(Reuters, Marta Nogueira, 25.Jul.2019) â Karoon Energy Ltd aims to boost production by more than 60% at an oilfield it is purchasing from Petroleo Brasileiro […]
CITGO Foundation Holds Symposium On Venezuelan Health Crisis
(Citgo, 25.Jul.2019) â The SimĂłn BolĂvar Foundation, the 501(c)(3) non-profit, private foundation of CITGO Petroleum Corporation, held an educational and networking event last night for […]
Chevron Call To Chart Venezuela Sanctions
(Argus, 25.Jul.2019) â A US government decision over Chevron’s expiring license to work in Venezuela is the first test of its willingness to ease sanctions […]
Petrobras CEO Says LiquigĂĄs To Be Privatized in August
(Reuters, 25.Jul.2019) â Roberto Castello Branco, chief executive of state oil company PetrĂłleo Brasileiro SA, said during an event on Thursday that LiquigĂĄs is the […]
Vista Oil & Gas Prices Public Offering With NYSE Listing
(Vista, 25.Jul.2019) â Vista Oil & Gas, S.A.B. de C.V. announced today the pricing of the underwritten public offering of the Company’s Series A shares […]
Petrobras Reports On BR Shares Purchase Option
(Petrobras, 25.Jul.2019) â Petrobras, pursuant to article 24 of CVM Instruction 400 of December 29, 2003, as amended, reports that today the over allotment option […]
Petrobras Starts Phase For Sale Of Bahia Fields
(Petrobras, 25.Jul.2019) â Petrobras, following up on the release dated 07/08/2019, announces the beginning of the non-binding phase related to the sale of all its […]
Petrobras Receives R$425mn For Leniency Agreements
(Petrobras, 25.Jul.2019) â Petrobras received this week R$425 million as a result of leniency agreements and repatriations carried out by the Federal Prosecutorâs Office. Thus, […]
Venezuela Opposition Divided Over ‘Oil-For-Food’ Program
(Reuters, Luc Cohen, 25.Jul.2019) â A proposal to modify U.S. oil sanctions on Venezuela to allow crude exports to be bartered for food has divided […]
T&Tâs Lake Asphalt In Overdrive To Diversify
(T&T Newsday, Carla Bridglal, 25.Jul.2019) â For years the board and management of Lake Asphalt TT Ltd knew the company needed to diversify its product […]
Wintershall Dea And ConocoPhillips Team Up In The Prolific Neuquén Basin
(Wintershall, 25.Jul.2019) â ConocoPhillips is a new partner in the Aguada Federal and Bandurria Norte blocks with Wintershall Dea. The two companies will advance the […]
Bristow Finalizes $385mn Backstop Agreement
(Bristow, 25.Jul.2019) â Bristow Group Inc. today announced that, as part of its previously-filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern […]
Core Laboratories Sets Earnings Call Schedule
(Core Laboratories, 24.Jul.2019) â Core Laboratories N.V. scheduled a conference call to discuss Core’s second quarter 2019 earnings announcement. The call will begin at 7:30 […]
Weatherford Awarded Contract With Colombia, South America Operator
(Weatherford, 24.Jul.2019) â Weatherford International plc announced a contract win with a Colombia, South America operator to migrate seven LOWISÂź sites (3,000 wells) to the […]
Petrobras Signs $1.5bn Deals To Sale Shallow Water Assets
(Petrobras, 24.Jul.2019) â Petrobras announces that today it signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, […]
Petrobras Informs CARF’s Decision Related To CIDE
(Petrobras, 24.Jul.2019) â Petrobras said the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding which deals with […]
Petrobras Signs Shallow Water Deals For $1.5bn
(Petrobras, 24.Jul.2019) â Petrobras signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, in the total amount […]
Atacama Bio Launches Algae Astaxanthin
(Atacama Bio, July 24, 2019) â Today, Iquique, Chile-based Atacama Bio Natural Products announced the introduction of NatAxtinâą branded natural astaxanthin available as biomass, oleoresin […]
Core Lab Reports 2Q:19 Results
(Core Laboratories, 24.Jul.2019) â Core Laboratories N.V. reported that continuing operations resulted in second quarter 2019 revenue of $169,000,000. Second quarter 2019 revenue was impacted […]
TechnipFMC Awarded Contract For Arctic LNG 2
(Technip, 23.Jul.2019) â TechnipFMC has been awarded a major(1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 […]
Guaido Says To Protect Chevron Assets In Venezuela
(Reuters, Luc Cohen) â Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corpâs assets in the country if the […]
Big Splash for Deep Blue in Brazil
(TechnipFMC, 23.Jul.2019) â The Deep Blue is making a big splash in Brazil. TechnipFMCâs flagship deepwater pipelay and construction vessel is embarking on a major […]
Petrobras Informs CARF’s Charter Contracts Decision
(Petrobras, 23.Jul.2019) â Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding in the […]
Petrobras Approves Debentures Public Offering
(Petrobras, 23.Jul.2019) â Petrobras, in compliance with the provisions of Instruction no. 358 of January 3, 2002, issued by the Securities and Exchange Commission of […]
Petrobras Prices Offering Of Petrobras Distribuidora (BR)
(Petrobras, 23.Jul.2019) â Petrobras announced today the pricing of the secondary public offering of shares of Petrobras Distribuidora S.A. Petrobrasâs Board of Directors approved today […]
Petrotrin Lies Will End Keith Rowleyâs Reign As PM
(T&T Newsday, Yvonne Webb, 23.Jul.2019) â President General of the Oilfield Workers Trade Union (OWTU) Ancel Roget is predicting that the many lies told about […]
Venezuelaâs Oil Output Collapse: IHS Markit
(Ford Tanner, 23.Jul.2019) â Venezuela’s political crisis remains in stalemate. Escalating oil-sector sanctions imposed by the United States have contributed to massive declines in crude […]
U.S. Sanctions Chinese Oil Buyer On Alleged Violations
(Reuters, 23.Jul.2019) â The United States has sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, […]
BP And Bunge To Create Bioenergy Company
(Bunge, 22.Jul.2019) â Bunge Limited announced an agreement with BP plc to form a 50:50 joint venture that will create a leading bioenergy company (the […]
Constellation Reports New Contract Awards In Brazil
(Constellation, 22.Jul.2019) â Constellation Oil Services Holding S.A. announced three of the Company’s ultra-deepwater (UDW) rigs, Alpha Star, Gold Star, and Lone Star, have been […]
Venezuela Govt Says Blackouts Caused By ‘Electromagnetic Attack’
(Reuters, 22.Jul.2019) â More than half of Venezuelaâs 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout […]
PM Keith Rowley Visits TOFCO With BPTT
(T&T Newsday, Carla Bridglal, 22.Jul.2019) â Prime Minister Dr Keith Rowley visited the TOFCO fabrication yard in La Brea on Friday with BPTT team, led […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) â It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
Petrobras Reports On Bidding To Acquire Pampo And Enchova Poles
(Petrobras, 19.Jul.2019) â Petrobras informs that in the scope of the bidding process for total disinvestment of Petrobras’ interests in Pampo and Enchova Poles in […]
Petrobras Clarifies Fuel Supply For Iranian Vessels
(Petrobras, 19.Jul.2019) â Petrobras clarifies media reports related to the supply of fuel to two Iranian vessels. Petrobras did not provide fuel to the exporting […]
IDB Invest Supports Grupo Bancolombia to Issue the First Sustainable Bond
(IDB, 19.Jul.2019) â IDB Invest, member of the Inter-American Development Bank (IDB) Group, subscribed a bond in its entirety for 657,000 million Colombian pesos with Grupo […]
McDermott Awarded Pre-FEED Contract For Vaca Muerta LNG In Argentina
(McDermott, 19.Jul.2019) â McDermott International, Inc. has been awarded a sizeable* contract by Argentina-based YPF, S.A. to provide pre-front-end engineering design (Pre-FEED) services for a […]
PDVSA Partly Restarts Amuay After Blackout
(Reuters, 18.Jul.2019) â Venezuelan state oil company PDVSA partly restarted activity at its 645,000 barrel-per-day (bpd) Amuay refinery where a blackout halted operations in early […]
Brazil Approves Transfer Of Saturno Stake To Ecopetrol
(Ecopetrol, 18.Jul.2019) â Ecopetrol S.A. said the Ministry of Mines and Energy of Brazil has authorized the transfer of a 10% stake in the Saturno […]
Vista Commences Proposed Public Offering
(Vista, 18.Jul.2019) â Vista Oil & Gas, S.A.B. de C.V. announced commencement of an underwritten public offering of the Company’s Series A shares (the “Series […]
South Americaâs Guyana Enters The Oil Age
(Kevin Ramnarine, 18.Jul.2019) â In February 2017, I captioned an article about the Guyana-Suriname basin, The New North Sea, comparing ExxonMobilâs discoveries in Guyana to […]
Sanctions Squeeze Venezuela’s EHCO Output
(Petroleum Economist, 18.Jul.2019) â Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades. Venezuela’s upgraders have been forced […]
Frontera Expands Colombian Exploration Acreage
(Frontera, 16.Jul.2019) â Frontera Energy Corporation announces the award of the VIM-22 block in addition to LLA-99 block which was previously announced on June 27, […]
Pemex Presents Business Plan 2019-2023
(Pemex, 16.Jul.2019) â In the presence of the president of Mexico, AndrĂ©s Manuel LĂłpez Obrador, the chief executive officer of PetrĂłleos Mexicanos, Octavio Romero Oropeza, […]
Talos Energy To Announce 2Q:19 Results 7 August 2019
(Talos, 16.Jul.2019) â Talos Energy Inc. intends to release second quarter 2019 results for the period ended June 30, 2019 on Wednesday, August 7, 2019 […]
Petrobras Sets Release Dates For 2Q:19 Results
(Petrobras, 16.Jul.2019) â Petrobras, focusing on providing greater transparency in its information, reports that as from this quarter, it will disclose the production and sales […]
Petrobras Announces Early Tender Results
(Petrobras, 16.Jul.2019) â Petrobras announced the early results of its previously announced debt tender offers (the âWaterfall Offersâ). As of 5:00 p.m., New York City […]
Frontera To Host 2Q:19 Conference Call
(Frontera, 16.Jul.2019) â Frontera Energy Corporation plans to announce its second quarter 2019 results will be released after market on Thursday, August 1, 2019 followed […]
Petrobras Starts Non-Binding Phase Asset Sales In Brazil
(Petrobras, 15.Jul.2019) â Petrobras, following up on the release dated 06/28/2019, announces the beginning of the non-binding phase related to the first phase of the […]
Argentina: YPF Will Sell CNG At Its Gas Stations
(PetroPlaza, 15.Jul.2019) â The high production of Vaca Muerta’s field has driven the oil company to enter the Argentinian natural gas market. The high production […]