CARACAS, VENEZUELA (By Energy Analytics Institute, 23.Jul.2026, Words: 363) — The following briefs span company details on PETROBRAS, Vallourec, KazMunayGas, ENI, Plenitude, and Argentina’s Energy Secretariat, among others.
The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond. Energy Analytics Institute (EAI) has not verified all of these stories and therefore does not vouch for their accuracy.
NORTH AMERICA
— Global oil prices reached $100/bbll for the first time since May 2026 as the
widening war between the US and Iran stifled the flow of energy in the Middle East. [NYT]
LATIN AMERICA AND THE CARIBBEAN
ARGENTINA
— Argentina’s Energy Secretariat announced a public consultation for the Southern Corridor project. The open call is for environmental consultation for the Choel – Bahía Blanca and complementary works. [EAI]
BRAZIL
— PETROBRAS’ P-52 offshore production platform has been shut down far the last 9 mths after a flammable gas leak and does not yet have a timetable to come back online, according to Bloomberg. [EAI]
— Vallourec will produce seamless line pipes in Jeceaba, Minas Gerais, with thermal insulation coating applied in Serra, Espírito Santo. [Offshore Technology]
VENEZUELA
— the Trump admin has collected $13bn+ in revenues from Venezuelan oil sales this yr, according to FT calculations, but has said almost nothing about what has happened to the money. According to FT, “Washington has given diverging accounts of what it is doing with the funds, and US lawmakers from both parties are starting to pressure the administration to explain where the money has gone and what it is doing to prevent corruption around its allocation.” [EAI]
ASIA
— Eni announced the first industrial power from 120MW the Mangystau hybrid power plant is being developed in collaboration w/ KazMunayGas and Eni subsidiary Plenitude. [Power Technology]
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