LatAmOil - Latin America Oil & Gas
Disagreements between Brazilian producers and consumers over gas composition standards highlight unexpected costs of eliminating Petrobras’ monopoly status.
Challenger Energy has identified three high-potential prospects in AREA OFF-1 offshore Uruguay and says the block may hold up to 1-2bn boe.
Germany’s Wintershall Dea has made a major oil find in the Kan exploration prospect at Block 30 in Mexico’s Sureste basin.
The US government has doubled down on its decision to keep economic sanctions against Venezuela in place, despite calls from several Latin American leaders to loosen trade restrictions.
Argentina’s YPF will invest $6-7bn in midstream projects to boost crude oil exports from the Vaca Muerta shale play.
ExxonMobil has made a new find at Lancetfish, a field within the Stabroek block offshore Guyana.
Brazil’s Petrobras has entered into a partnership with Shell (UK) and the Centre for Integrated Manufacturing and Technology (SENAI CIMATEC), a technology incubator in Salvador.
Guyana’s Vice President Bharrat Jagdeo says his country rejected India’s request for a discount on crude oil purchases during recent trade discussions.
ExxonMobil expects to use 200 tonnes of locally fabricated steel for its fourth floating production, storage and off-loading (FPSO) vessel in Guyana.
Mexico’s oil production has stabilised since 2019 after 20 years of decline, the US Energy Information Administration (EIA) said in a note last week.
Eni has secured authorisation from Mexico’s CNH for the drilling of the Tlazotli-1EXP exploration well in the Cuenca Salina section of the Sureste basin.
The final price tag for Mexico's acquisition of 12 gas-fired power plants and a wind farm from the Spanish energy company Iberdrola will be subject to verification by the state.
Venezuela’s national oil company PdVSA has recently added at least three new companies to the list of approved buyers of its petroleum coke.
Since Guyana's new PSA model fixes signature bonuses, analyst suggests that IOCs make their offers stand out by offering local content programmes.
Australia’s Karoon Energy expects crude oil production at the Baúna and Patola fields offshore Brazil to remain suspended until May.