A well in the Vaca Muerta formation. (YPF) Exploration & Production

Argentina prepares to switch from tight gas to shale

Argentina suffered a production blip in 2017, but its focus on shale drilling might set it on the right path.

By The Wildcat 19 January 2018
Global Markets

Pemex considering gas exploration in Cuba

Mexican President Felipe Calderon said state-controlled Pemex is considering participating in crude and gas exploration and production projects in Cuban territorial waters, according to EFE.

13 April 2012
Companies & Finance

Brazil's Cosan in talks to buy BG Group's stake in Comgas

Brazil's Cosan is in talks to buy BG Group's 60% stake in the country’s gas distributor Comgas.

13 April 2012
Policy & Regulation

Argentina’s Kirchner prepares YPF coup de grace

The political pot-boiler involving Argentina’s largest oil and gas company, YPF, and the country’s President Cristina Fernandez de Kirchner has entered its final chapter.

13 April 2012
Exploration & Production

Kidnapping of Peruvian gas workers is ‘isolated incident’, says expert

Swedish construction company Skanska has told Interfax that 29 of its employees working in Peru’s flagship Camisea gas field are still being held hostage in the country’s Amazon jungle.

11 April 2012
Exploration & Production

TNK-Brasil completes testing of Solimoes river well

Brazil's HRT and TNK-BP subsidiary TNK-Brasil have wrapped up testing of the 1-HRT-5-AM well at the Solimoes river basin block SOL-T-192, having achieved daily gas flow of 370Mcm.

11 April 2012
Companies & Finance

BG Group to invest $2 billion in Brazil R&D

BG Group will invest $2 billion for research and development in Brazil by 2020, the Financial Times reported on Monday.

10 April 2012
Global Markets

Shining Path rebel group kidnap Peruvian gas workers

Members of Peru’s leftist Shining Path rebel group kidnapped dozens of workers in Peru's gas industry on Monday, later freeing some.

10 April 2012
Policy & Regulation

Concerns over Argentina's ‘creeping nationalism’

Pressure from Argentine authorities has extended beyond the country’s dominant producer YPF to international companies, with firms from Brazil, Canada and Italy losing concessions last week. Where will it end?

10 April 2012
Exploration & Production

PDVSA goes it alone at Mariscal Sucre

Venezuela plans to begin tapping its vast offshore gas reserves later this year. The long-term success of these projects, however, will depend on its ability to find an international partner.

5 April 2012
Exploration & Production

Optimism over Uruguay, but few firm drilling plans

Companies that won concessions in Uruguay’s second bidding round have expressed optimism over the country’s potential to become a new offshore oil and gas province, but Interfax understands that Montevideo has only received one firm drilling commitment.

4 April 2012
Exploration & Production

Niko to drill onshore Trinidad & Tobago

Canada-based Niko Resources said on Monday it would begin drilling both the offshore Block 2ab Shadow prospect and the onshore Central Range Tigre prospect in Trinidad and Tobago in June.

3 April 2012
Global Markets

YPF shares down on threat of renationalisation

YPF shares listed in New York closed down by over 15% on Monday after an Argentine newspaper reported at the weekend that President Cristina Fernandez de Kirchner was considering a renationalisation of the company.

3 April 2012
Pipelines, Storage & Power

Teething problems for Peru’s totemic pipeline

Peruvian President Ollanta Humala announced at a mass rally held in the Cuzco region last week that work on the country’s flagship pipeline project, Gasoducto Andino del Sur (GAS), has finally begun after years of delay. However, the pomp and ceremony could not mask the project’s financing and supply problems.

3 April 2012
Policy & Regulation

YPF face shock renationalisation threat in Argentina

Analysts are shocked by Argentine newspaper reports suggesting YPF could soon be renationalised, but some still see the threat as political posturing.

2 April 2012
Pipelines, Storage & Power

Outgoing official torpedoes El Salvador’s LNG plans

El Salvador’s plans to become Central America’s LNG hub have been scuttled by an unexpected ban on infrastructure projects at a proposed site.

30 March 2012
Exploration & Production

Second expansion of Repsol’s giant Bolivian plant underway

Repsol YPF confirmed to Interfax on Thursday it had hired Spanish engineering company Tecnicas Reunidas for the second expansion of the Margarita gas treatment plant in Bolivia, which is critical to increasing exports to neighbouring Argentina.

30 March 2012
Pipelines, Storage & Power

Doubt over Argentina’s extra pipeline for Bolivian gas

Argentina’s contracted imports of Bolivian gas face an uncertain future because of likely delays to a pipeline that would increase capacity between the two countries. Argentina’s state-controlled energy company Enarsa is scheduled to complete an $800 million engineering tender for the Gasoducto del Noreste Argentino (GNEA) pipeline, which will

29 March 2012
Exploration & Production

Second expansion of Bolivia's Margarita plant

Repsol YPF said on Wednesday it had hired Spanish engineering company Tecnicas Reunidas for the second expansion of the Margarita plant in Bolivia, which is key to increasing gas exports to Argentina.

29 March 2012
Supply & Demand

T&T loses $8 million in revenue

Trinidad and Tobago lost $8 million in revenue as a result of frequent interruptions in gas supply to the Port Lisas industrial estate in the last year, Energy Minister Kevin Ramnarine has said.

28 March 2012
Policy & Regulation

Loophole may allow Mexican shale development

Petrochemicals giant Mexichem is looking to develop Mexico’s first unconventional gas project, but to do so it needs the government to offer shale projects as mining permits to bypass the state’s monoploy on hydrocarbons.

28 March 2012

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