An LNG cargo arrives in Brazil. LNG could still play a key role in the country despite production growth. (Petrobras) LNG

Renewables throw LNG a lifeline in Latin America

Do not write off Latin America’s LNG sector just yet. Renewables will need a hefty back-up, conference speakers in Houston argued this week.

By Chris Noon 23 June 2017
Exploration & Production

Latin American gas drilling returns to recent lows

There were 17 rigs drilling for gas in Latin America in May 2017, the same number as in March – which was the lowest level since records began.

23 June 2017
Mexico’s Manzanillo LNG terminal could receive monthly LNG cargoes until 2018. (Samsung C&T) LNG

Mexican demand surprises US LNG industry

Mexico’s demand for US LNG has been stronger than expected. But it may be a short-lived phenomenon, conference delegates in Houston heard.

22 June 2017
Exploration & Production

Eni takes three offshore blocks in Mexican licensing round

Italian supermajor Eni has been awarded three of the 10 offshore blocks offered by Mexico’s National Hydrocarbon Commission in the first tender of the second phase of Mexico’s oil and gas licensing round.

21 June 2017
A crossing station on the US-Mexican border. Drilling gets much more complicated south of the Rio Grande. (PA) Exploration & Production

Mexico’s shale pioneers will need blind faith

Nobody doubts Mexico’s staggering shale potential. But it still looks risky to drill south of the Rio Grande.

20 June 2017
Exploration & Production

Trinidad stays calm as storm clouds gather

Trinidad’s government is optimistic about the future, despite gas output falling by more than 20% since 2013.

19 June 2017
LNG

YPF and Enarsa could boost Escobar LNG regas capacity

State-owned YPF and Enarsa may boost regasification capacity at Argentina’s Escobar LNG terminal to 25 MMcm/d.

16 June 2017
The launch of the third bidding session for Round 2 last year. The fourth session is expected in December. (Sener) Exploration & Production

Mexico to offer 70 shale blocks in December – source

Mexican authorities are gearing up to offer around 70 blocks in the country’s inaugural shale round. It is an ambitious plan, say experts.

16 June 2017
Exploration & Production

Repsol to invest $1 bln in Bolivian gas fields

Spanish giant Repsol will invest around $1 billion until 2021 to explore gas fields in southern Bolivia.

15 June 2017
LNG

Atlantic LNG to cut 7% of workforce

Atlantic LNG, the company that oversees Trinidad & Tobago’s liquefaction plant, is planning to cut its staff by 7%.

14 June 2017
Pipelines, Storage & Power

Brazilian power company seeks Bolivian gas supply contract

Âmbar Energia, a power company owned by Brazilian conglomerate J&F Investimentos, is seeking a long-term gas supply contract with Bolivia from 2019.

13 June 2017
A well in the Vaca Muerta shale gas formation. Producers in the play are maximising their output. (YPF) Exploration & Production

Vaca Muerta’s producers drive ‘radical change’

Argentina’s drillers may have finally cracked Vaca Muerta. The secret to their success? Horizontal wells and longer laterals.

13 June 2017
Supply & Demand

Flickers of life in Brazilian gas demand

Brazil's economy is emerging from a severe recession, but it is too soon to say if gas demand is bouncing back.

12 June 2017
LNG

Panama Canal Authority may hike tariffs for LNG cargoes

The Panama Canal Authority is proposing to revise its toll system in a move that could raise the rates charged for LNG cargoes passing through the Central American waterway.

6 June 2017
Exploration & Production

Guyana gives Exxon production licence for Liza project

Guyana has granted an oil production licence to ExxonMobil for the Liza project in the country’s offshore Stabroek Block.

6 June 2017
The Dolphin platform offshore Trinidad. Shell now has significant assets in the country. (Shell) Exploration & Production

Shell joins dots in Trinidad-Venezuela puzzle

Shell has beefed up its offshore presence in Trinidad and Tobago, bringing the supermajor a step closer to Venezuela’s giant untapped fields.

6 June 2017
Exploration & Production

BPTT sanctions Angelin project

BP Trinidad and Tobago has given the green light to development of its Angelin gas project, which will include the construction of a new offshore production facility.

5 June 2017
Pipelines on Argentina’s Transportadora de Gas del Norte network. (TGN) Pipelines, Storage & Power

Signs of thaw in Bolivia-Argentina export spat

Bolivia has offered an olive branch to Argentina over gas exports after a month of political tension. La Paz’s bargaining position is looking increasingly weak.

1 June 2017
Exploration & Production

Mexican gas production in freefall

Mexico has let gas production slide in favour of cheap imports from Texas. It is a risky strategy as NAFTA hangs in the balance.

31 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

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