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
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
