Venezuela Crude Oil Exports Sink In May

(Oilprice.com, Julianne Geiger, 5.Jun.2019) — Venezuela’s oil exports slumped in May as the sanctions levied by the United States staunched the flow of oil from […]

US’ Refineries Need Mexican Crude Oil

(CNN, Matt Egan, 5.Jun.2019) — The Trump administration’s threatened tariffs on Mexico couldn’t come at a worse time for America’s oil refineries. Mexico is the […]

GeoPark Says Colombia Flowline On Stream

(GeoPark, 3.Jun.2019) — GeoPark Limited announced the flowline connecting the Llanos 34 block (GeoPark operated, 45% WI) to the Oleoducto de los Llanos (ODL), one […]

Hydraulic Fracturing

(JPT, Zillur Rahim, Saudi Aramco, 1.Jun.2019) — As gas development focuses more on tight and ultratight formations, the challenges to produce economically become diverse and […]

Bristow Inks Five Year Deal With BP

(Energy Analytics Institute, Jared Yamin, 31.May.2019) — Bristow Group Inc. signed a new deal with BP plc to support its North Sea operations. The contract, […]

Petrobras Says It Has Been Contacted By U.S. CFTC

(Reuters, 30.May.2019) — Brazilian state-run oil firm Petrobras has received a request for information from the U.S. Commodity Futures Trading Commission regarding the firm’s trading […]

Tanker Sabotage: Venezuela’s Crisis Worsens

(Oilprice.com, Tsvetana Paraskova, 28.May.2019) — Tankers carrying gasoline and ships transporting food for Venezuela were sabotaged last week to prevent them from reaching Venezuela, Nicolas […]

Braskem BODs OKs $101mn Corruption Settlement

(Reuters, 27.May.2019) — The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to […]