LatAmOil - Latin America Oil & Gas
NFE to acquire LNG and power assets in Brazil, along with Golar LNG
US-based New Fortress Energy (NFE) is set to raise its profile through the acquisition of LNG and power-generating assets in Brazil and of another company, Golar LNG, also known as GMLP.
PGS to reprocess 2D seismic data from Pelotas, Punta del Este basins
Norway’s PGS has agreed to reprocess more than 11,000 km of existing 2D seismic data under a new agreement with ANCAP, the national oil company (NOC) of Uruguay.
Apache to assign Latin American assets to holding company
US-based Apache said last week that it intended to assign its assets in Suriname and the Dominican Republic to a new holding that will be known as APA Corp.
Crown Point, Centaurus plan merger to boost profile in Argentina
Crown Point Energy and Centaurus Energy have announced plans to merge in order to strengthen their position in Argentina, where they are working to develop conventional and unconventional oil and gas fields.
Petrobras production hits all-time high in 2020
Brazil’s national oil company (NOC) Petrobras said last week that its production levels had reached record highs in 2020.
Failed gas supply talks lead Methanex to idle Titan methanol plant
Canada’s Methanex is preparing to scale back its presence in Trinidad and Tobago, keeping the Titan methanol plant idle after failing to hammer out a natural gas supply deal with state-owned NGC.
RdK begins talks with consortium on sale of Isla refinery
Refineria di Korsou (RdK), the government-run operator of Curaçao’s only oil-processing plant, has announced plans to begin negotiations with another bidder for the sale of its main assets.
Echo Energy, GTLI sign Bolivian co-operation agreement
UK-based Echo Energy signed an agreement last week with GTL International (GTLI), a fully-owned subsidiary of Bolivia’s UruboCorp, on co-operation in the Bolivian energy sector.
Fluxys to acquire minority stake in GASBOL from EIG
EIG Global Energy Partners has agreed to sell its 27.5% stake in Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG), the owner and operator of the Brazilian section of the Bolívia-Brazil natural gas pipeline.
NRG: Pushing ahead with plans
Companies and countries alike are taking steps forward with various oil and gas plans, though some continue to tread carefully in uncertain market conditions.
Mexico issues new rules restricting private fuel imports
New regulations have come into force in Mexico restricting the volume of petroleum products that private firms are allowed to import, as part of a wider campaign to make the country less dependent on other countries for its fuel.
Petrobras collects BRL232.6mn from Vitol settlement
Brazil's state-run oil and gas company Petrobras has received BRL232.6mn ($43mn) in a settlement with global energy trading firm Vitol in relation to the ongoing Lava Jato (Car Wash) corruption scandal.
Signs of improvement for PetroTal in Peru
PetroTal’s outlook for the Bretana oilfield is brighter, thanks to Lima’s new agreement with indigenous communities and the opening of a new export route through Brazil.
Enauta takes control of offshore Atlanta field
The Brazilian independent player Enauta Participações has taken 100% ownership of Block BS-4, which contains the offshore Atlanta field, following its partner Barra Energia’s decision to withdraw from the block last November.
US sanctions drive Halliburton to remove all Venezuela staff
Houston-based Halliburton, one of the world’s largest oilfield services providers, has reportedly removed all staff from its offices in Venezuela in light of US sanctions policy.
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