Regional News: South America

 
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Argentina's YPF Says Technology Lowering Its Shale Costs
Friday, June 23, 2017 Loma Campana is the first productive field in Argentina's Belgium-sized Vaca Muerta shale formation.

Petrobras Revives Plan for IPO of Fuel Distribution Unit
Friday, June 23, 2017 Petrobras' CEO said the company is reviving an initial public offering of its fuel distribution unit to cut its debt.

Rebel Bomb Attack Halts Colombia's Cano Limon Crude Pipeline
Thursday, June 22, 2017 A bomb attack over the weekend by the Marxist ELN rebels has halted the flow of crude along Colombia's Cano-Limon Covenas pipeline, sources say.

Venezuela's PDVSA Says Cardon Refinery Cracker Working Normally
Wednesday, June 21, 2017 The catalytic cracking unit at Venezuela's 310,000-barrel-per-day (bpd) Cardon refinery is now working normally.

Venezuela Looks Abroad for Fuel as Domestic Production Wanes
Tuesday, June 20, 2017 Venezuela, home to the largest oil reserves in the world, is seeking to import 13 million barrels of fuel this year.

  


ExxonMobil To Proceed With Development Of Liza Field Offshore Guyana
Friday, June 16, 2017 ExxonMobil says it will proceed with the development of one of the largest oil discoveries of the past decade, the Liza oil field.

Statoil Aims To More Than Triple Brazil Output
Monday, June 12, 2017 Statoil aims to more than triple its production in Brazil and wants to become the sole operator for the entire Carcara discovery.

Brazil's Petrobras Says One Dead In NS 32 Drillship Explosion
Friday, June 09, 2017 Petrobras reports an explosion on the NS 32 drill ship, which is operated by Odebrecht Oleo e Gas, according to a statement.

Venezuelan Refinery Reels As PDVSA Ships Light Oil To Cuba, Curacao
Tuesday, June 06, 2017 Venezuela's 187,000-barrel-per-day Puerto la Cruz refinery is running at 16 percent of capacity, mainly due to a lack of light oil.

Repsol Uncovers Largest Volume of Gas in 5 Years
Tuesday, June 06, 2017 Repsol uncovers its largest volume of gas in 5 years offshore Trinidad and Tobago.

BPTT Makes 2 'Significant' Gas Discoveries Offshore Trinidad
Friday, June 02, 2017 BP Trinidad & Tobago makes 2 'significant' gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad.

BP Gives Green Light To $500MM Gas Project Offshore Trinidad
Friday, June 02, 2017 BP gives the go-ahead for its $500 million Angelin offshore gas field development in Trinidad and Tobago.