PDVSA, Enarsa on board to build first LNG train

Venezuela's state oil company PDVSA and its Argentine counterpart Enarsa have signed an agreement to form a JV for the construction and operation of Venezuela's first LNG liquefaction facility, PDVSA ...

• Venezuela

   PDVSA, CNPC agree to develop Junín 4, refinery

  Venezuela's state oil company PDVSA and its Chinese counterpart CNPC have agreed to produce oil at t...   more

• Mexico

   Pemex refining executive outlines downstream deficiencies

  Mexican state oil company Pemex's refining subsidiary is facing "strong restrictions" due to institu...   more

• Mexico

   PEP CEO calls for diversification of E&P to deepwater

  In order to maintain current oil production levels with only discoveries in land and shallow-water o...   more

• Brazil

   GulfMark sees pre-salts leading to boom in vessel demand

  US offshore marine services company GulfMark Offshore (NYSE: GLF) plans to use its expertise in Braz...   more

• Regional

   Gas Natural's Latin American Ebitda up 12.1% to US$170mn

  Latin American gas distribution operations contributed 110mn euros (US$170mn) to Spanish energy comp...   more

• Regional

   Petrolifera Q1 earnings dip 88%, to focus on Colombia, Peru

  Calgary-based Petrolifera Petroleum (TSX: PDP) posted a net profit of Cdn$1.7mn (US$1.69mn) in the f...   more

• Argentina

   Petrolifera: Price regulations beginning to affect industry

  Export restrictions and price controls imposed by Argentina's government on oil producers are beginn...   more

• Brazil

   EPE chief: Sugarcane second biggest contributor to energy matrix in 2007

  Sugarcane was the second largest contributor to Brazil's energy matrix in 2007, Maurício Tolmasquim,...   more

• Venezuela

   Minister: 30Bb of reserves added in April

  Venezuela added 30Bb of reserves in April, state news agency ABN quoted energy and oil minister Rafa...   more

• Paraguay

   Duarte inks biofuels incentives decree

  Paraguay's President Nicanor Duarte has inked decree 12103 that establishes incentives for promoting...   more