LatAmOil - Latin America Oil & Gas
T&T and Venezuela are reportedly gearing up for more talks in mid-June, but a wide-ranging corruption probe may draw Venezuela’s attention away from the Dragon gas project.
Texas-based Trendsetter Engineering has agreed to supply equipment to a subsidiary of the US super-major ExxonMobil for the gas-to-energy (GTE) project in Guyana.
A subsidiary of Mexico's Grupo Carso is set to acquire a stake the Zama oilfield through the purchase of a 49.9% share in US-based Talos Energy's Mexico unit.
Brazil's Petrobras has said it will expand the range of benchmarks used in natural gas contracts and extend the lengths of some contracts as part of an effort to remain competitive.
Mexico’s national oil company Pemex has unveiled its plans for a significant increase in its upstream capital expenditure budget for 2023.
In response to a severe scarcity of dollars, the Argentine government is reportedly preparing to tighten access to the foreign exchange market for oil companies that rely on imports.
Colombia’s national oil company Ecopetrol and its Spanish partner Repsol have jointly announced the discovery of crude oil in Tinamú-1 in the Llanos basin.
Guyana's government will monitor the Stabroek oil project more closely for cost overruns.
Guyana’s oil sector provided significant support for the growth of the private sector, partly because of FDI but also because of high government spending on infrastructure, says an IADB report.
Trinidad and Tobago’s Atlantic LNG facility located in Point Fortin has supplied Croatia’s floating storage and regasification unit-based (FSRU) Krk terminal with an LNG cargo, LNGPrime reports.
Colombia is considering whether to award more exploration contracts following a report showing that crude oil and natural gas reserves are declining.