ENERGY ANALYTICS INSTITUTE (EAI), Author at Editores LatinPetroleum

Ecopetrol Eyes Investments Of $3.5-$4 Billion In 2019

(Ecopetrol, 27.Nov.2018) — Ecopetrol S.A. reported that in 2019 the Ecopetrol Business Group (GEE) expects to invest between $3.5 and $4billion, up 16% to 33% over the projected 2018 figure. […]

Ecopetrol Reveals Highlights Of Investment Plan 2019

(Ecopetrol, 27.Nov.2018) —The Ecopetrol Business Group (GEE) expects investment in 2019 of $3.5 billion to $4 billion, up 16% to 33% over the projected 2018 figure, according to Colombia’s state […]

President Energy Spuds Third Development Well In Argentina

(Energy Analytics Institute, Aaron Simonsky, 27.Nov. 2018) — President Energy has spud the third development well at the Puesto Flores/Estancia Vieja Concession in Rio Negro Province, Argentina. The PFO 1005 […]

President Energy Updates On Argentine Drilling Program

(President Energy, 27.Nov. 2018) — President Energy provided an update on its drilling program at the Puesto Flores/Estancia Vieja Concession, Rio Negro Province, Argentina. President is operator and holds a […]

Oil Expert Plaints Adverse Scenario For Bolivia

(Energy Analytics Institute, Ian Silverman, 27.Nov.2018) — Oil expert Mauricio Medinaceli painted an adverse scenario for Bolivia due to the country “doing little or nothing” to replace production in recent […]

$1.4 Billion Deal Allows Venezuela To Keep Citgo’s Three U.S. refineries

(Houston Chronicle, Sergio Chapa, 26.Nov.2018) — A payment on a $1.4 billion arbitration award to a Canadian gold mining company is allowing Venezuela to keep ownership of Citgo Petroleum’s three […]

Venezuela Hangs On To Citgo After Big Debt Payment

(Fox Business, Mike Obel, 26.Nov.2018) — Venezuela managed to retain ownership of Citgo, the big U.S. refining and gasoline marketing company that is one of its few remaining sources of […]

Vista Preps First Two Shale Oil Pilots In Vaca Muerta

(S&P Global Platts, 26.Nov. 2018) — Vista Oil & Gas plans to invest $157.4 million in its first pilot projects in Vaca Muerta, betting on the Argentinian shale play for […]

UAE Urges Brazil To Remove It From ‘Tax Haven’ List

(Arabian Business, 26.Nov. 2018) — UAE says to expand its multi-billion dollar investments in Brazil as long as it’s no longer labeled a tax haven by Latin America’s largest economy […]

LatAmNRG Chart Analysis: Venezuela’s R/P Rises As Oil Output Plunges

(Energy Analytics Institute, Pietro D. Pitts, 24.Nov. 2018) — Venezuela is suffering a complete meltdown across all sectors. The Venezuelan oil sector, which generates upwards to 95% of the country’s […]

Rosneft’s Sechin Flies To Venezuela, Rebukes Maduro Over Oil Shipments

(Reuters, Alexandra Ulmer and Marianna Parraga, 24.Nov.2018) — The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas this week to meet Venezuelan President Nicolas Maduro and complain […]

Petrotrin Hospital To Be Leased Or Sold

(Trinidad and Tobago Newsday, Julien Neaves, 24.Nov.2018) — Energy Minister Franklin Khan has announced operations at the Augustus Long Hospital in Pointe-a-Pierre, which has serviced the medical needs of Petrotrin […]

Demolished Homes Too Close To Oil Wells In Trinidad

(Trinidad and Tobago Newsday, Julien Neaves, 24.Nov.2018) — Energy Minister Franklin Khan says homes demolished in the Santa Flora area this week were located too close to oil wells and […]

Bolsonaro Seeks $30 Billion Brazil Oil Boon

(Bloomberg, Sabrina Valle and Samy Adghirni, 23.Nov.2018) — President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the […]

Vista Inks Deal For Bajada del Palo Block In Argentina

(Vista Oil & Gas, 22.Nov.2018) — Vista Oil & Gas, S.A.B. de C.V. announced that, Vista Oil & Gas Argentina S.A. and Apco Oil & Gas S.A.U., subsidiaries of Vista, […]

TT Budget On Oil Price Swing

(Trinidad and Tobago Newsday, Carla Bridglal, 22.Nov.2018) — Crude oil’s importance to the TT economy is now second to natural gas, but its contribution is by no means miniscule — […]

Total Enters Brazil Fuels Sector With Purchase Of Grupo Zema Business

(Total, 22.Nov.2018) — Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema Petróleo, its reseller and retailer arm Zema Diesel as […]

Total To Buy Businesses From Brazil’s Grupo Zema

(Reuters, 22.Nov.2018) — French energy group Total has agreed to buy some businesses of Brazil’s Grupo Zema to expand in the biofuels sector. Total said it would be buying fuel […]

YPFB To Initiate Sales of Super Ethanol In La Paz

(Energy Analytics Institute, Aaron Simonsky, 22.Nov. 2018) — YPFB will commence sales of its new fuel called Super Ethanol in the capital city of La Paz. Approximately 10 petrol stations […]

EDP Energias do Brasil To Host Management Gathering In NYC

(EDP Energias do Brasil, 22.Nov.2018) — EDP Energias do Brasil S.A. will host a Management Meeting on Monday, November 26, 2018 at Omni Berkshire Place New York (21 East 52nd […]

PDVSA In Talks Over 2nd Sea-Borne Oil-Transfer Operation

(Reuters, Marianna Parraga, 22.Nov.2018) — Venezuela’s state-run oil firm PDVSA has begun talks with shipping firms to set up a second ship-to-ship (STS) operation off the country’s eastern coast in […]

LatAmNRG Panorama 22.Nov.2018: Venezuela, Colombia, Argentina

(Energy Analytics Institute, Piero Stewart and Aaron Simonsky, 22.Nov. 2018) — Heard on the street and other LatAmNRG briefs from OPEC producer Venezuela, and neighboring Colombia, emerging shale gas producer […]

Tecpetrol Reports Rise In Fortín de Piedra Shale Production

(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Tecpetrol announced production at its Fortín de Piedra unconventional shale gas project increased 36% to 15 million cubic meters per day in […]

YPF Awards EXMAR Contract For Export Of First LNG From Argentina

(Exmar, 21.Nov.2018) — Belgium’s EXMAR NV and Argentina’s YPF signed a firm, ten-year agreement to deploy EXMAR’s barge-based floating LNG liquefaction unit (FLNG), currently known as Caribbean FLNG, to produce […]

Venezuela’s Maduro Says $100/bbl Oil Is ‘Fair Price’

(Energy Analytics Institute, Piero Stewart, 21.Nov. 2018) — Venezuela’s President Nicolás Maduro said an $100 oil price is a “fair price” for a barrel of oil, and assured that low […]

Argentina To Start First-Ever LNG Exports In 2019

(Oilprice.com, Tsvetana Paraskova, 21.Nov.2018) — Argentina will be joining the ranks of exporters of liquefied natural gas (LNG) next year when it stars exporting gas from its Vaca Muerta shale […]

Petrobras To Be Led By Privatisation Advocate

(AP, 21.Nov.2018) — Brazil’s President-elect Jair Bolsonaro named pro-market reformer Roberto Castello Branco, as future chief executive of the country’s state-controlled oil company, Petrobras, on Monday. Castello Branco, a former […]

Neuquén Gov’t Suspends YPF’s Environmental License At Two Pads

(Energy Analytics Institute, Aaron Simonsky, 21.Nov.2018) — The Government of the Province of Neuquén has temporarily suspended YPF’s environmental license at two pads in Bandurria. The precautionary measure affects pads […]

Venezuela Fuel Shortages Get Worse As Tanker Staff Flee

(Bloomberg, Fabiola Zerpa, 21.Nov.2018) — Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments. Petroleos de Venezuela SA’s refineries are […]

DeNovo Delivers Initial Gas From Iguana Field Offshore Trinidad

(DeNovo Energy, 21.Nov.2018) — DeNovo Energy Limited, a subsidiary of the Proman Group, announced the first commercial supply of gas from the Iguana Field in Block 1(a), which will deliver […]

Bolivia Foresees Hydrocarbon Revenues Of $2.5 Billion In 2019

(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sanchez announced the country foresees hydrocarbon revenues of $2.5 billion in 2019 amid continued legal security as […]

LatAmNRG Panorama 20.Nov.2018: Trinidad and Tobago

Economics Of Vaca Muerta’s Development Trumps Climate Concerns

U.S.-Argentine Cos. Identify $270 Mln In New Vaca Muerta Developments

(Energy Analytics Institute, Aaron Simonsky, 20.Nov. 2018) — A road show by an Argentina delegation to New Orleans and Houston last week brought together 35 Argentine companies and another 50 […]

Frontera Extends Consent Solicitation Relating To Senior Notes

(Frontera Energy, 20.Nov.2018) — Frontera Energy Corporation announced (i) an extension of its consent solicitation and (ii) a change to the consent fee payable to consenting noteholders with respect to […]

PetroPeru Says 20 Workers Kidnapped In Loreto

(Energy Analytics Institute, Piero Stewart, 20.Nov. 2018) — The state-owned company PetroPerú announced that 20 workers from the Morona Station of the Norperuano Pipeline, located in Loreto, were kidnapped by […]

Bolivia And Paraguay Sign MOU Related To Gas Pipeline

(Energy Analytics Institute, Aaron Simonsky, 19.Nov.2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez and Paraguay’s Public Works Minister Arnoldo Wiens signed a Memorandum of Understanding related to construction of a […]

Responding To Disruptive Trends In Energy

(Jamaica Observer, 19.Nov.2018) — Energy storage, distributed energy, renewables and electric vehicles powered by a smart grid are among the main disruptive trends in the global energy sector. Advances in […]

Ensign Moves Up Trinidad Bid Deadline

(Financial Post, 19.Nov.2018) — Ensign’s date change makes it more likely that it will emerge as the successful bidder for Trinidad, CIBC analyst says. Rising temperatures in the battle between […]

YPFB Participated In 22 Events In 2018 Promoting Usage Of Urea

(Energy Analytics Institute, Aaron Simonsky, 18.Nov.2018) — Bolivia’s state oil company YPFB participated in 22 agricultural and multi-sector fairs or events to inform the population about the proper use and […]

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