LatAmOil - Latin America Oil & Gas
Lula’s dilemma in Foz do Amazonas
While Lula sees Petrobras’ plans for the Equatorial Margin as a means of fostering economic development in north-eastern Brazil, part of his administration is blocking exploration efforts.
New candidate for Ecuadorean presidency says he is ready to re-evaluate oil and gas contracts
Fernando Villavicencio, a candidate in Ecuador's presidential election, says he will re-evaluate contracts with foreign oil and mining companies.
Guyana’s government authorises creation of dedicated oil and gas audit agency
Guyana's government has authorised the creation of a dedicated oil and gas audit agency to ensure effective oversight of expenses related to the development of the Stabroek offshore block.
YPF sees oil imports rising in Q3 2023
Argentina’s YPF expects to see crude import volumes rise in the third quarter of this year.
Shell, Chevron exit two Cuenca Salina blocks
Mexico's CNH says Shell (UK) and Chevron (US) are withdrawing from two deepwater blocks projects after conducting unsuccessful exploration programmes.
Petrobras eliminates import parity pricing for domestic fuel sales
Brazil’s Petrobras has replaced its existing domestic pricing policy for gasoline and diesel, known as import parity, with a new commercial strategy.
CCS Brasil director says country could earn up to $20bn per year from carbon capture and storage
Isabela Morbach, the co-founder and director of CCS Brasil, said last week that Brazil had the potential to earn as much as $20bn per year from carbon capture and storage (CCS) projects.
Argentina to reverse flow of pipeline used to import gas from Bolivia
Argentina is reportedly set to solicit bids for reversing the flow of the pipeline that it has been using to import natural gas from Bolivia.
Guyana’s VP confirms decision not to require separate EIA for GTE project’s power plant
Guyana's EAB upholds the decision of the country's EPA not to require a separate environmental study for a power station that will be built within the framework of the $1.8bn gas-to-energy project.
Petrobras investing in energy transition projects outside Brazil
Petrobras, the national oil company of Brazil, is carrying out a number of energy transition projects outside its home country.
Perenco completes hookup operations for Pargo FSO
Perenco (UK/France) had successfully completed hookup operations on the Pargo floating storage and off-loading vessel offshore Brazil.
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