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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Suriname deepens and widens main river channel to absorb offshore oil logistics surge
Suriname is advancing a major upgrade of its principal inland navigation corridor as part of a broader effort to accommodate rising industrial and maritime demand linked to offshore hydrocarbons development.
Brazil’s Petrobras backs first biorefinery
Petrobras plans to invest BRL6bn ($1.11bn) to convert its Riograndense refinery in southern Brazil into the country’s first biorefinery, company president Magda Chambriard said.
Abu Dhabi's ADNOC weighs Venezuelan gas entry as it expands global portfolio
Abu Dhabi National Oil Co. (ADNOC) is assessing potential opportunities in Venezuela’s natural gas sector as the United Arab Emirates’ state energy giant looks to expand its international gas footprint
Trinidad and Tobago faces 40% natural gas supply shortfall, energy chief warns
Trinidad and Tobago is producing around 2.6bn cubic feet of natural gas per day (73.6mn cubic metres), creating a supply gap of approximately 40% against downstream industrial demand, the head of the country's Energy Chamber said.
Trinidad's NGC signs gas supply deal with EOG Resources
Trinidad and Tobago's National Gas Company has signed a natural gas supply agreement with EOG Resources Trinidad Limited, the state-owned firm said in a press release, as it seeks to bolster domestic energy supplies.
Guyana faces new oil and gas reality amid US action in Venezuela
Guyana's oil and gas sector faces a renewed economic landscape following the capture of Venezuelan President Nicolás Maduro by US forces.
Norwegian firm wins contract for ExxonMobil oil platform installation offshore Guyana
Norwegian marine services company DOF Group has secured a major contract to install mooring equipment for a large floating oil platform off the coast of Guyana in South America, Offshore Engineer and energy-pedia news reported.
Mexico petroleum exports to Cuba hit $558mn in 2025
YPF divests from two conventional assets to focus on Vaca Muerta shale production
Argentine national oil company YPF has signed agreements to divest two conventional production areas as part of its strategic pivot toward Vaca Muerta, capitalising on Argentina's record-breaking oil output driven by activity in the shale formation.
MidOcean Energy considers stake in Argentina LNG
Discussions remain in the preliminary stage and MidOcean Energy could still back out.
Venezuela signs first-ever LPG export contract under interim government
Interim president Delcy Rodríguez announced the agreement during an event broadcast on state television
India’s MRPL weighs Venezuelan crude as Russian oil imports halt
The company is no longer processing Russian barrels and is reviewing alternative sources that meet both regulatory and commercial requirements
Oil majors seek more control as Venezuela weighs energy revival
International oil companies are urging swift action from Washington and Caracas to restart Venezuela’s oil industry, making clear that any new investment hinges on greater control over the barrels they produce
Brazil biofuel sector eyes $18bn investments by 2035 on new law
Brazil's biofuel industry is expected to invest BRL106.7bn ($18bn) in expanding production capacity over the next decade, driven by incentives in the country's Future Fuel Law, according to estimates from the Energy Research Company.
Brazil’s Batista brothers eye Venezuela oil projects as political transition unfolds
Brazilian billionaire Joesley Batista and his family are positioning themselves to enter Venezuela's oil sector through existing stakes and potential new investments as the country undergoes political transition, according to sources.
Conoco's long shadow in Venezuela
ConocoPhillips is weighing calls from US President Donald Trump for American oil producers to commit large-scale investment to Venezuela, a country where the company has a long record of political risk, financial disputes and personal danger.
Venezuela oil flows hit hard stop
Venezuela’s overseas oil shipments have fallen sharply since US forces removed President Nicolás Maduro in early January, disrupting routes to Asia and reshaping trade flows for buyers including China.
Vitol tests China demand with narrower discounts on Venezuelan crude
Foreign oil trader Vitol Group has begun offering Venezuelan crude cargoes to Chinese buyers at slimmer discounts than seen in recent years, signalling renewed confidence in Asian demand for the South American nation’s heavy oil
Canada's Parex Resources' output in Colombia rises on new wells in late 2025
Canada-based Parex Resources increased its oil and natural gas production in Colombia in the fourth quarter of 2025, supported by new wells brought online in the Llanos basin
China moves to protect Venezuelan loan portfolio as Washington asserts control
China has begun approaching both Venezuelan officials and the United States government to safeguard repayment of substantial loans to Caracas, as the South American nation undergoes dramatic political change following Nicolás Maduro's ouster.
US New Fortress Energy ties Brazil gas terminal restart to debt restructuring
US liquefied natural gas (LNG) infrastructure company New Fortress Energy has submitted two alternative timelines to restart its idled Brazilian regasification unit, with the schedule contingent on progress resolving the company's debt pressures.
Support vessels depart for Brazil’s Campos Basin Raia gas pipeline construction
Two offshore support vessels contracted by Saipem have cleared customs in Rio de Janeiro and are heading to the Campos Basin to begin construction of the Raia project gas pipeline, one of Brazil's largest natural gas developments.
Brazil’s Petrobras surpasses production targets, sets records in 2025
Brazil's state-owned oil company Petrobras exceeded its annual production targets and set historical records across multiple metrics in 2025, with oil output reaching 2.40mn barrels per day, an 11% increase from 2024.
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