ENERGY ANALYTICS INSTITUTE (EAI), Author at Editores LatinPetroleum

Weatherford Awarded Drillpipe Riser Contract With Petrobras

(Weatherford International, 7.Nov.2018) — Weatherford International announced it has been awarded a four-year contract with a one-year optional extension to provide drillpipe riser (DPR) intervention systems and services for Petróleo […]

Frontera Energy Announces 3Q:18 Ops, Financial Results

(Frontera Energy, 7.Nov.2018) — Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion and Analysis (MD&A). These documents […]

Is Your Gasoline Burning Out Faster?

(Trinidad Express, Sandhya Santoo, 7.Nov.2018) — Is super gasoline burning faster? This is the claim by some motorists who are insisting that the fuel is burning faster, leading to lower […]

Fracking Could Generate $500 Mln Per Year In Colombia -Study

Braskem Plans Initiatives To Promote The Circular Economy

(Braskem, 7.Nov.2018) Braskem has defined a series of global initiatives to boost the Circular Economy in the production chain of manufactured plastic goods. “We are firmly committed to the goal […]

Petrobras Invites Investors And Analyst To Participate In 3Q:18 Webcast

(Petrobras, 6.Nov.2018) — Petrobras will disclose its 2018 Third Quarter Results on Tuesday, November 6, 2018, before the opening of the market. The company would like to invite investors and […]

Petrobras BODs Approves Payment Of Interest On Capital

(Petrobras, 6.Nov.2018) — Petrobras announced its Board of Directors approved in a meeting held yesterday distribution of early remuneration to shareholders as Interest on Capital (IOC), as defined in art. […]

Petrobras Reports Net Income Of R$23,677 Million In 9M-2018

(Petrobras, 6.Nov.2018) — Petrobras reported net income of R$ 23,677 million in 9M-2018, the best result since 2011 and a growth of 371% compared to the 9M-2017, determined by: – […]

Argentina Announces Offshore Exploration Round 1

(Energy Analytics Institute, Aaron Simonsky, 6.Nov.2018) — Argentina’s Energy Secretariat announced a tender for exploration activities offshore the Argentine continental shelf. The activities will expand Argentina’s exploration and exploitation potential […]

Scania Announces Record Gas Bus Delivery To Bogotá

(Scania, 6.Nov.2018) — In its largest gas bus delivery ever, Scania will supply 481 Euro 6 gas buses – the cleanest and most silent buses on the market – for […]

Rosneft Says Venezuela’s Bill Falls To $3.1 Billion

(Reuters, 6.Nov.2018) — Rosneft was owed $3.1 billion by Venezuela as of September 30, down from $3.6 billion on June 30, Russia’s largest oil producer said on Tuesday. It also […]

Fitch’s Mexico Outlook Downgrade Based On Energy Policy Uncertainty

(NGI, Andrew Baker, 6.Nov.2018) — Fitch Ratings late last month revised its outlook for Mexico, citing, among other things, potential energy policies to be implemented by incoming President-Elect Andrés Manuel […]

Argentina Switches On 70-MW Wind Park In Chubut

(Renewables Now, 6.Nov.2018) — Argentina’s Ministry of Energy and Mines announced on Monday that on November 2, the country switched on a 70-MW wind park in Chubut province. Argentine thermal […]

Five Groups May Join Eletronuclear Complete Power Plant Project

(Reuters, 6.Nov.2018) — Five groups are considering whether to partner with Brazil’s state-controlled Eletronuclear to resume construction of nuclear power plant Angra III, already partially built by the government, newspaper […]

World’s Most Indebted Oil Company Reports 20-Fold Increase In Profit

(Oilprice.com, Tsvetana Paraskova, 6.Nov.2018) — Brazilian state-run oil firm Petrobras reported on Tuesday a net income for Q3 surging more than 20 times compared to the profit for the same […]

YPF Reports New Incident At Work-Over Well In Loma La Lata

(Energy Analytics Institute, Aaron Simonsky, 6.Nov.2018) — The incident involved an estimated 0.6 cubic meters of water, gas and mud, and occurred on Friday November 2, 2018 during conditioning activities […]

Mexico

Talos Updates On Pre-Unitization Agreement With Pemex

(Talos Energy Inc., 5.Nov.2018) — Talos Energy Inc. and its partners in Block 7 offshore Mexico signed a Pre-Unitization Agreement (PUA) with Pemex that enables information sharing related to the […]

Ecopetrol Attends Oil Spill In Tibú River

(Energy Analytics Institute, Aaron Simonsky, 5.Nov.2018) — Colombia’s state oil company Ecopetrol installed a series of barriers in a rural area of the Tibú municipality (Norte de Santander) in an […]

Santa Cruz Reports Sale of 200,000 Liters of Ethanol 92 In Four Days

(Energy Analytics Institute, Jared Yamin, 5.Nov.2018) — Commercialization of Bolivia’s new ‘Super Ethanol 92’ gasoline reached nearly 200,000 liters in the first four days after it was introduced in the […]

Argus Launches Series Of Daily Jet Fuel Prices In Brazil

(Argus, 5.Nov.2018) — Global energy and commodity price reporting agency Argus has launched a series of daily jet fuel prices for the aviation fuel market in Brazil. Local and international […]

FMC Corporation Updates On Ag Solutions In Brazil

(FMC Corporation, 5.Nov.2018) — FMC delivered another very strong quarter. “In Ag Solutions, we executed our commercial strategy particularly well in Brazil, where we implemented significant price increases to largely […]

Talos Energy, Pan American Ink Deal To Cross-Assign Interests In Mexico

(Talos Energy Inc., 5.Nov.2018) — Talos Energy Inc. entered into a transaction with, Hokchi Energy, S.A. de C.V., a subsidiary of Pan American Energy, to cross-assign its Participating Interest (PI) […]

Talos Energy Announces Approval Of Zama Appraisal Plan In Mexico

(Talos Energy Inc., 5.Nov.2018) — The National Hydrocarbons Commission (CNH), the Mexican oil & gas regulator, has approved the appraisal plan for the Zama discovery. The approval by the CNH […]

Pattern Energy Reports 3Q:18 Financial Results

(Pattern Energy Group, 5.Nov.2018) — Pattern Energy Group Inc. announced its financial results for the 2018 third quarter. Highlights (Comparisons made between fiscal Q3 2018 and fiscal Q3 2017 results, […]

Latin America and the Caribbean

Colombia Postpones Renewable Energy Projects Auction

(PV Magazine, Emiliano Bellini, 5.Nov.2018) — Colombia’s national mining and energy planning unit UPME has announced in a circular it will postpone the final bidding rules for the country’s first […]

Argentina Allocates $500 Million For Users To Generate Energy

(Energy Analytics Institute, Aaron Simonsky, 4.Nov.2018) — Argentina’s government has allocated $500 million for a special fund to be used to subsidize loans for the purchase of solar systems that […]

Bolsonaro To Push Forward Giant Brazil Oil Sale, Adviser Says

(Bloomberg, Sabrina Valle, 4.Nov.2018) — Jair Bolsonaro’s energy team is keen to push for the sale of prized Brazilian crude deposits in an auction that could give Big Oil access […]

EOG Resources Reports 20% Collapse In Trinidad Gas Production

(Energy Analytics Institute, Piero Stewart, 4.Nov.2018) — EOG Resources, Inc. (EOG) reported a 20% collapse in natural gas production in Trinidad in the third quarter of 2018 (3Q:18). Looking forward […]

YPF To Invest $5 Billion Per Year During 2019-2023

(Energy Analytics Institute, Jared Yamin, 4.Nov.2018) — YPF expects to make investments of $5 billion per year during the 2019-2023 period as part of its initiative to be a leader […]

BP Extends Contract With Joe Douglas In Trinidad By One Well

(Energy Analytics Institute, Jared Yamin, 2.Nov.2018) — BP has extended its contract with the Joe Douglas in Trinidad by one well with an expected duration of 76 days. The extension […]

Royal Dutch Shell Provides 3Q:18 Highlights For Brazil And Argentina

(Energy Analytics Institute, Jared Yamin, 2.Nov.2018) — Royal Dutch Shell provided an update related to portfolio developments in Brazil and Argentina during the third quarter 2018. Third Quarter 2018 Portfolio […]

Canacol Energy 3Q:18 Results Release, Conference Call Date

(Canacol Energy Ltd., 2.Nov.2018) — Canacol Energy Ltd. will announce its third quarter 2018 financial results after the market close on Tuesday, November 13, 2018. Senior Management will hold a […]

Ex-Venezuela Oil Official Pleads Guilty In Graft Probe

(AP, 2.Nov.2018) The former finance chief of Venezuela’s state oil company pleaded guilty on Wednesday to participating in an alleged US$1.2-billion embezzlement scheme, a major breakthrough for US prosecutors targeting […]

YPF Injects $4 Million In Aerolíneas Argentinas, Jorge Newbery Airport

(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2018) — Argentina’s YPF announced it will make an investment of nearly $4 million in Aerolíneas Argentinas destined to renovate 9 supply units and for […]

Gazprombank Says No Role In Venezuela Graft Case

(Reuters, Alexandra Ulmer, 2.Nov.2018) — Russian bank Gazprombank on Friday said it had no role in a Venezuelan corruption case at state energy company PDVSA. Abraham Ortega, a former financial […]

YPFB Makes Initial Shipment Of Nitrogen Fertilizer To Brazil

(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 2.Nov.2018) — YPFB made its initial shipment of nitrogen fertilizer from Puerto Quijarro, in late October, to Baurú, a city located in […]

Echo Energy Appoints Independent Non-Executive Director

(Echo Energy, 2.Nov.2018) — Echo Energy announced appointment of Dr. Gavin Graham as an Independent Non-Executive Director of the company with immediate effect. Dr. Graham has nearly 40 years’ experience […]

In Guyana, Exxon Oil Project Stirs International Tensions

(Houston Chronicle, James Osborne, 2.Nov.2018) — Almost 4,000 feet beneath the surface of the Atlantic Ocean, off the northern coastline of South America, Exxon Mobil is drilling one of the […]

Natgasoline Places Around $900 Million Of New Debt

(Proman and CEL, 2.Nov.2018) — Consolidated Energy Limited (CEL) and OCI N.V. announced that their subsidiary Natgasoline LLC, the largest methanol production facility in the United States and one of […]

Ecuadorian Armed Forces Discover Fuel Tanks Destined For Smuggling

(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2018) — Ecuador’s Joint Task Force Armed Forces discovered 38 tanks filled with 55 gallons of fuel in an operation carried out on October 31, […]

Ecopetrol Could Invest $3-3.5 Bln In 2019, Same As This Year

(Reuters, 1.Nov.2018) — Colombian state-run oil company Ecopetrol will likely invest between $3 billion and $3.5 billion in 2019, the same figure as forecast for this year, its chief executive […]

Bolivia