Colombia Eyes Oil Round

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(Reuters, Julia Symmes Cobb and Luis Jaime Acosta, 26.Sep.2019) — Colombia hopes to sign 20 contracts for oil exploration and production rights in its coming […]

Guaido IDB Envoy Hausmann Resigns Post

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(Argus, 26.Sep.2019) — Venezuela’s parallel administration headed by opposition leader Juan Guaido has lost its most prominent figure, former planning minister and Harvard professor Ricardo […]

IEnova Inks Solar Deal With Liverpool And Circle K

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(Sempra, 26.Sep.2019) — Sempra Energy announced that its Mexican subsidiary, Infraestructura EnergĂ©tica Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), has signed two 15-year clean energy […]

Guyana Elections And First Oil

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(Argus, 26.Sep.2019) — Guyana will hold parliamentary elections on 2 March 2020, around the time that ExxonMobil plans to launch offshore oil production that promises […]

Pemex Announces Early Participation Results

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(Pemex, 26.Sep.2019) — PetrĂłleos Mexicanos (PEMEX) announced the early participation results of (a) its offers to exchange any and all of its outstanding series of […]

Petrobras’ Strategic Revision

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(Petrobras, 26.Sep.2019) — Petrobras reports that its Board of Directors approved, at a meeting held yesterday, the update of the Vision, Purpose and Strategies for […]

Guyana Must Learn To Use Its Riches

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(Upstream, Gareth Chetwynd, 26.Sep.2019) — As development on Guyana’s Stabroek block continues apace, it is worth considering that the Liza development took form in an […]

Eco (Atlantic) Reports Director Dealing

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(Eco Atlantic, 26.Sep.2019) — Eco (Atlantic) Oil & Gas Ltd. notified that Gil Holzman, Chief Executive Officer and a Director of the Company, acquired 33,865 […]

Low Coal Prices To Impact Colombia’s Wallet

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(Reuters, Julia Symmes Cobb, Nelson Bocanegra, 26.Sep.2019) — Colombia, the world’s fourth-largest exporter of coal, faces a potential spending crunch in 2020 as royalties from […]

Petrobras’ Offers Voluntary Severance Program

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(Petrobras, 26.Sep.2019) — Petrobras reports that it has approved a new Voluntary Severance Program (“PDV”) exclusively for employees working in the company’s corporate segment. The […]

Petrobras Complete Bookbuilding Procedure

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(Petrobras, 25.Sep.2019) — Petrobras, following the press release issued on July 23, 2019, reports that the bookbuilding procedure of the 7th issuance of simple, non-convertible, […]

LatAm Pledges 70% Renewable Energy

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(Reuters, Valerie Volcovici, 25.Sep.2019) — Latin American countries have set a collective target of 70% renewable energy use by 2030, more than double what the […]

US Press Secretary Statement On Venezuela

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(White House Press Secretary, 25.Sep.2019) — Today, President Donald J. Trump and other United States officials hosted leaders from Western Hemisphere countries to discuss the […]

Venezuela Oil Exports To Cuba Rising: Sources

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(Reuters, Mircely Guanipa and Marianna Parraga, 25.Sep.2019) — Venezuelan state oil company PDVSA ordered an increase in exports to ally Cuba to ease fuel shortages […]

US Actions Against Entities Assisting Venezuela

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(US Treasury, 24.Sep.2019) — On September 24, the United States designated four companies that operate in Venezuela’s oil sector as sanctioned, and identified as blocked […]

Maduro Hopes Putin Will Offer More Than Words

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(FT.com, Michael Stott and Henry Foy, 24.Sep.2019) — Threats of military invasion, sweeping economic sanctions, people power, recognition of a rival government, even an attempted […]

JinkoSolar To Supply 300 MW To Project In Spain

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(JinkoSolar, 24.Sep.2019) — JinkoSolar Holding Co., Ltd. signed a module supply contract with METKA EGN, a world-class EPC contractor, for 300 MW of JinkoSolar’s ultra-high […]

Maduro Plots Assembly Grab, Oil-For-Food Floated

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(Argus, 24.Sep.2019) — Venezuelan opposition leader Juan Guaido’s constitutional claim to the Opec country’s interim presidency could be undermined by today’s tumultuous return of the […]

OWTU To Buy Petrotrin Refinery

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(Argus, 23.Sep.2019) — Trinidad and Tobago’s government agreed to sell its mothballed 160,000 b/d Pointe-a-Pierre refinery to a company partly owned by the oil workers’ […]

Pemex Says Debt Reduced By $5.0058bn

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(Pemex, 23.Sep.2019) — Today, PetrĂłleos Mexicanos (Pemex) successfully finalized an early debt payment operation. This operation was announced on September 12, and consisted on using […]

Petrobras Reports Mooring Incident At P-50

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(Petrobras, 23.Sep.2019) — Petrobras reports that platform P-50, located in the Campos Basin, in the Albacora Leste field, had its production preemptively halted on Sunday […]

PDVSA’s Amuay Refinery Knocked Offline

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(Argus, 20.Sep.2019) — A fire overnight disrupted limited operations at the 635,000 b/d Amuay oil refinery, the only one of Venezuelan state-owned PdV’s domestic crude-processing […]

Pemex Personnel Takes Part In National Quake Drill

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(Pemex, 19.Sep.2019) — For the commemoration of the National Civil Protection Day, management and operating personnel at various PetrĂłleos Mexicanos (Pemex) facilities in the country […]

IFC And FRV Secure Financing For Potrero Solar

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(IFC, 18.Sep.2019) — The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy […]

Petrobras Updates On Provisioning

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(Petrobras, 18.Oct.2019) — Petrobras informs that, within its ongoing process of contingencies assessment, it will provision R$ 3.2 billion as a result of: (i) litigation […]

PDVSA Halts Blending At PetroPiar JV

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(Argus, 16.Sep.2019) — Venezuela’s national oil company PdV has suspended crude blending at its 210,000 b/d PetroPiar joint venture with Chevron because of storage constraints, […]

Petrobras Maintains Prices

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(Reuters, Gram Slattery and Marta Nogueira, 16.Sep.2019) — – Brazilian President Jair Bolsonaro and Petrobras said on Monday the oil firm was not planning to […]