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TOP NEWS


 

 

 

Petrobras profit beats
estimates on 1st q  

CARACAS
Petroleumworld.com, May 16, 2012

Petroleo Brasileiro SA (PETR4) , the world's biggest oil producer in deep waters, said first-quarter profit topped analysts' expectations because of increased revenue from crude exports and higher fuel prices. - story

Chevron gets some relief
from Ecuador lawsuit 

NEW YORK
Petroleumworld.com, May 16, 2012

Chevron Corp. (CVX) 's lawsuit claiming attorneys for Ecuadorean plaintiffs in a pollution case conspired to fabricate evidence was narrowed by a federal judge in New York. - story

 

Editorial Commentary

 

 

Oliver L Campbell : 
Accumulated Losses of PEMEX

 

 

Oliver L Campbell :
Mexico: the price of nationalism

 


 

Lagniappe

 

 

 

Raul Gallegos :Oil majors can
only admire Colombia's titan

 

 

The Post's View : Chavez's mysterious
ailment fuels a run on Venezuelan stocks


 

 

Editor's Mail


Skanga vs Arevenca


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: May 16, 2012 10:10 GMT

OPEC Basket:05/15 $108.70

Venezuela Basket*:05/11 $107.41

Mexico Basket: 05/15 $102.51

05/15 BRENT ICE: $112.24 WTI: $93.98

 05/:15 (Parallel Transf) BsF/US$:9.19 -BsF/€ 18.00

05/16:FX 1 Euro=$1.2699 US dollars 10:02 GMT

Closing daily prices / average weekly price*

WEEKS' HEADLINES

Fitch to rate PDVSA 'B+/RR4' proposed notes

  

CARACAS
Petroleumworld.com, May 15, 2012 - story

Two pre-season storms in
the Atlantic and Pacific oceans 

 

CARACAS
Petroleumworld.com, May 15, 2012 - story

PDVSA to offer $3 billion  in 23-year bonds

  

CARACAS
Petroleumworld.com, May 14, 2012 - story

Repsol with little chance to get pay for YPF

  

CARACAS
Petroleumworld.com, May 14, 2012 - story

Brazil: Chevron spill shows
drillers still trip in crises

 
Greenpeace activists protested outside
 Chevron's offices in Rio de Janeiro, Brazil.

RIO  DE JANEIRO
Petroleumworld.com, May 11, 2012 - story

PetroChina eye Valero Energy's
shuttered refinery in Aruba 


Valero Oil Refinery , San Nicolas Bay, Aruba

NEW YORK/HONG KONG
Petroleumworld.com, May 10, 2012 - story

Oil declines for Sixth Day, Saudi says
OPEC pumping enough for any event  

Bloomberg

Saudi Oil Minister Ali al-Naimi

TOKYO
Petroleumworld.com, May 9, 2012 - story

Norway is number one in
carbon capture technologies


Norwegian Prime Minister Jens Stoltenberg

MONGSTAD, Norway
Petroleumworld.com, May 9, 2012 - story

Miguel Galuccio  ex-Schlumberger
executive to run Argentina's YPF


Miguel Galuccio, new YPF CEO

RIO DE JANEIRO
Petroleumworld.com, May 8, 2012 - story

PDVSA bonds up on Chavez cancer fight

NEW YORK
Petroleumworld.com, May 8, 2012 - story

Blackstone forecasting an annual
drop in oil prices for the first time ever

Bloomberg/Jin Lee

Byron Wien, vice chairman of Blackstone Group LP's advisory group.

DUBAI/LONDON
Petroleumworld.com, May 4, 2012 - story

OPEC says is pumping hard
to bring down oil prices

PARIS
Petroleumworld.com, May 4, 2012 - story

Delta Airlines to buy Conoco refinery
for $180 million to lock in fuel

Bloomberg/Keyur Khamar

A Delta Air Lines Inc. Airbus A319 jet (N371NB)
at LaGuardia Airport in New York. Photographer: Keyur

ATLANTA/HOUSTON
Petroleumworld.com, May 3, 2012 - story

Bolivia seizure of main electricity
company deepens regional divide

Bloomberg/ Angel Navarrete


Red Electrica declined 2.7 percent to 32 euros as of 9:52a.m.
in Madrid, snapping two days of gains.

CARACAS/NEW YORK
Petroleumworld.com, May 3, 2012 - story

Pemex's crude production at
Cantarell field lowest in 22 years


Oil plataform Akal-J at Cantarell field 

MEXICO CITY
Petroleumworld.com, May 1, 2012 - story

OIL & GAS HEADLINES FROM:

Petroleumworld`s
Opinion Forum:
viewpoints on issues in energy, geopolitics and civilization

Sunday's
Opinion

Book Review
How ExxonMobil bent Washington to
its will- Steve Coll's "Private Empire"


Exxon Mobil , sales & taxes

By Moises Naim

“Private Empire ” is a big book about big oil, big money and big government. It chronicles how ExxonMobil — the energy behemoth that recently displaced Wal-Mart atop the Fortune 500 list , with more than $450 billion in revenue — operates in failed states, keeping the oil flowing when no one else can, and how it handles hapless bureaucrats charged with regulating it, scientists challenging it, rival companies trying to outsmart it and activists bent on changing it. -story - previous stories

Sunday's
Feature

Energy : Top 10 misguided  U.S.energy policies


seal(sel) n.something that closes security or tightly.

By Human Events

Taken individually, the items on this list are outrageous enough; but collectively, these ten examples show how the current administration puts America's energy needs behind the left's obsession with global warming alarmism. - story - previous stories

The Fraudulent Case Against 
Chevron in Ecuador

By The Amazon Post

Chevron has uncovered undeniable evidence of fraud by the Lago Agrio plaintiffs' representatives, much of which is captured on film and memorialized in their own correspondence.  In the process, Chevron has exposed the plaintiffs' lawyers' plot to intimidate judges, pressure scientific experts to “find contamination” where none existed, and ghostwrite supposedly independent damage reports as well as the ultimate $18 billion judgment itself. - story - previous stories

 

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The Brazilian
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Expo-Forum
Rio, May 15-16





13 - 14 June 2012, Hofburg Palace, Vienna, Austria





ONS 2012
Stavanger,Norway
29-31 Aug
See video
 

See video



A historical novel
by Gustavo Coronel



ISSUES...

Inside, confidential,
off the record


Con Man III: Arevenca, PDVSA,
et al.

Con Man II :
Skanga vs Arevenca

Nigeria 1,
Venezuela 0

France to the left


To read all ISSUES...
articles click on issues

LAGNIAPPE

Bloomberg: Chavez
exit won’t mean
Venezuela’s problems
out the door

Ivan Petrella :
Thirty Years Later:
The Importance
of the Malvinas

NYT : New rules
for new power plants

Peter Ferrara :
Obama's jokes
are on us

Kelly Hearn/WT :
Venezuelan oil
a risky investment
for China

Miguel Octavio : Why
does Investors bet
on Chavez: Big money
in Venezuelan bonds?


The Gas Industry
in Venezuela
by The National
Engineering Academy
(Spanish)



Petroleumworld
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Educación Continua






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SPECIAL

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Soberania.info
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