(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...
(Energy Analytics Institute, Ian Silverman, 4.Mar.2019) — Integration between South American countries Bolivia and Paraguay continues. Officials from both countries signed a wide variety of deals today as summarized in...
(Energy Analytics Institute, Aaron Simonsky, 1.Mar.2019) — Heard on the street and LatAmNRG briefs on the Estación Fernandéz Oro (EFO) gas field producing 4 million cubic meters per day, and...
(Trinidad Petroleum Holdings Limited, 1.Mar.2019) — Trinidad Petroleum Holdings Limited (TPHL), successor company to Petroleum Company of Trinidad and Tobago Limited (Petrotrin), has made available an investor presentation, available online...
(Petrobras, 1.Mar.2019) — Petrobras, following up on the release dated 12/10/2018, announces the beginning of the binding phase related to the sale of its entire equity share in three onshore...
(Energy Analytics Institute, Piero Stewart, 1.Mar.2019) — EP PetroEcuador started a 54 day work stoppage today 1 March 2019 at the non-catalytic #1 and catalytic #1 units of its Esmeraldas...
(Energy Analytics Institute, Piero Stewart, 1.Mar.2019) — Heard on the street and LatAmNRG briefs on Sinovensa's plans to boost oil output to 165,000 b/d, Venezuela’s state oil company PDVSA eyeing...
(SQM, 28.Feb.2019) — Sociedad Química y Minera de Chile S.A. reported earnings today for the twelve months ended December 31, 2018 of US$439.8 million (US$1.67 per ADR), an increase from...
(IHS Markit, 28.Feb.2019) — IHS Markit announces the 26th Annual Coal Conference of the Americas on March 19-21, 2019 in Cartagena, Colombia. Held at the Hyatt Regency Cartagena Hotel, this...
(Stabroek News, 28.Feb.2019) — Speaking at an oil and gas forum on Tuesday in Houston, Texas, Minister of Public Infrastructure, David Patterson boasted of the numerous investment opportunities and called...
(Energy Analytics Institute, Aaron Simonsky, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on plans by the Bolivian and Paraguayan presidents to discuss LPG, urea, and gas, Brazil's Petrobras...
(Reuters, 28.Feb.2019) — The Brazilian government will offer in an auction in October production sharing contracts for companies to explore areas that it says hold “significant volumes of oil and...
(Renewables Now, 28.Feb.2019) — Japan’s Shizen Energy Inc announced on Wedneday it has started construction on January 29 of a 1.1-MW direct current (DC) solar power plant in Brazil. The...
(Energy Analytics Institute, Piero Stewart, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on Colombia’s state oil company Ecopetrol reporting an attack along the Caño Limón-Coveñas pipeline, and Brazil’s...
(Compelo, 28.Feb.2019) — Central Puerto has acquired the Brigadier Lopez plant, a gas-fired power plant in Santa Fe, Argentina from state-owned IEASA for a total sum of $326m. The Brigadier...
(Energy Analytics Institute, Ian Silverman, 28.Feb.2019) — Peru’s state company Petro-Peru began repair work along a section of the Norperuano Pipeline (ONP) nearly three months after it was attacked by...
(Energy Analytics Institute, Aaron Simonsky, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on Shell Argentina’s Sean Rooney comments on the productivity of Vaca Muerta, YPFB Foundation training in...
(Reuters, 28.Feb.2019) — Mexican state oil company Pemex said on Wednesday its losses narrowed in 2018, helped by currency exchange gains as crude production and refining rates continued to decline....