LatAmOil - Latin America Oil & Gas

9 March 2023

Petrobras standing on the cusp of change

8 March 2023

Brazil’s Petrobras is set to start following a different course with respect to dividends, privatisation, fiscal policy and support for government policy under the Lula administration.

Hostages freed after protesters stage raid on Sinochem’s Capella A oilfield

8 March 2023

Protesters seeking to draw attention to the poor state of roads in Colombia raided Sinochem's Capella A oilfield last week, taking more than 80 police officers and oil workers hostage.

Brazil’s oil and gas production rises above 4mn boepd in January

8 March 2023

Brazil’s hydrocarbon production climbed to 4.175mn barrels of oil equivalent per day in January 2023, according to official ANP data.

Petroperu to restart oil production at Block 192

8 March 2023

Peru’s national oil company Petroperu has signed an agreement that will allow it to resume crude oil production at Block 192, one of the country’s biggest hydrocarbon-bearing licence areas.

APA head confident in hydrocarbon potential of Block 58 offshore Suriname

7 March 2023

John Christmann, the head of US-based APA Corp., has expressed his confidence in the hydrocarbon potential of Block 58 offshore Suriname, despite questions about when the block's operator might take an FID.

Petronas, YPF sign initial land lease deal on LNG project with Bahia Blanca port authority

7 March 2023

Malaysia’s Petronas and Argentina's YPF have signed an initial land lease deal with the port of Bahia Blanca, a move that will allow them to move forward with a major LNG export project.

Petrobras says LNG imports fell sharply in 2022

7 March 2023

Brazil’s national oil company Petrobras has announced that its LNG imports dropped sharply in 2022, sinking by 74% on the previous year.

Venezuela’s use of imported US naphtha rising as shipments of Iranian condensate decline

7 March 2023

Venezuela has become increasingly dependent on naphtha imported from the US as a diluent for heavy crude oil as condensate shipments from have declined.

Global energy sector emissions reach new high in 2022

5 March 2023

Global energy-related CO2 emissions reached a new record in 2022 of 36.8bn tonnes, inching up 0.9% from the previous year’s level, the International Energy Agency reported last week.