NEW YORK, NEW YORK (By The Atlantic, 22.Oct.2026, Words: 198) â More than a century ago, oil was discovered in Lake Maracaibo in Venezuela, the largest body of water in South America. Tens of billions of barrels’ worth of reserves are thought to remain beneath the water-but they will not […]
Alianza Petrolera Argentina inks deal for Sur RĂo Deseado Este in Santa Cruz
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 22.Oct.2026, Words: 619) â Santa Cruz governor Claudio Vidal presided over the signing of a contract with Alianza Petrolera Argentina S.A. for the development of the Sur RĂo Deseado Este hydrocarbon area in Santa Cruz. The project includes a financial offer exceeding […]
PRESS DIGEST 27Oct2026: Borr search and rescue offshore Gabon
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 27.Oct.2026, Words: 325) â Company briefs spanning details on CoAspire, Compal Electronics, Inc., ARC Cloud, X-Bow, Eni, Agip Energy and Natural Resources (Nigeria) Limited (AENR), Apex Global Energy Limited (APEX)., and Borr Drilling, among others. NORTH AMERICA â Compal Electronics, Inc. and […]
Borr Drilling – Prospector 5 rig incident update; search and rescue operations
HAMILTON, BERMUDA (By Borr Drilling, 26.Oct.2026, Words: 255) â Borr Drilling Limited provides an update on the Prospector 5 incident offshore Gabon, first announced by the company on 25 Oct. 2026. Of the 115 personnel on board, 110 are safe and accounted for. Search and rescue operations are ongoing for the […]
PRESS DIGEST 26Oct2026: EQT-Range $50bn+ deal; Eni in Nigeria
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 26.Oct.2026, Words: 225) â Company briefs spanning details on Borr Drilling, AENR, Eni, APEX, and EQT Corporation and Range Resources, among others. ALSO READ: BORR DRILLING LIMITED – PROSPECTOR 5 RIG INCIDENT UPDATE NORTH AMERICA â EQT announces strategic acquisition of Range […]
EQT reveal strategic acquisition of Range Resources in $50bn+ deal
CANONSBURG, PA. AND FORT WORTH, TEXAS (By EQT, 26.Oct.2026, Words: 794) â EQT Corporation and Range Resources Corporation entered into a definitive merger agreement, under which EQT will acquire Range in an all-stock transaction to create America’s leading natural gas company with a pro forma enterprise value over $50bn. The combination brings […]
PEMEX CEO boasts oil production of 1.76 MMb/d
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 26.Oct.2026, Words: 177) â PEMEX CEO Juan Carlos Carpio Fragoso highlighted the progress made in strengthening the state-owned company to consolidate Mexico’s energy sovereignty. âThrough stabilization in production, refining, and the provision of strategic inputs such as fertilizers and petrochemicals, we guarantee the […]
Petroecuador resumes exports of Colombian oil along OSLA and SOTE
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 26.Oct.2026, Words: 141) â EP Petroecuador resumed transport of Colombian crude oil through its pipelines in what is seen as a logistical service that strengthens bilateral cooperation between Ecuador and Colombia and generates revenue for the Andean country. Prior to the restart, […]
NABEP not obligated to pay $200bn in taxes/royalties in Venezuela: ProPublicaÂ
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 26.Oct.2026, Words: 164) â A report by the investigative news outlet ProPublica revealed the oil pact signed by US secretary of state Marco Rubio and US secretary of defense Pete Hegseth grants Washington a 35% stake in the parent company of North […]
Eni divests Nigerian subsidiary AENR to APEX
SAN DONATO MILANESE, ITALY (By Eni, 26.Oct.2026, Words: 149) â Eni completed the sale of its subsidiary Agip Energy and Natural Resources (Nigeria) Limited (AENR) to Apex Global Energy Limited, a company wholly owned by Sterling Oil Exploration and Energy Production Company Ltd, one of Nigeriaâs leading operators in the onshore […]
Borr confirms incident at Prospector 5 offshore Gabon, 5 still missing
HAMILTON, BERMUDA (By Borr Drilling, 25.Oct.2026, Words: 425) â Borr Drilling Limited confirms an incident occurred at approximately 20:37 local time on 24 Oct. 2026 involving the Prospector 5 drilling rig while conducting jacking operations offshore Gabon in preparation for a planned drilling campaign. The Prospector 5 is owned and operated […]
Mexico eyes 40 industrial parks across 14 states
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 25.Oct.2026, Words: 120) â The new projects are located in 14 states and will house 420 manufacturing and logistics companies. The northern border region accounts for half of the 20 new industrial parks incorporated into Plan Mexico: 10 complexes distributed between Coahuila and […]
Marco Rubio comments on MarĂa Corina Machadoâs return to VenezuelaÂ
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 25.OCt.2026, Words: 156) â Conditions allowing for the safe return of opposition leader MarĂa Corina Machado to Venezuela is the direct result of the US supported reconciliation talks with the interim government, according to US secretary of state Marco Rubio. ALSO READ: MARĂA […]
MarĂa Corina Machado returns to Venezuela
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 25.Oct.2026, Words: 92) â MarĂa Corina Machado has returned to Venezuela. Her first public appearance was at the Santa Rosa Church in Barquisimeto. This, to give thanks to the Divina Pastora (Divine Shepherdess), El Carabobeño reported on 25 Oct 2026. “I am here […]
PRESS DIGEST 25Oct2026: LatAm elections; Lula leading Bolsonaro BRA; Vaca Muerta eyes Asia
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 25.Oct.2026, Words: 335) â Company briefs spanning details on Quintana, bp, Mexicoâs Ministry of Foreign Affairs, and Mexico’s CFE, among others. LATIN AMERICA AND THE CARIBBEAN ARGENTINA â Vaca Muerta is making inroads in Asia and prepares for a historic leap in […]
Petroecuador awards PetroperĂș 2 contracts to export 16.2 MMbbls of Oriente crude
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 25.Oct.2026, Words: 121) â The state-owned companies of Ecuador and Peru, EP Petroecuador and PetroperĂș, respectively, renewed commercial operations after 4 years, strengthening regional energy integration. Said operation opens new possibilities for cooperation in the supply of crude oil and derivatives, logistics […]
CFE to invest $804mn in Altamira combined cycle power plantÂ
MEXICO CITY, MEXICO (By Fidencio Casillas, Editores Latin Petroleum, 25.Oct.2026, Words: 119) â CFE will build the Altamira combined cycle power plant with an investment of $804mn. The plant will add 557 MW to the National Electric System, ePlusMexico reported on 25 Oct. 2026. Over 1.3 million residents will benefit, […]
Fugro Brasilis reaches Venezuela to advance Deltana platform gas project
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 24.Oct.2026, Words: 177) â The scientific vessel M.V. Fugro Brasilis arrived in Venezuela to advance a gas project on the Deltana platform. With the arrival of the vessel in Venezuelan waters, BP Exploration, in partnership with UCC Oil and Gas Holding and XRG, […]
PEMEX reported has started reducing staff amid restructuring
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 24.Oct.2026, Words: 430) â State-owned PEMEX has reported begun laying off management-level employees and reducing staffing levels as part of a restructuring that has already reached facilities in Tamaulipas and its headquarters in Mexico City. So far, there is no confirmed figure for […]
IDB approves $200mn guarantee for transmission expansion in Argentina
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 24.Oct.2026, Words: 121) â Argentina is moving forward with its electric transmission expansion plan through private financing. This, as the IDB approved a $200mn guarantee to support the AMBA I and Puerto Madryn – Choele Choel – BahĂa Blanca projects. Said projects […]
Lula talks about Bolsonaro family and gambling
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 24.Oct.2026, Words: 137) â The Brazilian people deserve to know why the Bolsonaro family opened Brazil’s doors to Tigrinho and online gambling, Brazilâs president Luiz InĂĄcio Lula da Silva announced in a post on social media. “While millions of families work hard to pay […]
Chinaâs FM Wang Yi talks about global governance
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 24.Oct.2026, Words: 186) â Global governance serves the common interests of all nations, and requires the collective effort of the international community, Chinaâs foreign minister Wang Yi said during the 2026 Global Governance Forum. âChina calls on all countries to work together and […]
Chinaâs FM Wang Yi present at the 2026 Global Governance ForumÂ
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 24.Oct.2026, Words: 176) â âMomentous transformations not seen in a century are unfolding before our eyes at a faster pace,â Chinaâs foreign minister Wang Yi said during the 2026 Global Governance Forum. This, he said while âunilateralism and bullying resurge and the governance […]
PRESS DIGEST 24Oct2026: Betancourt in Zulia; Derwick deals; Iran-US tensions; Quintana ARG
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 24.Oct.2026, Words: 445) â Company briefs spanning details on Quintana, IDB, PEMEX, Derwick, Petropar, the World Bank, and VTV, among others. AFRICA â an oil rig sank off Gabon’s coast. [Agencies] NORTH AMERICA â droughts and floods caused by El Niño can […]
Pequiven eyes shipment of 30,000 metric tons of fertilizer to the US
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 24.Oct.2026, Words: 109) â The state-owned company PetroquĂmica de Venezuela formalized shipment of 30,000 metric tons of fertilizer destined for the US through an alliance with XTS Commodities. ALSO READ: VENEZUELA’S FETRAENERGĂA DENOUNCES WORKER “AGGRESSION” BY NABEP According to the statement by the […]
Quintana starts new drilling campaign in Aguada Bandera AnticlineÂ
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 24.Oct.2026, Words: ) â Quintana is beginning a new drilling campaign in the Aguada Bandera Anticline area, as part of the commitments made in the extension agreement signed in 2024. The campaign includes the drilling of 4 wells, primarily targeting the Bajo […]
China Machinery to activate 600MW unit at Planta Centro next month
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 23.Oct.2026, Words: 123) â Venezuela seeks to revive one of its largest power plants with China’s help, amid an energy crisis marked by blackouts and growing social unrest, according to Bloomberg. China Machinery Engineering plans to reactivate a 600-megawatt unit at Planta Centro […]
Venezuela enters less visible phase of post-quake recovery
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 23.Oct.2026, Words: 300) â 4 months after the devastating dual earthquakes that shook Venezuela, the situation has entered a less visible phase, marked by the aftermath of the damage to infrastructure and the emotional consequences. JesĂșs “Txuo” RodrĂguez Villarroel, a Jesuit priest and […]
TOFCO, EOG and BP see through loadout of Coconut jacket
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 23.Oct.2026, Words: 191) â TOFCO, EOG and BP are boasting successful fabrication and loadout of the Coconut jacket. ALSO READ: BPTT GETS FIRST GAS FROM MENTO OFFSHORE TRINIDADâS SE COAST, EYES COCONUT The Coconut project, pursued by EOG and BP, will strengthen […]
CEPAL updates economic growth estimates for LAC region
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 23.Oct.2026, Words: 171) â CEPAL updated its economic growth estimates for all of the countries in the Latin America and Caribbean region. ALSO READ: RISING MARITIME RATES IMPACTING VENEZUELAN OIL EXPORTS Important highlights follow: â geopolitical tensions, disruptions to logistics routes, and […]
Rising maritime rates impacts Venezuelan heavy oil marketing, exports
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 23.Oct.2026, Words: 130) â The increase in maritime transport rates is complicating the marketing and export of Venezuelan heavy crude oil to international markets. According to reports from trade operators gathered by Reuters, freight rates for transporting raw materials from the American coast […]
Venezuela natural gas key to optimizing SEN functionality
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 23.Oct.2026, Words: 109) â Consolidation of natural gas production is fundamental to ensuring the optimal functioning of the National Electric System (SEN) and Venezuelan industry. This, according to Venezuelaâs interim president Delcy RodrĂguez, speaking on 23 Oct. 2026 in a broadcast on Venezuelan […]
QatarEnergy in talks to buy US LNG from Woodside’s Louisiana plant: Reuters
HOUSTON, TEXAS (By Reuters: Curtis Williams and Marwa Rashad, 23.Oct.2026, Words: 394) â  QatarEnergy is in talks with Woodside Energy WDS.AX to buy up to 3 million metric tons of liquefied natural gas per annum (mtpa) from its Louisiana LNG plant under construction, three people with knowledge of the negotiations told Reuters. ALSO […]
PRESS DIGEST 23Oct2026: CIA in CUB;Â Laguna Verde; PetroperĂș-Petroecuador
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 23.Oct.2026, Words: 680) â Company briefs spanning details on PetroperĂș, EP Petroecuador, Mexicoâs CFE, the National Survey of Urban Public Security (ENSU) of the National Institute of Statistics and Geography (INEGI), Blue Waters, TOFCO, EOG, bp, PEMEX, and the CIA, among others. […]
Lavaca: $2.5bn-$3bn per year needed to incorporate new thermoelectric capacityÂ
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 22.Oct.2026, Words: 140) â Venezuela needs to invest between $2.5bn-$3bn annually to incorporate new thermoelectric generation capacity and respond to the growth in electricity demand resulting from the economic expansion the OPEC country is experiencing, El Carabobeño reported on 22 Oct. 2026. This, […]
Sheinbaum applauds 3.7% annual economic growth reported in Sep. 2026
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 22.Oct.2026, Words: 201) â Mexicoâs economy grew an estimated 3.7% in Sep. 2026 compared to Sep. 2025. ALSO READ: SHEINBAUM TEMPORARILY ELIMINATES 10% IMPORT TARIFF ON AUTO PARTS Mexicoâs president Claudia Sheinbaum Pardo said the Timely Indicator of Economic Activity (IOAE) estimated annual […]
PRESS DIGEST 22Oct2026: protests in FRA; MEX GDP growth; clashes in Ethiopia
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 22.Oct.2026, Words: 505) â Company briefs spanning details on Alianza Petrolera, the Mexican Association of Private Industrial Parks (AMPIP), Cheniere Energy, Inc., Sabine Pass Liquefaction, LLC, Corpus Christi Liquefaction, LLC and QatarEnergy, among others. LATIN AMERICA AND THE CARIBBEAN ARGENTINA â Vidal […]
Cheniere inks long-term SPA to supply QatarEnergy with LNG through 2054
HOUSTON, TEXAS (By Cheniere, 22.Oct.2026, Words: 398) â Cheniere Energy, Inc. announced its subsidiaries, Sabine Pass Liquefaction, LLC (SPL) and Corpus Christi Liquefaction, LLC (CCL), have each entered into long-term liquefied natural gas (LNG) sale and purchase agreements (SPA) with QatarEnergy to supply a total of 4 million tonnes per […]
FetraEnergĂa denounces worker “aggression” by NABEP
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 21.Oct.2026, Words: 287) â The Federation of Energy Workers of Venezuela (FetraEnergĂa) denounced what it labeled a “blatant aggression by North American Blue Energy Partners (NABEP) against the working class” south of Lake Maracaibo. Under an illegal “day-to-day” scheme, NABEP is carrying out […]
PRESS DIGEST 20Oct2026: oilfield jobs in VEN; PEMEX fire; ARG energy trade
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 20.Oct.2026, Words: 395) â Company briefs spanning details on Argentinaâs Energy Secretariat, Weatherford, Baker Hughes, Halliburton, PEMEX, SLB and PDVSA among others. ALSO READ: FIRE REPORTED AT PEMEXâ ABKATĂN-H PLATFORM OFFSHORE CAMPECHE LATIN AMERICA AND THE CARIBBEAN ARGENTINA â in Sep. 2026, […]
Pluspetrolâs Bajo del Choique-La Invernada project approved for RIGI
BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 19.Oct.2026, Words: 127) â The Bajo del Choique-La Invernada project, owned by Pluspetrol, has been approved for inclusion in the countryâs Incentive Regime for Large Investments, also known as RIGI. The project anticipates a total investment of $12.24bn for the unconventional development […]
Current and former PDVSA demand better working conditions
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 19.Oct.2026, Words: 160) â Active and retired workers of state-owned PetrĂłleos de Venezuela (PDVSA) gathered in Zulia state to demand improved working conditions. They occupied the gates of the Miranda Building, the state-owned company’s headquarters in Maracaibo, and docks on the eastern shore […]
PRESS DIGEST 19Oct2026:Â Eni/Repsol VEN; TotalEnergies Vaca Muerta
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 19.Oct.2026, Words: 325) â Company briefs spanning updates on PEMEX, JinkoSolar Holding Co., Ltd., TotalEnergies, Eni, Repsol, and ECOPETROL among others. LATIN AMERICA AND THE CARIBBEAN ARGENTINA â NeuquĂ©n negotiates a $150mn infrastructure bond w/ TotalEnergies to advance the exploitation of a […]
Trump pressures Mexico to buy more US natgas, on access to PEMEX
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 19.Oct.2026, Words: 157) â Mexicoâs president Claudia Sheinbaum Pardo acknowledged that during calls with her US counterpart Donald Trump that he has pressured Mexico to buy more US natural gas. Sheinbaum said Trump also requested access to state-owned PetrĂłleos Mexicanos (PEMEX), El Financiero […]
Fire reported at PEMEXâ AbkatĂșn-H platform in Campeche
MEXICO CITY, MEXICO (By Fidencio Casillas, Editores Latin Petroleum, 19.Oct.2026, Words: 122) â PetrĂłleos Mexicanos (PEMEX) activated safety protocols to control a fire that broke out at 11:15 a.m. at the AbkatĂșn-H platform. The unmanned satellite platform is located 73km from Ciudad del Carmen, Campeche, the Mexico City-based company reported […]
Venezuela eyes infrastructure recovery, higher oil production
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 19.Oct.2026, Words: 218) â The Venezuelan energy sector has an eye on improved operational capabilities amid actions to recover infrastructure, equipment, and spare parts. This, as part of moves to guarantee operational reliability across all processes in the upstream, downstream and midstream energy […]
Machado excluded from talks in Caracas between Chavistas and opposition
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 19.Oct.2026, Words: 138) â Venezuelan opposition leader MarĂa Corina Machado told The New York Times she was excluded by the US administration from the negotiations taking place in Caracas between the Chavista regime and some opposition representatives. During the interview published by the […]
Refining oil a costly venture for PEMEX
MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 18.Oct.2026, Words: 182) â Refining crude oil has proven costly for state-owned PetrĂłleos Mexicanos (PEMEX). ALSO READ: PEMEX debt higher than Mexican authorities what you to believe This, as the Mexico City-based company may have missed out on approximately around 781bn Mexican pesos […]
PRESS DIGEST 18Oct2026: Tecpetrol Toldos Il Este; Solaria in URU
MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 18.Oct.2026, Words: 225) â Company briefs spanning details on Solaria, Equinor, Tecpetrol, the World Bank, and IDB among others. LATIN AMERICA AND THE CARIBBEAN ARGENTINA â Toldos Il Este, the Tecpetrol development that foresees 380 wells and $6.4bn, includes a treatment plant […]
Venezuela advances fiscal and debt transparency, EcoanalĂtica says
CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 18.Oct.2026, Words: 168) â Venezuela is moving toward transparency in its fiscal and debt figures after years of opacity, according to EcoanalĂtica. This, with estimates placing total liabilities at $238bn, a significant portion of which corresponds to internal debt between public entities, the […]