LatAmOil Top Story archive

22 May 2018, Week 20, Issue 714

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.

15 May 2018, Week 19, Issue 713

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.

08 May 2018, Week 18, Issue 712

Phoenix Global Resources is expanding its footprint in the Vaca Muerta shale play in Argentina.

01 May 2018, Week 17, Issue 711

Peru and Bolivia have begun discussing plans for a transcontinental transport corridor that would connect the Atlantic and Pacific coasts of central South America. 

24 April 2018, Week 16, Issue 710

Argentina’s government last week held firm against calls from opposition leaders to lessen or stall increases in natural gas tariffs, saying it would press ahead with the changes.

17 April 2018, Week 15, Issue 710

Brazil’s National Petroleum Agency (ANP) has approved new local content rules for the country’s oil industry. 

10 April 2018, Week 14, Issue 708

Colombia hopes its first auction for new hydrocarbon acreage since 2014 will help bolster the country’s stagnant reserves and production and promote foreign investment as...

03 April 2018, Week 13 Issue 707

Frontera Energy plans to double its investments in Colombia and Peru during 2018, with the Canada-based oil and gas producer tapping a new CEO to lead an extensive drilling campaign.

27 March 2018, Week 12, Issue 706

Peruvian President Pedro Pablo Kuczynski resigned last week in the face of looming impeachment proceedings over his alleged corrupt dealings with Brazilian construction firm Odebrecht.

20 March 2018, Week 11, Issue 705

Repsol’s 400 million euro (US$493 million) investment in the Mexican fuel market is another major vote of confidence in the country’s downstream future.

13 March 2018, Week 10, Issue 704

Norway’s Statoil is looking for more oil and gas opportunities in Argentina after it signed a new deal with state-run YPF in which the pair pledged to assess potential onshore and offshore...

06 March 2018, Week 09, Issue 703

Ecuador is to increase the number of oil and gas areas offered at an auction later this month, with the bid round now including the Amistad gas field.

27 February 2018, Week 08, Issue 702

Argentina intends to sustain its imports of LNG this year, as a recovery in domestic natural gas production takes longer than expected.

20 February 2018, Week 07, Issue 701

Royal Dutch Shell intends to ramp up its crude oil production from the Vaca Muerta shale in Argentina to at least 40,000 bpd in 2021.

13 February 2018, Week 06, Issue 700

Argentina plans to increase natural gas exports to Chile in December, allowing deliveries without limits in an effort to encourage a ramp-up in production from Vaca Muerta by creating more sales...