(Reuters, 22.Feb.2020) â Members of a committee tasked with overhauling Venezuelan state oil firm PetrĂłleos de Venezuela, S.A., or PDVSA, asked the company’s vice presidents […]
BoquerĂłn JV Advances With Gas Lift Pilot
(Energy Analytics Institute, Piero Stewart, 22.Feb.2020) â The BoquerĂłn joint venture, comprised of state oil company PetrĂłleos de Venezuela, SA (PDVSA) and Russian oil company […]
Trump Wants Pressure Raised On Maduro
(Bloomberg, 21.Feb.2020) â President Donald Trump is frustrated that pressure is building too slowly on Venezuelan President Nicolas Maduro and is still considering military options […]
Colombia’s Ecopetrol To Build 50-MWp Solar Farm
(Renewables Now, 20.Feb.2020) â Colombian oil company Ecopetrol SA will develop a 50-MWp solar photovoltaic (PV) park in the department of Meta. Located on a […]
Touchstone Closes $11.6 Million Private Placement
(Touchstone, 20.Feb.2020) â Touchstone Exploration Inc. announces that further to the company’s announcement on February 19, 2020 regarding the proposed placing (the “Placing”), the company […]
Ecopetrol Closes 2019 With Proven Reserves 10% Higher
(Reuters, 20.Feb.2020) â Colombia’s state-owned oil company Ecopetrol said an independent assessment found its proven reserves of oil and gas had increased 9.6% at the […]
PetroMonagas Incorporates Turbo Generator
(Energy Analytics Institute, Piero Stewart, 20.Feb.2020) â In order to generate its own electricity, the PetroMonagas joint venture incorporated use of an electric turbo generator […]
Venezuela Promises Another Oil Revival
(Argus, 20.Feb.2020) â Venezuela’s embattled government is vowing to overhaul the national oil industry one day after the US administration sanctioned the Russian trading company […]
Pena Nieto Investigated In Corruption Probe
(Reuters, 19.Feb.2020) â Mexican law enforcement authorities are investigating a former president, Enrique Pena Nieto, as part of an inquiry into corruption, the Wall Street […]
Maduro Taps VP To ‘Restructure’ Oil Sector
(Reuters, 19.Feb.2020) â Venezuelan President Nicolas Maduro said on Wednesday he would create a presidential commission to restructure the country’s beleaguered oil industry, which will […]
EP PetroEcuador Awards First Spot Sale Of 2020
(Energy Analytics Institute, Piero Stewart, 19.Feb.2020) â Ecuadorâs state oil entity EP Petroecuador awarded its first spot market sale of 2020 to refining company Phillips […]
Maduro Shakes Up PDVSA Amid Oil Sector Emergency
(Bloomberg, 19.Feb.2020) â Venezuelaâs President Nicolas Maduro declared an âenergy emergencyâ as he announced a commission to revamp state oil company Petroleos de Venezuela SA, […]
Rosneft Sanctions Raise Threats For Cos In Venezuela
(Reuters, 19.Feb.2020) â Washingtonâs move this week to sanction a trading unit of Russian oil giant Rosneft for its ties with Venezuelaâs state-run PDVSA escalated […]
IMF Staff Statement On Argentina
(IMF, 19.Feb.2020) â An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited […]
Noble Reports Quarterly And Full Year 2019 Results
(Noble, 19.Feb.2020) â Noble Corporation plc reported a net loss attributable to the Company for the three months ended December 31, 2019 (fourth quarter) of […]
Latest Rosneft Sanctions Raise Risks For Others
(Reuters, 19.Feb.2020) â Washingtonâs move this week to sanction a trading unit of Russian oil giant Rosneft for its ties with Venezuelaâs state-run PDVSA escalated […]
Maduro’s PDVSA Shake Up Amid Oil Emergency
(Bloomberg, 19.Feb.2020) â Venezuelaâs President Nicolas Maduro declared an âenergy emergencyâ as he announced a commission to revamp state oil company Petroleos de Venezuela SA, […]
Maduro Accused Of “Disappearing” US Oilmen
(AP, 19.Feb.2020) â Family members of six American oil executives jailed in Venezuela are accusing Nicolas Maduroâs government of âforced disappearanceâ after the men were […]
Could Rosneft Sanctions Signal End To Chevron’s Venezuela Waiver?
(S&P Global Platts, 18.Feb.2020) â The Trump administration’s decision to sanction Rosneft’s trading arm Tuesday may be a sign that Chevron’s waiver allowing it to […]
Argentina To Ease NatGas, Power Price Controls In June
(S&P Global Platts, 18.Feb.2020) â Argentina plans to lift controls on power and natural gas tariffs as soon as June, a senior government official said, […]
US Blacklists Rosneft Unit
(Reuters, 18.Feb.2020) â The United States on Tuesday tightened financial restrictions on Venezuela, blacklisting a subsidiary of Russian state oil major Rosneft that President Donald […]
Rosneft Says US Sanctions On RTSA Illegal
(Rosneft, 18.Feb.2020) â The sanctions announced by the U.S. Treasury Department against Rosneftâs subsidiary RTSA and its Chairman are illegal, unjustified, and an act of […]
Ending Putinâs Support Of Venezuela Not Easy For US
(AP, 18.Feb.2020) â In October 2016, the head of Russiaâs largest oil company traveled to the birthplace of Hugo ChĂĄvez, in the empty, sweltering plains […]
Venezuela, Rosneft and US Sanctions Complications
(S&P Global Platts, 18.Feb.2020) â US efforts to starve Venezuelaâs Maduro regime of oil revenues have substantially increased the role of Russian energy in the […]
Frontera To Announce 4Q And Full Year 2019 Results
(Frontera, 18.Feb.2020) â Frontera Energy Corporation said Fourth quarter and full year 2019 results are expected to be released after market on Thursday, March 5, […]
Ecopetrol To Reveal 2020-2022 Business Plan
(Ecopetrol, 18.Feb.2020) â Ecopetrol S.A. announces that on February 25, 2020 after market close, it will release its financial and operating results for the fourth […]
Talos Energy Announces 2020 Operating Guidance
(Talos 18.Feb.2020) â Talos Energy Inc. announced full year 2020 operating and financial guidance. The Company also announced that it expects to close the previously […]
Geronimo And Basin Electric Power Announce Deal
(Geronimo 18.Feb.2020) â Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced execution of a Power Purchase Agreement (PPA) for […]
Frontera Reports Growth In Value Of Reserves
(Frontera, 18.Feb.2020) â Frontera Energy Corporation announced the results of its annual independent reserves assessment and provided notice of fourth quarter and full year 2019 […]
FPSO Brasil Congress Returns To Rio De Janeiro
(FPSO Network, 18.Feb.2020) â Following 2 successful events since 2018, the FPSO Brasil Congress, taking place on 25 â 27 May 2020 is returning to […]
Trinidad And Barbados Sign Unitization Agreement
(Office of the PM of Trinidad and Tobago, 17.Feb.2020) â Prime Minister of the Republic of Trinidad and Tobago, Dr the Hon. Keith Rowley and […]
Eni Announces New Oil Find Offshore Mexico
(Eni, 17.Feb.2020) â Eni announces a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep water of the Cuenca […]
PDVSA Seeks Buyers For 677 Mb/d Of February Crude
(S&P Global Platts, 14.Feb.2020) â Venezuela’s state owned PDVSA has 677,000 b/d of crude available to sell for February, but no buyers because of US […]
PDVSA Steps Up Shipments To Cuba
(Reuters, 14.Feb.2020) â Venezuelaâs state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened […]
Chavezâs Legacy Oil Hasn’t Been Broken?
(The Globe and Mail, 13.Feb.2020) â In terms of its trademark nationalist approach to its economy â the crown jewel of which has long been […]
Petrobras Request Withdraw Of Governance Program
(Petrobras, 13.Feb.2020) â Petrobras, following up on the release dated 29 January 2020, reports that its request to withdraw from the Corporate Governance Program for […]
Looney’s New Course For BP With Climate Targets
(WoodMac, 12.Feb.2020) â Speaking after BPâs new chief executive Bernard Looney unveiled the majorâs ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: […]
Guyana To Export First Share Of Oil-Official
(Reuters, 12.Feb.2020) â Guyana is getting ready to export in the coming days the first cargo of Liza crude entitled to the government as share […]
Ask No Questions, Tell No Lies
(Argus, 11.Feb.2020) â Juan Guaido is finally returning to Caracas today, with a vow to dislodge the âusurperâ so he and his team of exiles […]
Petrobras On Arbitration Involving Sete Brasil
(Petrobras, 11.Feb.2020) â Petrobras informs about a favorable arbitration award to the company, which rejected a claim made by an investor in Sete Brasil ParticipaçÔes […]
Noble Announces Deal With ExxonMobil
(Noble, 11.Feb.2020) â Noble Corporation plc and ExxonMobil today announced the execution of a unique commercial enabling agreement for drilling services in the Guyana-Suriname Basin. […]
Citgo Names Jack Lynch As Chief Compliance Officer
(Citgo, 11.Feb.2020) â Citgo Petroleum Corporation announced the appointment of Jack Lynch as the companyâs new Chief Compliance & Ethics Officer. Lynch will continue to […]
Petrobras Hits New Production Record
(Reuters, 10.Feb.2020) â Brazilâs Petrobras hit a new production record in the fourth quarter, of over 3 million barrels of oil equivalent per day (boepd), […]
Petrobras To Hire Emergency Workers
(S&P Global Platts, 10.Feb.2020) â Brazilian state-led oil company Petrobras was cleared by a local labor court judge to hire emergency workers to maintain operations […]
Fact Box: Atlantic LNG Trains
(Atlantic LNG, 10.Feb.2020) â Over our years of expansion, between 1999 – 2005, we first tripled the capacity of Train 1 with Trains 2 and […]
US Imports Of Russian Residue Complicate Venezuela Sanctions
(Argus, 10.Feb.2020) â US Gulf Coast refiners have been increasing their imports of a crude oil residue from Russia in response to both sanctions on […]
Guyana Aims To Agree To Oil Prices With Exxon
(Reuters, 10.Feb.2020) â Guyana is aiming to complete talks with the Exxon Mobil Corp-led consortium producing oil off its coast over crude pricing, lifting costs, […]
Brazil Oil Strike Drags Into Second Week
(S&P Global Platts, 10.Feb.2020) â A indefinite strike by oil workers in Brazil is dragging on despite local labor court rulings classifying the work action […]
Trinidad Energy Conference 2020: Photojournalism
(Energy Analytics Institute, Ian Silverman, 10.Feb.2020) â Select photos from the Trinidad and Tobago Energy Conference 2020 hosted by the Energy Chamber of Trinidad and […]
Oceaneering Awarded Well Intervention Contract By BP
(Oceaneering, 10.Feb.2020) â Oceaneering International, Inc. announced the award by units of BP p.l.c., of a contract to provide comprehensive riserless light well intervention (RLWI) […]