(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 JimĂ©nez To Head Bolivia’s ABEN
(Energy Analytics Institute, 21.Dec.2020) — Bolivia’s Hydrocarbons and Energy Minister Franklin Molina Ortiz named Hortensia JimĂ©nez 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 BiocombustĂvel 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 dĂ©pĂ´t et placement du QuĂ©bec (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 […]
Gas South Completes Purchase Of Infinite Energy
(Gas South, 18.Dec.2020) — Gas South closed its acquisition of Infinite Energy. Gas South expects the acquisition to more than double its annual revenue to […]
Petrobras On Deal In Arbitration Of Sete Brasil
(Petrobras, 17.Dec.2020) — Petrobras informs that, on this date, the payment of R$190mn was made to the Pension Fund of the Employees of the Bank […]
Facing An Economic Crisis, Colombia Turns To Fracking
(Sierra Club, 17.Dec.2020) — San MartĂn is full of oil men. This small, no-nonsense Colombian town in the department of Cesar, is hot, chaotic, and […]
Argentina’s Plan Gas 4 To Provide Some Cash Flow Stability
(Ftich, 17.Dec.2020) — The contracts that the Argentine Ministry of Energy recently awarded to natural gas producers in the country under Plan Gas 4 (PG4) […]
Q&A: Ecopetrol Ready To Compete, Ready For Change
(Argus, 16.Dec.2020) — Colombia’s state-controlled Ecopetrol had been diversifying crude exports with a commitment to quality before the market tailspin of 2020. Now the company […]
JinkoSolar Announces At-The-Market Offering of ADSs
(JinkoSolar, 16.Dec.2020) — JinkoSolar Holding Co., Ltd. filed a prospectus supplement to sell up to an aggregate of $100,000,000 of its American depositary shares (ADSs), […]
YPF Updates On Plan Gas 4
(YPF, 16.Dec.2020) — In compliance with the provisions set forth in article 73 of Law 26,831, YPF S.A. hereby informs the Audit Committee report is […]
bpTT Says To Dismiss 149 Employees
(bpTT, 16.Dec.2020) — In February 2020, we launched our new purpose: to reimagine energy for people and our planet and also announced a bold new […]
Moody’s Warns Of Pemex Downgrade
(Reuters, 15.Dec.2020) — Mexican state oil giant Pemex could sink deeper into junk territory if Mexico’s sovereign credit rating is downgraded, ratings agency Moody’s said […]
KOMAX Desuperheaters Generating Energy
(Komax, 15.Dec.2020) — Komax Systems, Inc., has created a desuperheater that works for both gas and steam applications and is helping harness the energy of […]
Spills In Venezuela Offer A Bleak Vision Of An Oil End
(Bloomberg, 15.Dec.2020) — Tropical rains have washed away most outward traces of the oil spill that ravaged Rio Seco this fall. But the fishing village […]
CEMEX USA Offers Vertua® Low Carbon Concrete In US
(CEMEX, 15.Dec.2020) — CEMEX announced that Vertua®, its brand of low carbon ready-mix concrete, is now available in the U.S. after successful introductions in Mexico […]
Biden White House Faces A Rising China
(Reuters, 14.Dec.2020) — Donald Trump was clear with Latin America during his four-year administration: don’t do business with China. The message failed to hit home. […]
New Electricity Tariff In Cuba To Protect Vulnerable
(Prensa Latina, 14.Dec2020) — The new electricity tariff to be implemented in Cuba next January 1 as part of the monetary regulation process, will protect […]
Iran Uses Disguised Tanker To Export Venezuelan Oil
(Reuters, 14.Dec.2020) — A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing […]
Ecopetrol Eyes Capex of $3.5-$4bn In 2021
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn […]
ExxonMobil Reveals Emission Reduction Plans
(Exxon, 14.Dec.2020) — ExxonMobil plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and […]
Caribbean Refinery Sells First Product After Delay
(Reuters, 14.Dec.2020) — Caribbean refinery Limetree Bay Ventures sold the first oil product to a buyer in the Gulf Coast on Monday, according to a […]
Biden Presidency To Reset US Sanctions Focus
(Argus, 14.Dec.2020) — Washington’s failure in the past two years to force regime change in Caracas by means of severe sanctions gives the incoming US […]
Maxeon Solar Technologies Joins The UN Global Compact
(Maxeon, 14.Dec.2020) — Maxeon Solar Technologies, Ltd. joined the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative. The company committed to be […]
Braskem Announces Research Partnership
(Braskem, 14.Dec.2020) — Braskem, the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the […]