Latin America to attract 2020s upstream investment dollar
The region is well-placed to shrug off any transition headwinds, according to Welligence
The best upstream oil and gas opportunities will attract investment over the coming decade, despite headline-grabbing messaging around the energy transition. And a flurry of business development activity in recent years which have seen the industry’s largest E&P firms rapidly build exposure to some of the best resource opportunities around, from the Brazilian pre-salt to Argentina’s unconventionals, reinforce that Latin America will remain an attractive destination for investment While political risk in the region is, admittedly, never far from the surface, the industry’s appetite for what the region has to offer is clear. Exploration and development With uncertainty persisting around oi
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






