Exploration & Production

Slight rebound in Latin American gas drilling

Gas-focused drilling in Latin America ticked up during April, with 18 rigs active in the region – a slight increase from March.

By Verity Ratcliffe 25 May 2017
Exploration & Production

Petrobras begins production from FPSO in Lula South field

Petrobras and its partners have started deepwater production at FPSO P-66 in the BM-S-11 block, part of the Lula South pre-salt field in Brazil’s Santos Basin.

26 May 2017
Policy & Regulation

Pemex CEO returns from Middle East promotional tour

José Antonio González Anaya, chief executive of Mexico’s Pemex, has completed a working tour of the Middle East.

26 May 2017
Supply & Demand

Bolivia meeting gas commitments to Argentina – YPFB president

Bolivia is meeting its gas export obligations to Argentina, Bolivia’s state-run YPFB claimed in a press release on Thursday.

25 May 2017
The Cameron LNG project in Louisiana. US LNG could compete with Russia in Europe. (Sempra LNG) LNG

Experts play down prospect of US-Russia price war

Russia could keep Uncle Sam’s LNG at bay in Europe if it prices its gas exports at $5/MMBtu or less, a former CIA analyst says. However, Moscow is unlikely to be concerned.

25 May 2017
Exploration & Production

Petrobras plans to sell another Amazonian gas field

Brazilian state-run Petrobras announced plans on Monday to sell its Jurua gas field, which is located in the Solimões Basin in the Amazon.

24 May 2017
Exploration & Production

CNPC to invest $2 bln in Peru’s Block 58

State-owned China National Petroleum Corp. (CNPC) plans to invest $2 billion in Peru’s Block 58 over the next few years.

24 May 2017
Pipelines, Storage & Power

Mexico starts construction on Texas-Tuxpan gas pipeline

Construction has started on Mexico’s 800-km Texas-Tuxpan gas pipeline, which will supply power plants in the states of Tamaulipas and Veracruz.

23 May 2017
Petrobras is ready to leave the jungle. (Petrobras) Exploration & Production

I’m a state company, get me out of here!

Brazilian state giant Petrobras is selling its Azulão field in the Amazonian jungle. The property looks tailor-made for Eneva or Rosneft Brasil.

23 May 2017
Pipelines, Storage & Power

TransCanada to finish building Mexican pipeline by year-end

TransCanada plans to finish building the $500 million El Encino-Topolobampo pipeline in Mexico by the end of the year

17 May 2017
Platform P-52 at Brazil’s Roncador field. Around 45% of the country’s gas output comes from the pre-salt. (Petrobras) Exploration & Production

Brazil needs pre-salt gas plan to unleash potential

Pre-salt gas now constitutes around 45% of Brazil’s total gas production. However, huge volumes of the fuel are not making it to market.

16 May 2017
Supply & Demand

Confusion swirls over Bolivian exports

Bolivian authorities are no longer publishing daily gas export data. It could be related to a disagreement over exports with Argentina.

15 May 2017
Bolivia’s domestic gas demand is growing. (PA) Supply & Demand

Winter of discontent in the Andes?

The reduction in Bolivian exports to Argentina in May could be a sign of mutual distrust growing between La Paz and Buenos Aires.

11 May 2017
LNG

Engie and AES form JV to sell LNG in Central America

French gas and power company Engie and United States-based AES Corp. have agreed a joint venture to market and sell LNG in Central America.

10 May 2017
Pipelines, Storage & Power

Bolivia-Argentina relations strained by gas export cut

A reduction in Bolivian gas exports to Argentina is straining relations between the two countries, according to local press.

9 May 2017
Companies & Finance

Gluski ‘modestly optimistic’ about AES Brazilian business

The CEO of AES says he is 'modestly optimistic' about the company’s Brazil business as the country recovers from recession.

9 May 2017
The Höegh Grace FSRU, chartered by Colombia. The country may still build a second LNG import facility despite the recent offshore discoveries.  (Höegh) Exploration & Production

Colombia banks on Caribbean bounty

Colombia, which is keeping the lights on with LNG imports, has made a vast find of offshore gas. But it could be several years before it can tap into the discovery.

9 May 2017
Policy & Regulation

Argentina’s sea change on subsidies

Argentina is no longer propping up the consumer. Instead, the country’s gas producers received nearly 56% of energy sector subsidies in Q1 2017.

8 May 2017
A well in the Vaca Muerta formation. Argentina’s government has offered generous incentives to drill there. (YPF) Exploration & Production

Argentina up against the clock in Vaca Muerta

Buenos Aires has rolled out the red carpet for producers in Vaca Muerta. However, companies will need to act fast for maximum rewards.

4 May 2017
Pipelines, Storage & Power

Wind buffets Brazilian gas demand

Brazil has built nearly 10 GW of wind capacity over the last five years. However, a big sector needs big back-up.

4 May 2017
Companies & Finance

Eni chief holds talks with Mexican president on Campeche Bay

Mexican President Enrique Peña Nieto held a meeting Eni Chief Executive Claudio Descalzi on Tuesday, the Italian company said in a statement.

3 May 2017

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