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


Headlines 2017 January/June

Headlines 2017 July/December

Headlines 2018 January-April

Headlines 2018 May - August



Monday, May 21 2018

Reuters -ConocoPhillips forze by Curacao's courts to partially release PDVSA fuel storage seize in Bonaire to local distributor

Reuters -Baker Hughes weekly count: U.S. oil rig count holds steady after six weeks of gains

Reuters -Argentine invites big oil companies to submit offshore proposals

Reuters -U.S. driven by self-interest in wanting to block Russia Nord Stream 2 pipeline -German minister

Jessica Resnick-Ault, Nick Brown/Reuters -Puerto Rico power grid braces for the coming hurricane season

TT Guardian - BpTT celebrates Brighter Prospects program in Trinidad & Tobago

Kaieter News -Guyana is key to Exxon's plan to double company earnings by 2025

Kaieter News -Guyanese business are hardly benefitting from oil development, need legislative protection for local content– Ramson

Kaieter News -ExxonMobil to verify local content claims before Guyana's Parliamentary Committee

Henning Gloystein -Oil prices rise Monday with global markets after China, US put trade war 'on hold'

Friday, May 18 2018

Reuters -Ecopetrol's colombian Transandino pipeline damaged in guerrilla attack

Reuters -Brazil transfer-of-rights deal to Petrobras should be reached next week - minister

John Kemp/Reuters -Rising crude oil prices herald next phase in cycle

David Alire Garcia/Reuters -Mexico making little progress on landmark energy reforms due to regulatory delays

Gabriela Baczynska/Reuters - Macron says EU firms will make their own call on Iran business

H. Gloystein and R. Jadhav/Reuters -Asia oil demand at record hit $1 trillion a year as crude rises to $80

James Pearson/Reuters -Rosneft Vietnam BV fears Beijing backlash over South China Sea drilling

Julien Neaves/TT Newsday -Trinidad & Tobago is not afraid of BP, Shell or BHP - Minister Khan

TT Guardian -Trinidad & Tobago Energy Minister shares plans to revamp extractive sector

Kevon Felmine/TT Guardian -Trinidad & Tobago no longer attractive, Petrochemical investments unlikely -CNC CEO

Henning Gloystein/Reuters -Oil prices firm Friday on OPEC cuts, strong demand and looming Iran sanctions


Thursday, May 17 2018

Reuters -Petrobras oil and gas output rises to 2.09 bpd in April

Reuters - Ecopetrol, Talisman to open 19 new wells at Colombian Akacias oilfield

Reuters -Brazil's Eletrobras' profit down 96 percent with losses on power distribution

Chen Aizhu /Reuters -Chinese oil buyers ask by Iran to maintain imports after U.S. sanctions

Clyde Russell /Reuters -LNG surplus evaporates, scramble for new projects looms

Luciano Costa/Reuters -China's power investment group SPIC seeks new Brazil targets after $2 billion deal

Rosemarie Sant/TT Guardian -Trinidad & Tobago, China in talks to build dry docking facility in La Brea

TT Guardian -Trinidad & Tobago Energy Minister shares plans to revamp extractive sector

Demerarawaves -World Bank to prepare Guyana for oil production, natural gas use

Kaieter News -BP must pay back Trinidad & Tobago $1B in outstanding taxes

Henning Gloystein/Reuters -Oil hits highest since Nov 2014 on Thursday, as Brent edges closer to $80

Wednesday, May 16 2018

Reuters -Mexico to create cyber security unit after banks hack -Central Bank

Reuters -Cuba could help broker gov't-opposition dialogue in Venezuela - EU

John Kemp/Reuters -Oil prices push boost U.S. economy

Reuters -Middle East is "explosive" France says, disagrees with U.S. policy

Reuters -Brazil gov to grant Petrobras 1-2 bln barrels of oil settlement -Valor

Alister Doyle /Reuters -Arctic oil "undrillable" amid global warming, urged to stop a - UN's ex-climate chief

Clyde Russell /Reuters -Green penny finally drops for Australia's oil and gas industry

Geisha Kowlessar/TT Guardian -Strategy of distraction on Trinidad & Tobago mid-year budget review by Minister Imbert

Demerarawaves -Guyana's Petroleum Commission bill to be revised with World Bank-guidelines

Abena Rockcliffe-Campbell/Kaieter News - ExxonMobil charging Guyana nine times more than its partner CNOOC/NEXEN for admin

Kaieter News -Guyana must decide on oil money, spend, save … absence of direction, rules can lead to chaos – Chatham House

Henning Gloystein/Reuters -Oil dips Wednesday on signs of ample supply despite OPEC cuts, Iran sanctions

Tuesday, May 15 2018

D. K. Kumar, L. George, F. Tan/Reuters - Investors see big oil moving up, but physical markets suggest caution

Reuters -'Lima Group' leaders urge Venezuela to suspend election

David French/Reuters -Valero Energy expands into South America with Peru biofuels deal

Reuters -EIA: U.S. shale output set to rise by 145,000 bpd in June

Reuters -Global oil supplies strong enough to cut Iran's exports -Trump memo

Lefteris Karagiannopoulos/Reuters -Swedish project of electrification of roads could slash cost of electric vehicles

John Kemp/Reuters -Hedge funds investors take profits after oil rally

Nadaleen Singh/TT Guardian - Trinidad & Tobago economy recovering but… experts concerned about challenges ahead

Abena Rockcliffe-Campbell/Kaieter News -ExxonMobil's claims US$2.1B in Guyana's proyect administrative costs in 2016 alone

Kaieter News -Guyana's Bureau of Standards to create certification programme for oil and gas sector

Henning Gloystein/Reuters -Oil markets firm Tuesday amid OPEC cuts, Iran sanctions

14 de mayo 2018

Marianna Parraga/Reuters -PDVSA cierra refinería Isla en Curazao por disputa con Conoco

Reuters -Frontera Energy gana 3,1 mln dlr en primer trimestre

Reuters -Brasil tiene como objetivo obtener unos 1.900 mln dlr en quinta ronda de subastas petrolera en presal

Reuters -Incertidumbre electoral arriesga recuperación económica en Latinoamérica - FMI

Reuters -Petroecuador reactivaría el sábado unidad de craqueo de Refinería Esmeraldas

Reuters -PDVSA minimiza presencia en Caribe, por medidas legales de Conoco

PW México -Riesgo país de México rompe racha alcista - SHPC

PW México -Cesta de Petróleo mexicano gana cierra el viernes en 63.76 dólares

PW México-Contrastan propuestas energéticas de Anaya con energías limpias y AMLO con nuevas refinerías

PW México -PEMEX Y gobierno de TLAXCALA reuerzan el combate a robo de combustible

Henning Gloystein/Reuters -Petróleo cae el lunes de máximos de años por aumento perforación EE.UU., oposición de EU a las sanciones a Irán.


Monday, May 14 2018

Sailu Urribarri/Reuters -Conoco has took over products stocks from PDVSA Isla refinery in Curacao

Reuters -Venezuela to seek extradition of oil businessmen, Roberto Rincon and Abraham Shiera, from U.S.

J. Renshaw and C. Prentice/Reuters -U.S. overhaul biofuel policy to include fewer refinery waivers - source

Reuters -Brazil eyes 6.8 bln reais in 5th round pre-salt oil auction

Reuters -Conoco authorized by Curacao court to seize $636 mln in Venezuela PDVSA assets

Marianna Parraga/Reuters -PDVSA to protect exports as Conoco seizures weigh

Reuters -Baker Hughes weekly report: U.S. drillers add oil rigs for sixth consecutive week

Reuters -PDVSA reduce its Caribbean activity as Conoco seizures weigh on operations

Reuters -France to argument against U.S. sanctions on Iran

Reuters -Glencore temporarily barred from S&P Global Platts' Singapore fuel oil pricing process

Suzanne Sheppard/TT Guardian -Moody's says Trinidad & Tobago outlook stable

Kaieter News -Oil companies should develop Guyana's local capacity for services needed now – Chatham House

Kaieter News -Exxon-Guyana agreement provides for renegotiation of terms for Associated Gas, no provision for disposal

Kaieter News -Ramboll US Corp. awarded $40M contract for Guyana's Esso Environmental Impact Assessment

Henning Gloystein/Reuters -Oil falls away from multi-year highs Monday, on surge in U.S. drilling, Iran sanctions opposition

Friday, May 11 2018

A. Ulmer and D. Buitrago/Reuters -Venezuela PDVSA suggests ready to pay after Conoco moves on its Caribbean assets

Sabina Zawadzki /Reuters -As Trinidad & Tobago LNG output grows, cargoes flow far afield

Alberto Alerigi/Reuters -Braskem to talk new naphtha contract with Petrobras - CEO

A. Lawler and R. El Gamal/Reuters -OPEC steady, no hurry to decide if extra oil needed to offset Iran

Bate Felix/Reuters -Total to buy 25 pct stake in Clean Energy Fuels Corp

J. Renshaw and D. K. Kumar/Reuters -East Coast refiners look to Texas crude for discounted oil

Reuters -Brazil's Santo Antonio hydroelectric dam asks court to suspend its debt payments

Shane Superville/Newsday - TT energy sector is ‘booming' remarks could mislead public -Ramnarine

Gail Alexander/TT Guardian -TT Economy turning around, Imbert paints brighter mid-year picture

A. Rockcliffe-Campbell/Kaieter News -Guyana's GRA Boss, Statia gets basket to fetch water… All variables in favour of oil companies – Ram notes

Henning Gloystein/Reuters -Oil dips Friday from recent highs on hopes of alternatives to Iran supply


Thursday, May 10 2018

Reuters -Mexico's Pemex oil reserves replacement rate inched up in 2017

Reuters -PDVSA sued by SNC-Lavalin for $25 mln in U.S. court over non-payment

Reuters -Shell to deliver Mexico's 6-cargo LNG demand requirement

Marianna Parraga/Reuters -International oil producers have shown interest in Argentina offshore auction, blocks being defined -Energy Min

John Kemp/Reuters -US-Iran sanctions spell the end of OPEC output deal

Reuters -New licensing round in mature offshore oil and gas areas of Norway

Reuters -Oil company Total to sell Haiti retail business to Bandari Corp

Richardson Dhalai/ TT Newsday -Trinidad & Tobago's energy landscape

Gail Alexander /TT Guardian -Trinidad & Tobago to shelve property tax as energy revenue rises

Demerarawaves -Guyana's with highest private sector bribery paid for services in the Caribbean - IDB survey

Kaieter News -Lack of framework for Guyana's oil and gas sector is cause for concern -People's Progressive Party

Henning Gloystein/Reuters -Oil prices hit highest in years on Thursday as markets adjust to looming sanctions on Iran

Wednesday, May 09 2018

Jarrett Renshaw/Reuters -U.S. may move to count ethanol exports toward biofuels quotas

Reuters -Petrobras sees $11 bln in cash flow from assets' sale this year

Marianna Parraga/Reuters -PDVSA stop Caribbean storage, diverts crude tanker from Curacao -shipper, data

Reuters -Neoenergia requests arbitration over Eletropaulo deal

Reuters -AES Gener announces $3 billion plan to restructure Chilean Alto Maipo hydro project

John Kemp/Reuters -Hedge funds on hold as oil prices hit multi-year highs

Reuters -Petrobras 1st quarter profit boost by asset sales

Marianna Parraga and Gary McWilliams/Reuters -ConocoPhillips want to seize PDVSA oil inventories in Curacao

Reuters -Canadian mining firm Rusoro seeks to seize Venezuela's Citgo assets

Gail Alexander/TT Guardian -No gasoline hike coming for Trinidad & Tobago—Imbert

Kaieter News -ExxonMobil bypasses Guyana's local firms, awards brokerage services to Trinidadian firm

Kaieter News -Guyana accept double tax exemptions for oil and mining companies

Christopher Johnson/Reuters - Oil jumps Tuesday to highest since 2014 after U.S. quits Iran deal

Tuesday, May 08 2018

Rodrigo Campos/Reuters -Argentina rate hike hold peso bleeding but remains vulnerable to capital flows

Reuters -Mexican populist maintaining lead in presidential race: poll

Roberta Rampton and Alexandra Ulmer/Reuters -Venezuela gets more sanctions by U.S., Pence calls for more action

Reuters -Odebrecht construction unit working for $3.6 bln in new contracts

Marianna Parraga and Deisy Buitrago/Reuters -Conoco eyes to take over Venezuelan PDVSA's Caribbean assets

Clint Chan Tack / TT Newsday -Former trinidad & tobago ministers sceptical on mid-year review

Geisha Kowlessar/TT Guardian -Eximbank's Forex Facility opens in Port Spain

Kaieter News -Guyana lack specialists lawyers in oil and gas and other areas – Caricom's study

Kaieter News -Guyana's Cost Recovery Committee is yet to be appointed to audit ExxonMobil's exploration and development costs

Barbara Kollmeyer/MarketWatch -Oil prices keep slipping Tuesday ahead of Trump's Iran decision

Monday, May 07 2018

Reuters -PDVSA's General Quevedo ratified as CEO, Simon Zerpa sanctioned by U.S., back as external director

Reuters -Petrobras's BR Distribuidora 1st-qtr profit misses estimates

Reuters -Energisa withdraws offer to buy Eletropaulo shares

Scott DiSavino/Reuters -Baker Hughes weekly report: U.S. drillers add oil rigs for fifth straight week

Reuters -Brazil energy policy council CNPE proposes Sept. 28 for 5th pre-salt oil auction

Reuters -Ecopetrol boosts output to make up for protest-caused Q1 drop

Reuters -Petrobras moves into binding phase of Pasadena Tx. refinery sale

Reuters -Petrobras concludes $1.4 bln bond buyback

H. Gloystein and O. Vukmanovic/Reuters -LNG prices firm as fundamentals tighten, amid support from strong oil, coal markets

Azard Ali/TT Newsday -Petrotrin buying ‘questionable' gas - audits

Radhica Sookraj/TT Guardian -Petrotrin Chairman mum on energy company audit reports

Abena Rockcliffe-Campbell/Kaieter News -Guyana agrees to pay ExxonMobil's tax out of nation's share of profit oil -IMF

Kiana Wilburg/Kaieter News -Chatham House advises Guyana on renegotiation, periodic review clauses in all Oil contracts

Kaieter News -Commonwealth recognizes Guyana's push for system to fight corruption in the new oil industry

Henning Gloystein -Oil prices reach highest since November 2014 Monday on Venezuela, Iran worries


Friday, May 04 2018

Jessica Resnick-Ault/Reuters -Oil hits highest since Nov. 2014 on Friday as Iran tensions mount

C. Mandl and T. Bautzer /Reuters - Petrobras and Engie to enter exclusive talks for Brazil TAG pipeline network -sources

John Kemp/Reuters -S. Arabia wants higher prices to kick oil addiction

Reuters -Tender for Eletropaulo delayed until June 4 - CVM

Reuters -Brazilian top banks, funds join collective arbitration against Petrobras

Isabelle Gerretsen/Thomson Reuters Foundation -Nigeria turns to renewable energy as population booms

Reuters -S. Arabia raises June Arab Light crude price to Asia to near 4-yr high

Azard Ali/TT Newsday - Second A&V audit is review by TT Energy Ministry

Gail Alexander/TT Guardian - United Nations team to visit T&T over Venezuelan refugees

Kaieter News -European Union hosted meeting promoting Guyana - European business relations

Kaieter News -Concessions for oil companies should be dictated by law not Guyana's Government discretion - Dr. David Hinds

M. Meng and H. Gloystein/Reuters -Oil prices inch up Friday on Iran sanction worries


Thursday, May 03 2018

Christine Murray/Reuters -Mexico leftist's wide lead narrows, 2nd place Ricardo Anaya up 5 pct as election nears

Reuters -IMF issued a “censure” Venezuela over lack of economic data

Reuters -Peru proposal for petrochemical plant project revived by new prime minister

Jarrett Renshaw/Reuters -White House sets meeting on biofuels with senators next week

John Kemp/Reuters -Demand destruction back on the agenda

Huizhong Wu/Thomson Reuters Foundation - Smoke to ink? Indian inventors try a novel approach to tame air pollution

TT Guardian -Claire Fitzpatrick new head of bpTT

Rosemarie Sant/TT Guardian - TT Energy Ministry staff gets memo on gas data

Demerarawaves -U.S. PriceSmart to set up shop in Guyana due to expected economic oil boom

Kaieter News -Oil companies often misallocate operating and capital costs – Transparency organization PWYP

Henning Gloystein/Reuters -Oil prices fall Thursday on rising U.S. crude inventories, record production


Wednesday, May 02 2018

Jarrett Renshaw/Reuters - The biofuel group ABFA asks U.S. court to review EPA's refinery waivers

Ann Saphir/Reuters -Oil prices send West Texas oil patch into a boom, but with lifts wages, inflation arrive

D. Shepardson and V. Volcovici/Reuters -Trump administration gets sue by 17 U.S. states over vehicle emissions

Reuters -Israeli information on Iran could underscore need for long-term assurances - France

Reuters -U.S. second most attractive renewables market after China-report

J. M.Yu and B. Blanchard/Reuters -For $3 bln package Dominican Republic switched alliances from Taiwan to China

TT Guardian - Oil spill at offshore Trinidad Soldado fields

Demeraraweaves - Guyana is “tired” of exporting raw materials instead of value-added products - President David Granger

Kaieter News -Guyana should audit all bills received from oil companies - PWYP Int'l team

Kaieter News -Great risk lies in accurately assessing true market value of Guyana's oil – Guyana Revenue Authority

Henning Gloystein/Reuters -Oil rises Wednesday on Iran sanction worries, but surging U.S. supplies cap market

Tuesday, May 01 2018

Corina Pons and Paul Kilby / Reuters -PDVSA begins interest payments on 2020 bond

Marc Frank/Reuters -Total, Germany's Siemens hope to sign Cuban LNG power plant soon

Sebastian Rodriguez/Thomson Reuters Foundation -Costa Rica's new president committed to a clean energy transport plan

Reuters -Petrobras reaches debt deal with Eletrobras, aiding privatization process

Laura Blewitt/Bloomberg -Marathon ready to supply Mexico fuel market from both coasts -Video

John Kemp/Reuters -Funds traders trim positions in crude but boost fuels

Reuters -New bunker and marine gasoil metering system to be lauched by ExxonMobil on July 1st

Clyde Russell/Reuters -Fuel subsidies could hasten Asian crude demand destruction

Reuters -Pemex security worker killed in attack in Tamaulipas, northern Mexico

Sascha Wilson/TT Guardian -T&T too stingy, venezuelans and all refugees should be welcomed

Demerarawaves -Guyana government iniciated training in oil-spill response

Kaieter News -Guyana needs to be vigilante from excessive debt financing from oil companies - GRA commissioner

Kaieter News-Guyana ministerial team visits ExxonMobil Noble Bob Douglas drillship

Osamu Tsukimori/Reuters -Oil extends gains Tuesday, buoyed by Iran sanction worries










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