In this Q&A, Luiz Antonio Maia Espínola de Lemos sheds light on the issues surrounding the pre-salt discoveries, and discusses challenges facing the Brazilian government in managing these resources.

Apache Corp. has made several changes in the company's regional and corporate leadership teams.

Tom Voytovich will become region vice president and general manager, Apache Egypt Cos. He has been region vice president - central region since March 2006.

John Bedingfield will become region vice president - Australia and managing director, Apache Energy Ltd. in Perth. He has been deputy managing director and exploration manager in Perth since August 2005.

Jon Graham will move to Buenos Aires to become region vice president - Argentina. He has been vice president - reservoir engineering in Canada since 2006.

Tim Wall will become region vice president and president of Apache Canada. He has been region vice president - Australia and managing director, Apache Energy Ltd. since March 2006.

Poyry promotes Fogg to oversee European oil, gas services

Engineering and consultancy firm Poyry has promoted Steve Fogg to president oil and gas Europe.

Fogg remains managing director of the company's Aberdeen office. Poyry's offices in the UK, Norway and Spain will report to him.

Standard Chartered has agreed with the IFC, a member of the World Bank Group, to develop a $1.25 billion funding partnership to facilitate global trade finance. The agreement is the first to emerge from the Global Trade Liquidity Program (GTLP), a trade finance initiative announced last week by World Bank president Robert B. Zoellick.

Excelerate Energy extends agreements for LNG delivery to South America's first-ever LNG import facility

The Woodlands, Texas, USA-based liquefied natural gas (LNG) importer and marketer Excelerate Energy LLC executed all agreements with YPF SA to provide another two years of LNG regasification services to YPF's importation facility at the port city of Bahí­a Blanca, roughly 400 miles south of Buenos Aires.

9
IPAA Mid-Continent Leadership Luncheon
Tulsa, Oklahoma
www.ipaa.org

20-22
IPAA OGIS New York
New York
www.ipaa.org