South America

Finance , Investment , Crude Oil

Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat

By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.

March 18, 2024

Investment , Exploration & Production , Lithium

M4E Lithium Closes Funding for Brazilian Lithium Exploration

M4E’s financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement.

March 15, 2024

Reservoir Evaluation , Field Development , Deepwater , Seismic

E&P Highlights: March 4, 2024

Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.

March 4, 2024

Discoveries , Emerging Plays , International , Policy & Regulations , Crude Oil , Natural Gas

Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest

Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.

March 4, 2024

Exploration & Production

Deadline in Trinidad and Tobago’s Bid Round Extended

Bids for the 13 shallow water blocks offshore Trinidad and Tobago are now due on May 27.

February 29, 2024

International , Natural Gas , Crude Oil , Liquefied Natural Gas (LNG) , Shale Plays

APA’s Permian to Pick up Production Slack Amid Overseas Headaches

With various overseas headaches, Houston-based APA Corp. aims to boost its Permian Basin volumes and integrate its Callon Petroleum acquisition when it closes in the second quarter.

February 26, 2024

Renewables , Energy Storage , Solar , Wind , Hydrogen

Energy Transition in Motion (Week of Feb. 23, 2024)

Here is a look at some of this week’s renewable energy news, including approval of the construction and operations plan for Empire Wind offshore New York.

February 23, 2024

Liquefied Natural Gas (LNG) , International , Acquisitions & Divestitures

Total CEO: US LNG Shaky, Global Projects Brought into Spotlight

U.S. President Joe Biden’s decision to pause approvals for new U.S. LNG projects benefits similar projects around the world and casts doubt around U.S. supply, TotalEnergies’  Pouyanné told analysts during the company’s quarterly webcast.

February 21, 2024

Field Development

TotalEnergies Fénix Platform Installed Offshore Argentina

First gas from the TotalEnergies-operated project is expected in fourth-quarter 2024.

February 13, 2024

Acquisitions & Divestitures , Liquefied Natural Gas (LNG)

EIG’s MidOcean Energy Acquires 20% interest in Peru LNG

On top of acquiring a 20% interest in Peru LNG, MidOcean Energy is also in the process of acquiring interests in four Australian LNG projects.

February 8, 2024