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Category: North America

North America energy

Guyana Latin America and the Caribbean USA

ExxonMobil Announces Seventh Oil Discovery Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)28 February 201815 June 2018
(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,...
Power Auction Victory Promises A Change In Power
Brazil Latin America and the Caribbean North America USA

Power Auction Victory Promises A Change In Power

ENERGY ANALYTICS INSTITUTE (EAI)14 February 201812 January 2020
(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....
Canada Europe Guyana Latin America and the Caribbean North America

Total Enters Prolific Guyana Basin With Three Licences

ENERGY ANALYTICS INSTITUTE (EAI)5 February 201818 August 2019
(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...
Guyana Latin America and the Caribbean USA

ExxonMobil Announces Sixth Oil Discovery Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)5 January 20181 September 2018
(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...
Guyana Latin America and the Caribbean USA

ExxonMobil Announces Fifth Discovery Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)5 October 20171 September 2018
(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...
Latin America and the Caribbean Mexico North America USA

Open Season Fees, Delays Puzzle Mexico’s Investors

ENERGY ANALYTICS INSTITUTE (EAI)11 August 201718 June 2019
(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,...
Guyana Latin America and the Caribbean USA

ExxonMobil Announces Successful Payara-2 Well Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)25 July 20171 September 2018
(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....
Guyana Latin America and the Caribbean Suriname USA

ExxonMobil Acquires Interest in Acreage Offshore Suriname

ENERGY ANALYTICS INSTITUTE (EAI)13 July 20171 September 2018
(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...
Guyana Latin America and the Caribbean USA

ExxonMobil Makes Final Decision Regarding Liza Development

ENERGY ANALYTICS INSTITUTE (EAI)16 June 20171 September 2018
(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...
Latin America and the Caribbean USA

PDVSA Participates in OTC 2017 in Houston

ENERGY ANALYTICS INSTITUTE (EAI)13 May 20174 July 2018
(Energy Analytics Institute, Aaron Simonsky, 13.May.2017) – PDVSA participated in the Offshore Technology Conference held in Houston, Texas from 1-4.May.2017. PDVSA Gas Vice President César Triana headed a sizable contingent,...
Guyana Latin America and the Caribbean North America USA

ExxonMobil: About Guyana

ENERGY ANALYTICS INSTITUTE (EAI)20 February 201722 April 2019
(Exxon, 20.Feb.2017) — Located on the northern mainland of South America, Guyana is bordered by the Atlantic Ocean to the north, Brazil to the south, Suriname to the east and...
Latin America and the Caribbean USA

Trump Nationalism Scares LAC Exporters

ENERGY ANALYTICS INSTITUTE (EAI)27 January 20173 July 2018
(Energy Analytics Institute, Pietro D. Pitts, 27.Jan.2017) – Taiwan’s president got the call, Mexico’s president will get a wall. At least, that’s what U.S. President Donald Trump is proclaiming. From...
Asia Europe Latin America and the Caribbean North America Trinidad and Tobago USA Venezuela

The Gas Supply Challenge: Falling Off Mt Trinidad

ENERGY ANALYTICS INSTITUTE (EAI)24 January 201714 January 2019
(T&T Energy Chamber, 24.Jan.2017) — Globally respected consulting firm, Rystad Energy were recently commissioned by the Energy Chamber to conduct a study into the competitiveness of the Trinidad & Tobago...
Colombia Cuba Latin America and the Caribbean USA Venezuela

Mange Infested Dog Roams PDVSA’s Paraguana Refining Complex

ENERGY ANALYTICS INSTITUTE (EAI)14 September 201610 March 2019
[caption id="attachment_564" align="alignnone" width="1088"] Amuay refinery in Venezuela. Source: Pietro D. Pitts[/caption] (Energy Analytics Institute, Pietro D. Pitts, 14.Sep.2016) – On a brief taxi ride from Punto Fijo’s Josefa Camejo...
Latin America and the Caribbean USA Venezuela

Maduro Holds Meeting with Citizens’ Joseph Kennedy

ENERGY ANALYTICS INSTITUTE (EAI)2 July 201619 August 2018
(Energy Analytics Institute, Piero Stewart, 2.Jul.2016) – Venezuela's President Nicolas Maduro held a meeting with Citizens Energy Corporation founder Joseph Kennedy in Caracas to discuss matters related to the U.S.-based...
Latin America and the Caribbean USA Venezuela

President Obama Insists Venezuela Respect Democratic Process

ENERGY ANALYTICS INSTITUTE (EAI)25 June 201619 August 2018
(Energy Analytics Institute, Jared Yamin, 25.Jun.2016) – U.S. President Barack Obama insists the Venezuelan government respect the democratic process regarding calls for a recall referendum against Venezuelan President Nicolas Maduro,...
Latin America and the Caribbean USA Venezuela

ExxonMobil Sells Share of Chalmette Refining, LLC in Louisiana

ENERGY ANALYTICS INSTITUTE (EAI)16 June 201615 June 2018
(Exxon Mobil, 18.Jun.2016) – Exxon Mobil Corporation has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in...
Brazil Latin America and the Caribbean USA

Petrobras Class Action in the United States

ENERGY ANALYTICS INSTITUTE (EAI)15 June 201619 August 2018
(Petrobras, 15.Jun.2016) – Petrobras informed the United States Court of Appeals for the Second Circuit issued an order granting Petrobras’s petition to permit an appeal from the order of the...
Colombia Latin America and the Caribbean USA

Ecopetrol Successfully Prices Int’l Bond for $500 Mln

ENERGY ANALYTICS INSTITUTE (EAI)10 June 201618 July 2018
(Ecopetrol S.A. 10.Jun.2016) – Ecopetrol S.A. reports that, on June 8, 2016, based on the authorization granted by the Ministry of Finance and Public Credit (Resolution 1657 of June 7,...
Latin America and the Caribbean USA Venezuela

Harvest Natural Resources Announces 1Q:16 Results

ENERGY ANALYTICS INSTITUTE (EAI)17 May 20161 September 2018
(Harvest Natural Resources, Inc., 17.May.2016) — Harvest Natural Resources, Inc. announced 2016 first quarter earnings and provided an operational update. Harvest reported a first quarter net loss of approximately $14.1...
Latin America and the Caribbean USA Venezuela

Harvest Receives Continued Notice Listing From NYSE

ENERGY ANALYTICS INSTITUTE (EAI)29 April 20161 September 2018
(Harvest Natural Resources, Inc., 29.Apr.2016) — Harvest Natural Resources, Inc. announced that, on April 25, 2016, the New York Stock Exchange (NYSE) notified the company that it had fallen below...
Latin America and the Caribbean USA

Finance Ministry, Pemex Meet With Investors

ENERGY ANALYTICS INSTITUTE (EAI)19 April 201617 July 2018
(Pemex, 19.Apr.2016) – The Minister of Finance and Public Credit, Luis Videgaray, and the Pemex CEO José Antonio González Anaya, met in New York with investors, analysts, and executives of...
Brazil Latin America and the Caribbean USA

Petrobras OTC 2015: Offshore Video

ENERGY ANALYTICS INSTITUTE (EAI)30 October 20151 September 2018
(Energy Analytics Institute, Jared Yamin, 30.Oct.2015) – Brazil’s state oil entity Petrobras discusses its challenges in the pre-salt during the Offshore Technology Conference in Houston, Texas. https://youtu.be/dJMlsTw2BU4  
Latin America and the Caribbean USA

Venezuela’s Torres Corrected During NY Meetings

ENERGY ANALYTICS INSTITUTE (EAI)8 October 201510 July 2018
(Energy Analytics Institute, Piero Stewart, 8.Oct.2015) – Rumors have it that Venezuela's Finance Minister Rodolfo Marco Torres had to be corrected on a number of occasions while talking about the...
Latin America and the Caribbean USA

More Countries Hold Recoverable Shale Gas

ENERGY ANALYTICS INSTITUTE (EAI)25 September 201510 July 2018
(EIA, 25.Sep.2015) – The amount of unproved technically recoverable shale natural gas around the world has reached 7,576 Tcf, higher than previously estimated, according to a survey by the U.S.-based...
Latin America and the Caribbean USA

PBF to Close Chalmette Deal by YE:15

ENERGY ANALYTICS INSTITUTE (EAI)30 July 20159 July 2018
(PBF Energy, 30.Jul.2015) – On 18.Jun.2015, PBF announced that its subsidiary signed a definitive agreement to purchase Chalmette Refining, LLC, consisting of the 189 Mb/d Chalmette Refinery and related logistics...
Latin America and the Caribbean USA

Petrobras Updates on NY Lawsuit

ENERGY ANALYTICS INSTITUTE (EAI)25 June 20158 July 2018
(Petrobras, 25.Jun.2015) – Petrobras announced that on 25.Jun.2015, a hearing was held before the federal court in New York regarding the motion to dismiss presented by Petrobras in the class...
Latin America and the Caribbean USA

Moody’s Changes PBF Rating Outlook

ENERGY ANALYTICS INSTITUTE (EAI)22 June 20158 July 2018
(Moody's, 22.Jun.2015) – Moody's Investors Service changed PBF Holding Company LLC's rating outlook to positive from stable. Moody's also affirmed PBF's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default...
Latin America and the Caribbean USA

Harvest Enters Relationship with CT Energy

ENERGY ANALYTICS INSTITUTE (EAI)19 June 20159 July 2018
(Harvest Natural Resources, Inc., 19.Jun.2015) – On 19.Jun.2015, Harvest Natural Resources, Inc. entered into a strategic relationship with CT Energy and CT Energia Holding, Ltd., an international energy trading firm,...
Latin America and the Caribbean USA

ExxonMobil Sells Share of Chalmette Refinery in Louisiana

ENERGY ANALYTICS INSTITUTE (EAI)18 June 20154 November 2022
(Exxon Mobil Corporation, 18.Jun.2015) – ExxonMobil reached an agreement with PBF Energy Inc. for the sale and purchase of its 50% interest in Chalmette Refining, LLC in Chalmette, Louisiana. Long...
Latin America and the Caribbean USA

LNG Projects Nixed Amid Low Oil

ENERGY ANALYTICS INSTITUTE (EAI)8 April 20158 July 2018
(Moody's, 7.Apr.2015) – LNG suppliers are curtailing their capital budgets, amid low oil prices and a coming glut of new LNG supply from Australia and the U.S.A., Moody's Investors Service...
Latin America and the Caribbean USA

USA Downplays Reducing Venezuela Oil Imports

ENERGY ANALYTICS INSTITUTE (EAI)13 March 20156 July 2018
(Energy Analytics Institute, Jared Yamin, 13.Mar.2015) – The United States is not contemplating applying any measures against Venezuela's petroleum sector, according to the daily newspaper El Universal, citing an U.S....
Latin America and the Caribbean USA

Petrobras Reports on Appointment of Plaintiff

ENERGY ANALYTICS INSTITUTE (EAI)6 March 20157 July 2018
(Petrobras, 6.Mar.2015) – Petrobras announces that on March 4, 2015, the presiding judge appointed Universities Superannuation Scheme, Ltd. as the lead plaintiff in the Class Action filed against Petrobras in...
Latin America and the Caribbean USA

Harvest Receives Listing Notice from NYSE

ENERGY ANALYTICS INSTITUTE (EAI)18 February 20157 July 2018
(Harvest Natural Resources, Inc., 18.Feb.2015) – Harvest Natural Resources, Inc. announced that on February 13, 2015, the company received notification from the New York Stock Exchange (NYSE) that it had...
Ecuador’s Interior Minister to Meet US Officials to Discuss Initiatives
Ecuador Latin America and the Caribbean North America USA

Ecuador’s Interior Minister to Meet US Officials to Discuss Initiatives

ENERGY ANALYTICS INSTITUTE (EAI)27 January 201510 January 2022

Source: MNRNR

Venezuela Sees US shale Boom As Bonus
Latin America and the Caribbean North America USA Venezuela

Venezuela Sees US shale Boom As Bonus

ENERGY ANALYTICS INSTITUTE (EAI)16 June 201430 November 2019
(Reuters, Dmitry Zhdannikov, 16.Jun.2014) — 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...
Argentina Bolivia Brazil Colombia Ecuador Latin America and the Caribbean Peru Trinidad and Tobago USA Venezuela

LatAmNRG: Heard On The Street 3Q:13

ENERGY ANALYTICS INSTITUTE (EAI)30 September 20136 March 2022
(Energy Analytics Institute, 30.Sep.2013) – 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...
Latin America and the Caribbean USA

Q&A with Tudor Pickering’s David Pursell

ENERGY ANALYTICS INSTITUTE (EAI)18 September 201314 July 2018
(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) – Tudor Pickering Holt & Co. LLC Managing Director David Pursell spoke with Energy Analytics Institute in a brief interview from Dallas, Texas....
Latin America and the Caribbean USA Venezuela

Q&A with Oil Outlook President Carl Larry

ENERGY ANALYTICS INSTITUTE (EAI)9 August 201314 July 2018
(Energy Analytics Institute, Pietro D. Pitts, 9.Aug.2013) – Oil Outlook President Carl Larry spoke with Energy Analytics Institute in a brief interview from Houston, Texas. What follows are excerpts from...
Latin America and the Caribbean USA

Citgo’s Garay Comments on PDVSA Imports

ENERGY ANALYTICS INSTITUTE (EAI)17 July 201315 July 2018
(Energy Analytics Institute, Piero Stewart, 17.Jun.2013) – The Public Affairs Manager with Houston-based Citgo Petroleum, Fernando Garay, comments via phone regarding declining imports of Venezuelan crude oil in the U.S....
Latin America and the Caribbean USA Venezuela

Q&A with Brookshire’s Gianna Bern

ENERGY ANALYTICS INSTITUTE (EAI)13 July 201314 July 2018
(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Brookshire Advisory and Research President Gianna Bern spoke with Energy Analytics Institute in a brief interview from Chicago, IL. What follows are...
Ecuador Latin America and the Caribbean USA

Ecuador Open Market Meetings in Houston

ENERGY ANALYTICS INSTITUTE (EAI)25 June 201316 July 2018
(Energy Analytics Institute, Ian Silverman, 25.Jun.2013) – PetroEcuador holds open market committee meetings in Houston, Texas. Highlights from the discussion follow: Comments from PetroEcuador International Commerce Executive Nilsen Arias: "Oil's...
Latin America and the Caribbean USA

Citgo’s Garay Comments on PDVSA Imports

ENERGY ANALYTICS INSTITUTE (EAI)17 June 201316 July 2018
(Energy Analytics Institute, Piero Stewart, 17.Jun.2013) – The Public Affairs Manager with Houston-based Citgo Petroleum, Fernando Garay, comments via phone regarding declining imports of Venezuelan crude oil in the U.S....

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Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

A Supercharged China Could Turn up the Heat on Global Commodities

Shell Takes FID at Dover in US Gulf of Mexico

Guyana Gov’t Releases Draft Model Petroleum Agreements [PDF Downloads]

Petrobras on Bahia Terra Production Stoppage

Interoil Releases Feb. 2023 Production Report

Petrobras Says No BOD Decision Regarding Bahia Terra Cluster Divestment

Citgo Offers to Purchase $407mn in Senior Notes

Venture Global Announces FID for Phase II of Plaquemines LNG facility

Energy Minister Meets with Shell Execs in Texas

Petrobras and Shell Ink MOU during CERAWeek

Citgo Reports 4Q:22 and YE:22 Results

T&T Energy Minister Holds Successful Talks at CERAWeek in Houston

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