Oil & Gas

OilGas1 Patrick Hendry
Argentina, Oil & Gas, Politics

Neuquén and Santa Fe Forge Strategic Alliance to Integrate Santa Fe Industries into Vaca Muerta’s Hydrocarbon Value Chain

Governors Rolando Figueroa of Neuquén and Maximiliano Pullaro of Santa Fe signed a strategic cooperation agreement aimed at increasing the participation of Santa Fe’s small and medium industrial companies in Neuquén’s hydrocarbon sector centered on Vaca Muerta. The pact signals a coordinated industrial and technological integration effort expected to expand supplier networks and promote regional […]

Neuquén and Santa Fe Forge Strategic Alliance to Integrate Santa Fe Industries into Vaca Muerta’s Hydrocarbon Value Chain Read Post »

oilgas9 pixabay
Argentina, Markets, Oil & Gas

Pecom injects $150 million to support $410 million acquisition of Manantiales Behr oilfield from YPF

Pecom, led by the Pérez Companc family, is accelerating its re-entry into Argentina’s conventional oil sector through the acquisition of the Manantiales Behr oilfield. Backed by a $150 million capital injection, Pecom aims to increase production in Chubut and capitalize on mature fields divested by YPF amid a strategic shift towards unconventional shale development in

Pecom injects $150 million to support $410 million acquisition of Manantiales Behr oilfield from YPF Read Post »

OilGas3 Danny Burke
Argentina, Markets, Oil & Gas

Southern Energy and SEFE sign eight-year LNG export contract from Argentina’s Vaca Muerta basin

Southern Energy and Securing Energy for Europe (SEFE) formalized an eight-year agreement for the export of 2 million tons of liquefied natural gas (LNG) annually from Argentina’s Vaca Muerta. Operations are slated to begin by late 2027 with the commissioning of the “Hilli Episeyo” liquefaction vessel in Golfo San Matías, Río Negro, marking a significant

Southern Energy and SEFE sign eight-year LNG export contract from Argentina’s Vaca Muerta basin Read Post »

pe1
Markets, Oil & Gas, Peru

Peru Increases Gas Supply Amid Ongoing Pipeline Repairs in Cusco, While Mining Investment Loses Regional Ground

Peru is managing a critical gas supply disruption caused by a pipeline leak and deflagration in the Megantoni district of Cusco, increasing natural gas availability to 80 million cubic feet per day during a 14-day rationing period. Meanwhile, Peru’s mining investment attractiveness continues to decline as four Latin American countries outperform its regional position. The

Peru Increases Gas Supply Amid Ongoing Pipeline Repairs in Cusco, While Mining Investment Loses Regional Ground Read Post »

ec1 enginakyurt
Economy, Ecuador, Oil & Gas

Ecuador Aims to Boost Oil Revenues Amid Rising WTI Prices Despite Production Challenges

Ecuador expects to increase oil revenues through higher export prices linked to the West Texas Intermediate (WTI) benchmark and a planned production rise starting mid-2026. However, constrained output and rising fuel import costs may temper fiscal gains despite current favorable market dynamics influenced by Middle East tensions. Ecuador’s oil export earnings are set to benefit

Ecuador Aims to Boost Oil Revenues Amid Rising WTI Prices Despite Production Challenges Read Post »

oilgas6 introspectivedsgn
Economy, Oil & Gas, Peru

Natural Gas Supply Disruption in Peru Halts Industrial Output and Raises Operational Costs

A recent rupture and explosion in Peru’s Camisea gas pipeline has triggered a nationwide natural gas shortage with immediate industrial shutdowns and higher fuel costs. The government’s emergency rationing prioritizes household and mass transit consumption, sidelining taxi services, while accelerating efforts to enhance gas infrastructure. Market conditions remain uncertain as repair timelines depend on weather

Natural Gas Supply Disruption in Peru Halts Industrial Output and Raises Operational Costs Read Post »

pepol3 mario vasquez rioja
Economy, Oil & Gas, Peru

Peru Implements Emergency Measures to Mitigate Natural Gas Shortage Following Camisea Pipeline Leak

Peru faces a critical energy supply disruption due to a gas leak in the Camisea pipeline, prompting government-imposed rationing and a shift toward alternative fuels across key sectors. The government’s response includes supply prioritization for households, public transport, and strategic industries, while ongoing repair efforts and rising global tensions may prolong the crisis and pressure

Peru Implements Emergency Measures to Mitigate Natural Gas Shortage Following Camisea Pipeline Leak Read Post »

OilGas2 M C
Economy, Oil & Gas, Peru

Natural Gas Supply Disruption Halts Up to 1,000 Peruvian Industries and Forces Shift to Costlier Fuels

A major natural gas pipeline rupture in Cusco has triggered nationwide gas rationing in Peru, impacting over 1,000 medium and large industries and 335,000 light vehicles including taxis that use Gas Natural Vehicular (GNV). Market focus intensifies on mitigating extended disruptions amid ongoing repairs and geopolitical energy price pressures. On March 1, a leak followed

Natural Gas Supply Disruption Halts Up to 1,000 Peruvian Industries and Forces Shift to Costlier Fuels Read Post »

Oil1 Zbynek Burival
Economy, Oil & Gas

Global markets recover after sharp declines as oil prices retreat from four-year highs amid Middle East tensions

Following historic oil price spikes driven by escalating conflict in the Middle East, global equity markets reversed early losses supported by a significant drop in crude prices. Market participants remain cautious as geopolitical volatility, particularly surrounding the Strait of Hormuz closures and regional production cuts, continues to pressure supply and inflation outlooks. Oil futures surged

Global markets recover after sharp declines as oil prices retreat from four-year highs amid Middle East tensions Read Post »

Scroll to Top
×