LatAmOil - Latin America Oil & Gas

Peruvian gas output hits year-to-date high in November

Peru’s natural gas production hit its highest monthly level since the beginning of 2020 in November, after plummeting to historic lows earlier in the year as a result of the coronavirus (COVID-19) pandemic.

Eni considers drilling two new wells offshore Mexico

The Italian oil and gas major Eni is looking to sink up to two new oil and gas exploration wells at Cuenca Salina, a deepwater block in the Sureste basin offshore Mexico.

Brazilian Senate approves basic text of gas reform bill

The basic text of Brazil’s new gas reform bill, which was designed to further the process of opening the domestic natural gas market up to private competition, has been approved in the Senate.

Argentina receives bids from 16 firms in gas subsidy auction

The government of Argentina received bids from a total of 16 companies last week in its first round of auctions to supply more than 70mn cubic metres of natural gas at subsidised wellhead prices.

Mexico considers proposals to make Pemex’s tax burden lighter

The Mexican government is considering proposals to lighten the tax burden imposed on Pemex, the national oil company (NOC).

Kosmos Energy finalises sale of African, South American assets to Shell

US-based Kosmos Energy has finalised a farm-down deal involving assets in Africa and South America with Royal Dutch Shell (UK/Netherlands).

NRG: Brent soars to nine-month high

Iranian ‘crude carrier arrives off Venezuelan coast to load oil’

Total expands LNG footprint with ECA LNG equity stake purchase

France’s Total has agreed to buy an equity stake in Sempra Energy’s Energía Costa Azul LNG project, further expanding its already extensive LNG footprint.

Braskem Idesa forced to go without gas

Cenagas’ decision to suspend gas deliveries to Braskem Idesa's Etileno XXI facility puts the Brazilian-Mexican JV in a difficult position.

Khan: Shareholders in Atlantic LNG’s Train 1 seeking new gas suppliers

Shareholders in the first production train of the Atlantic LNG complex in Trinidad and Tobago are still looking for new sources of feedstock ahead of a turnaround programme that is slated to begin next month.

CNH approves Pemex’s unconventional exploration plans

Mexico’s national oil company (NOC) Pemex is taking another look at proposals for exploration of the country’s unconventional hydrocarbon resources.