HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Apr.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 25 Apr. 2025 including coverage on Argentina, Ecuador, Mexico, Peru and Venezuela as well as updates on Enarsa, Transener, EP Petroecuador, Pemex, and PeruPetro SA, among […]
Tag: Perupetro
Peru Streaks Ahead in LNG Race to Europe as Trinidad Stumbles
(Reuters, 31.May.2022) — As liquefied natural gas (LNG) producers try to take advantage of a global energy shift triggered by Europe’s move to become independent from Russian gas, Latin America’s only two LNG exporters are moving in opposite directions. In Peru, LNG shipments are ramping up fast with special emphasis […]
Peru Oil And Gas Industry Eyes Rebound
(Argus, 5.Jan.2021) — Peru’s oil and gas industry is hoping for a rebound in 2021 following a year marred by the COVID-19 pandemic, violent indigenous protests and political instability. With oil and gas fields, and the 200,000 b/d North Peruvian oil pipeline, shut down repeatedly by social conflicts and a […]
LNG Exports Sink In Quarantined Peru
(Argus, 24.Mar.2020) — Peru’s natural gas production has been steadily declining and the Peru LNG plant has been idle since the government issued a national lockdown a week ago to prevent the spread of the new coronavirus. Gas production has fallen from 1.12bn cf/d on 15 March, the day the […]
Peru-Petro President Says 2018 Investments To Reach $505 Million
(Energy Analytics Institute, Ian Silverman, 1.Dec.2018) — Investment in exploration and exploitation of hydrocarbons will reach $505 million in 2018, up 3.9% compared to $486 million recorded in 2017, reported online media El Comercio, citing comments from Peru-Petro President Seferino YesquĂ©n. However, these figures are well below investments of $1.879 […]
PetroTal Conducting Test at Bretaña Oil Field in Peru
(PetroTal Corp., 25.Aug.2018) — The company placed the Bretaña oil field online at approximately 1,000 b/d during the initial testing and commissioning phase. To date, the well has accumulated approximately 40,000 barrels with no sign of water produced from the aquifer. The oil is being sold at the local Iquitos […]
PetroTal Reports 2Q:18 Financial Results
(PetroTal Corp., 23.Aug.2018) — PetroTal Corp. provided a summary of its financial and operating results as of June 30, 2018. Selected financial and operational information is outlined below and should be read in conjunction with the company’s unaudited consolidated financial statements, and management’s discussion and analysis (MD&A) for the quarter […]
Role of Peru’s Hydrocarbon Industry on Development
(Energy Analytics Institute, Ian Silverman, 9.Jul.2018) – PeruPetro will host a conference titled “Role of the Petroleum and Gas Industry for Peru’s Economic Development.” Details follow: When: 7 July 2018 Where: Talara, Peru Venue: Javier Pérez de Cuellar Auditorium (2nd floor of Municipal Library) Contact: PeruPetro ***
Peru President Cancels Tullow’s Offshore Oil Contracts
(Reuters, Marco Aquino & Mitra Taj, 23.May.2018) — The government of Peruvian President Martin Vizcarra canceled his predecessor’s decision to award five offshore oil contracts to London-based Tullow Oil PLC shortly before resigning, citing insufficient consultations with coastal residents. The reversal, which was published in the official gazette on Wednesday, […]
Baron Oil On Decision To Relinquish Peru Block Z-34
(Baron Oil plc, 10.Nov.2017) — Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision to relinquish Block Z-34, offshore Peru, and so notify Perupetro. The Block has been in Force Majeure since 2014 and […]
Anadarko To Invest $200mn In Peruvian Oil Area
(Reuters, 9.Oct.2017) — U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said on Monday. Kuczynski and company executives signed three exploration and drilling agreements with state oil agency Perupetro in blocks Z-61, Z-62 and Z-63 […]
Baron Provides Update On Block Z-34 Peru
(Baron Oil plc, 6.Feb.2017) — The Board of Baron Oil plc provided an update on activities in Peru on Block Z-34 Following preparation and presentation of a detailed drilling plan in Lima, the company is pleased to announce that Cuy-Z34-13-1X has now been accepted by PeruPetro, the responsible government agency, […]