(Cosan Limited, 30.Nov.2018) — Cosan Limited commenced a tender offer to purchase up to U.S.$100,000,000 of its Class A common shares, or the shares, at (i) prices specified by the...
(OPDEnergy, 30.Nov.2018) — The multinational corporation OPDEnergy - specializing in the production of energy assets and in the management of all related phases (development, financing, construction, operation and maintenance) -...
(Rystad, 30.Nov.2018) — Mexico’s production has been following a declining trend, which is not expected to be reversed before at least 2025. Despite high hopes for new developments and the...
(Energy Analytics Institute, Aaron Simonsky, 30.Nov.2018) — Argentina’s state oil company YPF has been involved in yet another oil spill. The most recent incident occurred at the Los Perales reservoir,...
(AP, 30.Nov.2018) — Brazil has withdrawn its offer to host a large United Nations conference on climate change next year, the foreign ministry said on Wednesday, leading environmental groups to...
(Houston Chronicle, Sergio Chapa, Staff writer 30.Nov.2018) — New rules allowing a greater number of liquefied natural gas tankers to pass through the Panama Canal per day are expected to...
(Reuters, Marco Aquino, 30.Nov.2018) — Canada’s Frontera Energy Corp could be forced to halt operations in Peru’s largest oil block if a key pipeline ruptured amid indigenous protests is not...
(Bloomberg, Serene Cheong and Dan Murtaugh, (30.Nov.2018) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy...
(Argentina’s Ministry of Treasury, 30.Nov.2018) — Within the framework of the G20 Leaders’ Summit, the Minister of Treasury, Nicolás Dujovne, and the Minister of Foreign Affairs, Jorge Faurie, signed today...
(Energy Analytics Institute, Piero Stewart, 29.Nov.2018) — Normal procedures at heavy oil wells produce water extraction at greater proportions than crude oil, announced an official at Petroamazonas. To be precise,...
(Energy Analytics Institute, Jared Yamin and Ian Silverman, 29.Nov.2018) — Nucor Corporation announced it will acquire Corporacion POK, S.A. de C.V., which produces complex castings and precision machined products used...
(Energy Analytics Institute, Jared Yamin, 29.Nov. 2018) —Pemex reported sequential declines in both crude oil, condensates and natural gas production in October 2018. Pemex, as the state oil company is...
(Rosneft, 29.Nov.2018) — The first Russian-Chinese energy business forum is successfully finished in Beijing. The format of the event was established in July 2018, upon instruction of Russian President Vladimir...
(Petrobras, 29.Nov.2018) — Petrobras reports that its Board of Directors approved yesterday the end of the Special Committee set up in December 2014 to provide a reporting line for the...
(Petrobras, 29.Nov.2018) — Petrobras, following up on the release disclosed on October 29, 2018 informs that, due to the methodology established in the National Petroleum Agency (ANP) Resolution no. 743...
(Petrobras, 28.Nov.2018) — Petrobras signed with Perenco the contracts for the full sale of Petrobras’ stake in the fields of Pargo, Carapeba and Vermelho, the so-called Polo Nordeste, located in...
(Petrobras, 28.Nov.2018) — Petrobras reports that it has signed today with Perenco the contracts for the full sale of Petrobras’ stake in the fields of Pargo, Carapeba and Vermelho, the...
(Bloomberg News, 26.Nov.2018) — Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green...
(Energy Analytics Institute, Piero Stewart and Ian Silverman, 28.Nov.2018) — EP PetroEcuador will open envelopes related to the importation of 3,120,000 barrels plus or minus (+/-) 2% of Premium Diesel...
(Petrobras, 28.Nov.2018) — Petrobras announces that its Board of Directors approved yesterday the full sale of its stake in 34 onshore production fields, located in the Potiguar Basin, in Rio...
(Energy Analytics Institute, Piero Stewart, 28.Nov.2018) — The government of Ecuador intends to extract 49% more oil from the Ishpingo-Tambococha-Tiputini (ITT) block in 2019, according to data from Petroamazonas EP....
(Energy Analytics Institute, Jared Yamin and Piero Stewart, 28.Nov. 2018) — Heard on the street and other LatAmNRG briefs from Mexico, OPEC producers Ecuador and Venezuela, and Peru. Heard On...
(Caller Times, Carlos Torres-Verdin, 28.Nov.2018) — Ignore the incendiary rhetoric coming out of Washington D.C., the new political climate south of the border has never been more favorable, especially toward...
(Houston Business Journal, Olivia Pulsinelli, 28.Nov.2018) — Houston-based refiner Citgo Holding Inc. will remain owned by Venezuela’s state-run oil company, Petróleos de Venezuela SA, if PDVSA follows through with the...
(Prensa Latina, 28.Nov.2018) — Cuba and Bolivia on Wednesday signed an interagency agreement to strengthen, facilitate and expand the opportunities for technical, scientific and academic cooperation, and to develop the...
(G20.org, 28.Nov.2018) — Over 15 social enterprises have participated this year in G20 events. And around 1,000 students in 9 cities across Argentina took part in the Model G20, a...
(Energy Analytics Institute, Aaron Simonsky, 28.Nov. 2018) — Argentina reported total petroleum production of 498 thousand barrels per day (Mb/d) in October 2018, up 1.8% year-over-year compared to 489 Mb/d...
(Petrobras, 27.Nov.2018) — Petrobras informs that in October its total production of oil and gas, including natural gas liquids (NGL), was 2.66 million barrels of oil equivalent per day (boed),...
(Chet Morrison and DeNovo, 27.Nov.2018) — Chet Morrison Contractors LLC has successfully completed the fabrication, installation and mechanical completion of: -- A Conductor Supported Platform (CSP) -- Offshore subsea pipeline...
(Oilprice.com, Irina Slav, 27.Nov.2018) — Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters...
(Madalena Energy, 27.Nov.2018) — Madalena Energy Inc. signed an operation agreement with Recursos y Energía Formosa SA (REFSA), an oil company belonging to the Province of Formosa, over the Palmar...
(Energy Analytics Institute, Ian Silverman, 27.Nov.2018) — Peru and Chile have committed to moving towards an electrical interconnection between both countries via Arica-Tacna. “A study is being carried out related...
(Petrobras, 27.Nov.2018) —Petrobras reports that today the Administrative Board of Tax Appeals (CARF) issued a decision against the company in administrative tax proceedings on a total estimated amount of R$...
(Ecopetrol, 27.Nov.2018) — Ecopetrol S.A. provided a Notice of Redemption to the Noteholders of its 7.625% Notes due 2019 issued on July 23, 2009 in the aggregate principal amount of...
(Petrobras, 27.Nov.2018) — Petrobras reports that it has received the Letter No. 1936/2018 -SAE, which requests the following clarification: Letter no. 1936/2018 -SAE “Dear gentlemen, In the news published by...
(Ecopetrol, 27.Nov.2018) — Ecopetrol S.A. reported that in 2019 the Ecopetrol Business Group (GEE) expects to invest between $3.5 and $4billion, up 16% to 33% over the projected 2018 figure....
(Ecopetrol, 27.Nov.2018) —The Ecopetrol Business Group (GEE) expects investment in 2019 of $3.5 billion to $4 billion, up 16% to 33% over the projected 2018 figure, according to Colombia’s state...
(Energy Analytics Institute, Aaron Simonsky, 27.Nov. 2018) — President Energy has spud the third development well at the Puesto Flores/Estancia Vieja Concession in Rio Negro Province, Argentina. The PFO 1005...
(President Energy, 27.Nov. 2018) — President Energy provided an update on its drilling program at the Puesto Flores/Estancia Vieja Concession, Rio Negro Province, Argentina. President is operator and holds a...
(Energy Analytics Institute, Ian Silverman, 27.Nov.2018) — Oil expert Mauricio Medinaceli painted an adverse scenario for Bolivia due to the country “doing little or nothing” to replace production in recent...
(Houston Chronicle, Sergio Chapa, 26.Nov.2018) — A payment on a $1.4 billion arbitration award to a Canadian gold mining company is allowing Venezuela to keep ownership of Citgo Petroleum’s three...
(Fox Business, Mike Obel, 26.Nov.2018) — Venezuela managed to retain ownership of Citgo, the big U.S. refining and gasoline marketing company that is one of its few remaining sources of...
(S&P Global Platts, 26.Nov. 2018) — Vista Oil & Gas plans to invest $157.4 million in its first pilot projects in Vaca Muerta, betting on the Argentinian shale play for...
(Arabian Business, 26.Nov. 2018) — UAE says to expand its multi-billion dollar investments in Brazil as long as it’s no longer labeled a tax haven by Latin America’s largest economy...
(Energy Analytics Institute, Pietro D. Pitts, 24.Nov. 2018) — Venezuela is suffering a complete meltdown across all sectors. The Venezuelan oil sector, which generates upwards to 95% of the country’s...
(Reuters, Alexandra Ulmer and Marianna Parraga, 24.Nov.2018) — The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas this week to meet Venezuelan President Nicolas Maduro and complain...
(Trinidad and Tobago Newsday, Julien Neaves, 24.Nov.2018) — Energy Minister Franklin Khan has announced operations at the Augustus Long Hospital in Pointe-a-Pierre, which has serviced the medical needs of Petrotrin...
(Trinidad and Tobago Newsday, Julien Neaves, 24.Nov.2018) — Energy Minister Franklin Khan says homes demolished in the Santa Flora area this week were located too close to oil wells and...
(Bloomberg, Sabrina Valle and Samy Adghirni, 23.Nov.2018) — President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the...
(Vista Oil & Gas, 22.Nov.2018) — Vista Oil & Gas, S.A.B. de C.V. announced that, Vista Oil & Gas Argentina S.A. and Apco Oil & Gas S.A.U., subsidiaries of Vista,...
(Trinidad and Tobago Newsday, Carla Bridglal, 22.Nov.2018) — Crude oil’s importance to the TT economy is now second to natural gas, but its contribution is by no means miniscule —...
(Total, 22.Nov.2018) — Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema Petróleo, its reseller and retailer arm Zema Diesel as...
(Reuters, 22.Nov.2018) — French energy group Total has agreed to buy some businesses of Brazil’s Grupo Zema to expand in the biofuels sector. Total said it would be buying fuel...
(Energy Analytics Institute, Aaron Simonsky, 22.Nov. 2018) — YPFB will commence sales of its new fuel called Super Ethanol in the capital city of La Paz. Approximately 10 petrol stations...
(EDP Energias do Brasil, 22.Nov.2018) — EDP Energias do Brasil S.A. will host a Management Meeting on Monday, November 26, 2018 at Omni Berkshire Place New York (21 East 52nd...
(Reuters, Marianna Parraga, 22.Nov.2018) — Venezuela’s state-run oil firm PDVSA has begun talks with shipping firms to set up a second ship-to-ship (STS) operation off the country’s eastern coast in...
(Energy Analytics Institute, Piero Stewart and Aaron Simonsky, 22.Nov. 2018) — Heard on the street and other LatAmNRG briefs from OPEC producer Venezuela, and neighboring Colombia, emerging shale gas producer...
(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Tecpetrol announced production at its Fortín de Piedra unconventional shale gas project increased 36% to 15 million cubic meters per day in...
(Exmar, 21.Nov.2018) — Belgium’s EXMAR NV and Argentina's YPF signed a firm, ten-year agreement to deploy EXMAR’s barge-based floating LNG liquefaction unit (FLNG), currently known as Caribbean FLNG, to produce...
(Energy Analytics Institute, Piero Stewart, 21.Nov. 2018) — Venezuela’s President Nicolás Maduro said an $100 oil price is a “fair price” for a barrel of oil, and assured that low...
(Oilprice.com, Tsvetana Paraskova, 21.Nov.2018) — Argentina will be joining the ranks of exporters of liquefied natural gas (LNG) next year when it stars exporting gas from its Vaca Muerta shale...
(AP, 21.Nov.2018) — Brazil’s President-elect Jair Bolsonaro named pro-market reformer Roberto Castello Branco, as future chief executive of the country's state-controlled oil company, Petrobras, on Monday. Castello Branco, a former...
(Energy Analytics Institute, Aaron Simonsky, 21.Nov.2018) — The Government of the Province of Neuquén has temporarily suspended YPF’s environmental license at two pads in Bandurria. The precautionary measure affects pads...
(Bloomberg, Fabiola Zerpa, 21.Nov.2018) — Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments. Petroleos de Venezuela SA’s refineries are...
(DeNovo Energy, 21.Nov.2018) — DeNovo Energy Limited, a subsidiary of the Proman Group, announced the first commercial supply of gas from the Iguana Field in Block 1(a), which will deliver...
(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sanchez announced the country foresees hydrocarbon revenues of $2.5 billion in 2019 amid continued legal security as...
(Energy Analytics Institute, Jared Yamin, 20.Nov. 2018) — Heard on the street and other LatAmNRG briefs from Caribbean crude oil and natural gas producer and LNG exporting Trinidad and Tobago,...
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
(Energy Analytics Institute, Aaron Simonsky, 20.Nov. 2018) — A road show by an Argentina delegation to New Orleans and Houston last week brought together 35 Argentine companies and another 50...
(Frontera Energy, 20.Nov.2018) — Frontera Energy Corporation announced (i) an extension of its consent solicitation and (ii) a change to the consent fee payable to consenting noteholders with respect to...
(Energy Analytics Institute, Piero Stewart, 20.Nov. 2018) — The state-owned company PetroPerú announced that 20 workers from the Morona Station of the Norperuano Pipeline, located in Loreto, were kidnapped by...
(Energy Analytics Institute, Aaron Simonsky, 19.Nov.2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez and Paraguay’s Public Works Minister Arnoldo Wiens signed a Memorandum of Understanding related to construction of a...
(Jamaica Observer, 19.Nov.2018) — Energy storage, distributed energy, renewables and electric vehicles powered by a smart grid are among the main disruptive trends in the global energy sector. Advances in...
(Financial Post, 19.Nov.2018) — Ensign’s date change makes it more likely that it will emerge as the successful bidder for Trinidad, CIBC analyst says. Rising temperatures in the battle between...
(Energy Analytics Institute, Aaron Simonsky, 18.Nov.2018) — Bolivia’s state oil company YPFB participated in 22 agricultural and multi-sector fairs or events to inform the population about the proper use and...