(Petrobras, 15.May.2020) — Petrobras, following up on the press release disclosed on 4 May 2020, announces the beginning of the non-binding phase regarding the sale of its entire 51% stake...
(UPM, 15.May.2020) — UPM is proceeding at full speed with its investment project in Uruguay and has taken several steps forward. UPM and the new Government of Uruguay have signed...
(Bloomberg, 15.May.2020) — Petrobras, the Brazilian sate-controlled oil producer, posted a 65 billion-real ($11 billion) impairment in the first quarter after revising down its outlook for crude prices. Even without...
(Reuters, 15.May.2020) — Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from...
(WoodMac, 14.May.2020) — Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie. While growing working...
(Touchstone, 14.May.2020) — Touchstone Exploration Inc. reports its operating and financial results for the three months ended March 31, 2020. Selected information is outlined below and should be read in...
(Touchstone, 14.May.2020) — Touchstone Exploration Inc. will be holding our annual meeting of shareholders on Wednesday, June 3, 2020, at 10:00 a.m. (Mountain time). This year, to proactively address the...
(Saipem, 13.May.2020) — Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement...
(Motley Fool, 13.May.2020) — Executives with Colombia’s state oil company Ecopetrol conducted a first quarter of 2020 conference call with analyst. A full transcript of the call follows. Contents: Prepared...
(Argus, 13.May.2020) — Venezuela's state-owned PdV has retained one seat on the new corporate board of European specialty refiner Nynas after a restructuring that freed the venture from US sanctions....
(Oilprice.com, 13.May.2020) — As the international community seeks answers with regards to the failed armed incursion into Venezuela that took place May 4, allegedly with the immediate participation of former...
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. Treasury Department inquiry into possible...
(Petrobras, 13.May.2020) — Petrobras, regarding the press releases disclosed on 18 March 2019 and 11 September 2019, which announced the approval of Production Individualization Agreements (AIP) of the Lula, Atapu...
(Petrobras, 13.May.2020) — Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of four thermal power plants, which three are located in Camaçari-BA (UTEs Polo...
(Reuters, 13.May.2020) — At least one tanker carrying fuel loaded at an Iranian port set sail to crisis-stricken Venezuela, according to vessel tracking data from Refinitiv Eikon on Wednesday, which...
(Miami Herald, 13.May.2020) — The discovery of oil off its Atlantic coast is poised to transform a largely underdeveloped Guyana from one of South America’s most polarized and poorest nations...
(Nynas, 12.May.2020) — The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a...
(Energy Analytics Institute, Aaron Simonsky, 12.May.2020) — Argentina’s state controlled oil and gas producer YPF highlighted its principal debt amortization schedule from 2020 and beyond. Approximately 80% of the company’s...
(Pampa, 12.May.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country's electricity and gas value chain, announces the results for the...
(Motley Fool, 12.May.2020) — Executives with Argentina’s state oil company YPF conducted a first quarter of 2020 conference call with analyst. A full transcript of the call follows. Contents: Prepared...
(Energy Analytics Institute, Piero Stewart, 12.May.2020) — Fuel demand in Colombia has started to recover slightly while refinery loads at the Barrancabermeja are rising, according to comments from Ecopetrol President...
(Energy Analytics Institute, Piero Stewart, 12.May.2020) — State oil company EP PetroEcuador automated the personnel selection process across Ecuador for the first time with use of a technological platform that...
(OFAC, 12.May.2020) — The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is revoking and archiving on its website Venezuela-related General License (GL) 13E “Authorizing Certain Activities Involving...
(IHS, 12.May.2020) — The year 2020 has been filled with surprises as the COVID-19 pandemic spreads worldwide, leaving many homebound, resulting in a negative impact for many industries and ultimately...
(Reuters, 12.May.2020) — A joint venture partner of state oil company PDVSA, GPB Global Resources BV, has received at least two cargoes of Venezuelan crude in recent months as part...
(Pampa, 12.May.2020) — Pampa Energía S.A. will host a videoconference to discuss its Q1 20 results on Wednesday May 13, 2020 at 10:00 a.m. Eastern Standard Time / 11:00 a.m....
(Ecopetrol, 11.May.2020) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the first quarter of 2020, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. The...
(Reuters, 11.May.2020) — The replacement rate of proven oil and gas reserves estimated by Mexican national oil company Pemex soared in 2019 compared to the previous year, according to the...
(Petrobras, 11.May.2020) — Petrobras confirmed oil of excellent quality in the Southeast area of the Búzios field and greater potential in the pre-salt of the Albacora field. POÇO 9-BUZ-39DA-RJS Located...
(Pemex, 11.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, in May 8, Petróleos Mexicanos...
(Argus, 11.May.2020) — Argentina will restore artificially high domestic crude prices in an effort to jumpstart its stalled shale play following the March oil price crash and pandemic-driven demand collapse....
(Argus, 11.May.2020) — Colombia's state-controlled Ecopetrol is exploring options to expand storage capacity in response to oil market oversupply and slumping demand caused by the Covid-19 pandemic. The company has...
(Reuters, 11.May.2020) — Colombia’s majority state-owned oil company, Ecopetrol, reported on Monday a 95% fall in first-quarter net profit, which came in at 133 billion pesos ($34.3 million), following a...
(Energy Analytics Institute, Piero Stewart, 10.May.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) on 9 May 2020 lifted the force majeure declared on 10 April declared due...
(Petrobras, 8.May.2020) — Petrobras in view of the news published today in the media regarding the meeting held on 05/06/2020 by the Executive Board in an internal event with the...
(Reuters, 8.May.2020) — Brazilian oil giant Petrobras said on Friday that its cash burn could reach $1 billion a month in periods of extreme stress and volatility, noting the current...
(Argus, 8.May.2020) — A sweeping proposal to draw investment into an Opec nation would normally turn some heads. That is what Venezuela’s US-backed political opposition had been expecting when it...
(Hess, 7.May.2020) — Hess Corporation reported a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020, including impairment and other after-tax charges of $2,251...
(PetroTal, 7.May.2020) — PetroTal Corp. announces that the Northern Oil Pipeline (“ONP”) operated by Petroperu S.A. has been shut down by a public health directive from the Peruvian government, thereby...
(Petrobras, 7.May.2020) — Petrobras informs that the rating agency Fitch Ratings revised today the company's international long-term ratings outlook from stable to negative, and maintained the ratings of Petrobras at...
(Sungrow, 7.May.2020) — Sungrow, the global leading inverter solution supplier for renewables, launched the Company's three-phase 1000Vdc commercial inverter SG25CX-SA for Brazilian 220V grid system, showcasing its commitment to the...
(Fitch, 7.May.2020) — Fitch Ratings has affirmed the senior unsecured notes issued by Empresa Publica de Exploracion y Explotacion de Hidrocarburos Petroamazonas EP (PetroAmazonas) due in November 2020 at 'C'/'RR4'....
(Bloomberg, 7.May.2020) — West Texas Intermediate has been gaining since its history-making crash in the U.S. last month, trading at around $25. Brent crude has been practically soaring, touching $30...
(Energy Analytics Institute, Piero Stewart, 7.May.2020) — EP PetroEcuador on 2 May 2020 started dispatching super gasoline from the Barbasquillo Clean Products Terminal located in Manta in order to satisfy...
(AES, 7.May.2020) — The AES Corporation reported financial results for the quarter ended 31 March 2020. HIGHLIGHTS Strategic Accomplishments -- Completed construction of 1.4 GW of new projects, including the...
(AES, 7.May.2020) — The AES Corporation will host a conference call on Wednesday 7May 2020 at 9:00 a.m. Eastern Daylight Time (EDT). Interested parties may listen to the teleconference by...
(Oilprice.com, 7.May.2020) — Oil majors may be slashing spending and deferring development plans across the globe, but they remain committed to developing the newest offshore oil finds in the heart...
(Argus, 7.May.2020) — The hedge contracted by Mexico's state-owned Pemex has a floor of $44/bl, leaving the company exposed to losses below that following the global rout in crude prices,...
(FMC, 6.May.2020) — FMC Corporation and Isagro S.p.A. have agreed to a binding offer whereby FMC will acquire Isagro's Fluindapyr active ingredient assets for €55 million (approximately $60 million). The...
(GeoPark, 6.May.2020) — GEoPark Limited will report its consolidated financial results for the three-month period ended March 31, 2020 on Wednesday, May 13, 2020. In conjunction with the first quarter results...
(Argus, 6.May.2020) — PetroPeru's 12,000 b/d Iquitos refinery in the northern jungle is currently closed. Its 553,200 bl of storage is full. The 15,500 b/d Conchan refinery in Lima was...
(Qatar Petroleum, 5.May.2020) — Qatar Petroleum entered into three farm-in agreements to acquire about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche basin,...
(Cairn Energy, 5.May.2020) — Operations have been completed on the Eni operated Ehecatl-1 exploration well on Block 7, located in the Sureste Basin Offshore Mexico, in which Cairn has a...
(Total, 5.May.2020) — Total announces today its ambition to get to net-zero emissions by 2050 together with society for its global business across its production and energy products used by...
(Energy Analytics Institute, Piero Stewart, 5.May.2020) — EP PetroEcuador reprogrammed its imports of high-octane naphtha ron 93, naphtha ron 80, premium diesel, cutter stock and diesel oil. “Derivatives imports have...
(Energy Analytics Institute, Piero Stewart, 5.May.2020) — Four Colombian pipelines have been attached at least 25 times to date in 2020, according to data revealed by the country’s state oil...
(Nutrien Litd., 5.May.2020) — Nutrien Ltd. has made the difficult decision to temporarily shut down one of the four ammonia (NH3) plants at its Trinidad facility. The temporary shutdown is...
(Petrobras, 5.May.2020) — Petrobras, following up on the press release disclosed on March 10, related to the New Deficit Equation Plan (New Plan) of the Renegotiated and Non-Renegotiated Petrobras System...
(Argus, 5.May.2020) — State-owned PetroEcuador has delayed all fuel imports that were supposed to arrive in May and June because of a sharp decline in demand. The delayed imports include...
(S&P, 4.May.2020) — S&P Global Ratings said today that Vale S.A.'s (BBB-/Negative/--) strong balance sheet and ability to adjust capital expenditures (capex) and dividends provide adequate cushion at the current...
(Reuters, 4.May.2020) — Guyana has no plans to cut crude output despite a plunge in oil prices, the government’s top energy official said on Monday, adding that shutting down production...
(Pemex, 4.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, today Petróleos Mexicanos (PEMEX) presented...
(Argus, 4.May.2020) — The Dutch Caribbean island of Aruba is offering to lease oil storage after terminating an ill-fated refining project with PdV Holding (PDVH), the opposition-controlled US subsidiary of...
(Argus, 4.May.2020) — The government of burgeoning Latin American oil producer Guyana received $4.9mn in its first oil and gas royalty payment from gross production to date, deposited on 28...
(Argus, 4.May.2020) — Venezuela's state-owned PdV rolled out the appointment of up to 26 new presidents of joint ventures that are mostly inactive. The appointments, some of whom may have...
(Repsol, 4.May.2020) — Repsol has made two significant offshore oil discoveries in Mexico’s deep water with its Polok-1 and Chinwol-1 exploration wells in Block 29 in the Salina Basin. Both...
(Petrobras, 4.May.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Manati field, a maritime production concession in shallow waters located...
(Petrobras, 4.May.2020) — Petrobras exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening the company's cash flow. The...
(Reuters, 4.May.2020) — Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico. The...
(DOE, 4.May.2020) — Good morning ladies and gentlemen I am coming to you at a very interesting time in our country’s history given the furore over our national and regional...
(Reuters, 4.May.2020) — Venezuela’s oilfields produced 687,000 barrels of crude last Saturday, up from 653,000 barrels on Friday but below the 718,000 barrels per day (bpd) the country said it...
(Bloomberg, 2.May.2020) — Mexico’s Centro Nacional de Control de Energia (Cenace), which oversees the electrical system, indefinitely suspended critical tests for new clean-energy projects as the nation grapples with the...
(Milbank, 1.May.2020) — Milbank LLP represented the underwriters, Goldman Sachs, J.P. Morgan and Scotia Capital, in connection with the $2bn SEC-registered offering of notes due 2030 by Ecopetrol, Colombia’s state-owned...
(Energy Analytics Institute, Piero Stewart, 1.May.2020) — Intervention activities continue at 40 defined sites in Ecuador, of which at least 220 focal points have been established to concentrate on environmental...
(Milbank, 1.May.2020) — Milbank LLP represented the underwriters, Goldman Sachs, J.P. Morgan and Scotia Capital, in connection with the $2 billion SEC-registered offering of notes due 2030 by Ecopetrol, Colombia’s...