Höegh Grace has been chartered as an FSRU at Colombia’s first LNG terminal. (Höegh) LNG

Pacific best for Colombia’s next LNG terminal – report

Colombian authorities have run the numbers on a looming gas deficit and favour a second LNG terminal on the Pacific coast.

Trinidad's Atlantic LNG plant, which has suffered major gas shortages. (BG Group) Exploration & Production

Trinidad’s woes are result of underinvestment – BP

BP’s Trinidadian production has fallen sharply as its fields have matured. It has high hopes for its giant Juniper field, but the country needs more.

Exploration & Production

Centrica sells Trinidad assets to Shell

UK-based Centrica will sell its entire portfolio of gas assets in Trinidad and Tobago to Shell for an initial sum of $30 million.

1 December 2016
Exploration & Production

Chevron and Inpex team up with Pemex for Mexican bid round

Chevron and Japan’s Inpex have entered into a partnership with Mexican state oil and gas company Pemex to bid in Mexico’s latest licensing round.

30 November 2016
Peru’s President Pedro Kuczynski (right) welcomes China’s President Xi Jinping to the APEC summit in Lima. (PA) Policy & Regulation

Peru: enter the dragon?

Peru will hitch itself to China after Donald Trump torpedoed the Trans-Pacific Partnership, and gas will be at the centre of the deepening Sino-Peruvian relationship.

30 November 2016
Exploration & Production

Trinidad’s new fields offer only short-term solutions

Production from Trinidad’s much-hyped new fields may only restore output to 2014 levels, given current decline rates.

28 November 2016
Argentina’s Bahía blanca LNG terminal. (Argentine energy ministry) LNG

Latin America is the LNG market’s elastic

Latin America accounts for around 25% of the world’s ‘flexible’ LNG supply. Will the region continue to bring elasticity to the market?

25 November 2016
Exploration & Production

Rosneft to begin drilling in Amazon in January

Rosneft’s Brazilian subsidiary will begin drilling a remote area of Brazil’s Amazon rainforest in January.

24 November 2016
Exploration & Production

Latin America rig count creeps up in October

Gas-focused drilling inched up in Latin America in October, with the number of gas rigs standing at 21 according to Baker Hughes data.

24 November 2016
A RasGas storage tank in Qatar. The risk for the Sergipe project has shifted to the supplier. (PA) LNG

Qatar steps up to Brazilian LNG challenge

The elements in Brazil are famously unpredictable, but the Sergipe project developers have found an LNG supplier prepared to be flexible: Qatar.

22 November 2016
Exploration & Production

The changing face of Mexican production

Non-associated gas from Mexico’s onshore plays accounted for over 42% of the country’s production a decade ago, but the figure has now fallen to 22%.

21 November 2016
The location of blocks offered in Mexico’s Round Two, Auction Three. Exploration & Production

High hopes for Mexico’s ‘gas’ round

Demand growth is outstripping supply in Mexico, leaving experts optimistic about the forthcoming bid round for gas-rich acreage.

18 November 2016
LNG

First LNG cargo reaches Höegh FSRU in Cartagena

BP’s British Innovator LNG carrier delivered the first cargo to the Höegh Grace FSRU on Wednesday.

17 November 2016
A Sabine Pass LNG cargo arrives in Brazil. The proposed terminal in Sergipe may receive US LNG. (Petrobras) LNG

Golar locks down supply for giant Brazilian project

Qatar is relieving ExxonMobil of the burden of supplying LNG to a massive gas-to-power plant in the Brazilian state of Sergipe.

17 November 2016
LNG

Golar Power signs LNG agreement with Qatari supplier

Golar Power has signed a long-term LNG supply agreement between Ocean LNG and Brazil-based Centrais Elétricas de Sergipe (CELSE).

15 November 2016
Companies & Finance

Tariff hike transforms YPF’s balance sheet

YPF’s gas sales are driving the company’s revenues higher. However, operating income is down as the Argentine government brings the company into line with global oil markets.

14 November 2016
The Höegh Grace FSRU, which is currently moored off the Colombian port of Cartagena. (Höegh) LNG

Colombia sticks to spot cargoes for first LNG

Colombia is poised to receive its maiden LNG cargo next week, but it will be competing with its neighbours for cheap cargoes from Uncle Sam.

10 November 2016
Uruguay’s Salta and Piedra Sola concessions. Exploration & Production

Minnows to take bet on onshore Uruguay

Martin Schuepbach, chief executive and chairman of Schuepbach Energy, talks about the company’s drilling plans for Uruguay’s Norte Basin.

9 November 2016
Exploration & Production

Petrobras and YPFB to explore Astilleros and San Telmo fields

Brazilian state-run giant Petrobras has signed a $1.2 billion agreement with its Bolivian counterpart YPFB to explore the Astilleros and San Telmo gas fields in southern Bolivia.

8 November 2016
LNG

Production woes plague Trinidad’s industry

Trinidad has seen its gas production fall nearly 13% so far in 2016, hitting its LNG industry.

7 November 2016
LNG

YPF planning Argentina’s third LNG terminal near La Plata

State-run YPF is seeking to build Argentina’s third LNG terminal near the city of La Plata.

4 November 2016
Companies & Finance

Sempra buys majority stake in Peruvian pipeline project

San Diego-based Sempra Energy has agreed to buy a majority stake in a key Peruvian pipeline project being sold by Brazilian giant Odebrecht, according to Peruvian Finance Minister Alfredo Thorne.

4 November 2016

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