(ExxonMobil, 18.Apr.2019) — ExxonMobil said it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. […]
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.
Petrobras Confirms Extension Of Accumulation In Moita Bonita Area
(Petrobras, 18.Apr.2019) — Petrobras announces that it has completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known […]
Toyota To Build Corolla In Brazil That Will Run On Electricity, Ethanol And Gas
(Reuters, 17.Apr.2019) — Japan’s Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will […]
Brazil Sets October Oil Auction Signing Bonus Of $26.9 Bln – Minister
(Reuters, 17.Apr.2019 — Brazil’s government will require a signing bonus of 106 billion reais ($26.9 billion) in an Oct. 28 auction of excess oil from […]
Repsol Cuts Swap For Venezuelan Oil Under U.S. Pressure
(Reuters, Collin Eaton and Marianna Parraga, 17.Apr.2019) — Spain’s Repsol suspended its swaps of refining products for crude with Venezuela’s state-run oil company PDVSA, people […]
Shell Awards Contract To Halliburton For Offshore Project In Brazil
(Chron.com, Sergio Chapa, 17.Apr.2019) — Royal Dutch Shell has awarded a three-year contract to Houston oilfield service company Halliburton to explore and develop two projects […]
Petrobras Increases Diesel Price
(Petrobras, 17.Apr.2019) — Petrobras has decided to increase the diesel price by R$ 0.10/liter, which implies a minimum variation of 4.518% and a maximum of […]
Petrobras Informs About Studies Of Caixa Econômica Federal To Sell Its Shares
(Petrobras, 17.Apr.2019) — Petrobras says it has received correspondence from Caixa Econômica Federal informing that it is studying the possibility of selling shares that they […]
Trinidad PM Rowley: Pray For Oil
(Trinidad and Tobago News Day, Sean Douglas, 17.Apr.2019) — The Prime Minister has publicly implored prayerful citizens to pray for new deposits of oil to […]
BHP Petroleum Plans More Appraisal Drilling Off Mexico
(OGJ, Paula Dittrick, 17.Apr.2019) — BHP Petroleum plans additional appraisal drilling on Trion block offshore Mexico during this year’s second half, the company said in […]
Wintershall Expands Portfolio In Argentina
(WorldOil, 17.Apr.2019) — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part […]
BHP Encounters Hydrocarbons In Latest T&T Deepwater Well
(T&T Energy Chamber, 17.Apr.2019) — BHP has announced that it has found hydrocarbons in its latest deepwater well in Trinidad & Tobago’s deepwater block 23(a). […]
Majors Step Up To Bid On Argentina Offshore Acreage
(WorldOil, 17.Apr.2019) — Argentina’s first national offshore licensing round was held yesterday, April 16, 2019, in Buenos Aires. Of the 38 blocks offered in an […]
Altus Power Acquires 19 MW Operating Solar Portfolio
(Altus, 17.Apr.2019) — Altus Power America, Inc. completed the acquisition of a multistate operating portfolio of ground-mounted solar assets. The 19 megawatt (MW) DC portfolio […]
Premier Highlights Successful Well Test Of The Zama Discovery
(Premier, 16.Apr.2019) — Premier notes the press release by Talos Energy, the operator of Block 7 offshore Mexico, announcing the successful drill stem test (DST) […]
ExxonMobil Argentina Takes Three Blocks In Offshore Bid Round
(Exxon, 16.Apr.2019) — ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three […]
Exxon Mobil Wins Three Exploration Blocks Offshore Argentina
(Reuters, 16.Apr.2019) — U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks […]
Argentina Awards YPF Exploration Permit For Offshore E-1 Area
(Energy Analytics Institute, Pietro D. Pitts, 16.Apr.2019) — Argentina awarded state oil and gas producer YPF with an exploration permit for the E-1 area spanning […]
Qatar Petroleum Wins Exploration Rights In 5 Offshore Blocks In Argentina
(Qatar Petroleum, 16.Apr.2019) — Qatar Petroleum has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. The […]
WoodMac: Santos Makes Significant Gas Discovery At Corvus-2 Appraisal Well
(WoodMac, 16.Apr.2019) — Following Santos’ announcement on the confirmation of a significant gas resource at Corvus-2 appraisal well, Wood Mackenzie senior analyst Daniel Toleman commented […]
Santos Says Corvus-2 Appraisal Well Discovers Significant Resource
(Santos, 16.Apr.2019) — Santos announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western […]
LatAmNRG Argentina Briefs: TGS $330 Mln Investments, New IEASA President
(Energy Analytics Institute, Aaron Simonsky, 15.Apr.2019) — Heard on the street and LatAmNRG briefs related to TGS’ plans to invest $330 million in 2019 and […]
Cameron LNG Reaches Final Commissioning Stage Of First Liquefaction Train
(Sempra, 15.Apr.2019) — Sempra Energy announced that Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of the liquefaction-export project as […]
This New Oil Hotspot Is Replacing Venezuelan Crude
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers […]
Talos Energy Provides Update On Zama-2 STI Well Offshore Mexico
(Talos, 15.Apr.2019) — Talos Energy Inc. provided an additional update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s […]
Wigton Has Saved Jamaica $54 Million In Oil Imports
(JIS News, Serena Grant, 15.Apr.2019) — Minister of Science, Energy and Technology, Hon. Fayval Williams, says that Wigton Windfarm Limited has saved the Government expenditure […]
Fuel-Starved Haiti In Crisis As Venezuela Deal Dies
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The poorest nation in the Western hemisphere has seen its fuel supply increasingly challenged since a program designed by Venezuela […]
Bolivia’s Tarija Gas Region To Generate $2.7 Billion Through 2025
(Energy Analytics Institute, Ian Silverman, 14.Apr.2019) — Bolivia’s Tarija department is forecast to generate natural gas revenues of $2.7 billion through the end of 2025, […]
JPS Invests $25m In Storage Facility To Address Power Fluctuations
(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) — Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as […]
Chevron To Gain Anadarko’s Offshore Guyana Oil Assets After Takeover
(Stabroek News, 14.Apr.2019) — Guyana could see oil exploration activity in the ultra-deepwater region picking up pace in the near future with United States oil […]
Brazil To Auction Oil Camps Despite Environmental Warnings
(AP, Peter Prengaman and Mauricio Savarse, 13.Apr.2019) — The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite […]
LatAmNRG Colombia Briefs: OTA Pipeline Attack, Orca-1 Well
(Energy Analytics Institute, Piero Stewart, 12.Apr.2019) — Heard on the street and LatAmNRG briefs related to a new attack on the OTA pipeline, the Orca-1 […]
CNH Reports 6.9% Drop In Mexico’s Combined 1P Reserves
(Energy Analytics Institute, Jared Yamin, 12.Apr.2019) — Mexico’s National Hydrocarbons Commission (CNH by its Spanish acronym) announced the country’s combined proved (1P) natural gas and […]
Bolivia’s Gas Reserves To Double By 2025: Minister
(Argus, 12.Apr.2019) — Bolivian hydrocarbons minister Luis Alberto Sanchez predicts a jump in natural gas reserves as the country’s “year of exploration” gains momentum. “Results […]
Petrobras Updates On Diesel Price Readjustment
(Petrobras, 12.Apr.2019) — Petrobras informs that, in line with its strategy for diesel price readjustments, announced on 03/26/19, it revisited its hedge position and evaluated, […]
Permian Water Disposal Volumes To Double By 2022: Wood Mac
(Wood Mac, 12.Apr.2019) — Water disposal volumes in the Permian Basin are expected to double within the next two to three years, new analysis from […]
Petrobras Price Move Damages Bolsonaro’s Pro-Business Stance
(Bloomberg, Simone Preissler Iglesias and Sabrina Valle, 12.Apr.2019) — A conversation lasting less than 20 minutes was enough to put the neo-liberal credentials of Brazil […]
Ecopetrol Announces Dates For Colombian Ex-dividend Period
(Ecopetrol, 12.Apr.2019) — Ecopetrol S.A. announced that according to the regulation of the Colombia Securities Exchange, the Colombian ex-dividend period for Ecopetrol’s shares begins on […]
Chevron Buys Anadarko In $50bn Cash-And-Stock Deal
(WoodMac, 12.Apr.2019) — Commenting on Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, senior analyst, corporate analysis, said: “This is the biggest upstream deal […]
LatAmNRG Frontera briefs: Ralph Coffman, NorPeruano, Intracampos bid
HOUSTON, TEXAS (By Piero Stewart, Energy Analytics Institute, 11.Apr.2019, Words: 314) — Heard on the street and LatAmNRG briefs related to Frontera Energy Corporation and […]
Shell’s STEM Path To The Future
(Trinidad and Tobago News Day, Melanie Waithe, 11.Apr.2019) — Ever took a walk on the bottom of the sea, to see how natural gas is […]
Frontera Announces 1Q:19 Update On Colombia, Peru, Guyana, and Ecuador
(Frontera, 11.Apr.2019) — Frontera Energy Corporation announces a first quarter 2019 operational update. All values in this news release and the company’s financial disclosures are […]
To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico
(NYT, Elisabeth Malkin, 11.Apr.2019) — President Andrés Manuel López Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy […]
CNOOC Propels Development Of China’s LNG Industry At LNG2019
(CNOOC, 11.Apr.2019) — China National Offshore Oil Corporation (CNOOC), the country’s biggest offshore oil and gas producer, is proactive in facilitating the innovation of technology, […]
Delek Acquires Shell Deepwater Assets, Expanding E&P Footprint
(Wood Mac, 11.Apr.2019) — Delek Group has stepped out of the Gulf of Mexico shelf and into the deepwater, signing an agreement to acquire Shell’s […]
Enel Ups Stake In Chile Unit, Supports $3.5bn Capital Hike Plan
(Renewables Now, 11.Apr.2019) — Italian renewables-focused utility Enel SpA (BIT:ENEL) on Wednesday said it has concluded the purchase of an additional 4.62% stake in its […]
Ecopetrol President Says Colombia Gas Potential Between 14-64 Tcf
(Energy Analytics Institute, Piero Stewart, 10.Apr.2019) — Colombia’s natural gas potential — including onshore, offshore and non-conventional resources — is between 14 and 64 trillion […]
Vista Oil & Gas Releases Details Related To Shareholder’s Meeting
(Vista, 10.Apr.2019) — Vista Oil & Gas S.A.B. de C.V. announced details of the company’s Ordinary General Shareholders’ Meeting slated for 25 April 2019. Attached […]
PetroPerú President Says Final Cost Of Talara Refinery Is $5 Billion
(Energy Analytics Institute, Ian Silverman, 10.Apr.2019) — The inal cost of the Talara refinery in Peru is $5 billion, including $695 million in interest related […]
Lights Dimming On Big Oil In Venezuela
(Argus, Patricia Garip, 10.Apr.2019) — Darkness has befallen Venezuela in more than one sense, and incumbent oil companies are scrambling for a ray of light. […]