Central/South America
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
Mexico Pacific to pump $14 B into pipeline and plant
Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 B.
Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona
Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol and now aims to rapidly develop the field.
U.S. LNG exports go full steam ahead, sales to Latin America rise
U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America.
Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub
Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.
Canada's ATCO gives Mexico troubled pipeline after damage award
Canada's ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a dispute with the Mexican state power company.
US to kick off Gulf of Mexico oil drilling rights auction
The Biden administration will hold an auction of oil leases in the U.S. Gulf of Mexico, the first test of demand for new investment in the region since the Russian invasion of Ukraine tightened energy supplies and sent prices soaring.
McDermott awarded FEED contract from Shell
McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.
Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project
Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.
Trinidad in substantive negotiations with Venezuela on gas project
Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.
Argentina expected to send draft bill promoting LNG to Congress
Oil and gas producers in Argentina expect the government will send draft legislation for promoting liquefied natural gas (LNG) production to Congress in the coming weeks.
Guyana sees natural gas as the next frontier after oil
Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves.
Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico
Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico
New Fortress Energy to complete first Fast LNG unit in Q2
New Fortress Energy plans on finishing building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing LNG there in July.
Trinidad and Tobago to begin negotiations with Venezuela for natural gas project
Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project.
IEA convenes Special Ministerial on natural gas markets and actions to reinforce supply security
Some 40 countries will convene for a Special IEA Ministerial (International Energy Agency) on February 15 to review the state of natural gas markets and discuss actions to strengthen security of supply amid the global energy crisis.
Trinidad's Energy Minister to begin talks on gas deal in Caracas
Trinidad and Tobago's Energy Minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month green-lighted the joint development of a key offshore gas project.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
