(Energy Analytics Institute, Ian Silverman, 23.Jan.2019) — Construction of the New Ninacaca Supply Plant in Peru will be comprised 100% of an unskilled labor force from Pasco. The plant will...
[caption id="attachment_6522" align="alignright" width="300"] Nicolas Maduro. Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 23.Jan.2019) — The intention of the U.S. government is to expropriate Venezuela’s crude oil, gold, and natural...
(Talos Energy, 23.Jan.2019) — Talos Energy Inc. provided an update on the Zama appraisal in Block 7 offshore Mexico. Talos is the operator of Block 7 in a consortium with...
(S&P Global Platts, 23.Jan.2019) — The US continues to consider sanctions on Venezuelan oil exports, potentially complicating a major source of crude for US Gulf Coast refiners, as key Trump...
(Reuters, Gram Slattery, 23.Jan.2019) — Petroleo Brasileiro SA has rejected the most recent bid by an EIG Global Energy Partners-backed firm to purchase a pair of shallow-water oil clusters, two...
(Petrobras, 23.Jan.2019) — Petrobras announced that the Administrative Board of Tax Appeals (CARF) issued yesterday, by a majority vote, an unfavorable decision on a tax administrative proceeding that addresses the...
(Oilfield Technology, David Bizley, 23.Jan.2019) — Petrobras and PDVSA are the top spenders among all oil and gas companies in South America, in terms of new build capital expenditure (CAPEX)...
(Department of Public Information, Synieka Thorne, 22.Jan.2019) — Consolidated Supply Management (CSM) and Danco Logistical Contractors Incorporated have announced the merger of their resources to create Guyana’s third shore base...
(Bloomberg, Vinícius Andrade, 22.Jan.2019) — For investors looking to get in on the equity boom in Brazil via commodity titans Vale or Petrobras, JPMorgan has some ideas about the best...
(Petrobras, 21.Jan.2019) — Petrobras announced it received a communication from its controlling shareholder with the appointment of the Professor Nivio Ziviani to exercise the position of member of its Board...
(Wood Mackenzie, 21.Jan.2019) — Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering...
(Costa Rican Times, 21.Jan.2019) — Costa Rican power utility Instituto Costarricense de Electricidad (ICE) said Wednesday that the country’s national electric system has reached 407.77 MW of installed wind capacity,...
(Energy Analytics Institute, Piero Stewart, 21.Jan.2019) — Representatives from companies in Venezuela discussed strategies to recuperate production from blocks located in the Hugo Chávez Orinoco Belt, or the Faja. The...
(Reuters, 20.Jan.2019) — Colombian state-run oil company Ecopetrol SA said on Sunday a bomb attack on the Transandino pipeline caused spillage in southwestern Narino close to the border with Ecuador....
(PetroPlaza, 20.Jan.2019) — Owned by the Andreu carrier company from Mendoza, the new fleet will carry the Virtual Gas Pipeline, the system used by Galileo Technologies to distribute gas as...
(Reuters, 20.Jan.2019) — Mexico’s state oil firm, Pemex, did not close the valve at a leaking gasoline pipeline when first notified because it was not initially thought to be an...
(The Costa Rica Star, Laura Alvarado, 20.Jan.2019) — Costa Rica will host the Pan-American Marine Energy Conference (PAMEC-2020), January 26 through January 29, 2020, an event where experts will be...
(Spectrum, 10.Jan.2019) — Spectrum is commencing a large 3D seismic survey in the Potiguar basin offshore the Equatorial Margins of Brazil. This survey comprises 10,700 square km covering blocks that...
(Oilprice.com, Irina Slav, 18.Jan.2019) — Refiners in the United States are stocking up on heavy crude, pushing prices higher, as the Trump administration prepares to slam more punitive measures on...
(Rystad, 17.Jan.2019) — While Hamlet’s famous ‘to be or not to be’ questioned the existential, E&P’s will look to answer more concrete questions this year when evaluating projects for sanctioning....
(Reuters, 17.Jan.2019) — Brazil’s state-run oil company Petrobras on Thursday said it had lost an appeal in a Brazilian tax court and will have to pay an additional 1.5 billion...
(Bloomberg, Pablo Rosendo Gonzalez, 17.Jan.2019) — Latina Offshore Ltd., which missed a debt payment this month, is working along with one of the consortia invited by Petroleos Mexicanos to submit...
(Reuters, 17.Jan.2019) — Traders of refined petroleum products said on Jan. 16 that pipeline system problems in Mexico may explain the third straight record increase in U.S. Gulf Coast gasoline...
(Mexico Pacific, 17.Jan.2019) — Mexico Pacific Limited, LLC, the owner and developer of a liquefied natural gas (LNG) project on the Gulf of California in Mexico, announced today that Sarah...
(Petrobras, 17.Jan.2019) — Petrobras announces that the Administrative Board of Tax Appeals (CARF) issued today, by a casting vote, an unfavorable decision on a tax administrative proceeding that addresses the...
(Seeking Alpha, Carl Surran, 16.Jan.2019) — The White House National Security Council has told some U.S. refiners that sanctions on Venezuelan crude exports are under consideration, a signal that opposition...
(Kessler Topaz, 17.Jan.2019) — The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Tenaris S.A. on...
(Petrobras, 17.Jan.2019) — Petrobras, following up on the Material Facts disclosed on 07/03/2018, announced its Executive Board decided to resume the competitive processes for the sale of a 90% stake...
(ERES, 16.Jan.2019) — Energy Real Estate Solutions (ERES) opened its first international office in Neuquén, Argentina. The announcement marks a move by the company to provide boots-on-the-ground support to meet...
(Jamaica Gleaner, Avia Collinder, 16.Jan.2019) — A &A Lime Hall Development Limited, a company incorporated in 2004 as a rental service in Montego Bay, St James, has offered PDV Caribe...
(Jamaica Gleaner, Livern Barrett, 16.Jan.2019) — Amid calls by the parliamentary Opposition for the Government to reconsider its decision, the special legislation being crafted to sanction the decision by the...
(Tullow, 16.Jan.2019) — Tullow Oil plc issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2018. This...
[caption id="attachment_6297" align="alignnone" width="1024"] Source: La Jornada[/caption] (Energy Analytics Institute, Jared Yamin, 16.Jan.2019) — Heard on the street and LatAmNRG briefs on Mexican petroleum sector backs AMLO actions against fuel...
(Talos Energy, 16.Jan.2019) — Talos Energy Inc. announced full year 2019 operating and financial guidance (2019 Plan) and provided an update on recent events and well results. 2019 Plan Objectives...
(Petrobras, 16.Jan.2019) — Petrobras informs that it received a letter from Mr. John Milne Albuquerque Forman resigning from his nomination, by the controlling shareholder, to be a member of the...
(Mainstream Renewable, 16.Jan.2019) — Mainstream Renewable Power announced closure of a new €90 million Trade Finance Facility with DNB and HSBC. The agreement represents one of the largest corporate debt...
(Energy Analytics Institute, Jared Yamin, 16.Jan.2019) — Pemex announced an over-pressure issue at the Hydros #1 plant located inside the “Ing. Antonio Dovalí Jaime Refinery,” has been controlled, the state...
(S&P Global Platts, 16.Jan.2019) — The White House National Security Council has told some US refiners that sanctions on Venezuelan crude exports are under consideration, a signal that opposition within...
(EOG, 15.Jan.2019) — EOG Resources, Inc. will host a conference call and webcast to discuss fourth quarter and full year 2018 results on Wednesday, Feb. 27, 2019, at 9 a.m....
(Alvopetro, 15.Jan.2019) — Alvopetro Energy Ltd. announces that its common shares are now trading on the OTCQX® Best Market, a U.S. market operated by OTC Markets Group (OTCQX: OTCM), under...
(Trinity, 15.Jan.2019) — Trinity Exploration & Production plc provided a 4Q:18 operational update related to its activities in Trinidad and Tobago. During the period, Trinity continued to build on the...
(Frontera Energy, 15.Jan.2019) — Frontera Energy Corporation announced that as at January 14, 2019 it has repurchased for cancellation 2,062,885 shares at an average cost of C$14.20 per share for...
(Frontera Energy, 15.Jan.2019) — Frontera Energy Corporation will host an investor and analyst day on Thursday February 7, 2019 from 8 a.m. until 4 p.m. in Bogota which will be...
(Frontera Energy, 15.Jan.2019) — Frontera Energy Corporation announces an operational update. All values in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted....
(Renewables Now, 15.Jan.2019) — The Argentine Minister of Finance, Nicolas Dujovne, signed on Monday an agreement with the World Bank for a $250-million (EUR 217.7m) guarantee to support winning projects...
(Reuters, 15.Jan.2019) — Mexican President Andres Manuel Lopez Obrador said on Tuesday that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages...
(Petrobras, 15.Jan.2019) — Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 million barrels of oil equivalent per day (boed),...
(Energy Analytics Institute, Piero Stewart, 15.Jan.2019) — Oil production in the OPEC country has decreased 58% during the tenure of Venezuela’s President Nicolás Maduro to 1.137 million barrels per day...
(Galileo, 15.Jan.2019) — The event took place in the Anchoris Thermoelectric Power Plant, in the Mendoza province, and included the successful fueling with liquid natural gas (LNG) of six Scania...
(Rosen Law Firm, Jan. 15, 2019) — Rosen Law Firm reminds purchasers of the securities of Loma Negra Compania Industrial Argentina Sociedad Anonima pursuant and/or traceable to Loma Negra’s Registration...
(Ocean Infinity, 15.Jan.2019) — Ocean Infinity, the next generation seabed survey and ocean exploration company, is pleased to announce that its partner, Cepemais, the Brazilian offshore consulting company, has been...
[caption id="attachment_6216" align="alignnone" width="900"] Venezuela's President Nicolas Maduro. Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 14.Jan.2019) — Venezuela’s President Nicolás Maduro announced plans to focus on efforts to raise crude...
(Petrobras, 14.Jan.2019) — Petrobras formally expressed to the National Energy Policy Council (CNPE) interest to exercise the pre-emption right for the 6th Bidding Round of exploration blocks under the production...
(Bloomberg, Patricia Laya and Fabiola Zerpa, 14.Jan.2019) — Venezuela’s President Nicolas Maduro ordered a 300 percent increase in the monthly minimum wage and pledged to boost oil production to 5...
(Jamaica Observer, 14.Jan.2019) — Managing director of JAMALCO, Austin Mooney, says construction of the bauxite/alumina company’s US$189-million gas-fired cogeneration power plant by New Fortress Energy (NFE) is on track for...
(Oilprice.com, Matthew Smith , 14.Jan.2019 ) — The Russian bear is on the prowl once again as President Putin seeks to expand Moscow’s influence and bolster the one-time superpower’s global...
(The Wall Street Journal, Kejal Vyas, 14.Jan.2019) — The U.S. is evaluating whether to impose tougher sanctions against Venezuela’s military and vital oil industry, a senior Trump administration official said...
(Reuters, 14.Jan.2019) — Brazil’s government on Monday nominated three new board members for state-owned oil company Petroleo Brasileiro SA (PETR4.SA) (Petrobras), amid accusations that new CEO Roberto Castello Branco was...
(Petrobras, 14.Jan.2019) — Petrobras informs that it has received communication from its controlling shareholder, as assured by Petrobras By-Laws and Brazilian legislation, with the nomination of three new members to...
(Petrobras, 14.Jan.2019) — Petrobras, following the press released on Dec. 20, 2018, informs that the injunction rendered by Minister Marco Aurélio Mello on December 19, (ADI No. 5942), was suspended...
(Reuters, 14.Jan.2019) — Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Monday that it will restart publishing divestiture opportunities, following a Supreme Court ruling that temporarily allows the...
(Jamaica Observer, 13.Jan.2019) — The listing of MPC Caribbean Clean Energy Limited on the Jamaica Stock Exchange will take place on Monday, January 14, at 9:00 am. The company will...
(Energy Analytics Institute, Ian Silverman and Aaron Simonsky, 11.Jan.2019) — Heard on the street and LatAmNRG briefs on Caribbean FLNG’s arrival date to Argentina; Repsol E&P Bolivia and YPFB report...
(Jamaica Gleaner, Neville Graham, 11.Jan.2019) — GB Energy, the marketing company that holds the Texaco brand in Jamaica, will be undertaking a $2-billion expansion drive to increase the number of...
(CMC, 11.Jan.2019) — Venezuela has disputed Guyana’s account of what Georgetown said was the dangerous incursion into local waters after a Norwegian ship hired by ExxonMobil was “intercepted” by a...
(Frontera Energy, 11.Jan.2019) — CGX Energy Inc. and Frontera Energy Corporation have further amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4,...
(ClaimsFiler, 11.Jan.2019) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until February 11, 2019 to file lead plaintiff applications in a securities class action lawsuit against...
(Reuters, Brad Brooks, 11.Jan.2019) — Commodities trader Trafigura has refused a judge’s order to hand over the email archives of two former executives in Brazil who are facing corruption charges...
(Pemex 10.Jan.2019) — Petróleos Mexicanos continues to make progress in its efforts to normalize fuel supply. The new strategy set in motion by the Mexican Government to end “huachicoleo” (the...
(Reuters, Neil Marks, 10.Jan.2019) — Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana’s coast have not yet returned to the site of a December incident...
(Petrobras, 10.Jan.2019) — Petrobras, following the Press Release of Oct. 30, 2018, announces that it is initiating the leasing process of the fertilizer plants located in Sergipe (Fafen-SE) and in...
(Petrobras, 10.Jan.2019) — Petrobras, following up on the press release of Jan. 4, 2019 and Jan. 7, 2019, informs that its Board of Directors approved the dismissals of Mrs. Solange...
(Pemex 9.Jan.2019) — The Mexican Government, through Petróleos Mexicanos, calls for the public to avoid panic shopping, as this could generate a fuel shortage. Once more, it reminds the public...
(Pemex 9.Jan.2019) — Jointly with the Secretariat of Finance and Public Credit (initials in Spanish: SHCP), the Corporate Financial Office of Petróleos Mexicanos is currently on a two-day working tour...
(Jamaica Observer, Kamina Johnson Smith, 9.Jan.2019) — Below are the notes from Minister of Foreign Affairs Kamina Johnson Smith in her press breifing yesterday: Ladies and gentlemen of the media,...