LatAmOil - Latin America Oil & Gas
YPF's plan to build Argentina’s biggest oil export terminal in Rio Negro may not be enough to ensure that Vaca Muerta realises its full potential.
Barbados will offer all 22 available blocks in its offshore zone to international oil companies in a bidding round in the fourth quarter of this year.
The Bank of Guyana has confirmed that it is working with local insurance companies to help establish a consortium to provide coverage for the government in the event of a crude spill at the Stabroek offshore block.
Brazil’s Minister of Mines and Energy Adolfo Sachsida has criticised Luiz Inacio Lula da Silva, the top-polling candidate in the upcoming presidential election, for his call to keep Petrobras under government ownership.
ExxonMobil’s most recent finds at the Stabroek block offshore Guyana are good news for Tullow Oil, the operator of the neighbouring Orinduik block, according to an analyst for the UK consultancy Align Research.
US-based APA Corp. has made its first discovery of hydrocarbons at Block 53 offshore Suriname in the Baja-1 exploration well.