Central & South America

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.