ENERGY ANALYTICS INSTITUTE (EAI), Author at Editores LatinPetroleum

Contrasting Cases Of Energy Dependence: Venezuela and Trinidad and Tobago

(NACLA, Zophia Edwards and Timothy M. Gill, 14.May.2019) — Trinidad and Tobago used to be as dependent on oil as Venezuela. So why hasn’t its economy suffered similar levels of […]

Sempra Energy Starts Production At Train 1 Of Cameron LNG Facility

(Sempra, 14.May.2019) — Sempra Energy announced that Cameron LNG has begun producing liquefied natural gas (LNG) from the first liquefaction train of the Cameron LNG export project in Hackberry, La. […]

Mexico’s Rising Oil Nationalism Faces Debt-Rating Crisis

(Reuters, Stefanie Eschenbacher and David Alire Garcia, 14.May.2019) — Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes […]

Venezuelan Oil Output Sinks To 500,000 B/D

(Argus, 14.May.2019) — Venezuela’s crude production has dropped to around 500,000 b/d as sluggish export loadings and replete storage force state-owned PdV to shut in wells, four company officials tell […]

Pompeo, Putin Could Decide Venezuela’s Fate

(Oilprice.com, Tsvetana Paraskova, 14.May.2019) — U.S. Secretary of State Mike Pompeo and Russian President Vladimir Putin are meeting on Tuesday to discuss various issues, including the fate of Venezuela and […]

Ensign Energy Expands Into Mexico, Bahrain And Kuwait With Trinidad Acquisition

(Energy Analytics Institute, Jared Yamin, 13.May.2019) — Ensign Energy Services acquired an 89.3% interest in Trinidad Drilling Ltd., which marks the largest such purchase in the company’s history, and adds […]

Madalena Starts Vaca Muerta Drilling On The Coiron Amargo Sur Este Block

(Madalena, 13.May.2019 ) — Madalena Energy Inc. has been informed by the operator of the Coiron Amargo Sur Este (CASE) block that a drilling rig was mobilized and commenced drilling […]

Asia

Arctech Launches 120-Module 2P Solar Tracker In Industry First Move

(Arctech, 13.May.2019) — Arctech Solar, a leading solar tracking and racking system provider, has launched its latest research achievement SkySmart-2, the industry’s first independent single-axis tracking system which introduces multiple […]

Equinor Boosts Stake In Caesar Tonga Field In Deepwater US GOM

(Equinor, 13.May.2019) — Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of […]

Readout Of Secretary Perry’s Visit To Bogota, Colombia

(Energy.gov, 13.May.2019) — Today, U.S. Secretary of Energy Rick Perry was in Bogotá, Colombia for the Concordia Americas Summit, a gathering of government and private sector leaders held to discuss […]

Petrobras Announces Teaser For Sale Of Breitener Energética S.A.

(Petrobras, 13.May.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser) relating to the sale of its 93.7% interest in Breitener Energética S.A. Breitener Energética has two […]

Colombia

Colombia Oil Reserves Up 9.9% In 2018; Gas Reserves Decline

(Reuters, 13.May.2019) — Colombia’s crude oil reserves were up 9.9% to 1.96 billion barrels at the end of last year, as efforts to increase exploration, production and reserves paid dividends […]

Tecpetrol Argentina Work Halted Until Security Issues Resolved

(Energy Analytics Institute, Aaron Simonsky, 13.May.2019) — The block where Tecpetrol conducts activities in Argentina can’t initiate operations until necessary security measures are completed and approved by Argentina’s Labor Sub-Secretary, […]

Delek’s US GOM Caesar Tonga Oil Acquisition Cancelled

(Globes, 12.May.2019) — One of the existing partners has exercised its first right of refusal on the rights in the Caesar Tonga oil field. The share price of Delek Group […]

Mexican Union Leader Shot Dead In Troubled Oil Refining City

(Reuters, 12.May.2019) — Unidentified gunmen shot dead a trade union leader in Mexico’s central city of Salamanca, authorities said on Sunday, the latest outbreak of violence in an area plagued […]

Could Emerging Oil State Guyana Become The Richest Nation In The World?

(Oilprice.com, Irina Slav, 12.May.2019) — A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to […]

Argentina Eyes Possible Start Of Vaca Muerta-Bahía Blanca Train Project In 2020

(Energy Analytics Institute, Aaron Simonsky, 12.May.2019) — Two train projects planned to connect Vaca Muerta with Bahía Blanca will most likely not start moving forward until 2020 due to a […]

YPF Transcript Of 1Q:19 Earnings Conference Call

(Thomson StreetEvents, 11.May.2019) — Edited Transcript of YPF SA earnings conference call or presentation Friday 10 May 2019. TEXT version of Transcript ============================== Corporate Participants ============================== * Diego Celaá YPF […]

Petrobras Updates On Divestment Of Liquigás: Start Of Non-Binding Phase

(Petrobras, 10.May.2019) — Petrobras, following up on the release dated 04/09/2019, announces the beginning of the non-binding phase related to the sale of Liquigás Distribuidora S.A. At this stage of […]

Petrobras Updates On Studies Related To Sale Of Shares By Caixa

(Petrobras, 10.May.2019) — Petrobras informs that it received the Official Letter No. 288/2019-SLS, which requests the following clarification:Official Letter nº 288/2019-SLS “Dear Gentlemen, In a news report issued by Agência […]

US Secretary Perry Attends 2019 Concordia Americas Summit

(US DOE, 10.May.2019) — On Monday, May 13, 2019, U.S. Secretary of Energy Rick Perry will travel to Bogotá, Colombia to participate in the 2019 Concordia Americas Summit. He is […]

SBM Offshore Awarded Contracts For ExxonMobil FPSO Liza Unity

(SBM, 10.May.2019) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase […]

Earnings Call Transcript For Petrobras’ 1Q:19 Results

(Motley Fool, 10.May.2019) — Brazil’s Petrobras reported first quarter 2019 earnings call transcript can be found below. Earnings Call Transcript For Petrobras’ 1Q:19 Results Contents: Prepared Remarks Questions and Answers […]

Pampa Energía Announces 1Q:19 Financial Results

(Energy Analytics Institute, Aaron Simonsky, 10.Apr.2019) — Pampa Energía S.A. reported financial results for the first quarter ended 31 March 2019. Pampa Energía S.A. is the largest independent energy integrated […]

Argentina’s Pampa Energía 1Q:19 Conference Call Details

(Energy Analytics Institute, Aaron Simonsky, 10.Apr.2019) — Argentina’s Pampa Energía S.A. announced it will host a conference call to discuss its 1Q:19 results on Tuesday 14 May 2019 at 10:00 […]

LatAmNRG Briefs: Pemex Dos Bocas, Bolivia Charges Persons In Drillmex Case

(Energy Analytics Institute, Jared Yamin and Ian Silverman, 9.May.2019) — Heard on the street and LatAmNRG briefs related to the Sener and Pemex moving forward with the Dos Bocas Refinery […]

Argentina’s Energy Secretariat Says La Amarga Chica Producing 13,000 B/D

(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) — Production of shale oil in La Amarga Chica area under the watch of YPF and partner Petronas reached 13,000 barrels per day on […]

Pemex To Build $8bn Oil Refinery As Mexico Scraps Tender Process

(Ft.com, Jude Webber, 9.May.2019) — Andrés Manuel López Obrador, Mexico’s president, has stepped up his commitment to an $8bn refinery project, rejecting three private sector bids as too costly and […]

WoodMac: Chevron Exits Bidding War For Anadarko

(WoodMac, 9.May.2019) — Chevron Corporation today announced that it would not offer a counter proposal to Occidental Petroleum’s rival bid to acquire Anadarko Petroleum. Earlier this week, Anadarko said it […]

Ancap says maintaining naphtha prices “difficult”

(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) — The rising price of crude oil and the dollar are making it difficult for Ancap to maintain naphtha prices, online media El Pais […]

Petrobras Throws Out Printers As CEO Focuses On Cost Cutting

(Bloomberg, Sabrina Valle and Peter Millard, 9.May.2019) — Soon after taking over as chief executive officer of Brazil’s state-controlled oil giant Petrobras, Roberto Castello Branco noticed that there was a […]

Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19

(Braskem, 8.May.2019) — Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% and 60% from 4Q18 and […]

Petrobras Exec Flags Production Boost During Second Quarter

(Reuters, 8.May.2019) — Oil and gas production at Petroleo Brasileiro SA is on the rise in the second quarter, and has been above 2.8 million barrels of oil equivalent per […]

SOL Petroleum To Shutter Businesses In Jamaica

(Jamaica Observer, Karena Bennett, 8.May.2019) — SOL Petroleum Jamaica Limited will shutter its lubricant and bunkering business across the island, effective June 30. The announcement comes six years after Simpson […]

CSI Compressco Announces 1Q:19 Results, Affirms Full Year Financial Guidance

(CSI, 8.May.2019) — CSI Compressco LP today announced first quarter 2019 consolidated financial results and provided updated 2019 full year guidance. Consolidated revenues for the quarter ended March 31, 2019 […]

Argentina And Uruguay To Invest $1,000 Million To Modernize Salto Grande Dam

(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — The governments of Argentina and Uruguay announced plans to invest $1,000 million in the modernization of the Salto Grande Dam situated over the […]

Talos Energy Conference Call And Webcast Information

(Talos, 8.May.2019) — Talos Energy Inc. will host a conference call, which will also be broadcast live over the internet, on Thursday, May 9, 2019 at 10:00 am Eastern Time […]

Talos Energy Reports 1Q:19 Financial, Ops Results On Mexico And US

(Talos, 8.May.2019) — Talos Energy Inc. today announced its financial and operational results for the first quarter of 2019 and an operations update. Key highlights include: — Production of 42.0 […]

LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident

(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina Basin in 15 months, Neuquén […]

YPFB And YPF Argentina Ink Upstream And Downstream Deals

(Energy Analytics Institute, Aaron Simonsky and Pietro D. Pitts, 7.May.2019) — YPFB and YPF Argentina signed strategic deals during discussions in Santa Cruz related to upstream and downstream activities in […]

Bolivia Launches New 87 Octane Gasoline In Cochabamba

(Energy Analytics Institute, Ian Silverman, 7.May.2019) — Bolivia sold a total 180,000 liters of its new gasoline — which has as a special anhydrous additive alcohol — through 35 petrol […]

YPF Luz Offers $75mn In Negotiable Obligations

(Energy Analytics Institute, Aaron Simonsky, 7.May.2019) — YPF Energía Eléctrica, also known as YPF Luz, offered $75 million in negotiable obligations on the Argentina stock exchange at an interest rate […]

Ecopetrol’s1Q:19 Earnings Call Transcript

(MotleyFool, 7.May.2019) — Attached is the first quarter 2019 earnings call transcript for Colombia’s state oil company Ecopetrol. Contents Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good […]

Petrobras Approves Shareholder Remuneration Payment

(Petrobras, 7.May.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest on equity, in the total […]

The Smithsonian Showcases The Historic ‘Green Book’

(Exxon, 7.May.2019) — From its first print run in 1936 to its final edition in 1966, “The Green Book” played a significant role in providing sanctuary for African-American travelers on […]

Sempra Energy Reports Higher 1Q:19 Earnings

(Sempra, 7.May.2019) — Sempra Energy today reported first-quarter 2019 earnings of $441 million, or $1.59 per diluted share, up from first-quarter 2018 earnings of $347 million, or $1.33 per diluted […]

JinkoSolar Supplies PV Modules To Solar Power Plant In Colombia

(JinkoSolar, 7.May.2019) — JinkoSolar Holding Co., Ltd., today announced JinkoSolar has supplied 250,000 Pieces of 345Watt – 1500V monocrystalline standard modules for one of the largest solar power plant in […]

Brazil’s Petrobras Launches New Investor Relations Website

(Petrobras, 7.May.2019) — Petrobras informsthat it launched a new InvestorRelations website, featuring an easier and more intuitive navigation and a modern layout, aligned with the best market practices on disclosure […]

What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector

(Woodmac, 7.May.2019) — Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s Asia Pacific experts weigh in […]

YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition

(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) — YPF announced it’s desire in acquiring Petrobras’ 34% interest in gas separator Mega, after the Brazilian company announced plans to divest its holding. […]