Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
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Argentina looking to revive plans for expansion of gas pipelines
Argentina’s natural gas regulator Enargas is taking steps to revive a pipeline expansion programme that has been on hold.
NRG: Deep and wide – coverage round the world
What next for US-Mexico energy relations?
As a new free trade agreement takes effect in North America, some industry observers remain concerned about Mexico’s willingness to remove obstacles to US investors.
Sonangol makes advance payment to Melbana Energy for Cuban project
Australia’s Melbana Energy is moving closer to finalising an agreement that will allow Sonangol, the national oil company (NOC) of Angola, to join an upstream project in Cuba.
Aruba seeking new operator for San Nicolas refinery
The government of Aruba has confirmed that the search for a new operator for the San Nicolas refinery, a 235,000 barrel per day plant formerly owned by Valero, is underway.
Pemex reportedly looking to delay payments to contractors until 2021
Mexico’s national oil company (NOC) Pemex is reportedly seeking to defer payments to some of its contractors.
Venezuelan crude production dives for sixth month in row
Crude oil production in Venezuela has fallen for the sixth consecutive month, with the national oil company (NOC) PdVSA reporting a drop of 32%, or 200,000 barrels per day (bpd), in June.
Uruguay’s ANCAP in refinery upgrade contract with KBR
Uruguay’s state-owned oil company ANCAP has signed a new contract with the US engineering and construction firm KBR for a refinery upgrade project.
Peruvian oil output slides for fourth month in row
Oil production in Peru fell for a fourth consecutive month in June as the COVID-19 pandemic continued to wreak havoc on the country's production operations.
Mexican fuel importers said to be facing more delays
Bureaucratic obstacles are reportedly causing more delays for companies other than state-run Pemex that seek to import refined petroleum products into Mexico.
ANP data show Brazil increased oil production by 7.8% in 2019
Oil output in Brazil increased by 7.8% in 2019 compared with the previous year, reaching an average of 2.8mn barrels per day, according to new state statistics.
NRG: Bracing for the second wave
A tale of two refineries
Two Caribbean refineries formerly owned by PdVSA are facing challenges.
Essar Group submits binding offer for RLAM refinery
India’s Essar Group has reportedly submitted an offer for Brazil’s RLAM refinery, bringing the number of companies participating in this stage of the bidding contest up to two.
ICJ begins hearings on Guyana-Venezuela border dispute
The International Court of Justice (ICJ) has begun oral hearings on a border dispute between Guyana and Venezuela that could affect the fate of an ExxonMobil-led offshore project.
Venezuelan oil production and exports fell in June
Venezuela reportedly saw crude oil output and exports drop significantly in the month of June.
Indigenous leaders in Peru seek vote restricting access to Amazon
Indigenous leaders in Peru have urged lawmakers to pass a new bill that would protect large areas of the Amazon from development by oil companies
Guyana shortlists 19 firms for oil marketing contract
The government of Guyana has shortlisted a total of 19 companies for a contract to market its share of oil from the Liza offshore field.
YPF sends force majeure notice to Belgium’s Exmar for Tango LNG
Belgian marine operator Exmar has received written notification of force majeure from Argentina’s state-run oil major YPF for their shared Tango floating LNG (FLNG) project.
Fitch Ratings: Low oil prices, pandemic could affect Colombia for years
The fiscal fallout from the coronavirus pandemic combined with low oil prices could affect Colombia for several years, according to Richard Francis, the director of sovereign ratings at US-based Fitch Ratings.
NRG: Trying to adapt
World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.
New FPSO will boost output of Atapu field 150,000 bpd
France’s Total and its partners are on track to double oil yields at the Block BM-S-11A offshore Brazil, following the launch of a second floating production, storage and off-loading (FPSO) vessel.
Ascent losses widen in 2019
Venezuelan sanctions reach Mexico
Washington has added two Mexican companies and four Mexican citizens to its Venezuelan sanctions list.
Naturgas sees Colombian gas output declining more slowly
Naturgas, a trade association that represents Colombia’s natural gas producers, transporters, distributors and traders, has revised its projections for gas output between 2020 and 2028.
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