(Reuters, 26.Sep.2021) â Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face […]
Tag: Royal Dutch Shell
Scandal Deepens Over Ill-fated Gas Deal
(Trinidad Guardian, 3.Sep.2021) â In what could turn out to be a major scandal for the government and state-owned National Gas Company, (NGC) Guardian Media has obtained confidential correspondence between […]
BP: No Gas For Train 1
(Trinidad Express, 19.Jul.2021) â Energy major BP said there is no âongoing fightâ between itself and the minority shareholder of Atlantic, Royal Dutch Shell. In a statement issued late yesterday, […]
Big Energy Fights Over Atlantic
(Trinidad Express, 18.Jul.2021) â No definitive decision has as yet been taken to mothball Atlantic Train I, industry insiders have said. According to these insiders, reports of the plant being […]
Colombia Anticipates New Offshore Oil Exploration
(Bloomberg, 1.Jul.2021) â Oil majors are gearing up to explore off the coast of Colombia, offering hope to a country struggling to reverse declines in reserves and output of its […]
Shell Going âGreenâ, Plans Steady Drop In Oil Business
(AP, 12.Feb.2021) â Royal Dutch Shell, one of the multinationals that has defined the oil industry, is slowly turning away from the fossil fuel that made its fortune over the […]
Suriname Latest Big Oil Find As Industry Cuts Costs
(The New York Times, 20.Jan.2021) â The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less. The Atlantic waters […]
Mexico’s Lopez Wants Plan To Execute Energy Vision
(Reuters, 11.Aug.2020) â Mexico’s president has given officials until late September to craft a plan to reassert state control over the energy industry as an alternative to constitutional change to […]
Chevron Expects To Restart Train 2 Of Gorgon LNG Plant
(Reuters, 28.Jul.2020) â Chevron Corp expects to restart Train 2 of its Gorgon liquefied natural gas (LNG) plant in Australia in early September after completing repairs, a company spokesman said […]
Guyana Extends Search For Agent To Sell Govt’s Oil
(Reuters, 11.Mar.2020) â Guyana has extended the initial deadline in its search for an agent to market its share of oil produced by an Exxon Mobil-led consortium to March 24, […]
Noble Reports Quarterly And Full Year 2019 Results
(Noble, 19.Feb.2020) â Noble Corporation plc reported a net loss attributable to the Company for the three months ended December 31, 2019 (fourth quarter) of $33 million, or $0.13 per […]
Exxon, Shell To Delay Vaca Muerta Production
(Seeking Alpha, Carl Surran, 20.Nov.2019) â Exxon Mobil and Royal Dutch Shell say they want to ramp up oil and natural gas production in Argentina’s Vaca Muerta shale play but […]
Brazil Tender Disappoints
(Reuters, Gram Slattery, Marta Nogueira, Marianna Parraga, 6.Nov.2019) â Brazilâs biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of state-run oil company Petrobras scared […]
Priciest Oil Auction Could Raise $50bn in Brazil
(Bloomberg, Sabrina Valle, 21.Oct.2019) â An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according […]
Mexicoâs New President Throws Down Gauntlet To Oil Majors
(Reuters, Frank Jack Daniel and David Alire Garcia, 5.Dec.2018) â Mexicoâs new president, Andres Manuel Lopez Obrador, said on Wednesday he would not cancel contracts issued to foreign and national […]
Royal Dutch Shell Provides 3Q:18 Highlights For Brazil And Argentina
(Energy Analytics Institute, Jared Yamin, 2.Nov.2018) â Royal Dutch Shell provided an update related to portfolio developments in Brazil and Argentina during the third quarter 2018. Third Quarter 2018 Portfolio […]
Petrobras Fires Up New Platform In Offshore Lula Field
(Reuters, 24.Oct.2018) â State-controlled oil company Petroleo Brasileiro said on Wednesday it had started production on its eighth platform in the offshore Lula field, Brazilâs most productive, as it ramps […]
Mexicoâs Lopez Obrador Pushes Big Oil To Hurry, But Offers Little
(Reuters, David Alire Garcia, Marianna Parraga, 16.Oct.2018) â At his first meeting with foreign oil majors, Mexicoâs leftist president-elect pushed the companies to prove themselves by quickly pumping oil from […]
Trinidad Inks Gas Deal With Venezuela To Continue LNG Exports
(Bloomberg, Ryan Collins and Kelly Gilblom, 25.Aug.2018) â Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas […]
Shell Oil Traders Trade One Caribbean Paradise For Another
(Reuters, Julia Payne, 17.Aug.2018) â Royal Dutch Shell’s oil traders in the Caribbean island of Barbados are getting ready for a tough gig â theyâre being moved to the Bahamas […]
Shell Offers 1H:18 LatAm Updates
(Energy Analytics Institute, Jared Yamin, 1.Aug.2018) â Royal Dutch Shell plc announced the following updates during the first half of 2018. Mexico In the deep-water bid round in Mexico in […]
Shell Provides 3Q:18 Outlook Update
(Energy Analytics Institute, Jared Yamin, 1.Aug.2018) â Royal Dutch Shell plc offered the following outlook for the third quarter of 2018. Compared with the third quarter 2017, Integrated Gas production […]
Petrobras Targets China with New Crude Oil
(Reuters, Florence Tan and Alexandra Alper, 27.Jul.2018) â Brazilâs state-controlled energy company Petrobras plans to push more crude oil to top importer China by marketing a new medium-sweet grade that […]
Argentina Resurrects Oil Intervention Panic
(Bloomberg, Jonathan Gilbert, 22. Jun.2018) â Javier Iguacel has left the road for the oilfield, and that may mean a complete about-face on Argentine energy policies. Iguacel, whoâd led Argentinaâs […]
Uruguay to Adopt Process for Offshore Oil Blocks
(Reuters, Luc Cohen, 15.Jun.2018) â Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to […]
Brazil Raises $830 Mln in Pre-Salt Auction
(Efe, 7.Jun.2018) â Brazil raised 3.15 billion reais (around $830 million) in fixed signing bonuses on Thursday in its fourth auction of oil blocks in a deepwater region of the […]
Petrobras Says P-69 Arrives in Brazil
(Petrobras, 30.Mar.2017) â Platform is now at Brasfels shipyard in Angra dos Reis On March 28, the hull of floating production, storage and offloading vessel (FPSO) P-69 arrived at the […]
Big Oil Flocks To Argentina As Permian Land Prices Skyrocket
(Oilprice.com, Charles Kennedy, 15.Sep.2016) â The Permian Basin has become so hot that some oil companies are starting to stay away, instead looking at frontiers that are less picked over. […]
Shell Announces Return to Bolivia
(Energy Analytics Institute, Jared Yamin, 8.Jun.2016) â Royal Dutch Shell, which ceased to operate in Bolivia in June of 2008, has laid out exploration and exploitation plans for the small […]