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US imposes sanctions on Maduro 
Washington is placing Venezuelan president Nicolas Maduro on the US sanctions list after a 30 July constituent assembly election seen as a step towards establishing a military dictatorship in the country... 



Petrobras former chief executive Bendine arrested 
A former chief executive of state-controlled Petrobras, Aldemir Bendine, is the latest high-profile executive to become embroiled in the Lava Jato corruption probe...

Brazil plans auction to cancel contracts 
Brazil’s electricity Aneel has scheduled a special auction on 28 August that will allow power generation projects that are behind schedule to cancel their supply contracts...

Private-sector firms push fuel plans 
US refiner Tesoro is poised to become the first major company to sell fuel independently in Mexico, as the country’s gasoline and diesel markets are opened up to outside competition...

PetroAmazonas trims oil services fees 
Ecuador’s state-owned PetroAmazonas is reducing the fees it pays contracts carrying out enhanced recovery work at two mature fields...

Referendums threaten oil output 
As much as 14pc of Colombia’s crude production is at risk as a result of a growing number of municipal and province-level referendums on upstream activity, oil and gas association ACP says...

ExxonMobil makes another offshore discovery 
ExxonMobil has discovered additional reserves at its prolific ultra-deepwater Stabroek block offshore Guyana...

Crude gains as lower supply supports sour grades 
Crude prices surged as the US imposed sanctions on Venezuela’s president ahead of a meeting of leading oil producing countries to discuss output...



  • Petrobras to sell shallow-water interests
  • AES Brazil unit allowed to import gas
  • Petrobras shuts diesel unit
  • New energy minister takes over in Peru
  • Mexico independent output rises
  • Ecuador crude exports to rise
  • AES Chile hydro project defaults