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PetroVietnam mulls leaving PDVSA orinoco belt joint venture

CARACAS
Petroleumworldve.com 03 26 2015

Vietnam's state oil and gas group PetroVietnam (PVN) is considering selling its 40 percent stake in a joint venture with Venezuelan counterpart Petroleos de Venezuela (PDVSA), according to two sources close to the exploration project. - story

Petroperu to cancel JV with Graña y Montero in two oil blocks

LIMA
Petroleumworldve.com 03 26 2015

Peru wants to cancel state-run energy firm Petroperu's 25 percent stake in two oil blocks that it had planned to develop with conglomerate Grana y Montero, a union leader and industry insider said Wednesday. - story

 

 

 


Editorial Commentary




Lagniappe

 

 


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

 

 

 


Editor's Mail

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and comments about the articles on this site.


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OIL PRICES:
Updated:Mar 26 2015 09:10 GMT

03/25 OPEC Basket: $50.83

03/20 Venezuela Basket:* $43.72

03/20 Venezuela Basket:** $44.76

03/25 Mexico Basket: $45.77

03/25 NYMEX Natural Gas:
$2.723

03/25 ICE BRENT: $56.48 NYMEX WTI: $49.21

03/25 US /BsF 191.02- BsF/ 209.59/ BCV transfer

03/25 US/BsF 246.52 - BsF/€272.00 / Parallel Transf***

03/26 FX 1 Euro=$1.1027 US dollars 09:09 GMT

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


WEEKS' HEADLINES

Femsa a surprise winner from Mexico energy reform


Femsa acquire 227 gas stations, and it's seeking to add even more pumps to complement the Oxxo shops

MEXICO CITY
Petroleumworldve.com 03 25 2015
- story

U.S. bets on Brazil, extends new invitation to Rousseff

Reuters/ Ueslei Marcelino

Brazil's President Dilma Rousseff reacts during the signing ceremony of the Civil Procedure Code at the Planalto Palace in Brasilia March 16, 2015.

SAO PAULO
Petroleumworldve.com 03 25 2015
- story

Chile's Colbun interested in Colombian generator Isagen


ISAGEN generators, Medellin, Colombia

SANTIAGO
Petroleumworldve.com 03 24 2015
- story

Pemex production down 7.8% in so far this year



MEXICO CITY
Petroleumworldve.com 03 24 2015
- story

OPEC would not take responsibility for declining oil price -Naimi

Bloomberg/Vladimir Weiss

Ali al-Naimi, Saudi Arabia's oil minister, said the country is able to meet demand from any customer. The world's biggest exporter is pumping about 10 million barrels of crude a day, close to the record amount produced in 2013.

RIYADH
Petroleumworldve.com 03 23 2015
- story

Pemex's woes reverberate in oil states as bond swoon deepens


A LatinFinance conference in Mexico City on March 18. State governments “have to plan for a 2016 in which it's highly probable they'll have less revenue.”

MEXICO CITY
Petroleumworldve.com 03 23 2015
- story

Oil slide forces Ecuador to pay up on latest bond sale

NEW YORK
Petroleumworldve.com 03 20 2015
- story

U.S. oil export debate has now spread to geopolitics

AP/Bloomberg

The energy boom is good for America and the world. It would be nice if Barack Obama helped a bit - The Economist

NEW YORK
Petroleumworldve.com 03 20 2015
- story

Lower oil prices to ease Petrocaribe bills, curb financing access: IMF

CARACAS
Petroleumworldve.com 03 19 2015
- story

Colombian oil sector income to take a 60 pct dive in 2015

CARACAS
Petroleumworldve.com 03 19 2015
- story

Brazil's opposition calls for Rousseff probe in Petrobras corruption scandal

Reuters/Paulo Whitaker

Brazil's Petrobras scandal has finally reached Dilma Rousseff's inner circle.

SAO PAULO
Petroleumworldve.com 03 18 2015
- story

Pacific Rubiales bonds sink with shares as oil field contract not renewed


Rubiales to Ecopetrol

BOGOTA
Petroleumworldve.com 03 18 2015
- story

Venezuela ordered to pay Tidewater $46 million for vessels seized by PDVSA

CARACAS
Petroleumworldve.com 03 17 2015
- story

Mexico-Guatemala-Honduras 400 miles gas pipeline in the works


Mexican President signed a series of regional agreements with the leaders of Guatemala and Honduras.

MEXICO CITY
Petroleumworldve.com 03 17 2015
- story

Pacific Rubiales out of Colombia's main oil field by 2016

BOGOTA
Petroleumworldve.com 03 16 2015
- story

Venezuela's currency is a boon to Colombia's smugglers

CUCUTA, Colombia
Petroleumworldve.com 03 16 2015
- story

 

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ISSUES...

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Rubiales no way out?

Euro a bear

Exxon's potential
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Be aware of Putin

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LAGNIAPPE

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Nemtsov died alone

David Smilde and
Michael McCarthy :
Chavismo under
pressure: Economic
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Trinidad & Tobago:
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Year in Review 2014
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John Kemp: Oil price
war inflicts collateral
damage in Latin America

Kenneth Rapoza: How new
Petrobras CEO stacks up
against his global peers

Paul Mason: ‘Hope
begins today':
the inside story of
Syriza's rise to power

Colin Chilcoat: China in
pursue of Latin American
oil



The Gas Industry
in Venezuela

by The National
Engineering Academy
(Spanish)


EDITOR'S MAIL

Venezuela risks
default if Chavez
wins

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