LatAmOil - Latin America Oil & Gas
Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.
National Gas Co. of Trinidad and Tobago Ltd (NGC) announced that it had finalised a “milestone” gas supply agreement with BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), on September 23.
Geneva-based Maroil Trading has assumed responsibility for the majority of Venezuela’s petroleum coke exports, according to documents and sources close to the matter cited by Reuters.
Luiz Inacio Lula da Silva, the leading candidate in Brazil’s upcoming presidential election, will expand the refining arm of the national oil company Petrobras if he wins the vote on October 2.
Brazil’s national oil company Petrobras will unveil a new strategic business development plan in November, according to Salvador Dahan, the state-owned firm’s executive director of governance.
ExxonMobil has not yet decided whether it will bid for additional blocks of the coast of Guyana.
Norway’s Equinor will soon make a decision on moving ahead with the development of Pão de Açúcar, a large gas and condensate field at Block BM-C-33 in the Campos basin offshore Brazil.
Colombia’s national oil company (Ecopetrol) is sending a smaller share of its oil exports to Asia this year, as competition for Asian market share has ramped up in recent months.
Omar Gutierrez, the governor of Argentina’s Neuquen province, said on September 28 that he expected investments in the Vaca Muerta shale formation to reach a record high of $5.5bn in 2022.
Mexico’s national oil company Pemex does not appear to have reported the methane leaks detected at the Ku-Maloob-Zaap oilfield cluster last December on the basis of satellite data from the European Space Agency (ESA).
A subsidiary of the Federal Electricity Commission (CFE), Mexico’s national power provider, has filed suit in a Texas court against two former executives who were involved in the signing of three gas contracts.
Colombia’s national oil company Ecopetrol has asked ANH, the country’s oil and gas regulator, to suspend its contracts for the Kale and Platero unconventional fields for 90 days.