(Reuters, Stefanie Eschenbacher and David Alire Garcia, 14.May.2019) — Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company […]
Venezuelan Oil Output Sinks To 500,000 B/D
(Argus, 14.May.2019) — Venezuela’s crude production has dropped to around 500,000 b/d as sluggish export loadings and replete storage force state-owned PdV to shut in […]
Pompeo, Putin Could Decide Venezuela’s Fate
(Oilprice.com, Tsvetana Paraskova, 14.May.2019) — U.S. Secretary of State Mike Pompeo and Russian President Vladimir Putin are meeting on Tuesday to discuss various issues, including […]
Ensign Energy Expands Into Mexico, Bahrain And Kuwait With Trinidad Acquisition
(Energy Analytics Institute, Jared Yamin, 13.May.2019) — Ensign Energy Services acquired an 89.3% interest in Trinidad Drilling Ltd., which marks the largest such purchase in […]
Madalena Starts Vaca Muerta Drilling On The Coiron Amargo Sur Este Block
(Madalena, 13.May.2019 ) — Madalena Energy Inc. has been informed by the operator of the Coiron Amargo Sur Este (CASE) block that a drilling rig […]
Arctech Launches 120-Module 2P Solar Tracker In Industry First Move
(Arctech, 13.May.2019) — Arctech Solar, a leading solar tracking and racking system provider, has launched its latest research achievement SkySmart-2, the industry’s first independent single-axis […]
Equinor Boosts Stake In Caesar Tonga Field In Deepwater US GOM
(Equinor, 13.May.2019) — Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc […]
Readout Of Secretary Perry’s Visit To Bogota, Colombia
(Energy.gov, 13.May.2019) — Today, U.S. Secretary of Energy Rick Perry was in Bogotá, Colombia for the Concordia Americas Summit, a gathering of government and private […]
Petrobras Announces Teaser For Sale Of Breitener Energética S.A.
(Petrobras, 13.May.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser) relating to the sale of its 93.7% interest in Breitener Energética […]
Colombia Oil Reserves Up 9.9% In 2018; Gas Reserves Decline
(Reuters, 13.May.2019) — Colombia’s crude oil reserves were up 9.9% to 1.96 billion barrels at the end of last year, as efforts to increase exploration, […]
Tecpetrol Argentina Work Halted Until Security Issues Resolved
(Energy Analytics Institute, Aaron Simonsky, 13.May.2019) — The block where Tecpetrol conducts activities in Argentina can’t initiate operations until necessary security measures are completed and […]
Delek’s US GOM Caesar Tonga Oil Acquisition Cancelled
(Globes, 12.May.2019) — One of the existing partners has exercised its first right of refusal on the rights in the Caesar Tonga oil field. The […]
Mexican Union Leader Shot Dead In Troubled Oil Refining City
(Reuters, 12.May.2019) — Unidentified gunmen shot dead a trade union leader in Mexico’s central city of Salamanca, authorities said on Sunday, the latest outbreak of […]
Could Emerging Oil State Guyana Become The Richest Nation In The World?
(Oilprice.com, Irina Slav, 12.May.2019) — A tiny South American country until recently known mostly as the location of one of the worst mass suicides in […]
Argentina Eyes Possible Start Of Vaca Muerta-Bahía Blanca Train Project In 2020
(Energy Analytics Institute, Aaron Simonsky, 12.May.2019) — Two train projects planned to connect Vaca Muerta with Bahía Blanca will most likely not start moving forward […]
YPF Transcript Of 1Q:19 Earnings Conference Call
(Thomson StreetEvents, 11.May.2019) — Edited Transcript of YPF SA earnings conference call or presentation Friday 10 May 2019. TEXT version of Transcript ============================== Corporate Participants […]
Petrobras Updates On Divestment Of Liquigás: Start Of Non-Binding Phase
(Petrobras, 10.May.2019) — Petrobras, following up on the release dated 04/09/2019, announces the beginning of the non-binding phase related to the sale of Liquigás Distribuidora […]
Petrobras Updates On Studies Related To Sale Of Shares By Caixa
(Petrobras, 10.May.2019) — Petrobras informs that it received the Official Letter No. 288/2019-SLS, which requests the following clarification:Official Letter nº 288/2019-SLS “Dear Gentlemen, In a […]
US Secretary Perry Attends 2019 Concordia Americas Summit
(US DOE, 10.May.2019) — On Monday, May 13, 2019, U.S. Secretary of Energy Rick Perry will travel to Bogotá, Colombia to participate in the 2019 […]
SBM Offshore Awarded Contracts For ExxonMobil FPSO Liza Unity
(SBM, 10.May.2019) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of […]
Earnings Call Transcript For Petrobras’ 1Q:19 Results
(Motley Fool, 10.May.2019) — Brazil’s Petrobras reported first quarter 2019 earnings call transcript can be found below. Earnings Call Transcript For Petrobras’ 1Q:19 Results Contents: […]
Pampa Energía Announces 1Q:19 Financial Results
(Energy Analytics Institute, Aaron Simonsky, 10.Apr.2019) — Pampa Energía S.A. reported financial results for the first quarter ended 31 March 2019. Pampa Energía S.A. is […]
Argentina’s Pampa Energía 1Q:19 Conference Call Details
(Energy Analytics Institute, Aaron Simonsky, 10.Apr.2019) — Argentina’s Pampa Energía S.A. announced it will host a conference call to discuss its 1Q:19 results on Tuesday […]
LatAmNRG Briefs: Pemex Dos Bocas, Bolivia Charges Persons In Drillmex Case
(Energy Analytics Institute, Jared Yamin and Ian Silverman, 9.May.2019) — Heard on the street and LatAmNRG briefs related to the Sener and Pemex moving forward […]
Argentina’s Energy Secretariat Says La Amarga Chica Producing 13,000 B/D
(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) — Production of shale oil in La Amarga Chica area under the watch of YPF and partner Petronas reached […]
Pemex To Build $8bn Oil Refinery As Mexico Scraps Tender Process
(Ft.com, Jude Webber, 9.May.2019) — Andrés Manuel López Obrador, Mexico’s president, has stepped up his commitment to an $8bn refinery project, rejecting three private sector […]
WoodMac: Chevron Exits Bidding War For Anadarko
(WoodMac, 9.May.2019) — Chevron Corporation today announced that it would not offer a counter proposal to Occidental Petroleum’s rival bid to acquire Anadarko Petroleum. Earlier […]
Ancap says maintaining naphtha prices “difficult”
(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) — The rising price of crude oil and the dollar are making it difficult for Ancap to maintain naphtha […]
Petrobras Throws Out Printers As CEO Focuses On Cost Cutting
(Bloomberg, Sabrina Valle and Peter Millard, 9.May.2019) — Soon after taking over as chief executive officer of Brazil’s state-controlled oil giant Petrobras, Roberto Castello Branco […]
Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19
(Braskem, 8.May.2019) — Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% […]
Petrobras Exec Flags Production Boost During Second Quarter
(Reuters, 8.May.2019) — Oil and gas production at Petroleo Brasileiro SA is on the rise in the second quarter, and has been above 2.8 million […]
SOL Petroleum To Shutter Businesses In Jamaica
(Jamaica Observer, Karena Bennett, 8.May.2019) — SOL Petroleum Jamaica Limited will shutter its lubricant and bunkering business across the island, effective June 30. The announcement […]
CSI Compressco Announces 1Q:19 Results, Affirms Full Year Financial Guidance
(CSI, 8.May.2019) — CSI Compressco LP today announced first quarter 2019 consolidated financial results and provided updated 2019 full year guidance. Consolidated revenues for the […]
Argentina And Uruguay To Invest $1,000 Million To Modernize Salto Grande Dam
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — The governments of Argentina and Uruguay announced plans to invest $1,000 million in the modernization of the Salto […]
Talos Energy Conference Call And Webcast Information
(Talos, 8.May.2019) — Talos Energy Inc. will host a conference call, which will also be broadcast live over the internet, on Thursday, May 9, 2019 […]
Talos Energy Reports 1Q:19 Financial, Ops Results On Mexico And US
(Talos, 8.May.2019) — Talos Energy Inc. today announced its financial and operational results for the first quarter of 2019 and an operations update. Key highlights […]
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina […]
YPFB And YPF Argentina Ink Upstream And Downstream Deals
(Energy Analytics Institute, Aaron Simonsky and Pietro D. Pitts, 7.May.2019) — YPFB and YPF Argentina signed strategic deals during discussions in Santa Cruz related to […]
Bolivia Launches New 87 Octane Gasoline In Cochabamba
(Energy Analytics Institute, Ian Silverman, 7.May.2019) — Bolivia sold a total 180,000 liters of its new gasoline — which has as a special anhydrous additive […]
YPF Luz Offers $75mn In Negotiable Obligations
(Energy Analytics Institute, Aaron Simonsky, 7.May.2019) — YPF Energía Eléctrica, also known as YPF Luz, offered $75 million in negotiable obligations on the Argentina stock […]
Ecopetrol’s1Q:19 Earnings Call Transcript
(MotleyFool, 7.May.2019) — Attached is the first quarter 2019 earnings call transcript for Colombia’s state oil company Ecopetrol. Contents Prepared Remarks Questions and Answers Call […]
Petrobras Approves Shareholder Remuneration Payment
(Petrobras, 7.May.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest […]
The Smithsonian Showcases The Historic ‘Green Book’
(Exxon, 7.May.2019) — From its first print run in 1936 to its final edition in 1966, “The Green Book” played a significant role in providing […]
Sempra Energy Reports Higher 1Q:19 Earnings
(Sempra, 7.May.2019) — Sempra Energy today reported first-quarter 2019 earnings of $441 million, or $1.59 per diluted share, up from first-quarter 2018 earnings of $347 […]
JinkoSolar Supplies PV Modules To Solar Power Plant In Colombia
(JinkoSolar, 7.May.2019) — JinkoSolar Holding Co., Ltd., today announced JinkoSolar has supplied 250,000 Pieces of 345Watt – 1500V monocrystalline standard modules for one of the […]
Brazil’s Petrobras Launches New Investor Relations Website
(Petrobras, 7.May.2019) — Petrobras informsthat it launched a new InvestorRelations website, featuring an easier and more intuitive navigation and a modern layout, aligned with the […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) — Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s […]
YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) — YPF announced it’s desire in acquiring Petrobras’ 34% interest in gas separator Mega, after the Brazilian company announced […]
Colombia’s Ecopetrol Reports Strong 1Q:19 Results, EBITDA Margin Of 46.1%
(Ecopetrol, 6.May.2019) — Ecopetrol S.A. announced today the Ecopetrol Group’s financial results for the first quarter of 2019, prepared in accordance with International Financial Reporting […]
Oxy’s $8.8bn Total Deal ‘May Soothe Anadarko Shareholder Jitters’
(WoodMac, 6.May.2019) — In another bold move in its takeover battle with Chevron for Anadarko Petroleum, on 5 May said Occidental Petroleum entered into a […]