(PBS NewsHour, 20.Mar.2018) – Here's what it would take Six months after Hurricane Maria, and whole towns in Puerto Rico still remain without power. Many think solar energy can help the...
(Energy Analytics Institute, Piero Stewart, 20.Mar.2018) – A fire reported Saturday 17 March 2018 at a PDVSA controlled petroleum site located in the Lagunillas sector in Zulia state took an...
(Pampa Energía S.A., 19.Mar.2018) – Pampa Energía S.A. announced that regarding the conflict that EcuadorTLC (a subsidiary company established in the Republic of Ecuador and which Pampa holds a 100%...
(Energy Analytics Institute, Piero Stewart, 19.Mar.2018) – A new collective contract signed by PDVSA on 14 March 2018 eliminates 8 hour shifts and work lunch rooms, reported the newspaper El...
(CaribNation TV, 16.Mar.2018) – Guyana is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of some of the biggest oil...
The Caribbean Of 2040: vibrant economies where people are safe, productive, and happy, according to a video by Inter-American Development Bank (IDB).
(Rystad, 11.Mar.2018) — South American production is currently on a decreasing trend driven by large declines in Venezuela that are partially offset by supply additions in Brazil. As a result...
(Pemex, 7.Mar.2017) – The approval of the bidding process for the selection of a partner for the exploration and extraction of the Ayin and Batsil fields in the coastline of...
(Siemens, 7.Mar.2018) — Siemens recently delivered five gas turbine-driven compressor trains to Fermaca Enterprises (Fermaca) for two pipeline stations in Mexico. The pipeline projects, which also include a long-term service...
(Bloomberg, Ezra Fieser, 5.Mar.2018) – The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to natural gas and...
(CGX, 2.Mar.2018) – CGX Energy Inc. announced appointment of Drilling Engineer Michael (Mike) P. Stockinger as Project Operations Manager, who will be in charge of designing the company’s next offshore...
(Exxon Mobil, 28.Feb.2018) – Exxon Mobil Corporation announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. ExxonMobil encountered approximately 65 feet (20 meters) of high-quality,...
(Energy Analytics Institute, Ian Silverman, 28.Feb.2018) – The Liza discovery was the largest oil discovery in 2015 and has significantly de-risked the Cretaceous Tertiary play, proving the existence of a...
(Barbados Today, Luova Labs, 20.Feb.2018) – Government’s spokesman on energy Senator Darcy Boyce has said that independent producers of renewable energy would likely be able to supply more energy to...
(Mac Margolis, 16.Feb.2018) – Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income of $4,300, half the regional...
(MHPS, 14.Feb.2018) — Mitsubishi Hitachi Power Systems (MHPS) celebrated its first win in Brazil for the technical selection of its M501 JAC Gas Turbine for the Vale Azul II Project....
(Petroleum Economist, Aldo Flores-Quiroga, 8.Feb.2018) — Mexico's oil and gas industry will be completely open to private investment by end-2018. For the first time in almost eight decades, domestic and...
(ARPEL, February 6, 2018) — Tecpetrol, an oil company of the Techint Group and member of ARPEL, opened a gas treatment plant located in the vicinity of Añelo, Neuquén, with...
(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen to turn it into a...
(Total, 5.Feb.2018) — Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an...
(Energy Analytics Institute, Jared Yamin, 1.Feb.2018) – In January Petroteq Energy Inc. reached an agreement with Mexico’s state-owned oil entity Pemex. Through its Petrobloq subsidiary, Petroteq is developing a supply...
(CaribbeanLife, Bert Wilkinson, 31.Jan.2018) — Now that Guyana’s oil and gas basin has been deemed as one of the hottest and most exciting prospects in the world, Shell Oil has...
(Tecpetrol, 25.Jan.2018) — Buenos Aires-based Tecpetrol S.A. and YPF S.A. announced creation of the company “Oleoducto Loma Campana - Lago Pellegrini S.A.,” on January 24, 2018. The main objective of...
(Reuters, Jessica Resnick-Ault, 17.Jan.2018) – BP is expanding its retail presence with plans to open 3,000 branded retail stations globally in the next five years, half in Mexico, as that...
(CGX, 10.Jan.2018) – CGX Energy accepted Mr. Dewi Jones’ resignation as Chief Executive Officer of the company, effective January 8, 2018. “The xompany would like to thank Mr. Jones for...
(Exxon Mobil, 5.Jan.2018) – Exxon Mobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. The Ranger-1 well discovery adds to...
(Kevin Ramnarine, Strategic Energy Adviser). Former Minister of Energy. Business School Lecturer. International Speaker, 3.Jan.2018) – This is a summary of upstream activity for Trinidad and Tobago in 2018. 1)...
(Repsol, 30.Dec.2017) — Kanuku is a block covering 5,164 km2 in the Atlantic ocean within the EEZ of the Cooperative Republic of Guyana. We hold a 70% stake, while the...
(Repsol, 27.Dec.2017) - Repsol has begun gas production from the Sagari field, located in block 57 in the Cusco region of Peru, reinforcing the company´s gas output drive in its...
(Reuters, Alexandra Alper, 27.Dec.2017) — Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short...
(Reuters, Alexandra Alper, 27.Dec.2017) — Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short...
(Total, 10.Dec.2017) — Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico...
(New Fortress Energy, 5.Dec.2017) – Having committed to investing some US$1 billion (J$126 billion) in Jamaica over the next several years, United States-based company, New Fortress Energy (NFE) is well...
(Energía16, 30.Nov.2017) — Bolivia began exporting granulated urea to Brazil. Approximately 65 percent of the country’s urea production comes from YPFB’s Bulo Bulo plant, in Cochamba. Bolivia’s first delivery will...
(Independent, Tom Embury-Dennis, 22.Nov.2017) – Costa Rica’s electricity has been produced entirely using renewable energy for 300 days since the start of January. With more than a month of 2017...
(Baron Oil plc, 10.Nov.2017) — Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision...
(Schuepbach Energy Uruguay – SEU, 30.Oct.2017) — The Norte Basin is part of a huge sedimentary basin called Paraná Basin in Brazil and Paraguay, and called Chaco-Paraná Basin in Argentina....
(RTTNews, 23.Oct.2017) — U.S. oil company Chevron and the Argentinean state-owned YPF agreed to the expand the activities at Vaca Muerta’s Loma Campana field in the province of Neuquén, with...
(Reuters, 11.Oct.2017) — A Chilean power auction attracted 24 bids, including several from European renewable energy firms, to supply the country with 2,200 gigawatts per hour annually for two decades...
(Energy Analytics Institute, 10.Oct.2017) — Guyana, the small English-speaking South American country that is set to become the region's next petro-state, sit below sea level and is thus subject to...
(Reuters, 9.Oct.2017) — U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said on Monday. Kuczynski...
(Exxon Mobil, 5.Oct.2017) – Exxon Mobil Corporation announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s latest discovery to date in...
(McDaniel, 30.Sep.2017) — Colombia is a positive example of a country re-structuring but investment is still required to replenish reserves & production levels, according to McDaniel & Associate Consultants Ltd.’s...
(PanAmPost, Karina Martin, 13.Sep.2017) — On Thursday, September 14, the Ammonia and Urea Plant of the state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) will be inaugurated in Cochabamba, Bolivia, in one...
(OilPrice.com, Haley Zaremba, 22.Aug.2017) – In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually...
(Tecpetrol, 17.Aug.2017) — Tecpetrol S.A. entered into an agreement on August 16, 2017 for the sale of its interest in joint venture Río Atuel to Petrolera El Trébol S.A. for...
(Platts, 11.Aug.2017) — Pemex has yet to announce the next phase of its refined products logistics open season, which could be impacting investment decisions on new midstream projects in Mexico,...
(Exxon Mobil, 25.Jul.2017) – Exxon Mobil Corporation announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels....
(Reuters, 23.Jun.2017) — Breakeven prices in Argentina’s Loma Campana shale field are $43 per barrel and falling while development costs are $12.90 per barrel and expected to fall to $10...
(Exxon Mobil, 13.Jul.2017) – Exxon Mobil Corporation announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract for Block...
(9.Jul.2017, PBS NewHour) – Despite having the largest oil reserves in the world, Venezuela’s economy is in a freefall, necessities have become scarce and tens of thousands of residents are...
(Energy Analytics Institute, Aaron Simonsky, 16.Jan.2017) – Refining utilization rates at PDVSA’s six domestic refineries averaged 30.7 percent in 2016 owing to permanent and temporary plant shut downs and continued...
(Platts, 30.Jun.2017) — Mexican state-run utility CFE has canceled its auction to bring natural gas into the Pacific state of Baja California Sur, the company said. CFE said the gas...
(Exxon Mobil, 16.Jun.2017) – Exxon Mobil Corporation said it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the...
(Pacific Rubiales, 12.Jun.2017) — Pacific Exploration & Production Corporation changed its corporate name to Frontera Energy Corporation to mark the beginning of a new era for the Company. The Company's...
(BPTT, 1.Jun.2017) — Watch BPTT’s Angelin platform come to live in this time lapsed video. See the amazing progress of the BPTT Angelin platform being built in Altamira, Mexico https://twitter.com/i/status/958759230869090304...
(BPTT, 1.Jun.2017) — BP Trinidad and Tobago LLC announced the sanction for the development of its Angelin offshore gas project. The project will feature the construction of a new platform...
(Tecpetrol, 24.May.2017) — Tecpetrol S.A. sold its interest in Tecpetrol de Bolivia S.A. to its parent company, Tecpetrol Internacional S.L.U., for $189,000 on May 23, 2017. Through the above mentioned...
(Reuters, 23.Mar.2017) — State-owned China National Petroleum Corporation (CNPC) plans to invest $2 billion in an oil and natural gas block in southern Peru in coming years, Rafael Zoeger, the...
(Energy Analytics Institute, Ian Silverman, 23.May.2017) – PDVSA President Eulogio Del Pino announced that he fully backs Venezuelan President Nicolás Maduro in the Constituent Assembly process to defeat what he...
(Energy Analytics Institute, Ian Silverman, 23.May.2017) – Venezuelan petroleum sector workers accompanied Venezuelan President Nicolás Maduro during a march for peace to the headquarters of the National Electoral Council (CNE...
(Energy Analytics Institute, Pietro D. Pitts, 22.May.2017) – In recent weeks PDVSA has reported at least three accidents: Petrotrin oil spill in Sucre state and incidents at its Cardon and...
(Energy Analytics Institute, Piero Stewart, 21.May.2017) – PDVSA and Shell continue to conduct discussions related to the exportation of Venezuelan natural gas to the twin-nation island of Trinidad and Tobago,...
(Energy Analytics Institute, Ian Silverman, 21.May.2017) – PDVSA reiterated in a twitter post that once the authorities from Trinidad and Tobago notified the company of the Petrotrin oil spill that...
(Energy Analytics Institute, Ian Silverman, 21.May.2017) – PDVSA announced that it has completely controlled a fire that occurred at its Isla de Curacao refinery. The incident occurred at the distillation...
(Energy Analytics Institute, Piero Stewart, 20.May.2017) – PDVSA announced that clean-up activities continue along the Venezuelan coast off Sucre state, related to the spill of crude oil at the Pointe-à-Pierre...
(Piero Stewart, Energy Analytics Institute, 20.May.2017) – Petroleum production below historic average levels, economic distortions on all fronts, the problem with Venezuela, which is clear for the financial markets, is...
(Piero Stewart, Energy Analytics Institute, 20.May.2017) – “This government doesn’t want to reduce inflation because this government, generating inflation uses it to finance itself,” said opposition lawmaker and Economist José...
(Energy Analytics Institute, Aaron Simonsky, 20.May.2017) – PDVSA continues to guarantee the supply of fuels across the country despite ongoing protests, reported PDVSA in an official statement, citing Commerce and...
(Energy Analytics Institute, Jared Yamin, 19.May.2017) – In recent weeks, a reported 66 companies in Venezuela dedicated to the collection of milk have closed their doors and stopped distribution activities...
(Energy Analytics Institute, Ian Silverman, 18.May.2017) – PDVSA has reinforced effects to protect is fuel supply amid ongoing protests across Venezuela. Several protests have led to incidents affecting gasoline distribution...
(Energy Analytics Institute, Jared Yamin, 17.May.2017) – Argentina started importing natural gas from Chile, and will continue over an estimated three month period in order to cover increased demand during...
(Energy Analytics Institute, Ian Silverman, 16.May.2017) – PDVSA halted the catalytic cracking unit at the 310,000 barrel-per-day Cardón refinery in Punto Fijo, reported Reuters, citing a worker at the plant...
(Energy Analytics Institute, Aaron Simonsky, 16.May.2017) – PDVSA in alliance with Camimpeg (Compañía Anónima Militar de Industrias Mineras, Petrolíferas y Gas) and Southern Procurement Services (SPS) plan to boost production...
(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) – Petrolera Indovenezolana opened a Saltwater Injection Plant in Zuata North field, Anzoátegui state to boost production and prevent reservoir declination. The field, located...