Brazil’s President Dilma Rousseff is facing impeachment over corruption at Petrobras. (BRICS, Host Photo Agency) Global Markets

Latin America’s clouds have a silver lining

Although most of Latin America had a fairly disappointing year, there were nevertheless one or two reasons to be cheerful.

Leaders of Venezuela’s Democratic Unity Roundtable celebrate their victory in the country’s general election. (PA) Policy & Regulation

Can Venezuela’s energy sector be rescued?

Venezuela’s political opposition dealt a huge blow to the country’s socialist government last week, but experts say energy sector liberalisation will be a long and tortuous process.

Exploration & Production

Offshore explorers team up in Brazil’s Barreirinhas Basin

Maritime service provider Inchcape Shipping Services has signed a contract with specialist geoscience company CGG offshore Brazil.

22 December 2015
Companies & Finance

Gas Natural Fenosa to invest $1.1 bln in Chile’s network

Spain’s Gas Natural Fenosa has announced plans to invest $1.1 billion over the next decade in Chile’s gas network.

22 December 2015
Exploration & Production

YPF and Dow Chemical to drill Vaca Muerta

Argentina’s YPF agreed a $500 million joint venture with Dow Chemical this week to drill for gas in the Vaca Muerta shale in 2016.

16 December 2015
Global Markets

Latin America’s winners and losers

Argentina and Chile are the most obvious ‘winners’ from the oil price rout in Latin America and the Caribbean.

14 December 2015
The VMM-3 Block in Colombia’s Middle Magdalena Basin. Exploration & Production

Conoco bets on Colombian shale while Shell retreats

ConocoPhillips has beefed up its presence in Colombia’s shale-rich Middle Magdalena Valley, and it is seeking the green light to get fracking.

10 December 2015
Supply & Demand

Latin America’s LNG bill down 25% in 2015

Brazil, Mexico, Argentina and Chile are on course to save around 25% on their LNG spending in 2015, despite importing almost unchanged volumes.

8 December 2015
An artist’s impression of the FLNG plant. Its future is now uncertain. (CNW Group/Pacific Rubiales) LNG

Gazprom blames Pacific for Colombian LNG exit

Gazprom will no longer buy LNG from a plant on Colombia’s Caribbean coast in what is another setback for the project.

8 December 2015
LNG

Gazprom Marketing & Trading cancels SPA with Pacific Rubiales

Gazprom Marketing & Trading (GMT) has cancelled a sales and purchase agreement with Pacific Rubiales, according to unconfirmed media reports.

4 December 2015
Companies appear optimistic about Argentina since Mauricio Macri’s election victory. (PA) Exploration & Production

Argentina back on the supermajor radar

The supermajors look set to flock back to shale-rich Argentina as a new government is appointed, with Shell leading the way.

3 December 2015
Workers on the Venezuela-Colombia pipeline. Ecopetrol has confirmed it will start importing Venezuelan gas. (PA) Supply & Demand

Colombia gears up for role reversal in Caribbean

Colombia is set to start importing Venezuelan gas and will take more and more over the next few years, marking an end to Bogota’s eight-year export regime.

1 December 2015
Exploration & Production

Colombia will feel the crunch by 2017

Colombia will start importing gas from Venezuela in January, but will need LNG by 2017 to plug a looming supply-demand shortfall.

30 November 2015
Exploration & Production

Argentine shale gas bonanza beckons

Operators are driving down well costs and opening up a new growth phase in Argentina’s Vaca Muerta shale formation, Wood Mackenzie analysts tell Interfax.

26 November 2015
Exploration & Production

Russian companies interested in Bolivia – Putin

Russian companies are interested in working in Bolivia, Russian President Vladimir Putin said at a recent meeting with his Bolivian counterpart, Evo Morales.

24 November 2015
Policy & Regulation

Change will be slow in Argentina, experts say

Argentina’s President-elect Mauricio Macri has promised market-friendly policies, but he will face numerous political obstacles, analysts say.

24 November 2015
Exploration & Production

Confidence builds over Argentina’s Vaca Muerta

Flow rates at Vaca Muerta wells are mirroring those of the Eagle Ford formation in the US, says Wood Mackenzie.

23 November 2015
Supply & Demand

Bolivia’s Margarita-Huacaya gas block increases production

Production from Bolivia’s Margarita-Huacaya gas block has increased from 18 million cubic metres per day (MMcm/d) in May to 19 MMcm/d in November.

20 November 2015
Argentinian presidential candidate Mauricio Macri, who could probably use a drink once his campaign’s over. (PA) Policy & Regulation

Is Argentina’s glass half-full?

Mauricio Macri is the favourite to win Argentina’s presidential election on Sunday. However, his market-friendly policies have been light on detail.

20 November 2015
LNG

Investors weigh Chile’s ‘virtual pipelines’

Chilean LPG distribution giant Lipigas is seeking cash to grow its embryonic LNG truck-loading business, with an initial public offering of shares planned for 4 December.

20 November 2015
Companies & Finance

Chilean gas distributor plans public offering

Chile’s gas distributor Lipigas plans to launch a public offering of shares on the Santiago Stock Exchange in early December – the country’s first IPO since 2013.

18 November 2015
Mexico’s Manzanillo LNG terminal, the destination for most of Peru’s LNG cargoes. (Samsung C&T) LNG

Peru’s annus horribilis?

Customs checks on LNG vessels bound for Mexico could be complicating exports from Peru, according to a Pisco-based source.

17 November 2015

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