(Gran Tierra Energy Inc., 2.Feb.2015) – Gran Tierra Energy announced that the employment of its Chief Executive Officer and President Mr. Dana Coffield has been terminated. Coffield tendered his resignation...
(Harvest Natural Resources, 29.Jan.2015) – Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), have withdrawn without prejudice a Request for...
(Apco Oil and Gas International Inc., 29.Jan.2015) – Apco Oil and Gas International Inc. completed its merger with Pluspetrol Black River Corporation, a wholly-owned subsidiary of Pluspetrol Resources Corporation, in...
(WPX Energy Inc., 29.Jan.2015) – WPX Energy completed the disposition of its international interests upon the successful merger of Apco Oil and Gas International (APAGF) with a subsidiary of privately...
(Apco Oil and Gas International Inc., 26.Jan.2015) – Apco Oil and Gas International Inc. announced that its shareholders, at an extraordinary general meeting held on January 26, 2015, approved the...
(BPZ Resources, Inc., 22.Jan.2015) – BPZ Energy provided initial production rates from the Albacora A-27D development well at offshore Block Z-1. The company holds a 51% participation in Block Z-1...
(Rex International Holding Ltd., 21.Jan.2015) – Rex International Holding Limited (Rex International Holding or the Company, and together with its subsidiaries, the Group), one of the largest companies listed on...
(Global Credit Research, 21.Jan.2015) – Approximately $500 million of rated debt affected. Moody's Investors Service (Moody's) downgraded to Ba2 from Ba1 the corporate family rating assigned to Construtora Andrade Gutierrez...
(Gran Tierra Energy Inc., 20.Jan.2015) – The Bretaña Sur appraisal well completed drilling operations on the L4 lobe on the Bretaña field and encountered approximately six feet of oil pay...
(Gran Tierra Energy Inc., 20.Jan.2015) – Gran Tierra Energy Inc. said crude oil and natural gas production from continuing operations averaged approximately 25,200 barrels of oil equivalent per day (BOEPD)...
(Gran Tierra Energy Inc., 20.Jan.2015 – Gran Tierra Energy Inc. provides an operations update on its activities in the Chaza Block in the Putumayo Basin in Colombia. The Eslabón Sur...
(Gran Tierra Energy Inc., 20.Jan.2015 – Gran Tierra Energy Inc. provided an operations update on its activities in Colombia. Work continues at the Vonu-1 exploration well location, which will target...
(Harvest Natural Resources, 16.Jan.2015) – Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), submitted a Request for Arbitration against the...
(McDermott International, Inc., 6.Jan.2015) – McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for PEMEX Exploracion y...
(Apco Oil and Gas International Inc., 6.Jan.2015) – Apco Oil and Gas International Inc. announced that the Argentine province of Rio Negro has agreed to extend the concession term for...
(Harvest Natural Resources, 2.Jan.2015) – Harvest Natural Resources, Inc. announced that the Share Purchase Agreement (SPA) between Petroandina Resources Corporation N.V. (Petroandina), Pluspetrol Resources Corporation B.V. (Pluspetrol), Harvest and HNR...
(Sierra, 18.Sep.2014) — Sierra Oil & Gas S. de R.L. de C.V., Mexico's first independent exploration and production company, today announces that it has secured equity commitments of US$525 million....
(Reuters, Dmitry Zhdannikov, 16.Jun.2014) — Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas...
(Chevron 10.Apr.2014) — Chevron Corporation confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of shale oil and gas resources...
(OGJ, 24.Jan.2014) — China National Petroleum Corp. (CNPC) and the Ecuadorean government have reached an agreement regarding cooperation in a plan to construct a long-delayed refinery on Ecuador’s Pacific Coast....
(Energy Analytics Institute, Ian Silverman, 16.Jan.2014) – Argentina’s Vaca Muerta formation in the Neuquén Basin is best known for its shale oil and gas. The process related to the extraction...
(Harvest Natural Resources, 1.Jan.2014) — Venezuela is the largest province of proved oil reserves in the Western Hemisphere, with 297.6 billion barrels of proved oil reserves at year-end 2011 (the...
(Energy Analytics Institute, Ian Silverman, 29.Oct.2013) – Petrobras plans to sell its interest in onshore blocks and two pipelines to France's Perenco for $380 million to focus more attention on...
(Energy Analytics Institute, Ian Silverman, 25.Oct.2013) – PDVSA President Rafael Ramirez speaks to reporters in Puerto la Cruz, Venezuela about introduction of news tankers into fleet. Highlights of the discussion...
(Energy Analytics Institute, Ian Silverman, 10.Oct.2013) – Venezuelan President Nicolas Maduro seems to be allowing Oil Minister Rafael Ramirez to take charge of moving forward with the country's energy policy,...
(Energy Analytics Institute, Ian Silverman, 7.Oct.2013) – The 1st Business Round-table meetings between Venezuelan and Indian companies took place in Caracas from October 7-9, 2013. Highlights from the round-table follow:...
(Energy Analytics Institute, Piero Stewart, 7.Oct.2013) – PDVSA President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez regarding shipments...
(Energy Analytics Institute, Piero Stewart, 4.Oct.2013) – Venezuela's Oil Minister President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez...
(Energy Analytics Institute, 30.Sep.2013) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as such. The names of our...
(Energy Analytics Institute, Ian Silverman, 24.Sep.2013) – The Venezuelan government plans to reactivate a plan to supply Colombia with combustibles, according to Energy and Mining Minister Rafael Ramirez. The Venezuelan...
(Energy Analytics Institute, Pietro D. Pitts, 24.Sep.2013) – Arthur D. Little Partner Rodolfo Guzman spoke with Energy Analytics Institute in a brief interview from Houston, Texas. What follows are excerpts...
(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) – Tudor Pickering Holt & Co. LLC Managing Director David Pursell spoke with Energy Analytics Institute in a brief interview from Dallas, Texas....
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – Honduras does not expect to receive its first shipment of oil from Venezuela under PetroCaribe until Dec.2013, reported El Universal, citing Honduras' Vice...
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – Pacific Rubiales plans capital expenditure outlays of $1 billion on infrastructure projects such as ports, pipelines and a ferry, reported the daily newspaper...
(Energy Analytics Institute, Jared Yamin, 13.Sep.2013) – The Argentine government announced production of oil is insufficient to supply the country's refineries. "We are lacking light oil to process," reported La...
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – The Uruguayan government is supporting execution of 27 electric projects in rural zones that will span 800 km. The cost of the projects...
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Empresa Energia de Bogota (EEB) plans CAPEX outlays of $900 million in 2013 and the $3.4 billion during 2014-2017, El Espectador said, citing...
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Modernization activities advance at the 230,000 barrel per day Barrancabermeja Refinery, reported the daily newspaper Portafolio.co. ***
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Nicaragua's purchases of oil and oil derivatives during the first four months of 2013 were $367.9 million compared with $424.1 million in the...
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – The Star project will allow Pacific Rubiales to double recovery rates at the Quifa field, El Espectador reported, citing Pacific Executive Director Ronald...
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – The urea plant in Bulo Bulo, Cochabamba will generate 3,000 jobs, reported the daily newspaper La Razon, citing Vice Minister of Industrialization, Commercialization,...
(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Guatemala announced its initial gas discovery at the Ocultun well in the Peten region. The well was drilled to nearly 3 km, reported...
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Gas To Liquid International (GTLI) is in the process of returning four exploration areas to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). There are 104...
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Uruguay's ANCAP will increase the price of combustibles by an average 9.7%, reported the daily newspaper La Red 21. ***
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Malaysia's Petronas will exit the Petrocarabobo project in Venezuela's Orinoco Heavy Oil Belt or Faja, according to Venezuela's Oil Minister Rafael Ramirez. The...
(Energy Analytics Institute, Ian Silverman, 10.Sep.2013) – PDVSA President Rafael Ramirez, who also serves as Venezuela's Oil Minister, said that the debt owed to PDVSA by Petroleos de Paraguay (Petropar)...
(Energy Analytics Institute, Piero Stewart, 9.Sep.2013) – PDVSA Refining Director Jesus Luongo spoke briefly with Energy Analytics Institute on the sideline of a press conference in Caracas, Venezuela. What follows...
(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – Venezuela's Energy Minister Rafael Ramirez participated in the 11th meeting of the Council of Petrocaribe Ministers in Port-au-Prince, Haiti according to an official...
(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – PDVSA announced a flatboat with 20 workers overturned and sank in Lagunillas in Zulia state. All the workers were rescued, reported the daily...
(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – Venezuela's Finance Minister Nelsen Merentes comments on Venezuelan state television or VTV. "OPEC production restrictions limit growth of Venezuela's petroleum sector GDP as...
(Energy Analytics Institute, Piero Stewart, 8.Sep.2013) – Venezuelan Oil Minister Rafael Ramirez comments on the oil worker's strike in 2002-2003 against PDVSA. "Venezuelan opposition has spent 10-years saying PDVSA would...
(Energy Analytics Institute, Ian Silverman, 29.Aug.2013) – The Camisea gas compression plant will be ready in December 2015. The plant will require an investment of $318 mln and will allow...
(Energy Analytics Institute, Ian Silverman, 28.Aug.2013) – Eni Chief Executive Officer Paolo Scaroni comments during a special event at PDVSA’s headquarters in Caracas, Venezuela about his company's participation in activities...
(Energy Analytics Institute, Ian Silverman, 26.Aug.2013) – Venezuelan Oil Minister Rafael Ramirez met with his counterpart from Trinidad and Tobago, Kevin Ramnarine in Caracas to discuss a development plan for...
(Energy Analytics Institute, Piero Stewart, 25.Aug.2013) – Development of the offshore fields Dragon, Patao, Mejillones and Rio Caribe located in the Northern Paria Pensula will allow for initial production of...
(Energy Analytics Institute, Ian Silverman, 25.Aug.2013) – During a trip with reporters in Guiria, PDVSA President Rafael Ramirez commented about the company's CITGO Corporation refineries in the USA: "PDVSA's USA...
(Energy Analytics Institute, Piero Stewart, 20.Aug.2013) – Energy sector analyst from Medley to Harvard Kennedy spoke at an energy forum at IESA in Caracas. Quote highlights from the forum follow:...
(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Rosneft and PDVSA are reviewing plans to extract gas in Sucre state and in the Gulf of Venezuela, according to a PDVSA official....
(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Venezuela inaugurated the first part of the Northeastern Gas Pipeline in Jefe Jose Francisco Bermudez. The pipeline extends from Barbacoa in Anzoategui state...
(Energy Analytics Institute, Ian Silverman, 14.Aug.2013) – Rosneft President Igor Sechon said his company would utilize Russian technology at the Petromonagas heavy oil project to increase production to 160,000 b/d...
(Energy Analytics Institute, Ian Silverman, 14.Aug.2013) – PDVSA and Russia's Rosneft signed an agreement to create the JV company Petrovictoria, which will operate Carabobo Block 2 in Anzoategui and Monagas...
(Energy Analytics Institute, Ian Silverman, 13.Aug.2013) – The Energy Orientation Center (COENER) announced the Amuay refinery explosion will cost PDVSA $1.8 billion. The explosion at the Amuay refinery was caused...
(Energy Analytics Institute, Pietro D. Pitts, 9.Aug.2013) – Oil Outlook President Carl Larry spoke with Energy Analytics Institute in a brief interview from Houston, Texas. What follows are excerpts from...
(Energy Analytics Institute, Pietro D. Pitts, 7.Aug.2013) – Chevron Latin America Business Unit Public Affairs and Communications Coordinator Susana Brugada spoke with Energy Analytics Institute in a brief interview from...
(Energy Analytics Institute, Piero Stewart, 31.Jul.2013) – PDVSA President Rafael Ramirez held a small round table with journalist in Caracas, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez...
(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – The Governor of Bolivar state in Venezuela, Francisco José Rangel Gómez, commented on the Faja. "Chavez gave us political independence and now we...
(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – Venezuelan Oil Minister Rafael Ramirez comments on development of the Orinoco Heavy Oil Belt and the Venezuelan mining sector. "The Faja project was...
(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – PDVSA's and Venezuela’s Oil Minister President Rafael Ramirez spoke at the closing of the Sixth National Production Meetings in Puerto Ordaz, Venezuela. What...
(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Fitch’s Latin America Corporates Group Director Lucas Aristizabal spoke with Energy Analytics Institute in a brief interview from New York City, New...
(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Tissot Associates Consultant Roger Tissot spoke with Energy Analytics Institute in a brief interview from Canada. What follows are excerpts from the...
(Energy Analytics Institute, Piero Stewart, 18.Jul.2013) – PDVSA's and Venezuela’s Oil Minister President Rafael Ramirez spoke with journalist in Cumana, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez...
(Energy Analytics Institute, Piero Stewart, 17.Jun.2013) – The Public Affairs Manager with Houston-based Citgo Petroleum, Fernando Garay, comments via phone regarding declining imports of Venezuelan crude oil in the U.S....
(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Brookshire Advisory and Research President Gianna Bern spoke with Energy Analytics Institute in a brief interview from Chicago, IL. What follows are...
(Energy Analytics Institute, Ian Silverman, 12.Jul.2013) – Sinovensa President Erwin Hernandez and China's Development Bank Vice President Wang Yongshen signed a financing agreement in Beijing for $4 million for the...
(Energy Analytics Institute, Ian Silverman, 10.Jul.2013) – Venezuela's Energy and Petroleum Minister Rafael Ramirez and his Japanese counterpart Toshimitsu Motegi meet in Tokyo to review advances under a MOU signed...
