Argentina’s LNG Project to Require $51 Billion Over 15 Years
Argentina’s state-owned YPF SA and its Malaysian counterpart Petronas eye the need for $51 billion in investments over 15 years as part of their joint plans to build out 25 mtpa in liquefaction capacity near Bahía Blanca.
Mexican Drivers Pay More for Gasoline than Americans
Mexican drivers are paying on average 135% more for regular gasoline than their American counterparts, according to data compiled by Hart Energy.
US-Mexico Energy Trade Reaches Record $81.9 Billion in 2022
Energy trade between the U.S. and Mexico reached a record $81.9 billion in 2022, according to new data from the U.S.-based Energy Information Administration (EIA).
Pemex on Track to Grow Oil, Gas Volumes in 2023
Mexico’s state-owned Pemex is on track to boost its oil, condensates and gas production by around 6% each in 2023—if the company can maintain the production momentum seen in the first five months of the year.
Noria Energy Launches 1.5-MW Solar Project in Colombia
California’s Noria Energy launched the 1.5-megawatt Aquasol pilot project in Colombia, which aims to take advantages of synergies from combining floating solar and hydroelectric reservoir resources.
Guyana Reveals Draft Petroleum Activities Bill
Guyana’s Ministry of Natural Resources, on behalf of the country’s government, released a draft Petroleum Activities Bill for a two-week public consultation.
Exclusive Q&A: Patterson-UTI, NexTier CEOs Talk Merger, Shale Dominance
Patterson-UTI President and CEO Andy Hendricks and NexTier Oilfield Solutions CEO Robert Drummond discussed the companies’ planned $5.4 billion merger in a Hart Energy exclusive interview.
LatAm Production to Grow 25% by 2028: IEA
The International Energy Agency forecasts total oil supply from non-OPEC+ Latin America to reach 7.5 MMbbl/d in 2028 on the backs of Brazil, Guyana and Argentina—offsetting declines in the rest of the region.
Mexico Embracing E-mobility, but Headwinds Persist
Mexico, home to the 10th largest population in the world, is increasingly embracing electromobility but like other countries worldwide will face headwinds in the process.
Venezuela, Iran Ink 25 Deals During State Visit
Venezuela and the Islamic Republic of Iran signed 25 deals across different development areas, including petrochemicals, during an official visit by Iranian President Seyed Ebrahim Raisi to Caracas.