(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...
(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...
(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, 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,...
(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...
(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...
(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...
(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...
(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, 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....
(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®...
(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, 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, 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...
(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...
(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...
(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...
(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, 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, 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...
(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...
(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...
(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...
(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...
(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,...
(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...
(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...
(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, 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, 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, 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...
(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...
(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...
(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...
(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....
(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...
(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...
(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...
(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...
(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, 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, 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...
(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, 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, 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, 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...
(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,...
(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,...
(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, 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...
(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...
(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...
(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...
(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, 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,...
(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...
(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....
(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...
(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...
(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, 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, 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, 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, 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...
(Reuters, 16.Jun.2020) — Surinamese President Desi Bouterse, a former military ruler who has dominated the country’s politics in recent decades, lost last month’s national election, the country’s electoral authority said...
(Reuters, 16.Jun.2020) — Venezuela’s oil exports have fallen nearly 28% in the first half of June, on course for the lowest level in over 70 years as tanker owners and...
(Petrobras, 16.Jun.2020) — Petrobras’ Board of Directors approved the date of 22 July 2020 for the Annual General Meeting (AGM) in accordance with the Provisional Measure No. 931/2020 and CVM...
(Reuters, 16.Jun.2020) — Surinamese President Desi Bouterse, a former military ruler who has dominated the country's politics in recent decades, lost last month's national election, the country's electoral authority said...
(Carter Center, 16.Jun.2020) — The Carter Center commends the Guyana Elections Commission on the completion of the recount process and welcomes the CARICOM report, which indicates that despite minor flaws...
(Tudor Pickering, 16.Jun.2020) — Reports out last night that XOM was forced to reduce output at its Liza Phase 1 project in the Stabroek block offshore Guyana due to an...
(Reuters, 15.Jun.2020) — Mexican President Andres Manuel Lopez Obrador said on Monday his country would, for “humanitarian” reasons, sell gasoline to Venezuela if asked to do so, despite a raft...
(Touchstone, 15.Jun.2020) — Touchstone Exploration Inc. announced final production test results from the Cascadura-1ST1 well on the Ortoire exploration block. The final test results for both the lower test (6,056...
(Reuters, 15.Jun.2020) — Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela, sources say, helping offload domestic oversupply but risking retaliation from U.S....
(Reuters, 15.Jun.2020) — Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further...
(Energy Analytics Institute, 15.Jun.2020) — Venezuela’s production of crude oil continues in a free fall, reaching 411,900 barrels per day on 15 June 2020, down by 206,800 barrels per day...
