Ecopetrol, Repsol make hydrocarbon discovery in Colombia

(Reuters) - Colombian majority-state-owned oil company Ecopetrol and Spanish energy business Repsol have discovered hydrocarbons at the Tinamu-1 exploration well in Colombia's Meta province, the companies said on Monday. The well is located in the CPO-9 block, in which Ecopetrol (ECO.CN) holds a 55% stake and serves as the operator, while Repsol (REP.MC) holds the remaining 45%, the companies... Continue Reading →

Petrobras on Natural Gas commercial portfolio

Petróleo Brasileiro S.A. – Petrobras informs that it has approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio. With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new... Continue Reading →

Venezuela, Trinidad to Continue Talks on Joint Development of Dragon Offshore Gas Field

(Reuters) Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter.  Officials from both governments last met in March in Venezuela, where they signed confidentiality agreements required to set up a negotiation... Continue Reading →

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