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 antitrust body clears Petrobras' entry into Campos Basin gas block from Equinor
Brazil's antitrust regulator Cade has approved without restrictions the acquisition by state-owned oil company Petrobras of a 50% stake in the Itaimbezinho exploration block from Norway's Equinor.
MODEC's Brazil-bound FPSO hull departs Japan for integration in China
MODEC said that the forward hull section of a FPSO vessel destined for a Shell-operated field offshore Brazil had left Japan and was en route to China for integration with the vessel's aft hull section.
OPEC+ members stick together with latest output raise
OPEC+’s seven core producers have agreed a modest easing of voluntary supply curbs from August, signalling a cautious, coordinated shift in strategy rather than a wholesale change of direction.
Cuba's 176-measure free-market overhaul fails to move Washington as new sanctions follow
US deports Cuban accused of running influence network that brought streamer Hasan Piker to Havana
Cuba's foreign minister rejects US national security threat label as diplomatic talks fail to advance
US sanctions Mexican nationals and companies over cartel-linked fuel-smuggling operation
The United States Treasury Department announced on June 30 it had sanctioned two Mexican citizens and nine firms involved with a cartel fuel smuggling scheme designed to bring untaxed fuel from the US to Mexico.
Guyana's subsea services market signals long-term confidence in Stabroek expansion
DOF Group's three-year Skandi Involver contract points to Exxon's Stabroek partners planning offshore Guyana operations well into the next decade.
Brazil, Bolivia to accelerate Petrobras-YPFB gas talks, Lula says
Brazil and Bolivia will speed up negotiations between state-owned oil companies Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to boost natural gas production, Lula da Silva said after meeting his Bolivian counterpart Rodrigo Paz.
Brazil, Bolivia to accelerate Petrobras-YPFB gas talks, Lula says
Brazil and Bolivia will speed up negotiations between state-owned oil companies Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to boost natural gas production, Lula da Silva said after meeting his Bolivian counterpart Rodrigo Paz.
Venezuela bonds slide as earthquake damage clouds debt restructuring outlook
Venezuelan sovereign bonds and debt issued by state-owned PDVSA have extended their decline after last week's earthquakes, as investors reassess the country's economic prospects and brace for a tougher debt restructuring
Venezuela oil output poised to recover as US broadens export authorisations
Expanded US authorisations for companies trading Venezuelan crude are set to lift the country's oil production back to levels seen before Washington's December naval blockade by the end of the second quarter of 2026
Brazil advances new equatorial oil blocks
Brazil's oil regulator approved the nomination of 86 offshore exploration blocks for technical studies that could lead to their inclusion in future licensing rounds under the Permanent Concession Offer (OPC).
Karol G tells Colombia's president-elect to govern "for everyone" — and triggers a three-way public exchange
Colombia's biggest companies lift profit as commerce dominates revenue
Colombia's 10,000 largest companies generated combined net profit of COP138.6 trillion (about $40.9bn) in 2025 as operating revenue rose 5% to COP1,853 trillion (about $546.3bn), broadly equivalent to the country's nominal gross domestic product
Italy’s Eni and UAE’s XRG acquire upstream assets of Argentina LNG
Italian energy firm and United Arab Emirates’ energy company XRG have acquired stakes in the upstream assets of Argentina LNG.
TotalEnergies to commence new drilling offshore Suriname
TotalEnergies confirmed that it is expanding its exploration footprint offshore Suriname with a multi-well drilling campaign that could unlock additional discoveries alongside its $10.5bn Gran Morgu project.
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