(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 for the 3-months ended 30 Jun. 2022; and Mónica Jiménez, VP of Corporate Affairs and Secretary General, resigning her post with Ecopetrol.
— “Gas prices are declining at one of the fastest rates we have seen in over a decade – we’re not letting up on our work to lower costs even further,” US President Joe Biden announced 22 Jul. 2022 in a Twitter post.
— Unit Corporation (OTC Pink: UNTC) reported preliminary and unaudited selected financial and operational highlights for the 3-mths ended 30 Jun. 2022. The co. reported net income (loss) is expected to be $80.1mn ($7.82/shr diluted) vs $(13)mn ($1.09)/shr diluted for the 3-mths ended 30 Jun. 2021. Total revenues are expected to be $134.6mn vs $134.1mn respectively, the co. said 22 Jul. 2022 in an official stmt.
LATIN AMERICA AND THE CARIBBEAN
— Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announced that, effective as of 18 Aug. 2022, Mónica Jiménez, VP of Corporate Affairs and Secretary General, has resigned from the co. to take on a new professional challenge w/ another co., it said 22 Jul. 2022 in an official stmt. María Paula Camacho, current Legal Manager of New Business & Corporate, who has 24-yrs of experience within Ecopetrol, will become the interim VP of Corporate Affairs and Secretary General, effective as of 18 Aug.
Trinidad and Tobago
— Atlantic LNG’s Train 1 remains offline in Trinidad and Tobago (offline now for its 18th consecutive mth… between Dec. 2020-May.2022), according to the recent rpt published by the Ministry of Energy and Energy Industries (MEEI).
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.