(WoodMac, 12.Feb.2020) — Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor...
(Atlantic LNG, 10.Feb.2020) — Over our years of expansion, between 1999 - 2005, we first tripled the capacity of Train 1 with Trains 2 and 3, and then nearly doubled...
(Argus, 8.Jan.2020) — Argentina's shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425...
(Argus, 8.Jan.2020) — Argentina's shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425...
(Petrobras, 18.Dec.2019) — Petrobras has completed the economic feasibility study regarding the completion of the Comperj refinery construction, together with the Chinese company CNPC and its affiliates, under the agreements...
(Demerara Waves, Denis Chabrol, 16.Dec.2019) — The Ministry of the Presidency’s Department of Energy denied breaching the procurement process for sale of Guyana’s first three million barrels of oil aimed...
(Argus, Lucien Chauvin, 18.Nov.2019) — Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director...
(Argus, 18.Nov.2019) — Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director of the...
(BPTT, 15.Nov.2019) — BP Trinidad & Tobago (BPTT) today announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well is expected to be...
(S&P Global Platts, 12.Nov.2019) — Chubut is preparing to hold an auction of assets in Cerro Negro, a maturing conventional block in the southern Argentinian province, part of a wider...
(Reuters, Gram Slattery and Marta Nogueira, 5.Nov.2019) — As Brazil approaches the biggest oil auction in its history — and one of the world's most expensive ever — the field...
(Reuters, Gram Slattery, 29.Oct.2019) — BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a...
(Reuters, Devika Krishna Kumar and Stefanie Eschenbacher, 23.Oct.2019) — Mexico’s finance ministry has completed a majority of its annual oil hedging program, working with at least four top investment banks...
(Petrobras, 10.Oct.2019) — Petrobras acquired one offshore block in the 16th ANP Bidding Round under the Concession Regime, held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP)....
(Reuters, 8.Oct.2019) — Citgo Petroleum Corp this week named a former BP lawyer to take on the company’s top legal job as it faces creditors seeking to seize shares in...
(Reuters, 30.Sep.2019) — Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the...
(WoodMac, 27.Aug.2019) — Speaking after BP announced the sale of its Alaska business to Hilcorp in a US$5.6 billion deal, Wood Mackenzie analyst Rowena Gunn said: “The Majors are making...
(EIG, 21,Aug.2019) — EIG Global Energy Partners, controlling shareholder of Prumo Logística S.A., a private Brazilian company leading the energy infrastructure hub at Port of Açu, announced major developments at...
(Reuters, Luc Cohen, 14.Aug.2019) — Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set of U.S. sanctions on the South American country could disrupt...
(Bunge, 22.Jul.2019) — Bunge Limited announced an agreement with BP plc to form a 50:50 joint venture that will create a leading bioenergy company (the "joint venture") in Brazil, one...
(T&T Newsday, Carla Bridglal, 22.Jul.2019) — Prime Minister Dr Keith Rowley visited the TOFCO fabrication yard in La Brea on Friday with BPTT team, led by regional president Claire Fitzpatrick,...
(Reuters, Rebekah Ward, 25.Jun.2019) — Mexico’s oil regulator on Tuesday approved a $97 million plan for drilling in an offshore area operated by British supermajor BP in the southern Gulf...
(Energy Analytics Institute, Pietro D. Pitts, 22.Jun.2019) — New data from BP’s Statistical Review of World Energy (2019) provides two 10-year periods of study, which reveal the two-decade collapse of...
(BP, 21.Jun.2019) — BP released its Statistical Review of World Energy, edition 2019, which provides a timely and objective insight into those developments and how that change can begin to...
(Platts, 10.Jun.2019) — Mexico's already liberalizing fuel market will become far more competitive in 2020 as several private midstream projects start operations, multiple oil company executives say. Infrastructure shortages has...
(bptt, 31.May.2019) — BP’s Upstream chief executive Bernard Looney yesterday emphasized the company’s long-term commitment to Trinidad and Tobago during a meeting with the Honourable Prime Minister Dr Keith Rowley...
(VOA, Martin Arostegui, 21.May.2019) — Spain's Repsol, the last western oil giant with major operations in Venezuela, is leaving the embattled country, as pressure mounts from U.S. sanctions and continuing...
(Energy Analytics Institute, Aaron Simonsky, 17.May.2019) — Argentina’s Energy Secretariat awarded 18 areas corresponding to the first International Offshore Public Competition, the country’s Finance Ministry announced May 17 in an...
(Trinidad and Tobago News Day, Sean Douglas, 17.Apr.2019) — The Prime Minister has publicly implored prayerful citizens to pray for new deposits of oil to be found in exploratory drilling...
(T&T Energy Chamber, 17.Apr.2019) — BHP has announced that it has found hydrocarbons in its latest deepwater well in Trinidad & Tobago’s deepwater block 23(a). The Bélé-1 well is the...
(KBR, 9.Apr.2019) — KBR, Inc. announced that BP has awarded KBR’s UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BP’s Greater Tortue Ahmeyim project, for...
(Rowan, 13.Mar.2019) — Rowan Companies plc and Repsol Exploracion Guyana, S.A. signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana. The contract...
(Trinidad and Tobago’s Newsday, Carla Bridglal, 7.Mar.2019) — Balance is aspirational. And these four working women – BPTT regional president Claire Fitzpatrick, vice president for corporate operations Giselle Thompson, regional...
(Reuters, Andrei Khalip, 11.Feb.2019) — Portuguese oil company Galp said on Monday it expects higher crude output, refining margins and efficiency gains to deliver a steep rise in 2020 and...
(IEEFA, 8.Feb.2019) — The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan...
(McDermott, 24.Jan.2019) — McDermott International, Inc. announced today a significant contract award by BP Trinidad & Tobago, LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression...
(T&T Energy Chamber CEO Thackwray ‘Dax’ Driver, 6.Jan.2019) — Trinidad & Tobago’s energy sector is predicted to make a modest recovery in 2019, on the back of increased natural gas...
(Energy Analytics Institute, Piero Stewart, 24.Dec.2018) — Rowan Companies plc, with a fleet that operates worldwide, including the U.S. Gulf of Mexico, the UK and Norwegian sectors of the North...
(Energy Analytics Institute, Piero Stewart, 21.Dec.2018) — Heard on the street and LatAmNRG briefs on Argentina’s renewable energy sector, Maurel & Prom’s acquisition of Shell’s interest in the Urdaneta West...
(Ecopetrol, 21.Dec.2018) — Ecopetrol S.A. closed a deal with companies of the Shell and Chevron groups, which will allow it to expand its stake in Brazil’s Pre-Salt Region. The agreement...
(BPTT, 17.Dec.2018) — BP Trinidad and Tobago (BPTT) announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal. The Cassia Compression project will enable BPTT to...
(Energy Voice, Mark Lammey, 17.Dec.2018) — The first project will help BP produce low pressure gas reserves from existing fields in the Greater Cassia Area. The project will involve the...
(Energy Analytics Institute, Pietro D. Pitts, 24.Nov. 2018) — Venezuela is suffering a complete meltdown across all sectors. The Venezuelan oil sector, which generates upwards to 95% of the country’s...
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
(S&P Global Platts, 15.Nov.2018) — Pan American Energy, the second-biggest oil producer and third for gas in Argentina, is working with BP on potentially exporting LNG out of Chile, a...
(Energy Analytics Institute, Jared Yamin, 2.Nov.2018) — BP has extended its contract with the Joe Douglas in Trinidad by one well with an expected duration of 76 days. The extension...
(Energy Analytics Institute, Jared Yamin, 14.Oct.2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez, acknowledged that nationalization of Air BP, a subsidiary of British Petroleum, in charge of marketing jet fuel...
(BP, 12.Oct.2018) — The Angelin facility marked a major milestone on October 12, 2018 with the completion of the McDermott EPCIC scope called the Total Facility Handover. [caption id="attachment_5004" align="alignright"...
(Reuters, Devika Krishna Kumar, Simon Webb, 17.Sep.2018) — Brazil’s state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per...
(Sempra Energy, 11.Sep.2018) — Sempra Energy announced its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) signed a long-term contract with British Petroleum (BP) for the remaining 50 percent...
(S&P Global, 6.Sep.2018) — Mexico gas market observers have expressed concern that a lack of liquidity and supply guarantees will complicate the final phase of Pemex's natural gas contract release...
(Bloomberg, Ryan Collins and Kelly Gilblom, 25.Aug.2018) — Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas...
(Energy Analytics Institute, Aaron Simonsky, 20.Aug.2018) – Payments by major oil and gas companies to the government of the twin-island nation of Trinidad and Tobago totaled $114.7 billion during 2010-2016....
(Trinidad and Tobago Newsday, Carla Bridglal, 26.Jul.2018) – Atlantic CEO Dr Philip Mshelbila and BP’s vice president Group Process Safety Central Rob DiValerio have highlighted the central role of employees...
(Trinidad Guardian, 21.Jul.2018) – Atlantic CEO Dr Philip Mshelbila and Rob DiValerio, BP’s Vice President—Group Process Safety Central, have highlighted the central role of employees in the systems that protect...
(Energy Analytics Institute, Jared Yamin, 10.Jul.2018) – British Petroleum extended its operations in the country this week. Today, we have arrived to Campeche, a state with an increase in tourist...
(Reuters, Luc Cohen, 1.Jul.2018) – Argentina will allow fuel retailers to freely set pump prices starting in August, according to an Energy Ministry official familiar with the plan, a move...
(Oilprice.com, Tsvetana Paraskova, 20.Jun.2018) – While oil industry analysts and market participants are watching Venezuela closely for clues about how low its oil production will go, several other countries in...
(Energy Analytics Institute, Pietro D. Pitts, 24.May.2018) – Venezuela’s reserves-to-production or R/P ratio was a remarkable 342 times in 2016 based on reserves of 300.9 billion barrels and production of...
(By Trinidad Express, Aleem Khan, 22.May.2018) -- BPTT’s standardized measure of discounted future net cash flows for 2017 was updated to US$3.3 billion in the company’s annual report released earlier...
(Trinidad and Tobago’s Newsday, Richardson Dhalai, 10.May.2018) — Trinidad and Tobago has been involved in the petroleum sector for over 100 years and is the largest oil and natural gas...
(BPTT, 1.May.2018) – Mrs. Claire Fitzpatrick has been appointed as Regional President of BP Trinidad and Tobago (BPTT). In this role, Mrs. Fitzpatrick will be accountable for BPTT’s performance and...
(Energy Analytics Institute, Piero Stewart, 1.May.2018) – A brief look at Venezuela’s oil sector glory days. Will they return? https://youtu.be/22pUoLvYcko
(Energy Analytics Institute, Ian Silverman, 1.May.2018) – “Argentina offers favourable investment opportunities in the upstream sector. A historical lack of investment means the country is now reliant on imported gas...
(Bloomberg, Ezra Fieser, 5.Mar.2018) – The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to natural gas and...
(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen to turn it into a...
(CaribbeanLife, Bert Wilkinson, 31.Jan.2018) — Now that Guyana’s oil and gas basin has been deemed as one of the hottest and most exciting prospects in the world, Shell Oil has...
(Reuters, Jessica Resnick-Ault, 17.Jan.2018) – BP is expanding its retail presence with plans to open 3,000 branded retail stations globally in the next five years, half in Mexico, as that...
(Kevin Ramnarine, Strategic Energy Adviser). Former Minister of Energy. Business School Lecturer. International Speaker, 3.Jan.2018) – This is a summary of upstream activity for Trinidad and Tobago in 2018. 1)...
(Energy Analytics Institute, Piero Stewart, 11.Mar.2017) – Venezuela, the country with the world’s largest crude oil reserves, also continues to hold the world’s eighth largest accumulation of natural gas reserves...
(Oilprice.com, Charles Kennedy, 15.Sep.2016) — The Permian Basin has become so hot that some oil companies are starting to stay away, instead looking at frontiers that are less picked over....
(Energy Analytics Institute, Pietro D. Pitts, 14.Aug.2016) – Venezuela, the resource-rich South American country known for its chocolates, Caribbean beaches, lively citizens and beauty queens, still reigns as the country...
(Petrobras, 4.Feb.2015) – Petrobras announced the discovery of new oil accumulations in concession BM-C-35 (exploratory block C-M-535), located in the Campos Basin postsalt layer. The discovery was made while drilling...
(Council on Foreign Relations, Carin Zissis, 12.May.2006) — In a region seen as turning leftward, forging alliances would seem a natural course of events. But Bolivian President Evo Morales’ decision...
