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  • 2020
  • June

Month: June 2020

Maersk Awarded Deal Offshore Suriname
Latin America and Caribbean Mexico Suriname

Maersk Awarded Deal Offshore Suriname

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Evercore ISI, 30.Jun.2020) — Maersk Drilling announced the 6th-Gen Maersk Developer was awarded a one-well exploration contract from Petronas for offshore Suriname. The $20.4M backlog includes integrated drilling services and...
Essar Bid For Petrobras’ Bahia Refinery
Asia Brazil Latin America and Caribbean

Essar Bid For Petrobras’ Bahia Refinery

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Reuters, 30.Jun.2020) — Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest oil refinery, two people with knowledge of the...
Delek Reports Rise In Revenues In Israel, Abroad
Middle East

Delek Reports Rise In Revenues In Israel, Abroad

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202019/08/2020
(Delek, 30.Jun.2020) — Delek Group published its first quarter 2020 reports. -- Start of production at Leviathan field leads to an increase of 88% in revenues from energy business in...
EP PetroEcuador Awards Spot Sale To Phillips 66 Co.
Ecuador Latin America and Caribbean

EP PetroEcuador Awards Spot Sale To Phillips 66 Co.

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202015/07/2020
(Energy Analytics Institute, 30.Jun.2020) — EP PetroEcuador awarded the second spot market sale of 2020 to US refining company Phillips 66 Company. The sale is for 3,600,000 barrels of Oriente...
Atlas And Dow Ink Solar Energy PPA In Brazil
Brazil Latin America and Caribbean

Atlas And Dow Ink Solar Energy PPA In Brazil

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202003/07/2020
(Atlas, 30.Jun.2020) — Atlas Renewable Energy, a leading renewable energy company in Latin America along with the American material science multinational company Dow announced the signing of a large-scale solar...
Sempra Energy Advances North American Strategy
Chile Latin America and Caribbean North America USA

Sempra Energy Advances North American Strategy

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202003/07/2020
(Sempra, 30.Jun.2020) — Sempra Energy completed its business exit from South America, following the recently announced sale of its Chilean businesses, which generated approximately $2.23 billion in total cash proceeds,...
Brazil’s IBP Sees COVID-19 Impact Until The End Of 2021
Brazil Latin America and Caribbean

Brazil’s IBP Sees COVID-19 Impact Until The End Of 2021

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Reuters, 30.Jun.2020) — Brazil’s oil industry expects a recovery in domestic demand in the next months driven by growing China imports, but the negative effects of COVID-19 are expected to...
Brazil’s Refinery Utilization Rate Stable
Brazil Latin America and Caribbean

Brazil’s Refinery Utilization Rate Stable

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(S&P Global Platts, 30.Jun.2020) — Brazil's refineries returned close to pre-pandemic levels in June, despite several incidents at processing units across Latin America's biggest country that led to output volatility...
Supermajors Are Flocking To This Booming Oil Frontier
Africa Namibia

Supermajors Are Flocking To This Booming Oil Frontier

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Oilprice.com, 30.Jun.2020) — Exxon is moving to rapidly expand its exploration footprint in this little-known venue, French Total SA is spudding its first well here, small-cap Eco Atlantic - of...
Chevron Completes Purchase Of Puma Energy (Australia)
Australia-Oceania North America USA

Chevron Completes Purchase Of Puma Energy (Australia)

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/08/2020
(Chevron, 30.Jun.2020) — Chevron Australia Downstream Pty Ltd., a wholly-owned subsidiary of Chevron Corporation, today announced that it has completed the acquisition from Puma Energy Asia Pacific B.V. of all...
Petrobras Says Buzios Oil Field Achieved New Record
Brazil Latin America and Caribbean

Petrobras Says Buzios Oil Field Achieved New Record

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202001/07/2020
(Reuters, 29.Jun.2020) — Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the world, achieved record production levels...
Argentina’s Subsidy Not Enough To Boost Production
Argentina Latin America and Caribbean

Argentina’s Subsidy Not Enough To Boost Production

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202001/07/2020
(GlobalData, 29.Jun.2020) — Adrian Lara, Senior Oil & Gas Analyst at GlobalData, commented on announcements from Argentina’s government to implement a new plan for subsidizing oil and gas production in...
Petrobras Implements PDV At Transpetro
Brazil Latin America and Caribbean

Petrobras Implements PDV At Transpetro

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202001/07/2020
(Petrobras, 29.Jun.2020) — Petrobras said the Board of Directors of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), approved the creation of a Voluntary Severance Program (PDV), exclusive to its employees....
Maersk In Exploration Deal For Petronas
Latin America and Caribbean Suriname

Maersk In Exploration Deal For Petronas

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202017/01/2021
(Maersk, 29.Jun.2020) — Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by Petronas Suriname Exploration & Production B.V. for a one-well exploration...
AlgaEnergy Wins Top Award At China Fertilizer Expo
Asia

AlgaEnergy Wins Top Award At China Fertilizer Expo

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202006/07/2020
(AlgaEnergy, 29.Jun.2020) — AlgaEnergy S.A. received "The Product of Great Potential" award for its plant biostimulant products at the Special Fertilizer Expo in Nanning, China, on June 20, 2020. AgriAlgae®...
ANCAP Selects KBR For SDA Upgrade Project
Latin America and Caribbean Uruguay

ANCAP Selects KBR For SDA Upgrade Project

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202006/07/2020
(KBR, 29.Jun.2020) — KBR's solvent deasphalting (SDA) technology, ROSE®, has been selected by Uruguay's sole refinery, ANCAP, for a strategic upgrade project. Under the terms of the contract, KBR will...
Petrobras Releases Teaser For Sergipe-Alagoas Basin
Brazil Latin America and Caribbean

Petrobras Releases Teaser For Sergipe-Alagoas Basin

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202001/07/2020
(Petrobras, 29.Jun.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin,...
Petrobras Reports Búzios Production Record
Brazil Latin America and Caribbean

Petrobras Reports Búzios Production Record

ENERGY ANALYTICS INSTITUTE (EAI)29/06/202001/07/2020
(Petrobras, 29.Jun.2020) — Petrobras reports that the platforms (P74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt, reached new production records on the 27th...
Venezuela Tightens Grip On Fuel Stations
Latin America and Caribbean Venezuela

Venezuela Tightens Grip On Fuel Stations

ENERGY ANALYTICS INSTITUTE (EAI)28/06/202001/07/2020
(Reuters, 28.Jun.2020) — Venezuelan state oil firm PDVSA has told independent gas station operators it can revoke their licences “at any time”, only weeks after it cut generous fuel subsidies...
Chesapeake Energy Files For Chapter 11
North America USA

Chesapeake Energy Files For Chapter 11

ENERGY ANALYTICS INSTITUTE (EAI)28/06/202001/07/2020
(WoodMac, 28.Jun.2020) — Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection today, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: “It’s difficult to point to...
Guyana Oil Find Raises Stakes In Fraud Case
Guyana Latin America and Caribbean

Guyana Oil Find Raises Stakes In Fraud Case

ENERGY ANALYTICS INSTITUTE (EAI)27/06/202028/06/2020
(Stabroek News, 27.Jun.2020) — Allegations of mass vote fiddling in the former British colony of Guyana may lead to the country’s discredited government being ostracised unless a court hearing next...
Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks
Africa Egypt

Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks

ENERGY ANALYTICS INSTITUTE (EAI)27/06/202001/07/2020
(Reuters, 27.Jun.2020) — Leaders of Sudan, Ethiopia and Egypt said they were hopeful that the African Union (AU) could help them broker a deal to end a decade-long dispute over...
Petrobras Receives R$265mn Of Leniency Agreement
Brazil Latin America and Caribbean

Petrobras Receives R$265mn Of Leniency Agreement

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202002/07/2020
(Petrobras, 26.Jun.2020) — Petrobras announces that, following up to the release disclosed on 25 July 2019, it has received R$ 265 million related to the second installment of the leniency...
Petrobras On The New Code Of Ethical Conduct
Brazil Latin America and Caribbean

Petrobras On The New Code Of Ethical Conduct

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202002/07/2020
(Petrobras, 26.Jun.2020) — Petrobras said its Board of Directors has approved the company's new Code of Ethical Conduct. The document, which unites the Code of Ethics with the Guide to...
19 Companies Short Listed To Market Guyana’s Oil
Guyana Latin America and Caribbean

19 Companies Short Listed To Market Guyana’s Oil

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202028/06/2020
(Stabroek News, 26.Jun.2020) — The Ministry of the Presidency this morning said that nineteen companies have been shortlisted for the marketing of Guyana’s oil from the Liza Destiny FPSO. A...
Argentina Puts Damper On Oil Demand, Production
Argentina Latin America and Caribbean

Argentina Puts Damper On Oil Demand, Production

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202001/07/2020
(S&P Global Platts, 26.Jun.2020) — Argentina has extended a 99-day-old economic lockdown for three more weeks to try to contain a surge in coronavirus cases, including by tightening restrictions on...
YPF Issues Force Majeure Notice On Tango FLNG
Argentina Latin America and Caribbean

YPF Issues Force Majeure Notice On Tango FLNG

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202001/07/2020
(Reuters, 26.Jun.2020) — Belgian shipping company Exmar has said that it had received a force majeure notice from Argentine oil company YPF SA under charter and services deals for the...
Diego Mesa Named As Colombia’s New Mines, Energy Minister
Colombia Latin America and Caribbean

Diego Mesa Named As Colombia’s New Mines, Energy Minister

ENERGY ANALYTICS INSTITUTE (EAI)26/06/202026/06/2020
(Energy Analytics Institute, 26.Jun.2020) — Colombia’s president Ivan Duque announced his naming of Diego Mesa as the country’s new Mines and Energy Minister, replacing María Fernanda Suárez, who resigned for...
Colombia’s May Production Of Gas Rises, Oil Falls
Colombia Latin America and Caribbean

Colombia’s May Production Of Gas Rises, Oil Falls

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202006/07/2020
(Energy Analytics Institute, 25.Jun.2020) — Colombia’s production of natural gas was 938.7 million cubic feet per day (MMcf/d) in May 2020, up 13.5% sequentially from 827 MMcf/d in April 2020,...
PDVSA Weighs Plan To Pay For Refinery Work With Fuel
Latin America and Caribbean Venezuela

PDVSA Weighs Plan To Pay For Refinery Work With Fuel

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202025/06/2020
(Reuters, 25.Jun.2020) — Officials from Venezuelan state oil company Petroleos de Venezuela have spoken with private contractors about paying for work fixing the country's refineries with fuel and byproducts, a...
Santiago Upgrades Transport With 355 Scania Buses
Chile Latin America and Caribbean

Santiago Upgrades Transport With 355 Scania Buses

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202003/07/2020
(Scania, 25.Jun.2020) — Scania has started the delivery of 355 Euro 6 buses for Santiago de Chile's public transport system. Deliveries to the operator Express Uno commences in June and...
Trinidad Cuts Oil, Gas Budget Price Assumptions
Latin America and Caribbean Trinidad and Tobago

Trinidad Cuts Oil, Gas Budget Price Assumptions

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202026/06/2020
(Argus, 25.Jun.2020) — LNG exporter Trinidad and Tobago has reduced the crude and natural gas price assumptions in its national budget. According to the finance ministry's mid-year economic review obtained...
Total And Sonatrach Extend Their LNG Partnership
Africa Algeria

Total And Sonatrach Extend Their LNG Partnership

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202026/06/2020
(Total, 25.Jun.2020) — Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing...
Total Reports Ramp-Up On Iara With Second FPSO
Brazil Latin America and Caribbean

Total Reports Ramp-Up On Iara With Second FPSO

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202026/06/2020
(Total, 25.Jun.2020) — Total and its partners announce the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located in the deepwater Santos...
Petrobras Starts Production In Atapu Pre-salt
Brazil Latin America and Caribbean

Petrobras Starts Production In Atapu Pre-salt

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202026/06/2020
(Petrobras, 25.Jun.2020) — Petrobras reports that it started today the production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of...
How Price Crash Changed The Upstream Sector?
Africa Canada North America Senegal USA

How Price Crash Changed The Upstream Sector?

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202025/06/2020
(WoodMac, 24.Jun.2020) — According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry. Andrew Pearson, vice president, upstream, said: “This...
Petrobras To Receive Offers For Bahia Refinery
Brazil Latin America and Caribbean

Petrobras To Receive Offers For Bahia Refinery

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202025/06/2020
(Reuters, 24.Jun.2020) — Brazil’s Petroleo Brasileiro SA is set to receive binding offers for the country’s second-largest refinery on Thursday, five people with knowledge of the matter said, as the...
Iran Sets Out Conditions For Renewed Talks With The US
Middle East

Iran Sets Out Conditions For Renewed Talks With The US

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202025/06/2020
(Argus, 24.Jun.2020) — Iranian president Hassan Rohani has reiterated Iran's willingness to resume talks with the US, but only if Washington apologises for withdrawing from the 2015 nuclear deal, returns...
Tankers With Venezuelan Oil Stuck At Sea
Latin America and Caribbean Venezuela

Tankers With Venezuelan Oil Stuck At Sea

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202025/06/2020
(Reuters, 24.Jun.2020) — Tankers carrying nearly two months worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul of U.S....
Tankers With Venezuelan Oil Unable To Unload
Latin America and Caribbean Venezuela

Tankers With Venezuelan Oil Unable To Unload

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202024/06/2020
(Sputnik, 24.Jun.2020) — Earlier this month, the US Treasury Department announced that it was imposing Venezuela-related sanctions against four companies and four oil tankers belonging to these entities over their...
Leaky Pipes Threaten Libya’s Oil Revival From War
Africa Libya

Leaky Pipes Threaten Libya’s Oil Revival From War

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202024/06/2020
(Bloomberg, 24.Jun.2020) — Libya’s oil industry is crumbling after more than nine years of neglected maintenance amid a civil war that’s killed thousands and destroyed towns across the country. The...
US Sanctions On Iranian Tanker Captains
North America USA

US Sanctions On Iranian Tanker Captains

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202024/06/2020
(Energy Analytics Institute, 24.Jun.2020) — The US, under Executive Order 13599, today said it is sanctioning five Iranian ship captains, who delivered approximately 1.5 million barrels of Iranian gasoline and...
Argentina Weighs New Price Subsidy, Freezes Gas Tariffs
Argentina Latin America and Caribbean

Argentina Weighs New Price Subsidy, Freezes Gas Tariffs

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202024/06/2020
(WoodMac, 24.Jun.2920) — Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas...
Russia Backs Venezuela In Fight Against US
Latin America and Caribbean Venezuela

Russia Backs Venezuela In Fight Against US

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202010/07/2020
(Newsweek, 24.Jun.2020) — Russia vowed to support Venezuela in its campaign to counter U.S.-backed regime change after the Pentagon sailed warships nearby in the Caribbean to challenge the Latin American...
Braskem Completes Facility In La Porte, Texas
North America USA

Braskem Completes Facility In La Porte, Texas

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202003/07/2020
(Braskem, 24.Jun.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announces the construction completion of its newest, world-class polypropylene production...
Aker Solutions Awarded LOI For Breidablikk
Europe

Aker Solutions Awarded LOI For Breidablikk

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202003/07/2020
(Aker, 24.Jun.2020) — Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The...
Khiron Completes Solar Energy Park In Colombia
Colombia Latin America and Caribbean

Khiron Completes Solar Energy Park In Colombia

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202014/10/2020
(Khiron, 24.Jun.2020) — Khiron Life Sciences Corp., a vertically integrated cannabis leader with core operations in Latin America and Europe, announces the completed installation of a state-of-the-art 2,600 panel solar...
Keith Rowley’s Address – Energy, Renewables Event
Latin America and Caribbean Trinidad and Tobago

Keith Rowley’s Address – Energy, Renewables Event

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202026/06/2020
(Trinidad Prime Minister, 24.Jun.2020) — Prime Minister Dr the Hon Keith Rowley’s Feature Address – Energy Efficiency and Renewables Conference 2020. Ladies and Gentlemen, a very good morning to you...
Petrobras Appoints Board Member Ruy Flaks Schneider
Brazil Latin America and Caribbean

Petrobras Appoints Board Member Ruy Flaks Schneider

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202026/06/2020
(Petrobras, 24.Jun.2020) — Petrobras reports that its Board of Directors, in a meeting held today, approved the appointment of Mr. Ruy Flaks Schneider for the position of member of the...
Petrobras On Landulpho Alves refinery (RLAM) News
Brazil Latin America and Caribbean

Petrobras On Landulpho Alves refinery (RLAM) News

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202026/06/2020
(Petrobras, 24.Jun.2020) — Petrobras, regarding to the news published in the media, clarifies that the date to receive the binding proposals for the divestment project of the Landulpho Alves refinery...
Petrobras On Deal With Sete Brasil
Brazil Latin America and Caribbean

Petrobras On Deal With Sete Brasil

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202026/06/2020
(Petrobras, 24.Jun.2020) — Petrobras, following up on the release disclosed on December 20, 2019, informs that its Executive Board approved a change in the deadline for certain conditions set forth...
Low Prices To Weigh On Investment In LatAm
Colombia Latin America and Caribbean

Low Prices To Weigh On Investment In LatAm

ENERGY ANALYTICS INSTITUTE (EAI)23/06/202025/06/2020
(Reuters, 23.Jun.2020) — Foreign investment in Latin America risks “drying out” due to economic turmoil and fiscal instability sparked by the COVID-19 pandemic, especially if Chinese-led commodity demand remains weak,...
Fiscal Effects Of Covid-19, Oil Could Last Years In Colombia
Colombia Latin America and Caribbean

Fiscal Effects Of Covid-19, Oil Could Last Years In Colombia

ENERGY ANALYTICS INSTITUTE (EAI)23/06/202025/06/2020
(Reuters, 23.Jun.2020) — The fiscal fallout of the coronavirus pandemic and low oil prices could affect Colombia for several years, Richard Francis, director of sovereign ratings at ratings agency Fitch,...
Mexico Antitrust Body Takes On Govt Over Energy Policy
Latin America and Caribbean Mexico

Mexico Antitrust Body Takes On Govt Over Energy Policy

ENERGY ANALYTICS INSTITUTE (EAI)22/06/202024/06/2020
(Reuters, 22.Jun.2020) — Mexico's antitrust regulator said on Monday it had filed a suit at the Supreme Court against the energy ministry, arguing that steps taken by the government last...
JinkoSolar To Supply 60.9 MW To Hybrid Plant In Chile
Chile Latin America and Caribbean

JinkoSolar To Supply 60.9 MW To Hybrid Plant In Chile

ENERGY ANALYTICS INSTITUTE (EAI)22/06/202024/06/2020
(JinkoSolar, 22.Jun.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that it will supply 60.9 MW of bifacial...
Venezuela Wooed Texan Lawmaker To Ease Sanctions
Latin America and Caribbean North America USA Venezuela

Venezuela Wooed Texan Lawmaker To Ease Sanctions

ENERGY ANALYTICS INSTITUTE (EAI)22/06/202028/07/2020
(AP, 22.Jun.2020) — Venezuela's socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same time it was secretly paying...
Petrobras Comments On Partial Award In Arbitration
Brazil Latin America and Caribbean

Petrobras Comments On Partial Award In Arbitration

ENERGY ANALYTICS INSTITUTE (EAI)21/06/202002/08/2020
(Petrobras, 21.Jul.2020) — Petrobras, following up on the release dated 22 June 2020, filed a motion to vacate a partial arbitration award rendered in an arbitration filed by Petros and...
The Oil Nation Aiming To Emulate Guyana’s Success
Guyana Latin America and Caribbean

The Oil Nation Aiming To Emulate Guyana’s Success

ENERGY ANALYTICS INSTITUTE (EAI)20/06/202024/06/2020
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being...
Venezuela Wooed Texas Lawmaker To Ease Sanctions
Latin America and Caribbean North America USA Venezuela

Venezuela Wooed Texas Lawmaker To Ease Sanctions

ENERGY ANALYTICS INSTITUTE (EAI)20/06/202024/06/2020
(AP, 20.Jun.2020) — Venezuela's socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same time it was secretly paying...
End of Venezuela’s Oil Fortune Looms Over Maduro
Latin America and Caribbean Venezuela

End of Venezuela’s Oil Fortune Looms Over Maduro

ENERGY ANALYTICS INSTITUTE (EAI)20/06/202024/06/2020
(Bloomberg, 20.Jun.2020) — Oil revenue, the financial lifeline of Venezuela, is quickly drying up, adding to the growing instability of Nicolas Maduro’s embattled regime. Crude exports that once accounted for...
The Oil Nation Aiming To Emulate Guyana’s Success
Guyana Latin America and Caribbean Suriname

The Oil Nation Aiming To Emulate Guyana’s Success

ENERGY ANALYTICS INSTITUTE (EAI)20/06/202028/07/2020
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being...
End Of Venezuela’s Oil Fortune Looms Over Maduro
Latin America and Caribbean Venezuela

End Of Venezuela’s Oil Fortune Looms Over Maduro

ENERGY ANALYTICS INSTITUTE (EAI)20/06/202028/07/2020
(Bloomberg, 20.Jun.2020) — Oil revenue, the financial lifeline of Venezuela, is quickly drying up, adding to the growing instability of Nicolas Maduro’s embattled regime. Crude exports that once accounted for...
Guaido Team Favoring COP In Citgo Fight: Update
Latin America and Caribbean North America USA Venezuela

Guaido Team Favoring COP In Citgo Fight: Update

ENERGY ANALYTICS INSTITUTE (EAI)19/06/202025/06/2020
(Argus, 19.Jun.2020) — Another senior Venezuelan opposition figure has resigned following the government's leak of a strategy to favor ConocoPhillips in an escalating battle for Venezuelan state-owned PdV's US refining...
Petrobras Releases Shallow Water E&P Teaser
Brazil Latin America and Caribbean

Petrobras Releases Shallow Water E&P Teaser

ENERGY ANALYTICS INSTITUTE (EAI)19/06/202026/06/2020
(Petrobras, 19.Jun.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Atum, Curimã, Espada and Xaréu fields,...
Guaido Team Favoring COP In Citgo Fight
Latin America and Caribbean Venezuela

Guaido Team Favoring COP In Citgo Fight

ENERGY ANALYTICS INSTITUTE (EAI)19/06/202001/08/2020
(Argus, 19.Jun.2020) — Another senior Venezuelan opposition figure has resigned following the government's leak of a strategy to favor ConocoPhillips in an escalating battle for Venezuelan state-owned PdV's US refining...
Opposition Asks Court To Recognize Citgo Changes
North America USA

Opposition Asks Court To Recognize Citgo Changes

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202026/06/2020
(Argus, 18.Jun.2020) — Venezuelan ownership of the country's most valuable overseas asset may rest on opposition leadership convincing a US court that it restored refiner Citgo's independence and remains a...
ExxonMobil Restores Guyana Oil Production
Guyana Latin America and Caribbean

ExxonMobil Restores Guyana Oil Production

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202024/06/2020
(Argus, 18.Jun.2020) — ExxonMobil has restored crude production offshore Guyana to 80,000 b/d after correcting a technical glitch, according to the head of the country's environmental agency EPA Vincent Adams....
US Sanctions Mexican Cos. Helping Venezuelan Oil
Latin America and Caribbean Venezuela

US Sanctions Mexican Cos. Helping Venezuelan Oil

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202022/06/2020
(Bloomberg, 18.Jun.2020) — The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country. Libre...
ExxonMobil Restores Guyana Oil Production
Guyana Latin America and Caribbean

ExxonMobil Restores Guyana Oil Production

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202028/07/2020
(Argus, 18.Jun.2020) — ExxonMobil has restored crude production offshore Guyana to 80,000 b/d after correcting a technical glitch, according to the head of the country's environmental agency EPA Vincent Adams....
Treasury Targets Sanctions Evasion Network Supporting Corrupt Venezuelan Actors
Latin America and Caribbean North America USA Venezuela

Treasury Targets Sanctions Evasion Network Supporting Corrupt Venezuelan Actors

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202025/06/2020
(US Department of Treasury, 18.Jun.2020) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals and eight foreign entities, and identified two vessels...
Petrobras Eyes Selling BR Stake In 2H:20, Sources Say
Brazil Latin America and Caribbean

Petrobras Eyes Selling BR Stake In 2H:20, Sources Say

ENERGY ANALYTICS INSTITUTE (EAI)17/06/202021/06/2020
(Reuters, 17.Jun.2020) — Brazilian state-controlled oil company Petroleo Brasileiro SA is resuming plans to unload its remaining stake in the country’s top gas station operator, Petrobras Distribuidora SA, two people...
Petrobras’ E&P Teaser For Alagoas State Assets
Brazil Latin America and Caribbean

Petrobras’ E&P Teaser For Alagoas State Assets

ENERGY ANALYTICS INSTITUTE (EAI)17/06/202021/06/2020
(Petrobras, 17.Jun.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in a set of seven onshore and shallow...
Petrobras On BR Distribuidora S.A. News
Brazil Latin America and Caribbean

Petrobras On BR Distribuidora S.A. News

ENERGY ANALYTICS INSTITUTE (EAI)17/06/202026/06/2020
(Petrobras, 17.Jun.2020) — Petrobras, regarding to the news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that, according to the press...
Touchstone Closes Trinidad Based $20mn Term Loan
Latin America and Caribbean Trinidad and Tobago

Touchstone Closes Trinidad Based $20mn Term Loan

ENERGY ANALYTICS INSTITUTE (EAI)16/06/202021/06/2020
(Touchstone, 16.Jun.2020) — Touchstone Exploration Inc. announced on 15 June 2020 the conditions precedent were satisfied in respect of its previously announced $20 million, seven-year term loan agreement with Republic...
GECOM Chairman Awaits Guyana Election Report
Guyana Latin America and Caribbean

GECOM Chairman Awaits Guyana Election Report

ENERGY ANALYTICS INSTITUTE (EAI)16/06/202021/06/2020
(GECOM, 16.Jun.2020) — After considerable deliberations at the Commission on the report submitted by Chief Election Officer(CEO), Mr. Keith Lowenfield on the National Recount of votes cast in the 2...

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Exxon’s 4Q:20 Results Call

Vincent Pereira To Retire From BHP Trinidad

Driller Stuns Creditors As Argentina’s Dollars Dwindle

OFAC Sanctions Individuals, Entities And Vessels

Keystone XL Commits Renewable Energy

Exxon’s Hassa-1 Doesn’t Finds Hydrocarbons

Venezuela Eyes Private Cos Operating Oil Fields

Panama Canal LNG Vessel Bottleneck Could Go Months

Judge Approves Citgo Parent Share Sale

Venezuela Creates Special Crisis Commission

Total Announces Fourth Find In Suriname’s Block 58

Keskesi East-1 Finds Oil In Block 58 Offshore Suriname

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