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At 400 bolivars per dollar Venezuela's unofficial exchange rate


Venezuela unofficial exchange rate weakens to 400 bolivars per dollar

CARACAS
Petroleumworld.com 05 22 2015

Venezuela's unofficial exchange rate on Thursday weakened below 400 bolivars per dollar, according to a widely watched website, slipping 25 percent in a single week as the country's exchange control system struggles to meet demand for hard currency. - story

Largest shareholder group to vote against
Alfa-Harbour deal for Pacific Rubiales


BOGOTA
Petroleumworld.com 05 22 2015

The largest group of shareholders in Canadian oil producer Pacific Rubiales Energy Corp is "extremely disappointed" in a C$6.50-per-share takeover bid from Alfa SAB de CV and Harbour Energy Ltd, and will vote against the deal, the investors said on Thursday. - story

 



Lagniappe

 


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Gustavo Coronel : Terrorizing
the press: a Chavez mini me in Ecuador

 


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OIL PRICES:
Updated:May 22, 2015 09:28 GMT

05/21 OPEC Basket: $61.86

05/15 Venezuela Basket:* $57.00

05/08 Venezuela Basket:**$46.99

04/21 Mexico Basket: $57.86

05/21 NYMEX Natural Gas:
$2.949


05/21 ICE BRENT: $66.64 NYMEX WTI: $60.72

05/21 US /BsF 191.30- BsF/ 209.11 / BCV transfer

05/21 US/BsF 402.00 - BsF/€448.50 / Parallel Transf***

05/22 FX 1 Euro=$1.1168 US dollars 08:14 GMT

Closing daily prices / average weekly price*
Average price for 2015**/ Average Cucuta's price ***


WEEKS' HEADLINES

Mexico's onshore oil holds most potential in Latin America: study



MEXICO CITY
Petroleumworld.com 05 21 2015
- story

Alfa Group, Harbour Energy to buy Pacific Rubiales in $1.7 billion



SYDNEY
Petroleumworld.com 05 21 2015
- story

Brazil's Petrobras said squeezed for payment five years after sale

Bloomberg/Simon Dawson

Brazil's Finance Minister Joaquim Levy

BRASILIA
Petroleumworld.com 05 20 2015
- story

Venezuela parliament head Diosdado Cabello denies drug trade


Diosdado Cabello


CARACAS
Petroleumworld.com 05 20 2015
- story

Venezuela's officials suspected of turning country into cocaine hub


National Assembly President Diosdado Cabello. U.S. probe targets No. 2 official Diosdado Cabello, several others, on suspicion of drug trafficking and money laundering

WASHINGTON/MIAMI
Petroleumworld.com 05 19 2015
- story

Senior brazilian prosecutor backs Chevron in oil pollution case


Prosecutor recommends that Brazilian courts reject $9.5 billion Ecuadorian contamination judgment

NEW YORK
Petroleumworld.com 05 19 2015 - story

 

Iran says OPEC unlikely to cut output - Rokneddin Javadi



KUALA LUMPUR
Petroleumworld.com 05 18 2015
- story

Petrobras beats forecasts with $1.8 bln first-qtr profit


Petrobras P-61

RIO DE JANEIRO
Petroleumworld.com 05 18 2015
- story

Brazil Rousseff says to maintain oil rules, national content

AP/Eraldo Peres

Brazil's President Dilma Rousseff, speaks on March 19, 2015.

RIO DE JANEIRO
Petroleumworld.com 05 15 2015
- story

Billionaire Cortina joins O'Hara vs Alfa-Harbor in Rubiales bid


Armando Garza-Grupo Alfa(l) , Jose F. Arata- Rubiales(center), Alberto Cortina-Cinainvest

CARACAS/BOGOTA/BUENOS AIRES
Petroleumworld.com 05 15 2015
- story

IEA: Oil glut worsens as OPEC market-share battle just beginning

LONDON
Petroleumworld.com 05 14 2015
- story

Petrobras expects to export 50 pct more oil in 2015

RIO DE JANEIRO
Petroleumworld.com 05 14 2015
- story

Ecopetrol profit tumbles 96 pct on lower oil prices


Ecopetrol's Board of Directors at the company Annual meeting, May 12, 2015

BOGOTA
Petroleumworld.com 05 13 2015
- story

Total denies offshore oil exploration deal with Cuba

HAVANA/PARIS
Petroleumworld.com 05 13 2015
- story

Cuba announces Total oil deal as Hollande urges end to US embargo

Reuters / Adalberto Roque

Cuba's President Raúl Castro (right) receives his French counterpart François Hollande in Havana on Monday 11 May

HAVANA
Petroleumworld.com 05 12 2015
- story

Mexico to prepare tender on 26 onshore oil blocks

MEXICO CITY
Petroleumworld.com 05 12 2015
- story 

China world's top crude buyer despite slow economy

SINGAPORE
Petroleumworld.com 05 11 2015
- story

Mexico's to spend near $16.6 billion in energy infrastructure

MEXICO CITY
Petroleumworld.com 05 11 2015
- story

 

 Trinidad &Tobago Brazil

 

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11-12 June 2015 ,
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29-30 September,
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ISSUES...

Inside, confidential,
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Rubiales thin line

All for Rubiales

Citi's pawn shop

Venezuela: An
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Solar energy
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LAGNIAPPE

Russell A. Mittermeier:
New conservation corridor
latest environmental
triumph for Suriname

Joshua Partlow: Mexico
wanted James Bond,
but only if the country
looked as good as he does

International Crisis Group:
Colombia: A Dangerous
Setback

Steve Benen : Why
Obama went to Jamaica

David Renwick:
The "New Energy
Economy" -
Trinidad & Tobago

Jorge G. Castañeda:
Are Obama sanctions
on Venezuela really
about Cuba?

Russ Dallen: Testimony:
US Senate FRC on
Venezuela, March 17, 2015




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