LatAmOil - Latin America Oil & Gas

PdVSA receives first condensate cargo since last September

Venezuela’s national oil company PdVSA has taken delivery of its first gas condensate cargo since September 2020 in spite of the US sanctions regime, which is designed to isolate the country’s petroleum industry.

US legislators urge Biden to examine Mexican energy policy

Twenty US legislators have urged President Joe Biden to take a closer look at the Mexican government’s approach to competition in the energy sector in light of the challenges faced by US companies working in Mexico.

LatAmOil: US legislators urge Biden to examine Mexican energy policy

Twenty US senators and representatives have urged President Joe Biden to take a closer look at the Mexican government’s energy policy in light of the challenges faced by US oil, gas and power companies working in Mexico.

What next for Atlantic LNG’s Train 1?

As Shell brings a new gas-bearing block on stream, shareholders in Atlanta LNG’s first production train are reportedly at odds over feedstock supplies and ownership structures.

Pemex subsidiary reportedly suspends new contracts with Trafigura

PMI Comercio International, a commercial trading subsidiary of Pemex, has put a freeze on new deals with Swiss-based Trafigura, the world’s largest independent commodity trader.

OFAC extends licence barring seizure of Citgo shares

The Office of Foreign Assets Control (OFAC), a division of the US Treasury Department, has extended the term of a licence that bars the seizure of shares in Citgo.

TPHL seeks expressions of interest in second attempt to sell Petrotrin refinery

Trinidad Petroleum Holdings Ltd (TPHL) has taken the first step towards making another attempt to sell the Petrotrin oil refinery in Point-a-Pierre.

CGX Energy says work on Berbice Deep Water Port is progressing on schedule

Canada’s CGX Energy says that work on the Berbice Deep Water Port (BDWP), which will support oil and gas projects in Guyana’s offshore zone, is proceeding on schedule.

CFE, WhiteWater Midstream spar over three gas contracts

Mexico’s national power provider has been sparring publicly with Whitewater Midstream, a US-based natural gas trader and pipeline operator, over three contracts signed in 2016 and 2017.

Staatsolie MD urges Guyana to support efforts to gather, share offshore seismic data

Annand Jagesar, the managing director of Suriname’s national oil company (NOC) Staatsolie, has urged Guyana to promote efforts to gather and share more seismic data from the Guyana-Suriname offshore basin.

EEPGL begins surveying route of GTP pipeline

EEPGL, an affiliate of the US-super-major ExxonMobil, was due to begin surveying the route of the pipeline that will pump associated gas from the Liza-1 and Liza-2 sections of the Stabroek offshore block to shore this week.

Advocate of greater state control over gas to become Peru’s new president

Peruvian election officials have proclaimed Pedro Castillo, the candidate of the leftist Peru Libre party, as the winner of the presidential run-off election held on June 6.

YPF, Vista aim to reduce emissions while developing Vaca Muerta

Representatives of the two main companies working in Argentina’s Vaca Muerta shale formation said last week that they were working to reduce their net CO2 emissions as they moved forward with upstream development projects.

BP sends first carbon-offset LNG cargo to ECA terminal in Mexico

BP (UK) has made its first carbon-offset delivery of LNG to the Energía Costa Azul (ECA) terminal in Mexico under a contract with two subsidiaries of US-based Sempra Energy.

LatAmOil: Carbon-offset LNG cargo arrives in Mexico

BP has made its first carbon-offset delivery of LNG to the Energía Costa Azul terminal in Mexico under a contract with two subsidiaries of US-based Sempra Energy.

Cartel compromise: OPEC+ members reach agreement

The consequences of AMLO’s energy policy

The Mexican president’s efforts to ensure that state-owned companies dominate the fuel and energy sector are putting pressure on downstream operators.

Enauta takes two wells offline at Atlanta

Brazilian independent Enauta Participações has taken two development wells offline at the Atlanta oilfield, leaving only one well in operation.

NFE launches Pichilingue LNG terminal

US-based New Fortress Energy (NFE) has brought a new LNG import terminal on stream in Pichilingue, a port at the southern tip of Baja California Sur State.

GlobalData sees Trinidad and Tobago’s gas output dropping after 2024

GlobalData, a UK-based data analytics and consulting company, has said it expects Trinidad and Tobago’s natural gas production to start declining after 2024.

US government authorises LPG shipments to Venezuela

The US government has slightly loosened the sanctions regime that restricts trade in Venezuelan crude oil and petroleum products to permit deliveries of LPG, which is widely used as cooking fuel in the South American country.

Limetree Bay Refining files for bankruptcy

Limetree Bay Refining, the owner of the Limetree Bay refinery near St Croix in the US Virgin Islands, has filed for bankruptcy.

Lasso unveils new oil policy

Guillermo Lasso, the president of Ecuador, has issued a decree with the aim of facilitating private investment in the country’s oil industry.

Colombia hopes new law will promote investment in hydrogen, alternative energy

Colombia’s government has signalled that it will promote investment in renewable energy and hydrogen production with the adoption of a new energy transition law.

PetroRio completes tie-back system establishing Polvo-TBMT cluster

PetroRio has become the first independent Brazilian company to establish a private cluster of mature oilfields in the Campos basin by completing work on a tie-back system connecting the Polvo and Tubarão Martelo sites.