Petrobras Inks Deal to Divest Potiguar Cluster
(Petrobras, 31.Jan.2022) — Petrobras, following up on the release disclosed on 28 January 2022, informs that it signed today with the company 3R Potiguar S.A., a wholly owned subsidiary of...
Iranian Oil Tanker to Discharge 2 mln Barrels in Venezuela
(Reuters, 31.Jan.2022) — An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run oil company PDVSA's main oil port, according to a company...
Peru Bans Repsol from Unloading Oil until Further Notice after Spill
(Reuters, 31.Jan.2022) — Peru Environment Minister Ruben Ramirez said on Monday the government will temporarily suspend Repsol's (REP.MC) offshore oil unloading operations following a spill of over 10,000 barrels that has caused...
DeNovo Completes Zandolie Platform Fabrication
(MEEI, 31.Jan.2022) — DeNovo Energy Limited announced the completion of the local fabrication of the platform for its 2nd offshore field development, Zandolie. To mark the occasion, DeNovo hosted the Minister...
Frontera and CGX Find Oil at Kawa-1 Well Offshore Guyana
(Frontera, 31.Jan.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced that the Joint Venture has...
NRGBriefs: De Novo Prepares Zandolie’s Subsea Structure
(Energy Analytics Institute, 31.Jan.2022) — Energy briefs including EP PetroEcuador and Abastecedora Ecuatoriana de Combustibles S.A. (ABASTIBLES S.A.) signing a petroleum products contract; shares of Frontera Energy and CGX Energy...
Orvana to Amend Technical Report for Don Mario Property in Bolivia
(Orvana, 30.Jan.2022) — Orvana Minerals Corp. (TSX: ORV) is issued the following details regarding its disclosure on the Don Mario Property. On 30 December 2020, the company filed a technical report effective 30...
Italy Top Court: Venezuela’s Ex-oil Czar Can’t be Extradited
(AP, 28.Jan.2022) — Italy’s highest court confirmed Friday that Venezuela’s former oil czar cannot be extradited to face corruption charges at home because of his country’s record in violating human...
Canacol Energy Reveals Block Purchase Under Normal Course Issuer Bid
(Canacol, 28.Jan.2022) — Canacol Energy Ltd. (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) purchased 5,307,700 Common Shares for CAD$3.15 per share under its normal course issuer bid (the “NCIB”), relying on the block purchase...
Petrobras Cancels Braskem Public Offering
(Petrobras, 28.Jan.2022) — Petrobras, following up on the releases disclosed on 16 December 2021 and 17 January 2022, informs that, together with NSP Investimentos SA – In Judicial Recovery, communicated...
Petrobras on Urucu Cluster Divestment
(Petrobras, 28.Jan.2022) — Petrobras, following up on the releases disclosed on 7 December 2020 and 1 February 2021, informs that it has unsuccessfully concluded negotiations with Eneva S.A. for the...
Petrobras Proved Reserves Reach 9.9 BN BOE in 2021
(Petrobras, 28.Jan.2022) — Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 9.88 billion barrels of oil...
Colombia Front-Runner Petro’s No-More-Oil Pledge Sinks Ecopetrol Bonds
(Bloomberg, 28.Jan.2022) — Gustavo Petro, the front-runner to win Colombia’s presidential election in May, has repeatedly vowed he will halt oil drilling the day he takes office. To some observers,...
SSR Mining Reports Fatal Vehicle Accident Near Puna in Argentina
(SSR Mining, 28.Jan.2022) — SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) regrets to report a fatal vehicle accident involving an employee of the company. The accident occurred on a...
Wärtsilä to Decarbonise Gold Mine Power Station in Suriname
(Wärtsilä, 27.Jan.2022) — The technology group Wärtsilä will supply a 7.8-megawatt (MW) / 7.8-megawatt hour (MWh) energy storage system to a leading gold mining company to help achieve its climate...
NRGBriefs: Argentina’s Energy Secretariat and ENARGAS Talk Energy
(Energy Analytics Institute, 27.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat Darío Martínez chatting w/ ENARGAS’ Federico Bernal Hermitte to discuss actions necessary to strengthen the energy sector; and the...
Caribbean Sustainable Energy Conference: Day 3 Highlights
(Energy Analytics Institute, 26.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from...
![NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/GUY_budget-2022-speech-header.jpg)
NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]
(Energy Analytics Institute, 26.Jan.2022) — Energy briefs including Chile’s Enap planning to invest $111.2mn in its Aconcagua Refinery; Guyana's budget speech for the fiscal year 2022 by Dr. Ashni K....
Peru Considers Imposing Sanctions on Repsol Over Massive Oil Spill
(Reuters, 26.Jan.2022) — Peru's Prime Minister Mirtha Vásquez said on Monday the government was looking at sanctioning a major local refinery owned by Spanish energy firm Repsol after an oil...
Southern Cone Power Markets Primed for Dynamic Year
(WoodMac, 26.Jan.2022) — Last year proved how dynamic the gas and power markets in the Southern Cone are. And many uncertainties will be carried to 2022, especially regarding the extent...
Guyana Budget 2022 Speech Highlights [PDF Download]
(Energy Analytics Institute, 26.Jan.2022) — Highlights from the budget speech by Guyana’s Honourable Dr. Ashni K. Singh, M.P. Senior Minister in the Office of the President with Responsibility for Finance...
![Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/hess-hq-1-houston-energy-analytics-institute-768x576.jpeg)
Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]
(Hess, 26.Jan.2022) — Hess Corporation (NYSE: HES) reported net income of $265mn, or $0.85 per share, in the fourth quarter of 2021, compared with a net loss of $97mn, or...
Caribbean Sustainable Energy Conference: Day 2 Highlights
(Energy Analytics Institute, 25.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from...
Phoenix Park Buys Texas Terminal
(Phoenix Park, 25.Jan.2022) — On 21 January 2022, Phoenix Park Energy Marketing LLC (PPEM), a wholly owned subsidiary of Phoenix Park Gas Processors Limited (PPGPL), completed its acquisition of an...
Powin Selects Celestica to Manufacture Its Next-Generation Energy Storage System
(Powin, 25.Jan.2022) — Powin LLC has selected Celestica Inc. to assemble its Centipede battery energy storage platform in Celestica's Monterrey, Mexico facility. Full production will begin in Q2 2022. Celestica's facility in Mexico is located in close proximity...
The MEEI Executes a Heads of Agreement for Atlantic LNG Restructuring
(MEEI, 25.Jan.2022) — The Honourable Stuart R. Young, M.P., Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister announced the execution by the Government,...
NRGBriefs: ExxonMobil’s Results Call, GoldMining Appointment
(Energy Analytics Institute, 25.Jan.2022) — Energy briefs including ExxonMobil’s results call; and GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) appointing Eric Chen as Director of Mineral Resources for the co. NORTH...
Petrobras on Albacora and Albacora Leste Divestment
(Petrobras, 25.Jan.2022) — Petrobras, in relation to the pieces of news in the media about the postponement of the signing of the contracts for the sale of the Albacora and...
Equinox Gold Says Production Increasing to 625,000 to 710,000 Ounces of Gold
(Equinox Gold Corp, 25.Jan.2022) — Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) announces 2022 production guidance of 625,000 to 710,000 ounces of gold, increasing from 2021 production of 602,100 ounces...
Hess Announces 2022 E&P Capital and Exploratory Budget
(Hess, 25.Jan.2022) — Hess Corporation (NYSE: HES) announced a 2022 Exploration & Production capital and exploratory budget of $2.6bn, of which approximately 80% will be allocated to Guyana and the Bakken. Net production is...
LongPath Technologies Advances DOE-Funded Methane Mitigation
(LongPath Technologies, 25.Jan.2022) — LongPath Technologies, Inc. is advancing its groundbreaking Basin-SCAN continuous methane monitoring and abatement technology across the Texas and New Mexico Permian Basin oil and gas fields. A year...
Trinidad Reveals Emissions Reduction Plans by 2030
(Trinidad Planning and Development Minister Camille Robinson-Regis, 25.Jan.2022) — It is my pleasure to address you at the Energy Chamber’s Caribbean Sustainable Energy Conference 2022 on the critically important global...
Caribbean Sustainable Energy Conference: Day 1 Highlights
(Energy Analytics Institute, 24.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from...
TechnipFMC Awarded Large EPCI Contract by Petrobras for Búzios 6 Field
(TecnhipFMC, 24.Jan.2022) — TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) subsea Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras for its Búzios 6 field (module 7),...
Harvey Gulf Selects SailPlan to Optimize Fleet Emissions
(SailPlan, 24.Jan.2022) — SailPlan, the maritime cleantech company, announced that Harvey Gulf International Marine, a deepwater marine transportation companies, has entered into a commercial agreement to add SailPlan to its...
ONGC Videsh Enters Development Stage Offshore Brazil at BM-SEAL-4
(ONGC, 24.Jan.2022) — ONGC Videsh Limited (OVL) had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin. Petrobras is...
Forte Minerals Closes IPO; Commences Trading on the CSE
(Forte Minerals, 24.Jan.2022) — Forte Minerals Corp. (CSE:CUAU) completed its initial public offering of 9,583,332 units at a price of $0.30 per unit, which included the exercise in full of an over-allotment...
bpTT, UWI, and UTT To Advance Carbon Capture and Storage Research
(bpTT, 24.Jan.2022) — bpTT is aiding Trinidad and Tobago’s energy transition through its support for this country’s first Carbon Capture and Storage (CCS) mapping project. bpTT has committed $340,000 to...
NRGBriefs: Steel Dynamics Reports Financial Results
(Energy Analytics Institute, 24.Jan.2022) — Energy briefs including Steel Dynamics, Inc. (NASDAQ/GS: STLD) announcing 4Q:21 and YE:21 financial results; and New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announcing...
Astra Begins Trading on TSX Venture Exchange
(Astra, 24.Jan.2022) — Astra Exploration Inc. (TSXV: ASTR) (formerly Momentous Capital Corp.) closed its qualifying transaction and will commence trading on the TSX Venture Exchange (the "TSX-V") on 26 January...
Net-Zero Emissions by 2050 a Priority for the Region, Guyana’s President Says
(DPI, 24.Jan.2022) — His Excellency Dr Irfaan Ali today said that reaching Net-Zero emissions by 2050 is essential for the development of the region, but it would only be possible...
Claire Fitzpatrick at Caribbean Sustainable Energy Conference 2022
(bpTT, 24.Jan.2022) — Opening remarks from Claire Fitzpatrick at the Caribbean Sustainable Energy Conference 2022. Opening remarks Good morning - all protocols observed. bpTT is honoured to continue its support...
Colombia Inaugurates Isagen’s Guajira I Project
(Energy Analytics Institute, 21.Jan.2022) — Colombia’s President Iván Duque and the country’s Mines and Energy Minister Diego Mesa finally inaugurated Isagen's Guajira I project. Guajira I is the largest wind...
US Extends Citgo Protection
(AFP, 21.Jan.2022) — The US Treasury on Thursday extended by one year a rule that shields Citgo, a US-based unit of Venezuela's state-owned oil company PDVSA, from being seized by creditors,...
NRGBriefs: CSI Compressco Cash Distribution
(Energy Analytics Institute, 21.Jan.2022) — Energy briefs including CSI Compressco LP’s (NASDAQ: CCLP) BODs of its general partner declaring a cash distribution attributable to the 4Q:21; and PDVSA’s US refining arm...
ExxonMobil, SABIC Start Ops at Gulf Coast Manufacturing Facility
(Exxon, 20.Jan.2022) — ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used...
NRGBriefs: Road Blockages in Southern Bolívar Impacting Oil Production
(Energy Analytics Institute, 20.Jan.2022) — Energy briefs including road blockages impacting gas service to at least 5,618 users in the municipalities of Cantagallo and San Pablo, in southern Bolívar department;...
Solenis Announces Global Diversity Scholarship
(Solenis, 20.Jan.2022) — Solenis, a global producer of specialty chemicals, has launched the Global Diversity Scholarship as one element of a comprehensive diversity, equity and inclusion (DE&I) strategy. The scholarship program will...
Gold Port Says Drill Rig Fabrication Completed
(Gold Port Corp., 20.Jan.2022) — Gold Port Corporation, (CSE: GPO) (OTCQB: GPOTF) announced that fabrication of a Discovery I Core Rig, by Multi-Power Products Ltd of Kelowna, B.C., has now been completed....
Can Trinidad and Tobago Pivot to Survive Evolving Natural Gas and LNG Markets?
(TT Geological Society, 20.Jan.2022) — Natural gas and by extension liquefied natural gas (LNG) have become forerunners in the hydrocarbon industry. The reputation of being a cheap, clean and an...
YPF Spuds Two Wells in Aguada del Chañar
(Energy Analytics Institute, 19.Jan.2022) — Argentina’s state owned YPF combined drilling operations at two wells in late December 2021 in the Aguada del Chañar area. The first well, Adch 1001,...
Inspire Clean Energy to Accelerate a Carbon-Free Future
(Inspire Clean Energy, 19.Jan.2022) — Inspire Clean Energy, a subscription-based clean energy company, has announced a partnership with GivePower, a non-profit organization that provides solar-based solutions to secure food, water and electricity for...
Bristow to Provide Search and Rescue Services to Netherlands Coastguard
(Bristow, 19.Jan.2022) — Bristow Group Inc. (NYSE: VTOL), the leading global provider of vertical flight solutions, announced that the Netherlands Defence Materiel Organisation (DMO) has awarded Bristow their prestigious contract to...
Petrobras on Potiguar Cluster Divestment
(Petrobras, 19.Jan.2022) — Petrobras, regarding the pieces of news in the media about the divestment project of the Potiguar Cluster, which includes a set of 22 concessions of onshore and...
NRGBriefs: PDVSA Debt Stood at $35bn at YE:21
(Energy Analytics Institute, 19.Jan.2022) — Energy briefs including Brazil’s President Jair Bolsonaro visiting w/ his counterparts in Suriname and Guyana to discuss oil and gas matters; and Venezuela’s state oil...
Eco Atlantic Boosts Stake in Exxon Partner Offshore Guyana
(Proactive Investors, 19.Jan.2022) — Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) increased its interest in JHI Associates Inc, a junior explorer offshore Guyana, which is partnered with Exxon in the...
Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year
(Reuters, 19.Jan.2022) — Ecuador's state-owned oil company, Petroecuador, is targeting average output of 425,000 barrels of oil equivalent per day (boed) by the end of 2022, manager Italo Cedeno said...
Frontera Finds Oil at Jandaya-1 Well in Ecuador
(Frontera, 19.Jan.2022) — Frontera Energy Corporation (TSX: FEC) discovered hydrocarbons at the Jandaya-1 exploration well on the Perico block (Frontera 50% W.I. and operator, GeoPark Limited 50% W.I.) in Ecuador. Orlando...
Lithium Exploration at Cuprite West and Cuprite East
(Australian Goldfields, 19.Jan.2022) — Australian Goldfields Limited (formerly Graphite Energy Corp.) (CSE: AUGF) (OTC: GRXXF) (Frankfurt: G0A) provided an exploration update for the Cuprite East and Cuprite West Projects located in the...
Orea Announces $500,000 Private Placement
(Orea Mining, 18.Jan.2022) — Orea Mining Corp. (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG) announced a non-brokered private placement for gross proceeds of up to CAD$500,000. The Private Placement is for up...
The Caribbean Sustainable Energy Conference (24-26 Jan. 2022)
(The Energy Chamber, 18.Jan.2022) — The Energy Chamber of Trinidad and Tobago first established this conference back in 2017. The conference has since grown in terms of its prominence in...
Wintershall to Sell Stakes in Two Argentine Blocks for $140mn
(Offshore Technology, 18.Jan.2022) — Wintershall Dea Argentina has agreed to sell a 50% operated working stake in the unconventional Aguada Federal and Bandurria Norte blocks, in Argentina, to Vista Oil and Gas...
In Quest for Energy Independence, Mexico Is Buying a Texas Oil Refinery
(The New York Times, 18.Jan.2022) — Two giant murals, on storage tanks at an oil refinery here, depict the rebels led by Sam Houston who secured Texas’ independence from Mexico...
Ecuador Indigenous Demand Rights to Consent on Extractive Projects
(Reuters, 18.Jan.2022) — Indigenous communities in Ecuador on Tuesday presented hundreds of thousands of signatures to the country's top court to demand their right to make final decisions on use...
Brazil Gas Industry Sees Risk on ‘Hasty’ State Laws
(Argus, 18.Jan.2022) — Some of Brazil's largest natural gas consumers, pipeline companies and oil and gas producers are complaining that new state laws could reduce competition in the gas market....
Wintershall Dea Awarded Seven New Licences in APA 2021 Round in Norway
(Wintershall Dea, 18.Jan.2022) — Wintershall Dea has been awarded seven exploration licenses in the annual Awards in Predefined Areas (APA) round in Norway, including four as operator. The new awards...
Wintershall Dea Exits Activities in Brazil
(Wintershall Dea, 17.Jan.2022) — Wintershall Dea decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required...
Wintershall Dea Sells its Shares in Shale Oil Blocks in Argentina
(Wintershall Dea, 17.Jan.2022) — Wintershall Dea Argentina S.A. has reached an agreement with Vista on the sale of its 50% interest including operatorship in the unconventional Aguada Federal and Bandurria...
MPC Energy Solutions Breaks Ground on 2nd Solar Power Plant in Colombia
(MPC Energy Solutions, 17.Jan.2022) — MPC Energy Solutions (MPCES) commenced construction of Parque Solar Los Girasoles, a solar photovoltaic (PV) plant in Colombia that will supply around 23 GWh a year – equivalent to the energy consumption...
Orea Provides Update on Montagne d’Or Gold Deposit Mining Titles
(Orea Mining, 17.Jan.2022) — Orea Mining Corp. (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG) provides an update on the request for a final appeal filed by the French Government on the renewal of...
Petrobras on Sale of Braskem Stake
(Petrobras, 17.Jan.2022) — Petrobras, following up on the release disclosed on 16 December 2021, informs its shareholders and the market in general that it has applied to register with the...
Bolsonaro to Visit Suriname and Guyana for Talks on Oil Cooperation
(Reuters, 17.Jan.2022) — Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's...
![Venezuela’s Maduro Eyes 2 MMb/d Mark in 2022 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/nm-source-menpet-d-768x512.jpg)
Venezuela’s Maduro Eyes 2 MMb/d Mark in 2022 [PDF Download]
(Energy Analytics Institute, 15.Jan.2022) — Venezuela’s President Nicolás Maduro, during his 15 January 2022 annual address to the nation, said the OPEC country’s oil production goal in 2022 was to...
NRGBriefs: Fedeunep Calling for Dollarization of Salaries
(Energy Analytics Institute, 15.Jan.2022) — Energy briefs including Chile’s state oil and gas entity ENAP celebrating 66 yrs of operations at the Aconcagua Refinery; construction of Mexico’s Olmeca Refinery progressing...
EP PetroEcuador Continues with Work on Pipeline Bypasses
(Energy Analytics Institute, 15.Jan.2022) — EP PetroEcuador continues with work on a seventh bypass for the Trans-Ecuadorian Oil Pipeline System (SOTE) aimed at protecting the infrastructure and avoiding further stoppages...