MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 9.Oct.2026, Words: 256) — Company briefs spanning details on the Colombian LPG Association (GASNOVA), Transocean Ltd., Equinor, and JP Morgan, among others. LATIN AMERICA AND THE CARIBBEAN ECUADOR — Ecuador restores operations at SOTE and transport capacity reaches 312,000 b/d. [Editores LatinPetroleum] […]
Tag: JPMorgan
Brava Energia BODs approves Level 1 ADR program supported by JPMorgan Chase Bank
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 18.Sep.2025, Words: 127) — The board of directors of Brava Energia approved the implementation of a Level 1 American Depositary Receipts program. The program is supported by JPMorgan Chase Bank, N.A., which will act as the depositary institution. The ADR […]
JPMorgan raises global recession odds to 60% from 40% earlier
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 4.Apr.2025) — Investment bank JPMorgan said there is now a 60% chance of a global recession after US president Donald Trump rolled out tariffs that impacted 183 countries around the world. “The risk of a recession in the global economy this year is […]
Wall Street Giants Bet On Colombia Sinking Deeper Into Junk
(Reuters, 20.May.2021) — Wall Street banks predicted on Thursday that Fitch would downgrade Colombia’s credit rating to junk before the year is out and spark forced selling after a similar move by S&P Global Ratings on Wednesday. Colombia has come into focus after President Ivan Duque was forced to withdraw […]
Venture Global LNG Closes $500mn Term Loan
(Venture Global, 11.Feb.2021) — Venture Global LNG, Inc. announced today that it has closed a $500mn term loan with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc, Mizuho Bank, Ltd., and Bank of America N.A.  The proceeds will be used to fund pre-FID construction activities at the company’s […]
Italy Seeking Documents For Eni, Shell Nigeria Case
(Reuters, 20.Jan.2021) — Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition of an oilfield in Nigeria by Eni and Shell. The long-running graft case revolves around the purchase of the Nigerian […]
Hess Cuts CAPEX, Focuses On Guyana
(WorldOil, 17.Mar.2020) — Hess Corporation announced a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion. The company also announced a new $1.0 billion three-year term loan agreement. These actions further strengthen the company’s cash position and financial liquidity […]