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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ExxonMobil Guyana says Longtail emissions will represent 0.003% of global output with 2030 start
Mexico's Pemex drilling collapses 64% in two years as upstream sector enters managed decline
Mexico's Pemex posts losses in first quarter despite higher oil prices as crude exports fall sharply
Argentina's Vista Energy raises output forecast and advances RIGI plans amid higher oil prices
Argentina’s shale oil producer Vista Energy has increased its 2026 production guidance and confirmed plans to submit projects under the government’s RIGI investment incentive scheme.
Argentina oil firms fund road upgrades to support Vaca Muerta expansion
Eleven of Argentina’s leading hydrocarbon companies have joined a trust fund to finance road infrastructure in Neuquén province.
Parex nears Colombia expansion as Frontera asset sale clears court approval
Colombia’s upstream oil sector is poised for further consolidation after Frontera Energy secured judicial approval for a transaction that would transfer its domestic assets to Canada’s Parex Resources, the company said
Colombia's Ecopetrol partners Parex in $250mn oil field fevelopment deal
Colombia’s state-controlled oil company Ecopetrol has agreed a $250mn investment deal with Canada’s Parex Resources to jointly develop five oil fields, the company said
Cuba faces renewed energy strain as Russian oil relief fades
Cuba is heading back towards severe power shortages as a temporary boost in fuel supplies from Russia runs out, threatening economic activity and daily life
Trump signals US could quickly move to control Cuba
United States President Donald Trump said Washington could “take over” Cuba “almost immediately”, signalling a potential military posture alongside new sanctions targeting the island’s government and its economic network
Venezuela oil exports jump to seven-year high on US, India demand
Venezuela’s crude exports surged in April to their highest level in more than seven years, climbing 14% to 1.23mn barrels per day (bpd) as shipments to the US, India and Europe increased alongside a recovery in output and falling inventories
Brazil boosts output at Búzios field
Petrobras has started oil production at the Búzios 8 project using the P-79 floating production unit in the Búzios field in the Santos Basin, the company said, bringing forward the timeline set in its business plan.
Latin America energy project pipeline tops $1.0 trillion, Brazil leads
Energy developers across Latin America and the Caribbean are advancing projects with a combined estimated capital expenditure of over $1 trillion, with Brazil accounting for nearly half of all developments in the pipeline.
Brazil has no timeline for fossil fuel phase-out roadmap, official says
Brazil has no set date to publish its roadmap for phasing out fossil fuels, a senior environment ministry official said, with the plan handed to the national energy policy council after ministries failed to meet a deadline earlier this year.
OPEC+ core adjusts output as UAE finalises institutional withdrawal
The UAE has formally withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), deepening its strategic pivot away from multilateral energy frameworks
Goldman Sachs raises Latin America inflation forecasts as oil shock filters through region
Goldman Sachs warns Latin America's inflation fight is far from over. As oil prices stay higher for longer, price pressures are spreading beyond fuel — and central banks are running out of room to look the other way.
GeoPark advances drilling and expansion at Vaca Muerta block
GeoPark has begun drilling lateral sections at its Loma Jarillosa Este block in Argentina’s Vaca Muerta shale formation during the first quarter of 2026.
Colombia's Ecopetrol bonds rally faces political test ahead of vote
Ecopetrol’s bond rally is increasingly tied to Colombia’s presidential election outlook, with investors reassessing credit risk as the vote on May 31 approaches
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