LatAmOil - Latin America Oil & Gas

19 February 2021

Washington draws criticism from GAO, UN for Venezuela sanctions

18 February 2021

The US government is drawing criticism for sanctions on Venezuela and its national oil company, with US legislators, the GAO and the UN asserting that trade restrictions have intensified the South American state's humanitarian crisis.

No decision yet on Petrotrin sale, energy minister says

18 February 2021

Franklin Khan, Energy and Industries Minister of Trinidad and Tobago, said last week that the government had not yet decided whether to accept the bid made by a local trade union’s bid for the Petrotrin oil refinery.

Vaca Muerta oil production levels reported up in December

18 February 2021

Production levels appear to be on the rise in Argentina’s Vaca Muerta shale basin, largely because developers are focusing more intently on unconventional oil production.

Venezuela charges head of PdVSA subsidiary with setting up black market LPG scheme

18 February 2021

Venezuelan authorities have reportedly arrested the head of a subsidiary of the national oil company (NOC) PdVSA on charges related to black market sales of LPG.

Guyana trims 2021 oil output target

18 February 2021

The government of Guyana has cut its forecast for oil output in 2021, Finance Minister Ashni Singh has said.

ExxonMobil contractor conducting technical assessment of Liza Destiny equipment

18 February 2021

The US super-major ExxonMobil has sought advice from outside experts as it seeks to repair the Liza Destiny FPSO offshore Guyana.

Oil industry still waiting to learn outcome of Ecuador’s presidential election

18 February 2021

Ecuador is heading for a second round of presidential elections, as none of the contenders secured a majority in the vote held last week. The outcome of the next round is likely to affect the country’s oil policy.

Frontera, CGX moving ahead with drilling plans at Demerara, Corentyne

18 February 2021

Canada’s CGX Energy and its majority shareholder Frontera Energy have issued an update on their plans for exploration of their assets in Guyana.

Guyana’s government hopes to choose new oil marketing contractor by April

18 February 2021

Guyana’s Vice-President Bharrat Jagdeo has said that Georgetown expects to choose a new contractor to market its share of oil from the Liza-1 field by April, when its next 1mn barrel cargo is scheduled to be loaded for export.

LatAmOil: Production and elections

16 February 2021

As Argentina's oil production rises, Ecuador is still waiting for election results.

Is a trade dispute brewing between the US and Mexico?

12 February 2021

Lopez Obrador’s efforts to help CFE dominate the power sector have implications for Mexico's oil and gas industry.