(Seeking Alpha, 28.Oct.2020) — Hess Corporation announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. […]
Category: Latin America and the Caribbean
Valmet Deploys Vuzix M400 Smart Glasses At CMPC Plant
(Vuzix, 29.Oct.2020) — Vuzix® Corporation, a supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that Valmet, a leading global developer and […]
Guyana, ExxonMobil Negotiating Gas Price
(Argus, 29.Oct.2020) — Guyana is negotiating a gas price with ExxonMobil for a gas-to-power project to be commissioned at the end of 2023, government officials […]
Petrobras Updates On Dividend Policy
(Petrobras, 28.Oct.2020) — Petrobras informs that its Board of Directors, in a meeting held yesterday, approved the revision of the Shareholders Compensation Policy in order […]
Sungrow Crosses 1 GW Of PV Inverter Shipment In Chile
(Sungrow, 28.Oct.2020) — Sungrow, the global leading inverter solution supplier for renewables, announced that the Company hit 1 GW PV inverter cumulative shipment to Chile […]
Hess Reports 3Q:20 Results, Ups Guyana Resources
(Hess, 28.Oct.2020) — Hess Corporation reported a net loss of $243 million, or $0.80 per common share, in the third quarter of 2020, compared with […]
Maduro Says Amuay Hit By ‘Terrorist Tttack’
(Reuters, 28.Oct.2020) — Venezuelan President Nicolas Maduro on Wednesday said the country’s Amuay oil refinery was victim of a terrorist attack on Tuesday that involved […]
Ecopetrol’s 3Q:20 Earnings Call Transcript
(Seeking Alpha, 28.Oct.2020) — Colombia’s Ecopetrol announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. […]
Ecopetrol Reports Positive 3Q:20 Results
(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the third quarter and the first nine months of 2020. Financial results were […]
Ecuador Ends Maintenance At Shushufindi Gas Plant
(Energy Analytics Institute, 28.Oct.2020) — EP PetroEcuador finalized scheduled maintenance at the Shushufindi Gas Plant located in the SucumbÃos province. Work activities took place over […]
Venezuela Briefs: Amuay Explosion; Cardon Gasoline
(Energy Analytics Institute, 27.Oct.2020) — Refinery briefs from Venezuela on another explosion at Petróleos de Venezuela’s Amuay refinery and the restart of gasoline production at […]
Petrobras Acquires FPSO P-71 For Itapu Field
(Petrobras, 27.Oct.2020) — Petrobras informs that, after negotiations with its partners in BM-S-11 Consortium, Shell Brasil Petróleo Ltda (25%) and Petrogal Brasil S.A. (10%), signed […]
Financial Markets Are Not Venezuela’s Enemy
(Bloomberg, 27.Oct.2020) — The Guaido administration’s loss in a lawsuit over Citgo’s assets shows the folly of dragging international investors into the highly polarized conflict […]
Petrobras Receives Proposal For Gaspetro
(Petrobras, 27.Oct.2020) — Petrobras informs, regarding the news published in the media, that it received yesterday binding proposals for the sale of its 51% stake […]
Petrobras Approves Ethical Conduct Guide For Suppliers
(Petrobras, 27.Oct.2020) — Petrobras approved the Guide to Ethical Conduct for its suppliers. It is the first document exclusively aimed at our suppliers, with guidelines […]
Atlas Renewable Obtains $67mn Loan From IDB Group
(Atlas Renewable Energy, 26.Oct.2020) — Atlas Renewable Energy obtained a $67 million loan from IDB Invest, member of IDB Group, and from DNB Bank ASA […]
Karoon Energy Names Julian Fowles As New CEO
(Karoon Energy, 26.Oct.2020) — Karoon Energy Ltd announced Dr Julian Fowles has been appointed as Chief Executive Officer and Managing Director. Dr Fowles will commence […]
Highview Power And Enlasa To Develop Storage Projects
(Highview Power, 25.Oct.2020) — Highview Power, a global leader in long duration energy storage solutions, entered into a joint venture agreement with EnergÃa Latina S.A.-Enlasa, […]
Venezuela Eyes Oil Output Of 1.829 MMb/d in 2021
(Energy Analytics Institute, 24.Oct.2020) — Venezuela’s oil minister Tareck El Aissami and Petróleos de Venezuela (PDVSA) head Asdrúbal Chávez revealed plans to achieve a production […]
Seeds Energy Inaugurates Biogas Plant
(Energy Analytics Institute, 24.Oct.2020) — Seeds Energy Group remotely inaugurated its biogas plant located in Venado Tuerto, Santa Fe where it plans investments of $12mn. […]
Sign of Venezuela’s Oil Collapse Is Storage Surge
(Bloomberg, 23.Oct.2020) — Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the […]
Petrobras Reveals Teaser For Sergipe E&P Assets
(Petrobras, 23.Oct.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of a set of eleven onshore production […]
Venezuela Briefs: LPG Shortage, Eni On Nabarima
(Energy Analytics Institute, 23.Oct.2020) — Energy briefs from Venezuela regarding ongoing shortages of liquefied petroleum gas (LPG) and Italy’s Eni submitting a proposal regarding the […]
Karoon Gets ANP Approval For Baúna Acquisition
(Karoon Energy, 23.Oct.2020) — Karoon Energy Ltd provided the market with the following update on the Baúna asset acquisition: — Karoon announced the Board of […]
ANH Says 16 Companies Qualified For 3rd PPAA
(Energy Analytics Institute, 23.Oct.2020) — Colombia’s National Hydrocarbon Agency or ANH published a definitive list of 16 companies qualified for the third cycle of its […]
Trinidad Briefs: Nabarima Stable, Budget Prices
(Energy Analytics Institute, 23.Oct.2020) — Energy briefs from Trinidad and Tobago related to an update on the status of the FSO Nabarima offshore Venezuela in […]
Neuquén Targets 80 Rigs By March 2021: Gutiérrez Says
(Energy Analytics Institute, 22.Oct.2020) — Argentina’s Neuquén Province Governor Omar Gutiérrez said joint work by companies and workers will allow the region to achieve a […]
Petrobras Concludes $1bn Global Notes Offering
(Petrobras, 22.Oct.2020) — Petrobras concluded the offering of its 5.60% Global Notes due January 2031 in the international capital market in the amount of $1bn […]
Frontera Reveals Details Of 3Q:20 Conference Call
(22.Oct.2020) — Frontera Energy Corporation will announce its third quarter results after the market closes on 4 November 2020 followed by a conference call with […]
Petrobras Boosts Production Outlook
(Reuters, 20.Oct.2020) — Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production […]
PDVSA’s Cardon Refinery Halts Operations
(Energy Analytics Institute, 20.Oct.2020) — Petróleos de Venezuela’s Cardon refinery in Punto Fijo has once again halted operations. The stoppage impacts the recently restarted production […]
Ecopetrol Reveals Date Of 3Q:20 Earnings Report
(20.Oct.2020) — Bogotá-based Ecopetrol SA plans to release its financial and operating results for the third quarter 2020 on 27 October 2020 after the market […]
Vitol Recordings Expand Brazilian Oil Bribery Probe
(Reuters, 20.Oct.2020) — Brazilian police expanded a long-running corruption probe at state-controlled oil company Petroleo Brasileiro SA based in part on secret recordings made by […]
Compañia Argentina de Comodoro Buys NGX’s Interests In Argentina
(NGX Energy, 20.Oct.2020) — NGX Energy International Corp. (formerly CruzSur Energy Corp.) accepted an offer from Compañia Argentina de Comodoro Rivadavia Explotacion de Petróleo S.A. […]
Exmar Inks $150mn Agreement With YPF
(Energy Analytics Institute, 19.Oct.2020) — Belgium-based Exmar reached a $150mn settlement with Argentina’s state-controlled YPF SA related to a dispute under the Tango FLNG agreements. […]
Petrobras Reveals Results Of Its Cash Tender Offers
(Petrobras, 20.Oct.2020) — Petrobras announces the expiration and expiration date results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras […]
Petrobras Updates On 3Q:20 Production And Sales
(Petrobras, 20.Oct.2020) — Petrobras’ operational performance in 3Q20 was very good, considering the challenging scenario imposed by the COVID-19 pandemic. Our oil and gas production […]
Nabarima: Potential Oil Spill Larger Than Exxon-Valdez
(350.org, 20.Oct.2020) — While a record deluge of intensifying hurricanes hit the Caribbean and Gulf, many of the same communities are at risk of a […]
TechnipFMC Inks EPCI Deal For Breidablikk Pipelay
(TechnipFMC, 19.Oct.2020) — TechnipFMC has been awarded a significant(1) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, including option for the […]
Venezuela Needs To Rethink Oil: Luis Xavier Grisanti Says
(Energy Analytics Institute, 19.Oct.2020) — Faced with globalization and the scientific and technological revolution of the last quarter of a century, countries highly dependent on […]
Bolivia Briefs: Elections, Responses From Abroad
(Energy Analytics Institute, 19.Oct.2020) — Bolivia brief related to general elections held 18 October 2020 as well as initial responses from abroad. Bolivia’s Arce Says […]
Luis Acre Restores Bolivia To Socialist Party Rule
(Argus, 19.Oct.2020) — Gas-rich Bolivia’s socialist party swept yesterday’s elections and will return to power by year’s end, but with a more pragmatic leader at […]
Bolivia’s Arce Emerges As Presidential Winner
(Energy Analytics Institute, 19.Oct.2020) — Bolivian presidential hopeful Luis Arce appears to have won the country’s general election. “We still don’t have an official count, […]
EP PetroEcuador Restarts Activities At SOTE
(Energy Analytics Institute, 18.Oct.2020) — EP PetroEcuador restarted operations at the 360,000 barrel per day capacity Trans-Ecuadorian Pipeline System (SOTE by its Spanish acronym) after […]
Nabarima Floating Storage Tanker At Risk Of Sinking
(Energy Analytics Institute, 17.Oct.2020) — The Nabarima floating storage unit with around 1,180,000 barrels of oil and located offshore Venezuela’s Sucre state is at increased […]
Petrobras Delays Bidding For Parque Das Baleias FPSO
(Energy Analytics Institute, 16.Oct.2020) — Rio de Janeiro-based Petróleo Brasileiro SA or Petrobras, announced it has postponed the Integrated Project of Parque das Baleias by […]
US Embassy In Trinidad Concerned About Nabarima
(Energy Analytics Institute, 16.Oct.2020) — The US Embassy in Trinidad and Tobago expressed continued concerns about the potential risk to safety and environment posed by […]
Petrobras Starts Alagoas Assets Binding Phase
(Petrobras, 15.Oct.2020) — Petrobras, following up on the release disclosed on 29 July 2020, informs the beginning of the binding phase regarding the sale of […]
Fernandez Announces Details Of Gas Plan 4
(Energy Analytics Institute, 15.Oct.2020) — Argentina’s President Alberto Fernández announced details of the country’s Gas Plan 4 during a visit to the Vaca Muerta formation. […]
Bolivia General Election On The Horizon
(Energy Analytics Institute, 15.Oct.2020) — Populist leaders appear to be on the rise again and elections on the horizon in Latin America from Bolivia to […]