(Petrobras, 14.Jul.2020) — Petrobras informs that in early July, it completed, in half the time, the construction of the 7 GLF 49H ESS offshore well, […]
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.
Suriname Elects Santokhi As President, Brunswijk As VP
(Energy Analytics Institute, 14.Jul.2020) — Suriname elected Progressive Reform Party (VHP) front man Chan Santokhi as the country’s president and Ronnie Brunswijk, leader of the […]
Early Oil Pilot Scheme (EOPS) Ends In Kenya
(Tullow Oil, 13.Jul.2020) — After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with […]
New Players Help Maduro Evade Tanker Sanctions
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world’s largest shippers from Venezuela‘s oil industry, new players are willing to brave the heightened risks and […]
US Ups Pressure To Push Venezuela Oil Exports To 0
(Oilprice.com, 13.Jul.2020) — The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump […]
US Swaps Venezuelan Fuel Oil For Russian Products
(Oilprice.com, 13.Jul.2020) — The United States has been raising its imports of fuel oil from Russia over the past year and a half after the […]
New Players Emerge In Venezuela Amid Sanctions
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world’s largest shippers from Venezuela’s oil industry, new players are willing to brave the heightened risks […]
Bolivia To Investigate YPFB Refining Transfers
(Energy Analytics Institute, 13.Jul.2020) — Ecuador ‘s transparency unit of the hydrocarbon ministry received a complaint that dates back and relates to the management of […]
Argentina’s YPF Announces Exchange Offering
(YPF, 13.Jul.2020) — Argentina’s state oil company YPF Sociedad Anónima announced 13 July 2020 changes to a debt exchange offering. The offering consists of the […]
Fitch Downgrades Suriname’s LT-FC IDR To ‘RD’
(Fitch Ratings, 13.Jul.2020) — Fitch Ratings has downgraded Suriname’s Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) to ‘RD’ from ‘C’. KEY RATING DRIVERS The downgrade […]
Suriname Elects New President Santokhi
(The New York Times, 13.Jul.2020) — Desi Bouterse has cast a long shadow over Suriname since its independence. Once a dictator, he returned as a […]
Vote Standoff Prolongs Guyana Uncertainty
(Argus, 13.Jul.2020) — Guyana’s political stalemate is prolonging uncertainty over the future management of the South American country’s fledgling oil sector, and raising the prospect […]
Ecuador Seeking New Oil-backed Loan From China
(Argus, 13.Jul.2020) — Ecuador’s austerity-minded government is in discussions with China to secure a new loan backed by oil sales. The fresh loan of at […]
Petrobras On Asphalt Sale By Reduc
(Petrobras, 13.Jul.2020) — Petrobras reports that its refinery in Duque de Caxias (Reduc), located in Rio de Janeiro, reached the mark of 16,773 tons of […]
PetroEcuador Continues With Elimination Process
(Energy Analytics Institute, 12.Jul.2020) — Technical staff with the Consortium Suez-Ecuambiente continues with previous work related to the export of hazardous waste from the Las […]
Recount Result: Guyana’s Only Democratic Solution
(OAS, 11.Jul.2020) — The Organization of American States (OAS) notes that the Chief Elections Officer of Guyana, in direct opposition to the instructions of the […]
Petrobras On Measures In Aviation Gasoline
(Petrobras, 11.Jul.2020) — Petrobras informs that it has decided, preventively, to interrupt supplying a specific imported batch of aviation gasoline after tests carried out at […]
Reliance To Load Venezuelan Oil In Fuel Swap Deal
(Sputnik, 10.Jul.2020) — India is one of the biggest buyers of Venezuelan oil in spite of US sanctions. Private Indian refiners Reliance Industries and Nayara […]
Ecuador seeks private investor to operate Esmeraldas refinery
(Piero Stewart, Energy Analytics Institute, 10.Jul.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) together with state controlled EP PetroEcuador plan to define […]
Exxon Restarts Drilling Off Guyana Amid Political Crisis
(Bloomberg, 10.Jul.2020) — Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash […]
MERNNR Extends Offers For El Aromo And Villonaco
(Energy Analytics Institute, 10.Jul.2020) — René Ortiz, the head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) extended terms for the delivery of […]
Mubadala Set For Talks With Petrobras For Bahia Refinery
(Reuters, 10.Jul.2020) — Abu Dhabi’s investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil’s second-largest refinery, the Brazilian state-owned […]
BW Offshore Mulls Bids For Golfinho Field In Brazil
(Reuters, 10.Jul.2020) — Norway’s BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras’ Golfinho oilfield cluster, two sources said, […]
OAS Statement On Electoral Process In Guyana
(OAS, 10.Jul.2020) — In our most recent press statement, on 23 June 2020, the OAS encouraged the Guyana Elections Commission (GECOM) to move forward in […]
Petrobras Biocombustível To Divest Stake In Bambuí
(Petrobras, 10.Jul.2020) — Petrobras, following up on the release disclosed on 07/03/2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO) signed an agreement for […]
Petrobras Starts Gaspetro’s Binding Phase
(Petrobras, 10.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale […]
Suriname Closes Oil Drilling Deal For Later This Year
(Stabroek News, 10.Jul.2020) — Having gone almost entirely unnoticed in the global oil & gas industry for decades, both Guyana and neighbouring Suriname are now […]
Reliance To Load Venezuelan Oil Under Fuel Swap Deal
(Reuters, 9.Jul.2020) — India’s Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under a swap […]
Ecuador Eyes Mining Investments Of $1.3bn
(Energy Analytics Institute, 9.Jul.2020) — Ecuador envisions mining exploration investments of $1.3bn through January 2022, according to comments from the country’s Mines Vice Minister Fernando […]
Talos Instructed To Unitize Zama Field Within 120 Days
(Talos, 9.Jul.2020) — Talos Energy Inc. announced that on 7 July 2020, that it received a notice from Mexico’s Ministry of Energy (SENER) instructing the […]
Petrobras On RLAM Refinery Divestment
(Petrobras, 9.Jul.2020) — Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there […]
Petrobras Inks Deal For Shallow Water Field Sales
(Petrobras, 9.Jul.2020) — Petrobras signed with OP Pescada Óleo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Óleo e Gás S.A., an agreement for […]
Guyana Awaits New Oil Authorities
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana’s fledgling oil sector, after a regional court cleared the way for declaring […]
Weatherford Signs Four-Year Contract with Eni S.p.A
(Weatherford, 8.Jul.2020) — Weatherford International plc has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole […]
Sener Authorizes Unification Of Zama Shared Deposit
(Energy Analytics Institute, 8.Jul.2020) — Mexico’s Energy Secretary (Sener) instructed the unification of a shared reservoir between the Zama field discovered through Contract CNH-R01-L01-A7 / […]
MERNNR Works On Slowing Coca River Water Flow
(Energy Analytics Institute, 8.Jul.2020) — René Ortiz, head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR), CELEC EP General Manager Gonzalo Uquillas Vallejo, […]
Petrobras Reports Record Bunker 2020 Output
(Petrobras, 8.Jul.2020) — Petrobras informs that the Paulínia Refinery (Replan), located in the state of São Paulo, broke the monthly production record for Bunker 2020, […]
Renewables Key To LatAm Economic Recovery
(Reve, 8.Jul.2020) — The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables driven energy […]
PdV Receives Diesel Cargo, Patches Gasoline Unit
(Argus, 8.Jul.2020) — PdV received a cargo of ultra-low sulfur diesel today at its Amuay terminal, close to where the Venezuelan state-owned company is running […]
Petrobras To Open Tender For Brazil’s Biggest Platform
(Reuters, 8.Jul.2020) — Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, […]
Total Secures $15.8bn For Mozambique Gas Project
(Reuters, 8.Jul.2020) — French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according […]
Colombia’s Gamble On Oil Could End In Disaster
(Oilprice.com, 8.Jul.2020) — The latest oil price collapse coupled with the considerable economic fallout from the coronavirus pandemic has battered Colombia’s fragile economy. As the […]
SolTrans Turns to AMPLY Power For Bus Charging
(Amply, 7.Jul.2020) — Bringing California closer to its goal to transition all public transit agencies to 100 percent zero-emission bus fleets by 2040, AMPLY Power […]
Talos To Announce 2Q:20 Results, Host Conference Call
(Talos, 7.Jul.2020) — Talos Energy Inc. will release second quarter 2020 results for the period ended June 30, 2020 on Wednesday, August 5, 2020 after […]
Petrobras Decommissions P-12 Platform
(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment […]
Africa’s Richest Woman to Cooperate In Corruption Probe
(Bloomberg, 7.Jul.2020) — Isabel dos Santos, who is accused of causing billions of dollars in losses to the Angolan government during her father’s 38-year rule, […]
Cosan Claims Reorganization May Entail Capitalization
(Reuters, 7.Jul.2020) — Brazilian energy company Cosan SA said its planned reorganization may involve the capitalization of all operating units controlled and co-controlled by the […]
Duke Energy Renewables’ Texas Solar Project Online
(Duke Energy, 7.Jul.2020) — Duke Energy Renewables, a subsidiary of Duke Energy, announced that its 200-megawatt alternating current (MWac) Holstein Solar project in Nolan County, […]
US Gas Exports To Mexico Set To Rise
(EIA, 6.Jul.2020) — Exports of natural gas by pipeline are the largest component of U.S. natural gas trade, accounting for 40% of all U.S. gross […]
Will Argentina’s Oil Industry Survive This Crisis?
(Oilprice.com, 6.Jul.2020) — Throughout the 2010s Argentina’s shale deposits were universally listed alongside the US shale gale, denoting the many similarities Vaca Muerta shares with […]