(Petrobras, 20.Sep.2019) — Petrobras entered into a Cession Agreement of Credit Rights, allowing the advance of about R$ 8.4 billion of receivables from Eletrobras, recognized […]
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.
Diplomats Say Guyana Gov’t In Breach Of Constitution
(Reuters, 19.Sep.2019) — U.S. and European diplomats on Thursday declared Guyana’s government in breach of the country’s constitution until new elections are held and called […]
Pemex Personnel Takes Part In National Quake Drill
(Pemex, 19.Sep.2019) — For the commemoration of the National Civil Protection Day, management and operating personnel at various Petróleos Mexicanos (Pemex) facilities in the country […]
Argentina’s Vaca Muerta Comparable to Permian Basin
(Energy Analytics Institute, 4.Sep.2019) — “The massive Vaca Muerta formation is geologically comparable to the best US oil basins, particularly the Permian Basin in West […]
IFC And FRV Secure Financing For Potrero Solar
(IFC, 18.Sep.2019) — The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy […]
Petrobras Updates On Provisioning
(Petrobras, 18.Oct.2019) — Petrobras informs that, within its ongoing process of contingencies assessment, it will provision R$ 3.2 billion as a result of: (i) litigation […]
Qingdao McDermott Wuchuan Awarded Module Fabrication Contract
(McDermott, 17.Sep.2019) — McDermott International, Inc. announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China, has been awarded […]
Sur de Texas Marine Pipeline Achieves Commercial Operation
(IMG, 17.Sep.2019) — Infraestructura Marina del Golfo (IMG), a joint venture between TC Energy Corporation (TC Energía) and Infraestructura Energética Nova (IEnova), announced commencement of […]
PDVSA Halts Blending At PetroPiar JV
(Argus, 16.Sep.2019) — Venezuela’s national oil company PdV has suspended crude blending at its 210,000 b/d PetroPiar joint venture with Chevron because of storage constraints, […]
Eco Atlantic Reports 2nd Oil Discovery Offshore Guyana
(Eco, 16.Sep.2019) — Eco (Atlantic) Oil & Gas Ltd. announces a second oil discovery on the Orinduik Block, offshore Guyana. The Joe-1 exploration well was […]
Argentina Reinforces Security Of Vaca Muerta
(Reuters, 16.Sep.2019) — The Argentine government will step up security in the Vaca Muerta oil fields by placing the shale formation under the jurisdiction of […]
ExxonMobil Reports Tripeltail Find Offshore Guyana
(Exxon, 16.Sep.2019) — ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds […]
Petrobras Maintains Prices
(Reuters, Gram Slattery and Marta Nogueira, 16.Sep.2019) — – Brazilian President Jair Bolsonaro and Petrobras said on Monday the oil firm was not planning to […]
Petrobras’ P-68 Departs For Berbigão And Sururu fields
(Petrobras, 16.Sep.2019) — Petrobras reports that the P-68 platform left today the Jurong Aracruz Shipyard, heading to the Berbigão and Sururu fields, in the Santos […]
Petrobras’ Private Exchange Offer Results
(Petrobras, 16.Sep.2019) — Petrobras announced the expiration and expiration date results of the previously announced offers to exchange (the “Exchange Offers”), by its wholly-owned subsidiary […]
Petrobras Offers Clarification Of News
(Petrobras, 16.Sep.2019) — Petrobras reports that it received the Official Letter No. 830/2019-SLS, which requests the following clarification: Official Letter no. 830/2019-SLS “Dear Gentlemen, In […]
Tullow Announces Joe-1 Oil Find Offshore Guyana
(Tullow, 16.Sep.2019) — Tullow Oil plc announces the Joe-1 exploration well has successfully opened a new Upper Tertiary oil play in the Guyana basin. The […]
Petrobras Informs On Petrol Prices Due To Saudi Arabia Attacks
(Petrobras, 16.Sep.2019) — Petrobras informs that, due to the latest events in Saudi Arabia, it will carry on with its international market monitoring process. The […]
Petrobras’ Teasers For REGAP, REMAN, LUBNOR And SIX Refineries
(Petrobras, 13.Sep.2019) — Petrobras, following up on the releases disclosed on April 26, 2019 and June 28, 2019, reports the beginning of the opportunity disclosure […]
LatAmNRG Bolivia Briefs: Morales Inaugurates 480MW Plant In Cochabamba
(Energy Analytics Institute, Ian Silverman, 12.Sep.2019) — LatAmNRG briefs related to Bolivia’s President Evo Morales inaugurating a 480 megawatt plant in Cochabamba and Morales saying […]
Petrobras’ Teaser For Amazonas Fields
(Petrobras, 13.Sep.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser), regarding the sale of its interests in two onshore concessions, including […]
Petrobras Reveals Staff Plan For Employees
(Petrobras, 13.Sep.2019) — Petrobras informs that it has approved a staff plan for employees allocated to assets/units in divestment process, which provides for three tools: […]
Petrobras Discloses Teaser For Onshore Fields
(Petrobras, 13.Sep.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser), regarding the sale of its interests in two onshore concessions, including […]
GeoPark Adds Four Brazilian Exploration Blocks
(GeoPark, 12.Sep.2019) — GeoPark Limited announced the expansion of its portfolio with four new exploration blocks in the Reconcavo and Potiguar basins in Brazil. GeoPark […]
Alaska Airlines Launches #FillBeforeYouFly
(Alaska Airlines, 12.Sep.2019) — Alaska Airlines today announced its #FillBeforeYouFly initiative to partner with guests and employees to continue reducing the use of single-use plastics […]
Pemex To Refinance Debt
(Pemex, 11.Sep.2019) — Pemex announced a series of measures intended to improve its financial condition. This operation considers a capital contribution from the Federal Government […]
Daqo Inks Two-Year Deal With JinkoSolar
(Daqo, 11.Sep.2019) — Daqo New Energy Corp. signed a two-year polysilicon supply agreement with JinkoSolar Holding Co., Ltd., one of the largest and most innovative […]
Talos Energy Receives Extension For Block 7
(Talos, 11.Sep.2019) — Talos Energy Inc. announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities […]
Pemex Reveals Measures To Improve Financial Condition
(Pemex, 11.Sep.2019) — Petróleos Mexicanos (Pemex) announced a series of measures intended to improve its financial condition. First, Pemex announced that it expects to receive […]
CNPC Skips Venezuelan oil Loading For Second Month
(Reuters, Chen Aizhu, 10.Sep.2019) — China National Petroleum Corp (CNPC), a leading buyer of Venezuelan oil, will skip cargo loadings for a second month in […]
Exec Suite: Chile’s Energy Minister Juan Carlos Jobet
(Chile’s Energy Ministry, 10.Sep.2019) — Jobet holds a degree in Commercial Engineering from the Universidad Católica and a master’s degree in Business Administration and another […]
Colombia Court Maintains Fracking Moratorium
(Reuters, 10.Sep.2019) — Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments […]
Protest In Peru Halt Frontera’s Output
(Reuters, 10.Sep.2019) — Indigenous communities took control of a small airport and an oil pumping station in Peru to demand the government clean up pollution, […]
Petrobras Finishes Maromba Field Divestment
(Petrobras, 10.Sep.2019) — Petrobras, following up on the release dated 03/08/2019, concluded the sale of its 70% interest in the Maromba field, located in shallow […]
Rosneft Issues Statement On Venezuela
(Rosneft, 10.Sep.2019) — In connection with statements by US special envoy Elliott Abrams, Rosneft reaffirms its position regarding the Company’s operations in Venezuela. Rosneft is […]
Alpek Starts Ops At Cogeneración de Altamira
(Alpek, 10.Sep.2019) — Alpek, S.A.B. de C.V. says it has met all the legal dispositions required by the Comisión Federal de Electricidad (CFE) and Centro […]
Bolton Exit Shifts Oil Market Outlook
(Bloomberg, Lucia Kassai and David Wethe, 10.Sep.2019) — The firing of U.S. National Security Advisor John Bolton gave oil markets some near-term supply comfort, while […]
Live At State With Elliott Abrams
(US Treasury, 10.Sep.2019) — U.S. Special Representative for Venezuela Elliott Abrams discussed issues related to Venezuela during a Live At State from Washington, D.C. MODERATOR: […]
Moody’s: PEMEX Ratings Close To Boundary
(Moody’s, 9.Sep.2019) — The credit ratings of a substantial number of energy companies in the Americas are currently near the “crossover zone,” or the boundary […]
Total Restates Commitment To Nigeria
(Total, 9.Sep.2019) — The top management of Total in Nigeria led by the Country Chair and Managing Director of Total E&P Mr. Mike Sangster, the […]
Mexico Boosts Spending In 2020 Budget
(Aljazeera, 9 Sept 2019) — Mexico‘s government cautiously freed up funds for spending in its 2020 budget proposal on Sunday, slightly loosening a primary surplus […]
Mexico Budget Assumes 1982 Output Surge
(Bloomberg, Amy Stillman, Nacha Cattan and Eric Martin, 9.Sep.2019) — Mexico’s balanced budget for next year depends in part on its oil company boosting production […]
Building Guyana’s Destiny
(Exxon, 9.Sep.2019) — Finding the next big discovery is only a small part of the story when it comes to energy. Delivering that new energy […]
Petrobras Starts Binding Phase For Recôncavo Cluster
(Petrobras, 6.Sep.2019) — Petrobras, following up on the release dated 07/03/2019, reports the beginning of the binding phase to sell all of its stakes in […]
Petrobras Start Binding Phase For Cricaré Cluster
(Petrobras, 6.Sep.2019) — Petrobras, following up on the release dated 06/11/2019, reports the beginning of the binding phase to sell all of its stakes in […]
Maduro Targets Guaido Over Guyana
(Argus, 6.Sep.2019) — Venezuelan president Nicolas Maduro ordered state prosecutors to lodge treason charges against opposition leader Juan Guaido for allegedly agreeing to relinquish Venezuela’s […]
PdV Clings To Sliver Of Oil Refining Capacity
(Argus, 6.Sep.2019) — Venezuela’s national oil company PdV has lost almost all capacity to refine crude, with only a sliver of the 635,000 b/d Amuay […]
Petrobras On Class Action Decision
(Petrobras, 6.Sep.2019) — Petrobras, following up on the disclosure made on June 25, 2018, reports that on August 30, 2019, the Court of Appeals for […]
Mexico Launch World’s Largest Oil Hedge Program
(Reuters, Devika Krishna Kumar, Stefanie Eschenbacher, 5.Sep.2019) — Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking […]
Colombia Renewable Capacity To Reach 5.9GW
(GlobalData, 5.Sep.2019) — Installed capacity of renewable power in Colombia is expected to rise from 2% in 2018 to 14% in 2025, with a further […]