(Rabble.ca, Brent Patterson, 26.Mar.2019) — Colombia could be on the cusp of a dangerous fracking boom that would release carbon pollution into the atmosphere, endanger drinking water, and violate Indigenous...
(Reuters, 25.Mar.2019) — Residents of a remote Amazonian region seized a small oil installation operated by Canadian energy company PetroTal Corp to demand electricity and other government services, an industry...
(Miami Herald, Nora Gamez Torres, 22.Mar.2019) — Cuba would have to spend nearly $2 billion a year to meet its domestic oil needs if Venezuela’s National Assembly and interim president...
(Reuters, Nidhi Verma and Marianna Parraga, 21.Mar.2019) — India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with...
(EOG, 20.Mar.2019) — EOG Resources, Inc. will host a conference call and webcast to discuss first quarter 2019 results on Friday, May 3, 2019, at 9 a.m. Central time (10...
(IHS Markit, Liquid Bulk Principal Analyst, Maritime & Trade, Fotios Katsoulas, 20.Mar.2019) — With most experts anticipating Venezuela’s output to further decline over the next couple of weeks, PDVSA, the...
(Energy Analytics Institute, Aaron Simonsky, 19.Mar.2019) — U.S. Energy Secretariat Rick Perry will soon travel to Argentina with a delegation of oil field service companies seeking business opportunities in the...
(Economic Times, Sanjeev Choudhary, 18.Mar.2019) — India is considering Venezuela’s proposal to use rupee for trade payments to protect the current oil import from the South American nation facing hardening...
(Eco Atlantic, 18.Mar.2019) — Eco (Atlantic) Oil & Gas Ltd. announce that Gustavson Associates LLC of Boulder Colorado has completed and delivered an updated NI 51-101 compliant Competent Persons Report...
(Energy Analytics Institute, Aaron Simonsky, 15.Mar.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui announced plans next week to meet with Chile’s President Sebastián Piñera, and Chile’s Energy Minister Susana Jiménez. The...
(Energy Analytics Institute, Ian Silverman, 14.Mar.2019) — Heard on the street and LatAmNRG briefs on PDVSA reporting a fire at three Petro San Félix storage tanks and Venezuela’s Manuel Quevedo...
(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...
(Braskem, 13.Mar.2019) — Braskem S.A. announced its results for 4Q18 and 2018. HIGHLIGHTS: Braskem - Consolidated: -- The company posted free cash flow of R$7,068 million, or 187% more than...
(S&P Global Platts, 12.Mar.2019) — The Luna shale formation could help Colombia to increase its recoverable oil reserves by up to 7 billion barrels and 10 Tcf of gas, Ecopetrol...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — ACP Colombia President Francisco Jose Lloreda Mera said the country continues to move forward with efforts to attract investors to help develop its...
(Bloomberg, Javier Blas, 11.Mar.2019) — OPEC officials are scheduled to meet for dinner with senior executives from North America’s booming shale oil industry on the sidelines of CERAWeek by IHS...
(Reuters, Lesley Wroughton, Luc Cohen, Marianna Parraga, 10.Mar.2019) — The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela...
(AP, Scott Smith and Sheyla Urdaneta, 6.Mar.2019) — Marin Mendez leaned a shoulder into his rusty Chevy Malibu, rolling it forward each time the line of cars inched closer to...
(Sigrid Kaag and Carlos Manuel Rodríguez, co-chairs of the NDC Partnership, 6.Mar.2019) — On March 8th, groups around the world will celebrate International Women’s Day, recognizing the achievements of women...
(Reuters, Marianna Parraga, 6.Mar.2019) — Plans by the German operator of a portion of the Venezuelan state oil company’s tanker fleet to return 10 vessels because of unpaid fees prompted...
(Stabroek News, 28.Feb.2019) — Speaking at an oil and gas forum on Tuesday in Houston, Texas, Minister of Public Infrastructure, David Patterson boasted of the numerous investment opportunities and called...
(S&P Global Platts, 28.Feb.2019) — Repsol expects output from around 10 of its new international plays to outweigh any possible declines from Libya and Venezuela and drive it towards its...
(Kaieteur News, Kiana Wilburg, 27.Feb.2019) — From all indications, it is quite clear that the Coalition Administration is still too focused on painting a rosy picture regarding the preparations for...
(Oilprice.com, Irina Slav, 27.Feb.2019) — Russian companies in Venezuela are not experiencing any problems resulting from the escalation in the political situation in the country and have not incurred any...
(S&P Global Platts, 27.Feb.2019) — Total expects to see its market-leading oil and gas production growth driven by rising deepwater volumes from Brazil and the Gulf of Mexico over the...
(Bloomberg, Lucia Kassai and Ezra Fieser, 27.Feb.2019) — U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers....
(Baker Institute, Mark P. Jones, 27.Feb.2019) — On March 10 the Argentine province of Neuquén will hold gubernatorial and legislative elections. Neuquén is home to the Vaca Muerta, one of...
(Nabors, 26.Feb.2019) — Nabors Industries Ltd. reported fourth quarter 2018 operating revenues of $782 million, compared to operating revenues of $779 million in the third quarter. Anthony G. Petrello, Nabors...
(Reuters, 26.Feb.2019) — Colombia on Tuesday failed to award 23 energy generation and commercialization contracts in its first renewable energy tender, because the results would have violated antitrust rules, the...
(Bloomberg, Lucia Kassai and Fabiola Zerpa , 26.Feb.2019) — Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output...
(Oilprice.com, Irina Slav, 26.Feb.2019) — More than eight million barrels of Venezuelan crude oil is sitting in tankers as U.S. sanctions are preventing the country from selling the commodity worth...
(Reuters, Marianna Parraga, 26.Feb.2019) — U.S. refiner Citgo Petroleum Corp is formally cutting ties with its parent, state-run oil firm Petroleos de Venezuela SA, to meet U.S. sanctions imposed on...
(BBC, Jack Goodman, 25.Feb.2019) — The United States has imposed tough sanctions on Venezuela’s oil industry to put pressure on President Nicolás Maduro to step down. Oil dominates Venezuela’s economy,...
(Sempra, 25.Feb.2019) — Sempra Energy announced that, in support of the company’s North American strategy, it will launch a formal process in March for the previously announced sale of its...
(Stabroek News, Marcelle Thomas, 24.Feb.2019) — ExxonMobil is expected to receive its permit from the Environmental Protection Agency (EPA) this week for its Liza Phase 2 operations in the Stabroek...
(Reuters, 23.Feb.2019) — Mexico’s Pemex produced 1.62 million barrels of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Friday,...
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 23.Feb.2019) — Argentina, Bolivia and Chile hold the largest lithium resources in the world and consequently in the Latin America and Caribbean...
(Citgo, 22.Feb.2019) — CITGO Petroleum Corporation confirmed its newly appointed Board of Directors, which held its first official meeting today, Friday, Feb. 22. The Board includes Luisa Palacios as Chairwoman,...
(Shale Support, 21.Feb.2019) — Shale Support, a provider of frac sand and logistical solutions to the oil and gas proppant market, has announced a strategic partnership with Fracht Group, an...
(Reuters, Gary McWilliams, 19.Feb.2019) — The U.S. Justice Department is investigating a former U.S.-based oil trader for Brazil’s Petrobras already charged in his home country with taking part in a...
(CNN, Matt Egan, 19.Feb.2019) — US sanctions on Venezuela’s national oil company have accelerated the unprecedented collapse of its oil output and set off a domino effect in the global...
(Energy Analytics Institute, Jared Yamin, 17.Feb.2019) — Houston-based Citgo Petroleum has three refineries located in the U.S. in Corpus Christi, Texas; Lake Charles, Louisiana; and Lemont, Illinois. What follows is...
(Reuters, 14.Feb.2019) — A federal judge in Houston ordered a former Venezuelan oil minister this week to pay the owners of a defunct Houston oil company $1.4 billion in damages...
(Exxon, 14.Feb.2019) — ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the company safely drilling its first...
(Canadian Solar, 14.Feb.2019) — Canadian Solar Inc. announced that its first solar power project of 68 MWp in Mexico started commercial operations in January 2019. The solar plant, located in...
(FT.com, John Paul Rathbone and Gideon Long, 13.Feb.2019) — Venezuela’s parallel, opposition government sought to take control of the country’s oil revenues from the regime of Nicolás Maduro by naming...
(S&P Global Platts, 13.Feb.2019) — Self-declared Venezuelan interim president Juan Guaido plans to appoint Luisa Palacios, an expert in emerging Latin American markets and international affairs, as president of state...
(IHS Markit Senior Editor Sergey Myakishev, 12.Feb.2019) — The controversy surrounding last year’s re-election of Nicolas Maduro as president of Venezuela came to a head in recent weeks, with continued...
(Caracas Capital Markets, 12.Feb.2019) — I have seen a lot of weird things in courts over the years, but this one is up there, writes Caracas Capital Markets, S.A. Managing...
(Argus, 11.Feb.2019) — India´s two leading refiners will continue to import Venezuelan crude but will no longer supply oil products to Venezuela´s state-owned PdV because of US sanctions, Indian downstream...
(Industrial Info, 11.Feb.2019) — Crude oil prices rose by a few dollars per barrel in the days after the U.S. imposed sanctions on Venezuela’s oil industry January 28. But those...
(AP, Alexandra Olson, 9.Feb.2019) — The U.S. and dozens of other countries may have declared that Nicolas Maduro is no longer the legitimate president of Venezuela, but that has not...
(Reuters, Corina Pons, Marianna Parraga, 9.Feb.2019) — Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at...
(Citgo, 9.Feb.2019) Houston-based Citgo Petroleum Corporation is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products. Citgo is owned by Citgo Holding, Inc., an...
(Energy Analytics Institute, Aaron Simonsky, 8.Feb.2019) — Heard on the street and LatAmNRG briefs on Moody’s saying changes to Argentina’s gas subsidy could affect investments, Tecpetrol Argentina’s plans to cut...
(S&P Global Platts, 8.Feb.2019) — US sanctions imposed on Venezuela’s state-owned PDVSA could further support an already tight high sulfur fuel oil market in Europe, sources said. The European fuel...
(Trinidad and Tobago Newsday, Richardson Dhalai, 7.Feb.2019) — TT energy companies are being encouraged to sign up for a chance to be a part of Guyana’s oil and gas exploration...
(Frontera, 7.Feb.2019) — Frontera Energy Corporation announces an investor day and corporate update, including developments related to the Parex farm-in agreement, executive appointment, hedging, and the Corcel arbitration and the...
(Reuters, 6.Feb.2019) — The United States has asked Brazil to consider lifting tariffs imposed on its ethanol exports and is hopeful of a positive outcome, a senior official at the...
(Petrobras, 6.Feb.2019) — Petrobras, in relation to the news published in the media about possible collective arbitration by an association of investors, clarifies that it has not been notified by...
(ExxonMobil, 6.Feb.2019) — The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in...
(Reuters, 5.Feb.2019) — The American government has slammed a major U.S. aid agency for lax oversight of renewable energy projects in Chile that stoked risks around the body’s roughly $900...
(GeoPark, 5.Feb.2019) — GeoPark Limited will report its 4Q:18 and year-end 2018 financial results on Wednesday, March 6, 2019 after market close. In conjunction with 4Q:18 results press release, GeoPark’s...
(Marla Dukharan, 4.Feb.2019) — The worst humanitarian crisis in Latin American history has for years been festering in our backyard, with spillovers both good and (mostly) bad for the Caribbean....
(Bloomberg, Jose Enrique Arrioja, Nick Wadhams, and Anna Edgerton, 4.Feb.2019) — Venezuela’s government-in-waiting intends to scrap requirements that state-owned oil giant PDVSA keep a controlling stake in joint ventures as...
(Wood Mackenzie, 2.Feb.2019) — The sanctions the US government has imposed against Venezuela aim to curb the Maduro government’s access to revenue from crude export. But impact could they have...
[caption id="attachment_6756" align="alignright" width="300"] Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 2.Feb.2019) — Nicolas Maduro, no longer recognized by the U.S., among numerous other countries worldwide as Venezuela’s president, announced...
(Hunt Oil, 2.Feb.2019) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) is part of the Camisea Consortium and holds a 25.2% interest in the License Contracts related...
(AP, 1.Feb.2019) — Chevron Corp. says its operations in Venezuela will continue normally for the “foreseeable future” despite newly imposed U.S. sanctions on Venezuelan state-owned oil company Petroleos de Venezuela...
(Fox Business, Brittany De Lea, 31.Jan.2019) — Venezuela’s opposition leader Juan Guaidó sits down with FOX Business’ Trish Regan to discuss the future of Venezuela and how long it will...
(LatinFinance, 31.Jan.2019) — LatinFinance unveiled its 2018 Deals of the Year Awards in New York on Thursday, at an exclusive awards dinner recognizing stand-out transactions and institutions in the capital...
(Canadian Solar, 31.Jan.2019) — Canadian Solar Inc. has secured a 295 million Brazilian reais (US$80 million) financing from Banco do Nordeste S.A. (BNB) for its 114 MWp Salgueiro solar power...
(Bristow, 31.Jan.2019) — Bristow Group Inc. provided a market outlook and comments on Brexit as well as selected regional perspectives. What follows are excerpts from Bristow’s quarter report for the...
(Reuters, 30.Jan.2019) — More than 24 hours after the United States announced large-scale sanctions on Venezuela’s nationally owned oil company, merchant trading firms and refiners were still deciphering what the...
(Petrobras, 30.Jan.2019) — Petrobras, following up to the Press Release of 09/27/2018, informs that, today, it paid the Commitment Assumption Agreement, made with the Federal Public Prosecutor’s Office (MPF) and...