PARIS, FRANCE (By Viridien, 9.Sep.2026, Words: ) â Viridien joined the Rice AI Venture Accelerator (RAVA) as its scientific compute anchor partner to help the next generation of AI-powered scientific and industrial technology companies accelerate the journey from breakthrough innovation to commercial deployment. Through this partnership, RAVA early-stage partners will gain […]
Tag: Rice University
Riceâs Baker Institute unveils Argentina Energy Sector Initiative
(Baker Institute, 8.Aug.2024) â Rice Universityâs Baker Institute for Public Policy announces a new initiative focused on the Argentine energy sector that will result in conferences, reports and workshops. Argentina possesses a wide range of energy resources, including the Vaca Muerta shale formation which contains the worldâs second largest unconventional […]
Venezuela to Divert Barrels from China if US Continues Easing Sanctions
(Reuters, 18.Oct.2023) â Exemptions to sanctions on Venezuelan oil exports that the U.S. is mulling should not result in a large crude production surge in the OPEC country, instead taking barrels away from its current main destination China, experts said. The administration of U.S. President Joe Biden plans to provide some […]
Mexico Plans to be LNG Export Hub with US Gas
(Bloomberg, 15.Aug.2022) â Mexico â which imports nearly all of the natural gas it burns â has laid out a somewhat surprising mission: to become one of the worldâs top exporters of the fuel, and fast. Although natural gas exports from Mexico are today non-existent, seeing as it produces too little of the power-plant […]
Jagdeo: Developed Countries Must Help In Climate Fight
(DPI, 18.Aug.2021) â Vice President Dr. Bharrat Jagdeo MP, has issued a clarion call for developed countries to pull their weight in the fight against climate change. The Vice President made this appeal Tuesday night, during his feature address to the Rice University: Baker Institute Centre for Energy Studies with […]
Venezuela Tears Apart Oil Pipelines To Sell As Scrap
(Bloomberg, 11.Sep.2020) â Venezuelaâs capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the Nicolas Maduro regime is willing to cannibalize the countryâs crumbling energy infrastructure to pay contractors with scrap metal. Unlike the tar-like crude from Venezuelaâs Orinoco […]
Venezuela Offers Discounts As Prices Collapse
(Reuters, 10.Mar.2020) â Venezuelaâs oil company PDVSA is this week offering discounts of up to $23 per barrel on its flagship crude, traders said, as a collapse in global oil prices puts more pressure on the state-run firm, already reeling from tightening U.S. sanctions. Petroleos de Venezuela had already been […]
US Cuts Venezuelan Flows Plans For China, Rosneft
(S&P Global Platts, 24.Dec.2019) â US sanctions on PDVSA shut down roughly 500,000 b/d of crude flows from Venezuela to Gulf Coast refineries within a matter of weeks after being imposed in January, and helped cut the South American nation’s oil production roughly in half before the end of the […]
Mexico Open Season: GMECâs Monroy And Baker Instituteâs Duhalt Weigh In
(Energy Analytics Institute, Aaron Simonsky and Jared Yamin, 25.Jun.2019) â As part of Energy Analytics Instituteâs ongoing coverage of the Latin America and Caribbean energy sectors from conventionals and unconventionals to renewables, two oil and gas experts covering Mexico â GMECâs Director Gonzalo Monroy and Baker Instituteâs Fellow Adrian Duhalt […]
Venezuela Agrees to Pay $2 Bln Over Seizure of Oil Projects
(The New York Times, Clifford Krauss, 20.Aug.2018) â More than a decade ago, Venezuela seized several oil projects from the American oil company ConocoPhillips without compensation. Now, under pressure after ConocoPhillips carried out its own seizures, the Venezuelans are going to make amends. ConocoPhillips announced on Monday that the state […]
Is Venezuelan Oil Output Falling Faster Than Expected?
(OilPrice.com, Nick Cunningham, 12.Aug.2018) â The bad news from Venezuela continues. In July, Venezuelaâs oil production came in lower than PDVSA had targeted, according to Argus Media. While PDVSA had hoped that it, along with its joint venture partners, would produce as much as 1.65 million barrels per day (mb/d) […]
Crystallex Cuts Others In Line for Citgo Assets
(Energy Analytics Institute, Jared Yamin, 11.Aug.2018) â Crystallex seems to have cut in line while there are many others already in line for CITGO assets and value. What follows are comments published by Venezuelan oil analyst Francisco Monaldi in a series of tweets related to the legal battle over CITGO: […]
Analysts: Only a Matter of Time Before Venezuela Loses Citgo
(Houston Chronicle, Jordan Blum, 10.Aug.2018) â Financially crippled Venezuela likely will lose control of its Houston refining arm Citgo Petroleum once a slew of lawsuits eventually are resolved, and it’s just a matter of when and to whom, finance and energy analysts said Friday. A federal judge ruled late Thursday […]