LatAmOil - Latin America Oil & Gas
Pimco, a US-based investment management firm, is limiting exposure to Mexico’s Pemex out of concern that government support for the company will not outlast the current government.
Brazil’s Federal Court of Accounts (TCU) says it has found no evidence of irregularities in the recent sale of two downstream units, SIX and LUBNOR, by Petrobras.
Chevron is expected to see oil production rise in Venezuela following the launch of an upstream campaign involving its joint ventures with PdVSA.
Venezuela is likely to issue export licences in June to Eni and Repsol, which would grant the European companies the right to transport from the country, Venezuela’s Oil Minister Pedro Tellechea told Bloomberg on May 13.
Guyana’s government comes out swinging in defence of its position on insurance coverage against offshore spills and environmental incidents.
Oaktree Capital Management, a US-based investment firm, is considering an offer for Brazil’s Ocyan, a marine services provider that supports offshore oil and gas projects.
Mexico's Pemex is currently engaged in advanced discussions on the purchase of a fuel import and storage terminal from its US-based owner Monterra Energy.
Brazil’s Petrobras is edging closer to revamping its domestic pricing policy for gasoline and diesel.
Excelerate Energy's Excelsior FSRU has begun LNG import operations on a seasonal basis at the Bahia Blanca GasPort terminal in Argentina.
Ricardo Roa, the CEO of Colombia’s Ecopetrol, hopes that his country’s government will not go through with plans to block new oil and gas exploration projects.
Kanfer Shipping and CB Fenton have invited Melones Oil Terminal to join a JV that will be the first provider of LNG bunkering services on the Pacific side of the Panama Canal.