LatAmOil - Latin America Oil & Gas
Mexico willing to sell gasoline to Venezuela for “humanitarian” reasons, president says
Mexican President Andres Manuel Lopez Obrador has said that his country would sell gasoline to Venezuela for “humanitarian” reasons if it were asked to, despite US sanctions.
NRG: Cautious steps forward
Welcome to the seventh edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Mexican government’s oil hedge likely to cost more next year
Mexico’s oil hedge, the largest deal of its kind in the world, is likely to cost more and offer less protection next year.
ExxonMobil restores output at Liza field offshore Guyana
The US super-major ExxonMobil has restored its crude oil production offshore Guyana after fixing a technical problem.
Petrobras kicks off sale process for four offshore fields
Brazil’s state-run oil and gas firm Petrobras has kicked off the sales process for four offshore oilfields: Atum, Curima, Espada and Xareu.
Argentina to resume subsidies that benefit Vaca Muerta blocks
Argentina has decided to resume payments on a subsidy programme designed to support production at a number of natural gas blocks in the giant Vaca Muerta shale formation.
Mexico’s refining strategy leads to HSFO oversupply
Mexico's government is pushing Pemex to produce more gasoline – and finding itself with too much fuel oil as a result.
PdVSA decides against sending gasoline to Cuba
Venezuela’s national oil company PdVSA has reportedly decided against sending some of the gasoline it recently received from Iran to Cuba.
Sabotage takes 31 wells offline at Colombian oilfield
Colombia’s national oil company (NOC) Ecopetrol has suspended operations at more than 30 wells at the La Cira-Infantas oilfield, following a series of attacks by protesters over the weekend.
YPFB lowers minimum volume for gas deliveries to Brazil
Bolivia’s national oil company (NOC) YPFB has agreed to let the minimum volume of natural gas pumped through an overland pipeline to Brazil drop from 14mn cubic metres per day to 10 mcm per day.
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