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Outlook 2026: South America’s oil growth story masks hidden risks
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Brazil could be an energy trailblazer
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Argentina Mexico Petrobras Equinor Brazil
Ruaraidh Montgomery
12 December 2019
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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

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