Ecuador Bonds Rally On $4.2 Billion IMF Deal
(Bloomberg, Stephan Kueffner and Ben Bartenstein, 20.Feb.2019) — Ecuador’s benchmark bonds soared to a six-month high after President Lenin Moreno’s government secured a $4.2 billion loan package from the International Monetary Fund. The aid is intended to support the OPEC nation over the next three years as it tries to […]
Fact Sheet: Citgo Petroleum’s Three US Refineries
(Energy Analytics Institute, Jared Yamin, 17.Feb.2019) — Houston-based Citgo Petroleum has three refineries located in the U.S. in Corpus Christi, Texas; Lake Charles, Louisiana; and Lemont, Illinois. What follows is a summary of each, according to official Citgo data. CORPUS CHRISTI Since our modest beginning in the mid-1930s, when our […]
LatAmNRG Bolivia Briefs: Bolivia And Argentina Ink Addendum
(Energy Analytics Institute, Ian Silverman, 14.Feb.2019) — Heard on the street and LatAmNRG briefs on Bolivia and Argentina inking addendum to natgas PSA, irregular natgas demand in Brazil and Argentina affect’s Bolivia’s GDP, Bolivia taking actions to cut diesel imports by up to 5%, YPFB commencing exploration activities in Oruro, […]
ExxonMobil: Guyana Project Overview
(Exxon, 14.Feb.2019) — ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the company safely drilling its first exploration well in 2015, Liza-1. Drilling activity in the Stabroek Block — Liza-1 well discovery was announced in May 2015 […]