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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Guyana VP rejects notion of sending Guyanese oil to Trinidad in regional energy security push
Guyanese Vice President Dr Bharrat Jagdeo has dismissed suggestions of sending a portion of the country's oil to Trinidad and Tobago for processing as part of a larger goal of securing regional energy security.
Guyanese crude debuts on Platts MOC process
Guyana’s crude made its debut in the Platts Market-on-Close (MOC) assessment process, marking a milestone in the country’s burgeoning oil industry.
Mexico’s Tamaulipas state, Geostock sign deal for gas storage system
ExxonMobil mulls standalone gas project in 2029
ExxonMobil Guyana's President, Alistair Routledge, has indicated that gas production in the Stabroek block might become a reality by 2029 or 2030, according to a recent Reuters report.
Pemex faces criticism over tax relief amid Supreme Court's call for asymmetric regulation
Mexico’s state-owned energy major Pemex is under scrutiny as it receives criticism over a tax relief program while the Supreme Court orders the reinstatement of asymmetric regulation to promote competition in the national fuel market.
Costa Rica debating legislation to ban oil and gas exploration
Costa Rica's Environmental Commission of the Legislative Assembly passed a bill on February 20 aimed at prohibiting the exploration and exploitation of gas and oil within the country
Dril-Quip awarded contract for Woodside Trion development offshore Mexico
Offshore drilling solutions provider Dril-Quip has been selected to provide subsea wellhead systems for the Woodside Trion development offshore Mexico, Energy-pedia News reported on February 26
Guyana's Gas-to-Energy project to spark larger gas development, ExxonMobil executive says
Guyana's strategic focus is increasingly turning towards its vast natural gas potential, marking a significant shift in the country's energy landscape, the Corporation's Upstream President, Liam Mallon noted.
Guyana VP stresses importance of clear regulation to drive oil sector growth
Guyana's Vice President, Bharrat Jagdeo, emphasised the criticality of maintaining a steady and transparent approach towards international oil companies to bolster the nation's burgeoning oil and gas industry.
Guyana's Gas-to-Energy project to deliver first power by H1 2025
During the Guyana Energy Conference and Supply Chain Expo, Government Consultant Winston Brassington asserted that the nation will harness reliable power from its gas-to-energy initiative by the first half of 2025.
Venezuela's PDVSA bonds plunge as New York court ruling casts doubt on validity
State-controlled Petroleos de Venezuela SA bonds plunged following a ruling by New York State's highest court that Venezuelan law will govern the validity of the debt.
IATA discusses with Brazil cabinet high aviation costs
Russia and Venezuela pledge closer ties in oil and gas, nuclear energy collaboration
Russian Foreign Minister Sergei Lavrov and his Venezuelan counterpart, Yvan Gil, affirmed their commitment to enhancing cooperation in oil and gas production and exploring the peaceful use of nuclear energy during a meeting in Caracas on February 20.
Petrobras returns Três Marias Block to ANP
Brazil’s state-owned energy major Petrobras, has opted to relinquish control of the Três Marias block, located in the pre-salt region of the Santos Basin, off the coast of Rio de Janeiro.
FPSO Bacalhau reaches milestone with topsides installation
Equinor, the Norwegian energy company, has achieved a significant milestone with the completion of the topside installation of the free-floating production storage and offloading platform Bacalhau.
Petrobras seeks partner to share management of Braskem
TotalEnergies looking to replicate Guyana cost-saving measures in Suriname's Block 58
TotalEnergies is looking to learn from ExxonMobil’s cost-saving operations in the Stabroek Block offshore Guyana as it charts its course in Suriname's oil-rich Block 58.
Guyana VP insists nation is not liable in any way for oil spill disaster off Tobago
Guyanese Vice President Dr Bharrat Jagdeo insisted that Guyana holds no liability over the recent oil spill off Tobago's coast, dismissing claims suggesting the spill originated from vessels en route to Guyana.
Return of US sanctions on Venezuelan oil unlikely to impact Gulf Coast petroleum coke quality
Concerns mount over the potential reinstatement of US sanctions on Venezuelan oil as a result of continuing political repression from the administration of President Nicolas Maduro
Ali touts Guyana’s potential to become regional gas hub
Guyana has the potential to become a natural gas powerhouse, according to President Irfaan Ali.
ExxonMobil executive praises GTE project’s approach to safety and environment
Liam Mallon, the president of ExxonMobil Global Upstream, said on February 19 that he had high expectations for his company’s Gas-to-Energy project in Guyana.
Yergin hails Guyana’s approach to attracting oil and gas investments
In the fiercely competitive arena for investments in the global oil and gas industry, Guyana is making a name for itself as a beacon of stability and progress, said S&P vice chairman Daniel Yergin.
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