LatAmOil - Latin America Oil & Gas
Eco Atlantic aims to expand Guyana foothold by acquiring JHI
UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.
LatAmOil: Eco Atlantic to expand Guyana foothold via acquisition of JHI
UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.
Russia-Ukraine conflict triggers a change in US-Venezuela relations
US sanctions on Venezuela may be on the chopping block as Washington looks for ways to make more oil available.
CNOOC subsidiary to acquire another 5% of Búzios section of Transfer of Rights area
Brazil’s national oil company Petrobras will assign a 5% stake in the production-sharing contract covering the Búzios section of the transfer of rights (TOR) offshore area to a subsidiary of CNOOC.
Guyana’s attorney general defends government’s support for oil development
Guyanese Attorney General Anil Nandall has spoken in favour of the government’s economic agenda in response to criticism from several NGOs that have raised objections to Georgetown’s promotion of upstream oil development.
Argentina reportedly in discussions with several potential LNG suppliers
Argentina’s Economy Minister Martin Guzman said on March 9 that Buenos Aires was holding discussions with several companies on an LNG supply deal for the coming winter.
Study: Gas flaring rose nearly 50% in Mexico between 2018 and 2020
Mexico’s associated gas flaring volumes rose by nearly 50% between 2018 and 2020, according to a study that the Colorado School of Mines’ Earth Observation Group (EOG) carried out for Reuters.
Minister: Jamaica has enough oil and fuel in storage to weather high prices
Jamaica’s Minister of Science, Energy, and Technology Daryl Vaz sought last week to provide assurances that the country has sufficient fuel reserves as oil prices rise following Russia's invasion of Ukraine.
Borders & Southern Petroleum seeks to raise $1.8bn for Darwin appraisal, development
AIM-listed Borders & Southern Petroleum is looking to raise up to $1.8mn to cover the cost of appraising and developing Darwin, its natural gas and condensate discovery in the South Falkland basin.
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