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South America


Marubeni to Participate in Gas-Fired Power Plant in Jamaica
Jamaica >> 3/24/2017 - Marubeni Corporation (Marubeni) is pleased to announce its participation in the Old Harbour gas-fired power station (Old Harbour Project) in Jamaica through its 40% interest in the Jamaica Public Serv...
Melbana Plans to Drill Two Wells in Block 9 Onshore Cuba in 2018
Cuba >> 3/22/2017 - Melbana Energy Limited is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Block 9 ...
Melbana Energy Provides Block 9 Update in Cuba
Cuba >> 3/22/2017 - Melbana Energy Limited (MAY) is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Bl...
Bahamas Petroleum Awarded Licence Extension Offshore Bahamas
Bahamas >> 3/21/2017 - Bahamas Petroleum Company, the oil and gas exploration company with a significant prospective resource in licences in The Commonwealth of The Bahamas, has provided an update on various activities. ...
Touchstone Announces Reduction in East Brighton Letter of Credit
Trinidad and Tobago >> 3/21/2017 - Touchstone Exploration Inc. (TXP) announces that the Trinidad and Tobago Minister of Energy and Energy Industries (MEEI) approved a reduction of the Company’s letter of credit supporting required work...
PetroRio Closing of Brasoil Acquisition
Brazil >> 3/20/2017 - PetroRio, ( (BM&FBOVESPA: PRIO3), in connection with the Material Facts dated December 21, 2016, January 02, 2017, February 10, 2017, February 27, 2017 and March 07, 2017, hereby informs its sharehold...
Touchstone Announces 2016 Reserves
Trinidad and Tobago >> 3/20/2017 - Touchstone Exploration Inc. (TXP) announces the results of the independent December 31, 2016 reserve evaluation (the Reserves Report) with respect to the Company’s crude oil reserves in the Republic o...
Drilling of Vaca Muerta Oil Resource Play
Argentina >> 3/17/2017 - Madalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...
Brazil Assets Acquisition Update
Brazil >> 3/17/2017 - Karoon Gas Australia Ltd (Karoon) would like to provide an update with respect to the disposal by Petroleo Brasileiro S.A. (Petrobras) of the Bauna and Tartaruga Verde fields following the 15 March 20...
NGC, Shell & PDVSA Finalize Historic Heads of Agreement
Trinidad and Tobago >> 3/17/2017 - The signing of a Heads of Agreement (HoA) among NGC, Shell and Venezuela’s state oil and gas company, Petroleos de Venezuela SA (PDVSA) and marked an historic chapter in the energy evolution of Trinid...
Venezuela & Trinidad and Tobago Sign Gas Supply Agreement
Venezuela & Trinidad and Tobago Sign Gas Supply Agreement Venezuela >> 3/17/2017 - The People’s Power Minister of Petroleum of the Bolivarian Republic of Venezuela, Nelson MartInez, and the Minister in the Office of the Prime Minister of the Republic of Trinidad and Tobago, Stuart Y...
Petrel Energy Announces Updates in Uruguay
Uruguay >> 3/16/2017 - The Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig in Colorado and trucking of the rig and considerable ancillary equipment to Ho...
President Energy Provides Reserves Update in Argentina
Argentina >> 3/15/2017 - President Energy (PPC), the oil and gas exploration company, provides the following reserves update on its Puesto Guardian Concession, Salta Province, Argentina. ...
Brazil Court Authorizes Resuming the Divestment Program
Brazil >> 3/15/2017 - Petroleo Brasileiro S.A, Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) issued, repealed the pr...
Latin America Oil Supply - March 2017
Latin America Oil Supply - March 2017 Brazil >> 3/15/2017 - Oil supply from Latin America is predicted to increase by 0.18 mb/d to average 5.30 mb/d in 2017, despite declining in 2016 by 90 tb/d. Oil production in Brazil is expected to increase by 0.26 mb/d, w...
Peterson Awarded Major 5 Year Contract to Support BP in Trinidad
Trinidad and Tobago >> 3/15/2017 - Peterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tob...
Alvopetro Announces Second Production Test from 198(A1) Well
Brazil >> 3/13/2017 - Alvopetro Energy Ltd. (ALV) is pleased to announce production test results from the second interval tested in our 198(A1) well. In January 2017, our 198(A1) well, located on Block 198 in the Reconcavo...
Range Resources Acquires RRDSL & Proposed Reverse Takeover
Trinidad and Tobago >> 3/13/2017 - RRDSL was previously owned by Range and sold to LandOcean Petroleum Corp. Ltd (LandOcean Petroleum), a Hong Kong based company wholly owned by LandOcean Energy Services Co. Ltd; (LandOcean) in May 201...
President Energy Provides Operations Update in Argentina
Argentina >> 3/10/2017 - President Energy (PPC), the oil and gas exploration company, provides the following update on its Argentina operations. ...
Platanillo Operations Update
Colombia >> 3/9/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update of operations in the Platanillo Field. ...
Selection of Partners for the Ayin and Batsil Fields
Mexico >> 3/7/2017 - The approval of the bidding process for the selection of a partner for the exploration and extraction of the Ayin and Batsil fields in the coastline of Tabasco, it strengthens the Petroleos Mexicanos ...
GeoPark Announces Further Expansion of Tigana/Jacana Oil Play
Colombia >> 3/2/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
Mexico to Launch Two Annual Oil Auctions Beginning in 2018
Mexico >> 3/2/2017 - Mexico's oil regulator will organize two annual oil auctions beginning in 2018, officials said, in a bid to further boost the number of private and foreign producers operating in the country. ...
Total & Petrobras Signed Definitive Contracts
Total & Petrobras Signed Definitive Contracts Brazil >> 3/1/2017 - Petrobras and Total inform that they have signed definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December,2016 Agreement. ...
Occidental Suspends Colombia Production After Rebel Attacks
Colombia >> 3/1/2017 - Crude oil production at the Cano Limon field, operated by US-based Occidental Petroleum Corp in northern Colombia, is being gradually suspended after an escalation of rebel attacks on its pipeline, mi...
Pemex, Chevron & INPEX Signed an Exploration Contract
Pemex, Chevron & INPEX Signed an Exploration Contract Mexico >> 2/28/2017 - Chevron, INPEX Corporation and Petroleos Mexicanos signed the contract for the Deep-water exploration and extraction of hydrocarbons in the corresponding licensing modality for block 3 North of the Pl...
Pemex Improves Its Annual Net Results by 400 Billion Pesos
Mexico >> 2/27/2017 - Petroleos Mexicanos improved its annual net results for 2016 by over 400 billion pesos, a reduction of losses equal to 58 per cent, as compared to 2015. The above was a result of a greater operating e...
LGO Announces Trinidad Drilling Update
Trinidad and Tobago >> 2/27/2017 - LGO confirmes that Rig#18 has been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir. Drilling operations ar...
PDVSA Intevep & Citgo Sign Agreement
Venezuela >> 2/25/2017 - After several months of joint work, PDVSA Intevep and Citgo Petroleum Corporation signed a three-year agreement on specialized technical and research and development assistance, staff exchange, and th...
Petrel Energy Says the New Rig Mobilized to Uruguay
Uruguay >> 2/24/2017 - The Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig are nearing completion and the rig mobilisation process has commenced with the...
PDVSA and ENPPI of Egypt Strengthen Bilateral Relations
Venezuela >> 2/24/2017 - The President of Petroleos de Venezuela S.A. (PDVSA), Eulogio Del Pino, held a meeting at La Campina PDVSA headquarters with Chief Executive Officer of Egypt's Engineering for the Petroleum and Proces...
YPF & Shell Agree on a Project Development in Argentina
YPF & Shell Agree on a Project Development in Argentina Argentina >> 2/23/2017 - Shell Argentina President Teofilo Lacroze and YPF President Miguel Angel Gutierrez signed an agreement on preliminary terms and conditions for the development of non-conventional hydrocarbons in Vaca ...
Brazil to Lower Oil Industry Local Content Rules by Half
Brazil >> 2/22/2017 - Brazil's government said it would relax local content rules for the oil industry as of September in an effort to attract foreign investment and lower costs that have hindered development of vast offsh...
Zenith Sales Its Argentina Operations
Argentina >> 2/20/2017 - Zenith Energy Ltd. (ZEE) the dual listed international oil & gas production company is pleased to announce the sale of its operations in Argentina to a group of local energy investors. ...
President Energy Provides Update in Argentina Operations
Argentina >> 2/20/2017 - President Energy (PPC), the oil and gas exploration company, provides the following update on its Argentina operations. ...
Rosneft Starts Drilling the First Exploration Well at the Solimoes Project
Brazil >> 2/16/2017 - Rosneft Brasil (100% owned Rosneft subsidiary) started the drilling of the first exploration well in the Solimoes Basin. Rosneft is commencing the next phase of the exploration program in the Amazon r...
Brazil's Oil and Natural Gas Production in January
Brazil >> 2/15/2017 - Petroleo Brasileiro S.A. – Petrobras informs that its total oil and natural gas production in January was 2.86 million barrels of oil equivalent per day (boed), of which 2.74 million boed were produce...
Venezuela Signed 8 Oil Cooperation Agreements With China
Venezuela >> 2/14/2017 - Petroleos de Venezuela, S.A. (PDVSA) ratified its cooperation with the People's Republic of China in 8 agreements as part of the XV China-Venezuela Joint High Level Commission held in the Jose Felix R...
Operational Update in Trinidad
Trinidad and Tobago >> 2/13/2017 - LGO confirms that final approval was granted by the Forestry Department, to cut trees in order to clear the well sites for the impending two shallow infill wells at the Goudron Field (Field) in easter...
Ecuador to Pay ConocoPhillips $380M
Ecuador >> 2/8/2017 - ConocoPhillips’ (COP) wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International ...
Keppel Delivers FPSO P-66 for Brazil
Brazil >> 2/7/2017 - Keppel Offshore & Marine’s shipyard in Brazil, BrasFELS, has delivered P-66, the first of the Replicante series of Floating Production Storage and Offloading (FPSO) units, to Tupi BV Keppel Offshor...
Gran Tierra Energy Inc. Announces Sale of Brazil Business
Brazil >> 2/6/2017 - Gran Tierra Energy Inc., a company focused on oil and gas exploration and production in Colombia, is pleased to announce that a purchase and sale agreement was executed pursuant to which Maha Energy A...
Baron Oil Provides Update on Block Z-34
Peru >> 2/6/2017 - The Board of Baron Oil plc, the independent oil and gas exploration and production company, is pleased to provide an update on activities in Peru on Block Z-34. ...
Latin America Oil Supply - January 2017
Latin America Oil Supply - January 2017 Brazil >> 2/2/2017 - Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...
GeoPark Announces New Exploration Discovery In Colombia
Colombia >> 2/2/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
DOF Awarded New Contract in Brazil
Brazil >> 1/31/2017 - DOF's subsidiary Norskan Offshore Ltda has been awarded a 1+1 year contract with Petrobras for Skandi Botafogo. The contract will commence 15 February. Skandi Botafogo is an AHTS, UT 722L, built in Br...
Maersk to Sale of Brazil Oil and Gas Assets
Brazil >> 1/31/2017 - A.P. Moller-Maersk is considering selling its oil and gas business in Brazil as the shipping giant's energy group narrows operations in a restructuring, its chief executive said. ...
Operational Update in Altair and LLA-47 Licenses
Colombia >> 1/31/2017 - Further to the announcement made on 29 December 2016 regarding the Participation Agreements (Acuerdos de Cuentas en Participacion) executed with SLS Energy (SLS), and the drilling of four wells in the...
Venezuela's Paraguana Refineries at 42% of Capacity
Venezuela >> 1/31/2017 - Venezuela's Paraguana refining complex was operating at about 42 percent of capacity, a union official said, citing an internal report that came amid chronic unit stoppages in the crisis-hit OPEC coun...
Alvopetro Announces 198(A1) Well Results
Brazil >> 1/30/2017 - Alvopetro Energy Ltd. (ALV) is pleased to announce successful results from our 198(A1) well, located on Block 198 in the Reconcavo basin in the State of Bahia, Brazil. The 198(A1) well was drilled as ...
Pacific Appoints of Barry Larson as Chief Executive Officer
Colombia >> 1/30/2017 - Pacific Exploration & Production Corp. (PEN) is pleased to announce the appointment of Barry Larson as its new Chief Executive Officer, effective February 20, 2017. Mr. Larson will be based at the Com...
President Maduro Appointed New PDVSA Board of Directors
President Maduro Appointed New PDVSA Board of Directors Venezuela >> 1/29/2017 - The President of the Bolivarian Republic of Venezuela, Nicolas Maduro, during his program Los Domingos con Maduro, held in Ciudad Guayana, Bolivar state, appointed a new Board of Directors of Petroleo...
Deep Sea Awarded Brazilian Contract
Brazil >> 1/26/2017 - Deep Sea Supply is pleased to announce that the company has been awarded a new time charter contract for the AHTS vessel "Sea Tiger" for operations in Brazil. The firm period of the contract is 1 yea...
Zenith Energy Develop Midstream Assets in Mexico
Mexico >> 1/25/2017 - Zenith Energy, L.P, an international liquids and bulk terminaling company, announced that they have signed an agreement with one of the largest companies in Mexico to market and develop existing logis...
Spectrum Awarded 2D Seismic in Potiguar Basin, Brazil
Brazil >> 1/24/2017 - Spectrum is pleased to announce the commencement of a 6,000 km Multi-Client 2D survey offshore Brazil in the Potiguar Basin. ...
Amerisur Announces Update in Platanillo Field
Colombia >> 1/24/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on operations in the Platanillo field in Colombia. ...
LGO Energy Operational Update & Quarterly Production
Trinidad and Tobago >> 1/24/2017 - LGO provides an operational update including plans for production drilling and enhanced oil recovery at the Goudron Field in Trinidad, its Trinidad South West Peninsula interests and Group production ...
Teekay LNG Contemplates Norwegian Bond Issuance
Bermuda >> 1/23/2017 - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) announces that it intends to issue new senior unsecured bonds in the Norwegian bond market through an add-on to its existing Norwegian bo...
Divestment Project of Shallow Water Assets
Brazil >> 1/23/2017 - Petroleo Brasileiro S.A, Petrobras informs that a Regional Federal Court issued a decision on January 18, 2017 to grant suspensive effect to Petrobras' appeal in the divestment project regarding the t...
Gran Tierra Provides Operational Update
Colombia >> 1/23/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, is pleased to provide an operational update. ...
Surge of Attacks Against the Cano Limon-Covenas Pipeline
Colombia >> 1/23/2017 - Ecopetrol reports that in the previous week seven attacks against the Cano Limon-Covenas oil pipeline were reported in rural areas of the municipalities of Teorama, Norte de Santander, and Arauquita, ...
New Auction for Peru South Gas Pipeline Project
Peru >> 1/23/2017 - The government of Peru said that it will not compensate an Odebrecht-led consortium for investments made in a $5 billion natural gas pipeline project after it rescinds the contract over a missed finan...
Touchstone Provides Operational & Corporate Update
Trinidad and Tobago >> 1/23/2017 - Touchstone Exploration Inc. (Touchstone) (TXP) is pleased to provide the following operational and corporate update. ...
Important Progress in the Recovery of Oil Prices
Important Progress in the Recovery of Oil Prices Venezuela >> 1/22/2017 - The Minister of Popular Oil, Nelson Martinez, offered statements following his first meeting of the OPEC Joint Monitoring Ministerial Committee and not OPEC, noting that it was very positive and that ...
Gamesa Wins 325MW Iberdrola Turbine Order in Mexico
Mexico >> 1/20/2017 - Gamesa has secured a 325MW turbine order from Spanish compatriot Iberdrola for the two wind projects the developer won in Mexico’s second renewables tender last year. ...
Odebrecht Ready to Return $5 B Pipeline Contract to Peru
Peru >> 1/20/2017 - A consortium controlled by Brazilian builder Odebrecht S.A. will miss a financing deadline on Monday for a natural gas pipeline project in Peru and awaits government notification that it will lose the...
BP’s Juniper Platform Sets Sail for Offshore Trinidad
Trinidad and Tobago >> 1/20/2017 - BP Trinidad and Tobago LLC (bpTT) announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT’s 14th offshore inst...
Leniency Agreement Provides for Reimbursement of Over $ 81 M
Brazil >> 1/19/2017 - Petrobras will receive approximately R $ 81 million from the British company Rolls-Royce, which entered into a leniency agreement with the Federal Public Prosecutor's Office (MPF) under Operation Lava...
PDVSA & Rosneft Strengthen Strategic Alliance
PDVSA & Rosneft Strengthen Strategic Alliance Venezuela >> 1/19/2017 - Petroleos de Venezuela, S.A. (PDVSA) and representatives of the Russian company Rosneft assessed the progress of various joint projects, including the offshore gas developments of the Mariscal Sucre p...
Petrobras Says Raises $4B in Bond Issue
Brazil >> 1/17/2017 - Brazil's state-controlled oil company Petrobras said that it had raised $4 billion in an international issue of bonds maturing in 2022 and 2017. ...
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017 Brazil >> 1/17/2017 - Brazil may hold a second licensing round this year for new oil exploration areas in an offshore region known as the sub-salt where massive discoveries have been made, the Energy Ministry said, as it l...
Operations at Venezuelan Oil Terminal Halted by Spill
Venezuela >> 1/17/2017 - Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reute...
YPFB & YPFB Chaco Sign Exploration Contracts for Two Areas
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and general manager of YPFB Chaco SA, Oscar Claros Dulon, signed two contracts for oil exploration services and exploitation in the Aguar...
Bolivia & Argentina Sign Exploration Agreement
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and president of YPF, Miguel Angel Gutierrez, signed the Oilfield Services Contract for exploration and exploitation of the area Charagua...
Petrobras Awarded DOF Pipe-Lay Vessel Contract
Brazil >> 1/16/2017 - Petrobras has awarded the Brazilian built PLSV, Skandi Vitoria, a contract of 532 days. The contract will commence in January. ...
Subsea 7 Announces Early Contract Termination Offshore Brazil
Brazil >> 1/16/2017 - Subsea 7 S.A. (SUBCY) announced the early termination of the day-rate contract for Subsea 7's Pipelay Support Vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil, effective 16 January 20...
Guyana’s Government Creating a Petroleum Directorate
Guyana’s Government Creating a Petroleum Directorate Guyana >> 1/16/2017 - The Ministry of Natural Resources is working to have a Petroleum Directorate established and functioning within the first quarter of 2107. ...
Mexico's IEnova Will Invest $800M in 2017
Mexico >> 1/16/2017 - Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy, will invest $800 million this year on eight projects, the company's chief executive said. ...
Drilling Program in Bolivia in 2017
Bolivia >> 1/13/2017 - Oilfield Fiscales Bolivianos (YPFB) scheduled for this management drilling 18 exploratory wells in the country, the president of the state oil company, William M. Acha said. ...
New ANP Directors Take Office In Rio de Janeiro Ceremony
Brazil >> 1/12/2017 - The inauguration ceremony of the ANP's director general, Decio Oddone, and director Felipe Kury was held at the Itamaraty Palace, in Rio de Janeiro. ...
ExxonMobil Announces New Oil Discoveries Offshore Guyana
Guyana >> 1/12/2017 - ExxonMobil announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well ta...
President Energy Provides Operational Update in Argentina
Argentina >> 1/11/2017 - President Energy (PPC), the oil and gas exploration company provides the following update on its Argentina operations. ...
Halliburton & Petrobras Enters Technology Agreement
Brazil >> 1/11/2017 - Halliburton (HAL) announced a technology cooperation agreement with Petrobras (PBR) that will advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt...
Petrobras Reaches Its Production Target
Brazil >> 1/11/2017 - Petroleo Brasileiro S.A., Petrobras reports that the Company’s average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above the results...
Petrobras to Invest $19B in 2017
Brazil >> 1/11/2017 - Petroleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above last year's, signaling that efforts to reduce debt and preserve cash are helping B...
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico Mexico >> 1/11/2017 - Renaissance Oil Corp. (Renaissance) (ROE) is pleased to announce that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and ...
Gran Tierra Announces Status of Peruvian Assets
Peru >> 1/11/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, announced that management of Gran Tierra is evaluating a proposal relating to the Company's asse...
Important Impetus to the Development of Non-Conventional
Important Impetus to the Development of Non-Conventional Argentina >> 1/10/2017 - The President of the Nation, Mauricio Macri, announced an important agreement with the province of Neuquen, the companies and the oil unions to promote the exploitation of oil and non-conventional gas...
Mexico's Protests Cause Critical Border City Fuel Shortage
Mexico >> 1/10/2017 - Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting ov...
AESA Launches Loma Campana Oil Treatment Plant
Argentina >> 1/9/2017 - The construction and start-up project led by AESA included detailed engineering, logistics and provision of supplies, equipment manufacturing, electromechanical construction and assembly, pre-commissi...
Petrobras to Buy Back Up to $2 Billion of Debt in Cash
Brazil >> 1/9/2017 - Petroleo Brasileiro SA has launched a program to buy back up to $2 billion of existing bonds in cash and the offering of new debt, as the world's most indebted oil company seeks to refinance debt matu...
Amerisur Announces Successful Drilling of Platanillo-24 Well
Colombia >> 1/9/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on the drilling of well Platanillo-24 in Colombia. Platanillo 24 has been drill...
Peru Would Retain Money from Odebrecht Deal
Peru >> 1/9/2017 - Peru would withhold any money Brazil's Odebrecht SA might make by selling its 55 percent stake in a natural gas pipeline project while prosecutors probe bribes the company has admitted to distributing...
Petrotrin & OWTU Sign Memorandum of Agreement
Trinidad and Tobago >> 1/9/2017 - Strike action has been averted at Petrotrin following extended conciliation talks at the Ministry of Labour and Small Enterprise Development. ...
Thousands of Mexicans Protest Gasoline Price Hikes
Mexico >> 1/7/2017 - Mexicans angry over a spike in gasoline prices took to the streets of Mexico City after days of protests spurred looting in hundreds of stores, resulting in over a thousand arrests in Latin America's ...
DOF’s Anchor Handler Contract in Argentina
Argentina >> 1/5/2017 - DOF has been a awarded a 3 years firm contract + 2 years options with Total Austral in Argentina for the vessel Skandi Pacific. The contract will commence in 2 quarter. ...
Petrobras Revises the Price of Fuels
Brazil >> 1/5/2017 - According to our pricing policy announced in October 2016 , the Executive Group Markets and Prices (GEMP) decided to raise the price of diesel at the refinery by 6.1% on average. The new values start ...
Wartsila to Supply 40 MW Fast Track Power Plant to Argentina
Argentina >> 1/4/2017 - Wartsila will supply a 40 MW Smart Power Generation plant to Mendoza, Argentina, for Methax S.A., a special purpose company owned by Grupo Galileo. The value of the order is approximately EUR 25 milli...
Closing of Petrobras Chile Sale
Brazil >> 1/4/2017 - Petroleo Brasileiro S.A, Petrobras, further to the Material Fact disclosed on July 22, 2016, informs that it has completed, the sale of 100% of Petrobras Chile Distribuicion Ltda (PCD) to the Southern...
Latin America Oil Supply - December 2016
Latin America Oil Supply - December 2016 Brazil >> 1/4/2017 - Brazil’s liquids supply is expected to average 3.14 mb/d in 2016, an increase of 0.08 mb/d over the previous year. Preliminary crude oil production shows a decrease of 50 tb/d, m-o-m in October to ave...

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