LatAmOil - Latin America Oil & Gas
T&T still holding out hope for progress in talks with Venezuela
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.
Trendsetter Engineering to supply equipment for Guyana’s GTE 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.
Grupo Carso unit secures minority stake in Talos Energy’s Mexican subsidiary
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.
Petrobras seeks to increase competitiveness by offering wider range of gas contracts
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.
Pemex boosts capex budget for 2023
Mexico’s national oil company Pemex has unveiled its plans for a significant increase in its upstream capital expenditure budget for 2023.
Argentina tightens restrictions on oil importers’ access to forex amid US dollar shortage
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.
Ecopetrol, Repsol discover oil in Tinamú-1 well at CPO 9 block
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 to monitor cost overruns more closely at Stabroek project
Guyana's government will monitor the Stabroek oil project more closely for cost overruns.
IADB report: Oil sector supporting private sector growth in Guyana
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 supplies Croatia’s Krk terminal with LNG cargo
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 considering whether to award more oil and gas exploration contracts, trade minister says
Colombia is considering whether to award more exploration contracts following a report showing that crude oil and natural gas reserves are declining.
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