(Reuters, Marta Nogueira and Rodrigo Viga Gaier, 3.Jan.2019) — Brazilian officials on Thursday predicted a quick resolution to a dispute with Petroleo Brasileiro SA over offshore oil blocks and doubled...
(Reuters, Neil Marks, 3.Jan.2019) — Guyana’s government will challenge in court a parliamentary no-confidence vote that toppled President David Granger’s ruling coalition amid a dispute over developing the country’s nascent...
(Energy Analytics Institute, Jared Yamin, 3.Jan.2019) — The Mexican Association of Gasoline Businessmen (Amegas by its Spanish acronym) confirmed the shortage of gasoline in various regions of Mexico, which could...
(Energy Analytics Institute, Aaron Simonsky, 3.Jan.2019) — Echo Energy starts seismic mobilization and topography survey in the eastern area of Tapi Aike, the company announced in presentation on its website....
(Reuters, Gram Slattery, 3.Jan.2019) — Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA, will either save the indebted oil major -...
(Kallanish Energy, 3.Jan.2019) — Bolivian left-wing autocrat President Evo Morales congratulated and welcomed Brazil’s far-right populist President, Jair Bolsonaro, while attending the latter’s swearing-in ceremony in Brazil Tuesday. Despite their...
(Bloomberg, Noah Smith, 3.Jan.2018) — It’s hard to overstate how disastrous the reign of Hugo Chavez and his successor Nicolas Maduro has been for Venezuela. A recent series of Bloomberg...
(Energy Analytics Institute, Ian Silverman, 2.Jan.2019) — PetroPerú announced that as a consequence of a slight pressure drop at Station 5, and futher inspection, a minor oil leak was detected...
(Energy Analytics Institute, Pierto Stewart, 2.Jan.2019) — Ecuador adjusted downward amounts estimated for subsidies contemplated in the country’s pro forma budget for 2019, approved in Nov. 2018 by the Assembly,...
(Melbana, 2.Jan.2019) — Melbana Energy Limited announced on 31 December 2018 it signed a binding definitive farmout agreement with Anhui Modestinner Energy Co., Ltd. (AMEC), a wholly owned and guaranteed...
(Bloomberg, Lucia Kassai, 2.Jan.2019) — Venezuela, once Latin America’s largest oil exporter, ended 2018 with a whimper as overseas sales dropped to the lowest in nearly three decades. Home to...
(Rowan, 2.Jan.2019) — Rowan Companies plc said the Rowan Gorilla VI (a Super Gorilla class jack-up) has been extended by Shell in Trinidad. The rig will continue its current drilling...
(Petrobras, 2.Jan.2019) — Petrobras reports that yesterday, the Chairman of the Board of Directors, Mr. Luiz Nelson Guedes de Carvalho, and Board member, Mr. Francisco Petros Oliveira Lima Papathanasiadis, presented...
(Power Technology, 2.Jan.2019) — German-based financial services company Kreditanstalt für Wiederaufbau (KfW) IPEX-Bank has agreed to provide financing for four power grid projects in Chile. Under the agreement, KfW IPEX-Bank...
(Eco Atlantic, 1.Jan.2019) — The 1800km2 Orinduik Block is situated in shallow water (70 – 1,400m), 170 km offshore Guyana in the Suriname Guyana basin, and is located 11km up-dip...
(Wolf Street, Don Quijones, 1.Jan.2019) — “We’re not just talking about the theft of oil, but about a plan involving government insiders and a complex distribution system. It’s not easy...
(Energy Analytics Institute, Ian Silverman, 1.Jan.2019) — Heard on the street and LatAmNRG briefs on fluctuating prices for super gasoline in Ecuador; and Ecuador’s government favoring $50.05 per barrel oil...
(AFP, 31.Dec.2018) — Costa Rica likes to advertise itself as an ecological paradise, where more than 98 percent of its electricity needs are met by clean energy. But in the...
(Cosan Limited, 31.Dec.2018) — Cosan Limited announced preliminary results of its tender offer to purchase up to U.S.$100,000,000 of its Class A common shares, or the shares, at (i) prices...
(Energy Analytics Institute, Piero Stewart and Ian Silverman, 31.Dec.2018) — Heard on the street and LatAmNRG briefs on Colombia’s first long-term power auction; the reach of Bolivia’s natural gas reserves;...
(Energy Analytics Institute, Aaron Simonsky, Piero Stewart, and Jared Yamin, 31.Dec.2018) — Heard on the street and LatAmNRG briefs on complaints from oil executives in Argentina over constant changes at...
(Forbes, Jude Clemente, 30.Dec.2018) — Mexico’s new President Andrés Manuel López Obrador(AMLO) took office on December 1 and will serve one six-year term. It was the largest landslide in Mexico’s...
(AP, 30.Dec.2018) — The theft of US$3 billion in fuel every year from Mexico’s state-run fuel depots and pipelines is an inside job, the country’s new president said Thursday. President...
(Reuters, 29.Dec.2018) — Argentina’s energy secretary resigned on Friday, the government said in a statement, less than 24 hours after news leaked that the administration of President Mauricio Macri plans...
(Energy Analytics Institute, Aaron Simonsky, 28.Dec.2018) — Argentina’s Ministry of Finance announced appointment of Gustavo Lopetegui as the country’s new Energy Secretary. Lopetegui replaces Javier Iguacel, who resigned, Argentina’s Energy...
(S&P Global Platts, 28.Dec.2018) — Argentina has set a target of doubling its oil and natural gas production over the next five years but analysts and executives warned that it...
(Energy Analytics Institute, Jared Yamin, 31.Dec.2018) — Petróleos Mexicanos conducted maintenance at the Poza Rica Gas Processing Complex (CPG) from Dec. 29 to 31, the company announced in an official...
(Reuters, Eliana Raszewski, 27.Dec.2018) — Argentina plans to raise electricity prices by an average 35 percent nationwide next year, government sources directly familiar with the matter said on Thursday. Higher...
(Scania, 28.Dec.2018) — In November, TransMilenio in Bogotá, selected Scania to deliver 481 Scania Euro 6 gas buses – the cleanest and most silent buses on the market. In the...
(Shell, 27.Dec.2018) — Oil & Gas Development Ltd S.A. (Shell Argentina) announced the decision to move into the development phase of the Sierras Blancas, Cruz de Lorena and Coiron Amargo...
(Ecopetrol, 27.Dec.2018) — Ecopetrol S.A. redeemed in advance the entire ten-year international bond issued in 2009, as it was announced in a press release on November 27, 2018. Consistent with...
(Energy Analytics Institute, Ian Silverman, 27.Dec.2018) — Amerisur Resources Plc announced Stephen Foss will step down from the Board in order to pursue other executive business interests at an established...
(Energy Analytics Institute, Piero Stewart, 27.Dec.2018) — Petroecuador completed its fourth spot market sale of crude oil in 2018, with the export of 1,080,000 barrels of Oriente crude of 24-degree...
(Oilprice.com, Nick Cunningham, 27.Dec.2018) — Last Friday, the Guyanese government fell after a no-confidence vote, a move that likely was viewed as an opportune moment of weakness in Caracas. A...
(EXMAR, 27.Dec.2018) — EXMAR announced its Floating LNG Liquefaction Unit (FLNG), to be renamed Tango FLNG, has left China to the destination of its liquefaction operations: Bahia Blanca, Argentina. Tango...
(S&P Global Platts, 27.Dec.2018) — Shell plans to start a full-scale development project in Vaca Muerta next year, betting on the shale play to ramp up oil and natural gas...
(SeekingAlpha, Carl Surran, 27.Dec.2018) — Royal Dutch Shell says it plans to begin development of unconventional oilfields in Argentina's Vaca Muerta basin, one of the world's biggest shale plays, aiming...
(Petrobras, 27.Dec.2018) — Petrobras, in addition to the material facts disclosed on 10/14/2016 and 06/30/17, informs that its Executive Board approved, yesterday, a complementary protection mechanism, aiming to give additional...
(Petrobras, 27.Dec.2018) — Petrobras announced that in November its total production of oil and gas, including natural gas liquids (NGL), was 2.62 million barrels of oil equivalent per day (boed),...
(ARPEL, 27.Dec.2018) — During October and November, various training courses on ARPEL Oil Spill Response Planning and Readiness Assessment Manual and the tool RETOS® (Readiness Evaluation/Excel Tool for Oil Spills)...
(Reuters, Alexandra Ulmer and Marianna Parraga, 26.Dec.2018) — Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in...
(Bladex, 26.Dec.2018) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announced the recent closing of a $75 million, senior unsecured, amortizing 3-year term loan facility in favor of YPF Energía...
(Petrobras, 26.Dec.2018) — Petrobras, further to the Material Fact published on December 18, 2018, hereby informs that it submitted to the CVM, on this date, the request for registration of...
(ExxonMobil, 26.Dec.2018) — ExxonMobil said today that drilling and development operations offshore Guyana are unaffected by an incident involving seismic acquisition vessels on Saturday. Two vessels operated by Petroleum Geo-Services...
(Energy Analytics Institute, Aaron Simonsky, Ian Silverman, and Piero Stewart, 26.Dec.2018) — Heard on the street and LatAmNRG briefs on Shell Argentina’s Vaca Muerta plans; YPFB to double purchases of...
(Energy Analytics Institute, Piero Stewart, 26.Dec.2018) — Shares of Goldman Sachs shares have fallen 30% due to the investment firm’s decision to finance the Venezuelan government, reported online media El...
(Reuters, 25.Dec.2018) — Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil...
(MPC, 25.Dec.2018) — MPC Caribbean Clean Energy Ltd has raised US$11 million from its initial public offering (IPO) on the Jamaica and Trinidad & Tobago stock exchanges. The offering opened...
(Energy Analytics Institute, Piero Stewart, 24.Dec.2018) — Rowan Companies plc, a global provider of contract drilling services with a fleet of 25 mobile offshore drilling units, composed of 21 self-elevating...
(Energy Analytics Institute, Piero Stewart, 24.Dec.2018) — Rowan Companies plc, with a fleet that operates worldwide, including the U.S. Gulf of Mexico, the UK and Norwegian sectors of the North...
(Oilprice.com, Irina Slav, 24.Dec.2018) — Exxon has suspended exploration activities in the western part of the Stabroek block offshore Guyana after the Venezuelan Navy intercepted this weekend two exploratory vessels...
(Reuters, 24.Dec.2018) — Exxon Mobil and a seismic research company it hired to search for oil off the coast of Guyana declined on Monday to say when they might resume...
(Jamaica Observer, Garfield Myers, 24.Dec.2018) — A leading executive in the renewable energy sector is urging electricity provider Jamaica Public Service Company (JPS) to stay focused on improving efficiency and...
(Energy Analytics Institute, Ian Silverman, 23.Dec.2018) — Shell Brasil signed a Memorandum of Understanding (MOU) with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) related to the commercialization of Bolivian natural gas in...
(Energy Analytics Institute, Jared Yamin, 22.Dec.2018) — Clandestine pipeline connections between January and October of 2018 rose 45% to 12,581 compared to 8,664 in the same period last year, and...
(PetroPerú, 22.Dec.2018) — Given the statement of various indigenous organizations about the recent attack on Km. 193 of the North Peruvian Pipeline (ONP), PetroPerú states the following: PetroPerú carries out...
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 21.Dec.2018) — Heard on the street and LatAmNRG briefs on YPFB’s estimated value after nationalization; a potential nitrogen, phosphorus and potassium plant...
(Echo Energy, 21.Dec.2018) — Echo Energy announces, further to its announcement of 2 November 2018, that Gavin Graham, a non-executive director of the company, was formerly, in the five years...
(Petrobras, 21.Dec.2018) — Petrobras informs that its Board of Directors approved the dismissal, on 12/31/2018, of Mr. Ivan de Souza Monteiro of the position of the company’s CEO. In view...
(Energy Analytics Institute, Piero Stewart, 21.Dec.2018) — Heard on the street and LatAmNRG briefs on Argentina’s renewable energy sector, Maurel & Prom’s acquisition of Shell’s interest in the Urdaneta West...
(Renewables Now, 21.Dec.2018) — Argentine thermal and renewable energy group Genneia SA has switched on 100 MW of renewable power plants, the Ministry of Energy and Mines announced on Thursday....
(Reuters, 20.Dec.2018) — Brazil’s state-controlled oil firm Petroleo Brasileiro SA has suspended oil and refined products trading with Vitol, the company said in a statement to Reuters. Petrobras, as the...
(Jamaica Gleaner, Steven Jackson, 21.Dec.2018) — Natural gas supplier New Fortress Energy has erected its new floating regasification vessel called the Golar Freeze offshore Old Harbour, under a long-term deal...
(Energy Analytics Institute, Aaron Simonsky, 21.Dec.2018) — Executives with Bolivia's Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and Brazil’s Ambar Energía signed a Memorandum of Understanding to execute projects for the supply...
(Petrobras, 21.Dec.2018) — Petrobras reports that yesterday it signed with the French company Total new documents related to the strategic partnership between the two companies announced on 03/01/2017. In the...
(Ecopetrol, 21.Dec.2018) — Ecopetrol S.A. closed a deal with companies of the Shell and Chevron groups, which will allow it to expand its stake in Brazil’s Pre-Salt Region. The agreement...
(Energy Analytics Institute, Piero Stewart, 20.Dec.2018) — PDVSA Intevep and Hartung Hermanos Sucesores, C.A. signed a Letter Of Intent (LOI) with the aim to implement technology that will assist in...
(Energy Analytics Institute, Aaron Simonsky, 20.Dec.2018) — Pan American Energy’s (PAE) first renewable energy market development, the Garayalde Wind Farm located in the province of Chubut about 200 km from...
(Maurel & Prom, 20.Dec.2018) — Etablissements Maurel & Prom announced in the press release published on 12 October 2018 the signature of a Share Sale and Purchase Agreement (the “SSPA”)...
(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — ExxonMobil was named 2018 Large Cap Company of the Year and Explorer of the Year by the World Oil and Gas Council in...
(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — Irving, Texas-based ExxonMobil announced a recap of some of its most important activities during the year in the Latin America and Caribbean region,...
(Oilprice.com, Tsvetana Paraskova, 20.Dec.2018) — U.S. oil production will continue to grow at a rapid pace until 2025, while Venezuela’s crude output is set for further declines, Fatih Birol, the...
(DemeraraWaves, Denis Chabrol, 20.Dec.2018) ) — Guyana has spent GYD$780 million (US$3.7 million) from the US$18 million signing bonus from ExxonMobil on legal fees for the settlement of the border...
(Petrobras, 20.Dec.2018) — Petrobras announced early results of its previously announced debt tender offers. As of 5:00 p.m., New York City time, on December 19, 2018 (the “Early Tender Deadline”)...
(Petrobras, 20.Dec.2018) — Petrobras, in relation to the news published in the media on the injunction rendered on December 19, 2018 by Minister Marco Aurélio Mello, in a declaratory action...