EAI’s NRGBriefs: Jan. 2023
(Energy Analytics Institute, 31.Jan.2023) — Energy briefs as well as others related to finance and politics during January 2023 including Trinidad and Tobago Prime Minister Dr. Hon. Keith Rowley said...
Start-up of Natural Gas Power Generation at Moundou Power Station
(Perenco, 31.Jan.2023) — PetroChad Mangara (PCM), Perenco’s wholly owned Chad subsidiary, is proud to announce the start-up of natural gas generated power at the Moundou Power Station in Chad. Seven...
![Building a Clean Energy Economy [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/09/building-a-clean-energy-economy_source-the-white-house-768x625.png)
Building a Clean Energy Economy [PDF Download]
(The White House, 31.Jan.2023) — When President Biden signed the Inflation Reduction Act (IRA) into law in August 2022, he said the new law “is not just about today, it’s...
Frontera Included in the 2023 Bloomberg Gender Equality Index GEI
(Frontera, 31.Jan.2023) — Frontera Energy Corporation (TSX: FEC) announces that it joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality Index ("GEI"), a modified market capitalization-weighted index...
Petrobras on Rating Confirmation by Fitch
(Petrobras, 31.Jan.2023) — Petrobras informs that the rating agency Fitch reaffirmed its rating at "BB-", with stable outlook, following Brazil's rating. The stand-alone rating was also reaffirmed at “bbb”, four...
Petrobras on Receiving R$430mn Earnout from Baúna
(Petrobras, 30.Jan.2023) — Petrobras, following up on the releases disclosed on 24 July 2020, 28 July 2020 and 9 November 2020, informs that it received today from Karoon Petróleo &...
Baker Hughes Unveils New Digital Solutions for Cleaner Energy
(Baker Hughes, 30.Jan.2023) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced at its Annual Meeting in Florence, Italy, the introduction of multiple new digital solutions and investments to advance more intelligent...
Baker Hughes and Fortescue to Jointly Explore Green Hydrogen Projects
(Baker Hughes, 30.Jan.2023) — Baker Hughes (NASDAQ: BKR) announced a memorandum of understanding (MoU) with Fortescue Future Industries (FFI) to jointly explore potential opportunities for the scale up and adoption of novel technology...
Enphase Energy Expands Solar Deployments in Brazil
(Enphase Energy, 30.Jan.2023) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that installers of...
Maha Energy Enters Deal with Mafraq Energy for Block 70 in Oman
(Maha, 30.Jan.2023) — Maha Energy AB, through its wholly-owned subsidiary Maha Energy (Oman) Ltd. and Mafraq Energy LLC have entered into a Joint Operating Agreement (“JOA”) for Block 70 in...
W&T Offshore Closes $275mn Senior Second Lien Notes Offering
(W&T Offshore, 30.Jan.2023) — W&T Offshore, Inc. (NYSE: WTI) closed on its previously announced offering of $275mn in aggregate principal amount of 11.75% Senior Second Lien Notes (the “notes”) due...
ExxonMobil Awards FEED for World’s Largest Low-carbon Hydrogen Facility
(ExxonMobil, 30.Jan.2023) — ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED). A...
Venezuela Tightens Oil Prepayment Rules, Documents Show
(Reuters, 30.Jan.2023) — Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in...
New Global Finds Drive Exploration to Value Creation
(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon,...
QatarEnergy Buys 30% Interest in Two Offshore Blocks in Lebanon
(QatarEnergy, 29.Jan.2023) — QatarEnergy entered into agreements with the Government of Lebanon, TotalEnergies and Eni to become a partner in two exploration blocks offshore the Republic of Lebanon. Pursuant to...
Lebanon: QatarEnergy Joins TotalEnergies and Eni on Two Exploration Blocks
(TotalEnergies, 29.Jan.2023) — TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The agreements were endorsed in...
Eni and Partners Transfer 30% Interest in Lebanon Blocks to QatarEnergy
(Eni, 29.Jan.2023) — Eni and TotalEnergies have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The transfer agreement...
Petrobras on Indication of Members of Executive Board
(Petrobras, 27.Jan.2023) — Petrobras, regarding the pieces of news in the media, clarifies that it has not yet been formally communicated about the indication of the members of the Executive...
Petrobras Receiving R$1.3bn Earnout from Sépia
(Petrobras, 27.Jan.2023) — Petrobras received today, up front, the amount of R$1.3bn, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Sépia block. The...
Felipe Bayón to Head Ecopetrol until 31 March 2023
(Ecopetrol, 27.Jan.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Felipe Bayón Pardo will lead the company as CEO until 31 March 2023. The Board of Directors recognized Felipe Bayón...
Chevron 4Q:22 Earnings Call Transcript, Buybacks and Rising Venezuela Production
(Motley Fool Transcribing, 27.Jan.2023) — Chevron Corporation’s earnings call for the period ending 31 December 2022 with Chairman and Chief Executive Officer Mike Wirth and his comments on topics ranging...
Petrobras Approves Election of Jean Paul Terra Prates as CEO
(Petrobras, 26.Jan.2023) — Petrobras informs that its Board of Directors, in a meeting held today, unanimously, appointed Mr. Jean Paul Terra Prates as Petrobras' Director, until the next General Shareholders'...
Petrobras Collects $1.6bn With Conclusion of Albacora Leste Field Divestment
(Petrobras, 26.Jan.2023) — Petrobras, following up on the releases disclosed on 26 January 2023 and 27 April 2022, has finalized today, after the fulfillment of all the preceding conditions, the...
Petrobras Approves the Company’s Tax Policy
(Petrobras, 26.Jan.2023) — Petrobras, informs that its Board of Directors, in a meeting held today, in line with the continuous improvement of its governance, approved a Tax Policy applicable to...
Petrobras on Proved Reserves in 2022
(Petrobras, 26.Jan.2023) — Petrobras discloses its proved reserves of oil, condensate and natural gas, according to US SEC (Securities and Exchange Commission) regulation, estimated at 10.5 billion barrels of oil...
ExxonMobil Moves Forward with Largest Renewable Diesel Facility in Canada
(ExxonMobil, 26.Jan.2023) — ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560mn to move forward with construction of the largest renewable diesel facility in Canada. The project...
Imperial to Invest Cdn$720mn in Renewable Diesel Facility
(Imperial, 26.Jan.2023) — Imperial Oil Limited (TSE: IMO, NYSE American: IMO) will further help Canada achieve its net zero goals by investing about Cdn$720mn (USD$560mn) to move forward with construction...
Chevron Boosts Dividend; Reveals $75bn Stock Repurchase Program
(Chevron, 25.Jan.2023) — The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, an increase of nine cents...
Paul Questions Dragon’s Gas Revenues for T&T
(Trinidad Express, 25.Jan.2023) — Energy expert Anthony Paul is not convinced that T&T has its ducks lined up to deliver the various sub-projects required to bring that gas to shore...
Trinidad/Venezuela Dragon Gas Development Update
(Welligence Energy Analytics, 25.Jan.2023) — The U.S. Department of the Treasury has granted a license to the government of T&T to receive gas from the multi-Tcf offshore Dragon gas field in Venezuela....
US Secretary of Energy to Address CERAWeek 6-10 Mar. 2023
(CERAWeek, 25.Jan.2023) — U.S. Secretary of Energy Jennifer M. Granholm will address delegates at the 41st annual CERAWeek by S&P Global, March 6-10 in Houston. Secretary Granholm will join the world's energy industry leaders, experts,...
Halliburton Reports Strong 4Q:22 Results
(Halliburton, 24.Jan.2023) — Halliburton Company (NYSE: HAL) announced today net income of $656mn, or $0.72 per diluted share, for the fourth quarter of 2022. This compares to net income for...
Rowley Says OFAC Approves Trinidad’s Development of the Dragon Field
(Office of the Prime Minister of Trinidad and Tobago, 24.Jan.2023) — As you all are aware, the United States is our major trading partner and approximately 200,000 of our citizens...
Petrobras on Divestment of UFN-III
(Petrobras, 24.Jan.2023) — Petrobras, following up on the release disclosed on 29 August 2022, informs that, observing the applicable internal governance, the closing of the competitive process, which was in...
US Grants License to Trinidad to Develop Dragon Gas Field
(Reuters, 24.Jan.2023) — The U.S. Treasury Department has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial waters, a senior Biden administration...
Hess’ 2023 Capex Budget Favors Bakken and Stabroek
(Hess Corporation, 24.Jan.2023) — Hess Corporation (NYSE: HES) today announced a 2023 Exploration & Production capital and exploratory budget of $3.7bn, of which more than 80% will be allocated to Guyana and the Bakken. Net...
Keith Rowley’s Keynote Address at TTEC 2023
(The Office of the PM of Trinidad and Tobago, 23.Jan.2023) — Prime Minister of the Republic of Trinidad and Tobago Dr. Hon. Keith Rowley gave a keynote address at the...
Petrobras on Receiving Earnout from Atapu
(Petrobras, 23.Jan.2023) — Petrobras, following up on the Material Facts disclosed on 9 April 2021, 13 April and 27 April 2022, informs that it received today, up front, from TotalEnergies...
CGX and Frontera Spud Wei-1 Offshore Guyana
(CGX Energy, 23.Jan.2023) — CGX Energy Inc. (TSXV: OYL) operator and joint venture partner with Frontera Energy Corporation in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced...
T&T Energy Chamber Chair Dookie Gives Opening Address at TTEC
(Energy Chamber, 23.Jan.2023) — Energy Chamber of Trinidad & Tobago Chair Jerome Dookie gives his opening speech at the Trinidad & Tobago Energy Conference 2023 in Port of Spain. Good...
Eni Prices €2bn Bond, Its First Sustainability-Linked Issuance in Italy
(Eni, 23.Jan.2023) — Eni S.p.A. announces that the gross annual nominal interest rate of its first sustainability-linked bond dedicated to public in Italy has been set at 4.30%. Highlights: --...
Peru’s Deadly Protests
(The New York Times, 22.Jan.2023) — President Pedro Castillo borrowed from history when he attempted a coup in Peru. Thirty years ago, another president asserted authoritarian control. But this time, there was...
Noble Provides Operational and Financial Update
(Noble Corp. 21.Jan.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) today provides an operational and financial update for the fourth quarter of 2022 as well as recent operational and...
Cross Timbers Royalty Trust Declares Jan. Cash Distribution
(Cross Timbers, 20.Jan.2023) — Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the holders of its units of beneficial interest...
Argentina’s Revival Will Move Global Energy Markets
(LatAm Investor, 20.Jan.2023) — Most international investors keep clear of Argentina. It has an unenviable record of default and expropriations while successive governments seem unable to manage the country’s incredible...
Oman: TotalEnergies is Rolling Out its Integrated Gas Strategy
(TotalEnergies, 20.Jan.2023) — In line with its growth strategy in gas and LNG, a fuel contributing to the energy transition, TotalEnergies announces the start of gas production from onshore Block...
Petrobras to Pay 2nd Remuneration Installment to Shareholders
(Petrobras, 19.Jan.2023) — Petrobras, following up on the Material Fact disclosed on 3 November 2022 and Notice to the Market of 18 November 2022 and 13 January 2023, informs that...
TAZIZ and Proman Ink Shareholders Agreement
(ADNOC, 19.Jan.2023) — Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG, one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the...
JA Solar Awarded Top Brand PV MENA for 3rd Straight Year
(JA Solar, 18.Jan.2023) — World Future Energy Summit 2023 (WFES) was held from 16-18 January 2023 at the ADNEC, Abu Dhabi, where JA Solar, a globally manufacturer of high-performance PV products,...
APA Corp. Provides 4Q:22 Supplemental Info., Schedules Conf. Call
(APA Corporation, 18.Jan.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain fourth-quarter 2022 financial and operational results. This information is intended only to provide additional information regarding current...
Volta to be Acquired by Shell USA, Inc.
(Volta, 18.Jan.2023) — Volta Inc. (NYSE: VLTA) today announced the execution of a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell plc (NYSE: SHEL), will acquire...
Ecopetrol Launches Tender Offer for its 5.875% Notes Due 2023
(Ecopetrol, 17.Jan.2023) — Ecopetrol S.A. commenced a tender offer for cash (the "Offer") to purchase up to U.S.$1,000,000,000 in aggregate principal amount (the "Maximum Tender Amount") of its outstanding 5.875% Senior...
Eviation Announces Order From Aerus For 30 Alice All-Electric Commuter Aircraft
(Eviation, 17.Jan.2023) — Eviation Aircraft, a manufacturer of all-electric aircraft, announced that Aerus, an emerging regional airline in Mexico, has signed a Letter of Intent (LOI) for 30 commuter Alice aircraft. Aerus...
Pan American Silver Reveals Prelim 2022 Production Results
(Pan American, 17.Jan.2023) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) announced its preliminary production results for the fourth quarter ("Q4 2022") and full year 2022 ("FY 2022"), with FY 2022...
Petrobras Achieves 2022 Annual Production Target
(Petrobras, 17.Jan.2023) — Petrobras informs that, in 2022, it exceeded the oil and natural gas production target, disclosed to the market in a material fact on 24 November 2021 and...
Wintershall Dea Confirms It Will Leave Russia
(Wintershall Dea, 17.Jan.2023) — The Wintershall Dea Supervisory Board approved a principle decision by the Management Board to exit Russia. As a consequence, Wintershall Dea intends to fully exit Russia...
Wintershall Dea to Exit Russia
(Energy Analytics Institute, 17.Jan.2023) — Wintershall Dea will exit Russia. Wintershall Dea’s supervisory board approved a principle decision by the management board. As a consequence, Wintershall Dea intends to fully...
Bolivian Gas Production to Decline Faster than Expected
(WoodMac, 17.Jan.2023) — Bolivian gas production will decline more rapidly than expected, falling from 1,400 million cubic feet per day (mmcfd) in 2022 to as low as 400 mmcfd by...
TotalEneriges Approves FID for Lapa South-West Project
(TotalEnergies, 16.Jan.2023) — TotalEnergies approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil. This development represents...
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Guyana Budget 2023 [PDF Download]
(Guyana Ministry of Finance, 16.Jan.2023) — The Budget 2023 is the fourth budget of this People’s Progressive Party/Civic (PPP/C) government formed in August 2020. guyana-Budget-2023-FinalDownload ____________________
UK on Imports of Fossil Fuels from Russia
(UK Parliament, 16.Jan.2023) — The UK imported no coal or gas from Russia in November 2022. The total value of UK fossil fuel imports from Russia has fallen since Russia...
Qatari Minister Al-Kaabi on “Quest for Energy Transition”
(QatarEnergy, 14.Jan.2023) — His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said the world can’t solve its environmental and...
Riyadh to Host 44th IAEE International Conference 4-9 Feb. 2023
(KAPSARC, 14.Jan.2023) — The King Abdullah Petroleum Studies and Research Center (KAPSARC) and Saudi Association for Energy Economics (SAEE) are proud to host the 44th IAEE International Conference in Riyadh...
Petrobras on Letter Confirming Jean Paul Terra Prates as CEO
(Petrobras, 13.Jan.2023) — Petrobras, in addition to the material fact of 3 January 2023, informs that it received a letter from the Ministry of Mines and Energy on yesterday's date,...
Petrobras on Payment of Compensation to Shareholders
(Petrobras, 13.Jan.2023) — Petrobras informs that will pay on 19 January 2023, the second installment of the remuneration to shareholders, approved by the Board of Directors, in connection to the...
TotalEnergies Delivers FSRU to Lubmin Terminal in Germany
(TotalEnergies, 13.Jan.2023) — TotalEnergies announces the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG). Operated by Deutsche ReGas and located in Lubmin on the German Baltic Sea...
Uranium Energy’s Technical Report for Shea Creek Project
(Uranium Energy, 12.Jan.2023) — Uranium Energy Corp (NYSE American: UEC) filed a Technical Report Summary (“TRS”) on EDGAR disclosing updated mineral resources for the company’s Shea Creek Project. UEC indirectly owns...
Tourmaline Oil Declares Dividend
(Tourmaline, 12.Jan.2023) — Tourmaline Oil Corp. (TSX: TOU) announced a special dividend and provide an operational and 2023 guidance update. SPECIAL DIVIDEND Tourmaline is pleased to announce the declaration of a special...
Horizon Petroleum to Create Europe Focused Producer
(Horizon Petroleum, 12.Jan.2023) — Horizon Petroleum Ltd. (TSXV: HPL.H) has entered into a letter of intent dated December 9, 2022 (the "LOI") with a private European company (the "Vendor") under which Horizon will...
Oil Price Cap Chips Away at Russia’s Revenue
(Canada’s National Observer, 12.Jan.2023) — A price cap and European Union embargo on most Russian oil have cut into Moscow's revenue from fossil fuels, but the Kremlin is still earning substantial cash...
US Surges to Top of LNG Exporter Ranks on Breakneck Growth
(Bloomberg, 12.Jan.2023) — The US tied Qatar as the world’s top exporter of liquefied natural gas last year, a milestone for the meteoric rise of America as a major supplier...
WoodMac: Key Things to Watch in Global Upstream in 2023
(WoodMac, 12.Jan.2023) — Upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets. But the challenges the industry faces will compound in 2023. Wood...
TotalEnergies Commissions Anaerobic Digestion Unit BioBéarn
(TotalEnergies, 12.Jan.2023) — TotalEnergies has launched its eighteenth biogas production unit1 in France, which will be the largest in the country with a maximum capacity of 160 gigawatt hours (GWh). Named...
Silver Viper Presents Positive G&G Survey Results at La Virginia
(Silver Viper, 12.Jan.2023) —Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) provided an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration activities continued throughout 2022...
Montreal Protocol Emerges as Powerful Climate Treaty
(National Oceanic and Atmospheric Administration or NOAA, 11.Jan.2023) — A new report from the U.N., which includes key scientific contributions from NOAA and international partners, confirms that the recovery of...