(Reuters, 10.Jun.2019) — Brazil’s state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in […]
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.
Comstock Resources Takes Haynesville Lead With $2.2 Billion Covey Park deal
(WoodMac, 10.Jun.2019) — Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park. Greig […]
Norway To Fund 30 MW Of Solar-Plus-Storage In Guyana
(Renewables Now, 10.Jun.2019) — Norway, through its ministry of climate, has approved the transfer of funds for the construction of 30 MW of solar photovoltaic […]
Itaipú Dam Talks To Vent Paraguay’s Pent-up Energy
(FT.com, Andres Schipani, 10.Jun.2019) — From the Guaraní language, Itaipú translates as “the sounding stone”, echoing the reverberations the Paraná river makes as it flows […]
JPS To Get Tax Break On Lithium Batteries
(Jamaica Gleaner, Neville Graham, 9.Jun.2019) — Light and power supplier Jamaica Public Service Company (JPS) is in line for a tax break as it follows […]
Fire Near PdV’s PLC Refinery Kills Three
(Argus, 9.Jun.2019) — A fire yesterday near state-owned PdV’s 190,000 b/d Puerto La Cruz refinery killed at least three people. Civil emergency and Anzoategui state […]
Heard On The Street Colombia: Fracking, Budget Price, Shale, Gas Supply
(Energy Analytics Institute, Aaron Simonsky, 9.Jun.2019) — Heard on the street related to the Colombian upstream, midstream, downstream and renewable energies sectors. — Colombia’s state […]
LatAmNRG Q&A Series With Barry Blacklock About Water Management In Fracking
(Energy Analytics Institute, Ian Silverman, 8.Jun.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, […]
Colombian Streets Filled With Protests Against Fracking
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Protesters in Colombia took to the streets across the Andean country on Friday 7 June to show their […]
Challenges Stall Mexico’s Billion-dollar Oil Hedge In 2019
(Reuters, Devika Krishna Kumar, Stefanie Eschenbacher, and Marianna Parraga, 7.Jun.2019) — The world’s biggest and most secretive financial oil trade is facing unusual roadblocks this […]
Ecopetrol Reports Attack Along Caño Limón Coveñas Pipeline In Arauca
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Colombia’s state oil company Ecopetrol activated a contingency plan after the most recent attack on 7 June along […]
Bolivia’s Generation Capacity Expected To Reach 3,300 MW In 2019
(Energy Analytics Institute, Ian Silverman, 7.Jun.2019) — Bolivia’s generation capacity is expected to rise this year by 1,000 megawatts (MW) to 3,300 MW, representing an […]
Petrobras Reports On Secondary Public Offering Of BR Distribuidora Shares
(Petrobras, 7.Jun.2019) — Petrobras, following up on the release of05/22/2019, informs that on this date it has submitted to the Brazilian Association of Financial and […]
LatAmNRG Bolivia Briefs: Putin-Morales Meeting, Lithium, Potassium Chloride
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2019) — Heard on the street related to the Bolivian upstream, midstream, downstream and renewable energy sectors including: Russian President […]
CNOOC In Agreement For Acquisition Of 10% Equity Interest In Arctic LNG 2 LLC
(CNOOC, 7.Jun.2019) — CNOOC Limited and CEPR Limited, a wholly-owned subsidiary of the company, entered into a Share Purchase Agreement with Joint Stock Company Novatek […]
UOCRA Union Leader Arrested In Argentina
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2019) — UOCRA union leader Juan Carlos Levi was reportedly arrested in Argentina after a search of his home, online […]
Millions To Collaborate Worldwide For World Oceans Day This June 8
(World Oceans Day, 7.Jun.2019) — The World Oceans Day Youth Advisory Council will help steer the way this week leading up to World Oceans Day […]
TPHL Bondholders Support Amended Offer
(Trinidad and Tobago Newsday, 7.Jun.2019) — Trinidad Petroleum Holdings Ltd’s (TPHL) decision to amend the terms of its exchange offer for its bonds due this […]
Energy Minister Khan: No Venezuelan Crude For Trinidad
(Trinidad and Tobago Newsday, Sean Douglas, 7.Jun.2019) — The refined oil imported by Paria Fuel Trading Company for local consumption after the closure of the […]
Petrobras Announces Favorable Supreme Court Decision
(Petrobras, 6.Jun.2019) — Petrobras said the Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, […]
Neo Lithium Finds High Grade Lithium At Greater Depth In Argentina
(Neo Lithium, 6.Jun.2019) — Neo Lithium Corp. announced report new drilling results from its wholly-owned Tres Quebradas lithium brine project (“3Q Project”) in Catamarca Province, […]
U.S. Tightens Venezuela Oil Sanctions, Indicates More Actions To Come
(Reuters, Roberta Rampton, 6.Jun.2019) — The U.S. Treasury Department on Thursday tightened its pressure on Venezuela’s state-owned oil company by making clear that exports of […]
European Elections: Finally Becoming More Courageous About Climate Protection
(Wintershall, 6.Jun.2019) — The results of the European elections show that German voters are primarily interested in one issue: climate protection. Hugo Dijkgraaf, the member […]
Pemex Debt Holders See Downgrade To ‘Junk’ Status Ahead
(Reuters, Stefanie Eschenbacher and Ana Isabel Martinez, 6.Jun.2019) — Investors at six of the world’s largest asset managers, all of whom own the bonds of […]
ANP 16th Bid Rounds: Mitigating Sky-high Bonuses
(WoodMac, 6.Jun.2019) — After three highly competitive exploration bid rounds in 2018, momentum is building for Brazil’s three-round licensing bonanza that starts later this year. […]
EP PetroEcuador Hosts Executives From Japanese Companies
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — Executives from the Japanese companies Mitsubishi Motors, Nexi Nippon Export and Investment Insurance and Bank of Tokyo conducted […]
PetroEcuador Completes Second Spot Sale Of 2019 With A $3.09/bbl WTI Spread
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — EP PetroEcuador awarded for export 3,960,000 barrels of Oriente crude oil of 24-degree API plus/minus 5% to Tesoro […]
Initiatives In The Circular Economy: Eni
(Eni, 6.Jun.2019) — In order to ensure long-term growth in the future, the Company must be economically, technically and environmentally efficient. Efficiency is a broad […]
Colombia’s ANH And Hocol Inaugurate Solar Powered Pumping System
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — Colombia’s National Hydrocarbon Agency (ANH) inaugurated a new solar powered water pumping system in Ovejas in Sucre with […]
Echo Energy Plc Says Current 3D Campaign Nearly Completed In Argentina
(Energy Analytics Institute, Aaron Simonsky, 6.Jun.2019) — Echo Energy plc says activities at Tapi Aike in Argentina have moved to the west of the basin […]
Argentina And Brazilian Officials Meet To Discuss Energy Exchanges
(Energy Analytics Institute, Ian Silverman, 6.Jun.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui met 6 June with Brazil’s Minister of Mines and Energy Bento Albuquerque under […]
Canadian Solar Inks 500 MW Module Supply Deal For Two Projects In Spain
(Canadian Solar, 6.Jun.2019) — Canadian Solar Inc. signed a module contract with the global solar power company Solarcentury to supply 500 MW modules to Solarcentury’s […]
Ultrapar Announces Early Tender Results Of Offer For Its 5.250% Notes Due 2026
(Ultrapar, 6.Jun.2019) — Ultrapar International S.A. announced the early tender results of its offer to purchase for cash up to U.S.$200,000,000 aggregate principal amount. (Incorporated […]
Different Brazilian Justice OKs Privatizations Without Congressional Approval
(Reuters, 6.Jun.2019 ) — Brazilian Supreme Court Justice Carmen Lucia voted on Thursday to allow the divestment of state-run firms and subsidiaries without congressional approval, […]
Engie Brazil CEO Expects Supreme Court To Ok $8.6 Billion Gas Pipeline Deal
(Reuters, 6.Jun.2019) — The chief executive officer of Engie SA in Brazil, Mauricio Bahr, said he expects the country’s highest court to approve the French […]
Citgo’s Search For CEO Moves Forward, Includes Former PDVSA Executives
(Reuters, Marianna Parraga, 6.Jun.2019) — Citgo Petroleum Corp, the U.S. arm of Venezuela’s state-run oil firm PDVSA, is moving toward appointing a new chief executive, […]
A Double Whammy: Fitch Downgrades Mexico And Moody’s Lowers Outlook
(Reuters, 5.Jun.2019) — In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by […]
Bolivia Expects Increase In Gas Exports To Argentina
(Energy Analytics Institute, Ian Silverman, 5.Jun.2019) — A new addendum to an existing contract between Bolivia and Argentina will lead to a price increase for […]
LSC Expanding Rockfort Lubricants Facility
(Jamaica Gleaner, 5.Jun.2019) — Lubricating Specialties Company (LSC) is adding another 500,000 gallons in capacity at its facility in Rockfort, Kingston, for which it already […]
Tempers Flare As Cash Starved Venezuela Starts To Ration Petrol At The Pumps
(AFP, 5.Jun.2019 ) — Maria Lopez complains about gasoline rationing that Venezuela — home to the world’s largest oil reserves — has started introducing in […]
McDermott Reveals Contract Deal For Mozambique LNG Development
(McDermott, 5.Jun.2019) — McDermott International, Inc. announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract […]
Venezuela Crude Oil Exports Sink In May
(Oilprice.com, Julianne Geiger, 5.Jun.2019) — Venezuela’s oil exports slumped in May as the sanctions levied by the United States staunched the flow of oil from […]
US’ Refineries Need Mexican Crude Oil
(CNN, Matt Egan, 5.Jun.2019) — The Trump administration’s threatened tariffs on Mexico couldn’t come at a worse time for America’s oil refineries. Mexico is the […]
Ecopetrol Shuts Section Of Pipeline After Oil Found In Cobaria River
(Reuters, 4.Jun.2019) — Colombia’s state-run oil company Ecopetrol said late on Tuesday it closed the valves on a section of its Cano Limon pipeline in […]
Seven Companies Bid For 11 Contracts In Colombia Oil Auction
(Reuters, 4.Jun.2019) — Seven companies have put in bids for 11 oil exploration contracts in Colombia, the government said on Tuesday, as the Andean country […]
Odebrecht Informs Petrobras That Sales Talks With Lyondell Are Off
(Energy Analytics Institute, Aaron Simonsky, 4.Jun.2019) — Odebrecht S.A., the controlling shareholder of Braskem S.A., notified Petrobras that negotiations regarding the potential transaction involving the […]
Brazil Will Allow Mills Sell Ethanol Directly To Service Stations
(Reuters, Marcela Ayres and Marcelo Teixeira, 4.Jun.2019) — The Brazilian government on Tuesday paved the way for ethanol makers to sell the fuel directly to […]
Santiago: Home To The 1st Club Worldwide To Operate 100% On Renewable Energy
(Lonely Planet, Kelly Magyarics, 4.Jun.2019) — This week, La Feria in Santiago, Chile’s Barrio Bellavista became the first nightclub in the world to sustainably cover […]
Trinidad Energy Chamber To Host Energy Efficiency And Renewables Conference
(Energy Chamber, 4.Jun.2019) — The Energy Chamber of Trinidad and Tobago is hosting its Energy Efficiency and Renewables Conference on 10-11 June 2019 at the […]
Southern Power Completes Expansion Of Mankato Energy Center Unit
(Southern Power, 4.Jun.2019) — Southern Power announced the second combined cycle unit of the Mankato Energy Center expansion in Mankato, Minn., is complete. The expansion […]