PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Jul.2025, Words: 193) — Venezuela’s crude oil production is holding steady just above what is seemingly […]
Tag: Repsol
Venezuela’s oil exports on the rise as more cargoes head to China
(Reuters, 2.Jul.2025, Words: 350) — Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous […]
US judge orders Argentina, facing $16.1 bn judgment, to transfer YPF stake
NEW YORK, NEW YORK (By Jonathan Stempel, Reuters, 30.Jun.2025, Words: 437) — A U.S. judge on Monday ordered Argentina to give up its 51% stake in […]
Venezuela lays foundation to boost petrol to $0.75/lt from $0.50/lt, Bloomberg Línea says
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jun.2025, Words: 136) — The government of Venezuela’s president Nicolás Maduro is laying the foundations to implement […]
TotalEnergies and Shell ink deals related to Lapa and Gato do Mato Santos basin fields
SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 4.Jun.2025, Words: 225) — TotalEnergies signed an agreement with Shell Brasil Petróleo Ltda to exchange its 20% non-operated […]
bpTT announces first gas from Mento offshore Trinidad’s southeast coast, eyes Coconut
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 361) — bp Trinidad and Tobago (bpTT) said its Mento development has safely delivered first […]
bp awards Subsea 7 and SLB OneSubsea EPCI contract for Ginger project
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025) — Subsea 7 announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by […]
EAI chartalk: Eni SpA in Mexico and Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Apr.2025, Words: 285) — Italy’s Eni SpA operates in 2 key countries in the Latin America and […]
Eni says credit exposure to PDVSA in Venezuela €0.8bn net of impairment provision
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Apr.2025) — Italy’s Eni SpA, which continues to operate the Cardón IV joint venture with Spain’s Repsol […]
LatAmNRG heard: Bukele to DC, Delcy on China and Russia, YPF dividend, lithium in Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Apr.2025, Words: 450) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
bpTT announces start of production from new Cypre gas project
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Apr.2025) — bp Trinidad and Tobago (bpTT) said its Cypre development has safely delivered its first natural […]
Uncertainties surround Repsol’s Cardón IV and Petroquiriquire projects in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 1.Apr.2025) — Spain’s Repsol, which has also reportedly been notified by Washington that it must wind down […]
NEO Energy Reveals Strategic Merger with Repsol Resources UK Creating North Sea Producer
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025) — NEO Energy, which operates and holds interests in UK North Sea assets offering organic growth opportunities, […]
Ecopetrol Reports 104% Reserves Replacement in 2024, Average Reserve Life of 7.6 Years
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Bogotá-based Ecopetrol SA boosted its net proven crude oil, natural gas and condensates reserves (1P […]
Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]
Repsol Selects IBS Software for Logistics Operations
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025) — Spain’s Repsol selected IBS Software to transform its primary logistics operations across multiple locations. The […]
Ecopetrol Closes Purchase of Repsol’s 45% Interest in Block CPO-09 for $452mn
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Feb.2025) — Ecopetrol S.A. successfully completed the transaction with Repsol Colombia Oil & Gas Limited to purchase the remaining […]
Ecopetrol Closes Deal with Repsol for 45% Interest in Colombia’s CPO-9 Block
(Piero Stewart, Energy Analytics Institute, 29.Dec.2024) — Colombia’s state-owned Ecopetrol successfully concluded negotiations with Spain’s Repsol to acquire the remaining 45% of its interest in […]
Repsol Exploración México Awards McDermott FEED Contract
(Energy Analytics Institute, 3.Dec.2024) — Repsol Exploración México S.A. awarded McDermott a front-end engineering design (FEED) contract for the Polok and Chinwol field development project […]
GeoPark Limited to Pay $530mn for Repsol’s E&P Assets in Colombia
(GeoPark, 29.Nov.2024) — GeoPark Limited signed sale and purchase agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L (collectively referred to as Repsol) to […]
Ecopetrol Says Importation of Venezuela Gas Viable
(Energy Analytics Institute, 4.Oct.2024) — Ecopetrol SA president Ricardo Roa has analyzed the natural gas deficit in Colombia and stressed that the reactivation of Venezuelan […]
Eni reveals new find offshore Mexico at the Yopaat-1 EXP exploration well in Block 9
MEXICO CITY, MEXICO (Fidencio Casillas, 8.Jul.2024) — Italian oil and gas giant Eni announced a new discovery at the Yopaat-1 EXP exploration well in Block 9. […]
Petrobras Ranking by Poder 360
(Energy Analytics Institute, 18.May.2024) — In 2023, Petrobras was the 4th most profitable oil company. Saudi Arabia’s Saudi Aramco remains the leader, on its own, […]
Repsol Posts 1Q:24 Net Income of €969mn
(Repsol, 25.Apr.2024) — Repsol reported operating cash flow during the first quarter of 2024 was €1,362mn, €465mn lower than in the same period of 2023. […]
Repsol Completes Construction of Frye Solar, its Largest Solar Plant in the US
(Repsol, 11.Apr.2024) — Repsol completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW […]
Repsol CEO Josu Jon Imaz comments on Venezuela situation, Cardon IV production
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Feb.2024) — Repsol CEO Josu Jon Imaz commented on the Spanish company’s operations in Venezuela under Washington’s most recent […]
Repsol Reveals Strategic 2024-2027 Update [PDF Downloads]
(Repsol, 22.Feb.2024) — “Over the next four years we will stay the course on the strategy we presented in our previous plan to address the […]
Repsol CEO Josu Jon Imaz Comments on Venezuelan Opportunities
(Energy Analytics Institute, 26.Oct.2023) — Repsol SA CEO Josu Jon Imaz updated the analyst community on the Spanish company’s situation in Venezuela during a recent […]
Repsol Starts Producing Renewable Hydrogen at Petronor
(Repsol, 9.Oct.2023) — Repsol has begun producing renewable hydrogen at its Petronor industrial center (Biscay, Spain). The 2.5 MW electrolyzer can generate 350 tons per […]
Repsol Sells E&P Assets in Canada for $468mn
(Repsol, 7.Sep.2023) — Repsol agreed to sell its oil and gas assets in Canada to Peyto for $468mn (approximately €433mn) as part of its ongoing […]
Repsol Enters US Onshore Wind Market with Acquisition of ConnectGen
(Repsol, 7.Sep.2023) — Repsol has taken a significant step to accelerate its multi-energy transformation to net zero emissions by 2050. The Spanish company signed today […]
EAI’s NRGBriefs: May 2023
(Energy Analytics Institute, 31.May.2023) — Energy briefs as well as others related to finance and politics during May 2023 including Venezuela planning to issue a […]
Petrobras on Contracting for Block BM-C-33
(Petrobras, 10.May.2023) — Petrobras, following up on the release disclosed on 05/08/2023, informs that Equinor, on behalf of the consortium formed to develop block BM-C-33, […]
Petrobras on Development of Block BM-C-33
(Petrobras, 8.May.2023) — Petrobras has approved, together with its partners Equinor and Repsol Sinopec Brasil, the final investment decision (Phase III) of block BM-C-33, operated […]
Equinor and Partners Announce $9bn FID for BM-C-33 in Brazil
(Equinor, 8.May.202) — Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is […]
Repsol Reports Net Income of €4.3bn in 2022 [PDF Downloads]
(Repsol, 16.Feb.2023) — Repsol obtained a net income of €4.251bn in 2022, a year marked by uncertainty, volatility, and complex market dynamics due to the […]
Welligence: Venezuela Sanctions Update
(Welligence, 1.Dec.2022) — Chevron Corporation has recently secured a license to renew limited operations within the country and source critical inputs necessary for processing crude, […]
PDVSA Pauses Oil-for-debt Shipments to Europe, Wants Product Swaps
(Reuters, 12.Aug.2022) — Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it […]
Tullow: Beebei-Potaro Exploration Well Plugged, Abandoned Offshore Guyana
(Tullow, 5.Aug.2022) — Tullow Oil plc announces that drilling operations at the Beebei-Potaro exploration well, drilled in the Kanuku licence, offshore Guyana, have been completed. […]
Repsol Confirms Venezuela Crude Deal Restart
(Argus, 28.Jul.2022) — Spain’s integrated Repsol has resumed its crude-for-debt deal with Venezuela, and said the arrival of around 3mn bl of Venezuelan crude at […]
US to Allow Venezuelan oil to be Shipped to Europe: Report
(The Hill, 5.Jun.2022) — The U.S. will reportedly resume allowing Venezuelan oil to flow to Europe, people familiar with the matter told Reuters. The outlet on […]
US to Let Eni, Repsol Ship Venezuela Oil to Europe, Reuters Says
(Bloomberg, 5.Jun.2022) — The US could allow Italy’s Eni SpA and Spain’s Repsol SA to ship Venezuelan oil to Europe as soon as July to make up […]
Repsol to Invest €105mn in the Puertollano Industrial Complex
(Repsol, 2.Jun.2022) — Repsol will invest 105mn euros in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing […]
NRGBriefs: FMC LatAm Sales; Rig Mobilized in Suriname
(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 “driven by robust volume growth in soybean, corn […]
NRGBriefs: The Vennie-Trini Gas Dilemma; TotalEnergies’ 1Q:22 Results
(Energy Analytics Institute, 28.Apr.2022) — Energy briefs including Venezuela’s inability to develop its gas sector presenting a massive opportunity for neighboring Trinidad and Tobago with […]
Repsol Posts 1Q:22 Net Income of €1.392bn [PDF Downloads]
(Repsol, 28.Apr.2022) — Repsol‘s integrated business model and management in line with its Strategic Plan have allowed it to post a net result of €1.392bn, taking advantage of […]
Repsol Commences Producing Electricity at Jicarilla 2, its First Solar Plant in the US
(Repsol, 27.Apr.2022) — Repsol started producing electricity at its first photovoltaic plant in the United States, called Jicarilla 2, in the state of New Mexico. […]
Santos Reveals Pikka FID and Net-zero Project Plans
(Santos, 17.Apr.2022) — Santos Ltd., as operator of the Pikka Unit joint venture, today announced a final investment decision (FID) has been taken to proceed […]
NRGBriefs: Washington yet to Ease Sanctions on Venezuela
(Energy Analytics Institute, 16.Mar.2022) — Energy briefs including Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) receiving TSX Venture Exchange approval of a […]
TotalEnergies Seeks Exit from Venezuelan Gas Projects
(Bloomberg, 10.Feb.2022) — TotalEnergies SE is negotiating an exit from its natural gas operations in Venezuela, just months after the French energy giant closed its oil […]