(Reuters, 27.Aug.2019) — Ecuador is seeking private companies interested in building a new refinery on the OPEC nation’s coast with a capacity of up to […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
BP Sells Alaska Business To Hilcorp In $5.6bn Deal
(WoodMac, 27.Aug.2019) — Speaking after BP announced the sale of its Alaska business to Hilcorp in a US$5.6 billion deal, Wood Mackenzie analyst Rowena Gunn […]
Petrobras Updates On FPSO Rio de Janeiro Leak
(Petrobras, 26.Aug.2019) — Petrobras, following the press release disclosed today, informs that the company Modec has reported that a new overflight has found oil on […]
Petrobras Refinery Sale Draws PetroChina
(Reuters, Tatiana Bautzer and Rodrigo Viga Gaier, 26.Aug.2019) — Brazil’s planned privatization of eight Petroleo Brasileiro SA refineries has lured several of the world’s largest […]
Petrobras Clarifies News In ‘Folha de São Paulo’
(Petrobras, 26.Aug.2019) — Petrobras reports that it received the Official Letter No. 269/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 269/2019/CVM/SEP/GEA-1 “Dear Executive Officer, […]
Oil Chairmen Meets Mgmt
(Trinidad Express, 26.Aug.2019) — Trinidad Petroleum Holdings Ltd’s (TPHL) newly appointed chairman Michael Quamina said the company and its subsidiaries would continue working towards becoming […]
Citgo Petroleum Announces 2Q:19 Results
(Citgo, 26.Aug.2019) — The Board of Directors of Citgo Petroleum Corporation is pleased to report significant progress on top company goals. Following its appointment in […]
SQM To Hold Investor Day In New York
(SQM, 26.Aug.2019) — SQM will hold an Investor Day in New York on September 10, 2019. Ricardo Ramos, Pablo Altimiras and Gerardo Illanes will present. […]
Trelleborg Awarded Fast Track Contract By MODEC For Eni Mexico Area 1 FPSO
(Trellebord, 24.Aug.2019) — Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, the leading specialist […]
Bolivia’s Gas Exports Down 30.4% YTD Thru May
(Energy Analytics Institute, Ian Silverman, 24.Aug.2019) — A report by Bolivia’s National Institute of Statistics (INE by its Spanish acronym) published in July 2019 shows […]
Eco (Atlantic)’s Incentive Plan – Grant of RSUs
(Eco, 23.Aug.2019) — Eco (Atlantic) Oil & Gas Ltd. granted 3,000,000 Restricted Share Units to directors, officers and advisers, of which 2,900,000 are to existing […]
LatAmNRG Bolivia Briefs: Urea Deals, Gas Export Price
(Energy Analytics Institute, Jared Yamin, 23.Aug.2019) — LatAmNRG briefs related to Bolivia signing deals related to urea and household gas and Brazil’s ANP saying it […]
Moody’s Ups Petrobras’ Stand-Alone Credit Profile
(Petrobras, 23.Aug.2019) — Petrobras informs that the rating agency Moody raised its stand-alone credit profile (SCP) by one notch to “ba2″ from ” ba3″ and […]
Petrobras Receives Binding Offers For Liquigás
(Petrobras, 23.Aug.2019) — Petrobras, in relation to the news reported in the media, clarifies that as part of the competitive process of divestment of its […]
Equinor Signs Deal With YPF
(Zacks Equity Research, 22.Aug.2019) — Equinor ASA recently announced the signing of a deal with the Argentine energy company, YPF Sociedad Anónima YPF, to jointly […]
Citgo Profits Hit By Fallout From Split-CEO
(Reuters, Marianna Parraga, 22.Aug.2019) — The two new top executives at Citgo Petroleum disclosed this week that net income in the second quarter slid to […]
TechnipFMC Inks GOM EPCI Contract For PowerNap
(Technip, 22.Aug.2019) — TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in […]
Wind Developers Losing Heart On Mexico Amid Stall
(Chron.com, Emily Pickrell, 22.Aug.2019) — Mannti Cummins, a Corpus Christi wind developer, has spent the last 17 years building wind energy projects in the Rio […]
Höegh LNG Partners Reports 2Q:19 Financial Results
(Höegh, 22.Aug.2019) — Höegh LNG Partners LP reported its financial results for the quarter ended June 30, 2019. Highlights — Reported total time charter revenues […]
Equinor Inks Deal With YPF, Expands In Argentina
(Zacks, 22.Aug.2019 ) — Equinor ASA recently announced the signing of a deal with the Argentine energy company, YPF Sociedad Anónima YPF, to jointly conduct […]
Argentina, Chile Ink Emergency Energy Deal
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui held meetings with his Chilean counterpart Juan Carlos Jobet to sign an Emergency […]
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and […]
Höegh LNG Announces 2Q:19 Presentation Results
(Höegh, 22.Aug.2019) — Höegh LNG Partners LP will hold a presentation Thursday, August 22, 2019, at 8:30 A.M. (EST) to discuss financial results for the […]
Bolsonaro Wants To Privatize Petrobras
(Reuters, 21.Aug.2019) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of his […]
EIG Reports Advances At Port of Açu
(EIG, 21,Aug.2019) — EIG Global Energy Partners, controlling shareholder of Prumo Logística S.A., a private Brazilian company leading the energy infrastructure hub at Port of […]
SQM Reports 2Q:19 Earnings
(SQM, 21.Aug.2019) — SQM reported net income for the six months ended June 30, 2019 of US$150.7 million. Highlights — SQM reported net income for […]
Atlas Says Brazil Solar Plant To Generate 357 GWh/Year
(Atlas, 21.Aug.2019) — Atlas Renewable Energy, leader in clean energy across Latin America, announces that its largest project in Brazil, the Juazeiro Solar Plant, is […]
Colombia Pipeline Ready To Transport More Crude
(Reuters, 21.Aug.201 9) — Pipeline company Oleoducto de Colombia is ready to move increased crude output from the center of Colombia to the Caribbean if […]
Bolsonaro Said Wanting To Privatize Petrobras: Rpt
(Reuters, 21.Aug.2019 ) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of […]
Equinor And YPF Ink Offshore Exploration Deal
(Equinor, 21.Aug.2019) — Equinor’s executive vice president for Exploration, Tim Dodson, and YPF’s CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN […]
Argentina Inks NatGas Export Deal With Chile
(Energy Analytics Institute, Aaron Simonsky, 21.Aug.2019) — Argentina and Chile signed an agreement for the export of natural gas from the former to the latter. […]
SQM To Hold 2Q:19 Conference Call
(SQM, 21.Aug.2019) — SQM will hold a conference call to discuss these results on Thursday, August 22, at 12:00pm ET (12:00pm Chile time). Participant Dial-In […]
Capital Discipline In GOM Lease Sale: WoodMac
(WoodMac, 21.Aug.2019) — Capital discipline remains key for offshore operators, judging by the results of today’s US Gulf of Mexico region-wide lease sale. Lease Sale […]
China Stays Venezuela Course
(Argus, 20.Aug.2019) — The Chinese government is so far showing no sign of curtailing its oil ties to Venezuela, despite state-owned PetroChina’s rescheduling of Merey […]
Argentina’s Energy Secretariat Meets With Governors, Companies
(Energy Analytics Institute, Aaron Simonsky, 20.Aug.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui held a meeting in provinces with governors and oil company executives to discuss […]
New Caracas Blackout Compounds Energy Woes
(AP, 20.Aug.2019) — Parts of Venezuela’s capital and at least one state endured a power blackout on Tuesday lasting several hours, in an occurrence that […]
ONGC Videsh To Exit Colombian Blocks
(Cogencis, Sukalp Sharma, 20.Aug.2019) — ONGC Videsh Ltd plans to relinquish three exploratory blocks–RC-9, RC-10, and GUA OFF-2–in Colombia in the current financial year ending […]
Argentina Seeks To Stabilize Peso As Oil Companies Fret About Price Freeze
(S&P Global Platts, 20.Aug.2019) — Argentina’s newly installed economy minister, Hernan Lacunza, said Tuesday he will focus on stabilizing the currency as the key to […]
Petrobras Informs Of CARF Favorable Decision
(Petrobras, 20.Aug.2019) — Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today a favorable decision on an administrative tax proceeding regarding the […]
15 Guyanese Companies To Attend Aberdeen Exhibition
(Stabroek News, 20.Aug.2019) — The representatives of 15 Guyanese companies will be participating in an oil and gas conference and exhibition in Aberdeen, Scotland, next […]
‘The More Operators In Guyana’s Oil Fields The Better’
(Stabroek News, 20.Aug.2019) — Guyana is better off with more operators and countries involved in its oil fields, British High Commissioner to Guyana Gregory Quinn […]
Venture Global Announces FID For Calcasieu Pass LNG
(Venture Global LNG, 20.Aug.2019) — Venture Global LNG, Inc. is proud to announce the final investment decision (FID) and closing of the project financing for […]
Trinidad Inks Definitive Agreement With Shell
(Ministry of Energy and Energy Industries, 19.Aug.2019) — The Honourable Minister of Energy and Energy Industries announces the finalization of negotiations between the Government and […]
Cameron LNG Starts Ops For Train 1 Export Project
(Cameron LNG, 19.Aug.2019) — Sempra LNG, a Sempra Energy subsidiary, today announced that Cameron LNG’s first train of the liquefaction-export project in Hackberry, La., has […]
CNPC Suspends Venezuelan Oil Loading
(Reuters, Chen Aizhu and Marianna Parraga, 18.Aug.2019) — China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest […]
Colombia’s Transandino Pipeline Damaged
(Reuters, 17.Aug.2019) — A bomb and two illegal valves have damaged sections of Colombia’s Transandino pipeline, state-run oil company Ecopetrol said on Saturday. The two […]
BW Offshore Gets ANH Approval For Maromba Field
(BW Offshore, 17.Aug.2019) — BW Offshore (BWO) announced The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as […]
Argentina Enforces Fuel Price Caps
(Argus, 16.Aug.2019) — The price cap takes effect immediately, according to a decree published in the Official Bulletin, the newspaper of record. The downstream sector […]
Argentina Freezes Local Oil, Fuel Prices For 90 Days
(Baker McKenzie, 16.Aug.2019) — In a context of a series of government measures aimed at appeasing the adverse economic effects arising as a result of […]
Argentina Caps Oil Prices By Decree
(Argus, 16.Aug.2019) — Argentina implemented a three-month freeze on fuel and crude prices through an emergency decree, eschewing an earlier plan to apply a decades-old […]