ENERGY ANALYTICS INSTITUTE (EAI), Author at Editores LatinPetroleum

Brazil Sets October Oil Auction Signing Bonus Of $26.9 Bln – Minister

(Reuters, 17.Apr.2019 — Brazil’s government will require a signing bonus of 106 billion reais ($26.9 billion) in an Oct. 28 auction of excess oil from the so-called transfer-of-rights area in […]

Repsol Cuts Swap For Venezuelan Oil Under U.S. Pressure

(Reuters, Collin Eaton and Marianna Parraga, 17.Apr.2019) — Spain’s Repsol suspended its swaps of refining products for crude with Venezuela’s state-run oil company PDVSA, people familiar with the matter said, […]

Shell Awards Contract To Halliburton For Offshore Project In Brazil

(Chron.com, Sergio Chapa, 17.Apr.2019) — Royal Dutch Shell has awarded a three-year contract to Houston oilfield service company Halliburton to explore and develop two projects off the coast of Brazil. […]

Petrobras Increases Diesel Price

(Petrobras, 17.Apr.2019) — Petrobras has decided to increase the diesel price by R$ 0.10/liter, which implies a minimum variation of 4.518% and a maximum of 5.147% in its 35 points […]

Petrobras Informs About Studies Of Caixa Econômica Federal To Sell Its Shares

(Petrobras, 17.Apr.2019) — Petrobras says it has received correspondence from Caixa Econômica Federal informing that it is studying the possibility of selling shares that they hold issued by Petrobras, having […]

Trinidad PM Rowley: Pray For Oil

(Trinidad and Tobago News Day, Sean Douglas, 17.Apr.2019) — The Prime Minister has publicly implored prayerful citizens to pray for new deposits of oil to be found in exploratory drilling […]

BHP Petroleum Plans More Appraisal Drilling Off Mexico

(OGJ, Paula Dittrick, 17.Apr.2019) — BHP Petroleum plans additional appraisal drilling on Trion block offshore Mexico during this year’s second half, the company said in an operational update. Previously, BHP […]

Wintershall Expands Portfolio In Argentina

(WorldOil, 17.Apr.2019) — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing […]

BHP Encounters Hydrocarbons In Latest T&T Deepwater Well

(T&T Energy Chamber, 17.Apr.2019) — BHP has announced that it has found hydrocarbons in its latest deepwater well in Trinidad & Tobago’s deepwater block 23(a). The Bélé-1 well is the […]

Majors Step Up To Bid On Argentina Offshore Acreage

(WorldOil, 17.Apr.2019) — Argentina’s first national offshore licensing round was held yesterday, April 16, 2019, in Buenos Aires. Of the 38 blocks offered in an open bid round, 18 were […]

Altus Power Acquires 19 MW Operating Solar Portfolio

(Altus, 17.Apr.2019) — Altus Power America, Inc. completed the acquisition of a multistate operating portfolio of ground-mounted solar assets. The 19 megawatt (MW) DC portfolio of solar energy systems sell […]

Premier Highlights Successful Well Test Of The Zama Discovery

(Premier, 16.Apr.2019) — Premier notes the press release by Talos Energy, the operator of Block 7 offshore Mexico, announcing the successful drill stem test (DST) of the Zama-2 side track […]

ExxonMobil Argentina Takes Three Blocks In Offshore Bid Round

(Exxon, 16.Apr.2019) — ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first […]

Exxon Mobil Wins Three Exploration Blocks Offshore Argentina

(Reuters, 16.Apr.2019) — U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina. The three blocks […]

Argentina Awards YPF Exploration Permit For Offshore E-1 Area

(Energy Analytics Institute, Pietro D. Pitts, 16.Apr.2019) — Argentina awarded state oil and gas producer YPF with an exploration permit for the E-1 area spanning 15,000 square kilometers offshore Argentina. […]

Qatar Petroleum Wins Exploration Rights In 5 Offshore Blocks In Argentina

(Qatar Petroleum, 16.Apr.2019) — Qatar Petroleum has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. The winning bids were announced today […]

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WoodMac: Santos Makes Significant Gas Discovery At Corvus-2 Appraisal Well

(WoodMac, 16.Apr.2019) — Following Santos’ announcement on the confirmation of a significant gas resource at Corvus-2 appraisal well, Wood Mackenzie senior analyst Daniel Toleman commented on the results: Based on […]

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Santos Says Corvus-2 Appraisal Well Discovers Significant Resource

(Santos, 16.Apr.2019) — Santos announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western Australia. The well, located in […]

LatAmNRG Argentina Briefs: TGS $330 Mln Investments, New IEASA President

(Energy Analytics Institute, Aaron Simonsky, 15.Apr.2019) — Heard on the street and LatAmNRG briefs related to TGS’ plans to invest $330 million in 2019 and Argentina’s Energy Secretariat appointment of […]

Cameron LNG Reaches Final Commissioning Stage Of First Liquefaction Train

(Sempra, 15.Apr.2019) — Sempra Energy announced that Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of the liquefaction-export project as it prepares to begin production […]

This New Oil Hotspot Is Replacing Venezuelan Crude

(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers scrambling for alternatives to the […]

Talos Energy Provides Update On Zama-2 STI Well Offshore Mexico

(Talos, 15.Apr.2019) — Talos Energy Inc. provided an additional update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s prolific Sureste Basin. Talos is […]

Wigton Has Saved Jamaica $54 Million In Oil Imports

(JIS News, Serena Grant, 15.Apr.2019) — Minister of Science, Energy and Technology, Hon. Fayval Williams, says that Wigton Windfarm Limited has saved the Government expenditure of over US$54 million in […]

Fuel-Starved Haiti In Crisis As Venezuela Deal Dies

(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The poorest nation in the Western hemisphere has seen its fuel supply increasingly challenged since a program designed by Venezuela to supply fuel and gain […]

Bolivia’s Tarija Gas Region To Generate $2.7 Billion Through 2025

(Energy Analytics Institute, Ian Silverman, 14.Apr.2019) — Bolivia’s Tarija department is forecast to generate natural gas revenues of $2.7 billion through the end of 2025, Bolivia’s Information Agency (ABI) reported […]

JPS Invests $25m In Storage Facility To Address Power Fluctuations

(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) — Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as a safeguard against power outages. […]

Chevron To Gain Anadarko’s Offshore Guyana Oil Assets After Takeover

(Stabroek News, 14.Apr.2019) — Guyana could see oil exploration activity in the ultra-deepwater region picking up pace in the near future with United States oil giant Chevron set to buy […]

Brazil To Auction Oil Camps Despite Environmental Warnings

(AP, Peter Prengaman and Mauricio Savarse, 13.Apr.2019) — The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of […]

LatAmNRG Colombia Briefs: OTA Pipeline Attack, Orca-1 Well

(Energy Analytics Institute, Piero Stewart, 12.Apr.2019) — Heard on the street and LatAmNRG briefs related to a new attack on the OTA pipeline, the Orca-1 well expected online in 2026, […]

CNH Reports 6.9% Drop In Mexico’s Combined 1P Reserves

(Energy Analytics Institute, Jared Yamin, 12.Apr.2019) — Mexico’s National Hydrocarbons Commission (CNH by its Spanish acronym) announced the country’s combined proved (1P) natural gas and crude oil reserves fell 6.9% […]

Bolivia’s Gas Reserves To Double By 2025: Minister

(Argus, 12.Apr.2019) — Bolivian hydrocarbons minister Luis Alberto Sanchez predicts a jump in natural gas reserves as the country’s “year of exploration” gains momentum. “Results from the first quarter were […]

Petrobras Updates On Diesel Price Readjustment

(Petrobras, 12.Apr.2019) — Petrobras informs that, in line with its strategy for diesel price readjustments, announced on 03/26/19, it revisited its hedge position and evaluated, throughout the day, with the […]

Permian Water Disposal Volumes To Double By 2022: Wood Mac

(Wood Mac, 12.Apr.2019) — Water disposal volumes in the Permian Basin are expected to double within the next two to three years, new analysis from Wood Mackenzie shows. As drilling […]

Petrobras Price Move Damages Bolsonaro’s Pro-Business Stance

(Bloomberg, Simone Preissler Iglesias and Sabrina Valle, 12.Apr.2019) — A conversation lasting less than 20 minutes was enough to put the neo-liberal credentials of Brazil President Jair Bolsonaro’s government in […]

Ecopetrol Announces Dates For Colombian Ex-dividend Period

(Ecopetrol, 12.Apr.2019) — Ecopetrol S.A. announced that according to the regulation of the Colombia Securities Exchange, the Colombian ex-dividend period for Ecopetrol’s shares begins on April 17, 2019. The ex-dividend […]

Chevron Buys Anadarko In $50bn Cash-And-Stock Deal

(WoodMac, 12.Apr.2019) — Commenting on Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, senior analyst, corporate analysis, said: “This is the biggest upstream deal since Shell and BG in […]

LatAmNRG Frontera briefs: Ralph Coffman, NorPeruano, Intracampos bid

HOUSTON, TEXAS (By Piero Stewart, Energy Analytics Institute, 11.Apr.2019, Words: 314) — Heard on the street and LatAmNRG briefs related to Frontera Energy Corporation and its operations in Colombia, Peru, […]

Shell’s STEM Path To The Future

(Trinidad and Tobago News Day, Melanie Waithe, 11.Apr.2019) — Ever took a walk on the bottom of the sea, to see how natural gas is extracted from beneath the earth’s […]

Frontera Announces 1Q:19 Update On Colombia, Peru, Guyana, and Ecuador

(Frontera, 11.Apr.2019) — Frontera Energy Corporation announces a first quarter 2019 operational update. All values in this news release and the company’s financial disclosures are in United States dollars, unless […]

To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico

(NYT, Elisabeth Malkin, 11.Apr.2019) — President Andrés Manuel López Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy to get there relies on […]

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