(AP, Alexandra Olson, 9.Feb.2019) — The U.S. and dozens of other countries may have declared that Nicolas Maduro is no longer the legitimate president of Venezuela, but that has not...
(Reuters, Corina Pons, Marianna Parraga, 9.Feb.2019) — Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at...
(Citgo, 9.Feb.2019) Houston-based Citgo Petroleum Corporation is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products. Citgo is owned by Citgo Holding, Inc., an...
(Energy Analytics Institute, Aaron Simonsky, 8.Feb.2019) — Heard on the street and LatAmNRG briefs on Moody’s saying changes to Argentina’s gas subsidy could affect investments, Tecpetrol Argentina’s plans to cut...
(S&P Global Platts, 8.Feb.2019) — US sanctions imposed on Venezuela’s state-owned PDVSA could further support an already tight high sulfur fuel oil market in Europe, sources said. The European fuel...
(AFP, 8.Feb.2019) — Mexican President Andres Manuel Lopez Obrador said Friday he would soon announce a rescue plan for troubled state oil company Pemex, suggesting it would be worth around...
(IEEFA, 8.Feb.2019) — The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan...
(Axios, Steve LeVine, 8.Feb.2019) — On the coast of South America, just north of Brazil, lies the impoverished former British colony of Guyana, distantly remembered for a bizarre mass suicide...
(Trinidad and Tobago Newsday, Richardson Dhalai, 7.Feb.2019) — TT energy companies are being encouraged to sign up for a chance to be a part of Guyana’s oil and gas exploration...
(Frontera, 7.Feb.2019) — Frontera Energy Corporation announces an investor day and corporate update, including developments related to the Parex farm-in agreement, executive appointment, hedging, and the Corcel arbitration and the...
(Petrobras, 7.Feb.2019) — Petrobras, following up on the Press Releases of 07/07/2018 and 08/29/2018, hereby informs that, within the scope of its ongoing process of contingency assessment, it will make...
(Reuters, 6.Feb.2019) — The United States has asked Brazil to consider lifting tariffs imposed on its ethanol exports and is hopeful of a positive outcome, a senior official at the...
(Kallanish Energy, 6.Feb.2019) — Argentina’s government has decided to change the country’s subsidy program for unconventional gas development leaving projects in limbo, Kallanish Energy learns from local producers YPF and...
(Airborne, 6.Feb.2019) — Airborne Oil & Gas announces that Renato Bastos has joined Airborne Oil & Gas, as Vice President Brazil, strengthening its presence in Brazil. In this role, Renato...
(Petrobras, 6.Feb.2019) — Petrobras, in relation to the news published in the media about possible collective arbitration by an association of investors, clarifies that it has not been notified by...
(ExxonMobil, 6.Feb.2019) — The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in...
(Reuters, 5.Feb.2019) — The American government has slammed a major U.S. aid agency for lax oversight of renewable energy projects in Chile that stoked risks around the body’s roughly $900...
(Energy Chamber, 5.Feb.2019) — Recognizing the role of energy efficiency in simultaneously developing the economy and reducing Trinidad and Tobago’s greenhouse gas emissions, the Energy Chamber has developed an Energy...
(GeoPark, 5.Feb.2019) — GeoPark Limited will report its 4Q:18 and year-end 2018 financial results on Wednesday, March 6, 2019 after market close. In conjunction with 4Q:18 results press release, GeoPark’s...
(Reuters, 5.Feb.2019) — Venezuelan state oil company PDVSA’s principal amount of debt to Russian oil producer Rosneft stood at $2.3 billion at the end of the fourth quarter, down from...
(GeoPark, 5.Feb.2019) — GeoPark Limited announced its independent oil and gas reserves assessment, certified by DeGolyer and MacNaughton Corp. (D&M), under PRMS methodology, as of December 31, 2018. All figures...
(Reuters, 5.Feb.2019) — Colombia has modified how it will give out offshore oil and gas exploration contracts and relaunched bidding for more than 20 possible production areas, as the Andean...
(BPTT, Claire Fitzpatrick, 4.Feb.2019) — Sponsor’s remarks from BPTT’s Regional President Claire Fitzpatrick during the Trinidad and Tobago Energy Conference held in Port of Spain, Trinidad. SALUTATIONS -- Dr. The...
(Energy Analytics Institute, Piero Stewart, 4.Feb.2019) — Amerisur Resources Plc spud the Calao-1X exploration well on the CPO-5 block using rig E-2029 on February 1, 2019, the company announced in...
(Marla Dukharan, 4.Feb.2019) — The worst humanitarian crisis in Latin American history has for years been festering in our backyard, with spillovers both good and (mostly) bad for the Caribbean....
(Bloomberg, Jose Enrique Arrioja, Nick Wadhams, and Anna Edgerton, 4.Feb.2019) — Venezuela’s government-in-waiting intends to scrap requirements that state-owned oil giant PDVSA keep a controlling stake in joint ventures as...
(Petrobras, 4.Feb.2019) — Petrobras, in compliance with article 12 of CVM Instruction 358 of January 3, 2002 and Circular Letter CVM/SEP/No001/2017, informs that it was notified by the National Bank...
(Phoenix Global, 4.Feb.2019) — Further to Phoenix Global Resources plc’s announcement on 6 December 2018, the company announced additional funding arrangements. The existing convertible revolving credit facility with Mercuria Energy...
(Energy Analytics Institute, Aaron Simonsky, 4.Feb.2019) — EXMAR’s Floating LNG Liquefaction Unit (FLNG), Tango FLNG, has reportedly arrived to the port at Bahia Blanca in Argentina, according to local media...
(Trinidad PM Keith Rowley, 4.Feb.2019) — Once again, it is my distinct honour and pleasure to deliver the feature address at this the opening of 2019 Energy Conference and Trade...
(Buenos Aires Times, Jairo Straccia, 2.Feb.2019) — Despite all the smiling photos taken in the past showing President Mauricio Macri and Techint CEO Paolo Rocca together (even at the height...
(Wood Mackenzie, 2.Feb.2019) — The sanctions the US government has imposed against Venezuela aim to curb the Maduro government’s access to revenue from crude export. But impact could they have...
[caption id="attachment_6756" align="alignright" width="300"] Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 2.Feb.2019) — Nicolas Maduro, no longer recognized by the U.S., among numerous other countries worldwide as Venezuela’s president, announced...
(Hunt Oil, 2.Feb.2019) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) is part of the Camisea Consortium and holds a 25.2% interest in the License Contracts related...
(AP, 1.Feb.2019) — Chevron Corp. says its operations in Venezuela will continue normally for the “foreseeable future” despite newly imposed U.S. sanctions on Venezuelan state-owned oil company Petroleos de Venezuela...
(Energy Analytics Institute, Aaron Simonsky, 1.Feb.2019) — YPF and Techint plan to review actual and future investment plans in Neuquén, claiming a recently announced reduction in Argentina's natural gas subsidy...
(Petrobras, 1.Feb.2019) — Following the Material Facts disclosed on December 26 and 28, 2018 and January 8, 2019, Petrobras informs that the bookbuilding of the sixth (6th) issuance of simple,...
(Energy Analytics Institute, Aaron Simonsky and Pietro D. Pitts, 1.Feb.2019) — Brazil’s state oil company Petrobras and consortium partners including subsidiaries of Royal Dutch Shell plc and Galp Energia commenced...
(Weatherford, 1.Feb.2019) — Weatherford International plc released operational highlights from the Western Hemisphere during the quarter, including highlights on Colombia and Mexico. -- A major operator in Colombia awarded Weatherford...
(Shell, 1.Feb.2019) — Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda., announces with consortium partners the start of production at the Lula North deep-water project in the...
(Petrobras, 1.Feb.2019) — Petrobras, following up on the notice to the market released on 10/30/2018, informs that it has initiated the mothballing process of the fertilizer plant located in Sergipe...
(Energy Analytics Institute, Aaron Simonsky, 1.Feb.2019) — Brazil’s state oil company Petrobras received a payment for R$ 684.2 million related to the diesel economic subvention program. The payment relates to...
(Frontera, 1.Feb.2019) — CGX Energy Inc. and Frontera Energy Corporation announced execution of a farm-in joint venture agreement covering CGX’s two shallow water offshore Petroleum Prospecting Licenses in Guyana, the...
(Petrobras, 1.Feb.2019) — Petrobras announced it started today, with its partners of the BM-S-11 Consortium, the production of oil and natural gas through P-67 platform, in the Lula Norte area,...
(Fox Business, Brittany De Lea, 31.Jan.2019) — Venezuela’s opposition leader Juan Guaidó sits down with FOX Business’ Trish Regan to discuss the future of Venezuela and how long it will...
(Petrobras, 31.Jan.2019) — Petrobras, following up on the Press Releases of 4th, 7th and 14th of January of 2019, reports that its Board of Directors approved the appointments of Admiral...
(LatinFinance, 31.Jan.2019) — LatinFinance unveiled its 2018 Deals of the Year Awards in New York on Thursday, at an exclusive awards dinner recognizing stand-out transactions and institutions in the capital...
(Canadian Solar, 31.Jan.2019) — Canadian Solar Inc. has secured a 295 million Brazilian reais (US$80 million) financing from Banco do Nordeste S.A. (BNB) for its 114 MWp Salgueiro solar power...
(Bristow, 31.Jan.2019) — Bristow Group Inc. provided a market outlook and comments on Brexit as well as selected regional perspectives. What follows are excerpts from Bristow’s quarter report for the...
(Petrobras, 30.Jan.2019) — Petrobras discloses the volume of its proved petroleum reserves (oil, condensate and natural gas), estimated as of the end of 2018, according to ANP/SPE (National Agency of...
(Reuters, 30.Jan.2019) — More than 24 hours after the United States announced large-scale sanctions on Venezuela’s nationally owned oil company, merchant trading firms and refiners were still deciphering what the...
(Petrobras, 30.Jan.2019) — Petrobras, following up to the Press Release of 09/27/2018, informs that, today, it paid the Commitment Assumption Agreement, made with the Federal Public Prosecutor’s Office (MPF) and...
(Petrobras, 30.Jan.2019) — Petrobras clarifies that, according to Petrobras’ Divestment Methodology, the following stages of divestment projects must be disclosed to the market: teaser, beginning of the non-binding phase (if...
(Energy Analytics Institute, Piero Stewart, 29.Jan.2019) — Officials from PDVSA and Venezuela’s Oil Ministry continue to evaluate the different options they can take to counter the recent sanctions announced by...
(Energy Analytics Institute, Pietro D. Pitts, 29.Jan.2019) — U.S. sanctions announced in January week against Venezuela’s state oil company PDVSA will not only affect Venezuela’s oil sector, but also hold...
(Barron’s, Evie Liu, 29.Jan.2019) — New U.S. sanctions on Venezuela’s state-owned oil giant not only place more pressure on Venezuelan President Nicolás Maduro’s regime, but also on some U.S. refiners...
(Reuters, 25.Jan.2019) — U.S. oil refiners said they would comply with the Trump administration's new sanctions announced on Monday on dealings with Venezuelan state-run oil company Petroleos de Venezuela (PDVSA)...
(CNN, Matt Egan, 29.Jan.2019) — The United States and Venezuela are going through a painful divorce that will have sweeping consequences for the global oil industry. US oil prices surged...
(CNN, Jack Guy, 29.Jan.2019) — Thousands took to the streets in Venezuela last week to demand the resignation of president Nicolas Maduro. Amid the protests, opposition leader Juan Guaidó declared...
(Bloomberg, Dhwani Pandya, Serene Cheong, and Debjit Chakraborty, 29.Jan.2019) — After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has...
(Reuters, 29.Jan.2019) — The United States imposed heavy sanctions on Venezuela’s oil industry on Monday, looking to cut off President Nicolas Maduro’s primary source of revenue. The sanctions limit transactions...
(Petrobras, 29.Jan.2019) — Petrobras received a letter from Mr. Lauro Cotta, appointed to occupy the position of Chief Strategy, Organization and Management System Executive Officer, communicating that, for particular reasons,...
(Reuters, Deisy Buitrago and Mircely Guanipa, 28.Jan.2019) — Shock and fear swept through the headquarters of Venezuela’s state-owned oil firm, PDVSA, on Monday, employees said, after the United States imposed...
(Stabroek News, Phil Miller, 28.Jan.2019) — Guyana’s High Commission in London threw open its doors on Thursday night to tell investors about the country’s newly discovered oilfields. Tellingly, the event...
(Reuters, Mitra Taj and Michael Nienaber, 28.Jan.2019) — When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening...
(Reuters, 28.Jan.2019) — Mexico is not considering importing any more crude oil after it imported from the United States at the end of last year, Energy Secretary Rocio Nahle told...
(Dialogo Chino, Mat Youkee 28.Jan.2019) — The Rupununi savannah of southern Guyana is one of the most biodiverse regions of South America, home to jaguars, Harpy eagles and the world’s...
(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — Heard on the street and LatAmNRG briefs on India eyeing Argentina’s Vaca Muerta formation; Argentine Energy Secretariat delays publication of important resolution; gas...
(Sempra, 28.Jan.2019) — Sempra Energy announced that, as part of its increasing focus on North American markets, the company is initiating the process to sell its equity interests in its...
(AP, Matthew Lee and Deb Riechmann, 28.Jan.2019) — The Trump administration on Monday sanctioned Venezuela’s state-owned oil company, ratcheting up pressure on socialist President Nicolas Maduro to cede power to...
(Reuters, Erwin Seba, Jessica Resnick-Ault, 28.Jan.2019) — Chevron Corp has agreed to buy a Texas oil refinery with a troubled past and space to handle a coming flow of shale...
(Stabroek News, 28.Jan.2019) — With first oil expected by year end or early 2020, the Alliance for Change (AFC) yesterday said it supports the use of the expected revenue to...
(Petrobras, 28.Jan.2019) — Petrobras reports that yesterday (01/27), there was a fire in the storage area of materials used in oil exploration and production activities, located in the Intermodal Terminal...
(Jamaica Gleaner, David Jessop, 27.Jan.2019) — Last Wednesday Juan Guaidó, the President of Venezuela’s National Assembly, took an informal oath of office and declared himself the country’s interim president. In...