Latin America lines up bid rounds
Attractive auctions will see the region compete for international investors
2018 will be a busy year in Latin America. As elections loom, threatening a major rupture in the political landscape, several of the region's most prolific oil producers will be hosting hotly-anticipated licensing rounds. Previous waves of nationalism have given way to market-friendly reforms that are enticing international investors back to the region. Now sitting governments are racing to capture majors' dollars before it's too late. But in an era of cautious spending, so many offers at the same time will generate heated competition among these countries for oil companies' investment. Each country has its pros and cons: Brazil holds the biggest opportunities, with its low-risk and high-pot
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
