(US Senate, 7.Dec.2020) — US Senator Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, released the following statement on yesterday’s fraudulent congressional elections […]
Venezuelan Opposition Fills PdV Chair On Election Eve
(Argus, 7.Dec.2020) — Venezuela’s opposition-controlled National Assembly named another oil industry veteran to chair a shadow board of Venezuela’s national oil company PdV. The key […]
Venezuela’s New Assembly To Battle Sanctions
(Argus, 7.Dec.2020) — Venezuela’s National Assembly elections yesterday thrust the Opec country’s last democratic institution under the thumb of President Nicolas Maduro, who has defied […]
UAE Eases Oil Supply Cuts To Asia After OPEC+ Deal
(Bloomberg, 7.Dec.2020) — The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal […]
Venezuelans Vote In Legislative Election
(Al Jazeera, 6.Dec.2020) — Venezuelans voted on Sunday in legislative elections set to tighten President Nicolas Maduro’s grip on power and weaken his US-backed rival, […]
EP PetroEcuador Excludes Vitol From List Of Providers
(Energy Analytics Institute, 6.Dec.2020) — EP PetroEcuador will exclude Vitol Inc. from its list of suppliers due to the recent corruption case under investigation in […]
Venezuela’s Parliamentary Election: Change Expected
(Energy Analytics Institute, 6.Dec.2020) — Venezuela’s National Assembly leader and Interim President Juan Guaido could be coming to the end of his short two-year reign […]
Insurance Companies Offer Coverage To PetroEcuador
(Energy Analytics Institute, 5.Dec.2020) — Representatives of insurance companies Latina and Hispana resolved to join forces and present a single offer to safeguard the integrity […]
Heard Venezuela: Iranian Asset Takeovers
(Energy Analytics Institute, 5.Dec.2020) — Rumors are that Iranian businesspersons and their companies are in the process of taking over operations at Venezuela’s six refineries […]
Dems Statement Ahead Of Elections In Venezuela
(US Senate, 4.Dec.2020) — US Senate Foreign Relations Committee Ranking Member Bob Menendez (D-N.J.) and Senate Democratic Whip Dick Durbin (D-Ill.) issued the following statement […]
Gunvor Launches $540mn Biodiesel Borrowing Base
(Gunvor, 4.Dec.2020) — Gunvor Group successfully closed a new $540mn borrowing base facility to support the company’s biodiesel trading activity. The facility drew strong support […]
OPEC+ To Boost Output After Tense Negotiations
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December […]
New Buyers Spur Rise In Venezuela Oil Exports
(Reuters, 3.Dec.2020) — Venezuela’s oil exports almost doubled in November from the previous month as new customers linked to a Russian trading firm stepped in […]
Venezuela Eyes Oil Reform And Dialogue With US
(Reuters, 3.Dec.2020) — Venezuela’s ruling Socialist Party would consider reforming the country’s oil law if it retakes control of the legislature after the Dec. 6 […]
Heard Mexico: Braskem Ideas Shuts PE Complex
(Energy Analytics Institute, 3.Dec.2020) — Brazilian-based Braskem Idesa has shut down its Ethylene XXI polyethylene (PE) complex in the city of Coatzacoalcos, after a Mexican […]
Argentina Draws 16 Bids For Subsidized Gas Supply
(Argus, 3.Dec.2020) — Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead […]
Novum Energy Wins Bid To Import Cutter Stock
(Energy Analytics Institute, 2.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Novum Energy Trading Corp. a deal to import 1,260,000 barrels of cutter stock. Novum […]
Sempra Announces Integrated Transactions
(Sempra, 2.Dec.2020) — Sempra Energy announced a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking […]
Petrobras Receives Bids On Four Refineries
(Petrobras, 2.Dec.2020) — Rio de Janeiro-based Petrobras, following up on the press release disclosed on 1 October 2020, has received binding proposals for four refineries: […]
Bright Future For Suriname And Guyana
(Petroleum Economist, 2.Dec.2020) — Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s […]
India Looks To Resume Iran, Venezuela Oil Imports
(Reuters, 2.Dec.2020) — India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after U.S. President-elect Joe Biden takes […]
Mexico Wins Over $2bn On Oil Hedge
(Bloomberg, 1.Dec.2020) — Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving […]
Fitch Affirms Ecopetrol’s Investment Grade Rating
(Ecopetrol, 1.Dec.2020) — Ecopetrol reports that rating agency, Fitch Ratings, has affirmed the company’s credit rating at BBB- with a negative outlook and its standalone […]
Local Businesses Assured Involvement In Oil Sector
(Guyana Standard, 1.Dec.2020) — President Dr. Irfaan Ali has reaffirmed his Government’s commitment to ensure that local businesses are optimally involved in the oil and […]
ANH Inks Three Deals In Third Cycle Nomination
(ANH, 1.Dec.2020) — Colombia’s National Hydrocarbons Agency – ANH signed 4 new contracts as a conclusion of the third cycle of the Continuous Area Nomination […]
Gas-To-Energy Project To Bridge Oil And Gas: Guyana
(DPI, 1.Dec.2020) — Government’s gas to energy project is set to see development of new sectors and boost local traditional industries. Minister of Natural Resource, […]
Venezuela Producing Around 450,000 b/d
(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and […]
BPC On Trinidad And Suriname Strategies
(BPC, 1.Dec.2020) — Bahamas Petroleum Company plc provided an update on its strategy, deliverables and 2021 work program for its portfolio of assets in Trinidad […]
Petrobras On Favorable Arbitration Decision
(Petrobras, 1.Dec.2020) — Petrobras informs that it received, on this date, a favorable partial decision in one of the arbitrations proceeding before the Market Arbitration […]
Petrobras To Join Corporate Sustainability Index (ISE)
(Petrobras, 1.Dec.2020) — Petrobras will be part of B3 Corporate Sustainability Index (ISE) again. The company will integrate the main Brazilian index under the aspect […]
Venezuela Crude Production, Exports Recover
(Argus, 1.Dec.2020) — Venezuelan state-owned PdV’s crude production and exports have recovered in recent weeks as China resumed direct loadings and a tanker deficit the […]
Petrobras Comments On Gaspetro Divestment
(Petrobras, 30.Nov.2020) — Petrobras, following up on the release disclosed on 27 November 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), clarifies that the […]
Bahamas Petroleum Inks Goudron ESPC, Issues Shares
(BPC, 30.Nov.2020) — Bahamas Petroleum Company plc (BPC) advised the Goudron Enhanced Production Sharing Contract (ESPC) has been signed. As a consequence, the company will […]
Navitas Committed To Sea Lion Farm-in
(Rockhopper, 30.Nov.2020) — Rockhopper Exploration plc provided the following update in relation to the previously announced farm-in to the Sea Lion project by Navitas Petroleum […]
TechnipFMC Starts Work on New Complex In Egypt
(TechnipFMC, 30.Nov.2020) — TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with […]
![Petrobras Day 2020 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/12/2020-12-03-Apresentacao-do-PowerPoint-brazil.jpg)
Petrobras Day 2020 [PDF Download]
(Petrobras, 30.Nov.2020) — Rio de Janeiro-based Petrobras provided operational and financial details from its once yearly Petrobras Day. __________
Trump To Add SMIC And CNOOC To Defense Blacklist
(Reuters, 29.Nov.2020) — The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist […]
Rescheduling Of Work In Corentyne Block, Guyana
(Frontera, 27.Nov.2020) — Frontera Energy Corporation and CGX Energy Inc, the joint venture partners, announce that their constructive and collaborative discussions with the Government of […]
USO Requests Investigation Into Ecopetrol Refinery Fire
(Energy Analytics Institute, 27.Nov.2020) — The Obrera Oil Union (USO) requested an investigation into the causes of the fire that occurred at Ecopetrol’s refinery in […]
Compass Gas Energia Out Of Running For Gaspetro
(Energy Analytics Institute, 27.Nov.2020) — Brazil’s state oil company Petrobras announced that regarding divestment of Petrobras Gás S.A. (Gaspetro) that Compass Gás Energia S.A. wasn’t […]
Gustavo Petro Leads Early Polls In Colombia
(Energy Analytics Institute, 27.Nov.2020) — Presidential hopefully Gustavo Petro tops a recent opinion poll in Colombia, leading with 25.9% popularity in the Andean country. Colombians […]
B.B Energy Wins Bid To Import Naphtha Ron 80
(Energy Analytics Institute, 27.Nov.2020) — Ecuador’s state entity EP PetroEcuador awarded B.B Energy (Asia) PTE. LTD. a deal for the importation of 1,180,000 barrels of […]
JinkoSolar Sells Stake In Abu Dhabi Sweihan Station
(JinkoSolar, 27.Nov.2020) — JinkoSolar Holding Co., Ltd. announced its wholly-owned subsidiary JinkoSolar Sweihan (HK) Limited has signed a share and debt purchase agreement with Jinko […]
Venezuela Judge Convicts Citgo-6, Orders Prison
(AP, 27.Nov.2020) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately […]
Venezuela Resumes Direct Oil Shipments To China
(Reuters, 26.Nov.2020) — Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according […]
PetroEcuador’s Merino Is The New ARPEL Chairman
(Energy Analytics Institute, 26.Nov.2020) — EP PetroEcuador General Manager Ricardo Merino was appointed Chairman of the Board of the Association of Oil, Gas and Biofuel […]
Petrobras Says Not Party In Arbitrations
(Petrobras, 26.Nov.2020) — Petrobras, in relation to the news published in the Exame magazine yesterday, informs that it is not a party in the arbitrations […]
Pemex To Begin 2021 Oil Hedge Contracting Soon
(Reuters, 26.Nov.2020) — Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the […]
Mexico Oil Executive Asked To Resign
(Bloomberg, 26.Nov.2020) — A director at the trading arm of Mexico’s state oil company was asked to resign after authorizing payments under a profit-sharing plan, […]
Webinar: Developing Wind Projects
(Energy Analytics Institute, 26.Nov.2020) — The webinar will highlight issues around developing wind resources and panelists will discuss developing wind projects in different parts of […]