LatAmOil - Latin America Oil & Gas

Vaca Muerta records three new tremors as Neuquén’s 2026 seismic count rises

Venezuela’s Amuay refinery halts operations after power outage

Venezuela’s largest refinery, the 645,000-barrel-per-day (bpd) Amuay facility, was forced to shut down after a power outage on June 28

Gold Reserve commits $1mn to Venezuela earthquake relief

Gold Reserve Ltd. said it will donate $1mn to support emergency relief and reconstruction efforts in Venezuela following the catastrophic earthquakes that struck the country on June 24

Shell pledges $5mn for Venezuela earthquake relief

Shell said it will provide $5mn in humanitarian assistance to support relief and recovery efforts in Venezuela following the earthquakes that struck the country on June 24

Brazil’s JBS steps up biomethane investment

JBS and Âmbar Energia will invest BRL65mn to expand biomethane production from waste generated at Friboi facilities, aiming to almost quintuple output for use in the group's industrial operations and transport network.

Brazil’s oil export tax delivers first revenue boost

Brazil's temporary export tax on crude oil generated BRL1.05bn ($200mn) in federal revenue in May, marking the first proceeds from the levy introduced in March.

Perenco moves to revive idle Brazil oil platforms

French engineering company DORIS is supporting Perenco Brazil in the redevelopment of two offshore platforms in Brazil's Campos Basin that have been idle since 2020.

Brazil taps oil windfall to cushion fuel prices

Brazil used windfall oil-export revenues generated by a spike in crude prices after US and Israeli strikes on Iran to cushion the impact of higher fuel costs on consumers, Planning and Budget Minister Bruno Moretti said.

Colombia new-car sales jump 50.1% in first half as electric vehicles surge 235% to four in ten registrations

Colombia vehicle exports jump 191% in first four months

Ecuador adds 35,000 bpd of crude capacity via Petroecuador campaign, ministry says

Ecuador added 35,000 barrels of crude production capacity in the first five and a half months of 2026 through a sustained campaign of drilling.

Argentina’s Néstor Kirchner gas pipeline generated $9bn in savings over three years, report says

Argentina’s Néstor Kirchner gas pipeline, now renamed Perito Moreno, generated cumulative savings of $9.1bn over its first three years of operation by reducing energy imports.

Colombia wins WorldCup — claims global butterfly competition crown with record species documentation

Cuba reforms face investment confidence test despite sweeping liberalisation

Fitch confirms BB rating on Colombia's Promigas' $920mn hybrid bond issue

Fitch Ratings assigned a final BB rating to Promigas and its Peruvian co-issuers' $920mn subordinated hybrid notes, confirming its earlier expected rating after reviewing the final transaction documents, the agency said

Cuba responds to fresh US sanctions calling the measures "a crime"

Repsol turns Venezuela into a new opportunity after years of losses

The Spanish oil company, which spent years dealing with financial challenges in Venezuela, is now positioned to turn a troubled investment into a potential growth driver

Mexican fracking committee heavily weighted towards industry, analysis shows

A 47-member scientific panel tasked with advising President Claudia Sheinbaum and the Mexican government on whether to legalise hydraulic fracking has more than twice as many pro-oil industry profiles as critics.

Colombia's De la Espriella sets Fiscal repair, fossil fuel energy revival at core of economic agenda

Colombia’s president-elect Abelardo de la Espriella is preparing an economic programme centred on fiscal consolidation, renewed oil and gas development, infrastructure expansion and housing incentives as his administration seeks to revive growth

JPMorgan maps out De la Espriella’s economic priorities after election win

Colombia's Ecopetrol extends slide as investors lock In gains after election rally

Shares of Ecopetrol extended losses on June 24 after falling more than 10% over two trading sessions on Colombia’s stock exchange, as investors took profits following a sharp rally linked to expectations surrounding the election of president-elect

Colombia's De La Espriella nears cabinet announcement ahead of August transition

Colombia’s president-elect Abelardo de la Espriella is expected to unveil members of his incoming administration in the coming days after holding meetings with close advisers to assess ministerial candidates and prepare the transition

Chevron says Venezuela operations unaffected after deadly earthquakes

Chevron Corp. said its Venezuelan operations continue to function normally following the pair of powerful earthquakes that struck the country, as energy companies and authorities assess damage in regions near the epicentre

Bolivia's fuel suppliers Vitol, Trafigura owed nearly $500mn, minister admits

Bolivia owes close to $500mn to fuel suppliers Vitol and Trafigura, hydrocarbons and energy minister Marcelo Blanco acknowledged in an interview with Radio Fides on June 24.

Brazil delays vote on higher ethanol blend in gasoline

Brazil has postponed a meeting of the National Energy Policy Council (CNPE) that was due to consider raising the mandatory share of anhydrous ethanol in gasoline from 30% to 32%, the Ministry of Mines and Energy said.