TOP NEWS

 

China reaffirms $4 billion financing
for PDVSA Sinovensa's Orinoco JV

China's Vice President Li Yuanchao with oil minister Rafael Ramirez

CARACAS
Petroleumworld.com, May 17 2013

Venezuela and China have agreed on the terms of a previously announced $4 billion financing deal to increase the output of their Sinovensa joint venture in Venezuela's Orinoco oil belt, the South American country's oil minister said late Wednesday.-story

Chevron and YPF to negociate terms
of Argentina's Vaca Muerta field

YPF CEO, Miguel Galuccio (l) with Chevron's CEO for Latin America and Africa Ali Moshiri,

BUENOS AIRES
Petroleumworld.com, May 16 2013

Argentine energy company YPF (YPFD.BA) (YPF.N) signed an agreement with U.S. oil major Chevron Corp (CVX.N) on Wednesday to define the terms and conditions of Chevron's investment of up to $1.5 billion in Argentina's vast Vaca Muerta shale field.-story

 

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Editorial Commentary

 

 

Oliver L Campbell :
PDVSA'S financial results for 2012

 

 

The Washington Post :
A ‘hard hand’ in Venezuela

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Lagniappe

 

VenEconomy: Venezuela’s
small-time monarchs exposed

 

 

VenEconomy: Venezuela’s CNE
has much to hide, much to fear

 

 

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Editor's Mail

Professor Hellinger, do not lie, Sir

We invite all our readers to share with us their views
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OIL PRICES:
Updated:May 17 2013 22:45 GMT

OPEC Basket:05/16 $100.85

Venezuela Basket*:05/17 $100.35

Mexico Basket: 05/16 99.03

NYMEX Natural Gas: 05/17 $4.055

05/17 BRENT ICE:$104.64 WTI NYMEXLSC:96.02

05/17 Venezuela Parallel US$-BSF transfer
BsF/US$28.00 // BsF/€36.00 - average prices

05/17:FX 1 Euro=$1.2877 US dollars 11:41 GMT

Closing daily prices / average weekly price*

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WEEKS' HEADLINES

BG, OGX, Total, BP among big
winners at first day of Brazil auction

ANP

The 11th. Round of ANP, held today (14/5), in Rio de Janeiro, had record revenue in signing bonus (amount paid by companies in the signing of the contract), U.S. $ 2.8 billion.

RIO
Petroleumworld.com, May 15 2013-story

Argentina and Brazil to construct
two nuclear reactors

Argentina's Atucha nuclear plant

MONTEVIDEO
Petroleumworld.com, May 14 2013 -story

Brazil's ANP reports significant
interest in Brazil's upcoming 11th BR



MONTEVIDEO
Petroleumworld.com, May 13 2013 -story

Repsol oil and gas output rose 11.4%,
net income up to 631 million euros


Repsol governing body|

CARACAS
Petroleumworld.com, May 10 2013 -story

PDVSA might cancel contracts if
partners fail to increase production

CARACAS
Petroleumworld.com, May 9 2013 -story

Bad news for Venezuela
and Iran?- Saudi's Al Naimi

WASHINGTON
Petroleumworld.com, May 7 2013 -story

Mexico:Slim's Grupo Carso rents
oil rig to Pemex for $415 mln

Slim's CICSA built the Independencia 1 platform

MEXICO CITY
Petroleumworld.com, May 7 2013 .-story

Obama avoided recognizing Venzla
Govt , concerned on democracy

U.S. President Barack Obama

WASHINGTON
Petroleumworld.com, May 7 2013 -story

Obama: U.S. liquified natural gas
exports could help Central America

SAN JOSE
Petroleumworld.com, May 7 2013 -story

Obama: Idea that American held
by Venezuela is a spy 'ridiculous '

Timothy Tracy, US film-maker formally charged in Venezuela over conspiracy claims.

SAN JOSE
Petroleumworld.com, May 6 2013 -story

Venezuela's crude production and
refinery output slipped in 2012

CARACAS
Petroleumworld.com, May 3 2013

Venezuela's oil and fuel production and refinery output slipped, while exports rose slightly in 2012, the oil minister said on Friday. -story

Clashes break out in Venezuela congress

Opposition deputy Julio Borges after
the attack by government legislators

CARACAS
Petroleumworld.com, May 2 2013 -story

Ecuador: President Correa to
name a new oil, finance ministers

Ecuador's President Rafael Correa

QUITO
Petroleumworld.com, May 1 2013 -story

OIL & GAS HEADLINES FROM:

Trinidad &Tobago Brazil

PW PREVIOUS WEEK'S HEADLINES

TODAY'S WORLD OIL HEADLINES

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Petroleumworld`s
Opinion Forum:
viewpoints on issues in energy, geopolitics and civilization

Weekend Lagniappe

Venezuela's oil economy 1999 - 2012

By PW

The following graphs say it all. - story

HBR: Venezuela's economy
in the post-Chavez era

Venezuela's Chance to Escape the "Resource Curse"

By Sarah Green / Harvard Business Review

What's next for Venezuela's economy, in the post-Chavez era? - story

Sunday's
Opinion

Will Hugo Chávez's Revolution Die With Him?

By Alvaro Vargas Llosa

The End of the Latin American Left

The exact condition of Hugo Chávez continues to be a Churchillian riddle wrapped in a mystery inside an enigma. -story - previous stories

Sunday's
Feature

Ecuador :The Fraud Against
ChevronTexaco Continues

By Gustavo Coronel

A former Ecuadorian judge has confessed his complicity in the fraud attempted against ChevronTexaco by a group of Ecuadorian and U.S. adventurers, supported by the government of Rafael Correa. -story - previous stories - see video

Saturday
Lagniappe

Venezuela: Why violate the “Chavez Constitution”?

By Tom O'Donnell

Succession Crisis #2: Chavez’ non-inauguration

The Supreme Court of Venezuela has just made a rather strange decision. .- story - previous stories

 

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