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.
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.
Rosneft Brasil cleared to take over Solimoes
Rosneft Brasil has received clearance from Brazil’s ANP hydrocarbon energy to acquire the remaining 55% share in the Solimoes project from PetroRio.
8 July 2015
Supply & Demand Venezuela’s Caribbean pearl offers up first riches
Eni and Repsol have finally announced first gas from Latin America’s largest offshore gas field, which will be a game-changer for import-reliant Venezuela.
7 July 2015Mexico to offer 914 areas in next five years
Mexico’s Deputy Energy Minister Lourdes Melgar said the country plans to offer 914 onshore and offshore oil areas in its licensing rounds in the next five years.
6 July 2015Nearly 30% of Brazil’s gas is pre-salt output
Brazil's pre-salt layer is expected to account for more than 50% of total hydrocarbon production by 2020, according to state-run Petrobras.
6 July 2015Petrobras to sell stakes in Campos Basin fields
Brazil’s state-owned Petrobras announced an agreement on Wednesday to sell a 20% stake in the Bijupira and Salema oil and gas fields in the Campos Basin to Petro Rio for $25 million.
2 July 2015
Exploration & Production Argentina should imitate Uncle Sam on shale
Explorers in Vaca Muerta should look to North America for ideas on how to best exploit the giant Argentine formation, experts told conference delegates in Patagonia last week.
2 July 2015Mexico announces pipeline tender
Mexico’s Federal Electricity Commission has announced plans to tender $10 billion of electricity and gas projects, including two gas pipeline links to the United States.
1 July 2015Panama reviews LNG terminal potential
The Panama Canal Authority has been awarded a grant from the United States Trade and Development Agency to review the potential for an LNG terminal.
30 June 2015
Exploration & Production Argentine drillers told to invest now or pay later
Argentina’s infrastructure does not look ready for a shale boom, an EY manager warned conference delegates in Patagonia last week.
30 June 2015Latin American gas – the next five years
Latin America’s supply of and demand for gas are set for slower growth over the next five years, according to the International Energy Agency.
29 June 2015
Policy & Regulation Brazil braced for pre-salt beef
Petroleum regime policy can be dull, but not so much when Brazil has 50 billion barrels at stake.
26 June 2015
Exploration & Production Box clever, Shell exec tells Neuquén conference
Smarter tactics can control costs in Argentina’s shale sector, a Shell executive tells conference delegates in Patagonia.
25 June 2015
LNG Rosneft seeks green light for Venezuelan exports
Rosneft and PDVSA have created a joint venture for the huge Mariscal Sucre prospect in the Caribbean Sea, but the success of the project may depend on Caracas granting approval for exports, a source tells Interfax.
23 June 2015Latin America’s bear market bonanza
Brazil, Mexico, Argentina and Chile have already saved around $1 billion in the first few months of 2015 on gas imports, despite importing record volumes.
22 June 2015Rosneft and PDVSA formalise joint projects
Russia’s Rosneft and Venzeula’s PDVSA have signed a memorandum formalising agreements on the implementation joint projects, Rosneft said.
22 June 2015Peru's Camisea gas field royalties revealed
Peru has received $7.52 billion in royalties from the Camisea gas field since 2004, according to a Fox News Latino report.
19 June 2015
Supply & Demand Venezuela bets big on offshore growth
Venezuela has pinned its hopes on production growth from a giant Caribbean prospect, but the project could be delayed while a key pipeline is built.
18 June 2015
Supply & Demand End of an era, or Bolivarian bluster?
Weaning Venezuela off Colombian gas may not be a smooth process despite Caracas’s rhetoric, according to one source.
16 June 2015Venezuela will not renew gas import contract from Colombia
Venezuelan state oil company PDVSA said last week it would not renew its contract to import gas from Colombia’s Ecopetrol and Chevron when it expires.
15 June 2015
Exploration & Production Mexico bets on boost from Gulf finds
Four new discoveries announced by Mexican state-run company Pemex last week have the potential to boost Mexico’s gas production by around 2.6%.
15 June 2015About 1,418 articles for Latin America & Caribbean