LatAmOil - Latin America Oil & Gas
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.
Fernando Villavicencio, a candidate in Ecuador's presidential election, says he will re-evaluate contracts with foreign oil and mining companies.
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.
Argentina’s YPF expects to see crude import volumes rise in the third quarter of this year.
Mexico's CNH says Shell (UK) and Chevron (US) are withdrawing from two deepwater blocks projects after conducting unsuccessful exploration programmes.
Brazil’s Petrobras has replaced its existing domestic pricing policy for gasoline and diesel, known as import parity, with a new commercial strategy.
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 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 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, the national oil company of Brazil, is carrying out a number of energy transition projects outside its home country.
Perenco (UK/France) had successfully completed hookup operations on the Pargo floating storage and off-loading vessel offshore Brazil.