LatAmOil - Latin America Oil & Gas

28 July 2022

ExxonMobil makes two new finds at Stabroek

27 July 2022

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.

Sempra Infrastructure, CFE sign agreements on major gas projects

26 July 2022

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.

Guyanese minister touts Yellowtail permit’s capping stack requirement

26 July 2022

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.

Bolsonaro, Sachsida seek to quell concerns over high diesel prices

26 July 2022

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, Fluxys complete acquisition of majority stake in Chilean LNG terminal

26 July 2022

EIG Energy Partners (US) and Fluxys (Belgium) have completed the acquisition of an 80% stake in GNL Quintero, a Chilean LNG import terminal.

CDGN joins Tradener and GasBridge in buying gas directly from Bolivia

26 July 2022

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.

CGX, Frontera reach financing deal for Wei-1 exploration well

25 July 2022

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 begins producing gas from Zandolie field with fully renewable-powered platform

22 July 2022

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.

Asphalt shipments to Latin American markets reported down in H1-2022

22 July 2022

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 restarts production at Peregrino oilfield offshore Brazil

22 July 2022

Equinor (Norway) resumed production at the Peregrino field offshore Brazil on July 16 after a hiatus of more than two years.

Staatsolie chief lobbies for joint development of cross-border hydrocarbons with Guyana

22 July 2022

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.

South American, Caribbean fuel imports reportedly on the rise as of mid-July

22 July 2022

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.

US, Canada raise concerns over Mexican energy policy

22 July 2022

Washington and Ottawa have requested that Mexico City review key provisions of its energy policy under USMCA.

SBM Offshore secures financing for fourth Stabroek FPSO

22 July 2022

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.

Melbana to drill sidetrack well at Zapato-1 site

22 July 2022

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.