(Energy Analytics Institute, 11.Nov.2020) — Briefs on Argentina and Chile related to IMF officials in Argentina to renegotiate around $44bn in debt and tensions rise in Chile over pension reform....
(Energy Analytics Institute, 10.Nov.2020) — Venezuela, home to the largest crude oil reserves and sizeable natural gas reserves, reported total oil exports of $984.9bn between 1999 and the first quarter...
(Tullow, 10.Nov.2020) — Tullow Oil plc announce the sale of its assets in Uganda to Total has completed with $500mn consideration received earlier today. Tullow is also due to receive...
(Energy Analytics Institute, 10.Nov.2020) — Ratio Suriname, an affiliate of Tel Aviv-based Ratio Petroleum announced the decision to drill the Goliathberg Voltzberg North (GVN) prospect in Suriname’s Block 47 during...
(Braskem, 10.Nov.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces its latest sustainability ambitions to significantly expand its efforts to...
(Energy Analytics Institute, 10.Nov.2020) — Colombia’s National Hydrocarbons Agency will conduct a second round for the award of Special Research Project Contracts (CEPI by its Spanish acronym). “The purpose of...
(Energy Analytics Institute, 10.Nov.2020) — The government of Guyana, the newest petro-state in the Latin America and Caribbean region, announced it has made strides in extracting better benefits from oil...
(Equinor, 10.Nov.2020) — Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil, awarded Baker Hughes, Halliburton and Schlumberger contracts for drilling and well services on the Bacalhau field...
(Energy Analytics Institute, 9.Nov.2020) — Bolivia’s President Luis Arce Catacora appointed Franklin Molina Ortiz as the country’s new Hydrocarbons and Energy Minister. Molina is a native of Santa Cruz and...
(Energy Analytics Institute, 9.Nov.2020) — Argentina’s YPF plans to drill 24 wells in the Rincón del Mangrullo Block at two unconventional developments between now and 2021. The developments on the...
(Energy Analytics Institute, 9.Nov.2020) — Peru’s Congress is eyeing presidential elections in 2021 amid turmoil created by the impeachment of President Martín Vizcarra Cornejo owing to corruption allegations. Peru’s Congress...
(Reuters, 9.Nov.2020) — Brazil's Petroleo Brasileiro SA is set to receive binding offers on Dec. 10 for its Rio Grande do Sul state refinery Refap, with Indian conglomerate Essar Group...
(Sempra Energy, 9.Nov.2020) — Sempra Energy and the Salk Institute today announced a new project to advance plant-based carbon capture and sequestration research, education and implementation to help address the...
(Energy Analytics Institute, 9.Nov.2020) — Peru’s President Martín Vizcarra was impeached over the weekend after a vote over corruption allegations. Manuel Merino, the head of Peru’s Congress, will assume the...
(Energy Analytics Institute, 9.Nov.2020) — Venezuela’s state oil company Petróleos de Venezuela (PDVSA) dispatched 60 vehicles to the Paraguaná Refining Center (CRP by its Spanish acronym), located in the state...
(Energy Analytics Institute, 8.Nov.2020) — The Board of Directors of PetroAmazonas EP, led by the Ecuador's Minister of Energy and Non-Renewable Natural Resources René Ortiz and the Chairman of the...
(AES, 6.Nov.2020) — The AES Corporation reported financial results for the quarter ended 30 September 2020. "I am pleased to announce that we have already achieved two of our top...
(Energy Analytics Institute, 6.Nov.2020) — Argentina’s production of natural gas averaged 125.5 million cubic meters per day (MMcm/d) or 4.43 billion cubic feet per day (Bcf/d) in the eight months...
(Petrobras, 6.Nov.2020) — Petrobras, following up on the releases disclosed on 24 and 28 July 2020, concluded the sale of its entire stake in the Baúna field (BM-S-40 concession area),...
(Energy Analytics Institute, 6.Nov.2020) — Energy and economic briefs from land-locked Bolivia regarding issues related to funding for the country’s diesel subsidy and interim president Jeanine Añez saying the economy...
(Energy Analytics Institute, 6.Nov.2020) — Argentina’s production of crude oil averaged 483,453 barrels per day in the eight months between January and August of 2020, according to data from the...
(Energy Analytics Institute, 6.Nov.2020) — BP Trinidad and Tobago (bpTT) commenced drilling the first well of a three well Matapal development. Once finalized, these wells will be tied into the...
(Seeking Alpha, 5.Nov.2020) — Apache Corporation CEO John Christmann led the company’s third quarter of 2020 conference call to discuss results with analysts. What follows is the complete transcript of...
(Sempra, 5.Nov.2020) — Sempra Energy reported third-quarter 2020 earnings of $351mn, or $1.21 per diluted share, compared to third-quarter 2019 earnings of $813mn, or $2.84 per diluted share. On an...
(McDermott, 5.Nov.2020) — McDermott International, Ltd announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC). It comes just weeks...
(Frontera, 4.Nov.2020) — Frontera Energy Corporation reported financial and operational results for the third quarter ended 30 September 2020. All financial amounts in this news release are in United States...
(Petrobras, 4.Nov.2020) — Petrobras, following up on the release disclosed on 7 August 2020, informs the beginning of the binding phase regarding the sale of its entire stake in the...
(Apache, 4.Nov.2020) — Apache Corporation announced its financial and operational results for the third quarter 2020, highlighting activities in Suriname and Egypt. Key Takeaways -- Upstream capital investment significantly below...
(Energy Analytics Institute, 5.Nov.2020) — Apache Corporation released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The...
(Petrobras, 4.Nov.2020) — Petrobras has readjusted, on 1 November 2020, the sales prices of natural gas for distributors for the contracts started in January. The adjustments occurred according to parameters...
(Petrobras, 4.Nov.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in a set of twenty-eight onshore production...
(Africa Oil Corp., 4.Nov.2020) — Africa Oil Corp. (AOI) announced that Impact Oil & Gas Limited has entered into two agreements for exploration areas offshore South Africa. The company has...
(Talos, 4.Nov.2020) — Talos Energy Inc. announced its financial and operational results for the third quarter of 2020. Key Highlights: -- Production of 48.6 thousand barrels of oil equivalent per...
(Energy Analytics Institute, 4.Nov.2020) — Malaysia-based Petronas and US-based ExxonMobil have commenced drilling of an exploratory well offshore Suriname in Block 52, according to sources close to Energy Analytics Institute...
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible...
(Touchstone, 2.Nov.2020) — Touchstone Exploration Inc. placed 24,291,866 new common shares of no par value (the "Placing Shares") with institutional and other investors in the United Kingdom and Canada at...
(Energy Analytics Institute, 3.Nov.2020) — The CEOs of Ecuador state oil entities EP PetroEcuador, Ricardo Merino, and PetroAmazonas EP, Juan Carlos Bermeo, resigned within a 24-hour period over the weekend,...
(Energy Analytics Institute, 3.Nov.2020) — Fuels produced by Argentina’s YPF again won the Top TierTM international certification, which is promoted by the ten most important automotive companies in the North...
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible...
Energy briefs from Venezuela on prices for black market gasoline reaching $11.36/gal and refineries owned by PDVSA only producing enough diesel to cover 25% of domestic demand.
(Energy Analytics Institute, 3.Nov.2020) — Does Venezuela need a new organic hydrocarbons law? That’s the question to be addressed on 5 November 2020 by four Venezuelan oil sector officials in...
(AP, 3.Nov.2020) — The prosecution of Venezuela’s Oil Minister Tareck El Aissami for violating U.S. sanctions has run into another snag after a federal judge allowed one of his co-defendants...
(Touchstone, 2.Nov.2020) — Touchstone Exploration Inc. proposed placing in the UK and Canada of up to $30mn (approximately £23.2mn and C$40mn) through the issue of common shares of no par...
(Reuters, 2.Nov.2020) — The chief executives of Ecuador’s two state-owned oil companies resigned over the weekend ahead of a planned merger of the two firms, the country’s energy ministry said...
(Reuters, 2.Nov.2020) — Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s long-term clients paused trade to meet...
(Energy Analytics Institute, 31.Oct.2020) — Yacimientos Petrolíferos Fiscales Bolivianos (YFB) announced plans to boost fuel volumes to supply the general population over the weekend and through the “Todos Santos” holiday,...
(Guyana Natural Resources Ministry, 31.Oct.2020) — A high-level team from the Private Office of His Highness Sheikh Ahmed Dalmook Al Maktoum, member of the ruling family of Dubai paid a...
(Exxon, 30.Oct.2020) — As part of an extensive global review announced earlier this year, the company plans to reduce staffing levels in the United States, primarily at its management offices...
(Argus, 30.Oct.2020) — The region's recovery from Covid-19 will depend heavily on who is dictating US policy, writes Patricia Garip. Waves of political chaos that recurrently engulf Latin America were...
(Petrobras, 30.Oct.2020) — Petrobras, following up onthe press release disclosed on 17 September 2020,informs the beginning of the binding phase regarding the sale of all its shares in the wholly-owned...
(Seeking Alpha, 30.Oct.2020) — Details of Total’s third quarter earnings conference call on 30 October 2020 can be found here. Company Participants Jean-Pierre Sbraire - Chief Financial Officer Conference Call...
(Citgo, 30.Oct.2020) — Given the recent accusations made by representatives of the Nicolás Maduro regime, the Simón Bolívar Foundation, the private non-profit foundation of Citgo Petroleum Corporation, categorically rejects the...
(Energy Analytics Institute, 30.Oct.2020) — Colombia’s Mining and Energy Planning Unit (UPME) officially started the investor selection process for the Pacific Gas Import Infrastructure project, which will encompass LNG storage,...
(Energy Analytics Institute, 29.Oct.2020) — Venezuela’s leader Nicolás Maduro Moros says the Amuay refinery in Punto Fijo in Falcón state was attacked by terrorist groups with backing from Colombia. “What...
(Energy Analytics Institute, 29.Oct.2020) — EP PetroEcuador conducted 14 crude oil spot sales between 2017 and 2020, daily newspaper El Universo reported 29 October 2020. Details from Ecuador’s Energy Ministry...
(Energy Analytics Institute, 29.Oct.2020) — Ecuador eyes suspending spot sales of crude oil during 2021 and 2022 with the aim of resuming them in 2023, daily newspaper El Universo reported...
(Energy Analytics Institute, 29.Oct.2020) — Hess Corporation CEO John Hess announced estimated resources offshore Guyana in the Stabroek Block were approximately 9 billion barrels of oil equivalent, and potentially requiring...
(Seeking Alpha, 28.Oct.2020) — Hess Corporation announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. Company Participants Jay Wilson -...
(Vuzix, 29.Oct.2020) — Vuzix® Corporation, a supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that Valmet, a leading global developer and supplier of technologies, automation and...
(ConocoPhillips, 29.Oct.2020) — ConocoPhillips reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Excluding special...
(Argus, 29.Oct.2020) — Guyana is negotiating a gas price with ExxonMobil for a gas-to-power project to be commissioned at the end of 2023, government officials said this week. The US...
(Citgo, 29.Oct.2020) — The Board of Directors of Citgo Petroleum Corporation appointed John Zuklic as Vice President Finance and Chief Financial Officer (CFO), reporting to Citgo President and CEO Carlos...
(Total, 28.Oct.2020) — Total made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South...
(Total, 28.Oct.2020) — Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with liquefied natural gas (LNG) propulsion. These vessels,...
(Exxon, 28.Oct.2020) — The Board of Directors of Exxon Mobil Corporation declared a cash dividend of $0.87 per share on the Common Stock, payable on 10 December 2020 to shareholders...
(Petrobras, 28.Oct.2020) — Petrobras informs that its Board of Directors, in a meeting held yesterday, approved the revision of the Shareholders Compensation Policy in order to enable the Management to...
(Sungrow, 28.Oct.2020) — Sungrow, the global leading inverter solution supplier for renewables, announced that the Company hit 1 GW PV inverter cumulative shipment to Chile and took first place in...
(Hess, 28.Oct.2020) — Hess Corporation reported a net loss of $243 million, or $0.80 per common share, in the third quarter of 2020, compared with a net loss of $212...
(Africa Oil Corp., 28.Oct.2020) — Africa Oil Corp. announced a significant gas condensate discovery on the Luiperd prospect located on Block 11B/12B offshore South Africa. This discovery follows the adjacent...
(Reuters, 28.Oct.2020) — Venezuelan President Nicolas Maduro on Wednesday said the country’s Amuay oil refinery was victim of a terrorist attack on Tuesday that involved a “powerful weapon”, but said...
(Seeking Alpha, 28.Oct.2020) — Colombia’s Ecopetrol announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. Company Participants Felipe Bayón -...
(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the third quarter and the first nine months of 2020. Financial results were prepared in accordance with the...
(Energy Analytics Institute, 28.Oct.2020) — EP PetroEcuador finalized scheduled maintenance at the Shushufindi Gas Plant located in the Sucumbíos province. Work activities took place over 14 days and included an...
(Total, 27.Oct.2020) — Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20% of...
(Energy Analytics Institute, 27.Oct.2020) — Refinery briefs from Venezuela on another explosion at Petróleos de Venezuela’s Amuay refinery and the restart of gasoline production at its Cardon refinery. Both refineries...