LatAmOil - Latin America Oil & Gas

15 June 2023

Trinidad to restart idled Atlantic LNG unit by 2027

14 June 2023

Trinidad and Tobago has revealed it plans to restart Atlantic LNG’s idled liquefaction train one. Latin America’s top LNG exporter hopes to have the unit restarted by the end of the first quarter of 2027, Reuters reported on June 7.

ICC arbitrators rule in favour of Ecopetrol’s Reficar subsidiary in case against CB&I

14 June 2023

A subsidiary of Colombia’s Ecopetrol will receive a settlement of over $1bn, as the ICC has ruled in its favour in an arbitration case against a contractor.

Young reaffirms T&T’s commitment to oil and gas

14 June 2023

Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young has responded to criticism of fossil fuels by reaffirming support for continued development of hydrocarbon resources.

Iran, Venezuela oil contract details

14 June 2023

On June 13, Iran and Venezuela signed three oil contracts for the reconstruction and renovation of petrochemical sites, the development of the Jose oil terminal, and the export and equipping of five gas pressure boosting stations.

Pemex raises gas flaring volumes at Ixachi despite previous pledges

14 June 2023

Mexico’s national oil company Pemex has increased the volume of natural gas burned off at the Ixachi field despite its previous pledges to reduce flaring.

Wei-1BP1 well reaches TD at Corentyne block

14 June 2023

Canada’s CGX Energy says Wei-1BP1, its bypass exploration and appraisal well at the Corentyne block offshore Guyana, has successfully reached the total depth of 6,233 metres.

Russia’s Novatek reported to have offered LNG technology to Argentina

14 June 2023

Russia's Novatek reportedly offered to make technology available for an LNG project targeting fields in Argentina’s Vaca Muerta shale formation, but did not manage to strike a deal.

Petrobras may reconsider bidding for Guyanese assets

9 June 2023

Brazilian NOC may reverse earlier decision in light of IBAMA’s disappointing decision on Equatorial Margin drilling and Georgetown’s determined efforts to court investment.