LatAmOil - Latin America Oil & Gas

18 May 2023

Pimco explains decision to limit exposure to Pemex securities

17 May 2023

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 finds no irregularities in LUBNOR, SIX sales

17 May 2023

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 aims to boost oil production in Venezuela

17 May 2023

Chevron is expected to see oil production rise in Venezuela following the launch of an upstream campaign involving its joint ventures with PdVSA.

Venezuela set to issue Eni and Repsol LNG export licences

17 May 2023

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.

Scuffle over Stabroek oil spill insurance continues

17 May 2023

Guyana’s government comes out swinging in defence of its position on insurance coverage against offshore spills and environmental incidents.

Second US-based investment firm considering offer for Brazil’s Ocyan

16 May 2023

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.

Pemex reportedly in advanced talks on purchase of Monterra Energy’s Tuxpan terminal

16 May 2023

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.

Petrobras moving towards overhaul of domestic fuel pricing policy

16 May 2023

Brazil’s Petrobras is edging closer to revamping its domestic pricing policy for gasoline and diesel.

Excelsior FSRU begins operating at Bahia Blanca GasPort terminal in Argentina

16 May 2023

Excelerate Energy's Excelsior FSRU has begun LNG import operations on a seasonal basis at the Bahia Blanca GasPort terminal in Argentina.

Ecopetrol CEO changes course, expresses hope for new exploration deals

16 May 2023

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.

LNG bunkering JV gains momentum in Panama

16 May 2023

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.