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The Colombian connection

A glut of Canadian small- and medium-sized companies are drilling in Colombia.It's a story of trade agreements, easy access to capital - and good old tradition.

15 March 2012
Exploration & Production

The Colombian connection

A glut of Canadian small- and medium-sized companies are drilling in Colombia.It's a story of trade agreements, easy access to capital - and good old tradition.

15 March 2012
Policy & Regulation

Colombia’s light-touch regulation to attract petrodollars

Foreign companies looking to invest in Colombia’s gas sector will benefit from purpose-made favourable regulation for both conventional and unconventional production.

14 March 2012
Pipelines, Storage & Power

Peru’s pipeline monopoly concerns power sector

Limited transport options from Peru’s flagship Camisea field are beginning to cause problems for the country’s booming gas-to-power sector.

14 March 2012
Policy & Regulation

Chubut confirms imminent cancellation of two YPF licences

Argentina’s southern Chubut province is planning to revoke two of YPF's field licences.

14 March 2012
Exploration & Production

Pemex lifts shale estimates, plans to drill six wells this year

Pemex appears to have widened the range for the country's shale gas reserves, giving a higher midpoint than last year’s estimate

13 March 2012
Exploration & Production

BP in Brazil: the ‘mirror’ theory has new convert

BP has acquired its first blocks offshore northern Brazil in the latest exploration deal for deepwater Atlantic acreage.

13 March 2012
Exploration & Production

Ecopetrol to launch Colombia’s third largest gas field by June

Ecopetrol is launching gas production at the giant Cupiagua oil field in Colombia’s latest associated gas project.

12 March 2012
Policy & Regulation

YPF dividend

Argentina’s government has asked oil and gas major YPF to withhold dividend payments for 2010 and 2011 and invest the funds instead to boost flagging exploration and production, Reuters reported on Thursday.

12 March 2012
Companies & Finance

YPF considers record spending as row intensifies

Argentina’s YPF is considering raising its capital expenditure to multi-billion-dollar highs, but only if Buenos Aires agrees to lay off the company’s back.

12 March 2012
Pipelines, Storage & Power

Bolivan GVT pipeline to start transporting

The Villamontes Tarija (GVT) gas pipeline in Bolivia will start transporting 17.3 MMcm/d of gas as of April this year, SeeNews reported on Monday.

12 March 2012
Exploration & Production

Trinidad and Tobago tempts major players with deepwater revamps

Trinidad and Tobago will offer six deepwater blocks in the 2012 competitive bidding order, details of which are likely to be published by the end of March, the senior state counsel at the country’s energy ministry has told Interfax.

9 March 2012
Companies & Finance

Brazilian player sourcing local debt for gas-fired scheme

Brazilian integrated energy developer MPX is closing in on a locally funded project finance facility to back construction of the Parnaiba gas-fired power station in the north of the country.

9 March 2012
Global Markets

GE expects significant Latin growth

United States conglomerate General Electric expects significant revenue growth in Latin America over the coming years, as it sells equipment for pipeline projects.

7 March 2012
Companies & Finance

Statoil is Anadarko purchase frontrunner

Norway's state-controlled company Statoil is the frontrunner to buy the Brazilian business of US oil and gas producer Anadarko Petroleum Corp for about $3 billion, the Financial Times reported on Tuesday.

7 March 2012
Exploration & Production

BP exploration in Brazil

BP announced on Tuesday that the Brazilian ANP hydrocarbons agency has approved its 40% farm-in to four deep-water exploration and production concessions operated by Brazillian state-controlled company Petrobras.

6 March 2012
LNG

Sabalo processing plant

Brazil’s state-controlled company Petrobras started a third train at the Sabalo processing plant in Bolivia as part of an expansion at the country's San Antonio Block, it said on Monday.

6 March 2012
Pipelines, Storage & Power

New power capacity ‘essential’ says Colombian MP

Medellin-based EPM, Colinversiones, and Isagen, who are all concerned about future gas supply for power generation, are seeking to build a $350 million terminal.

6 March 2012
Exploration & Production

FARC’s ‘end to kidnappings’ looks like public relations

Oil and gas companies operating in Colombia will continue to face major security risks despite the ‘end to kidnappings’ announced by the country’s largest rebel group, analysts have told Interfax

5 March 2012
Supply & Demand

Santa Cruz gives YPF five days to justify investment level

Argentina's Santa Cruz province has given oil and gas giant YPF five days to justify its lack of investment in more than 20 oil and gas fields in the province, state news agency Telam reported on Saturday.

5 March 2012

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