Gulfoilandgas.com Latin America Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com Latin America NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Mon, 27 Mar 2017 19:16:56 GMTMarubeni to Participate in Gas-Fired Power Plant in JamaicaFri, 24 Mar 2017 00:00:00 GMTMarubeni Corporation (Marubeni) is pleased to announce its participation in the Old Harbour gas-fired power station (Old Harbour Project) in Jamaica through its 40% interest in the Jamaica Public Serv...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58196&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saClarifications on the Libra Pilot ProjectThu, 23 Mar 2017 00:00:00 GMTPetroleo Brasileiro S.A., Petrobras and its partners are committed to implementing the production sharing agreement (PSA) for the Libra area, executed in 2013 and for which Libra Pilot, the first defi...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58227&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saEni Drills Successful Well Offshore MexicoThu, 23 Mar 2017 00:00:00 GMTEni has successfully drilled the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58220&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saTecpetrol Launches the Development Plan of Fortin de PiedraThu, 23 Mar 2017 00:00:00 GMTTecpetrol launches the development plan of Fortin de Piedra, in Vaca Muerta. It will require an investment of US $ 2.3 billion in the first phase until 2019. It provides for the drilling of 150 wells ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58219&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saDrilling Rig TenderWed, 22 Mar 2017 00:00:00 GMTPetrobras clarifies that it offered for sale by auction, seven drilling rigs, due to the move to reduce costs that the company has been pursuing in line with its Strategic Plan/PNG 2017-21. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58223&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saMelbana Energy Provides Block 9 Update in CubaWed, 22 Mar 2017 00:00:00 GMTMelbana Energy Limited (MAY) is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Bl...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58116&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saMelbana Plans to Drill Two Wells in Block 9 Onshore Cuba in 2018Wed, 22 Mar 2017 00:00:00 GMTMelbana Energy Limited is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Block 9 ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58111&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saTouchstone Announces Reduction in East Brighton Letter of CreditTue, 21 Mar 2017 00:00:00 GMTTouchstone Exploration Inc. (TXP) announces that the Trinidad and Tobago Minister of Energy and Energy Industries (MEEI) approved a reduction of the Company’s letter of credit supporting required work...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58110&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saBahamas Petroleum Awarded Licence Extension Offshore BahamasTue, 21 Mar 2017 00:00:00 GMTBahamas Petroleum Company, the oil and gas exploration company with a significant prospective resource in licences in The Commonwealth of The Bahamas, has provided an update on various activities. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58076&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saPetroRio Closing of Brasoil AcquisitionMon, 20 Mar 2017 00:00:00 GMTPetroRio, ( (BM&FBOVESPA: PRIO3), in connection with the Material Facts dated December 21, 2016, January 02, 2017, February 10, 2017, February 27, 2017 and March 07, 2017, hereby informs its sharehold...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58120&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saTouchstone Announces 2016 ReservesMon, 20 Mar 2017 00:00:00 GMTTouchstone Exploration Inc. (TXP) announces the results of the independent December 31, 2016 reserve evaluation (the Reserves Report) with respect to the Company’s crude oil reserves in the Republic o...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58069&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saNGC, Shell & PDVSA Finalize Historic Heads of AgreementFri, 17 Mar 2017 00:00:00 GMTThe signing of a Heads of Agreement (HoA) among NGC, Shell and Venezuela’s state oil and gas company, Petroleos de Venezuela SA (PDVSA) and marked an historic chapter in the energy evolution of Trinid...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58147&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saBrazil Assets Acquisition UpdateFri, 17 Mar 2017 00:00:00 GMTKaroon Gas Australia Ltd (Karoon) would like to provide an update with respect to the disposal by Petroleo Brasileiro S.A. (Petrobras) of the Bauna and Tartaruga Verde fields following the 15 March 20...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58062&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saVenezuela & Trinidad and Tobago Sign Gas Supply AgreementFri, 17 Mar 2017 00:00:00 GMTThe People’s Power Minister of Petroleum of the Bolivarian Republic of Venezuela, Nelson MartInez, and the Minister in the Office of the Prime Minister of the Republic of Trinidad and Tobago, Stuart Y...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58060&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saDrilling of Vaca Muerta Oil Resource PlayFri, 17 Mar 2017 00:00:00 GMTMadalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58035&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saPetrel Energy Announces Updates in UruguayThu, 16 Mar 2017 00:00:00 GMTThe Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig in Colorado and trucking of the rig and considerable ancillary equipment to Ho...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58007&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saPeterson Awarded Major 5 Year Contract to Support BP in TrinidadWed, 15 Mar 2017 00:00:00 GMTPeterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tob...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58061&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saPresident Energy Provides Reserves Update in ArgentinaWed, 15 Mar 2017 00:00:00 GMTPresident Energy (PPC), the oil and gas exploration company, provides the following reserves update on its Puesto Guardian Concession, Salta Province, Argentina. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58015&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saBrazil Court Authorizes Resuming the Divestment ProgramWed, 15 Mar 2017 00:00:00 GMTPetroleo Brasileiro S.A, Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) issued, repealed the pr...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58009&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_saLatin America Oil Supply - March 2017Wed, 15 Mar 2017 00:00:00 GMTOil supply from Latin America is predicted to increase by 0.18 mb/d to average 5.30 mb/d in 2017, despite declining in 2016 by 90 tb/d. Oil production in Brazil is expected to increase by 0.26 mb/d, w...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=57965&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_sa