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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Former Petroecuador trade head alleges bribery by global commodity giants in New York trial
Mexico Pacific inks additional long-term sales and purchase deal with ExxonMobil
LNG developer Mexico Pacific agreed with US oil major ExxonMobil to an additional long-term sales and purchase agreement on January 16 for a further 1.2mn tonnes per year of LNG from its Saguaro Energia project.
NewsBase: Climate-fuelled shipping bottleneck in Panama compounds impact of Red Sea troubles
The climate-fuelled shipping bottleneck at the Panama Canal is compounding the impact of security problems in the Red Sea.
Venezuelan opposition-led PDV navigates talks with Citgo creditors amidst looming US auction risks
New jacket and topsides en route to Fenix gas project offshore Argentina
Italian engineering firm Rosetti Marino has completed the construction of a jacket and topside for the Fenix wellhead platform, being used in TotalEnergies’ Fenix gas development project off the coast of Tierra del Fuego in southern Argentina.
Guyana seeks partners for building country's gas infrastructure
Guyana’s Ministry of Natural Resources has released a request for proposals in search of companies to support the design, construction, finance and operation of the nation’s gas infrastructure.
Mexico, Air Liquide in dispute after Pemex facility takeover
Deer Park refinery in Texas is a bright spot for Pemex
China’s CNOOC starts up Mero2 pre-salt oilfields project
Enauta restores production from third well offshore Brazilian field
Brazil’s oil and gas player Enauta has restarted production from an additional well at an offshore field in Brazil after technical glitches
US fuel exports to Mexico to fall after Pemex’s New Dos Bocas refinery start up
Mexico state-owned energy major Pemex’s new Dos Bocas refinery is expected to significantly reduce the country's gasoline and diesel imports later this year
Petrobras concludes Carmopolis Cluster divestment
Petrobras has received the final installment from Carmo Energy for the purchase of its Carmopolis Cluster
Brazil’s Prumo Logistica to invest 15bn reals in large-scale green hydrogen hub
Prumo Logistica is to invest 15bn reals in the next ten years, with green hydrogen a key focus of the investment
Certification challenges persist in Brazilian RNG market
The certification market for Renewable Natural Gas in Brazil is still evolving, facing challenges with international standards under construction and unclear domestic demand
Brazil’s aims to make natural gas driver for reindustrialisation
Brazil is aiming to leverage natural gas as a key driver for its reindustrialisation efforts in 2024 through the Gas for Jobs programme initiated by President Luiz Ignacio Lula da Silva's administration in 2023.
Brazil’s oil, gas output to grow in 2024 but regulatory uncertainty dents confidence
Brazil is anticipated to sustain its momentum in enhancing oil and natural gas production in 2024 due to the ongoing development of offshore fields, S&P Global Commodity Insights reported on January 5.
TotalEnergies, APA drilled 14 wells before wins in Suriname's Block 58, says Staatsolie
Suriname’s state-owned oil company Staatsolie revealed that TotalEnergies and APA Corporation drilled 14 wells in Suriname’s offshore Block 58 before striking oil at the Sapakara South and Krabdagu discoveries.
Prosperity FPSO background flare realised in record 39 days
The Prosperity FPSO, currently in use in the Payara project offshore Guyana, has achieved background flare in a record 39 days, ExxonMobil Guyana confirmed.
Brazil’s regulator grants approval for installation of FPSO Almirante Alexandre de Gusmao in Mero Field
Brazil’s environmental regulator Ibama has granted approval for the installation of a new floating production, storage and offloading (FPSO) vessel in the Mero field within the Santos Basin, Brazil Energy Insight reported on January 8.
Mexico’s Pemex and PDVSA strengthen ties amidst Venezuelan oil market rebound
Executives from Mexican state-owned oil company Pemex engaged in a meeting on January 5 in Caracas with representatives from PDVSA, marking a significant development following their initial discussions in Mexico City two weeks earlier.
Venezuela denounces US Supreme Court decision on Citgo auction
Venezuela's government rebuffed the recent acceptance by the US Supreme Court for ten additional creditors to partake in the proceeds distribution arising from the auction of Citgo shares, the US-based subsidiary of the state-owned PDVSA.
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