Oil & Gas - Nyland South Energy

ExxonMobil Deems Venezuela Oil Sector Unviable for Investment Amid US Government Push

ExxonMobil’s CEO Darren Woods has underscored the Venezuelan oil sector’s current inviability for investment, requiring significant legal and commercial reforms before reentry. Despite President Donald Trump’s push for $100 billion private sector investments to revive Venezuela’s oil production, major energy firms remain cautious, signaling prolonged uncertainty and high risks ahead. Darren Woods communicated to President […]

ExxonMobil Deems Venezuela Oil Sector Unviable for Investment Amid US Government Push Read Post »

Economy, Oil & Gas, Venezuela

PDVSA Confirms Sale of Venezuelan Crude to U.S. under New Commercial Framework amid Policy Shift

PDVSA has entered advanced negotiations with the United States to supply significant volumes of Venezuelan crude oil, leveraging commercial schemes akin to existing partnerships with firms like Chevron. The arrangement marks a strategic shift in bilateral energy relations, with U.S. authorities poised to manage sales and revenues while positioning Venezuelan oil for market reintegration amid

PDVSA Confirms Sale of Venezuelan Crude to U.S. under New Commercial Framework amid Policy Shift Read Post »

Argentina, Oil & Gas, Politics

Argentina’s Milei Supports U.S. Military Intervention in Venezuela while Maintaining Trade with China

Argentine President Javier Milei has openly backed the recent U.S. military operation in Venezuela, emphasizing its strategic objective to cut off oil supplies to socialist regimes. Despite his strong geopolitical alignment with the United States, Milei reaffirmed that Argentina will maintain its commercial ties with China, signaling the coexistence of trade interests alongside shifting political

Argentina’s Milei Supports U.S. Military Intervention in Venezuela while Maintaining Trade with China Read Post »

Oil & Gas, Politics, Venezuela

U.S. Administration Engages Major Oil Companies Including Repsol in Venezuela Oil Sector Revival Post-Maduro Detention

The U.S. government convened a high-level meeting with leading global oil companies to discuss the reconstruction and operational future of Venezuela’s oil industry following the capture of Nicolás Maduro. With Chevron as the sole active operator in the country, the administration aims to attract investment while addressing legal and political uncertainties, signaling potential shifts in

U.S. Administration Engages Major Oil Companies Including Repsol in Venezuela Oil Sector Revival Post-Maduro Detention Read Post »

Colombia, Economy, Oil & Gas

Colombian exports decline 2.7% in November 2025 amid sharp fall in fuels, agro sector drives growth

Colombia’s export performance in November 2025 revealed a 2.7% year-on-year contraction primarily driven by a steep 26% drop in fuels and extractives, a trend linked to lower volumes and global price pressures. Despite this, agro-industrial and manufacturing sectors demonstrated significant growth, supporting a modest 1.3% export increase for the January-November period and signaling potential resilience

Colombian exports decline 2.7% in November 2025 amid sharp fall in fuels, agro sector drives growth Read Post »

Brazil, Markets, Oil & Gas

Ibama Requests Detailed Technical Report from Petrobras on Biodegradable Fluid Leak in Margem Equatorial Offshore Drilling

The ongoing investigation into the offshore drilling fluid leak by Petrobras in the Margem Equatorial area signals increased regulatory scrutiny over environmental impacts in Brazil’s emerging maritime oil exploration zones. Market participants should monitor further developments regarding licensing conditions and operational adjustments, which may affect Petrobras’s exploration timelines and regulatory compliance costs. The Brazilian Institute

Ibama Requests Detailed Technical Report from Petrobras on Biodegradable Fluid Leak in Margem Equatorial Offshore Drilling Read Post »

Economy, LatAm, Oil & Gas

Goldman Sachs Projects Decline in Brent Oil Prices to Around $55 per Barrel by 2026 Amid Supply Surplus and Recession Risks

Goldman Sachs forecasts Brent crude oil prices will retreat from recent peaks near $75 per barrel to an average of $56 in 2025 and $55 in 2026, driven primarily by a global supply surplus and subdued demand growth. The bank highlights heightened geopolitical risk premiums but underscores production increases outside U.S. shale and weakened economic

Goldman Sachs Projects Decline in Brent Oil Prices to Around $55 per Barrel by 2026 Amid Supply Surplus and Recession Risks Read Post »

Colombia, Economy, Oil & Gas

Colombia Faces Elevated Inflationary and Fiscal Risks Amid Election Year and External Pressures in 2026

Colombia confronts heightened economic vulnerabilities in 2026 as Goldman Sachs highlights persistent fiscal imbalances, inflationary pressures, and external shocks linked to U.S. market volatility. A sharp 23% increase in the minimum wage and a challenging electoral calendar compound risks for the peso and sovereign spreads, prompting expectations of tighter monetary policy and increased financial market

Colombia Faces Elevated Inflationary and Fiscal Risks Amid Election Year and External Pressures in 2026 Read Post »

Economy, LatAm, Oil & Gas

U.S. Military Operation in Venezuela and Implications for Cuba Spark Regional Uncertainty Amidst Talks of Greenland Acquisition

The recent U.S. military operation resulting in Nicolás Maduro’s capture and deportation has intensified geopolitical tensions across Latin America and the Caribbean. Ongoing uncertainties around Venezuela’s political future, potential shifts in Cuba’s economic support, and U.S. interest in acquiring Greenland suggest significant regional realignments. Stakeholders should monitor evolving U.S. actions in Venezuela and Latin America,

U.S. Military Operation in Venezuela and Implications for Cuba Spark Regional Uncertainty Amidst Talks of Greenland Acquisition Read Post »