(Energy Workforce & Technology Council, 29.Feb.2024) — Promising drastic change to Argentina’s government and economy, President Javier Milei has run into political speed bumps impacting […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.
Bristow Helicopter Involved in Accident
(Bristow, 28.Feb.2024) — Bristow Group Inc. confirmed that one of its search and rescue helicopters, registration LN-OIJ, was involved in an accident at about 19:40 […]
Exxon’s Curveball Move in Guyana Alters Chevron-Hess Deal Prospects
(Reuters, 28.Feb.2024) — Exxon Mobil‘s surprise challenge to Chevron‘s acquisition of Hess through a dispute over a stake in a major Guyana oil field could […]
Petrobras Inks Evaluation Deal with Yara Brasil Fertilizantes
(Petrobras, 28.Feb.2024) — Petrobras signed a Memorandum of Understanding (MoU) with Yara Brasil Fertilizantes S.A. to study potential business partnerships for local initiatives in the […]
Exmar and Eni celebrate Congo’s first LNG cargo
ANTWERPEN, BELGIUM (Exmar, 28.Feb.2024, Words: 175) — Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful […]
Antaisolar Showcases Full-Scenario Solutions at PV EXPO
(Antaisolar, 28.Feb.2024) — Antaisolar, in the digital intelligent PV mounting system solutions space, showcased its innovative solutions at PV EXPO, including ground-fixed brackets, roof clamps, […]
Guyana not against Exxon acquiring Hess, VP Jagdeo says
GEORGETOWN, GUYANA (Reuters, 28.Feb.2024, Words: 95) — Guyana’s vice president Bharrat Jagdeo on Wednesday said the country will accept whatever is the result from discussions between […]
Maduro Says Venezuela’s Economy to Grow 8% in 2024
(Energy Analytics Institute, 28.Feb.2024) — Venezuela’s President Nicolás Maduro said he expects the economy of the Opec country to grow 8% in 2024. The president […]
Chevron Deal to Buy Hess at Risk as Exxon, CNOOC Eye Guyana Stake
(MarketWatch, 27.Feb.2024) — Chevron warned it may not complete its planned buyout of Hess as Exxon Mobil and the China National Offshore Oil Corporation are […]
Exxon Raises Questions About Chevron’s $53bn Deal for Hess
(The New York Times, 27.Feb.2024) — America’s two largest energy companies, Exxon Mobil and Chevron, are jousting over a prized new source of oil in […]
Chevron Corp. Files S-4, Updates on Stabroek JOA
(Energy Analytics Institute, 26.Feb.2024) — Chevron Corporation believes that the $53bn merger with Hess Corporation presents the California-based energy giant with the opportunity to diversify its […]
Petrobras and Arcelor Ink Deal Related to Low-Carbon Businesses
(Energy Analytics Institute, 26.Feb.2024) — Brazil’s state-owned Petrobras signed a Memorandum of Understanding (MOU) with Arcelor Mittal Brasil that aims to study potential mutually beneficial […]
IMF Fingerprinting Indicates Bunker Fuel Offshore Tobago
(Ministry of Energy and Energy Industries, 23.Feb.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that preliminary fingerprinting reports submitted to the MEEI […]
Petrobras on Tag-along Exercise on Stake in UEGA
(Petrobras, 23.Feb.2024) — Petrobras, following up on the release disclosed on 15 Dec. 2023, has decided to exercise the tag-along right (joint sale) for the […]
Concacaf and Aramco Ink Multi-year Partnership
(Aramco, 23.Feb.2024) — Concacaf has agreed to a multi-year Confederation-wide partnership with Aramco, a global integrated energy and chemicals company. Aramco will become the “Official […]
Woodside to Divest 15.1% Scarborough Interest to JERA
(Woodside, 23.Feb.2024) — Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; […]
Repsol CEO Josu Jon Imaz comments on Venezuela situation, Cardon IV production
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Feb.2024) — Repsol CEO Josu Jon Imaz commented on the Spanish company’s operations in Venezuela under Washington’s most recent […]
US Lower 48 Oil Production Growth to Slow in 2024
(WoodMac, 22.Feb.2024) — US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and […]
![Repsol Reveals Strategic 2024-2027 Update [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/05/53431_repsol-sede-cerca.jpg)
Repsol Reveals Strategic 2024-2027 Update [PDF Downloads]
(Repsol, 22.Feb.2024) — “Over the next four years we will stay the course on the strategy we presented in our previous plan to address the […]
MEEI Receives Briefing from Oil Spill Removal Specialists
(Ministry of Energy and Energy Industries, 21.Feb.2024) — Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the […]
Petrobras and BNDES Structure Fund to support Innovation Companies
(Petrobras, 21.Feb.2024) — Petrobras and the BNDES have begun studies to structure a Corporate Venture Capital (CVC) fund to support micro, small and medium-sized technology-based […]
![APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/us-apa-2q22-b.jpg)
APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]
(APA Corporation, 21.Feb.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the fourth-quarter and full-year 2023. During the fourth-quarter 2023, APA […]
First Modules Arrive for Woodside’s Scarborough Project
(Woodside, 21.Feb.2024) — The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone […]
Asia Pacific Could Become Global Energy Transition Leader
(WoodMac, 21.Feb.2024) — Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to […]
Petrobras Makes Dividend Payment
(Petrobras, 20.Feb.2024) — Petrobras, following up on the Material Facts of 11/09/2023, 11/21/2023 and 02/09/2024, informs that it will pay today the first installment of […]
Backcast Partners Announces Strategic Investment in Renegade Group
(Backcast Partners, 20.Feb.2024) — Backcast Partners, a provider of debt and equity capital for both middle-market private equity and non-private equity owned companies, announced its […]
Aker ASA Reveals Preliminary Annual Results 2023
(Aker, 20.Feb.2024) — The Net Asset Value (“NAV”) of Aker ASA and holding companies Aker was NOK 63.2bn at the end of the fourth quarter […]
Guyana’s $1.9bn gas-to-power project delayed to 2025
GEORGETOWN, GUYANA (Reuters, 20.Feb.2024, Words: 297) — Guyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power […]
MEEI Engages with Oil Spill Removal Experts
(MEEI, 20.Feb.2024) — In accordance with the National Oil Spill Contingency Plan (NOSCP), the Ministry of Energy and Energy Industries (MEEI) continues to collaborate with […]
France High-Level Business Council 2nd Plenary Meeting
(TotalEnergies, 19.Feb.2024) — H.E. Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry and Advanced Technology and MD & CEO of ADNOC, and Mr. […]
PDVSA’s domestic refineries producing only around 230,000 b/d
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Feb.2024, Words: 130) — Venezuela’s state-owned oil giant Petróleos de Venezuela (PDVSA), which has a total processing capacity […]
SSR Mining Updates on Rescue Efforts at Çöpler Mine
(SSR Mining, 18.Feb.2024) — SSR Mining Inc., in regards to ongoing rescue efforts at the Çöpler mine in Türkiye, said search and rescue efforts to […]
EPCOR and SynerGen Reveal Solar Project in Eastern New Mexico
(EPCOR, 18.Feb.2024) — EPCOR USA and SynerGen Solar entered into an agreement to develop nearly 500 acres of land for the purpose of developing a […]
![Eni Reports 2023 Full Year Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/10/congo.jpg.rend_.1140.0-source-eni.jpg)
Eni Reports 2023 Full Year Results [PDF Downloads]
(Eni SpA, 16.Feb.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the full year and the fourth […]
![Shell LNG Outlook 2024 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2024/02/shell-lng-outlook-2024.png)
Shell LNG Outlook 2024 [PDF Downloads]
(Shell plc, 19.Feb.2024) — Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching […]
TotalEnergies on Capital Increase Reserved for Employees in 2024
(TotalEnergies, 16.Feb.2024) — In accordance with its policy in favor of employee shareholding, TotalEnergies SE is implementing its annual capital increase reserved for employees and […]
US House Passes Bill to Reverse Biden’s LNG Pause
(Reuters, 15.Feb.2024) — A bill to strip the power of President Joe Biden’s administration to freeze approvals of liquefied natural gas exports passed in the […]
Carbon Intensity Regulation to Make, Break Low-carbon Hydrogen Market
(WoodMac, 15.Feb.2024) — The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen […]
Aquaductus Offshore Pipeline Notified as an IPCEI Project
(GASCADE, 15.Feb.2024) — The AquaDuctus hydrogen pipeline planned by GASCADE Gastransport GmbH in the North Sea has received state aid approval from the European Commission […]
Mexico Begins LNG Buildout as US Developers Look to South
(Canary Media, 15.Feb.2024) — At least a half-dozen LNG export projects are underway in the country — but whether most are completed will depend on politics […]
TotalEnergies Reveals Positive Appraisal of Cronos Gas Find in Cyprus
(TotalEnergies, 15.Feb.2024) — TotalEnergies announces the successful completion of the drilling and production test of the Cronos-2 appraisal well, in Block 6, offshore Cyprus. TotalEnergies […]
Guyana Is Trying to Keep Its Oil Blessing From Becoming a Curse
(Bloomberg, 15.Feb.2024) — Guyana has undergone a huge transformation in the near decade since a massive oil discovery off its shores. That’s on full display at the […]
Frontera Announces 2024 Capital and Production Guidance
(Frontera, 15.Feb.2024) — Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter […]
Model Updates on EPCI Projects, Brazil FPSOs
(Energy Analytics Institute, 15.Feb.2024) — Modec‘s profits increased significantly due to good progress in the construction work of new EPCI projects and improved asset integrity of […]
DeepOcean Secures Major Contract with ExxonMobil Guyana
DeepOcean, 14.Feb.2024) — Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and IMR (inspection, maintenance, […]
Sangomar FPSO Makes it to Senegal
(Woodside Energy, 13.Feb.2024) — Woodside Energy announced that the Léopold Sédar Senghor Floating Production Storage and Offloading (FPSO) facility has safely arrived offshore Senegal. This […]
Woodside Gets Social Impact Assessment Approval for Trion
(Woodside Energy, 13.Feb.2024) — Woodside announced the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for […]
LG Energy Solution Strengthens Partnership with WesCEF
(LG Energy Solution, 13.Feb.2024) — LG Energy Solution (KRX: 373220) signed an offtake agreement with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for lithium concentrate, further […]
Reactive Downhole Tools Accelerates Growth through Restructuring
(Reactive Downhole Tools, 13.Feb.2024) — Realigning regional resources into a global focus, provider of high-performance well completion solutions and technologies to the global oil and […]
Chesapeake, Delfin LNG and Gunvor Ink 0.5 MTPA Deal
(Chesapeake, 13.Feb.2024) — Chesapeake Energy Corporation (NASDAQ: CHK), Delfin LNG LLC and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd, announced the entrance into a liquefied […]