LatAmOil - Latin America Oil & Gas

23 June 2023

Venezuela selects three projects to promote gas development, report says

22 June 2023

Venezuela is looking to accelerate development of the country’s natural gas industry and has identified three projects as the best means of achieving this goal.

Woodside makes FID on ultra-deepwater Trion project

22 June 2023

Australia’s Woodside Energy has taken a final investment decision to proceed with development of Trion, an ultra-deepwater field located off the coast of the Mexican state of Tamaulipas.

Argentina launches President Nestor Kirchner Gas Pipeline

22 June 2023

Argentina hit a milestone on June 20 as it began loading natural gas into a new pipeline built to handle production from the Vaca Muerta shale formation.

Colombia’s finance minister says no immediate halt to oil, coal exports

22 June 2023

Colombia’s Finance Minister Ricardo Bonilla says the country will continue extracting fossil fuels for an extended period of time, until it could establish reliable alternative sources of revenue.

Bank analysts more upbeat on Petrobras share price projections as Lula clarifies policy agenda

22 June 2023

Several major global banks have upgraded share price projections for Brazil’s Petrobras after concluding that the Lula administration is not likely to alienate investors as much as some observers feared.

Uruguay outlines green hydrogen ambitions

21 June 2023

Uruguayan President Luis Lacalle Pou says his government intended to invest a total of $4bn in renewable energy and green hydrogen projects.

Pemex reports petroleum product imports down in April

21 June 2023

Mexico’s national oil company Pemex saw imports of petroleum products – including gasoline, diesel and jet fuel – decline in April.

Petroperu negotiating with new oil suppliers for Talara refinery

21 June 2023

Peru’s national oil company Petroperu is negotiating with crude producers in the Americas and Asia on new crude supply contracts for the Talara refinery.

YPFB identifies Vitiacua as gas exploration target

20 June 2023

Bolivia’s YPFB has identified a significant exploration opportunity in the Vitiacua region of the country, which may hold as much as 2 trillion cubic feet (56.6bn cubic metres) of natural gas.

China’s Bomesc to provide topsides integration services for FPSO Errea Wittu

20 June 2023

Bomesc Offshore Engineering, a Chinese marine engineering equipment supplier, has agreed to provide topsides integration services for the Errea Wittu, the FPSO vessel that will support the Uaru development project offshore Guyana.

Lindsayca/CH4 JV begins drawing up vendor and supplier list for GTE project

15 June 2023

The US-based Lindsayca/CH4 (LNDCH4) joint venture has officially launched the initial phase of its vendor and supplier identification process for Guyana’s GTE project.

Equinor exec says company hopes to boost Brazilian output more than five-fold in next 10 years

15 June 2023

Norway’s Equinor is looking to boost its output in Brazil significantly over the next 10 years and will also focus on green energy initiatives, particularly offshore wind power, in that country.

Pemex reveals additional details of Zama development plan

15 June 2023

Mexico’s national oil company Pemex has made additional details of its plan for development of the Zama oilfield available to the public.

Iran, Venezuela sign petrochemical deal

15 June 2023

Iran and Venezuela signed a memorandum of understanding on Monday to increase co-operation in the petrochemical sector, improving an already close relationship in oil.