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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Tula refinery reportedly back online
Mexico’s second-largest oil refinery has reportedly resumed regular commercial operations after being shut down for several weeks because of protests that blocked railway and road transport routes.
LatAmOil: Pemex’s Tula refinery back online
Mexico’s second-largest oil refinery has reportedly resumed regular commercial operations after being shut down for several weeks because of protests that blocked railway and road transport routes.
CGX, Frontera on track to finish Kawa-1 in December
CGX Energy and Frontera Energy are on track to complete the Kawa-1 exploration well at the Corentyne block offshore Guyana in schedule in December.
Sinopec to launch new drilling campaign at Sacha oilfield soon
Ecuador’s Minister of Energy and Non-Renewable Resources Juan Carlos Bermeo says Sinopec is gearing up to launch a new drilling programme at Sacha, a section of Block 60 in the north-eastern Orellana province.
UESL to build, install Zandolie platform under contract with DeNovo
DeNovo Energy Ltd of Trinidad and Tobago has awarded another local company, United Engineering Services Ltd (UESL), a contract for work on a drilling platform for Zandolie, an offshore natural gas field.
Meeting the need for gas
Colombia may be hard-pressed to focus on blue hydrogen projects, given that domestic gas demand is rising while production trends downward.
Japanese consortium sells 5% stake in Venezuela’s Carabobo Project 3
A consortium formed by three Japanese companies has sold its 5% stake in Venezuela’s Carabobo Project 3. Inpex, one of the consortium’s members, has said that the sale will allow it to quit the South American country.
Brazilian president mulls Petrobras privatisation
Brazilian President Jair Bolsonaro is considering privatising Petrobras, the national oil company, as gasoline prices continue to rise.
ExxonMobil submits EIA for Yellowtail
ExxonMobil has submitted documents to Guyana’s Environmental Protection Agency (EPA) outlining its plans for development of Yellowtail, an oilfield within the offshore Stabroek block.
Argentinian gas producers file four export requests in first half of October
Energy companies operating in Argentina have filed several more natural gas export requests, mostly of them concerning planned deliveries to Chile.
ANP delays new gas rules by up to a year
Brazil’s state-run oil and gas regulator, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), has delayed by up to one year updates to 10 key rules and regulations related to liberalisation of domestic natural gas markets.
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.
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