Regional News: South America

 
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Argentine Oil And Gas Workers To Strike Over YPF Layoffs
Friday, December 02, 2016 Some 23,000 Argentine oil and gas workers will go on a 48-hour strike beginning Monday to protest YPF's decision to lay off workers.

Mexico To Net $2.9B From Oil Hedge
Thursday, November 24, 2016 Mexico is set to book a $2.9bn gain on its 2016 oil hedging program, marking the second year in a row that the country has netted a multi-billion dollar payout from the options-based commodity hedges.

Statoil Acquires Petrobras' Operated Interest in BM-S-8 Offshore Brazil
Wednesday, November 23, 2016 Statoil acquires Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin.

Venezuela PDVSA Says In Grace Period For 2035 Bond
Tuesday, November 22, 2016 PDVSA confirms it is using a 30-day grace period for coupon payments on its 2035 bond, but said a JP Morgan report of payment delays on other bond issues was wrong.

Petrobras To Review Workers Profit-Sharing Pact
Tuesday, November 22, 2016 Petroleo Brasileiro SA is reviewing terms of a profit-sharing accord with workers, as rifts between the Brazilian state-controlled company and unions escalate.

  


Petrobras Says Injunction Suspends Sale Of Bauna And Tartaruga Verde Fields
Monday, November 21, 2016 Petroleo Brasileiro SA says an injunction in a civil lawsuit has forced the company to suspend the sale of stakes in the Bauna and Tartaruga Verde oil fields.

Range Resources Limited: QUN 160 Well Spuds in Trinidad
Friday, November 11, 2016 Range Resources Limited reveals that the QUN 158R development well in Trinidad, renamed QUN 160, has been successfully spudded.

Petrobras Posts Surprising Loss Amid Massive Asset Impairments
Thursday, November 10, 2016 Petrobras posts an unexpected third-quarter net loss.

Paper: Brazil Could Pay Petrobras Up To $20B Over Rights
Friday, November 04, 2016 Petrobras could receive as much as $20 billion from the Brazilian government in compensation for a fall in oil prices since an oil-for-stock swap in 2010.

Venezuela's PDVSA Reaches $1.45B In Finance Deals With Oil Firms
Friday, November 04, 2016 PDVSA announces financing deals totaling nearly $1.45 billion with local firm Delta Petroleum and India's ONGC.