(GeoPark, 3.Jun.2019) — GeoPark Limited announced the flowline connecting the Llanos 34 block (GeoPark operated, 45% WI) to the Oleoducto de los Llanos (ODL), one of Colombia’s principal pipelines, is […]
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.
Mexico Initiates Construction Of The Dos Bocas Refinery
(Energy Analytics Institute, Jared Yamin, 2.Jun.2019) — Mexico initiated construction activities related to the Dos Bocas Refinery, the country’s President Andrés Manuel López Obrador President announced via a social media […]
Mexico Moving Forward With Dos Bocas Refinery Construction In Tabasco
(Energy Analytics Institute, Jared Yamin, 2.Jun.2019) — Mexico’s President Andrés Manuel López Obrador reiterated his decision to build the new Dos Bocas Refinery and continue with the planned modernization of […]
YPF Prepares First Shipment Of Liquefied Natural Gas From Argentina
(Reuters, 2.Jun.2019) — Argentine oil company YPF SA said on Sunday that it began loading the first shipment of liquefied natural gas (LNG) for export from Argentina. The shipment includes […]
Mexico Is Our Most Important Natural Gas Export Market
(Forbes, Robert Rapier, 2.Jun.2019) — Last week the Trump Administration announced plans to impose a 5% tax on all goods imported from Mexico unless “the illegal migration crisis is alleviated.” […]
JHI And Mid-Atlantic Verify Details Of Canje Block In Guyana
(JHI Associates, 1.Jun.2019) — JHI Associates, Inc. and Mid-Atlantic Oil & Gas, Inc. (MOGI) provided details concerning award of the Canje Block offshore Guyana in 2015. As a statement of […]
LatAmNRG Q&A: Latina Women In Energy And Stem, Junellie González Quiles
(Energy Analytics Institute, Jared Yamin, 1.Jun.2019) — Junellie González Quiles was born and raised in Puerto Rico. She studied at the Colegio Congregación Mitain Hato Rey, Puerto Rico before later […]
Hydraulic Fracturing
(JPT, Zillur Rahim, Saudi Aramco, 1.Jun.2019) — As gas development focuses more on tight and ultratight formations, the challenges to produce economically become diverse and more intense. One main challenge […]
TPHL Announces Conditional Term Loan Commitments Of Up To $720 Million
(TPHL, 31.May.2019) — Trinidad Petroleum Holdings Limited (TPHL) announced that in connection with its ongoing negotiations with a syndicate of financial institutions to enter into a new senior secured term […]
Cameron LNG Ships Out First Commissioning Cargo From LNG Plant
(Sempra, 31.May.2019) — Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has shipped the first commissioning cargo of liquefied natural gas (LNG) from the first liquefaction train […]
Bristow Inks Five Year Deal With BP
(Energy Analytics Institute, Jared Yamin, 31.May.2019) — Bristow Group Inc. signed a new deal with BP plc to support its North Sea operations. The contract, with a five year primary […]
BP Says Advancing Its Business In Trinidad And Tobago
(bptt, 31.May.2019) — BP’s Upstream chief executive Bernard Looney yesterday emphasized the company’s long-term commitment to Trinidad and Tobago during a meeting with the Honourable Prime Minister Dr Keith Rowley […]
Colombia Had 4th Greatest Loss Of Primary Rainforest Of Any Country In 2018
(Reuters, Anastasia Moloney, 31.May.2019) — Colombia is fighting a losing battle against the destruction of its rainforests in war-hit regions where the government remains weak, a Norwegian climate envoy said […]
ANH Says 22 Companies Qualified To Bid On 20 Oil Areas In Colombia
(ANH Colombia, 30.May.2019) — After having been validated by the firm ‘Gestión y AuditorÃa Especializada S.A.S., independent auditor, the National Hydrocarbons Agency of Colombia published the final list of investors […]
Frontera Energy Corporation BODs Declares Dividend
(Frontera, 30.May.2019) — Frontera Energy Corporation’s board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about July 17, 2019 to shareholders […]
LatAmNRG Bolivia Briefs: Petrobras Volumes, Investments In Lithium
(Energy Analytics Institute, Ian Silverman, 30.May.2019) — Heard on the street and LatAmNRG briefs related to Brazil’s Petrobras requesting lower natural gas volumes from Bolivia’s YPFB, investments to industrialize Bolivian […]
Guyana Says Oil Activity Offshore Is Unprecedented
(AP, 30.May.2019 ) — Guyana’s top energy official said Thursday that interest in oil drilling and development operations in the South American country is unprecedented. Department of Energy head Mark […]
Colombia Oil Auction Attracts 22 Qualified Bidders
(Reuters, 30.May.2019) — At least twenty-two companies are qualified to bid for new exploration contracts for 20 oil blocks in Colombia, the government said on Thursday, as the Andean country […]
Petrobras Says It Has Been Contacted By U.S. CFTC
(Reuters, 30.May.2019) — Brazilian state-run oil firm Petrobras has received a request for information from the U.S. Commodity Futures Trading Commission regarding the firm’s trading activities, the company said in […]
Brazil Govt, Petrobras Lobby Ahead Of Key Privatization Court Ruling
(Reuters, Ricardo Brito, 30.May.2019) — Brazilian state-run oil company Petrobras and sectors of the government are mobilizing in the lead-up to a Supreme Court session next week that could have […]
June 9 Provincial Election In Chubut, Argentina’s No. 2 Petro-Province
(Baker Institute, Mark P. Jones, 30.May.2019) — Chubut will elect its governor and the members of its provincial legislature for four-year terms on June 9. The pragmatic centrist Peronist governor […]
Canadian Solar Signs 1,800 MW Supply Deal With EDF Renewables North America
(Canadian Solar, 29.May.2019) — Canadian Solar Inc. announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high efficiency poly […]
CNR Snaps Up Devon’s Canada Assets In US$2.8 Billion Deal
(WoodMac, 29.May.2019) — Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy’s Canadian assets, marking the company’s seventh major acquisition since 2014. Taking into account […]
Guyana State Agency Reveals Details Of Oil Blocks Probe
(AP, Bert Wilkinson, 29.May.2019) — Guyana’s State Assets Recovery Agency said Wednesday it has launched an investigation into whether corruption played a role in the previous government’s 2015 decision to […]
Scoot Awarded Permit To Operate Ebikes In Santiago, Chile
(Scoot, 28.May.2019) — Scoot, the original shared electric vehicle company, is launching their new shared ebike in the Las Condes district of Santiago, Chile. At a joint press event this […]
Tanker Sabotage: Venezuela’s Crisis Worsens
(Oilprice.com, Tsvetana Paraskova, 28.May.2019) — Tankers carrying gasoline and ships transporting food for Venezuela were sabotaged last week to prevent them from reaching Venezuela, Nicolas Maduro said in a televised […]
Energy Exports Help Laredo To Become Top U.S. Trade Hub
(Chron.com, Sergio Chapa, 28.May.2019) — Booming energy exports and shifting patterns in international commerce have made the Port of Laredo the nation’s top center for trade, supplanting the longtime leader, […]
Mexico Charges Former Oil Official With Bribery In Anticorruption Drive
(New York Times, Kirk Semple and Azam Ahmed, 28.May.2019) — The administration of President Andrés Manuel López Obrador of Mexico has launched its first major anticorruption prosecution, delivering on a […]
Petrobras Starts Teaser For 27 Onshore Fields In EspÃrito Santo
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Brazil’s state oil and gas entity Petrobras started the opportunity disclosure phase or Teaser, related to divestment of its total equity interest in […]
Kamla Slams Trinidad Prime Minister’s 10-Day Energy Trip
(LoopTT, 27.May.2019) — Opposition Leader Kamla Persad-Bissessar on Monday slammed the Prime Minister’s 10-day energy trip, accusing him of meddling in the energy affairs of Trinidad and Tobago. In a […]
Braskem BODs OKs $101mn Corruption Settlement
(Reuters, 27.May.2019) — The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to settle its involvement in the […]
Petrobras Sets June Deadline For Liquigas Non-Binding Offers: Source
(Reuters, Carolina Mandl, 27.May.2019) — Brazilian state-controlled oil company Petroleo Brasileiro SA has set a June 7 deadline to receive non-binding proposals for its liquefied petroleum gas (LPG) distribution unit […]
LatAmNRG Colombia Briefs: Caño Limón-Coveña Pipeline, Ecopetrol Data Room
(Energy Analytics Institute, Piero Stewart, 27.May.2019) — Heard on the street and LatAmNRG briefs related to another oil spill along the Caño Limón-Coveña pipeline and this time in La Gloria […]
Fitch Ratings Revises Ecopetrol Outlook To Negative From Stable
(Energy Analytics Institute, Piero Stewart, 27.May.2019) — Rating agency Fitch revised the outlook for Colombia’s state oil company to Negative from Stable, stating the adjustment made to the Colombia’s Sovereign […]
Argentina’s Environmental Prosecutor Expects More Oil Samples From Añelo Plant
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Argentina’s Environmental Crimes prosecutor Maximiliano Breide Obeid anticipates more samples will be taken from Treater’s oil waste plant located in Añelo in Argentina. […]
Petrobras Not Yet Summoned On Injunction Decision To Suspend TAG
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Petrobras, responded to recent news published in media, says it hasn’t yet been summoned of the injunction issued by Supreme Court Judge Edson […]
Why Venezuela, The Country With The World’s Largest Oil Reserves Its Short Of Petrol
(CNN, Stefano Pozzebon, 26.May.2019) — For many Venezuelans, oil is a birthright in the country blessed with the largest crude reserves in the world. Despite wild hyperinflation, Venezuela’s government has […]
Trinidad And Tobago Doubles Down On Gas Production
(Oxford Business Group, 25.May.2019) — On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that T&T would slip into a recession. In […]
LatAmNRG Argentina Briefs: YPF Gas Exports, Shell Dumping, Phoenix Global
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — Heard on the street and LatAmNRG briefs related to the state entity YPF’s plans to ship natural gas to Chile through May 2020, […]
LatAmNRG Bolivia Briefs: YPFB And Shell Deal For Yapucaiti X 1 Well
(Energy Analytics Institute, Ian Silverman, 24.May.2019) — Heard on the street and LatAmNRG briefs related to YPFB being the withholding agent for transport carriers in Chaco, and YPFB and Shell […]
LatAmNRG Q&A With ANH Colombia: Exploratory Drilling To Start In 2H:20
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Colombia’s Hydrocarbons […]
Trinidad Petroleum Holdings Limited Announces Extension Of Expiration Date
(TPHL, 24.May.2019) — Trinidad Petroleum Holdings Limited announced the expiration date has been extended until 5:00 p.m., New York City time, on June 14, 2019, unless extended or earlier terminated […]
Staatsolie Inks PSC For Suriname’s Nickerie Block
(Staatsolie, 24.May.2019) — Staatsolie Maatschappij Suriname N.V. and Decker Petroleum Marketing Co. LTD, from Trinidad, signed the production sharing contract (PSC) for the Nickerie block on 24 May 2019. Decker […]
Canacol Energy: 42% FFO Jump, Poised To Grow Further
(Seeking Alpha, Vasily Zyryanov, 24.May.2019) — Canacol Energy, Toronto-listed and Colombia-focused natural gas producer, has recently presented its Q1 results and impressed investors with robust revenue and a 42% funds […]
Sociedad QuÃmica Y Minera De Chile S.A. Reiterates Business Strategy
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — Sociedad QuÃmica y Minera de Chile S.A. (SQM) announced that is business strategy is to be a global company, with people committed to […]
Canadian Solar Finalizes Sale Of Aguascalientes Solar Project To BlackRock Fund
(Canadian Solar, 23.May.2019) — Canadian Solar Inc. completed the sale of its 68 MWp Aguascalientes solar project in Mexico to BlackRock Infrastructure Fund II. Canadian Solar developed, arranged construction and […]
Sociedad QuÃmica y Minera de Chile Reports 1Q:19 Earnings
(SQM, 23.May.2019) — Sociedad QuÃmica y Minera de Chile S.A. reported earnings today for the three months ended March 31, 2019 of US$80.5 million (US$0.31 per share), a decrease from […]
First Small-Scale Waterside LNG Production Facility In The U.S. Is Operational
(JAX LNG, 23.May.2019) — JAX LNG, a liquefied natural gas facility located at Dames Point in Jacksonville, Florida, held a ribbon-cutting ceremony May 16 to signify the official start-up of […]
McDermott Says Freeport LNG Production to Start in 1Q:20
(Energy Analytics Institute, Jared Yamin, 23.May.2019) — McDermott International, Inc. reiterated its earlier notified schedule for the Freeport LNG project in Freeport, Texas. As disclosed on 29 April, the company […]
Shell Trinidad And Tobago Commits To STOW Charter With The Energy Chamber
(Energy Chamber, 23.May.2019) — On Thursday 9th May, 2019, Mr. Derek Hudson, Vice President and Country Chair of Shell Trinidad and Tobago Limited, signed the Safe to Work (STOW) Charter, […]