LatAmOil - Latin America Oil & Gas
Beyond Oil and Gas Alliance aims to end oil and gas production
The Beyond Oil and Gas Alliance (BOGA) is calling for an immediate end to new licensing rounds for oil and gas exploration, and has signed up 11 governments to a promise to end oil and gas production by 2050.
LatAmOil: Argentina’s electricity export earnings will fund Vaca Muerta gas pipeline
Argentina expects to use the proceeds of electricity exports to Brazil to finance two major infrastructure projects that will facilitate the development of the Vaca Muerta shale formation.
Argentina will use proceeds of electricity exports to fund gas pipeline construction
Argentina’s Energy Secretariat expects to use the proceeds of electricity exports to Brazil to finance several major infrastructure projects that will facilitate the development of the Vaca Muerta shale formation.
US senators eye Latin American and Caribbean LNG markets
Five members of the US Senate have re-introduced a measure designed to expedite the permit process for small-scale LNG exports.
Petrobras’ third-quarter profits exceed expectations
Brazil's national oil company Petrobras posted a profit of BRL31.14bn ($5.56bn) for the third quarter, outperforming expectations.
Venezuelan oil exports top 700,000 bpd in October
Venezuela succeeded in pushing crude oil export volumes above 700,000 barrels per day in October, according to a Reuters report.
Ecuador gears up to call new tender for Las Emeraldas refinery operating contract
Ecuador’s government may call a new tender for the right to operate the 110,000 barrel per day Las Esmeraldas refinery before the end of this month, according to Energy Minister Juan Carlos Bermeo.
Mexico reportedly moving ahead with annual oil hedge
Mexico’s government has reportedly begun the process of arranging its annual oil hedge, a collection of financial deals designed to protect the country against fluctuations in the crude market by locking crude prices in ahead of time.
Exxon Mobil’s 2nd Liza FPSO arrives in Guyana
The Liza Unity, which was built to be the second floating production, storage and off-loading vessel installed at Guyana’s Stabroek block, has arrived at the Liza-2 production site offshore Guyana.
Pemex back in the red in third quarter despite oil price recovery
Mexico’s national oil company Pemex was back in the red in the third quarter of this year, despite the recent recovery in its crude production levels.
Brazilian leader inches closer to privatisation of Petrobras
Brazilian President Jair Bolsonaro said again last week that he was considering privatising the national oil company Petrobras and that the government had begun evaluating options for divesting its stake in the firm.
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