Five Groups Fight for Argentina’s Biggest Gas Distributor
Five groups fight for Metrogas sale, Argentina's largest gas distributor with 2.5M users. The 70% YPF stake is worth US$560M...
July 23, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Batista Brothers Expand Venezuela Oil Bet With PDVSA Stake
Brazil’s Batista brothers are deepening a Venezuela oil bet: their Fluxus firm took a 49% stake in a PDVSA joint...
July 23, 2026
Pay 17 Million Dollars by July or Lose It: Guyana Oil Block Warning
Guyana oil block S7 faces suspension as Cybele Energy misses a $17 million signing bonus deadline. The shallow-water tract holds...
July 13, 2026
A New Study Explains Why Guyana Strikes Oil and Suriname Struggles
A new study of the Guyana Suriname oil basin shows why Guyana's Golden Lane strikes oil while offshore Suriname keeps...
July 13, 2026
Karoo Earthquake Fault: 66-Quake Swarm Tests Gas Plans
Karoo earthquake fault find: UCT scientists trace a swarm of 66 quakes to a previously unknown fault, raising risk as...
July 13, 2026
Angola’s Richest Man Doubles His Stake in the Block 17/06 Oil Field
Angola Block 17/06 changes hands: Sonangol cedes 5% to António Mosquito's Falcon Oil, doubling the tycoon's stake in the TotalEnergies-operated...
July 13, 2026
Nigeria’s Oil Production Hits a 74-Month High, Beating Its OPEC Quota
Nigeria oil production hit 1.735 million barrels a day in June 2026 - a 74-month high at 104% of its...
July 13, 2026
Korea Helps Fund Guatemala’s Push to Light Up the Countryside
A $120M IDB-Korea loan powers Guatemala's rural electrification, wiring 133 villages and aiming to connect 40,000 households and 221,000 people.
July 12, 2026
ExxonMobil Puts $935,000 Into Training Trinidadians for Oil
ExxonMobil put $935,000 into training and scholarships for Trinidadians in its first year on Block TTUD-1, as its Trinidad deepwater...
July 12, 2026