LatAmOil Top Story archive

08 February 2019, Week 06, Issue 750

ExxonMobil has struck two new discoveries offshore Guyana. The finds at the Tilapia-1 and Haimara-1 wells bring up to 12 the number of discoveries the company and its partners have made in the...

05 February 2019, Week 05, Issue 749

Argentina has scaled back incentives for unconventional natural gas production. The move is aimed at pulling the country out of its financial crisis but risks slowing shale investment and could...

29 January 2019, Week 04, Issue 748

A recent spate of earthquakes in the Neuquen Basin has raised concerns amongst local residents about the use of hydraulic fracturing (fracking) to target the Vaca Muerta shale play.

22 January 2019, Week 03, Issue 747

A month into Mexico’s war on fuel theft, tragedy struck when a tapped fuel pipeline in the central state of Hidalgo exploded, killing close to 100 people. Despite the...

15 January 2019, Week 02, Issue 746

Mexican President Andres Manuel Lopez Obrador has wasted no time in cracking down on fuel theft, which cost state-run oil company Pemex US$3 billion last year.

08 January 2019, Week 01, Issue 745

Argentina’s financial crisis has claimed its first victim in the Vaca Muerta shale play. 

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.