(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2018) -- ConocoPhillips is active in Chile in the Coiron Block in the Magallanes Basin, the company reported in a Fact Sheet updated on its...
(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2018) -- ConocoPhillips is active in Colombia in the Middle Magdalena Basin at VMM-3 and VMM-2, where it serves as operator at both blocks, the...
(Rystad, 19.Apr.2018) — Rystad Energy analysis shows that Guyana’s fiscal regime is favorable to oil companies when compared to mature oil and gas development countries but is in line when...
(Golar LNG, 19.Apr.2018) — Golar LNG Limited announce that Golar Power Limited, a joint venture with Stonepeak Infrastructure Partners, has reached financial closing on the 1.5GW Porto de Sergipe I...
(The Energy Chamber of Trinidad and Tobago, 19.Apr.2018) – The Sekondi Takoradi Chamber of Industry and Commerce and the Ghana National Petroleum Corporation (GNPC) will be part of an incoming...
(PV-Tech, Tom Kenning, 18.Apr.2018) – Colombian utility EPM has installed what it claims to be the country’s first floating solar plant, standing at 100kW at the El Peñol reservoir. The...
(Reuters, 17.Apr.2018) – Crude oil production in Colombia reached an average of 856,478 barrels per day (bpd) in March, the Mines and Energy Ministry said on Monday, up 6.5 percent...
(Energy Analytics Institute, Piero Stewart, 22.Apr.2018) – Patrick Pouyanne, the Chief Executive Officer of French major Total, announced production at one of its oil fields in Venezuela was down to...
(Energy Analytics Institute, Jared Yamin, 15.Apr.2018) ‐- During the first three months of 2018, Ecopetrol reported its highest quarterly net income in the last four years. Colombia’s state oil company...
(Santiago Times, 6.Apr.2018) – The state-run energy firms of Chile and Argentina have inaugurated a US$ 354 million project to increase production of natural gas off the southern tip of...
(Reuters, 3.Apr.2018) – Colombia's attorney general's office on Monday launched an investigation to determine whether officials from state-run oil company Ecopetrol could be held criminally responsible for a oil spill...
(Reuters, 3.Apr.2018) -- Argentine natural gas company Transportadora de Gas del Sur (TGS) will invest an initial $250 million on gas transportation infrastructure in 2018 and 2019 in the Vaca...
(Transportadora de Gas del Sur S.A., 3.Apr.2018) — Transportadora de Gas del Sur S.A. (TGS) executed an agreed minute with the Undersecretary of Energy, Mining and Hydrocarbons of the Province...
(Reuters, 2.Apr.2018) - Canada's Frontera Energy Corp named a new chief executive on Monday, and said it plans to more than double its investment in operations in Colombia and Peru...
(Energy Analytics Institute, Ian Silverman, 1.Apr.2018) – The consortium, comprised of three companies, was awarded a block in the southeastern basin of the Gulf of Mexico. “This is a formidable...
(Energy Analytics Institute, 28.Mar.2018) – PDVSA Refining Vice President Guillermo Blanco visited the operational areas of Puerto La Cruz Refinery (RPLC), located in northern Anzoátegui state, reported PDVSA in an...
(Kallanish Energy, 28.Mar.2018) – Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuela’s Cardón and Amuay refineries for PDVSA, according...
(Tsvetana Paraskova, OilPrice.com, 28.Mar.2018) – If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian...
(Energy Analytics Institute, Pietro D. Pitts, 27.Mar.2018) – Venezuela’s PDVSA owns six domestic refineries with a combined processing capacity of 1,303 thousand barrels per day (Mb/d), according to data from...
[caption id="attachment_653" align="alignnone" width="640"] Officials from Trinidad and Venezuela. Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 27.Mar.2018) – Delegations from Trinidad and Tobago and Venezuela meet in Caracas to review...
(Reuters, David Alire Garcia & Marianna Parraga, 27.Mar.2018) -- Mexico awarded just under half of the 35 shallow-water blocks it tendered on Tuesday, in an auction muddied by the promises...
(OGJ, Nick Snow, 27.Mar.2018) — With the largest shale gas resources and tight oil deposits second only to those of the US in the Western Hemisphere, Argentina is trying to...
(Reuters, 26.Mar.2018) -- Mexican state oil company Pemex said on Monday it had signed a contract with U.S. firm Lewis Energy for the exploration and extraction of a shale gas...
(Efe, 23.Mar.2018) – The world must accelerate its transition from a carbon-based to a clean energy-based economy to put the brakes on a climate catastrophe that already causes 4.8 million...
(Stabroek News, 23.Mar.2018) – “While the front-loading of contracts and the securing of large contracts might be politically popular it might prove to be economically disastrous, University of Guyana Business...
(By Lakhram Bhagirat and Leyland M. Lucas, Stabroek News, 23.Mar.2018) – In the late 1990s, Guyana signed an Oil and Gas exploration agreement with Exxon’s subsidiary, EEPGL. That agreement not...
(Platts, 22.Mar.2018) – PDVSA is planning to close three of its four large refineries in Venezuela indefinitely due to of lack of crude to process and because the state company...
(Energy Analytics Institute, Piero Stewart, 22.Mar.2018) – Jamaica’s Foreign Minister Kamina Johnson-Smith and her Venezuelan counterpart Jorge Arreaza held a high-level bilateral meeting in Caracas regarding ways to strengthen energy...
(Energy Analytics Institute, Piero Stewart, 22.Mar.2018) – Workers at PDVSA’s headquarters in Caracas, La Campiña, participated in protest today inside the company’s main building, reported the daily El Nacional, citing...
(PBS NewsHour, 20.Mar.2018) – Here's what it would take Six months after Hurricane Maria, and whole towns in Puerto Rico still remain without power. Many think solar energy can help the...
(Energy Analytics Institute, Piero Stewart, 20.Mar.2018) – A fire reported Saturday 17 March 2018 at a PDVSA controlled petroleum site located in the Lagunillas sector in Zulia state took an...
(Pampa Energía S.A., 19.Mar.2018) – Pampa Energía S.A. announced that regarding the conflict that EcuadorTLC (a subsidiary company established in the Republic of Ecuador and which Pampa holds a 100%...
(Energy Analytics Institute, Piero Stewart, 19.Mar.2018) – A new collective contract signed by PDVSA on 14 March 2018 eliminates 8 hour shifts and work lunch rooms, reported the newspaper El...
(CaribNation TV, 16.Mar.2018) – Guyana is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of some of the biggest oil...
The Caribbean Of 2040: vibrant economies where people are safe, productive, and happy, according to a video by Inter-American Development Bank (IDB).
(Rystad, 11.Mar.2018) — South American production is currently on a decreasing trend driven by large declines in Venezuela that are partially offset by supply additions in Brazil. As a result...
(Pemex, 7.Mar.2017) – The approval of the bidding process for the selection of a partner for the exploration and extraction of the Ayin and Batsil fields in the coastline of...
(Siemens, 7.Mar.2018) — Siemens recently delivered five gas turbine-driven compressor trains to Fermaca Enterprises (Fermaca) for two pipeline stations in Mexico. The pipeline projects, which also include a long-term service...
(Bloomberg, Ezra Fieser, 5.Mar.2018) – The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to natural gas and...
(CGX, 2.Mar.2018) – CGX Energy Inc. announced appointment of Drilling Engineer Michael (Mike) P. Stockinger as Project Operations Manager, who will be in charge of designing the company’s next offshore...
(Exxon Mobil, 28.Feb.2018) – Exxon Mobil Corporation announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. ExxonMobil encountered approximately 65 feet (20 meters) of high-quality,...
(Energy Analytics Institute, Ian Silverman, 28.Feb.2018) – The Liza discovery was the largest oil discovery in 2015 and has significantly de-risked the Cretaceous Tertiary play, proving the existence of a...
(Barbados Today, Luova Labs, 20.Feb.2018) – Government’s spokesman on energy Senator Darcy Boyce has said that independent producers of renewable energy would likely be able to supply more energy to...
(Mac Margolis, 16.Feb.2018) – Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income of $4,300, half the regional...
(MHPS, 14.Feb.2018) — Mitsubishi Hitachi Power Systems (MHPS) celebrated its first win in Brazil for the technical selection of its M501 JAC Gas Turbine for the Vale Azul II Project....
(Petroleum Economist, Aldo Flores-Quiroga, 8.Feb.2018) — Mexico's oil and gas industry will be completely open to private investment by end-2018. For the first time in almost eight decades, domestic and...
(ARPEL, February 6, 2018) — Tecpetrol, an oil company of the Techint Group and member of ARPEL, opened a gas treatment plant located in the vicinity of Añelo, Neuquén, with...
(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen to turn it into a...
(Total, 5.Feb.2018) — Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an...
(Energy Analytics Institute, Jared Yamin, 1.Feb.2018) – In January Petroteq Energy Inc. reached an agreement with Mexico’s state-owned oil entity Pemex. Through its Petrobloq subsidiary, Petroteq is developing a supply...
(CaribbeanLife, Bert Wilkinson, 31.Jan.2018) — Now that Guyana’s oil and gas basin has been deemed as one of the hottest and most exciting prospects in the world, Shell Oil has...
(Tecpetrol, 25.Jan.2018) — Buenos Aires-based Tecpetrol S.A. and YPF S.A. announced creation of the company “Oleoducto Loma Campana - Lago Pellegrini S.A.,” on January 24, 2018. The main objective of...
(Reuters, Jessica Resnick-Ault, 17.Jan.2018) – BP is expanding its retail presence with plans to open 3,000 branded retail stations globally in the next five years, half in Mexico, as that...
(CGX, 10.Jan.2018) – CGX Energy accepted Mr. Dewi Jones’ resignation as Chief Executive Officer of the company, effective January 8, 2018. “The xompany would like to thank Mr. Jones for...
(Exxon Mobil, 5.Jan.2018) – Exxon Mobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. The Ranger-1 well discovery adds to...
(Kevin Ramnarine, Strategic Energy Adviser). Former Minister of Energy. Business School Lecturer. International Speaker, 3.Jan.2018) – This is a summary of upstream activity for Trinidad and Tobago in 2018. 1)...
(Repsol, 30.Dec.2017) — Kanuku is a block covering 5,164 km2 in the Atlantic ocean within the EEZ of the Cooperative Republic of Guyana. We hold a 70% stake, while the...
(Repsol, 27.Dec.2017) - Repsol has begun gas production from the Sagari field, located in block 57 in the Cusco region of Peru, reinforcing the company´s gas output drive in its...
(Reuters, Alexandra Alper, 27.Dec.2017) — Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short...
(Reuters, Alexandra Alper, 27.Dec.2017) — Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short...
(Total, 10.Dec.2017) — Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico...
(New Fortress Energy, 5.Dec.2017) – Having committed to investing some US$1 billion (J$126 billion) in Jamaica over the next several years, United States-based company, New Fortress Energy (NFE) is well...
(Energía16, 30.Nov.2017) — Bolivia began exporting granulated urea to Brazil. Approximately 65 percent of the country’s urea production comes from YPFB’s Bulo Bulo plant, in Cochamba. Bolivia’s first delivery will...
(Independent, Tom Embury-Dennis, 22.Nov.2017) – Costa Rica’s electricity has been produced entirely using renewable energy for 300 days since the start of January. With more than a month of 2017...
(Baron Oil plc, 10.Nov.2017) — Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision...
(Schuepbach Energy Uruguay – SEU, 30.Oct.2017) — The Norte Basin is part of a huge sedimentary basin called Paraná Basin in Brazil and Paraguay, and called Chaco-Paraná Basin in Argentina....
(RTTNews, 23.Oct.2017) — U.S. oil company Chevron and the Argentinean state-owned YPF agreed to the expand the activities at Vaca Muerta’s Loma Campana field in the province of Neuquén, with...
(Hess, 23.Oct.2017) — Hess Corporation entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650mn, effective...
(Reuters, 11.Oct.2017) — A Chilean power auction attracted 24 bids, including several from European renewable energy firms, to supply the country with 2,200 gigawatts per hour annually for two decades...
(Energy Analytics Institute, 10.Oct.2017) — Guyana, the small English-speaking South American country that is set to become the region's next petro-state, sit below sea level and is thus subject to...
(Reuters, 9.Oct.2017) — U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said on Monday. Kuczynski...
(Exxon Mobil, 5.Oct.2017) – Exxon Mobil Corporation announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s latest discovery to date in...
(McDaniel, 30.Sep.2017) — Colombia is a positive example of a country re-structuring but investment is still required to replenish reserves & production levels, according to McDaniel & Associate Consultants Ltd.’s...
(PanAmPost, Karina Martin, 13.Sep.2017) — On Thursday, September 14, the Ammonia and Urea Plant of the state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) will be inaugurated in Cochabamba, Bolivia, in one...
(OilPrice.com, Haley Zaremba, 22.Aug.2017) – In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually...