(CARICOM, 25.Oct.2023) — The Caribbean Community (CARICOM) notes the decision of the Venezuelan National Assembly to conduct a popular referendum on defending Venezuela’s claim of […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
Nabors Reports 3Q:23 Results
(Nabors, 25.Oct.2023) — Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss […]
BP Fair Fund to Compensate Certain Investors in BP plc Ordinary Shares
(RCB Fund, 24.Oct.2023) — RCB Fund Services LLC, the Distribution Agent for the BP plc Fair Fund, announces the opening of the claims process for […]
Venture Global Closes $4bn Senior Secured Notes Offering
(Venture Global LNG, 24.Oct.2023) — Venture Global LNG, Inc. closed its offering of $4bn aggregate principal amount of senior secured notes which have been issued in two […]
CGG Joins Phase 3 of HNET Seismic Monitoring Network
(CGG, 24.Oct.2023) — CGG has joined Phase 3 of the HNET Horda Platform Region Project led by industry partners to monitor background seismicity at the […]
CNOOC Limited Releases 3Q:23 Operating Results
(CNOOC, 24.Oct.2023) — CNOOC Limited (SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operating results for the third quarter of […]
Range Announces 3Q:23 Results [PDF Download]
(Range Resources, 24.Oct.2023) — Range Resources Corporation (NYSE: RRC) announced its third quarter 2023 financial results. ____________________
FMC Updates to 3Q:23 and YE:23 Outlook
(FMC, 23.Oct.2023) — FMC Corporation (NYSE:FMC) provided an update on third quarter expectations compared to its previously provided outlook. Revenue in the third quarter is […]
Argentina Lithium engages Resource Stock Digest for marketing contract
(Argentina Lithium & Energy Corporation, 23.Oct.2023, Words: 177) — Argentina Lithium & Energy Corp. has entered into a services agreement with Resource Stock Digest (RSD), of […]
Eni Inks LNG Deal Related to Qatar’s North Field East Expansion Project
(Eni, 23.Oct.2023) — Eni signed a long-term contract with QatarEnergy LNG NFE (5), the JV between Eni and QatarEnergy for the development of the North […]
Nucor Corp. Reports 3Q:23 Results
(Nucor, 23.Oct.2023) — Nucor Corporation (NYSE: NUE) announced consolidated net earnings attributable to Nucor stockholders of $1.14bn, or $4.57 per diluted share, for the third quarter of 2023. By […]
Venezuelan Oil-Sanctions Relief Was Just Announced. It Could Be Tested Soon
(Barron’s, 23.Oct.2023) — The U.S. administration’s new oil sanctions relief toward Venezuela is broad-ranging and impactful. It’s unlikely to have any immediate effect on international oil prices, […]
Welligence says Hess Corporation gives Chevron Atlantic margin exposure
PANAMA CITY, PANAMA (Energy Analytics Institute, 23.Oct.2023, Words: 203) — US-based Chevron Corporation will acquire Hess Corporation for $60bn (including net debt), the second giant […]
Venezuela’s Heavy Oil Output Rises Limited Following US Sanctions Relief: EIA
(EIA, 23.Oct.2023) — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) effectively lifted most U.S. sanctions on Venezuela’s energy sector on October 18 […]
Petrobras on Proposal to Revise its Bylaws to be Submitted to EGM
(Petrobras, 23.Oct.2023) — Petrobras informs that its Board of Directors has approved, by majority vote, the submission of a proposal to revise its Bylaws to […]
Chevron to Acquire Hess in $53bn All-Stock Deal
(Chevron, 23.Oct.2023) — Chevron Corporation (NYSE: CVX) has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares […]
Colombia Eyes Country’s First Offshore Wind Auction
(Energy Analytics Institute, 22.Oct.2023) — Colombia government expects to reveal detail about the first offshore wind energy auction in Colombia and Latin America. The Colombian […]
Eni Reports Sail Away of the Tango FLNG, Excalibur FSU Vessels to Congo
(Eni, 21.Oct.2023) — In the presence of Bruno Jean Richard Itoua, Minister of Hydrocarbons of the Republic of the Congo, Maixent Raoul Ominga, Managing Director […]
Fast Output Recovery Still Challenging in Venezuela
(WoodMac, 20.Oct.2023) — Addressing the US Treasury Department’s partially lifted sanctions on Venezuela’s oil and gas sector, Adrian Lara, principal research analyst, Latin America Upstream Oil […]
Nucor Exploring Potential Sites in the Pacific Northwest to Build New Rebar Micro Mill
(Nucor, 20.Oct.2023) — Nucor Corporation (NYSE: NUE) is exploring potential sites in the Pacific Northwest to build a new rebar micro mill with an annual capacity […]
Silver Viper Further Amends Rubi-Esperanza Option Agreement
(Silver Viper Minerals, 20.Oct.2023) — Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) announced that, further to its press release April 6, 2023, it has amended […]
AG&P Group Announces Exciting Changes in Leadership
(AGP, 20.Oct.2023) — AGP international Holdings Pte Ltd. (AGPIH/AG&P Group) announced several changes in its leadership team. At the Group level, effective 15 October 2023, […]
SLB Reports Strong 3Q:23 Results [PDF Downloads]
(SLB, 20.Oct.2023) — SLB (NYSE: SLB) announced results for the third-quarter 2023 and SLB CEO Olivier Le Peuch commented: “Our third-quarter results continue to reflect strong year-to-date […]
Canacol On Canceling EPM Sales Contract, Strategic Entrance into Bolivia
(Canacol, 19.Oct.2023) — Canacol Energy Ltd. (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin […]
Glaucus-1 Well Confirms Extension of Gas Province Offshore Colombia
(Ecopetrol, 19.Oct.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) confirms that the Glaucus-1 well has verified the presence of natural gas in the deep waters of the […]
Enilive’s Diesel from 100% Renewable Raw Materials Powers Lannutti’s Fleet
(Eni, 19.Oct.2023) — Enilive (Eni Sustainable Mobility), through the Eni Fuel company, and Lannutti Group, a leading operator in the logistics and road transport sector, […]
Frontera on 3Q:23 Financial Results and Conf. Call
(Frontera, 19.Oct.2023) — Frontera Energy Corporation (TSX: FEC) announces that its third quarter 2023 results will be released after markets close on Thursday, 9 November 2023. […]
Trinidad Approved to Pay PDVSA
(Welligence, 19.Oct.2023) — Trinidad & Tobago (T&T) has received approval from the US government to pay PDVSA, the Venezuelan NOC, in cash for gas from Venezuela. […]
CNOOC says Train 3 of Tangguh LNG commences production
(CNOOC, 19.Oct.2023, Words: 173) — CNOOC Limited announces that the first LNG cargo from the newly-built liquefaction train (Train 3) of the Tangguh LNG project in Indonesia has […]
CSI Compressco Reveals Quarterly Distribution, Schedules 3Q:23 Earnings Call
(CSI Compressco, 19.Oct.2023) — CSI Compressco LP (NASDAQ: CCLP) announced that the board of directors of its general partner has declared a cash distribution attributable to […]
FACTBOX: Top Candidates in Venezuela’s Opposition Primary
(Reuters, 19.Oct.2023) — Voters in Venezuela will on Sunday choose a unity candidate from among 10 hopefuls to represent the country’s opposition in 2024 presidential elections, when […]
Jinko Solar Reveals Some Estimates of Preliminary Financial Results
(JinkoSolar, 18.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its majority-owned principal operating subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) published estimates of certain […]
GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership
(GITEX, 18.Oct.2023) — Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean energy solutions towards tackling […]
Biden Eases Sanctions on Venezuelan Oil, Republicans Howl
(Politico, 18.Oct.2023) — The Biden administration said Wednesday it will ease sanctions against companies that trade in oil produced in Venezuelan or invest in the […]
Venezuela’s Oil Sanctions Relief May Lift Profits, No Fast Output Rebound
(Reuters, 18.Oct.2023) — A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but could boost profits by returning some foreign companies […]
Lithium South Expands Production Goals with Updated PEA
(Lithium South, 18.Oct.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce that it has selected Knight Piésold Consulting (KP) […]
FAQ: Suspension of Certain US Sanctions on Venezuela [PDF Downloads]
(US Department of State, 18.Oct.2023) — On October 18, 2023, the United States welcomed the announcement of a political agreement between representatives of Maduro and […]
Venezuela to Divert Barrels from China if US Continues Easing Sanctions
(Reuters, 18.Oct.2023) — Exemptions to sanctions on Venezuelan oil exports that the U.S. is mulling should not result in a large crude production surge in the […]
Africa’s $800bn Upstream Investment Cycle
(WoodMac, 18.Oct.2023) — The African upstream oil and gas sector is in the middle of an US$800bn capital expenditure (capex) programme that will see liquified […]
Senior Administration Officials on Venezuela
(US Department of State, 18.Oct.2023) — Senior US Departement of States administration officials held a teleconference to discuss political advancements in Venezuela. MODERATOR: Good evening, […]
Versalis: Acquisition of Novamont Finished
(Eni, 18.Oct.2023) — Versalis now holds the entire share capital of Novamont, of which it already owned 36%. The transaction, announced on 28 April and […]
SOAR Energy Launches SolarScan, an AI-Powered Home Energy Assessment Tool
(SOAR Energy, 18.Oct.2023) — SOAR Energy, a growing solar company powered by Better Earth, today announced the launch of SolarScan, its artificial intelligence (AI) and machine […]
African Leaders Slam Western Energy ‘Hypocrisy’ but Financing Woes Remain
(S&P Global, 17.Oct.2023) — In a rousing performance to open African Energy Week in Cape Town, the cry went out from a young troupe of […]
Venezuelan Oil Output Could Jolt if Reported Sanctions Deal Transpires: Rystad
(Rystad, 17.Oct.2023) — A reported deal between the US and Venezuela to ease sanctions on the South American country’s oil industry could pave the way […]
Tecpetrol on Alpha Lithium Tender
(Tecpetrol, 17.Oct.2023) — Tecpetrol Investments S.L. issued a reminder to shareholders of Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) to tender their […]
Energy Chamber Welcomes Progress on Dragon Field Development
(The Energy Chamber, 17.Oct.2023) — The Energy Chamber of Trinidad & Tobago warmly welcomes the announcement from the Trinidad & Tobago Minister of Energy and […]
US State Department: Joint Statement on Venezuela Negotiations
(US Department of State, 17.Oct.2023) — The following statement was released by Secretary of State Antony J. Blinken, the EU High Representative for Foreign Affairs […]
US Grants License Amendment to Trinidad for Joint Natgas Project with Venezuela
(Reuters, 17.Oct.2023) — The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development […]
T&T Can Pay Cash for Dragon Field Gas
(Trinidad Express, 17.Oct.2023) — Trinidad and Tobago can now make cash payments to Venezuela for the natural gas extracted from the Dragon field, Energy Minister […]
Trinidad on Amendment to OFAC License [Video]
(TT MEEI, 17.Oct.2023) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister […]