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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Iranian ships bring more fuel to Venezuela
Three tankers filled with Iranian petroleum products have arrived in Venezuela during the last week, bringing desperately needed supplies to the South American country.
Italy’s Iveco to supply 100 CNG-fuelled trucks to Argentina
The Italian manufacturing firm Iveco, an affiliate of the US-Italian CNH Industrial group, has won a contract to deliver 100 CNG-powered trucks powered to NRG Argentina, a supplier to the oil and gas industry.
Argentina, Brazil press ahead with talks on $1.2bn gas pipeline
Argentina has held another round of discussions with Brazil on plans for the construction of a pipeline to transport gas from unconventional fields in the Vaca Muerta shale formation to southern Brazil.
NRG: Oil enters choppy waters
Total sees oil demand peaking in 2030
Ups and downs as OPEC+ levels broadly maintained
Local content in Brazil
Brazil began phasing in local content requirements for the oil and gas sector in 1997 but has revised its expectations somewhat in the last few years.
Ecopetrol launches new bidding round
Colombia’s national oil company (NOC) Ecopetrol confirmed on September 30 that it had begun a new round of auctions for nine upstream sites.
US prosecutors charge ex-Vitol employee in connection with Brazil’s Car Wash probe
US prosecutors have charged a former US employee of Vitol, a Swiss energy trading group, with bribery as part of Brazil’s long-running Lava Jato (“Car Wash”) corruption investigation.
Echo Energy mulls micro-LNG project in Argentina
US-based Echo Energy is looking into the possibility of launching a micro-LNG initiative in Argentina.
PetroTal brings Bretaña oilfield back online
Canada’s PetroTal has resumed oil production at the Bretaña oilfield in Peru’s Loreto department.
Mexico may reverse energy liberalisation, president says
Mexican President Andres Manuel Lopez Obrador has said that his administration may reverse the energy reform programme that his predecessor enacted less than a decade ago.
CNOOC to resume exploration at offshore block in northern Gulf of Mexico
China National Offshore Oil Corp. (CNOOC) intends to resume exploration activities offshore Mexico after a hiatus of several months.
Guyana extends oil marketing tender deadline, citing pandemic
The deadline for the submission of proposals for marketing the Guyanese government’s share of oil production has been extended to September 29, owing to complications related to the coronavirus (COVID-19) pandemic.
Ecuador will allow private companies to import, sell fuels
The government of Ecuador has unveiled a market-oriented reform programme that will allow privately owned companies to import and sell some fuels.
NRG: The blue-green future
Energy consumers and producers are evaluating how the arrival of hydrogen as a mainstream source of fuel will affect their environmental, political and financial goals.
BP shares tumble to 25-year low as investors doubt clean energy strategy
Fitch affirms Promigas ratings
US-based Fitch Ratings said last week that it had affirmed the credit ratings of Promigas, a Colombian natural gas transporter, and reported that its outlook for the company was stable.
Venezuela and Iran take the next step
The latest tankers to bring Iranian fuel to Venezuela are also handling the latter country’s crude exports.
Ecuador to call tender for Esmeraldas refinery in December
Ecuador’s Ministry of Energy and Non-Renewable Resources will call a tender for the right to operate the Esmeraldas refinery in late December.
Canada’s Crystallex asks US court to set date for PDVH stock sale
Crystallex, a Canadian mining firm, has asked a judge in the US federal court system to set a date for the sale of shares in Citgo's parent company PdV Holding (PDVH), a US-based affiliate of Venezuela’s national oil company (NOC) PdVSA.
Hague court backs Chevron in $9.5bn Ecuador case
The District Court of The Hague has backed US supermajor Chevron in its dispute with Ecuador’s government over alleged environmental damage in the Amazon region.
Venezuela’s chief prosecutor says US citizen sought to sabotage oil facilities
Venezuela’s chief prosecutor has said that a US citizen who was recently arrested in the country has been charged in an alleged terrorist plot involving oil refineries.
Pemex predicts 70% drop in Maya crude exports
Mexico’s state-run oil and gas company Pemex has predicted that exports of Maya, its flagship heavy crude grade, will drop by 70% over the next few years.
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