Central/South America

Cheniere shunning Panama Canal for longer LNG routes to Asia

Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal.

Brazil's Eletrobras to sell gas-fired power plants

Brazilian power company Eletrobras has begun structuring a process to sell its gas-fired power plants, in line with a goal of reaching net-zero carbon emissions, it said.

Trinidad and Tobago signs preliminary LNG agreement with Suriname

Suriname said it signed a memorandum of understanding with Trinidad and Tobago that aims to increase energy cooperation, and people familiar with the matter said it could lead to natural gas from Suriname being piped to Trinidad and Tobago.

Trinidad to restart idled LNG unit by early 2027 amid restructuring

Trinidad and Tobago aims to restart an idled liquefied natural gas unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.

U.S. natural gas up 2% on forecast for more demand, record exports to Mexico

U.S. natural gas futures rose about 2% on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico.

Trinidad asks U.S. for changes to Venezuela gas project license

Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said.

FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion

Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.

Mexico energy regulator gives natural gas 'clean' label, drawing criticism

A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.

Venezuela, Trinidad to meet again in June to discuss Dragon gas project

Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.

Argentina seeking new Vaca Muerta pipeline work to move local gas supply

Argentina's government will next week call for bids to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta production to the north and center of the country.

Equinor and partners to invest $9 B in new gas field off Brazil

Equinor and its partners have decided to invest about $9 B to develop the BM-C-33 gas and condensate discovery off Brazil Norwegian company said.

New Fortress Energy could install Fast LNG units onshore at Altamira, Mexico

U.S. energy company New Fortress Energy Inc said it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.

Global gas markets rebalancing and remains tight in 2023

Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.

Mexico Pacific to pump $14 B into pipeline and plant

Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 B.

Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona

Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol and now aims to rapidly develop the field.

U.S. LNG exports go full steam ahead, sales to Latin America rise

U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America.

Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub

Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.

Canada's ATCO gives Mexico troubled pipeline after damage award

Canada's ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a dispute with the Mexican state power company.

US to kick off Gulf of Mexico oil drilling rights auction

The Biden administration will hold an auction of oil leases in the U.S. Gulf of Mexico, the first test of demand for new investment in the region since the Russian invasion of Ukraine tightened energy supplies and sent prices soaring.

McDermott awarded FEED contract from Shell

McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.

Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project

Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

Trinidad in substantive negotiations with Venezuela on gas project

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

Argentina expected to send draft bill promoting LNG to Congress

Oil and gas producers in Argentina expect the government will send draft legislation for promoting liquefied natural gas (LNG) production to Congress in the coming weeks.

Guyana sees natural gas as the next frontier after oil

Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves.

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

New Fortress Energy to complete first Fast LNG unit in Q2

New Fortress Energy plans on finishing building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing LNG there in July.

Trinidad and Tobago to begin negotiations with Venezuela for natural gas project

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project.

IEA convenes Special Ministerial on natural gas markets and actions to reinforce supply security

Some 40 countries will convene for a Special IEA Ministerial (International Energy Agency) on February 15 to review the state of natural gas markets and discuss actions to strengthen security of supply amid the global energy crisis.

Trinidad's Energy Minister to begin talks on gas deal in Caracas

Trinidad and Tobago's Energy Minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month green-lighted the joint development of a key offshore gas project.