LatAmOil - Latin America Oil & Gas

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Oil & Gas

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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Bolivia's YPFB targets month-end fix for fuel shortage as drivers threaten renewed protests

10 July 2026

Bolivia's state oil company YPFB expects to resolve the country's latest fuel supply crisis by the end of July, according to deputy chief Víctor Hugo Blacud.

Bolivia opens talks with Petrobras to expand Brazilian firm's role in gas sector

10 July 2026

Bolivia's government has launched technical negotiations with Petrobras aimed at expanding the Brazilian oil major's participation in the country's hydrocarbons sector, which has been hit by years of declining natural gas production.

Bolivia to hold technical talks with Petrobras on production return, YPFB restructuring

10 July 2026

Bolivia will launch technical talks next week with Brazil's state-run oil firm Petrobras on a possible return to exploration and production in the country, Energy Minister Marcelo Blanco said on July 9.

Colombia cuts energy poverty by 1.7 points in a year, ministry reports

10 July 2026

More than 1.5mn Colombians, spanning roughly 490,000 households, moved out of energy poverty over the past two years

Colombia risks energy crisis as potential super El Niño looms, report warns

10 July 2026

Colombia faces a growing risk of energy crisis this year as a potential Super El Niño threatens to curb hydroelectric output just as the country's dependence on costly liquefied natural gas imports deepens

Sempra’s Energia Costa Azul exports first LNG cargo from Mexico plant

9 July 2026

US LNG developer Sempra exported its first cargo from its Energia Costa Azul LNG project located in Ensenada, Mexico.

Ecuador reforms fuel pricing formula to cut diesel, petrol costs

9 July 2026

Ecuador's government reformed its fuel-pricing mechanism on July 9, a move that will lower the cost of Extra and Ecopaís petrol, and diesel from July, the Presidency said in a statement. The change was formalised under Executive Decree 444

Cuba tells UN assembly US sanctions amount to 'energy siege,' seeks action

9 July 2026

Cuba's foreign minister, Bruno Rodríguez Parrilla, told the UN General Assembly that Washington was conducting an "energy siege" against the island and called on the body to act against US sanctions

Cuba restores grid after eighth national blackout in a year

9 July 2026

Cuba's National Electroenergy System was reconnected in the early hours of July 8, restoring power nationwide after the eighth total blackout the island has suffered in the past year

Former Pemex CEO arrested for alleged domestic violence

9 July 2026

According to the Mexican National Registry of Detentions, Víctor Rodríguez Padilla, President Claudia Sheinbaum-appointed former CEO of Petróleos Mexicanos (Pemex), was arrested on July 7 in relation to a video of him assaulting his wife.

Pemex sales of domestic fuel rise in first half of 2026 above pre-pandemic levels

9 July 2026

According to the Mexican state oil firm's institutional database, Petróleos Mexicanos (Pemex) sold 29.42bn litres of petroleum products domestically, showing an 8.6% rise from the same period last year and the highest volume since 2019.

Petroecuador cleans up 24,000 cubic metres of contaminated Amazon soil

9 July 2026

State oil firm Petroecuador remediated more than 24,000 cubic metres of contaminated soil in Orellana and Sucumbíos provinces between January and June 2026.

Bolivia's YPFB to post 'very worrying' reserves data as gas output hits 19-year low

9 July 2026

Bolivia's state energy firm YPFB will present a new hydrocarbon reserves certification in the coming days that will reveal a "very worrying" outlook for the country's natural gas availability.

Brazil’s Petrobras gets $524mn in diesel subsidies, okays $58mn well-compliance deal

9 July 2026

Petrobras received about BRL2.7bn ($524mn) from the federal government under a diesel subsidy programme, while it also agreed to pay Brazil's oil regulator BRL300mn to bring hundreds of offshore wells into environmental and safety compliance.

Vitol eyes Venezuela expansion as oil sector draws fresh investor interest

9 July 2026

Commodity trader Vitol is preparing to establish a presence in Venezuela as international interest in the country's oil industry gathers pace

Venezuela reshuffles energy and economic posts amid reconstruction drive

9 July 2026

Venezuela's interim President Delcy Rodríguez has appointed José David Cabello, Diosdado Cabello’s brother, to lead state-owned petrochemical company Pequiven, extending a broader reshuffle of senior economic officials

Venezuela enacts hydrocarbons rules to open sector to private investment

9 July 2026

Venezuela's government has enacted regulations implementing reforms to the Organic Hydrocarbons Law, completing a legislative overhaul designed to expand private participation in the country's oil and gas industry

Venezuela's oil output holds steady after earthquakes, industry representative says

9 July 2026

Venezuela's crude production and refining operations continued without interruption following the June 24 earthquakes, according to Reinaldo Quintero, president of Petropymi

Petrobras awards Brazil offshore ROV contract

8 July 2026

Oceaneering International said its Brazilian subsidiary, Marine Production Systems do Brasil (MPS), has secured a four-year contract from Petrobras to provide remotely operated vehicle (ROV) services offshore Brazil.

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