Energy & Oil

Wednesday, October 29th 2025 - 11:29 UTC
Petrobras' output reaches 3.14 million barrels a day in 3Q of 2025

Brazil’s state-run oil company Petrobras achieved an average production of oil, natural gas liquids, and natural gas of 3.14 million barrels of oil equivalent per day in the third quarter of 2025, or 7.6% more than in the second quarter of this year and 16.9% higher than in the third quarter of 2024.
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Tuesday, October 28th 2025 - 09:19 UTC
Bolivia: Private fuel import bill signed into law to tackle shortages

Bolivian President Luis Arce Catacora enacted the so-called “Short Law” on Monday to tackle fuel shortages and guarantee the supply of diesel and gasoline. The legislation, which originated with the Pro Santa Cruz Committee and was passed by the Legislative Assembly last week, offers an alternative solution to the recurring fuel scarcity.
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Tuesday, October 21st 2025 - 10:02 UTC
Amazon: Petrobras cleared to start drilling on Equatorial Margin

Brazil's state-owned oil company, Petrobras, has received a license from the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) to begin exploratory oil drilling on the Equatorial Margin of the Amazon, an area with high hydrocarbon potential, it was announced on Monday.
Tuesday, October 21st 2025 - 08:26 UTC
Oil heading below US$ 50 per barrel anticipates Energy Agency

When oil prices in the international market are sliding faster than expected, already in the range of US$ 50 the barrel, the International Energy Agency, IEA in its latest report anticipated that because of soaring “supply and subdued demand”, oil oversupply will be larger than expected, both in 2025 and 2026. IEA warns that while demand growth is down, supply growth will lead to a record supply overhang, since oil stocks are already soaring, mainly that stockpiled in tankers in water.
Tuesday, October 21st 2025 - 08:23 UTC
Mexico shipping oil to energy starved Cuba

So far this year, Mexico has shipped more than US$ 3 billion worth of subsidized fuel to Cuba through Gasolinas Bienestar, a subsidiary of Pemex, according to an investigation by Mexicanos Contra la Corrupción y la Impunidad (MCCI), as reported by OilPrice.
Thursday, October 16th 2025 - 19:55 UTC
Bolivian Senate passes bill allowing direct fuel imports

Bolivia's Senate has passed a bill allowing for the direct import of fuels by petrol stations to make up for the shortages stemming from the State-run oil company YPFB's lack of US dollars to secure further imports. The initiative was then sent to the Lower House for final approval.
Wednesday, October 15th 2025 - 20:35 UTC
Colombia's GeoPark announces investment in Vaca Muerta

Colombian oil company GeoPark announced this week its plans to make a significant investment and operational agreement for the Vaca Muerta unconventional hydrocarbon reserve in Argentine Patagonia.
Wednesday, October 15th 2025 - 10:05 UTC
Bolivia's fuel crisis deepens ahead of presidential runoff

The fuel crisis in Bolivia has deepened just days before this coming weekend's presidential runoff, with stocks plummeting: There is only enough diesel for one day and gasoline for three days, Hydrocarbons Alejandro Gallardo admitted Tuesday. In this context, President Luis Arce Catacora has been accused of causing this problem deliberately.
Friday, October 10th 2025 - 20:59 UTC
Bolivia: New fuel shortage and additional scandals at YPFB

The Bolivian city of Santa Cruz de la Sierra is facing a worsening shortage of diesel and gasoline, leading to long queues at petrol stations, particularly lorries waiting up to five days to tank up.
Saturday, October 4th 2025 - 10:09 UTC
Paraguay wants to build a “Panama Canal” of natural gas

During the 10th Energy Week of the Latin American Energy Organization (OLADE) in Santiago (Chile), Paraguay unveiled an ambitious proposal to construct a bi-oceanic gas pipeline that could reshape the continent's energy landscape.