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TOP NEWS





 

With Exxon Mobil major discovery, Guyana is poised to become a top oil player

Exxon Mobil

Drill Shipp Stena Carron off the shore of Guyana. Experts are estimating there are billions of barrels of oil mixed with natural gas in the region.

HOUSTON
Petroleumworld.com 01 18 2017

Guyana, the tiny English-speaking South American country, is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of some of the biggest oil companies in the world.

US, Cuba, Mexico to sign 'Doughnut Hole' deal in Gulf waters


The accord will cover the Eastern Gap of the Gulf of Mexico, an area believed to be rich in oil and gas deposits.

MEXICO CITY
Petroleumworld.com 01 18 2017

The United States, Mexico and Cuba aim to sign an agreement determining territorial water limits before U.S. President-elect Donald Trump takes office on Jan. 20, three diplomatic officials familiar with the matter said on Tuesday.

PREVIOUS WEEK'S TOP HEADLINES



PRICES:
Updated: Jan. 18, 2017 08:52 GMT / closing oil prices
Exchange markets closed January 16 for Martin Luther King Birthday

01/17

OPEC Basket
$52.60
+0.43
01/17
Mexico Basket
$45.88
+1.18
01/13
Venezuela Basket *
$44.82
-0.78

01/17

ICE Brent
$55.47
+0.02
01/17
NYMEX WTI
$52.48
+0.11
01/17
NYMEX Natural Gas
$3.41
=0.00
01/18
USD/MXN Mexican peso
21.56
01/18

Euro/USD

1.06
01/18 USD/VBO
3.723
Parallel Market

* Venezuela average weekly price


NEWS HEADLINES

Wednesday, January 18, 2016

Petrobras says raises $4 billion in international bond issue

Davos: Oil majors, car makers committed to hydrogen technology to minimized CO2

Canadian energy industry at bigger risk from cyber, bomb attacks -Security Intelligence Service (CSIS)

Pemex imports first diesel cargo via train from U.S.

Output for Shale oil set to rise in February as prices rise

Operations at Venezuela's PDVSA Jose main oil terminal halted by crude spill

China to further open economy to foreign investment

Global ship insurers to resume near full coverage for Iran oil

John Kemp: U.S. oil and gas industry has turned the corner

Pertamina to import 4 mln bbls per mth of RON 88 in early 2017

 

Tuesday, January 17, 2016

Saudi commitment to cut set oil prices up on; U.S. output seen rising

Fuel gas sales in Brazil fall for 2nd consecutive year in 2016

Noble Energy to pay $2.7 bln to buy Clayton Williams Energy

Saudi foreign minister says interests aligned with U.S.

Bolivian, Argentina state-run oil companies sign joint venture to explore in Bolivia's Charagua area

John Kemp: Oil prices stall as hedge funds stop adding to longs

U.S. Vice President says world must stand against Russian aggression, calls for sanctions

Aggreko wins extensions on Argentina contracts

Russian oil production averaged 11.1 mln bpd from Jan. 1-15

Platts with a new Middle East LNG price marker as region's demand grows


PW PREVIOUS WEEK'S NEWS HEADLINES

TODAY'S WORLD ENERGY, OIL, GAS HEADLINES

 



Venezuela
- Mexico - Bolivia - Perú - Colombia - Ecuador - Brasil

 


 

Editorial Commentary


Jeremy Ashkenas: Rex Tillerson's maverick oil diplomacy

 

ExxonMobil production sites


Tim Wallace/NYT | Source: ExxonMobil

Rex W. Tillerson, former chief executive of ExxonMobil and Donald J. Trump's nominee to be secretary of state, has conducted his own brand of oil-oriented diplomacy during his 41-year career at Exxon, a company that has often cut deals with authoritarian leaders of politically unstable countries.



Opinion


Nick Cunningham: Oil prices running out of reasons to rally



"The shots fired at the Iranian boats in the Strait of Hormuz didn't do anything to
the market. A few years ago that would have added a couple dollars to the price."

 



Lagniappe

Robbie Gramer: Venezuela's meltdown
could be Trump's first nightmare, too


Venezuela could boil over before the Trump administration has time to settle into
government and get its new national security team in place and up to speed.

 


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Auction Round Awards

CNH-R01-L04/2015 - CNH-A1-Trion/2016
Deep Water Exploración / PEMEX Farmouts

Results, Dic. 5, 2016






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Issues
Confidencial,
off the record

PetroSaudi-PDVSA
grand fraud


Another huge PDVSA
fraudulent scam

 

Blackmail-Trump

Donald Trump denies
being blackmail

 

Oil prices a retrospective


Venezuela closer
to chaos

Venezuela: No
clear way out

TT counting
chickens before...


Maduro and Rowley
in a conga dance line.

Putin, OPEC's key


EDITORIAL

George F. Will: Obama's foreign policy was error after error

 

Pope Francis:
“Urbi et Orbi”,
December 2016

 

John Hall: The
OPEC & Non-OPEC Agreement

 

TT Guardian: Venezuela's
Dragon deal can revive
TT's energy sector

 

Editorial position


On sale now
New Edition!



We Fedex any
where in the world

OPINION

Nick Cunningham:
Lithium prices set to jump as Tesla
doubles global battery production


Nick Cunningham:
U.S. shale is now cash flow neutral

 

James Stafford:
Not soprolific: U.S. shale faces a reality check

 

James Stafford: Trump could fuel a nuclear energy boom in 2017

 

LAGNIAPPE

Dr. Kent
Moors: How
Trump's Exxon
pick is changing global
oil markets

 

Mathew Bey: An oilman's guide to foreign affairs

 

Adán Echeverría-
García:Are Mexico's new nature
reserves a real
conservation effort or
emptypolitical gesture?





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SPECIAL REPORT

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Timeline: Venezuela

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