(Reuters, 11.Jun.2020) — An influential Mexican business lobby on Thursday warned a hike in the price that private power producers pay to access the country’s […]
In Venezuela, One Rig Works World’s Biggest Reserves
(Bloomberg, 11.Jun.2020) — Venezuela’s fall from oil superpower to failing producer can be illustrated in one image: a single drilling rig working the world’s largest […]
Sempra Declares Common, Preferred Dividends
(Energy Analytics Institute, 11.Jun.2020) — Sempra Energy’s board of directors declared a $1.045 per share quarterly dividend on the company’s common stock, which is payable […]
Petrobras Starts Non-binding Phase For Power Plants
(Petrobras, 10.Jun.2020) — Petrobras, following up on the press release disclosed on 13 May 2020, informs the beginning of the non-binding phase regarding the sale […]
Petrobras On Espírito Santo Basin Asset Divestment
(Petrobras, 10.Jun.2020) — Petrobras, in reference to the press released on 1 June 2020, regarding the sale of a part of its interest in the […]
Petrobras On New Naphtha Contracts With Braskem
(Petrobras, 10.Jun.2020) — Petrobras signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. for the units in the states of Bahia […]
Wave Of Venezuelan Oil Stalled At Sea
(Argus, 10.Jun.2020) — Vessel tracking data shows a fleet of 44 international tankers on the water holding 40.5mn bl of Venezuelan oil as shipowners face […]
Petrobras Files 2019 Sustainability Report
(Petrobras, 10.Jun.2020) — Petrobras filed its 2019 Sustainability Report today. In addition to presenting Petrobras’ operational, economic, social, environmental, and governance performance in 2019, the […]
Restart Of Virgin Islands Refinery Delayed Again
(Argus, 10.Jun.2020) — The restart of an oil refinery in the US Virgin Islands is poised for another delay because of pandemic restrictions. The refinery […]
Bolivia Boosts Gas Exports To Argentina
(Energy Analytics Institute, 10.Jun.2020) — Bolivia’s state oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) increased, as of 1 June, natural gas exports requested by Integración […]
Bolivia Eyes Ramp Up In Gas Exports To Brazil, Argentina
(Energy Analytics Institute, 10.Jun.2020) — Bolivia’s state oil and gas entity Yacimientos Petrolifos Fiscales Bolivianos (YPFB) has boosted natural gas exports as of 1 June […]
Guyana’s Crude Flow Drops On Technical Glitch
(Argus, 9.Jun.2020) — Guyana’s crude production has plunged by 65pc to 27,500 b/d from early May because of technical problems with compression equipment. “We do […]
Echo Provides Update On Santa Cruz Sur Assets
(Energy Analytics Institute, 9.Jun.2020) — Echo Energy has a portfolio of five production concessions in the Austral Basin, Santa Cruz province. The company provided an […]
YPFB Logística Denies Complaints, Allegations
(Energy Analytics Institute, 9.Jun.2020) — YPFB Logística SA, a subsidiary of Bolivia’s state oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB), categorically denies malicious intentions related […]
Sempra Eyes Closing Of Sale Of Chilquinta Energía
(Sempra, 9.Jun.2020) — Sempra Energy and State Grid International Development Limited (SGID) have jointly announced today that both companies remain firmly committed to completing the […]
Opec+ Extra Cuts Will End In June: Saudi Oil Minister
(Argus, 8.Jun.2020) — Mideast Gulf countries that pledged deeper crude cuts beyond their Opec+ commitments this month do not plan to extend these into July, […]
Winds Shifting In Oil-rich Guyana, Suriname
(Argus, 8.Jun.2020) — Opposition parties pledging oil policy changes in Guyana and Suriname are close to taking power, but incumbents are signaling reluctance to step […]
Ecuador Crude Pipelines Brace For Further Erosion
(Argus, 8.Jun.2020) — State-owned PetroEcuador restarted the 360,000 b/d Sote crude pipeline today after completing a second bypass. Heavy rains ruptured the line in early […]
Total Joins The “Getting To Zero Coalition”
(Total, 8.Jun.2020) — Total has joined the Getting to Zero Coalition to support the maritime industry’s decarbonisation by collaborating with companies across the maritime, energy, […]
Guyana Election Data Shows Opposition Leader Ali Wins
(Reuters, 8.Jun.2020) — Preliminary data published by Guyana’s elections commission shows that opposition candidate Irfaan Ali has won a recount of votes in March’s presidential […]
Guaido Team Promises Fuel Surge In Venezuela
(Argus, 8.Jun.2020) — Venezuela’s US-backed political opposition is promising to restore stable fuel supply in two weeks if it takes power, kicking off with crude-for-products […]
Petrobras Hits New Fuel Oil Export Record
(Argus, 8.Jun.2020) — Brazil’s state-controlled Petrobras exported a record 1.11mn t of fuel oil in May, marking a return to the company’s focus on higher-margin […]
Shell Suspends Vaca Muerta Ops After Seismic Activity
(Reuters, 7.Jun.2020) — Oil company Royal Dutch Shell Plc said it has suspended operations at its Bajada de Añelo site in Argentina’s Vaca Muerta area […]
Venezuela’s Gasoline System Fails To End Epic Lines
(Reuters, 7.Jun.2020) — Hundreds of Venezuelans queued up in miles-long lines to try to fill their cars with subsidized gasoline over the weekend, a week […]
Coalition Says GECOM “Put On Notice”
(GINA, 7.Jun.2020) — The APNU+AFC Coalition today again expressed concerns over the state of affairs of Guyana Elections Commission (GECOM) and cautioned that the elections […]
Exxon Oil Output Falls On Gas Compressor Problem
(Stabroek News, 7.Jun.2020) — Production at Exxon-Mobil’s Liza-1 project in the Stabroek Block, offshore Guyana, has plummeted from 80,000 barrels per day (bpd) to now […]
Mexico To Sit Out Extension Of OPEC+ Oil Output Cuts
(Reuters, 6.Jun.2020) — Mexico will not join other top oil producers in extending through July output cuts aimed at propping up the price of crude, […]
Chevron Oil Tangled In US Sanctions On Venezuela
(Reuters, 5.Jun.2020) — A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with […]
Petrobras Reports Rise In Fuel Exports
(Petrobras, 5.Jun.2020) — Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by […]
OPEC+ To Meet Saturday On Extending Cuts
(Reuters, 5.Jun.2020) — OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards […]
BJ Services’ Milestone With Fracturing Technology
(BJ Services, 4.Jun.2020) — At the end of April 2020, BJ Services completed a 1,000-hour field trial of its next-generation direct-drive turbine fracturing pump, TITAN™. […]
Statement From The OAS On The Elections In Guyana
(OAS, 4.Jun.2020) — The General Secretariat of the Organization of American States (OAS) is mindful that the recount of the votes cast in the March […]
JinkoSolar On Non-Infringement In US
(JinkoSolar, 4.Jun.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that the United […]
Petrobras’ Reveals Details Of Five Generation Companies
(Petrobras, 4.Jun.2020) — Petrobras started the opportunity disclosure stage (teaser), regarding the sale of its stakes in five power generation companies: Brasympe Energia S.A. (Brasympe), […]
Iran’s Message To US With Venezuela Oil Shipments
(Financial Times, 4.Jun.2020) — For the Islamic republic, it was a mission fraught with risk: send five Iranian-flagged fuel tankers through some of the world’s […]
After The Crash: Five Key Changes In The US GOM
(WoodMac, 4.Jun.2020) — The oil price crash has come at a time when the US Gulf of Mexico (GoM) is leaner and nimbler. It is […]
CNH Again Extends Timeframe For Oil Permits
(Reuters, 4.Jun.2020) — Mexico’s oil regulator will allow energy firms more time to secure permits and plan approvals, it said in on Thursday, in effect […]
Oil Workers In Mexico Plead To Come Home
(The Guardian, 4.Jun.2020) — Dozens of Trinidad and Tobago oilfield workers in Mexico have issued a plea to the government to allow them to return […]
Suriname Beckons Oil Drillers Ahead Of Poll Result
(Argus, 3.Jun.2020) — Suriname is edging closer to a change of government that could pave the way for expanded offshore oil exploration. The South American […]
Petrobras Concludes $3.25bn Global Notes Offering
(Petrobras, 3.Jun.2020) — Petrobras concluded the offering of two series of Global Notes in the international capital market in the amount of $ 3.25 billion, […]
Pemex Continues With Tula Refinery Contingency
(Energy Analytics Institute, 3.Jun.2020) — Pemex’s “Miguel Hidalgo” refinery in Tula carried out preventive measures to mitigate the risks of the Covid-19 pandemic among its […]
PetroAmazonas Develops 63.5 Ha On Blocks 43 And 31
(Energy Analytics Institute, 3.Jun.2020) — PetroAmazonas EP has developed 63.50 hectares of Block 43-ITT (Ishpingo, Tambococha, Tiputini) and Block 31, both located in the province […]
Women At The Top Of UK Energy Sector Rises
(PwC, 3.Jun.2020) — POWERful Women and PwC have today published the latest ‘state of the nation’ on the gender balance at the top of the […]
Total Enters Into North Sea Wind Farm Project
(Total, 3.Jun.2020) — Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project […]
Total Enters Offshore Wind Project in Scottish North Sea
(Total, 3.Jun.2020) — Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project […]
US Sanctions Four Firms For Transporting Venezuelan Oil
(Aljazeera, 2.Jun.2020) — The United States Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in […]
Venezuela’s Oil Exports Sink To 17-year Low On Sanctions
(Reuters, 2.Jun.2020) — Venezuela’s oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports and two Mexican firms that […]
Guyana To Offer Gas-to-power Project
(Argus, 2.Jun.2020) — Guyana is preparing to launch a tender for a natural gas-to-power project anchored on the ExxonMobil-operated Stabroek block. The project would entail […]
Global LNG Demand Faces Seasonal Contraction
(WoodMac, 2.Jun.2020) — The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer […]
Mexico Probes Libre Abordo Pact With Venezuela
(Reuters, 2.Jun.2020) — The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under […]