LatAmOil - Latin America Oil & Gas
Tullow gears up to spud GVN-1 well at Block 47
Tullow Oil (UK/Ireland) is due to begin work on a new exploration well at Block 47 offshore Suriname this week.
Eagle LNG hopes to build LNG import terminal on Aruba
US-based Eagle LNG Partners has signed a letter of exclusivity with Refineria di Aruba (RdA), the operator of the San Nicolas refinery on Aruba, on the construction of a new LNG import terminal.
Karoon updates Baúna reserve estimate
Australia’s Karoon Energy has issued an updated report on the assessed reserves and contingent resources of the block containing the Baúna oilfield.
YPF in talks with creditors on proposed securities swap
Argentina’s national oil company (NOC) YPF has reportedly begun negotiations with several groups of bondholders on its recent proposal for a securities swap.
Sacha oilfield slated for sale
Ecuador’s Finance Ministry is looking to offer one of the country’s legacy oilfields to investors.
Pemex reports oil production down in 2020
Mexico’s National Hydrocarbons Commission (CNH) said earlier this week that Pemex, the national oil company (NOC), had seen crude production decline by nearly 2% year on year in 2020.
Pipeline rupture brings gasoline output down at PdVSA’s Cardon refinery
Venezuela’s national oil company (NOC) PdVSA has reportedly cut gasoline production at the Cardon refinery by more than 50% following a pipeline rupture.
T&T rejects labour union’s bid for Petrotrin, announces plans for another sale
The government of Trinidad and Tobago said last week that it had rejected a local trade union’s bid for the Petrotrin oil refinery in Point-a-Pierre and would instead make another attempt to sell the facility.
Port of Spain to launch next deepwater licensing round by end-2021
Franklin Khan, the prime minister of Trinidad and Tobago, has revealed that his government intends to launch its next deepwater bidding round before the end of this year.
NRG LatAmOil: Trinidad investment offerings
The government of Trinidad and Tobago is gearing up to launch two investment initiatives.
Panama Canal congestion contributes to LNG price spike
Congestion in the Panama Canal delaying shipments of LNG from the US Gulf Coast to Asia is among the factors contributing to record-high spot prices for the super-chilled fuel in Northeast Asia.
Sore spots in US-Mexico energy relations
Biden takes office in the face of US concerns about competition in Mexico's energy markets – and a Mexican leader’s determination to uphold his own preference for state-owned companies.
Quito prepares for talks on refinery lease
Ecuador’s government will receive a formal proposal from a US-Korean consortium for the lease and modernisation of the 110,000 barrel per day (bpd) Esmeraldas oil refinery next month.
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