Regional News: Latin America

 
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Tough Contract Rescission Clauses Could Blunt Mexican Oil Opening
Thursday, July 02, 2015 Mexico's historic oil opening later this month could be undermined by company fears the government will have too much discretionary power to repeal contracts over industrial accidents and other failings.

Mexico's Proven And Probable Oil Reserves Dip 7% In 2014
Tuesday, June 30, 2015 Total Mexican oil and gas reserves fell last year as Pemex was unable to certify enough new discoveries to compensate for current production, the country's oil regulator CNH says.

Mexico's Pemex Says Output Impact 'Minimal' In Platform Accident
Tuesday, June 23, 2015 Pemex says the impact on crude oil output in the Akal field from a platform accident is "minimal," involving 15,000 barrels of deferred oil production.

Pemex Confirms Gulf Oil Platform Accident, Impact Unclear
Monday, June 22, 2015 Pemex confirms there was an accident on an oil platform at one of its major operations in the southern Gulf of Mexico, but added any impact on output remained unclear.

Bahamas Petroleum Corporation: Governor-General Signs License Renewal
Wednesday, June 17, 2015 Bahamas Petroleum Corporation says the Caribbean island's Governor-General has signed a license renewal addendum for the firm's four southern licenses.

Private Investors Look But Do Not Leap At Mexican Energy Projects
Tuesday, June 09, 2015 Almost a year after Mexico opened its energy market to private investors, North American firms are rushing south to decide which pipeline or power plant to invest in.

Executive: Russia's Gazprom Seeking Brazil Oil, Gas Investments
Monday, June 08, 2015 Russia's Gazprom is considering investments in oil and natural gas in Brazil and may bid for exploration rights in the country's 13th-Round concession auction in October.