Results 50 articles shown
Curacao Refinery Runs Slow As PDVSA Port Backlog Starts To Ease
Monday, June 18, 2018 The 335,000-barrel-per-day Isla refinery operated by PDVSA is working at minimum capacity while waiting for new shipments of Venezuelan crude, sources say.
Adviser: Leftist Presidential Hopeful Would End Brazil Oil Refining Monopol
Wednesday, June 13, 2018 The leading leftist candidate in Brazil's presidential race, Ciro Gomes, would end the refining monopoly of Petrobras, a senior adviser says.
Venezuela Struggles With Huge Oil Export Backlog
Thursday, June 07, 2018 Venezuela is nearly a month behind delivering crude to customers from its main oil export terminals, according to shipping data.
Petrobras, Engie Extend Period To Negotiate Contract Of Pipeline Network
Friday, June 01, 2018 Petrobras extends the deadline for discussion with Engie about the sale contract for a major pipeline network, sources say.
Sources: Petrobras Pricing Pressure Spooks Potential Refinery Buyers
Thursday, May 24, 2018 A surprise decision by Petrobras to cut diesel prices in response to truckers' protests is worrying some potential buyers.
Sources: Conoco Aiming To Seize Oil Cargoes Near Citgo's Aruba Terminal
Tuesday, May 15, 2018 ConocoPhillips has brought court actions to seize at least two cargoes of crude and fuel near a terminal operated by PDVSA subsidiary Citgo Petroleum, sources say.
Conoco Has Seized Venezuela PDVSA Products From Isla Refinery -Curacao
Monday, May 14, 2018 U.S. oil major ConocoPhillips seizes products belonging to Venezuelan state oil company PDVSA from the Isla refinery it runs on Curacao, an island official tells Reuters on Sunday.
Valero Expands Into South America With Peru Biofuels Deal
Monday, May 14, 2018 Valero Energy agrees to purchase Pure Biofuels Del Peru from private equity firm Pegasus Capital Advisors, the companies say.
CEO: Brazil's Braskem To Talk New Naphtha Contract With Petrobras
Thursday, May 10, 2018 Braskem will soon start to negotiate a long-term contract to buy naphtha from its shareholder Petrobras.
Complaint: Venezuela's PDVSA Sued For $25MM In US Over Non-Payment
Wednesday, May 09, 2018 PDVSA is being sued in the US over non-payment of notes issued for work performed by Canadian energy contractor SNC-Lavalin.
Sources: Conoco Expected To Soon Temporarily Seize PDVSA Curacao Assets
Monday, May 07, 2018 ConocoPhillips is expected to renew an effort to temporarily seize PDVSA oil inventories at the 335,000-barrel-per-day Isla refinery, sources say.
Brazil's Petrobras Starts Binding Phase Of Pasadena Refinery Sale
Friday, May 04, 2018 Petrobras is starting the binding phase of the sale of its Pasadena, Texas-based refinery.
Peru Prime Minister Revives Proposal For Petrochemical Plant
Wednesday, May 02, 2018 Peru's prime minister revives the idea of building a petrochemical plant in southern Peru that would be fed by a natural gas pipeline.
Brazil's Raizen Buys Shell Downstream Assets in Argentina for $950 mln
Tuesday, April 24, 2018 Brazil's Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell PLC for $950 million.
Colombia's Transandino Pipeline Halted After Bomb Attack
Monday, April 23, 2018 Colombia's southern Transandino pipeline was halted after a bomb attack by an illegal armed group spilled crude oil into a river, state-run oil company Ecopetrol said on Sunday.
PDVSA Refineries In Venezuela, Caribbean Ran At 31% Capacity In 1Q
Monday, April 16, 2018 Venezuela's oil refineries worked at 31% in the first quarter, according to an internal document from state-run firm PDVSA viewed by Reuters.
Argentina's TGS To Build Vaca Muerta Gas Pipeline, Conditioning Plant
Tuesday, April 03, 2018 TGS will invest an initial $250 million on gas transportation infrastructure in 2018 and 2019.
Brazil's Braskem Swings To Smaller-Than-Expected Profit In 4Q
Friday, March 30, 2018 Braskem books a fourth-quarter net profit of 313 million reais ($94 million).
Sources: Canada's Brookfield To Sell Bonds In Brazil To Help Fund Pipeline
Wednesday, March 21, 2018 Canada's Brookfield Asset Management Inc is preparing a $1.6 billion local bond sale in Brazil.
Venezuela's Crude Sales To US Falls To 15-Year Low In February
Thursday, March 15, 2018 Venezuela's crude exports to the United States declined in February to a 15-year low.
Repsol To Open 200 Fuel Stations In 2018 In Mexico
Tuesday, March 13, 2018 Spanish oil firm Repsol will open 200 gasoline stations in Mexico in 2018.
Petrobras To Invest 137 Million Reais Iin Sao Paulo Refinery
Thursday, March 08, 2018 Petrobras says it will invest 137 million reais this year in the Presidente Bernardes refinery.
Petrobras Chief Says US Refinery Sale Ongoing, No Plans To Build Elsewhere
Monday, March 05, 2018 Petrobras is continuing with its efforts to sell a Pasadena, Texas oil refinery and has no plans to build another plant.
Officials: Peru To Enable Military To Protect Oil Pipeline From Vandals
Thursday, March 01, 2018 Peru plans to declare the country's sole oil pipeline a 'strategic asset' so the military can protect it from a string of vandalism attacks.
Peru Resumes LNG Exports With Shipment To South Korea
Tuesday, February 27, 2018 Peru has exported its first shipment of LNG in three weeks after a pipeline rupture.
Citgo Petroleum Slows Aruba Refinery Revamp Due To US Sanctions
Wednesday, February 21, 2018 Citgo Petroleum has slowed work on an overhaul of its 235,000-barrel-per-day Aruba refinery.
Argentina Eyes Changes To Bolivia Gas Contract As Vaca Muerta Grows
Monday, February 19, 2018 Argentina wants to change the terms of a key gas import contract with neighboring Bolivia.
Catalytic Cracker At PDVSA's Curacao Refinery Halted After Fire
Friday, February 16, 2018 A fire at the Isla oil refinery in Curacao run by PDVSA has been extinguished without impacting operations, sources say.
Peru LNG Transport Gradually Coming Back After Pipeline Rupture
Thursday, February 15, 2018 LNG transportation in Peru is being gradually restored after a pipeline rupture this month choked off exports.
US Potential Ban on Venezuelan Oil May Hit Valero Hardest
Monday, February 05, 2018 If the US bans oil imports from Venezuela, Valero and Chevron may end up paying the price.
Brazil's Petrobras Enters New Phase Of Bsbios Sale
Monday, February 05, 2018 Brazilian state-run oil company Petroleo Brasileiro SA begins a new non-binding phase in the sale process of its entire 50% stake in biodiesel producer BSBios.
Source: Brazil Braskem Lining Up $1B Credit Line With Banks
Wednesday, January 24, 2018 Braskem is in talks with banks to secure a $1 billion revolving credit facility for five years.
Pumping On Colombia's Transandino Pipeline Halted After Bomb Attack
Monday, January 15, 2018 Pumping on Colombia's southern Transandino pipeline was halted on Sunday after a bomb attack.
Algeria Sends More Oil To Cuba As Venezuelan Supplies Fall
Wednesday, January 10, 2018 Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship the same amount in 2018, an official at Sonatrach says.
Venezuela's PDVSA At Risk Of Losing Bonaire Terminal Over Maintenance Delay
Tuesday, December 19, 2017 PDVSA could lose its license to operate an oil storage terminal it owns on the Dutch Caribbean island of Bonaire if it does not soon fulfill maintenance demands by regulators, a government spokeswoman says.
Paralysis At PDVSA: Venezuela's Oil Purge Cripples Company
Friday, December 15, 2017 An alleged crackdown on graft in Venezuela has sown panic across the country's energy industry and all but paralyzed PDVSA.
Cuba Takes Over Venezuela Stake In Refinery Joint Venture
Thursday, December 14, 2017 Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media says.
BP Opens 100th Retail Station in Mexico
Thursday, December 14, 2017 BP plc remains on track to reach its target of opening 500 sites by the end of 2018.
Petrobras Eyes Adjustments In Fuel Pricing To Fight Importers
Friday, December 08, 2017 Petrobras could make more adjustments to its fuel pricing policy, its executive manager for fuel sales says.
Company: Explosion At Petroperu Crude Oil Tank Kills Two Workers
Wednesday, December 06, 2017 An explosion at a Petroperu crude oil tank killed two men who had been performing maintenance work on Wednesday.
Natural Gas In Petrobras Pipelines Up About 23% In 2017
Tuesday, December 05, 2017 The supply of natural gas in Petrobras' pipeline network likely grew about 23% this year.
Global Factors Weigh Against Bolivia In Gas Contract Negotiations
Monday, December 04, 2017 Bolivia's declining natural gas reserves, rising global supplies and more flexible sale terms in the international market all count against South America's top gas exporter
Union Leader: PDVSA's Amuay Refinery Halts Distillation Unit
Thursday, November 30, 2017 Amuay refinery has halted its distillation unit No. 5 due to an operational problem.
Natgas Exporting Countries Convene As Global Buyers' Market Rises
Tuesday, November 21, 2017 Top officials of major gas producing countries are meeting this week in Bolivia.
Petrobras CEO Says To Discuss Refining Partnership With CNPC CEO
Wednesday, November 15, 2017 Petrobras CEO Pedro Parente said he will meet this month with the CEO of China National Petroleum Corp.
LyondellBasell Approaches Brazil's Braskem for Takeover-WSJ
Monday, October 30, 2017 A deal would help LyondellBasell expand in Latin America, where Braskem is the biggest petrochemicals company.
Venezuela's Deteriorating Oil Quality Riles Major Refiners
Friday, October 20, 2017 PDVSA is increasingly delivering poor quality crude oil to major refiners in the United States, India and China.
$800 Million Gas Pipeline Proposed As Argentina Preps For Shale Boom
Friday, October 13, 2017 Gas transporter TGS, controlled by Pampa Energía, has proposed an $800 million pipeline and gas treatment plant in Argentina's Vaca Muerta shale fields, a company source says.
Venezuela Confirms Discussing Citgo Collateral Swap With Rosneft
Wednesday, October 04, 2017 PDVSA is negotiating to swap Russian oil producer Rosneft's collateral in Venezuelan-owned, Citgo, adding that results are expected 'very soon.'
Peru Crude Oil Pipeline Resumes Operation After Year Of Spills
Tuesday, September 26, 2017 A crude oil pipeline operated by Petroperu became fully operational following repairs.