Energy Analytics Institute (EAI)

Venezuela Producing 345,000 B/D: Oil Official Freites Says

(Energy Analytics Institute, 23.Sep.2020) — Crude oil production in Venezuela, home to arguably the world’s largest oil reserves, has fallen to around 345,000 barrels per […]

US Treasury Updates Venezuela, Iran Designations

(Energy Analytics Institute, 22.Sep.2020) — The US Department of Treasury released details regarding Venezuela-related designations as well as providing a designation update. Treasury also provided […]

Empresa Eléctrica Angamos SpA Announces Early Tender

(Angamos, 22.Sep.2020) — Empresa Eléctrica Angamos SpA announced early tender results of its offer to purchase for cash any and all of its outstanding 4.875% […]

Bayón Says Unconventionals Not The Only Option

Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”

Petrobras On Secondary Public Offer

(Petrobras, 22.Sep.2020) — Petrobras, in relation to the news published in the media, reiterates that it has not yet been defined the moment to launch […]

Shell And Microsoft Join Up On Carbon Emissions

(Shell, 22.Sep.2020) — Shell International Petroleum Company Limited and Microsoft Corporation, building on a history of three decades of working together, are embarking on a […]

Ex-Vitol Trader Indicted In US Probe Of Ecuador Bribes

(Bloomberg, 22.Sep.2020) — A former manager at Vitol Group, the world’s largest independent oil-trading firm, was indicted for allegedly bribing Ecuadorian government officials to get […]

Petrobras Receives Two Proposals For Repar

(Petrobras, 21.Sep.2020) — Petrobras, in relation to the news published in the media, referring to the divestment of the Presidente Getúlio Vargas Refinery (Repar), clarifies […]

FSRU Experience Breaks Send-Out Record

(Execelerate Energy, 21.Sep.2020) — On 16 September 2020, Excelerate Energy successfully reached a send-out capacity of 1.06 billion cubic feet (Bcf) of natural gas on […]

Investors Pull Plug On Argentina’s Prized Shale Play

(Oilprice.com, 19.Sep.2020) — Much ink has been spilled about the downfall and dubious recovery of the United States shale oil sector. The West Texas Intermediate […]

Petrobras Prepares For Competitive Markets

(Petrobras, 18.Sep.2020) — Petrobras launched two programs aimed at preparing its refining and natural gas activities for an open, competitive market and to transition into […]

Enel X Enters US Public Transit Market

(Enel X, 18.Sep.2020) — Enel X, the Enel Group’s advanced energy services business line, announced it has been awarded two grants by the Accelerating Clean […]

China Slams Pompeo For ‘Arrogance’ On LatAm Tour

(Reuters, 18.Sep.2020) — China’s embassy to Suriname on Friday accused U.S. Secretary of State Mike Pompeo of “smearing” Beijing, after Washington’s top diplomat critiqued Chinese […]

China On Pompeo’s Remarks On China

(Chinese Embassy in Guyana, 18.Sep.2020) — The US Secretary of State Michael R. Pompeo made again some erroneous remarks on China during his visit to […]

Trinidad To Inspect Venezuela Oil Storage Vessel

(Argus, 18.Sep.2020) — Trinidad and Tobago is concluding arrangements with Venezuela to allow its inspectors to access a damaged oil storage vessel in the Gulf […]

Petrobras CEO Says 11,000 Employees To Leave Co.

(Reuters, 17.Sep.2020) — Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, […]

Petrobras Starts Teaser For Fertilizer Unit In Paraná

(Petrobras, 17.Sep.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of all its shares in the company Araucária Nitrogenados S.A. […]

Enauta Names Decio Oddone CEO Replacing Guardado

(Reuters, 17.Sep.2020) — Decio Oddone, the former head of Brazil’s national oil regulator, will replace Lincoln Guardado as chief executive officer of oil producer Enauta […]

Petrobras Ends Testing At LNG Regasification Terminal

(Petrobras, 17.Sep.2020) — Petrobras successfully concluded the operation test with an flowrate of 30 MMm3/day (millions of cubic meters per day) of natural gas, held […]

Equinor Inks Deal For Kollsnes MEG Upgrade

(Equior, 17.Sep.2020) — On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade […]

JinkoSolar And ENEOS To Build PV Plant in Japan

(JinkoSolar, 17.Sep.2020) — JinkoSolar Holding Co., Ltd. announced its intention to co-operate with ENEOS Corporation, Japan’s largest oil refiner, on the provision of solar modules […]

PetroEcuador Conducts Fire Drill At Port In Manabí

(Energy Analytics Institute, 17.Sep.2020) — Personnel from EP PetroEcuador participated in a fire drill conducted in the port of Jaramijó in Manabí. __________ By Piero […]

Petrobras On Track To Raise Rio’s LNG Import Capacity

(Reuters, 17.Sep.2020) — Brazil’s Petrobras PETR4.SA has successfully concluded tests that will allow for a 50% capacity expansion at its Rio de Janeiro liquefied natural […]

US Secretary Of State Mike Pompeo Arrives In Guyana

(DPI, 17.Sep.2020) — The arrival of United States (US) Secretary of State, Mr. Michael Pompeo on these shores today marks an historic development in the […]

US Secretary Of State To Reach Guyana Soon

(DPI, 17.Sep.2020) — The United States Secretary of State Mr. Michael Pompeo is set to arrive this evening and will be the highest-ranking sitting government […]

Petrobras Announces Details Of Cash Tender Offers

(Petrobras, 16.Sep.2020) — Petrobras announced the expiration and expiration date results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras […]

Elliott Abrams Briefing On Iran And Venezuela

(US Department of State, 16.Sep.2020) — Special teleconference briefing with special representative for Iran and Venezuela Elliott Abrams on developments in Iran and Venezuela. MS […]

Guyana And The US: More Than 50 Years Of Friendship

(US Embassy Guyana, 16.Sep.2020) — Secretary Pompeo will travel to Georgetown, Guyana, 17-18 September 2020. He will meet with newly elected President Irfaan Ali and […]

Pompeo To Visit Guyana, Suriname, Brazil, Colombia

(US State Department, 15.Sep.2020) — Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020.  This trip […]

Morena Seeks End To Mexico’s Energy Investment

(Argus, 15.Sep.2020) — Mexico’s ruling Morena party presented a constitutional reform proposal that would roll back the historic 2014 energy reform and seek to rescind […]

Stena Carron Arrives To Drill Tanager Prospect

(Energy Analytics Institute, 15.Sep.2020) — Ratio Guyana, an affiliate of Tel Aviv-based Ratio Petroleum, announced the arrival of the Stena Carron drillship to the Tanager […]

PDVSA prepares to boost oil blending with condensates

(Reuters, 15.Sep.2020, Words: 492) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude […]

Venezuela’s PDVSA looks to lift oil blending

(Reuters, 15.Sep.2020, Words: 492) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude […]

Gas Sector Dynamism Consolidated In Colombia

(Promigas, 14.Sep.2020) — The 2020 Natural Gas Sector Report presented by Promigas provides a concrete overview of Colombia in terms of reserves, investments, energy security, […]

Attack On Venezuela Refineries A Playbook US Regime Change Scenario

(Sputnik, 14.Sep.2020) — In the last two years, Venezuela has thwarted a coup attempt organised by opposition leader Juan Guaido, one attempt to kidnap President […]

Petrobras Changes Name Of Lula Field To Tupi Field

(Petrobras, 14.Sep.2020) — Petrobras announces the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the change in the name of the Lula field […]

Ecopetrol Aims To Drill 100 Permian Wells By YE:21

(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as […]

Apache On Kwaskwasi-1 In Block 58 Offshore Suriname

(Apache, 14.Sep.2020) — Apache Corporation and Total S.A. provided an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. As previously announced, […]

Ecopetrol Makes Prepayment Of Financing Contracts

(Ecopetrol, 14.Sep.2020) — Ecopetrol S.A. will prepay its short-term obligations with local and international banks entered into in March and April 2020, in the form […]

Petrobras Cuts E&P CAPEX To $40-$50bn From $64bn

(Petrobras, 14.Sep.2020) — Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The […]

Pompeo’s Visit Extremely Important, Says Pres. Ali

(DPI, 14.Sep.2020) — His Excellency Dr. Mohamed Irfaan Ali has described United States (US) Secretary of State, Mr. Michael Pompeo’s imminent visit to Guyana as […]

Venezuela Defies Sanction Tripwires, Imports Oil

(Bloomberg, 13.Sep.2020) — An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid U.S. sanction tripwires. The ship, identified as […]

Venezuela Tears Apart Oil Pipelines To Sell As Scrap

(Bloomberg, 11.Sep.2020) — Venezuela’s capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the […]

Petrobras Starts Binding Phase For Power Companies

(Petrobras, 11.Sep.2020) — Petrobras, following up on the press release disclosed on 07/06/2020, informs the beginning of the binding phase regarding the sale of its […]

Petrobras On Espírito Santo Basin Binding Phase

(Petrobras, 11.Sep.2020) — Petrobras, following up on the release dated 10 June 2020, announced the beginning of the binding phase regarding the sale of a […]

Ecuador To Invest $1.2mn In El Cantón Arajuno Projects

(Energy Analytics Institute, 11.Sep.2020) — Authorities from Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR) and the autonomous decentralized government of Arajuno announced development […]

Petrobras Collaborates With New Phase Of Lava Jato

(Petrobras, 11.Sep.2020) — Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the […]

Pemex Head Visits Sonda de Campeche

(Energy Analytics Institute, 11.Sep.2020) — Pemex head Octavio Romero Oropeza visits workers on the Ayatsil-C y Akal-B platforms in Sonda de Campeche. See these stories […]

Venezuela Captures Suspected US Spy Near CRP

(Energy Analytics Institute, 11.Sep.2020) — Venezuela captured an alleged American spy near its Amuay refinery located in Falcón state. “We have captured an American in […]

Fitch Affirms Peru LNG At ‘BB-‘; Negative Outlook

(Fitch, 10.Sep.2020) — Fitch Ratings has affirmed Peru LNG S.R.L’s (PLNG) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BB-‘. The Rating Watch […]