(S&P Global Platts, 10.Apr.2019) — Colombia could use its oil expertise to assist in, and benefit from, the secondary recovery of Venezuela’s heavy crude production, […]
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.
Peru Cuts Gas Reserves, CNPC Block On Hold
(Argus, 10.Apr.2019) — Peru’s natural gas reserves declined after the energy ministry reclassified the potential of Chinese state-owned CNPC’s block 58 from proven/probable reserves to […]
Brazil To Pay Petrobras $9B In Oil Contract Settlement
(SeekingAlpha, Carl Surran, 10.Apr.2019) — Brazil’s government will pay $9.06B to Petrobras for revising the contract for the transfer of rights area, Energy Minister Albuquerque […]
US Acknowledges Guyana’s Right To Renegotiate Exxon Deal If It So Chooses
(Stabroek News, 10.Apr.2019) — The United States acknowledges that it is within Guyana’s sovereign right to renegotiate the controversial Production Sharing Agreement (PSA) between the […]
Mexico Would Consider State Gas Stations In Push For Fair Prices
(Reuters, 9.Apr.2019) — Mexico’s President Andres Manuel Lopez Obrador said on Tuesday he would consider creating a chain of government gas stations if existing fuel […]
Mexican President Warns Retailers: Keep Gas Prices In Check
(Oilprice.com, Tsvetana Paraskova, 9.Apr.2019) — The Mexican government may consider creating a small network of gas stations that would sell gasoline at lower, “fair prices”, […]
Brazil’s Petrobras Announces Final Tender Results
(Petrobras, 9.Apr.2019) — Petrobras announced the final results of its previously announced debt tender offers (the “Waterfall Offers”). As of 11:59 p.m., New York City […]
Argentina Sees Steady Growth In Light Crude Exports From Vaca Muerta
(S&P Global Platts, 9.Apr.2019) — Argentina’s state-led YPF is preparing a shipment of light crude from Vaca Muerta, a trend the federal government expects to […]
Petrobras Informs On Sale Of Liquigás: Publication Of The New Teaser
(Petrobras, 9.Apr.2019) — Petrobras, following up on the press release disclosed on 04/05/2019, regarding the competitive sale process of 100% of Liquigás Distribuidora SA, informs […]
TechnipFMC Inks Significant Subsea Deal For The Lapa Pre-Salt Field In Brazil
(Energy Analytics Institute, Aaron Simonsky, 9.Apr.2019) — TechnipFMC said it has been awarded a significant contract for the Lapa field by Total E&P do Brasil […]
Petrobras Updates On National Council of Energy Policy (CNPE)
(Petrobras, 9.Apr.2019) — Petrobras informs that became aware of the CNPE announcement regarding the revision of the Transfer of Rights Agreement in reference to their […]
Texas’ Pete Olson Calls For Maduro To Release Citgo 6
(The Katy News, 8.Apr.2019) — Rep. Pete Olson (TX-22) issued the following statement calling on the Maduro regime to release the six Citgo executives, five […]
KBR Awarded Pre-FEED Contract For BP’s Greater Tortue Ahmeyim Project
(KBR, 9.Apr.2019) — KBR, Inc. announced that BP has awarded KBR’s UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BP’s […]
Nigeria Advised To Emulate Trinidad And Tobago In Gas Utilization
(African News Network, 9.Apr.2019) — Nigeria has been advised to emulate the way Trinidad and Tobago develops and utilizes gas resources for the benefit of […]
AES Gener Announces Expiration And Final Tender Results
(AES, 8.Apr.2019) — AES Gener S.A. announced the final results of the previously announced offer to purchase for cash (the “Tender Offer”) of any and […]
Repsol And Petro-Peru Raise Fuel Prices Again In Peru
(Energy Analytics Institute, Ian Silverman, 8.Apr.2019) — Repsol and Petro-Peru released details of their new fuel prices over the weekend. According to the details, fuel […]
Ecuador’s Oil Production Climbs To 522 Mb/d In March 2019
(Energy Analytics Institute, Piero Stewart, 8.Apr.2019) — Ecuador’s production of crude oil rose to 522 Mb/d in March 2019 compared to 519 Mb/d in February […]
Shell Invests In Nature In Move To Tackle CO2 Emissions
(Shell, 8.Apr.2019) — Carbon-neutral driving launch in the Netherlands complements investments in new electric vehicle charge points. Reforestation partnerships announced in the Netherlands and Spain […]
Argentina’s Incumbent Political Party Wins Rio Negro Oil Province Election
(S&P Global Platts, 8.Apr.2019) — The incumbent political party in Rio Negro, an oil province in Argentina, won the re-election on Sunday; a result that […]
La Banderita Wind Farm Starts Operations In La Pampa
(Energy Analytics Institute, Aaron Simonsky, 8.Apr.2019) — With entry into commercial operation of the La Banderita wind farm in La Pampa, there are currently already […]
Oil Pipeline Explodes In Mexico Sending Flames Shooting 16ft Into The Sky
(Mailonline, Stefan Boscia, 8.Apr.2019) — An oil pipeline has exploded in the Mexican city of Leon in the aftermath of a botched attempt to steal […]
KBR Adds BHGE To Development Of Mid-Scale LNG Reference Design
(KBR, 8.Apr.2019) — KBR, Inc. announced it has selected Baker Hughes, a GE company, as part of the ongoing development of KBR’s standardized mid-scale Liquefied […]
Knowledge Exchange Spurs China-Argentina Infrastructure Projects
(Xinhua, 8.Apr.2019) — Knowledge exchange between Chinese and Argentine technicians spurs large-scale joint infrastructure projects within the framework of the Belt and Road Initiative (BRI), […]
Chile, India, And Jordan Set The Green Standard
(The Christian Science Monitor, Timmy Broderick, 8.Apr.2019) — Solar panels, wind turbines, geothermal vents – all three are technologies that were once solely the province […]
Enel Green Power Switches On 86-MW Solar Plant In Colombia
(Renewables Now, 8.Apr.2019) — Italian energy major Enel SpA inaugurated on Friday an 86.2-MW solar photovoltaic (PV) farm in Colombia’s Cesar department. The company’s local […]
Students Put Energy Efficient Cars To The Test At Shell Eco-marathon Americas
(Shell, 7.Apr.2019) — Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title […]
Neuquén Holds 73% Of Argentina’s Recoverable Shale Gas
(Energy Analytics Institute, Pietro D. Pitts, 7.Apr.2019) — Argentina contains the second largest recoverable non-conventional natural gas resources in the world with 802.2 trillion cubic […]
Siderúrgica Del Mutún Eyes Exporting 150,000 Tons Of Iron To Mainly Argentina
(Energy Analytics Institute, Ian Silverman, 29.Apr.2019) — Siderúrgica del Mutún (ESM by its Spanish acronym) exported 20,000 tons of Bolivian iron to Argentina in the […]
Pemex Said Not To Issue Debt Over the Medium-Term
(Energy Analytics Institute, Jared Yamin, 30.Apr.2019) — Petróleos Mexicanos (Pemex) will not return to financial markets to issue debt over the medium term because spreads […]
LatAmNRG Colombia Briefs: El Paso Solar Park, Seeking Electricaribe Investors
(Energy Analytics Institute, Piero Stewart, 5.Apr.2019) — Heard on the street and LatAmNRG briefs related to Colombia an inauguration of the 86.2 megawatt El Paso […]
New U.S. Sanctions Seek To Block Venezuelan Oil Shipments To Cuba
(NYT, Annie Karni and Nicholas Casey, 5.Apr.2019) — The Trump administration announced on Friday its latest round of economic sanctions against the government of President […]
YPFB President Says Incahuasi-5 Well To Add 3.5 MMcm/d Of NatGas Output
(Energy Analytics Institute, Ian Silverman, 5.Apr.2019) — Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) President Oscar Barriga says the Incahuasi-5 well, located 250 kilometers southwest of Santa […]
Petrobras Announces TAG Sale Offer
(Petrobras, 5.Apr.2019) — Petrobras informs that, in the scope of the competitive sale process of 90% of Transportadora Associada de Gás SA (“TAG”), ENGIE group, […]
ENN Signs Heads Of Agreement Of Sales With Woodside Energy
(ENN Group, 5.Apr.2019) — ENN has signed a Heads of Agreement (HOA) with Woodside Energy for the procurement of 1.0 million tonnes of LNG per […]
Ecopetrol Files Form 20-F For Fiscal Year 2018
(Ecopetrol, 5.Apr.2019) — Ecopetrol filed its annual report under Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and Exchange […]
Indigo Natural Resources LLC Provides Operational Update
(Indigo, 4.Apr.2019) — Indigo Natural Resources LLC, a privately-owned natural gas and natural gas liquids company with assets in the Haynesville Shale, the Bossier Shale […]
Venezuela flaring nearly 2 Bcf/d of gas as oil production falls
CARACAS, VENEZUELA (Pietro D. Pitts, Energy Analytics Institute, 4.Apr.2019, Words: 280) — Venezuela, home to the world’s largest oil reserves and one of Latin America’s […]
New Reference Price For Jet A-1 Fuel In Uruguay
(Energy Analytics Institute, Aaron Simonsky, 4.Apr.2019) — Uruguay will establish a new reference price for its Jet A-1 fuel as part of an initiative to […]
Argentina Energy 2019: Oil & Gas, Lithium and Energy Transition
(Institute of the Americas, 4.Apr.2019) — On March 27-28, the Institute of the Americas convened its annual Energy Roundtable in Buenos Aires with the participation […]
Phoenix Awarded Concession At Puesto Rojas Block In Argentina
(Phoenix, 4.Apr.2019) — Phoenix Global Resources plc has been granted an unconventional concession for its Puesto Rojas block in Mendoza province. The company has been […]
Venezuela Blackouts Cut Oil Output by Half During March
(Bloomberg Fabiola Zerpa, 4.Apr.2019) — Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, […]
Turkish Ship Company Is Transporting Venezuelan Crude
(Argus, 4.Apr.2019) — Turkey-based Gungen is one of a handful of shipowners that continues to transport Venezuelan crude oil after the US levied sanctions on […]
Q&A: Mexico Oil Regulator Says Slow Wins The Race
(Argus, 4.Apr.2019) — Mexico’s oil regulator CNH administers more than 100 contracts for oil and natural gas exploration and production (E&P) that will attract $161bn […]
LatAmNRG Bolivia Briefs: Gas Sector Dependence, Moody’s ‘Ba3’ Rating
(Energy Analytics Institute, Ian Silverman, 3.Apr.2019) — Heard on the street and LatAmNRG briefs related to Bolivia and the country still being highly dependent on […]
Repsol, Exxon and Ecopetrol Enter Into Colombian Exploration Contracts
(Energy Analytics Institute, Piero Stewart, 3.Apr.2019) — Colombia’s National Hydrocarbon Agency (ANH) announced that Ecopetrol, Repsol Exploración Colombia S.A., and ExxonMobil Exploration Colombia Ltd signed […]
LatAmNRG Paraguay Briefs: PDVSA-Petropar Case, Troche Plant Appointment
(Energy Analytics Institute, Ian Silverman, 3.Apr.2019) — Heard on the street and LatAmNRG briefs related to a tribunal’s decision to temporarily suspend a process between […]
Hocol Reports Gas Find At Arrecife-1ST Well In Colombia
(Energy Analytics Institute, Piero Stewart, 3.Apr.2019) — Hocol, a company of Ecopetrol Group, announced a new natural gas discovery at its Arrecife-1ST well located in […]
IGU Releases 2019 World LNG Report As Global Trade Continues To Grow
(IGU, 2.Apr.2019) — The International Gas Union (IGU) released its 2019 World LNG Report – an annual, in-depth analysis of the current state of the […]
Sempra Gets Licenses To Export US LNG Out Of Mexico
(Argus, 2.Apr.2019) — The US Department of Energy (DOE) has authorized the Energia Costa Azul (ECA) LNG export project in northwest Mexico to re-export US […]