LatAmOil - Latin America Oil & Gas

ONP pipeline flows halted by indigenous protest

A group of indigenous Peruvians took over the facilities of Pump Station #5 along the Northern Oil Pipeline (ONP) last week, in an act that forced the national oil company Petroperu, the owner of ONP, to halt crude shipments.

OPEC+ output up but still well short

LatAmOil: Indigenous protest halts ONP pipeline flows

A group of indigenous Peruvians took over the facilities of Pump Station #5 along the Northern Oil Pipeline (ONP) last week in an act that forced the national oil company Petroperu, the owner of ONP, to halt crude shipments.

Tenaris exec highlights Argentina’s opportunities in gas development

Javier Martinez Alvarez, Tenaris’ president for the Southern Cone region, said earlier this week that Argentina had a wide range of opportunities for developing its natural and unconventional gas reserves.

Trinidad and Tobago to hold three bidding rounds in 2022

Trinidad and Tobago’s Finance Minister Colm Imbert said earlier this week that Port of Spain hoped to launch multiple licensing rounds for onshore and offshore exploration prospects next year.

Castillo reorganises Cabinet shortly after PM urges higher taxes for gas investors

Questions have arisen about the fate of the Camisea fields, Peru’s largest domestic source of natural gas, following a shake-up in the administration of President Pedro Castillo.

CNOOC on track to acquire another 5% of Búzios

State-owned China National Offshore Oil Corp. (CNOOC) looks set to proceed with its plan to acquire an additional 5% stake in Búzios, one of the four oilfields located within Brazil's Transfer of Rights (TOR) area.

Petrobras reportedly leaning towards PetroRio in Albacora tender but may split fields

Brazil’s national oil company Petrobras has reportedly named a consortium headed by PetroRio, an independent Brazilian firm, as the winner of a bidding contest for the Albacora and Albacora Leste offshore oilfields.

AMLO blasts financial markets’ response to Pemex debt plan

Mexican President Andres Manuel Lopez Obrador has complained about financial markets’ response to his plans for paying off debts owed by the national oil company Pemex.

Melbana reports additional oil shows in Alameda-1 well

Australia’s Melbana Energy has continued to encounter oil shows in Alameda-1, the exploration well it is drilling at the Block 9 licence area onshore Cuba.

ExxonMobil makes new find at Cataback-1

ExxonMobil (US) has made a discovery in Cataback-1, an exploration well drilled at the Stabroek block offshore Guyana.

Venezuela in oil-for-condensate swap deal with Iran

Venezuela’s national oil company (NOC) PdVSA has struck a deal with its Iranian counterpart on a contract that will enable it to acquire supplies of gas condensate.