LatAmOil - Latin America Oil & Gas
Argentina has seen crude oil production rise to its highest levels in more than 10 years in May, largely as a consequence of increasing output at unconventional fields.
Ecuador’s Agency for the Regulation and Control of Energy and Natural Resources (ARC) said on June 22 that crude oil production levels had dropped by 45% ahead of a strike by members of indigenous communities.
High oil prices are shining the spotlight on the contradiction between Petrobras' upstream goals and the government’s hopes of support for policy objectives.
Colombia’s oil and gas sector may be headed for some major changes following Gustavo Petro’s victory in the run-off phase of the presidential election.
Esso Exploration and Production Guyana Ltd (EEPGL), a subsidiary of the US super-major ExxonMobil, earned a profit of $132bn from its activities at the offshore Stabroek block in 2021.
Petroecuador is seeking a private-sector partner in order to prevent the further flaring of associated gas during crude production in the Amazon, in line with a court-imposed deadline.
Mexican President Andres Manuel Lopez Obrador told reporters last week that his government was committed to reducing associated gas and methane flaring.
Kevin Ramnarine, the former energy minister of Trinidad and Tobago, is sceptical about PM Keith Rowley’s recent prediction that natural gas production levels will start rising before the end of 2022.
State-owned Energía Argentina has signed a contract with SIAT, a subsidiary of the Luxembourg-based steel pipe maker Tenaris, for the supply of welded pipes for the President Néstor Kirchner Gas Pipeline (PNKG) project.
BW LNG, a subsidiary of Singapore-based BW Group, reported last week that the Energía del Pacífico (EDP) joint venture had received its second shipment of LNG via ship-to-ship transfer in El Salvador.
APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appeared to contain at least 180mn barrels of oil in place.
APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appears to contain at least 180mn barrels of oil in place (OIP).