(Energy Analytics Institute, Ian Silverman, 10.Feb.2020) — 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) — Oceaneering International, Inc. announced the award by units of BP p.l.c., of a contract to provide comprehensive riserless light well intervention (RLWI) […]
Storage Constraints Prompt PdV To Consider Oil Pits
(Argus, 28.Feb.2020) — Venezuela’s PdV has exhausted its storage capacity and is now considering digging open-air pits to hold swelling stocks that US sanctions are […]
Rowley Comments On Loran-Manatee Deal
(Office of the PM of Trinidad and Tobago, 7.Feb.2020) — Trinidad and Tobago’s Prime Minister the Honourable Keith Rowley provided details related to the agreement […]
Petrobras Reveals Fertilizer Plant Teaser
(Petrobras, 7.Feb.2020) — Petrobras has started the opportunity disclosure stage (teaser), regarding the sale of all its equity stake in its Nitrogen Fertilizer Unit III […]
PPGPL Acquires Twin Eagle’s Marketing Assets
(PPGPL, 7.Feb.2020) — Phoenix Park Gas Processors Limited announced its acquisition of a US entity. Effective February 1, 2020, PPGPL through its wholly owned US […]
Ecopetrol And Shell To Develop Caribbean Gas
(Ecopetrol, 7.Feb.2020) — Ecopetrol S.A. and Shell, through its subsidiary Shell EP Offshore Ventures Limited, signed an agreement whereby Shell will acquire a 50% stake […]
Touchstone’s Cascadura Confirms Liquids Discovery
(Touchstone, 6.Feb.2020) — Touchstone Exploration Inc. announced flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confirming that the well is […]
Canadian Solar Acquires 47.5 MWp Portfolio In Chile
(Canadian Solar, 6.Feb.2020) — Canadian Solar Inc. announced the acquisition of a 47.5 MWp portfolio of solar projects under development in Chile. These projects will […]
Petrobras Announces Pricing Of BNDES Offering
(Petrobras, 6.Feb.2020) — Petrobras announced that on February 5, 2020, it priced the global offering by Banco Nacional de Desenvolvimento Econômico e Social – BNDES […]
Bolsonaro Ready To Ax Fuel Taxes
(Reuters, 6.Feb.2020) — Brazil’s President Jair Bolsonaro said he is prepared to eliminate federal fuel taxes if state governors eliminate the “ICMS” state tax on […]
Mexico Spent $1.37 Billion On Oil Hedge
(Reuters, 6.Feb.2020) — Mexico spent more than 25 billion pesos ($1.37 billion) on its 2020 oil hedging program, the country’s finance ministry confirmed on Wednesday […]
Banks Willing To Invest In Renewables
(Trinidad Newsday, 6.Feb.2020) — Caribbean banks are well aware of the potential for investing in renewable energy across the region. What is required, however, is […]
Frontera Announces Discovery In Colombia
(Frontera, 6.Feb.2020) — Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint […]
PetroEcuador Renegotiates Deal With Asia’s PTT
(Energy Analytics Institute, Piero Stewart, 21.Feb.2020) — Empresa Pública PetroEcuador completed negotiations with Thailand state-owned company PTT International Trading PTE. LTD. related to reprogrammed 6,480,000 […]
Watchdog: Exxon Guyana Deal ‘Exploitative’
(Forbes, 5.Feb.2020) — As ExxonMobil kicks off production on the world’s largest emerging oil projects, debate has intensified over the terms of contracts signed between […]
BPTT: Matapal, Cassia C On Track
(BPTT, 5.Feb.2020) — BPTT’s Matapal and Cassia C projects are on track, according to Project General Manager Michael Daniel. Daniel gave an update on BPTT’s […]
Beyond The Dragon Deal
(Trinidad Newsday, 5.Feb.2020) — One of the biggest lessons we can take away from the pausing of the landmark cross-border agreement between TT and Venezuela […]
McDermott Awarded Large Trinidad Project By BHP
(McDermott, 5.Feb.2020) — McDermott International, Inc. has been awarded a large* contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation […]
Russia Sends Lavrov To Venezuela
(Reuters, 4.Feb.2020) — Russian Foreign Minister Sergei Lavrov will visit Venezuela on Friday in a show of support for President Nicolas Maduro, a socialist who […]
Trinidad To Develop Natural Gas From Manatee Field
(Office of the PM of Trinidad and Tobago, 4.Feb.2020) — The Government will independently develop the natural gas from the Loran-Manatee field on Trinidad and […]
Petrobras Starts Binding Phase For Uruguay Assets
(Petrobras, 4.Feb.2020) — Petrobras, following up on the press release disclosed on 17 February 2020, informs the beginning of the binding phase related to the […]
Petrobras On Payment Of Interest On Capital
(Petrobras, 3.Feb.2020) — Petrobras informs that will pay, on Friday 7 February 2020, the third and fourth installments of shareholders remuneration for the 2019 fiscal […]
Petrobras Says Sale Model For Gaspetro Not Defined
(Petrobras, 3.Feb.2020) — Petrobras, in relation to the news published in the media, concerning the sale of its 51% stake in Petrobras Gás SA (Gaspetro), […]
Petrobras Starts Teaser For Papa-terra Field
(Petrobras, 3.Feb.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake of the Papa-terra field, located in […]
Trinidad Cancels Gas Deal Over US Sanctions
(Aljazeera, 3 Feb 2020) — Trinidad and Tobago has cancelled an agreement with Venezuela for the joint development of a natural gas field straddling their […]
Petrobras’ Pará-Maranhão Basin Teaser
(Petrobras, 3.Feb.2020) — Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of part of its equity interest in […]
Ecopetrol Reports Changes To Accounting Classification
(Ecopetrol, 3.Feb.2020) — Ecopetrol S.A. reports that having completed all legal and accounting analyses regarding the ruling issued by the Supreme Court of Justice dated […]
Petrobras Gives Details On 2019 Annual Results
(Petrobras, 3.Feb.2020) — Petrobras reports that on February 10, after market closes, the company will release its quarterly production and sales report for 4Q19 and […]
YPF Signs Preliminary Deal With Equinor And Shell
(Reuters, 31.Jan.2020) — Oil firms Equinor and Shell have signed a preliminary agreement with Argentina state energy firm YPF to acquire an additional 11% participation […]
Equinor Strengthens Presence In Vaca Muerta
(Equinor, 31.Jan.2020) — Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore […]
Schlumberger Completes Sale Of Bandurria Sur
(Schlumberger, 31.Jan.2020) — Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in Neuquén, Argentina to […]
ExxonMobil Makes Fresh Guyana Discovery
(Petroleum Economist, 31.Jan.2020) — Guyanese offshore success in recent years has become almost synonymous with US giant ExxonMobil—the hot streak of oil discoveries achieved in […]
Plans For An Ecuadorian LNG Terminal
(Sycar, 31.Jan.2020) — SYCAR LLC is working with a mayor LNG Trading firm for the development of a LNG import terminal for Ecuador, South America. […]
Petrobras Releases Wind Power Plant Teaser
(Petrobras, 31.Jan.2020) — Petrobras has started the opportunity disclosure stage (teaser), regarding the sales of all of its equity stakes in the companies Eólica Mangue […]
Petrobras Starts Refinery Binding Phase
(Petrobras, 31.Jan.2020) — Petrobras, following up on the press release disclosed on 10/24/2019, informs the beginning of the binding phase related to the sale of […]
Ecopetrol Endorses Initiative To Eliminate Gas Flaring
(Ecopetrol, 30.Jan.2020) — Ecopetrol has adhered to the Bank World-let initiative called “Zero Routine Flaring by 2030”, whose goal is to eliminate the routine flaring […]
Argentina Extends Diesel, Gasoline Frice Freeze
(Argus, 30.Jan.2020) — Argentina’s government said Thursday it has extended a freeze on diesel and gasoline prices until the end of February, as it tries […]
Trinidad And Tobago Energy Conference 2020
(Energy Chamber, 30.Jan.2020) — The Trinidad and Tobago Energy Conference is the major annual conference of the energy sector in Trinidad and Tobago. The conference […]
Equinor Awards FEED Contract For Bacalhau Field
(Schlumberger, 30.Jan.2020) — Schlumberger announced an award to Subsea Integration Alliance of an exclusive contract by Equinor for the front-end engineering design (FEED) on its […]
MODEC Inks Deal By Equinor For FPSO For Brazil Field
(Modec, 30.Jan.2020) — Modec Inc. has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, to supply […]
YPF Deepens Partnership With Equinor And Shell
(Energy Analytics Institute, Aaron Simonsky, 31.Jan.2020) — The presidents of YPF, and European companies Equinor and Shell meet to discuss the scope of signed agreements […]
MODEC Moves On With FPSO Charter For Marlim Field
(MODEC, 30.Jan.2020) — MODEC, Inc. (“MODEC,” head office: Chuo-ku, Tokyo; President & CEO: Yuji Kozai), Mitsui & Co., Ltd. (“Mitsui,” head office: Chiyoda-ku, Tokyo; President […]
Equinor Awarded Brazilian Contracts
(Equinor, 30.Jan.2020) — Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early […]
Guyana’s Burgeoning Oil Wealth Kindles Contract Row
(S&P Global Platts, 30.Jan.2020) — ExxonMobil’s growing oil discoveries offshore Guyana are amplifying domestic calls for a review of production-sharing contract terms on the eve […]
Petrobras’ Proved Reserves Fall Slightly In 2019
(Petrobras, 29.Jan.2020) — Petrobras discloses that its proved oil, condensate and natural gas reserves according to SEC (US Securities and Exchange Commission) regulation were estimated […]
Petrobras On Collective Action In The Netherlands
(Petrobras, 29.Jan.2020) — Petrobras, further to the press release dated September 19, 2018, announces that the District Court of Rotterdam (the Court) today considered some […]
Petrobras Approves New Board Member
(Petrobras, 29.Jan.2020) — Petrobras reports that its Board of Directors, in a meeting held today, approved the appointment of Mrs. Maria Cláudia Guimarães for the […]
Petrobras On Corporate Governance Program
(Petrobras, 29.Jan.2020) — Petrobras reports that it has requested today its withdrawal from the Corporate Governance Program for State-Owned Companies of B3 (Program). Petrobras’ adhesion […]
Pemex’s Romero Pushes For Control Over Zama
(Reuters, 29.Jan.2020) — Mexico’s state oil company Petroleos Mexicanos wants operational control over a major offshore oil area discovered by a consortium of private companies […]