PDVSA’s Del Pino Backs Constituent

(Energy Analytics Institute, Ian Silverman, 23.May.2017) – PDVSA President Eulogio Del Pino announced that he fully backs Venezuelan President NicolĂĄs Maduro in the Constituent Assembly […]

Venezuelan Oil Workers March With Maduro

(Energy Analytics Institute, Ian Silverman, 23.May.2017) – Venezuelan petroleum sector workers accompanied Venezuelan President NicolĂĄs Maduro during a march for peace to the headquarters of […]

PDVSA’s Deterioration on All Fronts

(Energy Analytics Institute, Pietro D. Pitts, 22.May.2017) – In recent weeks PDVSA has reported at least three accidents: Petrotrin oil spill in Sucre state and […]

PDVSA, Shell Discuss Gas Exports

(Energy Analytics Institute, Piero Stewart, 21.May.2017) – PDVSA and Shell continue to conduct discussions related to the exportation of Venezuelan natural gas to the twin-nation […]

PDVSA Contingency Plan for T&T Oil Spill

(Energy Analytics Institute, Ian Silverman, 21.May.2017) – PDVSA reiterated in a twitter post that once the authorities from Trinidad and Tobago notified the company of […]

PDVSA Says Curacao Refinery Fire Out

(Energy Analytics Institute, Ian Silverman, 21.May.2017) – PDVSA announced that it has completely controlled a fire that occurred at its Isla de Curacao refinery. The […]

PDVSA Says Oil Spill Clean-up Advances

(Energy Analytics Institute, Piero Stewart, 20.May.2017) – PDVSA announced that clean-up activities continue along the Venezuelan coast off Sucre state, related to the spill of […]

Venezuela Faces Liquidity Crisis

(Piero Stewart, Energy Analytics Institute, 20.May.2017) – Petroleum production below historic average levels, economic distortions on all fronts, the problem with Venezuela, which is clear […]

Venezuela’s High Inflation, Hyperinflation

(Piero Stewart, Energy Analytics Institute, 20.May.2017) – “This government doesn’t want to reduce inflation because this government, generating inflation uses it to finance itself,” said […]

PDVSA Guarantees Gasoline, Fuel Supply

(Energy Analytics Institute, Aaron Simonsky, 20.May.2017) – PDVSA continues to guarantee the supply of fuels across the country despite ongoing protests, reported PDVSA in an […]

PDVSA Steps Up Fuel Security

(Energy Analytics Institute, Ian Silverman, 18.May.2017) – PDVSA has reinforced effects to protect is fuel supply amid ongoing protests across Venezuela. Several protests have led […]

PDVSA Halts Cardon Catalytic Unit

(Energy Analytics Institute, Ian Silverman, 16.May.2017) – PDVSA halted the catalytic cracking unit at the 310,000 barrel-per-day CardĂłn refinery in Punto Fijo, reported Reuters, citing […]

PDVSA, Camimpeg-SPS Ink Maracaibo Deal

(Energy Analytics Institute, Aaron Simonsky, 16.May.2017) – PDVSA in alliance with Camimpeg (Compañía AnĂłnima Militar de Industrias Mineras, PetrolĂ­feras y Gas) and Southern Procurement Services […]

IndoVenezolana Opens Injection Plant

(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) – Petrolera Indovenezolana opened a Saltwater Injection Plant in Zuata North field, AnzoĂĄtegui state to boost production and prevent […]

Sidor Warns of Theft of Copper, Minerals

(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) – The president of SiderĂșrgica del Orinoco (Sidor), Justo Noguera Pietri, announced the mineral sector in Guayana was under […]

Trinidad Oil Spill Reaches Venezuelan Beaches

(Energy Analytics Institute, Aaron Simonsky, 13.May.2017) – PDVSA has intensified contingency measures to counter the ill effects of an oil spill that occurred last week […]

PDVSA’s Barinas Plant Ready in June 2017

(Energy Analytics Institute, Aaron Simonsky, 13.May.2017) – PDVSA announced construction of a 100-MW electric generation plant located in Barinas state had reached the 98% mark […]

PDVSA Participates in OTC 2017 in Houston

(Energy Analytics Institute, Aaron Simonsky, 13.May.2017) – PDVSA participated in the Offshore Technology Conference held in Houston, Texas from 1-4.May.2017. PDVSA Gas Vice President CĂ©sar […]

Venezuela Eyes 2018 Presidential Elections

(Energy Analytics Institute, Aaron Simonsky, 13.May.2017) – Venezuelan President Nicolas Maduro said during a speech televised on national TV that “rain, thunder or lightning, in […]

YPF And Schlumberger Ink Bandurria Sur JV Deal

(Schlumberger, 12.Apr.2017) — Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Ángel GutiĂ©rrez, signed an agreement to start a shale oil pilot project […]

ANP Notice on Participation in Lula Field

(Petrobras, 1.Apr.2017) – Petrobras announced that, on March 30, 2017, Consortium BM-S-11 received a notice of violation issued by the National Petroleum, Natural Gas and […]

Petrobras Says P-69 Arrives in Brazil

(Petrobras, 30.Mar.2017) – Platform is now at Brasfels shipyard in Angra dos Reis On March 28, the hull of floating production, storage and offloading vessel […]

Petrobras Updates on BaĂșna, Tartaruga Verde

(Petrobras, 30.Mar.2017) – Petrobras, in continuation to the material facts of 10/6/2016, 12/20/2016, and 3/15/2017 and to the press release of 11/21/2016, clarifies that it […]

Petrobras Updates on Shareholders Meeting

(Petrobras, 27.Mar.2017) – Petrobras informed that the Extraordinary General Shareholders Meeting, held in the Auditorium of the company’s headquarters on Avenida Republic of Chile nÂș […]

Reelection of Petrobras CEO

(Petrobras, 27.Mar.2017) – Petrobras reports that in the meeting held yesterday Petrobras’ Board of Directors approved the reelection of CEO Pedro Pullen Parente for a […]

Petrobras’ Sale of PetroquĂ­micaSuape and Citepe

(Petrobras, 27.Mar.2017) – Petrobras, in continuation to the material fact disclosed on December 28, 2016, informed that, the Shareholders’ Extraordinary General Meeting approved the sale […]

Venezuela to End Oil Rentier Model

(Energy Analytics Institute, Piero Stewart, 26.Mar.2017) – Venezuela’s President Nicolas Maduro announced that this year the South American country would change its oil rentier model […]

Citgo Says No to Heating Oil Program

(Energy Analytics Institute, 26.Mar.2017) – Houston-based Citgo Petroleum Corporation, the U.S.-based refinery arm of PDVSA, had to skip out on sending heating oil to citizens […]

Venezuela Output To Fall 100-150 Mb/d in 2017

(Energy Analytics Institute, Piero Stewart, 26.Mar.2017) – An inability to boost foreign and domestic investments in Venezuela’s oil sector in 2017 will result in further […]

Petrobras Offers Clarification: CARF Ruling

(Petrobras, 24.Mar.2017) – Petrobras informed that the Administrative Board of Tax Appeals (CARF) issued on 3/22/17 a decision in favor of the Company, in the […]

Petrobras Reports 2016 Results

(Petrobras, 23.Mar.2017) – Petrobras’ results in 2016 were marked by a significant improvement in its operational performance over the course of the year, reflected in […]

Tecpetrol to Invest $2.3 Bln in Vaca Muerta

(Reuters, Eliana Raszewski, 23.Mar.2017) — Argentina’s Tecpetrol, part of the Techint Group, said on Thursday it would invest $2.3 billion in the Vaca Muerta shale […]