New Gas Plus project to be announced - reports

The Argentine government is set to announce a new Gas Plus program allowing companies to sell natural gas at above-regulated rates, according to local press reports. The new program could attract a...

Nicaragua
Ministry releases E&P promotional folder
Nicaragua's energy and mines ministry has released a hydrocarbons E&P promotional folder that includ... more
Venezuela
PDVSA drills two exploratory wells in 1H09, earnings down 67%
Venezuela's state-owned PDVSA, the fourth largest oil company in the world, drilled two exploratory ... more
Argentina
Argenta begins production tests on OA x-1 well
Canadian oil junior Argenta Oil & Gas (TSXV: AZA) has started a long term production test on its OA ... more
Brazil
Eni set to sell Gas Brasiliano
Italian oil major Eni (NYSE: ENI) is planning to sell its Gas Brasiliano natural gas distribution co... more
Mexico
Pemex awards consulting contract for refining works tenders
Mexico's state oil company Pemex has awarded the contract to supervise development of basic engineer... more
Venezuela
Export basket up to US$72.75/b
Venezuela's average oil export basket price rose US$0.05 in the week of November 16-20 to US$72.75/b... more
Mexico
Pemex crude output down 5.62% in October
Mexican state oil company Pemex's E&P subsidiary PEP produced 2.60Mb/d in October, down 5.62% year-o... more
Argentina
Salta launches renewables study
Argentina's Salta province has launched a study into the use of renewable power in conjunction with ... more
Argentina
Pampa, YPF sign US$29mn agreement for Neuquén block
Pampa Energía (NYSE: PAM) subsidiary Petrolera Pampa will invest US$29mn in Argentine oil company YP... more
Bolivia
Gaffney, Netherland eye reserves evaluation contract
Bolivia's state hydrocarbons company YPFB has extended to December 2 from November 25 the deadline t... more
Bolivia
IN BRIEF Government plans small scale LNG plant
Bolivia's government envisions installing a small scale LNG plant in Santa Cruz department, hydrocar... more
Brazil
New pre-salt legislation step backwards for industry - analyst
New measures by Brazil's government to take greater control of the country's oil industry could reve... more
Mexico, Argentina
H&P sees upside for new drilling works
Tulsa-based rig contractor Helmerich & Payne (NYSE: HP) expects long-term growth in Mexico following... more
Mexico
Pemex document forecasts 134,000b/d from Chicontepec through 2020 - report
Mexican state oil company Pemex's E&P subsidiary PEP expects just 134,000b/d from the Chicontepec fi... more
Colombia
Government could sell up to 15% stake in Ecopetrol to finance highways
Colombia's government could sell up to a 15% stake in state oil company Ecopetrol (NYSE: EC) to fina... more

Free Content

H&P collects US$32mn from PDVSA in fiscal 4Q09
11-19-2009 -
Samsung picks up US$220mn refinery contract
11-18-2009 -
LNG could be re-exported, says minister
11-17-2009 -
Petrobras to have three new drillships in pre-salt Santos basin by 1H10
11-16-2009 -
OGX to spud three new wells
11-13-2009 -

In Depth Interviews

Reevaluting Brazil's attractiveness

José Luis Villanueva
Director, corporate ratings
Fitch Ratings

Brazil has been the Latin American darling of large international oil companies. Reforms in the late-nineties made the country attractive for investme ...more