(Tullow, 17.Jul.2020) â Tullow is also working closely with the government to secure additional licenses. The Marina-1, non-operated exploration well, drilled in block Z-38 offshore […]
CITGO Names Edgar Rincon COO, Executive VP
(Citgo, 17.Jul.2020) â The Board of Directors of CITGO Petroleum Corporation has appointed Edgar Rincon as Chief Operating Officer (COO) and Executive Vice President, reporting […]
Petrobras On Cumulative Vote Process For AGM
(Petrobras, 17.Jul.2020) â Petrobras, in compliance with article 30, item XXXIV of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more […]
YPF Reports Early Exchange Offer Participation
(YPF, 17.Jul.2020) â YPF S.A. announced results of the Early Participation Date (as defined below) with respect to its previously announced exchange offer to exchange […]
Petrobras Informs On Vantage Arbitration Case
(Petrobras, 17.Jul.2020) â Petrobras, following up on the releases disclosed on 17 May 2019 and 21 June 2019, informs that, yesterday, the United States Court […]
Ocean Infinity Completes Offshore Project In Guyana
(Ocean Infinity, 16.Jul.2020) â Ocean Infinity, a marine robotics company, successfully completed its recent project for ExxonMobil, within the Stabroek block offshore Guyana. The project […]
bpWE To Buy Full Ownership Of Fowler Ridge 1 Wind Asset
(bpWE, 16.Jul.2020) â bp Wind Energy (bpWE) agreed to acquire the remaining 50% interest in the bp operated, Fowler Ridge 1 wind asset from its […]
Siemens To Establish Mobile Working As âNew Normalâ
(Siemens, 16.Jul.2020) â Siemens will establish mobile working as a core component of its ânew normalâ and will make it a permanent standard, both during […]
Petrobras On OGCI’s Carbon Reduction Target
(Petrobras, 16.Jul.2020) â Petrobras informs that the Oil and Gas Climate Initiative (OGCI), an organization which Petrobras is a member, established a new collective target […]
OGCI Sets Carbon Intensity Target
(OGCI, 16.Jul.2020) â The Oil and Gas Climate Initiative (OGCI) announced a target to reduce the collective average carbon intensity of member companiesâ aggregated upstream […]
Colombia Relaunches Bid Process For LNG Terminal
(Shearman & Sterling, 15.Jul.2020) â The Colombian government has issued a new timetable for the tender with respect to the design, construction and operation under […]
Barreiro, Laprea-Bigott, JordĂĄ Named To Citgo Board
(Citgo, 15.Jul.2020) â Citgo Petroleum Corporation Board of Directors announced today that Pablo PĂ©rez Barreiro, Marcelo Laprea-Bigott and Carlos JordĂĄ have been named to the […]
Ibitu Energia Plans $830mn In Renewable Investments
(Reuters, 15.Jul.2020) â Brazilâs Ibitu Energia, owned by U.S.-based asset manager Castlelake LP, plans to invest roughly 4.5 billion reais ($839.43 million) in renewable energy […]
Argentina Axes $2bn Vaca Muerta Gas Pipeline
(Energy Analytics Institute, 15.Jul.2020) â The Vaca Muerta gas pipeline, one of the most ambitious projects of the government of Argentinaâs former President Mauricio Macri, […]
Investors In Russian Pipeline At Risk Of US Sanctions
(Reuters, 15.Jul.2020) â U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions […]
Thermal Recovery: Technical Papers (FREE Downloads)
(Energy Analytics Institute, 15.Jul.2020) â Technical papers from Nakasawa Resources on thermal recovery technologies; EOR projects: when how and why?; and heavy oil exploitation: unavoidable […]
Delays Impact Guyanaâs Payara-Pacora Project
(Rystad Energy, 15.Jul.2020) â The development of Guyanaâs world-class deepwater oil resources in the Payara-Pacora project of its prolific Stabroek block, whose addition is set […]
Liza Unity Hull Arrives In Singapore
(Energy Analytics Institute, 15.Jul.2020) â The Liza Unity FPSO hull has arrived from China to the Keppel shipyard in Singapore where it will be fitted […]
Petrobras Divests Ponta Do Mel And Redonda Fields
(Petrobras, 15.Jul.2020) â Petrobras, following up on the release disclosed on 30 September 2019, informs that it has finalized today the sale of its entire […]
Visa Curbs On Guyanese “Undermining Democracy”
(US Treasury, 15.Jul.2020) â On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All […]
Sener To Boost Jobs During Salamanca Refinery Rehab
(Energy Analytics Institute, 15.Jul.2020) â Mexicoâs Energy Secretariat anticipates a rise in the number of workers to be employed during the rehabilitation of the Salamanca […]
TermoCandelaria’s 2029 Senior Notes Solicitation
(TermoCandelaria, 14.Jul.2020) â TermoCandelaria Power Ltd, an electric power generation company in Colombia, which owns and operates a large portfolio of thermal power plants in […]
McDermott Awarded Next Phase Of Azikel Refinery
(McDermott, 14.Jul.2020) â McDermott International Ltd. announced it has been awarded a *large engineering and procurement contract from Azikel Petroleum Ltd. for the modular 12,000 […]
Petrobras On Production Record In BĂșzios
(Petrobras, 14.Jul.2020) â Petrobras reports that the platforms installed in the BĂșzios field (P-74, P-75, P-76 and P-77), in the Santos Basin pre-salt, reached new […]
Petrobras Concludes Renewable Diesel Tests
(Petrobras, 14.Jul.2020) â Petrobras informs that, on July 11th, it successfully concluded tests on an industrial scale for the production of renewable diesel. The tests […]
Petrobras Reduces Cost Of Post-salt Well Construction
(Petrobras, 14.Jul.2020) â Petrobras informs that in early July, it completed, in half the time, the construction of the 7 GLF 49H ESS offshore well, […]
Suriname Elects Santokhi As President, Brunswijk As VP
(Energy Analytics Institute, 14.Jul.2020) â Suriname elected Progressive Reform Party (VHP) front man Chan Santokhi as the countryâs president and Ronnie Brunswijk, leader of the […]
Early Oil Pilot Scheme (EOPS) Ends In Kenya
(Tullow Oil, 13.Jul.2020) â After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with […]
New Players Help Maduro Evade Tanker Sanctions
(AP, 13.Jul.2020) â As U.S. sanctions scare away the world’s largest shippers from Venezuela‘s oil industry, new players are willing to brave the heightened risks and […]
US Ups Pressure To Push Venezuela Oil Exports To 0
(Oilprice.com, 13.Jul.2020) â The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump […]
US Swaps Venezuelan Fuel Oil For Russian Products
(Oilprice.com, 13.Jul.2020) â The United States has been raising its imports of fuel oil from Russia over the past year and a half after the […]
New Players Emerge In Venezuela Amid Sanctions
(AP, 13.Jul.2020) â As U.S. sanctions scare away the worldâs largest shippers from Venezuelaâs oil industry, new players are willing to brave the heightened risks […]
Bolivia To Investigate YPFB Refining Transfers
(Energy Analytics Institute, 13.Jul.2020) â Ecuador âs transparency unit of the hydrocarbon ministry received a complaint that dates back and relates to the management of […]
Argentina’s YPF Announces Exchange Offering
(YPF, 13.Jul.2020) â Argentinaâs state oil company YPF Sociedad AnĂłnima announced 13 July 2020 changes to a debt exchange offering. The offering consists of the […]
Fitch Downgrades Suriname’s LT-FC IDR To ‘RD’
(Fitch Ratings, 13.Jul.2020) â Fitch Ratings has downgraded Suriname’s Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) to ‘RD’ from ‘C’. KEY RATING DRIVERS The downgrade […]
Suriname Elects New President Santokhi
(The New York Times, 13.Jul.2020) â Desi Bouterse has cast a long shadow over Suriname since its independence. Once a dictator, he returned as a […]
Vote Standoff Prolongs Guyana Uncertainty
(Argus, 13.Jul.2020) â Guyana’s political stalemate is prolonging uncertainty over the future management of the South American country’s fledgling oil sector, and raising the prospect […]
Ecuador Seeking New Oil-backed Loan From China
(Argus, 13.Jul.2020) â Ecuador’s austerity-minded government is in discussions with China to secure a new loan backed by oil sales. The fresh loan of at […]
Petrobras On Asphalt Sale By Reduc
(Petrobras, 13.Jul.2020) â Petrobras reports that its refinery in Duque de Caxias (Reduc), located in Rio de Janeiro, reached the mark of 16,773 tons of […]
PetroEcuador Continues With Elimination Process
(Energy Analytics Institute, 12.Jul.2020) â Technical staff with the Consortium Suez-Ecuambiente continues with previous work related to the export of hazardous waste from the Las […]
Recount Result: Guyanaâs Only Democratic Solution
(OAS, 11.Jul.2020) â The Organization of American States (OAS) notes that the Chief Elections Officer of Guyana, in direct opposition to the instructions of the […]
Petrobras On Measures In Aviation Gasoline
(Petrobras, 11.Jul.2020) â Petrobras informs that it has decided, preventively, to interrupt supplying a specific imported batch of aviation gasoline after tests carried out at […]
Reliance To Load Venezuelan Oil In Fuel Swap Deal
(Sputnik, 10.Jul.2020) â India is one of the biggest buyers of Venezuelan oil in spite of US sanctions. Private Indian refiners Reliance Industries and Nayara […]
Ecuador seeks private investor to operate Esmeraldas refinery
(Piero Stewart, Energy Analytics Institute, 10.Jul.2020) â Ecuadorâs Ministry of Energy and Non-Renewable Natural Resources (MERNNR) together with state controlled EP PetroEcuador plan to define […]
Exxon Restarts Drilling Off Guyana Amid Political Crisis
(Bloomberg, 10.Jul.2020) â Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash […]
MERNNR Extends Offers For El Aromo And Villonaco
(Energy Analytics Institute, 10.Jul.2020) â RenĂ© Ortiz, the head of Ecuadorâs Ministry of Energy and Non-Renewable Natural Resources (MERNNR) extended terms for the delivery of […]
Mubadala Set For Talks With Petrobras For Bahia Refinery
(Reuters, 10.Jul.2020) â Abu Dhabi’s investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil’s second-largest refinery, the Brazilian state-owned […]
BW Offshore Mulls Bids For Golfinho Field In Brazil
(Reuters, 10.Jul.2020) â Norway’s BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras’ Golfinho oilfield cluster, two sources said, […]
OAS Statement On Electoral Process In Guyana
(OAS, 10.Jul.2020) â In our most recent press statement, on 23 June 2020, the OAS encouraged the Guyana Elections Commission (GECOM) to move forward in […]
Petrobras BiocombustĂvel To Divest Stake In BambuĂ
(Petrobras, 10.Jul.2020) â Petrobras, following up on the release disclosed on 07/03/2020, informs that its wholly-owned subsidiary Petrobras BiocombustĂvel S.A. (PBIO) signed an agreement for […]