Gran Tierra Comments on South America Output

(Gran Tierra Energy Inc., 20.Jan.2015) – Gran Tierra Energy Inc. said crude oil and natural gas production from continuing operations averaged approximately 25,200 barrels of […]

Gran Tierra to Drill Putumayo-1 Block Well

(Gran Tierra Energy Inc., 20.Jan.2015 – Gran Tierra Energy Inc. provided an operations update on its activities in Colombia. Work continues at the Vonu-1 exploration […]

McDermott to Install Pemex’s Ayatsil Platform

(McDermott International, Inc., 6.Jan.2015) – McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling […]

Harvest Terminates Venezuelan Deal

(Harvest Natural Resources, 2.Jan.2015) – Harvest Natural Resources, Inc. announced that the Share Purchase Agreement (SPA) between Petroandina Resources Corporation N.V. (Petroandina), Pluspetrol Resources Corporation […]

Venezuela Sees US shale Boom As Bonus

(Reuters, Dmitry Zhdannikov, 16.Jun.2014) — Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over […]

Chevron, YPF Continue Vaca Muerta Development

(Chevron 10.Apr.2014) — Chevron Corporation confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of […]

Ecuador, China Advance Refinery Plans

(OGJ, 24.Jan.2014) — China National Petroleum Corp. (CNPC) and the Ecuadorean government have reached an agreement regarding cooperation in a plan to construct a long-delayed […]

Perenco to Buy Petrobras Assets in Colombia

(Energy Analytics Institute, Ian Silverman, 29.Oct.2013) – Petrobras plans to sell its interest in onshore blocks and two pipelines to France’s Perenco for $380 million […]

PDVSA Incorporates New Tankers into Fleet

(Energy Analytics Institute, Ian Silverman, 25.Oct.2013) – PDVSA President Rafael Ramirez speaks to reporters in Puerto la Cruz, Venezuela about introduction of news tankers into […]

Ramirez Moving Forward with Energy Policy

(Energy Analytics Institute, Ian Silverman, 10.Oct.2013) – Venezuelan President Nicolas Maduro seems to be allowing Oil Minister Rafael Ramirez to take charge of moving forward […]

1St Venezuela-India Round-table in Caracas

(Energy Analytics Institute, Ian Silverman, 7.Oct.2013) – The 1st Business Round-table meetings between Venezuelan and Indian companies took place in Caracas from October 7-9, 2013. […]

Rafael Ramirez Speech in Caracas

(Energy Analytics Institute, Piero Stewart, 7.Oct.2013) – PDVSA President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the […]

Rafael Ramirez Speech in Puerto La Cruz

(Energy Analytics Institute, Piero Stewart, 4.Oct.2013) – Venezuela’s Oil Minister President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts […]

LatAmNRG: Heard On The Street 3Q:13

(Energy Analytics Institute, 30.Sep.2013) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]

Venezuela Reactivates Fuel Exports to Colombia

(Energy Analytics Institute, Ian Silverman, 24.Sep.2013) – The Venezuelan government plans to reactivate a plan to supply Colombia with combustibles, according to Energy and Mining […]

Q&A with Arthur Little’s Rodolfo Guzman

(Energy Analytics Institute, Pietro D. Pitts, 24.Sep.2013) – Arthur D. Little Partner Rodolfo Guzman spoke with Energy Analytics Institute in a brief interview from Houston, […]

Q&A with Tudor Pickering’s David Pursell

(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) – Tudor Pickering Holt & Co. LLC Managing Director David Pursell spoke with Energy Analytics Institute in a […]

Honduras Awaits Initial PetroCaribe Shipments

(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – Honduras does not expect to receive its first shipment of oil from Venezuela under PetroCaribe until Dec.2013, reported […]

Pacific Rubiales Sets Capex at $1 Bln

(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – Pacific Rubiales plans capital expenditure outlays of $1 billion on infrastructure projects such as ports, pipelines and a […]

Argentina Says Oil Output Insufficient

(Energy Analytics Institute, Jared Yamin, 13.Sep.2013) – The Argentine government announced production of oil is insufficient to supply the country’s refineries. “We are lacking light […]

Uruguay Supporting Execution of 27 Projects

(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – The Uruguayan government is supporting execution of 27 electric projects in rural zones that will span 800 km. […]

Empresa Energia Bogota to Spend $900 Mln

(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Empresa Energia de Bogota (EEB) plans CAPEX outlays of $900 million in 2013 and the $3.4 billion during […]

Nicaragua Oil Derivative Purchases Down

(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Nicaragua’s purchases of oil and oil derivatives during the first four months of 2013 were $367.9 million compared […]

Pacific Rubiales Star to Double Recovery Rates

(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – The Star project will allow Pacific Rubiales to double recovery rates at the Quifa field, El Espectador reported, […]

Bulo Bulo to Generate 3,000 Jobs

(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – The urea plant in Bulo Bulo, Cochabamba will generate 3,000 jobs, reported the daily newspaper La Razon, citing […]

Guatemala Announces Initial Gas Discovery

(Energy Analytics Institute, Ian Silverman, 12.Sep.2013) – Guatemala announced its initial gas discovery at the Ocultun well in the Peten region. The well was drilled […]

GTLI to Return Areas to YPFB

(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Gas To Liquid International (GTLI) is in the process of returning four exploration areas to Yacimientos Petrolíferos Fiscales […]

Combustible Prices to Increase in Uruguay

(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Uruguay’s ANCAP will increase the price of combustibles by an average 9.7%, reported the daily newspaper La Red […]

Petronas Exits Carabobo Project in Venezuela

(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Malaysia’s Petronas will exit the Petrocarabobo project in Venezuela’s Orinoco Heavy Oil Belt or Faja, according to Venezuela’s […]

PetroPar Debt Will Not Be Forgiven

(Energy Analytics Institute, Ian Silverman, 10.Sep.2013) – PDVSA President Rafael Ramirez, who also serves as Venezuela’s Oil Minister, said that the debt owed to PDVSA […]

Q&A with PDVSA Refining Director Jesus Luongo

(Energy Analytics Institute, Piero Stewart, 9.Sep.2013) – PDVSA Refining Director Jesus Luongo spoke briefly with Energy Analytics Institute on the sideline of a press conference […]

11th Meeting of PetroCaribe Ministers

(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – Venezuela’s Energy Minister Rafael Ramirez participated in the 11th meeting of the Council of Petrocaribe Ministers in Port-au-Prince, […]

PDVSA Flatboat Overturns, Sinks in Zulia

(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – PDVSA announced a flatboat with 20 workers overturned and sank in Lagunillas in Zulia state. All the workers […]

Venezuela’s Merentes Comments on OPEC

(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – Venezuela’s Finance Minister Nelsen Merentes comments on Venezuelan state television or VTV. “OPEC production restrictions limit growth of […]

Ramirez Talks PDVSA on ‘Jose Vicente Hoy’

(Energy Analytics Institute, Piero Stewart, 8.Sep.2013) – Venezuelan Oil Minister Rafael Ramirez comments on the oil worker’s strike in 2002-2003 against PDVSA. “Venezuelan opposition has […]

Eni CEO comments on Perla

(Energy Analytics Institute, Ian Silverman, 28.Aug.2013) – Eni Chief Executive Officer Paolo Scaroni comments during a special event at PDVSA’s headquarters in Caracas, Venezuela about […]

Venezuela, Trinidad Meet Over Border Gas

(Energy Analytics Institute, Ian Silverman, 26.Aug.2013) – Venezuelan Oil Minister Rafael Ramirez met with his counterpart from Trinidad and Tobago, Kevin Ramnarine in Caracas to […]

PDVSA initiates production at Dragon gas field

(Energy Analytics Institute, Piero Stewart, 25.Aug.2013) – Development of the offshore fields Dragon, Patao, Mejillones and Rio Caribe located in the Northern Paria Peninsula will […]

PDVSA President Comments on Citgo

(Energy Analytics Institute, Ian Silverman, 25.Aug.2013) – During a trip with reporters in Guiria, PDVSA President Rafael Ramirez commented about the company’s CITGO Corporation refineries […]

Oil Analyst Speak at IESA Energy Forum

(Energy Analytics Institute, Piero Stewart, 20.Aug.2013) – Energy sector analyst from Medley to Harvard Kennedy spoke at an energy forum at IESA in Caracas. Quote […]

Rosneft and PDVSA Evaluate Gas Projects

(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Rosneft and PDVSA are reviewing plans to extract gas in Sucre state and in the Gulf of Venezuela, […]

Venezuela Inaugurates Nororiental Gas Pipeline

(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Venezuela inaugurated the first part of the Northeastern Gas Pipeline in Jefe Jose Francisco Bermudez. The pipeline extends […]