LatAmOil - Latin America Oil & Gas

16 March 2023

Pemex CEO says company is exploring options for repayments of debts in 2023-2024

15 March 2023

Mexico’s Pemex is currently exploring options for repaying its heavy load of debts that are due to mature in 2023 and 2024, according to the firm’s CEO.

Hess CEO does not expect Guyana’s relinquishment demands to affect development work at Stabroek

15 March 2023

US-based Hess Corp. does not expect Guyana’s demand that ExxonMobil (US) relinquish 20% of the offshore Stabroek block to affect development operations.

Petrobras CEO meets Colombian energy minister to discuss bilateral co-operation

15 March 2023

Brazil’s Petrobras said its CEO Jean Paul Prates met with Colombia’s Minister of Mines and Energy Irene Vélez Torres at the CERAWeek conference in Houston on March 9.

Ecopetrol dismisses proposal for re-opening gas pipeline to Venezuela

15 March 2023

Felipe Bayon, the CEO of Colombia’s Ecopetrol, has dismissed proposals for re-opening and reversing the flow of a dormant cross-border natural gas pipeline to Venezuela.

YPF, Petronas hope to make FID on Argentina GNL project next year

15 March 2023

Argentina’s YPF and Malaysia's Petronas expect to make a final investment decision on a natural gas and LNG project in 2024.

Petrobras gears up for Equatorial Margin exploration campaign, Rystad Energy notes

15 March 2023

Brazil's Petrobras aims to replicate Guyana’s success at the Stabroek block by unlocking its Equatorial Margin with an exploration campaign beginning this year, says Rystad Energy.

Five European majors file injunction against Brazilian government’s new oil export tax

14 March 2023

Five European majors have raised objections to the Brazilian government’s decision to impose a temporary tax on oil exports, filing an injunction in a bid to halt the policy change.

Guyana mulls another bidding round

14 March 2023

Guyana’s Vice President Bharrat Jagdeo revealed last week that his country might carry out another offshore licensing round as early as next year.

Pemex seeks to overhaul ESG policy as it hunts for additional financing

9 March 2023

Pemex is looking to overhaul its existing ESG policies as it seeks financing from major international banks.

Mexico increases imports of US-produced MTBE in 2022

9 March 2023

Mexico increased the amount of MTBE imported from US producers last year, thereby increasing its reliance on its northern neighbour for octane enhancement programmes.