Author: Charles Waine
Americas Correspondent
Trials and tribulations in the Permian
12 March 2020
Efficiency gains have streamlined operations at the world’s most exciting shale patch. But with the threat of a pandemic and ongoing oil price volatility, can production growth be sustained?
Saudi production hike heading for Asia
9 March 2020
Riyadh’s plan to boost market share by unleashing a tidal wave of crude onto the Asian market would be a boon for local refiners as the region recovers from Covid-19
Petrobras’ pre-salt focus pays off
3 March 2020
Brazilian NOC’s commitment to the offshore province and portfolio overhaul is helping offset unstable commodity prices
Asia resists calls for net-zero emissions
27 February 2020
Emissions targets have taken centre stage at oil and gas conferences. But Asia has different short-term priorities despite the potential damage climate change may cause in the developing world
Firms embracing digitalisation set to thrive
26 February 2020
Climate change and regulatory intervention are combining to create unprecedented opportunities across the energy sector
Mexico discovery strengthens Eni portfolio
21 February 2020
European firm returns oil from block acquired in landmark bidding round. But progress towards first production at Zama faces renewed uncertainty
Suncor looks to rebound
19 February 2020
Canadian producer aims for recovery after tough period of enforced production restrictions
Total defies the odds
14 February 2020
Succession of acquisitions and project ramp-ups help strengthen the company’s portfolio in a tough environment for the sector
US heavyweights feel the squeeze
11 February 2020
Financial results suffer as erratic global politics and abundant supply sends energy prices tumbling
Permian output growth stutters
4 February 2020
Sluggish production increases could trigger new wave of bankruptcies among operating minnows
ExxonMobil makes fresh Guyana discovery
31 January 2020
The fledgling Latin American producer’s upstream reputation builds as firm announces yet another find
Trafigura targets Argentinian potential
24 January 2020
Trading heavyweight acquires stake in President Energy, undeterred by the country’s financial and political risks
No quick fix for Tullow
21 January 2020
The embattled producer warns of another year of sluggish production and project hold-ups
Zama oil find targets 2020 FID
17 January 2020
Upgraded resource estimate from Mexican field boosts hopes of a financial decision, but a serious potential roadblock remains
Major oil find to boost Pemex growth
16 January 2020
The gap between what the Mexican state-owned oil firm aims to produce and its president’s ambitious output targets could be partially plugged by material from new Tabasco discovery
Maduro further muddies Venezuelan waters
13 January 2020
Regime’s attempt to seize parliamentary control creates yet another fracture in troubled Latin American nation
Guyana oil discovery does little to bolster Tullow
10 January 2020
An unwanted hat-trick of underwhelming oil finds fail to alleviate the whiff of crisis around troubled independent
Apache makes breakthrough Suriname find
9 January 2020
US independent’s share price soars as oil confirmed in frontier province
Petrobras defers production boom
6 December 2019
Brazilian heavyweight revises down its output projections as it focuses on the long-term
Brazil-Bolivia gas talks suspended
3 December 2019
Pipeline contract deadline looms as Brazil increasingly turns to LNG
Tullow’s last chance saloon
22 November 2019
Discouraging Guyanese crude appraisal ramps up the pressure on year-ending drill prospect
Landmark Brazilian auction falls flat
11 November 2019
Enormous offshore pre-salt reserves fail to entice IOCs to the Transfer of Rights surplus bidding round
Pemex posts a loss
8 November 2019
Sagging oil prices bruise the firm’s bottom line, despite a positive quarterly upstream performance
Bondholders close in on Citgo
1 November 2019
Venezuela misses crucial bond payment as danger of losing control of the US refiner looms
Electoral controversy paralyses Bolivia
24 October 2019
Demonstrations turn violent as president Evo Morales inches to disputed victory
Petrobras ramps up production
22 October 2019
Expanding output from the pre-salt province starts to bear fruit for the Brazilian company