Container ship in the panama canal Pipelines, Storage & Power

El Salvador’s LNG-to-power to make strides in H1 2018

The Central American country is not banking on cheap supplies from the United States or Henry Hub-indexed fuel for its LNG-to-power project.

By Chris Noon 23 November 2017
Pipelines, Storage & Power

Puerto Rico turns to gas to reduce costs

The United States territory of Puerto Rico has embarked on the largest gasification project in the Caribbean in decades, with plans to convert 2.7 gigawatts of electricity generation capacity in the n

1 February 2012
Companies & Finance

TNK-BP’s Amazon farm-in takes shape

TNK-BP will pay instalments to Brazilian independent HRT when certain milestones are reached.

30 January 2012
LNG

Lack of deals delays Colombian LNG project

Start-up of the country’s first LNG export plant is delayed by nearly two years to mid-2014 because of delays in securing customers.

27 January 2012
Exploration & Production

Bidding round postponed in Argentina’s breadbasket

Argentina’s Neuquén province has postponed its highly anticipated fourth oil and gas bidding round to redraw its regulatory framework in light of the region’s shale boom.

26 January 2012
LNG

Chile’s rapid hydro development could hit LNG imports

Plans for large hydro projects in the country’s south may make LNG imports for gas-fired generation uncompetitive.

26 January 2012
Exploration & Production

Colombia: year of the supermajor?

Colombia, one of the world’s best prospects, has one missing jigsaw piece – a supermajor. Will 2012 be the year the country finally attracts one?

25 January 2012
Supply & Demand

Slumping US prices cause tectonic shift in T&T LNG

Slumping prices in North America continue to divert Trinidad and Tobago’s LNG exports away from the United States, without adversely impacting the Caribbean country’s balance sheet, its government claimed at the weekend. Energy minister Kevin Ramnarine said in a statement that 81% of local LNG exports went to markets outside of the US in 2011.

23 January 2012
Companies & Finance

Petrobras Chief Executive Gabrielli ousted

Brazilian state-controlled company Petrobras has ousted Chief Executive Jose Sergio Gabrielli. Gabrielli will be replaced by the head of Petrobras' gas and energy unit, Maria das Graças Foster, who is close to Brazilian President Dilma Rousseff.

23 January 2012
Exploration & Production

Pre-salt production growth gathers pace in Brazil

Brazilian state-controlled company Petrobras said on Thursday that domestic gas production reached 56.37 million cubic metres per day (MMcm/d) in 2011, which was 6.2% higher than in 2010.

20 January 2012
Exploration & Production

Repsol poised for historic drilling offshore Cuba

Spain’s Repsol YPF is set to spud the first deepwater well offshore Cuba for seven years between 20 and 24 January, Interfax has learned.

19 January 2012
Companies & Finance

US court overturns Argentinian settlement

An appeals court in the US on Tuesday overturned a ruling requiring Argentina to pay $185.3 million to BG Group to settle a claim from the UK-based company that a price freeze caused the bankruptcy of the Metrogas gas distributor it controlled.

18 January 2012
Exploration & Production

Tullow-Shell tie-up hints at Atlantic drilling struggle

Investors thought the news was a sign of more challenging exploration outlook for Tullow, which prides itself on opening up underexplored frontier basins in Africa and Latin America.

18 January 2012
Exploration & Production

Brazil startles market with pre-salt auction target of 2012

Legislative progress may still be hampered by continuing disagreement between Brazil’s states over the partition of royalties

17 January 2012
Policy & Regulation

Argentina not willing to make price concessions for swifter development

The Argentinian Planning Minister Julio de Vido, said on Monday that the government is not willing to make price concessions to oil and gas companies in exchange for swifter development of the country's vast unconventional hydrocarbon resources.

17 January 2012
Supply & Demand

Morales concerned over export markets

Bolivian President Evo Morales expressed concern on Saturday over the possibility that Argentina and Brazil, the only export markets for Bolivian gas, will stop importing the fuel.

16 January 2012
Exploration & Production

Rockhopper seeks partner for South Atlantic find

Rockhopper Exploration, the UK oil and gas company focused on the Falkland Islands, has started work on plans to find a partner to develop a big oil discovery in the South Atlantic, reported the Financial Times on Monday.

16 January 2012
Exploration & Production

Brazil’s 11th licensing round imminent

The Brazilian energy ministry has confirmed to Interfax that the country’s President Dilma Rousseff will authorise Brazil’s 11th licensing round, which includes 174 oil and gas exploration areas, in the coming weeks.

16 January 2012
Exploration & Production

Apache under fire in Argentina’s Neuquén province

The indigenous Mapuche community in Argentina’s Neuquén province has claimed that it has halted shale drilling operations at the Anticlinal Campamento field carried out by Houston-based explorer Apache.

13 January 2012
Exploration & Production

Pre-salt discoveries boost Petrobras reserves

Brazilian state-controlled company Petrobras said on Thursday that its proved hydrocarbon reserves were 16.41 billion barrels of oil equivalent (bboe)as of 31 December 2011, which is 2.7% higher than

13 January 2012
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

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