Latin America & Caribbean
The Trump administration ratcheted up pressure on Venezuela's President Nicolas Maduro on Jan. 23, announcing U.S. recognition of the country's opposition leader as interim president and signaling potential new sanctions against its vital oil sector.
Refined products are stockpiled following closure of fuel pipelines.
Mexico’s government has ordered pipelines shut to limit losses from fuel theft.
Venezuelan state oil firm PDVSA has signed a deal with little-known U.S. energy firm Erepla, partly owned by a prominent Florida Republican, to help increase the socialist-run country’s plummeting crude oil output, the company said.
Most of the spill has been cleaned up but event illustrates the danger of oil theft.
New presidency throws the country’s reform into uncertainty for investors.
Brazilian state-controlled oil company Petrobras said it could raise $26.9 billion through asset sales and partnerships by 2023 as part of a new strategic business plan.
DEA Deutsche Erdoel agreed to buy independent Mexican company Sierra Oil and Gas at a time of growing uncertainty over the private sector's role in Mexico's oil industry.
Nation’s meltdown has no end in sight, with even a U.S. invasion possible.
Talos Energy is joining forces with a subsidiary of Argentina’s Pan American Energy LLC to accelerate exploration efforts offshore Mexico.