(Energy Analytics Institute, 25.Sep.2020) — YPF, the largest company in Argentina, will increase its fuel prices between now and year end. Two or three price increments are planned, at the...
(Petrobras, 25.Sep.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in the Albacora and Albacora Leste concessions, located in the deep...
(Platts, 24.Sep.2020) — Africa's gasoline demand is expected to support the gasoline markets of Asia and Europe as refinery outages in the African continent, together with a strong recovery in...
(Energy Analytics Institute, 24.Sep.2020) — The EPA issues environmental permit for the Payara project offshore Guyana. __________ By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.
(US Department of Treasury, 24.Sep.2020) — The state department updates on Iran-related and Venezuela-related designations in today’s press release. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added...
(Energy Analytics Institute, 24.Sep.2020) — Colombia oil and gas briefs on Ecopetrol’s capital expenditures for 2020 and the company’s plans to report financial results for the third quarter of 2020....
(Argus, 23.Sep.2020) — Ecuador will receive bids to operate its 110,000 b/d Esmeraldas refinery on 22 December, a process that marks the end of state-owned PetroEcuador's downstream monopoly in the...
(JinkoSolar, 23.Sept.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the second quarter...
(Petrobras, 23.Sep.2020) — Petrobras found the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin. Well 1-BRSA-1376D-RJS (Naru) is located approximately...
(Energy Analytics Institute, 23.Sep.2020) — Colombia’s state oil company Ecopetrol announced launch of ‘Ronda Campos 2020’ with nine fields with aim to contribute to reactivation of the South American country’s...
(Energy Analytics Institute, 23.Sep.2020) — Crude oil production in Venezuela, home to arguably the world’s largest oil reserves, has fallen to around 345,000 barrels per day (b/d), according to comments...
(Energy Analytics Institute, 22.Sep.2020) — The US Department of Treasury released details regarding Venezuela-related designations as well as providing a designation update. Treasury also provided an Iran-related designation update. The...
(Angamos, 22.Sep.2020) — Empresa Eléctrica Angamos SpA announced early tender results of its offer to purchase for cash any and all of its outstanding 4.875% senior secured notes due 2029...
Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”
(Petrobras, 22.Sep.2020) — Petrobras, in relation to the news published in the media, reiterates that it has not yet been defined the moment to launch the secondary public offer (follow...
(Shell, 22.Sep.2020) — Shell International Petroleum Company Limited and Microsoft Corporation, building on a history of three decades of working together, are embarking on a new strategic alliance to support...
(Bloomberg, 22.Sep.2020) — A former manager at Vitol Group, the world’s largest independent oil-trading firm, was indicted for allegedly bribing Ecuadorian government officials to get business for his firm with...
(Petrobras, 21.Sep.2020) — Petrobras, in relation to the news published in the media, referring to the divestment of the Presidente Getúlio Vargas Refinery (Repar), clarifies that the binding stage of...
(Execelerate Energy, 21.Sep.2020) — On 16 September 2020, Excelerate Energy successfully reached a send-out capacity of 1.06 billion cubic feet (Bcf) of natural gas on its floating storage and regasification...
(Oilprice.com, 19.Sep.2020) — Much ink has been spilled about the downfall and dubious recovery of the United States shale oil sector. The West Texas Intermediate (WTI) crude benchmark’s dramatic rock...
(Petrobras, 18.Sep.2020) — Petrobras launched two programs aimed at preparing its refining and natural gas activities for an open, competitive market and to transition into a low carbon economy. Biorefino...
(Enel X, 18.Sep.2020) — Enel X, the Enel Group's advanced energy services business line, announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through...
(Reuters, 18.Sep.2020) — China’s embassy to Suriname on Friday accused U.S. Secretary of State Mike Pompeo of “smearing” Beijing, after Washington’s top diplomat critiqued Chinese companies’ business practices during the...
(Chinese Embassy in Guyana, 18.Sep.2020) — The US Secretary of State Michael R. Pompeo made again some erroneous remarks on China during his visit to Guyana, to which we strongly...
(Argus, 18.Sep.2020) — Trinidad and Tobago is concluding arrangements with Venezuela to allow its inspectors to access a damaged oil storage vessel in the Gulf of Paria, the Caribbean state's...
(Reuters, 17.Sep.2020) — Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, Chief Executive Roberto Castello Branco...
(Petrobras, 17.Sep.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of all its shares in the company Araucária Nitrogenados S.A. (ANSA), in the state of...
(Reuters, 17.Sep.2020) — Decio Oddone, the former head of Brazil's national oil regulator, will replace Lincoln Guardado as chief executive officer of oil producer Enauta Participações SA, the company said...
(Petrobras, 17.Sep.2020) — Petrobras successfully concluded the operation test with an flowrate of 30 MMm3/day (millions of cubic meters per day) of natural gas, held at the Guanabara Bay (TR-BGUA)...
(Equior, 17.Sep.2020) — On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes. Under the...
(JinkoSolar, 17.Sep.2020) — JinkoSolar Holding Co., Ltd. announced its intention to co-operate with ENEOS Corporation, Japan's largest oil refiner, on the provision of solar modules for a Virtual Power Plant...
(Energy Analytics Institute, 17.Sep.2020) — Personnel from EP PetroEcuador participated in a fire drill conducted in the port of Jaramijó in Manabí. Source: EP PetroEcuador Source: EP PetroEcuador Source: EP...
(Reuters, 17.Sep.2020) — Brazil's Petrobras PETR4.SA has successfully concluded tests that will allow for a 50% capacity expansion at its Rio de Janeiro liquefied natural gas (LNG) import terminal to...
(DPI, 17.Sep.2020) — The arrival of United States (US) Secretary of State, Mr. Michael Pompeo on these shores today marks an historic development in the relationship between Guyana and the...
(DPI, 17.Sep.2020) — The United States Secretary of State Mr. Michael Pompeo is set to arrive this evening and will be the highest-ranking sitting government official to visit Guyana since...
(Petrobras, 16.Sep.2020) — Petrobras announced the expiration and expiration date results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) of...
(US Department of State, 16.Sep.2020) — Special teleconference briefing with special representative for Iran and Venezuela Elliott Abrams on developments in Iran and Venezuela. MS ORTAGUS: Thank you so much...
(US Embassy Guyana, 16.Sep.2020) — Secretary Pompeo will travel to Georgetown, Guyana, 17-18 September 2020. He will meet with newly elected President Irfaan Ali and his cabinet, as well as...
(US State Department, 15.Sep.2020) — Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020. This trip will highlight the United States’...
(Argus, 15.Sep.2020) — Mexico's ruling Morena party presented a constitutional reform proposal that would roll back the historic 2014 energy reform and seek to rescind all contracts awarded to date....
(Energy Analytics Institute, 15.Sep.2020) — Ratio Guyana, an affiliate of Tel Aviv-based Ratio Petroleum, announced the arrival of the Stena Carron drillship to the Tanager prospect and the start of...
(Reuters, 15.Sep.2020) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region,...
(Reuters, 15.Sep.2020) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region,...
(Promigas, 14.Sep.2020) — The 2020 Natural Gas Sector Report presented by Promigas provides a concrete overview of Colombia in terms of reserves, investments, energy security, networks and transportation, as well...
(Sputnik, 14.Sep.2020) — In the last two years, Venezuela has thwarted a coup attempt organised by opposition leader Juan Guaido, one attempt to kidnap President Nicolas Maduro, and energy outages...
(Petrobras, 14.Sep.2020) — Petrobras announces the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the change in the name of the Lula field to Tupi field. The approval...
(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as global oil prices recover, Chief...
(Apache, 14.Sep.2020) — Apache Corporation and Total S.A. provided an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. As previously announced, Kwaskwasi-1 discovered hydrocarbons in multiple...
(Ecopetrol, 14.Sep.2020) — Ecopetrol S.A. will prepay its short-term obligations with local and international banks entered into in March and April 2020, in the form of trade finance instruments and...
(Petrobras, 14.Sep.2020) — Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The revision aims to maximize the...
(DPI, 14.Sep.2020) — His Excellency Dr. Mohamed Irfaan Ali has described United States (US) Secretary of State, Mr. Michael Pompeo’s imminent visit to Guyana as “extremely important” and timely as...
(Bloomberg, 13.Sep.2020) — An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid U.S. sanction tripwires. The ship, identified as Honey, turned off its satellite...
(Bloomberg, 11.Sep.2020) — Venezuela’s capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the Nicolas Maduro regime is willing...
(Petrobras, 11.Sep.2020) — Petrobras, following up on the press release disclosed on 07/06/2020, informs the beginning of the binding phase regarding the sale of its stakes in five power generation...
(Petrobras, 11.Sep.2020) — Petrobras, following up on the release dated 10 June 2020, announced the beginning of the binding phase regarding the sale of a part of its interest in...
(Energy Analytics Institute, 11.Sep.2020) — Authorities from Ecuador's Ministry of Energy and Non-Renewable Natural Resources (MENRNR) and the autonomous decentralized government of Arajuno announced development of electrical infrastructure in the...
(Petrobras, 11.Sep.2020) — Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the Federal Police are investigating possible...
(Energy Analytics Institute, 11.Sep.2020) — Pemex head Octavio Romero Oropeza visits workers on the Ayatsil-C y Akal-B platforms in Sonda de Campeche. See these stories and others when they are...
(Energy Analytics Institute, 11.Sep.2020) — Venezuela captured an alleged American spy near its Amuay refinery located in Falcón state. “We have captured an American in Falcón, spying on the Amuay...
(Fitch, 10.Sep.2020) — Fitch Ratings has affirmed Peru LNG S.R.L's (PLNG) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BB-'. The Rating Watch Negative has been removed, and...
(Equinor, 10.Sep.2020) — Equinor entered into an agreement with BP to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a...
(Maersk, 10.Sep.2020) — APM Terminals Mobile, the Alabama State Port Authority, Maersk Special Project Logistics and Team Rubicon worked together this past week to collect over 36,000 pounds of bottled...
(Pelican Energy, 10.Sep.2020) — Pelican Energy Partners LP announced an agreement to purchase the assets of the Surface Pressure Control Flow ("SPC Flow") business unit of the Oilfield Equipment segment...
(Petrobras, 9.Sep.2020) — Petrobras has again become a signatory to the anti-corruption initiative Partnering Against Corruption Initiative (PACI) of the World Economic Forum. PACI is the leading international anti-corruption organization...
(Reuters, 9.Sep.2020) — A tanker containing a cargo of Iranian gasoline confiscated by the United States arrived on Wednesday at a Texas port where it was preparing to discharge, according...
(Petrobras, 9.Sep.2020) — Petrobras announced that, for the third month in a row, it has broken the production record of S-10 Diesel, low-sulfur diesel. In August, the company's refineries processed...
(Equinor, 9.Sep.2020) — Equinor, Jera and J-Power partner up and enter a joint bid agreement prior to Japan’s upcoming Round 1 offshore wind auction. The three companies will jointly evaluate...
(Talos 9.Sep.2020) — Talos Energy Inc. issued a statement clarifying the company's business will not be impacted by the recently announced Presidential Order extending the current moratorium on oil and...
(Kosmos, 9.Sep.2020) — Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a...
(Energy Analytics Institute, 9.Sep.2020) — Hess Corporation CEO John B. Hess is optimistic the Guyanese government of new President Mohamed Irfaan Ali will give approval in coming weeks for the...
(Wbur, 9.Sep.2020) — The economic hardship in Venezuela has been a huge burden for neighboring Colombia. Finally, a silver lining: the collapse of Venezuela's oil industry has stopped gas smuggling...
(Argus, 9.Sep.2020) — The chairman of the Venezuelan opposition's "ad hoc" board of national oil company PdV has joined a flight of exiled technocrats from the ranks of a struggling...
(Argus, 9.Sep.2020) — Mexico's government slashed its crude oil output forecast for the next four years, with next year's target down by 11pc from the original goal. Mexico's state-owned Pemex...
(bpTT, 9.Sep.2020) — bp Trinidad and Tobago (bpTT) announced the successful completion of negotiations with the government of Trinidad and Tobago on extensions to its exploration & production licenses. For...
(Energy Chamber, 9.Sep.2020) — The Energy Chamber of Trinidad and Tobago announces the launch of its Local Content Management System. The launch of the system took place in a virtual...