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...
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...
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.
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...
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.
Argentina’s financial crisis has claimed its first victim in the Vaca Muerta shale play.
Norway’s Equinor has made its first discovery in the Carcara Norte concession offshore Brazil, a little over a year after acquiring the area.
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.
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.
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.
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.
Argentina opened bidding last week for its first offshore round in decades, and major oil companies are eying the potential.
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.
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.