EAI’s NRGBriefs: Jul. 2023
(Energy Analytics Institute, 31.Jul.2023) — Energy briefs as well as others related to finance and projects during July 2023 including Dominion Energy (NYSE: D) concluding a sale process and executed...
MPC Energy on Developments in Panama and El Salvador
(MPC Energy, 31.Jul.2023) — MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months...
Frontera Energy on 2Q:23 Financial Results, Conference Call
(Frontera, 31.Jul.2023) — Frontera Energy Corporation (TSX: FEC) announces that its second quarter 2023 results will be released after markets close on Thursday, 10 August 2023. A conference call for investors...
Ecopetrol on Operation to Sanction Hydrocarbon Theft and Smuggling
(Ecopetrol, 31.Jul.2023) — Considering the information known to public, the Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reiterates the press release issued by the company yesterday, which stated that...
TotalEnergies Named Most-admired Explorer in WoodMac Survey
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr....
![Petrobras 2Q:23 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/FPSO_P_77_Andr___Ribeiro_Banco_de_Imagens_Petrobras.5e6bac84c7a65-brazil-latamnrg-768x512.jpg)
Petrobras 2Q:23 Results [PDF Downloads]
(Petrobras, 26.Jul.2023) — In 2Q23, average production of oil, NGL and natural gas reached 2.64 MMboed, 1.5% lower compared to 1Q23, mainly due to higher volume of losses from stoppages...
Vietnam Aims to Raise Raw Rare Earths Output to 2 MMt/y by 2030
(Reuters, 24.Jul.2023) — Vietnam aims to raise its rare earths production to 2.02 million tonnes a year by 2030, according to a government plan reviewed by Reuters, as it seeks...
Eni’s Chairman Welcomes Visit of Minister of Economy
(Eni, 21.Jul.2023) — Eni’s Chairman, Giuseppe Zafarana, and CEO Claudio Descalzi welcomed the Minister of Economy and Finance, Giancarlo Giorgetti, the President of Lombardy, Attilio Fontana, the Councillor for Economic Development...
Equinor Buys Rio Energy Including Selected Assets
(Equinor, 21.Jul.2023) — Equinor signed an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewables company in Brazil. The transaction includes selected assets and the team, while Denham Capital...
Sale of Certain Rio Energy Assets, Trade Name to Equinor
(Denham Capital, 21.Jul.2023) — Denham Capital, the global energy transition investment firm, has signed an agreement with Equinor for the sale of certain Rio Energy assets, the Rio Energy trade name, and...
Mainstream Initiates Judicial Reorganization Proceedings in Chile
(Mainstream Renewable Power, 20.Jul.2023) — Mainstream Renewable Power confirms it has initiated Judicial Reorganisation Proceedings for Huemul Energía SpA and Condor Energía SpA (the “Energía Companies”), which are part of...
TGS Announces 2Q:23 Results
(TGS, 20.Jul.2023) — TGS reported interim financial results for Q2 2023. The quarter reflected a continued improvement in market conditions, with strong growth in both POC revenues (1) and contract inflow. Financial...
BW Energy Starts Third Well in Hibiscus Development
(BW Energy, 20.Jul.2023) — BW Energy announced that production has safely started from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. Well...
![IGU 2023 World LNG Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/07/igu-2023-rpt-cover-768x590.png)
IGU 2023 World LNG Report [PDF Download]
(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. IGU-LNG2023-World-LNG-ReportDownload ____________________
Who are Venezuela Creditors Seeking to Seize Citgo?
(Reuters, 19.Jul.2023) — The U.S. on Wednesday approved a three-month extension to a license protecting Citgo Petroleum from creditors seeking to seize the oil refiner's assets. The document comes as a negotiation team representing...
Transocean Reveals $518mn Ultra-Deepwater Contract
(Transocean, 18.Jul.2023) — Transocean Ltd. (NYSE: RIG) announced that an independent operator awarded a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico offshore Mexico. One of three drillships will be selected...
Machado Would Restructure Debt into Single Bond
(Bloomberg, 18.Jul.2023) ) — Opposition frontrunner María Corina Machado said she would seek to roll Venezuela’s massive debt pile into a single bond as part of her plan to overhaul the country’s economy. ...
TotalEnergies, Aramco Complete Processing of oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ certified circular...
Jubilee Field Producing Over 100,000 B/D
(Tullow, 17.Jul.2023) — Tullow provided an update on production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, offshore Ghana. Gross production from the field...
DNO ASA Provides 2Q:23 Trading Update
(DNO ASA, 17.Jul.2023) — DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2023 operating and interim financial results on 17 August at 07:00 (CET). A videoconference call...
Chesapeake Achieves Grade “A” MIQ
(Chesapeake, 17.Jul.2023) — Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it has achieved recertification of its natural gas production across the entirety of its Marcellus operations, which averaged approximately 4.4 billion...
TotalEnergies, Aramco and SABIC Process Oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ certified circular polymers....
Tethys Provides Oman Production Update June 2023
(Tethys Oil, 17.Jul.2023) — Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in June 2023 amounted to 262,861 barrels of oil, corresponding...
Shell Signs 12-Year Deal to Supply Morocco with LNG
(Morocco World News, 14.Jul.2023 ) — has entered into a 12-year agreement to provide the country with 0.5 billion cubic meters (bcm) of liquefied natural gas (LNG) annually. The deal was...
Wintershall Dea Spuds Bergknapp Discovery Well
(Energy Analytics Institute, 13.Jul.2023) ) — Wintershall Dea spud an appraisal well at the Bergknapp discovery in the Norwegian Sea. With estimated resources of between 38 MMboe and 72 MMboe in the Garn and...
ExxonMobil Reveals $4.9bn Purchase of Denbury
(Exxon Mobil, 13.Jul.2023) — Exxon Mobil Corporation (NYSE: XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE: DEN), an experienced developer of carbon capture, utilization and storage (CCS) solutions and...
![NextDecade Takes RGLNG Phase 1 $18.4bn FID [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/07/Screen-Shot-2023-07-06-at-8.01.05-PM-768x253.png)
NextDecade Takes RGLNG Phase 1 $18.4bn FID [PDF Download]
(NextDecade, 12.Jul.2023) — NextDecade Corporation (NASDAQ: NEXT) has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the company’s 27 million tonnes per...
Tullow’s Provides Operations Update
(Tullow, 12.Jul.2023) — Tullow issues the following statement in advance of the Group’s 2023 Half Year Results scheduled for 13 September 2023. The information contained herein has not been audited and...
Petro Victory Energy Corp Appoints New COO
(Petro-Victory, 11.Jul.2023) — Petro-Victory Energy Corp. (TSXV: VRY) announced the appointment of Mr. Andre Naslausky as Chief Operating Officer. With a distinguished international career in the oil and gas industry,...
Shipowners’ Associations and Eni to Decarbonize Maritime Sector
(Eni, 11.Jul.2023) — Eni presented a document titled “The route to net zero. Decarbonizing the maritime sector” in collaboration withAssarmatori and Confitarma as well as three of the largest companies in the...
Technip and LanzaTech Join Forces on CO2-to-Ethylene
(Technip Energies, 11.Jul.2023) — Technip Energies and LanzaTech Global, Inc. signed a joint collaboration agreement to create a new pathway to sustainable ethylene utilizing their combined technologies. Together LanzaTech’s carbon capture and utilization technology...
Rio Grande Valley LNG Projects Hit with Legal Lawsuits
(Sierra Club, 11.Jul.2023) — Today, groups filed two federal lawsuits challenging the decision by the Federal Energy Regulatory Commission (FERC) to approve two liquified gas (LNG) export terminals, Texas LNG, Rio Grande LNG,...
Norway Reports Largest Hydrocarbon Find in a Decade
(DNO ASA, 10.Jul.2023) — DNO ASA, the Norwegian oil and gas operator, announced a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea license PL1148 in which the company holds a...
Dominion Energy to Divest Remaining Interest in Cove Point
(Dominion Energy, 10.Jul.2023) — Dominion Energy (NYSE: D) concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in Cove Point LNG,...
Argentina Inaugurates Gas Pipeline to Reverse Energy Deficit
(Reuters, 9.Jul.2023) — Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the Vaca Muerta formation in western Argentina to Santa Fe...
Venezuela’s Opposition Proposes Using Exports Proceeds to Pay Creditors
(Reuters, 7.Jul.2023) — Venezuela's opposition is crafting a proposal for the country to redirect about 200,000 barrels per day of its oil exports to a trustee to pay creditors with claims on...
![Ecopetrol on Prepayment of Notes Maturing in Sep. 2023 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/09/Ecopetrol-1200x900-1-768x576.jpg)
Ecopetrol on Prepayment of Notes Maturing in Sep. 2023 [PDF Download]
(Ecopetrol, 7.Jul.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), as part of its comprehensive debt management, will redeem (make whole) the remaining amount of its international notes maturing in September 2023, which were issued in...
Welligence Reveals LNG Outlook to 2030
(Welligence Energy Analytics, 7.Jul.2023) — Our LNG outlook report, published this week to clients, reveals key insights into the industry's future. Can the LNG market overcome increasingly scarce supply, adapt to more concentrated production,...
Reliance and bp Start Production from KG D6 Block
(Reliance Industries, 6.Jul.2023) — Reliance Industries Limited (RIL) and bp p.l.c. confirmed the commencement of production from the MJ field, following testing and commissioning activities. The MJ field represents the last...
Baker Hughes to Supply Three Trains for Rio Grande LNG
(Baker Hughes, 6.Jul.2023) — Baker Hughes (NASDAQ: BKR) has been awarded an order by Bechtel Energy Inc. – to be booked in the second quarter of 2023 – to supply three Main...
Desert Mountain on Closing of Initial New Mexico Project
(Desert Mountain Energy Corp., 6.Jul.2023) — Desert Mountain Energy Corp. (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) has closed on the purchase of the West Pecos Slope Abo Gas Field and gas...
Financing Energy Transition Needs Collective Action
(Boston Consulting Group, 6.Jul.2023) — Boston Consulting Group’s Rebecca Fitz talks about why financing the energy transition will take a collective action. BCG: When it comes to climate investment, what is...
Apex Group on Launch of Argento Energy Fund
(Apex Group, 6.Jul.2023) — Apex Group Ltd., a global financial services provider, appointed BTC Investment Group to deliver fund services to its Argento Energy Fund LP. Argento Energy Fund was launched...
bp Expands Investment in Bioenergy
(bp, 6.Jul.2023) — bp expanded its investment in bioenergy today as bp ventures committed $10mn, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven,...
PetroTal Reveals Record Production in 2Q:23
(PetroTal, 6.Jul.2023) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announce the following operational and corporate update. Record Q2 2023 Production PetroTal achieved a record production of 19,031 barrels of...
SLB Awarded Contract for Petrobras’ Digital Transformation
(SLB, 6.Jul.2023) — SLB (NYSE: SLB) has been awarded a five-year contract by Petrobras for an enterprise-wide deployment of its Delfi™ digital platform. The contract scope covers Petrobras’ digital transformation from...
TGS Reveals Seismic Project in West Coast India
(TGS, 6.Jul.2023) — TGS, a provider of energy data and intelligence, announced an extensive West Coast India seismic processing project that complements the India East Coast 2D-cubed project from 2022. The project...
Expro Reveals Contract for Advance Subsea Technology
(Expro, 5.Jul.2023) — Energy services provider Expro (NYSE: XPRO) has secured a contract with a major operator for the first deployment of its unique and industry-leading single shear and seal high-debris 15K ball valve assembly....
Bunge, Chevron Acquire Argentina’s Chacraservicios
(Bunge, 5.Jul.2023) — Bunge (NYSE: BG) and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corporation (NYSE: CVX), acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group. This latest investment in novel seeds...
Mexico Pacific and Zhejiang Ink Long-Term LNG SPA
(Mexico Pacific, 5.Jul.2023) — Zhejiang Energy International Limited and Mexico Pacific Limited signed a sales and purchase agreement for Zhejiang Energy to offtake 1.0 million tons per year (MTPA) of liquefied...
Third Coast Buys ArcLight Interest in Perdido Platform
(Third Coast, 5.Jul.2023) — Third Coast Super Holdings, LLC announced a subsidiary has successfully acquired an indirect 26.5% non-operated interest in the Perdido Regional Host from a subsidiary of ArcLight Energy Partners Fund...
OMV Secures Additional Gas Transport Capacities Until 2028
(OMV, 5.Jul.2023) — OMV secured additional European gas transport capacities to Austria. In this year's annual auction, OMV was awarded capacities of around 40 TWh p.a. for the period between October...