- Follow Us
Search
Latin America & Caribbean
Field Development , Joint Ventures
Ecopetrol, Occidental Petroleum to Jointly Develop Offshore Oil Blocks
Ecopetrol will take a 40% stake in the blocks while Occidental Petroleum subsidiary Anadarko Colombia Co. will have a 60% stake and will serve as the blocks’ operator, Ecopetrol said.
May 19, 2022
Exploration & Production , Transactions
Brazil’s Petrobras Slashes Plan to Sell Four Concessions
The sale process, which had been in binding phase since late 2018, has been called off “considering the alignment of the concessions to the company’s strategy,” Petrobras said.
May 16, 2022
Field Development , Deepwater
TotalEnergies Kicks Off Production from Giant Mero Field Offshore Brazil
“The production start-up of the first permanent FPSO in Libra block is a new milestone for TotalEnergies in Brazil,” CEO Patrick Pouyanné says.
May 2, 2022
Field Development , Discoveries
Exxon Mobil Makes Three New Discoveries Offshore Guyana as Stabroek Resource Estimate Grows
The three new discoveries offshore Guyana increases Exxon Mobil’s estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.
April 26, 2022
Exploration & Production , Crude Oil , International
Brazil Discussing Oil Output Boost with US Amid Ukraine Crisis, Energy Minister Says
Asked if the U.S. had reached out to talk about potential oil production increases, Brazilian Energy Minister Bento said the two countries were cooperating.
April 21, 2022
Field Development , Deepwater , Subsea
Hunting Wins Contract for Exxon Mobil’s Yellowtail Project Offshore Guyana
Hunting’s Direct Pull-Through installation methodology is intended to simplify installation and enhance safety during project execution for the Yellowtail development—Exxon Mobil’s fourth, and largest, project within the Stabroek Block offshore Guyana.
April 12, 2022
Field Development , Technology
SBM Offshore Wins Exxon Mobil Contracts for Major Offshore Project
SBM Offshore will develop, lease and operate Exxon Mobil’s ONE GUYANA FPSO for the $10 billion Yellowtail project offshore Guyana.
April 5, 2022
Master Limited Partnerships , Liquefied Natural Gas (LNG)
Sempra Expands Collaboration with TotalEnergies to Meet Rising Energy Demand
TotalEnergies and Sempra partnered to develop an LNG export facility in Mexico as well as several renewable projects both onshore and offshore, adding on to their existing partnerships.
March 31, 2022
Markets , Policy & Regulations
Venezuelans Feel Pain at the Pump as More Gas Stations Charge in Dollars
PDVSA has doubled the number of stations that charge in dollars.
March 16, 2022
Crude Oil , Trade , International
Oil Group: Venezuela Could Add 400,000 Bbl/d to Output
U.S. would need to approve licenses for PDVSA to trade Venezuelan crude.
March 14, 2022