Central & South America

Ecopetrol CEO to Focus on Drilling after Pipeline Attacks

Colombia’s state-run oil company Ecopetrol SA will focus spending for the rest of the year on increased drilling activity and securing operational licenses, its chief executive said on Friday.

Midyear International Update: Pipeline Construction & Market Trends

Global energy trends and forecasts entering the second half of 2018 continue to support a generally bullish outlook for oil and gas production and infrastructure construction to meet growing demand and evolving patterns of interregional trade.

Argentina’s Vaca Muerta Pipeline to Improve Shale Gas Transport

In the three years since Mauricio Macri was elected president of the Argentine Republic, the federal government has stepped up efforts to meet unsatisfied gas demand of 40 MMcm/d in winter and increasing year-round demand to fuel an expanding industrial base.

Global News

An overview of recent global oil and gas pipeline news.

McDermott to Perform Diving for Offshore Pipeline Projects

McDermott International will start performing air and saturation diving next month for pipeline construction projects offshore South Africa and Trinidad and Tobago.

Sources: Petrobras scraps Liquigas IPO

Petroleo Brasileiro SA has given up on the idea of selling its Brazilian liquefied petroleum gas (LPG) unit through an initial public offering (IPO) and decided to reopen a sale process, three people with knowledge of the matter said

Chevron Evacuates Venezuela Executives Following Staff Arrests

Chevron evacuates executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA.

World News

An overview of recent worldwide oil and gas pipeline news.

World News

EIA Raises Global Oil Demand Forecast Global consumption of petroleum and other liquid fuels is expected to grow at a faster rate in 2018 than previously expected, according to the U.S. Energy Information Administration (EIA).   Based on EIA’s mid-January forecast revision, petroleum and other liq..

Latin America Forced to Face Growing Supply-Demand Gap

Latin America’s prominence on the world gas stage has increased over the last several years. Although it is well-endowed with natural gas resources, the region has struggled to find its footing as both a natural gas producer and consumer. Consequently, Latin America’s potential as a natural gas import province is the topic of increasingly animated debate.