Work Area: Gas

Campos Mello hires five from Tauil & Chequer as partner

Brazil’s Campos Mello Advogados in cooperation with DLA Piper has added to its senior rank by hiring four partners and a senior associate from Tauil & Chequer Advogados in association with Mayer Brown, bolstering its energy and environmental law groups.

20 October 2021

Argentina’s CGC raises funds to drill gas wells

Argentine oil and gas company Compañía General de Combustibles (CGC) has turned to Bomchil to issue US$120 million worth of notes in a two-tranche deal.

04 October 2021

US investor gets financing for Chilean gas purchase

Three White & Case LLP offices and Garrigues (Chile) have helped US energy investor Arroyo obtain a US$335 million acquisition financing for the purchase of Chilean gas company Gasmar.

17 August 2021

Cosan subsidiary buys gas assets in Petrobras divestment

Machado Meyer Advogados has helped Brazilian state-owned oil company Petrobras divest its remaining stake in gas distribution subsidiary Gaspetro, selling it to the energy business of local conglomerate Cosan for 2 billion reais (US$394 million).

05 August 2021

Petrobras sells remaining stake in BR Distribuidora

Linklaters in New York and São Paulo and Brazil's Lefosse Advogados have helped local fuel retailer BR Distribuidora in a secondary equity offering worth 11.4 billion reais (US$2.3 billion).

13 July 2021

CGC buys Sinopec’s oil assets in Argentina

Argentine oil and gas company Compañía General de Combustibles (CGC) has relied on HFW in London and Hong Kong and Marval O'Farrell Mairal in Buenos Aires to acquire Chinese counterpart Sinopec’s local operations.

09 July 2021

Mexico fines Praxair for breaching competition commitments

Mexico’s antitrust authority has fined a subsidiary of local industrial gas provider Praxair US$12 million for repeatedly failing to comply with commitments to restore competition in the markets for the bulk distribution of oxygen, nitrogen and liquid argon.

15 June 2021

Ecuador fails to annul bulk of Perenco arbitration award

An International Centre for Settlement of Investment Disputes (ICSID) committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.

09 June 2021

Several firms steer US$423 million gas provider purchase in Chile

White & Case LLP in Houston, Miami and New York has helped US energy investor Arroyo buy Santiago-based Gasmar from Chilean gas companies Abastible and Empresa Gasco for US$423 million.

07 June 2021

Pinheiro Neto steers Petrobras’ final divestment of local gas pipeline

Pinheiro Neto Advogados has helped an investment fund, controlled by Canadian investor Brookfield and Brazilian finance group Itaúsa, pay 1.8 billion reais (US$340 million) for Petrobras’ remaining stake in local gas pipeline operator Nova Transportadora do Sudeste.

24 May 2021

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