• Natural Gas Daily
  • Latin America & Caribbean
Companies & Finance

Pemex Q3 revenues increase by 4.3%

Pemex reported Q3 revenues of $31.8 billion, an increase of 4.3% compared with Q3 2011. Higher US and domestic gasoline prices led to the boost in revenue.

26 October 2012
Exploration & Production

Shell to evaluate areas available in Brazil's upcoming bidding round

Royal Dutch Shell will evaluate all areas available in Brazil’s upcoming 11th bidding round, Shell Brasil President André Araújo said on Wednesday, according to local press reports.

26 October 2012
Exploration & Production

YPFB Chaco estimates 28 bcm of gas reserves in Chimoré

Bolivia’s state-controlled YPFB Chaco has estimated gas potential of 28 bcm at the Chimoré area in the Cochabamba department, after shooting 3D seismic data.

26 October 2012
Policy & Regulation

Fire and ice in Ecuador

A fiery letter from a United States lawyer excoriating Ecuadorian President Rafael Correa is a reminder of the region’s wobbly rule of law.

26 October 2012
Pipelines, Storage & Power

Elections spoil Puerto Rico’s gasification hopes

The biggest gas project in the Caribbean is falling prey to political machinations concerning Puerto Rico’s environment and its relation to the US.

26 October 2012
Pipelines, Storage & Power

Sempra launches Mexico’s $10 billion pipeline boost

Mexico has launched Latin America’s largest gas pipeline expansion programme, awarding two construction contracts to San Diego-based Sempra Energy this week.

26 October 2012
Companies & Finance

OGX given option to demand subscription of new shares in the company at $3.11 per share

Brazilian billionaire Eike Batista has granted OGX an option to demand the subscription of new shares in the company at a price of BRL 6.30 ($3.11) per share.

25 October 2012
Exploration & Production

BP moves closer to Mexican offshore with tech deal

The UK’s BP has given Mexican state upstream monopoly Pemex free use of its deepwater well-capping technology, in a move which could lead to a future partnership in the Gulf of Mexico.

24 October 2012
Exploration & Production

Exxon takes a lone plunge into Colombian shale

ExxonMobil and Ecopetrol submitted the only shale bids in Colombian latest bidding round, which was meant to herald the country’s unconventional dawn.

19 October 2012
Exploration & Production

Argentina to plug Mendoza into gas matrix

Buenos Aires is attempting to join up the western province – better known for its vineyards -- with the Neuquén Basin, Argentina’s production heartlands.

19 October 2012
Companies & Finance

GDF Suez eyes Repsol LNG assets

GDF Suez has confirmed that the bank managing the sale of Repsol’s LNG assets contacted the French company with details of the holdings that are available.

18 October 2012
Policy & Regulation

Pemex overhaul unlikely in the near future

The liberalisation of Mexico’s state oil and gas monopoly will not be the priority of incoming President Enrique Peña Nieto, despite the election pledges.

18 October 2012
Exploration & Production

HRT and Petrobras to decide on JV by April

Brazilian companies HRT and Petrobras have began working on a preliminary study to commercialise the country’s largest untouched onshore gas fields in the Solimões Basin.

17 October 2012
Companies & Finance

Trinidad-focused explorers join forces

Trinidad and Tobago-based Trinity Exploration has agreed to merge with London-listed Bayfield Energy, giving the newly created entity a larger footprint in the Caribbean island nation. The move is also likely to bring forward plans for Trinity’s public listing.

16 October 2012
Pipelines, Storage & Power

Peruvian pipelines to be doled out in 2013

Local press in Peru has reported that gas transmission projects worth $700 million in the country will be awarded in the first half of next year, although Interfax was not able to confirm the news at the time of going to press.

12 October 2012
LNG

Costa Rica enters Central America’s LNG fray

Costa Rica plans to begin importing LNG in 2016. Government support and clear energy policy could make the project a reality.

11 October 2012
Exploration & Production

Petrobras offshore find confirms giant reservoir

Brazilian state-controlled company Petrobras has announced a gas and condensate discovery in the Santos Basin, around 275 km off the coast of Rio de Janeiro.

11 October 2012
Supply & Demand

Pemex production lowest for five years

Gas production at Mexican state-controlled Pemex fell to 175.8 MMcm/d in September, the company’s lowest output for five years, El Economista newspaper reported on Tuesday.

10 October 2012
Exploration & Production

53 companies qualify for Colombia licensing round

A total of 53 companies have qualified for Colombia’s 2012 oil and gas licensing round, according to a list published by the ANH regulator.

10 October 2012
Pipelines, Storage & Power

Argentina squeezes gains from power plants

Argentina will have 420 megawatts of extra gas-fired power capacity in 2014, after the conversion of two gas-fired power plants into combined units.

10 October 2012

Viewing 1,701-1,720 of 2,310 articles