(ANH, 20.Dec.2019) — With 31 exploration and production (E&P) contracts subscribed and investment commitments of more than $2,714 million in 2019, the government of Colombia’s President Ivan Duque fulfills the...
(Argus, 20.Dec.2019) — PdV is leaning on joint-venture partners as it looks to continue a nascent crude output revival and live up to an improved economic outlook for 2020 The...
(NYT, 20.Dec.2019) — At stake is control of the country’s National Assembly, which is controlled by the opposition leader Juan Guaidó, who has accused President Nicolás Maduro of corruption. The...
(CNOOC, 20.Dec.2019) — CNOOC Limited announced 20 Dec. that Liza field offshore Guyana has safely commenced production ahead of schedule. Liza Phase 1 development project is located in the Stabroek...
(Exxon, 20.Dec.2019) — ExxonMobil announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons,...
(Petrobras, 20.Dec.2019) — Petrobras, following up on the release dated on October 4, 2019 informs the beginning of the binding phase related to the sale of Gabriel Passos Refinery (REGAP)...
(Petrobras, 20.Dec.2019) — Petrobras reports that its wholly owned subsidiary Petrobras Biocombustíveis S.A. (PBio) has started the opportunity disclosure phase (teaser) related to the joint sale of all its shares...
(Petrobras, 20.Dec.2019) — Petrobras reports on divestments in the biofuels segment. The company guideline to exit this segment, announced in 2016, accelerated in 2019 and four important transactions were carried...
(Energy Analytics Institute, Ian Silverman, 20.Dec.2019) — Bolivia’s state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) announced an investigation has been launched related to alleged transfers to MAS or the...
(Energy Analytics Institute, Piero Stewart, 20.Dec.2019) — Operations at the Shushufindi-Quito poly-duct pipeline have been halted due to a fissure detected in the Baeza sector, which lead to the spill...
(Energy Analytics Institute, Piero Stewart, 20.Dec.2019) — EP PetroEcuador awarded Lukoil Pan Americas Llc a contract to import 1,770,000 barrels of Naphtha Ron 85, a mixing component in the production...
(Reuters, 19.Dec.2019) — Anglo-French firm Perenco, UK-based Trident Energy and Premier Oil Plc are among the companies examining the purchase of a cluster of Petrobras oilfields in Brazil known as...
(Energy Analytics Institute, Ian Silverman, 19.Dec.2019) — Bolivia’s interim President Jeanine Áñez and the country’s Energy Minister Rodrigo Guzmán announced an up to 50% reduction in electricity rates nationwide. The...
(TT Newsday, 19.Dec.2019) — Our fuel subsidy gobbles hundreds of millions that could be spent on improving the country and distorts the economy. It is time we scrapped the remaining...
(Argus, 19.Dec.2019) — Peru's government has deployed army troops to safeguard a jungle stretch of the Camisea natural gas and gas liquids pipelines from potential attacks under a 60-day emergency...
(Braskem, 18.Dec.2019) — Braskem, the largest thermoplastics resins producer in the Americas and leading producer of biopolymers in the world, selected global technology provider CenturyLink, Inc. to deliver a global SD-WAN...
(Energy Analytics Institute, Jared Yamin, 18.Dec.2019) — Mexico’s state oil company Petroleos Mexicanos (Pemex) announced plans to conduct an emergency exercise as part of its annual efforts related to emergency...
(Petrobras, 18.Dec.2019) — Petrobras announced its Board of Directors, at a meeting held 18 Dec., approved the distribution of anticipated remuneration to shareholders as interest on equity, in the total...
(Petrobras, 18.Dec.2019) — Petrobras, under the scope of its ongoing contingency assessment process, decided to join the Programs for Partial Tax Remission and Interest and Fine Reduction on VAT (ICMS)...
(Petrobras, 18.Dec.2019) — Petrobras has completed the economic feasibility study regarding the completion of the Comperj refinery construction, together with the Chinese company CNPC and its affiliates, under the agreements...
(Energy Analytics Institute, Piero Stewart, 18.Dec.2019) — Venezuela’s state oil company Petróleos de Venezuela (PDVSA) carried out major maintenance at the 100-megawatt turbo combustion generator at the Termobarrancas Electric Generation...
(Minerva, 17.Dec.2019) — Minerva Bunkering (Pte) Ltd purchased 100% of the share capital of CEPSA Panama SA from Compañía Española se Petróleos, S.A for an undisclosed amount. "As one of...
(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — A delegation accompanying US representative Bruce Williamson meet with Bolivia’s Hydrocarbon Minister Víctor Hugo Zamora to discuss possibilities that the two countries work...
(S&P Global Platts, 17.Dec.2019) — Production levels by Venezuelan state-owned PDVSA and its international partners in the Orinoco Belt rose to 500,000 b/d, or 38.5% of its 1.3 million b/d...
(Petrobras, 17.Dec.2019) — Petrobras, following up on the release disclosed on 11/01/2019, started the binding phase referring to the sale of its interest in fifteen onshore exploratory blocks, located in...
(Petrobras, 17.Dec.2019) — Petrobras, following up on the release disclosed on 11/01/2019, announces that it has started the binding phase referring to the sale of its interest in fifteen onshore...
(Atlas, 17.Dec.2019) — Atlas Renewable Energy, a leader in clean energy across Latin America, announces that its fourth project in Brazil, Sertão Solar Barreiras Complex, is fully operational. The plant...
(Reuters, 17.Dec.2019) — China's Sinopec and U.S.-based EIG Global Energy Partners have delivered non-binding offers to buy Brazilian refinery REGAP from state-run oil firm Petrobras, three people with knowledge of...
(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — Bolivia’s Hydrocarbon Minister Víctor Hugo Zamora said the new team at state oil company YPFB will be fundamental in negotiations related to expansion...
(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — YPFB President Herland Javier Soliz Montenegro announced plans to provide an update on the status of company’s entire production chain within three months....
(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — Bolivia’s Hydrocarbon Minister Victor Hugo Zamora announced that the country’s state oil company YPFB was a healthy company. "YPFB is in good health,"...
(Energy Analytics Institute, Piero Stewart, 16.Dec.2019) — Colombia’s state oil company Ecopetrol announced plans to pay a $1.1 billion extraordinary dividend in December. The dividend of $89 Colombian pesos per...
(Touchstone, 16.Dec.2019) — Touchstone Exploration Inc. has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago....
(Energy Analytics Institute, Piero Stewart, 16.Dec.2019) — EP PetroEcuador awarded Trafigura Pte. Ltd. a contract to import of 3,360,000 barrels +/- 2% of Premium Diesel. The fuel will be imported...
(Demerara Waves, Denis Chabrol, 16.Dec.2019) — The Ministry of the Presidency’s Department of Energy denied breaching the procurement process for sale of Guyana’s first three million barrels of oil aimed...
(Petrobras, 16.Dec.2019) — Petrobras, following up on the press release disclosed on August 14, 2019, prepaid a $5 billion loan with China Development Bank (CDB), due in 2027. This prepayment...
(Petrobras, 16.Dec.2019) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its interest in the concession BM-P2, located in the Pelotas Basin, in the state of...
(Energy Analytics Institute, Ian Silverman, 16.Dec.2019) — Petroleum engineer Herland Javier Soliz Montenegro was named the new president of Bolivia’s state oil company YPFB, replacing engineer José Luis Rivero. Soliz...
(Reuters, 15.Dec.2019) — Guyana has invited companies interested in purchasing the first three deliveries of the government’s share of the country’s looming oil production to present bids this week, the...
(Petrobras, 13.Dec.2019) — Petrobras received correspondence from Banco Nacional de Desenvolvimento Econômico e Social (BNDES), in which it communicates the intention to evaluate the sale up to the totality of...
(Bloomberg, Lucia Kassai, 13.Dec.2019) — Oil traders are packing their bags for a trip to the world’s newest petrostate -- a place they know remarkably little about. At least half...
(Energy Analytics Institute, Aaron Simonsky, 12.Dec.2019) — Mr. Esteban Kiper was appointed as General Manager of the Electric Market Management Company or CAMMESA, during an ordinary assembly chaired by Argentina’s...
(Transocean, 12.Dec.2019) — Transocean Ltd. announced the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago. The contract is expected to...
(Petrobras, 12.Dec.2019) — Petrobras said rating agency S&P Global Ratings (S&P) raised the company's global scale outlook from stable to positive, and maintained its corporate debt rating at "BB-". Yesterday,...
(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy markets, today released their 2020...
(Petrobras, 11.Dec.2019) — Petrobras started the opportunity disclosure stage (teaser), relating to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (TAG). The teaser, which contains...
(Petrobras, 11.Dec.2019) — Petrobras following up on the release dated November 1, 2019, informs that, in alignment with its cash management strategy and in accordance with the provisions of the...
(Bloomberg, Peter Millard and Fabiola Zerpa, 11.Dec.2019) — Workers are starving, equipment is crumbling and output is languishing near record lows at Venezuela’s state oil producer. Yet yoga, guitar and...
(Energy Analytics Institute, Ian Silverman, 10.Dec.2019) — Forestry Engineer Marcelo Ayala Torrez was named the new Vice President of Bolivia's Contract and Control Administration (VPACF by its Spanish acronym). Ayala...
(Forbes, Dylan Baddour, 10.Dec.2019) — As protesters continue to push demands in Colombia, the government here has asked its oil company, Ecopetrol S.A., for a billion-dollar dividend to cover its...
(S&P Global Platts, 10.Dec.2019) — Pemex's largest hydrocarbon reserve discovery in 30 years is boosting the Mexican government's confidence that the troubled state-run enterprise can reverse a more than decade-long...
(Energy Analytics Institute, Piero Stewart, 10.Dec.2019) — OPEC Secretary General Mohammad Barkindo assured that unilateral sanctions imposed on member countries of the organization are unhealthy for the efficient functioning of...
(Oilprice.com, Irina Slav, 10.Dec.2019) — YPF, the Argentine state energy company, has drilled the longest horizontal oil well lateral, at 3,890 meters, or more than 12,700 feet, in the Vaca...
(Reuters, 10.Dec.2019) — Venezuela’s crude output in November jumped more than 20% from the prior month to the highest level since the United States tightened sanctions on state oil company...
(Chron.com, Sergio Chapa, 9.Dec.2019) — Six executives of Houston refiner Citgo are out of a Venezuelan prison, according to a late Monday report by Reuters. After spending two years in...
(Petrobras, 9.Dec.2019) — Petrobras, following up on the release disclosed on 04/25/2019, reports that it has completed today the sale of its entire stake in 34 onshore production fields located...
(Petrobras, 9.Dec.2019) — Petrobras, in accordance with the commitments made through the Agreement, signed with the Administrative Council for Economic Defense (CADE), on July 8, 2019, informs that it is...
(Argus, 9.Dec.2019) — Brazilian state-controlled Petrobras has started pre-qualifying bidders for a long-term lease of its 20mn m³/d Bahia LNG import terminal and associated pipeline, opening the company's lock on...
(Kòrsou, 9.Dec.2019) — Refineria di Kòrsou (RdK) continues to take steps to shape the transition period that has been agreed during a meeting last week between the RdK and PDVSA...
(Energy Analytics Institute, Ian Silverman, 9.Dec.2019) — Bolivia plans to reduce electricity rates, retroactively from November 2019, in eight of the South American country’s nine departments. Users in the departments...
(Stabroek News, 7.Dec.2019) — Guyana’s Natural Resource Fund (NRF), which will hold oil revenues, is to be located in the Federal Reserve Bank of New York rather than the Central...
(Trinidad Express, 7.Dec.2019) — The Trinidad and Tobago Electricity Commission (T&TEC) has appealed to customers in Trinidad to conserve electricity this weekend, while the National Gas Company (NGC) carries out...
(Reuters, Luc Cohen, Deisy Buitrago, Mayela Armas, 6.Dec.2019) — Venezuela’s government and opposition have discussed allowing private companies in joint ventures with state oil company PDVSA to operate oil fields...
(Zacks Equity Research, 6.Dec.2019) — Exxon Mobil Corporation is planning to commence a 31-well exploration campaign offshore Guyana, per Argus. The company has submitted requests to the Environmental Protection Agency...
(Pemex, 6.Dec.2019) — The President of Mexico, Andrés Manuel López Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza, toured the Quesqui oil field, which according...
(Reuters, Oliver Griffin, 5.Dec.2019) — Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round on Thursday, as the Andean nation seeks...
(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it cuts debt and sells assets...
(Frontera, 5.Dec.2019) — Frontera Energy Corporation announced full year 2020 capital plan and guidance information. All values in this news release and the Company's financial disclosures are in United States...
(IB Times, Palash Ghosh, 4.Dec.2019) — Ahead of this week’s meeting of the Organization of the Petroleum Exporting Countries in Vienna, the tiny South American nation of Guyana will likely...
(Reuters, 4.Dec.2019) — Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as the company continues to aggressively...
(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York City on Dec. 4, which...
(Reuters, Luis Jaime Acosta, 3.Dec.2019) — Fifteen countries in the Americas agreed on Tuesday to ban 29 Venezuelans, including the oil-producing country’s president, Nicolas Maduro, and his close allies, from...
(Miami Herald, Jim Wyss and Nora Gamez Torres, 3.Dec.2019) — Washington continued to tighten its grip on Venezuela and Cuba on Tuesday, naming six oil tankers that deliver fuel from...
(Petrobras, 3.Dec.2019) — Petrobras, following up on the release dated on 09/30/2019 and 10/15/2019, reports on the beginning of the binding phase regarding the sale of its interests in eight...
(Petrobras, 3.Dec.2019) — Petrobras started the opportunity disclosure stage, referring to the sale of its interest in two onshore exploratory blocks, located in the Espírito Santo Basin. Petrobras holds a...
