LatAmOil - Latin America Oil & Gas

Venezuelan crude production dives for sixth month in row

Crude oil production in Venezuela has fallen for the sixth consecutive month, with the national oil company (NOC) PdVSA reporting a drop of 32%, or 200,000 barrels per day (bpd), in June.

Uruguay’s ANCAP in refinery upgrade contract with KBR

Uruguay’s state-owned oil company ANCAP has signed a new contract with the US engineering and construction firm KBR for a refinery upgrade project.

Peruvian oil output slides for fourth month in row

Oil production in Peru fell for a fourth consecutive month in June as the COVID-19 pandemic continued to wreak havoc on the country's production operations.

Mexican fuel importers said to be facing more delays

Bureaucratic obstacles are reportedly causing more delays for companies other than state-run Pemex that seek to import refined petroleum products into Mexico.

ANP data show Brazil increased oil production by 7.8% in 2019

Oil output in Brazil increased by 7.8% in 2019 compared with the previous year, reaching an average of 2.8mn barrels per day, according to new state statistics.

NRG: Bracing for the second wave

A tale of two refineries

Two Caribbean refineries formerly owned by PdVSA are facing challenges.

Essar Group submits binding offer for RLAM refinery

India’s Essar Group has reportedly submitted an offer for Brazil’s RLAM refinery, bringing the number of companies participating in this stage of the bidding contest up to two.

ICJ begins hearings on Guyana-Venezuela border dispute

The International Court of Justice (ICJ) has begun oral hearings on a border dispute between Guyana and Venezuela that could affect the fate of an ExxonMobil-led offshore project.

Venezuelan oil production and exports fell in June

Venezuela reportedly saw crude oil output and exports drop significantly in the month of June.

Indigenous leaders in Peru seek vote restricting access to Amazon

Indigenous leaders in Peru have urged lawmakers to pass a new bill that would protect large areas of the Amazon from development by oil companies

Guyana shortlists 19 firms for oil marketing contract

The government of Guyana has shortlisted a total of 19 companies for a contract to market its share of oil from the Liza offshore field.

YPF sends force majeure notice to Belgium’s Exmar for Tango LNG

Belgian marine operator Exmar has received written notification of force majeure from Argentina’s state-run oil major YPF for their shared Tango floating LNG (FLNG) project.

Fitch Ratings: Low oil prices, pandemic could affect Colombia for years

The fiscal fallout from the coronavirus pandemic combined with low oil prices could affect Colombia for several years, according to Richard Francis, the director of sovereign ratings at US-based Fitch Ratings.