LatAmOil - Latin America Oil & Gas

Mexico’s Libre Abordo bankrupt, says Venezuela ended oil-for-food deal

Libre Abordo, the Mexico-based company involved in a controversial oil-for-water agreement with Venezuela, has declared bankruptcy.

Colombian oil transport firms to extend reduced pipeline charges

State-controlled oil transportation companies in Colombia have agreed to extend previously offered reductions in pipeline charges amidst persistently low oil prices.

Coronavirus cases spread among Brazil’s offshore oil producers

At least six oil companies have now registered cases of coronavirus infection among their employees or contractors working at facilities offshore Brazil.

Petrobras takes steps to give independent producers access to gas plants

Brazil’s state-controlled oil company Petrobras said last week that it had begun taking steps to allow other companies to access its natural gas-processing plants.

Golar LNG reveals outlook for projects in Africa, South America

Bermuda-registered Golar LNG has issued an update on its activities related to projects in Africa and South America.

Fire casts shadow on Venezuela’s Orimulsion strategy for heavy crude

Sinovensa's fire damage has cast a spotlight on the cracks in Caracas’ strategy for marketing the country’s ultra-heavy crude, which dates back to the 1980s.

NRG: Some forward momentum, but overall restraint

Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.

US warns governments, firms against aiding Iran fuel shipments to Venezuela

Guyana exports second oil cargo

Guyana has successfully exported its second cargo of crude oil from Liza, an oilfield within the offshore Stabroek block.

Bolivian government urged to reform laws governing gas sector

Two partners from the energy practice of Indacochea & Asociados, a law firm based in Santa Cruz, have expressed concern about the future of Bolivia’s natural gas sector.

Argentina reports VLSFO production, sales up in Q1-2020

Argentina has reported a slight increase in the production of very low-sulphur fuel oil (VLSFO) in the first quarter of 2020, following the introduction of new marine fuel specifications by the International Maritime Organisation (IMO).

PdVSA refinery aims to resume deliveries of petroleum coke to Cuba

Venezuela’s national oil company (NOC) PdVSA is reportedly looking to resume shipments of petroleum coke to Cuba in the near future.