Authorities amend schedule for open season for capacity on the country's natural gas transportation network Sistrangas.
The Spain-based gas and power utility expects a better year ahead in terms of regulations and currency stability.
After reaching a settlement, the troubled Brazilian company will still be able to participate in public tenders and continue its operations in the country.
Former president Alejandro Toledo is the highest ranking official to be caught up in the ongoing corruption case.
In a securities filing, Brazil's state-run oil company said it received US$203mn in exchange for its 46% interest in the São Paulo-based company.
BNamericas spoke to Ariel Yépez, energy division chief for the Inter-American Development Bank, to get the latest on the subregions' pivot toward natural gas and away from oil for power generation.
North America's intra-regional hydrocarbons trade has doubled since the launch of Nafta in 1994.