Petrobras On Refinery Sales Deadlines
(Petrobras, 30.Jul.2021) — Petrobras has celebrated a new addendum to the Term of Commitment to Cessation (TCC) signed with the Administrative Council for Economic Defense (CADE), with the purpose of...
CSI Compressco Reports 2Q:21 Results
(CSI Compressco, 30.Jul.2021) — CSI Compressco LP (NASDAQ: CCLP) announced second quarter 2021 results. Second Quarter 2021 Summary: Total revenues for the second quarter 2021 were $69.8mn, compared to $65.7mn...
![Perenco CEO Benoît de la Fouchardière Talks Trinidad [Q&A]](https://energy-analytics-institute.org/wp-content/uploads/2020/12/perence-platform-trinidad-768x457.jpg)
Perenco CEO Benoît de la Fouchardière Talks Trinidad [Q&A]
(Energy Analytics Institute, 30.Jul.2021) — Perenco’s CEO, Benoît de la Fouchardière responded to questions from Energy Analytics Institute (EAI) about its operations in Trinidad and Tobago. What follows are highlights...
YPF Announces Management Changes
(Energy Analytics Institute, 30.Jul.2021) — Argentina’s state entity YPF Sociedad Anónima announced several changes in the first level of its senior management structure. YPF revealed the details on 30 July...
Gold Fields’ 1H:21 Trading Statement
(Gold Fields, 30.Jul.2021) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2021 (H1 2021) are expected to be...
Chevron Reveals 2Q:21 Results
(Energy Analytics Institute, 30.Jul.2021) — Chevron Corporation (NYSE: CVX) reported earnings of $3.1bn or $1.60 per share - diluted for second quarter 2021 (2Q:21) compared to a loss of $8.3bn...
Petrobras Inks Deal To Divest Power Companies
(Petrobras, 29.Jul.2021) — Petrobras, following up on the release disclosed on 11 September 2020, signed contracts for the sale of its 20% stakes in Termelétrica Potiguar S.A. (TEP) and 40%...
NASA’s 10th Space Apps Challenge
(NASA, 29.Jul.2021) — To mark the 10th International Space Apps Challenge, the largest annual global hackathon in the world, NASA is collaborating with nine space agency partners to bring the event...
Tempers Flare At Online Guyana Gas Forum
(NewsAmericas, 29.Jul.2021) — Tempers flared and the temperature escalated as the Guyana EPA, Ministry of Natural Resources and the Gas-to-Shore project were under fire recently. As participants asked a multiplicity...
bpTT: Gas Forecast ‘Subject To Change’
(Trinidad and Tobago Newsday, 29.Jul.2021) — Energy company bpTT on Wednesday expressed concern and disappointment over a newspaper report which claimed there would be a major shortfall in natural gas...
S&P: We Expect Oil, Gas Output To Rise
(Trinidad Express, 29.Jul.2021) — Rating agency Standard and Poor's says it expects T&T’s oil and natural gas production to rise next year. But the rating agency, which assessed T&T as...
![Canadian Solar Reveals Sustainability Report [PDF download]](https://energy-analytics-institute.org/wp-content/uploads/2020/03/canadian-solar-us-hq-1-768x469.jpg)
Canadian Solar Reveals Sustainability Report [PDF download]
(Canadian Solar, 29.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) announced the release of its 2020 Sustainability Report, which presents the company's commitments, progress and achievements towards contributing to a better and...
Ecopetrol Opposes Injunctive Related To ISA
(Ecopetrol, 29.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol;NYSE: EC) reports that on 28 July 2021, it filed a statement in opposition to the preliminary injunctive relief requested within a public action (acción...
Ecopetrol To Host 2Q:21 Conf. Calls
(Energy Analytics Institute, 29.Jul.2021) — Colombia’s state oil giant Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) will release its financial and operating results for the second quarter of 2021 (2Q:21) on 3...
Frontera To Host 2Q:21 Results Conf. Call
(Energy Analytics Institute, 29.Jul.2021) — Frontera Energy Corporation (TSX: FEC) plans to release its second quarter 2021 (2Q:21) results after markets close on 11 August 2021. A conference call for...
TotalEnergies Exits Petrocedeño JV In Venezuela
(TotalEnergies, 29.Jul.2021) — TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño S.A. to Corporation Venezonala de Petróleos (CVP), an affiliate...
TotalEnergies Reveals Another Well In Suriname’s Block 58
(TotalEnergies, 29.Jul.2021) — TotalEnergies and Apache Corporation encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname. This announcement follows previous discoveries at Maka Central,...
Equinor Sales Faja Stake To CVP
(Equinor, 29.Jul.2021) — Equinor and state-owned Petróleos de Venezuela (PDVSA) have completed a transaction whereby Equinor will transfer its 9.67% non-operated interest in the Petrocedeño project onshore Venezuela to Corporación...
WoodMac On Guyana And Suriname Exploration
(WoodMac, 29.Jul.2021) — Wood Mackenzie’s Latin America upstream senior analyst Luiz Hayum commented on the latest exploration results offshore Guyana and Suriname: “In a year thin of deepwater discoveries, Guyana...
LatAm Briefs: Train 1 Mothballing, CVP Appointments
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, Hess reports 2Q:21 results, Trinidad...
ExxonMobil Reveals Oil Find At Whiptail
(ExxonMobil, 28.Jul.2021) — ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high...
S&P Upgrades Petrobras’ Credit Profile
(Petrobras, 28.Jul.2021) — Petrobras informs that the rating agency S&P Global Ratings raised its stand-alone credit profile (intrinsic risk) by one notch, from "bb" to "bb+". The agency affirmed the...
Petrobras Inks Contract To Divest Gaspetro
(Petrobras, 28.Jul.2021) — Petrobras, following up on the releases disclosed on 10 June 2020 and 30 December 2020, informs that it has signed a contract with the company Compass Gás...
Petrobras On Favorable Labor Lawsuit
(Petrobras, 28.Jul.2021) — Petrobras informs that, on this date, it became aware of a favorable decision handed down by the Minister Reporter of the Federal Supreme Court, in appeals filed...
Hess Corp.’s Transcript For Its 2Q:21 Results Call
(Seeking Alpha, 28.Jul.2021) — The earnings call transcript from Hess Corporation’s (NYSE:HES) second quarter 2021 earnings conference call on 28 July 2021. Corporate Participants Jay Wilson - VP, Investor Relations...
Weatherford Reveals 2Q:21 Results
(Weatherford, 28.Jul.2021) — Weatherford International plc (NASDAQ: WFRD) announced its results for the second quarter of 2021. Revenues for the second quarter of 2021 were $903mn, an increase of 9% sequentially...
Oceaneering Reports 2Q:21 Results
(Oceaneering, 28.Jul.2021) — Oceaneering International, Inc. (NYSE:OII) reported net income of $6.2mn, or $0.06 per share, on revenue of $498mn for the three months ended 30 June 2021. Adjusted net income was...
Arctech Delivers 575MW SkySmart II Trackers In North China
(Arctech, 28.Jul.2021) — Arctech (SSE-STAR: 688408), the world's leading tracking, racking, and BIPV solutions provider, announced that it had delivered SkySmart II tracking system to a 575MW agriculture-sharing solar project...
Hess Reveals Oil Find At Whiptail-1
(Hess, 28.Jul.2021) — Hess Corporation (NYSE: HES) announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net...
MEEI Minister Delivers Address At Atlantic LNG Event
(MEEI, 27.Jul.2021) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister The Honourable Stuart R. Young M.P delivered the feature address at...
Guyana Revives Hydro Project
(Trinidad Express, 27.Jul.2021) — The Guyana government says it is seeking to revive the 165 Megawatts (MW) Amaila Falls Hydropower project (AFHP) and hoping to start construction in 2022 with...
![Andrés Pastrana Talks Of Colombia Situation [Video]](https://energy-analytics-institute.org/wp-content/uploads/2021/08/Dionisio-Gutierrez-meets-with-Andres-Pastrana-768x432.jpg)
Andrés Pastrana Talks Of Colombia Situation [Video]
(Fundación Libertad y Desarrollo, 27.Jul.2021) — Dionisio Gutiérrez, President of Fundación Libertad y Desarrollo, recently met with the former president of Colombia, Andrés Pastrana, and discussed the political situation in...
Central America’s Private Sector Plays A Big Role In Corruption, Too
(World Politics Review, 27.Jul.2021) — The word corruption tends to evoke images of self-dealing politicians and bureaucrats, and for good reason. In Central America, graft is so endemic among public...
Canadian Solar Raises $100mn To Support Brazil Project Portfolio
(Canadian Solar, 27.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) closed a BRL 500mn (approximately $100mn) financing facility with Brazilian banks BTG Pactual and Itaú BBA. Canadian Solar will use the...
Nabors Reports 2Q:21 Results
(Nabors, 27.Jul.2021) — Nabors Industries Ltd. (NYSE: NBR) reported second quarter 2021 operating revenues of $489mn, compared to operating revenues of $461mn in the first quarter of 2021. The net...
Wellesley In Asset Swap With Equinor
(Wellesley Petroleum, 26.Jul.2021) — Wellesley Petroleum AS and Equinor Energy AS signed a Sale and Purchase Agreement covering several development assets on the Norwegian Continental Shelf. The transaction is as follows: Equinor...
JinkoSolar Selected As An Eco-Leader
(JinkoSolar, 26.Jul.2021) — JinkoSolar Holding Co., Ltd. has been selected as an "Eco-Leader" by Green Builder® Media for the third time. Green Builder® Media selects Eco-Leaders every year as a way...
China Private Oil Refiner Dodged $2bn Tax
(Bloomberg, 26.Jul.2021) — A report by China’s state-run newspaper has singled out independent oil refiner Hengli Petrochemical Co. for allegedly skirting taxes in a move that could prompt more government scrutiny of...
Talos Updates On Recent Drilling
(Talos, 26.Jul.2021) — Talos Energy Inc. (NYSE: TALO) announced preliminary production estimates for the second quarter of 2021, successful first production from the company's Tornado Attic well and successful drilling...
Shell Invests In GOM Whale Development
(Shell, 26.Jul.2021) — Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, announces the final investment decision (FID) for Whale, a deep-water development in the U.S. Gulf of Mexico...
bp Announces Cassia C Installation
(bpTT, 26.Jul.2021) — bp Trinidad and Tobago LLC (bpTT) announced the installation of the topsides of its Cassia Compression (Cassia C) platform off Trinidad’s east coast. The installation marks a significant milestone in...
KBR Inks Lithium Process Deal With Neo Lithium Corp.
(KBR, 26.Jul.2021) — KBR (NYSE: KBR) has been awarded a contract by Neo Lithium Corp. in Argentina for its Tres Quebradas Lithium Project ("3Q Project"). Under the terms of the...
China Crackdown Could Knock Oil Import Growth
(Reuters, 23.Jul.2021) — Beijing's crackdown on the misuse of import quotas combined with the impact of high crude prices could see China's growth in oil imports sink to the lowest...
Sanctioned Citgo At Disadvantage To Rivals
(Reuters, 23.Jul.2021) — Sanctions barring U.S. imports of Venezuelan crude put refiner Citgo Petroleum Corp at a disadvantage to better-financed rivals, the board chair named by Venezuela's political opposition for...
Venezuelans Enduring Day-Long Waits to Fill Gasoline Tanks
(Bloomberg, 23.Jul.2021) — Venezuela’s capital city is once again rationing gasoline after output at state-owned refineries slumped, forcing motorists to endure day-long queues to top off tanks. Shortages have returned...
Zacatecas Silver Reveals DTC Eligibility
(Zacatecas, 23.Jul.2021) — Zacatecas Silver Corp.’s (TSXV: ZAC) (OTC: ZCTSF) (FSE: 7TV) common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United...
Solaris Files La Verde Technical Report
(Solaris, 23.Jul.2021) — Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) announces the filing of a technical report for La Verde further to its news release of 12 May 2021. As...
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable projects identified by Colombia’s Ecopetrol...
Venezuela Snubs Sanctions With Oil Import
(Bloomberg, 22.Jul.2021) — Venezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the Maduro regime’s grip on power....
China’s CCPC Takes Center Stage In Iran
(Reuters, 22.Jul.2021) — A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington...
Shell Delivers First Natural Gas From Barracuda Project
(Shell, 22.Jul.2021) — Shell Trinidad and Tobago (through BG International, a subsidiary of Royal Dutch Shell plc) today announces that production has started on Block 5C in the East Coast...
bp Acquires AI-driven Open Energi
(bp, 22.Jul.2021 ) — bp acquired UK-based digital energy business Open Energi. The company’s digital platform uses real-time data to optimise the performance of energy assets. It can generate savings...
Petrobras Highlights 2Q:21 Output, Sales
(Petrobras, 22.Jul.2021) — In 2Q21, Petrobras continued to operate safely and had a solid operating performance, despite the persistence of the pandemic scenario. The average production of oil, NGL and...
AbraSilver Resource Corp Joins OTCQX
(OTC Markets Group, 21.Jul.2021) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced AbraSilver Resource Corp (TSX-V: ABRA; OTCQX: ABBRF), silver-gold...
Hess Corp. Sets New Emission Reduction Targets
(Hess, 21.Jul.2021) — Hess Corporation announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on environmental, social and governance (ESG)...
US Extends Protection For Citgo
(Reuters, 20.Jul.2021) — The United States on Tuesday extended a measure protecting Venezuelan-owned U.S. refiner Citgo Petroleum Corp PDVSAC.UL from bondholders seeking a stake in the company to collect on...
![US Extends Citgo Protection [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/06/1200x627-ofac-lifts-sanctions-on-defense-minister-akar-as-us-turkey-tensions-ease-1581442611039-768x401.jpg)
US Extends Citgo Protection [PDF Download]
(Department of the Treasury, 20.Jul.2021) — The Office of Foreign Assets Control (OFAC) issued the following update to General License No. 5G related to PDVSA and Citgo Petroleum. Venezuela Sanctions...
CEOs Call For G20 To ‘Get Serious’ About Renewables
(GWEC, 19.Jul.2021) — The leading CEOs of the global wind industry have united to call on G20 members to show leadership in the climate crisis by raising national ambitions and...
Brazilian Gas Availability Up 4.5% In June
(Argus, 19.Jul.2021) — The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from a year earlier and by...
Petrotrin Pension Plan In Deficit
(Trinidad Express, 19.Jul.2021) — Most members of the Petrotrin Employees Pension Plan are in danger of not receiving their full pension benefits due to a $1.6 billion deficit in the...
BP: No Gas For Train 1
(Trinidad Express, 19.Jul.2021) — Energy major BP said there is no “ongoing fight” between itself and the minority shareholder of Atlantic, Royal Dutch Shell. In a statement issued late yesterday,...
Big Energy Fights Over Atlantic
(Trinidad Express, 18.Jul.2021) — No definitive decision has as yet been taken to mothball Atlantic Train I, industry insiders have said. According to these insiders, reports of the plant being...
Trinidad’s MEEI Reflects On Atlantic LNG Train 1
(MEEI, 17.Jul.2021) — The Government has been in discussions with all of the shareholders of Atlantic LNG for months with respect to the future of Atlantic LNG. These discussions are...
bp To Send Carbon Offset LNG To Energía Costa Azul
(bp, 16.Jul.2021) — bp Gas Marketing Limited (bpGM), Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), entered into a contract for the delivery and receipt of the companies’...
Atlas Renewable, Unipar Ink PPA In Brazil
(Atlas Renewable, 16.Jul.2021) — Atlas Renewable Energy, an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South America, announced today the signing...
Frontera Reveals Expected 2Q:21 Production Results
(Frontera, 16.Jul.2021) — Frontera Energy Corporation (TSX: FEC) expects second quarter production results and updated its production guidance for 2021. Second Quarter and First Half 2021 Production Update Frontera expects...
Korea National Oil Paying Fines In Peru
(Business Korea, 16.Jul.2021) — Korea National Oil Corp. (KNOC), POSCO International and SK Innovation paid a fine of billions of won to the Peruvian government in withdrawing from Block 8 for...
Vale Gets Permission To Import LNG
(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil's energy regulator, to import LNG for its own industrial uses. The company has...
Excelerate Energy, Snam, And Albgaz Sign MOU To Pursue New Gas Pipeline
(Excelerate, 15.Jul.2021) — Excelerate Energy L.P., Snam S.p.A, and Albgaz Sh.a signed a Memorandum of Understanding (MOU), in Tirana, Albania, to explore potential cooperation for the construction of a natural...
ANP Authorizes To Import LNG
(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency (ANP) will allow Vale to...
Cyprus Emerges As sanctions Workaround For Venezuela
(Lloyd’s List, 14.Jul.2021) — Until last year, Greek shipowners accounted for 80% of crude lifted from Venezuela, undeterred by US sanctions. Then, six vessel-owning companies connected with four prominent owners...
Petrobras Finalizes Sale Of Rio Ventura Cluster
(Petrobras, 14.Jul.2021) — Petrobras, following up on the release disclosed on 21 August 2020, informs that today it has concluded the sale of its total interests in eight onshore exploration...
Italian Court Accepts Extradition Request For Former Minister Ramirez
(Reuters, 14.Jul.2021) — An Italian court on Wednesday approved an extradition request for Venezuela’s former Oil Minister Rafael Ramirez, who is charged with corruption, Venezuelan state television said. Authorities in...
Bolsonaro Authorizes Eletrobras Privatization
(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of state-owned electric utility company Eletrobras,...
Citgo Dismisses LPG Supply Plan For Venezuela
(Argus, 13.Jul.2021) — Citgo, the US refining arm of Venezuelan state-owned PdV, told Argus it has no immediate plan to supply LPG to Venezuela under new US authorization for sale of the...