(Reuters, 8.Jan.2019) — Curacao’s 335,000-barrel-per-day (bpd) Isla refinery has resumed work, management of the government-owned facility said on Tuesday, after eight months of paralysis caused by a dispute between its...
(Oilprice.com, Irina Slav, 7.Jan.2019) — Mexican drivers in several states are struggling to fill their tanks as the new government fights massive fuel theft by seeking to move more gasoline...
(Petrobras, 7.Jan.2019) — Petrobras, in addition to the press release disclosed on January 4, 2019, informs that its CEO Roberto da Cunha Castello Branco, finalizing the changes proposed in his...
(AFP, 7.Jan.2019) — French oil company Maurel & Prom will invest $400 million in an oil field in Venezuela, whose production is in free fall, President Nicolas Maduro said on...
(Energy Analytics Institute, Piero Stewart, 7.Jan.2019) — Venezuela’s Oil Minister and PDVSA President Manuel Quevedo announced that the state oil company had signed an investment agreement with the French company...
(Petrobras, 7.Jan.2019) — Petrobras announced the final results of its previously announced debt tender offers. As of 11:59 p.m., New York City time, on January 4, 2019 (the “Expiration Date”)...
(Petrobras, 7.Jan.2019) — Petrobras reports the actions taken as a result of the oil leak that occurred on January 2 in one of the tanks of the FPSO Cidade de...
(Reuters, 7.Jan.2019) — Brazil's Economy Ministry denied that the government would pay $14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off...
(Reuters, Luc Cohen and Brian Ellsworth, 7.Jan.2019) — Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent...
(ExxonMobil, 7.Jan.2019) — ExxonMobil has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which...
(Canadian Solar, 7.Jan.2019) — Canadian Solar Inc. completed the sale of its 18 MWp portfolio of PMGD solar power projects in Chile to Sonnedix. The transaction was closed in December...
(Reuters, 7.Jan.2019) — Mexican President Andres Manuel Lopez Obrador said on Monday that his crackdown against fuel theft was yielding positive results, even as the intervention sparked severe fuel shortages...
(Energy Analytics Institute, Jared Yamin, 6.Jan.2019) — By mandate of the Mexican Government, Pemex is advancing in the reestablishment of the supply of fuel in affected states, the state oil...
(T&T Energy Chamber CEO Thackwray ‘Dax’ Driver, 6.Jan.2019) — Trinidad & Tobago’s energy sector is predicted to make a modest recovery in 2019, on the back of increased natural gas...
(Jamaica Observer, Bruce Golding, 6.Jan.2019) — From a distance, Guyana has seemed poised for an era of unprecedented development and prosperity. Since 2015 it has confirmed 10 offshore oil wells...
(Pemex, 6.Jan.2019) — By mandate of the Mexican Government, Pemex has made significant progress in restoring fuel distribution, using various alternative supply lines in the affected states. Although there have...
(Energy Analytics Institute, Jared Yamin, 5.Jan.2019) — In Guanajuato, the capital city of Guanajuato state, an estimated nine-out of a total of 14-gas stations reportedly don’t have fuel to supply...
(The Hindu, 5.Jan.2019) — ONGC Videsh Ltd., the overseas arm of State-owned Oil and Natural Gas Corp. (ONGC), on Saturday said it has made a second oil discovery in Colombia...
(Reuters, 5.Jan.2019) — India’s ONGC Videsh, the overseas investment arm of the country’s biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a...
(Pemex, 5.Jan.2019) — Petróleos Mexicanos reports that safer transportation methods are being used as part of the Joint Plan of the Mexican Government to combat fuel theft, which has caused...
(Reuters, 5.Jan.2019) — Colombian state oil company Ecopetrol has halted the Cano Limon-Covenas pipeline after it was damaged in a bomb attack, spilling crude into two streams in Norte de...
(Foreign Policy, Lisa Viscidi and Nate Graham, 4.Jan.2019) — This coming November, delegates from nearly every country had been scheduled to gather in Brazil to discuss climate change at the...
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 4.Jan.2019) — Heard on the street and LatAmNRG briefs on Bolivia seeking natural gas deal with Peru, YPFB and Camacari inking deal...
(Energy Analytics Institute, Ian Silverman, 4.Jan.2019) — Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) aims to boost production and commercialization of urea in Northeast Argentina, Brazil, Paraguay, Uruguay and Peru in 2019,...
(Petrobras. 4.Jan.2019) — Petrobras, in addition to the Material Fact published on December 21, 2018, informs that its CEO Roberto da Cunha Castello Branco, within the scope of the nomination...
(Reuters, Gram Slattery, 3.Jan.2019) — Brazil’s PetroRio SA and Australia’s Karoon Energy Ltd are among the bidders for a mature shallow water oilfield owned by Petroleo Brasileiro SA, according to...
(Reuters, Marta Nogueira and Rodrigo Viga Gaier, 3.Jan.2019) — Brazilian officials on Thursday predicted a quick resolution to a dispute with Petroleo Brasileiro SA over offshore oil blocks and doubled...
(Reuters, Neil Marks, 3.Jan.2019) — Guyana’s government will challenge in court a parliamentary no-confidence vote that toppled President David Granger’s ruling coalition amid a dispute over developing the country’s nascent...
(Energy Analytics Institute, Jared Yamin, 3.Jan.2019) — The Mexican Association of Gasoline Businessmen (Amegas by its Spanish acronym) confirmed the shortage of gasoline in various regions of Mexico, which could...
(Energy Analytics Institute, Aaron Simonsky, 3.Jan.2019) — Echo Energy starts seismic mobilization and topography survey in the eastern area of Tapi Aike, the company announced in presentation on its website....
(Reuters, Gram Slattery, 3.Jan.2019) — Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA, will either save the indebted oil major -...
(Kallanish Energy, 3.Jan.2019) — Bolivian left-wing autocrat President Evo Morales congratulated and welcomed Brazil’s far-right populist President, Jair Bolsonaro, while attending the latter’s swearing-in ceremony in Brazil Tuesday. Despite their...
(Bloomberg, Noah Smith, 3.Jan.2018) — It’s hard to overstate how disastrous the reign of Hugo Chavez and his successor Nicolas Maduro has been for Venezuela. A recent series of Bloomberg...
(Energy Analytics Institute, Ian Silverman, 2.Jan.2019) — PetroPerú announced that as a consequence of a slight pressure drop at Station 5, and futher inspection, a minor oil leak was detected...
(Energy Analytics Institute, Pierto Stewart, 2.Jan.2019) — Ecuador adjusted downward amounts estimated for subsidies contemplated in the country’s pro forma budget for 2019, approved in Nov. 2018 by the Assembly,...
(Melbana, 2.Jan.2019) — Melbana Energy Limited announced on 31 December 2018 it signed a binding definitive farmout agreement with Anhui Modestinner Energy Co., Ltd. (AMEC), a wholly owned and guaranteed...
(Bloomberg, Lucia Kassai, 2.Jan.2019) — Venezuela, once Latin America’s largest oil exporter, ended 2018 with a whimper as overseas sales dropped to the lowest in nearly three decades. Home to...
(Rowan, 2.Jan.2019) — Rowan Companies plc said the Rowan Gorilla VI (a Super Gorilla class jack-up) has been extended by Shell in Trinidad. The rig will continue its current drilling...
(Petrobras, 2.Jan.2019) — Petrobras reports that yesterday, the Chairman of the Board of Directors, Mr. Luiz Nelson Guedes de Carvalho, and Board member, Mr. Francisco Petros Oliveira Lima Papathanasiadis, presented...
(Power Technology, 2.Jan.2019) — German-based financial services company Kreditanstalt für Wiederaufbau (KfW) IPEX-Bank has agreed to provide financing for four power grid projects in Chile. Under the agreement, KfW IPEX-Bank...
(Eco Atlantic, 1.Jan.2019) — The 1800km2 Orinduik Block is situated in shallow water (70 – 1,400m), 170 km offshore Guyana in the Suriname Guyana basin, and is located 11km up-dip...
(Wolf Street, Don Quijones, 1.Jan.2019) — “We’re not just talking about the theft of oil, but about a plan involving government insiders and a complex distribution system. It’s not easy...
(Energy Analytics Institute, Ian Silverman, 1.Jan.2019) — Heard on the street and LatAmNRG briefs on fluctuating prices for super gasoline in Ecuador; and Ecuador’s government favoring $50.05 per barrel oil...
(AFP, 31.Dec.2018) — Costa Rica likes to advertise itself as an ecological paradise, where more than 98 percent of its electricity needs are met by clean energy. But in the...
(Cosan Limited, 31.Dec.2018) — Cosan Limited announced preliminary results of its tender offer to purchase up to U.S.$100,000,000 of its Class A common shares, or the shares, at (i) prices...
(Energy Analytics Institute, Piero Stewart and Ian Silverman, 31.Dec.2018) — Heard on the street and LatAmNRG briefs on Colombia’s first long-term power auction; the reach of Bolivia’s natural gas reserves;...
(Energy Analytics Institute, Aaron Simonsky, Piero Stewart, and Jared Yamin, 31.Dec.2018) — Heard on the street and LatAmNRG briefs on complaints from oil executives in Argentina over constant changes at...
(Forbes, Jude Clemente, 30.Dec.2018) — Mexico’s new President Andrés Manuel López Obrador(AMLO) took office on December 1 and will serve one six-year term. It was the largest landslide in Mexico’s...
(AP, 30.Dec.2018) — The theft of US$3 billion in fuel every year from Mexico’s state-run fuel depots and pipelines is an inside job, the country’s new president said Thursday. President...
(Reuters, 29.Dec.2018) — Argentina’s energy secretary resigned on Friday, the government said in a statement, less than 24 hours after news leaked that the administration of President Mauricio Macri plans...
(Energy Analytics Institute, Aaron Simonsky, 28.Dec.2018) — Argentina’s Ministry of Finance announced appointment of Gustavo Lopetegui as the country’s new Energy Secretary. Lopetegui replaces Javier Iguacel, who resigned, Argentina’s Energy...
(S&P Global Platts, 28.Dec.2018) — Argentina has set a target of doubling its oil and natural gas production over the next five years but analysts and executives warned that it...
(Energy Analytics Institute, Jared Yamin, 31.Dec.2018) — Petróleos Mexicanos conducted maintenance at the Poza Rica Gas Processing Complex (CPG) from Dec. 29 to 31, the company announced in an official...
(Reuters, Eliana Raszewski, 27.Dec.2018) — Argentina plans to raise electricity prices by an average 35 percent nationwide next year, government sources directly familiar with the matter said on Thursday. Higher...
(Scania, 28.Dec.2018) — In November, TransMilenio in Bogotá, selected Scania to deliver 481 Scania Euro 6 gas buses – the cleanest and most silent buses on the market. In the...
(Shell, 27.Dec.2018) — Oil & Gas Development Ltd S.A. (Shell Argentina) announced the decision to move into the development phase of the Sierras Blancas, Cruz de Lorena and Coiron Amargo...
(Ecopetrol, 27.Dec.2018) — Ecopetrol S.A. redeemed in advance the entire ten-year international bond issued in 2009, as it was announced in a press release on November 27, 2018. Consistent with...
(Energy Analytics Institute, Ian Silverman, 27.Dec.2018) — Amerisur Resources Plc announced Stephen Foss will step down from the Board in order to pursue other executive business interests at an established...
(Energy Analytics Institute, Piero Stewart, 27.Dec.2018) — Petroecuador completed its fourth spot market sale of crude oil in 2018, with the export of 1,080,000 barrels of Oriente crude of 24-degree...
(Oilprice.com, Nick Cunningham, 27.Dec.2018) — Last Friday, the Guyanese government fell after a no-confidence vote, a move that likely was viewed as an opportune moment of weakness in Caracas. A...
(EXMAR, 27.Dec.2018) — EXMAR announced its Floating LNG Liquefaction Unit (FLNG), to be renamed Tango FLNG, has left China to the destination of its liquefaction operations: Bahia Blanca, Argentina. Tango...
(S&P Global Platts, 27.Dec.2018) — Shell plans to start a full-scale development project in Vaca Muerta next year, betting on the shale play to ramp up oil and natural gas...
(SeekingAlpha, Carl Surran, 27.Dec.2018) — Royal Dutch Shell says it plans to begin development of unconventional oilfields in Argentina's Vaca Muerta basin, one of the world's biggest shale plays, aiming...
(Petrobras, 27.Dec.2018) — Petrobras, in addition to the material facts disclosed on 10/14/2016 and 06/30/17, informs that its Executive Board approved, yesterday, a complementary protection mechanism, aiming to give additional...
(Petrobras, 27.Dec.2018) — Petrobras announced that in November its total production of oil and gas, including natural gas liquids (NGL), was 2.62 million barrels of oil equivalent per day (boed),...
(ARPEL, 27.Dec.2018) — During October and November, various training courses on ARPEL Oil Spill Response Planning and Readiness Assessment Manual and the tool RETOS® (Readiness Evaluation/Excel Tool for Oil Spills)...
(Reuters, Alexandra Ulmer and Marianna Parraga, 26.Dec.2018) — Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in...
(Bladex, 26.Dec.2018) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announced the recent closing of a $75 million, senior unsecured, amortizing 3-year term loan facility in favor of YPF Energía...
(Petrobras, 26.Dec.2018) — Petrobras, further to the Material Fact published on December 18, 2018, hereby informs that it submitted to the CVM, on this date, the request for registration of...
(ExxonMobil, 26.Dec.2018) — ExxonMobil said today that drilling and development operations offshore Guyana are unaffected by an incident involving seismic acquisition vessels on Saturday. Two vessels operated by Petroleum Geo-Services...
(Energy Analytics Institute, Aaron Simonsky, Ian Silverman, and Piero Stewart, 26.Dec.2018) — Heard on the street and LatAmNRG briefs on Shell Argentina’s Vaca Muerta plans; YPFB to double purchases of...
(Energy Analytics Institute, Piero Stewart, 26.Dec.2018) — Shares of Goldman Sachs shares have fallen 30% due to the investment firm’s decision to finance the Venezuelan government, reported online media El...
(Reuters, 25.Dec.2018) — Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil...
(MPC, 25.Dec.2018) — MPC Caribbean Clean Energy Ltd has raised US$11 million from its initial public offering (IPO) on the Jamaica and Trinidad & Tobago stock exchanges. The offering opened...
(Energy Analytics Institute, Piero Stewart, 24.Dec.2018) — Rowan Companies plc, a global provider of contract drilling services with a fleet of 25 mobile offshore drilling units, composed of 21 self-elevating...