LatAmOil - Latin America Oil & Gas
Trinidad and Tobago's ability to benefit from current European market conditions is constrained by questions about gas supply, production decline and the fate of Atlantic LNG.
TotalEnergies (France) has taken a final investment decision on the development of Fenix, a natural gas field in San Sebastian Bay that lies about 60 km off the coast of Tierra del Fuego Province.
Brazil's anti-trust agency CADE has authorised Gaspetro, a natural gas distribution firm, to proceed with the sale of stakes in four state-level distributors to Termogas, a domestic gas holding company.
Guyana’s Vice President Bharrat Jagdeo said last week that many Guyanese citizens were overestimating the government’s influence on day-to-day activities at the offshore Stabroek block.
Frank-Walter Steinmeier, President of Germany, said on September 20 that his Mexican counterpart Andres Manuel Lopez Obrador had offered to provide assistance in the realm of LNG supplies.
Columbia’s Ecopetrol has asked ANH, the oil and gas regulator, to suspend its contracts for the Kale and Platero unconventional fields for 90 days in the face of mounting resistance from environmental groups.
Colombia’s national oil company Ecopetrol has reportedly boosted throughput at its refinery in Cartagena and is preparing to expand capacity even further.
Argentina's Oleoductos del Valle (Oldelval), the national oil pipeline operator, is prepared to invest $750mn in a project that will double the amount of crude oil coming out of the Vaca Muerta shale formation.
Ecuador’s national oil company Petroecuador announced on September 16 that it had struck a deal with PetroChina on the conditions of sale for dozens of cargoes of crude.
Guyana’s government has begun the process of updating the country’s existing oil and gas law and hopes to adopt a new version in the near future, Vice President Bharrat Jagdeo said last week.
Keith Rowley, the prime minister of Trinidad and Tobago, wants his country’s government to have more say in decisions about exploration, production and development strategies in the natural gas sector.