Central & South America

Ecuador Scrambles to Contain Oil Spill in Amazon Region

Authorities in Ecuador are struggling to contain an oil spill after a landslide ruptured two oil pipelines earlier this week.

Ecuador Halts Crude Pipelines Due to Landslide, Says Exports Unaffected

Ecuador Halts Crude Pipelines Due to Landslide, Says Exports Unaffected

Brazil's Petrobras to Begin Sales Process for NTS Pipeline Stake: Executive

Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s director of gas and refining.

Peru Gas Workers Unearth Centuries of History in Lima's Soil

For nearly two decades, workers for a company building gas lines across Peru’s capital have found themselves unearthing a treasure trove of history.

Ecopetrol Halts Cano Limon Pipeline After Bombing

Colombia's state-run oil company Ecopetrol has halted pumping on its Cano Limon pipeline after a bomb attack in the country's northeast caused a fire and spillage of crude into waterways.

EDP Closes Financing for El Salvador LNG-to-Power Project

Energía del Pacífico (EDP) said it has completed project financing for the LNG-to-power project currently under construction at the Port of Acajutla, El Salvador. The infrastructure project brings approximately $1 billion foreign direct investment for the Central American nation, making it the largest private investment ever in the country, EDP said.

New Pipelines of Latin America

While proven reserves of natural gas in Latin America represent only 4% of global reserves, gas pipeline infrastructure is currently insufficient to meet growing demand.

Brazil Clears Bolivian Gas Company Use Pipeline

The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm Petrobras, according to a publication on Friday in the official gazette.

EDP Closes Financing for El Salvador LNG-to-Power Project

Energía del Pacífico (EDP) said it has completed project financing for the LNG-to-power project currently under construction at the Port of Acajutla, El Salvador. It is the largest private investment ever made in the country, EDP said.

Engie Brazil Wants to Buy Remaining Stake in TAG — CEO

Engie Brazil's CEO says the company is looking to buy the government out of its 10% stake in TAG.

Mexico Gas Pipeline at Center of Dispute Starts Operations

A major natural gas pipeline between Texas and the Mexican Gulf Coast port of Tuxpan that was at the heart of a dispute between Mexico’s government and infrastructure firms begins operations, the companies behind it said.

Brazil’s Petrobras Confronts Growing Pipeline Thefts

Brazilian state-run oil firm Petrobras said thefts from its pipelines soared to a record high 261 incidents in the states of Rio de Janeiro and Sao Paulo last year, up from just one case in 2014, according to a securities filing and a Reuters report.

Norway's Equinor Eyes Natural Gas Infrastructure in Brazil

Norway's Equinor is actively looking to install new natural gas infrastructure on the coast of Brazil to help facilitate the large amounts of gas being produced in the country.

Brazil’s LNG-to-Power Complex Funded; Phase 2 Underway

The Gas Natural Açu (GNA) joint venture between Prumo Logistica, BP and Siemens – developer of Brazil’s largest infrastructure project – has gained regulatory approval for LNG imports and satisfied lender conditions for $750 million in project financing to complete the 1.3 GW first phase of its LNG-to-Power complex at the Port of Açu.

Protests, Red Tape Block Millions in Colombia Oil Industry Investment

Some $700 million in investment spending by oil companies operating in Colombia is frozen because of contract delays caused by community protests and consultations, slow environmental licensing and court orders, the Colombia Petroleum Association said.

Brazil's Mystery Oil Spills May Have Criminal Source: President

Brazilian President Jair Bolsonaro said on Tuesday the oil spills that have been contaminating the northeastern coast since the beginning of September appeared to involve crimes.

Brazil's Petrobras Confronts New Foe: Fuel Thieves

Brazilian state-run oil firm Petrobras has in the last five years battled an epic corruption probe, a crippling recession and unsteady crude prices. Now, Brazil's most important company is facing yet another challenge: Thieves are robbing millions of dollars worth of its fuel to sell on a thriving black market.

U.S. Agency Commits $688 Million to Projects in Argentina

The U.S. government's development finance institution has approved four projects worth $688 million in Argentina, including oil and gas transportation and processing infrastructure for the Vaca Muerta field.

Two Overnight Bombings Damage Colombia's Cano Limon Pipeline

Two overnight bombings have damaged Colombia's Cano Limon pipeline, state-run oil company Ecopetrol said on Thursday, one spilling "highly volatile" oil into a river in the eastern province of Norte de Santander.

Mexican President Touts $4.5 Billion Savings in New Pipeline Deal

Mexico said on Tuesday it had struck a deal with a group of companies to renegotiate the terms of natural gas pipeline contracts signed under the previous administration that will eventually save the government $4.5 billion.

Peru Natural Gas Production Hit by Leak at Pluspetrol Plant

Argentine energy company Pluspetrol will reduce production from its Las Malvinas natural gas plant in Peru while it repairs a leak detected in one of its pipes, Peru’s government said.

Brazil's LNG-to-Power Complex Funded; Phase 2 Underway

The Natural Gas Acu joint venture between Prumo Logistica, BP and Siemens has gained regulatory approval for LNG imports and satisfied lender conditions for $750 million in project financing to complete the 1.3 GW Phase 1 of its LNG-to-Power complex at the Port of Acu.

Mexican President Hopes for Pipeline Deal Next Week

Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

China's CNPC Suspends Venezuelan Oil Loading Due to U.S. Sanctions: Sources

China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest U.S. sanctions on the South American exporter, three sources with direct knowledge of the matter told Reuters on Monday.

Bomb Damages Colombia's Cano Limon Crude Pipeline

A bomb has damaged a section of Colombia's Cano Limon pipeline, state-run oil company Ecopetrol said, the twenty-sixth attack on the pipeline this year.

Mexico’s CFE Looking to Renegotiate Several Pipeline Contracts

Mexican state power utility CFE said it try to negotiate a “fairer” resolution to contractual disputes with companies behind several pipelines yet to go into operation, and whose costs have been questioned by Mexico’s president.

Oil Storage Pools Set Ablaze in Colombia During Pipeline Repairs

Colombia's state-run oil company Ecopetrol said intruders deliberately set fire to crude oil retention pools it was using for storage during repairs to its bomb-damaged Caño Limón-Coveñas pipeline.

Mexico Finance Minister Departs over Pipeline Dispute

A Mexican state-owned power utility's move to seek arbitration over pipeline contracts was one of the final straws that pushed the country's former finance minister, Carlos Urzua, to resign from his post, Urzua said in an interview published Sunday.

ExxonMobil to Expand Infrastructure for Growing Argentina Production

ExxonMobil announced it will proceed with long-term development in Argentina’s Vaca Muerta shale, including the construction of pipeline and export infrastructure to support an expected 55,000 oil-equivalent bpd by 2024.

Petrobras Strikes Deal with Regulator to Sell Natural Gas Assets

Brazi's Petrobras has reached an agreement with anti-trust regulator Cade to sell off a series of natural gas transportation and distribution assets, the company said in an exchange filing on Monday.

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