(Asianet-Pakistan, 28.Apr.2018) â ‘Unfortunately, the well did not encounter commercial quantities of hydrocarbons. Exploration wells come with a certain amount of risk and this is […]
Pemex Turns $6 Bln Profit On Oil Prices
(Reuters, 27.Apr.2018) â Mexican state-run oil company Pemex said on Friday its net profit rose 29 percent in the first quarter compared with the year-earlier […]
ConocoPhillipsâs Chilean Interests
(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2018) — ConocoPhillips is active in Chile in the Coiron Block in the Magallanes Basin, the company reported in a […]
ConocoPhillipsâs Interest in Colombia
(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2018) — ConocoPhillips is active in Colombia in the Middle Magdalena Basin at VMM-3 and VMM-2, where it serves as […]
Favorable Terms To Help Guyana Prove Potential
(Rystad, 19.Apr.2018) â Rystad Energy analysis shows that Guyanaâs fiscal regime is favorable to oil companies when compared to mature oil and gas development countries […]
Golar Power Closing on 1.5GW Sergipe Power Project
(Golar LNG, 19.Apr.2018) â Golar LNG Limited announce that Golar Power Limited, a joint venture with Stonepeak Infrastructure Partners, has reached financial closing on the […]
Ghana Trade Mission Breakfast: Claxton Bay, Trinidad
(The Energy Chamber of Trinidad and Tobago, 19.Apr.2018) â The Sekondi Takoradi Chamber of Industry and Commerce and the Ghana National Petroleum Corporation (GNPC) will […]
EPM Installs Colombia’s ‘First’ Floating PV Project
(PV-Tech, Tom Kenning, 18.Apr.2018) â Colombian utility EPM has installed what it claims to be the countryâs first floating solar plant, standing at 100kW at […]
Colombia March Crude Output up 6.5% vs Year Ago
(Reuters, 17.Apr.2018) â Crude oil production in Colombia reached an average of 856,478 barrels per day (bpd) in March, the Mines and Energy Ministry said […]
Total President Says Output At One Venezuela Field Down 33%
(Energy Analytics Institute, Piero Stewart, 22.Apr.2018) â Patrick Pouyanne, the Chief Executive Officer of French major Total, announced production at one of its oil fields […]
Ecopetrol Reports Highest Net Income in Last 4 Years
(Energy Analytics Institute, Jared Yamin, 15.Apr.2018) â- During the first three months of 2018, Ecopetrol reported its highest quarterly net income in the last four […]
Chile and Argentina to Boost Gas, Oil Output
(Santiago Times, 6.Apr.2018) â The state-run energy firms of Chile and Argentina have inaugurated a US$ 354 million project to increase production of natural gas […]
Colombia’s Attorney General to Investigate Ecopetrol Oil Spill
(Reuters, 3.Apr.2018) â Colombia’s attorney general’s office on Monday launched an investigation to determine whether officials from state-run oil company Ecopetrol could be held criminally […]
TGS To Build Vaca Muerta Gas Pipeline, Conditioning Plant
(Reuters, 3.Apr.2018) — Argentine natural gas company Transportadora de Gas del Sur (TGS) will invest an initial $250 million on gas transportation infrastructure in 2018 […]
TGS to Invest $250 Mln in Infrastructure to Transport Vaca Muerta Gas Production
(Transportadora de Gas del Sur S.A., 3.Apr.2018) â Transportadora de Gas del Sur S.A. (TGS) executed an agreed minute with the Undersecretary of Energy, Mining […]
Frontera Energy to Double Investment in Colombia, Peru
(Reuters, 2.Apr.2018) – Canada’s Frontera Energy Corp named a new chief executive on Monday, and said it plans to more than double its investment in […]
Sapura, Partners Awarded Mexicoâs Block 30
(Energy Analytics Institute, Ian Silverman, 1.Apr.2018) â The consortium, comprised of three companies, was awarded a block in the southeastern basin of the Gulf of […]
PDVSA Refining VP Blanco Visits Puerto La Cruz Refinery
(Energy Analytics Institute, 28.Mar.2018) â PDVSA Refining Vice President Guillermo Blanco visited the operational areas of Puerto La Cruz Refinery (RPLC), located in northern AnzoĂĄtegui […]
PetroChina, Rosneft Leave Venezuela Refining Projects
(Kallanish Energy, 28.Mar.2018) â Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuelaâs CardĂłn and […]
Venezuela Tries To Pay Russian Debt With Cryptocurrency
(Tsvetana Paraskova, OilPrice.com, 28.Mar.2018) â If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have […]
Venezuelaâs Refining Capacity Impresses But Utilization Tells Story
(Energy Analytics Institute, Pietro D. Pitts, 27.Mar.2018) â Venezuelaâs PDVSA owns six domestic refineries with a combined processing capacity of 1,303 thousand barrels per day […]
Officials from Trinidad and Venezuela Discuss Gas Deals
(Energy Analytics Institute, Piero Stewart, 27.Mar.2018) â Delegations from Trinidad and Tobago and Venezuela meet in Caracas to review progress related to gas agreements between […]
Mexico Awards Blocks In Final Oil Auction Before Election
(Reuters, David Alire Garcia & Marianna Parraga, 27.Mar.2018) — Mexico awarded just under half of the 35 shallow-water blocks it tendered on Tuesday, in an […]
Argentina to Develop Tight Shale Oil, Gas
(OGJ, Nick Snow, 27.Mar.2018) â With the largest shale gas resources and tight oil deposits second only to those of the US in the Western […]
Pemex Signs Shale Contract With Lewis Energy
(Reuters, 26.Mar.2018) — Mexican state oil company Pemex said on Monday it had signed a contract with U.S. firm Lewis Energy for the exploration and […]
Expert Urges Faster Global Transition to Clean Energy
(Efe, 23.Mar.2018) â The world must accelerate its transition from a carbon-based to a clean energy-based economy to put the brakes on a climate catastrophe […]
Expert from UG Not Sanguine About âUp Frontâ Cash
(Stabroek News, 23.Mar.2018) â âWhile the front-loading of contracts and the securing of large contracts might be politically popular it might prove to be economically […]
Guyana: The Oil Contract Debate
(By Lakhram Bhagirat and Leyland M. Lucas, Stabroek News, 23.Mar.2018) â In the late 1990s, Guyana signed an Oil and Gas exploration agreement with Exxonâs […]
PDVSA to Shut Three of Four Refineries Indefinitely: Platts
(Platts, 22.Mar.2018) â PDVSA is planning to close three of its four large refineries in Venezuela indefinitely due to of lack of crude to process […]
Jamaica, Venezuelan Officials Discuss Bilateral Issues
(Energy Analytics Institute, Piero Stewart, 22.Mar.2018) â Jamaicaâs Foreign Minister Kamina Johnson-Smith and her Venezuelan counterpart Jorge Arreaza held a high-level bilateral meeting in Caracas […]
Oil Workers Protest at PDVSA HQs In Caracas
(Energy Analytics Institute, Piero Stewart, 22.Mar.2018) â Workers at PDVSAâs headquarters in Caracas, La Campiña, participated in protest today inside the companyâs main building, reported […]
Can Solar Energy Speed Puerto Rico’s Recovery?
(PBS NewsHour, 20.Mar.2018) â Here’s what it would take Six months after Hurricane Maria, and whole towns in Puerto Rico still remain without power. Many think […]
PDVSA Lagunillas Site Fire Takes 12 Hours to Extinguish
(Energy Analytics Institute, Piero Stewart, 20.Mar.2018) â A fire reported Saturday 17 March 2018 at a PDVSA controlled petroleum site located in the Lagunillas sector […]
Pampa EnergĂa Announces Settlement Agreement in Ecuador
(Pampa EnergĂa S.A., 19.Mar.2018) â Pampa EnergĂa S.A. announced that regarding the conflict that EcuadorTLC (a subsidiary company established in the Republic of Ecuador and […]
PDVSA Collective Contract Eliminates 8 Hour Shifts
(Energy Analytics Institute, Piero Stewart, 19.Mar.2018) â A new collective contract signed by PDVSA on 14 March 2018 eliminates 8 hour shifts and work lunch […]
Will Money from Guyana’s Oil Boom Get to the People
(CaribNation TV, 16.Mar.2018) â Guyana is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of […]
Caribbean Of 2040: Vibrant Economies
The Caribbean Of 2040: vibrant economies where people are safe, productive, and happy, according to a video by Inter-American Development Bank (IDB).
Process for Pemex Second Farm-Out Begins
(Pemex, 7.Mar.2017) â The approval of the bidding process for the selection of a partner for the exploration and extraction of the Ayin and Batsil […]
Siemens Delivers Compressor Trains For Fermaca Pipeline In Mexico
(Siemens, 7.Mar.2018) â Siemens recently delivered five gas turbine-driven compressor trains to Fermaca Enterprises (Fermaca) for two pipeline stations in Mexico. The pipeline projects, which […]
Dominican Republic to Join Caribbean Energy Rush
(Bloomberg, Ezra Fieser, 5.Mar.2018) â The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the […]
CGX Energy Appoints Engineer For Corentyne Well in Guyana
(CGX, 2.Mar.2018) â CGX Energy Inc. announced appointment of Drilling Engineer Michael (Mike) P. Stockinger as Project Operations Manager, who will be in charge of […]
ExxonMobil Announces Seventh Oil Discovery Offshore Guyana
(Exxon Mobil, 28.Feb.2018) â Exxon Mobil Corporation announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. ExxonMobil encountered approximately 65 […]
Guyana Basin Exploration to Ramp: Wood Mackenzie Says
(Energy Analytics Institute, Ian Silverman, 28.Feb.2018) â The Liza discovery was the largest oil discovery in 2015 and has significantly de-risked the Cretaceous Tertiary play, […]
Barbados: Energy Boost
(Barbados Today, Luova Labs, 20.Feb.2018) â Governmentâs spokesman on energy Senator Darcy Boyce has said that independent producers of renewable energy would likely be able […]
Guyana Is About to Open Up Pandora’s Barrel
(Mac Margolis, 16.Feb.2018) â Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income […]
Power Auction Victory Promises A Change In Power
(MHPS, 14.Feb.2018) â Mitsubishi Hitachi Power Systems (MHPS) celebrated its first win in Brazil for the technical selection of its M501 JAC Gas Turbine for […]
Mexico In Full Swing
(Petroleum Economist, Aldo Flores-Quiroga, 8.Feb.2018) â Mexico’s oil and gas industry will be completely open to private investment by end-2018. For the first time in […]
Tecpetrol Opens Gas Treatment Plant in Vaca Muerta
(ARPEL, February 6, 2018) â Tecpetrol, an oil company of the Techint Group and member of ARPEL, opened a gas treatment plant located in the […]
Vaca Muerta Megaproject â A Fracking Carbon Bomb In Patagonia
(Observatorio Petrolero Sur, 5.Feb.2018) â Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen […]