(Petrobras, 13.Nov.2019) — Petrobras, following up on the release dated 09/13/2019, reports on the beginning of the binding phase regarding the sale of its stakes […]
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.
Ramnarine Talks Of TT Energy Sector Crisis
(AZP, 13.Nov.2019) — There is a crisis in the energy sector in Trinidad and Tobago. This is the view of former energy minister Kevin Ramnarine […]
Pemex Not Willing To Pay Ransom After Cyberattack
(Reuters, 13.Nov.2019) — Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm’s computer systems, Energy Minister […]
Yara Reports Closure Of Trinidad Ammonia Plant
(Yara, 13.Nov.2019) — Yara regrets to announce the closure of its wholly-owned ammonia plant in Point Lisas, Trinidad. The Yara Trinidad plant is one of […]
NGC Acknowledges Cessation Of Yara Operations
(NGC, 13.Nov.2019) — The National Gas Company of Trinidad and Tobago Limited (NGC) notes the decision taken by Yara Trinidad Limited to cease operations of […]
Hacker Wants $5mn In Ransom From Pemex
(Bloomberg, Amy Stillman, William Turton and Alyza Sebenius, 13.Nov.2019) — The hacker behind a cyberattack that has crippled Petroleos Mexicanos’s computer systems since the weekend […]
NGC Acknowledges Cessation Of Yara Operations
(NGC, 13.Nov.2019) — The National Gas Company of Trinidad and Tobago Limited (NGC) notes the decision taken by Yara Trinidad Limited to cease operations of […]
Ecopetrol and Oxy Finalize Permian Deal
(Ecopetrol, 13.Nov.2019) — Ecopetrol S.A. completed the joint venture transaction announced on 31 Jul. 2019. Through this deal, the company and Occidental Petroleum Corp agreed […]
Clorox And Enel Green Power Ink Deal
(Clorox, 13.Nov.2019) — The Clorox Company and a wholly owned subsidiary of Enel Green Power North America signed a 12-year, 70 megawatt (MW) virtual power […]
Bolivia Warns Of Force Majeure On Gas Exports
(Argus, 12.Nov.2019) — Bolivia’s deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia’s state-owned oil and natural gas […]
Indian Firm To Repair PDVSA Refineries
(S&P Platts Global, Alisdair Bowles, 12.Nov.2019) — Venezuelan state-owned PDVSA signed a five-year deal earlier this year with Indian company Flash Forge Private Limited (F-F) […]
Exmar’s First LNG Shipment In Argentina
(EXMAR, 12.Nov.2019) — Exmar announced the first commercial LNG cargo has left Argentina for export. It was produced on board Exmar’s Tango FLNG and is […]
Petrobras Discloses Teaser For Uruguayan Assets
(Petrobras, 12.Nov.2019) — Petrobras started the opportunity disclosure stage (teaser) relating to the sale of its fuel, lubricant and fertilizer distribution business in Uruguay. In […]
Ecuador Oil Minister Resigns
(Reuters, 12.Nov.2019) — Ecuadorean Oil Minister Carlos Perez on Tuesday announced his resignation in what he called a personal decision to spend more time with […]
Chubut Preparing For Cerro Negro Oil Auction
(S&P Global Platts, 12.Nov.2019) — Chubut is preparing to hold an auction of assets in Cerro Negro, a maturing conventional block in the southern Argentinian […]
LAC On Brink Of Massive Solar Power Growth
(IRENA, 12.Nov.2019) — Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by […]
UTE Announces $500mn Investment In San José
(Energy Analytics Institute, Aaron Simonsky, 12.Nov.2019) — The company UTE announced it will invest $500 million in the Punta del Tigre B 540-megawatt combined cycle […]
Rosneft Grapples With Unsold Venezuelan Oil
(Michelle Wiese Bockmann, 12.Nov.2019) — Rosneft’s trading arm is vital to Venezuelan crude sales as Chinese refiners shun direct purchases since the US administration tightened […]
Pampa Energía 3Q:19 Results
(Pampa Energia, 11.Nov.2019) — Pampa Energía S.A. announced the results for the nine-month period and quarter ended on September 30, 2019. The Company adopted the […]
Petrobras Delists From Argentine Stock Exchange
(Petrobras, 11.Nov.2019) — Petrobras, following communications disclosed on 08/09/2019, 10/04/2019 and 11/04/2019, reports that it proceeded to the withdrawal of the public offering regime in […]
Pemex Says Operations Normal
(Pemex, 11.Nov.2019) — In the light of the tidal wave of false rumors and press releases, articles and social media posts that claim there was […]
Pampa Energia Sets 3Q:19 Conference Call Date
(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2019) — Pampa Energía S.A. announced it will host a conference call to discuss the company’s Q3 19 results on […]
YPF Loads 1st Commercial LNG Cargo
(Reuters, Jessica Jaganathan and Ekaterina Kravtsova, 8.Nov.2019) — Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export […]
Venezuelan Mayor Seizes Baker Hughes Facilities
(Argus, 8.Nov.2019) — A warehouse and offices owned by US drilling services firm Baker Hughes were seized yesterday by a local mayor in Zulia state […]
Petrobras Holds Extraordinary Conf. Call
(Petrobras, 8.Nov.2019) — Brazil’s state oil company Petrobras conducted a conference call to discuss recent details related to recent bid rounds in Brazil. Operator: Good […]
Petrobras Receives Final Offer For Liquigás
(Petrobras, 7.Nov.2019) — Petrobras reports that, as part of the competitive process for divestment of its entire shareholding in Liquigás Distribuidora S.A., the group comprised […]
ExxonMobil To Take 1st MMbbls Of Oil
(Guyana Times, 7.Nov.2019) — With oil production expected to begin later this month, ExxonMobil will be getting the first shipment of oil, while Guyana will […]
Big Oil Stuns Brazil In Back-to-back Auction Flops
(Reuters, Marianna Parraga, Gram Slattery and Marta Nogueira, 7.Nov.2019) — Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, […]
Brazil’s Pre-salt Encore Flops
(Argus, 7.Nov.2019) — Brazil’s pre-salt auction today mirrored the lackluster results from yesterday’s much-hyped Transfer of Rights offer, raising questions about bonus pricing, the appeal […]
Ecopetrol Finds Oil In GOM Deep Waters
(Ecopetrol, 7.Nov.2019) — Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement […]
Frontera Announces Quarterly Dividend
(Frontera, 7.Nov.2019) — Frontera Energy Corporation announces that its Board of Directors has declared a dividend of C$0.205 per common share, which will be paid […]
Centaurus Changes OTC Symbol
(Centaurus, 7.Nov.2019) — Centaurus Energy Inc., formerly Madalena Energy Inc., announced that the Financial Industry Regulatory Authority, Inc. (FINRA) approved a change in the company’s […]
Petrobras Buys Aram Block In 6th PSC Bid Round
(Petrobras, 7.Nov.2019) — Petrobras reports that the consortium in which will be the operator, holding 80% of work interest, in partnership with CNODC Brasil Petróleo […]
ANP’s 6th Round Gets R$5.05bn Bid
(ANP, 7.Nov.2019) — The 6th Production Sharing Bidding Round, held today (November 7) by ANP, bid the block Aram in the Santos Basin. The Round […]
Brazil’s PSC Round 6 Disappoints
(WoodMac, 7.Nov.2019) — Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. […]
Brazil Oil Auction A ‘Total Disaster’
(Bloomberg, Sabrina Valle, Peter Millard, and Luiza Ferraz, 6.Nov.2019) — Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petroleo Brasileiro […]
Ecopetrol Updates On Invercolsa Shares
(Ecopetrol, 6.Nov.2019) — Ecopetrol S.A. reports that, as mentioned in certain media and in searches on the Judiciary website, the Colombian Supreme Court of Justice […]
Brazil Tender Disappoints
(Reuters, Gram Slattery, Marta Nogueira, Marianna Parraga, 6.Nov.2019) — Brazil’s biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of […]
Rosneft Cool On Venezuela’s Sweeter Gas Terms, For Now
(Argus, 6.Nov.2019) — Venezuela is offering sweeter fiscal terms to Russia’s state-controlled Rosneft for two offshore natural gas fields that are well-positioned to supply nearby […]
TOR Record R$70bn Bonuses
(ANP, 6.Nov.2019) — The Transfer of Rights Surplus Bidding Round, held today (November 6) by ANP, had two of the four areas on offer acquired […]
Major Disappointment In Brazil’s Surplus Round
(Welligence, 6.Nov.2019) — Brazil’s Surplus Transfer of Rights round (6th November 2019), the biggest resource opportunity of the year globally, has ended in huge disappointment. […]
Petrobras Takes Prize In Brazil’s TOR Round
(WoodMac, 6.Nov.2019) — Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, […]
Petrobras Clarifies Gas Market Agreement
(Petrobras, 5.Nov.2019) — Petrobras clarifies that it has been fully complying with the schedule of commitments made in the agreement signed with the Administrative Council […]
Field Narrows As Brazil Oil Auction Nears
(Reuters, Gram Slattery and Marta Nogueira, 5.Nov.2019) — As Brazil approaches the biggest oil auction in its history — and one of the world’s most […]
McDermott Appoints Chris Krummel As CFO
(McDermott, 5.Nov.2019) — McDermott International, Inc. announced appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. Krummel joined McDermott in […]
Don’t Count On Oil To Reignite Latin America
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three […]
Can Guyana Survive Striking It Rich?
(Bloomberg, Mac Margolis, 5.Nov.2019) — Early last month, Guyanese President David Granger was knees-down in a community garden brandishing a spade. Granger was there to plant […]
What A Mammoth Oil Auction Means for Brazil
(Americas Quarterly, Naki Mendoza, 5.Nov.2019) — A pre-salt auction 20 years in the making could have broad repercussions for the economy and Jair Bolsonaro’s government. […]
Flexential Expands To LatAm With Seaborn
(Flexential, 4.Nov.2019) — Flexential announced it is expanding its FlexAnywhere offering, providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, […]
Repsol Lowers Venezuela Exposure
(Argus, 4.Nov.2019) — Spanish integrated firm Repsol further reduced its exposure to its upstream business in Venezuela in the third quarter thanks to a small […]