(Ecopetrol, 6.May.2019) â Ecopetrol S.A. announced today the Ecopetrol Group’s financial results for the first quarter of 2019, prepared in accordance with International Financial Reporting Standards applicable in Colombia. The […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
Oxyâs $8.8bn Total Deal âMay Soothe Anadarko Shareholder Jittersâ
(WoodMac, 6.May.2019) â In another bold move in its takeover battle with Chevron for Anadarko Petroleum, on 5 May said Occidental Petroleum entered into a binding agreement to sell Anadarkoâs […]
Tecpetrol Reports Death Of Two Contractors At FortĂn De Piedra Project
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) â Tecpetrol announced that an accident on 5 May 2019 at the CPF plant of its FortĂn de Piedra natural gas project in Argentina […]
ANCAP, MIEM Approve Regime For Open Uruguay Round
(ANCAP, 3.May.2019) â The Uruguayan National Oil Company (ANCAP) and the Ministry of Industry, Energy and Mining (MIEM), have formally approved the new Regime for the Selection of Oil Operating […]
Hess Sanctions Liza Phase 2 Development Offshore Guyana
(Hess, 3.May.2019) â Hess Corporation today announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase […]
CGX Energy And Frontera Energy Receive Approval Of Strategic JV From Guyana
(CGX, 3.May.2019) â CGX Energy Inc. and Frontera Energy Corporation announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two […]
Argentina To Inaugurate Loma Campana-Lago Pellegrini Oil Pipeline
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Argentina is set to inaugurate the Loma Campana-Lago Pellegrini pipeline. The pipeline has an extension of 88 kilometers and will allow for the […]
PDVSA’s Oil Exports Steady In April, Flow To Cuba Continues
(Reuters, Marianna Parraga, 3.May.2019) â Venezuelaâs state-run PDVSA exported 1.06 million barrels per day (bpd) of crude and refined products last month, an eight percent increase from March as the […]
Ecopetrol Updates Details of Farm-in To Saturno Block In Brazil
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Colombia’s state oil company Ecopetrol reportedly has updated on its farm-in in the Saturno block in Brazil. Partners in the block include: Ecopetrol […]
Wintershall DEA Names Manfred Böckmann To Head Argentina Unit
(Wintershall, 2.May.2019) â Wintershall Dea announced a change of leadership at Wintershall EnergĂa (soon to be Wintershall Dea Argentina). Manfred Böckmann took over the position of Managing Director in Argentina […]
LatAmNRG Bolivia Briefs: YPFB Investments 2019-2025; Gas Consumption Of 13 MMcm/d
(Energy Analytics Institute, Ian Silverman, 1.May.2019) â Heard on the street and LatAmNRG briefs related to Bolivia the land-locked country generating oil and gas revenues of estimated $37,484 million during […]
EP PetroEcuador Restarts Non-Catalytic Unit #1 At Esmeraldas Refinery
(Energy Analytics Institute, Piero Stewart, 1.May.2019) â EP PetroEcuador announced the restart on 1 May 2019 of operations at the non-catalytic unit #1 of its Esmeraldas refinery, the company announced […]
Noble Corporation plc Reports 1Q:19 Results
(Noble, 1.May.2019) â Noble Corporation plc today reported a net loss attributable to the Company for the three months ended March 31, 2019 (first quarter) of $71 million, or $0.29 […]
Pemex’s Net Income Falls 132.9% In 1Q:19 Vs 1Q:18, EBITDA Falls 16.6%
(Energy Analytics Institute, Pietro D. Pitts, 25.Apr.2019) â Mexicoâs state oil company Petroleos Mexicanos (Pemex) reported a net loss of 35.1 billion pesos ($1.8 billion) during the first quarter of […]
Peru Gives Tullow Oil Another Shot At Exploration
(Argus, 1.May.2019) â Peru reapproved a contract for UK-listed Tullow Oil to explore shallow-water block Z-64. This is Tullow’s second chance with the block, nearly a year after its original […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the sale to Chevron USA Inc. […]
BASF And LetterOne Finalize Merger Of Wintershall And DEA
(LetterOne, 1.May.2019) â LetterOne and BASF today announced the completion of the merger of their oil and gas businesses to create Wintershall Dea, the largest independent exploration and production company […]
Calling Students Ages 13-18 Years Old To Participate In Science And Math Contest
(Breakthrough, 1.May.2019) â The Breakthrough Prize Foundation announced today the launch of its fifth annual Breakthrough Junior Challenge, a global student science and mathematics competition designed to inspire creative thinking […]
McDermott Awarded EPC Contract By ENI México For Amoca Field Offshore
(McDermott, 30.Apr.2019) â McDermott International, Inc. announced the award of a contract by ENI MĂ©xico for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the […]
Petrobras Announces Release Date Of 1Q:19 Results
(Petrobras, 30.Apr.2019) â Petrobras will release 2019 first quarter results (1Q19) on May 7, after the closing of the market in Brazil (B3). On May 8 will be held two […]
Mexicoâs State Oil Entity Pemex Swings To Loss In First Quarter
(Reuters, Ana Isabel Martinez, 30.Apr.2019) â Petroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and crude output at the heavily-indebted […]
Pampa EnergĂa Files Annual Report On Form 20-F For Year Ended Dec. 31, 2018
(Pampa, 30.Apr.2019) â Pampa EnergĂa S.A., the largest independent energy integrated company in Argentina, with participation in the electricity and gas value chain, announces today it has filed its annual […]
Petrobras Presents Strategic Plan For Guyanaâs Oil And Gas Sector
(Stabroek News, 30.Apr.2019) â Representatives of the majority-state-owned Brazilian oil company, Petrobras yesterday presented a five-year strategic plan for Guyanaâs oil and gas industry, which includes technical assistance, export and […]
Oil Tops $73/bbl Then Pares Gains As Venezuela’s Maduro Claims Support
(Reuters, Collin Eaton , 30.Apr.2019) â Oil prices rose on Tuesday above $73 a barrel but then eased off the session high after Venezuela’s president Nicolas Maduro said military leaders […]
Pemex Results Swing To Loss In First Quarter
(Reuters, 30.Apr.2019) â Mexicoâs Pemex swung to a 35.7 billion peso ($1.8 billion) loss during the first quarter, as sales at the heavily-indebted state oil company slipped in comparison to […]
Brazil’s Petrobras Files Reference Form 2018
(Petrobras, 30.Apr.2019) â Petrobras reports that it filed today the Reference Form (âFormulĂĄrio de ReferĂȘnciaâ) for the financial year 2018 with the Securities and Exchange Commission of Brazil (ComissĂŁo de […]
Enel Américas Files 2018 Annual Report On Form 20-F
(Enel, 29.Apr.2019) â Enel AmĂ©ricas, announced today that its 2018 Annual Report on Form 20-F has been filed with the United States Securities and Exchange Commission on April 26, 2019. […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) â Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue to develop its business and […]
Ecopetrol Sets Date For 1Q:19 Earnings Report, Conference Call
(Ecopetrol, 29.Apr.2019) â Ecopetrol S.A. announces that on May 6, 2019 after market close, it will release its financial and operating results for the first quarter of 2019. On Tuesday, […]
LatAmNRG Mexico Briefs: Odebrecht Contracts, FMP Transfer, Oil Slide Halted
(Energy Analytics Institute, Jared Yamin, 27.Apr.2019) â Heard on the street and LatAmNRG briefs related to Mexico reviewing Odebrecht contracts, FMP transferring 115 billion pesos to Federal Treasury and Mexicoâs […]
Houses And Pipelines Associated With Pacific Refinery Uninsured
(Energy Analytics Institute, Piero Stewart, 27.Apr.2019) â Nearly 140 houses adjacent to an embankment intended to be used by the Pacific Refinery as well as a corresponding $334 million pipeline […]
Ecopetrol Reports Attack To OTA Pipeline In Casas FrĂas De Pupiales
(Energy Analytics Institute, Piero Stewart, 26.Apr.2019) â Colombiaâs state oil company Ecopetrol activated a contingency plan along the Trasandino Pipeline (OTA) after an attack on the installation occurred on 26 […]
Companhia Paranaense De Energia Files Form 20-F
(Copel, 26.Apr.2019) â Companhia Paranaense de Energia â COPEL, a company that generates, transmits, distributes and sells power, with shares listed on the NYSE (ELPVY, ELP), B3 (CPLE3, CPLE5, CPLE6) […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) â Petrobras announced that the Board of Directors, in a meeting held today, approved  new guidelines for the management of its asset portfolio. The guidelines are in line […]
Petronas Enters SPA with Petrobras for Stake in Tartaruga Verde Field
(Petronas, 26.Apr.2019) â Petronas through its subsidiary, Petronas PetrĂłleo Brasil Ltda. (PPBL) entered into a Sale and Purchase Agreement (SPA) with PetrĂłleo Brasileiro S.A. (Petrobras), Brazilâs petroleum multinational corporation, for […]
ANH President Discusses Projects At Colombiaâs Escuela Superior de Guerra
(Energy Analytics Institute, Aaron Simonsky, 26.Apr.2019) â Colombia National Hydrocarbon Agency President Luis Miguel Morelli presented âOffshore Exploration and Production Projectsâ during a discussion at Colombiaâs Military School “Escuela Superior […]
IDB Lends $600 Million To Aid Colombia Improve Energy Matrix
(Renewables Now, 26.Apr.2019) â The Inter-American Development Bank (IDB) announced on Thursday it will give Colombia a USD-600-million (EUR 538.9m) loan to diversify and improve its energy matrix and integrate […]
Finnish Refiner Neste Hit By Venezuela Oil Sanctions
(Reuters, Tarmo Virki, 26.Apr.2019) â Finnish biofuel producer and oil refiner Neste reported a bigger than expected fall in quarterly profit on Friday, with U.S. sanctions against Venezuela having curbed […]
Argentina Exported An Average 6 MMcm/d To Chile During 1Q:19
(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2019) â Argentina shipped an average of almost 6 million cubic meters per day (MMcmd/) of natural gas to Chile during the first quarter of […]
Venezuelaâs Oil Industry Implosion Reaches Chevron
(Oilprice.com, Tsvetana Paraskova, 25.Apr.2019) â Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevronâs biggest oil joint venture in the country, Bloomberg reported on […]
Guyana’s Latest Discovery Similar To Nearby Liza, Hess Says
(Seeking Alpha, Carl Surran, 25.Apr.2019) â Hess says Guyana’s latest offshore deepwater discovery contains oily fluids similar to those of the initial Liza discovery, which is being readied for first […]
Guyana Oil Find Spurs Exploration Campaigns Among Neighbors
(Amsterdam News, Bert Wilkinson, 25.Apr.2019) â As Guyana, the Caribbean Communityâs largest and most resource-rich nation, prepares to become an oil producer by the end of this year, American supermajor […]
TGS Files 2018 Annual Report With SEC On Form 20-F
(TGS, 25.Apr.2019) â Transportadora de Gas del Sur S.A. (TGS) filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and […]
Petrobras Inks Three Deals To Divest Of Assets Worth US$10.3 Billion
(Petrobras, 25.Apr.2019) â Petrobras informs that today it executed three sale and purchase agreements to sell assets in the total amount of US$ 10.3 billion (about R$ 40 billion). In […]
CNOOC Limited Announces Key 1Q:19 Operational Statistics
(CNOOC Ltd. 25Apr.2019) â CNOOC Limited announced its key operational statistics for the first quarter of 2019. The Company achieved a total net production of 120.1 million barrels of oil […]
Newpark Resources Reports 1Q:19 Results, GOM Update
(Newpark, 25.Apr.2019) â Newpark Resources, Inc. today announced results for its first quarter ended March 31, 2019. Total revenues for the first quarter of 2019 were $211.5 million compared to […]
Petrobras Sets Aside R$1.3bn For Litigation Involving Sete Brasil
(Petrobras, 25.Apr.2019) â Petrobras informs, within its ongoing process of assessment of contingencies, that it will provision R$ 1.3 billion as a result of the current stage of litigation involving […]
Petrobras Clarifies News Of Agreement With Lava-Jato Task Force
(Petrobras, 25.Apr.2019) â Petrobras informs that it received the Official Letter No. 141/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 141/2019/CVM/SEP/GEA-1 “Dear Executive Officer, We refer to the Relevant […]
DaVita Eyes Using 100 Pct Renewable Energy By 2022
(DaVita, 25.Apr.2019) â By 2022, DaVita Inc. expects to use 100 percent renewable energy. The company has contracted with Longroad Energy on two virtual power purchase agreements (PPAs) facilitating the […]
LatAmNRG Venezuela Briefs: Oil Worker March, Maduro Denounces Citgo Grab
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) â Heard on the street and LatAmNRG briefs related to a planned oil and gas sector march slated for 1 May 2019 in Venezuela […]