Central & South America
Wood Mackenzie Warns of Gas Turbine Supply Constraints Through 2040
Wood Mackenzie expects new gas-fired generation projects of around 890 gigawatt (GW) capacity to be added globally between 2025 and 2040, with the U.S. and China leading at 47% annual additions during the same period.
U.S. NGL Exports Hit Record High Despite China Trade Disruption
U.S. exports of natural gas liquids hit a record high in April despite reduced shipments to China, as global buyers including India and Brazil boosted imports amid shifting trade flows.
Global Energy Exports Slide as Trade Risks Weigh on Oil and Fuel Demand
Global oil, LNG and fuel exports slowed in early 2025 as rising trade tensions and tariffs disrupt flows, pressuring demand across major import markets and raising risks for energy exporters.
Uruguay’s Ancap to Launch Natural Hydrogen Bid Round by Year-End
Uruguay’s Ancap plans to launch a bidding round for natural hydrogen exploration and development by year-end, with offers expected in 2026, while also eyeing a future carbon capture bid round.
Saudi Arabia Can Control Oil Supply, But Demand May Be Its Achilles’ Heel
Saudi Arabia is flexing its oil supply control, but weakening global demand could undermine its strategy and pose challenges.
TotalEnergies Files for $16 Billion Green Hydrogen, Ammonia Hub in Chile
TotalEnergies has filed for environmental approval of a $16 billion green hydrogen and ammonia project in Chile, which includes wind power, electrolysis, desalination, and maritime export infrastructure.
Golar LNG to Supply Second Vessel as Argentina Ramps Up Floating LNG Project
Argentina's Southern Energy Project said on Friday it has agreed to a contract with Golar LNG for a second liquefaction vessel with a capacity of 3.5 million metric tons of LNG per year, which is expected to arrive in the country in 2028.
Venezuela Oil Exports Drop 20% as Chevron Cargoes Canceled Over Sanctions Dispute
Venezuela's oil exports dropped 20% in April after state-run PDVSA canceled Chevron cargoes over sanctions-related payment issues, leaving ports idle and shipments returning.
Tankers Bottleneck at Aging Venezuela Oil Port Before U.S. Export Deadline
Oil tankers are queuing at Venezuela’s deteriorating La Salina port ahead of the U.S. license expiry on May 27, triggering delays as PDVSA pushes new crude exports.
Colombian Oil, Gas Guild Urges Action to Curb E&P Decline, Address Gas Shortfall
The main Colombian guild for oil, gas, and energy service companies proposed on Tuesday several measures to mitigate the drop in exploration and production (E&P) of oil and to take on the natural gas deficit in the South American country.
Argentina's YPF Drops Plan for Land-Based LNG Plant, Will Rely on Floating Facilities
Argentina’s state-run YPF has scrapped plans for an onshore LNG facility and will instead use floating liquefaction vessels to export gas from Vaca Muerta, CEO Horacio Marin said.
U.S.-China Trade War Reshapes Global LPG Flows, Pressures Prices
China is shifting away from U.S. LPG imports due to new tariffs, boosting demand for Middle East supply and altering global liquefied petroleum gas trade routes. The disruption is expected to affect prices, inventories, and global petrochemical markets.
Cosan’s Edge Imports Argentine Gas to Brazil Using Bolivian Pipeline
Brazil’s Edge, part of Cosan Group, has imported Argentine natural gas via Bolivia for the first time, using existing regional pipeline infrastructure. The deal, in partnership with Tecpetrol, signals growing cross-border gas flows from Argentina’s Vaca Muerta shale.
Dominican Republic Signs 15-Year LNG Deal with TotalEnergies for New Gas Plant
France's TotalEnergies has signed an agreement to supply 0.4 million tons of liquefied natural gas (LNG) annually to Enadom to power a future electricity plant, part of the Dominican Republic's plan to rely less on fuel oil and coal.
Eni, YPF Agree to Jointly Develop Argentina LNG Project with FLNG Units
Eni and Argentina's state energy company YPF have signed a Memorandum of Understanding (MoU) to jointly evaluate Eni’s participation in a key phase of the Argentina LNG project, the companies said on April 14.
Colombia Considers Long-Term Gas Imports to Ease Deficit, Cut Prices
The Colombian government could tie up long-term gas import contracts in a bid to cover its energy deficit and lower prices, Mines and Energy Minister Edwin Palma said on Friday.
PDVSA Suspends Oil Loading Approvals for Chevron, Disrupting Exports, Sources Say
Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources with knowledge of the decision said on Thursday.
Venezuela Declares Economic Emergency as U.S. Crude, Gas Export Sanctions Hit
Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government to declare a state of economic emergency in response to U.S. sanctions and tariffs.
Panama Canal to Open Bidding for New LPG Pipeline Project
The Panama Canal Authority has approved the launch of a bidding process for a new LPG pipeline project, aiming to streamline cross-canal transshipment and reduce vessel traffic. The project targets improved cargo flow and supports sustainable development.
Argentina Opens $1.4 Billion, 326-Mile Pipeline to Double Oil Export Capacity
Argentina has inaugurated a $1.4 billion, 326-mile oil pipeline from the Neuquen Basin to Puerto Rosales, doubling crude transport capacity to 540,000 bpd and boosting exports by up to $8 billion annually.
Argentina Sends First Vaca Muerta Gas to Brazil Through Bolivian Pipelines
Argentina has started exporting natural gas from its Vaca Muerta shale to Brazil via Bolivian pipelines, marking a new energy trade route in South America. The deal, involving TotalEnergies, Bolivia’s YPFB and Brazil’s Matrix Energia, could reshape regional gas supply dynamics.
Argentina’s Allen-Punta Colorada Pipeline Well Underway
Argentina’s YPF has begun construction on the second section of the 272-mile Allen–Punta Colorada pipeline, part of the Vaca Muerta Sur project. The line will transport up to 700,000 bpd of crude oil for export, with SCADA systems, storage terminals, and offshore VLCC loading capacity.
Global News April 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
BP Approves New Gas Project in Trinidad to Aid Atlantic LNG Output
BP has approved its Ginger gas development offshore Trinidad and Tobago, part of a renewed focus on natural gas to support the country’s Atlantic LNG facility. Production is expected to begin in 2027, with peak output reaching 62,000 barrels of oil equivalent per day.
New Fortress to Sell Jamaica LNG Assets to Excelerate for $1.1 Billion
Included in the deal are NFE’s LNG import terminal in Montego Bay, its offshore floating storage and regasification unit (FSRU) in Old Harbour, and a 150-megawatt combined heat and power plant in Clarendon, along with associated infrastructure.
Oil Loading Slows at Venezuela's Ports Amid U.S. Tariffs, License Termination, Data Shows
Oil exports from Venezuela are slowing as new U.S. tariffs disrupt trade and Chevron begins winding down operations in the country. Tanker data shows growing congestion at key ports as uncertainty over the tariff’s impact stalls shipments to major buyers like China.
Venezuela’s Opposition Proposes Energy Reform to Open Pipelines, Refineries to Foreign Investment
Venezuela’s opposition has proposed sweeping energy reforms that would shrink state oil firm PDVSA and open up oil fields, refineries, and pipeline infrastructure to international investors — a move aimed at attracting support from the U.S. and global energy companies.
Ecuador’s Petroecuador Restarts SOTE Crude Pipeline After Landslide
Ecuador's state oil company Petroecuador said on Wednesday that it had restarted crude transport via the SOTE pipeline after repairing damage caused by a landslide.
Explosive Attacks Halt Two Oil Pipelines in Colombia, Military Blames ELN
Two oil pipelines in rural northeastern Colombia were forced to suspend pumping after they were attacked with explosives, oil transport firm Cenit said on Thursday, while the military blamed the National Liberation Army (ELN) for the strikes.
Shell to Develop Venezuela’s Dragon Gas Field, Build Pipeline to Trinidad by 2026
Shell is expected to begin an environmental baseline survey in April to look at the waves, sea currents, earth movement and marine life, as part of the engineering work to construct a pipeline from Dragon to its facilities in Trinidad.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
