PetroVietnam Evaluates Exit from Venezuela

(Energy Analytics Institute, Jared Yamin 25.Mar.2015) – 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) – 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) – 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) – 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) – 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) – Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), have withdrawn […]

Harvest Terminates Venezuelan Deal

(Harvest Natural Resources, 2.Jan.2015) – 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) — 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) – 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) – 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) – 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) – 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) – 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) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]

Q&A with Arthur Little’s Rodolfo Guzman

(Energy Analytics Institute, Pietro D. Pitts, 24.Sep.2013) – Arthur D. Little Partner Rodolfo Guzman spoke with Energy Analytics Institute in a brief interview from Houston, […]

Q&A with Tudor Pickering’s David Pursell

(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) – 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) – Honduras does not expect to receive its first shipment of oil from Venezuela under PetroCaribe until Dec.2013, reported […]

Petronas Exits Carabobo Project in Venezuela

(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Malaysia’s Petronas will exit the Petrocarabobo project in Venezuela’s Orinoco Heavy Oil Belt or Faja, according to Venezuela’s […]

PetroPar Debt Will Not Be Forgiven

(Energy Analytics Institute, Ian Silverman, 10.Sep.2013) – PDVSA President Rafael Ramirez, who also serves as Venezuela’s Oil Minister, said that the debt owed to PDVSA […]

Q&A with PDVSA Refining Director Jesus Luongo

(Energy Analytics Institute, Piero Stewart, 9.Sep.2013) – PDVSA Refining Director Jesus Luongo spoke briefly with Energy Analytics Institute on the sideline of a press conference […]

11th Meeting of PetroCaribe Ministers

(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – Venezuela’s Energy Minister Rafael Ramirez participated in the 11th meeting of the Council of Petrocaribe Ministers in Port-au-Prince, […]

PDVSA Flatboat Overturns, Sinks in Zulia

(Energy Analytics Institute, Ian Silverman, 8.Sep.2013) – PDVSA announced a flatboat with 20 workers overturned and sank in Lagunillas in Zulia state. All the workers […]

Ramirez Talks PDVSA on ‘Jose Vicente Hoy’

(Energy Analytics Institute, Piero Stewart, 8.Sep.2013) – Venezuelan Oil Minister Rafael Ramirez comments on the oil worker’s strike in 2002-2003 against PDVSA. “Venezuelan opposition has […]

Eni CEO comments on Perla

(Energy Analytics Institute, Ian Silverman, 28.Aug.2013) – Eni Chief Executive Officer Paolo Scaroni comments during a special event at PDVSA’s headquarters in Caracas, Venezuela about […]

Venezuela, Trinidad Meet Over Border Gas

(Energy Analytics Institute, Ian Silverman, 26.Aug.2013) – Venezuelan Oil Minister Rafael Ramirez met with his counterpart from Trinidad and Tobago, Kevin Ramnarine in Caracas to […]

PDVSA initiates production at Dragon gas field

CARACAS, VENEZUELA (By Pietro D. Pitts, Energy Analytics Institute, 25.Aug.2013, Words: 650) – Development of the offshore fields Dragon, Patao, Mejillones and Rio Caribe located […]

Oil Analyst Speak at IESA Energy Forum

(Energy Analytics Institute, Piero Stewart, 20.Aug.2013) – Energy sector analyst from Medley to Harvard Kennedy spoke at an energy forum at IESA in Caracas. Quote […]

Rosneft and PDVSA Evaluate Gas Projects

(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Rosneft and PDVSA are reviewing plans to extract gas in Sucre state and in the Gulf of Venezuela, […]

Venezuela Inaugurates Nororiental Gas Pipeline

(Energy Analytics Institute, Ian Silverman, 15.Aug.2013) – Venezuela inaugurated the first part of the Northeastern Gas Pipeline in Jefe Jose Francisco Bermudez. The pipeline extends […]

Rosneft, PDVSA Agree to Create PetroVictoria

(Energy Analytics Institute, Ian Silverman, 14.Aug.2013) – PDVSA and Russia’s Rosneft signed an agreement to create the JV company Petrovictoria, which will operate Carabobo Block […]

Amuay Explosion in 2012 Cost PDVSA $1.8 Bln

(Energy Analytics Institute, Ian Silverman, 13.Aug.2013) – The Energy Orientation Center (COENER) announced the Amuay refinery explosion will cost PDVSA $1.8 billion. The explosion at […]

Q&A with Oil Outlook President Carl Larry

(Energy Analytics Institute, Pietro D. Pitts, 9.Aug.2013) – Oil Outlook President Carl Larry spoke with Energy Analytics Institute in a brief interview from Houston, Texas. […]

Q&A with Chevron LatAm’s Susana Brugada

(Energy Analytics Institute, Pietro D. Pitts, 7.Aug.2013) – Chevron Latin America Business Unit Public Affairs and Communications Coordinator Susana Brugada spoke with Energy Analytics Institute […]

Bolivar State Governor Comments On Faja

(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – The Governor of Bolivar state in Venezuela, Francisco José Rangel Gómez, commented on the Faja. “Chavez gave us […]

Ramirez Comments on Oil, Mining Sectors

(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – Venezuelan Oil Minister Rafael Ramirez comments on development of the Orinoco Heavy Oil Belt and the Venezuelan mining […]

Speech by Rafael Ramirez from Puerto Ordaz

(Energy Analytics Institute, Piero Stewart, 27.Jul.2013) – PDVSA’s and Venezuela’s Oil Minister President Rafael Ramirez spoke at the closing of the Sixth National Production Meetings […]

Q&A with Fitch’s Lucas Aristizabal

(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Fitch’s Latin America Corporates Group Director Lucas Aristizabal spoke with Energy Analytics Institute in a brief interview […]

Q&A with Tissot Associate’s Roger Tissot

(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Tissot Associates Consultant Roger Tissot spoke with Energy Analytics Institute in a brief interview from Canada. What […]

Rafael Ramirez Speech in from Cumana

(Energy Analytics Institute, Piero Stewart, 18.Jul.2013) – PDVSA’s and Venezuela’s Oil Minister President Rafael Ramirez spoke with journalist in Cumana, Venezuela. What follows are excerpts […]

Citgo’s Garay Comments on PDVSA Imports

(Energy Analytics Institute, Piero Stewart, 17.Jun.2013) – The Public Affairs Manager with Houston-based Citgo Petroleum, Fernando Garay, comments via phone regarding declining imports of Venezuelan […]

Q&A with Brookshire’s Gianna Bern

(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Brookshire Advisory and Research President Gianna Bern spoke with Energy Analytics Institute in a brief interview from […]

Sinovensa Signs $4 Bln Financing Agreement

(Energy Analytics Institute, Ian Silverman, 12.Jul.2013) – Sinovensa President Erwin Hernandez and China’s Development Bank Vice President Wang Yongshen signed a financing agreement in Beijing […]

Japan, Venezuela Sign Energy MOU

(Energy Analytics Institute, Ian Silverman, 10.Jul.2013) – Venezuela’s Energy and Petroleum Minister Rafael Ramirez and his Japanese counterpart Toshimitsu Motegi meet in Tokyo to review […]

Paraguana Refining Center Running at 717 Mb/d

(Energy Analytics Institute, Piero Stewart, 6.Jul.2013) – With the five distillation plants at Amuay Refinery operating, average processing levels at the Paraguana Refining Center (CRP) […]

PDVSA Says Paraguana Wind Park Advances

(Energy Analytics Institute, Ian Silverman, 3.Jul.2013) – PDVSA initiated wind studies in 2007 and by December 2012 the company had 23 turbines in place with […]

Citgo’s Garay Comments on PDVSA Imports

(Energy Analytics Institute, Piero Stewart, 17.Jun.2013) – The Public Affairs Manager with Houston-based Citgo Petroleum, Fernando Garay, comments via phone regarding declining imports of Venezuelan […]