(Stabroek News, 13.Oct.2018) — The Guyana government and the Canadian province of Newfoundland and Labrador will be signing a technical cooperation agreement on oil and gas in the coming week,...
(TeleSur, 13.Oct.2018) — The Colombian Constitutional Court has ruled to restrict the power of popular consultations to halt extractive projects. Colombia’s Constitutional Court ruled in favor of a Mansarovar Energy,...
(Energy Analytics Institute, Piero Stewart, 13.Oct.2018) — Venezuela has solicited an audit of costs related to the Pacific Coast Refinery and Río Napo JV in order to discuss potential investment...
(Energy Analytics Institute, Ian Silverman, 13.Oct.2018) — Companies seeking to benefit from renewable energy tax benefits will have until October 24, 2018 to submit details related to their projects. Companies...
(Reuters, 12.Oct.2018) — Royal Dutch Shell Plc is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom , three sources said this...
(BP, 12.Oct.2018) — The Angelin facility marked a major milestone on October 12, 2018 with the completion of the McDermott EPCIC scope called the Total Facility Handover. [caption id="attachment_5004" align="alignright"...
(Energy Analytics Institute, Jared Yamin, 12.Oct.2018) — Bolivian natural gas is more competitive than liquefied natural gas (LNG) and gas from Argentina’s Vaca Muerta shale formation, announced Bolivia’s Hydrocarbon Minister...
(Guyana’s Ministry of Natural Resources, 12.Oct.2018) — The Guyana Oil and Gas Capacity Building Project (the ‘Project’) is supported by the World Bank and aims to enhance the Government’s capacity...
(Reuters, Alexandra Alper, Tatiana Bautzer, Rodrigo Viga Gaier, 12.Oct.2018) — Nationalistic and free market advisers to Brazil’s right-wing presidential frontrunner are deeply split about the future of state-run oil company...
(Maurel & Prom, 12.Oct.2018) — Etablissements Maurel & Prom notes recent press articles and confirms it is working on the acquisition of Shell Exploration and Production Investments B.V.’s 40% interest...
(Reuters, 12.Oct.2018) — Mexico plans to enforce fines imposed on Odebrecht over corruption allegations by confiscating some $30 million owed by state oil company Pemex to the Brazilian firm, a...
(Pemex, 11.Oct.2018) — Pemex introduced the new gasoline additive that will be added into Pemex Magna and Pemex Premium fuels, the additive will be promoted under the brand name of...
(Reuters, Ricardo Brito, 11.Oct.2018) — Brazil’s presidential front-runner Jair Bolsonaro would tackle chronic energy shortages by expanding nuclear and hydroelectric power in the Amazon despite environmental concerns, the adviser overseeing...
(Reuters, Alexandra Valencia, 11.Oct.2018) — Ecuador has begun talks with neighboring Peru to jointly explore two oilfields at the border and allow state-run Petroamazonas to operate natural gas areas in...
(Energy Analytics Institute, Jared Yamin, 11.Oct.2018) — Bolivian natural gas exports shipped by YPFB to Argentina to-date have averaged 18 million cubic meters per day (MMcm/d). These volumes are below...
(S&P Global Platts, 11.Oct.2018) — Brazilian state-led oil company Petrobras and Murphy Oil will combine production assets in the US Gulf of Mexico in a joint venture that will produce...
(The Motley Fool, Matthew DiLallo, 11.Oct.2018) — The oil company made a needle-moving deal. What happened Shares of Murphy Oil Corporation took off on Thursday, rising more than 12% by...
(Houston Chronicle, Jordan Blum, 11.Oct.2018) — Leaders of Mexico’s state oil company Pemex initially feared the inevitable election of leftist presidential candidate Andrés Manuel López Obrador, who spoke of rolling...
(Bloomberg, Pablo Rosendo Gonzalez, 11.Oct.2018) — YPF SA, Argentina’s state-run oil company, is in advanced talks to sell a minority stake in its power unit to an Asian fund, said...
(Energy Analytics Institute, Ian Silverman, 10.Oct.2018) — The dispatch of energy from the Coca Codo Sinclair hydroelectric plant, located between Napo and Orellana, was carried out Oct. 9 “with restrictions...
(Seeking Alpha, Carl Surran, 10.Oct.2018) — Kosmos Energy says it is abandoning an offshore well in Suriname after failing to find oil, its second straight dry well in the region...
(InSight Crime, Parker Asmann, 10.Oct.2018) — The ways in which gangs of fuel thieves in Costa Rica are tapping oil pipelines in order to steal and later resell the good...
(Reuters, Alexandra Ulmer, 10.Oct.2018) — Venezuela on Wednesday increased wages for workers at state energy company PDVSA after employees staged small protests to decry meager salaries amid the OPEC nation’s...
(Energy Analytics Institute, Jared Yamin, 10.Oct.2018) — Añelo is a small oil town located in the heart of Neuquen and the Vaca Muerta shale revolution. This small town with a...
(Frontera Energy, 10.Oct.2018) — Frontera Energy Corporation announced the International Finance Corporation (IFC) and related funds have provided notice to the Company that they have exercised their right under the...
(Frontera Energy, 10.Oct.2018) — Frontera Energy Corporation announced a light oil discovery from its Acorazado-1 exploration well on the 100% owned and operated Llanos-25 block in Colombia. Frontera also provided...
(AP, 9.Oct2018) — Mexico’s state-owned oil company says two wells in shallow Gulf of Mexico waters have found about 180 million barrels of proven, probable and possible oil and gas...
(FT, Jude Webber, 9.Oct.2018) — Mexican state-owned oil company Pemex said it had discovered two new shallow water fields that, combined with other discoveries in recent years, would add production...
(Pemex, 9.Oct.2018) — Pemex CEO, Carlos Treviño, confirmed the discovery of seven reservoirs in two new wells in Mexico’s Southeast Basin, named Manik-101A and Mulach-1, which will allow the company...
(RJR News, 9.Oct.2018) — There is an ominous warning about the possible economic fallout for Jamaica due to changes in the climate, as outlined in the latest United Nations report...
(Bloomberg, Javier Blas, Grant Smith & Francine Lacqua, 9.Oct.2018) — Oil prices have rallied to a four-year-high due to US sanctions on Iran and the Venezuelan crisis, even as Saudi...
(Financial Express, Huma Siddiqui, 9.Oct.2018) — With the India-Colombia bilateral trade $1.5 bn, India lifted oil close to $ 400 million from January to July this year-- an increase of...
(Petrobras, 8.Oct.2018) — Petrobras announced the beginning of the opportunity disclosure stage (Teaser) related to the sale of its entire equity share in three onshore production fields (Lagoa Parda, Lagoa...
(The Oil&Gas Year, 8.Oct.2018) — Around 300 people were evacuated in the Mexican state of Veracruz as hydrocarbons spilled from a vandalised Pemex pipeline into the Tepeyac creek, which flows...
(The National, Robin Mills, 8.Oct.2018) — One of the few major new conventional oil provinces discovered this century could see the country emerge as the top per capita producer. Who...
(Energy Analytics Institute, Jared Yamin, 6.Oct.2018) — Investors could inject $7 billion into the Vaca Muerta in 2019, announced Neuquén Governor, Omar Gutiérrez. “In 2019, we will have 15 new...
(Pemex, 5.Oct.2018) — Pemex Digital, Pemex’s Digital Transformation project, which is spearheaded by the Corporate Office of Information Technology and is supported by Pemex CEO Carlos Treviño Medina and the...
(Petrobras, 5.Oct.2018) — Petrobras prepaid a debt with Banco do Brasil, in the amount of R$2 billion, whose maturity would occur in 2020. Simultaneously, Petrobras has signed with the same...
(Petrobras, 5.Oct.2018) — Petrobras reports that it received the Official Letter No. 369/2018/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 369/2018/CVM/SEP/GEA-1 “Mr. Director, We refer to the news published...
(Xinhua, 5.Oct.2018) — Ecuadorian authorities signed investment contracts worth about 1.6 billion U.S. dollars with private companies to develop six oil fields in the country's northeastern provinces, local newspaper El...
(Sputnik, 5.Oct.2018) — The government of Ecuador, represented by the state-run Petroamazonas energy company, signed investment contracts worth $1.62 billion for the development of six oil and gas fields, local...
(Aker Solutions, 5.Oct.2018) — Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 project within the Mero field...
(Shawcor Ltd. 4.Oct.2018) — Shawcor Ltd. (SCL) announced that its pipe coating division has been assigned work from Saipem valued at approximately C$110 million to provide thermal insulation and anticorrosion...
(Reuters, Marianna Parraga, 4.Oct.2018) — Venezuela’s September crude sales to the United States rose to their highest in over a year, boosted by purchases by Citgo Petroleum, the U.S. refining...
(S&P Global Platts, Daniel Rodriguez, 4.Oct.2018) — Mexico’s President-elect Andres Manuel Lopez Obrador will allow Pemex to continue farming out projects to boost oil and natural gas production from mature...
(Energy Analytics Institute, Ian Silverman, 4.Oct.2018) — Yacimientos del Litio Bolivianos (YLB), a Bolivian company, and ACI Systems of Germany signed a deal for the constitution of a joint venture...
(Energy Analytics Institute, Ian Silverman, 3.Oct.2018) — Transparency in information is necessary in order for Bolivia and producing departments of the small Andean country to understand the full details related...
(YPF, 3.Oct.2018) — YPF S.A. received notice of the decision adopted by the judge in charge of Oil Combustibles S.A.’s bankruptcy proceedings, which awarded the industrial assets of the bankrupt...
(Energy Analytics Institute, Aaron Simonsky, 3.Oct.2018) — Details of the International Monetary Fund (IMF) estimates were reported by the daily newspaper La Razón, citing a speech made by Bolivia’s President...
(CMC, 3.Oct.2018) — The Trinidad and Tobago government Monday reiterated its position that it was necessary to close down the refinery of the state-owned oil company, Petrotrin, insisting that the...
(OilPrice.com, Irina Slav, 3.Oct.2018) — A delay in port repairs following a tanker collision is putting additional pressure on already pressured Venezuelan crude oil exports, Reuters quoted anonymous sources close...
(Energy Analytics Institute, Ian Silverman, 3.Oct.2018) — Bolivia’s National Electricity Company (ENDE) has temporarily suspended the Rositas hydroelectric project. Delegates from affected communities and two elected authorities from Vallegrande said...
(Energy Analytics Institute, Ian Silverman, 3.Oct.2018) — The Jubilee Foundation announced Bolivia’s production of natural gas is short of projections outlined in the country’s Integral Hydrocarbon Development Plan 2016-2020 by...
(Energy Analytics Institute, Jared Yamin, 2.Oct.2018) — Ecuador, with the assistance of the United Nations Organization (UN), is auditing five major oil projects promoted by former President Rafael Correa during...
(Reuters, Marianna Parraga, 2.Oct.2018) — Repairs to a dock at Venezuela’s main oil export port will take at least another month to complete following a tanker collision more than a...
(Reuters, Marta Nogueira, Alexandra Alper, 2.Oct.2018) — General Electric Co’s unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil’s Petrobras, a Baker Hughes executive said on...
(The Motley Fool, Rich Smith, 2.Oct.2018) — Investors are upbeat facing the upcoming Brazilian presidential election. What happened Brazilian oil giant Petroleo Brasileiro (Petrobras) saw its stock surge 8.9% in...
(Renaissance Oil Corp., 2.Oct.2018) — Renaissance Oil Corp. announced that Mexico's president-elect, Andres Manuel Lopez Obrador, who will take office on December 1, 2018, assured private energy executives on September...
(Energy Analytics Institute, Jared Yamin, 2.Oct.2018) — Schlumberger is said to be contemplating “new investments” in Ecuador. The announcement was revealed after a meeting between Schlumberger Manger Carlos Sarmiento and...
(Washington Examiner, 1.Oct.2018) — Meeting with the president of Chile at the White House on Friday, President Trump pledged to continue confronting humanitarian suffering in Venezuela. The president deserves credit...
(Petrobras, 1.Oct.2018) — Petrobras received the Official Letter No. 363/2018/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 363/2018/CVM/SEP/GEA-1 “Mr. Director, 1. We refer to the news published on this...
(Reuters, 1.Oct.2018) — Mexico’s state-run Pemex has launched a tender to buy 350,000 barrels of U.S. Light Louisiana Sweet (LLS) crude for October delivery, according to a document seen by...
(Energy Analytics Institute, Aaron Simonsky, 1.Oct.2018) — Trinidad and Tobago will use a $65 per barrel oil price to calculate its 2019 budget. Other key highlights related to the 2018/2019...
(YPF, 1.Oct.2018) — Argentina’s unconventional oil & gas resources are among the world’s largest. YPF is working and investing to increase production with the aim of meeting the challenge of...
(Bloomberg, 1.Oct.2018) — Venezuelan oil workers protested against a new minimum wage at key crude processing facilities last week, claiming the new law disregards previous pay scales and union agreements....
[caption id="attachment_3882" align="alignnone" width="1920"] Petrotrin refinery in Trinidad. Source: Trinidad Guardian[/caption] (LoopTT, Darlisa Ghouralal, 1.Oct.2018) — Severance packages for retrenched Petrotrin workers are expected to cost the State in the region...
(Prensa Latina, 1.Oct.2019) — The government of elected president Andres Manuel Lopez Obrador will make a strong investment to rehabilitare the six refineries presently property of Petroleos Mexicanos (Pemex) in...
(Rystad, 30.Sep.2018) — Mexican national oil company Pemex is poised for a massive cash infusion earmarked for exploration and drilling, but a review of the company’s portfolio and recent track...
(The Hindu Business Line, Vishwanath Kulkarni, Richa Mishra, 30.Sep.2018) — India is considering setting up a rupee-payment mechanism for trade with Venezuela, besides exporting rice and drugs to the South...
(Tecpetrol, 30.Sep.2018) — Buenos Aires-based Tecpetrol S.A., controlled by its Madrid-based parent company Tecpetrol Internacional S.L.U., which holds a 95.99% equity interest, announced results for the nine-month period ended on...
(Energy Analytics Institute, Aaron Simonsky, 30.Sep.2018) — Members of the Energy Chamber of Trinidad & Tobago and a Petrotrin transition team meet to discuss issues related to closure of the...
(Reuters, 30.Sep.2018) — Mexico’s oil regulator supports a proposal to allow state-run oil company Pemex to pick its own equity partners for exploration and production projects, the head of the...
(Energy Analytics Institute, Piero Stewart, 29.Sep.2018) — Venezuela’s Oil Minister Manuel Quevedo announced the South American country would continue to seek equilibrium in the petroleum market. “Under the leadership of...
(Energy Analytics Institute, Ian Silverman, 29.Sep.2018) — The Energy Chamber of Trinidad and Tobago will host a forum in Guyana in November 2018, to share experiences from Trinidad’s energy sector...
(Energy Analytics Institute, Ian Silverman, 28.Sep.2018) — The Brazilian government announced it would suspend, until further notice, the importation of Venezuelan energy to supply Roraima, a state in northern Brazil...