Chile’s GNL Mejillones LNG terminal. Pipelines, Storage & Power

Chile’s northern LNG terminal looks set for busy 2018

Chile’s northern terminal is expecting 50% more cargoes in 2018. Matias Vidal, commercial manager of GNL Mejillones, explains why.

By Chris Noon 20 October 2017
Supply & Demand

Bolivia to boost gas exports to Argentina

Bolivia will boost gas exports to Argentina to 11.6 MMcm/d in 2012 as new gas-processing plant begins operations, said Carlos Villegas, the head of state-controlled company Yacimientos Petroliferos Fiscales Bolivianos.

12 January 2012
Pipelines, Storage & Power

E.On plays down supply concerns as it buys into Brazilian power

German giant E.On confirmed on Wednesday that it bought a 10% stake in Brazil’s MPX Energia, the energy arm of the EBX Group conglomerate controlled by billionaire Eike Batista, the country’s rich

11 January 2012
Supply & Demand

Dominican Republic’s power companies plan new LNG imports

Power companies in the Dominican Republic are planning new LNG terminals to gain access to scarce North American gas supplies.

11 January 2012
Supply & Demand

Decision over Peru’s ‘virtual pipeline’ by April

State-controlled Petroperú and Spain’s Repsol YPF will decide on the feasibility of ‘virtual pipelines’ delivering LNG to southern Peru by April, Interfax has learned.

10 January 2012
Supply & Demand

Peru exports $1.2 billion of LNG

The Peru LNG consortium was the second-largest constituent of the country’s exports between January and October 2011.

10 January 2012
Exploration & Production

Petrominerales to explore over 100 Colombia and Peru prospects

Canadian company Petrominerales will explore over 100 prospects across its Colombian and Peruvian acreage between now and 2015, according to company President Corey Ruttan.

10 January 2012
Exploration & Production

Brazil’s HRT in Amazon anti-climax

The perception of operational risk in the relatively unexplored Amazon rainforest may have increased after news of weak production potential from HRT’s well.

9 January 2012
LNG

Argentina refuses to sign ‘blank cheque’ for LNG

High prices and demand has led to concerns as to whether Argentina will meet its LNG import targets in 2012. However, Buenos Aires may soon launch its third tender in three months to secure the cargoes it needs.

6 January 2012
Exploration & Production

Petrobras bets on infrastructure in 2012 to ease supply

Brazil’s state-controlled company Petrobras expects to grow its gas distribution business by 12.5% in 2012 by opening 14 new distribution points to offer 5.1 million cubic metres per day (MMcm/d) of

6 January 2012
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

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