LatAmOil Top Story archive

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...

06 February 2018, Week 05, Issue 699

YPF last week announced plans to invest US$1.5 billion in 12 pilot projects in the Vaca Muerta shale this year.

30 January 2018, Week 04, Issue 698

ENAP Sipetrol has agreed to acquire the Octans Pegaso block off the coast of Santa Cruz in Argentina.

23 January 2018, Week 03, Issue 697

Argentina’s YPF is pressing ahead with plans to develop a new block in the Vaca Muerta shale with Norway’s Statoil.

16 January 2018, Week 02, Issue 696

Venezuela’s crude oil sales to the US fell again in December, following a significant drop in production in the Latin American state.

09 January 2018, Week 01, Issue 695

ExxonMobil said on January 5 that it had struck oil at its Ranger-1 exploration well in the Stabroek Block offshore Guyana. 

19 December 2017, Week 50, Issue 694

YPF said last week it had reached a deal to sell a 25% stake in its power generation business to US-based industrial conglomerate General Electric.

12 December 2017, Week 49, Issue 693

PDVSA is being sued for US$23.7 million in a US court by China’s Sinopec, in a sign that support from Venezuela’s usual foreign backers could be waning.

05 December 2017, Week 48, Issue 692

The purge of Venezuela’s oil industry continued last week with the arrests of Nelson Martinez and Eulogio del Pino.

28 November 2017, Week 47, Issue 691

Argentina’s YPF is forming partnerships to participate in offshore bid rounds, as it looks to ramp up exploration work with a view to laying the groundwork for long-term production growth.

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.