At a Glance: The crude collapse
The price of West Texas Intermediate (WTI) oil briefly dipped below US$30/b on Tuesday for the first time since 2003, making many forecasts of US$40/b for this year look too optimistic.
Some observers have considered US$30/b a breaking point for even the most hardy oil exporters. But will OPEC's major players – particularly the Middle Eastern bloc – finally relent in their battle against US shale producers and turn off the taps?
BNamericas' wide coverage of the rout explains how Latin America's oil and gas industry has been affected and highlights what some companies and governments are doing to avoid major damage.
BAD NEWS
Petrobras cuts US$32bn from 5-year plan
Argentina leads LatAm rig decline
Mexican crude loses competitiveness in US market
Trinity E&P seeks debt reprieve
HOW TO DEAL WITH THEM
Juniors endorse Argentina oil pricing, FX measures
GUEST COLUMN: Only gas can make COP21 come true
Oil price anxiety to spark merger activity - consultancy
Puma Energy's disciplined strategy for a volatile market
GeoPark sets base case capex at US$45mn-55mn
BNAMERICAS' INTELLIGENCE SERIES REPORTS
Colombia's Oil Sector Looks for Positives
A Diagnosis of Venezuela's Suffering Oil Industry
Outlook 2016: Confronting The Age of Oil and Gas Abundance in Latin America
Hydrocarbons in Peru: Gas Takes Center Stage, Oil Dwindles
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News in: Oil & Gas
Touchstone announces closing of expanded bank facilities
The agreement includes an additional $10 million five-year non-revolving term loan facility
The private sector has made 93 investment announcements of more than US$36bn
According to the information from the announcements collected, in addition to the investment figure, the generation of 47,702 new jobs is observed.
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Other projects in: Oil & Gas
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: NewGen Carbon-Neutral & Green Hydrogen Project
- Current stage:
- Updated:
19 hours ago
- Project: Siderópolis (SC) - Porto Alegre (RS) Gas Pipeline
- Current stage:
- Updated:
20 hours ago
- Project: Block 25a
- Current stage:
- Updated:
2 days ago
- Project: Third CGC regasification plant (Sudestada)
- Current stage:
- Updated:
6 days ago
- Project: Centro-Oeste gas pipeline (former Triángulo Mineiro)
- Current stage:
- Updated:
7 days ago
- Project: Aguada Toledo - Sierra Barrosa area
- Current stage:
- Updated:
7 days ago
- Project: Faro Vírgenes field
- Current stage:
- Updated:
7 days ago
- Project: Block P-M-1522
- Current stage:
- Updated:
7 days ago
- Project: Block P-M-1520
- Current stage:
- Updated:
1 week ago
- Project: Néstor Kirchner pipeline, Phase II
- Current stage:
- Updated:
1 week ago
Other companies in: Oil & Gas
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Magal Soluciones Integrales (Magal Solutions)
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Magal is a global integrator of operational solutions for enhanced security, safety and efficiency. With over 50 years of proven experience, Magal specializes in designing and d...
- Company: Construção e Manutenção Electromecânica S.A. (CME)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Profit Banca de Inversión SAS
- Company: Llanos Oil SAS (Llanos Oil)
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Bogotá-based Llanos Oil provides services and facilities for the oil and gas and mining industries including the design, construction, rental, installation and maintenance of po...
- Company: Contugas S.A.C. (Contugas)
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Peruvian company Contugas S.A.C. is a subsidiary of Colombian energy firm Grupo Energía de Bogotá (GEB), and distributes and sells natural gas to residential, commercial and ind...
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