(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 […]
Petrobras: Accumulated Tupi Output Reaches 2 Billion BOE
(Petrobras, 28.Sep.2020) — Petrobras announced accumulated production of the Tupi field, located in the pre-salt of the Santos Basin, approximately 230 km from the coast […]
Petrobras Comments On Deal With Sete Brasil
(Petrobras, 28.Sep.2020) — Petrobras, following up on the release disclosed on 24 June 2020, informs that its Executive Board approved a second alteration to the […]
Petrobras Comments On Revolving Credit Lines
(Petrobras, 28.Sep.2020) — Petrobras, following up on the releases disclosed on 25 August 2020, 27 July and 20 March, informs it has made the total […]
Q&A: Colombia’s Lloreda Eyes E&P Revival
(Argus, 28.Sep.2020) — Colombia’s oil industry is slowly shaking off the double market blows of 2020 while it prepares to debut unconventional pilot projects. Oil […]
Petrobras To Review Golar’s Participation In Terminal
(Reuters, 28.Sep.2020) — Brazilian oil producer Petroleo Brasileiro SA said it will review liquefied natural gas (LNG) company Golar Power’s participation in an ongoing tender […]
First Iranian Tanker Enters Venezuelan Waters
(Reuters, 28.Sep.2020) — The first of a group of three tankers carrying Iranian fuel for gasoline-starved Venezuela entered the waters of the South American nation […]
Petrobras Grabs Assets From Total E&P do Brasil LTDA
(Petrobras, 28.Sep.2020) — Petrobras signed an agreement on 25 September 2020, under which Total E&P do Brasil LTDA will transfer to Petrobras the operatorship and […]
Greenwood Energy Acquires Colombia-based 2C POWER
(Libra Group, 28.Sep.2020) — Greenwood Energy Latinoamérica, the Latin American renewable energy subsidiary of the Libra Group, has acquired Colombia-based 2C POWER, a developer-operator that […]
Petrobras Starts Potiguar Cluster Non-binding Phase
(Petrobras, 28.Sep.2020) — Petrobras, following up on the release disclosed on 24 August 2020, informs the beginning of the non-binding phase regarding the sale of […]
Argentina Expects To Announce Gas Plan 4 Details
(Energy Analytics Institute, 26.Sep.2020) — Argentina’s government is expected to announce final details related to it’s Gas Plan 4 or 20/24 Gas Scheme. Gas Plan […]
Argentine Gas Imports Were 42.2 MMcm/d In July 2020
(Energy Analytics Institute, 26.Sep.2020) — Argentina’s imports of natural gas from liquefied natural gas (LNG) and piped gas from Bolivia reached 42.2 million cubic meters […]
US Pressed For Firm Stance In Venezuelan Bond Case
(Law360, 25.Sep.2020) — A New York federal judge on Friday grilled a lawyer representing the U.S. government on whether she should defer to Venezuelan’s denunciation […]
Petrobras Inks Deal For Stake In Gás Local
(Petrobras, 25.Sep.2020) — Petrobras signed, on this date, contracts with White Martins Gases Industriais Ltda. including: (a) sale of Petrobras’ 40% stake in the company […]
Fines Delay ExxonMobil License In Guyana
(Argus, 25.Sep.2020) — Guyana is preparing to fine ExxonMobil over natural gas flaring and untreated water dumping at its offshore Stabroek block. Discussions over the […]
YPF Prepares For Fuel Updates Between Oct.-Dec.
(Energy Analytics Institute, 25.Sep.2020) — YPF, the largest company in Argentina, will increase its fuel prices between now and year end. Two or three price […]
Petrobras Starts Teaser For Campos Basin E&P Assets
(Petrobras, 25.Sep.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in the Albacora and Albacora Leste […]
Africa’s Gasoline Demand To Support Asia, Europe
(Platts, 24.Sep.2020) — Africa’s gasoline demand is expected to support the gasoline markets of Asia and Europe as refinery outages in the African continent, together […]
EPA Permit For Payara In Guyana Issued
(Energy Analytics Institute, 24.Sep.2020) — The EPA issues environmental permit for the Payara project offshore Guyana. __________ By Ian Silverman. © Energy Analytics Institute (EAI). […]
US Updates On Iran And Venezuela Designations
(US Department of Treasury, 24.Sep.2020) — The state department updates on Iran-related and Venezuela-related designations in today’s press release. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The […]
Ecopetrol Briefs: 3Q Earnings, Capex For 2020
(Energy Analytics Institute, 24.Sep.2020) — Colombia oil and gas briefs on Ecopetrol’s capital expenditures for 2020 and the company’s plans to report financial results for […]
Ecuador Awaits Refinery Bids In December
(Argus, 23.Sep.2020) — Ecuador will receive bids to operate its 110,000 b/d Esmeraldas refinery on 22 December, a process that marks the end of state-owned […]
JinkoSolar Announces 2Q:20 Financial Results
(JinkoSolar, 23.Sept.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial […]
Petrobras Finds Oil At Campos Basin Well
(Petrobras, 23.Sep.2020) — Petrobras found the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin. Well […]
Ecopetrol Launches Fields In ‘Ronda Campos 2020’
(Energy Analytics Institute, 23.Sep.2020) — Colombia’s state oil company Ecopetrol announced launch of ‘Ronda Campos 2020’ with nine fields with aim to contribute to reactivation […]
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 […]