LatAmOil - Latin America Oil & Gas

NRG: Trying to adapt

World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.

New FPSO will boost output of Atapu field 150,000 bpd

France’s Total and its partners are on track to double oil yields at the Block BM-S-11A offshore Brazil, following the launch of a second floating production, storage and off-loading (FPSO) vessel.

Ascent losses widen in 2019

Venezuelan sanctions reach Mexico

Washington has added two Mexican companies and four Mexican citizens to its Venezuelan sanctions list.

Naturgas sees Colombian gas output declining more slowly

Naturgas, a trade association that represents Colombia’s natural gas producers, transporters, distributors and traders, has revised its projections for gas output between 2020 and 2028.

Petrobras ready to comply with ANP’s new gasoline specifications

Brazil’s national oil company (NOC) Petrobras has declared that it is ready to comply with the new regulations governing gasoline quality that will take effect later this year.

Petrobras allows Açu Petroleo to handle more oil exports

Brazil’s national oil company (NOC) Petrobras has agreed to let Açu Petroleo, the operator of an offshore terminal at the port of Açu, export more crude over a two-year period ending in March 2021.

Petroecuador accepts US assistance with pipeline rehabilitation

Petroecuador, the national oil company (NOC) of Ecuador, said last week that it had accepted an offer of assistance from the US with the rehabilitation of a major crude pipeline.