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.

By Chris Noon 17 November 2017
Exploration & Production

Brazil has room for infrastructure improvement, say execs

Gas consumption in Brazil has huge potential, but infrastructure improvements on gas-to-power projects and in remote areas are critical to the development of the industry in the country, executives told the Rio Gas Forum on Wednesday.

22 March 2012
Policy & Regulation

Brazil’s 11th bidding round hit by further delay

Brazil’s latest bidding round is waiting for the go-ahead from the country’s energy policy council, but conference delegates in Rio de Janeiro are sceptical of the proposed timeframe.

22 March 2012
Policy & Regulation

Argentine incentives may not fix production woes

More fields will be included in Argenitina’s gas production incentive scheme, but the terms still don’t look attractive enough

21 March 2012
Companies & Finance

Postcard from Copacabana

Chevron’s Brazilian debacle is front-page news in the country. But the man on the street just wants high standards – and fairness.

21 March 2012
Supply & Demand

Panama LNG imports

Panama plans to import LNG in 2015 with the help of the expanded Panama Canal and Repsol YPF’s regional supply.

20 March 2012
Exploration & Production

Market fails to react to HRT gas discoveries

HRT needs to find oil or prove it can sell its gas resources to convince the market of its high-impact exploration campaign in northern Brazil.

20 March 2012
Exploration & Production

Ecuador will need foreign help to exploit new reserves

Ecuador’s discovery of a gas field with proven reserves of 1.7 trillion cubic feet (48.1 billion cubic metres) last week increased its resources by 600%, and was an immediate coup for its new exploration campaign, which was announced in February 2012. Despite confounding analysts’ expectations over exploration, Petroecuador’s attempts to extr

20 March 2012
LNG

Panama eyes LNG imports after canal expansion

Panama is hoping to become the first Central American country to introduce gas into its energy matrix.

20 March 2012
Global Markets

Neuquen prices authorised

Local media has reported that Argentina's Energy Secretariat has authorised Houston-based Apache to sell gas from a field in the Neuquen Basin at prices that are above the domestic average.

19 March 2012
Global Markets

Transocean and Chevron execs barred from leaving Brazil

Brazilian authorities have barred a group of Transocean and Chevron executives from leaving the country, the Wall Street Journal reported on Sunday, which suggests formal criminal charges may follow for the executives' alleged roles in a deep-water oil spill last year.

19 March 2012
Policy & Regulation

Policy confusion further complicates YPF row

Argentina’s government is yet to reveal its aims in the spiraling confrontation with the main energy company YPF, experts told Interfax. The lack of policy clarity is steadily eroding room for compromise, foreshadowing major repercussions for foreign oil and gas investors.

19 March 2012
Policy & Regulation

Indigenous groups demand drilling veto rights

The scope of new community consultations in Peru’s extractive projects remains uncertain, after four of the six largest indigenous organisations refused to sign a government-brokered agreement. The indigenous groups are demanding the right to have a final say on drilling on their land, which the government is refusing to grant.

19 March 2012
Companies & Finance

Venezuela to benefit from Eni investment boost

Caracas’ regional supply ambitions were boosted on Thursday when Italian giant Eni announced a 12% increase in investments until 2015, with production slated to begin from the La Perla field in 2013.

16 March 2012
LNG

Chile’s Quintero LNG nears expansion goal

Chile’s Quintero LNG import terminal could receive the go-ahead for expansion in the second half of the year. The expansion would increase the terminal’s receiving capacity by a third, to 15 million cubic metres per day (MMcm/d) by 2014. Quintero LNG’s commercial arm, GNL Chile, launched a tender for 2.7 million cubic metres per day (MMcm/d)

16 March 2012
Policy & Regulation

Chevron suffers further setback in Brazil

Chevron suffered another setback in Brazil on Thursday, when it told the country’s ANP hydrocarbons regulator that it had stopped production after detecting a “small new seep” of oil at Frade -- the same offshore field where the company suffered a high-profile leak in November 2011. It is particularly bad timing for Chevron, whose chief execu

16 March 2012
Companies & Finance

Schahin begins bond refinancing for latest rig

Brazilian oil and gas engineering firm Schahin has launched a $730 million bond refinancing for the development of the Sertao ultra-deepwater drill ship project, the seventh vessel to join the company's fleet.

16 March 2012
Exploration & Production

Chevron CEO demands equal treatment in Brazilian oil spill

Chevron is asking the Brazilian government for equal treatment in the aftermath of the Frade oil spill, said Chief Executive John Watson.

15 March 2012
Exploration & Production

Caution urged over Colombia’s new frontiers

Colombia’s new frontiers have the potential to flourish, but there is still plenty of geological risk associated with offshore exploration in the country, and the initial development of unconventional gas requires sustained demand from domestic industry, key figures have said.

15 March 2012
Global Markets

The Colombian connection

A glut of Canadian small- and medium-sized companies are drilling in Colombia.It's a story of trade agreements, easy access to capital - and good old tradition.

15 March 2012
Exploration & Production

The Colombian connection

A glut of Canadian small- and medium-sized companies are drilling in Colombia.It's a story of trade agreements, easy access to capital - and good old tradition.

15 March 2012

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