LatAmOil - Latin America Oil & Gas

ExxonMobil reports progress in repair of Liza Destiny compressor

ExxonMobil (US), the leader of the consortium that is developing the Liza-1 oilfield offshore Guyana, has reported progress in its efforts to resolve an equipment problem that has disrupted production.

Work on Longtail-3 appraisal well to begin next month

ExxonMobil (US) is gearing up to drill an appraisal well at Turbot/Longtail, a section of the offshore Stabroek block.

Staatsolie chief comments on strategy

Suriname’s national oil company (NOC) Staatsolie has indicated that it hopes to play an important role in the development of the country’s offshore crude oil resources.

Finance minister notes changes in annual oil hedge deal

Mexico’s government has revised the parameters of its annual oil hedge deal and may make further changes in the future, Finance Minister Arturo Herrera has said.

Former energy minister endorses liberalisation of domestic fuel markets

Kevin Ramnarine, the former energy minister of Trinidad and Tobago, has expressed support for the government’s efforts to liberalise domestic fuel markets.

Enauta resumes production at Atlanta

Brazilian independent Enauta Participações has resumed production at the Atlanta field, a section of the offshore Block BS-4, after completing repair work at one of its development wells.

Pemex to receive government stimulus

Mexico’s government has announced plans to offer additional fiscal support to Pemex, the national oil company (NOC), in the form of a stimulus package worth around $3.5bn.

Venezuela ‘shipping jet fuel to Iran in return for vital gasoline imports from fellow sanctioned nation’

Barriers to Vaca Muerta gas development

Three industry experts speak to NewsBase about Argentina’s prospects for stepping up work at its vast unconventional gas fields in the Vaca Muerta basin.

LatAmOil: Mexican government offers support to Pemex

The Mexican government has offered fiscal support to Pemex.

Winter storm in Texas has repercussions further south

Mexico has suffered gas and electricity shortages since harsh weather interrupted pipeline deliveries.