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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Argentina advances VMOS pipeline project with key storage tank milestone
Argentina has reached a new milestone in the construction of the VMOS oil pipeline project, with the installation of a geodesic roof on a major storage tank at the Punta Colorada export terminal, provincial authorities said.
Argentina's YPF to hold fuel prices steady for 45 days amid Iran conflict pressures
Argentina’s state-run energy company YPF will keep fuel prices stable for the next 45 days, its chief executive said, as the government seeks to shield consumers from rising global oil prices linked to the conflict in Iran.
Argentina's YPF shares gain as banks raise targets after court ruling and oil rally
Shares of Argentina’s state-controlled oil company YPF have risen sharply in 2026, prompting banks and investment funds to increase their price targets after a favourable US court ruling and stronger global crude prices improved the company’s outlook
Argentina's Tecpetrol, GyP seek incentives for $2.4bn Vaca Muerta oil project
Argentine energy firms Tecpetrol and Gas y Petróleo del Neuquén (GyP) have applied to include a $2.4bn unconventional oil project in the government’s investment incentive regime, aiming to boost production in the Vaca Muerta shale formation.
Haliburton, Petronas, and Valaris sign Suriname offshore agreement
Halliburton announced that it has signed a Strategic Collaboration Agreement with PETRONAS Suriname and Valaris to support the development of offshore assets in Suriname.
Afreximbank to provide Surinamese companies with direct financing for oil and gas projects
Afreximbank is positioning itself as a direct financing partner for Surinamese companies competing for domestic oil and gas contracts, Okechukwu Ihejirika, Acting Regional Chief Operating Officer for the Caribbean, confirmed.
Colombia's Ecopetrol wins approval for $1.25bn loan to refinance debt and extend maturities
Colombia’s state-controlled oil producer Ecopetrol has secured authorisation to raise up to $1.25bn in debt as part of a refinancing strategy aimed at lowering financing costs and extending maturities
Colombian engineers back NASA’s historic Artemis II mission as Europe powers spacecraft, Russia eyes lunar push
Colombia firms rank among top regional multilatinas, IDB study shows
Colombia placed three companies among Latin America’s 50 largest multilatinas by sales, led by Ecopetrol in sixth position, according to a report by the Inter-American Development Bank
Valaris locks Brazil’s Petrobras extension
Valaris said it secured a contract extension with Petrobras for the drillship VALARIS DS-4, alongside a separate agreement with Petronas and Halliburton covering offshore activity in Suriname.
Brazil unveils $6bn fuel subsidy package as Iran war hits prices, freezes Lula-Trump thaw
Brazil's government unveiled a sweeping package of measures on April 6 to shield consumers and businesses from surging fuel prices driven by the US-Israeli war with Iran, at an estimated fiscal cost of BRL31bn ($6bn).
Ventura extends Brazil rig deals
Ventura Offshore said it has secured contract extensions for two units operating offshore Brazil, adding more than $600mn to its backlog.
Fuel surge hits Brazil airlines
Petrobras has raised jet fuel prices by about 55% since April 1, Abra Group said, citing higher global oil costs linked to conflict involving Iran, the United States and Israel.
Colombia's Isagén, US Atlas secure financing for $453mn solar project in Colombia
Isagén and Atlas Renewable Energy have reached financial close for the El Campano solar project in Córdoba, paving the way for construction of a 128.8 MWdc facility expected to begin operations in the third quarter of 2027
Colombia's Ecopetrol chief steps aside temporarily amid probes and political tensions
The board of Colombia’s state-controlled oil company Ecopetrol has asked its chief executive Ricardo Roa to step aside temporarily until after the presidential election cycle, following mounting legal scrutiny and internal dissent
US lawmakers urge end to Cuba energy curbs after Havana visit
Two US lawmakers called for an end to restrictions on fuel supplies to Cuba after a five-day visit to Havana, warning that tightening curbs are worsening the island’s economic crisis
Cuba to boost power output with Russian fuel as floating plants add 124MW
Cuba said two floating power units will generate 124MW of electricity from mid-April following the arrival of Russian fuel shipments, as the island seeks to ease a deepening energy shortfall
Stena Carron seeks lifting equipment suppliers as Guyana drilling continues through 2026
Pemex's aging pipelines under scrutiny as Gulf of Mexico spill triggers cover-up allegations
A hydrocarbon spill stretching more than 630 kilometres along Mexico's Gulf coastline has become something more than an environmental emergency. It has become a test of whether Pemex and the government told the truth about when they knew.
Fracturing activity in Argentina's Vaca Muerta hits record high in March
Hydraulic fracturing activity in Argentina's Vaca Muerta shale formation reached a record high in March with 2,616 fracturing stages in the unconventional segment.
Shearwater and Searcher complete third season of 3D seismic acquisition in Brazil's Pelotas Basin
Norway's Shearwater GeoServices and Australia-based Searcher have completed the third phase of their multi-client 3D seismic acquisition campaign in Brazil's Pelotas Basin, bringing total regional coverage to more than 17,000 square kilometres.
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