(President Energy, 20.Jan.2020) — President Energy plc reports on subscription for new ordinary shares by Trafigura, conversion of debt into equity and immediate reduction of debt by $5.95 million and...
(Touchstone, 20.Jan.2020) — Touchstone Exploration Inc. provided an exploration update, highlighted by the first stage of production testing of the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the...
(Argus, 20.Jan.2020) — The US government is hoping a high-profile international tour by Venezuelan opposition leader Juan Guaido will re-inject momentum into its protracted campaign to unseat President Nicolas Maduro....
(Jamaica Observer, 19.Jan.2020) — The Marshall Islands registered crude oil tanker, Yannis P , has arrived here as the country will soon lift the first one million barrels of crude...
(Newsday, 19.Jan.2020) — Shell TT has announced a final investment decision (FID) on the development of Block 5C (Barracuda) in the East Coast Marine Area (ECMA). Barracuda is a greenfield...
(Oilprice.com, 19.Jan.2020) — There’s only one path to rebuilding Venezuela, and it’s paved with oil. For the time being, that path leads nowhere. The key to controlling everything now lies...
(Energy Analytics Institute, Jared Yamin, 19.Jan.2020) — Officials with Mexico's state oil company Petroleos Mexicanos (Pemex) visited three wells: Xikin, Xanab and Tlacame 3. The latter was drilled using the...
(Oilprice.com, 18.Jan.2020) — The discovery of the Maka field in offshore Suriname will become one of the main upstream stories of 2020, bringing Suriname onto the international oil map, potentially...
(Argus, 17.Jan.2020) — Washington will allow Chevron and four US oil field service providers to continue operating in Venezuela until 22 April by granting a fourth waiver late yesterday from...
(Alliance News, 17.Jan.2020) — Star Phoenix Group Ltd said Friday the Trinidad & Tobago state oil and gas firm has approved the sale of Range Resources Trinidad Ltd to LandOcean...
(Argus, 16.Jan.2020) — Venezuela kicked off the new year with at least 730,000 b/d of crude exports, led by several India-bound cargoes, according to local and international shipping data obtained...
(GeoPark, 16.Jan.2020) — GeoPark Limited closed the previously announced acquisition of Amerisur Resources Plc. GeoPark acquired the entire issued share capital of Amerisur for a total cash consideration of approximately...
(Reuters, 16.Jan.2020) — Colombia’s environment minister said on Thursday the Andean country will increase monitoring of its jungles and forests to fight deforestation and protect the species that call these...
(Stabroek News, 16.Jan.2020) — A Guyanese offshore laboratory technician will go down in history as the person to test the first sample of Guyanese crude oil as it came through...
(Bloomberg, 16.Jan.2020) — Some buyers of Venezuelan crude oil have halted purchases after the country started demanding payment of port fees in its failed cryptocurrency. Exports of at least 1...
(Petrobras, 16.Jan.2020) — Petrobras, with regards to news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that the information that a...
(Reuters, 15.Jan.2020) — The Trump administration’s envoy on Venezuela said China appears to be scaling back economic support for President Nicolas Maduro, and Beijing acknowledged a diminishing role largely due...
(Tullow, 15.Jan.2020) — Tullow Oil plc issued this update and guidance in advance of the Group’s 2019 Full Year Results. “Tullow has ended 2019 with average production of 86,700 bopd...
(Petrobras, 15.Jan.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in two sets of deep-water post-salt offshore concessions, namely Golfinho Cluster and...
(Reuters, 15.Jan.2020) — The Trump administration’s envoy on Venezuela said China appears to be scaling back economic support for President Nicolas Maduro, and Beijing acknowledged a diminishing role largely due...
(Energy Analytics Institute, Jared Yamin, 15.Jan.2020) — Executives from foreign companies are having a hard time convincing their parent companies to continue dedicating investments to activities in Mexico, according to...
(Energy Analytics Institute, Piero Stewart, 14.Jan.2020) — Venezuela’s President Nicolás Maduro signed a decree for the mandatory and immediate fulfillment of the sale of 4.5 million barrels of crude oil...
(Energy Analytics Institute, Ian Silverman, 14.Jan.2020) — Bolivia’s state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) guaranteed residents in La Paz and interior portions of the land-locked country that there...
(Petrobras, 14.Jan.2020) — Petrobras approved the mothballing of the fertilizer plant of its wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), located in the state of Paraná. ANSA has been posting...
(Petrobras, 14.Jan.2020) — Petrobras, following up on the release dated 10/31/2018, reports today that it completed the sale - to Petrovida Holding B.V. (Petrovida) - of the 50% equity interest...
(Argus, 13.Jan.2020 — Citgo, the US refiner that Venezuela's political opposition nominally wrested from the Opec country's national oil company PdV in 2019, is abandoning a refinery project in Aruba,...
(Reuters, 13.Jan.2020) — Venezuela, its oil exports decimated by U.S. sanctions, is testing a new method of getting its crude to market: allocating cargoes to joint-venture partners including Chevron Corp,...
(CNOOC, 13.Jan.2020) — CNOOC Limited announced its business strategy and development plan for the year 2020. The company's targeted net production for 2020 is 520 million to 530 million barrels...
(Reuters, 12.Jan.2020) — An Oklahoma oilfield company that played a central role in Venezuela's high profile attempt to convince the world it could halt production declines at its dilapidated oilfields...
(Energy Analytics Institute, Piero Stewart, 11.Jan.2020) — Illegal valves were again detected stealing crude oil from the Caño Limón-Coveñas oil pipeline and subsequently produced an oil spill in Caño Veinte...
(Energy Analytics Institute, Piero Stewart, 10.Jan.2020) — Bogotá Energy Group (GEB) was awarded 0.01% of the shares of Electro Dunas S.A.A. (EDSAA) by the Lima Stock Exchange in Peru as...
(Reuters, 10.Jan.2020) — The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm...
(Newsday, 9.Jan.2020) — The price of crude oil, natural gas, ammonia and methanol are critical to the health of the TT economy. These are the main earners of our much-needed...
(Reuters, 8.Jan.2020) — Venezuela’s ruling Socialist Party hopes legislators it recently declared to be in charge of congress will approve changes to ownership of some crucial state oil assets, five...
(S&P Global Platts, 8.Jan.2020) — Some Asian importers of Iraqi crude oil may scout for more heavy sour crude from Central and South America in the first quarter, as ongoing...
(Argus, 8.Jan.2020) — Argentina's shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425...
(MHPS, 7.Jan.2020) — Mitsubishi Hitachi Power Systems Americas (MHPS), Patria Investments, and Shell announced the signing of a contract with Brazil’s State-owned development bank (BNDES) to finance the gas-powered Marlim...
(Apache, 7.Jan.2020) — Apache Corporation and Total S.A. announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58. The well was drilled using the...
(Total, 7.Jan.2020) — Total and Apache have made a material oil discovery with the Maka Central-1 well on Block 58 offshore Suriname, on trend with the prolific discoveries in the...
(Argus, 7.Jan.2020) — Third-party evaluation showed that 60pc of Mexico's major Zama crude discovery lies within Talos Energy's shallow-water block 7, with the remainder on state-owned Pemex's acreage, the private...
(Caribbean Life News, 7.Jan.2020) — Guyana is on the cusp of great wealth development, celebrating its historic oil discovery of approximately half a billion barrels, but as this new industry...
(Argus, 7.Jan.2020) — The White House appears likely to extend a waiver for Chevron to operate in Venezuela after US-backed opposition leader Juan Guaido overcame a government-backed rival to retain...
(Reuters, 7.Jan.2020) — Venezuela’s oil exports plummeted 32% last year to 1.001 million barrels per day, according to Refinitiv Eikon data and state-run PDVSA’s reports, as a lack of staff...
(Reuters, 7.Jan.2020) — Three people were injured in a fire on a platform run by Mexican state oil firm Petroleos Mexicanos (Pemex) on Tuesday, the company said, briefly leading to...
(Chron.com, 7.Jan.2020) — Talos Energy touted promising new study results in Mexico's first big deepwater oil discovery, and the Houston producer is pushing to move forward so it can maintain...
(Mann+Hummel, 6.Jan.2020) — On 31 December 2019, the former CEO of Mann+Hummel Fluid Brasil, Luis Guilherme Pozzani da Rocha, officially signed the 100 percent purchase document of the company. The...
(Petrobras, 6.Jan.2020) — Petrobras, following up on the release disclosed on December 13, 2019, reports that it has received new correspondence from the National Bank for Economic and Social Development...
(S&P Global Platts, 6.Jan.2020) — Brazil sugar and ethanol group Cosan applied for environmental permits to build a second tranche of the Route 4 offshore natural gas export pipeline in...
(S&P Global Platts, 6.Jan.2020) — The US may respond to escalating political disarray in Venezuela by allowing a sanctions waiver for Chevron and four US oil services companies to expire...
(Fair Observer, 6.Jan.2020) — Guyana, home to just 750,000 people, is about to leap from one of the poorest to one of the richest countries in the world. The financial...
(Reuters, 6.Jan.2020) — Brazil’s government is working on a policy to reduce the local impact of spikes in international oil prices, officials said on Monday, reviving questions about the state...
(Stabroek News, 3.Jan.2020) — The commencement by ExxonMobil less than a fortnight ago of oil recovery from what is now firmly categorized as a “world class” oil find inside its...
(Reuters, 3.Jan.2020) — Venezuela’s Petropiar facility, a joint venture between state oil company PDVSA and Chevron Corp, is once again operating as a crude upgrader after several months working as...
(Reuters, 3.Jan.2020) — Mexico threw troubled state oil company Pemex a lifeline in 2019 to stop $80 billion in bonds held by investors worldwide being labeled junk by credit rating...
(Eco, 3.Jan.2020) — Eco (Atlantic) Oil & Gas Ltd. notes the recent announcement by Tullow Oil (37.5%), in partnership with Repsol (Operator, 37.5%) and Total (25%), regarding the cretaceous age...
(Petrobras, 3.Jan.2020) — Petrobras, informs that, due to the latest events in Middle East, it will carry on with its international market monitoring process. The company points out that, according...
(Energy Analytics Institute, Piero Stewart, 3.Jan.2019) — Ecuador’s state oil company PetroAmazonas EP boosted its production of crude oil by 4% in 2019, according to the country’s Ministry of Energy...
(Reuters, 3.Jan.2020) — Venezuelan state company PDVSA is letting some joint venture partners take over the day-to-day operation of oilfields as its own capacity dwindles due to sanctions and a...
(Energy Analytics Institute, Piero Stewart, 2.Jan.2019) — South America’s Ecuador is producing 537,689 barrels per day of crude oil, the country’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR) announced...
(Petrobras, 2.Jan.2020) — Petrobras announced that Board Member Clarissa de Araújo Lins presented her resignation as member of the Board of Directors of the company, as well as the Board...
(Energy Analytics Institute, Piero Stewart, 2.Jan.2020) — Ecuador officially exited the Organization of Petroleum Exporting Countries or OPEC, effectively 1 January 2020. The small South American country plans to divert...
(Newsday, 2.Jan.2020) — Call it a hunch. The deepwater acreages off the east coasts of Trinidad and Tobago were uncharted territory for hydrocarbon exploration but BHP, the world’s largest mining...
(Reuters, 2.Jan.2020) — Shares of Tullow Oil dropped by nearly a fifth on Thursday as the Africa-focused oil producer's update on the commercial viability of its new well offshore Guyana...
(Bloomberg, 2.Jan.2020) — Tullow Oil Plc discovered light oil at its Carapa-1 well in Guyana, but the reservoir was smaller than the troubled company had expected prior to drilling. Shares...
(Tullow, 2.Jan.2020) — Tullow Oil plc announces that the Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on...
(Stabroek News, 1.Jan.2020 — The Department of Energy (DE) has awarded a consultancy to Bayphase Ltd for the evaluation of plans for the development of ExxonMobil’s Payara oil field. Payara...
(Energy Analytics Institute, Ian Silverman, 1.Jan.2020) — South America’s Guyana, in preparation for elections to be held by the end of the first quarter of 2020, has opened calls for...
(Oilprice.com, 31.Dec.2019) — If anyone is to ever write a guidebook on political survival, the skills of Venezuelan President Nicolás Maduro would certainly top the contemporary charts. This autumn went...
(NGC, 31.Dec.2019) — National Gas Company Chairman Conrad Enill provided the company's year-end 2019 message, which highlighted milestones achieved during the year. Dear Colleagues and members of the NGC Group...
(Reuters, 31.Dec.2019) — With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in...
(Petrobras, 30.Dec.2019) — Petrobras following up on the press release disclosed on 27 December 2019, reaffirms that the total value of the sale of 50% of exploration and production rights...
(Energy Analytics Institute, Aaron Simonsky, 30.Dec.2019) — Brazil’s state oil giant Petrobras inked a transition agreement under the natural gas supply agreement (GSA) with its Bolivian counterpart Yacimientos Petrolíferos Fiscales...
(Petrobras, 30.Dec.2019) — Petrobras announced that JP Morgan Chase will be the new representative of the American Depositary Receipt (ADR) program for its shares traded in the New York Stock...
(Argus, 30.Dec.2019) — Mexican President Andres Manuel Lopez Obrador's pledges to put state-owned Pemex back at the center of policy have worried investors who had banked on joint public-private opportunities....
(Argus, 30.Dec.2019) — Possibly narrower differentials for sour crudes — under pressure from looming emissions regulations — could slow Ecuador's repayment of its oil-backed debt and limit availability for spot...
