(Ecopetrol, 18.Feb.2020) — Ecopetrol S.A. announces that on February 25, 2020 after market close, it will release its financial and operating results for the fourth […]
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.
Talos Energy Announces 2020 Operating Guidance
(Talos 18.Feb.2020) — Talos Energy Inc. announced full year 2020 operating and financial guidance. The Company also announced that it expects to close the previously […]
Geronimo And Basin Electric Power Announce Deal
(Geronimo 18.Feb.2020) — Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced execution of a Power Purchase Agreement (PPA) for […]
Frontera Reports Growth In Value Of Reserves
(Frontera, 18.Feb.2020) — Frontera Energy Corporation announced the results of its annual independent reserves assessment and provided notice of fourth quarter and full year 2019 […]
FPSO Brasil Congress Returns To Rio De Janeiro
(FPSO Network, 18.Feb.2020) — Following 2 successful events since 2018, the FPSO Brasil Congress, taking place on 25 – 27 May 2020 is returning to […]
Trinidad And Barbados Sign Unitization Agreement
(Office of the PM of Trinidad and Tobago, 17.Feb.2020) — Prime Minister of the Republic of Trinidad and Tobago, Dr the Hon. Keith Rowley and […]
Eni Announces New Oil Find Offshore Mexico
(Eni, 17.Feb.2020) — Eni announces a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep water of the Cuenca […]
PDVSA Seeks Buyers For 677 Mb/d Of February Crude
(S&P Global Platts, 14.Feb.2020) — Venezuela’s state owned PDVSA has 677,000 b/d of crude available to sell for February, but no buyers because of US […]
PDVSA Steps Up Shipments To Cuba
(Reuters, 14.Feb.2020) — Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened […]
Chavez’s Legacy Oil Hasn’t Been Broken?
(The Globe and Mail, 13.Feb.2020) — In terms of its trademark nationalist approach to its economy – the crown jewel of which has long been […]
Petrobras Request Withdraw Of Governance Program
(Petrobras, 13.Feb.2020) — Petrobras, following up on the release dated 29 January 2020, reports that its request to withdraw from the Corporate Governance Program for […]
Looney’s New Course For BP With Climate Targets
(WoodMac, 12.Feb.2020) — Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: […]
Guyana To Export First Share Of Oil-Official
(Reuters, 12.Feb.2020) — Guyana is getting ready to export in the coming days the first cargo of Liza crude entitled to the government as share […]
Ask No Questions, Tell No Lies
(Argus, 11.Feb.2020) — Juan Guaido is finally returning to Caracas today, with a vow to dislodge the “usurper” so he and his team of exiles […]
Petrobras On Arbitration Involving Sete Brasil
(Petrobras, 11.Feb.2020) — Petrobras informs about a favorable arbitration award to the company, which rejected a claim made by an investor in Sete Brasil Participações […]
Noble Announces Deal With ExxonMobil
(Noble, 11.Feb.2020) — Noble Corporation plc and ExxonMobil today announced the execution of a unique commercial enabling agreement for drilling services in the Guyana-Suriname Basin. […]
Citgo Names Jack Lynch As Chief Compliance Officer
(Citgo, 11.Feb.2020) — Citgo Petroleum Corporation announced the appointment of Jack Lynch as the company’s new Chief Compliance & Ethics Officer. Lynch will continue to […]
Petrobras Hits New Production Record
(Reuters, 10.Feb.2020) — Brazil’s Petrobras hit a new production record in the fourth quarter, of over 3 million barrels of oil equivalent per day (boepd), […]
Petrobras To Hire Emergency Workers
(S&P Global Platts, 10.Feb.2020) — Brazilian state-led oil company Petrobras was cleared by a local labor court judge to hire emergency workers to maintain operations […]
Fact Box: Atlantic LNG Trains
(Atlantic LNG, 10.Feb.2020) — Over our years of expansion, between 1999 – 2005, we first tripled the capacity of Train 1 with Trains 2 and […]
US Imports Of Russian Residue Complicate Venezuela Sanctions
(Argus, 10.Feb.2020) — US Gulf Coast refiners have been increasing their imports of a crude oil residue from Russia in response to both sanctions on […]
Guyana Aims To Agree To Oil Prices With Exxon
(Reuters, 10.Feb.2020) — Guyana is aiming to complete talks with the Exxon Mobil Corp-led consortium producing oil off its coast over crude pricing, lifting costs, […]
Brazil Oil Strike Drags Into Second Week
(S&P Global Platts, 10.Feb.2020) — A indefinite strike by oil workers in Brazil is dragging on despite local labor court rulings classifying the work action […]
Trinidad Energy Conference 2020: Photojournalism
(Energy Analytics Institute, Ian Silverman, 10.Feb.2020) — Select photos from the Trinidad and Tobago Energy Conference 2020 hosted by the Energy Chamber of Trinidad and […]
Oceaneering Awarded Well Intervention Contract By BP
(Oceaneering, 10.Feb.2020) — Oceaneering International, Inc. announced the award by units of BP p.l.c., of a contract to provide comprehensive riserless light well intervention (RLWI) […]
Storage Constraints Prompt PdV To Consider Oil Pits
(Argus, 28.Feb.2020) — Venezuela’s PdV has exhausted its storage capacity and is now considering digging open-air pits to hold swelling stocks that US sanctions are […]
Rowley Comments On Loran-Manatee Deal
(Office of the PM of Trinidad and Tobago, 7.Feb.2020) — Trinidad and Tobago’s Prime Minister the Honourable Keith Rowley provided details related to the agreement […]
Petrobras Reveals Fertilizer Plant Teaser
(Petrobras, 7.Feb.2020) — Petrobras has started the opportunity disclosure stage (teaser), regarding the sale of all its equity stake in its Nitrogen Fertilizer Unit III […]
PPGPL Acquires Twin Eagle’s Marketing Assets
(PPGPL, 7.Feb.2020) — Phoenix Park Gas Processors Limited announced its acquisition of a US entity. Effective February 1, 2020, PPGPL through its wholly owned US […]
Ecopetrol And Shell To Develop Caribbean Gas
(Ecopetrol, 7.Feb.2020) — Ecopetrol S.A. and Shell, through its subsidiary Shell EP Offshore Ventures Limited, signed an agreement whereby Shell will acquire a 50% stake […]
Touchstone’s Cascadura Confirms Liquids Discovery
(Touchstone, 6.Feb.2020) — Touchstone Exploration Inc. announced flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confirming that the well is […]
Canadian Solar Acquires 47.5 MWp Portfolio In Chile
(Canadian Solar, 6.Feb.2020) — Canadian Solar Inc. announced the acquisition of a 47.5 MWp portfolio of solar projects under development in Chile. These projects will […]
Petrobras Announces Pricing Of BNDES Offering
(Petrobras, 6.Feb.2020) — Petrobras announced that on February 5, 2020, it priced the global offering by Banco Nacional de Desenvolvimento Econômico e Social – BNDES […]
Bolsonaro Ready To Ax Fuel Taxes
(Reuters, 6.Feb.2020) — Brazil’s President Jair Bolsonaro said he is prepared to eliminate federal fuel taxes if state governors eliminate the “ICMS” state tax on […]
Mexico Spent $1.37 Billion On Oil Hedge
(Reuters, 6.Feb.2020) — Mexico spent more than 25 billion pesos ($1.37 billion) on its 2020 oil hedging program, the country’s finance ministry confirmed on Wednesday […]
Banks Willing To Invest In Renewables
(Trinidad Newsday, 6.Feb.2020) — Caribbean banks are well aware of the potential for investing in renewable energy across the region. What is required, however, is […]
Frontera Announces Discovery In Colombia
(Frontera, 6.Feb.2020) — Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint […]
PetroEcuador Renegotiates Deal With Asia’s PTT
(Energy Analytics Institute, Piero Stewart, 21.Feb.2020) — Empresa Pública PetroEcuador completed negotiations with Thailand state-owned company PTT International Trading PTE. LTD. related to reprogrammed 6,480,000 […]
Watchdog: Exxon Guyana Deal ‘Exploitative’
(Forbes, 5.Feb.2020) — As ExxonMobil kicks off production on the world’s largest emerging oil projects, debate has intensified over the terms of contracts signed between […]
BPTT: Matapal, Cassia C On Track
(BPTT, 5.Feb.2020) — BPTT’s Matapal and Cassia C projects are on track, according to Project General Manager Michael Daniel. Daniel gave an update on BPTT’s […]
Beyond The Dragon Deal
(Trinidad Newsday, 5.Feb.2020) — One of the biggest lessons we can take away from the pausing of the landmark cross-border agreement between TT and Venezuela […]
McDermott Awarded Large Trinidad Project By BHP
(McDermott, 5.Feb.2020) — McDermott International, Inc. has been awarded a large* contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation […]
Russia Sends Lavrov To Venezuela
(Reuters, 4.Feb.2020) — Russian Foreign Minister Sergei Lavrov will visit Venezuela on Friday in a show of support for President Nicolas Maduro, a socialist who […]
Trinidad To Develop Natural Gas From Manatee Field
(Office of the PM of Trinidad and Tobago, 4.Feb.2020) — The Government will independently develop the natural gas from the Loran-Manatee field on Trinidad and […]
Petrobras Starts Binding Phase For Uruguay Assets
(Petrobras, 4.Feb.2020) — Petrobras, following up on the press release disclosed on 17 February 2020, informs the beginning of the binding phase related to the […]
Petrobras On Payment Of Interest On Capital
(Petrobras, 3.Feb.2020) — Petrobras informs that will pay, on Friday 7 February 2020, the third and fourth installments of shareholders remuneration for the 2019 fiscal […]
Petrobras Says Sale Model For Gaspetro Not Defined
(Petrobras, 3.Feb.2020) — Petrobras, in relation to the news published in the media, concerning the sale of its 51% stake in Petrobras Gás SA (Gaspetro), […]
Petrobras Starts Teaser For Papa-terra Field
(Petrobras, 3.Feb.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake of the Papa-terra field, located in […]
Trinidad Cancels Gas Deal Over US Sanctions
(Aljazeera, 3 Feb 2020) — Trinidad and Tobago has cancelled an agreement with Venezuela for the joint development of a natural gas field straddling their […]
Petrobras’ Pará-Maranhão Basin Teaser
(Petrobras, 3.Feb.2020) — Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of part of its equity interest in […]