(Reuters, Cassandra Garrison, 23.Apr.2019) — In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered by funding and technology from...
(McDermott, 22.Apr.2019) — McDermott International, Inc. and Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), today announced that KIPIC has awarded McDermott a technology contract...
(TASS, 22.Apr.2019) — Gazprom considers the possibility of acquiring a stake in one of the key producing assets of Argentina’s YPF, the company said on Monday. "Gazprom Group is considering...
(Exxon, 22.Apr.2019) — ExxonMobil said today that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy...
(Reuters, 19.Apr.2019) — The cash-strapped government is becoming increasingly reliant on the Kremlin. (Corrects April 18 story to make clear Reuters could not determine payments were made under the proposed...
(Renewables Now, 19.Apr.2019) — Czech solar developer Solek Group announced on Thursday its has started construction of three solar parks in Chile with a combined capacity of 16.64 MWp direct...
(Reuters, 18.Apr.2019) — All four Indian state-owned refiners that buy Iranian oil are confident of securing additional barrels from other producers, officials from the companies told Reuters. Indian refiners are...
(Reuters, Marianna Parraga, 18.Apr.2019) — President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to...
(Petrobras, 18.Apr.2019) — Petrobras announces that it has completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known as Moita Bonita, located in...
(Reuters, 17.Apr.2019) — Japan's Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will run on electricity, ethanol and...
(WorldOil, 17.Apr.2019) — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing...
(Qatar Petroleum, 16.Apr.2019) — Qatar Petroleum has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. Mr. Saad Sherida Al-Kaabi. Source: Qatar...
(WoodMac, 16.Apr.2019) — Following Santos’ announcement on the confirmation of a significant gas resource at Corvus-2 appraisal well, Wood Mackenzie senior analyst Daniel Toleman commented on the results: Based on...
(Santos, 16.Apr.2019) — Santos announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western Australia. The well, located in...
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers scrambling for alternatives to the...
(WoodMac, 12.Apr.2019) — Commenting on Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, senior analyst, corporate analysis, said: “This is the biggest upstream deal since Shell and BG in...
(CNOOC, 11.Apr.2019) — China National Offshore Oil Corporation (CNOOC), the country's biggest offshore oil and gas producer, is proactive in facilitating the innovation of technology, management and business model, continuously...
(Argus, Patricia Garip, 10.Apr.2019) — Darkness has befallen Venezuela in more than one sense, and incumbent oil companies are scrambling for a ray of light. It was hard enough for...
(Argus, 10.Apr.2019) — Peru’s natural gas reserves declined after the energy ministry reclassified the potential of Chinese state-owned CNPC’s block 58 from proven/probable reserves to contingent resources. The ministry said...
(Stabroek News, 10.Apr.2019) — The United States acknowledges that it is within Guyana’s sovereign right to renegotiate the controversial Production Sharing Agreement (PSA) between the country and ExxonMobil and its...
(Xinhua, 8.Apr.2019) — Knowledge exchange between Chinese and Argentine technicians spurs large-scale joint infrastructure projects within the framework of the Belt and Road Initiative (BRI), said Argentine workers at Chinese...
(The Christian Science Monitor, Timmy Broderick, 8.Apr.2019) — Solar panels, wind turbines, geothermal vents – all three are technologies that were once solely the province of wealthy nations. Now they...
(Shell, 7.Apr.2019) — Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title of most fuel-efficient vehicle. Northern...
(Energy Analytics Institute, Pietro D. Pitts, 7.Apr.2019) — Argentina contains the second largest recoverable non-conventional natural gas resources in the world with 802.2 trillion cubic feet (Tcf), only trailing Asian...
(ENN Group, 5.Apr.2019) — ENN has signed a Heads of Agreement (HOA) with Woodside Energy for the procurement of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for...
(Bloomberg Fabiola Zerpa, 4.Apr.2019) — Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, according to people familiar with...
(Argus, 4.Apr.2019) — Turkey-based Gungen is one of a handful of shipowners that continues to transport Venezuelan crude oil after the US levied sanctions on the South American country's state-owned...
(Reuters, 2.Apr.2019) — Argentina is still negotiating the terms of a Beijing-bankrolled nuclear power project in Buenos Aires province, a government official said on Tuesday, adding that China’s own Hualong...
(Financial Express, Huma Siddiqui, 1.Apr.2019) — With big plans to converting all its vehicles to an electric platform by 2030, India is reaching out to the `Lithium Triangle’ in South...
(Reuters, 29.Mar.2019) — Russian Energy Minister Alexander Novak said on Friday he planned to discuss with his Venezuelan counterpart ways to increase oil exports from Venezuela. He did not give...
(Oilprice.com, Julianne Geiger, 26.Mar.2019) — Venezuela is once again finding itself in the dark in another massive power outage, according to Aljazeera, weighing further on the South American country that...
(Reuters, 26.Mar.2019) — Brazil is likely to sign an energy sector cooperation agreement with Israel during President Jair Bolsonaro’s visit to the Middle Eastern country later this month, Brazilian Mines...
(Energy Analytics Institute, Aaron Simonsky, 25.Mar.2019) — Uruguayan company Ingener will build the electrical infrastructure for the 125 megawatt Neuquen wind park “Los Meandros” for the Chinese company Envision Energy....
(Economic Times of India, 25.Mar.2019) — New Delhi: India may increase oil imports from Brazil and Mexico to offset the loss of Venezuelan oil in the wake of US sanctions...
(Energy Analytics Institute, Ian Silverman, 25.Mar.2019) — Heard on the street and LatAmNRG briefs on YPFB expecting to incorporate 4 MMcm/d of gas production in 2019, Bolivia seeking to boost...
(ANI, 25.Mar.2019) — President Ram Nath Kovind on Monday embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen...
(Reuters, Vera Eckert, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall will boost profitability after its planned merger with rival DEA, drawing on cost cuts from the move, an expansion...
(Sputnik, 20.Mar.2019) — The presidents of Bolivia and Russia will meet in Moscow on 11 July to discuss bilateral cooperation in the gas sector and research of nuclear technologies, Bolivian...
(Reuters, Nidhi Verma and Marianna Parraga, 21.Mar.2019) — India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with...
(IHS Markit, Liquid Bulk Principal Analyst, Maritime & Trade, Fotios Katsoulas, 20.Mar.2019) — With most experts anticipating Venezuela’s output to further decline over the next couple of weeks, PDVSA, the...
(Reuters, Gram Slattery, 19.Mar.2019) — Brazilian independent oil company PetroReconcavo has entered direct negotiations with state-run Petroleo Brasileiro SA to purchase a cluster of 34 oilfields in the nation’s northeast,...
(Reuters, 18.Mar.2019) — The Mexican government will invite four companies to bid in a restricted tender to build the new Dos Bocas refinery for state oil company Pemex, Energy Minister...
(S&P Global Platts, 19.Mar.2019) — Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close...
(Reuters, 18.Mar.2019) — Australia’s Macquarie Group is leaving one of the groups that will present a new bid for a gas pipeline network put on sale by Brazil’s state-controlled oil...
(Economic Times, Sanjeev Choudhary, 18.Mar.2019) — India is considering Venezuela’s proposal to use rupee for trade payments to protect the current oil import from the South American nation facing hardening...
(Asia Nikkei, 18.Mar.2019) — Vietnam’s Ministry of Public Security is investigating a loss-making oil and gas project in Venezuela, as Hanoi probes corruption involving state enterprises and the South American...
(Reuters, 16.Mar.2019) — A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signalling possible progress in a deal that could increase...
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and...
(Bloomberg, Javier Blas, 11.Mar.2019) — OPEC officials are scheduled to meet for dinner with senior executives from North America’s booming shale oil industry on the sidelines of CERAWeek by IHS...
(Reuters, Lesley Wroughton, Luc Cohen, Marianna Parraga, 10.Mar.2019) — The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela...
(AP, Scott Smith and Sheyla Urdaneta, 6.Mar.2019) — Marin Mendez leaned a shoulder into his rusty Chevy Malibu, rolling it forward each time the line of cars inched closer to...
(Sigrid Kaag and Carlos Manuel Rodríguez, co-chairs of the NDC Partnership, 6.Mar.2019) — On March 8th, groups around the world will celebrate International Women’s Day, recognizing the achievements of women...
(Oilprice.com, Tsvetana Paraskova, 6.Mar.2019) — Nicolas Maduro’s staunchest international ally—Russia—reaffirmed last week its full support to the Socialist leader’s regime and his efforts to prevent what Moscow sees as interference...
(S&P Global Platts, 5.Mar.2019) — Surpassing Russia, Brazilian crude oil shipments for China’s independent refineries topped the list in February at 2.17 million mt, S&P Global Platts monthly survey showed...
(Reuters, 4.Mar.2019) — Venezuela’s oil minister will visit Russia soon to formally complete the move of state oil company PDVSA’s office to Moscow from Lisbon, the Interfax news agency cited...
(Renewables Now, 28.Feb.2019) — Japan’s Shizen Energy Inc announced on Wedneday it has started construction on January 29 of a 1.1-MW direct current (DC) solar power plant in Brazil. The...
(Oilprice.com, Irina Slav, 27.Feb.2019) — Russian companies in Venezuela are not experiencing any problems resulting from the escalation in the political situation in the country and have not incurred any...
(Oilprice.com, Irina Slav, 26.Feb.2019) — More than eight million barrels of Venezuelan crude oil is sitting in tankers as U.S. sanctions are preventing the country from selling the commodity worth...
(BBC, Jack Goodman, 25.Feb.2019) — The United States has imposed tough sanctions on Venezuela’s oil industry to put pressure on President Nicolás Maduro to step down. Oil dominates Venezuela’s economy,...
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 23.Feb.2019) — Argentina, Bolivia and Chile hold the largest lithium resources in the world and consequently in the Latin America and Caribbean...
(Petroleum Economist, Charles Waine, 22.Feb.2019) — Despite severe US sanctions, President Maduro is standing firm. But how long can the political impasse last while oil production continues to decline? Venezuela...
(S&P Global Platts, 22.Feb.2019) — US sanctions could more than halve Venezuela's crude production by the end of the year, hitting heavy oil joint ventures in the Orinoco Belt and...
(Reuters, Tatiana Voronova, 17.Feb.2019) — Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk...
(Reuters, Stephen Jewkes, 15.Feb.2019) — Italian major Eni said it intends to expand in the Middle East after a spree of deals in the Gulf last year, pressing ahead with...
(Economic Times, Dipanjan Roy Chaudhury 14.Feb.2019) — India hopes to benefit from Argentine agriculture sector, a strong pillar of local economy, besides tapping natural gas deposits. With an eye on...
(Argus, 11.Feb.2019) — India´s two leading refiners will continue to import Venezuelan crude but will no longer supply oil products to Venezuela´s state-owned PdV because of US sanctions, Indian downstream...
(Reuters, Corina Pons, Marianna Parraga, 9.Feb.2019) — Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at...
(S&P Global Platts, 8.Feb.2019) — US sanctions imposed on Venezuela’s state-owned PDVSA could further support an already tight high sulfur fuel oil market in Europe, sources said. The European fuel...
(Axios, Steve LeVine, 8.Feb.2019) — On the coast of South America, just north of Brazil, lies the impoverished former British colony of Guyana, distantly remembered for a bizarre mass suicide...
(ExxonMobil, 6.Feb.2019) — The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in...
(Reuters, 5.Feb.2019) — Venezuelan state oil company PDVSA’s principal amount of debt to Russian oil producer Rosneft stood at $2.3 billion at the end of the fourth quarter, down from...
(Energy Analytics Institute, Piero Stewart, 4.Feb.2019) — Amerisur Resources Plc spud the Calao-1X exploration well on the CPO-5 block using rig E-2029 on February 1, 2019, the company announced in...
(Bloomberg, Jose Enrique Arrioja, Nick Wadhams, and Anna Edgerton, 4.Feb.2019) — Venezuela’s government-in-waiting intends to scrap requirements that state-owned oil giant PDVSA keep a controlling stake in joint ventures as...
(Energy Analytics Institute, Aaron Simonsky, 4.Feb.2019) — EXMAR’s Floating LNG Liquefaction Unit (FLNG), Tango FLNG, has reportedly arrived to the port at Bahia Blanca in Argentina, according to local media...
(Wood Mackenzie, 2.Feb.2019) — The sanctions the US government has imposed against Venezuela aim to curb the Maduro government’s access to revenue from crude export. But impact could they have...