LatAmOil - Latin America Oil & Gas
Argentina’s Federal Police uncover wide-ranging pipeline theft scheme
Argentinian authorities have uncovered a wide-ranging scheme to siphon crude oil from a pipeline that supplies the country’s three largest refineries.
Mexican oil output hits record low of 1.6mn bpd in July
Crude oil output in Mexico hit a record low of 1.605mn barrels per day (bpd) in July, putting the country on track to register its lowest oil production in nearly half a century.
AMEXHI head: Mexico’s oil and gas stimulus plan not likely to favour private sector
The Mexican government's new plan for boosting the energy sector is unlikely to include any new exploration or production projects that would be open to private or foreign oil firms, according to the head of a local industry group.
Brazil’s lower house approves text of bill to open up gas market
The Chamber of Deputies, the lower house of Brazil’s National Congress, has greenlighted the basic text of legislation that provides for opening up the country’s natural gas market to more private competition.
Stena Drilling wins contract for exploration drilling at Block 47
Aberdeen-based Stena Drilling revealed last week that it had won a contract from Tullow Oil (UK/Ireland) for exploration drilling at Block 47 offshore Suriname.
NRG: A sense of uncertainty
World oil markets have regained some ground, but the industry continues to experience conflict on a number of fronts.
RdK sues PdVSA in US court
Refineria di Korsou (RdK), the government-run operator of Curaçao’s only oil-processing plant, has taken legal action against Venezuela’s national oil company (NOC) PdVSA in a US court.
Açu Petroleo files IPO plan
Açu Petroleo, the operator of an offshore terminal at the Brazilian port of Açu, has said it intends to launch an initial public offering (IPO) of stock.
Pemex begins negotiating unitisation deal for another offshore site
Mexico’s Energy Ministry (SENER) has revealed that Pemex, the national oil company (NOC), is in negotiations with Hokchi Energy on joint development of an offshore oil reservoir in the Gulf of Mexico.
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