Brazil is searching for new fertilizer suppliers as the war in Ukraine threatens to cut off shipments to one of the world’s breadbaskets, with potential ripple effects on already high global Continue Reading
The discovery of huge oil reserves in Guyana has the potential to transform the country, although it will have to work hard to avoid the resource curse that has hit Continue Reading
Highlights Latin America’s jet, gasoline, diesel prices jump $7/b to $16/b Tender awards canceled, delayed as companies reassess prices at 9- to 13-year highs Latin American refined product prices spiked Continue Reading
Two decades of malfeasance, mismanagement, and corruption have led to ill-maintained energy infrastructure and a large number of oil spills in Venezuela. Caracas’ reluctance to identify, contain, and clean up Continue Reading
TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in recent years, the Guyana-Suriname Basin Continue Reading
Exxon plans to begin oil production from a second platform offshore Guyana next month New platform would increase Guyana’s production threefold ExxonMobil and Hess Corp. have recently made their 20th Continue Reading
The Biden administration is considering a Chevron Corp (CVX.N) proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt, four people close Continue Reading
Peru’s environmental inspector, responding to fuel supply shortages, on Saturday authorized the temporary resumption of hydrocarbon loading and unloading operations at sea at a refinery owned by Spain’s Repsol (REP.MC) Continue Reading
Chevron is in talks with the Venezuelan government to gain more control over their joint venture and help Caracas boost oil production. Bloomberg reported that the negotiations are being led Continue Reading
Mexico leads with 40% of US product imports in Nov Strong summer demand, heatwaves lift tender activity US refined product exports to Latin America have returned to pre-pandemic levels, and Continue Reading
