Category: Asia
Asia energy
Fact Sheet: Hunt Oil In Peru
(Hunt Oil, 2.Feb.2019) — Hunt Oil Company of Peru L.L.C., Sucursal del PerĂş (HOCP) is part of the Camisea Consortium and holds a 25.2% interest in the License Contracts related to the largest natural gas producing fields in Peru, the Camisea Fields; which include Block 88 and Block 56 in […]
Venezuela’s Refinery Woes Send Fuel Imports Soaring -Internal Documents
(Reuters, Marianna Parraga, 6.Dec.2018) — Venezuela this month plans to import over 300,000 barrels per day (bpd) of refined products to ease domestic fuel shortages caused by hobbled refineries and need to prioritize exports, according to internal documents seen by Reuters. The country with the world’s largest crude reserves this […]
Argentine Leader Sees Tough Road Ahead
(AP, 5.Dec.2018) — Argentina’s president is celebrating the successful hosting of the Group of 20 summit, but he said Monday that he is ready for tough times ahead as his country confronts its economic crisis. President Mauricio Macri told The Associated Press in an interview that he took pride in […]
India’s ONGC Gets $32 Million Payment From PDVSA
(Reuters, 5.Dec.2018) — India’s Oil and Natural Gas Corp (ONGC) has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela’s state oil firm will be regular in making further payments, a senior […]
Putin Hosts Venezuela’s President, With Aid To Regime On Agenda
(ABCNews, Anastasia Bagaeva, 5.Dec.2018) — Venezuelan President Nicolas Maduro visited Moscow Wednesday for talks with Russian President Vladimir Putin. The Kremlin said assistance for Maduro’s regime was on the agenda. The two leaders will discuss Russian-Venezuelan trade and economic cooperation, the Kremlin said. Russia’s aggregate investment in Venezuela currently exceeds […]
ONGC Gets $32mn Pmt From PDVSA
(Reuters, Nidhi Verma, 4.Dec.2018) — India’s Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela’s state oil firm will be regular in making further payments, a […]