Category: Peru
Peru energy
Brazil And Peru Ink Energy Cooperation Declaration
(Brazilian Government, 7.Mar.2019) — Brazil and Peru will intensify cooperation in the energy sector. The Ministers of Mines and Energy of the two countries, Bento Albuquerque (Brazil) and Francisco Atilio ĂŤsmodes (Peru), signed a Declaration of Cooperation in Energy on 5 February. The document provides mechanisms for exchanges on energy […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and the Caribbean from Venezuela, Ecuador, Brazil, Colombia, and Mexico. *** © Energy Analytics Institute (EAI)
Fact Sheet: Hunt Oil In Peru
(Hunt Oil, 2.Feb.2019) — Hunt Oil Company of Peru L.L.C., Sucursal del PerĂş (HOCP) is part of the Camisea Consortium and holds a 25.2% interest in the License Contracts related to the largest natural gas producing fields in Peru, the Camisea Fields; which include Block 88 and Block 56 in […]
Frontera Announces Shareholder Value Enhancement Initiatives
(Frontera Energy, 6.Dec.2018) — Frontera Energy Corporation announced full year 2019 plan and guidance information. All values in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted. Gabriel de Alba, Chairman of the Board of Directors, said: “Frontera’s 2019 plan delivers on the […]
Frontera Energy Announces Dividend
(Frontera Energy, 6.Dec.2018) — Frontera Energy Corporation announced that its board of directors has declared dividend of C$0.33 per common share, which will be paid in cash on January 17, 2019 to shareholders of record at the close of business on January 3, 2019. The dividend is designated as an […]
Frontera Starts To Shut Down Production At Block 192 In Peru
(Frontera Energy, 3.Dec.2018) — Frontera Energy Corporation announces an update on Block 192 in Peru. On November 30, 2018, the company was notified by PetroperĂş S.A., the operator of the NorPeruano pipeline, of a force majeure event affecting a portion of the pipeline as a result of an attack at […]
Peru-Petro President Says 2018 Investments To Reach $505 Million
(Energy Analytics Institute, Ian Silverman, 1.Dec.2018) — Investment in exploration and exploitation of hydrocarbons will reach $505 million in 2018, up 3.9% compared to $486 million recorded in 2017, reported online media El Comercio, citing comments from Peru-Petro President Seferino YesquĂ©n. However, these figures are well below investments of $1.879 […]
Frontera Energy Oil Operations In Peru Threatened By Pipe Rupture
(Reuters, Marco Aquino, 30.Nov.2018) — Canada’s Frontera Energy Corp could be forced to halt operations in Peru’s largest oil block if a key pipeline ruptured amid indigenous protests is not promptly repaired, state oil company Petroperu said on Friday. The pipeline, in a remote corner of Peru’s Amazon, was attacked […]
LatAmNRG Panorama 28.Nov.2018: Ecuador, Mexico, Peru, Venezuela
(Energy Analytics Institute, Jared Yamin and Piero Stewart, 28.Nov. 2018) — Heard on the street and other LatAmNRG briefs from Mexico, OPEC producers Ecuador and Venezuela, and Peru. Heard On The Street And Briefs Saudi Arabia Boosting Oil Output As Venezuela’s Falls Saudi Arabia is said to have slightly boosted […]
LatAmNRG Chart Analysis: Venezuela’s R/P Rises As Oil Output Plunges
(Energy Analytics Institute, Pietro D. Pitts, 24.Nov. 2018) — Venezuela is suffering a complete meltdown across all sectors. The Venezuelan oil sector, which generates upwards to 95% of the country’s foreign currency revenues, is in a precarious state to say the least as oil output continues its downward trend. Interesting […]
Frontera Extends Consent Solicitation Relating To Senior Notes
(Frontera Energy, 20.Nov.2018) — Frontera Energy Corporation announced (i) an extension of its consent solicitation and (ii) a change to the consent fee payable to consenting noteholders with respect to its previously announced consent solicitation to holders of the company’s $350 million aggregate principal amount of 9.700% Senior Notes due […]
PetroPeru Says 20 Workers Kidnapped In Loreto
(Energy Analytics Institute, Piero Stewart, 20.Nov. 2018) — The state-owned company PetroPerĂş announced that 20 workers from the Morona Station of the Norperuano Pipeline, located in Loreto, were kidnapped by a group of people from nearby communities. The incident occurred on November 17, 2018, announced PeruPetro in an official statement […]
Work On Modernization Of Talara Refinery Reaches 71% Mark
(Energy Analytics Institute, Piero Stewart, 12.Nov.2018) — Construction of the Talara refinery in PerĂş continues. Modernization work at the refinery — which is comprised of 16 processing units and 5 auxiliary units — is 70.94% complete, PetroPerĂş reported in an official statement on its website. Work completion will increase the […]
PetroPerĂş Says Ilo Terminal Work Reaches 35% Completion Mark
(Energy Analytics Institute, Piero Stewart, 12.Nov. 2018) — Work related to construction of the new Ilo Terminal, being carried out by the Felguera Consortium, has reached a completion mark of 35.02%, PetroPerĂş announced in an official statement on its website. PetroPerĂş confirmed that the Felguera Consortium won the rights to […]
Frontera Energy Announces 3Q:18 Ops, Financial Results
(Frontera Energy, 7.Nov.2018) — Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion and Analysis (MD&A). These documents will be posted on the Company’s website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this news release and […]
Frontera Sets Date For 3Q:18 Financial and Ops Update, Conference Call
(Frontera Energy, 26.Oct.2018) — Frontera Energy Corporation announces that its third quarter 2018 results will be released after market on Wednesday, November 7, 2018 followed by a conference call and webcast for investors and analysts on Thursday, November 8, 2018 at 8:00 a.m. (MST), 10:00 a.m. (EST, GMT-5). Participants will […]
Camisea Consortium Resumes Operations at Malvinas Gas Plant
(Energy Analytics Institute, Ian Silverman, 20.Oct.2018) — The Camisea Consortium confirmed conditions at the Malvinas Gas Plant “are normal and present no risk to the safety of people, operations or the environment,” reported the daily newspaper El Comercio. Today, starting at 5 p.m., normalization of plant operations will begin, with […]
Ecuador, Peru In Talks To Explore Oil And Gas Blocks: Energy Minister
(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 Peru, Ecuadorian Energy Minister Carlos Perez said on Thursday. Ecuador, which earlier this year awarded foreign and domestic energy firms […]
Frontera Energy Announces Exploration Discovery in Colombia
(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 an operational update highlighting current production, major project activities and details regarding the fourth quarter drilling campaign. Richard Herbert, Chief […]
PetroTal Provides Update On Peruvian Blocks 95 and 107
(PetroTal Corp., 26.Sep.2018) — PetroTal Corp. is increasing production from the Bretaña oil field on Block 95, as well as evaluating the Osheki prospect in Block 107. Key highlights from the fields follows: — Bretaña oil field (Block 95): – One of the largest undeveloped discoveries in Peru – First […]
PetroTal Corp. Announces Intention for Secondary Quote of Common Shares
(PetroTal Corp., 26.Sep.2018) — PetroTal Corp. announced its intention to seek a secondary quotation of its common shares with their admission to trading on the London Stock Exchange’s AIM market, subject to preparation of the requisite documentation. The company expects that the shares will begin trading by the end of […]
PetroTal Announces Grant of Performance Share Units, Deferred Share Units
(PetroTal, 14.Sep.2018) — PetroTal Corp. granted performance share units (PSUs) and deferred share units (DSUs) to certain officers and directors of the company. PetroTal granted an aggregate of 3,901,666 PSUs to certain officers of the company in accordance of the provisions of the company’s PSU plan. The PSUs will vest […]
PetroTal Seeks Exploration Partner for the Osheki Prospect in Peru
(Energy Analytics Institute, Aaron Simonsky, 13.Sep.2018) — PetroTal Corp. is seeking joint venture partners to drill the first exploration well by the fourth quarter 2019 or early 2020. “We are currently engaging potential joint venture partners to drill the exploration prospect and expect the full data room to be open […]