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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US court rejects Argentina's request to block release of communications in YPF case
US Judge Loretta Preska has rejected Argentina's request to reconsider an order compelling the release of government communications related to the multi-billion-dollar lawsuit over YPF's 2012 nationalisation.
Karoon Energy boosts offshore oil reserves in Brazil
Karoon Energy said it has started a revitalisation and life extension programme for the Baúna project offshore Brazil, covering the Baúna, Piracaba and Patola fields.
Argentina opposes US court order to release oil-related government communications
Argentina has petitioned US Judge Loretta Preska to reconsider her order compelling the release of government communications related to the multi-billion-dollar lawsuit over the 2012 nationalisation of oil company YPF.
Argentina hits highest oil output since 1999
Argentina's oil production reached a historic milestone in July, hitting 811.2 thousand barrels per day, marking the highest output since 1999, according to the Energy Secretariat.
Trump-era licence reshapes Chevron’s role in Venezuelan oil
The US major remains a vital partner for PDVSA, contributing roughly a quarter of Venezuela’s total oil output, far above Russian and Chinese ventures, which produce about 10% each
Guyana election on September 1 set to shape oil and gas future
Guyanese voters head to the polls on September 1 in a pivotal general election that will determine whether President Irfaan Ali's People's Progressive Party/Civic maintains its parliamentary majority amid the country's rapid oil drive.
Brazil, Mexico unite on biofuels as US tariffs loom
Brazil and Mexico signed agreements to expand cooperation in agriculture, biofuels, trade and investment at the start of a bilateral summit in Mexico City.
Brazil’s Petrobras launches tender to modernise Rio refinery thermal power plant
Petrobras initiated a tender to modernise the thermal power plant at its Duque de Caxias refinery (Reduc) in Rio de Janeiro's metropolitan region, aiming to upgrade power generation systems while reducing emissions and operating costs.
Brazil launches largest organised crime operation targeting $9.6bn fuel sector network
Brazilian police executed 350 search and seizure warrants across eight states to dismantle a massive money laundering network that allegedly concealed BRL52bn ($9.6bn) in illicit gains through the fuel sector over four years.
Brazil’s Petrobras advances toward Amazon drilling following emergency simulation completion
Petrobras moved closer to Amazon offshore exploration after completing a comprehensive emergency response exercise in the Foz do Amazonas basin, with environmental regulator Ibama now reviewing documentation for final drilling licence approval.
Arrow exploration advances Colombia operations despite sector headwinds
Arrow Exploration has delivered robust operational progress in Colombia's challenging petroleum landscape, with production climbing 48% year-on-year to 3,768 barrels of oil equivalent daily in the second quarter.
Mexico's Pemex will remain Treasury's biggest liability: UBS
Mexican state oil company Pemex will continue as the Finance Ministry's largest liability for the foreseeable future despite government rescue efforts, Swiss bank UBS warned, Bloomberg Línea reported.
Suriname's Staatsolie unveils ambitious plan to diversify energy sector
Suriname's national oil company Staatsolie announced in a press release that it will launch an "open-door offering" in November for offshore exploration areas, positioning the country to diversify its energy partnerships.
Incumbent party enjoys comfortable lead in Guyanese election poll
A recent WIC News online poll suggests Guyana's ruling People's Progressive Party/Civic (PPP/C) could secure a decisive victory in the September 1 general elections, with the country's energy future at the top of the agenda.
Golar LNG contracts Singapore's Seatrium to refurbish FLNG for Argentine project
Golar LNG has contracted Singapore-based Seatrium to refurbish its floating liquefied natural gas unit ahead of a major 20-year deployment off Argentina's Atlantic coast.
ExxonMobil enters Colombia gas import race after abandoning fracking operations
ExxonMobil is positioning itself to compete in Colombia's nascent natural gas import market through a planned regasification facility in La Guajira, marking the US energy giant's strategic pivot after exiting hydraulic fracturing ventures.
Brazil court halts sanctions under biofuels credit scheme
A federal appeals court in São Paulo has temporarily suspended penalties imposed by Brazil’s hydrocarbons regulator ANP on companies under the Renovabio biofuels programme.
Brazil shifts beef tallow to domestic biodiesel after US tariffs
Brazil’s use of beef tallow for biodiesel production is expected to increase, as domestic demand could offset a likely drop in US imports following new tariffs on Brazilian beef and by-products.
Tinubu urges Petrobras to return to Nigeria’s energy sector, seeks deeper Brazil ties
Nigerian President Bola Tinubu has called on Brazil’s state-owned oil company, Petrobras, to return to the West African country and contribute to unlocking its substantial gas reserves.
Southern Energy receives 30-year LNG export certificate in Argentina
Argentina's Ministry of Energy has granted Southern Energy SA a 30-year LNG export certificate through Resolution 353/2025, marking a significant milestone in the country's ambitions to become a major global liquefied natural gas supplier.
Guyanese government pledges second gas-to-energy plant ahead of elections
Guyana's ruling People's Progressive Party/Civic has unveiled ambitious energy expansion plans centred on the Wales Gas-to-Energy project as the September presidential election approaches.
Shell and TotalEnergies share MOL cargo vessel for Brazilian offshore operations
Mitsui O.S.K. Lines (MOL) arranged for Shell Brasil Petróleo to jointly use its SeaLoader 1 cargo transfer vessel with TotalEnergies EP Brasil, marking expanded shared utilisation of specialised offshore equipment in Brazil's Santos Basin.
Solstad Offshore secures $65mn in Brazilian and international vessel contracts
Solstad Offshore won two contracts worth $65mn combined for its Normand Turmalina and Normand Superior vessels, extending operations in Brazil and internationally through 2029.
Petrobras reaches 50mn cubic metres daily gas processing milestone
Petrobras achieved a new natural gas processing record, surpassing 50mn cubic metres per day (cbmd) on 23 August.
Nigeria and Brazil deepen cooperation as Tinubu calls for Petrobras return
Nigerian President Bola Tinubu urged Petrobras to resume operations in Nigeria during a state visit to Brasília, emphasising the company's potential role in unlocking Nigeria's vast gas resources as both nations signed several cooperation agreements.
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