LatAmOil - Latin America Oil & Gas
Paraguayan president signs motor fuel price subsidy bill into law
Paraguay’s government has enacted a bill that subsidises the cost of motor fuel sold at filling stations owned by Petróleos Paraguayos (Petropar), the state-run petroleum product concern, for at least two months.
ExxonMobil strikes out at Cutthroat-1
ExxonMobil (US) has reportedly seen disappointing results from Cutthroat-1, a wildcat well drilled at SEAL-M-428, an ultra-deepwater block in the deepwater Sergipe-Alagoas basin offshore Brazil.
CADE agrees to give Petrobras more time to sell seven refineries
CADE, the Brazilian government’s anti-trust agency, has granted the national oil company Petrobras more time to complete the sale of seven refineries included in its privatisation programme.
Talos confirms receipt of documents officially naming Pemex as operator of Zama oilfield
US-based Talos Energy has confirmed its receipt of documents from Mexico’s Secretariat of Energy (SENER) finalising the decision to award Pemex control of the offshore acreage that includes the Zama oilfield.
EIG, Fluxys eye 80% stake in GNL Quintero
EIG Energy Partners (US) and Fluxys (Belgium) announced on March 28 that they were teaming up to acquire an 80% stake in GNL Quintero, a Chilean LNG import terminal.
LatAmOil: SENER formally names Pemex as operator of Zama oilfield
US-based Talos Energy has confirmed its receipt of documents from Mexico’s Secretariat of Energy (SENER) finalising the decision to award Pemex control of the offshore acreage that includes the Zama oilfield.
ANP head comments on projected pace of Brazil’s oil production increase
Rodolfo Saboia, the director-general of Brazil’s ANP, said last week that his country was on track to raise its hydrocarbon production by 3mn barrels of oil equivalent per day by the end of the decade.
Pemex may change schedule for halting crude oil exports
Mexico City is reportedly considering keeping oil export volumes at 1mn bpd temporarily in order to earn more revenue to cover fuel subsidy expenditures.
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