LatAmOil - Latin America Oil & Gas

20 August 2021

Lukoil spuds Yoti West-1X well at Block 12 offshore Tabasco

19 August 2021

Russia’s Lukoil said earlier this week that it had spudded its first exploration well at the Block 12 licence area in the southern Gulf of Mexico.

Aquaterra Energy completes engineering design for renewable-powered rig

19 August 2021

UK-based Aquaterra Energy has completed the engineering design for a renewable energy-powered drilling platform that will be installed at the Zandolie field in Trinidad and Tobago’s offshore zone.

Peru prioritises ESG issues

19 August 2021

Ivan Merino, Peru's new energy minister, has indicated that President Pedro Castillo will link permits and approvals to resource developers’ willingness to invest in social projects that help host communities.

Peruvian energy minister comments on government’s plans for PetroPerú

19 August 2021

Peru’s new government, headed by President Pedro Castillo, has continued to reveal more information about its plans for raising the profile of the national oil company (NOC) PetroPerú.

Brazilian government may use oil royalties to cover LPG subsidy programme

17 August 2021

The Brazilian government may use royalty payments from the oil industry to subsidise free LPG supplies for impoverished families, according to a Reuters report.

Pemex reportedly lacks funds for Zama project

17 August 2021

Pemex is short of the funds it will need to develop Zama, a major oilfield located off the coast of Tabasco state, sources familiar with discussions at the national oil company (NOC) told Bloomberg last week.

Guyana’s president outlines plans to establish Petroleum Commission by year-end

17 August 2021

Irfaan Ali, the president of Guyana, said last week that his administration intended to establish a new government agency to oversee the country’s fledgling oil industry before the end of the year.

LatAmOil: Guyana to establish Petroleum Commission by year-end

17 August 2021

Irfaan Ali, the president of Guyana, said last week that his administration intended to establish a new government agency to oversee the country’s fledgling oil industry before the end of the year.

Ecopetrol’s $3.6bn bet on energy transition

13 August 2021

Colombia’s NOC Ecopetrol has acquired a majority stake in ISA, the country’s TSO, and hopes the deal will help it accelerate the pace of expansion into renewable energy