Rosneft Grapples With Unsold Venezuelan Oil

(Michelle Wiese Bockmann, 12.Nov.2019) — Rosneft’s trading arm is vital to Venezuelan crude sales as Chinese refiners shun direct purchases since the US administration tightened […]

Pampa EnergĂ­a 3Q:19 Results

(Pampa Energia, 11.Nov.2019) — Pampa EnergĂ­a S.A. announced the results for the nine-month period and quarter ended on September 30, 2019. The Company adopted the […]

Petrobras Delists From Argentine Stock Exchange

(Petrobras, 11.Nov.2019) — Petrobras, following communications disclosed on 08/09/2019, 10/04/2019 and 11/04/2019, reports that it proceeded to the withdrawal of the public offering regime in […]

Pemex Says Operations Normal

(Pemex, 11.Nov.2019) — In the light of the tidal wave of false rumors and press releases, articles and social media posts that claim there was […]

Pampa Energia Sets 3Q:19 Conference Call Date

(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2019) — Pampa EnergĂ­a S.A. announced it will host a conference call to discuss the company’s Q3 19 results on […]

YPF Loads 1st Commercial LNG Cargo

(Reuters, Jessica Jaganathan and Ekaterina Kravtsova, 8.Nov.2019) — Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export […]

Petrobras Holds Extraordinary Conf. Call

(Petrobras, 8.Nov.2019) — Brazil’s state oil company Petrobras conducted a conference call to discuss recent details related to recent bid rounds in Brazil. Operator: Good […]

Petrobras Receives Final Offer For LiquigĂĄs

(Petrobras, 7.Nov.2019) — Petrobras reports that, as part of the competitive process for divestment of its entire shareholding in LiquigĂĄs Distribuidora S.A., the group comprised […]

ExxonMobil To Take 1st MMbbls Of Oil

(Guyana Times, 7.Nov.2019) — With oil production expected to begin later this month, ExxonMobil will be getting the first shipment of oil, while Guyana will […]

Brazil’s Pre-salt Encore Flops

(Argus, 7.Nov.2019) — Brazil’s pre-salt auction today mirrored the lackluster results from yesterday’s much-hyped Transfer of Rights offer, raising questions about bonus pricing, the appeal […]

Ecopetrol Finds Oil In GOM Deep Waters

(Ecopetrol, 7.Nov.2019) — Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement […]

Frontera Announces Quarterly Dividend

(Frontera, 7.Nov.2019) — Frontera Energy Corporation announces that its Board of Directors has declared a dividend of C$0.205 per common share, which will be paid […]

Centaurus Changes OTC Symbol

(Centaurus, 7.Nov.2019) — Centaurus Energy Inc., formerly Madalena Energy Inc., announced that the Financial Industry Regulatory Authority, Inc. (FINRA) approved a change in the company’s […]

Petrobras Buys Aram Block In 6th PSC Bid Round

(Petrobras, 7.Nov.2019) — Petrobras reports that the consortium in which will be the operator, holding 80% of work interest, in partnership with CNODC Brasil PetrĂłleo […]

ANP’s 6th Round Gets R$5.05bn Bid

(ANP, 7.Nov.2019) — The 6th Production Sharing Bidding Round, held today (November 7) by ANP, bid the block Aram in the Santos Basin. The Round […]

Brazil’s PSC Round 6 Disappoints

(WoodMac, 7.Nov.2019) — Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. […]

Brazil Oil Auction A ‘Total Disaster’

(Bloomberg, Sabrina Valle, Peter Millard, and Luiza Ferraz, 6.Nov.2019) — Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petroleo Brasileiro […]

Ecopetrol Updates On Invercolsa Shares

(Ecopetrol, 6.Nov.2019) — Ecopetrol S.A. reports that, as mentioned in certain media and in searches on the Judiciary website, the Colombian Supreme Court of Justice […]

Brazil Tender Disappoints

(Reuters, Gram Slattery, Marta Nogueira, Marianna Parraga, 6.Nov.2019) — Brazil’s biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of […]

TOR Record R$70bn Bonuses

(ANP, 6.Nov.2019) — The Transfer of Rights Surplus Bidding Round, held today (November 6) by ANP, had two of the four areas on offer acquired […]

Petrobras Takes Prize In Brazil’s TOR Round

(WoodMac, 6.Nov.2019) — Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, […]

Petrobras Clarifies Gas Market Agreement

(Petrobras, 5.Nov.2019) — Petrobras clarifies that it has been fully complying with the schedule of commitments made in the agreement signed with the Administrative Council […]

Field Narrows As Brazil Oil Auction Nears

(Reuters, Gram Slattery and Marta Nogueira, 5.Nov.2019) — As Brazil approaches the biggest oil auction in its history — and one of the world’s most […]

McDermott Appoints Chris Krummel As CFO

(McDermott, 5.Nov.2019) — McDermott International, Inc. announced appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. Krummel joined McDermott in […]

Can Guyana Survive Striking It Rich?

(Bloomberg, Mac Margolis, 5.Nov.2019) — Early last month, Guyanese President David Granger was knees-down in a community garden brandishing a spade. Granger was there to plant […]

What A Mammoth Oil Auction Means for Brazil

(Americas Quarterly, Naki Mendoza, 5.Nov.2019) — A pre-salt auction 20 years in the making could have broad repercussions for the economy and Jair Bolsonaro’s government. […]

Flexential Expands To LatAm With Seaborn

(Flexential, 4.Nov.2019) — Flexential announced it is expanding its FlexAnywhere offering, providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, […]

Repsol Lowers Venezuela Exposure

(Argus, 4.Nov.2019) — Spanish integrated firm Repsol further reduced its exposure to its upstream business in Venezuela in the third quarter thanks to a small […]

Maduro Pledges Funds For Shipyard In Argentina

(Reuters, Luc Cohen, 3.Nov.2019) — Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers […]

Brazil Targets Greek Tanker For Spill

(Argus, 1.Nov.2019) — Brazil is targeting a Greek-flagged tanker as the source of a catastrophic oil spill that has spread across the northeastern coast. Federal […]

Petrobras Inks TOR Amendment Agreement

(Petrobras, 1.Nov.2019) — Petrobras, following the press release issued on October 31, 2019, reports that it has signed today the Amendment to the Transfer of […]

Bolsonaro Wants Brazil In OPEC

(AAWSAT, Mosaed al-Zayani, 31.Oct.2019) — Brazil’s President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add […]

Brazil’s $50bn Oil Boom Is Falling Apart

(Oilprice.com Julianne Geiger, 31.Oct.2019) — Exxon may not be interested in stepping up to the bidding plate at Brazil’s massive $50 billion transfer of rights […]

Petrobras On Amendment To TOR Deal

(Petrobras, 31.Oct.2019) — Petrobras in addition to the press release issued on October 23, 2019, reports that the signing of the Amendment to the Transfer […]

Bolsonaro Wants Brazil In OPEC

(Reuters, Stephen Kalin, Rania El Gamal, Alex Lawler, 30.Oct.2019) — Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, […]