(Forbes, 18.Jul.2020) — As I wrote earlier this month, the future of the nascent oil and gas industry in the South American nation of Guyana is standing on shaky ground...
(Ecopetrol, 17.Jul.2020) — Ecopetrol S.A. informs that the Board of Directors approved a new organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3 billion and...
(Tullow, 17.Jul.2020) — Tullow is also working closely with the government to secure additional licenses. The Marina-1, non-operated exploration well, drilled in block Z-38 offshore Peru in Q1 2020 did...
(Citgo, 17.Jul.2020) — The Board of Directors of CITGO Petroleum Corporation has appointed Edgar Rincon as Chief Operating Officer (COO) and Executive Vice President, reporting to CITGO President and CEO...
(Petrobras, 17.Jul.2020) — Petrobras, in compliance with article 30, item XXXIV of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more than 5% (five percent) of...
(YPF, 17.Jul.2020) — YPF S.A. announced results of the Early Participation Date (as defined below) with respect to its previously announced exchange offer to exchange any and all of its...
(Petrobras, 17.Jul.2020) — Petrobras, following up on the releases disclosed on 17 May 2019 and 21 June 2019, informs that, yesterday, the United States Court of Appeals for the Fifth...
(Ocean Infinity, 16.Jul.2020) — Ocean Infinity, a marine robotics company, successfully completed its recent project for ExxonMobil, within the Stabroek block offshore Guyana. The project involved acquiring high-resolution geophysical and...
(bpWE, 16.Jul.2020) — bp Wind Energy (bpWE) agreed to acquire the remaining 50% interest in the bp operated, Fowler Ridge 1 wind asset from its current partner, Dominion Fowler Ridge...
(Siemens, 16.Jul.2020) — Siemens will establish mobile working as a core component of its “new normal” and will make it a permanent standard, both during the global pandemic and beyond....
(Petrobras, 16.Jul.2020) — Petrobras informs that the Oil and Gas Climate Initiative (OGCI), an organization which Petrobras is a member, established a new collective target to reduce the carbon intensity...
(OGCI, 16.Jul.2020) — The Oil and Gas Climate Initiative (OGCI) announced a target to reduce the collective average carbon intensity of member companies’ aggregated upstream oil and gas operations to...
(Shearman & Sterling, 15.Jul.2020) — The Colombian government has issued a new timetable for the tender with respect to the design, construction and operation under a build, own and operate,...
(Citgo, 15.Jul.2020) — Citgo Petroleum Corporation Board of Directors announced today that Pablo Pérez Barreiro, Marcelo Laprea-Bigott and Carlos Jordá have been named to the Board of Directors. "Pablo Pérez...
(Reuters, 15.Jul.2020) — Brazil’s Ibitu Energia, owned by U.S.-based asset manager Castlelake LP, plans to invest roughly 4.5 billion reais ($839.43 million) in renewable energy assets in the coming five...
(Energy Analytics Institute, 15.Jul.2020) — The Vaca Muerta gas pipeline, one of the most ambitious projects of the government of Argentina’s former President Mauricio Macri, was suspended indefinitely by Energy...
(Reuters, 15.Jul.2020) — U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks...
(Energy Analytics Institute, 15.Jul.2020) — Technical papers from Nakasawa Resources on thermal recovery technologies; EOR projects: when how and why?; and heavy oil exploitation: unavoidable future. Nakasawa Resources Technical Papers...
(Rystad Energy, 15.Jul.2020) — The development of Guyana’s world-class deepwater oil resources in the Payara-Pacora project of its prolific Stabroek block, whose addition is set to add billions of dollars...
(Energy Analytics Institute, 15.Jul.2020) — The Liza Unity FPSO hull has arrived from China to the Keppel shipyard in Singapore where it will be fitted with 13 topside modules to...
(Petrobras, 15.Jul.2020) — Petrobras, following up on the release disclosed on 30 September 2019, informs that it has finalized today the sale of its entire participation in two onshore production...
(US Treasury, 15.Jul.2020) — On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All international observers of the vote...
(Energy Analytics Institute, 15.Jul.2020) — Mexico’s Energy Secretariat anticipates a rise in the number of workers to be employed during the rehabilitation of the Salamanca refinery this year versus last....
(TermoCandelaria, 14.Jul.2020) — TermoCandelaria Power Ltd, an electric power generation company in Colombia, which owns and operates a large portfolio of thermal power plants in Colombia, announced that it received...
(McDermott, 14.Jul.2020) — McDermott International Ltd. announced it has been awarded a *large engineering and procurement contract from Azikel Petroleum Ltd. for the modular 12,000 BPD Hydro-Skimming Refinery project. The...
(Petrobras, 14.Jul.2020) — Petrobras reports that the platforms installed in the Búzios field (P-74, P-75, P-76 and P-77), in the Santos Basin pre-salt, reached new production records yesterday, of 674,000...
(Petrobras, 14.Jul.2020) — Petrobras informs that, on July 11th, it successfully concluded tests on an industrial scale for the production of renewable diesel. The tests were conducted at the Presidente...
(Petrobras, 14.Jul.2020) — Petrobras informs that in early July, it completed, in half the time, the construction of the 7 GLF 49H ESS offshore well, in the Golfinho field, in...
(Energy Analytics Institute, 14.Jul.2020) — Suriname elected Progressive Reform Party (VHP) front man Chan Santokhi as the country’s president and Ronnie Brunswijk, leader of the General Liberation and Development Party...
(Tullow Oil, 13.Jul.2020) — After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with its Joint Venture Partners Total...
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world's largest shippers from Venezuela's oil industry, new players are willing to brave the heightened risks and help keep socialist leader Nicolás...
(Oilprice.com, 13.Jul.2020) — The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump Administration is looking to cut...
(Oilprice.com, 13.Jul.2020) — The United States has been raising its imports of fuel oil from Russia over the past year and a half after the U.S. imposed sanctions on Venezuela’s...
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world’s largest shippers from Venezuela’s oil industry, new players are willing to brave the heightened risks and help keep socialist leader...
(Energy Analytics Institute, 13.Jul.2020) — Ecuador ‘s transparency unit of the hydrocarbon ministry received a complaint that dates back and relates to the management of the former YPFB Refining general...
(YPF, 13.Jul.2020) — Argentina’s state oil company YPF Sociedad Anónima announced 13 July 2020 changes to a debt exchange offering. The offering consists of the following: (i) Class XIII 8.500%...
(Fitch Ratings, 13.Jul.2020) — Fitch Ratings has downgraded Suriname's Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) to 'RD' from 'C'. KEY RATING DRIVERS The downgrade of Suriname's LT-FC IDR to...
(The New York Times, 13.Jul.2020) — Desi Bouterse has cast a long shadow over Suriname since its independence. Once a dictator, he returned as a populist, but fell in the...
(Argus, 13.Jul.2020) — Guyana's political stalemate is prolonging uncertainty over the future management of the South American country's fledgling oil sector, and raising the prospect of US sanctions. The declaration...
(Argus, 13.Jul.2020) — Ecuador's austerity-minded government is in discussions with China to secure a new loan backed by oil sales. The fresh loan of at least $1.4bn would be secured...
(Petrobras, 13.Jul.2020) — Petrobras reports that its refinery in Duque de Caxias (Reduc), located in Rio de Janeiro, reached the mark of 16,773 tons of asphalt sold in June 2020,...
(Energy Analytics Institute, 12.Jul.2020) — Technical staff with the Consortium Suez-Ecuambiente continues with previous work related to the export of hazardous waste from the Las Esmeraldas refinery, which consists of...
(OAS, 11.Jul.2020) — The Organization of American States (OAS) notes that the Chief Elections Officer of Guyana, in direct opposition to the instructions of the Chair of the Guyana Elections...
(Petrobras, 11.Jul.2020) — Petrobras informs that it has decided, preventively, to interrupt supplying a specific imported batch of aviation gasoline after tests carried out at its research center (Cenpes). The...
(Sputnik, 10.Jul.2020) — India is one of the biggest buyers of Venezuelan oil in spite of US sanctions. Private Indian refiners Reliance Industries and Nayara Energy are the only buyers...
(Energy Analytics Institute, 10.Jul.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) together with state controlled EP PetroEcuador plan to define the contractual mechanism for a private investor...
(Bloomberg, 10.Jul.2020) — Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash and a messy turn in...
(Energy Analytics Institute, 10.Jul.2020) — René Ortiz, the head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) extended terms for the delivery of technical and economic offers --...
(Reuters, 10.Jul.2020) — Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's second-largest refinery, the Brazilian state-owned oil company said in a...
(Reuters, 10.Jul.2020) — Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company...
(OAS, 10.Jul.2020) — In our most recent press statement, on 23 June 2020, the OAS encouraged the Guyana Elections Commission (GECOM) to move forward in concluding Guyana’s electoral process, based...
(Petrobras, 10.Jul.2020) — Petrobras, following up on the release disclosed on 07/03/2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO) signed an agreement for the sale of its 8.40%...
(Petrobras, 10.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale of its entire 51% stake...
(Stabroek News, 10.Jul.2020) — Having gone almost entirely unnoticed in the global oil & gas industry for decades, both Guyana and neighbouring Suriname are now claiming their respective shares of...
(Reuters, 9.Jul.2020) — India’s Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under a swap deal the parties say is...
(Energy Analytics Institute, 9.Jul.2020) — Ecuador envisions mining exploration investments of $1.3bn through January 2022, according to comments from the country’s Mines Vice Minister Fernando L. Benalcázar. Benalcázar’s comments came...
(Talos, 9.Jul.2020) — Talos Energy Inc. announced that on 7 July 2020, that it received a notice from Mexico's Ministry of Energy (SENER) instructing the partners of Block 7 and...
(Petrobras, 9.Jul.2020) — Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there was approval by the company's...
(Petrobras, 9.Jul.2020) — Petrobras signed with OP Pescada Óleo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Óleo e Gás S.A., an agreement for the sale of its entire...
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana's fledgling oil sector, after a regional court cleared the way for declaring a victory for the opposition...
(Weatherford, 8.Jul.2020) — Weatherford International plc has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will...
(Energy Analytics Institute, 8.Jul.2020) — Mexico’s Energy Secretary (Sener) instructed the unification of a shared reservoir between the Zama field discovered through Contract CNH-R01-L01-A7 / 2015 by Talos Energy Offshore...
(Energy Analytics Institute, 8.Jul.2020) — René Ortiz, head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR), CELEC EP General Manager Gonzalo Uquillas Vallejo, and Ecuador’s Hydrocarbon Vice Minister...
(Petrobras, 8.Jul.2020) — Petrobras informs that the Paulínia Refinery (Replan), located in the state of São Paulo, broke the monthly production record for Bunker 2020, a low-sulfur fuel oil used...
(Reve, 8.Jul.2020) — The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables driven energy transformation at the heart of...
(Argus, 8.Jul.2020) — PdV received a cargo of ultra-low sulfur diesel today at its Amuay terminal, close to where the Venezuelan state-owned company is running into more snags at its...
(Reuters, 8.Jul.2020) — Petrobras is preparing to launch a tender to build Brazil's largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm...
(Reuters, 8.Jul.2020) — French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand's...
(Oilprice.com, 8.Jul.2020) — The latest oil price collapse coupled with the considerable economic fallout from the coronavirus pandemic has battered Colombia’s fragile economy. As the strife-torn Latin American country emerged...
(Amply, 7.Jul.2020) — Bringing California closer to its goal to transition all public transit agencies to 100 percent zero-emission bus fleets by 2040, AMPLY Power is managing the charging of...
(Talos, 7.Jul.2020) — Talos Energy Inc. will release second quarter 2020 results for the period ended June 30, 2020 on Wednesday, August 5, 2020 after the U.S. financial market closes....
(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA)...
(Bloomberg, 7.Jul.2020) — Isabel dos Santos, who is accused of causing billions of dollars in losses to the Angolan government during her father’s 38-year rule, said she is available to...
(Reuters, 7.Jul.2020) — Brazilian energy company Cosan SA said its planned reorganization may involve the capitalization of all operating units controlled and co-controlled by the group. In a securities filing...
(Duke Energy, 7.Jul.2020) — Duke Energy Renewables, a subsidiary of Duke Energy, announced that its 200-megawatt alternating current (MWac) Holstein Solar project in Nolan County, Texas, has begun commercial operation....