Oleoductos del Valle (Oldelval) has inaugurated the “Duplicar” project, enabling it to increase transport capacity from the Neuquén Basin to the Atlantic Ocean

U.S. President Donald Trump has notified the partners of Venezuela’s state oil company PDVSA—including Spain’s Repsol—that their permits to export crude oil and derivatives from Venezuela have been canceled

The Argentine state-controlled oil company has acquired four new oil and gas concessions in the massive Vaca Muerta shale formation and plans to invest $12.9 billion for large-scale development

U.S. oil giant Chevron and Anglo-Dutch company Shell will join as partners in the consortium building the Vaca Muerta Sur pipeline, a project that will boost Argentina’s crude oil exports

The Organization of the Petroleum Exporting Countries (OPEC) reiterated its view that the global oil sector requires $17.4 trillion in investments by 2050, averaging $650 billion per year

The agreement, signed in The Hague, Netherlands, establishes that Shell will join the project, with both parties committing to advance the development of the first phase of the Argentina LNG project

The Argentine oil company YPF announced that its new partnership with three other oil companies has approved the construction of a pipeline for the export of unconventional oil extracted from Vaca Muerta Sur

The oil company Pan American Energy (PAE) has requested that its multi-million-dollar project to export liquefied natural gas (LNG), developed in partnership with the multinational Golar LNG, be included in the recently launched Incentive Regime for Large Investments (RIGI)

Petrobras announced that its management proposed to the company’s board a $111 billion business plan for 2025-2029, according to a securities filing

The company, led by Miguel Galuccio, will invest between $1.1 billion and $1.3 billion in 2025 to achieve this production level by connecting 60 new wells and will announce a new long-term strategic plan next year