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

• 06 November 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.

Battery storage begins to play a key role for US grids

• 24 May 2024

California and Texas increasingly rely on battery storage to balance their grids. As solar and wind power continue to grow, other states are likely to follow.

Private equity's future in US Gulf of Mexico deepwater

• 19 September 2018

With many Independents and Majors chasing onshore shale and white hot Brazil and Mexico, the US Gulf of Mexico, once the coveted jewel of the oil industry, has become a lower investment priority in recent years. This has opened the space for private equity-backed companies who have stepped up to the plate, turned pennies into dollars and shown they have what it takes to compete.

OPEC+ set for rollover but risk clouds supply outlook

• 30 June 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.

COP30

• 08 September 2025

COP30 in Brazil could be a turning point - discover what’s at stake, from climate finance to forests and why this summit matters for the path to net zero

Vaca Muerta production to reach 113 kboed by 2018

• 04 May 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.

Five key takeaways from COP30

• 25 November 2025

COP30 delivered cooperation but little real progress - here’s what the climate summit revealed about finance, trade, methane and the world’s path to net zero

Optimism amidst despair: key takeaways from the 17th Lithium Supply and Battery Raw Materials Conference

• 04 July 2025

Industry maintains long-term confidence despite oversupply challenges, but Western players risk falling behind China's strategic investments.

COP29 faces climate finance challenge

• 12 November 2024

The COP29 climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.

Will energy storage save the grid?

• 04 November 2025

AI, electrification and volatility are testing the grid, can batteries save it? Discover how energy storage and smart software are reshaping reliability for the next era of power

The growth of energy storage seems unstoppable

• 04 March 2025

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

Webinar Replay | Brazil gas and power market: how will coronavirus affect future development?

• 05 May 2020

Brazil’s industrial gas demand had already started to decline in March, after coronavirus containment measures were put in place in Sao Paulo and Rio de Janeiro states. However, as lockdowns took effect across the country in the first two weeks of April, demand plunged. The oversupply has forced Petrobras to take action to mitigate the damage across the gas value chain and used its portfolio in an integrated and coordinated approach. • Covid-19 impact in the gas and power demand, and crisis management implemented by Petrobras • New power dispatch and gas market trends post Covid-19 • What to expect for LNG, Bolivian and domestic prices in the short term? • Lessons learned to gas marketing and infrastructure development players.

Five themes shaping the energy world in 2025

• 08 January 2025

What opportunities, challenges and risks does the world of energy and natural resources face in 2025? From geopolitics to Big Oil M&A and innovation in power. Our experts share their thoughts.

Three factors driving US liquids production to new heights

• 05 September 2024

Our US upstream team identify three drivers of the US’ ascent to the top of the global supply league table and why it’s now the main growth engine for three of the four largest Majors.

What the US attack on Iran’s nuclear installations means for energy

• 23 June 2025

US strikes on Iran raise geopolitical tensions and energy risks; oil, LNG markets react cautiously. Plus: clean energy tax cuts, Spain blackout inquiry.

Assessing the risks to US renewables

• 17 September 2024

US tax credits for low-carbon energy have bipartisan support, but could still come under pressure in the next Congress. Wood Mackenzie has modelled a “severe downside scenario” to show the possible impact on investment if the credits are cut.

Permitting reform plans raise hopes for accelerated investment in US infrastructure

• 06 August 2024

Senator Joe Manchin is facing one last job before leaving Congress: passing legislation that could transform the outlook for energy investment in the US. His permitting reform bill aims to realise the potential of the Inflation Reduction Act.

Green signals but no sharp turns expected in Brazil

• 07 November 2022

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

Mexico Gas & Power Service

Anticipate trends and make smarter decisions with short- and long-term outlooks detailing the economics of Mexico gas, power, & renewables markets.

Energy transition outlook: Americas

• 27 February 2025

The energy transition pace varies across the Americas – what would it take to get the whole region onto a net zero pathway?

Horizons Live: Trading cases

• 06 June 2025

Our panel explored how the Trump administration's 'Liberation Day' tariffs marked a pivotal moment in global trade, potentially reversing the effects of China's 2001 WTO entry and accelerating deglobalization trends

Navigating the world after OB3

• 16 September 2025

From OB3’s supply chain shockwaves to Texas battery manufacturing and AI’s growing role in storage, explore how policy and innovation are reshaping the future of clean energy

Could your EV power your home?

• 26 August 2025

Discover how EVs could become energy assets, powering homes and supporting the grid while accelerating the shift to clean transportation

How can we ease stress on the grid?

• 05 November 2024

How can strategic solar placements strengthen our grid? CEO Gregg Felton discusses building solar near energy hubs to relieve grid stress and support decarbonisation goals.

How banks and government are working together to achieve net zero in the UK

• 07 May 2024

Heather Buchanan joins us to discuss the collaboration needed between banks and policymakers to drive forward the energy transition. Listen now for insights into the Bankers For Net Zero initiatives and milestones, exploring the financial implications of decarbonising banking products by 2050.

What do China’s climate commitments mean for energy?

• 26 September 2025

China’s latest climate pledge could reshape the global energy transition but is it ambitious enough?

What’s next for energy after the US elections?

• 11 November 2024

With a new Trump administration set to steer US energy policy, what changes lie ahead for energy? Join Ed Crooks and expert guests as they break down the impacts on energy policy, renewables and the Inflation Reduction Act.

What does 2024 have in store for energy?

• 09 January 2024

Curious about the future of energy in 2024? Join Ed Crooks and experts Amy Myers-Jaffe and Dr Melissa Lott as they discuss the influence of elections, COP events, and cutting-edge technologies like enhanced geothermal power.

Thanksgiving special: a family debate about energy | Podcast

• 17 November 2023

Join The Energy Gang for a Thanksgiving special! Toby and Danny Rice debate the role of natural gas in our quest for cleaner energy. Is it a solution or a compromise?

Brazil and ExxonMobil win big at oilfield auction

• 05 October 2017

Following Brazil's record oil field auction yesterday, where ExxonMobil (NYSE: XOM) vastly expanded its presence in the country with winning stakes in ten blocks, including eight deepwater blocks in the Campos basin, Horacio Cuenca, Research Director, Upstream Latin America at Wood Mackenzie offers the following commentary.