MONTERREY, MEXICO (By editors with Energy Analytics Institute, 20.Mar.2026, Words: 250) — The following briefs are the top stories from the top media outlets on 20 Mar. 2026 across the Latin America and Caribbean (LAC) region and beyond, as compiled by editors from Energy Analytics Institute (EAI).
ANALYSIS: THE MYTH OF THE QUICK OIL PRODUCTION RAMP-UP IN VENEZUELA
EAI has not verified these stories and does not vouch for their accuracy.
BERMUDA
— Flex Constellation commenced the 15-yr time charter contract in Mar. 2026 with a large Asian utility and asset backed LNG trader. As such, Flex Constellation will now be on firm contract until minimum 2041, according to the co.
CUBA
— the US says Cuba is prohibited from taking Russian oil as 2 tankers head to island.
MEXICO
— Mexico’s president Claudia Sheinbaum is seeking zero tariffs on cars, steel, and aluminum in the coming USMCA negotiations, sources in Mexico tell EAI.Â
— Pemex‘ strategy to attract private capital for exploration and extraction has generated numerous doubts, causing major investors to withdraw from participating, according to El Norte.
— Brazilian president Luiz Inácio Lula da Silva proposed to his Mexican counterpart Claudia Sheinbaum an alliance between state-owned Petrobras and state-owned Pemex to explore for oil in the deep waters of the Gulf of Mexico (GOM). The proposal seeks to strengthen energy cooperation between the 2 countries, according to El Financiero.
VENEZUELA
— the “Great Mission Return to the Homeland” announced arrival of 146 Venezuelans from the US, according to PDVSA.Â
— US and Venezuelan authorities discussed a joint work plan scheduled to strengthen cooperation for the benefit of both nations, according to the Venezuelan presidency.
— Swedish energy co. Maha, managed by Brazilian execs., has exercised its rights to acquire a 24% stake in a Venezuelan oil field after the US provided sanctions relief, reports Bloomberg.
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By editors at Energy Analytics Institute reporting from Atlanta, Baton Rouge, Caracas, Houston, Monterrey, Mexico City, Panama City, and Bogota. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.
