A gas-fired power barge in Santo Domingo, Dominican Republic. LNG

Dominican Republic looks toward gas-fired future

Rubén Jiménez Bichara, an official at the Dominican Republic’s power market coordinator, discusses the future of the country’s gas market.

By Chris Noon 15 February 2018
Exploration & Production

Kidnapping of Peruvian gas workers is ‘isolated incident’, says expert

Swedish construction company Skanska has told Interfax that 29 of its employees working in Peru’s flagship Camisea gas field are still being held hostage in the country’s Amazon jungle.

11 April 2012
Exploration & Production

TNK-Brasil completes testing of Solimoes river well

Brazil's HRT and TNK-BP subsidiary TNK-Brasil have wrapped up testing of the 1-HRT-5-AM well at the Solimoes river basin block SOL-T-192, having achieved daily gas flow of 370Mcm.

11 April 2012
Companies & Finance

BG Group to invest $2 billion in Brazil R&D

BG Group will invest $2 billion for research and development in Brazil by 2020, the Financial Times reported on Monday.

10 April 2012
Global Markets

Shining Path rebel group kidnap Peruvian gas workers

Members of Peru’s leftist Shining Path rebel group kidnapped dozens of workers in Peru's gas industry on Monday, later freeing some.

10 April 2012
Policy & Regulation

Concerns over Argentina's ‘creeping nationalism’

Pressure from Argentine authorities has extended beyond the country’s dominant producer YPF to international companies, with firms from Brazil, Canada and Italy losing concessions last week. Where will it end?

10 April 2012
Exploration & Production

PDVSA goes it alone at Mariscal Sucre

Venezuela plans to begin tapping its vast offshore gas reserves later this year. The long-term success of these projects, however, will depend on its ability to find an international partner.

5 April 2012
Exploration & Production

Optimism over Uruguay, but few firm drilling plans

Companies that won concessions in Uruguay’s second bidding round have expressed optimism over the country’s potential to become a new offshore oil and gas province, but Interfax understands that Montevideo has only received one firm drilling commitment.

4 April 2012
Exploration & Production

Niko to drill onshore Trinidad & Tobago

Canada-based Niko Resources said on Monday it would begin drilling both the offshore Block 2ab Shadow prospect and the onshore Central Range Tigre prospect in Trinidad and Tobago in June.

3 April 2012
Global Markets

YPF shares down on threat of renationalisation

YPF shares listed in New York closed down by over 15% on Monday after an Argentine newspaper reported at the weekend that President Cristina Fernandez de Kirchner was considering a renationalisation of the company.

3 April 2012
Pipelines, Storage & Power

Teething problems for Peru’s totemic pipeline

Peruvian President Ollanta Humala announced at a mass rally held in the Cuzco region last week that work on the country’s flagship pipeline project, Gasoducto Andino del Sur (GAS), has finally begun after years of delay. However, the pomp and ceremony could not mask the project’s financing and supply problems.

3 April 2012
Policy & Regulation

YPF face shock renationalisation threat in Argentina

Analysts are shocked by Argentine newspaper reports suggesting YPF could soon be renationalised, but some still see the threat as political posturing.

2 April 2012
Pipelines, Storage & Power

Outgoing official torpedoes El Salvador’s LNG plans

El Salvador’s plans to become Central America’s LNG hub have been scuttled by an unexpected ban on infrastructure projects at a proposed site.

30 March 2012
Exploration & Production

Second expansion of Repsol’s giant Bolivian plant underway

Repsol YPF confirmed to Interfax on Thursday it had hired Spanish engineering company Tecnicas Reunidas for the second expansion of the Margarita gas treatment plant in Bolivia, which is critical to increasing exports to neighbouring Argentina.

30 March 2012
Pipelines, Storage & Power

Doubt over Argentina’s extra pipeline for Bolivian gas

Argentina’s contracted imports of Bolivian gas face an uncertain future because of likely delays to a pipeline that would increase capacity between the two countries. Argentina’s state-controlled energy company Enarsa is scheduled to complete an $800 million engineering tender for the Gasoducto del Noreste Argentino (GNEA) pipeline, which will

29 March 2012
Exploration & Production

Second expansion of Bolivia's Margarita plant

Repsol YPF said on Wednesday it had hired Spanish engineering company Tecnicas Reunidas for the second expansion of the Margarita plant in Bolivia, which is key to increasing gas exports to Argentina.

29 March 2012
Supply & Demand

T&T loses $8 million in revenue

Trinidad and Tobago lost $8 million in revenue as a result of frequent interruptions in gas supply to the Port Lisas industrial estate in the last year, Energy Minister Kevin Ramnarine has said.

28 March 2012
Policy & Regulation

Loophole may allow Mexican shale development

Petrochemicals giant Mexichem is looking to develop Mexico’s first unconventional gas project, but to do so it needs the government to offer shale projects as mining permits to bypass the state’s monoploy on hydrocarbons.

28 March 2012
Policy & Regulation

YPF exploration focus narrows as Salta revokes a concession

Salta became the fifth Argentina province to revoke oil and gas concessions held by YPF, but the moves still appear to be political posturing, with the company holding onto fields that provide most of its output.

27 March 2012
Policy & Regulation

Time is running out for Bolivia

Despite the grandiose infrastructure plans, Bolivia’s domestic gas sector is stagnating. As neighboring Brazil and Argentina build alternative supply channels, Bolivia’s time to develop alternative markets for its gas is running out.

26 March 2012
Global Markets

Currency ratings downgrades

Ratings agency Moody's said on Monday that it had downgraded the currency ratings of five companies active in Argentina because of government interference in the oil and gas sector and increased unpredictability in the country.

26 March 2012

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