(Energy Analytics Institute, Aaron Simonsky, 26.Mar.2019) — Chile’s Energy Minister Susana Jiménez, during a speech at the Bloomberg New Energy Finance Summit (BNEF) this week in New York, said the...
(Energy Analytics Institute, Aaron Simonsky, 26.Mar.2019) — Dapsa, or La Destilería Argentina de Petróleo, announced plans to invest $30 million to launch a network of 350 service stations in 12...
(Reuters, Marta Nogueira, 26.Mar.2019) — Brazilian state-run oil company Petrobras has fined Bolivia’s state oil company YPFB after it failed to deliver liquefied natural gas (LNG) volumes secured under a...
(Reuters, 26.Mar.2019) — Brazil is likely to sign an energy sector cooperation agreement with Israel during President Jair Bolsonaro’s visit to the Middle Eastern country later this month, Brazilian Mines...
(Rabble.ca, Brent Patterson, 26.Mar.2019) — Colombia could be on the cusp of a dangerous fracking boom that would release carbon pollution into the atmosphere, endanger drinking water, and violate Indigenous...
(The New York Times, Ioan Grillo, 26.Mar.2019) — In the first months of this year, the word “huachicolero” — once a rarely used term — has been on the lips...
(Argus,26.Mar.2019) — Brazilian state-controlled Petrobras expects to continue to receive natural gas from Bolivia for up to four more years after its supply contract with its Bolivian counterpart YPFB expires...
(Petrobras, 26.Mar.2019) — Petrobras announced early results of its previously announced debt tender offers (the “Waterfall Offers”). As of 5:00 p.m., New York City time, on March 25, 2019 (the...
(Reuters, Marcelo Rochabrun, 26.Mar.2019) — Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South...
(Petrobras, 26.Mar.2019) — Petrobras informs that yesterday its Executive Board approved a change in the frequency of diesel prices adjustment. Diesel prices at the company's refineries, which correspond to around...
(Oil & Gas Journal, Paula Dittrick, 25.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...
(Energy Analytics Institute, Aaron Simonsky, 25.Mar.2019) — Uruguayan company Ingener will build the electrical infrastructure for the 125 megawatt Neuquen wind park “Los Meandros” for the Chinese company Envision Energy....
(Energy Analytics Institute, Jared Yamin, 25.Mar.2019) — Mexico’s state oil company Pemex reported that monthly production of associated and non-associated natural gas, excluding nitrogen, rose 1.8% month-over-month to 3.8 billion...
(Reuters, 25.Mar.2019) — Residents of a remote Amazonian region seized a small oil installation operated by Canadian energy company PetroTal Corp to demand electricity and other government services, an industry...
(Touchstone, 25.Mar.2019) — Touchstone Exploration Inc., active in Trinidad and Tobago, announced details of a major shareholder here. ***
(Economic Times of India, 25.Mar.2019) — New Delhi: India may increase oil imports from Brazil and Mexico to offset the loss of Venezuelan oil in the wake of US sanctions...
(Energy Analytics Institute, Ian Silverman, 25.Mar.2019) — Heard on the street and LatAmNRG briefs on YPFB expecting to incorporate 4 MMcm/d of gas production in 2019, Bolivia seeking to boost...
(Oxford Business Group, 25.Mar.2019) — On February 15 President Andrés Manuel López Obrador (AMLO) announced the launch of Pemex’s Strengthening Programme, a six-year plan designed to improve the company’s financial...
(President Energy, 25.Mar.2019) — President Energy announced plans for its work programme for 2019/20 at its fields in Rio Negro Province, Argentina (President 90%, Edhipsa 10%). The estimated cost of...
(President Energy, 25.Mar.2019) — President Energy announced appointment of Whitman Howard as its Joint Broker with immediate effect. *** © Energy Analytics Institute (EAI)
(ANI, 25.Mar.2019) — President Ram Nath Kovind on Monday embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen...
(Reuters, Marta Nogueira and Gram Slattery, 25.Mar.2019) — Brazil’s government will announce “within days” a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the...
(Energy Analytics Institute, Piero Stewart, 25.Mar.2019) — Peru’s Hydrocarbon Society (SPH by its Spanish acronym) denounced that residents of the town of Brittany (Requena - Loreto) over ran the facilities...
(Energy Analytics Institute, Piero Stewart, 23.Mar.2019) — Colombia’s state oil company announced that the Trasandino Pipeline, or OTA by its Spanish acronym, was attacked on March 22 along a portion...
(Petrobras, 22.Mar.2019) — Petrobras has implemented a hedge strategy to protect part of its oil production expected for the year of 2019. Put options have been acquired with exercise price...
(Miami Herald, Nora Gamez Torres, 22.Mar.2019) — Cuba would have to spend nearly $2 billion a year to meet its domestic oil needs if Venezuela’s National Assembly and interim president...
(Petropar, 22.Mar.2019) — Paraguay’s state oil company Petropar announced its participation in the #BasuraChallenge or #TrashChallenge in Arroyo Fortín (Villa Elisa). ***
(Wintershall, 21.Mar.2019) — Wintershall continued its growth course in Latin America in 2018, the company’s CEO Mario Mehren said during an nnual press conference in Kassel. During the meeting, the...
(IMF, 21.Mar.2019) — Ecuador has developed a new economic plan designed to put the country’s debt on a firm downward path, create jobs, protect the poor and most vulnerable, and...
(Reuters, Vera Eckert, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall will boost profitability after its planned merger with rival DEA, drawing on cost cuts from the move, an expansion...
(Sputnik, 20.Mar.2019) — The presidents of Bolivia and Russia will meet in Moscow on 11 July to discuss bilateral cooperation in the gas sector and research of nuclear technologies, Bolivian...
(Reuters, Nidhi Verma and Marianna Parraga, 21.Mar.2019) — India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with...
(Petrobras, 21.Mar.2019) — Petrobras, following up on the Press Release of 02/01/2019, informs that it obtained a favorable decision, reversing the injunction that suspended the mothballing of the fertilizer plant...
(Houston Chronicle, Sergio Chapa, 21.Mar.2019) — Canceled energy auctions, halted pipeline projects, a ban on hydraulic fracturing, a showdown with fuel thieves, political pressure on regulators to resign and plans...
(Reuters, 21.Mar.2019) — Mexico’s deputy finance minister said on Thursday the government was considering using part of a $15.4 billion public income stabilization fund to pay some debt obligations for...
(Reuters, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration...
(Reuters, Jake Spring, 21.Mar.2019) — Brazil Mines and Energy Minister Bento Albuquerque said on Thursday that the government will present a program for overhauling the natural gas sector by June,...
(IEEFA, 21.Mar.2019) — The Vaca Muerta oil and gas project, which promises to double oil and gas production over the next six years in Argentina, is facing such strong headwinds...
(Petrobras, 20.Mar.2019) — Petrobras informs that the Administrative Board of Tax Appeals (CARF) pronounced, on this date, by a casting vote, an unfavorable decision regarding fiscal administrative proceeding that addresses...
(Petrobras, 20.Mar.2019) — Petrobras informs that its Board of Directors, at a meeting held today, elected Mrs. Anelise Quintão Lara for the position of Chief Refining and Natural Gas Executive...
(Seeking Alpha, Carl Surran, 20.Mar.2019) — Colombia’s government has nixed two environmental licensing requests made by ConocoPhillips and Canacol Energy for fracking projects in northern Cesar province, Reuters reports. The...
(EOG, 20.Mar.2019) — EOG Resources, Inc. will host a conference call and webcast to discuss first quarter 2019 results on Friday, May 3, 2019, at 9 a.m. Central time (10...
(Sungrow, 20.Mar.2019) — Sungrow Power Supply Co., Ltd, an inverter solutions supplier for renewables, introduced its PV product portfolio at Solar Power Mexico, strengthening its commitment to solar energy in...
(IHS Markit, Liquid Bulk Principal Analyst, Maritime & Trade, Fotios Katsoulas, 20.Mar.2019) — With most experts anticipating Venezuela’s output to further decline over the next couple of weeks, PDVSA, the...
(Jamaica Gleaner, 20.Mar.2019) — In a deal said to be worth $4 billion, the owners of Jamaica Energy Partners (JEP) have snapped up rival energy outfit Jamaica Private Power Company...
(World Oil, 20.Mar.2019) — Margaret Øvrum recalls that investment depends on viability, “With a monopoly, you do not get the right price.” Norwegian Equinor (formerly Statoil), the second largest oil...
(Energy Analytics Institute, Aaron Simonsky, 19.Mar.2019) — U.S. Energy Secretariat Rick Perry will soon travel to Argentina with a delegation of oil field service companies seeking business opportunities in the...
(Energy Analytics Institute, Aaron Simonsky, 19.Mar.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui said the country would commence exports of light petroleum by year-end 2019, the executive said in an official...
(Petrobras, 19.Mar.2019) — Petrobras announces that today it concluded the offering of securities in the international capital market (Global Notes) in the amount of US$ 3 billion, with US$ 750...
(Reuters, Gram Slattery, 19.Mar.2019) — Brazilian independent oil company PetroReconcavo has entered direct negotiations with state-run Petroleo Brasileiro SA to purchase a cluster of 34 oilfields in the nation’s northeast,...
(Reuters, 18.Mar.2019) — The Mexican government will invite four companies to bid in a restricted tender to build the new Dos Bocas refinery for state oil company Pemex, Energy Minister...
(Petrobras, 19.Mar.2019) — Petrobras announced the expiration and expiration date results of the previously announced offer to purchase (the “Offer”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of...
(Reuters, 19.Mar.2019) — Peru’s state-owned energy company Petroperu will halt operations at its flagship oil refinery Talara for about a year starting in November to complete a $5 billion expansion...
(Petrobras, 19.Mar.2019) — Petrobras informs that it received the Official Letter No. 133/2019 -SAE, which requests the following clarification: Official Letter no. 133/2019 -SAE “Dear all, In a report published...
(IHS Markit, Carla Selman, 19.Mar.2019) — In a statement on 18 March, the International Monetary Fund (IMF) allowed Argentina to allocate additional funds to social programs in the framework of...
(S&P Global Platts, 19.Mar.2019) — Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close...
(Energy Analytics Institute, Aaron Simonsky, 19.Mar.2019) — Argentina’s Mendoza province plans to launch a tender in May for at least five oil areas with aim to attract investments of $70...
(Reuters, 18.Mar.2019) — Australia’s Macquarie Group is leaving one of the groups that will present a new bid for a gas pipeline network put on sale by Brazil’s state-controlled oil...
(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...