LatAmOil - Latin America Oil & Gas

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Oil & Gas

Region: Latin America   Category: Oil & Gas Frequency: Every Tuesday

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Overview

LatAmOil provides oil and gas Insight and Foresight from Mexico and Central America to the Caribbean and South America. From the heavyweight producers such as Brazil to emerging frontiers like Guyana, LatAmOil informs you of what is going on and why through commentary, exclsuive interviews, news and analysis. In such a notoriously challenging environment, in-depth and accurate information makes every difference in vital decision making and strategy – LatAmOil brings this directly to your inbox every week.

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GNA starts work on second TPP at Açu Gas Hub

2 February 2022

Gas Natural Açu (GNA), the joint venture that is carrying out Latin America’s largest LNG-to-power project, has begun building GNA-II, its second natural gas-fired power plant at the Açu Gas Hub complex in Brazil.

LatAmOil: Peru bars Repsol from unloading oil at La Pampilla

2 February 2022

Peru’s Environment Minister Ruben Ramirez has said Repsol (Spain) will not be permitted to unload oil for its La Pampilla refinery until it can provide adequate technical guarantees with respect to its ability to handle spills.

Hess COO says preparations at Payara 66% finished

31 January 2022

ExxonMobil (US) and its partners in the Stabroek offshore block have reportedly finished about 66% of all preparations for commercial operations at Payara, the third oilfield slated for development at the Guyanese licence area.

Petrobras, Novonor suspend plan to sell Braskem shares

31 January 2022

Brazil’s national oil company Petrobras and NSP Investimentos (Novonor), formerly known as Odebrecht, have decided against selling most of their holdings in Braskem, a locally based petrochemical producer.

Federal questions emerge as Brazil’s gas liberalisation proceeds

28 January 2022

The ANP has comes out swinging in favour of guarding the Brazilian federal government’s prerogatives with respect to gas distribution rules.

Guyana receives 12 bids for power plant, NGL facility under GTP project

28 January 2022

Guyana has received 12 bids for a contract covering the construction of both a natural gas-fired thermal power plant and a natural gas liquids plant.

Argentina reports oil production up in December

28 January 2022

Argentina extracted a total of 559,000 barrels per day of oil in December 2021, pushing monthly output up to the highest level recorded in the last nine years.

YPFB says it cannot uphold gas supply commitments to Argentina this winter

28 January 2022

YPFB, the national oil company of Bolivia, has said it will not be able to uphold its gas supply commitments to neighbouring Argentina during the upcoming heating season.

Enauta set to buy second FPSO for Atlanta

28 January 2022

Enauta Participações has struck a deal on the purchase of a floating production, storage and off-loading (FPSO) unit for its Definitive System project at the Atlanta oilfield in the Santos basin offshore Brazil.

Trinidad and Tobago reports progress in talks on Atlantic LNG restructuring

28 January 2022

Trinidad and Tobago’s Ministry of Energy and Energy Industries says it is moving closer to a deal with BP and Shell on the restructuring of Atlantic LNG.

Perupetro to offer up to seven mature Talara basin oil blocks to investors

28 January 2022

Peru has announced plans to offer as many as seven blocks in the Talara basin to investors in June of this year.

Jagdeo says Guyana will use oil revenues to fund budget expenses for the first time in 2022

28 January 2022

Bharrat Jagdeo, the vice-president of Guyana, said last week that the government intended to use oil revenues to help fund budget spending for the first time this year.

GeoPark finds oil and gas in Jandaya-1 well in Ecuador

28 January 2022

GeoPark (Canada) revealed earlier this week that it had made its first hydrocarbon discovery at Perico, a block within the Oriente basin in Ecuador.

Shell confirms sale of Deer Park refinery stake to Pemex

28 January 2022

Shell Oil Co. confirmed last week that it had transferred its stake in the Deer Park refinery in Texas to PMI Norteamerica, a subsidiary of Mexico’s national oil company Pemex.

Nahle denies reports of delays and cost overruns at Dos Bocas refinery

28 January 2022

Mexican Energy Minister Rocio Nahle has denied reports that the national oil company Pemex is running over budget and behind schedule on the construction of the Dos Bocas refinery in Tabasco State.

LatAmOil: Nahle offers reassurances on Dos Bocas refinery

26 January 2022

Mexican Energy Minister Rocio Nahle has denied reports that the national oil company (NOC) Pemex is running over budget and behind schedule on the construction of the Dos Bocas refinery in Tabasco state.

Biden administration taking new approach to Mexican energy policy

21 January 2022

Washington speaks up in favour of US energy companies seeking to enter Mexico – but for renewables, not for oil and gas.

Chile’s CEN to seek extra diesel for power generation this winter

21 January 2022

Chile’s power grid co-ordinator is reportedly looking to source extra diesel fuel for use at small-scale power generation facilities between March and September of this year.

Panama Canal reports LNG transits down 30% year on year in December 2021

21 January 2022

LNG transits via the Panama Canal decreased by 30% year on year in December 2021, according to data from the Panama Canal Authority (PCA).

New Stratus finalises acquisition of Blocks 16 and 67 from Repsol

21 January 2022

New Stratus Energy (Canada) has completed its acquisition of minority stakes in two heavy crude oil blocks in Ecuador’s eastern Orellana province from Repsol (Spain).

Petro expands on plan for phasing out oil exploration and fossil fuels

20 January 2022

Gustavo Petro, a former mayor of Bogotá who remains the leading candidate in Colombia’s presidential race, has expanded upon his former proposals for moving the country away from an economic model based on fossil fuels.

Wintershall to quit projects in Brazil, Argentina

20 January 2022

Wintershall Dea (Germany) has announced plans to unload assets in Brazil and Argentina this week.

Petrobras meets 2021 production targets

20 January 2022

Brazil’s national oil company Petrobras indicated last week that it had slightly exceeded its production targets by around 4% in 2021.

Guyana committed to open bidding process for Block C, minister says

20 January 2022

Guyana is determined to offer Block C, one of its last remaining deepwater licence areas, to potential investors through an open bidding process, Natural Resources Minister Vickram Bharrat has said.

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