BP Licenses PTA technology To Dongying Weilian

(BP, 28.May.2020) — Weilian Chemical is a subsidiary of Dongying United Petrochemical Co., Ltd, one of the leading manufacturers and distributors of petroleum and petrochemical […]

Petrofac Secures Iraq Extension With Basra

(Petrofac, 28.May2020) — Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing […]

Maduro Sends Iranian Oil To Cuba

(Panam Post, 27.May.2020) — A Cuban vessel arrived in Venezuela to allegedly provide the island gasoline that has just arrived from Iran. According to the […]

Petrobras Announces Global Bond Offering

(Petrobras, 27.May.2020) — Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) plans to offer one or more series of bonds in the […]

Maduro Vows To Raise Venezuelan Gasoline Price

(Reuters, 27.May.2020) — Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing […]

Petrobras Prices Two Global Notes For $3.3bn

(Petrobras, 27.May.2020) — Petrobras announces the pricing of two series of global notes denominated in US Dollars to be issued by its wholly-owned subsidiary Petrobras […]

LatAm Infrastructure Projects At Risk

(Fitch Ratings, 27.May.2020) — Latin American infrastructure projects face heightened risk of grantor payment delays driven by the increased pressure the coronavirus pandemic is placing […]

Third Iranian Fuel Cargo Approaches Venezuela

(Reuters, 26.May.2020) — The third cargo of an Iranian tanker flotilla carrying fuel for gasoline-thirsty Venezuela was approaching the nation’s exclusive economic zone on Tuesday […]

Bouterse Seeks Another Term In Suriname

(AP, 25.May.2020) — Few leaders have the sort of shadows that hang over Suriname’s President Dési Bouterse, a former coup leader and strongman, convicted of […]

Maduro Thanks Iran For Tanker Shipments

(Energy Analytics Institute, Piero Stewart, 24.May.2020) — Venezuela’s President Nicolás Maduro announced gratitude to the Iran Republic for the shipments of gasoline and fuel additives […]

Pemex Reiterates No Fracking Mandate

(Energy Analytics Institute, Jared Yamin, 22.May.2020) — Mexico’s state oil company Petróleos Mexicanos or Pemex announced it remains committed to not conducting fracking activities as […]

Petrobras Updates On Colombian Asset Sale

(Petrobras, 21.May.2020) — Petrobras, following up on the press release disclosed on 03/06/20, informs that the non-binding phase related to the sale of 100% of […]

Petrobras Approaching Pre-Crisis Refinery Runs

(Argus, 21.May.2020) — Brazil’s state-controlled Petrobras has further boosted refinery throughput in response to a pick-up in fuel demand, with utilization rates approaching the average […]

Suriname On Election’s Eve

(Nacla, 21.May.2020) — With Suriname headed to the ballots on May 25, President Bouterse may be facing his toughest election yet.  Suriname is rarely in […]

PdV Restarts Coker For Export Via Cuba

(Argus, 20.May.2020) — State-owned PdV has partially restarted a 70,000 b/d delayed coker which had been off line for over a year at its 305,000 […]

NOCs To Slash Exploration Budgets

(WoodMac, 20.May.2020) — National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie. […]

Korean Delegation Visits Vaca Muerta Formation

(Energy Analytics Institute, 19.May.2020) — Korean Ambassador Jang Myung-soo visited the Loma Campana field, where production comes from the Vaca Muerta formation, together with personnel […]

Petronas Farms Down 50% In Block 52 to Exxon

(Petronas, 19.May.2020) — Petronas through its subsidiary, Petronas Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 per cent of its participating […]

SQM Reports 1Q:20 Earnings

(SQM, 19.May.2020) — Sociedad Química y Minera de Chile S.A. reported earnings today for the three months ended March 31, 2020 of US$45.0 million (US$0.17 […]

Five Iran Tankers Sailing For Venezuela

(AP, 18.May.2020) — Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of […]