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TOP NEWS

 

 

 

Pemex posts wider 2nd-qtr loss on lower prices, output

MEXICO CITY
Petroleumworld.com 07 29 2015

Mexican state-run oil company Pemex said losses widened in the second quarter, marking its eleventh straight quarter in the red, on slumping prices and a nearly 10 percent drop in crude output. - story

Venezuela's president signals no election monitoring allowed

NEW YORK
Petroleumworld.com 07 29 2015

Venezuela's President Nicolas Maduro indicated he won't allow international observers to monitor December's congressional elections, as opinion polls show the ruling party losing its majority. - story


 



Lagniappe

 

"Perdido" the largest oil rig in the world

 


 

Perdido is the deepest floating oil rig (platform) in the world at a water depth
of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico.


Editor's Mail

 

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and comments about the articles on this site.


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OIL PRICES:
Updated: July 29, 2015 09:13 GMT

07/28 OPEC Basket: $50.54

07/24 Venezuela Basket:* $47.89

07/24 Venezuela Basket:**$47.79

07/28 Mexico Basket: 46.57

07/28 NYMEX Natural Gas:
$2.82


07/28 ICE BRENT: $53.30 NYMEX WTI: $47.98

07/28 US/BsF 682.50 - BsF/€ 755.00 / Parallel Transf***

07/29 FX 1 Euro=$1.1058 US dollars 09:12 GMT

Closing daily prices / average weekly price*
Average price for 2015**/ Average Cucuta's price ***



 


WEEKS' HEADLINES

PDVSA seeks 40 API crudes to dilute its extra heavy oil

HOUSTON
Petroleumworld.com 07 28 2015- story

Venezuela won't escape default in '16 - Harvard professor


Ricardo Hausmann, Harvard University Professor

NEW YORK
Petroleumworld.com 07 28 2015- story

Pemex to submit tie-ups in August, will ship 6 mln of crude to Japan

MEXICO CITY
Petroleumworld.com 07 27 2015
- story

Repsol to weigh sale of assets including Venezuela

TORONTO/MADRID/LONDON
Petroleumworld.com 07 27 2015
- story

Oil union begins 24-hour strike against Petrobras asset sales

RIO DE JANEIRO
Petroleumworld.com 07 24 2015
- story

Jamaica sell bonds to repay PDVSA Petrocaribe debt

NEW YORK
Petroleumworld.com 07 24 2015
- story

U.S. crude stocks soar above five-year seasonal average: EIA

NEW YORK
Petroleumworld.com 07 23 2015
- story

The Caribbean an expensive oil rigs parking lot

HOUSTON
Petroleumworld.com 07 23 2015

Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the engine running. - story

Petrobras confirms irregularities in 2009 Braskem deal

SAO PAULO
Petroleumworld.com 07 22 2015
- story

Mexico's Alfa still eyeing Round One auctions after deal collapse



MEXICO CITY
Petroleumworld.com 07 22 2015
- story

Camargo Correa executives convicted in Petrobras scandal


Three construction industry executives from Brazil's Camargo Correa group were convicted of money laundering, corruption and other charges on Monday

RIO DE JANEIRO
Petroleumworld.com 07 21 2015
- story

Pemex pays $295 million to settle Siemens dispute

Reuters/ Edgard Garrido

MEXICO CITY
Petroleumworld.com 07 21 2015
- story

IEA: "OECD industry inventories surge to record"


OECD industry inventories hit a record 2 876 mb in May, up by a steep 38.0 mb. Product holdings led the build and by end-month covered 30.7 days of forward demand. Global supply and demand balances suggest that the rate of global stock builds quickened rapidly to an astonishing 3.3 mb/d during 2Q15.

NEW YORK
Petroleumworld.com 07 20 2015- story

Venezuela default may be closer than previously thought


The Wall Street Journal, Sept 2014

SANTIAGO
Petroleumworld.com 07 20 2015
- story

 

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29-30 September,
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ISSUES...

Inside, confidential,
off the record

Exxon 700 mb in
Guyana Essequibo

U.S. - IRAN nuclear
agreement a failure

Venezuela: Shortages worsens

Nuclear: Right to choose

Greece, why?

Pacific Rubiales napping ...?

Crude inventories enormous!

Keystone irrelevant

Shale Watch

O'Hara vs Pacific
Rubiales: no vote

'Paradise for $20'

Bolivarian traffic
of cocaine

Rubiales thin line

All for Rubiales

To read all
ISSUES... articles

Click on issues


EDITORIAL

Jeremy Martin and
Alexis Arthur: Why Mexico's
historic Round One Oil
Bidding wasn't a complete flop

Fiona Maharg-Bravo: Oil is
grounded in a sub-$60 bear
market

IOA: Energy and Dilma’s
US Visit – Out of Crisis,
Opportunity

Leonard Brecken: EIA oil
numbers are very suspect

Daniel Lansberg-Rodríguez:
An oil strike in no man's land

Bloomberg View:
Pope Francis's call
for climate action

U.S. Congress Small Business
Comitte “Crude Intentions:
The Untold Story of the Ban,
the Oil Industry, and America's
Small Businesses”

Dimitra DeFotis:Venezuela GDP shrinking at +4% pace, Goldman says

John Hall: The OPEC Seminar 2015
& The 167th. Meeting of the OPEC
Conference Vienna, Austria,
3rd to 5th. June, 2015

IOA: Interview with Duncan
Wood Director, Mexico Institute,
Woodrow Wilson International
Center for Scholars

 

Editorial position


On sale now
New 2013 edition!



We Fedex any
where in the world


LAGNIAPPE

 

Kejal Vyas: PDVSA's
biggest oil refinery
confronts serious challenges

Pedro M. Burelli:
U.S. - Venezuela relations

Latin America Energy
Advisor: Does Pemex’s
recent gulf oil discovery
herald a new era?

Mary Anastasia O'Grady
: Dancing with another dictatorship

IOA: Mexico’s round one
XXIV La Jolla conference report

Nick Cunningham:
Why the oil rally
may well be over

Gaurav Sharma: Discussing
OPEC's Iranian Oil Conundrum

Lisa Viscidi and Ramón Espinasa: Report on Latin American
crude oil exports and the battle for market share ?

James Saft: Petrobras'
remarkable 100-year bond

 




pdf/EIA_2015.pdf


EDITOR'S MAIL

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