LatAmOil - Latin America Oil & Gas

28 October 2022

ExxonMobil’s latest successes at Stabroek

27 October 2022

ExxonMobil, which has announced two new discoveries at the Stabroek block, is set to remain at the head of Guyana’s emerging oil sector.

Integra subsidiary acquires 50% stake in Refinor

26 October 2022

Argentina’s Hidrocarburos del Norte has acquired a 50% stake in Refinor, the company that operates the Campo Durán oil-processing plant.

Suriname moving forward with port project that will support gas-to-power plan

26 October 2022

Suriname is moving forward with plans to build an onshore deepwater port facility that will support a gas-to-power (GTP) project.

OnCorp to build LNG import terminal in north-eastern Brazil

26 October 2022

OnCorp, a private Brazilian company, has been named as the winner of a tender for a contract to build an LNG import terminal at the port of Suape in Pernambuco State.

Mexican government’s draft 2023 budget assumes oil price of $65-70 per barrel, Yorio says

26 October 2022

Mexico’s Deputy Finance Minister Gabriel Yorio has said that the government's draft budget for next year assumes that world crude oil prices will average $65-70 per barrel.

Petro administration will uphold existing oil and gas contracts, Colombian Energy Ministry says

26 October 2022

Colombian President Gustavo Petro, who assumed office in August of this year, intends to uphold existing oil and gas contracts, the country’s Energy Ministry said last week.

Members of Falklands legislature pledge support to plan that includes oil development

26 October 2022

Two members of the Falkland Islands Legislative Assembly say they remain committed to the Islands Plan 2022, which includes offshore oil development, despite their own personal distaste for fossil fuels.

Invenergy announces commercial launch of LNG-to-power project in El Salvador

26 October 2022

Invenergy (US) has succeeded in working with its joint venture partners to launch commercial operations on an LNG-to-power project focused on the port city of Acajutla in El Salvador.

Wintershall acquires 37% stake in Hokchi block from PAE subsidiary

26 October 2022

Wintershall Dea (Germany) has struck an agreement with Hokchi Energy, the Mexican subsidiary of Argentina’s Pan American Energy (PAE), for the acquisition of a 37% share in the Hokchi block.

ANP data show Brazil’s oil and gas output topped 4mn boepd in September

25 October 2022

Brazil’s hydrocarbon production hit 4.048mn barrels of oil equivalent per day in September 2022, according to data released last week by ANP.

LatAmOil: Guyana to reserve offshore blocks for bilateral partnerships

25 October 2022

Guyana intends to set some sections of its offshore zone aside for partnerships with other countries under bilateral accords rather than including them in competitive licensing rounds.

Reading between the lines on Owji’s El Palito announcement

21 October 2022

Did Iran’s oil minister hail Tehran’s launch of a new refinery in Venezuela, or did he express relief over the resolution of a problem that arose earlier this year?