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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Argentina and UK to face maritime tribunal over Falklands oil project in November

22 October 2026

Argentina and the United Kingdom will present their positions at the International Tribunal for the Law of the Sea in Hamburg on November 10 and 11.

Tensions escalate as Hamburg tribunal set dates for UK-Argentina Falklands oil dispute

21 October 2026

Tensions are rising in Argentina's attempt to stop development of the Sea Lion oilfield off the Falkland Islands.

Argentina’s Neuquén province requires Vaca Muerta producers to report methane emissions

21 October 2026

Argentina’s Neuquén province has introduced mandatory greenhouse gas emissions reporting for oil and gas companies operating in the Vaca Muerta shale formation, aiming to reduce methane emissions intensity by 16% over the next 20 years.

Milei hails Argentina's 'underground revolution' as oil output nears 1mn bpd

21 October 2026

President Javier Milei said that Argentina was undergoing an “underground revolution” driven by expanding oil production and energy exports, as he defended his economic reforms at the opening of the Argentina Oil & Gas Patagonia 2026 expo.

Argentina's YPF expropriation case awaits US Supreme Court review after first-instance closure

21 October 2026

A US federal judge has formally vacated a $16.1bn judgment against Argentina over the 2012 expropriation of oil company YPF and closed proceedings at first instance, leaving litigation funder Burford Capital awaiting a decision.

Brazil’s Petrobras P-82 platform sets sail for Búzios field

21 October 2026

Petrobras said its P-82 floating platform had left a shipyard in Singapore for the Búzios field in the Santos Basin's pre-salt layer, where it is expected to start production next year.

Guyana's new Uaru Gold crude matches Liza's high quality, assay shows

21 October 2026

Guyana's newest export crude, Uaru Gold, will be a medium-sweet oil with a quality profile very close to the country's original Liza blend when it reaches buyers in December.

Argentina's YPF to acquire remaining stake in power generator YPF Luz for $430mn

21 October 2026

Argentina's state-controlled oil company YPF has agreed to pay $430mn for the remaining 24.99% stake in electricity generator YPF Luz held by BNR Power Investments, an investment vehicle linked to GE Vernova, giving it full ownership of the company.

Rosenxt's Zupt teams up with Mitang to offer subsea services in Brazil

21 October 2026

Houston-based subsea services provider Zupt, part of Swiss technology group Rosenxt Group, has signed a framework agreement with Brazil's Mitang Brasil - Soluções Submarinas to jointly offer its services.

Argentina's Neuquén achieves record employment as oil and gas boom drives job creation

21 October 2026

The manufacturing sector in Argentina’s Neuquén province has reached its highest employment level in nearly three decades, propelled by oil and gas exploration in the Vaca Muerta shale formation.

Suriname's GDP projected to surpass Guyana's in 2028 amid oil and gas boom

21 October 2026

Suriname’s economic growth rate is projected by the World Bank to surpass that of neighbouring Guyana by 2028, with the country’s oil and gas sector expected to drive the boom.

Rubio presses India to buy more US, Venezuelan oil

21 October 2026

US Secretary of State Marco Rubio has urged India to increase its purchases of crude oil from the United States and Venezuela, seeking to strengthen energy ties with New Delhi amid strained bilateral relations.

Analyst warns of pressure on Russian oil exports and predicts global oil surplus by 2028

21 October 2026

Russia faces mounting energy risks from Ukrainian attacks, dependence on Chinese influence and the prospect of a global oil surplus, while Ukraine prepares for a difficult winter, says analyst.

Colombia's Ecopetrol rejects LNG import offers as Colombia’s gas deficit deepens

20 October 2026

Ecopetrol has declared unsuccessful tenders for liquefied natural gas (LNG) supplies with five-year commitments, citing inadequate commercial terms, as Colombia’s declining domestic reserves increase pressure to secure gas imports

Colombia's Ecopetrol suspends gas import contracts because of price, commercial conditions

20 October 2026

Ecopetrol has rejected offers for long-term liquefied natural gas (LNG) supplies after finding their commercial terms inadequate, opting instead to strengthen domestic production and accelerate development of the offshore Sirius field

Colombia fracking projects could require up to $15bn in investment

20 October 2026

Colombia could need $10bn–$15bn to develop unconventional oil and gas projects over their lifetimes, while exploration could take four to six years to deliver results

British company seeks approval for offshore oil transfers in Brazil

20 October 2026

British marine services company Top Fenders has requested authorisation from Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) to conduct ship-to-ship crude oil transfers in Brazilian waters.

Trump asks Mexico to buy more US natural gas, Sheinbaum says

20 October 2026

Mexican President Claudia Sheinbaum has confirmed that US President Donald Trump has asked in phone calls for Mexico to buy more American natural gas, while insisting that Mexico also wants to build up its own output of the fuel.

Fitch affirms Colombia's Ecopetrol’s BB rating with stable outlook

20 October 2026

Fitch Ratings has maintained Ecopetrol’s international credit rating at BB with a stable outlook, while keeping its standalone credit profile at investment-grade level and its domestic ratings unchanged, the Colombian oil company said

Ecuador resumes pumping Colombian crude to coast after tariff row halted flows

20 October 2026

Ecuador's state-owned Petroecuador has restarted transporting crude from Colombian producers Ecopetrol and Amerisur through the San Miguel-Lago Agrio (OSLA) and Trans-Ecuadorian (SOTE) pipelines.

Argentina approves $3.2bn in new Vaca Muerta projects under RIGI

20 October 2026

Argentina has approved two projects worth more than $3.2bn by energy company Transportadora de Gas del Sur (TGS) under its Large Investment Incentive Regime (RIGI), aimed at processing natural gas liquids from the Vaca Muerta shale formation.

Cox to invest $1.8bn in El Salvador gas infrastructure

20 October 2026

Spanish energy and water group Cox will invest $2.9bn in gas, solar power, battery storage and drinking water projects in El Salvador, with more than half of the total in gas infrastructure.

Uruguay's imports jump 12% on oil purchases

20 October 2026

Uruguay's imports grew 12% between January and August 2026 compared with the same period a year earlier, while exports showed no change.

Argentina’s Mendoza targets RIGI approval for $4.5bn YPF unconventional oil project

20 October 2026

Argentina’s Mendoza province is seeking approval under the Large Investment Incentive Regime (RIGI) for a $4.5bn unconventional oil and gas project involving state-controlled energy company YPF.

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