Brought to you by Quest Offshore & Southern Cone Consultants
Sept. 8 (Reuters) - Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands. The move follows remarks on Friday by Argentine President Javier Milei, who vowed to sanction oil companies drilling in the British overseas territory as he stepped up... Continue Reading →
Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
Sept. 3 (Reuters) Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's response to what he called violations of its sovereignty. In a televised address, Milei said... Continue Reading →
Sept. 2 (Reuters opinion by Ron Bousso) From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change. Oil production in the Americas... Continue Reading →
Aug. 31 (OE) Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities. Eni is now the operator of the OFF-5 block with a 50% interest, alongside... Continue Reading →
Aug. 27 (oilprice.com) Alongside boosting exploration and production offshore its home market Norway, Equinor is pursuing an international growth strategy, aiming to significantly increase its overseas oil and gas output by focusing on fewer but more lucrative regions such as the U.S., Brazil, and Angola. In recent years, Equinor has streamlined and high-graded its portfolio... Continue Reading →
Aug 17 (Reuters) - Palantir chair and co-founder Peter Thiel has bought a 1% stake in Argentina's Vista, one of the largest oil companies operating in the country's Vaca Muerta shale formation, according to a U.S. Securities and Exchange Commission filing. The filing, published on Friday, comes four months after the tech billionaire met with... Continue Reading →
Aug 13 (Reuters) - Argentina LNG on Thursday submitted an application to participate in the country's investment scheme to develop its integrated liquefied natural gas (LNG) project with a total investment of $51 billion, state oil firm YPF said in a statement. The project is backed by YPF along with energy firms Eni and XRG,... Continue Reading →
Aug. 12 (oilnow.gy) Guyana’s expanding oil production is helping create more work for tanker owners as growing volumes of crude from the Americas are shipped to buyers farther east, according to S&P Global. The trend is part of a wider increase in Western Hemisphere crude supply from Guyana, the United States, Brazil and Argentina. More of those... Continue Reading →
Aug 10 (Reuters) - Argentina's state oil firm YPF on Monday reported a net profit of $1.21 billion in the second quarter of 2026, compared with $58 million seen a year earlier, citing higher shale production, record processing levels and a hike in international prices. The state-run producer's revenues reached $6.57 billion during the April-to-June... Continue Reading →
Brazil Energy Insight 