LatAmOil - Latin America Oil & Gas
Guyana’s Department of Energy has identified the 35 companies that submitted expressions of interest last month in a tender for its oil marketing agency contract.
The Colombian government is reportedly considering making cuts to oil pipeline tariffs, which private producers have criticised as being too high.
The Anglo-Dutch oil major Royal Dutch Shell has begun drilling at Saturn, a block in the Santos Basin offshore Brazil.
The head of an independent company believes that Mexico’s natural gas sector still offers new opportunities for investment, despite the ongoing turmoil in global energy markets.
Argentina’s decision to establish a local crude oil reference price of $45 per barrel has been welcomed by the market, but some analysts fear that the move may leave the South American country unable to rebuild production quickly.
Producers and investors remain cautious, as the coronavirus pandemic continues to affect energy demand, but are starting to plan for the post-crisis period.
Brazil is gearing up for the introduction of new specifications for E27 gasoline on August 3.
Onexpo, a Mexican retail fuel association, reported last week that gasoline consumption had dropped significantly as a result of the measures introduced to contain the coronavirus pandemic.
Buenos Aires has adopted a minimum reference price of $45 per barrel for Medanito crude, in a move that enjoys broad domestic support.
Premier Oil says Navitas Petroleum remains eager to farm into a Falkand Islands oil project.