
US President Donald Trump ordered on Tuesday a total and complete naval blockade of all sanctioned oil tankers traveling to and from Venezuela, marking the most aggressive move against Caracas' energy sector to date. The announcement came after the recent seizure of a sanctioned vessel.

Argentina's Foreign Ministry on Thursday issued a vigorous rejection of a reported Final Investment Decision by British company Rockhopper Exploration Plc and Israel's Navitas Petroleum Development and Production Limited regarding the Sea Lion oil field in the North Falkland Basin.

The Falkland Islands Government notes that Navitas Petroleum Development and Production Ltd and Rockhopper Exploration Plc have taken their Final Investment Decisions to invest in the Development Program for the Northern Area of the Sea Lion Field.

Borders & Southern Petroleum plc (AIM:BOR) said that the Navitas/Rockhopper on its final investment decision (FID) for the Sea Lion development project represents the first step toward establishing the Falkland Islands as an oil and gas producing region.

The United States seized a large oil tanker in international waters off the coast of Venezuela on Wednesday in a high-stakes maritime operation, marking a significant escalation in the pressure campaign against the Bolivarian regime of Nicolás Maduro.

Uruguay's state-owned electric company, UTE, has formalized an agreement with Gasoducto Cruz del Sur to supply natural gas from Argentina, thereby significantly reducing generation costs.

The UK media is reporting that Navitas, the lead operator of the Falkland Islands Sea Lion field, has told investors it has signed contracts to move the Aoka Mizu floating production vessel from Shetland to the South Atlantic and plans a formal “final investment decision” this month.

Chile's State-owned oil company, Empresa Nacional del Petróleo (Enap), has finalized a colossal import deal worth US$12 billion with major Argentine energy producers, securing a critical long-term supply from the Vaca Muerta unconventional field.

The World Bank Group's International Finance Corporation (IFC), has announced its first global investment in green hydrogen, providing a U$20 million loan to the Kahirós project in Uruguay.

Cuba suffered another massive power outage after a partial collapse of the electrical grid early on Wednesday. Havana and many of the western provinces are without power, according to a state media reporter who spoke with Reuters.