LatAmOil - Latin America Oil & Gas

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Oil & Gas

Region: Latin America   Category: Oil & Gas Frequency: Every Tuesday

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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.

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Colombian government eyes pipeline tariff intervention

26 May 2020

The Colombian government is reportedly considering making cuts to oil pipeline tariffs, which private producers have criticised as being too high.

Shell starts drilling Saturn block offshore Brazil

26 May 2020

The Anglo-Dutch oil major Royal Dutch Shell has begun drilling at Saturn, a block in the Santos Basin offshore Brazil.

Mexican independent says gas sector is still attractive despite turmoil

26 May 2020

The head of an independent company believes that Mexico’s natural gas sector still offers new opportunities for investment, despite the ongoing turmoil in global energy markets.

Argentina’s new $45 domestic oil price gets mixed reception

26 May 2020

Argentina’s decision to establish a local crude oil reference price of $45 per barrel has been welcomed by the market, but some analysts fear that the move may leave the South American country unable to rebuild production quickly.

NRG: Signs of cautious optimism

26 May 2020

Producers and investors remain cautious, as the coronavirus pandemic continues to affect energy demand, but are starting to plan for the post-crisis period.

Brazil set to adopt new E27 gasoline specifications in August

21 May 2020

Brazil is gearing up for the introduction of new specifications for E27 gasoline on August 3.

Retail fuel association reports gasoline consumption down in Mexico

21 May 2020

Onexpo, a Mexican retail fuel association, reported last week that gasoline consumption had dropped significantly as a result of the measures introduced to contain the coronavirus pandemic.

Argentina’s artificial prices

21 May 2020

Buenos Aires has adopted a minimum reference price of $45 per barrel for Medanito crude, in a move that enjoys broad domestic support.

Premier Oil says Navitas remains keen on Sea Lion farm-in deal

21 May 2020

Premier Oil says Navitas Petroleum remains eager to farm into a Falkand Islands oil project.

Petrobras books impairment on E&P assets

19 May 2020

Petrobras has taken a BRL65.3bn ($11.4bn) impairment on its exploration and production assets, but it still insists that its results have not yet been affected by the coronavirus pandemic.

PdVSA partner said to have received at least two Venezuelan crude cargoes

19 May 2020

GPB Global Resources, a joint venture partner of Venezuela’s state oil company PdVSA, has reportedly received at least two cargoes of Venezuelan crude in recent months.

FBI reportedly probes foreign firms over Venezuelan oil trade allegations

19 May 2020

The FBI is reportedly probing several Mexican and European companies that are allegedly involved in trading oil from Venezuela.

Petrobras makes oil finds at Buzios, Albacora fields

19 May 2020

Petrobras has reported two new finds in the oil-rich pre-salt region, its core producing area.

NRG: A slow and painful recovery

19 May 2020

The market may be showing early signs of a recovery, but for many oil and gas companies, the worst is still to come

Petrobras says no more oil production cuts needed

19 May 2020

Petrobras has said it sees no need for more further short-term cuts in oil production, despite lower oil prices and the economic fallout from the coronavirus pandemic.

Signs of recovery in Latin America’s downstream sector

14 May 2020

Refineries in Argentina, Brazil and Colombia are seeing throughput levels rise.

Ecopetrol eyes new storage options

14 May 2020

Colombia’s national oil company (NOC) Ecopetrol has joined the ranks of businesses looking for new ways to respond to the global shortage of fuel storage capacity.

Storage tanks at Aruba refinery reportedly drawing strong interest

14 May 2020

Aruba’s offer to lease unused storage capacity at Refineria di Aruba (RdA), an oil-processing plant in San Nicolas, is reportedly drawing strong interest.

Nynas gets relief from US sanctions after PdVSA reduces its stake

14 May 2020

Venezuela’s national oil company (NOC) PdVSA has reduced its stake in Sweden’s Nynas from 50.1% to 15%.

Hess reports on development plans for Stabroek block

13 May 2020

US-based Hess has commented on plans for continuing the development of Stabroek, an oil-bearing block offshore Guyana.

Qatar Petroleum farms into three blocks offshore Mexico

13 May 2020

Qatar Petroleum has signed three farm-in agreements to acquire stakes in three blocks offshore Mexico from the French oil major Total.

Petrobras puts Marlim sale on hold amid pandemic

13 May 2020

Brazil’s state energy firm Petrobras has reportedly put the sale of the Marlim cluster of offshore sites on hold, owing to the coronavirus pandemic.

Ecuador to restart crude loadings after OCP pipeline fixed

13 May 2020

Ecuador is due to restart oil loadings this week, as the Heavy Crude Pipeline (OCP) has been repaired following damage last month.

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