LatAmOil - Latin America Oil & Gas
Argentina is talking once again about its potential to become an oil and gas exporter, but it is not in a position to realise its ambitions just yet.
Gobind Ganga, the governor of the Bank of Guyana, said on September 5 that the country was on track to collect more than $1bn in oil export revenue this year.
Brazil’s Petrobras is looking into the possibility of broadening the scope of its carbon capture and storage programme and may begin offering services to third parties.
The US major Chevron has asked Washington to expand the scope of its exemption from sanctions barring investment in Venezuela’s oil industry, sources with knowledge of the matter told Reuters last week.
BP Trinidad and Tobago (bpTT) has taken delivery of the Joe Douglas jack-up rig and was on track to launch a new drilling programme in the Columbus basin off the south-eastern coast of Trinidad.
The Waorani and A’i Cofan indigenous communities of the upper Amazon River have petitioned Ecuador’s Constitutional Court to enforce previous rulings rescinding the hydrocarbon and mining concessions.
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, resumed exports in August following a planned shutdown for maintenance in July.
Pan American Energy (PAE), Argentina’s second-largest producer of crude oil and fourth-largest supplier of natural gas, has announced plans to start supplying gas to neighbouring Brazil.
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.
Trafigura Group has started redirecting shipments of Russian diesel to Latin American markets in the face of a looming EU ban on petroleum product imports originating in Russia.
Italy’s Eni is making the most of a promising market opportunity by bringing Mexico’s new export grade, Mizton, to the US markets.
Guyana is continuing to explore the possibility of building the country’s first oil refinery and has received multiple project proposals from potential investors, Vice President Bharrat Jagdeo has said.
The Peruvian government’s $4.5bn civil claim against Repsol (Spain) and other parties for damages related to an oil spill that occurred on January 15 at La Pampilla has been admitted to court.
RBC Capital Markets (Canada) has speculated that TotalEnergies (France) may postpone its final investment decision on the development of Block 58 offshore Suriname until 2023.
ExxonMobil (US) intends to target three oilfields at the Stabroek block offshore Guyana within the framework of its fifth development project.