(Energy Analytics Institute, Piero Stewart, 26.Mar.2017) â An inability to boost foreign and domestic investments in Venezuelaâs oil sector in 2017 will result in further […]
Tofco Completes Fabrication Of Historic Juniper Topsides
(Chet Morrison, 25.Mar.2017) â TOFCO recently completed work for the Juniper offshore gas platform topsides at its facility in La Brea, Trinidad. The project marks […]
Petrobras Offers Clarification: CARF Ruling
(Petrobras, 24.Mar.2017) â 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) â Petrobrasâ 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) â Argentinaâs Tecpetrol, part of the Techint Group, said on Thursday it would invest $2.3 billion in the Vaca Muerta shale […]
Petrobras Announces Resignation of Council Member
(Petrobras, 23.Mar.2017) â Petrobras informed that Mr. Paulo JosĂ© dos Reis Souza, member of the Fiscal Council, submitted his resignation to the post, effective on […]
Petrobras Offers Clarifications on Libra Pilot Project
(Petrobras, 21.Mar.2017) â Petrobras and its partners are committed to implementing the production sharing agreement (PSA) for the Libra area, executed in 2013 and for […]
Peña Nieto Presides Over Commemoration Ceremony
(Pemex, 18.Mar.2017) â Mexican President Enrique Peña Nieto presided over the commemoration ceremony on March 18, 2017 at the maritime terminal of Ciudad del Carmen, […]
Pemex Director Visits Families of Salamanca Accident
(Pemex, 17.Mar.2017) â JosĂ© Antonio GonzĂĄlez Anaya, General Director of PetrĂłleos Mexicanos, met with the family members of the workers who were injured in the […]
Moody’s Takes Action on Cosan’s Ratings
(Moody’s Investors Service, 17.Mar.2017) â Moody’s Investors Service affirmed the ratings of the notes issued by Cosan Overseas Limited and Cosan Luxembourg S.A. and guaranteed […]
Colombia to Benefit from Internationalizing Currency
(Energy Analytics Institute, Ian Silverman, 15.Mar.2017) â The Oxford Business Group said that Colombia only stands to benefit from further internationalizing its currency as it […]
President Energy Updates on Argentine Reserves
(President Energy Plc, 15.Mar.2017) â President Energy Reports Audited Argentine Reserves Upgrade President Energy Group 2P Hydrocarbon Reserves now in excess of 20 MMBoe. Highlights: […]
Petrobras Says Court Authorizes Divestment Program
(Petrobras, 15.Mar.2017) â Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) […]
Mexico’s First Open Season Auction
(Pemex, 15.Mar.2017) â Last December 20th, the application period for those interested in participating in the first Open Season auction, was opened. From March 10, […]
Venezuela Not Selling Gasoline in Pesos
(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) â Venezuela expects to receive between $120,000 and $150,000 per day from the sale of its gasoline along the […]
Petrobras’ Unaffected by Brazil’s Outlook
(Moody’s, 15.Mar.2017) â On 15 March 2017 Moody’s changed the outlook on the Government of Brazil’s Ba2 rating to stable from negative, reflecting Moody’s expectation […]
Petrobras Reports Oil, Gas Output in February
(Petrobras, 14.Mar.2017) â Petrobrasâ oil and natural gas production in February totaled 2.82 million barrels of oil equivalent per day (boed), with 2.703 million boed […]
President Energy Provides Update on Argentine Ops
(President Energy Plc, 12.Mar.2017) â President Energy announced that the first workover of a previously producing well, DP12 at the Dos Puntitas field, has been […]
Mexicoâs Fuel Consumption in January 2017
(Energy Analytics Institute, Fidencio Casillas, 12.Mar.2017) â Mexico consumed 193 million liters of fuel in January 2017, state oil company PetrĂłleos Mexicanos (Pemex) Gasolinera wrote […]
Venezuela Holds World’s 8th Largest Gas Reserves
(Energy Analytics Institute, Piero Stewart, 11.Mar.2017) â Venezuela, the country with the worldâs largest crude oil reserves, also continues to hold the worldâs eighth largest […]
Jusepin Plant to Assist PDVSA Gas Reduce Flaring
(Energy Analytics Institute, Piero Stewart, 11.Mar.2017) â PDVSA said that the start of the Jusepin 200 gas processing plant will allow its affiliate PDVSA Gas […]
Guri Dam Water Level Above 2016 Levels
(Energy Analytics Institute, Piero Stewart, 11.Mar.2017) â The water level at Venezuelaâs Guri Dam was at 261 meters above sea level as of March 1, […]
Bolivia Says El Alto to Have Gas in 2018
(Energy Analytics Institute, Jared Yamin, 10.Mar.2017) â The entire population of the city El Alto will have access to domestic gas service in 2018. Boliviaâs […]
Shushufindi Plant Has 20 Mb/d LPG Capacity
(Energy Analytics Institute, Clifford Fingers III, 10.Mar.2017) â Ecuador’s Shushufindi refinery has the capacity to bottle or fill 20,000 cylinders per day of liquefied petroleum […]
Petrobras Clarification on Alliance News
(Petrobras, 10.Mar.2017) â Petrobras understands that the content disclosed to the market on the Strategic Alliance with Total on 10/24/2016, 12/21/2016 and 3/1/2017, includes the […]
Petrobras Updates on Nova Transportadora Sale
(Petrobras, 10.Mar.2017) â Petrobras informed that it was suspended today by the President of the Federal Regional Court for the 5th Region, the injunction that […]
Colombiaâs TermoCandelaria Fined 35.4 Bln Pesos
(Energy Analytics Institute, Jared Yamin, 10.Mar.2017) â Colombian energy generator TermoCandelaria was fined 35,410 million pesos, equivalent to 48,000 minimum salaries, by the countryâs Public […]
Pemex Director Meets Oil Sector Leaders
(Pemex, 8.Mar.2017) â The General Director of PetrĂłleos Mexicanos, JosĂ© Antonio GonzĂĄlez Anaya, had an intense activity during CERA week, the most important event of […]
Moody’s Changes Outlook on Argentine Cos
(Moody’s Investors Service, 7.Mar.2017) â Moody’s Investors Service revised to positive from stable the outlook for several companies operating in Argentina, while all ratings were […]
Strategic Alliance Between Petrobras, Total
(Petrobras, 7.Mar.2017) â Petrobras clarified that the R$ 500 million amount mentioned in the article published by the newspaper O Estado de S. Paulo and […]
Harvest Natural Announces 4Q:16 Results
(Harvest Natural Resources, Inc., 6.Mar.2017) â Harvest Natural Resources, Inc. announced 2016 fourth quarter and year-end earnings. Harvest posted a fourth quarter 2016 net income […]
EcoStim Secures $17 Million in New Funding
(Eco-Stim Energy Solutions, Inc., 6.Mar.2017) â Eco-Stim Energy Solutions, Inc. announced that an affiliate of Fir Tree Partners (FTP) entered into a transaction with an […]
Pemex, BHP Billiton to Develop Trion Block
(Pemex, 3.Mar.2017) â PetrĂłleos Mexicanos and the Australian company BHP Billiton signed an agreement to develop the deep-water Trion Block during an event hosted by […]
Mariscal Sucre to Produce 300 MMcf/d
(Energy Analytics Institute, Piero Stewart, 2.Mar.2017) â The Mariscal Sucre offshore project is expected to be producing 300 million cubic feet per day (MMcf/d) in […]
Gran Tierra to Make Normal Course Issuer Bid
(Gran Tierra Energy Inc., 1.Mar.2017) â Gran Tierra Energy Inc. intends to implement a normal course issuer bid through the facilities of the Toronto Stock […]
GeoPark Announces Expansion of Tigana/Jacana
(GeoPark Limited, 2.Mar.2017) â GeoPark Limited announced the successful drilling and testing of the Jacana 11 appraisal well in the Jacana oil field in the […]
Guyanaâs Initial Oil Output to Surpass Trinidad
(Energy Analytics Institute, Pietro D. Pitts, 2.Mar.2017) â Sleepy Guyana is gearing up to surpass twin-island nation Trinidad and Tobago in terms of oil production. […]
Gran Tierra Energy Provides Operational Update
(Gran Tierra Energy Inc., 1.Mar.2017) â Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented “2017 is off to an exciting start for […]
Petrobras, Total Finalize Strategic Alliance
(Petrobras, 1.Mar.2017) â Petrobras and Total signed the sales contracts for the assets in the Strategic Alliance, as set out in the Master Agreement signed […]
Ecopetrolâs Annual General Shareholders’ Meeting
(Ecopetrol, 27.Feb.2017) â The Chief Executive Officer of Ecopetrol S.A. announced details of the Annual General Shareholders’ Meeting held on March 31, 2017 at the […]
PDVSA Steps up Legal Actions Against PetroSaudi
(PDVSA, 24.Feb.2017) â PDVSA, through its subsidiary PDVSA Servicios SA, has been involved in a legal battle against PetroSaudi Oil Services Ltd. Among other claims, […]
Petrobras Approves Settlements with Investors
(Petrobras, 24.Feb.2017) â Petrobras announces its Board of Directors has approved settlements to end four individual lawsuits filed before the Federal Court of New York, […]
PDVSA, Rosneft Hold Conference on EHCO
(PDVSA, 23.Feb.2017) â PDVSA and the Russian company Rosneft held a technical conference on strategy, innovation and technology for a sustainable future, February 22-23, 2017 […]
Nova Fronteira Merges into SĂŁo Martinho S.A.
(Petrobras, 23.Feb.2017) â Petrobras announced that, further to the statement on 12/15/2016, its wholly owned subsidiary Petrobras BiocombustĂvel S.A. (PBIO) finalized the merger of Nova […]
Petrobras Proceeds with Sale of PetroquĂmicaSuape
(Petrobras, 23.Feb.2017) â Further to the relevant fact disclosed on January 31, 2017, Petrobras announced that the Federal Regional Court of the 5th Region granted […]
PDVSA Strengthens Cuba-Venezuela Agreement
(PDVSA, 22.Feb.2017) â The vice president of trade and supply of PDVSA Ysmel Serrano, concluded a work trip to Cuba in order to strengthen energy […]
PDVSA and Schlumberger Discuss Business Relations
(PDVSA, 22.Feb.2017) â On February 21, 2017, Schlumberger CEO Paal Kibsgaard, visited the headquarters of PetrĂłleos de Venezuela S.A. (PDVSA) to hold a meeting with […]
PDVSA Pays Interest to Bond Holders
(PDVSA, 20.Feb.2017) â PDVSA informed all holders of PDVSA Bonds maturing in 2022, that payment of interest was made on February 17, 2017 corresponding to […]