(Reuters, 14.Jan.2019) — Brazil’s government on Monday nominated three new board members for state-owned oil company Petroleo Brasileiro SA (PETR4.SA) (Petrobras), amid accusations that new CEO Roberto Castello Branco was...
(Petrobras, 14.Jan.2019) — Petrobras informs that it has received communication from its controlling shareholder, as assured by Petrobras By-Laws and Brazilian legislation, with the nomination of three new members to...
(Petrobras, 14.Jan.2019) — Petrobras, following the press released on Dec. 20, 2018, informs that the injunction rendered by Minister Marco Aurélio Mello on December 19, (ADI No. 5942), was suspended...
(Reuters, 14.Jan.2019) — Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Monday that it will restart publishing divestiture opportunities, following a Supreme Court ruling that temporarily allows the...
(Jamaica Observer, 13.Jan.2019) — The listing of MPC Caribbean Clean Energy Limited on the Jamaica Stock Exchange will take place on Monday, January 14, at 9:00 am. The company will...
(Energy Analytics Institute, Ian Silverman and Aaron Simonsky, 11.Jan.2019) — Heard on the street and LatAmNRG briefs on Caribbean FLNG’s arrival date to Argentina; Repsol E&P Bolivia and YPFB report...
(Jamaica Gleaner, Neville Graham, 11.Jan.2019) — GB Energy, the marketing company that holds the Texaco brand in Jamaica, will be undertaking a $2-billion expansion drive to increase the number of...
(CMC, 11.Jan.2019) — Venezuela has disputed Guyana’s account of what Georgetown said was the dangerous incursion into local waters after a Norwegian ship hired by ExxonMobil was “intercepted” by a...
(Frontera Energy, 11.Jan.2019) — CGX Energy Inc. and Frontera Energy Corporation have further amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4,...
(ClaimsFiler, 11.Jan.2019) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until February 11, 2019 to file lead plaintiff applications in a securities class action lawsuit against...
(Reuters, Brad Brooks, 11.Jan.2019) — Commodities trader Trafigura has refused a judge’s order to hand over the email archives of two former executives in Brazil who are facing corruption charges...
(Pemex 10.Jan.2019) — Petróleos Mexicanos continues to make progress in its efforts to normalize fuel supply. The new strategy set in motion by the Mexican Government to end “huachicoleo” (the...
(Reuters, Neil Marks, 10.Jan.2019) — Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana’s coast have not yet returned to the site of a December incident...
(Petrobras, 10.Jan.2019) — Petrobras, following the Press Release of Oct. 30, 2018, announces that it is initiating the leasing process of the fertilizer plants located in Sergipe (Fafen-SE) and in...
(Petrobras, 10.Jan.2019) — Petrobras, following up on the press release of Jan. 4, 2019 and Jan. 7, 2019, informs that its Board of Directors approved the dismissals of Mrs. Solange...
(Pemex 9.Jan.2019) — The Mexican Government, through Petróleos Mexicanos, calls for the public to avoid panic shopping, as this could generate a fuel shortage. Once more, it reminds the public...
(Pemex 9.Jan.2019) — Jointly with the Secretariat of Finance and Public Credit (initials in Spanish: SHCP), the Corporate Financial Office of Petróleos Mexicanos is currently on a two-day working tour...
(Jamaica Observer, Kamina Johnson Smith, 9.Jan.2019) — Below are the notes from Minister of Foreign Affairs Kamina Johnson Smith in her press breifing yesterday: Ladies and gentlemen of the media,...
(Jamaica Observer, 9.Jan.2019) — The Government of Jamaica has announced that it will take legislative action for ownership of the 49 per cent share in the local oil refinery, PetroJam,...
(Jamaica Observer, 9.Jan.2019) — The Opposition has come out against Government's decsion to use legislative action to take back Venezuela's 49 per cent share of Petrojam. Shadow minister of energy,...
(Reuters, 8.Jan.2019) — Venezuela’s opposition-run congress on Tuesday issued a resolution calling deals between state-run oil company PDVSA and U.S. and French companies announced this week illegal, since they had...
(Petrobras, 8.Jan.2019) — Petrobras clarifies, on news published in the press, on an eventual agreement related to the Revision process of the Transfer of Rights Agreement that: Since November 2017,...
(Energy Analytics Institute, Aaron Simonsky, 8.Jan.2019) — Echo Energy plc announced that equipment necessary and required for the stimulation of the EMS-1001 well, drilled in June 2018 on the company’s...
(Reuters, 8.Jan.2019) — Curacao’s 335,000-barrel-per-day (bpd) Isla refinery has resumed work, management of the government-owned facility said on Tuesday, after eight months of paralysis caused by a dispute between its...
(Oilprice.com, Irina Slav, 7.Jan.2019) — Mexican drivers in several states are struggling to fill their tanks as the new government fights massive fuel theft by seeking to move more gasoline...
(Petrobras, 7.Jan.2019) — Petrobras, in addition to the press release disclosed on January 4, 2019, informs that its CEO Roberto da Cunha Castello Branco, finalizing the changes proposed in his...
(AFP, 7.Jan.2019) — French oil company Maurel & Prom will invest $400 million in an oil field in Venezuela, whose production is in free fall, President Nicolas Maduro said on...
(Energy Analytics Institute, Piero Stewart, 7.Jan.2019) — Venezuela’s Oil Minister and PDVSA President Manuel Quevedo announced that the state oil company had signed an investment agreement with the French company...
(Petrobras, 7.Jan.2019) — Petrobras announced the final results of its previously announced debt tender offers. As of 11:59 p.m., New York City time, on January 4, 2019 (the “Expiration Date”)...
(Petrobras, 7.Jan.2019) — Petrobras reports the actions taken as a result of the oil leak that occurred on January 2 in one of the tanks of the FPSO Cidade de...
(Reuters, 7.Jan.2019) — Brazil's Economy Ministry denied that the government would pay $14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off...
(Reuters, Luc Cohen and Brian Ellsworth, 7.Jan.2019) — Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent...
(ExxonMobil, 7.Jan.2019) — ExxonMobil has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which...
(Canadian Solar, 7.Jan.2019) — Canadian Solar Inc. completed the sale of its 18 MWp portfolio of PMGD solar power projects in Chile to Sonnedix. The transaction was closed in December...
(Reuters, 7.Jan.2019) — Mexican President Andres Manuel Lopez Obrador said on Monday that his crackdown against fuel theft was yielding positive results, even as the intervention sparked severe fuel shortages...
(Energy Analytics Institute, Jared Yamin, 6.Jan.2019) — By mandate of the Mexican Government, Pemex is advancing in the reestablishment of the supply of fuel in affected states, the state oil...
(T&T Energy Chamber CEO Thackwray ‘Dax’ Driver, 6.Jan.2019) — Trinidad & Tobago’s energy sector is predicted to make a modest recovery in 2019, on the back of increased natural gas...
(Jamaica Observer, Bruce Golding, 6.Jan.2019) — From a distance, Guyana has seemed poised for an era of unprecedented development and prosperity. Since 2015 it has confirmed 10 offshore oil wells...
(Pemex, 6.Jan.2019) — By mandate of the Mexican Government, Pemex has made significant progress in restoring fuel distribution, using various alternative supply lines in the affected states. Although there have...
(Energy Analytics Institute, Jared Yamin, 5.Jan.2019) — In Guanajuato, the capital city of Guanajuato state, an estimated nine-out of a total of 14-gas stations reportedly don’t have fuel to supply...
(The Hindu, 5.Jan.2019) — ONGC Videsh Ltd., the overseas arm of State-owned Oil and Natural Gas Corp. (ONGC), on Saturday said it has made a second oil discovery in Colombia...
(Reuters, 5.Jan.2019) — India’s ONGC Videsh, the overseas investment arm of the country’s biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a...
(Pemex, 5.Jan.2019) — Petróleos Mexicanos reports that safer transportation methods are being used as part of the Joint Plan of the Mexican Government to combat fuel theft, which has caused...
(Reuters, 5.Jan.2019) — Colombian state oil company Ecopetrol has halted the Cano Limon-Covenas pipeline after it was damaged in a bomb attack, spilling crude into two streams in Norte de...
(Foreign Policy, Lisa Viscidi and Nate Graham, 4.Jan.2019) — This coming November, delegates from nearly every country had been scheduled to gather in Brazil to discuss climate change at the...
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 4.Jan.2019) — Heard on the street and LatAmNRG briefs on Bolivia seeking natural gas deal with Peru, YPFB and Camacari inking deal...
(Energy Analytics Institute, Ian Silverman, 4.Jan.2019) — Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) aims to boost production and commercialization of urea in Northeast Argentina, Brazil, Paraguay, Uruguay and Peru in 2019,...
(Petrobras. 4.Jan.2019) — Petrobras, in addition to the Material Fact published on December 21, 2018, informs that its CEO Roberto da Cunha Castello Branco, within the scope of the nomination...
(Reuters, Gram Slattery, 3.Jan.2019) — Brazil’s PetroRio SA and Australia’s Karoon Energy Ltd are among the bidders for a mature shallow water oilfield owned by Petroleo Brasileiro SA, according to...
(Reuters, Marta Nogueira and Rodrigo Viga Gaier, 3.Jan.2019) — Brazilian officials on Thursday predicted a quick resolution to a dispute with Petroleo Brasileiro SA over offshore oil blocks and doubled...
(Reuters, Neil Marks, 3.Jan.2019) — Guyana’s government will challenge in court a parliamentary no-confidence vote that toppled President David Granger’s ruling coalition amid a dispute over developing the country’s nascent...
(Energy Analytics Institute, Jared Yamin, 3.Jan.2019) — The Mexican Association of Gasoline Businessmen (Amegas by its Spanish acronym) confirmed the shortage of gasoline in various regions of Mexico, which could...
(Energy Analytics Institute, Aaron Simonsky, 3.Jan.2019) — Echo Energy starts seismic mobilization and topography survey in the eastern area of Tapi Aike, the company announced in presentation on its website....
(Reuters, Gram Slattery, 3.Jan.2019) — Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA, will either save the indebted oil major -...
(Kallanish Energy, 3.Jan.2019) — Bolivian left-wing autocrat President Evo Morales congratulated and welcomed Brazil’s far-right populist President, Jair Bolsonaro, while attending the latter’s swearing-in ceremony in Brazil Tuesday. Despite their...
(Bloomberg, Noah Smith, 3.Jan.2018) — It’s hard to overstate how disastrous the reign of Hugo Chavez and his successor Nicolas Maduro has been for Venezuela. A recent series of Bloomberg...
(Energy Analytics Institute, Ian Silverman, 2.Jan.2019) — PetroPerú announced that as a consequence of a slight pressure drop at Station 5, and futher inspection, a minor oil leak was detected...
(Energy Analytics Institute, Pierto Stewart, 2.Jan.2019) — Ecuador adjusted downward amounts estimated for subsidies contemplated in the country’s pro forma budget for 2019, approved in Nov. 2018 by the Assembly,...
(Melbana, 2.Jan.2019) — Melbana Energy Limited announced on 31 December 2018 it signed a binding definitive farmout agreement with Anhui Modestinner Energy Co., Ltd. (AMEC), a wholly owned and guaranteed...
(Bloomberg, Lucia Kassai, 2.Jan.2019) — Venezuela, once Latin America’s largest oil exporter, ended 2018 with a whimper as overseas sales dropped to the lowest in nearly three decades. Home to...
(Rowan, 2.Jan.2019) — Rowan Companies plc said the Rowan Gorilla VI (a Super Gorilla class jack-up) has been extended by Shell in Trinidad. The rig will continue its current drilling...
(Petrobras, 2.Jan.2019) — Petrobras reports that yesterday, the Chairman of the Board of Directors, Mr. Luiz Nelson Guedes de Carvalho, and Board member, Mr. Francisco Petros Oliveira Lima Papathanasiadis, presented...
(Power Technology, 2.Jan.2019) — German-based financial services company Kreditanstalt für Wiederaufbau (KfW) IPEX-Bank has agreed to provide financing for four power grid projects in Chile. Under the agreement, KfW IPEX-Bank...
(Eco Atlantic, 1.Jan.2019) — The 1800km2 Orinduik Block is situated in shallow water (70 – 1,400m), 170 km offshore Guyana in the Suriname Guyana basin, and is located 11km up-dip...
(Wolf Street, Don Quijones, 1.Jan.2019) — “We’re not just talking about the theft of oil, but about a plan involving government insiders and a complex distribution system. It’s not easy...
(Energy Analytics Institute, Ian Silverman, 1.Jan.2019) — Heard on the street and LatAmNRG briefs on fluctuating prices for super gasoline in Ecuador; and Ecuador’s government favoring $50.05 per barrel oil...