Anatoly Kurmanaev

Neuquén’s Blue Network may greenlight shale boom

Argentina’s arid Neuquén province hopes to develop the first large-scale shale production outside of North America by creating a network of canals and waterpipes connecting unconventional fields to Andean rivers.

13 November 2013

Brazil’s royalties deal puts bidding round in sight

The world’s future oil and gas giant plans to offer the first new acreage in five years, after striking a national deal on oil royalties, but only if the resource-poor states can bury the hatchet.

7 December 2012

Colombia plans new gas market manager

The Colombian government plans to begin the process of selecting a new national gas market administrator in Q1 2013, the head of the country’s energy regulator told Interfax on Tuesday.

6 December 2012

Mexican postpones LNG import boost

Mexico has postponed a deal to increase LNG imports amid worsening gas shortages. The energy ministry is awaiting the go-ahead from new President Enrique Peña Nieto, who took office on Saturday, to allow industrial buyers to purchase gas from the Manzanillo regasification terminal.

4 December 2012

Argentina rekindles northeastern gas trunkline hopes

Argentina’s government has relaunched a tender for the troubled Gasoducto del Noreste Argentino (GNEA) trunkline despite ongoing financing concerns.

4 December 2012

Legal uncertainty freezes Peruvian bidding round

Peru has indefinitely delayed its ill-fated oil and gas bidding round because of unresolved ambivalence on the new law on indigenous consultation.

29 November 2012

Colombia launches gas market overhaul

Colombia has launched a reform of its wholesale gas market, which would substitute bilateral supply contracts for public tenders and create a spot market.

28 November 2012

Pampa prays for government lifeline

Pampa Energía, Argentina’s largest utility, is relying on a prompt tariff increase by Buenos Aires to remain in business next year.

23 November 2012

Mariscal Sucre pipelines inch towards completion

Venezuela’s massive Mariscal Sucre offshore development is expected to enter production in H1 2013, becoming the first gas project in the west of the country. Pipelines connecting the Patao and Dragón dry gas fields to the mainline and markets are being laid after years of delays.

20 November 2012

Talk of the Barrio - Latin American gas market round-up

Monthly round up of Latin American market developments

20 November 2012

Wintershall to exit Chile gas blocks on weak drilling results

Germany’s Wintershall has decided to abandon gas exploration in Chile, following disappointing drilling results

16 November 2012

Nationalisation hits YPF profitability

The financial performance of Argentina’s YPF took a deep dive during its first full quarter under state control.

8 November 2012

Neuquén upstream pledges jump 50% on shale boom

Neuquén, Argentina’s largest gas-producing region, expects a 50% rise in upstream investment next year as a result of rising interest in the province’s shale deposits.

6 November 2012

‘Pesification’ fears complicate YPF investments

Falling confidence in Buenos Aires ability to pay back its debt in dollars has hurt the ability of state-controlled YPF to carry out its planned overhaul the national oil and gas industry.

5 November 2012

Total commits to Uruguay with shale deals

Total is taking two shale blocks in northern Uruguay, underlining growing investor interest in South America’s second smallest country.

1 November 2012

BG steels for the Mosquito Coast

BG is considering acreage off the Caribbean coast of Honduras, in what would become the Reading-based company’s most adventurous exploration project.

31 October 2012

Argentine gas workers rattle price control system

Argentine downstream workers have ended their strike after agreeing a wage rise, in a move which has further undermined the energy subsidies of President Cristina Fernández de Kirchner.

30 October 2012

Elections spoil Puerto Rico’s gasification hopes

The biggest gas project in the Caribbean is falling prey to political machinations concerning Puerto Rico’s environment and its relation to the US.

26 October 2012

Sempra launches Mexico’s $10 billion pipeline boost

Mexico has launched Latin America’s largest gas pipeline expansion programme, awarding two construction contracts to San Diego-based Sempra Energy this week.

26 October 2012

BP moves closer to Mexican offshore with tech deal

The UK’s BP has given Mexican state upstream monopoly Pemex free use of its deepwater well-capping technology, in a move which could lead to a future partnership in the Gulf of Mexico.

24 October 2012

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