LatAmOil - Latin America Oil & Gas
Port of Spain rejects OWTU subsidiary’s bid for Petrotrin refinery
Colm Imbert, the finance minister of Trinidad and Tobago, confirmed last week that the government was rejecting the bid made by a local trade union for the Petrotrin oil refinery in Point-a-Pierre, along with associated port facilities.
Fossil fuels’ future role in the spotlight
The future role of fossil fuels in a decarbonising world was being examined at the CERAWeek by IHS Markit conference this week.
Ecopetrol head comments on ISA bid
The head of Colombia’s national oil company (NOC) Ecopetrol has defended his company’s decision to submit a bid for a 51.4% stake in Interconexion Electrica SA (ISA), the country’s electricity transmission system operator (TSO).
Guyanese company to provide fabrication services for Properity FPSO
Guyana’s Industrial Fabrications (InFab) is one of two local companies that had won contracts from SBM Offshore for fabrication services on the Prosperity floating production, storage and off-loading (FPSO) vessel.
Financial analyst says pipeline for Guyana’s GTP project may cost more than $1bn
Joel Bhagwandin, a financial analyst for JB Consultancy & Associates, says Guyana’s government might have to spend more than $1bn on a pipeline that will allow the country to use domestically produced natural gas for electricity generation.
Pemex reports profit in Q4-2020
Mexico’s national oil company (NOC) Pemex revealed last week that it had turned a profit again in the final quarter of 2020, marking its second consecutive quarterly gain.
Disputes over fuel pricing simmering in Brazil
The dispute between Brazil’s President Jair Bolsonaro and the national oil company (NOC) Petrobras over prices for diesel and other petroleum products appears to be ratcheting up.
LatAmOil: Ecopetrol comments on ISA bid
Colombia’s national oil company (NOC) Ecopetrol has defended its decision to submit a bid for a majority stake in Interconexion Electrica SA (ISA), the country’s electricity transmission system operator (TSO).
Brazilian government dismisses Petrobras CEO
Roberto Castello Branco has been dismissed from his position as CEO of Petrobras, the national oil company (NOC), and replaced by Joaquim Silva e Luna, an army general who once served as minister of defence.
PetroTal sets 2021 capex budget at $100mn
Canada’s PetroTal said last week that it had set a budget of $100mn for its capital expenditure budget in 2021.
Ecopetrol rolls out 2021-2023 investment budget
Colombia’s national oil company (NOC) Ecopetrol has announced plans to invest $12-15bn in its operations during the 2021-2023 period.
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