(Energy Analytics Institute, Ian Silverman, 30.Mar.2015) – “The exchange controls don't have an economic justification and is used only as a form of political domination,” reported the daily Quinto Día,...
(Energy Analytics Institute, Piero Stewart, 31.Mar.2015) – Venezuela's electric energy sector incurred investments of $444 million and 518 million Venezuelan bolivars in 2014 on three projects in Venezuela's western region,...
(Energy Analytics Institute, Piero Stewart, 31.Mar.2015) – Venezuela's foreign minister Delcy Rodríguez met with San Cristobal and Nieves Prime Minister Timothy Harris to discuss bilateral relations. The official also reviewed...
(Energy Analytics Institute, Jared Yamin, 31.Mar.2015) – Venezuela's Foreign Minister Delcy Rodríguez met with Antigua and Barbuda Prime Minister Gaston Browne to discuss bilateral trade and energy matters. Antigua and...
(Petrobras, 31.Mar.2015) – The Board of Directors of Petrobras Argentina (PESA) approved the sale of all of its assets in the Austral Basin (province of Santa Cruz) to Compañia General...
(Gold Reserve Inc., 30.Mar.2015) – Gold Reserve Inc. reported on developments in the proceedings instituted in the U.S. District Court for the District of Columbia to confirm the $740 million...
(Energy Analytics Institute, 30.Mar.2015) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as such. REGARDING COLOMBIA * A...
(Energy Analytics Institute, Ian Silverman, 29.Mar.2015) – “PDVSA has completely diversified its oil markets, conquering spaces in Asia, India, Europe and South America, among others, and with a great presence...
(Energy Analytics Institute, Piero Stewart, 29.Mar.2015) – PDVSA announced an armed commando group attacked its Tejero Operating Center installations located in the Punta de Mata Eastern Executive Division in Monagas....
(Ecopetrol S.A., 28.Mar.2015) – Ecopetrol S.A. hereby reports that, at the shareholders' meeting held on March 26, 2015 , the following amendments to the rules and procedures governing our shareholders'...
(Petrobras, 27.Mar.2015) – The Petrobras Annual Shareholders' Meeting scheduled for April 29, 2015 will elect new members of the Board of Directors and Fiscal Council. Petrobras has not yet completed...
(Petrobras, 27.Mar.2015) – Petrobras has decided to initiate its plan for withdrawing from Okinawa, Japan. The plan involves closing down the refining activities of the Nansei Sekiyu refinery (NSS). To...
(First Titan Corp., 26.Mar.2015) – As First Titan Corp. targets undervalued energy assets across North America for acquisition and development, Mexico is sweetening its tax terms to help attract energy...
(Energy Analytics Institute, Piero Stewart, 26.Mar.2015) – External issues deprived Ecopetrol of the ability to produce 64,000 barrels per day (b/d) in 2014 as follows: An estimated 28,000 b/d was...
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) – Venezuela's Oil Minister Asdrúbal Chávez met with his Russian counterpart Alexander Novak in Moscow. The officials discussed bilateral projects and evaluate the progress...
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) – Venezuela presented a letter to the ICSID court requesting the dismissal of judge Kenneth Keith. Keith is the president of the arbitration tribunal...
(Ecopetrol S.A., 26.Mar.2015) – Ecopetrol S.A. hereby reports that, at the Shareholders' General Assembly held on March 26, 2015, the following changes were made to its bylaws: The following corporate...
(Energy Analytics Institute, Ian Silverman, 26.Mar.2015) – Ecopetrol continues to be a solid company with many growth opportunities in its different business segments, said Ecopetrol’s outgoing president Javier Genaro Gutiérrez...
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) – Ecopetrol's shareholder assembly approved a dividend equivalent to 70 percent of the 7.81 billion peso profit obtained in 2014. The total dividend was...
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) – During the first two months of 2015 Ecopetrol's production remained around 725 Mb/d primarily due to record production at the Castilla and Chichimene...
(Energy Analytics Institute, Jared Yamin 25.Mar.2015) – Vietnam's state oil company PetroVietnam is evaluating its exit from a Venezuelan heavy oil project where it is partnered with its Venezuelan counterpart...
(Petrobras, 25.Mar.2015) – At a meeting on March 24, 2015, Petrobras' Executive Board gave the go-ahead for a project to review its corporate governance and organizational management model, based on...
(Energy Analytics Institute, Ian Silverman, 24.Mar.2015) – Argentina is considering importing 200 megawatts of energy from Bolivia in 2015, announced Bolivia's President Evo Morales. The official also announced Brazil was...
(Energy Analytics Institute, Ian Silverman, 24.Mar.2015) – Bolivia is considering exporting energy to Brazil and Peru, reported the daily newspaper La Razón, citing National Electricity Company (ENDE Corporación) National and...
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) – The LNG regasification plant (called ‘GNL del Plata’ in Spanish) in Montevideo, Uruguay is expected to be ready in November of 2016, reported...
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) – Officials in Uruguay are worried about difficulties that have translated into delays at the Montevideo LNG regasification plant. “Its a very significant project...
(Petrobras, 24.Mar.2015) – The Libra consortium has finished drilling extension well 3-BRSA-1267-RJS/3-BRSA-1267A-RJS (3-RJS-735/735A). The drilling results confirmed the presence of a hydrocarbon column approximately 200 meters deep in reservoirs with...
(Petrobras, 22.Mar.2015) – Economist Guido Mantega resigned on March 23, 2015 from the Petrobras' Board of Directors, leaving his position as President. The Board approved by majority vote the election...
(Energy Analytics Institute, Piero Stewart, 20.Mar.2015) – Venezuela will continue to supply the USA with its oil. This despite a decree recently signed by US President Barrack Obama against seven...
(Energy Analytics Institute, Piero Stewart, 20.Mar.2015) – Petrocaribe is an important instrument that has allowed our Caribbean brothers to overcome their problems, reported Venezuelan state news agency AVN, citing Venezuela's...
(Energy Analytics Institute, Jared Yamin, 20.Mar.2015) – Venezuela plans to continue defending a strategy within OPEC that favors higher oil prices versus a strategy based on volumetric production, reported Venezuelan...
(Karoon Gas Australia Ltd., 20.Mar.2015) – Karoon Gas Australia Ltd.'s disclosed that the Kangaroo-2 appraisal well, located in exploration Block S-M-1165, confirmed a 820 foot (250 meter) gross or 443...
(Petrobras, 19.Mar.2015) – Petrobras output from the Santos and Campos basin pre-salt clusters reached record levels in February. On 26 of the month, records were broken for own output, which...
(CGG, 19.Mar.2015) – France's CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation to acquire and process a 6,299-square mile (16,314square kilometers) 3D seismic survey on...
(Chevron, 18.Mar.2015) — The Loma Campana project, operated by partner YPF S.A., is making impressive progress as the first development project in Argentina’s Vaca Muerta formation, one of the biggest...
(Petrobras, 18.Mar.2015) – Petrobras set a new national record, drilling under a water column (distance between the water surface and the seabed) of 2,990 meters. This was achieved in February...
(Energy Analytics Institute, Ian Silverman, 15.Mar.2015) – We want to build relations with the United States based on respect, announced Bolivia's Vice President Alvaro García Linera. “When we got into...
(Pacific Rubiales Energy Corp, 14.Mar.2015) – Pacific Rubiales Energy Corp. and Ecopetrol, S.A. have agreed not to extend the Rubiales and Pirirí Field Association Contracts, expiring in June 2016 ....
(Energy Analytics Institute, Jared Yamin, 13.Mar.2015) – The United States is not contemplating applying any measures against Venezuela's petroleum sector, according to the daily newspaper El Universal, citing an U.S....
(Petrobras, 13.May.2015) – Petrobras CEO Aldemir Bendine participated in a ceremony to return to Petrobras sums recovered through the Federal Police’s “Operação Lava Jato” anti-corruption investigation. At the event, a...
(Owens-Illinois, Inc., 12.Mar.2015) – Owens-Illinois, Inc. reported that its Dutch subsidiary, OI European Group B.V. (OIEG), has prevailed in an international arbitration against Venezuela. OIEG has been awarded more than...
(Gran Tierra Energy Inc., 12.Mar.2015) – Gran Tierra Energy Inc. announced cost reductions in line with its strategy to preserve its strong balance sheet and maximize potential for future growth....
(Petrobras, 12.Mar.2015) – On March 10, 2015 Petrobras started up its early production system in the Santos Basin’s Buzios field. This will be the first large-scale long-term production run in...
(Energy Analytics Institute, Piero Stewart, 10.Mar.2015) – Colombia inaugurated its first electronic car charging station in Bogotá. The station will be located in the Unicentro Mall and will offer service...
(BPZ Resources, Inc., 9.Mar.2015) – BPZ Resources, Inc. announced that it has filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief...
(Energy Analytics Institute, Piero Stewart, 9.Mar.2015) – “We are advancing with Nicaragua and opening up possibilities to the rest of the Caribbean,” said Venezuela's Oil Minister Asdrubal Chavez on state...
(Energy Analytics Institute, Piero Stewart, 6.Mar.2015) – Venezuela’s President Nicolas Maduro says the Caribbean region has to always be together. “Petrocaribe is our road of respect, solidarity, brotherhood, the union...
(Petrobras, 6.Mar.2015) – Petrobras announces that on March 4, 2015, the presiding judge appointed Universities Superannuation Scheme, Ltd. as the lead plaintiff in the Class Action filed against Petrobras in...
(Ecopetrol, 6.Mar.2015) – Ecopetrol announces that its Board of Directors appointed Mr. Juan Carlos Echeverry as the new CEO of the company, effective April 6, 2015. With extensive knowledge of...
(Energy Analytics Institute, Jared Yamin, 3.Mar.2015) – Venezuela announced a financing scheme for oil shipments to Uruguay, according to a decree revealed on March 2, 2015 in Venezuela's Official Gazette...
(Global Credit Research, 3.Mar.2015) – Moody's Investors Service comments that Braskem S.A. announcement of a third extension of its naphtha supply contract with Petroleo Brasileiro S.A. (Petrobras) is credit negative...
(BPZ Resources, Inc., 2.Mar.2015) – BPZ Resources, Inc. announced it will exercise a provision under the bond indenture for the 6.5% Convertible Notes due March 1, 2015. The bond has...
(Petrobras, 2.Mar.2015) – Petrobras announces that its Board of Directors, on a meeting on February 27, has approved a contract with PricewaterhouseCoopers Auditores Independentes for the provision of accounting audit...
(Technip S.A., 2.Mar.2015) – Technip was awarded a major contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65% WI), BG (25% WI) and Galp (10% WI),...
(Petrobras, 2.Mar.2015) – Petrobras announced that its Executive Board, on a meeting on February 26, 2015, has approved the company’s two-year (2015/2016) divestment plan. Divestitures total $13.7 billion, and include...
(Ecopetrol S.A., 2.Mar.2015) – Ecopetrol announces its results for the fourth quarter of 2014 and the full year 2014. - Net proven reserves of crude oil, condensate and natural gas...