Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
Looking for more LatAmOil articles? Or would you like to find out more about the publication? Keep reading.
Overview
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.
LatAmOil is fully digital publication and can be read in PDF or online.
Try it out
The majority of our premium content is ONLY available to our subscribers.
If you would like to try LatAmOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required.
Simply fill in the form at the bottom of this page and we will send you your first copy of LatAmOil
Need more convincing?
- Check out our client testimonial
- Read a recent issue
- Find out more about a LatAmOil subscription
Venezuelan foreign minister brands US Secretary Rubio "obsessed" over leftist regimes
Venezuela lashed out at US Secretary of State Marco Rubio, branding him a “pathetic obsessed man” after he labelled Cuba, Nicaragua, and Venezuela as “enemies of humanity” and blamed them for the ongoing migration crisis in the region.
Suriname-Guyana basin expected to play critical role in South American oil exploration, report indicates
Global exploration drilling activity is expected to maintain a steady pace in 2025, with 65-75 high-impact wells targeted for completion globally, according to Westwood Energy's latest explorations insights report.
Maduro claims opposition-controlled Citgo withheld $5bn in profits
Venezuela's Nicolás Maduro has accused opposition figures of withholding more than $5bn in profits from Citgo, the US-based subsidiary of state oil giant PDVSA
Petro’s Columbian government crisis to have further impact on oil and gas
The Colombian government of President Gustavo Petro is facing one of its deepest crises, including following a recent chaotic televised cabinet meeting that exposed internal fractures and led to key resignations within the country’s executive.
Mexico's Pemex eyes Asia oil crude sales to dodge Trump tariffs, Mexico exports could be hit
Mexico's state oil company Pemex could avoid new – but delayed – US tariffs by redirecting crude exports to Asia, as US President Donald Trump's 25% levy on Mexican imports threatens its primary export market.
Petrobras eyes fuel prices, China shift boosts Brazil oil
Brazil’s Petrobras is monitoring geopolitical developments to adjust fuel prices as needed, sales director, Claudio Schlosser, told Valor. “At any time, if necessary, we increase or reduce prices, within the commercial strategy,” he said.
Ecuador offers to supply oil to buyers of Venezuelan exports
Ecuador's President Daniel Noboa has offered to supply up to 250,000 barrels per day of oil to nations currently purchasing Venezuelan crude, aiming to curtail funding to Nicolás Maduro's regime.
Canada, Mexico strike deals to delay Trump tariffs
Canada and Mexico both struck deals this week to push back the imposition of 25% tariffs on all goods being exported to the US by 30 days.
Refining performance weighs on US supermajors’ fourth-quarter results
ExxonMobil and Chevron both saw a drag on their earnings for the fourth quarter of 2024 from their refining operations.
Mexico extends lead as top US trade partner
Colombia's oil sector faces double blow as drilling slumps, Petro halts US venture
Colombia's energy sector confronted mounting challenges as drilling activity plunged and President Gustavo Petro ordered state-owned Ecopetrol to divest from its US fracking operations.
OPEC+ continues with production plan despite Trump’s demands
OPEC+ has decided to continue with its current oil production plans after a review meeting on February 2 despite calls from US President Donald Trump to lower crude prices.
Colombia oil drilling slumps 37% as investment retreat hits output
Colombia's oil drilling activity plunged 36.8% in December 2024, with active rigs falling to 24 from 38 a year earlier, Colombian Petroleum and Gas Chamber (Campetrol) reported.
Brazilian consumers struggle with rising fuel and food prices
Brazil faces mounting inflation pressures as petrol and diesel prices increased following state tax hikes, while food costs continue to surge, with coffee hitting 50-year highs amid growing concerns over economic stability.
Brazil’s Petrobras reports production drop despite pre-salt records
Brazil's national oil company (NOC) Petrobras met its 2024 production targets despite posting declines across most operations, with total output falling 3.1% to 2.66mn barrels of oil equivalent per day (boed).
Brazil’s Petrobras gets $174mn payment from PetroRio in Albacora deal
Petrobras has received BRL1.025bn ($174mn) from PetroRio as the final contingent payment for the sale of its stake in the Albacora Leste offshore field, marking the completion of a significant divestment in the Campos Basin.
Russia’s fuel exports to Brazil sharply up, says Russian ambassador
Russia has significantly increased petroleum product exports, mainly diesel, to Brazil since mid-2022, Russian Ambassador to Brazil Alexei Labetsky said.
Colombia's Petro orders Ecopetrol to scrap US deal with Oxy over environmental concerns
Colombian President Gustavo Petro has directed state-controlled Ecopetrol to abandon a joint venture with US-based Occidental Petroleum, citing environmental risks. The project, located in the Permian Basin, was expected to yield approximately 90,000
Brazil’s Petrobras signs major oil supply deal with India
Brazil's national oil company (NOC) Petrobras has agreed to supply 24mn barrels of oil to an Indian state-owned firm as it seeks to diversify its export markets beyond China, according to a senior executive.
ExxonMobil awards Baker Hughes multiyear contract for offshore developments in Guyana
Baker Hughes announced that it had secured a significant multiyear contract from ExxonMobil Guyana to provide speciality chemicals and services for the Uaru and Whiptail developments in the Stabroek block.
Petrobras eyes fuel prices, China shift boosts Brazil oil
Petrobras is monitoring geopolitical developments to adjust fuel prices as needed
Colombia's Ecopetrol extends US fracking partnership with Oxy amid production challenges
Ecopetrol has secured an agreement with Occidental Petroleum (Oxy) to extend its fracking operations in the US Permian Basin until June 2026.
Galp Energia faces output drop in Brazil, CEO resigns
Galp produced 110,000 barrels of oil equivalent per day in Q4 2024, down 13% year-on-year and 2% from the previous quarter. Output in Brazil accounted for 110,000 barrels per day, a 6% drop from a year earlier.
Venezuelan oil exports jump due to increased shipments to China
Venezuelan oil sales climbed to 867,000 barrels per day last month, highlighting the Latin American nation's strengthening position in global energy markets as sanctions relief broadens export opportunities.
Stena Drilling awarded Suriname drilling contract by TotalEnergies
TotalEnergies has awarded a significant offshore drilling contract to Stena Drilling, marking another step forward in Suriname's emerging oil and gas sector.
Follow us online