(Reuters, 19.Mar.2019) — Oil workers in the Argentine provinces of Rio Negro, La Pampa and Neuquen, home to the sprawling Vaca Muerta shale oil and gas formation, said they will...
(Argus, 19.Mar.2019) — Colombia’s government is seeking emergency fuel supplies from neighboring Ecuador to cope with shortages in southwestern departments caused by an ongoing indigenous protest. Colombia reached out to...
(Reuters, Alexandra Valencia, 19.Mar.2019) — Ecuador will launch an international bidding round for the construction of a new 300,000 barrel per day (bpd) refinery in May, Energy Minister Carlos Perez...
(Reuters, 18.Mar.2019) — The chief executive of Mexican state oil company Pemex on Monday questioned credit agency downgrades to the firm’s debt, saying the same agencies had not acted when...
(Petrobras, 19.Mar.2019) — Petrobras reports that it has started today the production of oil and natural gas of P-77, the fourth platform to be put into production in the Búzios...
(Energy Analytics Institute, Jared Yamin, 18.Mar.2019) — Pemex Director Octavio Romero Oropeza announced that the company will target average crude oil production of 2.480 million barrels per day (MMb/d) in...
(Reuters, David Alire Garcia, 18.Mar.2019) — Mexico’s national oil company Pemex plans to triple the number of wells it will drill this year, the company’s chief executive said on Monday,...
(Economic Times, Sanjeev Choudhary, 18.Mar.2019) — India is considering Venezuela’s proposal to use rupee for trade payments to protect the current oil import from the South American nation facing hardening...
(Petrobras, 18.Mar.2019) — Petrobras has been notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on the approval of its proposal for a Production Individualization Agreement (AIP)...
(Petrobras, 18.Mar.2019) — Petrobras informs that on Mar. 15 it prepaid Export Credit Notes with Banco do Brasil, in the amount of R$ 7.0 billion, with maturity in 2022. The...
(Asia Nikkei, 18.Mar.2019) — Vietnam’s Ministry of Public Security is investigating a loss-making oil and gas project in Venezuela, as Hanoi probes corruption involving state enterprises and the South American...
(Atlas, 18.Mar.2019) — Atlas Renewable Energy announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount of $152 million. The financing...
(SeekingAlpha, 18.Mar.2019) — On March 13, 2019, GeoPark Limitedentered the Ecuador upstream by winning the Espejo and Perico blocks in the Oriente Basin in the Intracampos Bid Round (Fig. 1)....
(Reuters, Ana Isabel Martinez, David Alire Garcia, 18.Mar.2019) — Mexico invited a host of international firms, including three U.S. companies, to bid on the construction of an $8 billion oil...
(Eco Atlantic, 18.Mar.2019) — Eco (Atlantic) Oil & Gas Ltd. announce that Gustavson Associates LLC of Boulder Colorado has completed and delivered an updated NI 51-101 compliant Competent Persons Report...
(Petrobras, 18.Mar.2019) — Petrobras announced that its CEO Roberto Castello Branco appointed Ms. Andrea Marques de Almeida as Chief Financial and Investor Relations Officer of the company and Mr. Rafael...
(Energy Analytics Institute, Aaron Simonsky, 17.Mar.2019) — Chile plans to launch the first thermosolar plant in Latin America. The project will be the first of its kind on the continent...
(Oilprice.com, Irina Slav, 17.Mar.2019) — When Venezuela’s opposition leader Juan Guaido earlier this week said he had decreed the suspension of all crude oil shipments to Cuba, he explained the...
(Energy Analytics Institute, Ian Silverman, 16.Mar.2019) — Heard on the street and LatAmNRG briefs on Bolivia's plans to build ammonia-urea and urea formaldehyde plants, a Bolivian polypropylene-polypropylene plant under economic...
(Reuters, 16.Mar.2019) — A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signalling possible progress in a deal that could increase...
(Energy Analytics Institute, Aaron Simonsky, 15.Mar.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui announced plans next week to meet with Chile’s President Sebastián Piñera, and Chile’s Energy Minister Susana Jiménez. The...
(Ft.com, 15.Mar.2019) — The International Energy Agency has warned that crude supplies from Venezuela are at risk of falling sharply and becoming a “challenge” for the global the oil market,...
(Frontera Energy, 14.Mar.2019) — Frontera Energy Corporation released its consolidated financial statements, management discussion and analysis (MD&A), Annual Information Form (AIF) and Form 51-101 F1 - Statement of Reserves Data...
(Energy Analytics Institute, Ian Silverman, 14.Mar.2019) — Heard on the street and LatAmNRG briefs on PDVSA reporting a fire at three Petro San Félix storage tanks and Venezuela’s Manuel Quevedo...
(The Progressive, Edward Hunt, 14.Mar.2019) — Since ExxonMobil announced the 2015 discovery of large oil reserves off the coast of Guyana, the small South American country has been buzzing with...
(Oil & Gas Journal, Paula Dittrick, 14.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...
(Argus, 14.Mar.2019) — Venezuela’s political opposition is proposing a comprehensive oil reform that would allow foreign investors to own up to 100pc of oil assets from the wellhead to the...
(Touchstone, 14.Mar.2019) — Touchstone Exploration Inc., with operations in Trinidad and Tobago, announces an operational update. Highlights Achieved January and February 2019 crude oil sales of 1,994 and 2,179 barrels...
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — Petroecuador announced that on March 12, the country’s superintendent resolved the liquidation of the Refinería del Pacífico Eloy Alfaro Compañía Mixta, also known...
(Brazilian Government, 7.Mar.2019) — Brazil and Peru will intensify cooperation in the energy sector. The Ministers of Mines and Energy of the two countries, Bento Albuquerque (Brazil) and Francisco Atilio...
(Reuters, Julia Symmes Cobb, Nelson Bocanegra, 14.Mar.2019) — The 36,000 solar panels gleam in the tropical heat of a valley outside the city of Yumbo in western Colombia, feeding dozens...
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and...
(Reuters, 14.Mar.2019) — BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country’s Atlantic LNG (liquefied natural...
(Braskem, 13.Mar.2019) — Braskem S.A. announced its results for 4Q18 and 2018. HIGHLIGHTS: Braskem - Consolidated: -- The company posted free cash flow of R$7,068 million, or 187% more than...
(Frontera. 13.Mar.2019) — Frontera Energy Corporation and GeoPark Limited, as part of a consortium (Frontera 50%, GeoPark 50%), have been awarded production sharing contracts on two blocks in Ecuador's Intracampos...
(Rowan, 13.Mar.2019) — Rowan Companies plc and Repsol Exploracion Guyana, S.A. signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana. The contract...
(S&P Global Platts, Daniel Rodriguez, 13.Mar.2019) — Petrobras is looking to become a natural gas powerhouse, a market that is relatively undeveloped in Brazil, the company’s CEO Roberto Castello Branco...
(Energy Analytics Institute, Aaron Simonsky, 13.Mar.2019) — EIG Global Energy Partners says it will use a FRSU at its Azul Port, the second largest port in the world and the...
(S&P Global Platts, 12.Mar.2019) — The Luna shale formation could help Colombia to increase its recoverable oil reserves by up to 7 billion barrels and 10 Tcf of gas, Ecopetrol...
(IEA, 12.Mar.2019) — Dr Fatih Birol, the IEA’s Executive Director, met with Argentina’s Secretary of Energy Gustavo Lopetegui today at CERA Week in Houston. Following discussions on the IEA’s outlook...
(Energy Analytics Institute, Aaron Simonsky, 12.Mar.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui signed a deal with International Energy Agency (IEA) Executive Director Fatih Birol to create a joint work plan...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — ACP Colombia President Francisco Jose Lloreda Mera said the country continues to move forward with efforts to attract investors to help develop its...
(Loan Pricing Corporation, Aaron Weinman, 12.Mar.2019) — Trinidad Petroleum Holdings (TPH) is in advanced debt restructuring talks with banks and has secured new loans of up to US$1.4bn based on...
(Gran Tierra, 12.Mar.2019) — Gran Tierra Energy Inc. announced that, based on preliminary results, the company has made a new-country entry into Ecuador through the submission of winning bids for...
(Petrobras, 12.Mar.2019) — Petrobras announces the pricing of (i) additional notes of its 5.750% Global Notes due 2029 and (ii) new notes denominated in U.S. Dollar and, together with the...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — Colombia’s Ecopetrol plans investments of $500 million during 2019-2021 on unconventional pilots across the country with aim to boost natural gas reserves in...
(Energy Analytics Institute, Aaron Simonsky, 12.Mar.2019) — The breakeven cost for Argentina’s Vaca Muerta shale play is currently inside $40/bbl compared to close to $60/bbl a couple of years ago,...
(Petrobras, 11.Mar.2019) — Petrobras, following up on the Material Fact dated 07/28/2017 and Notice to the Market dated 10/4/2017, announces the beginning of the binding phase of the competitive process...
(AES, 11.Mar.2019) — AES Gener S.A. announced that it has launched an offer to purchase for cash (“Tender Offer”) any and all of its 8.375% Junior Subordinated Capital Notes due...
(Bloomberg, Javier Blas, 11.Mar.2019) — OPEC officials are scheduled to meet for dinner with senior executives from North America’s booming shale oil industry on the sidelines of CERAWeek by IHS...
(Reuters, Lesley Wroughton, Luc Cohen, Marianna Parraga, 10.Mar.2019) — The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela...
(Argus, 10.Mar.2019) — Venezuela’s main oil export terminal and heavy crude processing complex in Jose are shut down as a historic blackout persists across much of the country today. Crude...
(Reuters, 9.Mar.2019) — OPEC's Venezuela hit by a major blackout, as shown here in a photojournalist look here at the crisis. ***
(Argus, 8.Mar.2019) — Nearly all Venezuelans are still without electricity this morning because of an unprecedented nationwide blackout that has paralyzed economic activity and crippled the already precarious oil industry....
(Energy Analytics Institute, Aaron Simonsky, 7.Mar.2019) — Chile, which last year commenced importation of Argentine natural gas after an 11 year absence, aspires to assist its neighbor export the resources...
(Trinidad and Tobago’s Newsday, Carla Bridglal, 7.Mar.2019) — Balance is aspirational. And these four working women – BPTT regional president Claire Fitzpatrick, vice president for corporate operations Giselle Thompson, regional...
(Zacks Equity Research, 7.Mar.2019) — Ecopetrol S.A. EC proposes to invest $500 million toward exploring unconventional deposits over a three-year period. The spending is part of the $12-$15 billion apportioned...
(Bloomberg, Nacha Cattan, 7.Mar.2019) — Mexican President Andrés Manuel López Obrador, or AMLO as he’s known, is doing spectacularly well with voters 100 days into his term. The latest survey...
(Energy Analytics Institute, Aaron Simonsky, 6.Mar.2019) — Argentina now has its own Vaca Muerta business chamber, composed of CAPESPE, ACIPAN and CEIPA. The chamber represents 200 small-to-medium sized enterprise working...
(UPI, 6.Mar.2019) — Ecuador will clean areas of its Amazon region that were polluted decades ago by Texaco in a move criticized by activists who fear too little will be...
(AP, Scott Smith and Sheyla Urdaneta, 6.Mar.2019) — Marin Mendez leaned a shoulder into his rusty Chevy Malibu, rolling it forward each time the line of cars inched closer to...
(Sigrid Kaag and Carlos Manuel Rodríguez, co-chairs of the NDC Partnership, 6.Mar.2019) — On March 8th, groups around the world will celebrate International Women’s Day, recognizing the achievements of women...
(Reuters, 6.Mar.2019) — Norway’s BW Offshore has won approval from Brazil’s antitrust watchdog Cade to buy the Maromba oilfield from Petrobras and Chevron, according to a statement in the official...
(Reuters, Marianna Parraga, 6.Mar.2019) — Plans by the German operator of a portion of the Venezuelan state oil company’s tanker fleet to return 10 vessels because of unpaid fees prompted...
(Oilprice.com, Tsvetana Paraskova, 6.Mar.2019) — Nicolas Maduro’s staunchest international ally—Russia—reaffirmed last week its full support to the Socialist leader’s regime and his efforts to prevent what Moscow sees as interference...
(S&P Global Platts, 5.Mar.2019) — Surpassing Russia, Brazilian crude oil shipments for China’s independent refineries topped the list in February at 2.17 million mt, S&P Global Platts monthly survey showed...
(Mongabay, Kimberley Brown, 5.Mar.2019) — An indigenous community in Ecuador has filed a lawsuit against the government for failing to consult with it before putting its territory up for sale...
(NEC, 5.Mar.2019) — In cooperation with NEC Chile, NEC Energy Solutions is expanding its presence in Chile with the commissioning of a 2 MW, 2 MWh lithium ion battery energy...
(Reuters, 5.Mar.2019) — Argentine energy company Integracion Energetica Argentina (IEASA), formerly known as ENARSA, is seeking 14 liquefied natural gas cargoes for delivery from May to September, three industry sources...
(JWN, Jim Bentein, 5.Mar.2019) — Mexico’s productivity and economic growth are at risk due to a reduced supply of natural gas for industry, a business leader warns. Juan Pablo Castañón,...
(Oilprice.com, Tsvetana Paraskova, 5.Mar.2019) — Mexico will continue to need U.S. natural gas imports over the next decade, despite efforts by the new Mexican government to reduce dependence on American...
(Africa Review, 5.Mar.2019) — Altaaqa Global Energy Services has won a five-year contract to provide power to an industrial fertiliser manufacturing facility in Barrancabermeja, Colombia. The company will produce 20...
(Reuters, 4.Mar.2019) — Venezuela’s oil minister will visit Russia soon to formally complete the move of state oil company PDVSA’s office to Moscow from Lisbon, the Interfax news agency cited...
(Jamaica Observer, Ricardo Case, 4.Mar.2019) — The great Lawrence Peter “Yogi” Berra of American baseball fame, in one of his many famous quotes, said: “The future ain’t what it used...
(Bloomberg, Peter Millard, 3.Mar.2019) — There’s enough as-yet-unassigned oil under the Atlantic Ocean off Brazil’s Rio de Janeiro to keep the entire world running for almost six months. So why...