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Petroecuador signs $2.5 bln oil supply deal with Thailand


QUITO
Petroleumworld.com 08 03 2015

Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. - story

Petrobras hope to recover $1.8 billion from corruption scandal


The CEO of Petroleo Brasileiro Petrobras SA seeks to recoup graft losses from the company corruption scandal

RIO DE JANEIRO
Petroleumworld.com 08 03 2015

Petroleo Brasileiro SA is seeking to recover as much as 6.2 billion reais ($1.8 billion) lost as part of Brazil's biggest corruption scandal. - story

 

 


 


Editorial Commentary


Latin America Energy Advisor : Q & A :
Will Guyana's Oil find transform its energy sector?


In a brief statement the UN media office said that “The Secretary-General met today with President of Venezuela, H.E. Mr. Nicolás Maduro. The Secretary General “reiterated his assurances of the readiness to discuss the way forward with both Governments”.




Lagniappe

 

International Crisis Group: Venezuela: Unnatural Disaster


People carry goods looted from a supermarket in
San Felix in the state of Bolivar, Venezuela July 31, 2015.

 

 


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and comments about the articles on this site.


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OIL PRICES:
Updated: July 31, 2015 23:15 GMT

07/30 OPEC Basket: $51.45

07/31 Venezuela Basket:* $45.87

07/31 Venezuela Basket:**$49.67

07/31 Mexico Basket: $45.63

07/31 NYMEX Natural Gas:
$2.74


07/30 ICE BRENT: $52.21 NYMEX WTI: $47.12

07/31 US/BsF 677.50 - BsF/€ 746.50 / Parallel Transf***

07/31 FX 1 Euro=$1.0985 US dollars 20:59 GMT

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



 


WEEKS' HEADLINES

Oil prices continue to fall on OPEC comments

AFP/Eric Piermont


OPEC General Secretary Abdullah El-Badri says OPEC welcomes the lifting of sanctions on Iran and would be able to cope with any increased volumes (AFP Photo/Eric Piermont)

SINGAPORE
Petroleumworld.com 07 31 2015
- story

Mexico energy reform backed by former president Fox


Former president says technology fights impunity

MEXICO CITY
Petroleumworld.com 07 31 2015
- story

Mexico will postpone deep-water oil auctions to adjust terms

MEXICO CITY
Petroleumworld.com 07 30 2015
- story

Ecopetrol/Anadarko finds hydrocarbons off Colombia

Anadarko

The Bolette Dolphin drilled the Kronos-1 well in its offshore Colombia drilling campaign in the deepwater Magdalena tertiary delta turbidite fan. A back-to-back two-well program its targeting the Calasu prospect on the Fuerte Norte block, and the Kronos prospect on the Fuerte Sur block.

HOUSTON
Petroleumworld.com 07 30 2015
- story

Pemex posts wider 2nd-qtr loss on lower prices, output

MEXICO CITY
Petroleumworld.com 07 29 2015 - story

Venezuela's president signals no election monitoring allowed

NEW YORK
Petroleumworld.com 07 29 2015 - story

PDVSA seeks 40 API crudes to dilute its extra heavy oil

HOUSTON
Petroleumworld.com 07 28 2015- story

Venezuela won't escape default in '16 - Harvard professor


Ricardo Hausmann, Harvard University Professor

NEW YORK
Petroleumworld.com 07 28 2015- story

Pemex to submit tie-ups in August, will ship 6 mln of crude to Japan

MEXICO CITY
Petroleumworld.com 07 27 2015
- story

Repsol to weigh sale of assets including Venezuela

TORONTO/MADRID/LONDON
Petroleumworld.com 07 27 2015
- story

 

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TODAY'S WORLD OIL HEADLINES



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A documentary film by Elio Ohep Fitzgerald

Lagniappe, Feature, Sunday


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LAGNIAPPE

"Perdido" the largest
oil rig in the world

 


Kejal Vyas: PDVSA's
biggest oil refinery
confronts serious challenges

Pedro M. Burelli:
U.S. - Venezuela relations

Latin America Energy
Advisor: Does Pemex’s
recent gulf oil discovery
herald a new era?

Mary Anastasia O'Grady
: Dancing with another dictatorship

 




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