LatAmOil - Latin America Oil & Gas
Guyana pushing CGX to drill at Demerara, Berbice rather than focus solely on Corentyne
Guyana has urged Canada’s CGX Energy and its parent company Frontera Energy to move ahead with exploration drilling at the Demerara and Berbice offshore blocks rather than focus solely on the Corentyne licence area.
YPF reports net profits down, revenues up in Q4-2021
Argentina’s national oil company YPF reported last week that its net profits had dropped to $247mn in the final quarter of 2021, down by 54.2% on the figure posted in the same period of 2020.
LatAmOil: Tradener makes Brazil’s first private deal for Bolivian gas
Tradener has become the first privately owned Brazilian firm to buy natural gas directly from Bolivia, without the national oil company Petrobras acting as an intermediary.
Oil Ministry says Venezuelan crude sold for more than $80 per barrel last week
Venezuelan crude oil commanded a price of more than $80 per barrel in the week ending on March 4, according to a filing published late last week by Ultimas Noticias, a pro-government daily published in Caracas.
Brazil’s Tradener signs first direct gas supply agreement with Bolivia
Tradener is set to become the first privately owned Brazilian firm to buy natural gas directly from Bolivia, without the national oil company Petrobras acting as an agent or intermediary.
Trinidad and Tobago’s PM comments on potential lost revenue from LNG sales
Trinidad and Tobago’s Prime Minister Keith Rowley claimed at the Sixth Summit of the Gas Exporting Countries Forum (GECF) that his nation had lost billions of dollars in potential revenue from LNG sales.
CNPC wins first drilling contract at Ecuador’s Ishpingo oilfield
Ecuador’s Energy Minister Juan Carlos Bermeo has said that China National Petroleum Corp. (CNPC) won its first drilling contract for the Ishpingo oilfield, located near the Yasuni National Park.
Re-injection and other ideas for Guyana’s gas
ExxonMobil slow-walks its GTP project in Guyana, in a sign that ambitious ideas about how to dispose of associated gas in environmentally friendly ways may not come to fruition quickly.
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