(Energy Analytics Institute, 28.Jul.2021) â Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrolâs electric vehicles fleet, Hess reports 2Q:21 results, Trinidad ponders mothballing Atlantic LNGâs Train 1, new appointments at CVP in Venezuela, and more. Brazil — Brazilâs imports of US […]
Tag: IESA
Venezuela’s Stations Offer Fuel, Liquor
(Bloomberg, 11.Mar.2021) â Welcome to Venezuelaâs new gasoline stations: They boast digital fuel pumps and high-end, imported liquor. Theyâre plastered in fresh coats of bright yellow and red paint. And in whatâs become a rarity these days, they actually have gasoline to sell â for a price that very few can […]
Venezuela Output To Fall 100-150 Mb/d in 2017
(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 declines in the Caribbean nationâs production of crude oil, according to IESA Professor Richard Obuchi. Producing petroleum requires investments, and if they do not materialize, […]
Why is Venezuelaâs Oil Sector So Shattered?
(Igor HernĂĄndez, IESA Professor, 8.Feb.2017) â For oil-dependent Venezuela, the drop in oil prices since 2014 has been hard. Combined with the collapse in production, it has created an unprecedented economic crisis. Output decreased by 337,000 barrels per day (bpd) between December 2015 and December 2016 to 2.27 million bpd, […]
Oil Analyst Speak at IESA Energy Forum
(Energy Analytics Institute, Piero Stewart, 20.Aug.2013) â Energy sector analyst from Medley to Harvard Kennedy spoke at an energy forum at IESA in Caracas. Quote highlights from the forum follow: Comments from Luisa Palacios Director for Latin America, Medley Global Adviser regarding Mexico’s energy reform: “We expect to see positive […]