Argentina’s YPF aims to move into full development on two more blocks in the Vaca Muerta this year.
Frontera Energy said normal operations at the Nor Peruano oil pipeline in Peru are expected to resume at the end of August.
Bolivia is positioning itself to negotiate new rates for natural gas deliveries to Argentina.
Frontera Energy has cancelled a contract with Colombian logistics firm Cenit to transport crude oil through the bomb-hit Cano Limon-Covenas pipeline.
The highest court in Ecuador has upheld a US$9.5 billion damages award against US super-major Chevron over pollution in the Amazon.
Trafigura is struggling to bring its 30,000-bpd oil refinery, the fifth largest in Argentina, back on line as workers protest plans to reduce the workforce.
Russia’s Zarubezhneft is reportedly in discussions with Ecuador’s government about developing oil and gas projects in the South American country.
Leading figures in Colombia’s oil industry are calling on President-elect Ivan Duque to take swift action to lure investment and boost reserves.
Argentine Energy Minister Juan Jose Aranguren was unexpectedly sacked last week and has been replaced by Javier Iguacel, a young oil engineer and rising political star.
Frontera Energy has temporarily halted operations at its Block 192 concession in Peru’s Amazonian region of Loreto.
Argentina’s Energy Ministry last week brokered a deal between oil producers and refiners to limit increases in diesel and gasoline prices.
On May 29 Brazil entered the ninth day of a nationwide truckers’ strike that has strangled the country’s economy.
Efforts to reboot Ecuador’s ambitious 300,000 bpd Pacific Refinery project might struggle, given changes in the fundamentals of the global market for petroleum products.
ExxonMobil, Royal Dutch Shell and BP are on a list of 16 companies that have registered to bid in Brazil’s fourth pre-salt bid round on June 7.