Latin America and the Caribbean expand oil exploration with Brazil, Mexico, and Argentina driving growth -report

Published 22:01 on October 1, 2025 / Last updated at 22:12 on October 1, 2025 / / Americas (LATAM & Caribbean), Net Zero Transition (Industrial Decarbonisation)

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Latin America and the Caribbean are opening vast new oil and gas frontiers, with Brazil, Mexico, and Argentina leading a wave of deepwater drilling and onshore expansion - even as climate change intensifies and governments pledge cleaner energy.
Latin America and the Caribbean are opening vast new oil and gas frontiers, with Brazil, Mexico, and Argentina leading a wave of deepwater drilling and onshore expansion - even as climate change intensifies and governments pledge cleaner energy.


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