Repsol secures Peru power nod
The Spanish major plans to increase output at block 57.
The Spanish major plans to increase output at block 57.
State oil company PDVSA owes over US$24bn to services companies, which are increasingly opting to negotiate directly with PDVSA's joint-venture partners, an expert tells BNamericas.
A spate of recent discoveries and higher production have sparked hopes that Brazil's E&P segment is rebounding from a three-year slump.
The natural gas-fired plant would add 450MW to the country's power generation park.
Three marines and two suspected fuel thieves died in a gun battle in the Mexican state of Puebla on Friday.
BNamericas rounds up the week's oil and gas news from across the region.
The Spanish company will build two storage terminals in Guerrero state to supply the Petacalco power plant.
The government seeks to reduce its budget deficit, as collections have been suffering.
The Biobío environmental evaluation service has already recommended approval of the US$160mn Talcahuano LNG regasification terminal, despite local opposition.
Round 2.4 will involve 30 contract areas in four basins, with winning bids to be announced at the end of January.