ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
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EAI provides educational consultancy and training, and delivers professional advice to individuals, companies and organizations interested in the upstream, downstream, and midstream energy sectors of Latin America and the Caribbean with a focus on Venezuela.
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
3d ago
(AFP, 23.Mar.2024) — Caracas has long laid claim to Essequibo, which makes up about two-thirds of Guyana’s territory, but started taking active steps to retrieve the land after massive offshore oil deposits were discovered there in 2015. Lawmakers unanimously approved a law on Thursday that was drawn up after a December referendum in which 95 percent […]
The post Venezuela’s Parliament Approves Creation of State in Disputed Oil-Rich Essequibo first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
3d ago
(Reuters, 21.Mar.2024) — The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves BP, Energy Minister Stuart Young said on Thursday. The Manakin-Cocuina areas are part of the Plataforma Deltana massive gas project […]
The post Trinidad Seeks US License for BP Gas Project Shared with Venezuela first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1w ago
(AP, 16.Mar.2024) — It’s her choice — but one on which the hopes of millions of Venezuelans fighting to restore their democracy depends. Barred from running for office, opposition leader María Corina Machado is facing pressure from foreign leaders and fellow government opponents to abandon her dead-end presidential candidacy ahead of a March 25 candidate […]
The post Maria Corina Machado Faces Deadline in Race Against Maduro first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1w ago
(Energy Analytics Institute, 14.Mar.2024) — Parties from Trinidad and Tobago and Venezuela met in Caracas, Venezuela on 13 Mar. 2024 to commence engagement, discussions and negotiations related to the cross border Manakin/ Cocuina hydrocarbon field. The presentations and discussions including the exchange of technical information and negotiation of legal terms and conditions advances the intended […]
The post Venezuela, MEEI, NGC, and bpTT Discuss Manakin/Cocuina first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
3w ago
(Hess, 7.Mar.2024) — Today, ExxonMobil announced that it is filing for arbitration regarding the applicability of a right of first refusal (ROFR) / pre-emption provision in the Stabroek joint operating agreement. We believe that the ROFR / pre-emption provision does not apply to the Chevron-Hess merger. We remain fully committed to the transaction and look forward […]
The post Hess Updates Employees on Chevron Merger first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
3w ago
(Reuters, 6.Mar.2024) — Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim related to Hess Corp‘s proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp‘s pending deal for the assets. The arbitration case seeks to preserve Exxon’s right to evaluate making a bid for Hess’s 30% stake in […]
The post Exxon Signals Potential Counter Offer for Hess’s Guyana Assets first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1M ago
(Energy Analytics Institute, 29.Feb.2024) — The mixed company Petrowarao, S.A. reactivated the A-162 gas condensate well in Zuila state in western Venezuela. The achievement was possible due to major maintenance work and the repair of lake pipelines, state-owned Petróleos de Venezuela, S.A. (PDVSA) announced 29 Feb. 2024 in an official statement. The work will allow for […]
The post Petrowarao Reactivates A-162 Gas Condensate Well in Zulia first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1M ago
Energy Analytics Institute, 29.Feb.2024) — Executives with state-owned Petróleos de Venezuela, S.A. (PDVSA) and Chevron Venezuela supervised safety operations at the PDVSA Petropiar, S.A. joint venture as part of scheduled visits slated for 2024. Executives participating included the president of the Board of Directors of Petropiar, Ninoska Rodríguez; general manager, Martin Philipsen; plant manager, Manuel Ruza; […]
The post PDVSA and Chevron Oversee Petropiar Safety Operations first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1M ago
(Energy Analytics Institute, 22.Feb.2024) — Repsol CEO Josu Jon Imaz commented on the Spanish company’s operations in Venezuela under Washington’s most recent OFAC license. “We are putting the same metrics we had in November before the license approved by the American administration at the end of the year. That means that we are taking a prudent […]
The post Repsol’s Imaz Comments on Venezuela Situation, Cardon IV Production first appeared on Energy Analytics Institute (EAI ..read more
ENERGY ANALYTICS INSTITUTE (EAI) | Venezuela Educational Blog
1M ago
(Repsol, 22.Feb.2024) — “Over the next four years we will stay the course on the strategy we presented in our previous plan to address the energy transition and we will focus on all the types of energy that meet our customer’s needs. We are convinced that this approach, in which decarbonization is an attractive opportunity […]
The post Repsol Reveals Strategic 2024-2027 Update [PDF Downloads] first appeared on Energy Analytics Institute (EAI ..read more