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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Petrobras capital reserves earmarked for dividends, CFO says
Brazil’s state-owned energy major, Petrobras, has clarified that the capital reserve it plans to establish will be solely dedicated to paying dividends, according to the firm’s CFO, Sergio Caetano.
Brazil’s congressional debate on future fuel bill overlooking key aspects, business groups say
Brazil’s congress is to debate the federal government's draft Future Fuel Bill, aimed at accelerating the energy transition. Business groups say some key issues in the energy sector have been overlooked in the text.
Brazil advocates ethanol as a viable marine fuel
The movement to promote ethanol as a marine fuel is gaining momentum in the Brazilian energy sector, coinciding with shipowners' growing efforts to identify practical pathways for decarbonizing maritime navigation.
Citgo auction sale begins in Delaware with slim hopes for Venezuela to retain control
Petrobras begins wind measuring tests with unprecedented technology
Petrobras has initiated a round of wind-energy measurements along the coast of Rio Grande do Norte using the upgraded Bravo remote offshore wind assessment buoy, known as version 2.0.
Abu Dhabi’s Mubadala acquires 10% of Brazil's Atvos Bioenergia, a sugar and ethanol producer
Mubadala Capital, the investment arm of Abu Dhabi's sovereign wealth fund, has acquired a 10% stake in Atvos Bioenergia, the holding company that controls a prominent sugar and ethanol producer in Brazil.
In Brazil, BP Bunge’s ethanol gets green certification for sustainable aviation fuel
BP Bunge Bioenergia has been awarded the International Sustainability and Carbon Certification Corsia for its sugarcane-based ethanol meeting international standards for the production of sustainable aviation fuel.
Latest M&A deal for US major will impact South America
Chevron, which is already active in Venezuela and Suriname, is set to enter Guyana as a result of acquiring Hess in an all-stock transaction worth $53bn.
Trinidadian workers rush to compete for Guyana oil-and-gas jobs
More than a thousand Trinidadian workers appeared at a job fair with Pass Tech Ltd in Corinth, San Fernando recently, looking to seize career opportunities in Guyana’s booming oil and gas sectors.
Peruvian president grants state-run Petroperu two-year control of Talara refinery lots I and VI
US likely to win case against Mexico’s energy policies, trade group says
The US is likely to win its case against Mexico's energy policies in the arbitration panel set up within the North American USMCA free-trade agreement, according to an executive at a trade group.
Mexico’s regulator says 500 oil-rich areas could be allocated via auction
Mexico’s oil-and-gas regulator has identified approximately 1,000 areas with significant oil potential, with half of them already allocated but nearly 500 have yet to be allocated. They could be included in future bidding rounds.
TotalEnergies of France makes natural gas discovery in Brazil's Campos Basin
France’s energy major, TotalEnergies, has reported its second hydrocarbon discovery in block C-M-541, located in the pre-salt region of Brazil’s Campos and Santos Basin.
Petrobras’ pre-salt natural gas processing hit record high
Brazil’s state-owned energy major Petrobras’ natural gas processing units in Caraguatatuba and Cabiunas achieved a new record in processing pre-salt gas from the Santos Basin in September.
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