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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Fitch says Colombian gas ratings stable despite Canacol restructuring as national output slumps
Fitch Ratings said that Colombian midstream and gas distribution companies' credit ratings are expected to remain stable despite mounting pressure from the restructuring of Canacol Energy Limited, whose gas output has fallen sharply
Venezuela’s Amuay refinery restarts after earthquake-related power outage
Venezuela’s largest oil refinery has resumed operations after a power disruption caused by last week’s earthquakes, according to people familiar with activity at the facility
Can pipelines keep up with Argentina oil output nearing 1mn bpd?
Argentina's crude oil production exceeded 900,000 barrels per day for the first time in May, reaching a record 903,700 bpd as output from the Vaca Muerta shale formation continued to drive growth, strengthening the country's energy sector.
Cold snap and LNG price surge squeeze Argentine manufacturers' gas supply
Argentina's winter cold spell has forced 500-600 smaller factories to suspend or scale back operations as gas supply restrictions and soaring LNG prices leave many manufacturers choosing between halting production and paying higher fuel prices.
Vaca Muerta posts record fracking activity in June as shale development accelerates
Argentina's Vaca Muerta recorded its busiest month ever for hydraulic fracturing in June, completing 2,760 fracking stages and lifting the total for the first half of 2026 to 14,958.
Falklands oil project fuels sovereignty dispute as Sea Lion advances
A planned offshore oil development north of the Falkland Islands is set to intensify diplomatic tensions between Argentina and the United Kingdom, as the Sea Lion project moves towards first commercial production in 2028.
Brazil to unwind diesel subsidy more gradually than petrol benefit, minister says
Brazil's government will take longer to remove its diesel subsidy than the one applied to petrol, given the need to avoid sudden price increases or supply shortages even as global oil prices have fallen.
Brazilian firms unveil $1.5bn plan for 2,000-truck LNG heavy transport fleet
Nimofast, Edge and Green Cargo are coordinating a BRL8bn ($1.5bn) project to deploy 2,000 liquefied natural gas (LNG) powered trucks, targetting the country's largest long-distance road transport network running on the fuel.
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.
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