LatAmOil - Latin America Oil & Gas
Guyana resolves political impasse
David Granger has stepped down in favour of President-elect Irfaan Ali, clearing the way for exploration and development work to move ahead in Guyana.
Ecopetrol reports profits, revenues down in Q2-2020
Ecopetrol, Colombia’s national oil company (NOC), has reported a dramatic year-on-year decline in its second-quarter revenues and profits.
Aruba’s search for new refinery investor draws dozens of bids
Aruba has reportedly received several dozen offers in a two-tiered bidding process offering investors the right to operate or repurpose the San Nicolas refinery, a 235,000 barrel per day facility formerly owned by Valero.
Gran Tierra says revenues, profits, production declined in Q2-2020
Gran Tierra Energy, a Canadian company active in Colombia and Ecuador, has reported that its financial and operational performance deteriorated in the second quarter of the year.
AMLO said to be mulling reversal of energy reforms
Mexican President Andres Manuel Lopez Obrador is reportedly giving serious consideration to reversing the energy reforms adopted by his predecessor Enrique Peña Nieto.
Petrobras begins accepting bids for Bahia LNG lease
Brazil’s national oil company (NOC) Petrobras has begun accepting bids for the right to lease Bahia LNG, an under-utilised gas import terminal in the north-eastern part of the country.
Details are emerging about Tullow and Petronas drilling plans offshore Suriname
Details have emerged about plans by two international oil companies (IOCs) to drill in Suriname’s offshore zone.
NRG: Emerging bright spots
Even as major companies continue to report quarterly losses, world crude oil prices have remained steady and some LNG markets are still heading for growth.
Sempra Energy, IENova say export permit is holding up FID on LNG project
IENova, the Mexican subsidiary of California-based Sempra Energy, is still hoping to begin work on the Energía Costa Azul LNG project soon, though it is still waiting for Mexico to issue an export permit.
Staatsolie hoping to join Block 58 project
Staatsolie, the national oil company (NOC) of Suriname, has said it may seek its own stake in Block 58, an offshore licence area where Apache (US) and its partner Total (France) have made three oil discoveries.
Suriname: What’s at stake in this year’s oil finds?
Apache and Total have made three discoveries at Block 58 offshore Suriname this year, against a backdrop of economic upheaval and political transition.
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