Mexico’s Manzanillo LNG terminal could receive monthly LNG cargoes until 2018. (Samsung C&T) Global Markets

Mexican demand surprises US LNG industry

Mexico’s demand for US LNG has been stronger than expected. But it may be a short-lived phenomenon, conference delegates in Houston heard.

By Chris Noon 22 June 2017
A Repsol offshore exploration rig. Repsol will be doing seismic for Guyana. (Repsol) Exploration & Production

Guyana follows the Nordic blueprint

Guyana needs a plan for its huge offshore discoveries. The country’s petroleum adviser, Jan Mangal, is championing Norway as a role model.

27 April 2017
Exploration & Production

Fluor receives FEED for Trinidad’s Cassia Compression Project

London-based Fluor has received the FEED contract for the Cassia Compression project off the east coast of Trinidad from BP Trinidad & Tobago for an undisclosed sum.

26 April 2017

Peru to discuss taking control of destinations for LNG cargoes

Peruvian lawmakers are set to discuss a bill to give the state the final decision over the destination of gas shipped outside the country.

25 April 2017

Brazil may pay price for Q1 hydro binge

Brazil leaned heavily on its huge hydro dams in Q1 2017, but reservoir levels are dwindling and the country may soon be competing for spot LNG cargoes.

24 April 2017
Pipelines, Storage & Power

Guyana mulls gas-fired power project

Guyana’s Minister of Natural Resources Raphael Trotman has said associated gas from the country’s vast offshore reserves could supply a 200 MW power plant.

21 April 2017
A well in the Vaca Muerta shale play. Argentina is offering generous incentives to drill there. (YPF) Exploration & Production

Great offers in Vaca Muerta – for a limited time only

Now is a great time for companies to plant a flag in Argentina’s Vaca Muerta formation, but the rewards on offer will not be around forever.

20 April 2017
Exploration & Production

Trinidad onshore compression project starts up

BP and the government of Trinidad & Tobago have announced the startup of the Trinidad Onshore Compression Project.

18 April 2017
Exploration & Production

Schlumberger to invest with YPF in Vaca Muerta

Houston-based oil services provider Schlumberger will invest $390 million in the Vaca Muerta shale field in Patagonia alongside Argentina’s state-run energy company YPF.

13 April 2017
A platform offshore Trinidad. The country may have only eight years of gas reserves remaining. (BG Group) Exploration & Production

Trinidad hopes for divine intervention

Trinidad and Tobago’s Angelin field looks the country’s best hope for saving its gas production. But Port of Spain is struggling to close the deal.

13 April 2017

Borealis Infrastructure signs up for GNL Quintero stake

Borealis Infrastructure has signed an agreement to purchase a 34.6% stake in Chilean LNG terminal operator GNL Quintero.

12 April 2017
Argentina’s Bahía Blanca LNG terminal. LNG imports are more expensive than Bolivian piped gas. (YPF) LNG

Latin America no longer an LNG sinkhole – OIES

Brazil’s heavily reduced gas consumption will affect Argentina’s LNG imports because of the Southern Cone’s triangular trade.

11 April 2017

Argentina plays it safe on winter LNG

Buenos Aires has lined up 50 LNG cargoes for delivery over the colder months to ensure Argentines will stay warm during the winter.

10 April 2017
Alternative Fuels

Engie Brasil expects bids for 1.2 GW of coal power capacity

Engie’s Brazilian unit is expecting to receive bids for 1.2 GW of coal-fired power capacity, Chief Executive Maurício Bahr.

7 April 2017
Supply & Demand

Bolivia-Brazil gas exports drop by 20% year on year in March

Bolivia’s gas exports to Brazil fell by 20% year on year in March 2017, to an average of 24 million cubic metres per day.

7 April 2017
Exploration & Production

Panama approves offshore seismic campaign

The government of Panama has approved an offshore seismic campaign in the hope of making oil and gas discoveries.

7 April 2017
The Andrew rig off the coast of the UK. Kevin Ramnarine says Guyana could have 'another North Sea' on its doorstep. (BP) Exploration & Production

Guyana’s associated gas glut will be a challenge

Guyana’s offshore discoveries will be a game-changer for the country, but monetising the huge volumes of associated gas could be difficult.

6 April 2017
Exploration & Production

Exxon planning to plunge into Brazilian deep water

ExxonMobil is seeking to gain access to Brazil’s lucrative deepwater oil and gas resources.

5 April 2017
Companies & Finance

Itaúsa Investimentos buys stake in Brazilian pipeline company

Brazilian conglomerate Itaúsa Investimentos said in a securities filing on Tuesday that it has bought a 7.65% stake in gas pipeline unit Nova Transportadora do Sudeste.

5 April 2017
Excelerate regasification vessels at Argentina's Bahia Blanca LNG terminal. (Argentine Energy Ministry) LNG

Argentina waves goodbye to the LNG era

Latin LNG demand has vanished. But while this may mark the end of an era in Argentina, the jury is still out on Brazil.

4 April 2017
Exploration & Production

Companies plan $500 mln investment in Vaca Muerta

Argentina’s state-run YPF will invest $500 million together with Pan American Energy, Total’s Argentine subsidiary Austral, and Wintershall Energía in the Vaca Muerta formation.

3 April 2017

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