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  • Cegás to invest in pipeline extension

    5/25/18
    Ceará state natural gas distributor Cegás will invest 78mn reais (US$21.4mn) by 2022 in 180km of pipeline extensions in northeast Brazil, a company spokesperson told BNamericas. The company has already started a bidding process for ...

  • Andean hydrocarbons watch

    5/24/18
    Repsol will invest US$500mn in Bolivia for the exploration and development of two areas with hydrocarbon potential over the next four years, the Spanish company said after its president Antonio Brufau met with President Evo Morales. ...

  • Ecopetrol hit by rising crude theft

    5/24/18
    Colombian state-run company Ecopetrol has denounced a sharp rise in crude oil theft at the Tibú field in Norte de Santander department. Criminal gangs have siphoned off 30,447b from 246 illicit valves connected to Ecopetrol's...

  • Colombia set for polarizing vote

    5/24/18
    Latin America's fourth largest economy will go to the polls on Sunday with opinion still deeply divided about a historic peace deal that ended the region's longest and bloodiest armed conflict. But it would be wrong to assume...

  • Argentina hydrocarbons watch

    5/23/18
    YPF has accused a Mapuche community in Neuquén province of obstructing the firm's operation in the Loma La Lata area. The company plans to drill 21 gas wells in the area and invest US$80mn, a statement said. Losses resulting from...

  • Brief: Brazil cuts fuel taxes

    5/23/18
    To bring fuel prices down, Brazil's finance minister Eduardo Guardia confirmed the government will eliminate a tax called Cide. The decision came after truck drivers started a national mobilization against rising fuel prices. ...

  • Peru pulls five offshore oil contracts

    5/23/18
    Peru's energy and mines ministry has repealed decrees authorizing the signing of contracts for the exploration and development of five offshore oil concessions with Tullow Oil in the north of the country, according to a press release. ...