Pietro D
Pitts
Hart Energy
Biden Administration Moving to Escalate Energy Trade Dispute with Mexico
President Joe Biden's administration has asked U.S. energy companies to prepare affidavits documenting how Mexico’s protectionist policies disrupted their investments as Washington prepares to escalate a trade dispute with its neighbor.
Saudi Aramco Considers Selling $50 Billion in Shares: WSJ
Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the Riyadh bourse before the end of the year.
Gazprom Accounts for More Than Half of Increase in China's Gas Imports
Gazprom accounts for more than half the increase in China's gas imports this year, says CEO Alexei Miller, after Gazprom's natural gas exports, mainly to Europe, almost halved last year after the West responded with economic sanctions to Moscow.
Chart Talk: Venezuela’s Subsidized Fuels Range from Free to Cheap
In OPEC-member Venezuela, fuels are subsidized or unsubsidized while prices range from free to cheap at $0.02/gallon on the low end. But drivers still leave a tip: beans and rice.
Is Venezuela the New Iran? Sanctions, Elections Weigh on Oil Powerhouse
Luis Vicente León, president of Datanalisis, Venezuela’s top polling firm, spoke with Hart Energy in an exclusive interview about Venezuela’s oil sector under the weight of U.S. sanctions, potential gas exports to Trinidad and Tobago and the shape of the country’s 2024 presidential elections.
What's Affecting Oil Prices This Week? (Aug. 28, 2023)
Prices rebounded in the second half of the week with crude inventories in the U.S. decreasing to levels on par with that of 2019.
CHART TALK: Gasoline Prices Soar South of the US-Mexico Border
Drivers in Mexico are paying a hefty 125% premium for gasoline and an average 122% more for diesel compared to their U.S. counterparts, according to Hart Energy analysis.
YPF Boosting Production—and Debt
Argentina’s state-owned energy giant YPF SA boosted its total production in the second quarter, driven mainly by robust shale operations, but the company reported lower net income while its debt continues to rise.
Q&A: US Sanctions Ravage Venezuelans as Democracy Withers [WATCH]
Datanalisis President Luis Vicente León spoke with Hart Energy about the realities of U.S. sanctions on Venezuela to force free elections and the results: President Nicolás Maduro’s chief political rival is barred from holding office.
What's Affecting Oil Prices This Week? (August 21, 2023)
Stratas Advisors predicts that oil prices will be under pressure due in part to supply/demand and global economy issues.