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Exploration & Production

Latin American drilling activity drops to record low

The region's rig count fell to 14 in May, but the correlation between rig numbers and output is weakening.

22 June 2018
LNG

Peru LNG to close for maintenance

Peru LNG will suspend operations for three weeks starting 27 July for routine maintenance

21 June 2018
Exploration & Production

Exxon and Hess make eighth discovery offshore Guyana

ExxonMobil and Hess have made an eighth discovery at the Stabroek Block offshore Guyana

21 June 2018
LNG

Codelco hires Citigroup to sell its stake in Chile’s GNL Mejillones LNG terminal

Chilean state-owned copper miner Codelco has hired Citigroup to find a buyer for its 37% stake in the country’s northern GNL Mejillones LNG terminal

21 June 2018
A rig off Venezuela Exploration & Production

Venezuela’s debt endangers La Perla development

Eni and Repsol have already choked off investment in Venezuelan gas production because of unpaid debts, and the worsening situation in the country may force more drastic action.

20 June 2018
Exploration & Production

High gas prices threaten jobs and downstream in Trinidad

High gas prices are threatening the viability of Trinidad’s downstream sector and jobs at the country’s Point Lisas industrial estate

18 June 2018
Exploration & Production

Uruguay switches to permanent offer process for oil and gas blocks

Uruguay will opt for a permanent offer process for offshore oil and gas blocks after a bidding round held in April failed to attract any interest.

18 June 2018
Exploration & Production

Petrobras ups gas production in April

Brazilian state-run giant Petrobras has said that its gas production increased by 2.4% in May compared with April

18 June 2018
Policy & Regulation

New energy minister for Argentina

The government of Argentina said on Saturday that Juan José Aranguren will be replaced as energy minister by Javier Iguacel

18 June 2018
Exploration & Production

Argentina to export to Chile via central-south pipelines

Argentina has around 30 MMcm/d of pipeline capacity available in its central-south and southern Magallanes regions

18 June 2018
Supply & Demand

Argentine gas exports to Chile will start this year

Argentina will start exporting gas to Chile before the end of the year, the energy ministers of both countries have said

15 June 2018
Exploration & Production

Brazil will start drilling pilot shale projects by H1 2019

Drilling at two pilot projects in Brazil aimed at building public support for shale development will begin no later than H1 2019

15 June 2018
Exploration & Production

GeoPark acquires 50% stake in Argentina’s Los Parlamentos block

Latin America-focused explorer GeoPark has acquired a 50% stake in YPF’s Los Parlamentos block in Argentina’s Neuquén Basin

13 June 2018
Exploration & Production

Peru oil and gas could attract $12 bln by 2022 – minister

Peru’s hydrocarbon projects could attract up to $12 billion in investment by 2022, Peruvian Energy Minister Francisco Ismodes has said

13 June 2018
Exploration & Production

Exxon starts drilling in Liza project off Guyana

ExxonMobil started development drilling in May for the first of 17 wells planned for Phase 1 of the Liza project offshore Guyana, the company said on Tuesday.

13 June 2018
A worker on a gas pipeline in Brazil Companies & Finance

Petrobras pipeline sale snags on legal issues

The crown jewel in the Petrobras divestment programme – the giant TAG pipeline in Brazil’s northeast – is proving a tough sell.

12 June 2018
Supply & Demand

Argentine power sector boosts use of gas and diesel in April

Argentina’s power sector cut its consumption of coal and fuel oil in April, and burned more gas and diesel

11 June 2018
Companies & Finance

Yucatán to get around $86 mln in gas infrastructure investment

Mexican Energy Minister Pedro Joaquín Coldwell has announced that $86 million will be invested to support the supply of gas to the Yucatán Peninsula

11 June 2018
Supply & Demand

Higher prices hit Argentine household demand

Newly published data shows that market pricing is changing the composition of Argentina's gas consumption.

11 June 2018
Exploration & Production

Fourth pre-salt auction brings big bonuses for Brazil

Brazil has made $807 million in signature bonuses on three of the four blocks that were offered in the country’s fourth pre-salt auction on Thursday.

8 June 2018

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