(Reuters, 14.Dec.2020) — A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the two countries'...
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn and $4bn. HIGHLIGHTS - The...
(Exxon, 14.Dec.2020) — ExxonMobil plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and anticipates meeting year-end 2020 reductions....
(Reuters, 14.Dec.2020) — Caribbean refinery Limetree Bay Ventures sold the first oil product to a buyer in the Gulf Coast on Monday, according to a shipbroking source and Refintiv Eikon...
(Argus, 14.Dec.2020) — Washington's failure in the past two years to force regime change in Caracas by means of severe sanctions gives the incoming US administration of president-elect Joe Biden...
(Maxeon, 14.Dec.2020) — Maxeon Solar Technologies, Ltd. joined the United Nations Global Compact, the world's largest voluntary corporate sustainability initiative. The company committed to be a Signatory of the Global...
(Braskem, 14.Dec.2020) — Braskem, the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the University of Illinois Chicago (UIC)...
(Talos, 14.Dec.2020) — Talos Energy Inc. announced that Talos Production Inc., a wholly owned subsidiary of Talos Energy, has commenced an offering of $400mn in aggregate principal amount of new...
(Bloomberg, 13.Dec.2020) — Algerian President Abdelmadjid Tebboune made a surprise appearance Sunday, vowing to return soon to the North African nation after having undergone treatment for Covid-19 abroad. Tebboune, who’s...
(Reuters, 13.Dec.2020) — Firefighters have contained most of a blaze that broke out after a pipeline carrying crude oil to Iran’s second-largest refinery ruptured on Sunday because of a landslide,...
(Energy Analytics Institute, 11.Dec.2020) — Bolivia’s Hydrocarbons and Energy Minister Franklin Molina Ortiz held a virtual meeting with Argentina’s Energy Secretariat Darío Martínez to discuss issues related to a common...
(S&P Global Platts, 11.Dec.2020) — Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing 32 high potential but...
(Reuters, 11.Dec.2020) — Mexico is wrapping up purchases for the 2021 edition of an oil hedging program that insures its revenues from oil sales, sources familiar with the legendarily opaque...
(Reuters, 11.Dec.2020) — Venezuela's Oil Minister Tareck El Aissami said on Friday that authorities had disrupted a plan to attack Venezuela's 146,000-barrel-per-day (bpd) El Palito refinery, and had arrested two...
(Petrobras, 11.Dec.2020) — Petrobras, following up on the release disclosed on 01/03/20, informs that it signed today with Energizzi Energias do Brasil Ltda a contract for the sale of its...
(Petronas, 11.Dec.2020) — Petronas through its subsidiary, Petronas Suriname E&P B.V. (PSEPBV) made its first discovery of hydrocarbon in Suriname with the successful drilling of the Sloanea-1 exploration well located...
(Exxon, 11.Dec.2020) — ExxonMobil and Petronas have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well...
(Smart Wires, 10.Dec.2020) — Global power technology company, Smart Wires, announced that leading European electricity grid expert, Marie Hayden, has been appointed General Manager, Europe. Ms. Hayden is based in...
(Petrobras, 10.Dec.2020) — Petrobras, following up on the release disclosed on 16 November 2020, informs the beginning of the non-binding phase regarding the sale of 50% of its stakes in...
(Petrobras, 10.Dec.2020) — Petrobras informs it will pay, on Tuesday, 15 December 2020, dividends referred to the 2019 fiscal year, based on shareholding position as of 22 July, in connection...
(McDermott, 10.Dec.2020) — McDermott International, Ltd announced it has been selected by BHP Petróleo Operaciones de México, S. De R.L. De C.V. to perform the preliminary Front-End Engineering Design (pre-FEED)...
(NASA, 10.Dec.2020) — NASA will provide live coverage 14 December 2020, of a solar eclipse that will pass over South America, treating parts of Chile and Argentina to views of...
(Argus, 10.Dec.2020) — PdV has restarted a crude distillation unit at its 190,000 b/d Puerto La Cruz refinery for the first time since 2017, but as with the Venezuelan state-owned...
(Citgo, 10.Dec.2020) — NGOs and other private philanthropic groups are increasingly critical in helping address the deteriorating humanitarian crisis in Venezuela, according to three diverse panels of leading experts recently...
(Energy Analytics Institute, 9.Dec.2020) — Cheniere Energy announced the commissioning of its first cargo for “CCL’s Train 3 and also CCL’s 200th cargo, loading today onto the lovely La Mancha...
(Energy Analytics Institute, 9.Dec.2020) — Argentina’s Energy Secretariat Dario Martinez and the country’s Transport Minister Mario Meoni signed a collaboration deal to stimulate investments in electricity generation projects using renewable...
(Energy Analytics Institute, 9.Dec.2020) — Crude oil production from OPEC member Venezuela is expected to average 600,000 barrels per day in 2021, according to new estimates revealed by Ecoanalitica. The...
(UK's Department for International Trade or DIT, 9.Dec.2020) — The UK's Department for International Trade (DIT) on 3 December 2020, hosted the first ever UK-Africa Renewable Energy Ministerial Symposium to...
(Hydro-Québec, 9.Dec.2020) — Hydro-Québec launched EVLO Energy Storage Inc. (EVLO), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. These storage systems are intended mainly...
(Petrobras, 9.Dec.2020) — Petrobras, following up on the release disclosed on 03/09/2020, has concluded the sale of 100% of its stakes in four onshore fields, located in the Tucano Basin,...
(US State Department, 8.Dec.2020) — The United States continues to support Interim President Juan Guaidó, the National Assembly, and the Venezuelan people in their struggle to restore democracy in their...
(Energy Analytics Institute, 8.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Trafigura Pte. Ltd. a deal to import 2,800,000 barrels of premium diesel. Trafigura won the deal with a differential...
(ECV, 8.Dec.2020) — Energy Capital Vietnam (ECV), a US-based project holding and development company established in 2015 to serve as a platform for private investment into Vietnam, has announced the...
(Global Credit Research, 8.Dec.2020) — Moody's Investors Service reviews all of its ratings periodically in accordance with regulations -- either annually or, in the case of governments and certain EU-based...
(Argus, 8.Dec.2020) — Trinidad and Tobago's faltering LNG production will decline further in 2021 when 20pc of Atlantic's liquefaction capacity undergoes an indefinite turnaround because of a natural gas shortage....
(US Senate, 7.Dec.2020) — US Senator Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, released the following statement on yesterday’s fraudulent congressional elections in Venezuela: “The Maduro regime’s...
(Argus, 7.Dec.2020) — Venezuela's opposition-controlled National Assembly named another oil industry veteran to chair a shadow board of Venezuela's national oil company PdV. The key appointment comes on the eve...
(Argus, 7.Dec.2020) — Venezuela's National Assembly elections yesterday thrust the Opec country's last democratic institution under the thumb of President Nicolas Maduro, who has defied US oil sanctions for close...
(Bloomberg, 7.Dec.2020) — The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts. While OPEC’s third-largest...
(Al Jazeera, 6.Dec.2020) — Venezuelans voted on Sunday in legislative elections set to tighten President Nicolas Maduro’s grip on power and weaken his US-backed rival, Juan Guaido, who is leading...
(Energy Analytics Institute, 6.Dec.2020) — EP PetroEcuador will exclude Vitol Inc. from its list of suppliers due to the recent corruption case under investigation in the United States with respect...
(Energy Analytics Institute, 6.Dec.2020) — Venezuela’s National Assembly leader and Interim President Juan Guaido could be coming to the end of his short two-year reign this 6 December 2020 as...
(Energy Analytics Institute, 5.Dec.2020) — Representatives of insurance companies Latina and Hispana resolved to join forces and present a single offer to safeguard the integrity and safety of the people,...
(Energy Analytics Institute, 5.Dec.2020) — Rumors are that Iranian businesspersons and their companies are in the process of taking over operations at Venezuela’s six refineries while also looking to do...
(US Senate, 4.Dec.2020) — US Senate Foreign Relations Committee Ranking Member Bob Menendez (D-N.J.) and Senate Democratic Whip Dick Durbin (D-Ill.) issued the following statement denouncing the Maduro regime’s sham...
(Gunvor, 4.Dec.2020) — Gunvor Group successfully closed a new $540mn borrowing base facility to support the company's biodiesel trading activity. The facility drew strong support among Gunvor's banking partners, which...
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
(Reuters, 3.Dec.2020) — Venezuela’s oil exports almost doubled in November from the previous month as new customers linked to a Russian trading firm stepped in to boost purchases from state-run...
(Reuters, 3.Dec.2020) — Venezuela's ruling Socialist Party would consider reforming the country's oil law if it retakes control of the legislature after the Dec. 6 election, Nicolas Maduro Guerra, son...
(Energy Analytics Institute, 3.Dec.2020) — Brazilian-based Braskem Idesa has shut down its Ethylene XXI polyethylene (PE) complex in the city of Coatzacoalcos, after a Mexican state energy agency shut off...
(Argus, 3.Dec.2020) — Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power generation in...
(Energy Analytics Institute, 2.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Novum Energy Trading Corp. a deal to import 1,260,000 barrels of cutter stock. Novum won the deal with a...
(Sempra, 2.Dec.2020) — Sempra Energy announced a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking portfolio synergies and better positioning...
(Petrobras, 2.Dec.2020) — Rio de Janeiro-based Petrobras, following up on the press release disclosed on 1 October 2020, has received binding proposals for four refineries: Landulpho Alves (RLAM), in Bahia,...
(Petroleum Economist, 2.Dec.2020) — Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s worst Covid-19 mortality rates. But...
(Reuters, 2.Dec.2020) — India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after U.S. President-elect Joe Biden takes office, Oil Minister Dharmendra Pradhan...
(Bloomberg, 1.Dec.2020) — Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving a payout of about $2.5...
(Ecopetrol, 1.Dec.2020) — Ecopetrol reports that rating agency, Fitch Ratings, has affirmed the company’s credit rating at BBB- with a negative outlook and its standalone credit profile (without incorporating government...
(Guyana Standard, 1.Dec.2020) — President Dr. Irfaan Ali has reaffirmed his Government’s commitment to ensure that local businesses are optimally involved in the oil and gas sector. The Head of...
(ANH, 1.Dec.2020) — Colombia’s National Hydrocarbons Agency - ANH signed 4 new contracts as a conclusion of the third cycle of the Continuous Area Nomination Process, PPAA. Parex Resources and...
(DPI, 1.Dec.2020) — Government’s gas to energy project is set to see development of new sectors and boost local traditional industries. Minister of Natural Resource, Hon. Vickram Bharrat shared this...
(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and Russians companies lifting the South...
(BPC, 1.Dec.2020) — Bahamas Petroleum Company plc provided an update on its strategy, deliverables and 2021 work program for its portfolio of assets in Trinidad and Tobago and Suriname. The...
(Petrobras, 1.Dec.2020) — Petrobras informs that it received, on this date, a favorable partial decision in one of the arbitrations proceeding before the Market Arbitration Chamber (CAM) of B3, initiated...
(Petrobras, 1.Dec.2020) — Petrobras will be part of B3 Corporate Sustainability Index (ISE) again. The company will integrate the main Brazilian index under the aspect of corporate sustainability in 2021,...
(Argus, 1.Dec.2020) — Venezuelan state-owned PdV's crude production and exports have recovered in recent weeks as China resumed direct loadings and a tanker deficit the company blames on US sanctions...
(Petrobras, 30.Nov.2020) — Petrobras, following up on the release disclosed on 27 November 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), clarifies that the company Compass Gás Energia S.A....
(BPC, 30.Nov.2020) — Bahamas Petroleum Company plc (BPC) advised the Goudron Enhanced Production Sharing Contract (ESPC) has been signed. As a consequence, the company will proceed to issue 35,759,140 new...
(Rockhopper, 30.Nov.2020) — Rockhopper Exploration plc provided the following update in relation to the previously announced farm-in to the Sea Lion project by Navitas Petroleum LP. Following the announcement of...
(TechnipFMC, 30.Nov.2020) — TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company...
(Petrobras, 30.Nov.2020) — Rio de Janeiro-based Petrobras provided operational and financial details from its once yearly Petrobras Day. Petrobras Day 30 November 2020 ... petrobras_day_final_ingles_2020Download __________
(Reuters, 29.Nov.2020) — The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies,...
(Frontera, 27.Nov.2020) — Frontera Energy Corporation and CGX Energy Inc, the joint venture partners, announce that their constructive and collaborative discussions with the Government of Guyana have been concluded with...
(Energy Analytics Institute, 27.Nov.2020) — The Obrera Oil Union (USO) requested an investigation into the causes of the fire that occurred at Ecopetrol’s refinery in Barrancabermeja, Santander, announced RCN RadioBucaramanga...
(Energy Analytics Institute, 27.Nov.2020) — Brazil’s state oil company Petrobras announced that regarding divestment of Petrobras Gás S.A. (Gaspetro) that Compass Gás Energia S.A. wasn’t qualified for the continuation of...