(OTC Markets Group, 21.Jul.2021) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced AbraSilver Resource […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.
Hess Corp. Sets New Emission Reduction Targets
(Hess, 21.Jul.2021) — Hess Corporation announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on […]
US Extends Protection For Citgo
(Reuters, 20.Jul.2021) — The United States on Tuesday extended a measure protecting Venezuelan-owned U.S. refiner Citgo Petroleum Corp PDVSAC.UL from bondholders seeking a stake in […]
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US Extends Citgo Protection [PDF Download]
(Department of the Treasury, 20.Jul.2021) — The Office of Foreign Assets Control (OFAC) issued the following update to General License No. 5G related to PDVSA […]
CEOs Call For G20 To ‘Get Serious’ About Renewables
(GWEC, 19.Jul.2021) — The leading CEOs of the global wind industry have united to call on G20 members to show leadership in the climate crisis […]
Brazilian Gas Availability Up 4.5% In June
(Argus, 19.Jul.2021) — The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from […]
Petrotrin Pension Plan In Deficit
(Trinidad Express, 19.Jul.2021) — Most members of the Petrotrin Employees Pension Plan are in danger of not receiving their full pension benefits due to a […]
BP: No Gas For Train 1
(Trinidad Express, 19.Jul.2021) — Energy major BP said there is no “ongoing fight” between itself and the minority shareholder of Atlantic, Royal Dutch Shell. In […]
Big Energy Fights Over Atlantic
(Trinidad Express, 18.Jul.2021) — No definitive decision has as yet been taken to mothball Atlantic Train I, industry insiders have said. According to these insiders, […]
Trinidad’s MEEI Reflects On Atlantic LNG Train 1
(MEEI, 17.Jul.2021) — The Government has been in discussions with all of the shareholders of Atlantic LNG for months with respect to the future of […]
bp To Send Carbon Offset LNG To Energía Costa Azul
(bp, 16.Jul.2021) — bp Gas Marketing Limited (bpGM), Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), entered into a contract for the delivery […]
Atlas Renewable, Unipar Ink PPA In Brazil
(Atlas Renewable, 16.Jul.2021) — Atlas Renewable Energy, an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South […]
Frontera Reveals Expected 2Q:21 Production Results
(Frontera, 16.Jul.2021) — Frontera Energy Corporation (TSX: FEC) expects second quarter production results and updated its production guidance for 2021. Second Quarter and First Half […]
Korea National Oil Paying Fines In Peru
(Business Korea, 16.Jul.2021) — Korea National Oil Corp. (KNOC), POSCO International and SK Innovation paid a fine of billions of won to the Peruvian government in […]
Vale Gets Permission To Import LNG
(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil’s energy regulator, to import LNG for its own […]
Excelerate Energy, Snam, And Albgaz Sign MOU To Pursue New Gas Pipeline
(Excelerate, 15.Jul.2021) — Excelerate Energy L.P., Snam S.p.A, and Albgaz Sh.a signed a Memorandum of Understanding (MOU), in Tirana, Albania, to explore potential cooperation for […]
ANP Authorizes To Import LNG
(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency […]
Cyprus Emerges As sanctions Workaround For Venezuela
(Lloyd’s List, 14.Jul.2021) — Until last year, Greek shipowners accounted for 80% of crude lifted from Venezuela, undeterred by US sanctions. Then, six vessel-owning companies […]
Petrobras Finalizes Sale Of Rio Ventura Cluster
(Petrobras, 14.Jul.2021) — Petrobras, following up on the release disclosed on 21 August 2020, informs that today it has concluded the sale of its total […]
Italian Court Accepts Extradition Request For Former Minister Ramirez
(Reuters, 14.Jul.2021) — An Italian court on Wednesday approved an extradition request for Venezuela’s former Oil Minister Rafael Ramirez, who is charged with corruption, Venezuelan […]
Bolsonaro Authorizes Eletrobras Privatization
(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of […]
Citgo Dismisses LPG Supply Plan For Venezuela
(Argus, 13.Jul.2021) — Citgo, the US refining arm of Venezuelan state-owned PdV, told Argus it has no immediate plan to supply LPG to Venezuela under new US […]
Minister Young Chairs 55th Council Of Experts
(MEEI, 13.Jul.2021) — Trinidad and Tobago assumed the Presidency of the Latin American Energy Organisation (OLADE) for the period 2021-2022 at the meeting of Ministers […]
Minister Young Visits Ortoire Block
(MEEI, 13.Jul.2021) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young, M.P. […]
Guyana Re-launches Search For Co. To Market Govt’s Oil
(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s […]
Washington Allows LPG Exports To Venezuela
(S&P Global Platts, 12.Jul.2021) — The US Department of Treasury granted a sanctions waiver July 12 allowing US companies to export or re-export LPG supplies […]
Petrobras To Divest Papa-Terra Field
(Petrobras, 12.Jul.2021) — Petrobras, following up on the releases disclosed on 17 April 2020 and 24 November 2020, informs that it has signed with the […]
Petrobras Inks Itapu Coparticipation Deal
(Petrobras, 12.Jul.2021) — Petrobras signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract […]
Cox Energy Begins Capital Increase Process
(Cox Energy, 12.Jul.2021) — Cox Energy América, S.A.B. de C.V. (BIVA: COXA*), a renewable solar energy (photovoltaic) generating company, informs that it begun the preferred […]
Bristow Reveals Contract Extensions In Norway
(Bristow Group, 12.Jul.2021) — Bristow Group Inc. (NYSE: VTOL) announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support […]
Canadian Solar To Enter Energy Storage Project In Colombia
(Canadian Solar, 12.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 […]
Frontera Updates On Guyana Exploration
(Frontera Energy, 12.Jul.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum […]
US OKs LPG Exports To Venezuela
(Energy Analytics Institute, 12.Jul.2021) — The US Office of Foreign Assets Control (OFAC) issued general license no. 40 which allows “all transactions and activities related […]
Ecopetrol Reports Uptick In Oil Output
(Ecopetrol, 12.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol; NYSE EC) informs about the recovery of its operations in the upstream, midstream, downstream and sales and marketing […]
Sonangol, Petrobras Reveal Teaser For Potiguar Basin Stakes
(Petrobras, 9.Jul.2021) — Petrobras started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda., of the total stakes of both […]
LatAm briefs: ENRE fines, “Zama drama” in Mexico
BATON ROUGE, LOUISIANA (By Steven Stewart, Energy Analytics Institute, 9.Jul.2021, Words: 421) — Energy briefs from the Latin America and Caribbean region including: oil prices […]
CGX Spuds Long-awaited Guyana Oil Well
(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana’s offshore play, spudded its first well in the South American country, […]
Venezuela Resorts To Upgraded Oil For Refineries
(Reuters, 8.Jul.2021) — Venezuela’s state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country’s much-needed output […]
Eni Looks To Produce Hydrogen In Egypt
(Eni, 8.Jul.2021) — Eni signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the […]
Guyana-US Relations Strong, Valuable
(DPI, 8.Jul.2021) — His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to […]
Ecopetrol Downgraded By Fitch
(Energy Analytics Institute, 7.Jul.2021) — Fitch Ratings downgraded Ecopetrol S.A.’s downgraded the state oil company’s foreign currency and local currency Issuer Default Ratings to BB+ […]
Eni Find Oil In Ghana’s Block 4
(Eni, 6.Jul.2021) — Eni announces a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban – 1X well […]
Encora Acquires Daitan
(Encora, 6.Jul.2021) — Encora, a global next-gen product engineering provider, announced the acquisition of Daitan, a leading provider of software engineering services. The acquisition adds […]
New Fortress Secures LNG Supply
(New Fortress, 6.Jul.2021) — New Fortress Energy Inc. (NASDAQ: NFE) reached an agreement for liquefied natural gas (LNG) supply that will cover the remaining volumes […]
Patterson-UTI Energy To Buy Pioneer Energy Services
(Patterson-UTI Energy, 6.Jul.2021) — Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295mn, which includes the […]
Edenor Names Bleasdale As CEO
(Edenor, 6.Jul.2021) — Empresa Distribuidora y Comercializadora norte S.A. (Edenor; BYMA/NYSE: EDN), the largest electricity distribution company in Argentina, announces that the Chairman of the […]
RPC, Inc. Reveals Date Of 2Q:21 Conf. Call
(RPC, 6.Jul.2021) — RPC, Inc. (NYSE: RES) will release its financial results for the second quarter ended 30 June 2021 on Wednesday, 28 July 2021 […]
AES To Retire More Than 1 GW Of Coal In Chile
(AES, 6.Jul.2021) — The AES Corporation (NYSE: AES) signed an agreement with the Government of Chile, represented by Chile’s President Sebastián Piñera, together with Minister […]
LatAm Briefs: Rio Negro Drilling, Ecuador Production
(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, […]
Eco Atlantic Confident In Guyana Despite Jabillo-1 Setback
(ProActive, 5.Jul.2021) — Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon […]