Regional News: South America

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Venezuela's Secret Plot to Sell Banned Syrian Oil in US Market
Thursday, May 25, 2017 The plan reportedly aimed to sell discounted Syrian oil to Venezuela through a Russian shell company, which would send it to Aruba for refining and distribution to US gas stations.

Venezuela Oil Executive Arrested in Corruption Probe
Tuesday, May 23, 2017 Venezuela has arrested the manager of the Petropiar heavy crude upgrader, owned by state oil company PDVSA and U.S. major Chevron Corp.

BP Urges Engineers to Apply for Trinidad & Tobago Graduate Program
Tuesday, May 23, 2017 BP takes to Twitter to call on engineers to apply for graduate program.

Chile to Export Gas to Argentina to Cover Winter Demand
Friday, May 19, 2017 Chile does not have significant gas production of its own but is selling surplus LNG imported via its Pacific-facing ports.

Fuel Shortage Again Hits Oil-rich Venezuela Amid Refinery Woes
Wednesday, May 17, 2017 The waits at gasoline stations heap extra hardship on the nation of 30 million.


Colombia's Ecopetrol Output Falls at Big Oil Field amid Protests
Monday, May 15, 2017 Colombia's state oil company Ecopetrol said it reduced output in one of its key production areas due to protests by residents who reject changes to the company's hiring policy for local labor.

Braskem Seeing Stronger Demand from Brazil's Auto, Building Sectors
Monday, May 15, 2017 Braskem SA has seen an improvement in Brazilian demand for its plastics and other petrochemical products, especially in the automotive and construction industries, its CEO said.

Petrobras Sees Room For More Efficient Payroll, CAPEX
Friday, May 12, 2017 Petrobras has room to improve the efficiency of its investments and payroll spending, executives say.

Venezuela's Main Refining Complex Working at 43 Pct of Capacity -Reports
Wednesday, May 10, 2017 The Paraguana Refining Center, which includes Venezuela's two largest refineries, is working at 43 percent of its installed capacity of 955,000 barrels per day (bpd), according to internal reports from its operator, state-run PDVSA, seen by Reuters.

Brazil Pre-Salt Oil Auction Cleared; Some Investors Complain
Thursday, May 04, 2017 The Brazilian government has approved terms for another auction of exploration rights to high potential oil prospects.

PetroVietnam Says Venezuela Oil Project Still Stalled, Hopes To Reactivate
Wednesday, May 03, 2017 PetroVietnam's joint venture with PDVSA remains stalled but the Vietnamese company hopes ongoing talks will lead to reactivation of operations.

Petrobras Adding Refineries to Asset Sales as CEO Seeks Cash
Tuesday, May 02, 2017 The Petrobras asset sales are far from over, and they will now include refineries.

Petrobras CEO Says Oil Price Slump Won't Hinder Asset-Sale Plan
Tuesday, May 02, 2017 Oil's lackluster price performance this year is unlikely to hamper Petrobras' plan.