- Joe Barone, Shale Directories
- Blog
- October 18, 2019
Venezuela could cede control of PDVSA: paper
The government of Venezuela is ready to hand over full control of its state-run oil company PDVSA (Petroleos de Venezuela) to Russia’s Rosneft, El Nacional newspaper said, citing sources in the industry, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- October 2, 2019
Sempra selling stake in Luz del Sur in Peru
Sempra Energy said this week it’s selling its equity interests in its Peruvian businesses, including its 83.6% stake in electric utility Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- September 18, 2019
Venezuela can’t find vessels to ship its oil
Exports of Venezuelan crude oil, severely curtailed due to U.S. sanctions, now face a new concern: a shortage of vessels willing to transport crude produced by the regime of President Nicolas Maduro, Bloomberg reports.- Joe Barone, Shale Directories
- Blog
- July 22, 2019
McDermott awarded pre-Feed pact for LNG project
McDermott International said last week it was awarded a contract valued between $1 million and $50 million by Argentina-based YPF, S.A. to provide pre-front-end engineering design (pre-Feed) services for a five million tonnes per annum (Mtpa) LNG liquefaction facility.- Joe Barone, Shale Directories
- Blog
- July 10, 2019
Petrobras strikes deal with regulator to sell assets
Brazilian state-owned oil firm Petroleo Brasileiro SA (Petrobras) has reached an agreement with anti-trust regulator Cade to sell natural gas transportation and distribution assets.- Joe Barone, Shale Directories
- Blog
- June 12, 2019
ExxonMobil to proceed with oil development in Argentina
ExxonMobil said Tuesday it will develop an onshore oil project in Argentina that could produce up to 55,000 barrels of oil-equivalent per day (Boe/d) within five years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2019
YPF prepares first shipment of LNG from Argentina
Argentine oil company YPF SA said it’s now loading the first shipment of liquefied natural gas for export from the South American country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2019
Petrobras to sell onshore fields
Brazilian multinational corporation Petrobras Monday launched the sale of two sets of onshore concessions, Kallanish Energy learns. The concessions are located in the northeastern state of Bahia, where Petrobras is operator and fully owns all but two concessions.- Joe Barone, Shale Directories
- Blog
- May 22, 2019
Petrobras approves addendum for $9 billion compensation
The board of directors of Brazilian state-owned Petrobras approved Tuesday an addendum to a transfer-of-rights oil contract which establishes a $9 billion reimbursement, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 21, 2019
Venezuela’s crude production lowest in 16 years
In April 2019, Venezuela’s crude oil production averaged 830,000 barrels per day, down from 1.2 million barrels per day (Mmbpd) at the beginning of the year, according to the Energy Information Administration.- Joe Barone, Shale Directories
- Blog
- April 19, 2019
Venezuela bypasses U.S. sanctions by selling crude via Russia
Venezuelan President Nicolas Maduro is moving cash from Venezuelan oil sales through Russian state energy giant Rosneft, as he looks to evade U.S.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
Engie, Caisse to buy Petrobras pipe unit for $8.6B
Petroleo Brasileiro SA (Petrobras) agreed to sell its 90% stake in a Brazilian natural gas pipeline company to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
U.S. adds companies, ships to Venezuela sanctions list
The U.S. Friday added two companies which ship crude oil from Venezuela to Cuba, along with 34 ships, to a financial sanctions list aimed at increasing pressure on Venezuelan President Nicolas Maduro to step down and turn over power to his opposition.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
Venezuela oil output is said to have dropped by 50%
Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg.- Joe Barone, Shale Directories
- Blog
- March 27, 2019
Activity stops at Venezuela’s main oil port after blackout
Venezuela’s main oil port of Jose, operated by state-run oil giant Pdvsa, was virtually shut down following a massive power blackout Monday, two oil industry workers and a union leader close to the facility told Reuters.- Joe Barone, Shale Directories
- Blog
- March 14, 2019
GeoPark acquires its first Ecuadorean blocks
Oil and gas exploration company GeoPark announced Wednesday the acquisition of two blocks in Ecuador, Kallanish Energy reports. The purchase is the first investment in Ecuador for the company, headquartered in Chile, with operations in other South American countries.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Sempra to begin sales process for Peru, Chile operations
Sempra Energy on Monday announced it will initiate the formal process to sell its 83.6% stake in Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Sempra to begin sales process for Peru, Chile operations
Sempra Energy on Monday announced it will initiate the formal process to sell its 83.6% stake in Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- February 22, 2019
Companies partner to export frac sand to Argentina
Frac sand miner/distributor Shale Support is partnering with international transportation company Fracht Group to ship frac sand to Argentina and the Vaca Muerta Shale play.- Joe Barone, Shale Directories
- Blog
- January 29, 2019
Trump levels sanctions against Maduro, PDVSA
The Trump administration Monday announced billions of dollars in new sanctions against Venezuelan President Nicolas Maduro and the country’s state-owned oil company, PDVSA, five days after President Trump formally recognized Juan Guaido as Venezuela’s legitimate leader.- Joe Barone, Shale Directories
- Blog
- January 29, 2019