Latin America & Caribbean
International , Natural Gas , Crude Oil
US Orders Most Companies to Wind Down Operations in Venezuela by May
The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections.
Field Development , Subsea , Discoveries , Deepwater
E&P Highlights: April 15, 2024
Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.
Acquisitions & Divestitures , Shale Plays
GeoPark to Acquire Interests in Vaca Muerta
GeoPark Ltd. entered into a binding offer to acquire a non-operated working interest in Argentina’s Neuquen Basin’s Vaca Muerta Formation as it extends its reach across Latin America.
International , Crude Oil
US Decision on Venezuelan License to Dictate Production Flow
The outlook for Venezuela’s oil industry appears uncertain, Rystad Energy said April 4 in a research report, as a license issued by the U.S. Office of Assets Control (OFAC) is set to expire on April 18.
Crude Oil , Natural Gas , Unconventional , Conventional , International
CERAWeek: Tecpetrol CEO Touts Argentina Conventional, Unconventional Potential
Tecpetrol CEO Ricardo Markous touted Argentina’s conventional and unconventional potential saying the country’s oil production would nearly double by 2030 while LNG exports would likely evolve over three phases.
Exploration & Production , Crude Oil , Natural Gas , International , CERAWeek
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
Field Development
E&P Highlights: March 25, 2024
Here’s a roundup of the latest E&P headlines, including a FEED planned for Venus and new contract awards.
Acquisitions & Divestitures , Service & Supply , Technology
ChampionX to Acquire RMSpumptools, Expanding International Reach
ChampionX said it expects the deal to extend its reach in international markets including the Middle East, Latin America and other global offshore developments.
Liquefied Natural Gas (LNG) , International , CERAWeek
CERAWeek: JERA CEO Touts Importance of US LNG Supply
JERA Co. Global CEO Yukio Kani said during CERAWeek by S&P Global that it was important to have a portfolio of diversified LNG supply sources, especially from the U.S.
Renewables , Solar , Wind , Hydrogen , Energy Storage , RNG
Energy Transition in Motion (Week of March 8, 2024)
Here is a look at some of this week’s renewable energy news, including a record-setting 2023 for U.S. solar.