LatAmOil - Latin America Oil & Gas
Ongoing shifts in Venezuela’s relationships with Russia, Iran
Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.
NGC signs deal with bpTT on domestic gas supplies
National Gas Co. of Trinidad and Tobago Ltd (NGC) announced that it had finalised a “milestone” gas supply agreement with BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), on September 23.
Report: Swiss trader now handling majority of Venezuelan petcoke exports
Geneva-based Maroil Trading has assumed responsibility for the majority of Venezuela’s petroleum coke exports, according to documents and sources close to the matter cited by Reuters.
Lula wants Petrobras to expand refining operations, says top oil and gas advisor
Luiz Inacio Lula da Silva, the leading candidate in Brazil’s upcoming presidential election, will expand the refining arm of the national oil company Petrobras if he wins the vote on October 2.
Petrobras preparing new business plan
Brazil’s national oil company Petrobras will unveil a new strategic business development plan in November, according to Salvador Dahan, the state-owned firm’s executive director of governance.
ExxonMobil reportedly still undecided about bidding for more blocks offshore Guyana
ExxonMobil has not yet decided whether it will bid for additional blocks of the coast of Guyana.
Equinor likely to make FID on Pão de Açúcar “soon,” company executive says
Norway’s Equinor will soon make a decision on moving ahead with the development of Pão de Açúcar, a large gas and condensate field at Block BM-C-33 in the Campos basin offshore Brazil.
Ecopetrol head says Asia is absorbing lower share of Colombia’s oil exports
Colombia’s national oil company (Ecopetrol) is sending a smaller share of its oil exports to Asia this year, as competition for Asian market share has ramped up in recent months.
Neuquen governor sees Vaca Muerta investments hitting record high in 2022
Omar Gutierrez, the governor of Argentina’s Neuquen province, said on September 28 that he expected investments in the Vaca Muerta shale formation to reach a record high of $5.5bn in 2022.
Report: Pemex did not notify regulators about methane leaks in December
Mexico’s national oil company Pemex does not appear to have reported the methane leaks detected at the Ku-Maloob-Zaap oilfield cluster last December on the basis of satellite data from the European Space Agency (ESA).
CFEi sues two former executives in Texas court over gas supply contracts
A subsidiary of the Federal Electricity Commission (CFE), Mexico’s national power provider, has filed suit in a Texas court against two former executives who were involved in the signing of three gas contracts.
LatAmOil: Ecopetrol requests 90-day suspension of fracking projects
Colombia’s national oil company Ecopetrol has asked ANH, the country’s oil and gas regulator, to suspend its contracts for the Kale and Platero unconventional fields for 90 days.
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