(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) â Venezuela plans to immediately focus efforts on the exploitation and export of its massive gold resources located in […]
Tag: PDVSA
Ecuador Considers Venezuela as Partner in Refinery
(Energy Analytics Institute, 30.Mar.2016, Clifford Fingers III) â While Ecuador continues to seek financing from foreign investors looking to invest in the estimated $13 billion […]
OPEC Must Be Stronger on Geopolitical Front
(Energy Analytics Institute, Pietro D. Pitts, 8.Oct.2015) â âOPEC should convert itself into a stronger actor in geopolitical, geo-economics, and social areas as well in […]
Rosneft Drills Record Well in Venezuela
(Rosneft, 8.Oct.2015) â Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 […]
PetroCabimas to Drill Curazaito Exploration Well
(Energy Analytics Institute, Piero Stewart, 1.Oct.2015) â This will be the first exploration well to search for and confirm the presence of oil and gas […]
LatAmNRG: Heard on the Street 3Q:15
(Energy Analytics Institute, 30.Sep.2015) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]
Venezuela, Saudi Arabia Joint Commission
(Energy Analytics Institute, Piero Stewart, 15.Sep.2015) â Venezuela’s Foreign Minister and Vice President of International Affairs at PDVSA, Delcy RodrĂguez, accompanied by Minister of Commerce […]
Venezuela Oil Sector Viable with $40/bbl
(Energy Analytics Institute, Piero Stewart, 15.Sep.2015) â âA $40 per barrel oil price is not a low price for Venezuela,â says Ramon Espinasa, oil economist […]
Venezuelaâs Good, Bad Position
(Energy Analytics Institute, 14.Sep.2015) â In terms of decisions made by Venezuelan government, a former AVHI executive in Caracas shares his thoughts. âWhat is good […]
PDVSA Falsely Accusing Innocent Workers
(Energy Analytics Institute, Piero Stewart, 14.Sep.2015) â PDVSA is falsely accusing innocent workers of smuggling fuel, according to an oil union official. âBy falsely accusing […]
Energy Should Be Key Integration Driver
(PDVSA, 10.Sept.2015) â The World Energy Council (WEC) and the Union of South American Nations (UNASUR), with the support of the Ministry of Electricity and […]
Del Pino Says Producers Must Overcome Differences
(Energy Analytics Institute, 10.Sep.2015) â âLetâs overcome our differences of opinion between OPEC and non OPEC producers to achieve consensus,â Venezuela’s oil ministry posted via twitter […]
Venezuela Arrest Nine for Trafficking Copper, Lead
(AVN, 9.Sep.2015) â Venezuela’s public prosecutor office arrests 9 persons convicted of trafficking 15 tons of copper and lead that belonged to PDVSA. ***
Life in a Venezuelan Oil Camp: TĂo Conejo Meets Uncle Sam
(Harvard Review of Latin America, Miguel Tinker Salas, 14.Aug.2015) â I grew up in a Venezuelan oil camp. Ever since I can remember, I have […]
PDVSAâs Planned Shutdown of Cardon FCC Unit
(Energy Analytics Institute, Pietro D. Pitts, 11.Aug.2015) â The Paraguana Refining Center (CRP) will initiate a preventive shutdown of the Cardon Refinery’s Fluidized Catalytic Cracking […]
PetroDelta Generates $173.3 Mln in Revenue
(Harvest Natural Resources, Inc., 7.Aug.2015) â Harvest Natural Resources, Inc. announced second quarter 2015 earnings and provided an operational update. Harvest reported a 2Q:15 net […]
Moodyâs Changes PBF Rating Outlook
(Moody’s, 22.Jun.2015) â Moody’s Investors Service changed PBF Holding Company LLC’s rating outlook to positive from stable. Moody’s also affirmed PBF’s Ba3 Corporate Family Rating […]
Harvest Announces $32.2 Mln Funding
(Harvest Natural Resources, Inc., 19.Jun.2015) â Harvest Natural Resources, Inc. announced that CT Energy Holding SRL, a Venezuelan-Italian consortium, has agreed to purchase from Harvest […]
Harvest Enters Relationship with CT Energy
(Harvest Natural Resources, Inc., 19.Jun.2015) â On 19.Jun.2015, Harvest Natural Resources, Inc. entered into a strategic relationship with CT Energy and CT Energia Holding, Ltd., […]
Venezuela Eyes Gas Exports, LNG
(Energy Analytics Institute, 18.Jun.2015) â Petroleos de Venezuela SA (PDVSA) plans to boost investments in the Venezuelan natural gas sector over the next five years […]
Harvest Sets CAPEX at $265 Million
(Harvest Natural Resources, Inc., 19.May.2015) â Harvest Natural Resources said that during the first quarter of 2015, Petrodelta drilled and completed four development wells and […]
Harvest Reports 1Q:15 Results
(Harvest Natural Resources, Inc., 19.May.2015) â Harvest Natural Resources, Inc. (HNR) reported a 1Q:15 net loss of approximately $5.6 million, or $0.13/share diluted, compared with […]
Wison Delivers Stick Batches to RPLC Project
(Wison Offshore & Marine Ltd., 21Apr.2015) â Wison Offshore & Marine Ltd. announced the delivery of its first batch of stick built for the key […]
Seaway Signs Perla Gas Deal
(Seaway Heavy Lifting, 9.Apr.2015) â Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project […]
CB&I Awarded Tank Contract in Venezuela
(CB&I, 1.Apr.2015) â CB&I was awarded a contract for approximately $60 million for the engineering, procurement, fabrication and construction of storage tanks in Venezuela. âCB&I […]
Venezuela, San Cristobal and Nieves Talk Energy
(Energy Analytics Institute, Piero Stewart, 31.Mar.2015) â Venezuela’s foreign minister Delcy RodrĂguez met with San Cristobal and Nieves Prime Minister Timothy Harris to discuss bilateral […]
Court Enters Default Against Venezuela
(Gold Reserve Inc., 30.Mar.2015) â Gold Reserve Inc. reported on developments in the proceedings instituted in the U.S. District Court for the District of Columbia […]
LatAmNRG: Heard on the Street 1Q:15
(Energy Analytics Institute, 30.Mar.2015) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]
Venezuela’s Chavez Comments on Oil Diversification
(Energy Analytics Institute, Ian Silverman, 29.Mar.2015) â âPDVSA has completely diversified its oil markets, conquering spaces in Asia, India, Europe and South America, among others, […]
Commandos Attack Monagas Pumping Station
(Energy Analytics Institute, Piero Stewart, 29.Mar.2015) â PDVSA announced an armed commando group attacked its Tejero Operating Center installations located in the Punta de Mata […]
Venezuelan, Russian Oil Ministers Meet in Moscow
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) â Venezuela’s Oil Minister AsdrĂșbal ChĂĄvez met with his Russian counterpart Alexander Novak in Moscow. The officials discussed bilateral […]
Venezuela Seeks Disqualification of ICSID Judges
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) â Venezuela presented a letter to the ICSID court requesting the dismissal of judge Kenneth Keith. Keith is the […]
PetroVietnam Evaluates Exit from Venezuela
(Energy Analytics Institute, Jared Yamin 25.Mar.2015) â Vietnam’s state oil company PetroVietnam is evaluating its exit from a Venezuelan heavy oil project where it is […]
Venezuela to Continue Supply USA With Oil
(Energy Analytics Institute, Piero Stewart, 20.Mar.2015) â Venezuela will continue to supply the USA with its oil. This despite a decree recently signed by US […]
USA Downplays Reducing Venezuela Oil Imports
(Energy Analytics Institute, Jared Yamin, 13.Mar.2015) â The United States is not contemplating applying any measures against Venezuela’s petroleum sector, according to the daily newspaper […]
Owens-Illinois Wins Venezuelan Arbitration
(Owens-Illinois, Inc., 12.Mar.2015) â Owens-Illinois, Inc. reported that its Dutch subsidiary, OI European Group B.V. (OIEG), has prevailed in an international arbitration against Venezuela. OIEG […]
Venezuela Financial Scheme for Uruguayan Oil
(Energy Analytics Institute, Jared Yamin, 3.Mar.2015) â Venezuela announced a financing scheme for oil shipments to Uruguay, according to a decree revealed on March 2, […]
Harvest Withdraws Venezuelan Arbitration Request
(Harvest Natural Resources, 29.Jan.2015) â Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), have withdrawn […]
Harvest Files Arbitration Request Against Venezuela
(Harvest Natural Resources, 16.Jan.2015) â Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), submitted a […]
Harvest Terminates Venezuelan Deal
(Harvest Natural Resources, 2.Jan.2015) â Harvest Natural Resources, Inc. announced that the Share Purchase Agreement (SPA) between Petroandina Resources Corporation N.V. (Petroandina), Pluspetrol Resources Corporation […]
Venezuela Sees US shale Boom As Bonus
(Reuters, Dmitry Zhdannikov, 16.Jun.2014) â Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over […]
PDVSA Incorporates New Tankers into Fleet
(Energy Analytics Institute, Ian Silverman, 25.Oct.2013) â PDVSA President Rafael Ramirez speaks to reporters in Puerto la Cruz, Venezuela about introduction of news tankers into […]
Ramirez Moving Forward with Energy Policy
(Energy Analytics Institute, Ian Silverman, 10.Oct.2013) â Venezuelan President Nicolas Maduro seems to be allowing Oil Minister Rafael Ramirez to take charge of moving forward […]
1St Venezuela-India Round-table in Caracas
(Energy Analytics Institute, Ian Silverman, 7.Oct.2013) â The 1st Business Round-table meetings between Venezuelan and Indian companies took place in Caracas from October 7-9, 2013. […]
Rafael Ramirez Speech in Caracas
(Energy Analytics Institute, Piero Stewart, 7.Oct.2013) â PDVSA President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts from the […]
Rafael Ramirez Speech in Puerto La Cruz
(Energy Analytics Institute, Piero Stewart, 4.Oct.2013) â Venezuela’s Oil Minister President Rafael Ramirez spoke with journalist in Puerto La Cruz, Venezuela. What follows are excerpts […]
LatAmNRG: Heard On The Street 3Q:13
(Energy Analytics Institute, 30.Sep.2013) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]
Q&A with Arthur Littleâs Rodolfo Guzman
(Energy Analytics Institute, Pietro D. Pitts, 24.Sep.2013) â Arthur D. Little Partner Rodolfo Guzman spoke with Energy Analytics Institute in a brief interview from Houston, […]
Q&A with Tudor Pickeringâs David Pursell
(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) â Tudor Pickering Holt & Co. LLC Managing Director David Pursell spoke with Energy Analytics Institute in a […]
Honduras Awaits Initial PetroCaribe Shipments
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) â Honduras does not expect to receive its first shipment of oil from Venezuela under PetroCaribe until Dec.2013, reported […]