Active rigs drilling for gas in Latin America Exploration & Production

Latin American rig count ticks up in October

Gas-focused drilling increased slightly in Latin America during October, with 20 rigs operational in the region during the month.

By Chris Noon 24 November 2017
LNG

Colombia seeking partners for second LNG terminal

Colombian pipeline operator Transportadora de Gas Internacional is seeking partners to invest in the country’s second LNG terminal.

17 November 2017
Policy & Regulation

Huge increase in Argentine gas bills

Argentina’s Energy Ministry has announced that gas bills will increase by up to 58% for businesses and by as much as 43% for residential consumers.

17 November 2017
Exploration & Production

Alvopetro makes move on tight gas in Brazil’s Potiguar Basin

Canadian independent Alvopetro plans to invest $1 million to develop an onshore gas asset in northeastern Brazil

17 November 2017
Supply & Demand

Colombia’s gas output falls by 10.6% in October

Colombia’s gas production fell by 10.6% in October on an annual basis, according to Energy Ministry data.

17 November 2017
Itaipu dam in Brazil LNG

LNG to rescue Brazil’s drought-hit northeast

Brazil is weaning itself off LNG, but one region needs the fuel more than ever: the semi-arid northeast.

17 November 2017
Pipelines, Storage & Power

Canacol’s Sábanas flowline near completion

Canacol is close to completing its 82-km Sábanas flowline, which will link the Jobo gas processing plant in Colombia’s northern Sucre region to the 2,900-km Promigas export pipeline.

16 November 2017
Exploration & Production

Mexico’s gas output will bounce back after 2022 – expert

An energy consultant has forecast that Mexico’s gas production will continue to decline until 2022 but will then recover.

16 November 2017
Policy & Regulation

Trinidad warns Guyana on gas sector money laundering

Faris al-Rawi, Trinidad & Tobago’s attorney general, warned Guyana on Wednesday that money launderers could be taking advantage of its oil and gas sector.

16 November 2017
Exploration & Production

Pequiven wins new licence in Venezuela

Venezuelan state petrochemical producer Pequiven has been awarded a gas exploration licence in the country’s western state of Zulia.

16 November 2017
Companies & Finance

YPF plans $2 bln bond sale

Argentine state-run giant YPF plans to raise up to $2 billion in a bond sale to help finance the company’s $30 billion investment programme.

15 November 2017
LNG

Yucatan considers US LNG imports

Mexico’s Yucatan peninsula could import LNG from the United States using an FSRU, an official from a subsidiary of state-run utility CFE has said.

15 November 2017
Exploration & Production

Argentine province presents tender blocks

Argentina’s Mendoza province has presented the 12 hydrocarbon blocks that will be tendered in February and March 2018.

15 November 2017
Pipelines, Storage & Power

PDVSA and CNPC subsidiary to cooperate on Venezuelan gas pipeline

PDVSA and China Petroleum Technology and a subsidiary of China National Petroleum Corp., are studying the possibility of building a gas pipeline to a Venezuelan power plant.

14 November 2017
LNG

Codelco looking to sell GNL Mejillones stake

Chilean state-owned company Codelco is seeking to sell its 37% stake in the country’s northern GNL Mejillones LNG terminal.

14 November 2017
Companies & Finance

Petrobras bounces back into profit in 9M 2017

Brazilian state-controlled Petrobras saw net profits of BRL 5 billion in the first nine months of 2017.

14 November 2017
Pipelines, Storage & Power

Shell seeking Brazilian power assets

Shell, which won three blocks in Brazil’s pre-salt auctions, is eyeing acquisition opportunities in the country’s power sector.

14 November 2017
YPF oil tanks in Catriel, Argentina. Policy & Regulation

YPF should stop sweating over subsidies – analysts

YPF’s CFO was rattled by an apparent change in Argentina’s gas subsidy regime during a call last week, but experts say the executive should relax.

14 November 2017
Exploration & Production

Brazil announces bid rounds for March and June

Brazil’s National Energy Policy Council has announced that the country’s 15th bid round for exploration blocks under a concession regime will be held in March 2018.

13 November 2017
Companies & Finance

Brazilian gas distributor reports sales recovery

Cosan, which controls Brazil’s largest gas distributor Companhia de Gás de São Paulo Comgas, has reported a recovery in sales.

13 November 2017
LNG

Cheap US LNG could be Caribbean solution

The Caribbean is in a good position to take cheap US LNG. But the indebted region may struggle to convert from fuel oil.

13 November 2017

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