(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) […]
Storage Constraints Prompt PdV To Consider Oil Pits
(Argus, 28.Feb.2020) â 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) â Trinidad and Tobagoâs Prime Minister the Honourable Keith Rowley provided details related to the agreement […]
Petrobras Reveals Fertilizer Plant Teaser
(Petrobras, 7.Feb.2020) â 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 Eagleâs Marketing Assets
(PPGPL, 7.Feb.2020) â 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) â 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) â 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) â 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) â Petrobras announced that on February 5, 2020, it priced the global offering by Banco Nacional de Desenvolvimento EconĂŽmico e Social â BNDES […]
Bolsonaro Ready To Ax Fuel Taxes
(Reuters, 6.Feb.2020) â 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) â 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) â 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) â 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) â Empresa PĂșblica PetroEcuador completed negotiations with Thailand state-owned company PTT International Trading PTE. LTD. related to reprogrammed 6,480,000 […]
Watchdog: Exxon Guyana Deal âExploitativeâ
(Forbes, 5.Feb.2020) â As ExxonMobil kicks off production on the worldâs largest emerging oil projects, debate has intensified over the terms of contracts signed between […]
BPTT: Matapal, Cassia C On Track
(BPTT, 5.Feb.2020) â BPTTâs Matapal and Cassia C projects are on track, according to Project General Manager Michael Daniel. Daniel gave an update on BPTTâs […]
Beyond The Dragon Deal
(Trinidad Newsday, 5.Feb.2020) â 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) â 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) â 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) â 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) â 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) â 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) â Petrobras, in relation to the news published in the media, concerning the sale of its 51% stake in Petrobras GĂĄs SA (Gaspetro), […]
Petrobras Starts Teaser For Papa-terra Field
(Petrobras, 3.Feb.2020) â 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) â Trinidad and Tobago has cancelled an agreement with Venezuela for the joint development of a natural gas field straddling their […]
Petrobras’ ParĂĄ-MaranhĂŁo Basin Teaser
(Petrobras, 3.Feb.2020) â 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) â 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) â 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) â 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) â 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) â Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in NeuquĂ©n, Argentina to […]
ExxonMobil Makes Fresh Guyana Discovery
(Petroleum Economist, 31.Jan.2020) â Guyanese offshore success in recent years has become almost synonymous with US giant ExxonMobilâthe hot streak of oil discoveries achieved in […]