(Petrobras, 25.Apr.2019) — Petrobras informs that it received the Official Letter No. 141/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 141/2019/CVM/SEP/GEA-1 “Dear Executive Officer, […]
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.
DaVita Eyes Using 100 Pct Renewable Energy By 2022
(DaVita, 25.Apr.2019) — By 2022, DaVita Inc. expects to use 100 percent renewable energy. The company has contracted with Longroad Energy on two virtual power […]
LatAmNRG Venezuela Briefs: Oil Worker March, Maduro Denounces Citgo Grab
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) — Heard on the street and LatAmNRG briefs related to a planned oil and gas sector march slated for […]
Canadian Solar To Divest Interest In Brazilian Solar Project To Nebras Power
(Canadian Solar, 24.Apr.2019) — Canadian Solar Inc., one of the world’s largest solar power companies, announced today the signing of an agreement for the sale […]
Petrobras Names New Chief Financial And Investor Relations Officer
(Petrobras, 24.Apr.2019) — Petrobras informs that its Board of Directors, at a meeting held today, elected Ms. Andrea Marques de Almeida as the Company’s Chief […]
Shell Announces Deep-Water GOM Discovery At Blacktip Prospect
(Shell, 24.Apr.2019) — Shell Offshore Inc. (“Shell”), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Blacktip prospect in the […]
Petrobras Says BOD Approves Voluntary Severance Program
(Petrobras, 24.Apr.2019) — Petrobras reports that its Board of Directors has approved a new Voluntary Severance Program – PDV. Employees of Petrobras holding who are […]
Occidental Makes $38bn Rival Bid for Anadarko
(WoodMac, 24.Apr.2019) — Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron’s US$33 billion offer earlier this […]
Petrobras Updates On Auction Of Transfer Of Rights Excess Volumes
(Petrobras, 24.Apr.2019) — Petrobras following up on the release dated 04/09/2019, informs that, on 04/18/2019, the Resolution of the National Council of Energy Policy (CNPE) […]
Petrobras Appoints New Executive Manager Over IR Department
(Petrobras, 24.Apr.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the appointment of Ms. Carla Dodsworth Albano Miller to […]
Reuters Corrects Story Saying Venezuela Is Avoiding U.S. Sanctions by Funneling Oil Sales Through Russia
(The Moscow Times, 24.Apr.2019) — Reuters has corrected a story it published on April 18 saying Venezuela is funneling cash flow from oil sales through […]
Venezuela’s April Crude Exports Rise To 955,000 b/d After Blackouts
(S&P Global Platts, 24.Apr.2019) — Venezuela’s state-owned PDVSA is set to export 955,000 b/d of crude in April, up from 843,000 b/d in March, when […]
Ecuador President Mandates Merger of Petroamazonas And Petroecuador
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) — Ecuador’s President Lenin Moreno mandated on 24 April 2019 initiation of a process to merge oil companies Petroamazonas […]
PDVSA Says Morichal Electric Generation Plant Back In Service
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) — PDVSA’s Carabobo Division of the Hugo Chávez Orinoco Oil Belt, or Faja, started up the TG200 turbogenerator at […]
New Chief Vows To Keep Petrobras Free From Political Meddling
(Ft.com, Bryan Harris and Andres Schipani, 24.Apr.2019) — Castello Branco knows Brazil oil group needs to show autonomy to regain investor trust. Roberto Castello Branco, […]
Shell Strikes Big Oil In Blacktip Well Of Gulf Of Mexico
(Reuters, 24.Apr.2019) — Royal Dutch Shell’s U.S. unit said on Wednesday that it had made one of its biggest oil discoveries in the Blacktip deepwater […]
Canadian Solar To Sell 483-MW Project Portfolio In Brazil
(Renewables Now, 24.Apr.2019) — Canadian Solar Inc has reached a deal to sell an 80% stake in a 482.6-MWp portfolio of contracted Brazilian solar projects […]
Debt Ghosts Rattle Argentina’s Push For Shale Greatness
(Bloomberg, Alix Steel and Jonathan Gilbert, 24.Apr.2019) — To replicate the kind of shale boom taking place in America’s Permian Basin, Argentina first needs to […]
PDVSA Says Oilfield Power Generator Activated After Blackouts
(Reuters, 24.Apr.2019) — Venezuela’s state-run oil company PDVSA on Wednesday said it had activated a power generator that would allow for an increase in crude […]
Venezuela Imports Crude For The First Time In Five Years
(Bloomberg, Lucia Kassai, 24.Apr.2019) — Oil production in Venezuela has dipped so low that the owner of the world’s largest reserves is importing crude for […]
Bolivia Gas Production: “Increasingly Smaller, Increasingly Expensive”
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 23.Apr.2019) — Bolivia’s production of natural gas reached 36 million cubic meters per day (MMcmd/) in March […]
Talos Energy To Announce 1Q:19 Results May 8, 2019
(Talos, 23.Apr.2019) — Talos Energy Inc. intends to release first quarter 2019 results for the period ended March 31, 2019 on Wednesday, May 8, 2019 […]
Murphy Oil Dives Into Deepwater GOM With $1.6bn LLOG Bluewater Deal
(WoodMac, 23.Apr.2019) — Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, […]
Mexico’s 1P Reserves Down Substantially Versus 20 Years Ago
(Energy Analytics Institute, Jared Yamin, 23.Apr.2019) — Mexico’s combined proved crude oil and natural gas reserves (1P) have dwindled down to 7.9 billion barrels of […]
Argentina’s Vaca Muerta Formation Produces 35% Of Country’s Natural Gas
(Energy Analytics Institute, Aaron Simonsky, 23.Apr.2019) — Argentina’s Vaca Muerta formation currently accounts for close to 35% of Argentina’s natural gas production and 15% of […]
SAExploration Announces New $25mn Ocean-Bottom Marine Project In Brazil
(SAExploration, 23.Apr.2019) — SAExploration Holdings, Inc. (SAE) announced a new deep-water ocean-bottom marine project award in Brazil for a major international oil company valued at […]
Phoenix Global Announces Departure Of CEO Anuj Sharma
(Phoenix, 23.Apr.2019) — Phoenix Global Resources plc announces that Mr. Sharma has served a notice on the company, which the company is treating as a […]
On South America’s Largest Solar Farm, Chinese Power Radiates
(Reuters, Cassandra Garrison, 23.Apr.2019) — In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered […]
Pemex Head Says Fuel Theft In April 2019 Down 98% Since November 2018
(Energy Analytics Institute, Jared Yamin, 22.Apr.2019) — The illegal theft of combustible in Mexico is down 98% since November, announced Pemex General Director Octavio Romero […]
Petrobras Says Daily Gasoline And Diesel Prices Available On Website
(Petrobras, 22.Apr.2019) — Petrobras informs that as of today, the daily prices of gasoline and diesel in each of its points of sale throughout the […]
LatAmNRG Bolivia Briefs: Ammonia-Urea Production, NPK Fertilizer
(Energy Analytics Institute, Ian Silverman, 22.Apr.2019) — Heard on the street and LatAmNRG briefs related to Bolivia and rising production in 2019 from the Cochabamba […]
Bolivia Eyes Exporting LNG Through Argentina, Importing Crude
(S&P Global Platts, 22.Apr.2019) — Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude […]
Mexico’s Oil Production In April 2019 Down 1% M-O-M, Down 10% Y-O-Y
(Energy Analytics Institute, Jared Yamin, 22.Apr.2019) — Mexico’s oil production continues to trend downward, according to recent data revealed by government officials. Oil production is […]
McDermott Awarded Petrochemicals Contract In Kuwait
(McDermott, 22.Apr.2019) — McDermott International, Inc. and Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), today announced that KIPIC has […]
Oil Cos, Service Providers Establish Footholds In Guyana
(Stabroek News, 22.Apr.2019) — Since ExxonMobil’s oil discoveries offshore Guyana, a number of global oil majors and oil support companies have established their presence here, […]
Gazprom Eyeing Gas Project In Argentina
(TASS, 22.Apr.2019) — Gazprom considers the possibility of acquiring a stake in one of the key producing assets of Argentina’s YPF, the company said on […]
Why The Argentinian Shale Boom Isn’t Taking Off
(Oilprice.com Irina Slav, 22.Apr.2019) — The Vaca Muerta shale play in Argentina has been a hot spot in global oil and gas for the past […]
Sempra Completes $2.5Bn Divestiture Of Renewables, Non-Utility NatGas Assets
(Sempra, 22.Apr.2019) — Sempra Energy has completed the divestiture of its U.S. renewables business and non-utility natural gas storage assets, generating approximately $2.5 billion in […]
ExxonMobil Inks 20-year LNG Deal With Zhejiang Energy
(Exxon, 22.Apr.2019) — ExxonMobil said today that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. […]
Bolivia’s ENDE Authorized To Export Electricity To Argentina
(Energy Analytics Institute, Ian Silverman, 22.Apr.2019) — Bolivia’s National Electricity Company (ENDE by its Spanish acronym) has been authorized to operate in Argentina, which opens […]
Duke Finalizes Purchase Of 150MW Solar Project From Clearway Energy
(Duke, 22.Apr.2019) — Duke Energy Renewables, a subsidiary of Duke Energy, announced it has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, […]
7 Oil & Gas Problems That Mexico Must Solve
(Forbes, Jude Clemente, 21.Apr.2019) — 1. Since peaking in 2004, Mexico’s oil production has been sliced in half to below 2 million b/d Although nearly […]
Venezuela Seeks To Collect Some Oil Payments Via Rosneft
(Reuters, 19.Apr.2019) — The cash-strapped government is becoming increasingly reliant on the Kremlin. Venezuelan state oil company PDVSA has asked at least two of its […]
Petrobras Reports Resignation Of Member Of Board Member Antunes
(Petrobras, 18.Apr.2019) — Petrobras reports that Board member Jerônimo Antunes submitted his resignation from the Board of Directors of the company, as well as from […]
Czech Group Solek Start Work On 16.6 MWp Of PV Plants In Chile
(Renewables Now, 19.Apr.2019) — Czech solar developer Solek Group announced on Thursday its has started construction of three solar parks in Chile with a combined […]
Lee: Dragon Gas Deal Dead
(Trinidad and Tobago Newsday, Yvonne Webb, 19.Apr.2019) — Deputy political leader of the United National Congress, Pointe-a-Pierre MP David Lee, has said the Dragon gas […]
EP PetroEcuador Says 11 Fields Generated $6.2 Billion In 2018
(Energy Analytics Institute, Piero Stewart, 18.Apr.2019) — EP PetroEcuador announced that production of 400,974 barrels per day (b/d) in 2018 from 11 fields generated revenues […]
EP PetroEcuador Says Sacha Field Producing 70 Mb/d
(Energy Analytics Institute, Piero Stewart, 18.Apr.2019) — Crude oil production from Ecuador’s Sacha Field, operated by PetroAmazonas and located in the province of Orellana in […]
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
(Reuters, 18.Apr.2019) — All four Indian state-owned refiners that buy Iranian oil are confident of securing additional barrels from other producers, officials from the companies […]
Exclusive: Venezuela Skirts U.S. Sanctions By Funneling Oil Sales Via Russia
(Reuters, Marianna Parraga, 18.Apr.2019) — President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to […]