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Petroleumworld Headlines News 2017
Stories are not allways available on the Petroleumworld site after 90 days.



Thursday, February 16, 2016

Oil and gas output in Peru up 19.52% in January 2017

Venezuela should allow Leopoldo Lopez, a political prisoner out of prison immediately-Trump

Mexico's Alfa preformance due to low prices force selling oil assets, halting energy Spending

Petrobras reached a new records from pres-salt

Crude and gasoline stockpiles in the U.S. hit record highs - EIA

Latin America's is hot and cities sweat over health risks from urban heat

Total reasons for delaying gas field development deal "unacceptable" to Tehran

Oil dips on Wednesday over doubts that high OPEC compliance with announced cuts will last

70 bln yen bond in sale of first bond issue of Tepco since Fukushima

Go green, G20 urged to ditch fossil fuel subsidies by 2020

Wednesday, February 15, 2016

President Santos promises higher growth in final colombian economic plan

Chile's SMA, eyes refinery sanction over environmental failures

NuGen says Toshiba committed to UK nuclear project

Bangladesh to put cheap solar ambulances on service in rural areas

LNG from Shell Pavilion to Singapore in 2017

Dam in california on a rush fix before new storms hit

Oil rises Tuesday on OPEC-led cuts, but market remains range-bound

Odebrecht offices in Venezuela raid by prosecutors in bribe probe

No Odebrecht bribes for colombian president's campaign : accused senator

Labeled drug "kingpin by the U.S., El Aissami Venezuela's vice president slams U.S. 'aggression'

Tuesday, February 14, 2016

EIA:U.S. shale oil output to rise in March to highest in 10 mths

Tribes denied request to block completion of Dakota pipeline

Brazilian president denies shielding ally from corruption case

DuPont to pay $670.7 million to settle lawsuits over Teflon-making chemical leak

Enarsa awards most of Argentina LNG tender to Trafigura

Immediate evacuation nearly 200,000 people due to crumbling California dam spillway

Kuwait's KPC to spend $114.8 billion dollars on oil projects in 5 years

Saudi Aramco to send crude to China's Huajin

China to take radical steps targeting metals, coal in war on smog

Crude prices Monday dip as markets remain bloated despite OPEC-led cuts

Monday, February 13, 2016

China's construction Sinohydro wants Odebrecht stake in Colombia river project

Colombian send prosecutors to Brazil on Odebrecht corruption investigation

Mexico's Lopez Obrador a populist politician softens tone in bid for presidency

Restoring Latin America's cloud forests boost hydropower?

Oil up Friday on widespread OPEC deal compliance, U.S. rig count rises

Brazil's billionaire Batista to stand trial on corruption charges

Panama paper's Mossack & Fonseca founders held on corruption charges

Toshiba to unveil nuclear hole, expected to outline charges, future of nuclear business

Kemp: Brent spreads imply big draw down in crude stocks after June

Oil drillers in the U.S. add oil rigs for 14th week in 15 -Baker Hughes


Thursday, February 09, 2016

10 mln barrels of SPR oil to be sold in Feb

India could offer Tesla's electric cars this summer

Iran's readiness for dialogue with Gulf is welcome by Kuwait

Eni CEO Descalzi to be sent to trial over Nigeria asked by Italy prosecutors

Anders Runevad Vestas CEO says U.S. wind market becoming more competitive

Angolan guerrilla call on oil region to boycott parlamentary election

Barry Larson appointed new Pacific E&P CEO

Oil prices down Wednesday on swollen, US fuel inventories, stagnating China demand

Venezuelan eyes $1 bln 'repo' deal with Nomura -source

Investigation of Odebrecht role in 2014 elections is called by Colombia's President

Wednesday, February 08, 2016

Colombia's Gran Tierra Energy to sale Brazilian assets to Maha Energy AB

Statoil's to continue drilling offshore U.S., Russia

Money managers investing in Brent and WTI futures due to U.S. tax reform

BP reports lowest annual profit in at least a decade

Statoil Q4 net operating loss $1.9 bln vs forecast $2.1 bln profit

India's state oil companies merger to consolidate oil & gas sector and gain efficiency-Fitch

Mercosur trade block to engage in closer trade with Mexico in Trump era

Ex-PDVSA port boss to be charge over alleged corruption

Odebrecht allegedly finance colombian president Santos's election campaign

Oil continue losses on Tuesday after API reports huge U.S. crude build

Tuesday, February 07, 2016

For Mexico, US could become the new Russia on energy security-Bordoff & Boersma

John Kemp: Oil becoming a crowded trade as hedge funds pile in

Libya extended major oil deal with Glencore - sources

U.S. president Trump agrees to meet NATO leaders in Europe in May

Brazil's Temer planning a visit to Russia in 2017

JA Solar manufacturer of solar power products to get credit insurance from China's SINOSURE

Russian Ilyushin Il-76 plane to help extinguish wildfires in Chile until situation stabilizes

OPEC quotas were discuss by Russia and Venezuela energy and oil ministers

Russia and Venezuela foreign ministers to meet on oil

Latam resilience tested by recession, disasters and Trump

Monday, February 06, 2016

Latam resilience tested by recession, disasters and Trump

BP aiming for 20% global growth from Trinidad & Tobago

World's oil not leaving the scene anytime soon

No changes in gasoline prices in Mexico between Feb. 4-17

Guyana's Exxon Mobil oil output may surpass T&T's

Lyondell, blow sale on discrepancies on value of Houston refinery -CEO

Mexico LatAm's most attractive oil and gas market -survey

Oil prices higher Friday on Iran sanctions, jobs data

U.S. border tax design changes to accommodate industries

Brazil's state-run oil company Petrobras denies challenging Braskem accord in U.S. courts

Peru open inmigration to thousands of crisis-weary Venezuelans

Friday, February 03, 2016

Peru open inmigration to thousands of crisis-weary Venezuelans

Brazil's oil output reaches record at 2.73 mln barrels/day and 111.8 million cubic meters/day

Engevix in talks to sell Brazil's Sao Roque hydroelectric dam

Nigeria crack down on bush refineries in swamps of Niger Delta get response from locals

Brazil's Petrobras undecided over outright sale of refining assets

Mexican officials try to find common ground with U.S. on securit

Mitsubishi expects ruling on San Onofre nuclear plant claim by end March-CEO

Cheaper renewables to halt coal and oil demand growth from 2020 - Imperial College

Venezuela's PDVSA default probable: Fitch

Saudi Arabia return as the swing producer in oil

OPEC, Russia protect their Asia market share from oil supply cuts

Thursday, February 02, 2016

OPEC, Russia protect their Asia market share from oil supply cuts

U.S. - Mexico meet in Mexico, discuss security -sources

India plans a national state oil company to take on global rivals

Lundin sees output more than doubling next decade

U.S. oilcos invest in Permian Basin as the epicenter for the U.S. shale as oil recovers

Dakota Access pipeline moving foward

Easement of Dakota Access Pipeline to be given by U.S.Army Corps of Engineers

Oil down on Wednesday as supplies remain plentiful amid OPEC-led cuts

Fire in France's Cattenom nuclear plant, contained at building-EDF

Senex Energy lines up U.S. partner to fund Australia gas project

Advisory EY hints recovery after slump in energy deals


Wednesday, February 01, 2016

Petrobras shareholders approve Liquigas sale for $816 mln

Brazil state of Minas Gerais says no sale of Cemig

Rosneft starts drilling with Statoil for hard-to-extract oil in Russia

Republicans take aim to kill Obama-era regulations

PDVSA pay India ONGC Videsh 1st installment of $19 mln

Tuesday, January 30, 2016

The Petroleum Services Association of Canada boosts Canadian oil well drilling forecast

SEC's 'resource extraction' rule could be scrap

Nigeria's Trans Forcados oil pipeline restart seen "towards end of Q2"

Electricity consumption in Brazil fell 0.9 pct in 2016-EPE

Energy pipelines in investor favor after Trump support

MGX Minerals hunts battery lithium in Latam oilfields

Possible nuclear fuel debris found below Fukushima reactor

Oil on decline as rising U.S. output weighs

PDVSA with new board and more control by Venezuela's president

Tillerson's nomination as Secretary of State advances in the U.S. Senate


Monday, January 30, 2016

Saudi Aramco's 265 billion barrels oil reserves confirmed by external audit

Braskem buys Cetrel an Odebrecht environmental services firm in Brazil

Taxes ideas at the border roil oil markets, favor Gulf Coast

New "green" synthetic fertilizer could contribute to food revolution

Algeria number one gas supplier to Spain in 2016

Venezuela names new board of directors at PDVSA, Del Pino remains CEO

Grana y Montero losses $39.4 mln in Q4 on Odebrecht project

Chrysaor to get Shell assets in North Sea for $3 bln

Saudi Aramco selects two U.S. firms to audit its reserves - sources

A capitulation to markets. OPEC compliance rate of about 80 percent.


Friday, January 27, 2016

Guyana Oil Discovery: Decision time

A 'Canada First' energy plan with XL Keystone pipeline?

Brasilian government will revise tariffs for Eletrobras distribution units only after sale

Saudi Aramco hires Gaffney, Cline & Associates, to certify its oil reserves before IPO

Only higher oil prices will spur int'l spending-Baker Hughes

Petrobras reduces diesel and gasoline prices at refineries

PetroChina goal to meet a third of China's shale gas target by 2020

Texas oil industry first growth in 2 years

Kemp: Trump probably can't require pipelines to use U.S. steel

Peru sees slow down in growth for 2017 on 'Odebrecht effect'

Thursday, January 26, 2016

Trinidad's energy industry adapt or die- BP Norman Christie

Second power link with UK-France a go, despite Brexit

Highlights of the day for U.S. President Donald Trump's administration on Wednesday

Nikkei: Plans to remove nuclear fuel at Fukushima delayed again

Environmentalist name to board of directors of Exxon Mobil

Trump seeks to muzzle U.S. agency employees

Oil prices and spreads to define shale revival: Kemp

XL Keystone pipeline face high legal hurdles challenging Trump

ExxonMobil to continue drilling offshore Guyana; to shift support from Trinidad's

Mexico's biggest cash source is under threat from Trump

Wednesday, January 25, 2016

Mexico's biggest cash source is under threat from Trump

Renewable fuels industry sees no big change to EPA blending rules under Trump

Brazil: Mechanical failure rule out in judge's plane crash

Petrobras says investors are suing its subsidiaries in Netherlands

Tribes vow to battle Trump's 'poor decision' to revive pipeline

IEA Executive Director and OPEC Secretary General to Deliver Remarks at CERAWeek 2017

Louisiana's local governments, sue oil industry to fight costal damage

Oil and gas charts on Mexico

Scotland moves away form North seal oil, eyes 50% renewable energy by 2030

Undertanding Donald Trump's plans for oil drilling, federal lands and clean energy

Petrobras boosts bond buyback offer to $6 bln


Tuesday, January 24, 2016

Odebrecht seeks tougher compliance, family exit from board in overhaul

French's renewable energy Voltalia satrs construction of solar PV plant in Brazil

U.S. shale oil and gas back to life: Kemp

Argentina hopes to keep trade deal with US

Oil up after producer meeting, but high U.S. output weighs

Trump to renegotiating NAFTA pact soon with Mexico, Canada

Trump's new EPA transition team draws from energy industry and think tanks

200,000 liters of crude oil spills on Canada's aboriginal land

Former Sinopec president gets life term in prison

Oil prices up as OPEC output reduction drain inventories

Monday, January 23, 2016

Oil prices up as OPEC output reduction drain inventories

Mexico president and Trump talked by phone, agree to meet

Next OPEC, non-OPEC monitoring committee meeting after March 17 -Kuwait

Saudi Aramco operating 220 rigs-energy minister

OPEC and non-OPEC oil cuts a success - Ministers committee meeting

Colombia's Cano-Limon oil pipeline attacked by guerrillas, pumping halted

U.S. exports fill LNG soaring demand from Pakistan, China tightens Asia's LNG market

Odebrecht says waiting for government to end contract

Baker Hughes : U.S. drillers add the most oil rigs

Quick action Trump could take on energy, environment and climate

Hardline party Volutad Popular (Popular Will) on front line of Venezuelan political war


Friday, January 20, 2016

Mexico's natural gas plans expected to drive demand for U.S. imports

Mexico's Amatitlan Block to be develop by Renaissance Oil and Lukoil

Vatican pulls out of Venezuela dialogue it sponsored due to government failure to honor commitments

Union accepts Petrobras' collective wage deal

Brazil judge handling Petrobras graft probe killed in plane crash

Chile plans energy exports to Argentina

China jails former Petrochina vice chairman for 15 years for graft

LNG supply buffer to have ‘positive' impact on global gas security

2017 to bring peak in first wave of US ethane cracker construction

U.S. Army to begin Dakota pipeline Environmental study


Thursday, January 19, 2016

Petrobras to appeal court ruling on Libra off-shore oil field

Russians full of optimism in Davos, oil and Trump the topics

Petrobras Reduc refinery hit by fire; production impacted

Approval rating for Mexican president hits record low after fuel hikes

Operations at Venezuela PDVSA Jose oil terminal 'recovered' after oil spill

Norways' OKEA to increase stake in Yme field after Repsol summit development plan

Baker Hughes and Schlumberger selected for contracts on drilling and well services by Statoil

ABB sees 2017 an energy market under uncertainty

Odebrecht settling bribe cases in 12 countries

Ryan Zinke, Trump Interior nominee would consider more drilling on federal land


Wednesday, January 18, 2016

Petrobras says raises $4 billion in international bond issue

Davos: Oil majors, car makers committed to hydrogen technology to minimized CO2

Canadian energy industry at bigger risk from cyber, bomb attacks -Security Intelligence Service (CSIS)

Pemex imports first diesel cargo via train from U.S.

Output for Shale oil set to rise in February as prices rise

Operations at Venezuela's PDVSA Jose main oil terminal halted by crude spill

China to further open economy to foreign investment

Global ship insurers to resume near full coverage for Iran oil

John Kemp: U.S. oil and gas industry has turned the corner

Pertamina to import 4 mln bbls per mth of RON 88 in early 2017


Tuesday, January 17, 2016

Saudi commitment to cut set oil prices up on; U.S. output seen rising

Fuel gas sales in Brazil fall for 2nd consecutive year in 2016

Noble Energy to pay $2.7 bln to buy Clayton Williams Energy

Saudi foreign minister says interests aligned with U.S.

Bolivian, Argentina state-run oil companies sign joint venture to explore in Bolivia's Charagua area

John Kemp: Oil prices stall as hedge funds stop adding to longs

U.S. Vice President says world must stand against Russian aggression, calls for sanctions

Aggreko wins extensions on Argentina contracts

Russian oil production averaged 11.1 mln bpd from Jan. 1-15

Platts with a new Middle East LNG price marker as region's demand grows

Monday, January 16, 2016

John Kemp: Volatility and cyclicality in oil prices - will this time be different?

OPEC Mohammed Barkindo confident in members commitment

Baker Hughes Data: Canadian drillers add most oil rigs in two years

PHMSA U.S. pipeline regulator completes rule to boost safety standards

Mexicans fear higher food prices to follow gasoline hike

U.S. State Department nominee Rex Tillerson fights climate deposition

Mexico's Tula crude refinery hit by energy outage

Accident Pemex refinery kills worker, output not affected

Mexico names trade expert as new U.S. ambassador

Colombian ex-senator arrests in Odebrecht corruption scandal


Friday, January 13, 2016

PRI Radio: Venezuela's military has turned its food crisis into a 'racket.' And it's profiting from people going hungry

Pemex's refinery accident kills worker, output not affected

U.S. East Coast refiners focusing on Algerian crude

AltaGas in merger talks with Washington Gas's WGL Holdings

Grana y Montero in stock crisis, says Odebrecht partnership a 'mistake'

Norway oil and gas forecasts raise production

Norsk Hydro in deal with brazilian state of Para and Shell to use LNG at Alunorte alumina refinery

China's total oil refining capacity will rise 4.6 pct in 2017

Saudi Arabia keeps most oil exports to Asia in Feb steady; cuts India, Malaysia

U.S. state judge requires Exxon to hand over climate documents

Venezuela's exports of crude oil fall to 25 years low


Thursday, January 12, 2016

Venezuela's exports of crude oil fall to 25 years low

New offshore Guyana oil discoveries announced by ExxonMobil

Exports from North Sea, Azerbaijan to Asia hit record in January

Carnegie Clean Energy sees rapid growth in revenue from solar power

Saudi Arabia cuts Feb crude supply to 1 Asia buyer slightly

India's gasoline thirst shows no sign of being slaked: John Kemp

WoodMac : New oil projects to double in 2017

Pemex says new procurement rules aimed at combating graft

Le Creusot parts irregularities no cause for reactor shutdowns: Areva

China crude demand to rise 3.4 pct y/y to record ~12 mil bpd

Nigeria oil workers union suspends three-day nationwide strike after talks

Wednesday, January 11 , 2016

Tillerson to answer for Trump, big oil, even Putin in hearing

Kemp: Will hedge funds full invest in oil or not?

Wisconsin Native American tribe votes against renewing Enbridge pipeline agreements

Oil markets in a battle between Saudi led supply cuts, rising output elsewhere

UK PM May admits “hard Brexit”: leaving EU does not mean retaining bits of membership

Canada's Energy East pipeline review process faces legal challenge

PDVSA firm spurs two more guilty pleas in U.S. corruption probe

GTM buys Brazilian chemical distributor for $172 mln

Nigeria oil workers go on strike at crude flow station in Niger Delta

U.S. lists 17 nuclear reactors with parts from Areva SA's Le Creusot forge under probe


Tuesday, January 10, 2016

Brazilian businesses head to Paraguay

U.S. to sell 8 mln bbls of SPR crude oil reserves

Mexican Cemex increases price offer for Trnidad's TCL cement takeover

Russian to gain Europe LNG market share, exports hit record

China to begin financing Brazilian projects with joint fund of $20 billion by March

Petrobras breaks drought in LatAm market

Argentina to eliminate 15-year-old duty on oil exports

Peru would retain Odebrecht's money on pipeline sale

Mexico announced a lid on gas prices to contain protests mounts over fuel hike

Venezuela opposition-led Congress declared Maduro 'abandoned post'


Monday, Jan 9, 2016

US Energy Secretary Ernest Moniz in Mexico to sign framework on electricity grid

Mexico's Peso resumes rally after Central bank intervenes

Saudis said to favor Light Crude to top rivals

Payrolls, another Milestone for Oil. Thanks, OPEC

European gasoline arbitrage to U.S. East Coast an opportunity, freight rates a limit

Former debt pariah Argentina to join PMorgan's index

Canadian energy debt issuance lead by pipeline as Producers bid time

Odebrecht should pay at least $26.7 million to Peru in bribe case

Brazil's Petrobras and others deals may slow this year because of stricter due diligence

Slim's Cisca, Spain's Acciona, Mexican ICA and others won terminal of new Mexico City airport


Friday , Jan 6, 2016

Statoil could stop exploring in the U.S. Gulf of Mexico

U.S. from energy importer to exporter by 2026

Eletrobras in talks with China's Shangai Electric

Petrobras increases diesel prices by 6.1 pct on average

Fire in oil platform in Gulf of Mexico was extinguished, no injuries

Argentina ends currency rule, move caps yearlong effort by Macri to boost direct investment

Obama's show in Latin America pure symbolism

Mexico gas hike looting has been reported since Tuesday night in 7 states

Venezuela next big debt payment due in April

OPEC oil fell 300.000 bd in December, Nigeria pumped 12% less amid strike

Thursday, Jan 5, 2016

Venezuela names Ramon Lobo, economy czar, Nelson Martinez, oil minister in cabinet shuffle

Oil rises 2 pct, API says crude stockpiles fell 7.4 mln barrels last week

Mexico gasolinazo gas price hike is a 'responsible' measure - Enrique Pena Nieto

Russia's Rosneft closes privatisation deal with Qatar and Glencore

France nuclear group Areva will get support from whoever wins presidency

Angola LNG export plant resumes production after December shutdown

Statoil plans to drilling in 11 countries on five continents in 2017 - story

Aggreko selected to provided temporary power at the 2018 Winter Olympics

GeoPark oil reports success with drilling in Colombia - story

Mexico's warned of risks from U.S. tax cuts under Trump administration









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