LatAmOil - Latin America Oil & Gas
US-based ExxonMobil said on July 26 that it had made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.
US-based Sempra Infrastructure has signed a package of new agreements with the Federal Energy Commission (CFE), Mexico’s national power provider, to advance co-operation on several major natural gas projects.
Guyana is on track to become the only hydrocarbon-producing country in the region to have a capping stack available within, according to Minister of Natural Resources Vickram Bharrat.
Brazil’s President Jair Bolsonaro and Minister of Mines and Energy Adolfo Sachsida have sought to assuage concerns about high diesel costs, saying that the government is working to increase supplies.
EIG Energy Partners (US) and Fluxys (Belgium) have completed the acquisition of an 80% stake in GNL Quintero, a Chilean LNG import terminal.
CDGN, a subsidiary of Brazil’s MDC Group, has become the third privately owned Brazilian firm to buy natural gas directly from Bolivia, without Petrobras acting as an agent or intermediary.
Canada’s CGX Energy and its parent company Frontera Energy have struck an agreement with each other on financing arrangements for Wei-1, their next exploration well at the Corentyne block offshore Guyana.
DeNovo Energy Ltd of Trinidad and Tobago has begun extracting natural gas from a renewable energy-powered platform, the first of its kind, off the western coast of the island of Trinidad.
Waterborne asphalt deliveries to Latin American buyers slipped by 13% to 320,400 tonnes in the first half of 2022, a significant drop from the figure of 367,800 tonnes reported during the same period of last year.
Equinor (Norway) resumed production at the Peregrino field offshore Brazil on July 16 after a hiatus of more than two years.
Annand Jagesar, the managing director of Suriname’s national oil company Staatsolie, favours the idea of co-operation with Guyana on the development of hydrocarbons, particularly gas.
The volume of refined petroleum products delivered to South American and Caribbean markets has been climbing this month in response to seasonal fluctuations in demand.
Washington and Ottawa have requested that Mexico City review key provisions of its energy policy under USMCA.
SBM Offshore of the Netherlands has secured 100% of the $1.75bn in financing needed for the construction of the FPSO vessel that will be installed at the Yellowtail oilfield offshore Guyana.
Australia’s Melbana Energy revealed earlier this week that it had decided to drill a sidetrack at the site of the Zapato-1 exploration well at Block 9, its contract area onshore Cuba.