LatAmOil Top Story archive

21 November 2017, Week 46, Issue 690

Russia’s Lukoil has signed a preliminary deal with US-based OP Investments in which it has agreed to become a partner in Oil Combustibles, one of the five leading oil refiners in Argentina. 

14 November 2017, Week 45, Issue 689

After two successful pre-salt tenders were held in late October, Brazil has announced details of more blocks to be offered in two new rounds due on March 29, 2018.

07 November 2017, Week 44, Issue 688

Argentina last week made its first gas exports to Chile in more than a decade. The exports were executed by means of the first swap deal between the two countries.

31 October 2017, Week 43, Issue 687

An onshore find has reinvigorated hopes that Uruguay could become an oil producer.

24 October 2017, Week 42, Issue 686

Companies based in China and the UK have joined a list of firms that have shown interest in investing in the Pacific Refinery in Ecuador, the country’s government has said.

17 October 2017, Week 41, Issue 685

Ecuador’s state-run Petroamazonas intends to start drilling work in the second field in the Ishpingo, Tambococha and Tiputini (ITT) block in December.

10 October 2017, Week 40, Issue 684

Argentina's Energy Ministry has eased the regulations for exporting crude and liquid fuels, a move aimed at spurring production.

03 October 2017, Week 39, Issue 683

Argentina’s government has realigned local oil prices with international references for October, marking the first time that crude and product prices have traded freely in 16 years.

26 September 2017, Week 38, Issue 681

Uruguay’s ANCAP launched a third bidding round for 17 offshore licences on September 18, even as a recent dry well and low oil prices dampen the appetite for investment.

19 September 2017, Week 37, Issue 681

Mexico’s National Hydrocarbons Commission (CNH) has launched the tender process to find a partner for state-run Pemex’s second deepwater farm-out.

12 September 2017, Week 36, Issue 680

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.

05 September 2017, Week 35, Issue 679

ExxonMobil is seeking a 35-year production licence for a shale gas block in the Vaca Muerta play in Argentina.

29 August 2017, Week 34, Issue 678

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...

22 August 2017, Week 33, Issue 677

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...

15 August 2017, Week 32, Issue 676

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.