Belize Eyes Onshore Exploration and Future Production Potential
English-speaking Belize, which borders Mexico and Guatemala, is hoping new discoveries onshore will help boost its declining production.
Uruguay’s ANCAP Eyes Offshore Potential, Second Energy Transition
Uruguay’s state-owned regulator ANCAP continues in negotiations with four IOCs and a consortium regarding six awards under the Open Uruguay Round bidding process, ANCAP Energy Transition Engineer Cecilia Romeu told Hart Energy
S&P Lowers Currency Ratings on Argentine Producers
S&P Global Ratings lowered the local and foreign currency ratings to ‘CCC-’ from ‘CCC+’ on Pampa Energia S.A., YPF S.A. and nine other entities, which all now have a negative outlook.
Energy Transition in Motion (Week of March 31, 2023): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including plans to add offshore wind capacity globally.
Brazil's Ministry Asks Petrobras to Reassess Decision on Suspending Signed Sales
Considering the election of a new management team appointed by CEO Jean Paul Prates and the preliminary analysis, the ministry requested the firm to take "the necessary measures for a better evaluation of the issue."
McDermott Wins Manatee FEED
The Trinidad and Tobago Manatee field is planned to start production in 2027.
Rig Providers Focus on Advancements to Keep Up with E&P’s Needs
With the offshore drilling market on a positive upswing, rig companies are trying to meet demand while adding the latest bells and whistles to their fleets.
Ecopetrol Names Alberto Consuegra as Interim CEO
Colombia state energy giant Ecopetrol has appointed COO Alberto Consuegra Granger as interim CEO, effective April 1, to replace Felipe Bayón Pardo who steps down on March 31.
Argentina Plans Ramp Up of Production, Export Oil to Chile
Argentina looks to restart oil exports to Chile along the Trasandino Argentina SA (OTASA) oil pipeline over the next three to four months, Aleph Energy Managing Director Daniel Dreizzen told Hart Energy on the sidelines of CERAWeek by S&P Global.
Venezuela’s Maduro Taps PDVSA Head for Petroleum Ministry
Venezuela’s President Nicolás Maduro tapped PDVSA President Pedro Rafael Tellechea Ruiz as the OPEC country’s new petroleum minister to replace Tareck El Aissami.