Canacol Strikes Gas In Colombia As Production Rises
The country is among the areas seeing higher gas production but is pushing for more activity to lift reserves.
July 17, 2019
South America
Petrobras Poised To Enter New Natural Gas Era Following Discoveries
The Brazilian government hopes to attract more players to its gas sector.
July 17, 2019
A&D Transactions From The Week Of July 10, 2019
Here’s a snapshot of energy deals from the past week including Encana’s sale of Newfield Arkoma assets plus the roughly $1.3 billion sale of Appalachia assets by TC Energy.
July 10, 2019
White House Discussing Renewing License For Chevron To Operate In Venezuela
The Trump administration is discussing whether to renew a license allowing Chevron Corp. to continue operating in Venezuela despite U.S. sanctions on the country's oil sector, White House economic adviser Larry Kudlow said on July 9.
July 9, 2019
Parex Adds Two Blocks Expanding Colombian Exploration Acreage
Parex Resources Inc., a company headquartered in Calgary, Alberta, participated in the June 2019 Agencia Nacional de Hidrocarburos (ANH) Permanent Process for the Assignment of Areas bid round and has been awarded two blocks on July 8.
July 9, 2019
Petrobras Strikes Deal With Regulator To Sell Natural Gas Assets
Brazilian state-owned oil firm Petroleo Brasileiro SA (Petrobras) has reached an agreement with anti-trust regulator Cade to sell off a series of natural gas transportation and distribution assets, the company said in an exchange filing on July 8.
July 8, 2019
Survey: OPEC Output Hits New Low On Trump's Sanctions, Supply Pact
Despite lower supplies, crude oil prices have fallen from a six-month high above $75 a bbl in April to below $63 on July 5, pressured by concern about slowing economic growth
July 8, 2019
Brent Oil Inches Up On Iran Tensions, OPEC, While US Crude Calls
Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.
July 5, 2019
Brazil's Petrobras Puts Offshore Gas Fields, Exploration Bloc Up For Sale
Brazilian state-run oil firm Petroleo Brasileiro SA has put its Peroa and Cangoa shallow-water natural gas fields and a deepwater exploration concession known as Malombe in the state of Espirito Santo up for sale, the company said.
July 5, 2019
Petrobras Begins Non-binding Phase For Onshore Oilfield Sale
Polo Reconcavo had an average production of 2,800 barrels per day of oil and 588,000 cubic meters of gas in 2018, the company said.
July 3, 2019