(Bloomberg, 1.May.2020) â Petrobras, the Brazilian producer tapping some of the largest offshore oil finds this century, is confronting a Covid-19 outbreak in exploration platforms […]
PDV Holding And Aruba Govt To End Refinery Project
(PDV Holding, 1.May.2020) â PDV Holding, Inc., and the Government of Aruba/Refineria di Aruba (RDA) today executed an amicable termination agreement in relation to the […]
YPF Names New CEO As Vaca Muerta Faces Setback
(Upstream, 1.May.2020) â Argentine oil company YPF has appointed industry veteran Sergio Affronti as chief executive, replacing Daniel Gonzalez, amid headwinds from the coronavirus pandemic […]
Enel Chile Reports Filing Of The 2019 Annual Report
(Enel Chile, 30.Apr.2020) â Enel Chile, announced its 2019 Annual Report on Form 20-F has been filed with the United States Securities and Exchange Commission […]
Ecopetrol Exploration Activities Update
(Ecopetrol, 30.Apr.2020) â It is the first link in Ecopetrolâs value chain. Its main objective is to explore, discover and appraise commercially viable hydrocarbon accumulations, […]
Global LNG Demand Resilient Amid COVID-19
(IHSMarkit, 30.Apr.2020) â The COVID19 pandemic has led to lockdowns across the globe and severe downgrades for short-term macroeconomic indicators. A major re-evaluation is needed […]
Pemex Posts Massive $23.6bn 1Q:20 Loss
(Reuters,30.Apr.2020) â Mexican state oil company Pemex on Thursday said it had posted a $23.6 billion (562.13 billion peso) loss in the first quarter due […]
Aker Solutions ASA: First Quarter Results 2020
(Aker, 30.Apr.2020) â Aker Solutions reported first-quarter revenue of NOK 6.5 billion, a decline of 10 percent compared with the first quarter 2019, as the […]
Repsol Launches Solmatch
(Repsol, 30.Apr.2020) â Repsol has launched Solmatch, the first large solar community in Spain, as part of its commitment to offering different supply alternatives to […]
US Seeks To Investigate Mexico Oil-For-Food Pact
(Reuters, 29.Apr.2020) â The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in […]
TGS Files 2019 Annual Report On Form 20-F
(TGS, 29.Apr.2020) â Transportadora de Gas del Sur S.A. today it filed its annual report on Form 20-F for the fiscal year ended December 31, […]
CNOOC Ltd Announces Key Ops Statistics For Q1 2020
(CNOOC, 29.Apr.2020) â CNOOC Limited announced its key operational statistics for the first quarter of 2020. The Company achieved a total net production of 131.5 […]
Petrobras Powers Past Oil Glut On China Sales
(Bloomberg, 29.Apr.2020) â Petrobras, Brazilâs state-controlled oil giant, is plowing through a global oil glut expecting that exports to China will soon rebound, and with […]
Is PDVSA Abandoning Its Socialist Agenda?
(Oilprice.com, 29.Apr.2020) â Venezuela seems to be changing tactics when it comes to managing its oil resources. PDVSA is considering a major industry reform that […]
A Political Crisis Threatens To Derail Guyanaâs Oil Boom
(World Politics Review, 28.Apr.2020) â Despite growing signs of a dramatic and global economic downturn stemming from the coronavirus pandemic, the small South American country […]
Fire Reduces Venezuelan Heavy Crude Flow
(Reuters, 28.Apr.2020) â The latest fire to erupt at one of Venezuelan state-owned PdV’s oil installations has temporarily knocked out up to 130,000 b/d of […]
Even At $10/bbl, Traders Balk At Buying Nigeriaâs Oil
(Bloomberg, 28.Apr.2020) â The oil price crash isnât getting any easier for Nigeria. Late on Monday, the nation released the prices for most of its […]
PDVSA Proposes Selling Oil Assets To Private Sector
(Forbes, 28.Apr.2020) â In a total about-face on the âsocialismâ and âcommunismâ and the Yankee-Go-Home attitude of the ruling Socialists United of Venezuela (PSUV), the […]
Petrobras Starts BSBios Binding Phase
(Petrobras. 27.Apr.2020) â Petrobras, following up on the press release disclosed on 23 January 2020, informs that its wholly-owned subsidiary Petrobras BiocombustĂvel S.A. (PBio), on […]
LNG Continues Enhancing Global Energy Security: IGU
(IGU, 27.Apr.2020) â The International Gas Union (IGU) is pleased to launch its annual LNG report for 2020. The comprehensive analysis highlights all the material […]
Petrobras Reverses Production Cuts
(Reuters, 27.Apr.2020) â Brazilian state-run oil firm Petrobras has reversed most of its previously announced production cuts due to higher-than-expected demand for some fuels, it […]
JinkoSolar Files 2019 Annual Report On Form 20-F
(JinkoSolar, 27.Apr.2020) â JinkoSolar Holding Co., Ltd. announced that the Company filed its annual report on Form 20-F for the fiscal year ended 31 December […]
Venezuela Floats Lean PdV With Russia Unit
(Argus, 27.Apr.2020) â The two Maduro loyalists who have been effectively running Venezuela’s national oil industry for two months were officially appointed today as acting […]
Diamond Commences Chapter 11 Proceedings
(Diamond, 27.Apr.2020) â Diamond Offshore Drilling, Inc. announced that the Company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the […]
Gerdau S.A. Files Form 20-F
(Gerdau, 27.Apr.2020) â Gerdau S.A. hereby announces that the Form 20-F related to the fiscal year ended December 31, 2019 was filed with the U.S. […]
Pemex To Prioritize Lower-cost Production
(Reuters, 27.Apr.2020) â Mexicoâs state oil firm Pemex on Monday detailed measures aimed at mitigating the effects of a steep drop in oil prices, saying […]
Mexican Oil Platforms Cut Staff Over Coronavirus
(Reuters, 26.Apr.2020) â Mexico has begun removing staff from Gulf of Mexico oil platforms to limit the spread of the coronavirus, leaving essential personnel on […]
Why Mexicoâs Oil Industry Is Destined For Disaster
(Oilprice.com, 25.Apr.2020) â Mexico has somewhat inadvertently found itself at the heart of the oil industryâs most burning issues of 2020 â just when it […]
Ecuador Names New Electricity Vice Minister
(Energy Analytics Institute, 24.Apr.2020) â Ecuador appointed engineer Jose Luis Peña Arteaga as the countryâs new vice minister of electricity and alternative energies. The official […]
Argentinaâs YPF SA Files Form 20-F
(YPF, 24.Apr.2020) â YPF SA announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019, with […]
CPFL Energia Files 20-F Form Annual Report With the SEC
(CPFL, 24.Apr.2020) â CPFL Energia announces that its 2019 20-F Form annual report has been filed with the U.S. Securities and Exchange Commission on April […]
Moody’s Assigns Baa3 Rating To Ecopetrol Notes
(Moodyâs 24.Apr.2020) â Moody’s Investors Service assigned a Baa3 rating to Ecopetrol S.A.’s proposed new global notes. The Baa3 rating on the proposed notes is […]
Argentina Plans Higher Local Oil Price
(Reuters, 23.Apr.2020) â Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated […]
Pemex Declares Force Majeure On Fuel Imports
(Reuters, 23.Apr.2020) â Mexican state oil company Pemex has declared force majeure over fuel imports from its trading arm PMI Comercio Internacional, two sources with […]
Pemexâs Trading Arm Declares Force Majeure
(Bloomberg, 23.Apr.2020) â Mexico, the largest recipient of U.S. gasoline exports, is seeking to cancel imports of the fuel from at least one U.S. company […]
Iran Ships Material To Help Repair PDVSA Refinery
(Reuters, 23.Apr.2020) â Venezuela has received refining materials via plane shipment from Iran to help it start the catalytic cracking unit at the 310,000 barrels-per-day […]
Total Buys Tullow Interests In Uganda Project
(Total, 23.Apr.2020) â Total and Tullow have entered into an Agreement, through which Total shall acquire Tullowâs entire interests in Uganda Lake Albert development project […]
Venezuelaâs Oil Output Could Fall Again Soon
(Oilprice.com, 23.Apr.2020) â On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down […]
Mexico Announces Emergency $25.5bn Package
(S&P Global Platts, 22.Apr.2020) â Mexico announced a Peso 622.56 billion ($25.5 billion) package on Wednesday that will help the nation face the economic consequences […]
Cameron LNG Begins Train 3 Final Commissioning
(Cameron LNG, 22.Apr.2020) â Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has entered the final commissioning stage for the Phase 1, […]
Talos Energy To Announce 1Q:20 Results 6 May 2020
(Talos, 22.Apr.2020) â Talos Energy Inc. intends to release first quarter 2020 results for the period ended March 31, 2020 on Wednesday 6 May 2020 […]
Exxon Among 34 Vying To Market Guyanaâs Oil
(Stabroek News, 22.Apr.2020) â Thirty-four companies have submitted expressions of interests (EOIs) to market Guyanaâs entitlement from the Exxon-operated Liza Destiny FPSO in the Stabroek […]
Chevron Barred From Drilling In Venezuela
(Reuters, 22.Apr.2020) â Chevron Corp has been banned from drilling or transporting oil in Venezuela and its assets there are âmothballedâ as the Trump administration […]
Ecopetrol On 2019 Earnings Distribution
(Ecopetrol, 22.Apr.2020) â Ecopetrol S.A. informs the ordinary General Shareholdersâ Meeting, held on 7 March 2020, approved the earnings distribution proposal presented for their consideration, […]
Core Lab Reports 1Q:20 Results
(Core Lab, 22.Apr.2020) â Core Laboratories N.V. reported that continuing operations resulted in first quarter 2020 revenue of $152,400,000. The financial results for the first […]
Chevron In Effect Barred From Venezuela
(Bloomberg, 21.Apr.2020) â Chevron Corp. will be forced to effectively wind down its operations in Venezuela, dealing the Maduro regimeâs crumbling oil industry another blow […]
Over 30 Cos Vie For Guyana Oil Trading Contract
(Reuters, 21.Apr.2020) â More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and […]
Trump Tells Chevron To âWind Downâ In Venezuela
(AP, 21.Apr.2020) â The Trump administration on Tuesday ordered Chevron Corp. to âwind downâ operations in Venezuela by Dec. 1, barring the California-based oil giant […]
Brazilian Producer Appoints MiX To Monitor Its Fleets
(MiX, 21.Apr.2020) â MiX Telematics confirmed that one of Brazil’s largest ethanol and sugar producers have appointed MiX Telematics to assist in modifying driver behavior […]
Trinidad Monitoring Oil Prices On Global Market
(Jamaica Gleaner, 21.Apr.2020) â The Trinidad and Tobago Government Tuesday urged nationals not to panic as the oil-and-gas-rich country prepared to count the possible loss […]