LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

February 20, 2026

Why Are Major Oil Firms Pulling Out of Vaca Muerta?

Multiple oil majors have reportedly taken steps in recent weeks to divest upstream assets in Argentina’s Vaca Muerta shale deposit. // File Photo: SobrevolandPatagonia via Adobe Stock.

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Top News

Aid Ships Dock in Havana as Fuel Crisis Worsens
Cuba’s government has slashed public services and halted air travel as U.S. efforts to block oil imports to the Caribbean nation now near the end of their second month.
Rio Tinto Boosts Stake in Quebec Lithium Mine
Australia-based mining giant Rio Tinto has acquired majority ownership of a lithium project in Canada’s Quebec province. The project is set to begin operations in 2028.
Guyana Opens Auction for Hydro Project in Amazon
Guyana’s government is now accepting bids for firms to complete a long-stalled hydroelectric power project located in the disputed Essequibo region, President Irfaan Ali announced on Tuesday.

Complete editions of the Energy Services Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org

Jack Quinn
Reporter

jquinn@thedialogue.org

Lori Rampani
Reporter

lrampani@thedialogue.org

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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