(Petrobras, 12.Apr.2023) — Petrobras, following up on the release disclosed on 23 February 2022, informs that the fulfillment of all precedent conditions has been concluded, […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
bp and Shell Break Ground on Solar Plant
(bp, 12.Apr.2023) — A sod turning ceremony today at Brechin Castle signaled the start of construction on Trinidad and Tobago’s first utility scale solar project. […]
Ecopetrol BODs Names Ricardo Roa Barragán New Chairman of Ecopetrol
(Ecopetrol, 11.Apr.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its Board of Directors, in session on 11 April 2023, appointed Ricardo Roa Barragán as CEO […]
Chipotle Pilots New Responsible Restaurant, Launches Sustainability Campaign
(Chipotle, 11.Apr.2023) — Chipotle Mexican Grill (NYSE: CMG) today announced a new all electric restaurant design that works to maximize energy efficiency in its equipment and systems and […]
SBM Offshore says FPSO Prosperity reaches Stabroek block offshore Guyana
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Apr.2023) — SBM Offshore said the FPSO Prosperity reached the Stabroek block offshore Guyana. The vessel travelled just […]
Silver Viper Renegotiates Rubi-Esperanza Cash and Option Agreement
(Silver Viper, 6.Apr.2023) — Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) has renegotiated terms of the Rubi-Esperanza Option Agreement to purchase three mineral concessions, originally […]
GoGold Reports Parral Production for Quarter Ending Mar. 2023
(GoGold Resources, 6.Apr.2023) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) reported production for the quarter ending 31 March 2023 of 400,145 silver equivalent ounces, consisting of 173,717 silver […]
Kootenay Silver Reveals Term Amendments for the Columba Option Agreement
(Kootenay, 6.Apr.2023) — Kootenay Silver Inc. (TSXV: KTN) has amended the terms for the Columba option agreement to allow for 50% of the April 2023 payment of US$430,000 plus 16% […]
ICJ Delivers Judgement in Guyana v. Venezuela Case
(ICJ, 6.Apr.2023) — On 6 April 2023, the International Court of Justice, the principal judicial organ of the United Nations, will deliver its Judgment on […]
GreenIT’s 2023-2027 Business Plan Approved with Shareholders’ Backing
(Eni, 6.Apr.2023) — The Board of Directors of GreenIT, the Italian joint venture established in 2021, 51% owned by Plenitude (Eni) and 49% by CDP […]
Eni Celebrates Sail Away of FPSO Firenze to Baleine Field Offshore Côte d’Ivoire
(Eni, 6.Apr.2023) — Eni, in partnership with PetroCi, celebrated the sail away of the FPSO Firenze to the Baleine field offshore Côte d’Ivoire in Dubai. […]
Petrobras on Organizational Adjustment
(Petrobras, 6.Apr.2023) — Petrobras announces that its Executive Board, in a meeting held today, approved an organizational adjustment proposal to be submitted to the Board […]
Tellurian Enters into Material Definitive Agreement
(Tellurian, 6.Apr.2023) — On 4 April, 2023, Tellurian Inc. entered into a binding letter of intent (the “LOI”) with a New York-based institutional investor with […]
Border Spat: CIJ Rejects Venezuela’s Objection to Guyana [PDF Download]
(Energy Analytics Institute, 6.Apr.2023) — The court finds that the preliminary objection raised by the Bolivarian Republic of Venezuela is admissible. By fourteen votes to […]
Collaborating for Clean Energy at Toyota’s North Alabama Engine Plant
(Toyota, 5.Apr.2023) — More than 70 percent of Toyota Motor Manufacturing, Alabama’s power will soon be generated by the sun. Today, Huntsville Utilities, Toyota Alabama and Toyota Tsusho America, […]
Agreement Between Iraq and TotalEnergies
(Total, 5.Apr.2023) — While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi government have, through exchanges […]
Fitch Upgrades Saudi Arabia to ‘A+’; Outlook Stable
(Fitch Ratings, 5.Apr.2023) — Fitch Ratings upgraded Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘A+’ from ‘A’. The Outlook is Stable. A full […]
IMF’s Lower Bar for Argentina Already Looks Too High
(Reuters, 5.Apr.2023) — The International Monetary Fund (IMF) has given Argentina something of break by easing economic targets in its $44 billion loan deal, but […]
Petrobras on Pricing Policy
(Petrobras, 5.Apr.2023) — Petrobras reaffirms its commitment to the practice of competitive prices and in balance with the national market, while avoiding the immediate pass-through […]
PGS Rejuvenated Data for Guyana Deepwater Block Evaluation
(PGS, 4.Apr.2023) — In collaboration with the Guyana Ministry of Natural Resources (MNR), PGS has released 4460 km of rejuvenated 2D GeoStreamer depth data supporting […]
FLNG Market Boasts $35bn EPC Contract Award Value 2023-27
(Westwood, 4.Apr.2023) — When Shell announced final investment decision (FID) on its Prelude floating liquefaction natural gas (FLNG) unit in May 2011, it was meant […]
Riley Permian Closes New Mexico Acquisition
(Riley Exploration, 4.Apr.2023) — Riley Exploration Permian, Inc. (NYSE American: REPX) completed its previously announced acquisition of New Mexico oil and natural gas assets from Pecos Oil […]
Canadian Pacific on Results of Early Tenders of Kansas City Southern Notes
(Canadian Pacific, 3.Apr.2023) — Canadian Pacific (TSX: CP) (NYSE: CP) today announced that as of 5:00 p.m. ET on 31 March 2023 (the “Early Participation Date”), the aggregate principal amounts […]
Venezuela Opposition Envoy Urges Biden to Ease Oil Sanctions
(AP, 3.Apr.2023) — The new representative of Venezuela’s opposition in the U.S. is urging the Biden administration to relax crippling oil sanctions on Nicolas Maduro’s […]
BidOut Reveals American Energy Management Partnership
(BidOut, 3.Apr.2023) — Virtually every sector has experienced supply chain disruptions and the oil and gas industry is no exception. One company, BidOut, has developed […]
Arctech to Provide 365MW Solar Tracking Solution in Mexico
(Arctech, 3.Apr.2023) — Arctech, a solar tracking and racking solution provider, is poised to provide 365.8MW SkyLine II solar tracking solution to Puerto Penasco Solar […]
Venture Global Supplies First LNG Cargo to Finland
(Venture Global, 3.Apr.2023) — Vitol announced the delivery of the first LNG cargo to ever arrive in Finland. The tanker, which can hold 174,062 m3 […]
Aker BP Awarded Power from Shore Licence for Yggdrasil
(Aker BP, 31.Mar.2023) — Today, the Ministry of Petroleum and Energy (MPE) awarded Aker BP a licence to connect the platforms in the Yggdrasil area […]
Noble Announces Changes to Share Capital
(Noble, 31.Mar.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the period since February 28, 2023, 3,776,358 […]
Petrobras on Bahia Terra Production
(Petrobras, 31.Mar.2023) — Petrobras, following up on the release disclosed on 14 March 2023, informs that it obtained, on Friday 31 March, authorization from the […]
Petrobras on Strategic Planning
(Petrobras, 31.Mar.2023) — Petrobras informs that its CEO, Jean Paul Prates, submitted to the Executive Board, which in turn, discussed and validated the following proposals, […]
Forbes Names TechnipFMC in its World’s Top 400 Female-Friendly Companies List
(TechnipFMC, 31.Mar.2023) — TechnipFMC was recognized by Forbes as one of the World’s Top 400 Female-Friendly Companies in 2022 in an independent study conducted in […]
Wintershall DEA Completes Acquisition of 37% Stake in Hokchi Block
(Wintershall DEA, 31.Mar.2023) — The acquisition of a 37% non-operated participating interest in the oil producing Hokchi Block offshore Mexico by Wintershall Dea was completed […]
Aker BP and OMV Awarded Licence for CCS in Norwegian Continental Shelf
(Aker BP ASA, 31.Mar.2023) — Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) and OMV (Norge) AS have entered into a collaboration agreement for carbon capture and […]
Award of Two New CO2 Storage Licences on the Norwegian Continental Shelf
(Les på norsk, 31.Mar.023) — Today the Norwegian Ministry of Petroleum and Energy publishes offers for two new exploration licences related to CO2 storage under […]
Global Gas Flaring Tracker Report [PDF Download]
(The World Bank, 31.Mar.2023) — After a decade of little progress, global gas flaring volumes fell by around 3% in 2022. However, despite this welcome […]
EAI’s NRGBriefs: Mar. 2023
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a […]
Marathon Oil to Further Develop Equatorial Guinea Gas Mega Hub
(Marathon Oil Corp., 30.Mar.2023) — Marathon Oil Corporation (NYSE: MRO), through its affiliated company Marathon E.G. Holding Limited, has signed a Heads of Agreement (HOA) with the […]
Uranium Energy on Uranium Producers of America
(Uranium Energy, 29.Mar.2023) —Uranium Energy Corp (NYSE American: UEC) announced that Scott Melbye, UEC’s Executive Vice President, has been re-elected to serve another term as President […]
Petrobras on Ministry of Mines and Energy Letter
(Petrobras, 29.Mar.2023) — Petrobras, following up on the release disclosed to the market on 17 March 2023, informs that it received Official Letter 257/2023/GM-MME from […]
Petrobras on Climate Supplement
(Petrobras, 29.Mar.2023) — Petrobras released the new edition of its Climate Supplement. The document details information regarding Petrobras’ emissions performance in 2022, in addition to […]
MPC Energy Expands Further into Puerto Rico
(MPC Energy, 28.Mar.2023) — MPC Energy Solutions (MPCES) invests in a 2.6 MW grid-tied combined-heat-and-power plant (CHP) development project in Puerto Rico. This is the second […]
SSR Mining Reports Positive Results at Puna [PDF Download]
(SSR Mining, 27.Mar.2023) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced results from 48 drill holes completed at the Puna project for the period […]
Petrobras on Supplier Engagement in Sustainable Practices
(Petrobras, 27.Mar.2023) — Petrobras was recognized as one of the leading companies in supplier engagement by the international organization CDP, formerly known as the Carbon […]
Frontera Refinances Existing Puerto Bahía Debt, Enters Into Credit Agreement
(Frontera, 27.Mar.2023) — Frontera Energy Corporation (TSX: FEC) announces that Frontera’s wholly-owned subsidiary, Pipeline Investment Limited (PIL), which owns a 35% equity interest in Oleoducto […]
Baker Hughes to Supply Trains for Port Arthur LNG Phase 1 Project
(Baker Hughes, 27.Mar.2023) — Baker Hughes (NASDAQ: BKR), an energy technology company, has been awarded an order by Bechtel to supply two Main Refrigerant Compressors […]
ONE GUYANA FPSO Reaches Drydock [Video]
(Energy Analytics Institute, 24.Mar.2023) — The ONE GUYANA FPSO has arrived in drydock at Keppel shipyard. This marks a key milestone in the project, this […]
Ecopetrol Names Alberto Consuegra Granger as Interim CEO
(Ecopetrol, 24.Mar.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on 24 March 2023, its Board of Directors appointed Alberto Consuegra Granger as interim CEO of Ecopetrol […]
Ecopetrol Not Advancing Plans to Buy Monómeros Colombo Venezolanos S.A.
(Ecopetrol, 24.Mar.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, with regards to statements in the public media about a possible acquisition by Ecopetrol of the […]
Petrobras on Route 3 Integrated Project
(Petrobras, 24.Mar.2023) — Petrobras, following up on the release disclosed on 09/23/22, has signed a contract with the company Toyo Setal Empreendimentos Ltda. to conclude […]