LatAmOil Top Story archive

17 December 2018, Week 50, Issue 744

Norway’s Equinor has made its first discovery in the Carcara Norte concession offshore Brazil, a little over a year after acquiring the area. 

11 December 2018, Week 49, Issue 743

Petrobras will increase its investment over the next four years to US$84 billion, according to its new business plan, which covers the 2019-23 period.

04 December 2018, Week 48, Issue 742

Andres Manuel Lopez Obrador was sworn in as Mexico’s president on December 1, and his term of office could have far-reaching consequences for the country’s energy policy.

27 November 2018, Week 47, Issue 741

Vista Oil & Gas intends to invest US$157.4 million on two pilot projects in Vaca Muerta, targeting oil in Argentina’s biggest shale play.

20 November 2018, Week 46, Issue 740

Ecuador’s state-run Petroamazonas is still targeting around 18,000 bpd of crude oil output from the Ishpingo field, part of the major Ishpingo, Tambococha and Tiputini (ITT) project.

13 November 2018, Week 45, Issue 739

Argentina opened bidding last week for its first offshore round in decades, and major oil companies are eying the potential.

06 November 2018, Week 44, Issue 737

Chile will reportedly receive a rare cargo of crude from the US this week, as the country looks for new import routes to meet growing energy demand.

30 October 2018, Week 43, Issue 737

Petrobras and Chevron have refused to confirm or deny media reports that both companies are negotiating the sale of the Brazilian state-run giant’s problematic refinery in Pasadena, Texas.

23 October 2018, Week 42, Issue 736

Petrobras anticipates it will be able to restart the process to sell its Transportadora Associada de Gas (TAG) gas distribution business within the next month.

15 October 2018, Week 41, Issue 735

Venezuela’s oil output in September was down again, according to OPEC’s latest data. Crude production has been sliding throughout the year as the country’s economic and political crises bite.

09 October 2018, Week 40, Issue 734

Argentina has launched its first auction for offshore acreage in two decades, as it seeks reserves in one of the world’s last hydrocarbon frontiers.

02 October 2018, Week 39, Issue 733

Argentina aims to start exporting 40 mcm per day (14.6 bcm per year) of LNG in 2023, and gradually increase that to 120 mcm per day (43.8 bcm per year) by 2025.

24 September 2018, Week 38, Issue 732

The approval of a new hydrocarbons law in Peru could lure the necessary investment to reactivate production at 4,500 shuttered oil wells, according to the National Society of Mining, Petroleum and...

18 September 2018, Week 37, Issue 731

Ecuador’s government has launched the Intracampos licensing round for eight onshore blocks in the north of the country.

11 September 2018, Week 36, Issue 730

Petrobras has announced a new policy to hold fuel prices level for up to 15 days by using a hedging programme to reduce price volatility for customers.