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Mexico to sweetening contract terms after crude rout


Mexico Finance Minister Luis Videgaray speaks at London stock exchange, March 2, 2015

MEXICO CITY
Petroleumworldve.com 03 05 2015

Mexico will alter terms of oil blocks being auctioned this year in response to criticism from prospective bidders that crude's rout made original requirements onerous. - story

No override to Obama's veto of Keystone XL pipeline by U.S. Senate

WASHINGTON
Petroleumworldve.com 03 05 2015

The U.S. Senate failed on Wednesday to override President Barack Obama ' s veto of legislation approving the Keystone XL oil pipeline, leaving the controversial project to await an administration decision on whether to permit or deny it. - story

 

Lagniappe




David Smilde and Michael McCarthy :
Chavismo under pressure: Economic crisis
and political challenges in Venezuela - See video

 

 

Anthony Bryan : TT - Venezuela analysed - See video

 

Editor's Mail

We invite all our readers to share with us their views
and comments about the articles on this site.

Write to editor@petroleumworld.com

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OIL PRICES:
Updated:Mar 05 2015 10:47GMT

03/04 OPEC Basket: $55.81

02/27 Venezuela Basket:* $48.82

02/13 Venezuela Basket:** $41.94

03/04 Mexico Basket: $49.41

03/04 NYMEX Natural Gas: $2.769

03/04 ICE BRENT: $60.55 NYMEX WTI: $51.53

03/04 US /BsF 176.74 - BsF/ € 195.76 / BCV transfer

03/04 US/BsF 264.00 - BsF/€291.00 / Parallel Transf***

03/05 FX 1 Euro=$1.1049US dollars 10:46 GMT

Closing daily prices / average weekly price*
Average price for 2015**/ Average Cucuta's price ***.
Martin Luther King Jr. holiday ****


WEEKS' HEADLINES

Petrobras CEO was replace over a $30 billion writedown disagreement


Brazilian President Dilma Rousseff, right, with Maria das Gracas Foster, then Petrobras chief executive officer, 23-12-2014

RIO DE JANEIRO / BRASILIA
Petroleumworldve.com 03 04 2015 - story

Venezuela-U.S. diplomacy row deepens over embassy staffing

WASHINGTON
Petroleumworldve.com 03 04 2015 - story

Venezuela declare war on fracking using "Fucking word"


Government officials and PDVSA president Eulogio del Pino (2nd from left to rigth) at inauguration of the educational exhibit FuckingFracking, March 2, Caracas.

CARACAS
Petroleumworldve.com 03 03 2015 - story

Brazil's Petrobras to sell $13.7 billion in assets in 2015 and 2016


Petrobras refinery at Pasadena, california

SAO PAULO
Petroleumworldve.com 03 03 2015 - story

Mexico Round One: Oil tender offer 5 shallow water areas in gulf

MEXICO DF
Petroleumworldve.com 03 02 2015 - story

Tensions mount as Maduro orders U.S. to reduce staff in Caracas embassy


U.S. embassy in Caracas

CARACAS
Petroleumworldve.com 03 02 2015 - story

Oil demand is growing, markets are settling- Al-Naimi's

JIZAN, Saudi Arabia
Petroleumworldve.com 27 02 2015 - story

Argentina's YPF earnings disappointing but output is growing

BUENOS AIRES
Petroleumworldve.com 27 02 2015 - story

Venezuela ask for annulment of Exxon award at World Bank tribunal

CARACAS
Petroleumworldve.com 26 02 2015 - story

Pluspetrol dealing with occupation by protesters of some Peru oil wells


Protests still unresolved between indigenous of Nuevo Jerusalen, an Achuar town and Pluspetrol

LIMA
Petroleumworldve.com 26 02 2015 - story

Venezuela to resume oil sales to Trinidad,
signed treaty on Manakin - Coucina gas field


Kevin Ramnarine, Minister of Energy and Energy Affairs of Trinidad and Tobago signing Manakin Coucina field specific treaty today at the Diplomatic Center while PM Kamla Persad Bissessar and President Nicholas Maduro look on.

PORT SPAIN
Petroleumworldve.com 25 02 2015 - story

Barack Omaba vetoes Keystone XL oil pipeline


See video on Obama's veto points to Keystone XL endgame

WASHINGTON
Petroleumworldve.com 25 02 2015 - story

Oil prices, Russia weigh on LatAm credits

NEW YORK
Petroleumworldve.com 24 02 2015 - story

Petrobras rigs maker Brazil shipyard EAS ends $6 billion drillships deal

SAO PAULO/RIO DE JANEIRO
Petroleumworldve.com 24 02 2015 - story

U.S. refinery strike to include 600.250 bpd
Motiva's Port Arthur, nation's largest

Reuters/Richard Carson

Workers from the United Steelworkers (USW) union walk a picket line outside the Lyondell-Basell refinery in Houston, Texas February 1, 2015.

HOUSTON
Petroleumworldve.com 23 02 2015 - story

Brazil's Petrobras refinery cracker unit should be fixed by March 7

RIO DE JANEIRO
Petroleumworldve.com 23 02 2015 - story

 

 Trinidad &Tobago Brazil

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WGC Paris, June, 2015
 ow.ly/ziUh0

LAGNIAPPE

Trinidad & Tobago:
Energy Minister
Kevin Ramnarine
Year in Review 2014 -See
video

John Kemp: Oil price
war inflicts collateral
damage in Latin America

Kenneth Rapoza: How new
Petrobras CEO stacks up
against his global peers

Paul Mason: ‘Hope
begins today':
the inside story of
Syriza's rise to power

Colin Chilcoat: China in
pursue of Latin American
oil


The Gas Industry
in Venezuela

by The National
Engineering Academy
(Spanish)


EDITOR'S MAIL

Venezuela risks
default if Chavez
wins

Suggestions,
collaborations are
welcome write to us :
editor@
petroleumworld.com

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