LatAmOil - Latin America Oil & Gas
The fate of YPF, Argentina's state-owned oil company, under President-elect Javier Milei
The day after the election, Argentine President-elect Javier Milei reiterated his promise to privatise certain state-owned companies, including the national oil company. So what's next for YPF?
Petronas and Suriname government discuss potential offshore project
A delegation from Malaysian energy company Petronas recently entered into discussion with the government of Suriname to discuss a potential project at its offshore Block 52.
Venezuela’s PDVSA eyes sale of 1mn barrels of Corocoro crude amid eased sanctions
Venezuela's state-controlled oil firm, PDVSA, is reportedly exploring the sale of approximately 1mn barrels of Corocoro crude with the assistance of an intermediary. This potential transaction could mark the first sale of this grade in two years.
Eco Atlantic hunting for new partners following acquisition of Orinduik Block stake
Eco (Atlantic) Oil & Gas is on the search for new partners after expanding its interest in the Orinduik Block offshore Guyana. The company will hold a combined 75% operating interest.
Mexico human rights commission demands compensation for victims after LPG pipeline explosion
Mexico’s National Human Rights Commission (CNDH) has requested compensation from Pemex and the Puebla authorities for the victims of an explosion caused by an illegal connection to an LPG pipeline that affected 265 residents in 2021.
Murphy Sur starts process to terminate Mexico’s Salina Basin crude oil block
Murphy Sur has formally requested Mexico’s regulator the National Hydrocarbons Commission (CNH) to commence the early termination process for a designated offshore oil block in the Salina Basin.
Petrobras aims to transition to renewable hydrogen in refineries
Brazil’s state-owned energy major Petrobras is actively considering a shift from conventional fossil hydrogen to renewable hydrogen in its refining processes, according to William Franca, the company's executive officer for Industrial Processes.
Mexico's auditor ASF says payments worth more than $3.5mn in Pemex’s Tula refinery need clarification.
The Superior Audit of the Federation has unearthed financial irregularities in the operations of Pemex’s Tula Refinery, with MXP61mn ($3.48mn) of payments which need clarification.
Mexico’s regulator greenlights Diavaz's 2024 work programme for Ebano Field
Mexico's energy regulator the CNH has approved the work program and budget presented by DS Servicios Petroleros, a subsidiary of Diavaz, for the development plan of hydrocarbon extraction under contract CNH-M4-EBANO/2018.
MODEC announces first steel cut for Guyana-bound FPSO
FPSO leasing firm MODEC announced on 16 November that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China.
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