Container ship in the panama canal Pipelines, Storage & Power

El Salvador’s LNG-to-power to make strides in H1 2018

The Central American country is not banking on cheap supplies from the United States or Henry Hub-indexed fuel for its LNG-to-power project.

By Chris Noon 23 November 2017
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
Policy & Regulation

Colombia’s light-touch regulation to attract petrodollars

Foreign companies looking to invest in Colombia’s gas sector will benefit from purpose-made favourable regulation for both conventional and unconventional production.

14 March 2012
Pipelines, Storage & Power

Peru’s pipeline monopoly concerns power sector

Limited transport options from Peru’s flagship Camisea field are beginning to cause problems for the country’s booming gas-to-power sector.

14 March 2012
Policy & Regulation

Chubut confirms imminent cancellation of two YPF licences

Argentina’s southern Chubut province is planning to revoke two of YPF's field licences.

14 March 2012
Exploration & Production

Pemex lifts shale estimates, plans to drill six wells this year

Pemex appears to have widened the range for the country's shale gas reserves, giving a higher midpoint than last year’s estimate

13 March 2012
Exploration & Production

BP in Brazil: the ‘mirror’ theory has new convert

BP has acquired its first blocks offshore northern Brazil in the latest exploration deal for deepwater Atlantic acreage.

13 March 2012
Exploration & Production

Ecopetrol to launch Colombia’s third largest gas field by June

Ecopetrol is launching gas production at the giant Cupiagua oil field in Colombia’s latest associated gas project.

12 March 2012
Policy & Regulation

YPF dividend

Argentina’s government has asked oil and gas major YPF to withhold dividend payments for 2010 and 2011 and invest the funds instead to boost flagging exploration and production, Reuters reported on Thursday.

12 March 2012
Companies & Finance

YPF considers record spending as row intensifies

Argentina’s YPF is considering raising its capital expenditure to multi-billion-dollar highs, but only if Buenos Aires agrees to lay off the company’s back.

12 March 2012
Pipelines, Storage & Power

Bolivan GVT pipeline to start transporting

The Villamontes Tarija (GVT) gas pipeline in Bolivia will start transporting 17.3 MMcm/d of gas as of April this year, SeeNews reported on Monday.

12 March 2012
Exploration & Production

Trinidad and Tobago tempts major players with deepwater revamps

Trinidad and Tobago will offer six deepwater blocks in the 2012 competitive bidding order, details of which are likely to be published by the end of March, the senior state counsel at the country’s energy ministry has told Interfax.

9 March 2012
Companies & Finance

Brazilian player sourcing local debt for gas-fired scheme

Brazilian integrated energy developer MPX is closing in on a locally funded project finance facility to back construction of the Parnaiba gas-fired power station in the north of the country.

9 March 2012

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