HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 [more…]
Tag: Ivan Freites
PDVSA’s Domestic Refineries Producing Only 230,000 b/d
(Energy Analytics Institute, 18.Feb.2024) — Venezuela’s state-owned oil giant Petróleos de Venezuela (PDVSA), which has a total processing capacity of 1.303 million b/d from its [more…]
Could A Controversial Chevron Deal Be A Prelude To Venezuela’s Oil Renaissance?
(Forbes, 2.Dec.2022) — A video that state-owned oil giant Petróleos de Venezuela posted to its Twitter feed this week shows a jovial meeting between Oil [more…]
NRGBriefs: Venezuela Receives 185 Mbbls from Iran; Pemex, Exxon 1Q:22 Conf. Calls
(Energy Analytics Institute, 25.Apr.2022) — Energy briefs including Venezuela reportedly receiving 185,000 barrels of 29-degree API petroleum from Iran; Pemex plans to host a conference [more…]
NRGBriefs: YPF’s 3Q:21 Webcast, PGF’s Global Notes
(Energy Analytics Institute, 30.Sep.2021) — Energy briefs including Argentina’s YPF announcing details of its 3Q:21 webcast, Petrobras Global Finance B.V. (PGF) on settlement of early [more…]
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador [more…]
Venezuela’s Oil Unions Accuse Govt Of Persecution
(AFP, 23.Dec.2020) — Venezuela’s vital oil industry is failing and the socialist government is feeling the pressure, and now the regime of President Nicolas Maduro [more…]
Venezuela Producing Around 450,000 b/d
(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and [more…]
Venezuela Briefs: Black Mkt Gasoline; Diesel Demand
Energy briefs from Venezuela on prices for black market gasoline reaching $11.36/gal and refineries owned by PDVSA only producing enough diesel to cover 25% of domestic demand.
PDVSA’s Cardon Refinery Halts Operations
(Energy Analytics Institute, 20.Oct.2020) — Petróleos de Venezuela’s Cardon refinery in Punto Fijo has once again halted operations. The stoppage impacts the recently restarted production [more…]
Fuel Shortages Persist Across Venezuela
(Energy Analytics Institute, 10.Oct.2020) — Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the [more…]
Venezuela Producing 345,000 B/D: Oil Official Freites Says
(Energy Analytics Institute, 23.Sep.2020) — Crude oil production in Venezuela, home to arguably the world’s largest oil reserves, has fallen to around 345,000 barrels per [more…]
Venezuela, In Historic Shift, Scales Back Fuel Subsidy
(WSJ, 31.May.2020) — The regime of Nicolás Maduro, grappling with intense gasoline shortages, said it will scale back its longstanding fuel subsidy and privatize service [more…]
PdV Restarts Coker For Export Via Cuba
(Argus, 20.May.2020) — State-owned PdV has partially restarted a 70,000 b/d delayed coker which had been off line for over a year at its 305,000 [more…]
Venezuela’s Oil Output Falls To Five-month Low
(Reuters, 30.Mar.2020) — Venezuela’s crude production ended last week at around 670,000 barrels per day (bpd), according to documents seen by Reuters and two people [more…]
Guaido Sacks Colombia Envoy, Oil Boss Freites Quits
(Argus, 27.Nov.2019) — Another prominent figure in Venezuela’s US-backed parallel administration has abruptly departed and an oil union leader has quit the main opposition political [more…]
Venezuela Ships Petcoke Cargo To Cuba
(Energy Analytics Institute, Piero Stewart, 25.Nov.2019) — OPEC member country Venezuela reportedly shipped a cargo of petroleum coke to Cuba valued at an estimated $1.7 [more…]
LatAmNRG Briefs and Heard On the Street: Guyana, Venezuela, Chile, Peru
(Energy Analytics Institute, Jared Yamin and Piero Stewart, 2.Aug.2019) — LatAmNRG briefs and heard on the street related to Sempra Energy’s divestments in South America, [more…]
Venezuela’s Hydrocarbon Sector Incurring Weekly Accidents
(Energy Analytics Institute, Piero Stewart, 28.Oct.2018) — Petroleum sector accidents and oil spills in Venezuela have become an almost regular occurrence. Between two and three [more…]
Venezuela: Oil Producer’s Slump Reflects Nation’s Decline
(Ft.com, Gideon Long, John Paul Rathbone, 28.Oct.2018) — Gideon Long in Caracas and John Paul Rathbone in Washington October 28, 2018 Print this page 95 [more…]
Oil, Electric Sectors to Join Venezuelan Strike
(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) – Representatives from trade unions from the oil, electricity, food, education and health sectors announced plans to join a [more…]
Union Official Demands Release of PDVSA Workers
(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) – The four workers are being held in detention due to accusations they caused a petroleum spill in the [more…]
PetroChina, Rosneft Leave Venezuela Refining Projects
(Kallanish Energy, 28.Mar.2018) – Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuela’s Cardón and [more…]
PDVSA to Shut Three of Four Refineries Indefinitely: Platts
(Platts, 22.Mar.2018) – PDVSA is planning to close three of its four large refineries in Venezuela indefinitely due to of lack of crude to process [more…]
PDVSA Collective Contract Eliminates 8 Hour Shifts
(Energy Analytics Institute, Piero Stewart, 19.Mar.2018) – A new collective contract signed by PDVSA on 14 March 2018 eliminates 8 hour shifts and work lunch [more…]
PDVSA’s Domestic Refining Utilization Falls
(Energy Analytics Institute, Aaron Simonsky, 16.Jan.2017) – Refining utilization rates at PDVSA’s six domestic refineries averaged 30.7 percent in 2016 owing to permanent and temporary [more…]
PDVSA Falsely Accusing Innocent Workers
(Energy Analytics Institute, Piero Stewart, 14.Sep.2015) – PDVSA is falsely accusing innocent workers of smuggling fuel, according to an oil union official. “By falsely accusing [more…]