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Companies & Finance

DEA to buy Sierra Oil & Gas

Germany’s DEA announced on Tuesday that it will acquire Mexican independent Sierra Oil & Gas

5 December 2018

Excelerate gives up on Puerto Rican LNG terminal

Excelerate Energy has officially withdrawn its plans for the Aguirre Offshore Gasport LNG terminal in Puerto Rico from consideration by the US FERC.

3 December 2018
Exploration & Production

Venezuela rejects BP offer for Total’s Plataforma Deltana stake

Venezuela’s oil ministry has rejected an offer from BP last month to buy Total’s 49% stake in Block 4 of the offshore Plataforma Deltana gas field

27 November 2018
Caribbean FLNG will be renamed Tango FLNG. Exploration & Production

Argentina takes first step towards LNG exports

Argentina is set to start exporting its gas via an FLNG unit, but a larger liquefaction project will be needed to absorb its rising output.

23 November 2018

Exmar wins contract to supply first LNG from Vaca Muerta

Belgium’s Exmar has won a 10-year contract to produce and export the first LNG from Argentina’s Vaca Muerta shale play

21 November 2018
Argentina's Bahia Blanca FSRU. LNG

Argentina may rue absence of contingency FSRU

The Exemplar was underutilised, but its departure significantly reduces the flexibility of Argentina’s gas supply network.

12 November 2018
Jair Bolsonaro. Policy & Regulation

Instinct vs investment: which way will Brazil go?

Jair Bolsonaro looks set to win Brazil’s presidential election, but while he is likely to favour a liberal approach to the energy sector, his populist instincts remain a risk.

23 October 2018
Exploration & Production

Latin American rig count rebounds to 2016 levels

Latin America's rig count has returned to the level it was at two years ago.

19 October 2018
Exploration & Production

Kosmos to abandon Pontoenoe well off Suriname

Kosmos Energy will plug and abandon the Pontoenoe 1 exploration well in Block 42 offshore Suriname

11 October 2018

Argentina targets exports via Caribbean FLNG

Argentina is looking to export LNG using the Caribbean FLNG vessel

8 October 2018
Companies & Finance

EC approves Qatar Petroleum’s acquisition of Exxon’s Argentine assets

The European Commission has approved Qatar Petroleum's proposed acquisition of joint control over two of ExxonMobil’s subsidiaries in Argentina.

3 October 2018
Exploration & Production

Shell sells off downstream assets in Argentina

Shell has decided to focus its Argentine business on drilling for oil and gas in the country’s huge Vaca Muerta shale play.

3 October 2018
Exploration & Production

Exxon and QP awarded exploration licence for Brazilian offshore block

ExxonMobil and Qatar Petroleum have been awarded a licence to explore the Tita block offshore Brazil.

3 October 2018
Pipelines, Storage & Power

Bahiagas starts work on new gas pipeline in Brazil’s Northeast

Brazilian gas distributor Bahiagas has started building a 306-km gas pipeline in Brazil’s Northeast region

2 October 2018

Argentina plans to start work on first LNG plant in H2 2019

The Argentine government wants construction of the country’s first liquefaction plant to start in H2 2019.

28 September 2018

Yamal LNG ships its first cargo to Brazil’s Bahia terminal

Novatek’s Yamal LNG plant has shipped its first cargo to the Brazilian market.

24 September 2018

Shell wins contract to supply LNG to Panama power project

Shell has won a long-term contract to supply LNG to a $900 million LNG-to-power project being built by a Chinese company in Panama

21 September 2018
Exploration & Production

Latin American rig count dips slightly in August

Drilling for gas dropped by a single rig in Latin America during August, leaving 16 wells in operation.

21 September 2018
A gas pipeline in Argentina LNG

Argentina’s LNG plans require rapid pipeline build-out

Argentina has a healthy gas surplus in summer, but the country will need to build new infrastructure if it wants to export LNG.

13 September 2018
Supply & Demand

Argentina faces growing bill for gas and LNG imports

The price Argentina pays for Bolivian gas could converge with that of its LNG imports in the coming months.

10 September 2018

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