(Braskem, 8.May.2019) â Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% […]
Category: Europe
Europe energy
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) â 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) â 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) â 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) â 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) â 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) â 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) â 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) â 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) â Shell Offshore Inc. (âShellâ), 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) â 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) â Oil production in Venezuela has dipped so low that the owner of the worldâs largest reserves is importing crude for […]
Phoenix Global Announces Departure Of CEO Anuj Sharma
(Phoenix, 23.Apr.2019) â 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) â 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) â 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) â 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) â 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) â Spainâs Repsol suspended its swaps of refining products for crude with Venezuelaâs state-run oil company PDVSA, people […]
Wintershall Expands Portfolio In Argentina
(WorldOil, 17.Apr.2019) â 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) â The U.S. sanctions on Venezuelaâs 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) â Commenting on Chevronâs US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, senior analyst, corporate analysis, said: âThis is the biggest upstream deal […]
Enel Ups Stake In Chile Unit, Supports $3.5bn Capital Hike Plan
(Renewables Now, 11.Apr.2019) â 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) â 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) â 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) â 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) â Knowledge exchange between Chinese and Argentine technicians spurs large-scale joint infrastructure projects within the framework of the Belt and Road Initiative (BRI), […]
Chile, India, And Jordan Set The Green Standard
(The Christian Science Monitor, Timmy Broderick, 8.Apr.2019) â Solar panels, wind turbines, geothermal vents â all three are technologies that were once solely the province […]
Students Put Energy Efficient Cars To The Test At Shell Eco-marathon Americas
(Shell, 7.Apr.2019) â Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title […]
New U.S. Sanctions Seek To Block Venezuelan Oil Shipments To Cuba
(NYT, Annie Karni and Nicholas Casey, 5.Apr.2019) â The Trump administration announced on Friday its latest round of economic sanctions against the government of President […]
Venezuela Blackouts Cut Oil Output by Half During March
(Bloomberg Fabiola Zerpa, 4.Apr.2019) â Power failures that plunged Venezuela into darkness for much of March also briefly slashed the countryâs crude production by half, […]
IGU Releases 2019 World LNG Report As Global Trade Continues To Grow
(IGU, 2.Apr.2019) â The International Gas Union (IGU) released its 2019 World LNG Report â an annual, in-depth analysis of the current state of the […]
Wintershall Says Low Costs Will Boost Profits After Merger With DEA
(Reuters, Vera Eckert, 21.Mar.2019) â BASFâs oil and gas subsidiary Wintershall will boost profitability after its planned merger with rival DEA, drawing on cost cuts […]
Germanyâs Wintershall Says Focusing On Brazil Offshore Oil Among Other Regions
(Reuters, 21.Mar.2019) â BASFâs oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) â OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on […]