ENERGY ANALYTICS INSTITUTE (EAI), Author at Energy Analytics Institute (EAI)

New Pacific Reports Financial Results

(New Pacific, 25.Aug.2022) — New Pacific Metals Corp. reports its financial results for the three months and year ended June 30, 2022. All figures are expressed in […]

Air Products to Provide Heat Exchangers for Qatar NFE LNG Project

(Air Products, 25.Aug.2022) — Air Products (NYSE: APD), a leader in liquefied natural gas (LNG) technology and equipment, has been awarded the contract to supply four end flash […]

Moody’s Affirms Ecopetrol’s Investment Grade Ratings

(Energy Analytics Institute, 25.Aug.2022) — Moody’s Investors Service affirmed Ecopetrol S.A.‘s (BVC: ECOPETROL; NYSE: EC) global credit rating at Baa3 with a negative outlook and […]

First Hole HMN Li Project, Argentina Second Drill Rig on Site

(Lithium South, 25.Aug.2022) — Lithium South Development Corporation (TSX-V: LIS) (OTC-QB: LISMF) (Frankfurt: OGPQ) provided an update on the drilling campaign currently underway at the Hombre […]

Eco (Atlantic) Updates on Guyana and Namibia

(Eco Atlantic, 25.Aug.2022) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG) announced its results for the three months ended 30 June 2022. In addition, […]

Petrobras Receives Transparency Trophy 2022

(Petrobras, 24.Aug.2022) — Petrobras was elected one of the ten companies with the most transparent financial statements in Brazil in the category of companies with […]

OPEC+ Deepens Support for Saudi Call to Weigh Supply Curbs

(Bloomberg, 24.Aug.2022) — OPEC’s united front on possible action grew stronger, as more nations endorsed Saudi Arabia’s view that supply curbs may be needed to […]

Energy Transfers Inks 2.1 MTPA Supply Deal with Shell

(Energy Transfer, 24.Aug.2022) — Energy Transfer LP (NYSE: ET) announced its subsidiary, Energy Transfer LNG Export, LLC, has entered into a 20-year LNG Sale and Purchase Agreement […]

Astra Completes Phase II Drilling, Extends Paciencia Vein to 2.1km

(Astra Exploration, 23.Aug.2022) — Astra Exploration Inc. (TSX-V: ASTR, OTCQB: ATEPF) has completed 3,976 metres of RC drilling in 15 holes at its Pampa Paciencia […]

Freeport LNG Eyes Partial Restart in November 2022

(Freeport LNG Development, 23.Aug.2022) — Freeport LNG Development, L.P. has completed a detailed assessment of alternatives for resuming operations at its liquefaction facility following the […]

TotalEnergies Reveals Initial Power at Scotland Offshore Wind Farm

(TotalEnergies, 23.Aug.2022) — TotalEnergies and its partner SSE Renewables, announced first power generation from the Seagreen offshore wind farm, 27km off the coast of Angus […]

APA Corp. Reveals First Find in Suriname Block 53; Plugs Dikkop

(APA Corp., 23.Aug.2022) — APA Corporation (Nasdaq: APA) announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent […]

KAPSARC: Investment Challenges Affecting the Oil and Gas Industry

(Energy Analytics Institute, 22.Aug.2022) — Research Lead Hamid M. Al Sadoon and and Research Fellow Julio Arboleda with the King Abdullah Petroleum Studies and Research […]

Guyana Oil Production Data Available to the Public

(Energy Analytics Institute, 22.Aug.2022) — Guyana’s Ministry of Natural Resources announced that the country’s oil production data is now available for public consumption. The data […]

Inflation Reduction Act of 2022 – What it Means for You?

(US DOE, 22.Aug.2022) — One of President Biden’s signature accomplishments, the Inflation Reduction Act of 2022 (IRA), has been signed into law. This mark’s the […]

The NGC Group Returns to Profitability in 2021

(NGC, 22.Aug.2022) — The NGC Group of Companies’ financial performance for 2021, demonstrated a significant turnaround in profitability, as it successfully navigated the global energy […]

Eni Makes Significant Gas Find Offshore Cyprus

(Eni, 22.Aug.2022) — Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 meters […]

TotalEnergies Reports Significant Gas Find Offshore Cyprus in Block 6

(TotalEnergies, 22.Aug.2022) — TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows […]

Irfaan Ali: Oil, Gas Boom Will Ensure Guyana’s Future

(Trinidad and Tobago Newsday, 21.Aug.2022) — Guyanese President Dr Mohamed Irfaan Ali said the oil and gas boom Guyana is experiencing will ensure the country’s […]

Petrobras BODs Approves Issuance of Commercial Notes

(Petrobras, 19.Aug.2022) — Petrobras hereby informs that the Executive Board approved on 18 August 2022, the 1st issuance of book-entry commercial notes (Issuance), without collateral […]

ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC

(Law360, 19.Aug.2022) — ConocoPhillips won approval on Friday to enforce an $8.5 billion arbitral award against Venezuela despite the country ignoring the litigation for more than […]

Petrobras on Divestment of Refining and Logistics Assets

(Petrobras, 19.Aug.2022) — Petrobras, following up on the releases disclosed on 27 June 2022 and 15 July 2022, informs the beginning of the non-binding phase […]

Subsea 7 Awarded Floating Wind FEED Contract in South Korea

(Energy Analytics Institute, 18.Aug.2022) — Subsea 7 was awarded a floating wind FEED contract by Corio and TotalEnergies for a floating wind development in South […]

ARMM Enters into Business Combination with Current Energy and Renewables Corp.

(ARMM Inc., 18.Aug.2022) — ARMM Inc. (OTCQB: ARMM) entered into a binding letter of intent with Current Energy and Renewables Corp. (“CER”), a supplier of renewable and traditional […]

Petrobras Concludes Ibiritermo S.A. Acquisition

(Energy Analytics Institute, 18.Aug.2022) — Petrobras finalized the acquisition of Edison S.p.A.‘s 50% stake in Ibiritermo S.A. while the transfer of Usina Termelétrica Ibirité to […]

Gran Tierra Energy Reveals New $150mn Credit Facility

(Gran Tierra, 18.Aug.2022) — Gran Tierra Energy Inc. (NYSE:GTE) (TSX:GTE) (LSE:GTE) announced that it has, through its wholly owned subsidiaries Gran Tierra Energy Colombia, LLC and […]

Maersk Drilling Releases Fleet Status Report on 2Q:22 Activity

(Energy Analytics Institute, 18.Aug.2022) — Maersk Drilling announced that the total firm value of contracts and extensions awarded to the company during the second quarter […]

CVM Rejects ANAPETRO Shareholder Meeting Request

(Energy Analytics Institute, 17.Aug.2022) — Petrobras received a letter on from the Brazilian Securities and Exchange Commission (CVM) informing that the Collegiate of the CVM […]

Brazil’s ANP Opens Permanent Bid Round for 11 Offshore Blocks

(Energy Analytics Institute, 17.Aug.2022) — Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) published details 17 August 2022 in the South American country’s Official […]

Touchstone Announces Approval of Cascadura Certificate

(Touchstone, 17.Aug.2022) — Touchstone Exploration Inc. (TSX, LSE:TXP) announced on 16 August 2022 that it received a Certificate of Environmental Clearance (“CEC”) to conduct development […]

Höegh LNG Partners LP to Host 2Q:22 Results Call

(Energy Analytics Institute, 17.Aug.2022) — Höegh LNG Partners LP (NYSE: HMLP) will release its second quarter 2022 results on Wednesday 24 August 2022 before the market […]

LONGi and ACESOL to Promote Solar Energy Development in Chile

(Energy Analytics Institute, 16.Aug.2022) — LONGi, involved in the manufacture of mono-crystalline photovoltaic modules and cells, has joined the network of associates of the Chilean […]

Petrobras on the Divestment of Potiguar Basin Exploration Assets

(Petrobras, 16.Aug.2022) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of 40% of its interest in the BM-POT-17 […]

Petrobras on Letter Regarding Controlling Shareholder

(Energy Analytics Institutes, 15.Aug.2022) — Petrobras, following up on press statements it distributed on 20 July 2022 and 11 August 2022, says it has received […]

Are Talks Over Detained Americans Slowing the Fight for Democracy in Venezuela?

(CNN, 16.Aug.2022) — A growing number of US citizens are being detained in Venezuela — and though exactly how many is unknown, the detentions could give authoritarian […]

Ecopetrol Inks Electric Energy Commercialization Deal with Gecelca S.A. E.S.P.

(Ecopetrol, 16.Aug.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) hereby informs that, on the occasion of its withdrawal from the electric energy commercialization activities, derived from the […]

NFE and Apollo Complete $2bn LNG Maritime JV

(New Fortress Energy, 15.Aug.2022) — New Fortress Energy Inc. (NASDAQ: NFE) and Apollo (NYSE: APO) have completed the previously announced Joint Venture, establishing a platform […]

Barbados Caps Fuel Prices, PM Mottley Says

(Energy Analytics Institute, 15.Aug.2022) — Barbados Prime Minister Mia Amor Mottley has capped fuel prices through January 2023 after earlier reducing the value added tax […]

Mexico Plans to be LNG Export Hub with US Gas

(Bloomberg, 15.Aug.2022) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the […]

Trinidad Imposes 6-month Ban on Scrap Iron Exports

(Trinidad and Tobago Newsday, 15.Aug.2022) — The government has imposed a six-month ban on the export of old and scrap iron to deal with the […]

Petro Rio Reports Temporary Production Hiccup at Frade

(Energy Analytics Institute, 15.Aug.2022) — Petro Rio S.A. (B3: PRIO3) notified its shareholders of a temporary production interruption at the Frade Field due to a […]

Keppel Wins $2.9bn Newbuild FPSO P-80 Contract from Petrobras

(Keppel Shipyard, 15.Aug.2022) — Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, […]

Petrobras Inks Deal with Keppel for P-80 Platform

(Petrobras, 15.Aug.2022) — Petrobras informs that, as a result of the progress of the development project for the Búzios field, in the Santos Basin pre-salt […]

Argentina to Send Humanitarian Aid to Cuba after Oil Fire

(Xinhua, 14.Aug.2022) — The Argentinean Foreign Ministry announced on Sunday that three batches of humanitarian aid will be sent to Cuba to alleviate the severe […]

Tethys Oil Updates on July 2022 Production

(Tethys Oil, 12.Aug.2022) — Tethys Oil AB’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in July 2022 […]

PDVSA Pauses Oil-for-debt Shipments to Europe, Wants Product Swaps

(Reuters, 12.Aug.2022) — Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it […]

Siemens Gamesa Inks new Partnership with Azure Power in India

(Siemens Gamesa, 12.Aug.2022) — Siemens Gamesa has secured its first order in India with Azure Power India Private Limited to supply 96 SG 3.6-145 wind turbines for a 346 MW project in […]

Maersk Awarded Extension with TotalEnergies offshore Denmark

(Maersk, 12.Aug.2022) — TotalEnergies EP Denmark A/S exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk […]

Ecopetrol Says Colombia Should Pare Back Planned Export Tax

(Bloomberg, 12.Aug.2022) — Colombia’s state-controlled oil producer Ecopetrol SA is proposing to dilute a planned oil export tax that is a major part of President […]

Pemex Requests $6.5bn More Funding for ‘Dos Bocas’ Refinery

(Reuters, 12.Aug.2022) — Mexico’s state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at the ‘Dos Bocas’ […]