Author: Charles Waine
Americas Correspondent
Bright future for Suriname and Guyana
19 November 2020
Expectations are high after a string of upstream successes and both governments ending their political impasses
PE Live: Safeguarding Mexican investment
16 November 2020
The suspension of licensing rounds may have disappointed the private sector. But international treaties offer crucial protection against further unwinding of the country’s energy reforms
PE Live: Easing unitisation tensions in Mexico
9 November 2020
The outcome of upstream discussions could prove to be a turning point for the country’s energy reforms and the future of international participation
Oilfield services sector stops the rot
4 November 2020
The economic downturn may have stabilised in the US, but full recovery looks a distant prospect
Bankrolling the Vaca Muerta
3 November 2020
Buenos Aires will pay out billions to keep the sector afloat despite Argentina’s stark economic crisis
Pre-salt buoys Petrobras
23 October 2020
Booming crude production in the region is helping to offset financial shock caused by Covid-19
US shale deal-making stirs to life
22 October 2020
Domestic acquisitions gain momentum after woeful performance across the first three quarters of the year
US shale patch dealmaking stays sluggish
16 October 2020
Several prominent deals have helped partially salvage M&A activity, but conditions still look gloomy
No recovery in sight for US shale
27 September 2020
Barrels may have returned to the market, but lack of drilling and bearish conditions will likely see production fall sharply across Q4
Kosmos sheds frontier portfolio
22 September 2020
Explorer divests non-core assets to cut costs and focus attention on proven basins
Petrobras pulls back spending
18 September 2020
Spotlight falls on pre-salt production as Latin American NOC dials down capex
Pemex scales back upstream goals
11 September 2020
The strained producer downgrades its 2021 forecast as rapid economic recovery looks doubtful
Window of opportunity for Petrobras asset sales
10 September 2020
Brazilian company has ambitious divestment package but could be thrown off track by adverse economic conditions
Schlumberger sheds US shale
4 September 2020
Major oilfield services player reshuffles portfolio to cope with dearth of work and spiralling costs
US shale running out of time
1 September 2020
Financial conditions may have rallied, but the long-term survival of many firms still hangs in the balance
Danger ahead for offshore services sector
28 August 2020
Unmanageable debt and a shortage of work is wreaking havoc on company finances. Bruising maturities starting from next year could signal even more pain
Oxy under pressure
19 August 2020
Crumbling revenues heighten concerns over looming debt maturities and the firm’s ability to avoid becoming another high-profile casualty
Pioneer dividend proposal aims to attract fresh investment
14 August 2020
The company’s new strategy to retain and draw shareholders aims to shake up the shale growth model
Suriname election soothes investor nerves
11 August 2020
Calmer political waters should help turn the country into a global exploration hotspot
Petrobras undeterred by tumbling profits
6 August 2020
Hefty financial losses and a depressed oil market fail to sway Brazilian NOC from pursuing ambitious upstream strategy
Bolivian election delay further dampens gas investment appetite
31 July 2020
The Andean country’s natural gas sector will be a casualty of a second vote being pushed back yet again
Pemex debt strategy at risk of unravelling
30 July 2020
The Mexican firm had made some progress arresting its hefty debt pile, but the economic downturn and government obsession with upstream targets has started to take its toll
US domestic M&A sent reeling
28 July 2020
Deal-making across the oil and gas patch has slowed to a crawl despite a swathe of potential devalued assets and strained companies eager to divest
Guyana’s deadlock chills the investment climate
23 July 2020
A worsening political crisis risks slowing the pace of oil sector growth in the small Latin American nation
Tapping Brazil’s natural gas potential
21 July 2020
Argentina’s Galileo aims to tackle the country’s lack of pipeline capacity through road tankers
Junk sale buys Oxy much-needed time
6 July 2020
US independent slices off chunk of near-term debt but ominous overhang remains an existential threat