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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Venezuelan opposition leader’s US envoy to probe alleged oil resales
Venezuelan opposition leader Juan Guaido’s US envoy has said he will investigate the possibility that Cuba is reselling some of the crude oil and refined fuels that it buys from Venezuela on favourable terms.
NRG: Beyond oil
Curaçao’s plans for restarting the Isla refinery fizzle
RdK, the state-owned company that operates Curaçao’s Isla refinery, has reported that talks with Klesch Group have collapsed.
Wärtsilä to build fuel-switching power plant in USVI
Finland’s Wärtsilä is set to help the US Virgin Islands (USVI) move forward with plans to increase the use of LPG as a fuel for electricity generation.
Ecopetrol makes upward revision to capital investment budget for 2020
Colombia’s national oil company (NOC) Ecopetrol has raised its capital investment budget for 2020.
Okra Energy subsidiary to deliver LNG to Mexico’s Énestas
A subsidiary of US-based Okra Energy has announced plans to deliver LNG to a customer in Mexico.
Petrobras completes stake sale of oilfield cluster to Trident
Brazil’s state-run oil and gas major Petrobras has completed the sale of a stake in Polos de Pampo e Enchova, a cluster of 10 offshore oilfields, to the independent company Trident Energy do Brasil.
Brazil increases crude oil exports by 36.8% in first half of 2020
Brazil increased its exports of crude oil by 36.8% year on year in the first six months of 2020, according to government foreign trade data.
Petrobras halts aviation gasoline imports
Brazil’s state-run oil firm Petrobras has stopped importing aviation gasoline (avgas) as a preventative measure, following tests on a batch flagged for potential problems.
Argentina’s oil production plunges to lowest level in 20 years
Argentina has reported that crude oil production plunged to its lowest level in 20 years in May.
Former Pemex boss extradited from Spain to face corruption charges
Emilio Lozoya, the former head of Mexico’s state oil and gas major Pemex, has been extradited from Spain to face allegations of corruption related to bribery at a Brazilian construction firm.
NRG: A global mixed bag
The global pandemic is beginning to sort the weak from the strong, with some oil and gas projects receiving continued support despite the downturn while others are being labelled “wait and see”
Guyana’s electoral dilemma
As ExxonMobil brings production back on stream at Liza, the US government is taking steps to penalise Guyanese officials involved in stalling the electoral process.
GeoPark seeks to withdraw from Morona block in Peru
GeoPark has announced plans to withdraw from the Morona block in Peru.
Pandemic having disproportionate impact on Brazil’s offshore oil workers
The coronavirus (COVID-19) pandemic appears to be having a disproportionate impact on offshore oil and gas personnel in Brazil.
Petrobras pre-qualifies international, local companies to bid for Bahia LNG lease
Brazil’s national oil company (NOC) Petrobras has pre-qualified 10 companies to participate in a bidding contest for the right to lease the underutilised Bahia LNG terminal, along with an associated pipeline.
Pemex, US-led consortium ordered to unitise Zama oilfield
Mexico’s state oil company Pemex and a US-led private consortium have been told they must establish a joint development plan for the Zama oil discovery in the Gulf of Mexico.
ANP to resume offers of open access to Gasbol pipeline
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) is preparing to offer open access to the Bolivia-Brazil gas pipeline (Gasbol) once again.
IOCs said to be mulling bids for Brazil’s offshore Golfinho cluster
As Brazil’s national oil company (NOC) Petrobras moves forward with plans to sell the Golfinho cluster, it is on track to receive bids from several international oil companies (IOCs), including Norway's BW Offshore and DBO Energy.
US oil imports from Mexico surge to 8-year high
The volume of crude oil imported from Mexico into the US jumped to its highest level in more than eight years in early June.
Argentina looking to revive plans for expansion of gas pipelines
Argentina’s natural gas regulator Enargas is taking steps to revive a pipeline expansion programme that has been on hold.
NRG: Deep and wide – coverage round the world
What next for US-Mexico energy relations?
As a new free trade agreement takes effect in North America, some industry observers remain concerned about Mexico’s willingness to remove obstacles to US investors.
Sonangol makes advance payment to Melbana Energy for Cuban project
Australia’s Melbana Energy is moving closer to finalising an agreement that will allow Sonangol, the national oil company (NOC) of Angola, to join an upstream project in Cuba.
Aruba seeking new operator for San Nicolas refinery
The government of Aruba has confirmed that the search for a new operator for the San Nicolas refinery, a 235,000 barrel per day plant formerly owned by Valero, is underway.
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