(Energy Analytics Institute, Jared Yamin, 13.May.2016) â An estimated 84 percent of Venezuelaâs auto park in Maracaibo contains the special TAG gasoline chip, reported the […]
Category: Venezuela
Venezuela energy
TĂĄchira Petrol Stations Sell 91 Grade Gasoline for Bs. 200/Liter
(Energy Analytics Institute, Jared Yamin, 1.May.2016) â Ten gasoline stations â which form part of Venezuelaâs Exclusive and Special Service stations â are selling PDVSAâs […]
PDVSA Pays Interest to 2022 Bondholders
(PDVSA, 29.Apr.2016) â PDVSA announced that payment of interest was made on April 28, 2016 to all holders of PDVSA Bonds maturing 2022 with an […]
Harvest Receives Continued Notice Listing From NYSE
(Harvest Natural Resources, Inc., 29.Apr.2016) â Harvest Natural Resources, Inc. announced that, on April 25, 2016, the New York Stock Exchange (NYSE) notified the company […]
PDVSA Advances with Plants at Sinovensa, Petrocarabobo
(Energy Analytics Institute, Piero Stewart, 28.Apr.2016) â PDVSA has started work on the heavy oil treatment plants at the joint-venture companies Petrolera Sinovensa and Petrocarabobo, […]
PDVSA Workers Banned From Company for Corruption
(Energy Analytics Institute, Jared Yamin, 14.Apr.2016) â A number of PDVSA workers have been banned from the company for corruption and more are under investigation […]
El Niño Pulling Down Venezuela’s Water Reserves
(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) â Venezuela, which relies on hydroelectric energy to generate 62 percent of its electricity, could be overcome by power […]
Rosneft to Partner with PDVSA in Mariscal Sucre
(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) â Russia’s Rosneft OAO and PDVSA signed an agreement for joint development of production, treatment and the sale of […]
Venezuela Turns to Gold Rush to Prevent Economic Collapse
(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) â Venezuela plans to immediately focus efforts on the exploitation and export of its massive gold resources located in […]
Venezuelan Officials Visit with T&Tâs Rowley
(Energy Analytics Institute, Piero Stewart, 8.Oct.2015) â A Venezuela delegation is expected to visit with Trinidad and Tobago Prime Minister K. Rowley, Venezuela finance minister […]
OPEC Must Be Stronger on Geopolitical Front
(Energy Analytics Institute, Pietro D. Pitts, 8.Oct.2015) â âOPEC should convert itself into a stronger actor in geopolitical, geo-economics, and social areas as well in […]
Venezuela to Start Mariscal Sucre Project by YE:15
(Energy Analytics Institute, Pietro D. Pitts, 1.Oct.2015) â Venezuela will soon start offshore gas production at the Mariscal Sucre project. Production from Cardon IV block […]
PetroCabimas to Drill Curazaito Exploration Well
(Energy Analytics Institute, Piero Stewart, 1.Oct.2015) â This will be the first exploration well to search for and confirm the presence of oil and gas […]
Smuggling of Venezuelan Gasoline to Aruba to Continue
(Energy Analytics Institute, Pietro D. Pitts, 1.Oct.2015) â The smuggling of Venezuelan gasoline to Aruba and other countries will continue as long as a large […]
LatAmNRG: Heard on the Street 3Q:15
(Energy Analytics Institute, 30.Sep.2015) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]
Venezuela, Saudi Arabia Joint Commission
(Energy Analytics Institute, Piero Stewart, 15.Sep.2015) â Venezuela’s Foreign Minister and Vice President of International Affairs at PDVSA, Delcy RodrĂguez, accompanied by Minister of Commerce […]
Venezuela Oil Sector Viable with $40/bbl
(Energy Analytics Institute, Piero Stewart, 15.Sep.2015) â âA $40 per barrel oil price is not a low price for Venezuela,â says Ramon Espinasa, oil economist […]
Venezuelaâs Good, Bad Position
(Energy Analytics Institute, 14.Sep.2015) â In terms of decisions made by Venezuelan government, a former AVHI executive in Caracas shares his thoughts. âWhat is good […]
PDVSA Output to Likely Fall in Default Scenario
(Energy Analytics Institute, Piero Stewart, 14.Sep.2015) â In terms of a much talked about default, PDVSA would continue to function but the levels of output […]
PDVSA Falsely Accusing Innocent Workers
(Energy Analytics Institute, Piero Stewart, 14.Sep.2015) â PDVSA is falsely accusing innocent workers of smuggling fuel, according to an oil union official. âBy falsely accusing […]
Venezuela Records Quake in Sucre State
(Energy Analytics Institute, Piero Stewart, 10.Sep.2015) â A 4.5 magnitude quake was reported in Venezuela’s Sucre state (41km north of Guiria), Venezuelan Seismological Foundation (Funvisis) […]
Del Pino Says Producers Must Overcome Differences
(Energy Analytics Institute, 10.Sep.2015) â âLetâs overcome our differences of opinion between OPEC and non OPEC producers to achieve consensus,â Venezuela’s oil ministry posted via twitter […]
Venezuela Arrest Nine for Trafficking Copper, Lead
(AVN, 9.Sep.2015) â Venezuela’s public prosecutor office arrests 9 persons convicted of trafficking 15 tons of copper and lead that belonged to PDVSA. ***
Gas Treatment Plant In Triguadare Operational After Fire
(Energy Analytics Institute, Piero Stewart, 8.Sep.2015) â A gas treatment plant in the Triguadare sector of Paraguana peninsula in Falcon state is operating normally after […]
Petrobras Pays Fine in USA
(Petrobras, 20.Aug.2015) â Regarding media reports on the payment of a fine to U.S. authorities, Petrobras states there is nothing ongoing regarding any payment of […]
Ecopetrol Oks Creation of New Subsidiary
(Ecopetrol S.A., 19.Aug.2015) â The Board of Directors of Ecopetrol S.A., in its meeting held on 14.Aug.2015, authorized the creation of a Colombian company indirectly […]
Life in a Venezuelan Oil Camp: TĂo Conejo Meets Uncle Sam
(Harvard Review of Latin America, Miguel Tinker Salas, 14.Aug.2015) â I grew up in a Venezuelan oil camp. Ever since I can remember, I have […]
Fitch Affirms Corpoelec IDRs
(Fitch, 13.Aug.2015) â Fitch Ratings has affirmed Corporacion Electrica Nacional S.A.’s (CORPOELEC) local and foreign currency Issuer Default Ratings (IDRs) at ‘CCC’. ***
PDVSAâs Planned Shutdown of Cardon FCC Unit
(Energy Analytics Institute, Pietro D. Pitts, 11.Aug.2015) â The Paraguana Refining Center (CRP) will initiate a preventive shutdown of the Cardon Refinery’s Fluidized Catalytic Cracking […]
PetroDelta Generates $173.3 Mln in Revenue
(Harvest Natural Resources, Inc., 7.Aug.2015) â Harvest Natural Resources, Inc. announced second quarter 2015 earnings and provided an operational update. Harvest reported a 2Q:15 net […]
Venezuela Eyes Gas Exports, LNG
(Energy Analytics Institute, 18.Jun.2015) â Petroleos de Venezuela SA (PDVSA) plans to boost investments in the Venezuelan natural gas sector over the next five years […]
Harvest Sets CAPEX at $265 Million
(Harvest Natural Resources, Inc., 19.May.2015) â Harvest Natural Resources said that during the first quarter of 2015, Petrodelta drilled and completed four development wells and […]
Harvest Reports 1Q:15 Results
(Harvest Natural Resources, Inc., 19.May.2015) â Harvest Natural Resources, Inc. (HNR) reported a 1Q:15 net loss of approximately $5.6 million, or $0.13/share diluted, compared with […]
Wison Delivers Stick Batches to RPLC Project
(Wison Offshore & Marine Ltd., 21Apr.2015) â Wison Offshore & Marine Ltd. announced the delivery of its first batch of stick built for the key […]
Baker Hughes Announces 1Q:15 LatAm Results
(Baker Hughes Incorporated, 21.Apr.2015) â Baker Hughes Incorporated announced results for the first quarter of 2015. Latin America revenue was $493 million for the 1Q:15, […]
Seaway Signs Perla Gas Deal
(Seaway Heavy Lifting, 9.Apr.2015) â Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project […]
Venezuelan Oil Attractive to âImperial Politicsâ
(Energy Analytics Institute, 8.Apr.2015) â âVenezuela is attractive to imperial politics because of the size of its petroleum reserves,â Venezuela’s Electric Energy Minister Jesse Chacon […]
CB&I Awarded Tank Contract in Venezuela
(CB&I, 1.Apr.2015) â CB&I was awarded a contract for approximately $60 million for the engineering, procurement, fabrication and construction of storage tanks in Venezuela. âCB&I […]
Economist Comments on Venezuela Exchange Controls
(Energy Analytics Institute, Ian Silverman, 30.Mar.2015) â âThe exchange controls don’t have an economic justification and is used only as a form of political domination,â […]
Venezuela Spends $444 Mln on Electric Projects
(Energy Analytics Institute, Piero Stewart, 31.Mar.2015) â Venezuela’s electric energy sector incurred investments of $444 million and 518 million Venezuelan bolivars in 2014 on three […]
Venezuela, San Cristobal and Nieves Talk Energy
(Energy Analytics Institute, Piero Stewart, 31.Mar.2015) â Venezuela’s foreign minister Delcy RodrĂguez met with San Cristobal and Nieves Prime Minister Timothy Harris to discuss bilateral […]
Venezuela, Antigua and Barbuda Discuss Energy
(Energy Analytics Institute, Jared Yamin, 31.Mar.2015) â Venezuela’s Foreign Minister Delcy RodrĂguez met with Antigua and Barbuda Prime Minister Gaston Browne to discuss bilateral trade […]
Court Enters Default Against Venezuela
(Gold Reserve Inc., 30.Mar.2015) â Gold Reserve Inc. reported on developments in the proceedings instituted in the U.S. District Court for the District of Columbia […]
LatAmNRG: Heard on the Street 1Q:15
(Energy Analytics Institute, 30.Mar.2015) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]
Venezuela’s Chavez Comments on Oil Diversification
(Energy Analytics Institute, Ian Silverman, 29.Mar.2015) â âPDVSA has completely diversified its oil markets, conquering spaces in Asia, India, Europe and South America, among others, […]
Commandos Attack Monagas Pumping Station
(Energy Analytics Institute, Piero Stewart, 29.Mar.2015) â PDVSA announced an armed commando group attacked its Tejero Operating Center installations located in the Punta de Mata […]
Venezuelan, Russian Oil Ministers Meet in Moscow
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) â Venezuela’s Oil Minister AsdrĂșbal ChĂĄvez met with his Russian counterpart Alexander Novak in Moscow. The officials discussed bilateral […]
Venezuela Seeks Disqualification of ICSID Judges
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) â Venezuela presented a letter to the ICSID court requesting the dismissal of judge Kenneth Keith. Keith is the […]
PetroVietnam Evaluates Exit from Venezuela
(Energy Analytics Institute, Jared Yamin 25.Mar.2015) â Vietnam’s state oil company PetroVietnam is evaluating its exit from a Venezuelan heavy oil project where it is […]
Venezuela to Continue Supply USA With Oil
(Energy Analytics Institute, Piero Stewart, 20.Mar.2015) â Venezuela will continue to supply the USA with its oil. This despite a decree recently signed by US […]