LatAmOil - Latin America Oil & Gas

25 June 2022

Argentina’s oil production hit record high in May

24 June 2022

Argentina has seen crude oil production rise to its highest levels in more than 10 years in May, largely as a consequence of increasing output at unconventional fields.

Ecuador’s oil output sinks in advance of nationwide strike

24 June 2022

Ecuador’s Agency for the Regulation and Control of Energy and Natural Resources (ARC) said on June 22 that crude oil production levels had dropped by 45% ahead of a strike by members of indigenous communities.

Petrobras’ balancing act

24 June 2022

High oil prices are shining the spotlight on the contradiction between Petrobras' upstream goals and the government’s hopes of support for policy objectives.

Petro’s election win could have major impact on Colombia’s oil and gas sector

24 June 2022

Colombia’s oil and gas sector may be headed for some major changes following Gustavo Petro’s victory in the run-off phase of the presidential election.

ExxonMobil’s Guyana subsidiary reports on 2021 results

24 June 2022

Esso Exploration and Production Guyana Ltd (EEPGL), a subsidiary of the US super-major ExxonMobil, earned a profit of $132bn from its activities at the offshore Stabroek block in 2021.

Petroecuador seeks private partner to cut gas flaring in Amazon

24 June 2022

Petroecuador is seeking a private-sector partner in order to prevent the further flaring of associated gas during crude production in the Amazon, in line with a court-imposed deadline.

Mexico's AMLO says his government is committed to reducing gas flaring

24 June 2022

Mexican President Andres Manuel Lopez Obrador told reporters last week that his government was committed to reducing associated gas and methane flaring.

Former energy minister casts doubt on Rowley’s predictions of rise in gas production

24 June 2022

Kevin Ramnarine, the former energy minister of Trinidad and Tobago, is sceptical about PM Keith Rowley’s recent prediction that natural gas production levels will start rising before the end of 2022.

Energía Argentina in steel pipe contract with Tenaris for Vaca Muerta gas project

24 June 2022

State-owned Energía Argentina has signed a contract with SIAT, a subsidiary of the Luxembourg-based steel pipe maker Tenaris, for the supply of welded pipes for the President Néstor Kirchner Gas Pipeline (PNKG) project.

EDP receives second LNG shipment in El Salvador via ship-to-ship transfer

24 June 2022

BW LNG, a subsidiary of Singapore-based BW Group, reported last week that the Energía del Pacífico (EDP) joint venture had received its second shipment of LNG via ship-to-ship transfer in El Salvador.

APA says Krabdagu-1 well offshore Suriname holds at least 180mn barrels of oil

22 June 2022

APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appeared to contain at least 180mn barrels of oil in place.

LatAmOil: APA reports on size of Krabdagu-1 well offshore Suriname

22 June 2022

APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appears to contain at least 180mn barrels of oil in place (OIP).