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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Venezuela's Rodríguez visits India to seal Caracas's oil comeback
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.
ExxonMobil AI model finds Guyana's known oilfields with 90% accuracy in exploration breakthrough
Rockhopper advances Falklands' Sea Lion project with first oil targeted for 2028
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.
New York appeals court rejects Burford bid to revive $16bn YPF Argentine expropriation judgment
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
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
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
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
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
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
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
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
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
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
Companies exploring opportunities in industries ranging from oil and shipping to chemicals and pharmaceuticals remain hesitant to commit funds
Uruguay emerges as offshore exploration hotspot as YPF, majors and independents expand activity
Uruguay is increasingly being viewed as one of the most promising offshore oil frontiers in the Western Hemisphere.
Eight tremors hit Argentina's Vaca Muerta shale region in five days
The town of Añelo in Argentina’s Neuquén province was shaken by eight earthquakes between May 27 and May 31, marking an unprecedented sequence of five consecutive days of seismic activity in the heart of the Vaca Muerta shale formation.
YPF says Argentina LNG project will require $50bn investment
Argentina's state-controlled energy company YPF said its Argentina LNG project will require a total investment of $50bn and is expected to begin development in 2027.
Chevron seeks record $14bn investment in Vaca Muerta under RIGI scheme
Chevron has applied to Argentina’s Large Investment Incentive Regime (RIGI) for a $13.8bn upstream development project in the El Trapial area of Neuquén province.
Mexico's Pemex escapes Moody's downgrade as investors urge the company to tap global bond markets
Moody's has affirmed Pemex's ratings despite recently cutting Mexico's sovereign rating one notch to Baa3, citing expectations of continued strong government support for the state oil company.
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