(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 23 December 2020, informs the beginning of the non-binding phase regarding the sale of […]
Petrobras Says Fuel Prices Aligned To Import Parity
(Petrobras, 5.Feb.2021) — Petrobras, regarding the news published in the media about fuel prices, clarifies that it practices prices aligned to the import parity. In […]
Petrobras Finalizes Sale Of Uruguayan Assets
(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 2 October 2020, informs that its indirect subsidiary Petrobras Uruguay Sociedad Anónima de Inversión […]
PetroEcuador Starts Work On Two SOTE Variants
(Energy Analytics Institute, 5.Feb.2021) — EP PetroEcuador has commenced preventive work to protect the integrity of the Trans-Ecuadorian Pipeline System (SOTE) with construction of two […]
Solaris To Start Trading On Toronto Stock Exchange
(Solaris Resources, 5.Feb.2021) — Solaris Resources Inc. announced its common shares have been approved for listing on the Toronto Stock Exchange (TSX) and will commence […]
Bloomberg To Serve As UN Special Envoy For Climate
(Bloomberg Philanthropies, 5.Feb.2021) — Today, United Nations Secretary-General António Guterres announced the appointment of Michael R. Bloomberg as his Special Envoy for Climate Ambition and […]
Bolsonaro To Discuss Diesel Price With Petrobras Head
(Reuters, 4.Feb.2021) — Brazilian President Jair Bolsonaro said he will meet on Friday with his Cabinet and the head of state-run oil company Petrobras to […]
ANP Notifies Petrobras And BR Of Investigation
(Energy Analytics Institute, 4.Feb.2021) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels or ANP notified BR Distribuidora on 3 February 2021 and Petrobras […]
CNOOC Reveals 2021 Business Strategy
(CNOOC, 4.Feb.2021) — CNOOC Limited announced its business strategy and development plan for the year 2021. In the extremely challenging year of 2020, under the […]
Total Joins In On Zero Carbon Shipping
(Total, 4.Feb.2021) — Total joins today the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a strategic partner and accelerates its R&D program for […]
Nigerian Court Issues Arrest Warrant ExxonMobil Head
(Reuters, 3.Feb.2021) — A federal court in Abuja has signed off on a warrant to arrest the head of oil major ExxonMobil in Nigeria to […]
Lightsource bp Eyes Construction Of Project Lara
(Energy Analytics Institute, 3.Feb.2021) — Lightsource bp continues to advance two solar farm projects, collectively known as Project Lara, in Trinidad and Tobago and with […]
Citgo Proposes Senior Secured Notes Offering
(Citgo, 3.Feb.2021) — Citgo Petroleum Corporation has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, $650mn […]
Day 3: Energy Efficiency And Renewables Event Trinidad
(Energy Analytics Institute, 3.Feb.2021) — The Energy Efficiency and Renewables Conference 2021 hosted by the Energy Chamber of Trinidad and Tobago was broadcast virtually from […]
Fitch Rates Citgo’s Secured 2026 Notes ‘BB’/’RR1’
(Fitch, 3.Feb.2021) — Fitch Ratings has assigned a ‘BB’/’RR1’ to CITGO Petroleum Corporation’s (Opco) $650mn senior secured 2026 notes. Proceeds from the notes, along with […]
Albemarle Prices Public Common Stock Offering
(Albemarle Corp., 3.Feb.2021) — Albemarle Corporation, a leader in the global specialty chemicals industry, today announced the pricing of a previously announced underwritten public offering […]
Taiwan To Open Office In Guyana
(Energy Analytics Institute, 3.Feb.2021) — Taiwan announced plans to establish an office in emerging petro-state Guyana, according to details revealed by the US Embassy in […]
Braskem Launches First Int’l Shipment From Charleston
(Braskem 3.Feb.2021) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the first international shipment […]
Vaca Muerta Now Producing At Record Levels
(Rystad, 3.Feb.2021) — The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s […]
Citgo’s Going-Concern Value Approximately $5.78bn
(Energy Analytics Institute, 3.Feb.2021) — Houston-based refiner Citgo Petroleum’s going-concern value is approximately $5.78 billion, according to a recent analysis by Fitch Ratings. The value […]
Day 2: Energy Efficiency And Renewables Event Trinidad
(Energy Analytics Institute, 2.Feb.2021) — The Energy Efficiency and Renewables Conference 2021 hosted by the Energy Chamber of Trinidad and Tobago was broadcast virtually from […]
Exxon Mobil’s CEO Darren Woods On 4Q:20 Results
(Seeking Alpha, 2.Feb.2021) — Exxon Mobil Corporation 4Q:20 earnings conference call from 2 February 2021. Company Participants Stephen Littleton – Vice President, Investor Relations and […]
Brazil’s Production Reaches 3.525 MMboe/d In Dec. 2020
(Energy Analytics Institute, 2.Feb.2021) — Brazil’s production of both crude oil and natural gas reached 3.525 million barrels of oil equivalent per day (MMboe/d) in […]
Letter Of Support For YPF Exchange Offer For 2021
(YPF, 2.Feb.2021) — On 7 January 2021, YPF S.A. launched exchange offers in respect of all seven series of its notes (collectively, the “Exchange Offer”). […]
ExxonMobil Reports 4Q:20 Results, Talks Forward Plans
(Exxon, 2.Feb.2021) — Exxon Mobil Corporation today announced an estimated fourth quarter 2020 loss of $20.1bn, or $4.70 per share assuming dilution. Fourth quarter capital […]
Argentina’s Escobar Terminal To Reopen
(S&P Global Platts, 1.Feb.2021) — A federal judge in Argentina has lifted a more than three-month suspension of the country’s only floating storage and regasification […]
Day 1: Energy Efficiency And Renewables Event Trinidad
(Energy Analytics Institute, 1.Feb.2021) — The Energy Efficiency and Renewables Conference 2021 hosted by the Energy Chamber of Trinidad and Tobago was broadcast virtually from […]
Petrobras Receives Proposals For Urucu Cluster
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 7 December 2020, informs it has received binding proposals for the sale of its […]
No Bids By Petrobras For Renting Of LNG Terminal
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 1 October 2020, informs that the bidding process started on 3 August 2020 was […]
Sempra On Fortune’s ‘Most Admired Companies’ List
(Sempra, 1.Feb.2021) — Sempra Energy has again been named one of the “World’s Most Admired Companies” for 2021 by Fortune Magazine. This marks the 11th year […]
Petrobras Chief Governance Officer Leaving In March
(Petrobras, 1.Feb.2021) — Petrobras informs that the Chief Governance and Compliance Officer, Marcelo Zenkner, has notified his intention to not renew his mandate, which will […]
Petrobras Inks Deal To Divest Espírito Santo Assets
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 5 August 2019, informs it has signed with the companies OP Energia Ltda. and […]
bp’s Claire Fitzpatrick At Energy Efficiency Event 2021
(bp, 2.Feb.2021) — bp’s Trinidad and Tobago head Claire Fitzpatrick presented at the Energy Chamber’s Energy Efficiency and Renewables Conference 2021 in Port of Spain. […]
Guyana’s Gas-to-Shore Project Economically Viable
(DPI, 1.Feb.2021) — An analysis carried out by local Financial Analyst, Mr. Joel Bhagwandin, has found that the Government’s gas-to-shore project is financially viable. The […]
IMF: World Economic Outlook Update
(IMF, 31.Jan.2021) — The International Monetary Fund (IMF) expects policy support and vaccines for Covid-19 to lift economic activity worldwide. Policy Support and Vaccines Expected […]
Ecopetrol Eyes Two Promising Developments
(Energy Analytics Institute, 31.Jan.2021) — Colombia’s state oil and gas company Ecopetrol is eyeing two promising developments in Colombia that could utilize initial lessons learned […]
Review Of Economic, Financial Developments (Jan. 2021): Trinidad
(Energy Analytics Institute, 31.Jan.2021) — Key highlights from the January 2021 Economic Bulletin from the Central Bank of Trinidad & Tobago follow. — The COVID-19 […]
Argentine Finance Minister Seeks $44bn IMF Debt Deal
(Wall Street Journal, 30.Jan.2021) — With Argentina broke, Finance Minister Martín Guzmán is pushing for a deal by May with the International Monetary Fund to […]
Sugarcane Harvest At Risk In Venezuela’s Portuguesa State
(Energy Analytics Institute, 30.Jan.2021) — Venezuelan sugarcane growers in the country’s central Portuguesa state are at risk of losing the opportunity to harvest an estimated […]
PDVSA Ad Hoc Board Head Calls Citgo “Crown Jewel”
(Energy Analytics Institute, 29.Jan.2021) — The president of the Ad Hoc Board of Petróleos de Venezuela (PDVSA) called US-based refiner Citgo Petroleum the “crown jewel” […]
Chevron Reports 4Q:20 Results [PDF DOWNLOAD]
(Chevron, 29.Jan.2021) — Chevron Corporation reported a loss of $665mn ($(0.33)/share – diluted) for fourth quarter 2020, compared with a loss of $6.6bn ($(3.51)/share – […]
EOG Schedules 4Q:20 Conference Call , Webcast
(EOG, 29.Jan.2021) — EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2020 results on Friday, […]
Moody’s Assigns Caa3 Rating To YPF’s Proposed Notes
(Moody’s, 29.Jan.2021) — Moody’s Investors Service assigned a Caa3 rating to YPF Sociedad Anónima’s (YPF) proposed senior secured notes due 2026 and senior unsecured notes […]
Petrobras Finds Oil At Campos Basin Urissanê Well
(Petrobras, 29.Jan.2021) — Petrobras informs that has identified the presence of hydrocarbon in the wildcat well of block C-M-411, located in the pre-salt of the […]
OPEC+, Covid-19 and Energy Transition: 3 Themes in 2021
(WoodMac, 28.Jan.2021) — Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three […]
OPEC Fund Marks 45 Years Of Driving Development
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance […]
General Motors Plans To Be Carbon Neutral By 2040
(GM, 28.Jan.2021) — Today, GM announced that it plans to become carbon neutral in its global products and operations by 2040 and has committed to […]
Petrobras And Ecopetrol Bullish On 2021
(Argus, 28.Jan.2021) — Just as Covid-19 affected each Latin American country differently, so too is the outlook of each country’s future crude oil production and […]
Ecopetrol’s Bid For ISA Ratifies Govt Linkage
(Fitch Ratings, 28.Jan.2021) — Ecopetrol’s (BBB-/Negative) non-binding offer for the Colombian government’s 51.4% stake in Interconexion Electrica (ISA, BBB+/Negative) ratifies the company’s close linkage with […]
Ivan Duque Officially Opens Trina Solar Plant
(Trina, 27.Jan.2021) — The second phase of the Los Llanos photovoltaic power plant project developed and managed by Trina Solar in Colombia has been connected […]