HOUSTON, TEXAS (By editors with Energy Analytics Institute, 27.Feb.2026, Words: 666) — The following briefs are the top stories from the top media outlets on 27 Feb. 2026 across the Latin America and Caribbean (LAC) region, as compiled by editors from Energy Analytics Institute (EAI).
EAI has not verified these stories and does not vouch for their accuracy.
MEXICO
— Petróleos Mexicanos (Pemex) awarded development of the Macavil field to GSM Bronco, a firm linked to Grupo Carso, owned by businessman Carlos Slim. The field is considered the “jewel” of the new mixed contracts, reports El Financiero. The field has 393.2 MMcf/d of wet gas and 27.5 MMbbls of condensate. Condensate has high commercial value, making Macavil a strategic asset for the country’s energy production.
— Mexico’s richest man, Carlos Slim, won 1 of the first contracts under the mixed development scheme (which combines public and private investment), reports El Financiero citing Petróleos Mexicanos (Pemex) Víctor Rodríguez Padilla. 7 Pemex JV contracts were awarded to Mexican cos., including 1 belonging to Grupo Carso. Additionally, 4 other contracts are currently undergoing competitive review, explained the Pemex director at a conference w/ investors.
RELATED: SHEINBAUM TO PRESENT ELECTORAL REFORM TO MEXICAN CONGRESS
— Petróleos Mexicanos (Pemex) exported 294,400 b/d of crude oil in Jan. 2026, its lowest level in 36 yrs, down 44.6% YOY and well below expectations. The drop in sales to the Americas, Europe, and Asia reflects a shift towards supplying domestic refineries. Experts warn that, given the low production, Mexico could even import oil in the future, reports El Financiero.
— Xóchitl Gálvez says she’s doing better as a content creator than she did in politics. After her defeat to Claudia Sheinbaum Pardo in 2024, she shares health, cooking, exercise, and national opinions on social media, reports El Financiero. Gálvez says her digital presence allows her to connect w/ young people, exert influence w/o party affiliation, and maintain a dialogue with citizens regarding her political future.
— US ambassador to Mexico Ronald Johnson issued a message against drug trafficking. He highlighted the visit of ONDCP director Sara Carter and affirmed that Donald Trump and Claudia Sheinbaum will continue working “side by side” to strengthen security, reports El Financiero.
— Mexico reported record FDI of $40.871bn in 2025. The growth is 10.8% annually, and “signifies greater confidence in our country,” Mexico’s president Claudia Sheinbaum said in a post on social media.
— Claudia Sheinbaum said she rec’d Coca-Cola‘s global CEO Henrique Braun at the National Palace. Braun informed of a $6bn investment in Mexico, she said during her daily press briefing.
RELATED: VENEZUELA’S ATTORNEY GENERAL TAREK WILLIAM SAAB HALABI
— The 2026 FIFA World Cup trophy arrives on Saturday 28 Feb. 2026 at the Alfa Romeo International Stadium (ALFA). Guadalajara will be the first stop on the tour, Sheinbaum said during here daily press briefing. “I spoke by phone with the president of FIFA, Gianni Infantino [and] we continue working as we have been to successfully host the 2026 FIFA World Cup.”
VENEZUELA
— China has bought some of the Venezuelan oil previously acquired by the US, Bloomberg Linea reported citing US energy secretary Chris Wright. When asked about the possibility of JVs in the South American nation, he said, “legitimate Chinese businesses under legitimate business conditions” would be fine.
RELATED: VALERO POSITIONED TO CAPITALIZE ON IMPROVED ACCESS TO VENEZUELAN MARKET
— Adriana Cisneros, head of one of Venezuela’s most powerful business families, is leading efforts to raise $1bn for a private equity fund that will invest in the crisis-stricken nation as it seeks to rebuild, reports Globovision, citing outside reports and people familiar with the matter.
— The National Federation of Gas Station Business Associations (Fenegas) has asked the interim gov’t to standardize fuel prices in Venezuela, which are among the cheapest in the world, according to info. from Reuters. The federation denounces what it claims are yrs of ignored requests that are leaving them without operating margins. After yrs of meetings and requests “without having found, so far, a path to solutions that allow us to provide our service safely, continuously, and profitably,” the federation stated.
RELATED: TOUCHSTONE REPORTS ON PRE-TAX PV10 VALUE OF 2P RESERVES IN TRINIDAD
____________________
By editors at Energy Analytics Institute reporting from Atlanta, Baton Rouge, Houston, Monterrey, Mexico City, Panama City, and Bogota. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.
