HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 29.Apr.2026, Words: 430) — Chevron Corporation’s decision to swap out of Venezuelan gas assets and consolidate around oil and heavy oil joint ventures (JVs) with state-owned PDVSA is a strategic bet on near- to medium-term cash flow over long-dated, high-risk gas monetization.
FROM THE EAI ARCHIVES: RELATED POSTS
Hunt Oil commences cash tender offers for 2028 and 2033 notes
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Mar.2025) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) announced commencement of cash tender offers for any and all of its outstanding 6.375% Trust Enhanced Senior Notes due 2028 (CUSIP Nos.: Rule 144A: 445640 AB1, Regulation S: P5300P AB9), (ISINs: Rule […]
Venezuela Reshifts Oil Output
(Reuters, Marianna Parraga and Luc Cohen, 28.Jun.2019) — Venezuelan state oil firm PDVSA is revamping one of its major processing operations geared to supplying U.S. buyers to produce instead a crude grade favored by Asian refiners, according to internal documents seen by Reuters. Sweeping U.S. sanctions on the government of […]
McDermott Awarded Contract By BHP
(McDermott, 30.Mar.2020) — McDermott International, Inc. has been awarded a sizeable* contract by BHP Billiton Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design (pre-FEED) services for a floating production unit (FPU) that will be installed in a water depth of approximately 8,200 feet […]