(Energy Analytics Institute, 17.Oct.2020) — The Nabarima floating storage unit with around 1,180,000 barrels of oil and located offshore Venezuela’s Sucre state is at increased risk of sinking, an oil...
(Energy Analytics Institute, 16.Oct.2020) — Rio de Janeiro-based Petróleo Brasileiro SA or Petrobras, announced it has postponed the Integrated Project of Parque das Baleias by around a year; thus, pushing...
(Petrobras, 15.Oct.2020) — Petrobras, following up on the release disclosed on 29 July 2020, informs the beginning of the binding phase regarding the sale of its entire stake in a...
(Energy Analytics Institute, 15.Oct.2020) — Argentina’s President Alberto Fernández announced details of the country’s Gas Plan 4 during a visit to the Vaca Muerta formation. The gas plan aims to...
(Energy Analytics Institute, 15.Oct.2020) — Populist leaders appear to be on the rise again and elections on the horizon in Latin America from Bolivia to Chile will be a test...
(Touchstone, 14.Oct.2020) — Touchstone Exploration Inc. completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago (Touchstone 80% working interest operator,...
(Energy Analytics Institute, 13.Oct.2020) — Venezuela, home to the world’s largest oil reserves and sizable natural gas and mineral deposits, is expected to be the worst performing economy in the...
(Energy Analytics Institute, 13.Oct.2020) — Panhandle Oil and Gas Inc. officially changed its name to PHX Minerals Inc. with an effective date of 8 October 2020. Additionally, and in conjunction...
(Argus, 13.Oct.2020) — Italian Eni's plan to drain a Venezuelan floating oil storage vessel considered a potential environmental risk has been delayed for weeks because of concerns over US sanctions...
(Indian Energy, 12.Oct.2020) — Long-duration, non-lithium ion energy storage is the final key to unlocking renewables and permanently evading the blackouts and brownouts that California is currently facing due to...
(Energy Analytics Institute, 12.Oct.2020) — Bolivia’s state oil and gas entity Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) announced appointment of Katya Mirna Diederich Kuscevic as executive president, the first woman to...
(Energy Analytics Institute, 12.Oct.2020) — The Córdoba province government of Juan Schiaretti continues to advance varied measures that seek to benefit the region’s biofuels sector. Schiaretti’s government is promoting a...
(Energy Analytics Institute, 12.Oct.2020) — Guyanese government officials held meetings with contractors from the mining and forest sectors in preparation of the rainy season with the objective of ensuring key...
(Energy Analytics Institute, 12.Oct.2020) — The recent arrival of three Iranian tankers to Venezuela carrying around 750,000 bbls of gasoline is only sufficient to last the South American country about...
(Petronas, 12.Oct.2020) — Petronas through its subsidiary, PC Oman Ventures Ltd (PCOVL) together with its partners, BP Exploration (Epsilon) Limited and Makarim Gas Development LLC, a subsidiary of OQ, today...
(Energy Analytics Institute, 11.Oct.2020) — The former president of Petróleos de Venezuela (PDVSA), Rafael Ramírez, criticized Venezuela’s Anti-Blockade Law, which was approved by the country’s National Constituent Assembly. “For more...
(Energy Analytics Institute, 11.Oct.2020) — Colombian households located in areas not connected to the national interconnected energy system will be offered installation of solar panels with resources from the national...
(Energy Analytics Institute, 11.Oct.2020) — Venezuela’s Amuay refinery is processing around 160,000 barrels per day (b/d) after reactivation of two plants, according to an oil union official with the Unitary...
(Energy Analytics Institute, 11.Sep.2020) — At the request of the US State Department, Tipco Asphalt plans to temporarily shut down its refinery located in Kemaman, Malaysia. The refinery relies on...
(Energy Analytics Institute, 10.Oct.2020) — Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the recent arrival of three Iranian...
(Petrobras, 9.Oct.2020) — Petrobras, following up on the releases disclosed on 21 and 29 July 2020 and 26 August, hereby informs that a judicial decision was issued at the end...
(OAS, 9.Oct.2020) — The Electoral Observation Mission (EOM) of the Organization of American States (OAS) will begin to arrive in La Paz tomorrow to begin the tasks of observation in...
(Reuters, 9.Oct.2020) — An Iranian-flagged oil tanker left Venezuela on Friday for Iran’s Kharg Island, Refinitiv Eikon data showed, after the vessel loaded 1.9 million barrels of heavy crude at...
(bpTT, 8.Oct.2020) — bp Trinidad and Tobago LLC (bpTT) continues to invest in the energy future of Trinidad and Tobago and has commenced work on the Matapal field development. Matapal...
(Noble, 8.Oct.2020) — Noble Corporation plc announced the ultra-deepwater drillship Noble Tom Madden has been awarded approximately 6.5 years of additional contract term under the Commercial Enabling Agreement ("CEA") with...
(Energy Analytics Institute, 8.Oct.2020) — Venezuela’s state oil company Petroleos de Venezuela (PDVSA) has reportedly restarted the PetroPiar and Sinovensa blending units, according to reports from local Venezuelan media El...
(Trinidad and Tobago Newsday, 7.Oct.2020) — Following the reading of the national budget for fiscal 2020/2021, the Trinidad and Tobago Chamber of Industry and Commerce acknowledges the unprecedented economic challenges...
(Energy Analytics Institute, 7.Oct.2020) — Ecuador is suing CNO SA, formerly known as Construtura Norberto Odebrecht SA, for $281mn for breach of the construction contract for the pipeline Pascuales Cuenca...
(Petrobras, 7.Oct.2020) — Petrobras reports that in September, for the fourth month in a row, it surpassed the record production of S-10 low sulfur diesel, reaching the 1.89 million m³...
(Energy Analytics Institute, 7.Oct.2020) — The ANP Collegiate Board approved on 7 October 2020 the exceptional and temporary reduction of the mandatory mixture of biodiesel-to-diesel oil to 11% from 12%...
(Energy Analytics Institute, 7.Oct.2020) — An updated schedule for the 76th Biodiesel Auction has been published on the auction page on the website of Brazil’s National Agency of Petroleum, Natural...
(Energy Analytics Institute, 7.Oct.2020) — Pursuant to the regulations of the National Securities Commission or the Comisión Nacional de Valores and the terms of Article 73 of Law No. 26,831,...
(Energy Analytics Institute, 7.Oct.2020) — Venezuela’s National Assembly has submitted proposed changes to the country’s Organic Hydrocarbons Law, which it views as fundamental legislation and extremely important in any recovery...
(Beat, 6.Oct.2020) — An electric fleet for all passengers that sets their hearts on an experience that transcends the limits of simply moving from point A to point B. Beat,...
(Energy Analytics Institute, 6.Oct.2020) — Ecuador’s Minister of Energy and Non-Renewable Natural Resources René Ortiz commissioned César Vásquez as the country’s Deputy Minister of Mines. Vásquez is a mining engineer...
(Petrobras, 6.Oct.2020) — Petrobras will release its quarterly production and sales report on 20 October 2020 and its financial performance report on 28 October, after the markets close. On 29...
(Argus, 6.Oct.2020) — Venezuelan state-owned PdV is focusing on repairs to its 940,000 b/d CRP refining complex to address a severe gasoline shortage that has been temporarily alleviated by Iranian...
(Platts, 6.Oct.2020) — The first fracking in Colombia could come by the end of 2021, after companies obtain necessary environmental permits, energy minister Diego Mesa said Oct. 6 The Colombian...
(BHP, 6.Oct.2020) — BHP signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (Hess) to acquire an additional 28% working interest in Shenzi, a six-lease development in the...
(OAS, 5.Oct.2020) — The Organization of American States (OAS) and the Plurinational State of Bolivia today signed the agreement on privileges and immunities for the OAS electoral mission that will...
(Platts, 5.Oct.2020) — Mexico announced on Oct. 5 a set of infrastructure projects worth almost $14 billion to reactivate the economy, including a new coker for one of its six...
(Reuters, 5.Oct.2020) — Mexico's government and business leaders on Monday presented a series of planned investments worth over 297 billion pesos ($13.83 billion) which President Andres Manuel Lopez Obrador hopes...
(Energy Analytics Institute, 5.Oct.2020) — The third and final Iranian tanker, part of a three-tanker flotilla, docked in Venezuela over the weekend with much needed gasoline supplies for the struggling...
(Hess, 5.Oct.2020) — Hess entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator,...
(Energy Analytics Institute, 5.Oct.2020) — Guyana’s Ministry of Natural Resources released flaring highlights related to the country’s petroleum production licenses. __________ By Ian Silverman. © Energy Analytics Institute (EAI). All...
(Energy Analytics Institute, 5.Oct.2020) — Major differences in the licenses for the Liza Phase 1 and Payara developments offshore Guyana in the Stabroek Block as provided by Guyana’s Ministry of...
(Energy Analytics Institute, 4.Oct.2020) — Bolivia’s interim president Jeanine Añez expressed her commitment to enforce the popular will expressed in the results of the general elections on 18 October 2020....
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said. The strike will...
(Energy Analytics Institute, 3.Oct.2020) — Argentina’s Neuquén Ministry of Energy data reveal 11 drilling rigs have been reactivated in the province, and all targeting the Vaca Muerta formation. Of the...
(DPI, 3.Oct.2020) — The new licence issued to Esso Exploration and Production Guyana Limited (EEPGL) for the development of its Payara well features significant new clauses missing from the Liza 1...
(Energy Analytics Institute, 2.Oct.2020) — A natural gas-to-power project is expected to start in 2021 to produce reliable electricity for Guyanese citizens, the country’s Natural Resources Minister Vickram Bharrat said...
(Petrobras, 2.Oct.2020) — Petrobras, following up on the release disclosed on 4 February 2020, informs that its indirect controlled company, Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI), signed with DISA...
(bpTT, 2.Oct.2020) — bp Trinidad and Tobago LLC (bpTT) announced the safe start-up of the Galeota expansion project (GEP). The project has been under construction since late 2016 and was...
The Incahuasi gas plant restarted production on 1 Oct. 2020, after halting operations a day earlier due to forest fires approaching from nearby communities.
(Energy Analytics Institute, 2.Oct.2020) — Enel Green Power Chile (EGP), a subsidiary of Enel Chile, together with AME and possible partners such as Enap, Siemens Energy and Porsche, will develop...
Oil unions in Argentina reached an agreement with state oil and gas entity YPF for a salary increase of 16.2% over basic salaries as of March 2019 and which will be “non-remunerative” and payable from 1 September 2020.
(Petrobras, 2.Oct.2020) — Petrobras, following up on the release disclosed on 14 January 2019, informs that the Federal Supreme Court judged, by majority of votes, dismissing the direct action of...
(Marathon, 1.Oct.2020) — Marathon Oil Corporation reported an update highlighting the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for future capital allocation and uses...
(The Carlyle Group, 1.Oct.2020) — Occidental signed an agreement to sell its onshore assets in Colombia to The Carlyle Group for total consideration of approximately $825mn, with $700mn up front...
(Reuters, 1.Oct.2020) — Venezuelan President Nicolas Maduro has drafted legislation to grant his government expanded powers to confidentially sign new oil deals with private firms and foreign nations as a...
(Reuters, 1.Oct.2020) — Reliance Industries has agreed to purchase 2 million barrels of Canadian heavy crude per month, three industry sources said, as a substitute for dwindling Venezuelan supply. The...
(Petrobras, 1.Oct.2020) — Petrobras informs the plenary composition of the Supreme Federal Court (STF), by majority vote, denied the preliminary injunction request formulated by the Federal Senate and Congress committees...
(Petrobras, 1.Oct.2020) — Petrobras’ Board of Directors approved the adhesion to the ICMS debt and interest penalty reduction programs (Amnesties), according to the CONFAZ regulations ICMS 146/2019 and 51/2020, instituted...
(Energy Analytics Institute, 1.Oct.2020) — The recently sanctioned Payara development located offshore Guyana in the Stabroek Block will demand a hefty $9bn development cost due to requiring more drill centers...
(Sempra 1.Oct.2020) — Sempra Energy's Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to release its third-quarter 2020 earnings by 6 p.m. ET, 21 October, in advance of...
