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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Petrobras, Ecopetrol wrap up Colombia’s largest deepwater drilling campaign
Petrobras and Ecopetrol have completed the largest deepwater exploration campaign in Colombia’s Caribbean, drilling five wells over two and a half years at a cost of about $1bn, the companies said
Petroecuador restarts SOTE pipeline pumping after Baeza station fire
State oil company EP Petroecuador has resumed pumping through the Trans-Ecuadorian Oil Pipeline System (SOTE) on October 5, after an emergency caused by a fire at the Baeza pumping station in Napo province on October 1, El Universo reported.
Bolivia's YPFB steps up fuel deliveries and blocks plates of repeat-fill vehicles
Bolivia's state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has raised the volume of petrol and diesel supplied to filling stations in all nine departments.
Brazil’s election run-off to help decide Petrobras’ future
Brazil’s presidential runoff between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro offers sharply different visions for state-controlled Petrobras and the role of government.
Venezuelans in no mood to dance despite Trump's oil bonanza
Nine months after the US removed Nicolas Maduro, a sweeping oil pact with Washington has done little to ease hardship at home or bring elections closer.
ExxonMobil targets Trinidad and Tobago for next oil boom
ExxonMobil (NYSE: XOM) wants to repeat its Guyana oil and gas success in the waters off Trinidad and Tobago, its global exploration chief said in an interview.
Halliburton rules out work on the Falklands’ Sea Lion project, drilling to begin in early 2027
US oilfield services company Halliburton has ruled out any involvement in the Sea Lion oil project near the Falkland Islands, saying it has consulted Argentine federal authorities over potential criminal and civil enforcement.
Guyana's energy future could be shaped by Brazil's election as border controversy takes centre-stage
The outcome of Brazil’s presidential election could shape the outcome of Guyana’s border dispute with Venezuela, an issue that directly threatens Guyana’s oil and gas future.
Brazil opens new areas for Equatorial Margin exploration
Brazil’s oil regulator ANP has mapped 501 new exploratory blocks across 11 sectors of the Equatorial Margin, expanding the area available for potential oil and gas exploration.
India’s BPCL plans $3bn bond for Brazil oil project
Norway’s Hydro faces up to $210mn cost in Brazil
Norway’s Norsk Hydro expects its Alunorte alumina refinery in Brazil to face a financial impact of as much as $210mn in the second half of 2026 because of disruptions to contracted natural gas supplies.
Colombia deploys 1,200-strong Urano task force against ELN and fuel theft
Colombia has activated a joint security task force of about 1,200 military and police personnel to combat the ELN and criminal groups involved in fuel theft in the country’s northeast
Petrobras and Ecopetrol complete $1bn Colombian Caribbean gas campaign
Petrobras and Ecopetrol have completed their largest deepwater exploration campaign in Colombia’s Caribbean, spending about $1bn over two and a half years to drill five exploratory wells, including the Sandia-1 gas discovery
Brazil’s Petrobras finds more oil off Amapá
Petrobras has identified another oil-bearing interval in an exploration well off Brazil’s Amapá state, adding to an August discovery in the same block as the state-run producer drills deeper into the Foz do Amazonas Basin.
Brazil’s Petrobras hits $140.55bn record after Amapá find
Petrobras reached a record market value of BRL700bn ($140.55bn) on B3 on September 2, adding BRL20.9bn in a single session after announcing a second oil discovery in the Morpho well off Amapá.
TotalEnergies confirms that Suriname's landmark GranMorgu project nears 50% completion
Suriname’s highly anticipated GranMorgu oil project has officially reached the halfway mark of its development, with 50% of the planned capital expenditure already incurred, TotalEnergies confirmed.
Ecuador's Petroecuador halts Sote pipeline after pumping-station blaze
Ecuador's state oil company Petroecuador has abruptly suspended operations on the Trans-Ecuadorian Pipeline System (Sote), one of the country's two main crude arteries, after a fire at a pumping station in the Amazonian province of Napo.
Guyana's oil revenue surge set to bolster 2027 economic transformation
A sharp acceleration in petroleum revenues could propel Guyana’s economic development, with the government potentially accessing up to $4.35bn from the Natural Resource Fund to finance its 2027 budget.
Brazil's Infra S.A. to help Guyana plan oil logistics
Brazilian state-owned infrastructure company Infra S.A. and Guyana discuss a regional transport plan to support oil-driven infrastructure and connectivity with Brazil.
Guyana oil output falls to near one-year low
Guyana's offshore oil production averaged 832,000 barrels per day (bpd) in August, its lowest monthly level in nearly a year.
Argentina’s Neuquén seeks greater Vaca Muerta gas exports to Chile via Pacific Gas Pipeline
Argentina's Neuquén province is seeking to increase natural gas exports from the Vaca Muerta basin to Chile by making greater use of the Pacific Gas Pipeline and assessing a possible expansion of its pumping capacity, Governor Rolando Figueroa said.
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