LatAmOil - Latin America Oil & Gas
Protests pose obstacles for Colombia’s oil and gas sector
As Colombian oil and gas production levels continue to slip amidst widespread protests, Ecopetrol may have to rethink its performance targets.
US grants Chevron, three service companies another waiver from Venezuelan sanctions
The US Treasury Department has given Chevron and three oilfield service providers permission to continue maintaining a limited presence in Venezuela, despite the continuation of sanctions.
Sempra raises stake in IEnova to 96.4%
US-based Sempra Energy reported last week that it had increased its equity stake in IEnova, its Mexican subsidiary, to 96.4% following the expiry of its share exchange offer.
Liza-1 production could rise to 150,000 bpd next year, Hess COO says
Hess has speculated that production rates at Liza-1, a section of the Stabroek block offshore Guyana, may rise to as much as 150,000 barrels per day next year.
PdVSA may repurpose Petropiar, Petrocedeno upgraders to facilitate gasoline production
Venezuela’s national oil company (NOC) PdVSA is reportedly looking into the possibility of repurposing some of the country’s heavy crude oil upgraders to facilitate gasoline production.
Boskalis making progress on pipeline for LNG-to-power project in El Salvador
Boskalis, a Dutch dredging and offshore services provider, has nearly completed work on a subsea pipeline that will support an LNG-to-power project in El Salvador.
Karoon, Pitkin at odds over exploration drilling at Block Z-38
Australia’s Karoon Energy is at odds with one of its partners in a Peruvian exploration project with respect to exploration drilling plans.
Petrobras appeals Bolivian court’s ruling on ownership of gas field
Brazil’s national oil company (NOC) Petrobras is reportedly seeking to overturn a Bolivian court’s decision on the ownership of a large natural gas field.
Hess, ExxonMobil expect work on Yellowtail project to move ahead quickly
ExxonMobil and Hess have both indicated that they expect to move forward quickly with preparations for oil production at Yellowtail, the fourth section of the Stabroek block offshore Guyana slated for development.
Equinor announces Bacalhau FID
Equinor (Norway) and its partners have made a final investment decision (FID) on the development of Bacalhau, an offshore oilfield in the pre-salt zone of the Santos basin.
LatAmOil: Hess, ExxonMobil optimistic about Yellowtail project
ExxonMobil and Hess both expect to move forward quickly with preparations for oil production at Yellowtail, the fourth section of the Stabroek block offshore Guyana slated for development.
Ecopetrol reports impact of protests on operations
Colombia’s Ecopetrol said this week that it had encountered difficulties as a result of the protests taking place across the country for almost a month.
Chile seeks to compete with Europe on hydrogen
Chilean green hydrogen could cost less than $1.3per kg by 2025, the country’s Minister of Energy and Mining, Juan Carlos Jobet, said.
Hess increases stake in Guyana’s Kaieteur block
US independent Hess has increased its stake in the Kaieteur block offshore Guyana from 15% to 20%, according to Westmount Energy, a shareholder in Cataleya Energy, which farmed down the 5% stake to Hess for an undisclosed sum.
Brazilian regulator approves more Petrobras asset transfers
Brazil’s regulator, ANP, has approved the transfer of two onshore assets from state-owned Petrobras to private companies.
Scepticism over Argentina’s LNG export potential
Argentina’s ambitions to become a major LNG exporter appear unlikely to be realised in the shorter term, and the country’s producers are prioritising regional pipeline exports.
Peru rations gas amid liquefaction plant outage
Gases del Pacifico-Quavii, a subsidiary of Colombia's Promigas and one of Peru’s leading natural gas distributors, is rationing supply following an outage at the Peru LNG liquefaction plant, on which it relies for gas.
New Fortress seeks court review of FERC’s Puerto Rico LNG decision
New Fortress Energy has asked a federal appeals court to review a US Federal Energy Regulatory Commission decision asserting jurisdiction over the San Juan LNG terminal in Puerto Rico and requiring the company to apply for a permit for the facility.
Buyers emerge for Shell’s refineries
News of two separate US refinery sales by Shell emerged over the past week, with Mexico’s Pemex being one of the buyers, while there were also reports of a bid on a third refinery.
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