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Month: July 2023

Energy Analytics Institute’s NRGBriefs: July 2023
Austria Bolivia Canada Europe Latin America and the Caribbean Mexico North America Spain USA Venezuela

Energy Analytics Institute’s NRGBriefs: July 2023

ENERGY ANALYTICS INSTITUTE (EAI)31 July 202328 August 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
El Salvador Europe Latin America and the Caribbean Norway Panama The Netherlands

MPC Energy on Developments in Panama and El Salvador

ENERGY ANALYTICS INSTITUTE (EAI)31 July 20239 August 2023
 (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
Colombia Latin America and the Caribbean

Frontera Energy on 2Q:23 Financial Results, Conference Call

ENERGY ANALYTICS INSTITUTE (EAI)31 July 202313 August 2023
(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
Colombia Latin America and the Caribbean

Ecopetrol on Operation to Sanction Hydrocarbon Theft and Smuggling

ENERGY ANALYTICS INSTITUTE (EAI)31 July 202320 August 2023
 (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
Africa Europe France Guyana Latin America and the Caribbean Namibia

TotalEnergies Named Most-admired Explorer in WoodMac Survey

ENERGY ANALYTICS INSTITUTE (EAI)27 July 202320 August 2023
(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]
Brazil Latin America and the Caribbean

Petrobras 2Q:23 Results [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)26 July 202313 August 2023
(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...
Eni’s Chairman Welcomes Visit of Minister of Economy
Europe Italy

Eni’s Chairman Welcomes Visit of Minister of Economy

ENERGY ANALYTICS INSTITUTE (EAI)21 July 202313 August 2023
(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
Brazil Latin America and the Caribbean

Equinor Buys Rio Energy Including Selected Assets

ENERGY ANALYTICS INSTITUTE (EAI)21 July 202313 August 2023
(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
Brazil Latin America and the Caribbean

Sale of Certain Rio Energy Assets, Trade Name to Equinor

ENERGY ANALYTICS INSTITUTE (EAI)21 July 202321 July 2023
(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
Chile Latin America and the Caribbean

Mainstream Initiates Judicial Reorganization Proceedings in Chile

ENERGY ANALYTICS INSTITUTE (EAI)20 July 202325 November 2023
(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
Europe Norway

TGS Announces 2Q:23 Results

ENERGY ANALYTICS INSTITUTE (EAI)20 July 20239 August 2023
(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
Gabon

BW Energy Starts Third Well in Hibiscus Development

ENERGY ANALYTICS INSTITUTE (EAI)20 July 202313 August 2023
(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]
Africa Angola Argentina Brazil Canada Colombia Latin America and the Caribbean Mexico Middle East Moscow North America Peru Qatar Russia Senegal Trinidad and Tobago USA

IGU 2023 World LNG Report [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)20 July 202323 July 2023
(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?
Latin America and the Caribbean North America USA Venezuela

Who are Venezuela Creditors Seeking to Seize Citgo?

ENERGY ANALYTICS INSTITUTE (EAI)19 July 202313 August 2023
(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
Latin America and the Caribbean Mexico

Transocean Reveals $518mn Ultra-Deepwater Contract

ENERGY ANALYTICS INSTITUTE (EAI)18 July 202313 August 2023
(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
Latin America and the Caribbean North America USA Venezuela

Machado Would Restructure Debt into Single Bond

ENERGY ANALYTICS INSTITUTE (EAI)18 July 202313 August 2023
(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
Africa Middle East Saudi Arabia

TotalEnergies, Aramco Complete Processing of oil from Plastic Waste

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202313 August 2023
(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
Africa Ghana

Jubilee Field Producing Over 100,000 B/D

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202323 July 2023
(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
Europe Norway

DNO ASA Provides 2Q:23 Trading Update

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202313 August 2023
(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
North America USA

Chesapeake Achieves Grade “A” MIQ

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202313 August 2023
(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
Africa Middle East Saudi Arabia

TotalEnergies, Aramco and SABIC Process Oil from Plastic Waste

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202313 August 2023
(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
Middle East Oman

Tethys Provides Oman Production Update June 2023

ENERGY ANALYTICS INSTITUTE (EAI)17 July 202323 July 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
Africa Morocco

Shell Signs 12-Year Deal to Supply Morocco with LNG

ENERGY ANALYTICS INSTITUTE (EAI)14 July 202323 July 2023
(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
Europe Norway

Wintershall Dea Spuds Bergknapp Discovery Well

ENERGY ANALYTICS INSTITUTE (EAI)13 July 20239 August 2023
(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
North America USA

ExxonMobil Reveals $4.9bn Purchase of Denbury

ENERGY ANALYTICS INSTITUTE (EAI)13 July 202313 July 2023
(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]
North America USA

NextDecade Takes RGLNG Phase 1 $18.4bn FID [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)12 July 202313 August 2023
(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
Africa Ghana

Tullow’s Provides Operations Update

ENERGY ANALYTICS INSTITUTE (EAI)12 July 202313 July 2023
(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...
Shipowners’ Associations and Eni to Decarbonize Maritime Sector
Europe Italy

Shipowners’ Associations and Eni to Decarbonize Maritime Sector

ENERGY ANALYTICS INSTITUTE (EAI)11 July 202311 July 2023
(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
Europe France

Technip and LanzaTech Join Forces on CO2-to-Ethylene

ENERGY ANALYTICS INSTITUTE (EAI)11 July 202311 July 2023
(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
North America USA

Rio Grande Valley LNG Projects Hit with Legal Lawsuits

ENERGY ANALYTICS INSTITUTE (EAI)11 July 202313 July 2023
(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
Europe Norway

Norway Reports Largest Hydrocarbon Find in a Decade

ENERGY ANALYTICS INSTITUTE (EAI)10 July 202313 August 2023
(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
North America USA

Dominion Energy to Divest Remaining Interest in Cove Point

ENERGY ANALYTICS INSTITUTE (EAI)10 July 202313 August 2023
(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
Argentina Latin America and the Caribbean

Argentina Inaugurates Gas Pipeline to Reverse Energy Deficit

ENERGY ANALYTICS INSTITUTE (EAI)9 July 202320 August 2023
(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
Latin America and the Caribbean North America USA Venezuela

Venezuela’s Opposition Proposes Using Exports Proceeds to Pay Creditors

ENERGY ANALYTICS INSTITUTE (EAI)7 July 202313 August 2023
(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]
Colombia Latin America and the Caribbean

Ecopetrol on Prepayment of Notes Maturing in Sep. 2023 [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)7 July 202310 July 2023
(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
Africa Asia China Latin America and the Caribbean Mexico North America Singapore South Africa USA

Welligence Reveals LNG Outlook to 2030

ENERGY ANALYTICS INSTITUTE (EAI)7 July 202313 August 2023
(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
Asia India

Reliance and bp Start Production from KG D6 Block

ENERGY ANALYTICS INSTITUTE (EAI)6 July 20238 July 2023
(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
Europe Italy North America USA

Baker Hughes to Supply Three Trains for Rio Grande LNG

ENERGY ANALYTICS INSTITUTE (EAI)6 July 202313 August 2023
(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
North America USA

Desert Mountain on Closing of Initial New Mexico Project

ENERGY ANALYTICS INSTITUTE (EAI)6 July 202313 August 2023
(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
North America USA

Financing Energy Transition Needs Collective Action

ENERGY ANALYTICS INSTITUTE (EAI)6 July 202313 August 2023
(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 
North America USA

Apex Group on Launch of Argento Energy Fund 

ENERGY ANALYTICS INSTITUTE (EAI)6 July 20238 July 2023
(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
North America USA

bp Expands Investment in Bioenergy

ENERGY ANALYTICS INSTITUTE (EAI)6 July 20238 July 2023
(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
Brazil Latin America and the Caribbean Peru

PetroTal Reveals Record Production in 2Q:23

ENERGY ANALYTICS INSTITUTE (EAI)6 July 20238 July 2023
(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
Brazil Latin America and the Caribbean

SLB Awarded Contract for Petrobras’ Digital Transformation

ENERGY ANALYTICS INSTITUTE (EAI)6 July 20238 July 2023
(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
Asia India

TGS Reveals Seismic Project in West Coast India

ENERGY ANALYTICS INSTITUTE (EAI)6 July 202313 August 2023
(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
North America USA

Expro Reveals Contract for Advance Subsea Technology

ENERGY ANALYTICS INSTITUTE (EAI)5 July 202313 August 2023
(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
Argentina Latin America and the Caribbean

Bunge, Chevron Acquire Argentina’s Chacraservicios

ENERGY ANALYTICS INSTITUTE (EAI)5 July 202313 August 2023
(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
Asia China Latin America and the Caribbean Mexico

Mexico Pacific and Zhejiang Ink Long-Term LNG SPA

ENERGY ANALYTICS INSTITUTE (EAI)5 July 202313 August 2023
(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
North America USA

Third Coast Buys ArcLight Interest in Perdido Platform

ENERGY ANALYTICS INSTITUTE (EAI)5 July 20238 July 2023
(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
Austria Europe Germany

OMV Secures Additional Gas Transport Capacities Until 2028

ENERGY ANALYTICS INSTITUTE (EAI)5 July 202313 August 2023
(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...

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DNV Names Head of CCUS

Venezuela Issues Arrest Warrants for Opposition Staffers for Treason

Venezuela Moves to Claim Guyana-Controlled Region

ExxonMobil to More than Doubles Earnings from 2019-2027 [PDF Download]

Energy Analytics Institute’s NRGBriefs: December 2023 [PDF Download]

Maduro to Permit Oil, Mines Development in Disputed Territory

Increased Market Share Expected as Investment Builds for Low-Carbon Hydrogen

Argentina’s Vaca Muerta Formation: Fact Box [Videos]

Rock Tech Secures Offer for Guben Converter

Global Centre Launched to Accelerate Climate Finance

CGX and Frontera on Presentation on Guyana-Suriname Basin

Petrobras Inks Deal to Install CO2 CCUS Hub

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