Exploration & Production

Argentina’s drillers in the dark over price

Argentina’s gas producers are reluctant to drill unless Buenos Aires provides clues to future wellhead prices – including the country’s generous rewards for new output.

LNG

Pacific best for Colombia’s next LNG terminal – report

Colombian authorities have run the numbers on a looming gas deficit and favour a second LNG terminal on the Pacific coast.

The Caribbean FLNG vessel. It is now ready for operations but its destination is uncertain. (Exmar) LNG

The world’s first FLNG vessel needs a job

The world’s first FLNG vessel is all dressed up but has nowhere to go, and Exmar has been tight-lipped about alternative locations.

4 October 2016
Global Markets

Peru licks its wounds from bear market

Peru has been making nearly $90 million less from oil and gas royalties per month in 2016 compared with 2014.

3 October 2016
An LNG tanker at Peru’s Pampa Melchorita plant. The country is trying to reduce its exports to Mexico. (Repsol) LNG

Peru hobbled by its LNG contracts

Peru wants higher-priced markets for its LNG, but experts say the country has limited control over its cargoes.

29 September 2016
The Höegh Gallant FSRU. The company has supplied a similar vessel to Colombia. (Höegh) LNG

A tale of two facilities in Colombia

The bear market has had stark consequences for Colombia’s nascent LNG sector, with a proposed floating project dead in the water.

28 September 2016
Supply & Demand

South American LNG market hinges on weather

Estimating South America’s future LNG demand is a guessing game, mainly because of the weather.

26 September 2016
Exploration & Production

Gazprom to study three Bolivian blocks

Gazprom has signed an exclusive agreement to study three licensed blocks in Bolivia.

23 September 2016
Stephen Luxton, director of mineral resources for the Falkland Islands. (Falkland Islands Government) Exploration & Production

A fresh chapter for the Falkland Islands?

Stephen Luxton, director of mineral resources for the Falkland Islands, talks about what warmer UK-Argentine relations mean for oil and gas.

23 September 2016
Exploration & Production

Canacol doubles gas drilling activity in Colombia

Colombia’s Canacol Energy will accelerate its gas business in the country and plans to drill three new gas wells, the company said in its new capital plan.

22 September 2016
PAE wants its own portion of the Aguada Pichana block, which it currently shares with YPF and others. (YPF) Exploration & Production

Does BP want a driving seat in Argentine shale play?

BP’s Argentine business is unwilling to ride shotgun in the giant Vaca Muerta shale play, sources tell Wildcat.

21 September 2016
Exploration & Production

Bolivia’s Incahuasi field launches commercial production

Bolivia’s Incahuasi field has entered commercial production, according to Russia’s Gazprom, which is part of the consortium developing it.

19 September 2016
Supply & Demand

Latin America saving billions on gas imports

Brazil, Argentina, Mexico and Chile spent around 43% less on gas imports in H1 2016 compared with H1 2015, according to customs data.

19 September 2016
The Golar Spirit vessel docked in Brazil. Kogas has leased it until 2018. (Golar LNG) LNG

Kogas may take bold bet on Brazilian LNG

Kogas has proposed building an LNG terminal in northeastern Brazil, but there are doubts about the venture’s profitability.

16 September 2016
Source: Baker Hughes Exploration & Production

Latin America’s gas-focused drilling stagnates

Gas-focused drilling in Latin America stagnated in August. There were 22 rigs drilling for gas in the region, according to Baker Hughes data, which was unchanged from July.

15 September 2016
Exploration & Production

Anadarko buys Gulf of Mexico assets for $2 bln

Anadarko Petroleum has bought deepwater Gulf of Mexico assets from Freeport-McMoRan Oil & Gas valued at $2 billion.

13 September 2016
A well in Argentina’s Vaca Muerta shale formation. Shell is hoping to increase its activities there. (YPF) Exploration & Production

Shell still enchanted by Argentina’s Vaca Muerta

Shell may seem to have cooled on Argentina, but the supermajor is fixing its sights on the pearl of Patagonia: the giant Vaca Muerta shale play.

13 September 2016
Exploration & Production

PetroAtlantic aiming to snap up Petrobras fields

PetroAtlantic is leading the race for three offshore fields that Petrobras has put up for sale.

12 September 2016
LNG

Kogas signs deal to build Brazilian LNG terminal

South Korea’s state gas company, Kogas, has signed a memorandum of understanding with the Brazilian state of Ceará to build an onshore LNG terminal at Pecem

12 September 2016
Policy & Regulation

Macri’s half-measures on Argentine bills

Argentina has rejected its full course of shock therapy for household gas bills, but President Mauricio Macri has made some progress in raising prices.

12 September 2016
Gas exploration in the Parnaiba Basin. Brazil must develop better infrastructure to attract investment. (OGX) Exploration & Production

Brazilian shale in need of kick-start – experts

In the second of our two-part series, experts tell Interfax Natural Gas Daily that little is known about Brazilian shale beyond its abundance.

8 September 2016
Shale producers could look to emulate Parnaíba Gás Natural, which feeds a power plant from nearby blocks. (PGN) Exploration & Production

Brazilian shale: dead in the water?

In the first of a two-part series, Interfax Natural Gas Daily examines how environmental sensitivities may be deterring companies from Brazilian shale.

7 September 2016

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