Energy & Oil

Friday, January 9th 2026 - 20:33 UTC
EU-Mercosur deal to be signed in Asunción on Jan. 17

The Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) will be signed in Paraguay on Saturday, Jan. 17, Argentine Foreign Minister Pablo Quirno confirmed on Friday, following the decisive round of voting in Brussels, where France and its allies failed to reach the minimum number to topple the initiative.
Thursday, January 8th 2026 - 10:55 UTC
Venezuela's new oil revenues to be spent solely on US goods

President Donald Trump on Wednesday announced that the proceeds from his country's future oil purchases from Venezuela under caretaker President Delcy Rodríguez will be spent entirely on US-made products, making Washington Caracas' new main trading partner instead of Moscow, Beijing, or Tehran.
Thursday, January 8th 2026 - 10:20 UTC
US keeps seizing tankers linked to Venezuela

United States forces executed back-to-back seizures of two major oil tankers on Wednesday, marking a significant escalation in the naval blockade of Venezuela. The operations, part of the broader “Operation Southern Spear,” targeted vessels accused of defying sanctions and operating within the “dark fleet” to transport Venezuelan crude.
Wednesday, January 7th 2026 - 19:05 UTC
PDVSA confirms negotiations with US for crude sales amid post-Maduro energy realignment

Venezuela’s state oil company PDVSA confirmed on Tuesday that it is currently engaged in negotiations with the United States for the sale of crude oil volumes, framing the talks as a strictly commercial transaction.
Wednesday, January 7th 2026 - 10:55 UTC
Trump claims control of Venezuelan oil: Up to 50 million barrels bound for US

US President Donald Trump announced on Tuesday that Venezuela's interim authorities had agreed to “turn over” between 30 and 50 million barrels of crude oil to the United States.
Wednesday, January 7th 2026 - 10:12 UTC
Key IDB Chief's visit to Bolivia announced

Inter-American Development Bank (IDB) President Ilan Goldfajn is visiting Bolivia between Jan. 13 and 14, marking the first time in 15 years that someone in his position has become interested in the landlocked South American country, signaling a shift in international financial relations under the administration of President Rodrigo Paz Pereira.
Tuesday, January 6th 2026 - 10:07 UTC
Strategic partnership concerning Vaca Muerta announced

Pan American Energy (PAE) and the US shale giant Continental Resources announced Monday a strategic partnership to accelerate the development of four key blocks in the Vaca Muerta formation.
Tuesday, January 6th 2026 - 10:00 UTC
Tierra del Fuego in dire straits

The Argentine province of Tierra del Fuego is grappling with a deepening economic and institutional crisis, amid mounting industrial layoffs, high-level government resignations, and a sharp local debate over the US military intervention in Venezuela.
Tuesday, January 6th 2026 - 10:00 UTC
Brazil's oil and gas production has its ups and downs in late 2025

Brazil's oil and natural gas production totaled 4.921 million barrels of oil equivalent per day (boe/d) in November 2025, with 3.773 million barrels per day (bbl/d) of oil extracted, which represented a 6.4% decrease from the previous month and a 13.9% increase compared to the same month in 2024.
Saturday, January 3rd 2026 - 20:11 UTC
Trump says U.S. will govern Venezuela until a “safe transition” after Maduro’s capture

U.S. President Donald Trump said Washington will govern Venezuela until a “safe transition” is achieved, following the capture of Venezuelan leader Nicolás Maduro in a large-scale military operation.