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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ConocoPhillips warns Venezuela terms remain unattractive for oil investment
Venezuela’s attempts to reopen its oil industry to foreign companies remain insufficient to secure large-scale investment, according to ConocoPhillips Chief Executive Officer Ryan Lance
Ecuador to open major oil fields to private investment as output slump deepens
Ecuador is preparing to open its largest oil assets to international investors in a bid to revive declining crude production and reverse years of stagnation in its upstream sector.
AEC to promote African energy opportunities at ARPEL Conference in Buenos Aires
The African Energy Chamber will use the upcoming ARPEL Conference in Buenos Aires to promote Africa as a major destination for South American energy investment and cooperation.
Dominican Republic secures 10% stake in Guyana's Berbice oil block with no upfront investment
Braskem's Mexico unit misses petrochemical boom as cash crunch caps output at half capacity
Colombia opens tax break scheme for hydrogen projects
Colombia has opened applications for tax incentives tied to hydrogen developments, allowing companies to seek benefits for projects ranging from green and blue hydrogen production to transport and storage infrastructure
GeoPark eyes Venezuela expansion as sanctions relief opens sector
GeoPark is evaluating entry into Venezuela’s oil and gas industry through potential partnerships with state-owned PDVSA and new production-sharing agreements, as easing US sanctions and regulatory changes improve conditions for foreign investors
Panama halts power sales to Costa Rica amid escalating trade rift
Panama has suspended electricity sales to Costa Rica as a long-running trade dispute between the neighbouring countries intensified, after Costa Rican President Laura Fernández threatened new international action over restrictions on agricultural
Brazil’s Lula backs Amazon oil push
Brazilian President Luiz Inácio Lula da Silva defended oil exploration in the Equatorial Margin, arguing that drilling near the mouth of the Amazon River is necessary for energy security and national sovereignty.
Trinidad sets fiscal terms for Venezuela gas imports as Dragon talks gather pace
Trinidad and Tobago moves to formalise revenue terms for Venezuelan cross-border gas as Dragon field negotiations gather pace and upstream decline squeezes Atlantic LNG output.
Rockhopper says Falklands' Sea Lion project advances as operator studies production expansion
Rockhopper Exploration said the Sea Lion oil development in the North Falkland Basin remains on track for first oil in the first half of 2028, while operator Navitas Petroleum studies accelerating later phases of the project.
BW Energy targets 100,000 boepd after Gabon and Brazil investments
BW Energy Limited has approved offshore development projects in Gabon and Brazil containing a combined 68mn barrels of oil equivalent in 2P reserves, targeting production above 100,000 boepd by 2028.
Venezuela offers foreign arbitration in bid to draw oil investment
Hydrocarbons Minister Paula Henao said that the new regulatory framework for the industry was designed to provide greater legal certainty to international companies seeking to expand operations in Venezuela
Repsol and ENI target sharp increase in Venezuelan gas output by 2030
The companies operate the Cardón IV project alongside state-owned PDVSA and are targeting output of about 1.25bn cubic feet a day by 2030
Venezuela pins oil recovery on reviving neglected gas sector
Venezuela’s hopes of rebuilding its oil industry are becoming increasingly tied to the recovery of its struggling natural gas sector
Venezuelan oil officials make first US visit as Caracas seeks industry investment
Venezuela’s Hydrocarbons Minister Paula Henao and senior PDVSA official Jovanny Martínez are due to attend an oil exploration summit in Houston on May 21 as Caracas intensifies efforts to revive its energy sector and attract foreign investment
Colombia's Petro backs Michelle Bachelet's bid to become first woman to lead the United Nations
UNDP and EU back solar push in Cuba's most isolated communities amid deepening energy crisis
The United Nations Development Programme (UNDP), in partnership with the European Union and Cuban institutions, has installed 550 renewable energy systems across isolated communities in Cuba through the FRE Local project, bringing electricity access
Colombia presses Glencore to prepare Cerrejón for post-coal transition
Colombia’s government is increasing pressure on Glencore to begin preparing a long-term transition plan for the Cerrejón coal mine in La Guajira, as President Gustavo Petro’s administration seeks to avoid economic disruption
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