TotalEnergies Expands Acreage Offshore Suriname
The new block comes out of Bid Round 2022-2023 for what Staatsolie refers to as the Demerara Acreage.
Survey: Focus Remains on Energy Transition But Challenges Mount
More than 450 executives and investors in renewable energy, oil and gas, utilities, mining, electric vehicles and nuclear were polled by the Womble Bond Dickinson law firm.
Permian 2.0? The Case for Argentina’s Vaca Muerta
Argentina’s Neuquén Province Energy Minister Alejandro Rodrigo Monteiro spoke with Hart Energy’s International Managing Editor Pietro D. Pitts in an exit interview about the importance of the Vaca Muerta and how the South American country is building a strong case for the play to be referred to as the Permian 2.0.
E&P Highlights: Dec. 11, 2023
Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.
Achieving Energy Self-Sufficiency: Argentina’s Game Changing Vaca Muerta
Argentina’s Vaca Muerta or “dead cow” shale formation represents a game-changing opportunity to convert the South American country into a major exporter of piped-gas and oil to the Southern Cone region as well as oil and LNG to world markets.
E&P Highlights: Dec. 4, 2023
Here’s a roundup of the latest E&P headlines including a number of field development project contract awards.
What's Affecting Oil Prices This Week? (Dec. 04, 2023)
At the meeting OPEC+ agreed to reduce its oil production by another 700,000 bbl/d – which will come from Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman.
ABB Awarded Order for LNG Phase 1 of Rio Grande Facility
Utilizing ABB’s products and services, Rio Grande LNG Phase 1 is expected to produce 17.6 million tonnes per annum (mtpa) of LNG.
Petrobras Eyes Capex of $102B Under New Strategic Plan
Petrobras plans to invest $102 billion between 2024-2028 under its new strategic plan, up 31% compared to their 2023-2027 plan, aiming to achieve production of 3.2 MMboe/d by the end of the five-year timeframe.
Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why
In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.