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
Companies & Finance

Ecopetrol closes Reficar refinery upgrade deal

Colombia's Ecopetrol has closed a $3.5 billion deal for the upgrade and expansion of the Reficar refinery complex.

6 January 2012
Exploration & Production

Argentina’s shale operators wade into water politics

Companies drilling in the Neuquén Basin in Patagonia are facing major challenges, including water scarcity and local politics. Interfax investigates the challenges and risks involved in the drilling operation.

5 January 2012
Pipelines, Storage & Power

Petrobras commits to slew of gas-fired projects by 2015

Brazil’s state-controlled Petrobras has signed an agreement with the country’s power regulator Agencia Nacional de Energia Electrica (Aneel) to supply enough fuel for 20 thermoelectric power plants, amounting to 6,425 megawatts of capacity, over the next three years.

4 January 2012
Supply & Demand

Colombia extends export regime to Venezuela

Colombia has agreed to continue exporting gas to its eastern neighbour Venezuela until 2014.The deal, which was announced on 30 December 2011, extends a gas supply contract between Colombian state-controlled company Ecopetrol and Venezuelan counterpart Petróleos de Venezuela that began in 2006, and expired at the end of 2011.

3 January 2012
Exploration & Production

Tullow’s Zaedyus is a regional bellwether

If this year’s exploration coup belongs to Anardarko and Eni’s discovery in Mozambique, London-based Tullow Oil looks best-placed to pull off the upstream masterstroke of 2012, possibly as early a

21 December 2011
Companies & Finance

Soros bets on Argentine shale as he doubles YPF stake

Billionaire investor and philanthropist George Soros has more than doubled his position in Argentine oil major YPF, increasing his holding from 233,400 shares to 544,400, Nasdaq.com reported on Monday

20 December 2011
Exploration & Production

Niko continues to build presence in Trinidad and Tobago

Canadian explorer Niko Resources continues to pool its resources in Trinidad and Tobago offshore exploration, announcing on Monday that it obtained an interest in the Mayaro-Guayaguayare Bay block.

20 December 2011
Supply & Demand

Mixed outlook for Latin America’s flaring culprits

While Mexico and Brazil appear to be making progress in reducing gas waste, flaring is likely to increase in Venezuela, where the gas industry is still dysfunctional

19 December 2011
Companies & Finance

Schahin closes $692 mln finance package to buy deepwater drillship

Brazil's Schahin has closed a $692 million project finance package to fund the purchase of the Black Diamond I deepwater drillship from Korea's Samsung Heavy Industries for subsequent 10-year lease to

16 December 2011
Pipelines, Storage & Power

Colombian exports to Venezuela expire this month

Colombia’s contract for gas exports to Venezuela through the Trans-Caribbean Pipeline terminates this month, and an agreement to reverse flows in 2012 is unlikely, Interfax has learned.

15 December 2011
Policy & Regulation

Local prosecutors sue Chevron and Transocean over oil spill

Chevron’s hopes of picking up future exploration licences in Brazil were dealt a blow on Wednesday, as federal prosecutors in the hydrocarbon-rich Rio de Janeiro state sued the United States company and Swiss-based offshore drilling giant Transocean for 20 billion reals ($10.6 billion) in environmental and social damages relating to a 7 November

15 December 2011
LNG

Limp outlook forces Trinidad and Tobago to evolve

Over the past 20 years, Trinidad and Tobago’s fortuitous location has allowed it to morph from a small oil-based economy into a gas behemoth, with hydrocarbons constituting around 40% of its GDP and 80% of its exports.

14 December 2011
Pipelines, Storage & Power

Huge Peru downstream projects snag on uncertainty

Downstream projects in Peru appear to be the first victims of the country’s complicated energy regulation and uncertain gas reserves.

13 December 2011
Pipelines, Storage & Power

Analyst casts doubt on Venezuela’s integration dream

Interfax has learned that Venezuela is unlikely to realise its plan to extend a pipeline connection with Colombia on to Ecuador, because of unrealistic economics and logistics.

13 December 2011
Pipelines, Storage & Power

Red tape snarls Mexico’s pipeline ambitions

Overbearing bureaucracy is the main risk to Mexico’s huge $10.4 billion initiative to construct 4,500 km of new pipelines

12 December 2011
Supply & Demand

Brazil’s steady growth threatens Bolivian exports

Bolivia’s long-term gas exports to Brazil are under threat from the steady rise in domestic production in Latin America’s biggest economy.

12 December 2011
Policy & Regulation

Meet the gas ‘BRICs’

Investors are keen to keep an eye on a number of new economies, which are benefitting from their newfound worth in the oil and gas world.

9 December 2011
Exploration & Production

Paraguay caught between feast and famine

The landlocked country Paraguay is planning its first drilling campaign in nearly two decades between 2012 and 2013, as it attempts to commercialise the large shale resources in the Chaco-Paraña Basi

8 December 2011
Policy & Regulation

Chevron sweats over Brazil future following oil spill

It is still unclear if the 7 November oil spill in Brazil has damaged United States-based Chevron’s hopes of picking up future exploration licences in the country

7 December 2011
Exploration & Production

North Peru may become offshore hot spot

Both local and foreign producers are dedicating more resources to Latin America’s Pacific coast. Interfax investigates the projects taking shape in northern Peru.

5 December 2011

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