Geronimo And Basin Electric Power Announce Deal

(Geronimo 18.Feb.2020) — Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced execution of a Power Purchase Agreement (PPA) for […]

Guaido Rubbing Elbows In Surprise Foreign Trip

(Argus, 20.Jan.2020) — The US government is hoping a high-profile international tour by Venezuelan opposition leader Juan Guaido will re-inject momentum into its protracted campaign […]

Citgo Announces Small Grants Program Winners

(Citgo, 24.Jan.2020) — The Simón Bolívar Foundation Inc. (SBF), a non-profit, private foundation of CITGO Petroleum Corporation, awarded seven grants totaling $100,000 to nonprofits that […]

US Says Maduro Rigging Coming Vote

(NYT, 20.Dec.2019) — At stake is control of the country’s National Assembly, which is controlled by the opposition leader Juan Guaidó, who has accused President […]

Bolivia, US Officials Discuss Hydrocarbon Sector

(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — A delegation accompanying US representative Bruce Williamson meet with Bolivia’s Hydrocarbon Minister Víctor Hugo Zamora to discuss possibilities […]

Total Advances Two Deepwater GOM Projects

(Total, 16.Dec.2019) — Total announces the final investment decision (FID) to develop the Anchor oil field. Additionally, front-end engineering and design (FEED) has begun for […]

S&P Releases 2020 Energy Outlook

(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy […]

Talos Announces GOM Acquisition

(Talos, 10.Dec.2019) — Talos Energy Inc. entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, […]

Barkindo Says US Sanctions On Venezuela Unhealthy

(Energy Analytics Institute, Piero Stewart, 10.Dec.2019) — OPEC Secretary General Mohammad Barkindo assured that unilateral sanctions imposed on member countries of the organization are unhealthy […]

Venezuela Releases ‘Citgo 6’

(Chron.com, Sergio Chapa, 9.Dec.2019) — Six executives of Houston refiner Citgo are out of a Venezuelan prison, according to a late Monday report by Reuters. […]

CITGO Reports 3Q Results

(Citgo, 6.Dec.2019) — Citgo Petroleum Corporation reported strong financial and operational performance as the Board of Directors reviewed with the Shareholder the company’s performance during […]

Petrobras Plans $34bn In Dividends

(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it […]

Petrobras Host Investor Day In NYC

(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York […]

OFAC Adds Six Vessels To List

(Piero Stewart, Energy Analytics Institute, 3.Dec.2019) — The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) add six vessels to its SDN […]

Invenergy Expands Via Deal With Colombia’s EPM

(Invenergy, 2. Dec.2019) — Invenergy executed a strategic partnership agreement with Empresas Publicas de Medellin (EPM), one of Colombia’s largest public electric utilities, to develop, […]

Rosneft Undermining US Plans In Venezuela?

(Atlantic Council, Matthew Bryza, 27.Nov.2019) — US President Donald Trump is conducting policies of “maximum pressure” on two countries, Venezuela and Iran. In Venezuela, Russia’s […]

Conoco Seeks Seizure Of Citgo Parent

(Reuters, 26.Nov.2019) — U.S. oil company ConocoPhillips on Tuesday filed a motion in a Delaware court seeking to seize shares in the parent of U.S. […]

Ecopetrol Targets Higher CAPEX In 2020

(Ecopetrol, 25.Nov.2019) — Ecopetrol S.A. reported that in 2020 the Ecopetrol Group (GE) plans to invest an expected US$4.5 to US$5.5 billion, 25% to 53% […]

Valaris Announces New Contract Awards

(Valaris, 25.Nov.2019) — Valaris plc announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet […]

BPC And Baker Hughes Seal Bahamas Deal

(Offshore Energy, 22.Nov.2019) — Bahamas Petroleum Company (BPC) has finalized an agreement with Baker Hughes for the provision of equipment for its first exploration well […]

Third Circuit Rejects Citgo Rehearing

(Argus, Elliott Blackburn, 21.Nov.2019) — Federal appeals court judges have denied Venezuela’s request to rehear a July decision upholding the pursuit of the country’s US […]

US Court Denies Citgo Rehearing

(S&P Global Platts, 21.Nov.2019) — A US appeals court Thursday denied Venezuela’s request for it to reconsider its ruling allowing a PDVSA creditor to go […]

Venezuela Opposition In Citgo Deal

(Reuters, 19.Nov.2019) — Venezuela’s opposition has reached a deal with the custodians of a bond issued by state oil company PDVSA to prevent bondholders from […]

Ecopetrol and Oxy Finalize Permian Deal

(Ecopetrol, 13.Nov.2019) — Ecopetrol S.A. completed the joint venture transaction announced on 31 Jul. 2019. Through this deal, the company and Occidental Petroleum Corp agreed […]

Clorox And Enel Green Power Ink Deal

(Clorox, 13.Nov.2019) — The Clorox Company and a wholly owned subsidiary of Enel Green Power North America signed a 12-year, 70 megawatt (MW) virtual power […]

Rosneft Grapples With Unsold Venezuelan Oil

(Michelle Wiese Bockmann, 12.Nov.2019) — Rosneft’s trading arm is vital to Venezuelan crude sales as Chinese refiners shun direct purchases since the US administration tightened […]

Ecopetrol Finds Oil In GOM Deep Waters

(Ecopetrol, 7.Nov.2019) — Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement […]