LatAmOil - Latin America Oil & Gas

Petrobras: About to come down from a high point?

As Brazil marks an all-time high in production, Lula appears to be gearing up for major changes at Petrobras.

NFE, Pemex finalise strategic partnership agreement for Lakach gas project

US-based New Fortress Energy (NFE) has finalised an agreement with Mexico's Pemex on the development of Lakach, a deepwater natural gas field.

Washington could authorise Chevron to resume operations in Venezuela soon

Washington may authorise the US major Chevron to resume operations in Venezuela in the very near future, three sources familiar with the matter told Reuters on November 23.

Investigation indicates that companies with US ties are assisting Venezuelan fuel shipments

Two companies with ties to the US appear to be assisting Venezuela in transporting large amounts of petroleum products to the world market via an Iranian-built tanker.

Brazil’s gas re-injection volumes hit new record high in October

Brazil saw the volume of natural and associated gas re-injected into crude oil reservoirs rise to the record high level of 76.4mn cubic metres per day in October of this year.

National Energy Corp. of Trinidad and Tobago will attend conferences to promote energy services

State-owned National Energy Corp. of Trinidad and Tobago will participate in at least three major oil and gas summits next year in an effort to help the country’s energy services sector expand.

Mar del Plata branch CGT urges court system to overturn freeze on offshore seismic study

The Mar del Plata branch of Argentina’s General Confederation of Labour (CGT) has protested against Federal Judge Santiago Martin’s decision to suspend an offshore oil and gas exploration project.

Company sources say Pemex has been paying fines rather than meeting environmental standards

Mexico’s national oil company Pemex has been paying fines for violating environmental regulations rather than rectifying its underlying deficiencies, two senior company sources told Reuters last week.

Saudi, UAE ministers deny talks of output increase

EPA says Limetree Bay refinery must meet new permitting requirement before resuming operations

The US EPA has told the owner of the Limetree Bay Refinery in the US Virgin Islands (USVI) that it may not resume operations unless it first obtains a new comprehensive Clean Air Permit.

ExxonMobil, Stabroek contractors have paid more than $700mn to Guyanese firms since 2015

ExxonMobil (US) and its contractors have paid more than $100mn per year on average to Guyanese suppliers since the announcement of its first crude oil find at Liza.

ANH head says Colombia’s government still deciding whether allow oil and gas deals

Colombia has not yet come to a final decision as to whether it would push forward with previously announced plans to block new oil and gas exploration deals.

LatAmOil: Suriname launches deepwater bidding round

Suriname’s national oil company Staatsolie officially launched a new licensing round covering deepwater acreage on the Demerara Plateau on November 8.