Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
Installments of residential solar energy systems in Brazil have increased according to distributors of Enphase microinverters.
Venezuelan PDVSA launched an extensive audit of supply contracts to prevent buyers from skipping out on oil payments under the company's new CEO, Pedro Tellechea.
Chevron's supply contract is among a few that have not been suspended after last week's PDVSA-ordered freeze on most contracts until a general audit is done.
As one of Latin America's mid-range oil producers, Argentina has pledged to reverse 2022's $5 billion energy deficit to a surplus of around $12 billion by 2025.
The center-left Brazilian Socialist Party (PSB) may not have much sway in choosing future Petrobras appointees, according to an anonymous source.
PDVSA's freeze order on oil export contracts is leading to port delays, according to people familiar with the matter.
Since Exxon made Guyana's first offshore discovery in 2015, the South American country has become the world's fastest growing oil region, with estimates its fields could produce 1.64 MMbbl/d by the end of the decade.