PRESS DIGEST 27 MAR. 2026: PEMEX oil spill clean up efforts; “Houston, we have a problem”

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 27.Mar.2026, Words: 399) — The following briefs are the top stories from the top media outlets on 27 Mar. 2026 across the Latin America and Caribbean (LAC) region and beyond, as compiled by editors from Energy Analytics Institute (EAI).

EAI has not verified these stories and does not vouch for their accuracy.

ANALYSIS: 7-POINT CASE FOR PRIVATIZING PDVSA TO MOBILIZE CAPITAL, TECHNOLOGY, REFOCUS GOALS

ARGENTINA

— YPF S.A. filed its annual report on Form 20-F for the fiscal year ended 31 Dec. 31, 2025, in order to comply w/ the US Securities and Exchange Commission (SEC) regulations, the co. said.

BRAZIL

— Brazil’s president Lula unveiled the first supersonic fighter jet manufactured in Latin America, according to reports in local Brazilian newspapers.

MEXICO

— Mexico’s crude oil basket closed at $95.07/bbl on 26 Mar. 2026, according to PEMEX.

— the Mexican govt said it is stepping up comprehensive measures in response to the presence of oil spills along the GOM coastline.

— PEMEX reported YE:25 exit rate production of 1.8 MMb/d of liquids and continues to eye this production averaging 1.8 MMb/d throughout 2026.

— the operation of a vessel w/ its identification system turned off, similar to the actions of ships stealing fuel, was detected in the Bay of Campeche, along w/ a widespread spill, on 14 Feb. 2026 by the SkyTruth platform. According to sources, the suspect vessel may be carrying heavy crude oil, reported El Norte.

Volaris and Viva Aerobus have taken a historic step as their shareholders approved the merger w/ a resounding 91.7% of votes in favor, exceeding the minimum required, according to reports in local Mexican newspapers.

VENEZUELA

— workers w/ Venezuela’s state-owned PDVSA in general are against recent calls by Venezuelan opposition leader María Corina Machado to privatize the Caracas-based co.

US

— the regular gasoline price in Houston was $3.289/gallon at Walmart, according to data compiled by EAI.

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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.