Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
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LatAmOil provides oil and gas Insight and Foresight from Mexico and Central America to the Caribbean and South America. From the heavyweight producers such as Brazil to emerging frontiers like Guyana, LatAmOil informs you of what is going on and why through commentary, exclsuive interviews, news and analysis. In such a notoriously challenging environment, in-depth and accurate information makes every difference in vital decision making and strategy – LatAmOil brings this directly to your inbox every week.
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Guyana seeks partnership with Suriname to develop gas-powered industrial hub
Guyana's President Irfaan Ali is seeking a partnership with Suriname to develop a gas-powered industrial hub on South America's north coast, aiming to diversify an economy heavily dependent on oil revenues.
Ecuadorian wildlife refuge contaminated by oil spill
Ecuador's Manglares Estuario Río Esmeraldas wildlife refuge has been contaminated by an oil spill that occurred in Esmeraldas province, according to a report from the Ministry of Environment, Water and Ecological Transition.
Petronas mulling Argentine Vaca Muerta withdrawal
Petronas may be exiting Argentina's Vaca Muerta shale play, with the Malaysian national oil company launching a process to sell its 50% stake in the La Amarga Chica joint venture with YPF.
Colombia's offshore gas ambitions: Petrobras and Ecopetrol's strategic venture
Colombia is poised to significantly bolster its natural gas reserves through a collaborative offshore project between Brazil's Petrobras and Colombia's Ecopetrol.
UK STRYDE's mini seismic system enters Latin American market: Colombia key role
STRYDE, a leader in onshore nodal seismic technology, has announced the sale of its Mini Seismic System to Colombia's Energy Geophysical Services SAS (EGS), marking its first entry into the Latin American market.
YPF to join stimulus programme to boost funding for Vaca Muerta pipeline
Argentina has granted national oil company YPF access to a key government stimulus program to support the development of a major pipeline project from the Vaca Muerta shale formation to a port in Rio Negro Province.
Guyana threatens action against residents who support Venezuelan Essequibo election
Venezuela's plans to elect a governor for the disputed Essequibo region have sparked a stern warning from Guyana, with the government threatening treason charges against any residents who support the Venezuelan electoral process.
Guyana revokes Frontera-CGX oil prospecting licence
Guyana has officially revoked the oil prospecting licence for the Corentyne block from the Frontera-CGX joint venture.
ABS awards notation to Guyanese FPSO for sustainability
The FPSO Liza Unity, operated by SBM Offshore, has been awarded the SUSTAIN-2 notation by the American Bureau of Shipping, marking a significant achievement in maritime sustainability standards.
Ecuador's oil future at a crossroads as presidential candidates seek divergent paths
Ecuador President Daniel Noboa's plan to revitalise the country's largest oil field appears to be unravelling amid his challenging re-election campaign ahead of the April 13 runoff vote.
International interest in Argentina's oil assets on the rise as Chevron and Shell boost involvement
Shell and Chevron have joined the Vaca Muerta Sur project as new shareholders, expanding the consortium behind what's been described as “the most important oil transport infrastructure project of the last decades."
Petrobras begins talks on long-term LNG deal with US suppliers
Brazil’s state-owned Petrobras is in the midst of discussions with US LNG suppliers on a long-term import agreement.
Venezuela’s federation of chambers and businesses stands by Maduro’s economic strategy amid Chevron exit
Venezuela’s Federation of Chambers and Businesses (Fedeindustria) reiterated its commitment to driving the nation’s economic development, with its president, Orlando Camacho, securing another term for 2026-2028.
Venezuela’s Maduro escalates attacks on Exxon amid Guyana oil dispute
Venezuela’s government continues to target Exxon Mobil, accusing the US energy giant of fuelling diplomatic tensions with Guyana over the disputed Essequibo region.
Venezuelan opposition unveils energy plan to attract global investors
Venezuela’s opposition has outlined an ambitious plan to privatise the country’s oil industry, aiming to boost production beyond 3mn barrels per day and transform Venezuela into the “energy hub of the Americas”
Venezuela to resume US deportation flights amid Chevron dispute
Venezuela has agreed to restart deportation flights for its citizens following a brief suspension in response to the Trump administration’s decision to revoke Chevron’s operating license in the country.
Guyana expels 75 Venezuelans from disputed oil region amid escalating tensions
The Essequibo region, which is rich in oil resources, has been a flashpoint between Venezuela and Guyana for decades. Since ExxonMobil’s discovery of substantial crude reserves there in 2015, tensions have grown sharper
Chevron seeks alternatives to Venezuelan oil from Latin America and the Middle East
Chevron Corp. is exploring alternatives to replace Venezuelan crude at its refineries, with a focus on oil from Mexico, Brazil, and the Middle East.
Colombia's Ecopetrol Cartagena refinery faces power supply challenges
Ecopetrol's Cartagena Refinery (Reficar) has been experiencing power outages due to design flaws in its electrical substation. To address this issue and ensure uninterrupted fuel supply, Ecopetrol has initiated a comprehensive 15-step action plan.
YPF to divest from offshore Argentine assets to focus on Vaca Muerta
Argentina's national oil company YPF is accelerating its divestiture plans, aiming to offload controlling stakes in offshore exploration projects in Argentina and Uruguay.
Venezuela's Citgo reports $146mn Q4 loss following declining refining margins
The company, in its latest financial report, attributed the decline in part to scheduled maintenance during the second quarter, which disrupted output at a time of already challenging market conditions
Maduro invites global investment in Venezuela’s energy sector
With vast reserves of oil and gas, Maduro insisted that Venezuela has the resources and expertise to drive forward economic expansion despite international sanctions
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