South America
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion Deal
Apr 16, 2025Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired Petronas’ 50% stake in an oil field there.
Chevron Ordered to U-Turn Venezuela Oil Ahead of Sanctions
Apr 11, 2025Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the oil major, which was working to secure crude before wrapping up operations in the country when a US sanctions deadline hits in May.
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