A photo of gas installations in Argentina’s Neuquén province. Companies & Finance

BP relaxes its grip on Argentine oil and gas producer

BP is giving up control of the boardroom at Argentine giant Pan American Energy, and it could be a canny move by the supermajor.

By The Wildcat 21 September 2017
Pipelines, Storage & Power

Argentina to add 3 GW of new gas-fired power by February

Argentina will have added 3.08 GW of new power generation capacity by February 2018 compared with February 2016.

4 September 2017
Pipelines, Storage & Power

US pipeline exports to Mexico hit 121.8 MMcm/d

Gas exports from the United States to Mexico rose to 121.8 million cubic metres per day in August, a 6% increase compared with the same month last year.

1 September 2017
LNG

Enap seeks to replace Chile’s LNG imports with tight gas

Chilean state-run company Enap will seek to replace some of the country’s LNG imports with domestically produced tight gas in the coming years.

1 September 2017
Companies & Finance

Golar to close finance on Brazilian LNG terminal and power plant in Q4

Golar expects the project to build an LNG terminal and gas-to-power plant in Sergipe will financially close in Q4 2017.

31 August 2017
Exploration & Production

Six foreign companies to make Brazilian debuts in 14th bid round

Six foreign oil and gas companies may make their debut in the Brazilian market next month during the country’s 14th bid round.

31 August 2017
Exploration & Production

Mexican deepwater project will need $10.7 bln

Pemex's Nobilis-Maximino deepwater project will require around $10.7 billion in investment.

31 August 2017
Exploration & Production

Colombian caution stymies Exxon’s fracking hopes

ExxonMobil has been waiting for the green light to begin fracking in Colombia since Q1 2015. But an all-important environmental licence remains elusive.

30 August 2017
Pipelines, Storage & Power

Hydro gives way to gas and renewables in Lat Am

The share of hydropower in Latin America’s power mix has fallen, clearing the way for gas and renewables.

30 August 2017
Exploration & Production

Statoil to explore with YPF in Bajo del Toro

Norwegian giant Statoil has announced it will explore for unconventional oil and gas in the Bajo del Toro block in Argentina’s Neuquén Basin with state-run company YPF.

29 August 2017
Exploration & Production

Mexico approves Pemex investment deadline extension

Mexico’s energy ministry has approved a two-year deadline extension for state-run Pemex to invest in 101 oil and gas exploration blocks that were granted in 2014.

29 August 2017
Companies & Finance

YPF hires Citigroup to help sell Metrogas stake

Argentine state-run YPF has hired Citigroup to help sell its controlling stake in Metrogas, the Latin American country’s largest gas distributor

29 August 2017
Companies & Finance

YPF to be run by six-member committee in wake of CEO resignation

Ricardo Darre, the chief executive of Argentine state-run YPF, has resigned, and a six-member executive committee will now run the company.

29 August 2017
Exploration & Production

Drilling increases in Latin America during July

Gas-focused drilling increased in Latin America during July, with 19 rigs drilling for gas in the region during the month.

25 August 2017
Supply & Demand

Bolivian GDP growth hindered by hydrocarbon sector

Bolivia’s GDP grew by 3.34% in Q1 2017.

24 August 2017
Exploration & Production

European majors stand ground in Venezuela

Repsol denies pulling foreign workers from fields in crisis-hit Venezuela. Eni and Shell are also keeping staff in place.

24 August 2017
Companies & Finance

Charges filed against former Petrobras CEO

Brazilian prosecutors filed corruption and money laundering charges against former Petrobras Chief Executive Aldemir Bendine on Tuesday.

23 August 2017
Exploration & Production

Peru takes $55 million in oil and gas royalties

Peru earned $56.5 million in oil and gas royalties in July, a 4.1% increase from the same month in 2016.

23 August 2017
Companies & Finance

Promigas renames foreign distribution operations

Colombian company Promigas will rename its foreign distribution operations – including those in Peru, apart from Cálidda – as ‘Quavii’.

22 August 2017
Policy & Regulation

Mexican wholesale gas market takes shape

Mexico’s wholesale gas market is taking shape, with market participants selling the fuel at an average of price $4.10/MMBtu in July.

22 August 2017
Exploration & Production

Colombia’s shale plans strangled by red tape

Colombia’s conventional reserves are running out while its vast shale resources lie untapped. But Bogota is yet to sign off on a single fracking project.

22 August 2017

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