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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ExxonMobil to add 1,600 jobs and gas output spike to Guyana through new projects
Guyana is set to gain up to 1,600 jobs and a fresh spike in gas output as ExxonMobil seeks to advance its planned Longtail and Haimara projects.
Argentine industries face winter gas shortages after failed LNG tender
Argentine industries risk running short of natural gas this winter following the collapse of a government liquefied natural gas (LNG) tender, rising global energy prices and increased domestic demand driven by colder-than-normal temperatures.
Enel Colombia tops 1GW of installed solar capacity with new Atlantic coast projects
Enel Colombia said it surpassed 1GW of installed solar capacity through six utility-scale photovoltaic parks, strengthening its position in Colombia’s fast-growing renewable energy sector
Colombia gas crunch deepens as LNG costs surge after Hormuz closure
Colombia is facing mounting pressure on its natural gas market after disruption linked to the closure of the Strait of Hormuz tightened global LNG supply, worsening an already growing domestic shortfall driven by declining hydrocarbon production
Colombia awards 1.55GW of solar capacity in 2029-2030 firm energy auction
Colombia awarded 1,546.9MW of solar generation capacity in its latest firm energy auction for the 2029-2030 supply period, as the government accelerates efforts to strengthen long-term electricity reliability and expand renewable generation
Cuba criticises EU position on expanded US sanctions
Cuban Foreign Minister Bruno Rodríguez criticised the European Union for failing to recognise the impact of US sanctions on the island’s economic crisis, while warning that recent measures by Washington also threaten European commercial interests
EU, UNDP expand renewable energy push in Cuban agriculture
Cuba has expanded the use of renewable-energy systems across more than 120 hectares of farmland and livestock areas as part of a joint programme backed by the European Union and the United Nations Development Programme
Russia eyes LNG Brazil for LNG exports
Russia believes it has a favourable outlook for exporting LNG to Brazil, Russia’s ambassador to the country told reporters in Brasilia at a meeting of the Russian-Brazilian intergovernmental on May 25.
Ecoanalítica sees IMF role as key to Venezuela debt overhaul
According to the firm, a comprehensive restructuring will require the involvement of the International Monetary Fund (IMF) and a prior process of institutional and statistical normalisation
Venezuela ranks among Latin America’s top oil producers, report shows
The report said Venezuela, together with Brazil and Mexico, accounted for 70% of the region’s oil production, which totalled 361mn barrels during the month
Claver-Carone emerges as central figure in US strategy for post-Maduro Venezuela
He also played a role in discussions tied to the reopening of Venezuela’s oil sector and backing firms seeking involvement in the restructuring of the country’s $170bn debt
Vanguard deepens exposure to Venezuelan debt on restructuring expectations
Vanguard Group Inc. has significantly expanded its holdings of defaulted Venezuelan debt, making an unusually active move for an asset manager better known for passive index investing
Venezuelan business group urges compensation over Trinidad oil spill
Representatives of the chamber said the incident poses a direct risk to the region’s fishing industry, one of the main economic activities in Sucre state, stressing that “commercial health depends directly on the health of the sea"
Venezuela seeks stronger trade ties with India ahead of possible Rodríguez visit
US Secretary of State Marco Rubio said there are “opportunities with Venezuelan oil” in the Asian nation and described India as “a great ally and a great partner”
Colombia's GeoPark eyes Venezuela as Gilinski Group backing fuels regional expansion
The Bogotá-based producer has intensified its regional ambitions after Colombia’s Gilinski Group acquired roughly 24% of the company
Trump says Venezuelan oil windfall has offset cost of Iran conflict
President Donald Trump said revenue generated from oil seized during the US operation in Venezuela had more than compensated for the cost of the war in Iran
Venezuela emerges as key oil supplier to India amid gulf disruptions
Nearly half of India’s crude imports usually pass through the Strait of Hormuz, but the route has become inaccessible as the conflict escalate
Latin America oil output jumps 11% in January, gas surges 27%, report says
Oil production across Latin America and the Caribbean rose 11% year-on-year in January to 361mn barrels, with natural gas output climbing 27% to 28bn cubic metres, the Latin American and Caribbean Energy Organisation (OLACDE) said.
Brazil draws Ecopetrol into Brava deal
Colombia’s Ecopetrol said in a press release its Brazilian subsidiary has launched a voluntary tender offer on B3 to acquire 116.1mn shares in Brava Energia at BRL23 per share, representing about 25% of the company’s outstanding stock.
Brazil’s Raízen races for debt deal
Raízen is preparing another round of talks with creditors ahead of a mid-June deadline to submit its out-of-court restructuring proposal, as the company still lacks support from international bondholders.
Neuquén oil output hits record high in April on Vaca Muerta growth
Argentina’s Neuquén province produced a record 628,924 barrels of oil per day in April 2026, driven by continued expansion in the Vaca Muerta shale formation, provincial energy authorities said.
Chinese tanker loads Vaca Muerta crude for US export at Argentina's Puerto Rosales
A Chinese-flagged oil tanker is loading around 80,000 tonnes of crude from Argentina’s Vaca Muerta shale formation at Puerto Rosales for export to the United States, highlighting the growing international reach of the country’s energy sector.
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