LatAmOil - Latin America Oil & Gas

HDF begins building green hydrogen complex in French Guiana

Hydrogene de France Energy, known as HDF, has begun work on a green hydrogen project in French Guiana.

Venezuela reportedly gearing up to send heavy crude to Iran

Venezuela was reportedly preparing to send about 2mn barrels of heavy crude oil to Iran within the framework of a crude-for condensate swap as of October 16.

LatAmOil: TotalEnergies will not flare gas from Block 58

Patrick Pouyanné, the CEO of France’s TotalEnergies, has said that his company will not flare any of the associated gas contained within its oilfields offshore Suriname.

A tale of two protests

Demonstrations near the sites of two refineries highlight the problems facing Mexico’s downstream sector.

Brazil fails to award most promising offshore sites in licensing round

Brazil’s first licensing round since the advent of the coronavirus (COVID-19) pandemic proved less successful than anticipated last week.

Marine service provider says Guyana blocks could yield 15bn boe

The Stabroek block offshore Guyana, together with the adjacent Canje and Kaieteur blocks, could yield around 15bn boe as exploration campaigns ramp up, according to marine vessel service provider Bourbon Guyana.

Melbana reports new “zone of interest” in Alameda-1 well

Australia’s Melbana Energy said earlier this week that it had encountered another “zone of interest” while drilling the Alameda-1 exploration well at the Block 9 licence area onshore Cuba.

Cataback data seen helping ExxonMobil choose another development target

The US super-major ExxonMobil appears to be giving serious consideration to including Cataback, its latest oil discovery at the Stabroek field offshore Guyana, in a future development project.

TotalEnergies CEO says Block 58 gas will not be flared

Patrick Pouyanné, the CEO of France’s TotalEnergies, has said that his company will not flare any of the associated gas contained within its oilfields offshore Suriname.

GNA JV to start building new gas-fired TPP

Gas Natural Açu (GNA), a joint venture formed to execute Latin America’s largest LNG-to-power project, is set to start construction of a new thermal power plant later this month.

Chevron subsidiary signs PSC with Staatsolie for Block 5

Staatsolie, the national oil company of Suriname, has struck an agreement with Chevron (US) for Block 5, one of the eight blocks included in the country’s Shallow Offshore (SHO) bidding round.

Trinity hails Port of Spain’s position on energy tax reform

UK-based Trinity Exploration & Production has responded positively to the Budget Statement released earlier this month by the government of Trinidad and Tobago.

ONP pipeline flows halted by indigenous protest

A group of indigenous Peruvians took over the facilities of Pump Station #5 along the Northern Oil Pipeline (ONP) last week, in an act that forced the national oil company Petroperu, the owner of ONP, to halt crude shipments.

OPEC+ output up but still well short

LatAmOil: Indigenous protest halts ONP pipeline flows

A group of indigenous Peruvians took over the facilities of Pump Station #5 along the Northern Oil Pipeline (ONP) last week in an act that forced the national oil company Petroperu, the owner of ONP, to halt crude shipments.

Tenaris exec highlights Argentina’s opportunities in gas development

Javier Martinez Alvarez, Tenaris’ president for the Southern Cone region, said earlier this week that Argentina had a wide range of opportunities for developing its natural and unconventional gas reserves.

Trinidad and Tobago to hold three bidding rounds in 2022

Trinidad and Tobago’s Finance Minister Colm Imbert said earlier this week that Port of Spain hoped to launch multiple licensing rounds for onshore and offshore exploration prospects next year.

Castillo reorganises Cabinet shortly after PM urges higher taxes for gas investors

Questions have arisen about the fate of the Camisea fields, Peru’s largest domestic source of natural gas, following a shake-up in the administration of President Pedro Castillo.

CNOOC on track to acquire another 5% of Búzios

State-owned China National Offshore Oil Corp. (CNOOC) looks set to proceed with its plan to acquire an additional 5% stake in Búzios, one of the four oilfields located within Brazil's Transfer of Rights (TOR) area.

Petrobras reportedly leaning towards PetroRio in Albacora tender but may split fields

Brazil’s national oil company Petrobras has reportedly named a consortium headed by PetroRio, an independent Brazilian firm, as the winner of a bidding contest for the Albacora and Albacora Leste offshore oilfields.

AMLO blasts financial markets’ response to Pemex debt plan

Mexican President Andres Manuel Lopez Obrador has complained about financial markets’ response to his plans for paying off debts owed by the national oil company Pemex.

Melbana reports additional oil shows in Alameda-1 well

Australia’s Melbana Energy has continued to encounter oil shows in Alameda-1, the exploration well it is drilling at the Block 9 licence area onshore Cuba.

ExxonMobil makes new find at Cataback-1

ExxonMobil (US) has made a discovery in Cataback-1, an exploration well drilled at the Stabroek block offshore Guyana.

Venezuela in oil-for-condensate swap deal with Iran

Venezuela’s national oil company (NOC) PdVSA has struck a deal with its Iranian counterpart on a contract that will enable it to acquire supplies of gas condensate.

Colombia’s hydrogen ambitions

The South American country has published its Hydrogen Roadmap, which covers the 2021-2050 period.