Venezuela, Trinidad to Set June Meeting to Discuss Dragon Gas Project

Officials from both governments last met in March in Venezuela, where they signed confidentiality agreements required to set up a negotiation framework, following the issuance in January of a two-year U.S. license green-lighting talks for the project.

May 26, 2023

LatAm LNG Imports Expected to Rise Through 2030

LNG imports across the Latin America and Caribbean region will remain strong through 2030, according to Poten & Partners.

May 25, 2023

Argentina Launches Dispute Against United States at WTO

Argentina's dispute with the U.S. is in regard to tubular goods used in oil production. 

May 25, 2023

Maduro Keen on Reactivating Venezuelan Oil Sector

Venezuela’s president Nicolás Maduro is keen on reactivating the OPEC country’s oil sector due to its impacts on economic and social aspects of life, according to Control Risks associate director Theodore Kahn.

May 24, 2023

US Renews License to Oil Service Firms in Venezuela Under Same Restrictions

The existing license was first granted in 2019 to Halliburton Co., Schlumberger NV, Baker Hughes Co., Weatherford International LLC and Chevron Corp.

May 23, 2023

Trinidad's Heritage Names ConocoPhillips Executive as CEO

Heritage Petroleum last year produced 13 million bbl of Molo crude from onshore and offshore properties. Most of the crude was exported to refineries on the U.S. Gulf Coast.

May 22, 2023

Study: Argentines Against Privatizing YPF

Argentine citizens, seemingly fed up with inflation, currency controls and the current ruling political party, are overwhelmingly against privatizing state-owned YPF SA, according to a new study.

May 19, 2023

Argentina Goes for LNG Exporting Glory

Argentina, after recently achieving World Cup triumph, is now chasing LNG exporting glory as it looks to monetize the massive Vaca Muerta Formation—but much needed foreign investment remains a challenge.

May 19, 2023

Hess Declares Regular Quarterly Dividend

Hess Corp.’s board of directors declared a regular quarterly dividend of $0.4375 per share, the company said on May 17.

May 18, 2023

Ecopetrol Says Permian ‘Strategic’ to Its Portfolio

Colombia state energy giant Ecopetrol, partnered in the Permian Basin with Occidental Petroleum, continues to view its U.S. shale assets as ‘strategic’ within its portfolio.

May 12, 2023