LatAmOil - Latin America Oil & Gas
Brazil’s government revealed last week that it had authorised Bolivia’s national oil company (NOC) YPFB to target a wider range of customers.
The Brazilian government is looking into establishing a mechanism that would reduce the potential impact of high international crude prices on the country’s domestic fuel market.
Brazilian conglomerate Cosan has applied for environmental permits to build a second section of an offshore natural gas export pipeline.
The Australian oil and gas company Karoon Gas has said it is ready to drill the Marina-1 exploration well in Peru’s Tumbes Basin alongside its project partners, Tullow Oil and Pitkin Petroleum.
US-based Eagle LNG Partners has awarded an engineering, procurement, fabrication and construction (EPFC) contract for a small-scale LNG project that will target buyers in the Caribbean Sea region.
Venezuelan President Nicolas Maduro's plans for authorising changes in PdVSA JV ownership have stalled amidst ongoing conflict with the political opposition over control of the legislature.
ExxonMobil and its partners began extracting oil from the offshore Liza field on December 20, and they may see production rise to 750,000 bpd within five years.
The Energía del Pacífico (EDP) venture is working to establish the infrastructure facilities needed to allow EDP to import and regasify LNG so that it can serve as fuel for a thermal power plant (TPP).
Refineria di Korsou (RdK), the owner of the Curacao oil-processing plant, has recently agreed to a buy-out deal with the Klesch Group, a privately held international industrial commodities firm.
Mexico’s national oil company (NOC) Pemex has failed in its effort to accelerate drilling at 20 key fields in 2019 by using local service providers.
Mexican President Andres Manuel Lopez Obrador has said he wants Canada’s TC Energy to change the route of the natural gas pipeline it is building between Tuxpan and Tula.