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.
LNG imports across the Latin America and Caribbean region will remain strong through 2030, according to Poten & Partners.
Argentina's dispute with the U.S. is in regard to tubular goods used in oil production.
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.
The existing license was first granted in 2019 to Halliburton Co., Schlumberger NV, Baker Hughes Co., Weatherford International LLC and Chevron Corp.
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.
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.
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.
Hess Corp.’s board of directors declared a regular quarterly dividend of $0.4375 per share, the company said on May 17.
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.