Central/South America
Key U.S. energy data trends to track as tariffs kick in
Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States' largest trade partners, which kicked in on Tuesday.
ExxonMobil plans large-scale gas/LNG projects in Guyana
ExxonMobil plans to boost natural gas output and supply in Guyana through a large-scale project, following the government's call for more gas to fuel onshore power and petrochemical projects, including a gas processing and LNG offshore facility to be built by U.S. company Fulcrum LNG.
Centrica signs 0.8-MMtpy LNG supply agreement with Brazil's Petrobras
Centrica announced that it has entered into a major Sale and Purchase Agreement with Petrobras. The contract provides for the purchase by Petrobras of 0.8 MMtpy of LNG for 15 years, commencing in 2027.
Canada's TC Energy beats profit estimates on Mexico pipeline strength
Canada pipeline operator TC Energy beat analysts' estimates for fourth-quarter profit on Friday, boosted by strength in its Mexican operations.
Woodside and Trinidad have agreed on initial commercial terms for deepwater gas project
Trinidad and Tobago is pushing producers, especially those offshore, to accelerate natural gas output in order to resume full use of its gas processing capacity-LNG output and exports have been curtailed in recent years by lack of gas.
Trinidad sees revenue increase from LNG sales after contract revamp
Trinidad and Tobago, the largest producer of liquefied natural gas (LNG) in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices.
Mexico to speed up plans to double gas storage capacity amid Trump supply fears
Mexico's government is looking to speed up plans to double its strategic natural gas storage capacity amid concern that U.S. President Donald Trump could use the country's dependence on U.S. gas as some form of leverage.
Argentina's YPF nears 20 MMt of LNG deals in Asia, Europe
Argentina's state-run energy firm YPF has tied up supply deals for up to 15 MM tonnes (t) of liquefied natural gas (LNG) for buyers in Asia, the country's cabinet chief said on Tuesday, as the South American nation looks to boost energy exports.
New Fortress Energy signs gas supply agreement with Energiza
New Fortress Energy has signed an agreement with Energiza to supply natural gas to a 478-megawatt (MW) combined-cycle power plant being developed in San Juan, Puerto Rico.
Vecino, DRW to develop South Texas gas storage, 40-mile pipeline to Agua Dulce
Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
Argentina's YPF signs deal with Indian firms to export LNG
Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 MMtpy of liquefied natural gas.
U.S. Ex-Im bank approves $526-MM gas-to-energy loan to Guyana
The U.S. Export-Import Bank approved a $526-MM loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports.
HIF Global begins installation of first direct air capture unit in Chile
HIF Global, a leading e-Fuels company, has announced the arrival of the first direct air capture (DAC) unit in Chile, an innovative technology that allows the extraction of carbon dioxide (CO₂) directly from the atmosphere.
YPF, Shell sign agreement for first phase of the Argentina LNG project
YPF President and CEO Horacio Marin, and Shell's Executive Vice President of LNG, Cederic Cremers, have signed a project development agreement (PDA) for the development of Argentina’s LNG project.
Wood Mackenzie: Defining the energy transition
As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.
Argentina government greenlights key Vaca Muerta gas pipeline project
Argentina's government has greenlit a key $500-MM private sector gas pipeline expansion project, a key signal of state support to boost transport capacity as it ramps up domestic energy production.
Update: Brazil, Argentina sign deal with Bolivia's YPFB to transport Vaca Muerta gas
Grupo Matrix Energia of Brazil and TotalEnergies of Argentina confirmed their first deal with Bolivia's state energy company, YPFB, to transport natural gas from the massive Vaca Muerta shale formation in Argentina as the region faces a supply shift.
Contentious COP29 deal shows climate cooperation fraying at edges
When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. One was crafted around a hoped-for deal being struck, while the other for the possibility of a summit-collapsing impasse.
Brazil and Argentina agree to studies on gas exports from Vaca Muerta
Brazil and Argentina signed an agreement on Monday to study the development of infrastructure for natural gas exports to Brazil, with Brazilian authorities saying the deal could lead to imports of as much as 30 MMm3d of gas by 2030.
Russia's Yamal LNG resumes ship-to-ship transfers near Murmansk
Russia's Yamal LNG project resumed ship-to-ship transfer of liquefied natural gas (LNG) near the port of Murmansk in order to free up ice-class tankers.
New gas pipeline in Argentina promises more domestic supply
Argentine officials celebrated the formal kick off of a major natural gas pipeline on Monday, a project that will provide supply from the country's booming shale development to both homes and businesses as well as eventually allowing for exports.
KBR awarded engineering and procurement services contract for Shell’s Manatee gas project
KBR has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.
Gas line connection to Exxon's FPSOs in Guyana completed
A pipeline that would allow Guyana to bring natural gas produced by an ExxonMobil-led consortium to shore has been connected to two of the project's floating production platforms.
The Gulf Energy Information Excellence Awards 2024 winners honored at live Houston gala
The 2024 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas (LNG) firm MidOcean Energy to 49% and fund its acquisition of a new 15% stake in Peru LNG from Hunt Oil Company.
New Fortress Energy receives non-FTA approval for its Mexico FLNG project
New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years.
North American LNG capacity to more than double by 2028
North America’s LNG export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcfd) in 2023 to 24.4 Bcfd in 2028, if projects currently under construction begin operations as planned.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- EnviTec Biogas looks to expand biogas production into the U.S.
- AGDC and Glenfarne to develop $44-B Alaska LNG project
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
