A photo of gas installations in Argentina’s Neuquén province. Companies & Finance

BP relaxes its grip on Argentine oil and gas producer

BP is giving up control of the boardroom at Argentine giant Pan American Energy, and it could be a canny move by the supermajor.

By The Wildcat 21 September 2017
Exploration & Production

Statoil shuffles Americas portfolio

Norwegian state-controlled company Statoil has said it will farm out a portion of two offshore concessions in Brazil to Canadian company Gran Tierra Energy.

16 September 2011
Exploration & Production

First gas ‘pumped’ from Brazil’s pre-salt

The BNamericas news agency has reported that Brazil's state-controlled company Petrobras has started pumping gas from the Lula field, the pre-salt region of the Santos Basin that has yielded the largest oil and gas find of the past 30 years.

16 September 2011
Policy & Regulation

Squabbles over Brazil’s pre-salt spoils may delay auctions

The fair partition of royalty revenue between states appears to be the hardest knot to unravel in the country’s new pre-salt legislation.

15 September 2011
Exploration & Production

Rockhopper’s $2 billion plan has no room for gas

UK-based Rockhopper Exploration, which is investing $2 billion in offshore oil production to the north of the Falkland Islands archipelago in the South Atlantic Ocean, has no current plans to drill for gas, Interfax has learned.

15 September 2011
Companies & Finance

Bossa nova: Challenges for Brazil’s new wave of producers

A group of privately owned Brazilian gas companies is emerging as competition for the state-owned Petrobras. However, their ambitions may be curbed by poor infrastructure availability.

14 September 2011
Exploration & Production

OGX picks up further Parnaíba Basin assets

Brazilian oil and gas company OGX Petroleo e Gas Participacoes, which is controlled by billionaire Eike Batista, said on Monday that the country's ANP hydrocarbons regulator had approved its acquisition of a 50% stake in a block situated in the northern Parnaíba Basin.

13 September 2011
Policy & Regulation

Colombia no longer a security ‘special case’

Rising environmental awareness and localism, rather than poor security, are now the largest risks to oil and gas operations in Colombia.

12 September 2011
Exploration & Production

Uruguay hopes for second time lucky with offshore licensing round

Uruguay's President José Mujica has launched the country's second offshore oil and gas licensing round. A total of 15 previously unexplored blocks located on Uruguay's continental platform will be offered in a process called ‘Round Uruguay II’.

9 September 2011
LNG

Dominican Republic boosts LNG cargoes to fuel booming economy

The largest economy in the Caribbean, the Dominican Republic, may receive up to 16 LNG cargoes next year to help fuel a growing industrial sector and public transport system.

9 September 2011
Companies & Finance

Deep ambition

Pemex’s doubling of its stake in Repsol YPF has aroused suspicion of a takeover and prompted the Spanish firm to refer the deal to regulators, but it’s more likely the move is about gaining access

9 September 2011
Policy & Regulation

A pinch of risk in Brazil’s pre-salt (Part 2)

Interfax wrote on Thursday that the real risk in Brazil’s hydrocarbon-rich ‘pre-salt’ blocks is operational, not political. In the second part of this two-part feature, Interfax examines the new

9 September 2011
Policy & Regulation

A pinch of risk in Brazil’s pre-salt (Part 1)

Foreign companies who win oil and gas blocks in future pre-salt auctions will feel the Brazilian state’s influence at every administrative level. In the first of this two-part series, Chris Noon examines the state's new arrangements for its deep-water reserves.

9 September 2011
Exploration & Production

Public tender will decide Peru’s block auctions this year

The Peruvian government has confirmed that it will abandon bilateral negotiations with oil and gas companies as part of the process by which it awards hydrocarbon contracts.

8 September 2011
Policy & Regulation

Shale incentives to tackle Argentina’s supply deficit

As LNG imports triple, President Cristina Fernandez de Kirchner’s government is likely to further relax regulation and pricing associated with shale gas.

7 September 2011
Exploration & Production

Return to Gulf of Mexico brings instant reward

The return of oil and gas giants to the Gulf of Mexico is in full swing, with both United States-based Chevron and UK-based BP announcing exploration and production successes on Tuesday and Wednesday.

7 September 2011
Exploration & Production

Uruguay to announce round two licensing awards in Q3 2012

Ancap, Uruguay’s national oil company, will launch the second round licensing tender on 7 September for the its 15 oil and gas offshore Punta del Este and Pelotas Basins blocks, with the awards expected to be announced in the third quarter of 2012, a company spokesman told BNAmerica this week.

6 September 2011
Policy & Regulation

Not everyone believes Mexico’s foreign investment promises

Analysts are divided on how much control will be given to foreign companies that are seeking exploration and production opportunities in Mexico.

6 September 2011
Pipelines, Storage & Power

First phase of Caribbean pipeline by end 2011

he 54 km pipeline linking Trinidad to Tobago, the first inter-island connection in the Caribbean, will be complete by the end of the year. From there, it’s on to Barbados, but many hurdles still remain.

5 September 2011
Pipelines, Storage & Power

Ecuador chooses hydropower over gas

Ecuador appears to be leaning towards hydropower rather than gas for its future electricity needs.

2 September 2011
Pipelines, Storage & Power

Auctions for Brazil’s pipelines likely next year

Brazil's Ministry of Mines and Energy has told Interfax that auctions for gas pipelines in the country could take place next year, depending on the results of studies for the expansion of the network.

2 September 2011

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