar?

  • 03 12月 2024

  Could the repeal of the Inflation Reduction Act reshape the future of US solar? Hear Sylvia Leyva Martinez and Martin Pochtaruk from Heliene tackle policy changes, trade challenges and the critical skills gap in solar manufacturing.

• Opinion

  Threats to oil supplies show the limits of US production growth

  • 08 10月 2024

  The US is sometimes thought to be immune to the impact of a steep rise in crude prices, because of the strength of its oil industry. But that view is an oversimplification. How might US E&Ps respond to disruption to global oil supplies?

• Opinion

  How are tariffs and trade policies impacting green energy growth in the US?

  • 22 10月 2024

  Global investment in renewables is set to surpass US$2 trillion by 2030, creating jobs, lowering costs and making the U.S. more competitive. But with bottlenecks like transmission gridlock and permitting delays, how can we ensure clean energy initiatives deliver maximum impact?

• Opinion

  Tech companies accelerate nuclear deployment

  • 18 10月 2024

  Nuclear power can play an important role in tackling climate change and strengthening energy security. Its big problem has been buyers have not been willing to pay a premium for 24/7 carbon-free power. This week, that started to change.