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Dec. 18 (oilprice.com) Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase in 2026 the U.S. Energy Information Administration has predicted. According to the energy watchdog, Brazil's growth will mainly be driven by new offshore... Continue Reading →
Dec 4 (Reuters) - The chief executive of Argentina's state-controlled energy company YPF expects a final investment decision on a $20 billion, 12 million metric ton per year liquefied natural gas project around the middle of next year, he told Reuters on Thursday. Horacio Marin added that he expected YPF and its partners in the project,... Continue Reading →
Nov. 12 (oilpeice.com) In a surprise development, Argentina’s unconventional oil production hit a new all-time high for September 2025. This occurred despite overall monthly production falling marginally when compared to the prior period and shale gas output plummeting to a multi-month low. It is the prolific Vaca Muerta shale that is driving Argentina’s rapidly rising oil and... Continue Reading →
Nov 7 (Reuters) - Argentine state-controlled energy company YPF (YPFDm.BA), opens new tab swung to a net loss of $198 million in the third quarter, the company said on Friday, saying the loss reflected a deferred tax charge. The company's adjusted earnings before interest, tax, depreciation and amortization (EBITDA), a key measure of industry profitability, stood at... Continue Reading →
Nov. 7 (oilprice.com) Oil production from offshore Brazil, Guyana and Suriname, as well as Argentina’s Vaca Muerta shale is well-positioned to supply cost-competitive barrels until 2030. Global oil demand is expected to remain robust throughout the 2030s, putting pressure on currently producing assets to keep pace. Rystad Energy’s research forecasts global liquids demand to peak... Continue Reading →
Oct 26 (Reuters) - Argentine President Javier Milei's party cruised to victory in midterm legislative elections as voters handed him a mandate to keep pushing through his radical overhaul of the economy despite widespread discontent with his deep austerity measures. A relief to Milei, whose poll numbers had sagged in recent weeks, the results are... Continue Reading →
Oct. 23 (OE) Golar LNG has informed that all conditions for the 20-year charter of its 3.5 million tonnes per annum (MTPA) MK II Floating Liquefied Natural Gas (FLNG) unit to Southern Energy S.A. (SESA) in Argentina have been satisfied. The announcement confirms $8 billion in EBITDA backlog before commodity exposure and inflationary adjustments. The... Continue Reading →
Oct 7 (Reuters) - Drilling and fracking activity in Argentina's Vaca Muerta, the world's fourth-largest unconventional oil reserve, is plateauing due to lower oil prices and rising costs, a slowdown that could complicate the political agenda of libertarian President Javier Milei. The huge Vaca Muerta formation in western Argentina accounts for 64% of the country's... Continue Reading →
Oct 6 (Reuters) - Brazil's state-controlled oil company Petrobras has made its first import of non-conventional natural gas from Argentina's Vaca Muerta reserve in the Neuquen basin, the company said on Monday. In a statement, the firm noted the natural gas was transported on Friday via pipelines from Argentina to Bolivia, and from there to Brazil,... Continue Reading →
Sept 30 (Reuters) - The construction of a flagship pipeline to transport oil output from Argentina's Vaca Muerta shale region to the coast is 35% complete, the country's head of energy, Daniel Gonzalez, said at a conference on Tuesday. The 437-kilometer Vaca Muerta South pipeline by a holding company led by state-controlled YPF will connect Argentina's most important... Continue Reading →
Brazil Energy Insight 