Estimated read time 4 min read
Brazil Latin America and the Caribbean

Brazil, China, UAE Firms Eying Petrobras Refineries

(Reuters, Tatiana Bautzer and Carolina Mandl, 28.Nov.2019) — Brazil’s state-controlled oil company Petroleo Brasileiro SA has selected four groups for the second round of bidding [more…]

Estimated read time 2 min read
Canada Latin America and the Caribbean North America USA Venezuela

Third Circuit Rejects Citgo Rehearing

(Argus, Elliott Blackburn, 21.Nov.2019) — Federal appeals court judges have denied Venezuela’s request to rehear a July decision upholding the pursuit of the country’s US [more…]

Latin America and the Caribbean Venezuela

Venezuelan Oil Assets to be Seized by Creditors

(Express, Simon Osborne, 16.Aug.2018) – Venezuela’s oil assets are being targeted by angry creditors after a US court granted a Canadian mining company permission to [more…]

Latin America and the Caribbean Mexico USA

Mexico’s Fuel Plan Won’t Immediately Impact Texas

(Texas Tribune, Juan Luis García Hernández, 14.Aug.2018) – After a dramatic spike in gasoline prices incited widespread protests in Mexico last year, then-presidential candidate Andrés [more…]

Latin America and the Caribbean USA Venezuela

Venezuela’s Citgo Refineries At Risk Of Seizure

(Forbes, Robert Rapie, 12.Aug.2018) – In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested [more…]

Latin America and the Caribbean Venezuela

Is Venezuelan Oil Output Falling Faster Than Expected?

(OilPrice.com, Nick Cunningham, 12.Aug.2018) – The bad news from Venezuela continues. In July, Venezuela’s oil production came in lower than PDVSA had targeted, according to [more…]

Latin America and the Caribbean USA Venezuela

Crystallex Cuts Others In Line for Citgo Assets

(Energy Analytics Institute, Jared Yamin, 11.Aug.2018) – Crystallex seems to have cut in line while there are many others already in line for CITGO assets [more…]

Jamaica Latin America and the Caribbean

Wheatley Falls: Latest Casualty of Energy Scandal

(Jamaica Gleaner, Edmond Campbell, 31.Jul.2018) – The ongoing scandal that began at the state-owned oil refinery Petrojam has claimed its latest casualty with the resignation [more…]

Latin America and the Caribbean Mexico

Mexico’s Next President Promises Pemex Investment

(Bloomberg, Amy Stillman, 30.Jul.2018) – Mexico’s incoming president named a new chief executive officer for Pemex and promised government investment of 75 billion pesos ($4 [more…]

Latin America and the Caribbean Venezuela

Venezuela’s Declining Crude Exports Squeeze India’s Refiners

(Reuters, Marianna Parraga, 3.Jul.2018) – Venezuela’s crude shipments to India, its third largest export market, fell 21 percent in the first half of the year, [more…]

Latin America and the Caribbean Mexico

Pemex Lets Contract for Tula Refinery

(Oil and Gas Journal, Robert Brelsford, 11.Jun.2018) – Mexico’s Petroleos Mexicanos (Pemex), through its processing subsidiary Pemex Transformacion Industrial (formerly Pemex Refinacion), has let a [more…]

Latin America and the Caribbean Venezuela

Maduro Names Citgo President as Venezuela’s Oil Minister

(Energy Analytics Institute, Aaron Simonsky, 20.Jan.2017) – Venezuela President Nicolas Maduro announced the appointment of Nelson Martínez, the actual president of Citgo Petroleum Corporation, as [more…]

Aruba Latin America and the Caribbean Venezuela

CITGO, Aruba Gov’t Finalize San Nicolas Refinery Deal

(Energy Analytics Institute, Pietro D. Pitts, 11.Jun.2016) – Authorities from the governments of Aruba, the Bolivarian Republic of Venezuela, and officials from Venezuela’s state oil [more…]

Ecuador Latin America and the Caribbean

PetroEcuador Highlights Benefits of Esmeraldas Workover

(Energy Analytics Institute, 19.Apr.2016, Clifford Fingers III) – EP PetroEcuador stands to gain the most from the recent workover to the Esmeraldas Refinery, reported the [more…]

Ecuador Latin America and the Caribbean

PetroEcuador Refineries Have 175 Mb/d Capacity

(Energy Analytics Institute, 5.Apr.2016, Clifford Fingers III) – EP PetroEcuador’s three refineries — Esmeraldas, La Libertad and Shushufindi — had a combined processing capacity of [more…]

Latin America and the Caribbean USA

ExxonMobil Sells Share of Chalmette Refinery in Louisiana

(Exxon Mobil Corporation, 18.Jun.2015) – ExxonMobil reached an agreement with PBF Energy Inc. for the sale and purchase of its 50% interest in Chalmette Refining, [more…]