(Argus, 28.Jul.2022) — Spain’s integrated Repsol has resumed its crude-for-debt deal with Venezuela, and said the arrival of around 3mn bl of Venezuelan crude at its Spanish terminals this month will help to partly offset a weakening of its refining margins. Repsol chief executive Josu Jon Imaz said the return […]
Category: Spain
Spain
US to Allow Venezuelan oil to be Shipped to Europe: Report
(The Hill, 5.Jun.2022) — The U.S. will reportedly resume allowing Venezuelan oil to flow to Europe, people familiar with the matter told Reuters. The outlet on Sunday reported that Eni SpA and Repsol SA, which are Italian and Spanish respectively, could ship Venezuelan oil to Europe as early as next month […]
US to Let Eni, Repsol Ship Venezuela Oil to Europe, Reuters Says
(Bloomberg, 5.Jun.2022) — The US could allow Italy’s Eni SpA and Spain’s Repsol SA to ship Venezuelan oil to Europe as soon as July to make up for Russian crude, Reuters reported, citing people familiar with the matter. The US State Department gave the two companies the green light to resume shipments in […]
Repsol to Invest €105mn in the Puertollano Industrial Complex
(Repsol, 2.Jun.2022) — Repsol will invest 105mn euros in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing ultra high molecular weight polyethylene (UHMWPE), a material considered a ‘super polymer’ due to its exceptional properties. This new plant will be operational by the […]
Siemens Gamesa and Greenalia Push Energy Transition in Spain
(Siemens, 30.May.2022) — Siemens Gamesa and independent power producer Greenalia will install a hat-trick of wind farms in the province of A Coruña, northwest of Spain, for a total capacity of 110MW. The three wind farms will be equipped with 22 SG 5.0-145 turbines, one of the company’s most powerful […]
Orvana’s Revises Guidance Due to Impacts on Orovalle Operation
(Orvana, 10.May.2022) — Orvana Minerals Corp. (TSX: ORV) reports consolidated financial and operational results for the quarter ended 31 March 2022 and announces revised guidance for fiscal year 2022 for the Orovalle operation to take into consideration the impacts caused by COVID-19 related absenteeism, delays in spare parts supply in Europe, the nationwide transportation strike […]
NRGBriefs: The Vennie-Trini Gas Dilemma; TotalEnergies’ 1Q:22 Results
(Energy Analytics Institute, 28.Apr.2022) — Energy briefs including Venezuela’s inability to develop its gas sector presenting a massive opportunity for neighboring Trinidad and Tobago with its already well-established gas economy and massive four-train Atlantic LNG export complex; Paris-based TotalEnergies reporting 1Q:22 financial results; and Spanish oil giant Repsol reporting production […]
Repsol Posts 1Q:22 Net Income of €1.392bn [PDF Downloads]
(Repsol, 28.Apr.2022) — Repsol‘s integrated business model and management in line with its Strategic Plan have allowed it to post a net result of €1.392bn, taking advantage of the improved economic context compared to the first quarter of 2021 that was still influenced by the global pandemic. Other 1Q:22 highlights: Adjusted net income, […]
NRGBriefs: Argentina Inflation Likely to Exceed 6% in March 2022
(Energy Analytics Institute, 13.Apr.2022) — Energy briefs including economists in Argentina expecting inflation in Mar. 2022 to exceed 6%; and Energy Analytics Institute’s short takeaway on US sanctions on the Venezuelan gov’t and PDVSA only worsening living conditions for the majority of Venezuelan citizens. LATIN AMERICA AND THE CARIBBEAN Argentina […]
NRGBriefs: Mantaro Names New CEO, Petrobras Cash Tender Offers [PDF Download]
(Energy Analytics Institute, 5.Apr.2022) — Energy briefs including Mantaro Precious Metals Corp. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) naming Craig Hairfield to the position of CEO; Argentine agriculture sector worried about a lack of gasoil; Petrobras Global Finance B.V. (PGF), has commenced cash tender offers; the US yet to ease sanctions in […]
Orvana Announces Restart of Production at Orovalle, Spain [PDF Download]
(Orvana Minerals, 4.Apr.2022) — Orvana Minerals Corp. (TSX: ORV) has restarted operations and production at its Orovalle Operation in Spain. The nationwide transport strike that started on 14 March 2022 was suspended on Saturday, 2 April 2022. Supply chains are being progressively reactivated, after three weeks of disruption due to the nationwide strike. The Company […]
Attend the Madrid Energy Conference from 6-8 Apr. 2022
(Global Event Partners, 26.Mar.2022) — The Madrid Energy Conference has become the nexus for Latin American and European energy leaders to discuss energy transition solutions and clean energy advances, as well as how to navigate challenges exacerbated by COVID-19, particularly in terms of finance and fiscal stability in Latin America. Our […]
NRGBriefs: Chile Eyes Reducing CO2 Emissions by 35% by 2030
(Energy Analytics Institute, 10.Jan.2022) — Energy briefs including Chile enacting the country’s first Energy Efficiency Law in its history; bp naming AndrĂ©s Guevara De la Vega as its new president over bp in Spain; and more. EUROPE Spain — AndrĂ©s Guevara De la Vega has been name as the new […]
Orvana Files 2021 Annual Info
(Orvana, 29.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) filed its annual info. For for the year ended 30 September 2021 (the “AIF”) and independent 43-101 report on the Don Mario Tailings Reprocessing Project, Eastern Bolivia. The company also provided a summary of its updated preliminary assessment report for Taguas Project, which will be […]
Orvana Closes €15mn Syndicated Loan in Spain
(Orvana Minerals, 23.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) closed a €15mn syndicated loan with two Spain-based banks, through its wholly-owned subsidiaries in Spain, Orvana Minerals Iberia S.L.U. and Orovalle Minerals S.L. Orvana will use the proceeds to fund the development of the Taguas Project in Argentina and structural capital expenditures in Spain. “The closing of […]
Cox Energy Starts Dual Listing On Spain’s BME Growth
(Cox Energy, 22.Nov.2021) — Cox Energy AmĂ©rica (BIVA/BMV: COXA*), the first photovoltaic solar energy company to be listed on a Latin American stock exchange, announces to its shareholders and the general public that, in accordance with the resolutions issued at the ordinary and extraordinary general shareholders’ meeting held on 16 November […]
Platinum Equity To Acquire Urbaser From China Tianying For $4.2bn
(Platinum Equity, 6.Jun.2021) — Platinum Equity entered into a definitive agreement to acquire Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2bn (€3.5bn). The sale is expected to be completed during the third quarter of 2021, subject to […]
International Gas Union Releases 12th Annual World LNG Report [PDF Download]
(International Gas Union, 3.Jun.2021) — The International Gas Union (IGU) is today releasing its 12th annual World LNG Report, the world’s most comprehensive public source of information on key developments and trends in the LNG sector. An exceptional year Much has changed since the release of the 2020 report, when […]
Iberdrola Buys First 1,000 Supernova Fast Chargers From Wallbox
(Iberdrola, 2.Jun.2021) — Iberdrola is acquiring the first Supernova fast chargers from the electric vehicle smart charging manufacturer Wallbox, that it will install globally, in the markets in which it operates. This agreement was announced by the Chairman of Iberdrola, Ignacio Galán, and the Co-Founder and CEO of Wallbox, Enric […]
LatAm Briefs: IPD On Sanctions On Venezuela, bp’s Looney On Transformation
(Energy Analytics Institute, 4.May.2021) — Energy briefs from the Latin America and Caribbean region including: IPD Latin America’s Managing Director David Voght on US’ sanctions on Venezuela and bp’s CEO Bernard Looney on the company’s evolution from an IOC to an IEC. IPD’s David Voght On US’ Sanctions On Venezuela […]
LatAm Briefs: New Pacific In Bolivia, Orvana’s 2Q:21 Production
(Energy Analytics Institute, 15.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: New Pacific acquiring the Carangas Silver Project, Bolivia and Orvana announcing second quarter production of 14,197 AuEq oz and exploration update. New Pacific Acquires the Carangas Silver Project, Bolivia (New Pacific Metals, 12.Apr.2021) — New […]
Orvana Updates On Judicial Process In Spain
(Orvana Minerals Corp., 3.Mar.2021) — Orvana Minerals Corp. provided an update on its subsidiary’s OroValle Minerals S.L., ongoing judicial process which started in 2015. This Process has been continuously disclosed and updated in the company’s quarterly financial statements since 30 June 2015 The Process relates to selenium discharge levels in […]