Colombia’s Energy Minister Irene Vélez-Torres Resigns
Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry, citing investigations against her use of power.
Chart Talk: Venezuela’s Massive Production Meltdown
OPEC’s Venezuela lost an average 2.07 MMbbl/d under its so-called “socialist” leaders, according to OPEC data, and now the country continues with efforts to break through a production ceiling that appears to be 800,000 bbl/d.
Parex Resource’s Chirimoya Exploration Well Abandoned
Parex Resources found the Chirimoya exploration well’s prospective zones had no economic hydrocarbons.
China to Boost Brazil Oil Imports in Q3, Replacing Some Saudi Supply
The volumes are significantly higher than the average in the first five months of the year, when China imported 3.02 million metric tons of Brazilian crude.
Argentina’s LNG Project to Require $51 Billion Over 15 Years
Argentina’s state-owned YPF SA and its Malaysian counterpart Petronas eye the need for $51 billion in investments over 15 years as part of their joint plans to build out 25 mtpa in liquefaction capacity near Bahía Blanca.
PetroTal Sets Oil Production Record, Despite Sabotaged Pipeline
Sabotaged Peruvian oil pipeline does not impede PetroTal’s record production.
Frontera, CGX Discover Oil at Wei-1 Well in Guyana
Wei-1 is one of two wells on Guyana's Corentyne block that CGX Energy and Frontera Energy had committed to drill.
Important Citgo Stock Certificates Recovered by PDV Holding
Stock certificates representing a 49.9% stake in Citgo Holding Inc. have been recovered by Venezuela's PDV Holding Inc. from Rosneft Trading
Noria Energy Launches 1.5-MW Solar Project in Colombia
California’s Noria Energy launched the 1.5-megawatt Aquasol pilot project in Colombia, which aims to take advantages of synergies from combining floating solar and hydroelectric reservoir resources.
Pemex Reports Helicopter Crash Near Ciudad del Carmen
Mexico’s Navy Secretariat (SEMAR) continues with a search and rescue operation after a helicopter operated by Heliservicios with two occupants went down offshore the Ciudad del Carmen near Campeche Sound.