Argentina will appeal the ruling of a court in New York that ordered the South American country to transfer 51% of the shares of the national oil and gas company YPF, said President Javier Milei

Talks between company representatives are active and BP is considering the approach carefully, the Wall Street Journal’s stated in a report

A consortium led by Brazil’s state-run oil company Petrobras, which includes ExxonMobil, was awarded five blocks in the controversial Foz do Amazonas basin during an auction held by the national energy regulator ANP

Oil company Vista Energy issued an international bond worth $500 million with an average maturity of seven years at an annual rate of 8.5%, the company said in a statement

The oil company has signed a commitment with the province of Santa Cruz to drill three exploratory wells this year in the unconventional hydrocarbon formation Palermo Aike

The Brazilian government reported that the state-run oil company Petrobras has met one of the environmental requirements set by authorities to explore potential oil reserves near the mouth of the Amazon River

Phoenix Global Resources confirmed a multi-billion-dollar investment in Vaca Muerta in southwestern Argentina, after terminating an agreement signed a year ago with Colombia’s GeoPark

Brazilian oil company Petrobras announced that it has discovered “high-quality” oil in the ultra-deep waters of the Santos Basin, in the Atlantic Ocean

Argentina’s state-controlled oil company YPF expects to complete its divestment from mature conventional production fields by the third quarter of 2025, CEO Horacio Marín said

Pampa Energía has exported natural gas to Chile’s Biobío region for the first time, using the Pacific Gas Pipeline that connects Argentina’s Neuquén province with its neighboring country, the company announced in a statement