Energy Analytics Institute (EAI)

YPF Nationalization Trial To Continue In The U.S.

(Energy Analytics Institute, Aaron Simonsky, 24.Jun.2019) — The U.S. Supreme Court of Justice dealt another blow to the strategy of the government of Argentina’s President […]

ReneSola And X-Elio To Develop Solar Projects

(ReneSola, 24.Jun.2019) — ReneSola Ltd entered into a development service agreement with X-Elio North America, a subsidiary of X-Elio, a Madrid, Spain-based company specialized in […]

Moody’s Assigns B2 Rating To YPF’s Proposed 2029 Notes

(Moody’s 24.Jun.2019) — Moody’s Investors Service (“Moody’s”) has assigned a B2 rating to YPF Sociedad Anonima’s (YPF) proposed senior unsecured notes due 2029. The issuance […]

Venezuela’s Oil Crisis Affects Colombian Black Markets

(Reuters, Joshua Collins, 24.Jun.2019) — The business was just as lucrative as trafficking cocaine. When criminal gangs sold undocumented fuel on the black market in […]

LatAmNRG Ecuador Briefs: Quito Gasoline, Russia’s Tyazhmash To Finish Project

(Energy Analytics Institute, Piero Stewart, 22.Jun.2019) — LatAmNRG briefs related to OPEC member country Ecuador and gasoline prices in Quito, recycled waste imports, Russian company […]

The End Of Mexico’s Rigorous Energy Reform

(Oilprice.com, Tsvetana Paraskova, 22.Jun.2019) — Mexican President Andrés Manuel López Obrador has been a vocal critic of the energy reform of his predecessor Enrique Peña […]

Opinion: Two Decades Of 21st Century Socialism In Venezuela

(Energy Analytics Institute, Pietro D. Pitts, 22.Jun.2019) — New data from BP’s Statistical Review of World Energy (2019) provides two 10-year periods of study, which […]

Guyana Election Heightens Political Risk For Operators

(Energy Voice, Ryan Stevenson, 21.Jun.2019) — Guyana is due to hold a general election later this year that could have a significant bearing on the […]

Trinidad’s Atlantic Resumes LNG Production

(Argus, 21.Jun.2019) — Trinidad and Tobago’s LNG producer Atlantic resumed operations today at its four-train 14.8mn t/yr liquefaction facility after a five-day shutdown caused by […]

Petrobras Updates On $700mn Vantage Payment

(Petrobras, 21.Jun.2019) — Petrobras, following up on the release of May 17, 2019, hereby informs that its subsidiaries paid today the amount of approximately US$700 […]

BPs’s Statistical Review Of World Energy, Edition 2019

(BP, 21.Jun.2019) — BP released its Statistical Review of World Energy, edition 2019, which provides a timely and objective insight into those developments and how […]

Mexico To Cut Pemex’s Profit-Sharing Duty To 54%

(Platts, Daniel Rodriguez, 21.Jun.2019) — The Mexican government will cut Pemex’s profit-sharing duty, known as DUC, to 54% by 2021 from the current 65%, the […]

GeoPark Withdraws Request For Drilling Permit In Peru

(Reuters, Maria Cervantes, 20.Jun.2019) — GeoPark has withdrawn its request for an environmental permit to begin drilling for crude in the Peruvian Amazon amid protests […]

JinkoSolar Supplies 351 MW To Asia Pacific PV Projects

(JinkoSolar, 20.Jun.2019) — JinkoSolar Holding Co., Ltd. announced it has supplied Power Construction Corporation of China with 351MW of solar modules, which were installed at […]

TPHL Announces Extension Of Expiration Date

(TPHL, 20.Jun.2019) — Trinidad Petroleum Holdings Limited (TPHL) announced that the expiration date has been extended until 5:00 p.m., New York City time, on June […]

Petrobras Starts Liquigás Binding Divestment Phase

(Petrobras, 20.Jun.2019) — Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of Liquigás Distribuidora […]

Pemex: New Refinery Environmentally Viable

(Reuters, David Alire Garcia, 19.Jun.2019) — Mexican President Andres Manuel Lopez Obrador’s push to build a new oil refinery involves high risks of flooding and […]

Gran Tierra Shuts Production In Putumayo

(Gran Tierra, 19.Jun.2019) — Gran Tierra Energy Inc. announced an operations update regarding activities and results during second quarter 2019 to date. All dollar amounts […]

US Seeks Info From Guaido’s Ad-hoc Citgo Board

(Reuters, 19.Jun.2019) — An ad-hoc board of directors for U.S. oil refiner Citgo, named by Venezuelan opposition leader Juan Guaido, said on Wednesday it has […]

Echo Completes Tapi Aike Seismic Acquisition

(Echo, 19.Jun.2019) — Echo Energy plc announced completion of the 3D seismic survey across the western cube on its Tapi Aike licence in Argentina and […]

Fuel Crisis Denting PdV Upstream Operations

(Argus, 18.Jun.2019) — Venezuela’s severe motor fuel deficit is starting to weigh on the Opec country’s crude production, as oil workers struggle to reach their […]

Mozambique LNG Under Starter’s Orders

(WoodMac, 18.Jun.2019) — US independent Anadarko Petroleum today formally sanctioned its Mozambican liquefied natural gas (LNG) project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG […]

Oceaneering Awarded Contract In Mozambique

(Oceaneering, 18.Jun.2019) — Oceaneering International, Inc announced that it has been awarded a contract by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of […]

Anadarko Announces Mozambique LNG FID

(Anadarko, 18.Jun.2019) — Anadarko Petroleum Corporation and the co-venturers in Mozambique’s Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area […]

Canada’s Gulf Coast Exports Up As Venezuela Gap Filled

(Reuters, Collin Eaton, 18.Jun.2019) — Heavy crudes have poured into the United States this spring, offsetting the loss of Venezuelan oil and producing a mini-surplus, […]

JinkoSolar Supplies 258MW Solar Modules In Vietnam

(JinkoSolar, 17.Jun.2019) — JinkoSolar Holding Co., Ltd. announced it has supplied Trung Nam Group with 258MW of monocrystalline PERC double glass modules which were installed […]

“We Don’t Know Anything Yet” About The Power Outage, Lopetegui Says

(Energy Analytics Institute, Aaron Simonsky, 17.Jun.2019) — Regarding a power outage that affected Argentina and Uruguay on 16 June, Argentina’s Energy Secretariat Gustavo Lopetegui said: […]

Petrobras Clarifies Natgas Find In Sergipe Basin

(Petrobras, 17.Jun.2019) — Petrobras, regarding the news published in the media, related the discovery of natural gas in the Sergipe Basin, clarifies that, in recent […]

Japan’s Inpex And Indonesia Sign HoA On Masela Project

(WoodMac, 17.Jun.2019) — Woodmac Research Director Andrew Harwood commented on the announcement of INPEX signing a HoA with the Indonesian government on the Masela project. […]

Matamoros Turbine Plant To Supply U.S., LatAm Projects

(Chron.com, Sergio Chapa, 17.Jun.2019) — Wind turbine blades that are now being made in the Mexican border town of Matamoros will soon find themselves installed […]

Power Returns After Blackout In Argentina And Uruguay

(Reuters, 16.Jun.2019) — Power returned to much of Argentina and two neighbouring countries following a massive blackout that left tens of millions in the dark […]

Argentina And Uruguay Scramble To Restore Power

(Reuters, Adam Jourdan and Eliana Raszewski, 16.Jun.2019) — Argentina and Uruguay were scrambling to restore power to millions of people after a massive power failure […]

Power Failure Cuts Power To All Of Argentina And Uruguay, Supplier Says

(BBC, 16.Jun.2019) — A massive electrical failure has left all of Argentina and Uruguay without power, according to a major Argentine electricity provider. Reports said […]

CBHE President: Export Volumes Don’t Determine Profitability

(Energy Analytics Institute, Aaron Simonsky, 16.Jun.2019) — An agreement signed between Bolivia and Paraguay, to carry out a study aimed at building a binational gas […]

Ad Hoc PDVSA Board Suggest Jamaica Suspending Petrojam Takeover

(Energy Analytics Institute, Piero Stewart, 16.Jun.2019) — The ad hoc administrative board of Petróleos de Venezuela (PDVSA) appointed by interim Venezuelan president Juan Guaidó requested […]

ANH Reveals Details Of Initial 11 PPAA Proposals

(ANH Colombia, 14.Jun.2019) — Colombia’s National Hydrocarbons Agency (ANH) reveals the initial proposals of the seven individual companies and the consortium that start the bid […]

Argentina And Uruguay To Advance Salto Grande Project

(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — The first phase of the joint development plan between Argentina and Uruguay to renovate the Salto Grande Bi-national […]

Brazil Cities Paralysed As Bolsonaro Faces Strike

(AFP, 14.Jun.2019) — A nationwide strike called by Brazil’s trade unions disrupted public transport and triggered road blocks in parts of the country Friday, ahead […]

Argentina Eyes Exporting Oil In 2020, Lopetegui Says

(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui highlighted investments announced by Exxon Mobil destined for the massive development the Bajo […]

Sixth Vaca Muerta Executive Board Meeting In Neuquén

(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — The 6th Vaca Muerta Executive Board meeting took place 14 June in Neuquén in the presence of the […]

Schneider Electric Launches 1st U.S. Smart Factory

(Schneider, 13.Jun.2019) — Schneider Electric launched the first Smart Factory in the U.S. to demonstrate in real time how its EcoStruxure architecture and related suite […]

Mexican Oil Regulator Cancels October Tender To Pick Pemex Partners

(Reuters, 13.Jun.2019) — Mexico’s oil regulator announced on Thursday the cancellation of October auctions to pick joint-venture partners in seven onshore areas for state oil […]

ExxonMobil Moving Forward With Vaca Muerta Expansion

(Exxon, 13.Jun.2019) — ExxonMobil is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block. The project is expected to produce up […]

Renewables Can Benefit The Upstream Business: WoodMac

(WoodMac, 12.Jun.2019) — One of the hottest topics at APPEA was how to use renewables to benefit an upstream business, rather than replace it. At […]

Irving-Texas’ ExxonMobil Decides To Develop Argentina’s Oil Block

(Zacks, 12.Jun.2019) — Exxon Mobil Corporation XOM recently announced its decision to develop an oil project in Argentina. The long-term project will be conducted in […]

Poland’s PGNiG And Venture Global LNG To Acquire 1.5 MTPA Of LNG

(Venture Global, 12.Jun.2019) — In connection with the state visit of The President of Poland, Andrzej Duda to Washington D.C., the Polish Oil and Gas […]

NYSE Issues Continued Listing Standard Notice To Pioneer Energy Services

(Pioneer, 12.Jun.2019) — Pioneer Energy Services announced that it has been notified by the New York Stock Exchange (NYSE) that its common stock does not […]

Total, Shell, Petrobras Launch Mero 2 Project Offshore Brazil

(Chron.com, Jordan Blum, 12.Jun.2019) — The Libra Consortium led by Petrobras, Royal Dutch Shell and Total said they’ve authorized construction of the multibillion-dollar Mero 2 […]

Chile’s Comodoro Airport In Santiago To Run On Solar Energy

(Xinhua, 11.Jun.2019) — Photovoltaic panels will be installed to employ solar energy at Santiago’s Comodoro Arturo Merino Benitez International Airport, said Lucas Palacios, Chile’s vice […]

Libra Consortium Takes FDI On Mero-2 FPSO In Brazil’s Pre-Salt

(Shell, 11.Jun.2019) — Libra Consortium announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at […]