November 2023 - Page 2 of 4 - Energy Analytics Institute (EAI)

Fitch Maintains Ecopetrol’s Rating at BB+, with Stable Outlook

(Ecopetrol, 20.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that the rating agency Fitch Ratings affirmed the company’s long-term foreign and local currency issuer default rating […]

Vortex Metals in Deal to Buy 80% Interest in Illapel Copper Project

(Vortex Metals, 20.Nov.2023) — Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) signed the definitive agreement with “Windows Minerals SCM and SLM Rio 27 De […]

The lifting of sanctions and the oil collapse of Venezuela [PDF download]

(Rafael Ramírez, 16.Nov.2023) — On 18 Oct., the US Office of Foreign Assets Control (OFAC)[1] issued Licenses 43 and 44,[2] lifting the sanctions on the Venezuelan oil and mining sector […]

Frontera Announces Initiation of Normal Course Issuer Bid

(Frontera, 16.Nov.2023) — Frontera Energy Corporation (TSX: FEC) announces that the Toronto Stock Exchange (TSX) has accepted its notice to initiate a normal course issuer […]

Ancient Thanksgiving to Pachamama [Photos]

(Mainstream, 16.Nov.2023) — Members of Mainstream’s Chilean team recently honored local indigenous tradition by taking part in a centuries-old ceremony against the backdrop of Tchamma […]

TotalEnergies Publishes Response of EACOP Ltd [PDF Download]

(TotalEnergies, 16.Nov.2023) — Following the publication of the report by the NGO Greenfaith on the consideration of cultural heritage within the EACOP project in Uganda […]

Sungrow to Supply SG5RT Residential Inverters to Residential PV Project in Egypt

(Sungrow, 15.Nov.2023) — Sungrow, the global PV inverter and energy storage system supplier, announced that it has been selected to supply 400 units of 5kW […]

Mainstream Finalizes Reorganization Process in Chile

(Mainstream, 14.Nov.2023) — Reference is made to previous announcements by Aker Horizons ASA regarding the initiation by Mainstream Renewable Power of Judicial Reorganization Proceedings for Condor […]

FPSO Prosperity Producing and On Hire

(SBM Offshore, 14.Nov.2023) — SBM Offshore announce that FPSO Prosperity has produced first oil as of 14 Nov. 2023 and is formally on hire. The FPSO Prosperity utilizes a […]

LNG Market Needs 90 Mtpa of Add’l Supply by 2035: WoodMac

(WoodMac, 14.Nov.2023) — The global liquefied natural gas (LNG) sector will need 90 million tonnes per annum (mtpa) of new supply by 2035 to sate […]

Touchstone Updates on Cascadura Field in 3Q:23 Results

(Touchstone, 14.Nov.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provided an operational update and reports its operating and financial results for the three and nine […]

ExxonMobil Starts Third Offshore Guyana Project Payara

(Exxon Mobil, 14.Nov.2023) — ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana […]

Getech Teams up with HyAfrica in Africa

(Getech, 14.Nov.2023) — Getech, a locator of subsurface resources, has signed an agreement with LIAG (Leibniz Institute for Applied Geophysics), a partner in the HyAfrica consortium, […]

TotalEnergies Buys 1.5 GW Flexible Power Generation Capacity in Texas

(TotalEnergies, 13.Nov.2023) — As part of its development as an integrated power player, TotalEnergies has signed an agreement with TexGen, a U.S.-based company to acquire […]

Exxon Turning Biomass into Fuel

(Exxon Mobil, 13.Nov.2023) — Making a global impact on climate change isn’t easy. Reducing emissions on a global scale requires multiple solutions, and we believe […]

ExxonMobil Drilling First Lithium Well in Arkansas

(Exxon Mobil, 13.Nov.2023) — Exxon Mobil Corporation (NYSE: XOM) announced plans to become a leading producer of lithium, a key component of electric vehicle (EV) […]

Petrobras Reports on Favorable Ruling in Labor Case before STF

(Petrobras, 13.Nov.2023) — Petrobras, in continuation of the announcement made on 02/15/2022, informs that, on 11/10/2023, the First Panel of the Federal Supreme Court concluded […]

Companies Ask US, EU to Intervene in Venture Global LNG Dispute

(Reuters, 11.Nov.2023) — BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the […]

Exmar Updates on Panama Canal Delays in 3Q:23 Results [PDF Download]

(Exmar, 10.Nov.2023) — The Executive Committee of EXMAR NV reported its third quarter results of 2023, including comments on delays crossing the Panama Canal, BW […]

YPF Reports Rise in 3Q:23 Production [PDF Downloads]

(YPF, 9.Nov.2023) — Argentina’s YPF SA reported total hydrocarbon production averaged 520 Kboe/d in the third quarter 2023, up 1% sequentially and up 3% on […]

Mandalay Resources Announces 3Q:23 Financial Results, CFO Transition

(Mandalay, 9.Nov.2023) — Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended 30 Sep. 2023. Third Quarter […]

Citgo Exits 3Q:23 with Liquidity of $3.86bn

(Citgo, 9.Nov.2023) — Citgo Petroleum Corporation reported its 2023 third quarter financial and operational results. Highlights: Net income of $567mn and EBITDA 1 of $895mn, compared to net income of $380 mn and […]

Petrobras Reports 3Q:23 Financials [PDF Downloads]

(Petrobras, 9.Nov.2023) — Petrobras reported on its main financial achievements in the third quarter 2023. Highlights: Solid recurring EBITDA of US$13.7bnGross debt under control at […]

Petrobras on Remuneration to Shareholders

(Petrobras, 9.Nov.2023) — Petrobras informs that its Board of Directors, at a meeting held today, approved the payment of dividends and interest on own equity […]

Citgo Concludes 2023 Marketer Roundtables

(Citgo, 9.Nov.2023) — Citgo Petroleum concluded its highly successful Marketer Roundtable Meetings for 2023, bringing together marketers from across the country to discuss key industry […]

Frontera Updates on Colombia and Guyana

(Frontera, 9.Nov.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 Sep. 2023. All financial amounts in this […]

CGX and Frontera Report Find Offshore Guyana

(Frontera, 9.Nov.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX […]

Petrobras Revises its 2023 Production and CAPEX Guidance

(Petrobras, 9.Nov.2023) — Petrobras, under the terms of CVM Resolution No. 44, of 23 Aug. 2021, and in addition to the material fact disclosed on […]

Trek Bicycle and World Bicycle Relief Partner for Third Year in a Row

(Trek Bicycle, 9.Nov.2023) — Today, Trek Bicycle and World Bicycle Relief (WBR) announced their third annual holiday fundraiser to help mobilize people in rural communities with purpose-built Buffalo Bicycles. […]

Ecopetrol Responds to News From BluRadio

(Ecopetrol, 9.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that today the news website www.bluradio.com reported the convening of an extraordinary meeting of the General Shareholders’ of Ecopetrol. […]