LatAmOil - Latin America Oil & Gas
Venezuelan MPs prepare to ratify law on confidential contracts with private firms
Members of Venezuela’s National Assembly are reportedly preparing to ratify a law that will allow Caracas to sign confidential agreements with private investors in the oil sector.
US gas exports to Mexico hit new highs
US natural gas exports to Mexico recently rose to record highs and are poised to move even further upwards over the next few months, according to industry observers.
Vaca Muerta output may recover after protesters lift roadblocks
Development operations in Argentina’s Vaca Muerta shale formation have slowed in recent weeks because of labour unrest, but drilling and production may recover now that protesters have agreed to move to different locations.
Tropic Oil: Jamaica may seek a larger share of Caribbean bunkering market
Chelsea Jaouli, the global business development manager of Florida-based Tropic Oil, said earlier this week that Jamaica was in a good position to increase its share of the Caribbean bunkering market.
SENER says Mexico is drawing up legislation to support local oilfield service companies
Mexico’s government wants to see local oilfield service providers (OSPs) play a larger role in upstream exploration and development projects.
Petrobras board approves sale of 10% stake in NTS
Petrobras has secured approval from its board of directors for the planned sale of a minority stake in Nova Transportadora do Sudeste (NTS), one of its former midstream subsidiaries, to a private investor.
Poll results raise concerns about fate of Peru’s gas and mineral resources
Concerns about the future of Peru’s extractive industries are mounting ahead of the next round of the presidential election, as the top-polling candidate has talked about nationalising the country’s natural gas and mineral deposits.
LatAmOil: YPFB to see revenues rise this year
Wilson Zelaya, the CEO of Bolivia’s national oil company (NOC) YPFB, has said that conditions are improving in his country’s hydrocarbon sector.
YPFB sees revenues rising 35% this year
Wilson Zelaya, the CEO of Bolivia’s national oil company (NOC) YPFB, has indicated that conditions are improving in his country’s hydrocarbon sector.
US court clears ExxonMobil to proceed with lawsuit against Cuba’s Cimex
The US federal court system has given ExxonMobil a green light for moving ahead with a lawsuit against a state-owned Cuban company.
RdK says it has leased Bullen Bay terminal to Mercuria
Refineria di Korsou (RdK), the government-run operator of Curaçao’s only oil-processing plant, said earlier this week that it had leased a petroleum product storage facility at the Bullen Bay terminal to Mercuria Energy Trading of Cyprus.
AMLO’s energy agenda moves ahead in Congress
Mexican legislators have approved measures that are likely to give state-owned Pemex more control over the downstream sector.
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