(Hess, 23.Oct.2017) — Hess Corporation entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a […]
Guyana’s Coast Gets Battered By Waves
(Energy Analytics Institute, 10.Oct.2017) — Guyana, the small English-speaking South American country that is set to become the region’s next petro-state, sit below sea level […]
Anadarko To Invest $200mn In Peruvian Oil Area
(Reuters, 9.Oct.2017) — U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo […]
ExxonMobil Announces Fifth Discovery Offshore Guyana
(Exxon Mobil, 5.Oct.2017) – Exxon Mobil Corporation announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s […]
Colombia And A Shift To Unconventional Oil And Gas?
(McDaniel, 30.Sep.2017) — Colombia is a positive example of a country re-structuring but investment is still required to replenish reserves & production levels, according to […]
The Caribbean Poised To Become Major Oil Region
(OilPrice.com, Haley Zaremba, 22.Aug.2017) – In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. […]
Open Season Fees, Delays Puzzle Mexico’s Investors
(Platts, 11.Aug.2017) — Pemex has yet to announce the next phase of its refined products logistics open season, which could be impacting investment decisions on […]
ExxonMobil Announces Successful Payara-2 Well Offshore Guyana
(Exxon Mobil, 25.Jul.2017) – Exxon Mobil Corporation announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to […]
ExxonMobil Acquires Interest in Acreage Offshore Suriname
(Exxon Mobil, 13.Jul.2017) – Exxon Mobil Corporation announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a […]
As Venezuela’s Economy Plummets, Mass Exodus Ensues
(9.Jul.2017, PBS NewHour) – Despite having the largest oil reserves in the world, Venezuela’s economy is in a freefall, necessities have become scarce and tens […]
PDVSA’s Domestic Refinery Utilization Rate Down
(Energy Analytics Institute, Aaron Simonsky, 16.Jan.2017) – Refining utilization rates at PDVSA’s six domestic refineries averaged 30.7 percent in 2016 owing to permanent and temporary […]
CFE Cancels Baja California Sur Natural Gas Project
(Platts, 30.Jun.2017) — Mexican state-run utility CFE has canceled its auction to bring natural gas into the Pacific state of Baja California Sur, the company […]
Shell Says Bonny Light Force Majeure Lifted
(Energy Analytics Institute, 28.Jun.2017) — Shell announced that the force majeure on Bonny Light exports was lifted effective 12:00 hours (Nigerian time). The lifting of […]
ExxonMobil Makes Final Decision Regarding Liza Development
(Exxon Mobil, 16.Jun.2017) – Exxon Mobil Corporation said it has made a final investment decision to proceed with the first phase of development for the […]
Pacific Changes Name To Frontera Energy Corporation
(Pacific Rubiales, 12.Jun.2017) — Pacific Exploration & Production Corporation changed its corporate name to Frontera Energy Corporation to mark the beginning of a new era […]
BPTT’s Angelin Platform Being Built in Mexico
(BPTT, 1.Jun.2017) — Watch BPTT’s Angelin platform come to live in this time lapsed video. See the amazing progress of the BPTT Angelin platform being […]
BPTT’s Angelin Project Gets Green Light
(BPTT, 1.Jun.2017) — BP Trinidad and Tobago LLC announced the sanction for the development of its Angelin offshore gas project. The project will feature the […]
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 Nicolás 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 Nicolás 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 […]
Venezuelan Ranchers Affected by Gasoline Shortages
(Energy Analytics Institute, Jared Yamin, 19.May.2017) – In recent weeks, a reported 66 companies in Venezuela dedicated to the collection of milk have closed their […]
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 […]
Argentina Imports Natural Gas From Chile Under Two Contracts
(Energy Analytics Institute, Jared Yamin, 17.May.2017) – Argentina started importing natural gas from Chile, and will continue over an estimated three month period in order […]
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 Cardón 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 Anónima Militar de Industrias Mineras, Petrolíferas 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, Anzoátegui state to boost production and prevent […]
Sidor Warns of Theft of Copper, Minerals
(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) – The president of Siderúrgica 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 César […]
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 Gutiérrez, signed an agreement to start a shale oil pilot project […]
SAExploration Signs Three Year Agreement With Hocol In Colombia
(SAExploration, 12.Apr.2017) — SAExploration Holdings, Inc. (SAE) announced the signing of a three year agreement with Hocol S.A. to be its provider of seismic acquisition […]
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 […]
ExxonMobil Announces New Oil Discovery Offshore Guyana
(Exxon Mobil, 30.Mar.2017) – Exxon Mobil Corporation announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling […]
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 […]