(Petrobras, 29.Dec.2020) — Petrobras informs that it received, as of today, the amount of R$232.6mn, as a result of a leniency agreement entered into between […]
Petrobras On Transpetro Share Capital Reduction
(Petrobras, 29.Dec.2020) — Petrobras informs that, as sole shareholder, it approved today the reduction of share capital of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), […]
Petrobras Starts Arbitration Against Odebrecht
(Petrobras, 28.Dec.2020) — Petrobras presented today a request for arbitration with an indemnity claim estimated at approximately R$800mn, against Odebrecht S.A., based on the shareholders’ […]
Guyana Gets Fourth Oil Lift
(Stabroek News, 28.Dec.2020) — At a price of close to US$49.50 per barrel of oil, Guyana has received its fourth one million barrels of oil […]
Perenco To Compensate Workers In Quarantine
(Trinidad and Tobago Newsday, 26.Dec.2020) — Perenco TT Ltd has assured that it has and will continues to fulfil its contractual obligations to its workforce, […]
Bolivia Finds 1+ Tcf At Boicobo Sur X-1 Well
(Energy Analytics Institute, 24.Dec.2020) — Bolivia announced discovery of more than 1 trillion cubic feet (Tcf) of natural gas at the Boicobo Sur X-1 well […]
![Colombian Officials On Ecopetrol And Shell Deal [VIDEO]](https://energy-analytics-institute.org/wp-content/uploads/2020/12/291338_1.jpg)
Colombian Officials On Ecopetrol And Shell Deal [VIDEO]
(Energy Analytics Institute, 24.Dec.2020) — Officials from Colombia’s National Hydrocarbon Agency (ANH) and Ministry of Mines commented on approval of assignment of a 50% interest […]
ANH Approves Deal Between Ecopetrol And Shell
(ANH, 24.Dec.2020) — The ANH approved the entry of Shell EP Offshore Ventures Limited, Colombian branch as operating partner of three Hydrocarbon Exploration and Production […]
SBM Offshore Extends Lease For FPSO Espirito Santo
(SBM Offshore N.V., 23.Dec.2020) — SBM Offshore reports a contractual lease extension for FPSO Espirito Santo in Brazil and expects a potential increase in the […]
Petrobras Inks Deal To Sell Onshore Fields In Bahia
(Petrobras, 23.Dec.2020) — Petrobras informs that it signed today with Petrorecôncavo S.A. a contract for the assignment of its entire stake in 12 onshore exploration […]
Entergy And Holtec Request Transfer Of Nuclear Plant
(Entergy, 23.Dec.2020) — Entergy Corporation and Holtec International, through their affiliates, jointly submitted a License Transfer Application today with the US Nuclear Regulatory Commission requesting […]
Trinidad Co. Shuts Offshore Platforms Over Covid-19
(Trinidad Guardian, 23.Dec.2020) — Perenco Trinidad and Tobago Limited yesterday shut down COVID-hit offshore platforms in its Teak, Samaan and Poui fields and transported all […]
Petrobras Concludes Redemption Of Global Notes
(Petrobras, 23.Dec.2020) — Petrobras, following up on the release disclosed on 18 December 2020, announced its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) concluded today […]
TransAlta Acquires 303 MW Portfolio TransAlta Corp.
(TransAlta, 23.Dec.2020) — TransAlta Renewables Inc. entered into definitive agreements for the acquisition of three assets from TransAlta Corporation (“TransAlta”) consisting of: — a 100% […]
Venezuela’s Oil Unions Accuse Govt Of Persecution
(AFP, 23.Dec.2020) — Venezuela’s vital oil industry is failing and the socialist government is feeling the pressure, and now the regime of President Nicolas Maduro […]
Petrobras Starts Bahia Terra Cluster Non-binding Phase
(Petrobras, 23.Dec.2020) — Petrobras, following up on the release disclosed on 4 November 2020, informs the beginning of the non-binding phase, referring to the sale […]
Petrobras On New Contracts With Braskem
(Petrobras, 22.Dec.2020) — Petrobras informs that it has signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the […]
Petrobras Confirms Oil At Buzios Well
(Petrobras, 22.Dec.2020) — Petrobras confirmed oil of excellent quality with the drilling of well 9-BUZ-48D-RJS, located in the extreme northwest of Búzios field in the […]
Petrobras Inks New Supply Deal With Braskem
(Petrobras, 22.Dec.2020) — Petrobras signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the state of São Paulo […]
AMLO’s Nationalism Casts Energy Projects Into Limbo
(Bloomberg, 22.Dec.2020) — Mexican President Andres Manuel Lopez Obrador’s hardball tactics against foreign energy companies are halting projects and reversing a process that until recently […]
Venezuela Resumes Direct Oil Shipments To China
(Reuters, 22.Dec.2020) — Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according […]
Guyana Plans To Export 5-6 Crude Cargoes In 2021
(Argus, 22.Dec.2020) — Guyana plans to export “five to six” 1mn bl cargoes of its crude entitlement from the deepwater Stabroek block in 2021 to […]
Pemex, Talos To Keep Talking Over Shared Oil Find
(Reuters, 22.Dec.2020) — Mexico’s energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based […]
BPC plc Spuds Perseverance #1 Well Off The Bahamas
(Energy Analytics Institute, 21.Dec.2020) — Bahamas Petroleum Company plc (BPC) announced commencement of the drilling operations at the Perseverance #1 well offshore The Bahamas. Highlights: — […]
Gunvor Closes Innovative New Natural Gas Facility
(Gunvor, 21.Dec.2020) — Gunvor Group successfully closed a new €300mn financing facility, which consists of a syndicated, pan-European natural gas repo facility to cover multiple […]
ExxonMobil Hits Guyana Oil Output Goal
(Argus, 21.Dec.2020) — ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana’s deepwater Stabroek block, a milestone that had […]
PetroRio Reveals Long-Term Financing With Prisma
(PetroRio, 21.Dec.2020) — PetroRio S.A., in accordance with best corporate governance practices and transparency, and in order to maintain informational equity in view of the […]
PetroRio Buys Ventura’s Atlantic Zephyr Rig For $1
(PetroRio, 21.Dec.2020) — PetroRio signed an agreement with Ventura for the acquisition, for $1 (one US Dollar), of the Atlantic Zephyr rig, a semi-submersible anchored […]
Petrobras Receives “Dragon” Supercomputer
(Petrobras, 21.Dec.2020) — Petrobras started to receive the equipment that compose the supercomputer called “Dragon”, a high performance computer aiming at a greater geophysical processing […]
Citgo Plans Q4 2021 Overhaul At Corpus Christi Refinery
(Reuters, 21.Dec.2020) — Citgo Petroleum Corp plans an overhaul at its 167,500 barrel-per-day (bpd) Corpus Christi, Texas, refinery in the fourth quarter of 2021, the […]
Mexican Watchdog Warns Against Fuel Import Changes
(Argus, 21.Dec.2020) — Proposed changes to rules governing importing and exporting hydrocarbons, refined products and petrochemicals in Mexico would “seriously affect competitive conditions in the […]
Suriname: The Next Oil Superpower or Failed State?
(National Interest, 21.Dec.2020) — Although 2020 will go down as one of the worst years for most countries, it was a pivotal time for Suriname. […]
Hortensia Jiménez To Head Bolivia’s ABEN
(Energy Analytics Institute, 21.Dec.2020) — Bolivia’s Hydrocarbons and Energy Minister Franklin Molina Ortiz named Hortensia Jiménez Rivera as Executive General Director of Bolivia’s Nuclear Energy […]
Bolivia Gets 454 Domestic Gas Installations In Mizque
(Energy Analytics Institute, 20.Dec.2020) — Bolivia’s Hydrocarbons and Energy Ministry with assistance from state oil and gas company Yacimientos Petrolifos Fiscales Bolivianos (YPFB) completed the […]
Gov’t Worked With Exxon For Maximum Production
(DPI, 20.Dec.2020) — The government of Guyana says it welcomes the announcement by US oil and gas company ExxonMobil that it has reached maximum production […]
Maxeon Solar Wins Patent Validity Ruling In China
(Maxeon Solar, 20.Dec.2020) — Maxeon Solar Technologies, Ltd., a global solar innovation leader, received a positive patent validity ruling in a patent invalidation action filed […]
Chile Names Jobet New Bi-Minister Of Energy
(Energy Analytics Institute, 19.Dec.2020) — Chile’s President Sebastian Piñera Echenique named Juan Carlos Jobet as the bi-minister of the South American country’s energy ministry. Jobet […]
YPFB Confirms Find At Yarará -X1 Exploratory Well
(Energy Analytics Institute, 19.Dec.2020) — Drilling of the Yarará X-1 (YRA-X1) exploratory well, which commenced on 14 September 2020, reached a final depth of 2,850m […]
ANP Board Agrees To Maintain Covid-19 Protocols
(Energy Analytics Institute, 18.Dec.2020) — The ANP Board approved on 17 December 2020 a resolution to maintain temporary safety measures and protocols to deal with […]
NGC, Touchstone In Gas Supply Partnership
(NGC, 18.Dec.2020) — The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, […]
World Court To Intervene In Guyana-Venezuela Dispute
(AP, 18.Dec.2020) — The United Nations’ highest court ruled Friday that it will intervene to settle a decades-old border dispute between South American neighbors Guyana […]
PBio Completes Sale Of BSBios Shares
(Petrobras, 18.Dec.2020) — Petrobras, following up on the press release disclosed on 27 April 2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio), as […]
Dominion Plans Virginia Offshore Wind Project
(Dominion Energy, 18.Dec.2020) — Dominion Energy filed with the Bureau of Ocean Energy Management (BOEM) the required Construction and Operations Plan (COP) to build the […]
Citgo Closes New A/R Securitization Facility
(Citgo, 18.Dec.2020) — Citgo Petroleum Corporation announced that it has entered into an agreement with Barclays as Program Administrator for a two-year $250mn accounts receivable […]
CSI Compressco LP Regains NASDAQ Compliance
(CSI, 18.Dec.2020) — CSI Compressco LP received a letter from the Nasdaq Stock Market LLC on 17 December 2020 which contained a NASDAQ compliance determination […]
CDPQ To Invest $1bn In Invenergy Renewables
(CDPQ, 18.Dec.2020) — Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, announced a $1bn commitment to Invenergy Renewables LLC (Invenergy), the […]
Biden To Seek Talks With Maduro Regime
(Bloomberg, 18.Dec.2020) — President-elect Joe Biden’s advisers are preparing to negotiate with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s […]
Touchstone Enters Natural Gas Sales Deal With NGC
(Touchstone, 18.Dec.2020) — Touchstone Exploration Inc. executed a long-term natural gas sales agreement with the National Gas Company of Trinidad and Tobago Limited (NGC) for […]
Matson Takes Delivery Of ‘Matsonia’
(Matson, 18.Dec.2020) — Matson, Inc., a leading US carrier in the Pacific, took delivery of Matsonia, the second of two new Kanaloa Class combination container […]
CP Inks Hydrogen-Powered Locomotive Pilot Project
(Canadian Pacific, 18.Dec.2020) — Canadian Pacific plans to develop North America’s first line-haul hydrogen-powered locomotive. CP’s Hydrogen Locomotive Program will retrofit a line-haul locomotive with […]