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?

Mexico’s oil production to rise by 45% by 2030, says government

8 April 2024

Meixico's Ministry of Energy forecasts a notable surge in oil production by 2030, projecting a substantial increase to 2.390mn barrels per day, marking a 44.6% rise from 2023 levels.

Decisive week ahead for Petrobras CEO’s permanence on post

8 April 2024

Brazil's government is considering candidates to potentially replace the CEO at the national oil company (NOC) Petrobras, Jean Paul Prates, in the coming days, although sources close to the state-run oil firm suggest his departure is not confirmed.

Mexican biofuels trade group urges Pemex to increase their use to decarbonise transport

8 April 2024

In addition to urging national oil company Pemex to embrace biofuels, the Mexican Biofuel Mobility Association has highlighted the importance of collaboration between the public and private sectors to develop infrastructure

Brazil's oil and gas reserves grow in 2023 to 15.9bn barrels

8 April 2024

Brazil posted sharply higher oil and gas reserves in 2023, with proven oil reserves up 6.98%, year on year, to 15.894bn barrels, according to the oil and gas regulator the ANP.

Mexico’s CFE, Engie sign $2bn agreement to expand Mayakan gas pipeline in Yucatan

8 April 2024

Mexico’s state-owned utility CFE and Energía Mayakan, a subsidiary of the Engie group, have entered into an agreement to expand the Mayakan gas pipeline in Mexico’s Yucatan Peninsula with an investment of $2bn.

Brazil’s Enauta Q1 output surpasses 2.3mn barrels of oil equivalent

8 April 2024

Enauta reported robust production figures for the first quarter of 2024, with total production exceeding 2.3mn barrels of oil equivalent.

Petronas to drill additional exploration well offshore Suriname

7 April 2024

Petronas Suriname E&P has decided to extend its contract with Noble Corporation for the Noble Voyager drillship to drill an additional well offshore Suriname.

Brazil's Federal audit calls for suspension of Petrobras-Unigel contract

5 April 2024

The technical area of Brazil's Federal Audit Court (TCU) has recommended the suspension of the contract between Petrobras and Unigel, citing irregularities that could result in significant losses.

Petrobras leads scientific expeditions in Equatorial Margin

5 April 2024

Brazil’s national oil company (NOC) Petrobras, the Geological Survey of Brazil (SGB) as well as several universities have started scientific expeditions in the Equatorial Margin region seeking for crude oil.

Petrobras rejects BW and Ocyan proposals, cancels Albacora FPSO tender

5 April 2024

Brazil’s national oil company (NOC) Petrobras has cancelled the tender for chartering a new Floating Production Storage and Offloading (FPSO) vessel for the Albacora field in the Campos Basin.

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.

Edited by

Newsbase staff

Editor

Any questions? Please get in touch