MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 10.Nov.2026, Words: 589) — Company briefs spanning details on Acerbrag, S.A., Votorantim, S.A., Grupo Simec, S.A.B. de C.V., IMPSA, PDVSA, ExxonMobil, EP Petroecuador, and Petroperú, among others.
LATIN AMERICA AND THE CARIBBEAN
ECUADOR
— as part of gov’t of Ecuador’s president Daniel Noboa’s trade policy, EP Petroecuador awarded 2 contracts to Petroperú to export 16.2 MMbbls of Oriente crude. These sales are expected to generate an estimated $1.652bn in revenue for the Ecuadorian gov’t, calculated based on current WTI benchmark prices. [Editores LatinPetroleum]
— gov’t supports Ecuador’s air connectivity with the dispatch of over 112 million gallons of fuel. [Editores LatinPetroleum]
— w/ an investment of nearly $300,000, Petroecuador completed the comprehensive replacement of the distillation tower at the Lago Agrio topping plant, “strengthening the safety, reliability, and efficiency of this strategic infrastructure,” the co. said. [Editores LatinPetroleum]
— the gov’t of president Daniel Noboa is strengthening the protection of fuels and EP Petroecuador’s infrastructure through coordinated actions w/ the National Police, the Armed Forces, and intelligence agencies. The increased police presence at refineries and surveillance of pipelines are part of the effort to combat fuel theft and protect Ecuador’s resources. [Editores LatinPetroleum]
MEXICO
— Grupo Simec, S.A.B. de C.V. announced agreement w/ Votorantim, S.A. to acquire Acerbrag, S.A. [Grupo Simec]
VENEZUELA
— the exploitation of one of Venezuela’s gas-rich jewels fell into the hands of a Qatari co. whose owners maintain business relationships w/ Donald Trump’s family. [Armando]
— family matters: overnight, in Aug. 2026, a Qatari firm was awarded the rights to exploit a massive gas field on the eastern coast, bordering the waters of Trinidad and Tobago. The Syrian-Qatari brothers who run the co. are also involved with Jared Kushner in a controversial real estate development in Albania. The awarding of this contract reflects both the power that the Washington-backed regime wields over the Caracas gov’t and Delcy Rodríguez’s interest in cultivating her already close ties with the Arab emirate. [Armando]
— PDVSA and ExxonMobil ink MOU in Caracas. [Editores LatinPetroleum]
ALSO READ: FETRAENERGÍA ON COMPETITIVENESS OF MISERY AND LABOR TERROR IN VENEZUELA
— IMPSA said technical meetings, evaluations, and collaborative work were part of the path toward launching the Tocoma and Macagua rehabilitation and modernization program. Said work is focused on a concrete objective: recovering 672 MW of generation capacity for Venezuela in 24 mths, as part of the first phase, the co. said in an official stmt. [Editores LatinPetroleum]
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By freelancers reporting for Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA reporting from Atlanta, Baton Rouge, Caracas, Houston, Monterrey, Mexico City, and Bogota.
The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond. Not all the briefs have been verified and therefore EAI and Editores Latin Petroleum CA do not vouch for their accuracy.
EAI and Editores Latin Petroleum CA do not provide investment advice.
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