(Trinidad and Tobago Newsday, Julien Neaves, 26.Sep.2018) — Energy Minister Franklin Khan has assured there would be no disruption in fuel supply to the travelling […]
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.
PetroTal Provides Update On Peruvian Blocks 95 and 107
(PetroTal Corp., 26.Sep.2018) — PetroTal Corp. is increasing production from the Bretaña oil field on Block 95, as well as evaluating the Osheki prospect in […]
PetroTal Corp. Announces Intention for Secondary Quote of Common Shares
(PetroTal Corp., 26.Sep.2018) — PetroTal Corp. announced its intention to seek a secondary quotation of its common shares with their admission to trading on the […]
Bolivia to Launch Super Ethanol 92 in October 2018
(Energy Analytics Institute, Jared Yamin, 26.Sep.2018) — Bolivia is planning to launch a new ethanol: Super Ethanol 92. “Today, a decree was approved authorizing the […]
Pemex Plans up to 100,000 b/d of Light Crude Imports, Says CEO
(Reuters, David Alire Garcia, Marianna Parraga, 26.Sep.2018) — Mexican state-run oil company Pemex expects to begin importing up to 100,000 barrels per day of light […]
Petrobras, Equinor Ink 3-Year Deal for Wind Energy Projects
(Reuters, 26.Sep.2018) — Norway’s Equinor ASA and Brazil’s Petrobras agreed to jointly seek out offshore wind projects together for the next three years, executives from […]
Giving More Money to Pemex Could Hurt The Company
(Energy Analytics Institute, Ian Silverman, 25.Sep.2018) — Contrary to what is thought, investing in Pemex and increasing its production could weaken the oil company, since […]
PetroMonagas, PetroVictoria Rumored to Have Changed President
(Energy Analytics Institute, Ian Silverman, 26.Sep.2018) — The president of the two Venezuelan joint venture companies is rumored to have been changed, according to reports […]
Petrobras Cuts Gasoline Refinery Price After Pump Record
(Reuters, 24.Sep.2018) — Brazil’s state-owned oil company Petroleo Brasileiro SA said on Monday that it would cut the average price of gasoline at its refineries […]
Methane Fears Cloud Argentina’s Shale Oil And Gas Future
(Financial Times, Benedict Mander, 23.Sep.2018) — Green energy groups say huge shale oil and gas reserve is leaking greenhouse gases. Jorge Daniel Taillant used a […]
Unlocking the Potential of Argentina’s Oil and Gas Resources
(Chevron, Clay Neff, 23.Sep.2018) — ‘A stable and predictable business environment is essential to draw the investment capital needed,’ says Chevron Africa and Latin America […]
Argentina’s Conventional Oil and Gas Attract Explorers
(Ft.com, Charles Newberry, 23.Sep.2019) — Fresh discovery indicates life beyond Vaca Muerta. A few years ago, when the giant shale play of Vaca Muerta was […]
Bolivia’s Incahuasi Field Producing 8 MMcm/d of Natural Gas
(Energy Analytics Institute, Ian Silverman, 21.Sep.2018) — Bolivia’s President Evo Morales says natural gas production at the Incahuasi field, discovered in 2004, is currently eight […]
Bolivia’s Morales Says $165 Mln In Investments Planned for Incahuasi Field
(Energy Analytics Institute, Ian Silverman, 21.Sep.2018) — Bolivia’s President Evo Morales announced details of investments destined to boost natural gas production at the Incahuasi field, […]
Alvopetro Announces Gas Treatment Facility Construction in Bahia
(Alvopetro Energy Ltd., 21.Sep.2018) — Alvopetro Energy Ltd. announced award of the contract for the construction of its Natural Gas Treatment Facility in the state […]
Brazil Presidential Hopeful Vows to Create 2 Million Green-Energy Jobs
(Efe, 21.Sep.2018) — Environmentalist Marina Silva said on Friday that if elected next month as Brazil’s president, she will create 2 million jobs through programs […]
Solar Array Will Make Bogota Airport the Greenest in Latin America
(Efe, 21.Sep.2018) — El Dorado International Airport will become the greenest terminal in Latin America when an array of 10,369 solar panels enters operation next […]
Petrobras Bondholders Exchange $8.9 Bln Notes for Identical Paper
(Reuters, 21.Sep.2018) — Bondholders in Brazilian state-run oil firm Petroleo Brasileiro SA have accepted the exchange of about $8.9 billion of unregistered notes for identical […]
Pemex, Consortium Sign First Ever Pre-Unitization Agreement in Mexico
(Pemex, 20.Sep.2018) — Pemex and the Block 7 consortium signed the first ever pre-unitization agreement in Mexico. Petróleos Mexicanos (Pemex) and Talos Energy, as operator […]
Venezuela Doubles Down on Chinese Money to Reverse Crisis
(AP, 20.Sep.2018) — Venezuelan President Nicolas Maduro said Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down […]
Petrotrin Loses Board Member
(Trinidad and Tobago Newsday, Yvonne Webb, 20.Sep.2018) — Days before Petrotrin’s refining operation ceases and workers are retrenched, a member of the board who would […]
Energy Chamber Gives Thumbs Up to MOU Between Guyana, Trinidad
(Energy Analytics Institute, Ian Silverman, 20.Sep.2018) — The Energy Chamber of Trinidad and Tobago announced its agreement with an Memorandum of Understanding (MOU) signed between […]
OPEC’s Decade of Turmoil Leaves Cartel Seeking a New Way Forward
(Bloomberg, Christopher Sell, 20.Sep.2018) — A global recession, both $140 and $30 oil, the U.S. shale revolution, a market-share war, and output cuts. OPEC’s 60-year […]
Prime Minister Rowley And President Granger Sign Energy MOU
(Office of the T&T Prime Minister, 19.Sep.2018) — Prime Minister Dr the Honourable Keith Rowley and President of the Cooperative Republic of Guyana His Excellency […]
Pemex CEO Launches Management System at Cangrejera Petrochemical Complex
(Pemex, 19.Sep.2018) — The CEO of Petróleos Mexicanos, Carlos Treviño Medina, launched the Management Assessment System at the Cangrejera Petrochemical Complex, located in the state […]
Pemex Performs Earthquake Drill at 140 Facilities Across Mexico
(Pemex, 19.Sep.2018) — At 13:16 hours, on September 19th a massive, country-wide earthquake drill started and 140 Petróleos Mexicanos facilities participated simultaneously. This country-wide drill […]
Venezuela’s Retrogressing Economy — Exhibit 1, PDVSA
(Steve Hanke, Contributor to Forbes, 19.Sep.2018) — Two hallmarks characterize capitalist economies. Firstly, property is predominately in private hands. Consequently, goods and services are allocated […]
Mexico’s New President Should Postpone Oil Auctions: Former Pemex Official
(Reuters, Collin Eaton, 19.Sep.2018) — A former Petroleos Mexicanos board member said on Wednesday Mexican President-elect Andres Manuel Lopez Obrador has enough political support to […]
More Than TT$1 Billion in Compensation for Petrotrin Workers
(CMC, 19.Sep.2018) — The Trinidad and Tobago g overnment Monday said the compensation package for workers being laid off by the closure of the oil […]
President Moise Wants Full Transparency in PetroCaribe Probe
(CMC, 19.Sep.2018) — President Jovenel Moise has called on newly installed Prime Minister Jean-Henry Céant to ensure that there’s total transparency in the investigation regarding […]
New Corruption Scheme Revealed at PDVSA
(Prensa Latina, 19.Sep.2018) — The Public Prosecutor”s Office (MP) has revealed today a new corruption scheme in the state-run Petroleos de Venezuela (PDVSA), which has […]
Aker Solutions Wins Major Services Contract in Brazil
(Aker Solutions, 18.Sep.2018) — The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes […]
YPF Announce Settlement Of Previously Announced Tender Offer
(YPF, 18.Sep.2018) — YPF S.A. announced settlement of the previously announced tender offer to purchase for cash any and all of its outstanding 8.875% […]
Nicolas Maduro Says Venezuela to Double Oil Production
(Energy Analytics Institute, Piero Stewart, 18.Sep.2018) — Venezuela, the struggling OPEC producer, is now planning to double its production of crude oil, according to statements […]
Venezuela’s Maduro Says Relationship With China ‘Win-Win’
(Energy Analytics Institute, Piero Stewart, 18.Sep.2018) — In terms of bilateral cooperation, Venezuela and China are seeking a ‘win-win’ scenarios. “Relations with China are very […]
Expert Says Closure of Petrotrin Refinery Will Decimate Trinidad
(Trinidad Express, 17.Sep.2018) — Former Director of Energy Industries at Industrial, Jim Catterson, says closure of the Petrotrin refinery makes no economic sense. He said […]
Petrobras to Boost Oil Output in 2019, Cut Debt $10 Billion – CFO
(Reuters, Devika Krishna Kumar, Simon Webb, 17.Sep.2018) — Brazil’s state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to […]
Petrobras Aims To Cut Debt Further, Boost Oil Production In 2019
(OilPrice.com, Tsvetana Paraskova, 17.Sep.2018) — Brazil’s state-run oil firm Petrobras plans to shave another US$10 billion off its huge net debt and increase oil production […]
Bolivian Government Approves Bioethanol Made with New Blend of Additives
(Efe, 16.Sep.2018) — Bolivia gave the green light to the massive production of bioethanol to replace the importation of additives for gasoline and diesel fuel […]
EP Petroecuador Detects Illegal Connection at Shushufindi Refinery
(Energy Analytics Institute, Piero Stewart, 15.Sep.2018) — EP Petroecuador detected a clandestine connection in the liquids line of the northern section of the gas capture […]
Bolivia’s Morales Says Electricity Rates Will Not Rise
(Energy Analytics Institute, Ian Silverman, 15.Sep.2018) — Read my lips. Well, it wasn’t exactly like that. However, Bolivia’s President Evo Morales clarified that electricity tariffs […]
Barbados Hunting New Suppliers Following Closure of Petrotrin Refinery
(Jamaica Gleaner, 14.Sep.2018) — Barbados says it is holding discussions with a number of suppliers to replace the energy arrangements it had with oil refinery […]
Argentina Owes Bolivia $250 Million for Natural Gas Sales
(Energy Analytics Institute, Ian Silverman, 14.Sep.2018) — Argentina owes Bolivia $250 million, which corresponds to two-months of natural gas sales. “Hopefully they can honor the […]
PetroTal Announces Grant of Performance Share Units, Deferred Share Units
(PetroTal, 14.Sep.2018) — PetroTal Corp. granted performance share units (PSUs) and deferred share units (DSUs) to certain officers and directors of the company. PetroTal granted […]
Ecopetrol: Fracking Likely In Colombia, Business Prospects Are Positive
(Seeking Alpha, Dylan Quintilone, 14.Sep.2018) — Ecopetrol SA is a Colombian oil and gas company with headquarters in Bogotá, Colombia. The company is listed by […]
Argentine President Inaugurates Biogas-Fueled Electric Plant
(Efe, 14.Sep.2018) — President Mauricio Macri inaugurated on Friday a biogas-fueled electric plant in the Argentine province of Cordoba that he said will supply energy […]
Snapshot: Kosmos Energy Explores New Basin Potential in Suriname
(Energy Analytics Institute, Aaron Simonsky, 14.Sep.2018) — Kosmos Energy continues to explore new basin potential outside of Africa. In December 2011, Kosmos secured a position […]
PetroTal Seeks Exploration Partner for the Osheki Prospect in Peru
(Energy Analytics Institute, Aaron Simonsky, 13.Sep.2018) — PetroTal Corp. is seeking joint venture partners to drill the first exploration well by the fourth quarter 2019 […]