Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
Looking for more LatAmOil articles? Or would you like to find out more about the publication? Keep reading.
Overview
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.
LatAmOil is fully digital publication and can be read in PDF or online.
Try it out
The majority of our premium content is ONLY available to our subscribers.
If you would like to try LatAmOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required.
Simply fill in the form at the bottom of this page and we will send you your first copy of LatAmOil
Need more convincing?
- Check out our client testimonial
- Read a recent issue
- Find out more about a LatAmOil subscription
Foreign oil firms await US approval to resume Venezuela operations
Several foreign energy companies are still waiting for clearance from the US Treasury and State departments to resume operations in Venezuela, following discussions last week regarding the reissuance of key licences
Chevron’s Venezuela comeback seen as boost to dollar liquidity and private sector access
Venezuela’s main business chamber, Consecomercio, has endorsed Chevron’s renewed presence in the country’s oil industry, following the US company’s receipt of a new licence to operate
Chevron secures narrow US licence to restart Venezuela operations
The new authorisation, issued privately, prohibits any oil-related revenue from reaching President Nicolás Maduro’s regime, effectively blocking royalties and tax transfers
BP hits oil signs in Brazil’s Santos Basin
British Petroleum (BP) has encountered signs of hydrocarbons in the Bumerangue block’s 1-BP-13-SPS wildcat well, located in Brazil’s Santos Basin pre-salt area.
COMMENT: Trump’s new Venezuela oil waiver raises more questions than answers
The Trump administration quietly granted Chevron a new oil licence in Venezuela, just after a major prisoner swap. But the deal may enrich regime insiders and boost China’s oil access, raising questions about the coherence of US sanctions policy.
Brazil’s Petrobras ramps output as pre-salt surges
Brazil’s Petrobras reported an average production of 2.91mn barrels of oil equivalent per day in the second quarter of 2025, up 5% from the previous quarter, driven by new platforms entering operation and ramp-ups across key offshore fields.
Venezuela's PDVSA eyes return to swap-based oil exports
Venezuela’s state oil company PDVSA is preparing to relaunch operations with its joint venture partners under conditions reminiscent of the Biden-era oil-for-debt swap model, once President Donald Trump restores key operating authorisations
Mexico's Pemex posts rare quarterly profit, burns through bailout funds
Mexican state oil giant Pemex reported a net profit of $3.17bn for the second quarter of 2025, marking its first quarterly profit in over a year primarily due to the peso strengthening.
Weatherford wins major drilling services deal for Mexico's landmark Trion field
American oilfield services provider Weatherford has secured a substantial multi-year agreement to deliver Managed Pressure Drilling capabilities for Mexico's Trion deepwater oil development, operated by Woodside's local unit
Mexico bolsters fuel adulteration defences with new regulations
Mexico is intensifying efforts to combat fuel adulteration through new Agency for Safety, Energy and Environment regulations whilst confronting increasingly sophisticated illicit fuel manipulation methods that impact vehicle performance
Mexico's Pemex posts rare quarterly profit aided by peso recovery
Mexican state oil giant Pemex reported a net profit of MXN59.52bn ($3.17bn) for the second quarter of 2025, marking its first quarterly profit in over a year primarily due to peso strengthening against the dollar, Reuters and Oilprice reported
Carso Energy, China and BP compete for Mexico’s Pemex: 28 companies interested in mixed contracts
Mexico's state oil company Pemex has identified 28 enterprises interested in participating in 11 mixed development projects following a market survey, Exploration and Production Director Ángel Cid announced, El Financiero reported.
Peru greenlights $550m Siete Regiones gas project to expand clean energy across highlands and jungle
The Peruvian government has approved the $550m Siete Regiones project to bring Camisea gas to 15 cities across seven highland and jungle regions. Cálidda will lead the initiative under an extension of its Lima concession.
Peru targets 2026 for major natural gas launch at Block 58 with CNPC
The Peruvian government has reaffirmed the 2026 target for the commencement of natural gas production at Block 58, located in the Madre de Dios basin, Cusco region.
Ecuador's oil industry in recovery following pipeline shutdown
Ecuador's oil industry is slowly recovering from a devastating pipeline crisis that crippled production for over three weeks, following the resumption of operations at both major crude transport systems.
Argentine oil and gas union ratifies 48-hour strike
The Private Oil and Gas Union of Río Negro, Neuquén, and La Pampa has confirmed a 48-hour strike running from 8:00 PM local time on July 30th to 8:00 PM on August 1st in Argentina, following failed negotiations with energy companies.
Peru enters deal to buy crude oil from Ecuador
Peru and Ecuador have signed a landmark cooperation agreement that will see the two Andean neighbours exchange crude oil and refined petroleum products without intermediaries, Peruvian President Dina Boluarte announced.
Guyana posts strong trade surplus driven by oil exports
Guyana recorded a trade surplus of $3.01bn in Q1 2025, supported by robust crude oil exports that continue to anchor the country's economic transformation, according to Bank of Guyana data.
Puerto Rico ends talks with New Fortress over $20 billion supply deal
Puerto Rico is quitting discussions with New Fortress Energy to renew a 15-year LNG supply deal estimated to be worth $20 billion.
Venezuela democracy in tatters one year after rigged poll as Trump policies aid Maduro
Venezuela's democracy collapsed after Nicolás Maduro's disputed July 2024 election victory, despite clear evidence of fraud. A year later, systematic repression has crushed the opposition, while Trump's policies seem to help Maduro's survival.
Guyana optimises oil transportation ahead of critical election
Guyana's President Irfaan Ali has unveiled an ambitious modernisation agenda for the country's maritime sector, targeting long-standing inefficiencies as the nation's oil-driven economy continues its rapid expansion.
US Gulf Coast refiners pivot to international suppliers as local crude sources dwindle
American Gulf Coast refineries are securing elevated volumes of Middle Eastern and South American crude to replace diminishing Venezuelan and Mexican barrels, with ship tracking data revealing a significant supply chain reorganisation
Chevron unlocks major opportunities in Guyana following Hess acquisition
Chevron has successfully completed its $55bn acquisition of Hess Corporation, securing a 30% stake in Guyana's prolific Stabroek Block following the resolution of arbitration proceedings that had delayed the merger since its 2023 announcement.
Colombia accelerates LNG import strategy
Colombia's government has accelerated development of liquefied natural gas import capacity to forestall a looming supply deficit by 2027.
Brazil's petrochemicals sector confronts extended slump as Braskem faces structural hurdles, says Moody's
Moody's Carolina Chimenti cautioned that Braskem's outlook appears especially difficult as the nation's biggest petrochemicals manufacturer encounters margin pressure and restricted cash flow generation.
Follow us online