
Eco (Atlantic) Oil &Gas Ltd, the Canadian exploration company focused on the offshore Atlantic Margins, announced that Navitas Petroleum LP (“Navitas”), with whom Eco signed a Framework

Argentina has reportedly put on hold its plan to relocate its embassy in Israel to Jerusalem after diplomatic friction linked to offshore oil drilling near the Falkland Islands, Israeli broadcaster Channel 12 reported over the weekend.

Negotiations between the Bolivian Government of President Rodrigo Paz Pereira and the Bolivian Workers' Union (COB) collapsed on Friday, leaving the country's instability on the brink of further escalation.

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.

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.

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.

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.

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.

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.

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.