Central & South America

Peru Reports Small New Oil Leak During Clean-Up of Prior Spill

Spain's Repsol SA, which was removing remnant crude oil from a pipeline 18 meters (59 feet) under the surface of the sea, said the escaped oil was an expected part of the process and contained.

Global News January 2022

US Oil Pipelines at Half-Capacity, U.S. Natural Gas Production to Increase in 2022, Osaka Gas Plans to Enter India’s City Market, and more.

Venezuela Halts a Free-Fall in its Oil Exports as Output Recovers

Venezuela last year halted the steep drop in oil exports that had crimped state oil firm PDVSA's ability to pay suppliers and sustain output.

Ecuador State-Owned Oil Pipeline Restarts Pumping Operations

Ecuador's state-owned SOTE oil pipeline has restarted pumping after works to address erosion in the country's Amazon region were completed.

Colombia Knocks Out Two Illegal Oil Refineries Belonging to Rebel Army

Colombian security forces neutralized two clandestine refineries in the country's northeast which belonged to the rebel National Liberation Army, the defense ministry said.

Brazilian Courts Suspend Petrobras Natural Gas Price Hikes

Courts in four Brazilian states have suspended a 50% hike in natural gas prices planned by state-run oil company Petrobras, likely kicking off an intense legal battle.

Key Ecuador Crude Oil Pipeline Ruptures While Halted by Erosion

The collapse in the pipeline's tubing did not cause any environmental damage given it was empty following its suspension, the ministry said.

Ecuador Declares Force Majeure for Oil Exports, Output Due to Erosion

Ecuador's government declared force majeure over its oil exports and production contracts after ongoing erosion in its Amazon region forced a halt to pumping on two pipelines.

Colombia Oil Theft Surges as Smuggled Gasoline Dries Up, Data Show

Gasoline is a key component in making cocaine but there have been shortages of the fuel in Venezuela, so criminal groups in Colombia are tapping pipelines for ever more crude, which they must later refine.

Petroperu Warns of Possible Fires at Pumping Station Occupied by Protesters

Petroperu warned on Monday that protesters who seized a pumping station of an oil pipeline a month ago risked causing fires and explosions at the facility, located in an Amazon jungle region of the country.

Guyana Planning 135-Mile Subsea Pipeline for Gas-Fired Power Plant

Guyana’s government expects work to begin on a major gas-fired power plant next year, which will be constructed with the expectation of a 220-kilometer (135-mile) pipeline also being built, Bloomberg reported.

Colombia ELN Guerrillas Claim Responsibility for Attacks on Oil Pipeline

Left-wing guerrillas from the National Liberation Army in Colombia have claimed responsibility for an attack against a pipeline used to transport crude to the country's most important refinery.

Brazil's Petrobras Agrees to Pay 1.4 Billion Reais for 2000 Oil Leak

Brazil's state-run oil company Petrobras said it has agreed to pay 1.4 billion reais ($254 million) to settle three civil suits relating to the leak of an oil pipeline in southern Brazil in 2000.

Venezuela's Coastal Villages, Fishermen Suffer as Oil Spills Rise

A breach in an undersea pipeline owned by state-run oil company PDVSA that had gushed for at least 10 days before being sealed was the cause, leaving an oil slick that floated over fishing grounds.

Bolivia’s YPFB Transporte to Boost Gas Pipelines Capacity

YPFB Transporte S.A.’s objectives for 2021 are to increase natural gas production and meet the growing demands of the domestic market, such as respecting the contracts with Brazil and Argentina.

Global News October 2021

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022, Brazil Seeks Natural Gas Pipeline from Argentina’s Vaca Muerta and more.

EIG Global Energy Partners Submits Offer for Petrobras Pipelines in Brazil

U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source said.

Brazil in Talks with Argentina for Gas Pipeline from Vaca Muerta

Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair Bolsonaro said.

New Fortress Energy to Provide Natural Gas to Unigel’s Brazilian Fertilizer Plants

The supply of gas from NFE’s Suape and Sergipe LNG terminals in Brazil’s northeast will connect Unigel’s operations to the global LNG and natural gas markets as well as significantly reduce pipeline transportation charges.

Enagas First-Half Net Profit Falls on Lower Fees in Spain

Spanish gas grid operator Enagas said its first-half net profit fell 9.8% to 213 million euros ($251.28 million) after a change of regulations in 2020 forced it to charge lower fees in Spain.

Republic of Panama, Energy Transfer Studying Potential Trans-Panama Gateway Pipeline

The Republic of Panama and Dallas-based Energy Transfer LP announced that the parties have signed a Memorandum of Understanding (MOU) to study the feasibility of joint participation in a proposed Trans-Panama Gateway Pipeline project.

Ecopetrol Reports Recovery of Operations After Stabilization in Colombia

Ecopetrol reported the recovery of its operations in the upstream, midstream, downstream and sales and marketing segments in Colombia, in connection with the adverse impacts the company had observed because of restrictions on mobility.

Petrobras' Albacora Seen Drawing At Least Three Buyers

Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters.

Ecuador Races to Move Oil Pipelines, Protect Power Plant from Raging River

Two dozen workers using six excavators cleared a strip of heavy forest in the foothills of Ecuador's Reventador volcano on an overcast June morning, rushing to carve a new route for an oil pipeline in hopes of avoiding a repeat of the country's worst oil spill in decades.

Argentina NatGas Woes Risk Slide Back into Energy Deficit

Argentina, which had steadily dug itself out of a deep energy deficit to post a slender surplus last year, is set to sink back into an energy hole this year that could reach $1 billion due to local natural gas shortfalls driving the need for expensive LNG imports.

Brazil's Petrobras Disqualifies Excelerate Energy's Bid on LNG Lease

Brazil's state-run oil company Petroleo Brasileiro SA said on Monday that it had disqualified U.S.-based Excelerate Energy LP's bid on a lease for an LNG terminal in northeastern Bahia state.

Ecuador's Lasso Names Former State Oil Executive as Energy Minister

Bermeo oversaw Petroamazonas' restoration of crude output following the bursting of two pipelines in April of 2020. The company, which focused on crude production, later merged with Petroecuador, which had focused on oil transport and refining.

Colombia Oil Industry Ready for New Jobo-Transmetano Gas Pipeline

Since the beginning of the pandemic, apart from the three critical months of March, April and May 2020, the Colombian oil industry best knew how to face this difficult situation in Latin America. The $400 million Jobo-Transmetano, expected to go into service in December 2024, is the biggest evidence of this.

Ecopetrol Operations Impacted by Colombia’s Protests

Colombia’s Ecopetrol has accumulated high levels of inventories in wholesale plants and the pipelines network due to protests that “have resulted in blockades of the country's main roads and isolated incidents against certain of the Ecopetrol Group's infrastructure."

Enbridge, Fluxys, EIG Bid for Brazil's Top NatGas Import Pipeline

A consortium of Canada's Enbridge, Belgium's Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil's largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week.