(S&P Global Platts, 15.Nov.2018) — Pan American Energy, the second-biggest oil producer and third for gas in Argentina, is working with BP on potentially exporting LNG out of Chile, a […]
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.
Bright Star of Mexico’s Energy Reform Bowing Out Of Spotlight
(NGI, Ronald Buchanan, 15.Nov.2018) — One of main energizers of Mexico’s nascent energy reform, Juan Carlos Zepeda, has resigned as president of the upstream regulator, the Comisión Nacional de Hidrocarburos […]
Chile’s Pontificia Universidad Católica Wins Airbus 2018 GEDC Award
(Airbus, 14.Nov.2018) — Pontificia Universidad Católica de Chile’s SaviaLab recognised for innovative use of technology to increase diversity in engineering education. The SaviaLab diversity initiative from Pontificia Universidad Católica de […]
Officials At Mexico’s Central Bank, Oil Regulator Resign
(Financial Times, Jude Webber, 14.Nov.2018) — A deputy governor of the Bank of Mexico and head of the country’s oil regulator have both stepped down early from their posts, a […]
T&T Energy Minister: Positive Growth Forecast For NatGas Markets
(Loop News, 14.Nov.2018) — Minister of Energy and Energy Industries and President of the Gas Exporting Countries Forum, Franklin Khan, said the natural gas industry is forecast to grow within […]
New Fortress Energy planning Nasdaq listing
(Jamaica Gleaner, Steven Jackson, 14.Nov.2018) — New Fortress Energy, the American company that develops gas infrastructures and supplies natural gas to Jamaica, has considered listing its shares on the Nasdaq […]
German Energy Firm To Launch IPO In Jamaica
(Jamaica Gleaner, Neville Graham, 14.Nov.2018) — A foreign investor in Jamaica’s largest solar farm under construction in Westmoreland will be floating shares on the Jamaica Stock Exchange, via an initial […]
No Credible Reports Of Corruption In Guyana Oil Sector
(Stabroek News, 14.Nov.2018) — The Department of Energy (DoE) has to date received no credible reports of any form of corruption as it relates contractors and deals in the nascent […]
Argentina’s Energy Sec. Iguacel Promotes Vaca Muerta In US Road Show
(Energy Analytics Institute, Aaron Simonsky, 13.Nov.2018) — Argentina’s Energy Secretary Javier Iguacel participated in the annual Independent Petroleum Association of America (IPPA) meeting held in New Orleans, Louisiana. “We have […]
President Energy Says Argentine Oil Well Better Than Expected
(President Energy, 13.Nov.2018) — President Energy announced that production results from its first new Argentine well were ahead of expectations, while results from the second new well were very encouraging. […]
Producer Trinidad Calls For Global Gas Pricing Index
(Reuters, 13.Nov.2018) — Trinidad and Tobago’s Prime Minister Keith Rowley on Tuesday called on the Gas Exporting Countries Forum (GECF) to develop and implement a gas pricing index to ensure […]
Shell Adds New, Deep-water Production In Brazil
(Oil & Gas Technoloy, Mark Venables, 13.Nov.2018) — New, deep-water production is underway at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell […]
EP Petroecuador To Open Envelopes For Diesel No. 2 Tender
(Energy Analytics Institute, Piero Stewart, 13.Nov.2018) — EP Petroecuador will open envelopes today related to the import of 3,120,000 barrels (plus or minus 2%) of No. 2 Diesel Oil No. […]
Fuel Shortages The New Norm In Venezuela As Oil Industry Unravels
(Reuters, Tibisay Romero, Deisy Buitrago, 13.Nov.2018) — With chronic shortages of basic goods afflicting her native Venezuela, Veronica Perez used to drive from supermarket to supermarket in her grey Chevrolet […]
Pampa Energia Curbs Polystyrene, Styrene Butadiene Rubber Output On Demand
(S&P Global Platts, Bernardo Fallas, 13.Nov.2018) — Argentina-based energy company Pampa Energia is cutting polystyrene and styrene butadiene rubber production amid lackluster demand in Argentina and barriers to export, two […]
Work On Modernization Of Talara Refinery Reaches 71% Mark
(Energy Analytics Institute, Piero Stewart, 12.Nov.2018) — Construction of the Talara refinery in Perú continues. Modernization work at the refinery — which is comprised of 16 processing units and 5 […]
YPF Says Combined Output Plummets 4.3% In 3Q:18
(Energy Analytics Institute, Aaron Simonsky, 12.Nov.2018) — YPF announced that combined equivalent production fell 4.3% in the third quarter of 2018. Total production fell to 529.1 Mboe/d in 3Q:18 compared […]
Pampa Energía To Hold 3Q:18 Conference Call
(Pampa Energía, 12.Nov.2018) — Pampa Energía S.A. announced it will hold a conference call to discuss its 3Q:18 results on Tuesday November 13, 2018 at 10:00 a.m. Eastern Standard Time […]
Pampa Energía Announces 3Q:18 Results, Accrual Impact
(Pampa Energía, 12.Nov.2018) — Pampa Energía S.A. announces results for the nine-month period and quarter ended on September 30, 2018. All figures are stated in Argentine Pesos and have been […]
Oil And Gas Could Dominate 2020 General Election In Guyana
(CMC, 12.Nov.2018) — Finance Minister Winston Jordan has given an insight into the campaign for the 2020 general elections in Guyana telling voters that the oil sector will feature prominently […]
Argentina Initiates U.S. ‘Vaca Muerta’ Road Show
(Energy Analytics Institute, Aaron Simonsky, 12.Nov.2018) — Officials from Argentina initiated a road show today in the U.S. aimed at attracting investments in the Vaca Muerta formation in Neuquen. Argentina’s […]
World Bank Partners With Guyana For New Oil Sector
(Guyana Department of Public Information, 12.Nov.2018) — Prime Minister Hon. Moses V. Nagamootoo held discussions with a high-level, five-member team from the World Bank, which is visiting Guyana at the […]
Frontera To Commence Solicitation Related To 9.7% Senior Unsecured Notes
(Frontera Energy Corporation, 12.Nov.2018) — Frontera Energy Corporation intends to commence a consent solicitation to amend the indenture governing its outstanding 9.7% Senior Unsecured Notes due 2023. The company is […]
PetroPerú Says Ilo Terminal Work Reaches 35% Completion Mark
(Energy Analytics Institute, Piero Stewart, 12.Nov. 2018) — Work related to construction of the new Ilo Terminal, being carried out by the Felguera Consortium, has reached a completion mark of […]
The Next Offshore Boom: Is Senegal The New Guyana?
(Oilprice.com, Viktor Katona, 12.Nov.2018) — I know what you think – such a headline is quite reckless given that Guyana has not produced any oil so far and it is […]
Venezuela Hoping To Steeply Raise Oil Output Next Year
(Reuters, 11.Nov.2018) — Venezuela is hoping to steeply raise oil output next year but will respect any new deal if OPEC agrees to reduce output from December, Oil Minister Manuel […]
Brazil, Bolsonaro And Oil: A Future In The Balance
(The National, Robin Mills, 11.Nov.2018) — New president may make unpleasant listening but he says he wants to open up the country’s energy industry, which would be a good thing. […]
Ecopetrol Activates Contingency Plans In Cedeño District
(Energy Analytics Institute, Piero Stewart, 11.Nov.2018) — Ecopetrol announced it has activated contingency plans after a new attack on the Caño Limón-Coveñas pipeline located in the Cedeño district, in the […]
Ecuador To Use $58.29/bbl Oil Price In 2019 Budget
(Energy Analytics Institute, Piero Stewart, 11.Nov.2018) — Ecuador announced it will utilize a $58.29 per barrel oil price to calculate projected oil export revenues in 2019, reported online media El […]
ANCAP Interested In Hydrogen For Transport, Marta Jara Says
(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2018) — Uruguay is studying possibilities with hydrogen. “ANCAP is interested in the hydrogen option, because it is an ideal energy for transport, and which […]
JPS Promises Improved Power Supply After $116 Million Grid Investment
(Jamaica Gleaner,11.Nov.2018) — The Jamaica Public Service Company (JPS) is promising a more reliable power supply with an improved and more reliable grid in which it has invested $116 million […]
JPS’s Sheree Martin Prepares To Go Off JPS Grid
(Jamaica Observer, 11. Nov.2018) — Sheree Martin, JPS’ senior vice-president (SVP) for business development, has announced her resignation from the energy company, effective November 27, 2018. “JPS has been nothing […]
Venezuela Gov’t Says Sabotage To Blame For Electric Outages In Margarita
(Energy Analytics Institute, Piero Stewart, 10.Nov.2018) — An explosion that occurred along a segment of the Northeast Gas Pipeline José Francisco Bermúdez, and which caused interruptions in electricity service in […]
EP PetroEcuador Inks Transport Deal With OCP Ecuador
(Energy Analytics Institute, Piero Stewart, 10.Nov. 2018) — EP Petroecuador signed a contract with OCP Ecuador S.A. on November 9, 2018 to renew the transportation of crude oil from Lago […]
Colombia’s Cano Limon Pipeline Hit By New Bomb Attack
(Reuters, 10.Nov.2018) — Colombia’s state-run oil company Ecopetrol said on Saturday it was mounting another cleanup operation after a bomb attack on the Cano Limon pipeline. The attack is the […]
Uruguay’s Energy Matrix And Renewable Energies
“Uruguay’s energy matrix is one of the most outstanding in the world due to the variety of renewable energies” — ANCAP President Marta Jara.
Ecuador’s Energy Minister Calls For Audit Of Gasvesubio Export
(Energy Analytics Institute, Piero Stewart, 10.Nov.2018) — Ecuador’s Minister of Energy and Non-Renewable Natural Resources Carlos Pérez García has requested that the Comptroller of the country carry out a special […]
Petrobras Announces Calling Of Extraordinary General Meeting
(Petrobras, 9.Nov.2018) — Petrobras announced, according to the CVM and B3 rules to Level 2 of corporate governance listed companies, calling of General Extraordinary Meeting on Dec. 11, 2018, observed […]
Brazil VP-elect ‘Impressed’ After Meeting With Petrobras Executives
(Reuters, Rodrigo Viga Gaier, Marta Nogueira, 9.Nov.2018) — Brazil’s Vice-President-elect Hamilton Mourão said on Twitter he was “very much impressed” after meeting on Friday with top executives at state-run oil […]
Pemex Present At Abu Dhabi Int’l Petroleum Exhibition and Conference 2018
(Pemex, 9.Nov.2018) — As part of the current Pemex business strategy, CEO Carlos Treviño leaves today for Abu Dhabi, where he will participate in the Abu Dhabi International Petroleum Exhibition […]
Argentina Awaits Hydrocarbon Investments Of Nearly $13 Billion in 2019
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Argentine hydrocarbon investments are projected to increase in 2019 compared to 2018, announced the country’s Energy Secretary Javier Iguacel. “This year they invested […]
Argentina Aims To Cover 20% Of Energy Demand in 2025 With Renewables
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Argentina’s shale boom taking place in the Vaca Muerta formation in Neuquen will not stop the country from pursuing goals related to renewable […]
Chevron Stayed In Venezuela Long After Rivals Quit
(Wall Street Journal, Kejal Vyas and Bradley Olson, 8.Nov.2018) — For nearly a century, Chevron Corp. has weathered dictatorships, coups and nationalization drives to keep pumping oil in Venezuela. But recently, […]
Oceaneering Resumes Subsea Load-Outs At Panama City Facility
(Oceaneering, 8.Nov.2018) — Oceaneering International, Inc. provided an operations update on its manufacturing facility in Panama City, Florida and its recovery from Hurricane Michael. “Exceeding our own expectations, production activities […]
New Attack On Colombia’s Caño Limón-Coveñas Pipeline
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Colombia’s state oil company Ecopetrol revealed video coverage of the most recent attack on the company’s Caño Limón-Coveñas oil pipeline located in Boyacá. […]
Argentina Biodiesel Chamber: U.S. Review Of Tariffs Could Revive Exports
(Reuters, Maximilian Heath, 8.Nov.2018) — The U.S. decision to review its tariffs on Argentine biodiesel could mean a reversal of fortune for exporters whose shipments from the South American country […]
Mexico Should Fix Pemex Finances Before New Refining Investments: IMF
(Reuters, 8.Nov.2018) — The International Monetary Fund (IMF) on Thursday called for an improvement in Mexican state oil company Pemex’s financial position before it invests in building new refineries. Mexico’s […]
Pemex Promotes Actions To Reduce Risks Caused By Fuel Theft
(Pemex, 8.Nov.2018) — Pemex and the Government of the state of Puebla have agreed to promote civil defense actions to mitigate the risks that arise from fuel theft in this […]
ENAP Magallanes Workers Distinguished With Pioneer Woman 2018 Award
(ENAP, 8.Nov.2018) — The recognition highlights women who have joined productive activities traditionally carried out by men. On November 7, the National Service for Women and Gender Equality (SERNAMEG) gave […]