Petrobras is ready to leave the jungle. (Petrobras) Exploration & Production

I’m a state company, get me out of here!

Brazilian state giant Petrobras is selling its Azulão field in the Amazonian jungle. The property looks tailor-made for Eneva or Rosneft Brasil.

By The Wildcat 23 May 2017
Exploration & Production

Trinidad and Tobago plans September bidding round

Trinidad and Tobago plans to launch a new oil and gas bidding round in September, Reuters reported the country’s energy minister, Carolyn Seepersad-Bachan, as saying on Wednesday.

16 June 2011
Pipelines, Storage & Power

Bolivia-Argentina pipeline opens this month

The official opening of the 27.7 thousand cubic metres per day (Mcm/d) Integración Juna Azurduy (GIJA) gas pipeline linking Bolivia and Argentina will take place on 30 June, according to state-owned Bolivian oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).

13 June 2011
Supply & Demand

Bolivian gas exports rise by 35%

Bolivian gas exports to Brazil and Argentina rose by 35% year-on-year in the first four months of 2011, according to state-owned oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos.

9 June 2011
Exploration & Production

Central Resources buys six Brazilian oil and gas concessions

Central Brazil Coöperatief, an affiliate of United States (US) based Central Resources, has acquired six oil and gas concessions in Brazil from a unit of Koch Industries.

8 June 2011
Companies & Finance

Americas Petrogas expands drilling in Argentina with new acquisition

Canadian oil and gas company, Americas Petrogas, is expanding its operations in Argentina with the acquisition Energicon and continued drilling for oil and gas in the Neuquén Basin, the company said on Friday.

6 June 2011
Pipelines, Storage & Power

Bolivia to profit $6 billion per year from new gas pipeline

The new 27.7 thousand cubic metre per day (mcm/d) gas pipeline between Bolivia and Argentina, Gasoducto Integración Juana Azurduy (GIJA), will bring in profits of $6 billion per year for Bolivia from 2015, the Bolivian energy ministry said on Friday.

3 June 2011
Peru's presidential candidates Ollanta Humala, right, and Keiko Fujimori shake hands after their presidential debate in Lima, Peru. With political and legal uncertainty, the future of Peru’s gas industry is unclear. (PA) Exploration & Production

Peruvian gas policy at crossroads on the eve of elections

The gas industry in Peru is likely to go through changes regardless of who is elected president on 5 June.

3 June 2011
LNG

Vopak, Enagas buy Mexican LNG terminal from Shell

Vopak, a Dutch tank storage service provider, and Enagas, the Spanish grid operator, have agreed to buy the Altamira LNG import regasification terminal on the east coast of Mexico from current owners Shell (50%), Total (25%) and Mitsui (25%), the companies said on Thursday.

2 June 2011
Companies & Finance

OGX issues $2.6 billion in unsecured notes

Brazilian independent OGX Petróleo e Gáshas issued $2.563 billion in unsecured notes to be used to fund development of its substantial natural gas discoveries.

1 June 2011
Supply & Demand

Asia, Latin America head up global LNG demand growth – BoA Merrill Lynch

Worldwide LNG imports in March increased by 12% compared with the same month the previous year, with the strongest growth coming from Asia and Latin America, United States bank BoA Merrill Lynch said in a report on Wednesday.

1 June 2011
Poor sugar cane harvests have contributed to a wider adoption of natural gas to fuel vehicles as demand for ethanol exceeds supply. (PA) Policy & Regulation

Brazil’s ethanol shortage paves way for burgeoning NGV market

A number of factors have lead to Brazil moving their focus purely from ethanol to developing the use of natural gas. Leigh Elston investigates the reasoning behind the move and the implications thereof on the Brazilian fuel market.

31 May 2011
LNG

Escobar LNG terminal set for completion in June

The 14 thousand cubic metre per day (Mcm/d) Escobar LNG imports terminal in Argentina will be completed by mid-June 2011, a spokesman for private oil and gas company, YPF, confirmed.

31 May 2011
Natural gas storage tanks. (PA) Supply & Demand

Uncertain outlook for Argentinian demand growth

The outlook for natural gas demand in Argentina remains uncertain as questions hang over the sustainability of the country’s current strong economic growth rate.

26 May 2011
Exploration & Production

Total announces new Bolivian gas discovery

French oil and gas company Total has announced a new gas and condensate discovery on the Aquio block in the Bolivian part of the Andean foothills.

19 May 2011
Exploration & Production

OGX confirms commerciality of first Brazil gas fields

OGX Petroleo e Gas said on 17 May that the California and Fazenda Sao Jose natural gas discoveries in north-east Brazil are commercially viable.

18 May 2011
Supply & Demand

Bolivian gas prices low enough to compete with LNG

Bolivian prices for natural gas are low enough to compete with LNG imports in the Latin American region, the president of Bolivian oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Carlos Villegas Quiroga, has said

18 May 2011
Companies & Finance

PetroVietnam buys a stake in Peru exploration block

State-run PetroVietnam has bought a 35% stake in Block 39 in Peru from Burlington Resources Peru, a subsidiary of ConocoPhillips. PetroVietnam expects the Peruvian government to approve the transaction within the next few weeks.

18 May 2011
An employee of PDVSA holds a sign that reads in Spanish: Exploration & Production

Offshore tax hike darkens Venezuela’s gas export prospects

An April hike in offshore taxes represents a threat to output growth plans as PdVSA now has less money to invest in the country's gas industry.

18 May 2011
Anne-Sophie Corbeau, senior gas expert at the International Energy Agency. (IEA) Exploration & Production

Interview: IEA’s Anne-Sophie Corbeau

Anne-Sophie Corbeau, senior gas expert at the International Energy Agency, discusses the development of Brazil’s gas market, the increase in LNG imports and the difficulties of attracting private investment into the fast-growing domestic gas sector.

17 May 2011

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