Energy Latam Blog | 2015 Dec | W1

Originally Published: 01 December 2015 Note: The new version of ELB’s site will be available in the coming days! Please excuse any site outages and enjoy the below Weekly Highlights. Questions or requests? claudia.espinosa@energylatamblog.com La versión nueva del sitio ELB estará disponible en los próximos días! Favor de disculpar cualquier interrupción. Espero que les gusten los Weekly Highlights para […]

Energy Latam Blog | 2015 Nov | W3

Mexico This week, the Mexican Energy Secretariat is accepting bids in its first electricity market auction since the restructuring of the Mexican electricity sector in 2013. Winners will be awarded 15-year contracts for generation projects and 20-year clean energy licenses (CELs). They will be announced at the end of March 2016 (Spanish). TransCanada now has […]

Petrobras strike losses mount, union blocks ‘contingency plan’

Petrobras said Friday it has managed to reduce the impact of an open-ended strike by implementing a contingency plan even as workers occupy some of its facilities. In line with expectations, the loss of production on November 4 was… http://petroglobalnews.com/2015/11/petrobras-strike-losses-mount-union-blocks-contingency-plan/

Petrobras cancels oil strike talks, union vows escalation

Brazil’s state-controlled oil producer Petroleo Brasileiro SA canceled talks with union leaders that were planned for Tuesday and aimed at settling a strike that is now in its ninth day. Members of oil union FUP have been on strike at Petrobras, as the company is known, since Nov. 1 in the biggest… https://bakken.com/news/id/247896/petrobras-cancels-oil-strike-talks-union-vows-escalation/

Only Ten Workers Remain at Petrobras Plant During Strike

While Petrobras officials and union leaders negotiate a deal to end a two-week national strike, approximately ten oil workers remain on call at a São Paulo refinery, working overtime to keep machines in operation. According to news reports from Globo, approximately thirty workers, from the Presidente Bernardes Refinery in São Paulo state, were not… http://riotimesonline.com/brazil-news/rio-business/workers-remain-at-petrobras-plant-during-strike/#

Petrobras Q3 Preview: Company Plagued By Internal And Macroeconomic Problems, Will Remain So In Near Term

Petrobras will release its third quarter earnings report on November 12. The company has had a rough ride in the last few months, facing roadblocks in the form of various internal and macroeconomic headwinds. Petrobras is currently experiencing the crippling effects of… http://www.trefis.com/stock/pbr/articles/322279/petrobras-q3-preview-company-plagued-by-internal-and-macroeconomic-problems-will-remain-so-in-near-term/2015-11-11

Oil ends down 4 percent; dollar, gasoline and crude build weigh

Crude oil futures fell 4 percent on Wednesday, wiping out gains from the previous day’s rally, as a strong dollar, tumbling gasoline prices and rising U.S. crude inventories bore down on the market. Adding to bearish sentiment was… http://www.reuters.com/article/2015/11/04/us-global-oil-idUSKCN0ST07920151104#8xwYbAkubIXR1voP.97

Brazil’s Petrobras buys gasoline from Braskem in November

Brazil’s state-controlled oil company Petróleo Brasileiro SA agreed to buy 82,000 cubic meters (515,764 barrels) of gasoline from Braskem SA in November, bolstering supplies of the fuel as Petrobras faces its biggest… http://af.reuters.com/article/commoditiesNews/idAFL1N12Z3WH20151104

Brazil’s Stocks Halt Two-Day Rally as Petrobras Sinks on Strike

The Ibovespa dropped for the first time in three days as state-run oil producer Petroleo Brasileiro SA slumped after saying that a strike is cutting its output. Energy shares on the MSCI Brazil Index sank the most among 10 industries… http://www.bloomberg.com/news/articles/2015-11-04/brazil-stocks-rise-to-three-week-high-on-improving-sentiment

Oil Workers Union Strike Hurt Production, Brazil’s Petrobras Says

Turmoil at Brazil’s state-run oil company Petroleo Brasileiro SA deepened late Tuesday, as the company said a strike by Brazil’s biggest oil workers union stopped a significant amount of oil and gas production, and that the company’s alternate board chairman was stepping down just… http://www.wsj.com/article_email/oil-workers-union-strike-hurt-production-brazils-petrobras-says-1446601321-lMyQjAxMTE1ODA0NTAwNTU4Wj