The Cameron lng plant in the us LNG

Mexico thinks small for initial LNG exports

Sempra's proposed LNG plant on the Baja California peninsula will be 2.5 mtpa in size and not a large-scale facility as previously thought, although it could be expanded.

By Chris Noon 19 April 2018
Policy & Regulation

Petrobras and Argentina reach Veta Escondida agreement

The government of Argentina's Neuquén province has reached an agreement with the local branch of Brazilian state-controlled company Petrobras, regarding a decision to revoke a concession at Veta Escondida.

28 May 2012
Pipelines, Storage & Power

Power sector looks safe from Argentine government, says executive

An executive from global power giant AES has played down the possibility that the Argentine government will nationalise assets in the electricity sector. However, he admitted the investment climate in the country was more risky after President Cristina Fernandez de Kirchner wrested control of YPF from Spanish company Repsol in April.

25 May 2012
Supply & Demand

Mexican ambitions moderated by US shale bonanza

The United States shale revolution has spilled over the border into Mexico, reducing prices and discouraging upstream developments in Latin America’s largest gas market.

25 May 2012
Pipelines, Storage & Power

Argentina’s main power group edges closer to bankruptcy

Pampa Energía, Argentina’s largest electricity company, said it will default before the end of the year unless the government adjusts the national tariff structure.

24 May 2012
Policy & Regulation

Impatience grows over Brazil’s 11th bidding round

Executives from small and mid-sized explorers active in Brazil expressed frustration at the La Jolla Energy Conference this week over the continued delay to Brazil’s 11th bidding round.

24 May 2012
Supply & Demand

Latin America faces supply deficits by 2020, despite riches

Several countries in Latin America are likely to face supply deficits in 2020, as the region struggles for self-sufficiency despite its huge gas reserves, speakers at the La Jolla Energy Conference in California said on Tuesday.

23 May 2012
Exploration & Production

Argentine shale gas is uncompetitive - CERA

Argentina’s shale gas is not profitable under the country’s current fiscal terms, according to the consultancy IHS CERA.

22 May 2012
Pipelines, Storage & Power

Peru seeks new partners for southern pipeline

Peru is looking for new partners for Gasoducto Andino del Sur (GAS), South America’s largest pipeline project, which will bring gas from the flagship Camisea field to the south of the country.

22 May 2012
Exploration & Production

Gazprom plans 2017 start for Azero

Gazprom plans to begin production from Bolivia’s Azero field in 2017, in what could become the country’s largest greenfield gas project.

22 May 2012
Companies & Finance

YPF to release new strategic plan this month

Argentina’s newly nationalised energy company YPF will devise a strategy for the next three months this week, a company director told Interfax.

22 May 2012
LNG

Repsol reported to have cancelled Argeninte LNG supply contract

Repsol was reported to have cancelled an Argentine LNG supply contract to state-owned Enarsa for delivery of 10 cargoes this year.

21 May 2012
Policy & Regulation

Brazil to remain Bolivia’s gas focus

Bolivia will focus its gas exports on Brazil despite the projected fall in imports in Latin America’s largest economy, according to the head of the association of Bolivian hydrocarbon producers.

21 May 2012
Policy & Regulation

Bolivia to publicise new energy bill by end of June

Bolivia will consult energy companies on a new hydrocarbons bill to overhaul gas regulation in the next 30 to 40 days, Eduardo Alarcón, the country’s vice-minister of exploration and production (E&P), said last week.

21 May 2012
Companies & Finance

Colombian banks close $1.2 bln pipeline debt

Colombian developers Ecopetrol, Pacific Rubiales Energy and Petrominerales have announced that special purpose vehicle company Oleoducto Bicentenario has closed a debt facility worth $1.2 billion with 10 local banks for the development of the first phase of the Bicentenaria oil pipeline.

18 May 2012
LNG

GasAtacama to invest $400 mln in offshore LNG terminal

Chilean company GasAtacama, which is controlled by Empresa Nacional de Electricidad and private equity firm Southern Cross, plans to invest up to $400 million in an offshore LNG regasification terminal in the country’s north, reported the Valor Futuro newswire on Thursday.

18 May 2012
Supply & Demand

Argentine LNG import cost

Argentina may have to pay up to $18/MMBtu for LNG imports like Asian buyers, a research manager at shipping consultant Drewry has told Bloomberg.

17 May 2012
Companies & Finance

Petrobras Q1 earnings down

Brazilian state-controlled company Petrobras reported first-quarter earnings of $5.2 billion, down from $6.6 billion for the same period in 2011, with results impacted by rising operating costs and impairment charges.

17 May 2012
Companies & Finance

Falkland Oil and Gas deny ONGC deal talks

A spokesman from UK-listed Falkland Oil and Gas has denied media reports that Indian company ONGC Videsh was in talks to buy 25% of two exploration blocks in the Falklands’ offshore waters.

17 May 2012
Policy & Regulation

Regime change in Venezuela may only bring muted energy reform

The hotly contested presidential campaign in Venezuela has raised the prospect of defeat for long-serving socialist President Hugo Chávez, which could spur a private investment revival in the country that holds Latin America’s largest proven gas reserves. However, Chávez’ defeat would only bring a partial liberalisation of the country’s ene

17 May 2012
Policy & Regulation

Repsol vs Argentina: chapter one

Repsol launched two legal proceedings against the Argentine government on Tuesday, the first chapter in a lengthy legal battle to secure compensation for the Spanish company’s 51% stake in YPF, which was expropriated by Buenos Aires last month.

16 May 2012

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