(Talos, 8.May.2019) â Talos Energy Inc. today announced its financial and operational results for the first quarter of 2019 and an operations update. Key highlights include: — Production of 42.0 thousand barrels of oil equivalent per day (“MBoe/d”), or 3.8 million barrels of oil equivalent (“MMBoe”) in total, 70% of […]
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) â Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina Basin in 15 months, NeuquĂ©n Governor GutiĂ©rrez to meet with Royal Dutch Shellâs Ben Van Beurden, and Tecpetrol Argentina still investigating fatal FortĂn de Piedra […]
YPFB And YPF Argentina Ink Upstream And Downstream Deals
(Energy Analytics Institute, Aaron Simonsky and Pietro D. Pitts, 7.May.2019) â YPFB and YPF Argentina signed strategic deals during discussions in Santa Cruz related to upstream and downstream activities in Bolivia and Argentina, Boliviaâs Hydrocarbon Ministry announced 7 May 2019 in an official statement on its website. In the upstream […]
Bolivia Launches New 87 Octane Gasoline In Cochabamba
(Energy Analytics Institute, Ian Silverman, 7.May.2019) â Bolivia sold a total 180,000 liters of its new gasoline — which has as a special anhydrous additive alcohol — through 35 petrol stations located in the department of Cochabamba, Boliviaâs Information Agency (ABI by its Spanish acronym) reported on 7 May 2019. […]
YPF Luz Offers $75mn In Negotiable Obligations
(Energy Analytics Institute, Aaron Simonsky, 7.May.2019) â YPF EnergĂa ElĂ©ctrica, also known as YPF Luz, offered $75 million in negotiable obligations on the Argentina stock exchange at an interest rate of 10.24%. Funds from the offering will be destined to finance projects related to thermal and renewable energies, reports online […]
Ecopetrolâs1Q:19 Earnings Call Transcript
(MotleyFool, 7.May.2019) â Attached is the first quarter 2019 earnings call transcript for Colombiaâs state oil company Ecopetrol. Contents Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Hilda and I will be your conference operator today. At this time, I would like to […]
Petrobras Approves Shareholder Remuneration Payment
(Petrobras, 7.May.2019) â Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest on equity, in the total amount of R$ 1,304,420,126.10, corresponding to R$ 0.10 per outstanding common and preferred share. The payment will be made on […]
The Smithsonian Showcases The Historic âGreen Bookâ
(Exxon, 7.May.2019) â From its first print run in 1936 to its final edition in 1966, âThe Green Bookâ played a significant role in providing sanctuary for African-American travelers on the road from the 1930s to the 1960s. The guide, conceived by Harlem (New York City) mailman Victor Hugo Green, […]
Sempra Energy Reports Higher 1Q:19 Earnings
(Sempra, 7.May.2019) â 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 million, or $1.33 per diluted share. On an adjusted basis, the company’s first-quarter 2019 earnings increased to $534 million, or $1.92 per diluted share, from […]
JinkoSolar Supplies PV Modules To Solar Power Plant In Colombia
(JinkoSolar, 7.May.2019) â JinkoSolar Holding Co., Ltd., today announced JinkoSolar has supplied 250,000 Pieces of 345Watt – 1500V monocrystalline standard modules for one of the largest solar power plant in Colombia to date which was recently inaugurated and is located in Cesar Department. “We are proud to have been chosen […]
Brazilâs Petrobras Launches New Investor Relations Website
(Petrobras, 7.May.2019) â Petrobras informsthat it launched a new InvestorRelations website, featuring an easier and more intuitive navigation and a modern layout, aligned with the best market practices on disclosure of information and results. In addition to rearranging content and including new tools, we sought to facilitate the collection of […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) â Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s Asia Pacific experts weigh in on what this means for the different sectors. Expect wider light-heavy and sweet-sour crude price differentials Research director Sushant Gupta […]
YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) â YPF announced it’s desire in acquiring Petrobrasâ 34% interest in gas separator Mega, after the Brazilian company announced plans to divest its holding. In a conference with investors, YPF said it was interested in acquiring Petrobrasâ participation, and that evaluations have already begun […]
Colombiaâs Ecopetrol Reports Strong 1Q:19 Results, EBITDA Margin Of 46.1%
(Ecopetrol, 6.May.2019) â Ecopetrol S.A. announced today the Ecopetrol Group’s financial results for the first quarter of 2019, prepared in accordance with International Financial Reporting Standards applicable in Colombia. The figures included in this report are not audited. The financial information is expressed in billions of Colombian pesos (COP) or […]
Oxyâs $8.8bn Total Deal âMay Soothe Anadarko Shareholder Jittersâ
(WoodMac, 6.May.2019) â In another bold move in its takeover battle with Chevron for Anadarko Petroleum, on 5 May said Occidental Petroleum entered into a binding agreement to sell Anadarkoâs Algeria, Ghana, Mozambique and South Africa assets to French major Total for US$8.8 billion. The deal is contingent on Oxy […]
Tecpetrol Reports Death Of Two Contractors At FortĂn De Piedra Project
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) â Tecpetrol announced that an accident on 5 May 2019 at the CPF plant of its FortĂn de Piedra natural gas project in Argentina resulted in the death of two contractors. Workers involved in the fatality included: Cristian NicolĂĄs Baeza, 34 years old and […]
ANCAP, MIEM Approve Regime For Open Uruguay Round
(ANCAP, 3.May.2019) â The Uruguayan National Oil Company (ANCAP) and the Ministry of Industry, Energy and Mining (MIEM), have formally approved the new Regime for the Selection of Oil Operating Companies for the Exploration and Exploitation of Hydrocarbons in onshore and offshore areas of RepĂșblica Oriental del Uruguay: Open Uruguay […]
Hess Sanctions Liza Phase 2 Development Offshore Guyana
(Hess, 3.May.2019) â Hess Corporation today announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana. Liza Phase 2 will utilize the Liza Unity […]
CGX Energy And Frontera Energy Receive Approval Of Strategic JV From Guyana
(CGX, 3.May.2019) â CGX Energy Inc. and Frontera Energy Corporation announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks. Under the terms of the farm-in joint […]
Argentina To Inaugurate Loma Campana-Lago Pellegrini Oil Pipeline
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Argentina is set to inaugurate the Loma Campana-Lago Pellegrini pipeline. The pipeline has an extension of 88 kilometers and will allow for the transportation of much of the oil produced from the Vaca Muerta formation, the Energy, Mining and Hydrocarbons Under Secretariat for […]
PDVSA’s Oil Exports Steady In April, Flow To Cuba Continues
(Reuters, Marianna Parraga, 3.May.2019) â Venezuelaâs state-run PDVSA exported 1.06 million barrels per day (bpd) of crude and refined products last month, an eight percent increase from March as the sanctioned company managed to boost shipments to China, according to Refinitiv Eikon data. The U.S. government imposed the toughest sanctions […]
Ecopetrol Updates Details of Farm-in To Saturno Block In Brazil
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Colombia’s state oil company Ecopetrol reportedly has updated on its farm-in in the Saturno block in Brazil. Partners in the block include: Ecopetrol (10% WI), Shell (45% WI) and Chevron (45% WI), reports online media Brasil Energia PetrĂłleoâ. Limited access to the website […]
Wintershall DEA Names Manfred Böckmann To Head Argentina Unit
(Wintershall, 2.May.2019) â Wintershall Dea announced a change of leadership at Wintershall EnergĂa (soon to be Wintershall Dea Argentina). Manfred Böckmann took over the position of Managing Director in Argentina on 1 May 2019, the same day the two German companies Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG […]
LatAmNRG Bolivia Briefs: YPFB Investments 2019-2025; Gas Consumption Of 13 MMcm/d
(Energy Analytics Institute, Ian Silverman, 1.May.2019) â Heard on the street and LatAmNRG briefs related to Bolivia the land-locked country generating oil and gas revenues of estimated $37,484 million during 2006-2019, state oil and gas entity YPFB eyeing investments of $9,800 million during 2019-2025, and YPFB saying Bolivian domestic market […]
EP PetroEcuador Restarts Non-Catalytic Unit #1 At Esmeraldas Refinery
(Energy Analytics Institute, Piero Stewart, 1.May.2019) â EP PetroEcuador announced the restart on 1 May 2019 of operations at the non-catalytic unit #1 of its Esmeraldas refinery, the company announced in an official statement. Incorporation of this unit will allow for import reductions on the magnitude of nearly 520,000 barrels […]
Noble Corporation plc Reports 1Q:19 Results
(Noble, 1.May.2019) â Noble Corporation plc today reported a net loss attributable to the Company for the three months ended March 31, 2019 (first quarter) of $71 million, or $0.29 per diluted share, of which $4 million, or $0.02 per diluted share related to discontinued operations. The Company’s net loss […]
Pemex’s Net Income Falls 132.9% In 1Q:19 Vs 1Q:18, EBITDA Falls 16.6%
(Energy Analytics Institute, Pietro D. Pitts, 25.Apr.2019) â Mexicoâs state oil company Petroleos Mexicanos (Pemex) reported a net loss of 35.1 billion pesos ($1.8 billion) during the first quarter of 2019, down 132.9% compared to net income of 106.8 billion pesos in the first quarter of 2018, the company announced […]
Peru Gives Tullow Oil Another Shot At Exploration
(Argus, 1.May.2019) â Peru reapproved a contract for UK-listed Tullow Oil to explore shallow-water block Z-64. This is Tullow’s second chance with the block, nearly a year after its original contract was cancelled. The 54,000-hectare block lies off the northern coastal department of Tumbes, where Canadian independent Frontera Energy operates […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the sale to Chevron USA Inc. (Chevron) of 100% of its shares in the companies that encompass Pasadena’s entire refining operations system in the United States. […]
BASF And LetterOne Finalize Merger Of Wintershall And DEA
(LetterOne, 1.May.2019) â LetterOne and BASF today announced the completion of the merger of their oil and gas businesses to create Wintershall Dea, the largest independent exploration and production company in Europe. All necessary regulatory approvals were received from nine countries, including Germany, Norway, the United Kingdom and Russia. Highlights: […]
Calling Students Ages 13-18 Years Old To Participate In Science And Math Contest
(Breakthrough, 1.May.2019) â The Breakthrough Prize Foundation announced today the launch of its fifth annual Breakthrough Junior Challenge, a global student science and mathematics competition designed to inspire creative thinking about fundamental concepts in the life sciences, physics and mathematics. All students must register at https://breakthroughjuniorchallenge.org and submit completed entries between […]
McDermott Awarded EPC Contract By ENI MĂ©xico For Amoca Field Offshore
(McDermott, 30.Apr.2019) â McDermott International, Inc. announced the award of a contract by ENI MĂ©xico for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 18 miles (30 kilometers) offshore Dos Bocas in southeast Mexico. The four-deck topsides will have two […]
Petrobras Announces Release Date Of 1Q:19 Results
(Petrobras, 30.Apr.2019) â Petrobras will release 2019 first quarter results (1Q19) on May 7, after the closing of the market in Brazil (B3). On May 8 will be held two teleconferences/webcasts (Portuguese and English) to present its results to the companyâs analysts and investors. The first, in Portuguese, will be […]
Mexicoâs State Oil Entity Pemex Swings To Loss In First Quarter
(Reuters, Ana Isabel Martinez, 30.Apr.2019) â Petroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and crude output at the heavily-indebted Mexican state oil company fell, results posted to the stock exchange showed on Tuesday. Revenues at Pemex were 356.3 billion […]
Pampa EnergĂa Files Annual Report On Form 20-F For Year Ended Dec. 31, 2018
(Pampa, 30.Apr.2019) â Pampa EnergĂa S.A., the largest independent energy integrated company in Argentina, with participation in the electricity and gas value chain, announces today it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 (the ‘2018 Annual Report’) before the U.S. Securities […]
Petrobras Presents Strategic Plan For Guyanaâs Oil And Gas Sector
(Stabroek News, 30.Apr.2019) â Representatives of the majority-state-owned Brazilian oil company, Petrobras yesterday presented a five-year strategic plan for Guyanaâs oil and gas industry, which includes technical assistance, export and import services and training, according to a statement from the Department of Public Information (DPI). The plan was presented to […]
Oil Tops $73/bbl Then Pares Gains As Venezuela’s Maduro Claims Support
(Reuters, Collin Eaton , 30.Apr.2019) â Oil prices rose on Tuesday above $73 a barrel but then eased off the session high after Venezuela’s president Nicolas Maduro said military leaders remained loyal to his government despite an attempted coup that could further threaten the OPEC producer’s oil exports. Prices rose […]
Pemex Results Swing To Loss In First Quarter
(Reuters, 30.Apr.2019) â Mexicoâs Pemex swung to a 35.7 billion peso ($1.8 billion) loss during the first quarter, as sales at the heavily-indebted state oil company slipped in comparison to the same period a year earlier, results posted to the stock exchange showed on Tuesday. Sales at the company were […]
Brazil’s Petrobras Files Reference Form 2018
(Petrobras, 30.Apr.2019) â Petrobras reports that it filed today the Reference Form (âFormulĂĄrio de ReferĂȘnciaâ) for the financial year 2018 with the Securities and Exchange Commission of Brazil (ComissĂŁo de Valores MobiliĂĄrios, “CVM”), in compliance with CVM Instruction no. 480/09. The Reference Form can be accessed over the internet on […]
Enel Américas Files 2018 Annual Report On Form 20-F
(Enel, 29.Apr.2019) â Enel AmĂ©ricas, announced today that its 2018 Annual Report on Form 20-F has been filed with the United States Securities and Exchange Commission on April 26, 2019. Enel AmĂ©ricas is a company engaged in the electricity generation and distribution businesses in Argentina, Brazil, Colombia and Peru. Our […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) â Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue to develop its business and comply with obligations assumed with employees, customers and suppliers,” reported online media La Red 21. Regarding gas distribution, Petrobras Uruguay […]
Ecopetrol Sets Date For 1Q:19 Earnings Report, Conference Call
(Ecopetrol, 29.Apr.2019) â Ecopetrol S.A. announces that on May 6, 2019 after market close, it will release its financial and operating results for the first quarter of 2019. On Tuesday, May 7, Ecopetrol’s senior management will host two conference calls to review the results. Please find below the timing, dial-in […]
LatAmNRG Mexico Briefs: Odebrecht Contracts, FMP Transfer, Oil Slide Halted
(Energy Analytics Institute, Jared Yamin, 27.Apr.2019) â Heard on the street and LatAmNRG briefs related to Mexico reviewing Odebrecht contracts, FMP transferring 115 billion pesos to Federal Treasury and Mexicoâs President AndrĂ©s Manuel LĂłpez Obrador claiming that his government has halted the slide in the countryâs crude oil production Mexico […]
Houses And Pipelines Associated With Pacific Refinery Uninsured
(Energy Analytics Institute, Piero Stewart, 27.Apr.2019) â Nearly 140 houses adjacent to an embankment intended to be used by the Pacific Refinery as well as a corresponding $334 million pipeline that connects the La Esperanza dam are said to be without insurance. The mentioned assets have been without insurance coverage […]
Ecopetrol Reports Attack To OTA Pipeline In Casas FrĂas De Pupiales
(Energy Analytics Institute, Piero Stewart, 26.Apr.2019) â Colombiaâs state oil company Ecopetrol activated a contingency plan along the Trasandino Pipeline (OTA) after an attack on the installation occurred on 26 April 2019 in the village of Casas FrĂas de Pupiales (Nariño). The most recent attack caused a pipeline rupture and […]
Companhia Paranaense De Energia Files Form 20-F
(Copel, 26.Apr.2019) â Companhia Paranaense de Energia â COPEL, a company that generates, transmits, distributes and sells power, with shares listed on the NYSE (ELPVY, ELP), B3 (CPLE3, CPLE5, CPLE6) and the LATIBEX (XCOP), hereby informs its shareholders and the market in general that it has filed its annual Form […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) â Petrobras announced that the Board of Directors, in a meeting held today, approved  new guidelines for the management of its asset portfolio. The guidelines are in line with the Resilience Plan, released on 03/08/2019, being part of the preparation process of the 2020-2024 Business and Management Plan, […]
Petronas Enters SPA with Petrobras for Stake in Tartaruga Verde Field
(Petronas, 26.Apr.2019) â Petronas through its subsidiary, Petronas PetrĂłleo Brasil Ltda. (PPBL) entered into a Sale and Purchase Agreement (SPA) with PetrĂłleo Brasileiro S.A. (Petrobras), Brazilâs petroleum multinational corporation, for a 50% equity in the Tartaruga Verde field (BM-C-36 Concession) and its facilities, Module III of the Espadarte field, both […]
ANH President Discusses Projects At Colombiaâs Escuela Superior de Guerra
(Energy Analytics Institute, Aaron Simonsky, 26.Apr.2019) â Colombia National Hydrocarbon Agency President Luis Miguel Morelli presented âOffshore Exploration and Production Projectsâ during a discussion at Colombiaâs Military School “Escuela Superior de Guerra”. ***
IDB Lends $600 Million To Aid Colombia Improve Energy Matrix
(Renewables Now, 26.Apr.2019) â The Inter-American Development Bank (IDB) announced on Thursday it will give Colombia a USD-600-million (EUR 538.9m) loan to diversify and improve its energy matrix and integrate non-conventional renewables such as wind, solar and biogas. The IDB loan has a 19-year term, with a 5.5-year grace period and […]