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

 

Headlines 2017 Jan - Jun

Headlines 2017 Jul - Dec

Headlines 2018 Jan -Apr

Headdlines 2018 May - Aug

Headlines 2018 Sep - Dec

 

 

Headlines 2019 Jan - May

 

Reuters - Ecopetrol says exports to the U.S. up on Venezuela, higher output

Newsdesk-Venezuela / Platts - PDVSA offers 6.4 million barrels of discounted crude to spot market

Pietro D. Pitts / Platts - Colombia expected to sharply increase LNG imports if domestic production does not grow

Charles Newbery / Platts - Argentina's Oldelval to expand oil pipeline capacity as shale output rises

Daniel Rodriguez / Platts - Brazil's domestic natural gas market not benefiting from subsalt bonanza

Daniel Rodriguez / Platts - Growing upstream maintenance spending hitting Pemex's ability to develop new fields

Chris Kraul / Platts - Ecuador's crude oil production, exports climb in March

Platts - Venezuela's Orinoco Belt crude production falls to 169,800 b/d

Argus - Mexico revives Central America gas and power plan

Argus - Petrobras claims TOR assets, clears $9bn adjustment

Argus - PDVSA tanker forced to deliver fuel to Cuba

Argus -Venezuelan crude production sinks to 500,000 b/d

 

 

 

R. El Gamal, B. Sharafedin / Reuters -Saudi oil tankers among those attacked off UAE amid Iran tensions

Marta Nogueira / Reuters - Petrobras not planning additional refining divestments

Daniel Rodriguez / Platts - Pemex could add 400,000 b/d of production with new fiscal relief decree

Daniel Rodriguez / Platts - Chevron to drill a wildcat in Mexico's Cuenca Salina Basin in 2021

Charles Newbery / Platts - Argentina's YPF shifts focus to shale oil to reverse overall production decline

Daniel Rodriguez / Platts - Pemex refocusing deepwater strategy, might ask for rights over Pit-Kayab fields

Argus - TT Atlantic LNG close to mothballing Train 1 with 20pc of capacity

Argus - PDVSA refineries below 10pc nameplate

Argus - PDVSA halts upgraders heavy oil production, plots shift to blending

Argus - Guyana politics could upend oil contract terms

Argus - Marine fuel rule could wreck demand for Mexican 'resid'

Argus - Ecopetrol studying price hedge, fuel tax cut

Noah Browning / Reuters - Oil prices rise Tuesday, gains tempered by U.S.-China trade tensions

 

Mircely Guanipa / Reuters - Two of Venezuela's four crude upgraders still shuttered after blackout

Marieke Alsguth / Platts - Panama Canal Authority to tighten draft restriction to 43 feet

Jeff Fick / Platts - Petrobras to sell stake in Argentinian natural gas processing unit MEGA

Daniel Rodriguez / Platts - Petrobras expects Brazil's deepwater pre-salt play to remain competitive to shale

Argus - Shell boosts drilling at Brazil heavy oil cluster

Argus - Curacao obtains US waiver for PDVSA run Isla refinery

Argus - Peru gives Tullow Oil another shot at exploration

Argus - Venezuela military split, Guaido calls labor strike

Argus - Venezuelan crude flowed to US in February

Argus - ConocoPhillips says PDVSA is complying with payment

Argus - Pemex's trims 2019 crude target to 1.725mn b/d

Henning Gloystein / Reuters - Oil mixed Tuesday as U.S.-China trade war drags on prices, while sanctions keep markets tense

 

 

 

Myra P. Saefong / Marketwatch - Oil ends nearly 3% lower Friday as traders react to Trump's plea to OPEC for cheaper crude

Tarmo Virki / Reuters - Venezuela oil sanctions hit Finland's biofuel Neste

Daniel Rodriguez / Platts - Mexico is unlikely to replace Venezuelan, Iranian heavy crude barrels: analysts

Charles Newbery / Platts - Bolivia eyes exporting LNG through Argentina, importing crude from its neighbor

Simon Casey and Kevin Crowley / Bloomberg - Occidental's $38 Billion Anadarko offer starts Permian fight

Charles Newbery / Platts -Argentina's financial wobbles keep juniors out of Vaca Muerta

Charlie Uribe / Platts - Pemex to carry out Q3 turnaround at Cangrejera complex

Argus - Venezuela struggling to restore thermal power units

Argus - Peru cuts gas reserves, CNPC block on hold

Argus - Bolivia talks up exploration success

Argus - Citgo share fight continues in US appellate court

Henning Gloystein / Reuters - Oil dips Friday but set for longest run of weekly gains in years in tense market

 

 

Petrobras to sell 8 refineries, gas station chain

Paulo Whitaker / Reuters

The logo of Brazil's state-run Petrobras oil company is seen on a tank in at Petrobras Paulinia refinery in Paulinia,
Brazil July 1, 2017.

By Marcelo Teixeira/ Reuters

SAO PAULO
Petroleumworld 04 29 2019

Anadarko to pursue deal talks with Occidental Petroleum

Los Angeles Times

Occidental Petroleum Corp (OXY) is located in Houston - Texas.

By David French, Carl O'Donnell / Reuters

SAO PAULO
Petroleumworld 04 29 2019

 

Myra P. Saefong / Marketwatch - Oil ends nearly 3% lower Friday as traders
react to Trump's plea to OPEC for cheaper crude

Tarmo Virki / Reuters - Venezuela oil sanctions hit Finland's biofuel Neste

Daniel Rodriguez / Platts - Mexico is unlikely to replace Venezuelan, Iranian heavy crude barrels: analysts

Charles Newbery / Platts - Bolivia eyes exporting LNG through Argentina, importing crude from its neighbor

Simon Casey and Kevin Crowley / Bloomberg - Occidental's $38 Billion Anadarko offer starts Permian fight

Charles Newbery / Platts -Argentina's financial wobbles keep juniors out of Vaca Muerta

Charlie Uribe / Platts - Pemex to carry out Q3 turnaround at Cangrejera complex

Argus - Venezuela struggling to restore thermal power units

Argus - Peru cuts gas reserves, CNPC block on hold

Argus - Bolivia talks up exploration success

Argus - Citgo share fight continues in US appellate court

Henning Gloystein / Reuters - Oil dips Friday but set for longest run of weekly gains in years in tense market

 

 

 

Reuters - Brazil's Bolsonaro wants U.S. to join development plan for the Amazon

Roberta Rampton / Reuters - U.S., Brazilian vice presidents discuss Venezuela pressure at White House

J. Robinson, John Hilfiker / Platts -Kinder Morgan wins nod on crossborder gas pipeline expansion to Mexico

Brian Scheid / Platts - Argentina sees steady growth in light crude exports from Vaca Muerta

Brian Scheid / Platts - US to sanction vessels, companies that move crude between Venezuela and Cuba

Meghan Gordon / Platts - Guaido lawyers move to halt US court battle targeting Citgo assets

Charles Newbery / Platts - Phoenix receives first unconventional oil, gas license in Argentina's Mendoza

Argus - US targets Cuba for propping up Maduro

Argus - Delays grow for Mexico's trucked fuel imports

Argus - Turkish ship company is transporting Venezuelan crude

Argus - Brazil's FS Bioenergia dives deeper into corn ethanol

Argus - Q&A: Mexico oil regulator says slow wins the race

Ahmad Ghaddar / Reuters - Oil prices slip Thursday as U.S. stocks surge, but global market tightens

 

 

Rodrigo Viga Gaier / Reuters - Brazil ex-President Temer indicted on charges involving nuclear plant bribes

Starr Spencer / Platts - Colombia inks offshore oil deals with Ecopetrol, Repsol, Exxonmobil

Daniel Rodriguez / Platts - Mexico's system operator Cenagas wants to control operations on all Mexico's gas lines

Brian Scheid / Platts - US has warned other governments, oil traders about violating PDVSA sanctions -State official

Argus - Mexico's diesel supply sensitive to border delays

Argus - Panama strips flags from Iranian ships fleet

Argus - Mexican Energia Costa Azul owned by U.S. Sempra's IEnova gets licenses to export US LNG out of Mexico

Argus - PDVSA orders tankers to switch off transponders

Argus - Energy blackouts cut Venezuela Mar oil output

Argus - Citgo reports higher oil exports, crude throughputs

Argus - U.S. sanctions cut off PDVSA Caribbean revenue

Aaron Sheldrick / Reuters - Brent edges further away from $70 level Thursday on build in U.S. stocks

 

 

Deisy Buitrago / Reuters - Venezuelans set up burning barricades over lack of power, water

Reuters - Argentina's YPF to invest $2 bln in two refineries

D. Xu, E. Yep, O. Zhou, P.Vahn / Platts - New Brazilian Buzios' crude grade trickles into China amid Venezuela sanctions -analysis

Daniel Rodriguez / Platts - Murphy, Repsol, Petronas to drill several wildcat wells in Mexico in 2019-20

Deisy Buitrago, Mircely Guanipa / Reuters - Venezuela's Jose oil export terminal restarts after new blackout

Daniel Rodriguez / Platts - Pemex imports light crude in February, boosts heavy crude exports to the US

Argus - Colombia's oil industry attack exposes perilous Venezuela-Colombia overlap

Argus - Rosneft turns to China as Venezuela crude outlet

Argus -Venezuela pulls naphtha away from Asia-Pacific and turn to Russia

Argus - Petrobras expects Bolivian gas for 2-4 yrs more

Argus - Petrobras to start transshipments at Acu port

Argus - Venezuela hit by another vast blackout: Update

Aaron Sheldrick / Reuters - Brent nears $70 Wednesday as oil prices rise for fourth day

 

 

Henning Gloystein / Reuters - Oil set Friday for biggest quarterly rise since 2009 amid OPEC cuts, U.S. sanctions

Myra P. Saefon / Marketwatch - Oil prices end higher as attention turns to tightening global supplies

Reuters - Petrochemical leak keeps stretch of Houston port closed a third day from a massive fire at petrochemical storage facility

Reuters - U.S. cautions Venezuela's Maduro over detained Citgo workers, others

Reuters - Brazil government working to cede control of Eletrobras in 2019

Reuters -Petrobras to spend $320 million to hedge Brent oil output

Roberta Rampton / Reuters -Venezuela, China in focus for Trump meeting with Caribbean leaders

Myra P. Saefon / Marketwatch - Oil prices end higher as attention turns to tightening global supplies

Reuters - Mexico looking at paying Pemex debt from stabilization fund - official

Oceana Zhou / Platts - PetroChina expects its Venezuelan crude imports to fall 33% to 10 mil mt in 2019

Platts - PDVSA looking to hire refined products tankers as sanctions thin available fleet

Argus - India's Reliance cuts Venezuelan crude purchases

Argus - US tries to coax Caribbean away from Maduro

Argus - US targets banks after Venezuela arrests Guiado aide

 

Friday Mar. 22, 2019

Sharay Angulo / Reuters - Mexico oil refinery may get part of $10 bln U.S. financing aid

Reuters - U.S. court allows Venezuela's Guaido to argue in Crystallex case

Reuters - U.S. senators call on Venezuela to release jailed Citgo executives

Reuters - Brazil to present plan to overhaul natural gas sector by June -minister

Reuters - Petrobras reevaluating partnership with China's CNPC

Nidhi Verma , Marianna Parraga / Reuters - Sidesteping U.S. sanctions Reliance sends fuel from India, Europe to Venezuela

Eesha Muneeb / Platts - Iraqi Basrah crude premium strengthens amid Venezuelan disruption

Chris van Moessner / Platts - US oil, gas rig count falls by three to 1,083: S&P Global Platts Analytics

Argus - Brazil's fuel price transparency plan draws fire from Petrobras and fuel distributors

Argus - Mexico's CFE to buy 360,000t of coal to fuel plants -Director

Henning Gloystein / Reuters - Oil lingers slightly under 2019 highs Friday on OPEC's supply cuts, U.S. sanctions

Argus - Post-blackout hangover dogs PDVSA Orinoco operations

 

 

Thursday Mar. 21, 2019

Myra P. Saefon / Marketwatch - Oil prices pull back from multimonth highs Thursday to end lower for the session

N. Verma , M. Parraga / Reuters - Reliance selling fuels from India to Venezuela to avoid U.S. sanctions

Reuters - U.S. crude imports from Venezuela grind to a halt after sanctions

Reuters - Colombia shelves ConocoPhillips, Canacol requests fracking licenses

Argus - US court accepts Guaido, bondholder Citgo arguments

Daniel Rodriguez / Platts - Mexico cancels power auctions, to implement decentralized system instead

Platts - PDVSA slashes April crude to India's Reliance by 40% to 180,000 b/d

Starr Spencer / Platts - US Gulf of Mexico Lease Sale 252 bids focus on blocks near existing fields

Argus - PDVSA tanker Icaro in Amuay after Curacao lien lifted

Argus - Cabinet changes eluding Maduro so far

Argus - Mexico fuel price database site outage continues

Henning Gloystein / Reuters - Oil slips from 4-mth peak Thursday, but OPEC cuts, sanctions support

 

 

Wednesday Mar. 20, 2019

Myra P. Saefon / Marketwatch - Oil prices at 4-month highs Wednesday as supplies post a weekly drop of nearly 10 million barrels

Reuters - Brazilian nuclear plant uranium convoy attacked by armed men -police

D. K. Kumar / Reuters - Canadian, Brazilian oil producers lock in revenues as prices rally -sources

Reuters - In Argentina, Vaca Muerta shale workers to strike over safety

Reuters - Petrobras names former Vale executive as new CFO

Reuters - Petrobras starts production at P-77 platform in Buzios field

Reuters - Venezuela suspends oil exports to India - oil minister

Guilherme Baida / Platts - Venezuelan steelmaker Sidor shuts all operations after energy blackout

Daniel Rodriguez / Platts - Pemex stabilizing crude oil production, expects to increase drilling by 200%: CEO

Guilherme Baida / Platts - US slaps sanctions on state-owned Venezuelan gold company Minerven

Argus - Colombia seeks emergency fuel supply from Ecuador

Henning Gloystein / Reuters - Oil prices firm on supply cuts Wednesday, but slowing economy drags

Argus - Trinidad & Tobago seeks refinery bids, scraps trader sale

 

Tuesday Mar. 19, 2019

Myra P. Saefon / Marketwatch -Oil prices hold near multimonth highs Tuesday as OPEC supply appears in check

Reuters - Venezuela may divert U.S.-bound oil to Russia, says Jose generator back online

Reuters - Mexico's CFE seeks LNG cargo for April delivery - sources

Reuters - Mexican president names firms selected to bid on new oil refinery

Daniel Rodriguez, John Hilfiker / Platts - Lopez Obrador willing to go to court to renegotiate gas transportation contracts signed by CFE

Jeff Flick / Platts - Petrobras to sell $10 billion in assets by end of April: CEO

Robert Perkins / Platts - Tullow partner hikes Guyana block potential to 4 billion barrels

Argus - Petrobras does not want a monopoly, says president

Argus - JMMC says Opec+ to delay cuts decisions to June: Update

Argus - Opec+ Baku deliberations complicated by US sanctions

Henning Gloystein / Reuters - Oil prices hover close to 2019 highs Tuesday on OPEC output cuts, U.S. sanctions

Myra P. Saefong / MarketWatch - Oil ends higher Monday as OPEC looks to stick to output cuts through June

 

Monday Mar. 18, 2019

Myra P. Saefong / MarketWatch - Oil ends higher as OPEC looks to stick to output cuts through June

Reuters -Aruba to resume refinery refurbishment after U.S. sanctions exemption

Tibisay Romero / Reuters - Venezuela's Guaido launches national tour in 'new phase' to oust Maduro

Lisandra Paraguassu / Reuters - U.S. and Brazil may partner on small nuclear reactors

Reuters -Petrobras to have divested $10 bln in the first four months of 2019 -CEO Castello Branco

Brian Balboa / Platts - Major fires hit Houston area ExxonMobil Baytown refinery, tank farm; petrochemical production impact unclear

Rosemary Griffin / Platts - Iran, Venezuela sanctions impacts not dire enough to justify easing OPEC oil cuts: Falih

Arthur Richier, Solomon Lanitis / Platts - Sanctions push trans-Atlantic product freight to Venezuela to huge premium

Argus -American halts Venezuela flights, citing safety

Argus - Fuel oil supply tight ahead of 2020 -IEA

Argus -Trafigura ships Venezuelan asphalt to US

Henning Gloystein / Reuters - Oil pulled two ways by economic slowdown Monday, OPEC-led supply cuts

 

 

Friday Mar. 15, 2019

Myra P. Saefong / MarketWatch - Oil finishes with a loss Friday, but U.S. prices mark sharpest weekly rise in a month

Reuters - Russia in Venezuela: Billions spent, little to show

Reuters - Cano Limon pipeline bombed by colombian guerrillas for 11th time in 2019

Deisy Buitrago, Mircely Guanipa / Reuters - Oil storage tanks explode in Venezuela, while main terminal resumes shipments

Nick Coleman / Platts - IEA warns 'significant' Venezuela outages could present 'challenge' to oil market

Meghan Gordon / Platts - Dueling US oil sanctions on Irania and Venezuela give India unexpected leverage

Brian Scheid / Platts - US extends sanctions deadline for Citgo dealings with PDVSA

Argus - Mexico alters fuel tax deduction as pump prices rise

Henning Gloystein / Reuters - U.S. oil hits highest so far this year, but concerns over demand growth drag

 

Thursday Mar. 14, 2019

Jake Spring / Reuters - Brazil's right-wing government puts gag order on environment agency

Reuters - CERAWeek: Brazil, Petrobras in talks to prevent regional monopolies after refinery sales

Reuters - Mexican president does not 'rule out' Pemex listing in local market

Ratnajyoti Dutta / Platts -India private refiner Reliance Industries cuts Venezuela crude imports

Daniel Rodriguez / Platts - CERAWeek: Mexico to develop new catalytic units ahead of IMO 2020: Secretary Nahle

Argus -Venezuela´s oil industry re-opening unlikely before 2024

Argus -Lula salt content jumps on maintenance a pre-salt Petrobras Argus field, water cut

 

 

Wednesday Mar.13, 2019

Daniel Rodriguez / Platts - CERAWeek: Petrobras aims to become natural gas powerhouse -CEO

Brian Scheid / Platts - CERAWeek: Citgo can weather shock of PDVSA sanctions, says chairwoman

Jeff Mower / Platts - CERAWeek: BP will enter refined products midstream market but has no refining plans in Mexico

Daniel Rodriguez / Platts - CERAWeek: Shale could quadruple Colombia's oil reserves -Ecopetrol

Daniel Rodriguez / Platts - CERAWeek: BP and Equinor optimistic of Latin America's future despite political uncertainties

Argus - Venezuela's PDVSA restarting Jose terminal ops as blackout eases

Argus - Reliance vows to cap Venezuela's PDVSA crude purchases

Argus - US to withdraw last diplomats from Venezuela

Argus -Venezuela´s oil ports closed, output stalled

Argus -Dos Bocas refinery comments lay bare Mexican energy challenge

Noah Browning / Reuters - Oil up Wednesday on reduced U.S. output estimate, stalled Venezuelan exports

 

Tuesday Mar.12, 2019

Myra P. Saefong / MarketWatch - Oil score back-to-back session gains Tuesday as signs of supply crunch linger

V. Sequera, D. Buitrago / Reuters - Venezuela gives U.S. diplomats 72 hours to leave, blames Trump for blackout

Marianna Parraga / Reuters - Venezuela's Guaido moves to re-open energy industry

Rosemary Griffin / Platts - Rosneft rejects US claims Venezuelan operations defy sanctions

Brian Scheid / Platts - CERAWeek: India committed to reducing imports of Venezuelan crude

Argus -Venezuela-Cuba oil link under US government scrutiny

Argus - US to withdraw diplomats from Venezuela

Henning Gloystein / Reuters - Oil rises Tuesday as Saudi deepens OPEC supply cuts, but U.S. surge caps gains

 

 

 

Monday Mar.11, 2019

Myra P. Saefong / MarketWatch - Oil logs March's highest finish Monday as Saudi signals near-term crude export reductions

Marianna Parraga / Reuters - CERAWEEK: Argentina aims to boost gas output, supply with higher investment -Minister Lopetegui

Meghan Gordon / Platts - US targets Russian bank behind Venezuela's 'petro' currency for violating PDVSA sanctions

Brian Scheid / Platts - Venezuela ordered to pay ConocoPhillips $8.7 billion for seized oil projects

Argus - US says Venezuela sanctions to continue despite risks

Argus - Venezuelan oil operations halted, blackout persists

Noah Browning / Reuters - Oil gains Monday as Saudi stands by OPEC supply cuts, U.S. rig activity drops

CERAWeek 2019

 

 

Monday Mar.11, 2019

Myra P. Saefong / MarketWatch - Oil logs March's highest finish Monday as Saudi signals near-term crude export reductions

Marianna Parraga / Reuters - CERAWEEK: Argentina aims to boost gas output, supply with higher investment -Minister Lopetegui

Meghan Gordon / Platts - US targets Russian bank behind Venezuela's 'petro' currency for violating PDVSA sanctions

Brian Scheid / Platts - Venezuela ordered to pay ConocoPhillips $8.7 billion for seized oil projects

Argus - US says Venezuela sanctions to continue despite risks

Argus - Venezuelan oil operations halted, blackout persists

Noah Browning / Reuters - Oil gains Monday as Saudi stands by OPEC supply cuts, U.S. rig activity drops

 

Thursday Mar.07, 2019

Marianna Parraga / Reuters - PDVSA declares emergency as tankers returning

Reuters - Germany consults with allies after Venezuela expels ambassador for meddling ; detains journalist

Reuters -Pemex partners to invest $250 mln in two onshore blocks in Mexico Jeff Fick / Platts - BW Offshore to buy Brazil's Maromba Field from Petrobras, Chevron

S -J. Flaws, T. Sleiman / Platts - US sanctions on Venezuela creating strong pull for HSSR from Europe to USGC

Jasmin Melvin / Platts - No indication of letup in formation of Caribbean and US Atlantic Coast hurricanes for 2019: forecaster

Argus - PDVSA struggling to operate relinquished oil tankers

Argus - Oil tanker owners command premiums to supply Venezuela

Argus - Pemex restarts Fertinal phosphates complex

Henning Gloystein / Reuters - Oil nudges higher Thursday on Venezuela and Iran sanctions, OPEC cuts

 

 

 

Wednesday Mar.06, 2019

Myra P. Saefong / MarketWatch - U.S. oil benchmark falls Wednesday as U.S. inventories drop; Gasoline futures end at 4-month high

Reuters - U.S. looking at new sanctions against Venezuela -U.S. official

Rodrigo Campos / Reuters - Ecopetrol to spend $500 mln on fracking over 3 years -CEO

Deisy Buitrago / Reuters - Venezuela's Guaido in talks with unions to call public sector strike

Reuters - Colombia's Cano Limon pipeline bombed for tenth time in 2019

Brian Scheid, Daniel Rodriguez / Platts - Delays of Mexico oil, gas auctions will slow revenue, production growth -commissioner

Platts - Brazil overtakes Russia as top supplier to China's independent refineries in Feb

Argus - PDVSA's impaired Bonaire's Bopec terminal mostly dormant

Argus - Venezuela's PDVSA dwindling fuel to halt buses and tanks alike

Argus - US House Democrats, back in power, push climate agenda

Koustav Samanta / Reuters - Oil falls Wednesday on U.S. inventory build, shale oil output forecasts

 

 

Tuesday Mar.05, 2019

Mayra P. Saefong / MarketWatch - U.S., global oil split ways Tuesday as output cuts continue, but China lowers growth forecast

Reuters - Venezuela's Guaido pushes to name new representative to regional lender

Humeyra Pamuk / Reuters - U.S. EPA sends proposed rule for higher ethanol-blend gasoline to White House

Scott DiSavino / Reuters- U.S. oil rig counts falls to lowest since May 2018 -Baker Hughes

Reuters - Peru oil pipeline fixed, resumes operations after 3 months -Petroperu

D. Kinch and G. Baida / Platts - Brazil government pressure seen forcing Vale executive change

Argus - PDVSA oil unions to attend Guaido labor meeting