Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
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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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Well blockage forces Australia’s Karoon Energy to lower oil output forecast for Brazil
Mexico, Venezuela mull joint hydrocarbon projects
Petrobras mulls sustainable aviation fuel production
Petrobras aims to acquire Jaspe block off Rio de Janeiro
Trinidad and Tobago explores new natural gas deals with Venezuela amidst declining supply
Trinidad and Tobago is poised to strike additional agreements with Venezuela to bolster its natural gas reserves following a recent licence granting access to a former oil giant field.
ExxonMobil shifts sights to natgas production in Guyana
Following Guyana’s emergence as a global crude oil exporter, ExxonMobil is looking to delve into the nation’s extensive natural gas reserves. The focus is particularly on the eastern part of the Exxon-operated Stabroek Block offshore Guyana.
Petronas calls for incentives to boost Suriname's oil and gas sector
Malaysian energy firm Petronas has called on the government of Suriname to offer enhanced incentives to attract energy companies for oil and gas development in the country.
Costa Rica mulls ending RECOPE monopoly for fuel competition
US court greenlights creditors' $21bn claims on Venezuela's Citgo at upcoming auction
Petronas advocates for enhanced incentives in Suriname's oil and gas sector
Zamri Baseri, the head of Malaysia's Petronas in Suriname, has suggested that Suriname should provide increased incentives to energy companies involved in oil and gas developments
Brazil-Russia oil trade up 106% in December
Guyana expects $2.4bn in oil revenue in 2024 amid rising output
The government of Guyana is expecting the country to rake in $3.2bn in oil profits this year, along with an additional $320mn from royalties. This is a rise from the $1.4bn in profits and $218mn in royalties earned in 2023.
Guyana's Natural Resource Fund hits $1.6bn in 2023, sparking government budget review
Guyana's Natural Resource Fund (NRF) has earned a combined $1.6bn in royalties and profit oil revenues for 2023, Finance Minister Ashni Singh confirmed. This comes as the government seeks to fit the bill for its 2024 budget.
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