(Energy Analytics Institute, 21.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina pondering its allocation of energy subsidies, Ecopetrol closing on […]
Ecopetrol closes ISA transaction
(Piero Stewart, Energy Analytics Institute, 20.Aug.2021) — Colombia’s state oil giant Ecopetrol S.A. announced on 20 Aug. 2021 that closing conditions set forth in the […]
Guyana, Suriname Eye Jointly Developments
(DPI, 19.Aug.2021) — Recognising the vast potential of Guyana and Suriname’s oil and gas sectors, their Excellencies Dr. Mohamed Irfaan Ali and Chandrikapersad Santokhi have […]
Oil Price Windfall A ‘Golden Opportunity’
(WoodMac, 19.Aug.2021) — Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources […]
LatAm Countries To Discuss Climate Actions
(Governmenf of Panama, 20.Aug.2021) — The Governments of Argentina, Barbados, Chile, Colombia, Costa Rica, the Dominican Republic and Panama will co-organize the “High-Level Dialogue on […]
Actis Sells Saavi Energia To Global Infrastrucutre Partners
(Global Infrastructure Partners, 20.Aug.2021) — Actis, a leading global investor in sustainable infrastructure jointly announces with Global Infrastructure Partners (GIP), a leading global independent infrastructure […]
Emerging Oil Nations Reject Climate Curbs On Exploration
(Reuters, 19.Aug.2021) — The world’s newest oil-producing nations grabbed the spotlight at this week’s Offshore Technology Conference with ambitious plans to tap oil and gas […]
Exxon’s Guyana Drilling ‘Poses Major Environmental Risk’
(The Guardian, 19.Aug.2021) — ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to […]
CNOOC Reports Significant Earnings Increase
(CNOOC, 19.Aug.2021) — CNOOC Limited (SEHK: 00883,NYSE: CEO, TSX: CNU) announced its 2021 interim results for the six months ended 30 June 2021. In the […]
Sorcia Minerals Adds New Salar In Chile
(Sorcia, 19.Aug.2021) — Sorcia Chile SPA (Sorcia), a subsidiary of the US company, Sorcia Minerals LLC, reached a new agreement with RJR Salar, to expand […]
Brazil In Talks With Argentina for Gas Pipeline from Vaca Muerta
(Reuters, 19.Aug.2021) — Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair […]
Braskem Offering Back On The Table
(Bloomberg, 19.Aug.2021) — A public equity offering is again emerging as a possible exit strategy for the controlling shareholders in one of the world’s top […]
Climate Change Behind BHP/Woodside Merger
(Trinidad and Tobago Newsday, 19.Aug.2021) — Two former ministers of energy are contending that climate-change policy is what would have driven the merger between the […]
Guyana, Suriname Reveal Joint Gas Development Strategy
(S&P Global, 19.Aug.2021) — The presidents of Guyana and Suriname said Aug. 19 their countries will craft a joint strategy to develop their natural gas […]
PDVSA Cedes Stake In Refidomsa Refinery
(Reuters, 19.Aug.2021) — Venezuelan state oil company PDVSA has given up its 49% stake in a Dominican refinery as part of a swap for some […]
S&P Maintains Ecopetrol Rating At BB+
(Ecopetrol, 18.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE; EC) announced that the risk rating agency Standard & Poor’s maintained the international long-term rating of Ecopetrol […]
Guyana, Suriname Eye Further Drilling
(Reuters, 18.Aug.2021) — Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a […]
Jagdeo: Developed Countries Must Help In Climate Fight
(DPI, 18.Aug.2021) — Vice President Dr. Bharrat Jagdeo MP, has issued a clarion call for developed countries to pull their weight in the fight against […]
Guyana Eyes Oil Developments, Rising Per Capita Income
(Energy Analytics Institute, 17.Aug.2021) — Guyana’s Vice President Bharrat Jagdeo took part in the Offshore Technology Conference (OTC) held in Houston between 16-19 August 2021. […]
Guyana Seeks Higher Royalties
(Reuters, 17.Aug.2021) — Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future […]
Shale Oil Investments May Be Protected From Nationalization
(Baker Institute, 17.Aug.2021) — Shale oil’s short-cycle production protects foreign investors from the risk of expropriation — government taking private property for public use — […]
Citgo Returns To Profitability
(Citgo, 16.Aug.2021) — Citgo Petroleum Corporation reported its second quarter 2021 performance results, including net income of $3mn, EBITDA1 of $214mn and adjusted EBITDA2 of $208mn, […]
Orvana Reports El Valle Plant Stoppage
(Orvana, 16.Aug.2021) — Orvana Minerals Corp. (TSX: ORV) announces that a rock fall has occurred at a legacy open pit wall at El Valle. The […]
Ecopetrol Gets Go Ahead For $4bn Loan For ISA Acquisition
(Ecopetrol, 16.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that by means of Resolution 1928 of 13 August 2021, the Ministry of Finance and Public […]
Cox Energy Establishes IR Vice Presidency Office
(Cox Energy, 16.Aug.2021) — Cox Energy América, S.A.B. DE C.V. (BIVA: COXA *, BMV: COXA *), the region’s only listed pure play photovoltaic renewable solar […]
Guyana-Suriname Basin OTC2021 Technical Panel Summary
(Energy Analytics Institute, 16.Aug.2021) — Executives with ExxonMobil provided technical details of the company’s initial, current and planned activities in Guyana. What follows are excerpts […]
Guyana Contingent Attends #OTC2021
(DPI, 16.Aug.2021) — This is Guyana’s second time participating at this international conference in Houston, Texas. The Government of Guyana through GO-Invest, is collaborating with […]
LatAm Briefs: YPF Debt, Petrobras Taxes
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the […]
Sempra Launches Offer For Remaining IEnova Shares
(Sempra, 12.Aug.2021) — Sempra (NYSE: SRE) (BMV: SRE) announced that it has launched a tender offer to purchase for cash the 3.6% of the outstanding […]
MPC Energy Starts Construction Of PV Plant In Colombia
(MPC Energy, 12.Aug.2021) — MPC Energy Solutions (MPCES) and Akuo Energy commenced construction of Parque Solar Planeta Rica, a solar photovoltaic (PV) project in Colombia. […]
The Energy Basket: A Non-Binary Approach to the Energy Transitions
(The Way Ahead, Fernando C. Hernandez, 12.Aug.2021) — I became a proponent of the energy basket concept, while deployed offshore, as it became apparent that […]
Venezuela Negotiations By Eric Farnsworth
(AS/COA, 12.Aug.2021) — A new round of negotiations is set to start on Friday, August 13, in Mexico between representatives of the de facto regime of Nicolás Maduro and the interim administration […]
Pemex Halts Drilling At Valeriana
(By Platts, Sheky Espejo, 12.Aug.2021) — Mexico’s state oil company Pemex has stopped drilling Valeriana 1, a high-temperature high-pressure appraisal well located in the state […]
Guyana Creating New Authority For Oil Sector
(Argus, 12.Aug.2021) — Guyana plans to create a new authority by the end of 2021 to regulate its growing hydrocarbon revenues and allow orderly and […]
Ecopetrol To Pay $3.7bn For ISA Stake
(Ecopetrol, 11.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that on 11 August 2021, it signed the Inter-administrative Share Purchase Agreement with the Colombian Ministry […]
Now Activists Want BHP To Keep Its Fossil Fuels
(Bloomberg, 11.Aug.2021) — BHP Group, the world’s top miner, should abandon plans for multi-billion dollar sales of fossil fuels assets and instead responsibly close down the […]
Oceaneering Inks Survey Deal With EEPGL
(Oceaneering, 10.Aug.2021) — Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited (EEPGL) to provide two surveys offshore Guyana. The […]
T&T’s Plastic Waste Twice Int’l Average
(Trinidad Express, 10.Aug.2021) — Improper waste disposal may be one of the reasons for the major flooding that wreaked havoc in north-west Trinidad and Tobago […]
Venezuela’s Opposition Targets ‘Narrow’ Chance To Tame Maduro
(By Ft, Michael Stott, 10.Aug.2021) — Once Venezuela’s most famous political prisoner, he is best known for escaping from house arrest and appearing outside a […]
Should NGC Buy Train 1?
(Trinidad Express, 10.Aug.2021) — In its 2021 annual report, the T&T Government’s investment holdings company, National Enterprises Ltd (NEL) states that “the full impairment of […]
Citgo Names Mark Holstein New General Counsel
(Citgo, 10.Aug.2021) — Citgo Petroleum Corporation announced the appointment of Mark Holstein as the company’s new General Counsel, overseeing all aspects of the company’s legal […]
Guyana Opts Against LT Supply Deal With India
(Reuters, 10.Aug.2021) — Guyana’s Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian […]
LatAmBriefs: TGI Eyes Buenaventura LNG Import Project
(Energy Analytics Institute, 9.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina fining Edesur and Edenor; Transportadora de Gas Internacional (TGI) […]
María Corina Machado Talks About Democratic Regression
(Fundación Libertad y Desarrollo, 9.Aug.2021) — The president of Fundación Libertad y Desarrollo, Dionisio Gutiérrez, spoke with the leader of the Venezuelan opposition and National […]
Alarm Over Spill Into The Gulf Of Paria
(Trinidad Express, 9.Aug.2021) — The Environmental Management Authority and Paria Fuel Trading Company Ltd yesterday confirmed an oil spill in the Gulf of Paria. Fishermen […]
Colombia To Leverage Coal, Gas For Blue H2 By 2030
(Argus, 9.Aug.2021) — Colombia has issued a draft roadmap for hydrogen development that would start by leveraging the country’s coal and natural gas resources for […]
Guyana Receives Payment For 7th Oil Lift
(MNR, 9.Aug.2021) — In keeping with the current administration’s commitment to transparency and accountability within the Petroleum Sector, the Government Guyana through the Ministry of […]
Three Studies That Made The Difference
(Stabroek News, 8.Aug.2021) — To recap, this long-running series of Sunday Stabroek columns focusing on Guyana’s emergent oil and gas sector commenced just four months […]
Former Trinidad Oil Minister Ramnarine Comments On S&P Downgrade
(Energy Analytics Institute, 6.Aug.2021) — Trinidad and Tobago’s former energy minister Kevin Ramnarine commented on the recent downgrade by Standard and Poor’s rating agency. What […]
LatAm Briefs: Raizen IPO, Bolivian Gas
(Energy Analytics Institute, 5.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s YPF Sociedad Anónima repurchasing Class XII Notes, YPFB and […]