(Energy Analytics Institute, 19.Jun.2022) — Political and energy briefs including Colombians electing Gustavo Petro as the South American country’s next president from 2022-2026; Ecuador declaring Force Majeure along the country’s entire hydrocarbon value chain; and Gazprom announcing it will deliver volumes of gas in line with recent days. LATIN AMERICA […]
Tag: Gazprom
Gazprom Expresses Interest in Selling LNG to Argentina
(Energy Analytics Institute, 30.Mar.2022) — Gazprom expressed interest in supplying liquefied natural gas (LNG) to Argentina to replace market share lost due to sanctions imposed by the US and Europe in response to Russia’s invasion of Ukraine. Gazprom reportedly sent an offer to state-owned company IntegraciĂłn EnergĂ©tica Argentina (IEASA, formerly […]
Russian Oil Rigs in Venezuela Complicate US Talks With Maduro
(Bloomberg, 11.Mar.2022) — Much has been written about the hurdles to a U.S.-Venezuela detente that would allow oil from the South American nation to start flowing more freely into international markets. One of them, though, has been overlooked: The presence of a Kremlin-owned company in oil fields all across Venezuela. […]
Shell Exits Equity Partnerships with Gazprom Entities
(Shell, 28.Feb.2022) — The Board of Shell plc announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends […]
US Senators Expected To Sanction Nord Stream 2
(Reuters, 29.May.2020) — Two U.S. senators are expected to introduce next week sanctions on the Nord Stream 2 natural gas pipeline that Russia is trying to finish, but which Washington has opposed since the Obama era, a source familiar with the matter said on Friday. The sanctions, which would have […]
NOCs To Slash Exploration Budgets
(WoodMac, 20.May.2020) — National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie. The analysis is based on announcements and tracking well plans of 11 top spending NOC explorers, including three Chinese NOCs, PTTEP, PETRONAS, ONGC, Qatar Petroleum, […]
Gazprom Eyeing Gas Project In Argentina
(TASS, 22.Apr.2019) — Gazprom considers the possibility of acquiring a stake in one of the key producing assets of Argentina’s YPF, the company said on Monday. “Gazprom Group is considering the possibility of implementing projects in Argentina, including those related to the development of unconventional gas reserves. We are currently […]
The Weirdest Oil Lawsuit Of 2018
(OilPrice.com, Viktor Katona, 6.Aug.2018) – Rosneft has been rocking the Russian oil sector for quite some time already – first it acquired several domestic assets, in some cases bordering on hostile takeover, then it took on a couple of international commitments in Iraqi Kurdistan and Venezuela and secured hefty tax […]
Chuquisaca Signs Multi Billion Oil Deal
(Energy Analytics Institute, Ian Silverman, 28.Jul.2018) – The agreement, signed between the Bolivian government and authorities from the department of Chuquisaca provides for initiation of work in more than 8 areas. Announcement of the planned investments came after meetings between the government, and authorities and representatives from different sectors of […]
Petrozamora Incorporates Steam Generators in Zulia
(Energy Analytics Institute, Piero Stewart, 3.Jul.2018) – PDVSA Petrozamora, a joint venture comprised of PDVSA and Russia’s Gazprom, completed recovery and incorporation of two steam generators. The generators, SimĂłn BolĂvar 24 (SB-24) and SimĂłn BolĂvar 40 (SB-40), are located in located in the state Zulia at the Lagunillas Field in […]
Gazprom to Invest $1.2 Bln in Bolivia
(Energy Analytics Institute, Aaron Simonsky, 28.Jun.2018) – Gazprom confirmed it will invest $1.22 billion in the Bolivian petroleum sector. The Russian company’s investments will be destined towards exploration activities at the Vitiacua field located in the department of Chuquisaca. Gazprom didn’t rule out financing rehabilitation projects for older Bolivian fields, […]
Gazprom Reiterates Interest in Bolivia
(Energy Analytics Institute, Jared Yamin, 16.Jun.2018) – Russian oil giant Gazprom remains attracted to the hydrocarbon opportunity set in Bolivia in South America. A working meeting between Gazprom Management Committee Chairman Alexey Miller and Bolivia’s President Evo Morales was held at Gazprom’s office in Moscow where various agreements were signed […]
Bolivia, Russia Consolidate Energy Partnership
(Efe, 13.Jun.2018) – Bolivia’s President Evo Morales met with his Russian counterpart, Vladimir Putin, as part of a two-day visit to Moscow aimed at consolidating the countries’ bilateral energy partnership. While receiving Morales at the Kremlin, Putin expressed Moscow’s willingness to expand its cooperation with the South American country in […]
Vaca Muerta Megaproject – A Fracking Carbon Bomb In Patagonia
(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 success story —which is why we collectively need to put a stop to this if we are serious about restricting […]
YPFB, Gazprom to Evaluate Potential of 3 Areas
(Energy Analytics Institute, Jared Yamin, 17.Jun.2016) – YPFB and Gazprom signed an agreement for the evaluation of the hydrocarbon potential of three areas reserved for YPFB. The agreement was signed by YPFB President Guillermo Acha and GP Exploration and Production S.L. legal representative Andrey Stepanovich Fick for the Vitiacua, La […]
Rosneft Drills Record Well in Venezuela
(Rosneft, 8.Oct.2015) – Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block. The well is unique for the shallow depth, only 1,140 feet or about 347 meters, of the reservoir interval and the length of horizontal […]
Journalist round table with PDVSA head Rafael Ramirez about the Faja, FONDEN, and more
CARACAS, VENEZUELA (By Pietro D. Pitts, Energy Analytics Institute, 31.Jul.2013, Words: 1999) – PDVSA President Rafael Ramirez held a small round table with journalist in Caracas, Venezuela. What follows are excerpts from the discussion.