Colombia’s Gamble On Oil Could End In Disaster

(Oilprice.com, 8.Jul.2020) — The latest oil price collapse coupled with the considerable economic fallout from the coronavirus pandemic has battered Colombia’s fragile economy. As the […]

Petrobras Decommissions P-12 Platform

(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment […]

US Gas Exports To Mexico Set To Rise

(EIA, 6.Jul.2020) — Exports of natural gas by pipeline are the largest component of U.S. natural gas trade, accounting for 40% of all U.S. gross […]

Petrobras Eyes Braskem Deal With Odebrecht

(Reuters, 6.Jul.2020) — Brazilian state-led oil company Petrobras expects within six months to reach an understanding with engineering group Odebrecht on a new shareholder agreement […]

YPFB Decontaminates Two Buildings In Santa Cruz

(Energy Analytics Institute, 6.Jul.2020) — YPFB’s Corporate Occupational Safety and Health Directorate applied its decontamination protocol to two buildings located on Grigota Avenue in Santa […]

Petrobras Eyes LNG Units For Pre-salt Gas

(Reuters, 3.Jul.2020) — Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, […]

Petrobras Begins NTS Binding Phase

(Petrobras, 3.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale […]

AlgaEnergy Expands To France And North Africa

(AlgaEnergy, 2.Jul.2020) — AlgaEnergy S.A., a global leader in microalgae biotechnology, continued its global expansion with the appointment of Bachar Blal as Regional Business Manager […]

Fitch Downgrades Suriname’s IDR To ‘C’

(Fitch Ratings, 2.Jul.2020) — Fitch Ratings has downgraded Suriname’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘C’ from ‘CCC’. KEY RATING DRIVERS The downgrade […]

Kichwa People Return To Ecuadorian Court

(Amazon Watch, 2.Jul.2020) — Now 8 years since the court’s decision, the community will once again demand the Ecuadorian government comply with the ruling that […]

Golar Power Enters Alliance With Galileo

(Galileo Technologies, 2.Jul.2020) — The Agreement was signed yesterday in Sao Paulo and will leverage Golar Power’s natural gas distribution Project, without pipelines, in the […]

Guaido Team Adds to PDVSA Ad Hoc Board

(Reuters, 1.Jul.2020) — Venezuela’s opposition-held National Assembly on Tuesday named three new members to an ad hoc board of directors for state Petroleos de Venezuela […]

Politics Entangling Exile PdV Board

(Argus, 1.Jul.2020) — An “ad hoc” board of state-owned PdV that is a key part of US-backed opposition leader Juan Guaido’s parallel administration is running […]

Venezuelan Crude Arrives At Milazzo

(Argus, 1.Jul.2020) — A cargo of Venezuelan crude has arrived at the 235,000 b/d refinery run by Italy’s integrated Eni and Kuwait’s state-owned KPC at […]

Petrobras Supports TCFD

(Petrobras, 1.Jul.2020) — Petrobras is supporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, […]

ANH Receives Five Expressions Of Interest

(Energy Analytics Institute, 1.Jul.2020) — With the five expressions of interest and/or requests for the incorporation of areas presented by two companies, Colombia’s National Hydrocarbon […]

Petrobras To Cut Over 20% Of Workforce

(Reuters, 1.Jul.2020) — Some 10,000 employees of Brazil’s Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on […]

Maersk Awarded Deal Offshore Suriname

(Evercore ISI, 30.Jun.2020) — Maersk Drilling announced the 6th-Gen Maersk Developer was awarded a one-well exploration contract from Petronas for offshore Suriname. The $20.4M backlog […]

Essar Bid For Petrobras’ Bahia Refinery

(Reuters, 30.Jun.2020) — Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two […]

Atlas And Dow Ink Solar Energy PPA In Brazil

(Atlas, 30.Jun.2020) — Atlas Renewable Energy, a leading renewable energy company in Latin America along with the American material science multinational company Dow announced the […]

Sempra Energy Advances North American Strategy

(Sempra, 30.Jun.2020) — Sempra Energy completed its business exit from South America, following the recently announced sale of its Chilean businesses, which generated approximately $2.23 […]

Brazil’s Refinery Utilization Rate Stable

(S&P Global Platts, 30.Jun.2020) — Brazil’s refineries returned close to pre-pandemic levels in June, despite several incidents at processing units across Latin America’s biggest country […]