LatAmOil - Latin America Oil & Gas
The US government is reportedly looking to tighten restrictions on trade with Venezuela even further in the hope of discouraging co-operation with PdVSA and the purchase of Venezuelan crude oil.
Brazil’s coalition of oil workers unions – United Federation of Oil Workers, known by its Portuguese acronym FUP – called a halt to ongoing work stoppages on Monday, February 24.
Felipe Bayon, the CEO of Colombia’s national oil company (NOC) Ecopetrol, has said that his company hopes to step up its drilling activity over the next two years.
Argentina’s government is looking to remove controls on natural gas and electricity prices later this year, according to Production Minister Matías Kulfas.
Pemex, the national oil company (NOC) of Mexico, has reportedly discovered a huge new deposit of crude oil and natural gas in Veracruz State.
The Mexican subsidiary of Royal Dutch Shell intends to move forward with its deepwater drilling campaign in the Gulf of Mexico but does not expect to bring any new fields on stream under the current presidential election.
UK-based Centrica and its local partner Centrais Elétricas de Sergipe (CELSE) have commissioned a new LNG import terminal in Sergipe, Brazil. The terminal is Brazil’s first privately owned LNG import facility.
Houston-based Stabilis Energy has applied for a permit to build a small-scale gas liquefaction facility in the north-eastern Mexican city of Monterrey.
Mexico's Finance Ministry has reiterated its determination to keep details of the annual oil hedging programme under wraps.