LatAmOil - Latin America Oil & Gas

22 July 2022

Brazil’s independent producers gain more interest from hedge funds, other investors

21 July 2022

Brazil’s independent oil and gas producers are gaining attention from hedge funds and other investors eager to cash in on rising production but nervous about the national oil company Petrobras.

LatAmOil: South American fuel imports rise as asphalt shipments drop

20 July 2022

The volume of refined petroleum products delivered to Brazil and Argentina has been climbing this month, as South American fuel traders seek to cover seasonal increases in demand.

3t EnerMech to become exclusive provider of EICTB training services in Angola, Guyana

18 July 2022

3t EnerMech has struck a deal with the Engineering Construction Industry Training Board (ECITB) of the UK on providing specialised training services for oil and gas workers in Angola and Guyana.

Maximising domestic gas supplies in Brazil

15 July 2022

As a Brazilian legislator talks to stakeholders about bringing more gas to shore and reducing re-injection, he should take a closer look at Petrobras’ development strategy and CCUS solutions.

Staatsolie VP urges IOCs to consider shallow-water blocks

15 July 2022

Glenn Corrie, VP of offshore operations at Suriname’s national oil company Staatsolie, has urged investors to look closely at shallow-water acreage that will be offered in an upcoming licensing round.

Shipments to Europe help boost Venezuelan oil exports 61% in June

15 July 2022

Venezuela saw exports of crude oil and refined fuels rise by 61% last month as it resumed shipments of crude to Europe for the first time in two years.

Citgo says it would be willing to import Venezuelan crude with US government’s permission

15 July 2022

Citgo Petroleum, a US-based downstream affiliate of Venezuela’s national oil company PdVSA, indicated last week that it was willing to resume imports of Venezuelan crude if the US government authorised it to do so.

Trinidad and Tobago launches onshore, coastal bidding round

15 July 2022

Trinidad and Tobago’s Ministry of Energy and Energy Industries announced this week that it had launched a new licensing round that covers 11 onshore and coastal blocks.

Petrobras confirms oil discovery in wildcat 1-BRSA-1383A-RJS well

15 July 2022

Petrobras, Brazil’s national oil company, has confirmed its discovery of crude oil in a wildcat well drilled within the pre-salt zone of the southern Campos basin.

Marubeni, Osaka Gas, Peru LNG plan feasibility study for synthetic methane production

15 July 2022

Two Japanese companies, Marubeni and Osaka Gas, have announced plans to team up with Peru LNG for a study of synthetic methane production in Peru.

Colombia’s Council of State says law permitting unconventional exploration will stand

15 July 2022

Colombia’s highest administrative court will not proceed with a lawsuit that aims to overturn government regulations permitting the development of unconventional oil and gas reserves.

Tullow says Beebei-Potaro-1 exploration well at Kanuku will be completed in Q3-2022

15 July 2022

Tullow Oil (UK/Ireland) said on July 13 that it expected to finish drilling and obtain results from Beebei-Potaro-1, an exploration well now being sunk at the Kanuku block offshore Guyana, in the near future.

TotalEnergies not yet ready to set date for FID on Block 58

15 July 2022

TotalEnergies EP, a subsidiary of the French major TotalEnergies, has indicated that it is not yet ready to make a final investment decision on the development of Block 58 offshore Suriname.