CARACAS, VENEZUELA (By Energy Analytics Institute, 31.Jul.2026, Words: 195) — The following briefs span company details on ExxonMobil, Petroindependencia, S.A., Petropiar, S.A., Chevron Corporation and Hess Corporation, 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.
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LATIN AMERICA AND THE CARIBBEAN
GUYANA
— Exxon’s fifth Guyana FPSO set sail w/ production startup on plan for 4Q:26, increasing capacity by 250,000 b/d. [EAI]
VENEZUELA
— Chevron’s agreement in Venezuela aims to expand its heavy oil interest in the Petroindependencia, S.A. JV while it also has rights to develop the adjacent Ayacucho 8 area at the Petropiar, S.A. JV in the Orinoco heavy oil belt or Faja, according to the Houston-based co. [EAI]
NORTH AMERICA
— Chevron Corp. delivered $1.5bn of annual run-rate synergies related to the Hess Corporation acquisition within 1 year of closing, according to Chevron CEO Mike Wirth. [EAI]
— excluding the Middle East, Exxon delivered its highest production in over 2 decades – roughly 4.1 MMboe/d. Exxon said upstream earnings improved, w/ record Permian production of over 1.8 MMboe/d in the 2Q:26 and the absence of operational disruptions in Kazakhstan, partly offset by the Middle East disruptions. [EAI]
— over the next 4yrs, Exxon plans to invest a further $71bn in the US, w/ over $6bn invested in our US refineries. [EAI]
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By freelance editors and writers reporting for Energy Analytics Institute (EAI) from Atlanta, Baton Rouge, Caracas, Houston, Monterrey, Mexico City, and Bogota.
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