LatAmOil - Latin America Oil & Gas

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Oil & Gas

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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Venezuelan oil shipments to India climb as Rodríguez seeks deeper energy ties

5 June 2026

Venezuela has strengthened its position in India’s crude market, emerging as the country’s third-largest oil supplier this month as acting President Delcy Rodríguez pursues closer energy cooperation with New Delhi

India signals support for deeper energy ties with Venezuela despite lack of formal agreements

5 June 2026

India's officials suggested the discussions could help pave the way for greater involvement by Indian companies in Venezuela’s oil industry

PDVSA highlights state-led output gains as Venezuela targets higher crude production

5 June 2026

According to figures cited by authorities, 61% of the total growth is attributable to the efforts of PDVSA and the Joint Ventures, reflecting increases of 102,000 and 166,000 bpd respectively.

Ocean Installer lands Brazil subsea deal

4 June 2026

Ocean Installer, a subsidiary of Norway’s Moreld, has secured a contract from Equinor for work on the Bacalhau offshore oil project in Brazil, marking the company’s first award in the country and its entry into the Brazilian subsea market.

Brazil oil output hits fresh high

4 June 2026

Brazil’s oil and natural gas production reached a record 5.64mn barrels of oil equivalent per day in April, marking the third consecutive monthly high, according to data released by the National Petroleum Agency (ANP).

Venezuela's Rodríguez visits India to seal Caracas's oil comeback

4 June 2026

Behind Delcy Rodríguez's New Delhi visit lies a bigger story: how Venezuela's resurgent oil exports fit into Washington's strategy to wean India off Russian crude.

Rockhopper advances Falklands' Sea Lion project with first oil targeted for 2028

4 June 2026

Rockhopper Exploration said its Sea Lion offshore oil project north of the Falkland Islands moved into the full development phase in 2025 after receiving final sanction and financing, with first oil production targeted for the first quarter of 2028.

TGS targets 2030 start-up for $3bn natural gas liquids project in Argentina

4 June 2026

Transportadora de Gas del Sur (TGS) expects its $3bn NGL processing and transportation project in Argentina to enter service by the southern hemisphere winter of 2030.

New York appeals court rejects Burford bid to revive $16bn YPF Argentine expropriation judgment

4 June 2026

A US appeals court in New York has rejected an attempt by litigation funder Burford Capital to obtain a further review of a ruling that overturned a more than $16bn judgment against Argentina over the 2012 nationalisation of YPF

Fuel shortages deepen Havana waste crisis as rubbish piles up

4 June 2026

Havana is facing a worsening waste management crisis as fuel shortages and disruptions to municipal services leave rubbish accumulating across the Cuban capital, affecting public health and sanitation conditions

Canada's Sherritt names interim finance chief amid Cuba sanctions pressure

4 June 2026

Sherritt International has appointed long-serving executive Fitzroy Richardson as interim chief financial officer as the Canadian mining company works through financial and regulatory challenges stemming from tighter US sanctions on Cuba

Costa Rica tests first agrovoltaic project to expand solar use on farmland

4 June 2026

Costa Rica has launched its first experimental agrovoltaic facility, combining crop production and solar power generation on the same plot of land

Brazil’s Petrobras joins diesel aid plan

3 June 2026

Petrobras’ board has approved the company’s participation in Brazil’s public subsidy scheme for diesel producers and importers, granting payments of BRL1.12 ($0.23) per litre sold for road transport use.

Venezuela taps Hogan Lovells to lead $170bn debt restructuring effort

3 June 2026

The total includes defaulted sovereign debt, obligations linked to state-owned oil producer PDVSA, institutional borrowing and accumulated interest built up over recent years

Rodríguez begins India visit as Venezuela seeks deeper energy ties

3 June 2026

Venezuelan interim President Delcy Rodríguez arrived in New Delhi on June 3 for a five-day visit centred on strengthening energy cooperation with India, as both countries seek to expand commercial ties amid turbulence in global oil markets

ExxonMobil weighs return to Venezuela as oil opportunity meets financial risks

3 June 2026

ExxonMobil is discussing the possibility of securing new oil production rights in Venezuela, a move that could reshape the company’s long-term strategy and mark a return to a market it left years ago following legal disputes

Venezuela Energy Week aims to draw investment for oil expansion

3 June 2026

The conference and exhibition is being promoted as the country’s principal platform for global energy investment

Colombian energy firms eye Venezuela as industry rebuild draws interest

3 June 2026

Venezuela’s vast hydrocarbon wealth is drawing renewed attention from Colombia’s energy sector following the political changes that followed Nicolás Maduro’s removal

Investor caution persists as Venezuela seeks foreign capital

3 June 2026

Companies exploring opportunities in industries ranging from oil and shipping to chemicals and pharmaceuticals remain hesitant to commit funds

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