Mexico’s National Hydrocarbons Commission (CNH) has launched the tender process to find a partner for state-run Pemex’s second deepwater farm-out.
Petrobras intends to sell 90% of its stake in the Transportadora Associada de Gas (TAG) pipeline company as part of its US$21 billion divestment schedule over the next two years.
ExxonMobil is seeking a 35-year production licence for a shale gas block in the Vaca Muerta play in Argentina.
Tecpetrol is stepping up the pace of development at a block in Argentina’s Vaca Muerta shale play, with expectations of surpassing 10 mcm per day of natural gas production coming earlier than...
Argentina’s state-run energy company YPF said last week that a joint project it is developing with Royal Dutch Shell had been approved. The green light enables the companies to push forward with...
The western Argentina province of Mendoza has taken seven oil and natural gas blocks back under state control after the developers did not invest enough money in exploration work.
Brazilian oil company OGX and its holding company OGPar have completed bankruptcy and restructuring proceedings, marking another turn in one of Brazil’s most compelling corporate oil narratives....
Ecuador has agreed a payment plan with US oil services firm Schlumberger and has also agreed to renegotiate two of the firm’s contracts.
Argentina’s government is targeting French investment in the energy sector after reaching an agreement to settle a lawsuit with Total, France’s biggest energy company.
The sale increases the Norwegian company’s stake in the block, called BM-S-8 and consisting of a good part of the Carcara oil discovery, to 76%.
State-run Petrobras is reportedly negotiating a partnership with state-owned China National Petroleum Corp. (CNPC) to finish a major oil refinery project near Rio de Janeiro that has been stalled...
Geneva-based oil and fuels trader Mercuria Energy Group has entered talks to take over Andes Energia, a small company with significant acreage in Argentina.
Argentina has secured US$150 million in financing for expanding its natural gas transport capacity, a key for handling rising production from unconventional plays like Vaca Muerta.
The central province of Entre Rios has become the first in Argentina to ban hydraulic fracturing.
Chevron has agreed to sell its Trinidad and Tobago assets to Royal Dutch Shell in a deal worth approximately US$250 million.