(Rystad Energy, 23.Dec.2021) — Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its gross domestic product (GDP) in the future, unless the pace of exploration accelerates, a Rystad Energy report has revealed. The country’s oil […]
Tag: Noble Energy
Chevron Reports 4Q:20 Results [PDF DOWNLOAD]
(Chevron, 29.Jan.2021) — Chevron Corporation reported a loss of $665mn ($(0.33)/share – diluted) for fourth quarter 2020, compared with a loss of $6.6bn ($(3.51)/share – diluted) in fourth quarter 2019. Included in the current quarter was a charge of $120mn associated with Noble Energy, Inc. acquisition costs. Foreign currency effects […]
Chevron Closes Acquisition Of Noble Energy
(Energy Analytics Institute, 5.Oct.2020) — San Ramon-California based Chevron Corporation reported its acquisition of Noble Energy, Inc. has been completed following approval by Noble Energy shareholders. “We are pleased to welcome Noble Energy’s employees and shareholders to Chevron. Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is […]
Chevron Announces Deal To Acquire Noble Energy
(Chevron Corp. 20.Jul.2020) — Chevron Corporation entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on 17 July 2020 and under the terms […]
Noble Looks To Drill Offshore Colombia In 2021
(Energy Analytics Institute, 1.Apr.2020) — Noble Energy expects drilling offshore Colombia to take place in 2021 at water depths close to 2,600 meters. In Colombia, Noble operates the Colombia-3 and Guajira Offshore-3 deep-water blocks with a 40% working interest. Both exploration blocks are situated in the Caribbean Sea, off Barranquilla […]
The Atlantic Is Key To Colombia’s Energy Needs
(FT.com, Gideon Long, 28.Oct.2019) — Colombia’s proven oil reserves will run out within the next seven years and its gas reserves within 10. Faced with that bleak prospect, it needs to develop alternative sources of energy quickly and the Caribbean coast is set to play a significant role in this […]
LatAmNRG Q&A With ANH Colombia: Exploratory Drilling To Start In 2H:20
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Colombia’s Hydrocarbons National Agency (ANH) weighs in on some of our Colombia-related questions. What follows are excerpts from our series: LatAmNRG Q&A […]