LatAmOil - Latin America Oil & Gas

16 December 2022

Pemex seeking renewal of state coverage for debt amortisations, CEO says

15 December 2022

Mexico’s national oil company Pemex is seeking renewed state support for payment of its debt amortisations, the head of the firm said on December 14.

Guyana begins accepting bids in deepwater licensing round

15 December 2022

Guyana’s President Irfaan Ali formally marked the opening of the country’s first deepwater offshore bidding round on December 9.

Peru’s new president appoints energy minister

15 December 2022

Oscar Vera, a chemical engineer, has been appointed to serve as Peru’s new energy and mines minister following the ouster of President Pedro Castillo earlier this month.

Guyana signs EPC contract with CH4/Lindsayca for onshore GTE facilities

15 December 2022

Guyana has signed an EPC contract with CH4/Lindsayca (US) for the onshore component of the Gas-to-Energy project.

Payara project to boost ExxonMobil’s capex in 2023

15 December 2022

Plans for accelerating the development of the Payara oilfield offshore Guyana will push ExxonMobil's capex budget into the higher end of the predicted range of $20-25bn in 2023.

Petrobras authorised to move ahead on several Santos basin projects

15 December 2022

IBAMA, the Brazilian federal environmental agency, has given the national oil company Petrobras permission to move forward with operations related to the planned launch of two FPSOs in the Santos basin.

Peru LNG reports exports down in November

14 December 2022

Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes decline month on month in November.

Bolivia reports on gas sales, revenues in 11M 2022

14 December 2022

Bolivia’s national oil company YPFB saw natural gas sales volumes average 40.4mn cubic metres per day and earned $3.1899bn from gas sales in the first 11 months of the year.

LatAmOil: Stabroek partner to buy $750mn in carbon credits from Guyana

14 December 2022

US-based Hess, a minority shareholder in the offshore Stabroek block, has signed an agreement with the government of Guyana on the purchase of 37.5mn carbon credits between 2022 and 2032.

ANP: Brazil’s oil and gas output hit another record high in October

9 December 2022

Brazil’s hydrocarbon production hit 4.18mn barrels of oil equivalent per day in October 2022, according to data released last week by the ANP.

Guyana in carbon credit agreement with Hess

9 December 2022

Hess Corp. has agreed to buy $750mn worth of TREES credits in a deal that has the potential to make the Stabroek project carbon-neutral.

Trinidad and Tobago releases green hydrogen roadmap

9 December 2022

Trinidad and Tobago intends to become a leader in the global energy transition by investing in hydrogen production technology.

SENER documents show Mexico attempted to block publication of stricter gas-flaring laws

9 December 2022

Mexico’s Secretariat of Energy (SENER) attempted to block the publication of stricter rules on natural gas flaring earlier this year.

Atlantic LNG shareholders strike deal on shareholder reorganisation

9 December 2022

Partners in Atlantic LNG have finally reached an agreement on the reorganisation of ownership structures in the facility’s production trains after four years of negotiations.

Petrobras CEO to step down

9 December 2022

Caio Mário Paes de Andrade, the CEO of Brazil’s national oil company Petrobras, will step down from his position to take another job in the near future.

Bank of Guyana says NRF’s balance is nearing $1.4bn

9 December 2022

The Bank of Guyana (BoG) has said that the country’s Natural Resource Fund (NRF) reported a balance equivalent to nearly $1.4bn as of the end of November 2022.