(Reuters, Carolina Mandl, 27.May.2019) — Brazilian state-controlled oil company Petroleo Brasileiro SA has set a June 7 deadline to receive non-binding proposals for its liquefied […]
LatAmNRG Colombia Briefs: Caño Limón-Coveña Pipeline, Ecopetrol Data Room
(Energy Analytics Institute, Piero Stewart, 27.May.2019) — Heard on the street and LatAmNRG briefs related to another oil spill along the Caño Limón-Coveña pipeline and […]
Fitch Ratings Revises Ecopetrol Outlook To Negative From Stable
(Energy Analytics Institute, Piero Stewart, 27.May.2019) — Rating agency Fitch revised the outlook for Colombia’s state oil company to Negative from Stable, stating the adjustment […]
Argentina’s Environmental Prosecutor Expects More Oil Samples From Añelo Plant
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Argentina’s Environmental Crimes prosecutor Maximiliano Breide Obeid anticipates more samples will be taken from Treater’s oil waste plant […]
Petrobras Not Yet Summoned On Injunction Decision To Suspend TAG
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Petrobras, responded to recent news published in media, says it hasn’t yet been summoned of the injunction issued […]
Why Venezuela, The Country With The World’s Largest Oil Reserves Its Short Of Petrol
(CNN, Stefano Pozzebon, 26.May.2019) — For many Venezuelans, oil is a birthright in the country blessed with the largest crude reserves in the world. Despite […]
Trinidad And Tobago Doubles Down On Gas Production
(Oxford Business Group, 25.May.2019) — On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that T&T would […]
LatAmNRG Argentina Briefs: YPF Gas Exports, Shell Dumping, Phoenix Global
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — Heard on the street and LatAmNRG briefs related to the state entity YPF’s plans to ship natural gas […]
LatAmNRG Bolivia Briefs: YPFB And Shell Deal For Yapucaiti X 1 Well
(Energy Analytics Institute, Ian Silverman, 24.May.2019) — Heard on the street and LatAmNRG briefs related to YPFB being the withholding agent for transport carriers in […]
LatAmNRG Q&A With ANH Colombia: Exploratory Drilling To Start In 2H:20
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, […]
Trinidad Petroleum Holdings Limited Announces Extension Of Expiration Date
(TPHL, 24.May.2019) — Trinidad Petroleum Holdings Limited announced the expiration date has been extended until 5:00 p.m., New York City time, on June 14, 2019, […]
Staatsolie Inks PSC For Suriname’s Nickerie Block
(Staatsolie, 24.May.2019) — Staatsolie Maatschappij Suriname N.V. and Decker Petroleum Marketing Co. LTD, from Trinidad, signed the production sharing contract (PSC) for the Nickerie block […]
Canacol Energy: 42% FFO Jump, Poised To Grow Further
(Seeking Alpha, Vasily Zyryanov, 24.May.2019) — Canacol Energy, Toronto-listed and Colombia-focused natural gas producer, has recently presented its Q1 results and impressed investors with robust […]
Sociedad Química Y Minera De Chile S.A. Reiterates Business Strategy
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — Sociedad Química y Minera de Chile S.A. (SQM) announced that is business strategy is to be a global […]
Canadian Solar Finalizes Sale Of Aguascalientes Solar Project To BlackRock Fund
(Canadian Solar, 23.May.2019) — Canadian Solar Inc. completed the sale of its 68 MWp Aguascalientes solar project in Mexico to BlackRock Infrastructure Fund II. Canadian […]
Sociedad Química y Minera de Chile Reports 1Q:19 Earnings
(SQM, 23.May.2019) — Sociedad Química y Minera de Chile S.A. reported earnings today for the three months ended March 31, 2019 of US$80.5 million (US$0.31 […]
First Small-Scale Waterside LNG Production Facility In The U.S. Is Operational
(JAX LNG, 23.May.2019) — JAX LNG, a liquefied natural gas facility located at Dames Point in Jacksonville, Florida, held a ribbon-cutting ceremony May 16 to […]
McDermott Says Freeport LNG Production to Start in 1Q:20
(Energy Analytics Institute, Jared Yamin, 23.May.2019) — McDermott International, Inc. reiterated its earlier notified schedule for the Freeport LNG project in Freeport, Texas. As disclosed […]
Shell Trinidad And Tobago Commits To STOW Charter With The Energy Chamber
(Energy Chamber, 23.May.2019) — On Thursday 9th May, 2019, Mr. Derek Hudson, Vice President and Country Chair of Shell Trinidad and Tobago Limited, signed the […]
Venezuelan Petroleum Exports To Cuba Surge In Response To US Sanctions
(Platts, 23.May.2019) — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents […]
US Tells Foreign Cos To Stop Jet Fuel Trading With Venezuela
(Reuters, Julia Payne and Dmitry Zhdannikov, 23.May.2019) — The United States told some large foreign firms this week they should stop trading jet fuel with […]
Guyana Investigates Oil Block Leases Controlled By Exxon
(Oilprice.com, Tsvetana Paraskova, 23.May.2019) — The world’s newest offshore hotspot, Guyana, is in the early stages of a probe into how oil exploration rights were […]
YPF Targets Increasing Production At La Amarga Chica And Loma Campana
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — YPF plans to conduct two lateral drilling operations near 4,000 meters and carry out some 80 staged fractures […]
YPF Says Bahía Blanca And Chile Are Potential Sites For LNG Plants
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — The Argentine port of of Bahía Blanca is at present a principal location for consideration of construction of […]
Shell Commences Production At Appomattox Field In U.S. Gulf Of Mexico
(Shell, 23.May.2019) — Royal Dutch Shell plc, through its subsidiary Shell Offshore Inc (Shell) announces today that production has started at the Shell-operated Appomattox floating […]
Ecuador Names New Hydrocarbons Vice Minister
(Energy Analytics Institute, Piero Stewart, 23.May.2019) — Juan Carlos Bermeo Calderón has been appointed Ecuador’s new Vice Minister over the country’s Energy and Non-Renewable Natural […]
CNOOC Limited Announces Appomattox Field Commences Production
(CNOOC, 23.May.2019) — CNOOC Limited announced the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. Appomattox Field is […]
Cano Limon, Bicentenario Pipeline Pumping Halted After Bombings
(Reuters, 22.May.2019) — Pumping on Colombia’s Bicentenario and Cano Limon oil pipelines has been halted following bomb attacks in recent days, sources from operators Bicentenario […]
Chile To Inaugurate 108 MW S4 Solar Photovoltaic Park In Coming Months
(Energy Analytics Institute, Aaron Simonsky, 22.May.2019) — Chile will inaugurate the 108-megawatt S4 Solar Chile photovoltaic park (former Huatacondo) in coming months, Chile’s Energy Minister […]
Petrobras Names Nivio Ziviani To Board Of Directors
(Petrobras, 21.May.2019) — Petrobras announced its Board of Directors, at a meeting held yesterday, approved the nomination by the controlling shareholder of Mr. Nivio Ziviani […]
Saudi Aramco And Sempra Energy Ink Largest LNG Deal For 6 Years
(WoodMac, 22.May.2019) — Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement […]
Colombia’s Ecopetrol Says Exports To U.S. Up On Venezuela, Higher Output
(Reuters, 22.May.2019) — Colombia’s state-run oil company Ecopetrol said on Wednesday its crude exports to the United States rose nearly 25% in the first quarter […]
Ultrapar To Acquire Up To $200,000,000 Of Outstanding 5.250% Notes Due 2026
(Ultrapar, 22.May.2019) — Ultrapar International S.A., a public limited liability company (société anonyme) organized and established under the laws of the Grand Duchy of Luxembourg […]
Energy Chamber To Host Energy Efficiency and Renewables Tradeshow
(Energy Chamber, 21.May.2019) — Two years ago, the Energy Chamber of Trinidad and Tobago hosted its first Clean Energy Conference, an off-shoot from its Trinidad […]
Petrobras Updates On Change Of ADR Programs Custodian
(Petrobras, 21.May.2019) — Petrobras says the Brazilian Securities and Exchange Commission (CVM) has approved the change of the custodian bank of its ADR programs for […]
Repsol Winds Down Operations In Venezuela
(VOA, Martin Arostegui, 21.May.2019) — Spain’s Repsol, the last western oil giant with major operations in Venezuela, is leaving the embattled country, as pressure mounts […]
Argentina’s Financial Crisis Creates An Opportunity For China
(Bloomberg, Jonathan Gilbert 21.May.2019) — A pair of dams going up in Patagonia is a testament to Beijing’s growing influence. Set on a remote steppe […]
Petrobras Approves Amendment To Transfer Of Rights Agreement
(Petrobras, 21.May.2019) — Petrobras says its Board of Directors approved the execution of the Amendment to the Transfer of Rights Agreement pursuant to the National […]
LatAmNRG Ecuador Briefs: PetroAmazonas Deals, Drilling, Output, And Merger
(Energy Analytics Institute, Piero Stewart, 20.May.2019) — Heard on the street and LatAmNRG briefs related to the Petroamazonas EP and contracts for $78.1 million with […]
Echo Energy Announces Portfolio Changes, CEO Appointment
(Echo Energy, 20.May.2019) — Echo Energy plc provided an update on the Tapi Aike seismic acquisition programme and to announce a restructuring of the company’s […]
Argentina Readies To Join LNG Exporters Club With Maiden Cargo
(Reuters, 20.May.2019) — Argentina is about to export its first liquefied natural gas (LNG) cargo from a new floating facility, marking a milestone for its […]
Italy’s Eni Awarded High Potential Exploration Block Offshore Argentina
(Eni, 20.May.2019) — The award of block MLO 124 is the outcome of the consortium’s successful bid in the International Bid Round “Ronda Costa Afuera […]
Stratas Advisors Launches Mexico Crude Oil Outlook
(Stratas, 20.May.2019) — Extending coverage to the annual analysis of crude oil fundamentals, Stratas Advisors‘ North American research team now offers the Mexico Crude Oil […]
Buenavista Renewables, ESCO, And Zodiac Aerospace Ink Long-Term PPA
(Buenavista, 20.May.2019) — Buenavista Renewables México, S. de R.L. de C.V. (“BVR”), a Buenavista Renewables company, and ESCO Comercializadora Energética S. de R.L. de C.V., […]
OPEC Founder Venezuela Pumps Less Oil Than Three Of Its Neighbors
(Bloomberg, Lucia Kassai, 20.May.2019) —Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American countries as years of mismanagement […]
Russian Oil Sales To U.S. ‘On Steroids’ Amid Venezuela Sanctions
(Bloomberg, Sheela Tobben, 20.May.2019) — Petroleum exports from Russia to the U.S. are growing rapidly as the supplier takes advantage of lost deliveries from sanctions-hit […]
Venezuela’s Opposition Hires Debt Adviser
(Argus, 20.May.2019) — Venezuela’s political opposition contracted with an international adviser to prepare for restructuring the country’s external debt that is expected to exceed $150bn. […]
US Sanctions Mining Company Backing Maduro
(Reuters, 19.May.2019) — The United States imposed sanctions on Tuesday against Venezuela’s state-run gold mining company Minerven and its president, Adrian Perdomo, accusing them of […]
Petroamazonas’ Production Peaked At 428,780 Boe/d In The First 4 Months Of 2019
(Energy Analytics Institute, Piero Stewart, 19.May.2019) — Petroamazonas EP’s production of crude oil in the first four months of 2019 peaked at 428,780 barrels per […]
Enel: Positive Impact From Resolution Of Pending Issues In Argentina
(Enel, 17.May.2019) — Enel S.p.A. announces that its listed Chilean subsidiary Enel Américas S.A. (“Enel Américas”) informed that its subsidiary in Argentina, Empresa Distribuidora Sur […]