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12/19 Closing Prices / revised 12/20/2024 07:57 GMT | 12/19 OPEC Basket $72.88 –$0.45 cents | 12/19 Mexico Basket (MME) $64.65 –$0.69 cents | 11/30 Venezuela Basket (Merey) $59.58 +$1.28 cents | 12/19 NYMEX Light Sweet Crude $69.91 -$0.67 cents | 12/19 ICE Brent $72.88 -$0.51 cents | 12/19 Gasoline RBOB NYC Harbor $1.92 –1% | 12/19 Heating oil NY Harbor $2.24 -0.8% | 12/19 NYMEX Natural Gas $3.358 +6.2% | 12/13 Active U.S. Rig Count (Oil & Gas) 589 + 7 | 12/20 USD/MXN Mexican Peso $20.2838 (data live) 12/20 EUR/USD Dollar $1.0380 (data live) | 12/20 US/Bs. (Bolivar) $51.35040000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Bolivia’s Gas Exports Halve, Economic Crisis Deepens

December 19, 2024

US Troops Can Be Stationed in Trinidad and Tobago Amid Maduro Pressure

December 19, 2024

Exxon Fights to Retain Rights in Hess-Chevron Deal

Talos Energy Ends Poison Pill Defense After Deal with Carlos Slim

Judge Stark Reopens Citgo Data Room for Fresh Bids

Suriname’s Oil Royalties Set to Revolutionize Tax Sector

Previous Top News

Opinion

The U.S. wants to triple nuclear power by 2050. Coal could provide a pathway – S. Kimball y G. Cortés

September 30, 2024

Can Venezuela’s opposition find any way to thrive?

September 12, 2024

The AI Safety Debate Is All Wrong – Daron Acemoglu

How Do You Topple a Strongman? – Jack Nicas

Maduro’s Key Election Challenge Is a Fair Venezuela Vote (video) – Andrew Rosati

The Solar Forecast Is Clouding Up. Here’s Who Wins and Loses. – Laura Sanicola

Previous Opinion Articles

Daily News

Xi Jinping Inaugurates Mega Chinese-Funded Port in Peru (video)

Citgo Petroleum’s Earnings Take a Hit Amid Declining Refining Margins

Mexico Simplifies Tax Regime, Avoids Market Tap to Address Pemex Debt

Rubio’s Appointment Could Harden Oil Sanctions on Iran and Venezuela Under Trump (video)

Drought Derails Colombia’s Fossil Fuel Exit

Pemex’s Star Refinery: From Crown Jewel to Fuel-less Flounder

Puerto Rico: Between Crisis and Opportunity, an Issue in the US Presidential Election

How do Harris and Trump differ on energy policy ?

Mexico Opens to Private Investment: Oil, Gas, and Power Under Sheinbaum and Pemex

Efforts to Boost LNG Shipments Through Panama Canal After 65% Drop

Deepening Losses at Pemex Spell Trouble for New CEO Rodriguez

Mexican Oil Shipment En Route to Crisis-Hit Cuba

Pemex’s New CEO: Tackling Waste and Cash Bleed in One Very Inefficient Oil Giant

Cuba Energy Summit 2024: A Gateway to Investment and Innovation in Cuba’s Energy Sector

Vista Energy Fast-Tracks to 100,000, Turbocharging Argentina’s Shale Revolution

Venezuela Eyes Strategic Energy Alliance with India Amid VP’s Delhi Visit

Pemex Crude Output Plummets to Historic Low in September

US Unmasks Venezuelan Media Titan in Jaw-Dropping $1.2 Billion PDVSA Money-Laundering Plot

Brazil Tops Malaysia as China’s Main Source of Venezuelan Crude

Petrobras Targets 1 Million BPD Output from Tupi Oilfield by 2027

Vaca Muerta’s Drilling Blitz: Argentina’s Energy Revolution

Creditors Challenge Elliott’s Bid in Citgo Auction, Call for Competing Offers

Venezuela’s Former Oil Minister Arrested Amid Government Crackdown

Latin America Socialists Governments Welcomes Business Amid Their Struggles

Previous Daily News

Pemex Slows Spending to Save Over $1 Billion, Document Shows

Cuba Grid Collapses Again, Tropical Storm Oscar Grazes Eastern End of Island (video)

Millions of Cubans Lose Power After National Grid Fails, Schools, Commerce and Industry Shut Down

Mexico Investors Back Energy Reform Bill to Boost State Control of Pemex

Mexico is Set to Review Public-Private Partnerships in Energy, Says Barcenas

MCM Called on Oil Transnationals to Stop Operating in Venezuela “Under a Regime That Is Corrupt and Criminal”

Claudia Sheinbaum Unveils $20 Billion in Mexico Projects Led by Amazon, Woodside

ConocoPhillips Seeks to Keep Priority as Creditor in PDVSA Citgo Auction

Webinar

Latam Brief

Latam Weekly Brief: Tiempo de Mujeres

Latin Brief Weekly: X v Xandão

Latam Brief Weekly: Latin American countries reject Venezuela court election ruling

Caribbean Update

Caribbean Updates: Martinique protests incur anti-riot police

Caribbean Updates: UN-led security mission in Haiti won’t solve all problems, warns Holness

Caribbean Updates: Threat of tropical depression in western Caribbean sea

Energy - Environment

Beware of Sharkless Waters – Katherine Rundell

Guyana, Suriname, Trinidad & Tobago Synergies Will Create Economic Growth in Caribbean Region – Chen

A green turn in Mexico’s with Sheinbaum?. – Politico

Issues

The Mirage of $2 Gas – Paul Krugman

How Do You Topple a Strongman? – Jack Nicas

Maduro’s Key Election Challenge Is a Fair Venezuela Vote (video) – Andrew Rosati

Point of View

The U.S. wants to triple nuclear power by 2050. Coal could provide a pathway – S. Kimball y G. Cortés

Can Venezuela’s opposition find any way to thrive?

Reform or the End of Justice? Mexico Is Split on Plan to Elect Judges – Emiliano Rodríguez Mega and James Wagner

WTRG - Economics

Crude Oil, Gasoline and Natural Gas Future Prices.

Opinion

The U.S. wants to triple nuclear power by 2050. Coal could provide a pathway – S. Kimball y G. Cortés

Can Venezuela’s opposition find any way to thrive?

Reform or the End of Justice? Mexico Is Split on Plan to Elect Judges – Emiliano Rodríguez Mega and James Wagner

Natural Gas Weekly Update

EIA Total Energy Review
This Week in Petroleum

Guest Post

The AI Safety Debate Is All Wrong – Daron Acemoglu

The Solar Forecast Is Clouding Up. Here’s Who Wins and Loses. – Laura Sanicola

Public Letter to Summit Of The Future NYC | 2024 – Frank Bracho

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By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

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