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South America

Brazilian oil and gas auctions draw Canadian and Kuwaiti newcomers

The list of registrants for the next rounds of Brazil’s oil and gas watchdog ANP, released last Friday (June 26),…
XRG expands globally with stake in Argentine gas blocks
South America

XRG expands globally with stake in Argentine gas blocks

XRG, the low-carbon energy and chemicals investment arm of Abu Dhabi National Oil Company (Adnoc), has signed a deal with…
Petrobras and Pemex Sign Deal to Drill the Gulf of Mexico
South America

Petrobras and Pemex Sign Deal to Drill the Gulf of Mexico

The Petrobras Pemex deal is now signed, pairing Latin America’s two state oil giants in a hunt for crude in…
South America

Petronas makes new gas find at Suriname offshore block, discoveries equivalent to 1 billion barrels

PARAMARIBO – Malaysia’s state-controlled energy producer Petronas has made another gas ‌discovery at offshore Block 52 in Suriname, the South…
El-fin-operativo-y-desmantelamiento-de-campos-petroleros
South America

Saipem and Petrobras agree on the decommissioning of oil fields in Brazil

The energy companies are evaluating joint technological and logistical solutions for the safe abandonment of oil wells in the Brazilian…
Petronas is testing Block 52 offshore Suriname for oil
South America

Petronas is testing Block 52 offshore Suriname for oil

Block 52 was already declared commercially viable for gas. Now Petronas is testing it for oil. Staatsolie Managing Director Annand…
offshore-oil-and-gas-platform
South America

Venezuela’s Oil Exports Hit Seven-Year High as Global Buyers Return

Venezuela’s oil production and exports are set to increase in the coming months as the United States further eases the…
chevron
South America

Chevron and Partners to Support TGS-Led Argentina NGL Project

Key Takeaways Chevron, YPF and Pluspetrol are expected to ink contracts for TGS’ $3B Argentina NGL project. The partners are…
SLB
South America

SLB Lands Major Deal to Help Rebuild Venezuela’s Oil Industry

SLB has signed a long-term contract with Venezuela’s PDVSA to reverse a major decline in oil production and modernize the…
Brazil, Guyana and Venezuela Transform South America Into the World's Fastest Growing Oil Export Region in 2026
South America

Brazil, Guyana and Venezuela Transform South America Into the World’s Fastest Growing Oil Export Region in 2026

South America has raised its oil exports more than the U.S. has done so far this year as key producers…

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