(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 said in broadcast on state […]
Category: Venezuela
Venezuela energy
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 has a long history in […]
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 reported the daily Quinto DĂa, […]
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 projects in Venezuela’s western region, […]
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 relations. The official also reviewed […]
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 and energy matters. Antigua and […]
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 to confirm the $740 million […]
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 such. REGARDING COLOMBIA * A […]
EAI brief: Venezuela’s AsdrĂșbal Chavez comments on oil diversification
HOUSTON, TEXAS (By Energy Analytics Institute, Ian Silverman, 29.Mar.2015, Words: 50) 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 Eastern Executive Division in Monagas. […]
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 projects and evaluate the progress […]
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 president of the arbitration tribunal […]
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 partnered with its Venezuelan counterpart […]
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 President Barrack Obama against seven […]
PetroCaribe Important Instrument for Venezuela
(Energy Analytics Institute, Piero Stewart, 20.Mar.2015) â Petrocaribe is an important instrument that has allowed our Caribbean brothers to overcome their problems, reported Venezuelan state news agency AVN, citing Venezuela’s […]
Venezuela to Defend Oil Price Strategy
(Energy Analytics Institute, Jared Yamin, 20.Mar.2015) â Venezuela plans to continue defending a strategy within OPEC that favors higher oil prices versus a strategy based on volumetric production, reported Venezuelan […]
Owens-Illinois Wins Venezuelan Arbitration
(Owens-Illinois, Inc., 12.Mar.2015) â Owens-Illinois, Inc. reported that its Dutch subsidiary, OI European Group B.V. (OIEG), has prevailed in an international arbitration against Venezuela. OIEG has been awarded more than […]
Venezuela Opening Ops to Nicaragua, Caribbean
(Energy Analytics Institute, Piero Stewart, 9.Mar.2015) â âWe are advancing with Nicaragua and opening up possibilities to the rest of the Caribbean,â said Venezuela’s Oil Minister Asdrubal Chavez on state […]
Maduro Says Caribbean Must be Together
(Energy Analytics Institute, Piero Stewart, 6.Mar.2015) â Venezuelaâs President Nicolas Maduro says the Caribbean region has to always be together. âPetrocaribe is our road of respect, solidarity, brotherhood, the union […]
Harvest Withdraws Venezuelan Arbitration Request
(Harvest Natural Resources, 29.Jan.2015) â Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), have withdrawn without prejudice a Request for […]
Harvest Files Arbitration Request Against Venezuela
(Harvest Natural Resources, 16.Jan.2015) â Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), submitted a Request for Arbitration against the […]
Harvest Terminates Venezuelan Deal
(Harvest Natural Resources, 2.Jan.2015) â Harvest Natural Resources, Inc. announced that the Share Purchase Agreement (SPA) between Petroandina Resources Corporation N.V. (Petroandina), Pluspetrol Resources Corporation B.V. (Pluspetrol), Harvest and HNR […]
Venezuela Sees US shale Boom As Bonus
(Reuters, Dmitry Zhdannikov, 16.Jun.2014) â Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas […]
Fact Sheet: Harvest Natural Resources And PetroDelta
(Harvest Natural Resources, 1.Jan.2014) â Venezuela is the largest province of proved oil reserves in the Western Hemisphere, with 297.6 billion barrels of proved oil reserves at year-end 2011 (the […]
PDVSA Incorporates New Tankers into Fleet
(Energy Analytics Institute, Ian Silverman, 25.Oct.2013) â PDVSA President Rafael Ramirez speaks to reporters in Puerto la Cruz, Venezuela about introduction of news tankers into fleet. Highlights of the discussion […]
Ramirez Moving Forward with Energy Policy
(Energy Analytics Institute, Ian Silverman, 10.Oct.2013) â Venezuelan President Nicolas Maduro seems to be allowing Oil Minister Rafael Ramirez to take charge of moving forward with the country’s energy policy, […]
1St Venezuela-India Round-table in Caracas
(Energy Analytics Institute, Ian Silverman, 7.Oct.2013) â The 1st Business Round-table meetings between Venezuelan and Indian companies took place in Caracas from October 7-9, 2013. Highlights from the round-table follow: […]
Rafael Ramirez Speech in Caracas
(Energy Analytics Institute, Piero Stewart, 7.Oct.2013) â PDVSA President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez regarding shipments […]
Rafael Ramirez Speech in Puerto La Cruz
(Energy Analytics Institute, Piero Stewart, 4.Oct.2013) â Venezuela’s Oil Minister President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the discussion. Rafael Ramirez […]
LatAmNRG: Heard On The Street 3Q:13
(Energy Analytics Institute, 30.Sep.2013) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as such. The names of our […]
Venezuela Reactivates Fuel Exports to Colombia
(Energy Analytics Institute, Ian Silverman, 24.Sep.2013) â The Venezuelan government plans to reactivate a plan to supply Colombia with combustibles, according to Energy and Mining Minister Rafael Ramirez. The Venezuelan […]
Petronas Exits Carabobo Project in Venezuela
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) â Malaysia’s Petronas will exit the Petrocarabobo project in Venezuela’s Orinoco Heavy Oil Belt or Faja, according to Venezuela’s Oil Minister Rafael Ramirez. The […]
PetroPar Debt Will Not Be Forgiven
(Energy Analytics Institute, Ian Silverman, 10.Sep.2013) â PDVSA President Rafael Ramirez, who also serves as Venezuela’s Oil Minister, said that the debt owed to PDVSA by Petroleos de Paraguay (Petropar) […]
Q&A with PDVSA Refining Director Jesus Luongo
(Energy Analytics Institute, Piero Stewart, 9.Sep.2013) â PDVSA Refining Director Jesus Luongo spoke briefly with Energy Analytics Institute on the sideline of a press conference in Caracas, Venezuela. What follows […]
PDVSA Flatboat Overturns, Sinks in Zulia
(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) â PDVSA announced a flatboat with 20 workers overturned and sank in Lagunillas in Zulia state. All the workers were rescued, reported the daily […]
Venezuelaâs Merentes Comments on OPEC
(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) â Venezuela’s Finance Minister Nelsen Merentes comments on Venezuelan state television or VTV. “OPEC production restrictions limit growth of Venezuela’s petroleum sector GDP as […]
Ramirez Talks PDVSA on âJose Vicente Hoyâ
(Energy Analytics Institute, Piero Stewart, 8.Sep.2013) â Venezuelan Oil Minister Rafael Ramirez comments on the oil worker’s strike in 2002-2003 against PDVSA. “Venezuelan opposition has spent 10-years saying PDVSA would […]
Eni CEO comments on Perla
(Energy Analytics Institute, Ian Silverman, 28.Aug.2013) â Eni Chief Executive Officer Paolo Scaroni comments during a special event at PDVSAâs headquarters in Caracas, Venezuela about his company’s participation in activities […]
Venezuela, Trinidad Meet Over Border Gas
(Energy Analytics Institute, Ian Silverman, 26.Aug.2013) â Venezuelan Oil Minister Rafael Ramirez met with his counterpart from Trinidad and Tobago, Kevin Ramnarine in Caracas to discuss a development plan for […]
PDVSA initiates production at Dragon gas field
CARACAS, VENEZUELA (By Pietro D. Pitts, Energy Analytics Institute, 25.Aug.2013, Words: 650) â Development of the offshore fields Dragon, Patao, Mejillones and Rio Caribe located in the Northern Paria Peninsula […]
PDVSA President Comments on Citgo
(Energy Analytics Institute, Ian Silverman, 25.Aug.2013) â During a trip with reporters in Guiria, PDVSA President Rafael Ramirez commented about the company’s CITGO Corporation refineries in the USA: “PDVSA’s USA […]
Oil Analyst Speak at IESA Energy Forum
(Energy Analytics Institute, Piero Stewart, 20.Aug.2013) â Energy sector analyst from Medley to Harvard Kennedy spoke at an energy forum at IESA in Caracas. Quote highlights from the forum follow: […]
Rosneft and PDVSA Evaluate Gas Projects
(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) â Rosneft and PDVSA are reviewing plans to extract gas in Sucre state and in the Gulf of Venezuela, according to a PDVSA official. […]
Venezuela Inaugurates Nororiental Gas Pipeline
(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) â Venezuela inaugurated the first part of the Northeastern Gas Pipeline in Jefe Jose Francisco Bermudez. The pipeline extends from Barbacoa in Anzoategui state […]
Rosneft to Use Russian Technology at PetroMonagas
(Energy Analytics Institute, Ian Silverman, 14.Aug.2013) â Rosneft President Igor Sechon said his company would utilize Russian technology at the Petromonagas heavy oil project to increase production to 160,000 b/d […]
Rosneft, PDVSA Agree to Create PetroVictoria
(Energy Analytics Institute, Ian Silverman, 14.Aug.2013) â PDVSA and Russia’s Rosneft signed an agreement to create the JV company Petrovictoria, which will operate Carabobo Block 2 in Anzoategui and Monagas […]
Amuay Explosion in 2012 Cost PDVSA $1.8 Bln
(Energy Analytics Institute, Ian Silverman, 13.Aug.2013) â The Energy Orientation Center (COENER) announced the Amuay refinery explosion will cost PDVSA $1.8 billion. The explosion at the Amuay refinery was caused […]
Q&A with Oil Outlook President Carl Larry
(Energy Analytics Institute, Pietro D. Pitts, 9.Aug.2013) â Oil Outlook President Carl Larry spoke with Energy Analytics Institute in a brief interview from Houston, Texas. What follows are excerpts from […]
Q&A with Chevron LatAmâs Susana Brugada
(Energy Analytics Institute, Pietro D. Pitts, 7.Aug.2013) â Chevron Latin America Business Unit Public Affairs and Communications Coordinator Susana Brugada spoke with Energy Analytics Institute in a brief interview from […]
Journalist round table with PDVSA head Rafael Ramirez about the Faja, FONDEN, and more
CARACAS, VENEZUELA (By Pietro D. Pitts, Energy Analytics Institute, 31.Jul.2013, Words: 1999) â PDVSA President Rafael Ramirez held a small round table with journalist in Caracas, Venezuela. What follows are […]