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(Reuters) - Argentina has launched a tender process to build a new gas pipeline out of its huge Vaca Muerta shale formation that is expected to increase current transport capacity by 25%, the government said late on Friday. Companies have until July 8 to submit bids, according to a publication in Argentina's official gazette. The... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has begun the teaser phase for the sale of its entire 18.80% stake in the company UEG Araucária S.A. (UEGA), located in the state of Paraná. The teaser, which contains key information about the opportunity, as well as the eligibility criteria for the selection of potential participants,... Continue Reading →
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines. The introduction of more oil and gas exploration and production licensing rounds across Africa will enable the continent to make new... Continue Reading →
(EV) “There is a unique opportunity to invest in new projects, given the high prices, which we expect to remain high for a few years,” IHS technical researcher for Africa Ismini Katsimpardi said. “Projects that were not viable one or two years ago can now go ahead.” Katsimpardi talked through discoveries in Cote d’Ivoire, Namibia... Continue Reading →
(Reuters) - The United States exported 7.29 million tonnes of liquefied natural gas (LNG) last month, second highest on record, as sales to Europe and South America expanded, according to Refinitiv Eikon data. The United States is on track to become the world's largest LNG exporter this year, topping Australia and Qatar, as producers work... Continue Reading →
(Reuters) - As liquefied natural gas (LNG) producers try to take advantage of a global energy shift triggered by Europe's move to become independent from Russian gas, Latin America's only two LNG exporters are moving in opposite directions. In Peru, LNG shipments are ramping up fast with special emphasis on Europe, where a combination of... Continue Reading →
Colombian energy producer Ecopetrol ECO.CN aims to boost its oil and gas output by just over 40% to around 1 million barrels of oil equivalent per day (boepd) in 2030 and plans to start a pilot carbon capture storage (CCS) project, a senior company executive said. The projects are part of Ecopetrol's plan to ramp... Continue Reading →
African investment platform for the energy sector Energy Capital & Power has listed six key capital expenditure LNG project developments to watch in West Africa. The theme for this year’s MSGBC Oil, Gas & Power Conference & Exhibition is ‘The Future of Natural Gas: Growth Using Strategic Investment and Policymaking.’ This is a response to growing investor interest in... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras clarifies the pieces of news in the media about the natural gas purchase agreement signed between Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). In 1996, Petrobras entered into a long-term natural gas purchase and sale contract with YPFB, with a contracted volume of 30 MM m³/day. In 2019, the National... Continue Reading →
(PN) With an enviable portfolio of new offshore field developments, Brazil is expected to attract around 10% of the resources earmarked for new oil and gas projects worldwide by 2025. In addition, the country will receive a total of US$ 36.7 billion in investments in this period, which will be applied in the development of... Continue Reading →
Brazil Energy Insight 