(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 […]
Petrobras Announces BaĂșna Field Sale Offer
(Petrobras, 15.Jul.2019) â Petrobras informs that in the scope of the competitive sale process for the sale of its entire stake in BaĂșna field (concession […]
Petrobras Reports Naming Of BODs Members
(Petrobras, 15.Jul.2019) â Petrobras reports that its Board of Directors approved the appointment of Mr. Walter Mendes de Oliveira Filho for the position of member […]
Canacol Says Ocarina 1 And Nelson 7 Test At 59 MMcf/d
(Canacol, 15.Jul.2019) â Canacol Energy Ltd. announced results of the Ocarina 1 exploration well located on its 100% operated VIM 5 block, and the flow […]
Colombia: Judge Issues Order For U.S. Oil Executive
(OCCRP, 15.Jul.2019) â A Colombian judge requested on Friday the extradition of an American oil executive who is a suspect in one of the biggest […]
Brazil Gas Plan Seen Luring Naturgy, Engie, Others
(Reuters, 15.Jul.2019) â Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, […]
Vaca Muerta Output Growth Leads To LNG Exports
(EIA, 12.Jul.2019) â Argentinaâs domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the NeuquĂ©n […]
Ecuador Court Ruling Deemed A Win For Waorani
(Reuters, 12.Jul.2019) â A court in Ecuador has upheld a ruling that prevents the government from selling land in the Amazon rainforest to oil companies, […]
Colombia Reschedules Aborted Tender
(Windpower Monthly, David Wes, 12.Jul.2019) â Developers with renewable energy projects of over 5MW that can be online by 1 January 2022 are invited to […]
EPM Announces Expiration Of Tender Offer
(EPM, 11.Jul.2019) â Empresas PĂșblicas de MedellĂn E.S.P. (EPM) announced expiration and results of its previously announced offer to purchase for cash any and all […]
Bolivia Strikes Gas Deal Russian Giant In Brazil
(Reuters, 11.Jul.2019) â Boliviaâs state energy firm has sealed a deal to supply gas to Russian fertilizer giant Acronâs plants in Brazil, the two sides […]
Ecopetrol Finds Oil At Boranda-2 ST Well
(Ecopetrol, 11.Jul.2019) â Ecopetrol S.A. reports that the Boranda-2 ST well, located in Rionegro (Santander), has discovered the presence of crude in the Eoceno basal […]
ANH Signs PPAA Deals Worth $158mn With Geopark, Hocol
(ANH, 11.Jul.2019) â After more than five years without offers or rounds of new blocks for Exploration and Production of hydrocarbons in Colombia, the new […]
Talos Increases Credit Facility Commitments And Provides Hedging Update
(Talos, 10.Jul.2019) â Talos Energy Inc. provided an update on the results of its semi-annual borrowing base redetermination and recent hedging activities. Effective July 3, […]
Qatar Petroleum And Chevron Ink Deal For Mega US Petrochemical Plant
(Qatar Petroleum, 10.Jul.2019) â Qatar Petroleum has signed an agreement with Chevron Phillips Chemical Company LLC to develop a new world-scale petrochemical project in the […]
Argentina Opens Tender For $2bn Vaca Muerta Pipeline
(Reuters, 10.Jul.2019) â Argentina has opened the tender for a new $2 billion gas pipeline from the huge Vaca Muerta shale field, which according to […]
DomRep Launches First Oil Licensing Round
(WoodMac, 10.Jul.2019) â The Dominican Republic today launched its first licensing round, putting 14 blocks across its on- and offshore basins up for bid. The […]
Siemens Turbine Generator To Power Eni Mexico Area 1
(Siemens, 9.Jul.2019) â Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC’s floating production, storage, and […]
Bolivia To Buy Petrobras’ Stake In Gas Pipeline
(Reuters, 9.Jul.2019) â Bolivia’s state-owned oil company YPFB plans to bid on a stake in a natural gas pipeline linking the country to Brazil to […]
PdV To Tap Fractionator To Replace Imported Naphtha
(Argus, 9.Jul.2019) â Venezuela’s national oil company PdV is seeking to adapt its infrastructure to cope with a shortage of imported naphtha that is hindering […]
Trinidad Downgraded By Standards And Poorâs
(Guardian, Curtis Williams, 9.Jul.2019) â Trinidad and Tobago has suffered a downgrade in its sovereign ratings from credit rating agency Standard and Poorâs. In its […]
Valerie Bosse To Head Wintershall Dea In Brazil
(Wintershall, 9.Jul.2019) â Change at the top of Wintershall Dea in Brazil: Valerie Bosse is the new Managing Director of the Wintershall Dea Business Unit […]
Mexico Auctions Moratorium Give Rival Brazil An Edge
(Bloomberg, Peter Millard and Amy Stillman, 9.Jul.2019) â Mexicoâs moratorium on auctioning off its oil riches to foreign producers is giving a leg up to […]
Petrobras Announces Tender Offers Expiration Date
(Petrobras, 8.Jul.2019) â Petrobras announced the expiration and expiration date results of the previously announced offers to purchase by its wholly-owned subsidiary Petrobras Global Finance […]
Petrobras And CADE Ink Natgas Market Deal
(Petrobras, 8.Jul.2019) â Petrobras reports that it signed an Agreement with the Administrative Council for Economic Defense (CADE), which consolidates understandings between the parties on […]
Venezuelaâs CRP Shuts Down After Blackout
(Oilprice.com, Irina Slav, 8.Jul.2019) â Venezuelaâs refining complex CRP has been shut down after a blackout that occurred on Sunday, Argus Media reports, citing union […]
YPF Launches YPF Ventures, Invests In Bird
(YPF, 8.Jul.2019) â YPF announced the launch of YPF Ventures, a corporate venture capital fund that will expand YPF’s influence into emerging energy businesses. YPF […]
PDVSA to Restart CRP Refining by 10 Jul. 2019
(Argus, 8.Jul.2019) â VenezuelaÂŽs state-owned PdV plans to restart crude processing at the 940,000 b/d CRP refining complex by 10 July after electricity supply was […]
Petrobras Chief Governance, Compliance Officer Resigns
(Petrobras, 5.Jul.2019) â Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. […]