(Renaissance Oil Corp. 9.Jul.2018) – Renaissance Oil Corp. received final authorizations from the relevant Mexican authorities to proceed with the development program on the company’s […]
Renaissance Says Pitepec Block Details Attractive
(Renaissance Oil Corp. 9.Jul.2018) – Renaissance Oil Corp. recently signed a Right of First Refusal (ROFR), for the Pitepec block, adjacent to the north of […]
ENAP Says Clean Energy is Chile’s Future
(Energy Analytics Institute, Ian Silverman, 9.Jul.2018) – Chile’s state oil company ENAP says it’s developing a wind park in Magallanes in an official Twitter post. […]
Jusepín Oil Spill Demonstrates PDVSA Safety Failures
(Maritime Herald, 9.Jul.2018) – The oil spill that occurred this Friday, July 6 in two tanks of the secondary recovery plant of the Jusepín Operational […]
Role of Peru’s Hydrocarbon Industry on Development
(Energy Analytics Institute, Ian Silverman, 9.Jul.2018) – PeruPetro will host a conference titled “Role of the Petroleum and Gas Industry for Peru’s Economic Development.” Details […]
Haiti backtracks on fuel increase
HOUSTON, TEXAS (By Ian Silverman, Energy Analytics Institute, Ian Silverman, 9.Jul.2018, Words: 98) – The Haitian government reversed a controversial fuel hike announced over the […]
IEnova to Spend $150 Mln on Mexican Terminal
(San Diego Union Tribune, Rob Nikolewski, 9.Jul.2018) – Continuing its aggressive corporate strategy, IEnova – the Mexican subsidiary of San Diego-based Sempra Energy – added […]
No Oil, No Army: Costa Rica First Nation To Eliminate Fossil Fuels
(Sputnik News, 8.July.2018) — Costa Rica will become the first nation in the world to completely eliminate fossil fuels. In May, the country’s new president, […]
ExxonMobil says Not Funding Political Party in Guyana
(Stabroek News, Marcelle Thomas, 8.Jul.2018) – Facing questions from a parliamentary committee, ExxonMobil yesterday denied that it was funding any political party or political initiatives […]
Quevedo Prays for Higher Venezuelan Output
(Energy Analytics Institute, Piero Stewart, 8.Jul.2018) – Venezuela’s Oil Minister General Manuel Quevedo prayed to God in search of divine assistance to boost Venezuela’s oil […]
Could Guyana’s Oil Fortunes Curse Country?
(Energy Analytics Institute, Pietro D. Pitts, 8.Jul.2018) – Recent success in Guyana’s oil sector could be a wolf in sheep’s clothing. Guyana doesn’t yet produce […]
Ecopetrol to Operate Dina Gas Plant
(Energy Analytics Institute, Piero Stewart, 8.Jul.2018) – The gas plant has treatment capacity of 10 million cubic feet per day (MMcf/d) of natural gas. Ecopetrol […]
Chile to Export Gas to Argentina
(Energy Analytics Institute, Ian Silverman, 8.Jul.2018) – Chile signed an agreement to export natural gas to Argentina over the next three years. The agreement allows […]
Melbana Says UK Investors Eyeing Cuba
(Melbana Energy Limited, 2.Jul.2018) – Melbana Energy Limited announced a potential dual listing on the UK’s Alternative Investment Market (AIM) is being actively considered, as […]
ET Energy Launches 31.6 MWp Projects in Chile
(Energy Analytics Institute, Ian Silverman, 7.Jul.2018) – ET Energy commenced construction of two solar projects in Chile. “For us, the development and construction of these […]
Echo Announces Mobilization of Well Testing
(Echo Energy plc, 6.Jul.2018) – Echo Energy plc announces mobilisation of the Quintana 01 testing / completion rig to the Fracción C, Fracción D and […]
Pemex Divests Participation in PMV
(Pemex, 6.Jul.2018) – Petróleos Mexicanos divested its participation in Petroquímica Mexicana de Vinilo through an agreement with Mexichem. As part of Pemex’s strategy of maximizing […]
Ecopetrol to Prepay Loan of COP$ 1.4 Tln
(Energy Analytics Institute, Piero Stewart, 6.Jul.2018) – Colombia’s state oil company Ecopetrol will prepay the entire syndicated loan it entered into in 2013 with local […]
Guyana Pre-2020 Investment Boom
(Energy Analytics Institute, Piero Stewart, 6.Jul.2018) – Oil production will begin in 2020, and the boom in investment beforehand will continue to drive activity, writes […]
Mexichem to Buy Petroquimica Mexicana de Vinilo Stake
(Reuters, 6.Jul.2018) – Mexican chemicals and plastic pipe maker Mexichem agreed to buy state oil firm Pemex’s stake in chemical manufacturer Petroquimica Mexicana de Vinilo. […]
Ecopetrol Finds New Oil in Cundinamarca
(Energy Analytics Institute, Piero Stewart, 5.Jul.2018) – A find at the Búfalo-1 well confirmed the presence of oil in the Valle Medio del Magdalena, located […]
China Gives New Life to Venezuela Despite US’ Ire
(Sputnik News, 5.Jul.2018) – China is lending its helping hand to Venezuela to stabilize the country’s oil sector, analysts told Sputnik, adding that Beijing’s economic […]
PetroAmazonas EP Producing Close to 405 Mb/d
(Energy Analytics Institute, Ian Silverman, 5.Jul.2018) – Ecuador’s PetroAmazonas EP actual production is close to 405,000 barrels per day (b/d). The company’s average cost was […]
PetroVictoria Producing 10,000 b/d
(Energy Analytics Institute, Ian Silverman, 5.Jul.2018) – The heavy oil project is currently producing 10,000 barrels per day, according to PDVSA. PetroVictoria, is a joint […]
PDVSA Installs Two Heavy Oil Desalters
(Energy Analytics Institute, Ian Silverman, 5.Jul.2018) – The land transfer of two from Bolívar to Anzoátegui states, for oil crude desalination has successfully been completed. […]
First T&T Jack Up Delivers Gas
(Trinidad and Tobago Newsday, Sasha Harrinanan, 4.Jul.2018) – Well Services Rig 110, owned by local drilling contractor Well Services Petroleum Co Ltd (Well Services), is […]
Atlas to Invest $114.4 Mln in Uruguay
(Energy Analytics Institute, Ian Silverman, 4.Jul.2018) – U.S. company Atlas Renewable Energy plans investments of $114.4 million in Uruguay. Atlas announced closing of long-term financing […]
Ecuador Cos Invest $400 Mln in Certificates
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) – The two electric companies from the South American country will invest a total of $400 million in Treasury […]
Ecuador Looks to Avoid Issuing More Debt
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) – The South America country will explore other financial options to cover its deficit of some $9.5 billion. “We […]
Bolivia’s Hydroelectric Potential 38,000 MW, CAF Says
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) – This figure is according to the most recent study results, and excludes protected areas. The figure climbs to […]
ENDE to Investigate High Electricity Rates
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) – Citizens in the city of Trinidad, located in department of Beni, continue to protests elevated electricity rates. As […]
Petrobras, CNPC to Finish Rio Refinery
(Efe, 4.Jul.2018) – Brazilian state oil company Petrobras and China’s state-owned China National Petroleum Corporation signed a letter of intent to conclude construction of a […]
China to Invest $250 mln to Boost Venezuela’s Oil Sector
(Bloomberg, 4.Jul.2018) – Venezuela’s distressed oil sector may get some much needed financing from China, Finance Minister Simon Zerpa said after meetings with officials from […]
Venezuela’s Declining Crude Exports Squeeze India’s Refiners
(Reuters, Marianna Parraga, 3.Jul.2018) – Venezuela’s crude shipments to India, its third largest export market, fell 21 percent in the first half of the year, […]
Oil Price Weighs on Barbados’ Inflation
(Trinidad Express, Aleem Khan, 4.Jul.2019) – High oil prices on their own appear to be good neither for Trinidad and Tobago nor Barbados, according to […]
T&T’s Energy Issues
(Trinidad Express, David Renwick, 3.Jul.2018) – You don’t have to look very far to determine the issues facing the Trinidad and Tobago energy industry at […]
Methanol, Ammonia Prices to Remain Flat
(Trinidad Guardian, 4.Jul.2018) – The Ministry of Energy and Energy Industries is predicting that over the next five years methanol prices will average US$375 per […]
China Throws Venezuela’s Oil Industry $5B Lifeline
(OilPrice.com, Irina Slav) – China’s Development Bank has approved a US$5-billion loan for Venezuela’s oil industry, Bloomberg reports, quoting the troubled South American country’s Finance […]
PetroTal Reports First Oil from Bretana
(PetroTal Corp., 3.Jul.2018) – PetroTal Corp. achieved first oil production from the Bretana Norte discovery well at the Bretana field in Block 95 in Peru. […]
Venezuela to Get $250 mln from China
(Reuters, 3.Jul.2018) – Venezuela will receive $250 million from the China Development Bank to boost the OPEC nation’s oil production, the South American country’s Finance […]
National Oil Co for Guyana Would Be Disaster
(Stabroek News, 3.Jun.2018) – The creation of a National Oil Company (NOC) will be “a disaster” for this country warns former Government Advisor on Petroleum, […]
US$1.4B Deal to Restart St Croix Refinery
(Stabroek News, 3.Jun.2018) – U.S. Virgin Islands Governor Kenneth E. Mapp announced yesterday an agreement which would reopen one of the world’s largest refineries, create […]
Petrozamora Incorporates Steam Generators in Zulia
(Energy Analytics Institute, Piero Stewart, 3.Jul.2018) – PDVSA Petrozamora, a joint venture comprised of PDVSA and Russia’s Gazprom, completed recovery and incorporation of two steam […]
PetroPiar Ends Preventative Maintenance
(Energy Analytics Institute, Piero Stewart, 3.Jul.2018) – Work on the upgrader concluded four days ahead of schedule, according to Caracas-based PDVSA. Operational activities at the […]
PentaNova, YPF Discuss Llancanelo Issues
(PentaNova Energy Corp., 3.Jul.2018) – PentaNova has been attempting to negotiate a payment plan for cash call balances with YPF without success to date. As […]
Japan Commits $17.8 Mln to Guyana’s Renewable Energy
(NewEnergyEvents, 3.Jul.2018) – The Government of Guyana has secured a deal with Japan for US$17.8M dedicated to renewable energy development and system efficiency improvements. This […]
World Bank Sees $65/bbl Oil for 2019
(Energy Analytics Institute, Ian Silverman, 3.July.2018) – The price of crude oil is forecast to approach around $65/barrel in 2019 by the organization. However, the […]
Cabinet Removes Energy Portfolio Over Petrojam
(Jamaica Gleaner, 2.Jul.2018) – Dr Andrew Wheatley has been stripped of the energy portfolio as the government implements a raft of changes at the controversy-plagued […]
Free Oil Market to Reign in Argentina
(Bloomberg, 2.Jul.2018) – Argentina’s move to a free market for energy prices remains on track. A recent decision to cap crude oil prices and limit […]
Melbana to Spud Cuba Well in December
(Melbana Energy Limited, 2.Jul.2018) – Australia’s Melbana Energy Limited announced preparatory work is continuing in Cuba in readiness for the planned drilling program in Block […]