LatAmOil - Latin America Oil & Gas

Category
Oil & Gas

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

Looking for more LatAmOil articles? Or would you like to find out more about the publication? Keep reading.

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.

LatAmOil is fully digital publication and can be read in PDF or online.

Try it out

The majority of our premium content is ONLY available to our subscribers.

If you would like to try LatAmOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required. 

Simply fill in the form at the bottom of this page and we will send you your first copy of LatAmOil

Need more convincing?

Suriname eyes options for cross-border gas development

4 April 2024

Suriname is eyeing options for cooperation with Guyana on cross-border gas development.

Biden administration leans away from reimposing sanctions on Venezuelan oil industry

3 April 2024

US President Joe Biden's administration is signalling a departure from the Trump-era policy of imposing harsh sanctions on Venezuela's oil industry, despite President Nicolás Maduro's renewed crackdown on the opposition.

Chevron-PDVSA joint venture launches new drilling drive in Venezuela

3 April 2024

Petroindependencia, a joint venture between Venezuelan national oil company PDVSA and US oil behemoth Chevron, has initiated a fresh drilling campaign, as disclosed by PDVSA in a statement on April 1.

Oil firms favour operator-owned FPSOs in Guyana amid fabrication yard delays

3 April 2024

A recent report by Rystad Energy indicated a shift towards operator-owned Floating Production Storage and Offloading (FPSOs) in Guyana, particularly among financially robust exploration and production firms to combat rising fabrication yard lead time

MODEC and SBM Offshore compete for Suriname's first FPSO contract

3 April 2024

MODEC and SBM Offshore are competing to secure an engineering, procurement and construction award from TotalEnergies to build Suriname’s first floating production, storage and offloading vessel.

ExxonMobil and CNOOC merge arbitration claims against Chevron over Guyana Stabroek Block stake

3 April 2024

ExxonMobil and China National Offshore Oil Corporation have merged their arbitration claims against Chevron Corporation, challenging the latter’s claim over Hess Corporation’s stake in the Stabroek Block offshore Guyana.

Pertamina secures 20-year contract extension for Urdaneta West Field block in Venezuela

3 April 2024

PT Pertamina Hulu Energi has achieved a breakthrough with the extension of a contract for the Urdaneta West Field Block in Venezuela

Guyana President Ali defends oil sector in environmental spat in heated BBC interview

2 April 2024

Guyana’s President Dr Irfaan Ali defended his nation’s oil sector on the question of environmental impact during a heated interview with BBC journalist Stephen Sackur.

Argentina and Brazil mull reversing Bolivian gas pipeline flow amid regional shortfall

1 April 2024

Amidst a regional gas deficit that could impact Brazil's fuel supply, energy companies from Argentina and Brazil have initiated discussions on reversing the flow of a Bolivian natural gas pipeline network.

Trader Trafigura to pay $127mn fine after pleading guilty to oil bribery in Brazil

1 April 2024

Trafigura Group has pleaded guilty to participating in a decade-long bribery scheme in Brazil, marking a significant development in ongoing investigations into corruption within the commodity trading industry.

Venezuelan opposition backs new candidate potentially influencing US sanctions relief

31 March 2024

Last week, several Venezuelan opposition parties threw their support behind a fresh contender, 80-year-old historian Corina Yoris, to challenge President Nicolás Maduro in the forthcoming presidential election.

Constellation’s sales, earnings shoot up in 2023

28 March 2024

Offshore crude oil drilling services providers Constellation’s sales rose to $552mn in 2023, up 36% year on year, while its earnings before interest, taxes, depreciation, and amortisation rose by 176% to $185m.

Pemex pursues favourable financing rates with sustainability plan

28 March 2024

Mexico's national oil company Pemex is implementing a sustainability plan aimed at accessing financing at more favourable rates by committing to emission reduction targets and environmental stewardship.

Carlos Slim’s Grupo Carso expands energy footprint despite Mexico’s restrictions

28 March 2024

Despite restrictions on private sector investment imposed by Mexican President Andrés Manuel López Obrador, Grupo Carso, helmed by billionaire Carlos Slim, has significantly expanded its presence in the oil and natural gas sector in recent years.

Guyanese government reviewing expressions of interest to monetise gas assets

28 March 2024

The government of Guyana is exploring avenues to monetise the country's gas assets. Through the Ministry of Natural Resources, the government is reviewing Expressions of Interest to identify potential partners.

Colombia’s Canacol cash shortfall sparks bonds sell-off

28 March 2024

Investors in Canacol Energy are facing mounting concerns as the Colombian natural gas producer grapples with dwindling liquidity and weak production volumes, triggering a major selloff in the company's bonds.

Lindsayca working with Guyana to advance MoU for refinery and oil exploration

28 March 2024

Chairman Hector Fuentes of Lindsayca confirmed his company's cooperation with Guyana and the Dominican Republic's oil sectors as part of the United Caribbean Energy consortium.

UN in Costa Rica urges congressional support for oil exploration ban bill

28 March 2024

The United Nations office in Costa Rica has dispatched a letter urging lawmakers to endorse a bill aiming to declare the country free of oil exploration and exploitation.

Petrobras to install two wind turbines by 2029 using R&D funds

28 March 2024

Brazil’s national oil company Petrobras plans to install two offshore wind turbines off the coast of Rio Grande do Norte and Rio de Janeiro by 2029, as part of research and development (R&D) initiatives aimed at testing offshore wind energy.

Russian diesel tankers stranded off Brazil's coast amid sanctions-induced bottlenecks

28 March 2024

Tankers laden with millions of barrels of Russian diesel find themselves adrift along Brazil's coastline, highlighting the latest snag in Moscow's energy exports amidst tightening Western sanctions.

Guyana to introduce oil spill legislation to boost good governance

28 March 2024

The government of Guyana is set to introduce legislation to parliament later this year addressing oil spills, thereby bolstering good governance in the fast-growing oil industry.

Indian buyers cease Venezuelan oil imports ahead of US sanctions deadline

28 March 2024

Major Indian purchasers of Venezuelan oil, including Mukesh Ambani’s Reliance Industries Ltd., have ceased their acquisitions from the OPEC producer prior to the expiration of the US sanctions waiver in mid-April.

TotalEnergies sees no viable path for two offshore Suriname discoveries

27 March 2024

Suriname’s national oil company Staatsolie has confirmed that TotalEnergies does not foresee pathways to the viable development of its Maka and Kwaskwasi discoveries located in Block 58.

Edited by

Newsbase staff

Editor

Any questions? Please get in touch