- Shell eyes JVs with Pemex
Filed under Oil & Gas | Published on 12/Nov/2014 | Written by Adam Critchley
Royal Dutch Shell will seek partnerships with Mexico's state-owned Pemex and local oil firms to participate in exploration and production projects in the country, according to the London-based firm's ...
Related Topics: Mexico , Oil & Gas - ExxonMobil: Mexico energy investors want fine print
Filed under Oil & Gas | Published on 06/Nov/2014 | Written by Adam Critchley
Decisions on investing in Mexico hinge on key energy reform details yet to be revealed, according to the president of ExxonMobil Mexico. The country has captured the world's attention with the spee...
Related Topics: Mexico , Oil & Gas - Mexico's oil, gas industry moves center stage
Filed under Oil & Gas | Published on 03/Nov/2014 | Written by Adam Critchley
Mexico's energy reforms have thrust the country's oil and gas industry into the limelight – making it a regional and global center of attention. Mexico is home to the world's fourth-largest s...
Related Topics: Mexico , Oil & Gas - Pemex signs MOU with Italian energy firm Eni
Filed under Oil & Gas | Published on 30/Oct/2014 | Written by Adam Critchley
Mexico's Pemex has signed an MOU for midstream and downstream cooperation with Italian energy company Eni. The MOU was signed by Pemex CEO Emilio Lozoya Austin and Eni's CEO Claudio Descalzi, the I...
Related Topics: Mexico , Oil & Gas - Distribution segment losses hurt Chile's Enersis
Filed under Electric Power | Published on 30/Oct/2014 | Written by Andrew Baker
Net generation increased 3.9% year-on-year in the first nine months of 2014 to 45.1TWh for Chilean power holding company Enersis, which operates in Chile, Colombia, Brazil, Peru and Argentina. Outp...
Related Topics: Regional , Electric Power - Pemex, KUFPEC ink E&P accord
Filed under Oil & Gas | Published on 29/Oct/2014 | Written by Adam Critchley
Mexico's state oil giant Pemex signed an MOU with Kuwait Foreign Petroleum Exploration Company (KUFPEC) to develop oil and gas E&P projects. The agreement, signed by Pemex's International trade arm...
Related Topics: Mexico , Oil & Gas - Argentina's Mendoza to auction heavy oil blocks
Filed under Oil & Gas | Published on 21/Oct/2014 | Written by Andrew Baker
Argentina's Mendoza province will make available at least eight exploration blocks targeting heavy oil reserves in a round to be launched in the next 15 days. The round will follow the model outlin...
Related Topics: Argentina , Oil & Gas - Argentina hydrocarbon production down in Aug - report
Filed under Oil & Gas | Published on 13/Oct/2014 | Written by Andrew Baker
Of the principal upstream operators in Argentina, only state-run YPF and local firm Pan American Energy (PAE) increased oil and gas production in August, compared to the same month last year. That ...
Related Topics: Argentina , Oil & Gas - Ecuador reveals mature field winners
Filed under Oil & Gas | Published on 08/Oct/2014 | Written by David Casallas
Ecuador's government released the names of the winners in state E&P operator Petroamazonas' call to implement enhanced oil recovery at mature fields. The groups are Schlumberger-Tecpetrol; Sinopec ...
Related Topics: Ecuador , Oil & Gas - Enersis to re-capitalize ailing Argentina thermo plant
Filed under Electric Power | Published on 03/Oct/2014 | Written by Andrew Baker
Chile-based power holding Enersis will re-capitalize two ailing subsidiaries that operate the 870MW Dock Sud combined cycle plant in Argentina. Enersis commissioned independent appraisal reports of...
Related Topics: Chile , Argentina , Electric Power - Innovation to significantly impact oil & gas - report
Filed under Oil & Gas | Published on 02/Oct/2014 | Written by Adam Critchley
Innovation such as automation, robotics and nanotechnology will have a high impact on the oil and gas industry in the near term as firms look to extend the life of existing assets, according to consul...
Related Topics: Mexico , Oil & Gas - Pemex, Exxon Mobil ink cooperation deal
Filed under Oil & Gas | Published on 02/Oct/2014 | Written by Adam Critchley
Mexico's state oil firm Pemex has signed an agreement with Exxon-Mobil to pursue joint business opportunities in the upstream and downstream oil sectors. Both firms are also committed to sustainabl...
Related Topics: Mexico , Oil & Gas - Pemex inks deals with BHP Billiton, Petronas, ONGC and YPF
Filed under Oil & Gas | Published on 26/Sep/2014 | Written by Adam Critchley
Mexico's Pemex has signed agreements with BHP Billiton, Petronas, ONGC and YPF to develop deepwater oil fields and natural gas infrastructure. Pemex signed a memorandum of understanding and coopera...
Related Topics: Mexico , Oil & Gas - Argentine insurers obliged to subscribe to YPF bond issuance under Inciso K
Filed under Insurance | Published on 17/Sep/2014 | Written by Kieran Lonergan
Argentine state oil firm YPF will go to the country's insurers for financing in the coming days, aided by the government's controversial Inciso K measure, according to local paper Ámbito Financiero. ...
Related Topics: Argentina , Insurance - YPF reopens mothballed Mendoza exploratory well
Filed under Oil & Gas | Published on 09/Sep/2014 | Written by Elizabeth Trovall
Argentina's Mendoza province signed an agreement with state oil firm YPF to bring exploratory well El Botellón X2 back online. The agreement stipulates that Chinese energy and chemical company Sino...
Related Topics: Argentina , Oil & Gas - Hydrocarbons investments up in Mendoza
Filed under Oil & Gas | Published on 05/Sep/2014 | Written by Elizabeth Trovall
Investments in hydrocarbons in western Argentina's Mendoza province increased by over US$44mn in the first four months of this year, up 42% compared to the same period in 2013. Mendoza's public ene...
Related Topics: Argentina , Oil & Gas - Facing provincial pressure, Argentina to revise hydrocarbon proposal
Filed under Oil & Gas | Published on 02/Sep/2014 | Written by Andrew Baker
Argentina's federal government will draft a new version of a planned hydrocarbons law, according to a release from the Neuquén provincial government. President Cristina Fernández has been discussin...
Related Topics: Argentina , Oil & Gas - Argentina, Chile ink energy cooperation deal
Filed under Electric Power | Published on 01/Sep/2014 | Written by Noah Ramirez
Argentina's planning minister Julio de Vido and Chile's energy minister Máximo Pacheco signed an MOU to exchange electric power and natural gas in times of emergency, the two ministries said in separa...
Related Topics: Chile , Argentina , Electric Power - China's Sinopec, YPF extend Mendoza exploration agreement
Filed under Oil & Gas | Published on 22/Aug/2014 | Written by Andrew Baker
Argentine state oil company YPF and China's Sinopec extended an agreement to jointly conduct oil exploration activities in Mendoza province's La Ventana field. The original agreement was set to exp...
Related Topics: Argentina , Oil & Gas - IN BRIEF: YPF opens LPG plant
Filed under Oil & Gas | Published on 13/Aug/2014 | Written by David Casallas
Argentina's YPF put into service an LPG bottling plant in Salta province, the company's eighth such plant in the country. The US$5.1mn plant in Güemes has capacity to fill 1,200, 10kg cylinders and 80...
Related Topics: Argentina , Oil & Gas - Neuquén minister: Argentina's proposed hydrocarbons law "robbery"
Filed under Oil & Gas | Published on 30/Jul/2014 | Written by Andrew Baker
The energy and public services minister of Argentina's Neuquén province criticized the national government's draft of a new hydrocarbons law, claiming it violates provincial sovereignty. President ...
Related Topics: Argentina , Oil & Gas - Pemex, Petrobras face rising credit risk - Moody's
Filed under Oil & Gas | Published on 29/Jul/2014 | Written by Michael Place
Latin American national oil firms face rising credit risks as they rely on mounting debt to finance upstream expansion, according to Moody's Investors Service. Moody's warned that Mexico's Pemex an...
Related Topics: Regional , Oil & Gas - Mexico, Argentina lead LatAm upstream renewal - Wood Mackenzie
Filed under Oil & Gas | Published on 25/Jul/2014 | Written by Michael Place
New oil and gas opportunities in Mexico and Argentina reflect a regional shift away from resource nationalism, according to consultancy Wood Mackenzie. In its new Asset Risk Index service, Wood Mac...
Related Topics: Regional , Oil & Gas - Argentina's San Juan province extends YPF license
Filed under Oil & Gas | Published on 25/Jul/2014 | Written by Andrew Baker
Argentina's San Juan provincial government agreed to extend an exploration license held there by national oil company YPF until 2016. The NOC will continue geological analysis in the San José de Já...
Related Topics: Argentina , Oil & Gas - YPF output suffers from local labor strike
Filed under Oil & Gas | Published on 24/Jul/2014 | Written by Elizabeth Trovall
An oil worker strike in Argentina's Neuquén province is likely to cause estimated losses of US$12mn for national oil company YPF. Total production losses are expected to reach 160,000 barrels of oi...
Related Topics: Argentina , Oil & Gas - Argentine governors take issue with proposed hydrocarbons law
Filed under Oil & Gas | Published on 23/Jul/2014 | Written by Andrew Baker
The governors of Argentina's 10 hydrocarbon-producing provinces will submit an alternative draft proposal to the one advocated by President Cristina Fernández for reforming the country's hydrocarbons ...
Related Topics: Argentina , Oil & Gas - Argentina's YPF launches Neuquén gas pipeline
Filed under Oil & Gas | Published on 07/Jul/2014 | Written by Andrew Baker
Argentine national oil company YPF launched operations of a US$75mn, 55km natural gas pipeline in Neuquén province. The pipeline connects the Rincón del Mangrullo block to the Loma La Lata separati...
Related Topics: Argentina , Oil & Gas - IN BRIEF: Argentine minister projects US$37bn in hydrocarbons investment
Filed under Oil & Gas | Published on 03/Jul/2014 | Written by Andrew Baker
The oil and gas sector will invest an estimated US$600bn in Latin America and US$37bn in Argentina between now and 2017, according to the country's industry minister Débora Giorgi. Speaking at the ...
Related Topics: Argentina , Oil & Gas - Argentina watch: New secretary; nuclear visit; hydro record, studies
Filed under Electric Power | Published on 02/Jul/2014 | Written by David Casallas
Argentina's government published decrees in the official gazette announcing the resignation of energy secretary Daniel Cameron and the designation of Mariana Matranga as his replacement. Former pre...
Related Topics: Argentina , Electric Power - Argentina's YPF hits seven-year Neuquén production high
Filed under Oil & Gas | Published on 19/Jun/2014 | Written by Andrew Baker
Argentina's state-run YPF averaged oil production of 63,420b/d in Neuquén province in May, its highest monthly figure there since July 2007, a company release said. Including the production of Yaci...
Related Topics: Argentina , Oil & Gas - JPMorgan cautious on Argentine banks
Filed under Banking | Published on 11/Jun/2014 | Written by Kieran Lonergan
JPMorgan remains cautious on Argentine banks due to ongoing structural problems with the economy, despite renewed market confidence in local lenders. Market perception of country risk has declined ...
Related Topics: Argentina , Banking - Argentina's YPF hits record production at Loma Campana
Filed under Oil & Gas | Published on 09/Jun/2014 | Written by Andrew Baker
Argentina's YPF hit an unconventional hydrocarbons production level of 24,000boe/d in the Loma Campana field of the country's Neuquén province. Unconventionals production in the area has increased ...
Related Topics: Argentina , Oil & Gas - Petrolera Pampa sells bonds to develop Neuquén gas project
Filed under Oil & Gas | Published on 05/Jun/2014 | Written by Andrew Baker
Argentina's Petrolera Pampa raised 525mn pesos (US$64.7mn) via a bond offering, and will use the proceeds to develop a tight gas project in the Rincón del Mangrullo block in the country's Neuquén prov...
Related Topics: Argentina , Oil & Gas - Argentina's YPF issues performance-linked bonds
Filed under Oil & Gas | Published on 04/Jun/2014 | Written by Andrew Baker
Argentina's state oil company YPF received more than 200mn pesos (US$24.7mn) in bond orders from 6,844 investors in its latest offering. The bonds will pay an annual interest rate of 20%, a company...
Related Topics: Argentina , Oil & Gas - Argentina natural gas production finally up in March - report
Filed under Oil & Gas | Published on 03/Jun/2014 | Written by Andrew Baker
Argentina increased its natural gas production in March for the first time in two years, according to a report by energy think tank IAE General Mosconi. Production rose 0.5% compared to the same mo...
Related Topics: Argentina , Oil & Gas - Argentina's YPF announces tight gas discovery
Filed under Oil & Gas | Published on 02/Jun/2014 | Written by Andrew Baker
Argentina's state oil firm YPF discovered a tight gas deposit containing 25Mboe of recoverable resources in the Paso de las Bardas Norte block in the country's Mendoza province. The deposits could ...
Related Topics: Argentina , Oil & Gas
