LatAmOil - Latin America Oil & Gas

EU mulls importing gas from Argentina

The EU is looking at potentially buying natural gas from Argentina in the future, in anticipation of the South American country’s planned expansion in domestic production that is expected to transform it from a net gas importer to exporter.

Mexico Pacific, CFE establish alliance to ensure gas deliveries to Saguaro LNG

Houston-based Mexico Pacific Ltd has struck a long-term deal on gas deliveries with CFE, Mexico’s national electricity provider.

China seen importing more Brazilian crude in Q3 2023

Sinopec and other major Chinese refinery operators are on track to increase their imports of Brazilian crude oil by more than 35% in Q3 2023.

Prates says Petrobras will keep investment levels steady in 2024-2028

Brazil’s national oil company Petrobras is likely to keep overall investment levels steady in its next five-year business plan, which covers the 2024-2028 period.

Pemex establishes new main data centre in bid to improve cybersecurity posture

Mexico’s national oil company Pemex has established a new main data centre in Mexico City, in a bid to improve its cybersecurity stance in the face of mounting cyber threats.

PdVSA’s suspension of Maroil contract disrupting Venezuelan petcoke trade

The suspension of the contract between Venezuela’s national oil company PdVSA and Geneva-based Maroil Trading has led to significant disruptions in the petroleum coke trade.

CNH appears increasingly reluctant to fine Pemex for environmental, procedural violations

Mexico's CNH has waived at least three fines that it had previously decided to impose on the national oil company Pemex.

Fire at Nohoch-A seen bringing Pemex’s production down by 100,000 bpd until early August

Pemex will see oil production levels drop by around 100,000 bpd up until the end of July because of the fire that broke out at an offshore platform on July 7.

Vista Energy reports positive results from two fracked test wells at Águila Mora block

Argentina’s Vista Energy has reported positive results for the AM-1011h and AM-1012h test wells at the Águila Mora block in Neuquén Province.

Australia’s Woodside Energy returns TTDAA-5 offshore block to Trinidad and Tobago

Australia’s Woodside Energy has decided to return the deepwater TTDAA Block 5 block to the government of Trinidad and Tobago.

LatAmOil: Suriname eyes cooperation with Trinidad and Tobago on gas

Argentina launches first phase of President Nestor Kirchner Gas Pipeline

Argentina launched the first phase of the President Néstor Kirchner Gas Pipeline (GPNK) at a ceremony held on July 9.

Brazil’s oil and gas production rises slightly in May

Brazil’s hydrocarbon production climbed slightly in May 2023, reaching 4.11mn boepd.