LatAmOil - Latin America Oil & Gas
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.
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.
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.
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.
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.
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 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.
Iran’s Raisi pursuing solidarity of the sanctioned and trade deals on tour of Venezuela, Cuba and Nicaragua
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.