(Energy Analytics Institute, 7.Oct.2020) — Pursuant to the regulations of the National Securities Commission or the Comisión Nacional de Valores and the terms of Article […]
Proposed Changes To Venezuela’s Organic Oil Law
(Energy Analytics Institute, 7.Oct.2020) — Venezuela’s National Assembly has submitted proposed changes to the country’s Organic Hydrocarbons Law, which it views as fundamental legislation and […]
Beat Invests In A Greener Future In LatAm, CDMX
(Beat, 6.Oct.2020) — An electric fleet for all passengers that sets their hearts on an experience that transcends the limits of simply moving from point […]
Ecuador Names New Deputy Mines Minister
(Energy Analytics Institute, 6.Oct.2020) — Ecuador’s Minister of Energy and Non-Renewable Natural Resources René Ortiz commissioned César Vásquez as the country’s Deputy Minister of Mines. […]
Petrobras To Release 3Q:20 Results
(Petrobras, 6.Oct.2020) — Petrobras will release its quarterly production and sales report on 20 October 2020 and its financial performance report on 28 October, after […]
PdV Pins Gasoline Hopes On CRP Complex
(Argus, 6.Oct.2020) — Venezuelan state-owned PdV is focusing on repairs to its 940,000 b/d CRP refining complex to address a severe gasoline shortage that has […]
Colombia’s First Fracking Could Start In Late 2021
(Platts, 6.Oct.2020) — The first fracking in Colombia could come by the end of 2021, after companies obtain necessary environmental permits, energy minister Diego Mesa […]
BHP Buys Additional 28% Interest In Shenzi From Hess
(BHP, 6.Oct.2020) — BHP signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (Hess) to acquire an additional 28% working interest in Shenzi, […]
Chevron Closes Acquisition Of Noble Energy
(Energy Analytics Institute, 5.Oct.2020) — San Ramon-California based Chevron Corporation reported its acquisition of Noble Energy, Inc. has been completed following approval by Noble Energy […]
OAS And Bolivia Ink Deal To Observe 18 Oct. Elections
(OAS, 5.Oct.2020) — The Organization of American States (OAS) and the Plurinational State of Bolivia today signed the agreement on privileges and immunities for the […]
Karoon Provides Update On Baúna Acquisition
(Karoon Energy, 5.Oct.2020) — Karoon Energy Ltd provided the market with the following update on the status of the Baúna asset acquisition: — Remaining Conditions […]
Mexico Announces Infrastructure Projects
(Platts, 5.Oct.2020) — Mexico announced on Oct. 5 a set of infrastructure projects worth almost $14 billion to reactivate the economy, including a new coker […]
Mexico Unveils Investment Plan Worth Nearly $14 bln
(Reuters, 5.Oct.2020) — Mexico’s government and business leaders on Monday presented a series of planned investments worth over 297 billion pesos ($13.83 billion) which President […]
Three Iranian Tankers Make It To Venezuela
(Energy Analytics Institute, 5.Oct.2020) — The third and final Iranian tanker, part of a three-tanker flotilla, docked in Venezuela over the weekend with much needed […]
Hess To Divest Interests In Shenzi Field, Gulf of Mexico
(Hess, 5.Oct.2020) — Hess entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to […]
Guyana Lists Flaring Production License Details
(Energy Analytics Institute, 5.Oct.2020) — Guyana’s Ministry of Natural Resources released flaring highlights related to the country’s petroleum production licenses. __________ By Ian Silverman. © […]
Venezuela Aims To Reopen Some 1,571 Petrol Stations
(Energy Analytics Institute, 5.Oct.2020) — Venezuela plans to initiate activities at 1,571 petrol stations across the country starting 5 October 2020 as part of a […]
Quick Comparison: Liza 1 And Payara Developments
(Energy Analytics Institute, 5.Oct.2020) — Major differences in the licenses for the Liza Phase 1 and Payara developments offshore Guyana in the Stabroek Block as […]
Bolivia Eyes Lithium, Coipasa Salt Flat
(Energy Analytics Institute, 5.Oct.2020) — The industrialization of lithium in the Coipasa salt flat, located in Oruro, includes installation of a complex that will allow […]
Bolivia’s Añez Says She Will Respect Election Results
(Energy Analytics Institute, 4.Oct.2020) — Bolivia’s interim president Jeanine Añez expressed her commitment to enforce the popular will expressed in the results of the general […]
Six Norway Oil And Gas Fields Shut Amid Strike
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union […]
Eleven Rigs Reactivated In The Vaca Muerta In Neuquén
(Energy Analytics Institute, 3.Oct.2020) — Argentina’s Neuquén Ministry of Energy data reveal 11 drilling rigs have been reactivated in the province, and all targeting the […]
Payara Licence A Major Improvement On Liza 1
(DPI, 3.Oct.2020) — The new licence issued to Esso Exploration and Production Guyana Limited (EEPGL) for the development of its Payara well features significant new clauses […]
Guyana Eyes Gas-To-Power Project Starting In 2021
(Energy Analytics Institute, 2.Oct.2020) — A natural gas-to-power project is expected to start in 2021 to produce reliable electricity for Guyanese citizens, the country’s Natural […]
Petrobras Inks Deal To Divest Uruguay Assets
(Petrobras, 2.Oct.2020) — Petrobras, following up on the release disclosed on 4 February 2020, informs that its indirect controlled company, Petrobras Uruguay Sociedad Anónima de […]
bpTT Initiates Galeota Expansion Project
(bpTT, 2.Oct.2020) — bp Trinidad and Tobago LLC (bpTT) announced the safe start-up of the Galeota expansion project (GEP). The project has been under construction […]
Incahuasi Gas Plant Restarts, YPFB Says
The Incahuasi gas plant restarted production on 1 Oct. 2020, after halting operations a day earlier due to forest fires approaching from nearby communities.
Enel And AME Announce Pilot Green Project
(Energy Analytics Institute, 2.Oct.2020) — Enel Green Power Chile (EGP), a subsidiary of Enel Chile, together with AME and possible partners such as Enap, Siemens […]
YPF And Oil Unions Agree To 16.2% Salary Rise
Oil unions in Argentina reached an agreement with state oil and gas entity YPF for a salary increase of 16.2% over basic salaries as of March 2019 and which will be “non-remunerative” and payable from 1 September 2020.
Petrobras Comments On Decree 9,355/2018
(Petrobras, 2.Oct.2020) — Petrobras, following up on the release disclosed on 14 January 2019, informs that the Federal Supreme Court judged, by majority of votes, […]
Repsol Begins Producing At Its Delta Wind Project
(Repsol, 1.Oct.2020) — Repsol, as part of its commitment to an efficient and sustainable energy transition, has reached a new milestone and started to generate […]
Marathon Reinstates Base Dividend And Reduces Debt
(Marathon, 1.Oct.2020) — Marathon Oil Corporation reported an update highlighting the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for […]
Oxy Sales Colombian Onshore Assets to The Carlyle Group
(Piero Stewart, Energy Analytics Institute, 1.Oct.2020) — Houston-based Occidental Petroleum inked an agreement to divest its onshore assets in Colombia to The Carlyle Group for […]
Maduro Drafts Bill To Expand Powers For Oil Deals
(Reuters, 1.Oct.2020) — Venezuelan President Nicolas Maduro has drafted legislation to grant his government expanded powers to confidentially sign new oil deals with private firms […]
Reliance Buys Canadian Oil To Offset Venezuelan Oil
(Reuters, 1.Oct.2020) — Reliance Industries has agreed to purchase 2 million barrels of Canadian heavy crude per month, three industry sources said, as a substitute […]
Petrobras To Continue With Refinery Divestments
(Petrobras, 1.Oct.2020) — Petrobras informs the plenary composition of the Supreme Federal Court (STF), by majority vote, denied the preliminary injunction request formulated by the […]
Petrobras Comments On ICMS Regulations
(Petrobras, 1.Oct.2020) — Petrobras’ Board of Directors approved the adhesion to the ICMS debt and interest penalty reduction programs (Amnesties), according to the CONFAZ regulations […]
Payara Development More Expensive Than Liza Phase 2
(Energy Analytics Institute, 1.Oct.2020) — The recently sanctioned Payara development located offshore Guyana in the Stabroek Block will demand a hefty $9bn development cost due […]
IMF OKs $6.5bn Extended Facility For Ecuador
(IMF, 1.Oct.2020) — The Executive Board of the International Monetary Fund (IMF) approved a 27-month extended arrangement under the Extended Fund Facility (EFF) for Ecuador, […]
IEnova To Report 3Q:20 Earnings On 21 October
(Sempra 1.Oct.2020) — Sempra Energy’s Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to release its third-quarter 2020 earnings by 6 p.m. ET, […]
ExxonMobil To Proceed With Payara Development
(Exxon, 30.Sep.2020) — ExxonMobil made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is […]
Hess Sanctions Payara Development
(Hess, 30.Sep.2020) — Hess made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval […]
Golar LNG Class Action And Lead Plaintiff Deadline
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Golar LNG Ltd and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Golar securities between 30 Apr. and 24 Sep. 2020.
Petrobras, Other Cos. To Reveal NatGas Sharing Deals
(Petrobras, 30.Sep.2020) — Petrobras together with Petrogal Brasil, Repsol Sinopec Brasil and Shell Brasil, partners in the offshore routes in the pre-salt Santos Basin, will […]
Brazil’s Output Reaches 3.927 MMboe/d In August 2020
(Energy Analytics Institute, 30.Sep.2020) — Brazil’s combined production of crude oil and natural gas reached 3.927 million barrels of equivalent oil per day (MMboe/d) in […]
Exxon Eyes 10 Drill Centers For The Payara Development
(Energy Analytics Institute, 30.Sep.2020) — Exxon announced the Final Investment Decision (FID) was made to proceed with development offshore Guyana of the Payara field. The […]
Heard On The Street: Argentina’s Gas Dilemma
(Energy Analytics Institute, 30.Sep.2020) — If Argentina is unable to boost its natural gas production, piped gas imports from Bolivia as well as liquefied natural […]
Petrobras To Waive Capacity At Regasification Terminal
(Petrobras, 29.Sep.2020) — Petrobras, in response to Official Letter 7132/2020/CGAA4/SGA1/SG/CADE, dated 29 September 2020, and further to the notice disclosed on 3 August about the […]
ENAP To Move Forward With Wind Park
(Energy Analytics Institute, 29.Sep.2020) — Chile’s state oil and gas entity ENAP plans to start up a wind park located in Cabo Negro, the company […]
Citgo Board Chairwoman Luisa Palacios To Step Down
(Citgo, 29.Sep.2020) — Citgo Petroleum chairwoman Luisa Palacios says she’ll step down from her position next month. Her letter follows: Dear CITGO community, When I […]