Erwin Cifuentes

Latest articles from Erwin

• Post-Election Oil Prices: Can We Expect A Plunge?

  Published 08 November 2016 | viewed 46,164 times

  On Tuesday November 8, millions of voters will head to the polls in the United States to choose who will be the next president. That…

• Brazil Oil And Gas Production Reach Record Highs In September

  Published 05 November 2016 | viewed 21,113 times

  The Brazilian government on Friday reported that its oil and gas production rose to record levels in September with a total oil equivalent of 3.36…

• Venezuelan Crude Exports To U.S. Nosedive By 23 Percent

  Published 04 November 2016 | viewed 16,051 times

  Export of crude oil from Venezuela to the United States (US) plummeted by 23 percent in October, according to Thomson Reuters trade flows data published…

• Shell: Peak Oil Demand Could Be Reached In 2021

  Published 03 November 2016 | viewed 31,517 times

  A senior executive for Royal Dutch Shell claimed demand could reach its peak as early as 2021, which is much sooner than anticipated by other…

• Feds To Examine SpaceX Over Possible Impact On Future LNG Terminals

  Published 01 November 2016 | viewed 9,944 times

  Federal authorities in the United States will look into the possible effects of a failed rocket launch by SpaceX on the planned construction of liquid…

• Libya, Nigeria Boost OPEC Output To Record Levels

  Published 01 November 2016 | viewed 11,969 times

  According to an analysis by Reuters published on Monday, oil production among the Organization of the Petroleum Exporting Countries (OPEC) will likely reach another record…

• Anonymous Threatens Governor Over Dakota Access Protests

  Published 31 October 2016 | viewed 17,271 times

  Hacktivist collective Anonymous has reportedly issued a strong warning against North Dakota Governor Jack Dalrymple in relation to the protests against the Dakota Access pipeline…

• Shell To Resume Exports From Terminal Attacked By Militants

  Published 25 October 2016 | viewed 6,180 times

  The Nigerian presidency on Tuesday issued a statement affirming that Royal Dutch Shell will resume exports from the Forcados terminal in the Niger Delta region.…

• Protesters Rally In Canada Against Trans Mountain Pipeline Extension

  Published 25 October 2016 | viewed 8,290 times

  Approximately one hundred people gathered on Monday in the Canadian capital city of Ottawa to protest against the planned expansion of the Trans Mountain oil…

• Iraq To Offer Oil Fields Directly To Foreign Firms

  Published 24 October 2016 | viewed 6,629 times

  The Iraqi oil ministry will negotiate directly with international oil companies (IOCs) and consortiums in the upcoming bidding of a dozen small- to medium-sized fields…

• Zeits: Natural Gas Output In U.S. Will Dip in 2016

  Published 17 October 2016 | viewed 8,742 times

  Average natural gas production in the mainland United States (US) is expected to fall for “the first year in a long while,” wrote energy industry…

• Twin Explosions Rock German BASF Chemical Facilities

  Published 17 October 2016 | viewed 6,582 times

  At least one person died and six are missing following an explosion and fire at BASF’s biggest production site in Germany, Reuters reported on Monday.…

• Kuwait Forms A US$6 Billion National Oil Firm

  Published 12 October 2016 | viewed 13,033 times

  The Kuwaiti government gave the go-ahead to a request by the Kuwait Petroleum Corporation (KPC) to create what would be the country’s largest oil company,…

• Wikileak: Clinton Told Oil Majors Environmentalism Is Russian Hoax

  Published 10 October 2016 | viewed 50,166 times

  In 2014, United States presidential candidate Hillary Clinton purportedly accused the Russians of running fake anti-fracking and environmentalist groups who were trying to upend major…

• Agreement Reached On Turkish Stream Gas Pipeline Project

  Published 10 October 2016 | viewed 6,505 times

  The leaders of Russia and Turkey on 10 October 2016 officially signed an agreement on the construction of the Turkish Stream gas pipeline project. Russian…

• Repsol Provides US$1.2 Billion For Venezuelan Joint Venture

  Published 07 October 2016 | viewed 20,440 times

  Venezuela’s lagging oil industry may have received a much-needed boost from Repsol after accepting a US$1.2 billion credit line for a Petroquiriquire joint venture between…

• U.S. Natural Gas Futures Reach 21-Month Peak

  Published 07 October 2016 | viewed 22,198 times

  Natural gas futures in the United States (US) on 7 October rose to its highest point since June 2015 as investors anticipate a boost in…

• Energy firms Earn $316 Billion Since Oil Price Hit Floor In February

  Published 06 October 2016 | viewed 7,840 times

  The thirty-six energy firms on the Standard & Poor's 500 (S&P 500) list have gained US$316 billion in market value since West Texas Intermediate crude…

• Scottish Ministers Reject Coal Gasification Plans

  Published 06 October 2016 | viewed 5,398 times

  The government of Scotland on 6 October requested the revoking of six licenses to fund underground coal gasification (UCG), citing concerns from analysts over possible…

• Colombia’s ELN Rebels Accused Of Bombing 220,000 Bpd Oil Pipeline

  Published 05 October 2016 | viewed 6,512 times

  Colombian military authorities believe the ELN, the country’s second-largest guerilla army, was behind the bombing of the Caño Limón-Coveñas oil pipeline on Tuesday morning. As…