Colombian Oil, Gas Loom Big
(Odessa American, 31.Jul.2022) — As the United States' fourth-leading oil importer behind Canada, Mexico and Saudi Arabia, Colombia will keep growing in importance as major American oil and natural gas...
Mexico Oil Refinery Accident Leaves 1 Dead, 1 Missing
(AP, 29.Jul.2022) — A fire at an oil refinery operated by Mexico’s state-owned Petroleos Mexicanos company left one worker dead and another missing Friday. The company, known as Pemex, said...
Petrobras on Gas Find Offshore Colombia with Ecopetrol
(Petrobras, 29.Jul.2022) — Petrobras confirms the discovery of natural gas accumulation in the Uchuva-1 exploratory well, drilled in deep waters of Colombia, 32 kilometers off the coast and 76 kilometers...
Ecopetrol and Petrobras Announce Find at Uchuva-1 Gas Well
(Energy Analytics Institute, 29.Jul.2022) — Colombia’s state-owned oil and gas producer Ecopetrol and its Brazilian counterpart Petrobras announced a natural gas find offshore Colombia’s Caribbean coast at the Uchuva-1 well....
![Petrobras Reports Solid 2Q:22 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/brazil-2q22-source-petrobras-768x407.png)
Petrobras Reports Solid 2Q:22 Results [PDF Downloads]
(Petrobras, 29.Jul.2022) — Once again we delivered solid quarterly results. According to our CFO, Rodrigo Araujo Alves, “Second quarter results show the resilience and strength of the company, which is...
Fact Box: Petrobras’ Growth vs Sustaining CAPEX
(Petrobras, 28.Jul.2022) — Petrobras’ growth CAPEX corresponded to 64% of total capex in 2Q:22. Growth CAPEX are those with the primary objective of increasing the capacity of existing assets, deploying...
Petrobras on Shareholder Remuneration Policy
(Petrobras, 28.Jul.2022) — Petrobras, following up on the press release disclosed today, informs that its Board of Directors, at a meeting held today, approved the payment of dividends in the amount...
Baleine East 1X Successfully Tested in Block CI-802 in Côte d’Ivoire
(Eni, 28.Jul.2022) — Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The...
Repsol Confirms Venezuela Crude Deal Restart
(Argus, 28.Jul.2022) — Spain's integrated Repsol has resumed its crude-for-debt deal with Venezuela, and said the arrival of around 3mn bl of Venezuelan crude at its Spanish terminals this month...
Ecopetrol to Reveal 2Q:22 Results, Host Conference Calls
(Ecopetrol, 28.Jul.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that on Wednesday 3 August 2022, after market close, it will release its financial and operating results for the second quarter of...
New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035
(Forbes, 28.Jul.2022) — As the Biden administration focuses on its efforts to end new leasing and drilling for oil and gas in the Gulf of Mexico and other U.S. offshore...
NRGBriefs: XOM, OXY, CVX Dividends; Hess Guyana Liftings
(Energy Analytics Institute, 27.Jul.2022) — Energy briefs including US Vice President Kamala Harris speaking with Guyana's President Mohamed Irfaan Ali about energy and other issues; the board of directors of...
IDB Approves $1.14bn Credit Line to Argentina to Decarbonize its Energy Sector
(IDB, 27.Jul.2022) — The Inter-American Development Bank (IDB) approved a $1.14bn conditional line of credit for investment projects to decarbonize Argentina’s energy sector. The IDB Group remains committed to supporting...
Argentina to Have Third Economy Minister in a Month: Clarin
(Bloomberg, 27.Jul.2022) — Argentina’s President Alberto Fernandez is poised to name lower house Speaker Sergio Massa as the country’s new economy minister, appointing a second person for the job in...
NextDecade Announces 1 MTPA LNG Sale and Purchase Agreement with ExxonMobil
(NextDecade, 27.Jul.2022) — NextDecade Corporation (NASDAQ: NEXT) announced the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific (“EMLAP”), an ExxonMobil affiliate, for the supply...
TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn
(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following awards were included in the...
![Hess Corporation Reports 2Q:22 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/04/hess-hq-houston-source-energy-analytics-institute-768x576.jpg)
Hess Corporation Reports 2Q:22 Results [PDF Downloads]
(Energy Analytics Institute, 27.Jul.2022) — Hess Corporation (NYSE: HES) reported net income of $667mn, or $2.15/shr common in the 2Q:22 vs a net loss of $73mn, or $0.24/shr common in...
Subsea 7 and Van Oord Consortium Inks Contract Offshore Guyana
(Subsea 7, 27.Jul.2022) — Subsea 7 and Van Oord announced the award of a substantial(1) contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy...
ExxonMobil Makes Two More Discoveries Offshore Guyana
(ExxonMobil, 26.Jul.2022) — ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru...
Hess Announces Two More Discoveries Offshore Guyana
(Hess, 26.Jul.2022) — Hess Corporation (NYSE: HES) today announced two new discoveries at the Seabob-1 and Kiru-Kiru-1 wells on the Stabroek Block offshore Guyana. The discoveries, which are the sixth and seventh...
Cheniere and PTT Sign Long-Term LNG Sale and Purchase Agreement
(Cheniere, 26.Jul.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced that its wholly-owned subsidiary, Corpus Christi Liquefaction, LLC (“CCL”) entered into a long-term liquefied natural gas (“LNG”) sale and purchase...
Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook
(IMF, 26.Jul.2022) — The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many of the downside risks flagged...
Guyana Moves Ahead with Q3 Oil Block Auction
(Reuters, 25.Jul.2022) — Guyana's government expects that an upcoming auction for oil and gas blocks will attract new companies to its energy industry, President Irfaan Ali said on Monday, following...
NRGBriefs: FPSO Brazil Congress 2022 in Rio de Janeiro
(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including the government of the Brazilian state of Ceara teaming up with Enel Green Power Brasil to study the potential for development of...
Shell USA and Shell Midstream in Merger Deal Valued at $1.96bn
(Shell USA, 25.Jul.2022) — Shell USA, Inc. and Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX") announced they have executed a definitive agreement and plan of merger pursuant to which Shell USA will acquire all...
Matson Publishes Sustainability Report for 2021
(Matson, 25.Jul.2022) — Matson, Inc. (NYSE: MATX), an U.S. carrier in the Pacific, has published its 2021 Sustainability Report that describes the company's progress toward achieving its environmental, social and governance...
Petrobras Receives Letter from Economy Ministry about Dividends
(Petrobras, 25.Jul.2022) — Petrobras, regarding the news published in the media, confirms that it received, on 06/22/2022, a letter from the Special Secretary of the Treasury and Budget of the...
![NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/sustainability-reports-source-hess-768x432.jpg)
NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]
(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including Hess Corporation (NYSE: HES) announcing publication of its annual sustainability report; and Frontera Energy Corporation (TSX: FEC) revealing that its 2Q:22 results will...
Reynolds Transitioning to Hybrid and Electric Vehicle Fleet
(Reynolds American, 25.Jul.2022) — Reynolds American Inc., the BAT Group's U.S. subsidiary, and its companies (Reynolds) is advancing its Environmental, Social & Governance (ESG) goals by transitioning its current 1,800+...
Frontera Extends Substantial Issuer Bid to 8 Aug.
(Frontera, 25.Jul.2022) — Frontera Energy Corporation (TSX: FEC) has extended the expiry time of its offer to purchase from shareholders up to $65mn (equivalent to US$50mn) of its outstanding common shares (the "Shares")...
Eni Reports Find in the Berkine North Onshore Basin, Algeria
(Eni, 25.Jul.2022) — Eni and SONATRACH announced a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1...
bp on Redemption of $2.85bn of Outstanding Notes
(bp, 25.Jul.2022) — BP p.l.c. (NYSE: BP) (LON: BP) announced that its wholly-owned subsidiary BP Capital Markets America Inc. (“BPCMA”) is exercising the option to redeem the total outstanding aggregate...
Production Starts at Ikike Field Offshore Nigeria
(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20...
Aris Gold and GCM Mining Announce Merger
(Aris Gold, 25.Jul.2022) — GCM Mining Corp. (GCM) (TSX: GCM) (OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS) (OTCQX: ALLXF) announce they have entered into a definitive agreement (the Arrangement Agreement) under which GCM...
NRGBriefs: Pemex Assumes Operation of YÙUM K’AK’NÁAB FPSO
(Energy Analytics Institute, 24.Jul.2022) — Energy briefs including BW Offshore Limited saying Mexico’s state-owned Pemex has assumed ownership and operation of the FPSO YÙUM K'AK'NÁAB. LATIN AMERICA AND THE CARIBBEAN...
NRGBriefs: Biden on Gas Prices, Ecopetrol VP Resignation; Train 1 Drama
(Energy Analytics Institute, 22.Jul.2022) — Energy briefs including US President Joe Biden commenting on gas prices; Unit Corporation (OTC Pink: UNTC) reporting preliminary and unaudited selected financial and operational highlights...
TotalEnergies Commits to Large-scale Fuel Price Reduction Program
(TotalEnergies, 22.Jul.2022) — To meet the expectations of French people affected by the increase in energy prices and the impact on their purchasing power, TotalEnergies is initiating a large-scale fuel...
Schlumberger Announces 2Q:22 Results, Raises Full-Year Outlook
(Schlumberger, 22.Jul.2022) — Schlumberger Limited (NYSE: SLB) announced results for the second-quarter 2022. Schlumberger CEO Olivier Le Peuch commented, “The second quarter marked a significant inflection point for Schlumberger with...
CGX and Frontera Secure Funding for the Wei-1 Exploration Well Offshore Guyana
(CGX, 22.Jul.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today...
Invenergy Launches First Green Hydrogen Project
(Invenergy, 22.Jul.2022) — Invenergy, the largest privately held global developer, owner, and operator of sustainable energy solutions, has announced its first green hydrogen project. The 5-acre Sauk Valley Hydrogen project...
CFE and Sempra Expand Development Deals Related to Infrastructure in Mexico
(Sempra, 21.Jul.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Mexico's Federal Electricity Commission (Comisión Federal de Electricidad, CFE), announced several agreements to advance the joint development of critical...
Bristow Awarded Contract by the Maritime and Coastguard Agency
(Bristow, 21.Jul.2022) — Bristow Helicopters Ltd (NYSE: VTOL) has been awarded a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation ("UKSAR2G") program by the Maritime and Coastguard Agency...
SBM Offshore Completes $1.75bn Financing of ONE GUYANA
(SBM Offshore, 21.Jul.2022) — SBM Offshore has completed the project financing of FPSO ONE GUYANA for a total of $1.75bn. The project financing was secured by a consortium of 15 international banks. The company expects to draw the...
![Petrobras Releases 2Q:22 Production and Sales Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/brazil_2q22-sales-and-production-report.jpg)
Petrobras Releases 2Q:22 Production and Sales Report [PDF Download]
(Petrobras, 21.Jul.2022) — In 2Q22, we (Petrobras) delivered an operating performance fully in line with the company's plans. Average production of oil, NGL and natural gas reached 2.65 MMboed, 5.1%...
NRGBriefs: Bristow Inks 1.6bn 10-year Deal
(Energy Analytics Institute, 21.Jul.2022) — Energy briefs including Bristow Helicopters Ltd (NYSE: VTOL) signing a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation program; Golden Arrow Resources Corporation (TSXV: GRG)...
Colombia’s Mines and Energy Minister Expects Good Results from Gorgon-2 Well
(Energy Analytics Institute, 20.Jul.2022) — Colombia’s Mines and Energy Minister Diego Mesa visited the Gorgon-2 exploration well offshore the South America country and boasted results to come. “We expect positive...
Petrobras on Payment of Shareholders Remuneration
(Petrobras, 20.Jul.2022) — Petrobras, following up on the releases disclosed on 5 May 2022 and 20 June 2022, informs that it is carrying out today the payment of the 2nd...
NRGBriefs: GYSBI’s Guyana Contract with Exxon; Cubico Wind Deals in Uruguay
(Energy Analytics Institute, 20.Jul.2022) — Energy briefs including Cubico Sustainable Investments acquiring two operating wind projects in Uruguay from ACS; Sempra announced plans to report its 2Q:22 earnings and host...
Heritage Oil Limited Gets New Chief Executive Officer
(Heritage Oil Limited, 20.Jul.2022) — Heritage Oil Limited has appointed Adogbeji (Ado) Oseragbaje as its new Chief Executive Office with effect from 14 July 2022. Ado will also lead HOL's...
Cheniere and PetroChina Sign Long-Term LNG Sale and Purchase Agreement
(Cheniere, 20.Jul.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced that its wholly-owned subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement...
NRGBriefs: Fitch Upgrades Petrobras’ Credit Rating; Vista’s Earnings
(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Fitch upgrading Petrobras’ credit rating; and Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) planning to release its consolidated financial statements...
Equinor Restarts Peregrino Field Production
(Equinor, 19.Jul.2022) — Production in the Peregrino field in Brazil resumed on 16 July, aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020....
Nigeria’s State-owned Energy Firm Begins Commercial Operations
(Bloomberg, 19.Jul.2022) — Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday. The launch...
China’s LNG Imports to See Unprecedented Decline in 2022
(WoodMac, 19.Jul.2022) — China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood...
![BHP’s Operational Review for the Year Ended 30 June 2022 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/220719_opreview_banner-768x261.webp)
BHP’s Operational Review for the Year Ended 30 June 2022 [PDF Download]
(BHP, 19.Jul.2022) — BHP provided a detailed operational review for the year ended 30 June 2022. BHP Chief Executive Officer, Mike Henry: “BHP produced a strong fourth quarter to cap...
Petrobras’ BODs Validates CELEG Analysis
(Petrobras, 18.Jul.2022) — Petrobras informs that, in an extraordinary meeting held today, its Board of Directors (BD), in a session attended only by its members who were not nominated for...
Guyana Shore Base Inks 11-year Extension Contract with ExxonMobil Guyana
(GYSBI, 18.Jul.2022) — Guyana Shore Base Inc. (GYSBI), a pioneering Guyanese company in the local oil and gas sector has inked an 11-year extension contract with Esso Exploration and Production...
PGS on Share Capital Increase
(PGS, 18.Jul.2022) — Reference is made to the stock exchange announcements made by PGS ASA regarding the final results in the subsequent offering of up to 38,155,803 new shares at...
Equinor Strengthens Relationship with ASCO with Five-year Contract Extension
(Equinor, 18.Jul.2022) — Global integrated logistics and materials management company, ASCO, has been awarded a five-year contract extension with the Norwegian energy partner to the UK, Equinor. The multi-million-pound contract...
3t EnerMech to Provide Exclusive ECITB training in Angola and Guyana
(3t EnerMech, 18.Jul.2022) — 3t EnerMech signed a four-year exclusivity agreement with the Engineering Construction Industry Training Board (ECITB) to become the sole provider of its licenced training in Angola...
ExxonMobil Statement Regarding President Biden Letter to Oil Industry
(ExxonMobil, 15.Jul.2022) — ExxonMobil released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and...
Biden and Abbas Hold Joint Press Event in Bethlehem
(The White House, 15.Jul.2022) — What follows are remarks from a joint press statement by US President Joe Biden and President Abbas of the Palestinian National Authority. PRESIDENT ABBAS: (As...
Remarks by President Biden at East Jerusalem Hospital Network Event
(The White House, 15.2022) — The following are remarks by US President Joe Biden made at an East Jerusalem Hospital network event. THE PRESIDENT: My name is Joe Biden. I...
NRGBriefs: Biden’s Middle East Trip, Sasol’s Force Majeure
(Energy Analytics Institute, 14.Jul.2022) — Energy briefs including US President Joe Biden continues meeting with world leaders in the Middle East as part of his tour of the region; and...
Petrobras Extends Deadlines for Sale of Refining, Logistics Assets
(Petrobras, 15.Jul.2022) — Petrobras, following up on the release disclosed on 27 June 2022, has extended the deadlines for participation in the sale processes of Refinaria Abreu e Lima (RNEST),...
LONGi Receives “Top Brand PV 2022” at Solar Power Mexico 2022
(LONGi, 14.Jul.2022) — EUPD Research awarded LONGi the "Top Brand PV 2022" seal for the Mexican, Chilean and Latin American markets. The Chinese brand received this recognition at Solar Power...
Atlantic CEO: Technology and Hybrid Work Key to Future Energy Sector Productivity
(Atlantic LNG, 14.Jul.2022) — Atlantic CEO Ron Adams has pegged technology and hybrid ways of working as crucial to enhanced productivity and competitiveness in the energy sector workplace of the...
Putin’s Oil War with the West Comes at His Allies’ Expense
(The New York Times, 12.Jul.2022) — Russia’s use of energy as a weapon in its standoff with the West is redrawing the geopolitical map, but it could strain ties with...
ConocoPhillips and Sempra Infrastructure Ink HOA for LNG Projects
(ConocoPhillips, 14.Jul.2022) — ConocoPhillips (NYSE: COP) today announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scale LNG facility under development...
Petrobras Comments on Manifestation of the Eligibility Committee
(Petrobras, 13.Jul.2022) — Petrobras informs that the Eligibility Committee (CELEG) resumed today the meeting, started on 7 July 2022, to finalize the analyses of the candidates for the Board of...
Petrobras Announces Expiration Results of Cash Tender Offers
(Petrobras, 13.Jul.2022) — Petróleo Brasileiro S.A. (Petrobras) (NYSE: PBR) announced the expiration and expiration date results of the previously announced cash tender offers (each, an “Offer” and collectively, the “Offers”)...
NRGBriefs: Trinidad and Peru and Reduced LNG Exports
(Energy Analytics Institute, 13.Jul.2022) — Energy briefs including Latin American gas producers Trinidad and Tobago and Peru reporting reduced LNG exports to the tune of 3.9 million tons per annum...
Adjusted Plan for Final Four Hywind Tampen Turbines
(Equinor, 13.Jul.2022) — The seven first Hywind Tampen turbines will come on stream this year as planned. The final four will be installed next spring. Supply chain bottlenecks, most notably...
The White House Previews Day Two of Biden’s Middle East Trip
(The White House, 13.Jul.2022) — The following details come from The White House briefing room regarding a background press call previewing day two of the US President Joe Biden’s trip...
Equinor Says Gas Leaks on Sleipner Field Stopped
(Equinor, 12.Jul.2022) — A gas leak in a contained area related to a turbine on Sleipner A was reported in the morning of 11 July. The incident was quickly clarified....