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Petrobras to sell its Argentine oilfields next month

MADRID
Petroleumworld.com, Aug 20, 2014

Petroleo Brasileiro SA (PETR4) , Latin America's largest publicly traded company, will start receiving bids for Argentine oilfields next month, according to a person with direct knowledge of the sale. - story

Morgan Stanley propelled Rosneft to No. 1 until Crimea grab


The former chairman and chief executive of Morgan Stanley, John Mack, resigned from the board of Russia's Rosneft, on May 2014.

WASHINGTON/NEW YORK/MOSCOW
Petroleumworld.com, Aug 19, 2014

Long before the Ukraine crisis ruptured U.S.-Russian relations, Vladimir Putin and his right-hand man, Igor Sechin , hosted then-Morgan Stanley Chief Executive Officer John Mack at an exclusive reception at Putin's Novo-Ogaryovo estate outside Moscow. - story


Lagniappe


Jeff Fick : Brazil: subsalt oil
development begins to make progress

 

 

Raul Gallegos : Beware the rising
cost of Venezuela's oil barrel

 

 


Editor's Mail


We invite all our readers to share with us their views
and comments about the articles on this site.


Write to
editor@petroleumworld.com

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OIL PRICES:
Updated:Aug 20, 2014 09:12 GMT

08/19 OPEC Basket: $98.93

08/15 Venezuela Basket:* $91.95

08/15 Venezuela Basket:** $96.95

08/19 Mexico Basket: $90.06

08/19 NYMEX Natural Gas:
$3.877

08/19 ICE BRENT: $101.56 NYMEX WTI: $94.48

08/19 (Parallel Transf*) BsF/US 82.50-BsF/€110.00

08/20FX 1 Euro=$1.3293 US dollars 09:11 GMT

Closing daily prices / average weekly price*

** Average price for 2014 / *Average Cucuta's price.


 


WEEKS' HEADLINES

Brazil: Investments in energy set to rally over next two years

LONDON
Petroleumworld.com, Aug 18, 2014
- story

IEA: Oil nationalism in reverse amid shale boom

LONDON
Petroleumworld.com, Aug 15, 2014
- story

Colombia's oil and mining boom is over - Central banker


Colombia will produce an average of 981,000 barrels of oil per day this year,
according to Finance Ministry forecasts, down from 1.006 million daily in 2013.

BOGOTA
Petroleumworld.com, Aug 14, 2014
- story

Chavez friends now billionaires after
his death as Venezuela slides into chaos


Hugo Chavez's graphics in Caracas.

CARACAS/SANTIAGO
Petroleumworld.com, Aug 13, 2014
- story

Cuba shifts energy focus after failure in offshore oil find

Reuters/Enrique De La Osa

An oil pump of Cuba's state-run CUPET is pictured, near the coast, on the outskirts of Havana July 11, 2014.

HAVANA
Petroleumworld.com, Aug 12, 2014
- story

China's Dagong : Venezuela downgrade to BB-


China's Dagong rating agency has downgraded Venezuela credit rating from BB+ to BB-

BEIJING
Petroleumworld.com, Aug 11, 2014
- story

U.S. crude oil exports reach 1950s milestone set by Suez tumult

Asianewsphoto

NEW YORK
Petroleumworld.com, Aug 08, 2014
- story

Fracking at subsea next frontier for offshore drilling

HOUSTON
Petroleumworld.com, Aug 08, 2014
- story

Mexico Senate approves fine print to open energy sector

HOUSTON/NEW YORK
Petroleumworld.com, Aug 07, 2014
- story

Venezuela's PDVSA selling CITGO, its worth,
"much more than $10 billion"
- Ramirez


"As soon as we receive a proposal that serves our interests, we will exit Citgo,"
Rafael Ramirez, president of PDVSA. Source: Reuters.

CARACAS
Petroleumworld.com, Aug 06, 2014
- story

Mexico: AES plans $1 billion investment in power generation

MEXICO CITY
Petroleumworld.com, Aug 05, 2014
- story

Pacific Rubiales Executives mull a
company buyout on a defensive move

BOGOTA/SAO PAULO/MEXICO CITY
Petroleumworld.com, Aug 04, 2014
- story

 

$300 millions of Kurdish crude oil in the gulf of Mexico in limbo

LONDON
Petroleumworld.com, Aug 01, 2014
- story

Yukos hunting Rosneft and Gazprom
assets from Venezuela to Vietnam

Getty Images

Yukos' former chief Mikhail Khodorkovsky, left, was arrested at gunpoint in 2003 and convicted of theft and tax evasion in 2005.

MOSCOW
Petroleumworld.com, July 31 2014
- story

Venezuela: Surreal reality often hard to distinguish from satire






How poor folks can survive in those
countries who are not rich, like us ?

CARACAS
Petroleumworld.com, July 30 2014
- story

Mexico: Committees in lower house pass energy reform bills


MEXICO CITY
Petroleumworld.com, July 29 2014
- story

Pemex into its lowest production in more than two decades

MEXICO CITY
Petroleumworld.com, July 28 2014
- story
 

PDVSA evaluating offers to sell Citgo

CARACAS/HOUSTON
Petroleumworld.com, July 25 2014
- story

 

Trinidad &Tobago Brazil


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ISSUES...

Inside, confidential,
off the record

IEA on OPEC

Africa's oil a 40 year
low plunged

Russia, Ukraine
and Putin

El Universal
betting a change

US: Losing faith
in government

Venezuela: Maersk
selling to corrupt
Derwick Oil & Gas?


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LAGNIAPPE

The Institute of The Americas :
Chile: Energy policy:
In search of a rainmaker

Claire Martin : Shaping
a school system in Peru,
from the ground up

Ramon Espinasa :
The rise and fall of PDVSA

William Dalrymple: India:
the Empire strikes back

Pedro van Meurs :
Comments on the proposed hydrocarbon
revenue law of Mexico

Mack McLarty:
It's time to consider
new options in Venezuela

John Holman: Will Venezuela become
a no-fly country?



The Gas Industry
in Venezuela

by The National
Engineering Academy
(Spanish)


EDITOR'S MAIL

Venezuela risks
default if Chavez
wins

Suggestions,
collaborations are
welcome write to us :
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