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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Brazil's ethanol exports in 2023 reach two-year high
Brazil’s ethanol exports rose in 2023, reaching the highest levels since 2020, primarily propelled by substantial demand from buyers in South Korea and the EU.
T&T overpromises on Dragon gas deal
Trinidad and Tobago has overpromised on the Dragon gas deal, as production is not likely to begin in two years.
Petronas and ExxonMobil to drill third well in Suriname's block 52
Malaysian state-owned energy firm Petronas and ExxonMobil are looking to drill a third well in Suriname’s offshore Block 52 in February.
Vaca Muerta sees record activity in 2023, poised for further growth in 2024
The Vaca Muerta shale formation in Argentina saw a historically high level of oil shale-related activities during the course of 2023, a monthly report by Contactos Energéticos Foundation concluded.
Guyana considers building refinery to bolster fuel security
India greenlights hydrocarbon partnership with Guyana
US judge grants additional Venezuela-linked creditors right to partake in Citgo auction
Peru LNG reports exports up y/y in 2023
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes rise in 2023.
ExxonMobil's Whiptail project to be approved by Guyanese government
Vice President of Guyana Bharrat Jagdeo has revealed that ExxonMobil’s Whiptail project is set to be approved sometime during the first quarter of 2024.
Pemex fuel output rises sharply, aims for self-sufficiency by 2025 as Mexico heads to polls amid political uncertainty
Brazil regulator issues preliminary licence for Parque das Baleias Integrated Project
US GE, Spain’s Iberdrola open combined cycle plant in Mexico
Norway’s LNG carrier Höegh LNG expands in Colombia
Global oil majors en route to taking over Guyana-Suriname Basin
The Guyana-Suriname Basin is witnessing a surge in activity as major oil players, including ExxonMobil, TotalEnergies, Chevron and Shell, deepen their involvement.
Guyana frames strategy to monetise vast gas resources
The government of Guyana plans to issue Requests For Proposals (RFP) aimed at implementing the country’s gas strategy, President Irfaan Ali confirmed.
Milei moves to deregulate Argentine oil market
Argentine President Javier Milei has submitted legislation to Congress aimed at deregulating the Argentine economy, with a specific focus on crude exports and removing government intervention over fuel prices.
Venezuelan oil alters dynamics in Asian markets as US sanctions ease
In the aftermath of the recent easing of US sanctions on Venezuela, a fleet of supertankers carrying Venezuelan fuel is poised to impact the dynamics of Asian energy markets.
Trading firms supply Venezuela’s PDVSA with fuel and diluents after US sanctions relief
ExxonMobil remains focused on developing Guyanese oil resources amid border dispute
ExxonMobil remains focused on developing its hydrocarbon resources offshore Guyana, keeping in line with the government's energy development objectives, despite the ongoing border dispute with Venezuela.
Chevron triples crude production in Venezuela to 150,000 bpd amid sanctions relief and regional tensions
Chevron has successfully tripled its crude production in Venezuela to 150,000 barrels per day following last year’s first sanctions waiver granted by Washington, according to chief executive Mike Wirth.
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