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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Colombia's Petro to hold Caracas talks with Rodríguez on trade, energy, security
Colombian President Gustavo Petro will travel to Caracas on April 24 for talks with Venezuela’s acting president, Delcy Rodríguez, focused on security, trade and energy cooperation
Guyana's fifth offshore project Uaru to use more subsea tiebacks than any previous Stabroek development
Fossil fuel exit summit tests energy security resolve as nations meet in Colombia
More than 50 countries will gather in Santa Marta on April 28-29 for the first international conference dedicated to a fossil fuel phaseout, as an energy shock linked to disruptions around the Strait of Hormuz sharpens debate over balancing climate
German trader who made $250mn on Russian crude pivots to Guyana with $60mn investment plan
Mexico's Amigo LNG targets final investment decision in May
Mexico’s Amigo LNG is targeting a final investment decision on May 20.
Brazil flags risks from energy shocks
Brazil supports guidance for central banks to factor in energy price shocks when setting policy, given uncertainty over their duration, Finance Minister Dario Durigan said.
Fuel surge slows, but gaps persist in Brazil
Venezuela engages oil majors ConocoPhillips and ExxonMobil, Repsol inks agreement
Delcy Rodríguez said authorities have been holding discussions with multiple companies and recently signed an agreement with Chevron to expand its operations
South Korea contacts Mexico and Brazil for energy cooperation as Hormuz disruption bites
South America turns to LPG to support energy transition and curb fuel volatility
South American countries are increasingly turning to liquefied petroleum gas (LPG) as part of their energy transition strategies and to mitigate fuel price volatility.
Argentina taps Naturgy in LNG tender to secure winter gas supply
Argentina has moved to secure natural gas supplies for the upcoming winter after Spain’s Naturgy submitted the lowest bid in a tender to import liquefied natural gas (LNG).
China pledges "firm support" for Cuba amid escalating US pressure, Trump threats
China pledged "firm support" for Cuba against continued US threats, with Foreign Ministry spokesman Guo Jiakun stating Beijing opposes coercive diplomacy and will back Havana's defence of national sovereignty
Mexico moves to re-start fracking
Mexico is moving toward a potential reopening of hydraulic fracturing as part of a broader push to reduce heavy dependence on imported gas, a shift that marks both a strategic pivot in energy policy and a political departure from past commitments.
Three oil majors deepen footprint in Venezuela
Texas-based Chevron Corp. has agreed to expand its position in Venezuela’s Orinoco Belt through a pair of deals with state oil company PDVSA.
Argentina’s Vaca Muerta boom faces infrastructure bottlenecks despite rising output
Argentina is on track to reach record oil production driven by the Vaca Muerta shale formation, with officials and industry executives pointing to strong export potential.
US energy envoy visits Caracas as Chevron deal signals deepening oil ties
The agreement, signed at Miraflores Palace, increases Chevron’s stake in the Petroindependencia joint venture to 49% and grants access to develop the Ayacucho 8 block as part of the Petropiar project with state-owned Petróleos de Venezuela
Chevron expands Venezuela footprint with Orinoco deals
Chevron Corp. has struck two agreements with Venezuela’s interim government that will allow the US oil major to consolidate and expand its position in the country’s extra-heavy crude sector, reinforcing its dominance in the Orinoco Oil Belt
Venezuela oil output rebounds in march as exports climb, IEA Says
Venezuela’s oil production rose sharply in March, signalling a recovery in the sector following disruptions earlier in the year, according to the International Energy Agency (IEA)
Venezuela confirms PDVSA leadership as Rodriguez’s government revamps executive team
Venezuela’s interim president Delcy Rodríguez has ratified Héctor Andrés Obregón Pérez as president of state oil company Petróleos de Venezuela SA, reaffirming leadership at the core of the country’s energy sector
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