(Canadian Solar, 6.Jun.2019) — Canadian Solar Inc. signed a module contract with the global solar power company Solarcentury to supply 500 MW modules to Solarcentury’s […]
Category: Europe
Europe energy
Bristow Inks Five Year Deal With BP
(Energy Analytics Institute, Jared Yamin, 31.May.2019) — Bristow Group Inc. signed a new deal with BP plc to support its North Sea operations. The contract, […]
BP Says Advancing Its Business In Trinidad And Tobago
(bptt, 31.May.2019) — BP’s Upstream chief executive Bernard Looney yesterday emphasized the company’s long-term commitment to Trinidad and Tobago during a meeting with the Honourable […]
LatAmNRG Bolivia Briefs: YPFB And Shell Deal For Yapucaiti X 1 Well
(Energy Analytics Institute, Ian Silverman, 24.May.2019) — Heard on the street and LatAmNRG briefs related to YPFB being the withholding agent for transport carriers in […]
Guyana Investigates Oil Block Leases Controlled By Exxon
(Oilprice.com, Tsvetana Paraskova, 23.May.2019) — The world’s newest offshore hotspot, Guyana, is in the early stages of a probe into how oil exploration rights were […]
Saudi Aramco And Sempra Energy Ink Largest LNG Deal For 6 Years
(WoodMac, 22.May.2019) — Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement […]
Ultrapar To Acquire Up To $200,000,000 Of Outstanding 5.250% Notes Due 2026
(Ultrapar, 22.May.2019) — Ultrapar International S.A., a public limited liability company (sociĂ©tĂ© anonyme) organized and established under the laws of the Grand Duchy of Luxembourg […]
Repsol Winds Down Operations In Venezuela
(VOA, Martin Arostegui, 21.May.2019) — Spain’s Repsol, the last western oil giant with major operations in Venezuela, is leaving the embattled country, as pressure mounts […]
Buenavista Renewables, ESCO, And Zodiac Aerospace Ink Long-Term PPA
(Buenavista, 20.May.2019) — Buenavista Renewables MĂ©xico, S. de R.L. de C.V. (“BVR”), a Buenavista Renewables company, and ESCO Comercializadora EnergĂ©tica S. de R.L. de C.V., […]
OPEC Founder Venezuela Pumps Less Oil Than Three Of Its Neighbors
(Bloomberg, Lucia Kassai, 20.May.2019) —Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American countries as years of mismanagement […]
Enel: Positive Impact From Resolution Of Pending Issues In Argentina
(Enel, 17.May.2019) — Enel S.p.A. announces that its listed Chilean subsidiary Enel AmĂ©ricas S.A. (“Enel AmĂ©ricas”) informed that its subsidiary in Argentina, Empresa Distribuidora Sur […]
Tullow Oil, Partners Exempted From Range Of Taxes In Guyana
(Stabroek News, 17.May.2019) — The National Assembly on Wednesday assented to tax concessions for the United Kingdom-headquartered Tullow Oil as well as its partners. “I […]
Wintershall DEA Boosts Interest In Block 5 Offshore Mexico
(Wintershall DEA, 17.May.2019) — Wintershall Dea and its partners in Block 5, Murphy Sur (operator), a wholly owned subsidiary of Murphy Oil Corporation, and PC […]
Argentina Awards 18 Exploration Areas Offshore For $724 Million
(Energy Analytics Institute, Aaron Simonsky, 17.May.2019) — Argentina’s Energy Secretariat awarded 18 areas corresponding to the first International Offshore Public Competition, the country’s Finance Ministry […]
Total CEO Says Planned Buy Of Anadarko’s Africa Assets ‘Perfectly Fitting’
(Reuters, Humeyra Pamuk, 16.May.2019) — French energy giant Total SA’s planned acquisition of U.S. firm Anadarko’s African assets is “perfectly fitting” with the company’s overall […]
Rising U.S. Oil Output Helps Fill Gap Left By Iran, Venezuela: IEA
(Reuters, Noah Browning, 15.May.2019) — The world will require very little extra oil from OPEC this year as booming U.S. output will offset falling exports […]
JinkoSolar Prices Follow-on Offering Of 4,062,500 ADSs And Private Placement
(JinkoSolar, 15.May.2019) — JinkoSolar Holding Co., Ltd. announced priced the follow-on offering of 4,062,500 American depositary shares (the “ADSs”), each representing four ordinary shares of […]
LatAmNRG Briefs: OPEC MOMR, EP PetroEcuador Import Awards
(Energy Analytics Institute, Piero Stewart, 14.May.2019) — Heard on the street and LatAmNRG briefs related to OPEC’s Monthly Oil Market Report, EP PetroEcuador awards Trafigura […]
Eni Reports New Light Oil Find In Block 15/06 Offshore Angola
(Eni, 14.May.2019) — Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu […]
Rovuma LNG Development Plan Approved By Mozambique Government
(Eni, 14.May.2019) — Mozambique Rovuma Venture said today that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will […]
Pompeo, Putin Could Decide Venezuela’s Fate
(Oilprice.com, Tsvetana Paraskova, 14.May.2019) — U.S. Secretary of State Mike Pompeo and Russian President Vladimir Putin are meeting on Tuesday to discuss various issues, including […]
Equinor Boosts Stake In Caesar Tonga Field In Deepwater US GOM
(Equinor, 13.May.2019) — Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc […]
Delek’s US GOM Caesar Tonga Oil Acquisition Cancelled
(Globes, 12.May.2019) — One of the existing partners has exercised its first right of refusal on the rights in the Caesar Tonga oil field. The […]
WoodMac: Chevron Exits Bidding War For Anadarko
(WoodMac, 9.May.2019) — Chevron Corporation today announced that it would not offer a counter proposal to Occidental Petroleum’s rival bid to acquire Anadarko Petroleum. Earlier […]
Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19
(Braskem, 8.May.2019) — Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% […]
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) — Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s […]
Wintershall DEA Names Manfred Böckmann To Head Argentina Unit
(Wintershall, 2.May.2019) — Wintershall Dea announced a change of leadership at Wintershall EnergĂa (soon to be Wintershall Dea Argentina). Manfred Böckmann took over the position […]
Noble Corporation plc Reports 1Q:19 Results
(Noble, 1.May.2019) — Noble Corporation plc today reported a net loss attributable to the Company for the three months ended March 31, 2019 (first quarter) […]
BASF And LetterOne Finalize Merger Of Wintershall And DEA
(LetterOne, 1.May.2019) — LetterOne and BASF today announced the completion of the merger of their oil and gas businesses to create Wintershall Dea, the largest […]
Calling Students Ages 13-18 Years Old To Participate In Science And Math Contest
(Breakthrough, 1.May.2019) — The Breakthrough Prize Foundation announced today the launch of its fifth annual Breakthrough Junior Challenge, a global student science and mathematics competition […]
Oil Tops $73/bbl Then Pares Gains As Venezuela’s Maduro Claims Support
(Reuters, Collin Eaton , 30.Apr.2019) — Oil prices rose on Tuesday above $73 a barrel but then eased off the session high after Venezuela’s president […]
Finnish Refiner Neste Hit By Venezuela Oil Sanctions
(Reuters, Tarmo Virki, 26.Apr.2019) — Finnish biofuel producer and oil refiner Neste reported a bigger than expected fall in quarterly profit on Friday, with U.S. […]
Shell Announces Deep-Water GOM Discovery At Blacktip Prospect
(Shell, 24.Apr.2019) — Shell Offshore Inc. (“Shell”), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Blacktip prospect in the […]
Reuters Corrects Story Saying Venezuela Is Avoiding U.S. Sanctions by Funneling Oil Sales Through Russia
(The Moscow Times, 24.Apr.2019) — Reuters has corrected a story it published on April 18 saying Venezuela is funneling cash flow from oil sales through […]
Venezuela Imports Crude For The First Time In Five Years
(Bloomberg, Lucia Kassai, 24.Apr.2019) — Oil production in Venezuela has dipped so low that the owner of the world’s largest reserves is importing crude for […]
Phoenix Global Announces Departure Of CEO Anuj Sharma
(Phoenix, 23.Apr.2019) — Phoenix Global Resources plc announces that Mr. Sharma has served a notice on the company, which the company is treating as a […]
Venezuela Seeks To Collect Some Oil Payments Via Rosneft
(Reuters, 19.Apr.2019) — The cash-strapped government is becoming increasingly reliant on the Kremlin. Venezuelan state oil company PDVSA has asked at least two of its […]
Czech Group Solek Start Work On 16.6 MWp Of PV Plants In Chile
(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 […]
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
(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 […]
Exclusive: Venezuela Skirts U.S. Sanctions By Funneling Oil Sales Via Russia
(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 […]
Repsol Cuts Swap For Venezuelan Oil Under U.S. Pressure
(Reuters, Collin Eaton and Marianna Parraga, 17.Apr.2019) — Spain’s Repsol suspended its swaps of refining products for crude with Venezuela’s state-run oil company PDVSA, people […]
Wintershall Expands Portfolio In Argentina
(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 […]
This New Oil Hotspot Is Replacing Venezuelan Crude
(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 […]
Chevron Buys Anadarko In $50bn Cash-And-Stock Deal
(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 […]
Enel Ups Stake In Chile Unit, Supports $3.5bn Capital Hike Plan
(Renewables Now, 11.Apr.2019) — Italian renewables-focused utility Enel SpA (BIT:ENEL) on Wednesday said it has concluded the purchase of an additional 4.62% stake in its […]
TechnipFMC Inks Significant Subsea Deal For The Lapa Pre-Salt Field In Brazil
(Energy Analytics Institute, Aaron Simonsky, 9.Apr.2019) — TechnipFMC said it has been awarded a significant contract for the Lapa field by Total E&P do Brasil […]
Repsol And Petro-Peru Raise Fuel Prices Again In Peru
(Energy Analytics Institute, Ian Silverman, 8.Apr.2019) — Repsol and Petro-Peru released details of their new fuel prices over the weekend. According to the details, fuel […]
Shell Invests In Nature In Move To Tackle CO2 Emissions
(Shell, 8.Apr.2019) — Carbon-neutral driving launch in the Netherlands complements investments in new electric vehicle charge points. Reforestation partnerships announced in the Netherlands and Spain […]
Knowledge Exchange Spurs China-Argentina Infrastructure Projects
(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), […]