(Sumitomo, 18.May.2022) — Sumitomo Corporation Andes S.A.S. (SCAN), a subsidiary of Sumitomo Corporation, together with Promigas, a leading energy distributor and transporter in South America, announced […]
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.
PNM Announces Executive Changes
(PNM, 19.May.2022) — PNM Resources, Inc. (NYSE: PNM) announces the promotion of two executives as part of the company’s ongoing development efforts under the continued leadership […]
Shell, Brazil’s Açu Partner to Build Green Hydrogen Plant
(Reuters, 19.May.2022) — Shell and Brazil’s Porto do Açu have agreed to jointly build a green hydrogen plant, executives told Reuters, a deal that could […]
CFE Reveals Commencement of Cash Tender Offer
(CFE, 19.May.2022) — Comisión Federal de Electricidad (CFE), a productive state enterprise of the Federal Government of the United Mexican States announced today that it […]
HIF Global and Uniper Ink Letter of Intent to Produce, Sell eFuels
(HIF Global, 19.May.2022) — HIF Global, HIF Chile and Uniper Global Commodities signed a Letter of Intent (the “eFuels LOI”) to negotiate binding offtake agreements […]
SQM Reports Earnings of $796.1mn in 1Q:22
(SQM, 19.May.2022) — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported earnings for the three months ended 31 March […]
NRGBriefs: Chevron Comments on Venezuelan License; SQM Results
(Energy Analytics Institute, 19.May.2022) — Energy briefs including Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) holding a conference […]
NRGBriefs: Ecopetrol’s and Oxy’s Caribbean Deep-Water Deal
(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Colombia’s state-owned Ecopetrol and US-based Occidental announcing plans to jointly participate in exploration activities in four blocks […]
Frontera Announces Annual and Special Meeting Results
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) announced results from its 2022 annual and special meeting of shareholders held today. ELECTION OF DIRECTORS Shareholders […]
Frontera Releases Sustainability Report
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) released its 2021 Sustainability Report, announced its 2022 environmental, social and governance (ESG) targets and reaffirmed its commitment […]
NG Energy Receives Initial Prepayment from the María Conchita Block
(NG Energy, 18.May.2022) — NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF) received an initial advance payment for the first 15 days of production from the María […]
Citgo Reports 1Q:22 Net Income of $245mn
(Citgo, 17.May.2022) — Citgo Petroleum Corporation reported net income of $245mn for the first quarter 2022, compared to net income of $21mn for the fourth quarter of 2021 and […]
Chevron Sanctions Ballymore Project in Deepwater US GOM
(Chevron, 17.May.2022) — Chevron Corporation (NYSE: CVX) sanctioned the Ballymore project in the deepwater US Gulf of Mexico. The project, with a design capacity of […]
US Moves to Ease a Few Economic Sanctions on Venezuela
(AP, 17.May.2022) — The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations […]
Invenergy Surpasses 30 Gigawatts as it Celebrates 20th Anniversary
(Invenergy, 17.May.2022) — Invenergy, the largest privately held global developer, owner, and operator of sustainable energy solutions, is celebrating a monumental milestone: the company has […]
Vivaris Capital and United Cities to Create Sustainable Net Zero Cities
(Vivaris Capital, 17.May.2022) — Vivaris Capital, LLC, a multi-strategy fund offering hybrid hedge and private equity structures, signed a global facilitation agreement with United Cities (UCNA). Vivaris […]
US to Ease Some Energy Sanctions on Venezuela
(CNN, 17.May.2022) — The Biden administration will begin to ease some energy sanctions on Venezuela to encourage ongoing political discussions between President Nicolas Maduro and the opposition, […]
Petrobras Announces Diesel Spill at Presidente Bernardes Refinery
(Petrobras, 17.May.2022) — Petrobras announces there was a diesel oil spill followed by a fire at the Presidente Bernardes Refinery (RPBC), located in the city […]
Orvana’s Revises Guidance Due to Impacts on Orovalle Operation
(Orvana, 10.May.2022) — Orvana Minerals Corp. (TSX: ORV) reports consolidated financial and operational results for the quarter ended 31 March 2022 and announces revised guidance for fiscal year 2022 […]
Rhyolite Identifies 3.5km of Gold in Guiana Shield
(Rhyolite Resources, 16.May.2022) — Rhyolite Resources Ltd. (TSXV: RYE) announced its inaugural 3,000-metre diamond core drilling program at the Brothers Project in Suriname has identified […]
Venezuela Petroleum Chamber President Quintero on the Oil Sector
(Energy Analytics Institute, 16.May.2022) — Venezuela Petroleum Chamber President Reinaldo Quintero spoke with Venezuelan media outlet Globovision on 16 May 2022 about US sanctions imposed […]
Oxy Reveals Cash Tender Offers for Certain Senior Notes
(Oxy, 16.May.2022) — Occidental (NYSE: OXY) has commenced cash tender offers to purchase its outstanding notes listed in the tables below in three separate pools. Occidental’s […]
All On and Solstroem Ink Deal to Finance Technology Platform for Carbon Credits
(All On, 16.May.2022) — All On, a shell-funded impact investment company focusing on strengthening the off-grid energy markets in Nigeria, is pleased to announce an […]
Shell Joins Exxon with $1bn Brazil Exploration Setback
(Bloomberg, 16.May.2022) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans […]
NRGBriefs: Pampa Energía Annual Report; Coho Trenching Starts
(Energy Analytics Institute, 16.May.2022) — Energy briefs including Argentine oil producer Pampa Energía S.A. revealing its annual report for year-end 2021; and Touchstone Exploration saying […]
Sempra Infrastructure and PGNiG Advance North American LNG Alliance
(Sempra, 16.May.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and the Polish Oil & Gas Company (PGNiG) entered into a heads of agreement (HOA) for […]
Steel Dynamics Eyes Acquisition of a Mexican Metals Recycling Company Roca
(Steel Dynamics, Inc., 16.May.2022) — Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that as part of its North American raw material procurement strategy, the company has […]
Bolsonaro Hints at Change in Petrobras’ Profit Distribution
(Reuters, 16.May.2022) — Brazilian President Jair Bolsonaro suggested on Monday he may tinker with state-run company Petrobras‘ profit policy, cutting the percentage distributed to shareholders, […]
LNG Contracting Off to Fast Start in 2022 with More Than 10 mmtpa Signed
(WoodMac, 16.May.2022) — Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals […]
Petrobras Ends Competitive Process for Sergipe-Alagoas Basin Concessions
(Petrobras, 13.May.2022) — Petrobras, following up on the release disclosed on 07/20/2018, informs that it has decided to conclude the current competitive process, which was […]
CADE Approves Petrobras’ Sale of REMAN to Ream Participações S.A.
(Petrobras, 13.May.2022) — Petrobras, following up on the release disclosed on 03/10/2022, informs that the General Superintendence of the Administrative Council for Economic Defense (CADE) […]
CSI Compressco Reports Total Revenues of $80mn in 1Q:22
(CSI Compressco, 13.May.2022) — CSI Compressco LP (NASDAQ: CCLP) announced first quarter 2022 results. The operating results presented throughout this document include the operating results of […]
NRGBriefs: Touchstone’s Strongest Quarter; JinkoSolar Files Form 20-F
(Energy Analytics Institute, 13.May.2022) — Energy briefs including Touchstone Exploration Inc‘s (AIM:TXP, TSX:TXP, OTC:PBEGF) President and CEO Paul Baay joining Katie Pilbeam to talk about […]
Nucor Announces Executive Changes
(Nucor, 13.May.2022) — Nucor Corporation (NYSE: NUE) announced that MaryEmily Slate, Executive Vice President of Commercial, plans to retire due to health issues on 11 June 2022 after more […]
Mexican Gov’t Suspends Permit Granted to Vulcan in Mexico
(Vulcan Materials, 13.May.2022) — Vulcan Materials Company (NYSE: VMC), the nation’s largest producer of construction aggregates, provided an update with respect to its Mexican SAC TUN […]
Guyanese Voice Fears Over True Cost of Exxon’s Oil Bonanza
(The Guardian, 12.May.2022) — Annette Arjoon is not anti-oil. The marine conservationist calls the vast new oilfields off Guyana’s coast a “blessing” that will earn […]
Braskem Reports 1Q:22 Recurring EBITDA of $920mn
(Braskem, 12.May.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces its results for 1Q22. 1Q22 HIGHLIGHTS CONSOLIDATED In 1Q22, the company’s Recurring […]
Pampa Energia: 1Q:22 Results Boosted by Exports, Operating Performance
(Pampa Energía S.A., 12.May.2022) — Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent company with active participation in Argentina’s electricity and gas value chain, […]
Great Panther Reports 1Q:22 Financials for Brazilian, Mexican Mines
(Great Panther, 12.May.2022) — Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) announces consolidated financial results for the three months ended 31 March 2022, from its […]
Pan American Reveals Details of Annual General, Special Meeting
(Pan American Silver, 12.May.2022) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) reported the voting results from its annual general and special meeting of shareholders held 11 May 2022, […]
NRGBriefs: Venezuela Share Offerings; Sempra Dividend
(Energy Analytics Institute, 12.May.2022) — Energy briefs including Venezuela’s President Nicolás Maduro looking to offer between 5%-10% of the shares of public companies and “empresas […]
AES El Salvador Trust II bis Launches Offer to Purchase for Cash
AES El Salvador Trust II bis, 12.May.2022) — AES El Salvador Trust II bis, a trust formed under the laws of the State of New York (the “Issuer”) […]
Bolsonaro Replaces Energy Chief After Brazil Fuel Price Hike
(Bloomberg, 11.May.2022) — Brazilian President Jair Bolsonaro replaced his Energy Minister just days after state-run Petroleo Brasileiro SA ignored his plea to not raise fuel […]
NRGBriefs: YPF Reports Strong 1Q:22 Results; Ecopetrol Growth
(Energy Analytics Institute, 11.May.2022) — Energy briefs including Argentina’s state-owned YPF delivering strong results during the 1Q:22 and again achieving higher hydrocarbon production; Ecopetrol CEO […]
Stephen McNabb Appointed Citgo Treasurer
(Citgo, 11.May.2022) — Citgo Petroleum Corporation named Stephen McNabb the company’s new Treasurer, where he will oversee liquidity management and the company’s capital structure, manage financial risk and […]
OPEC’s Mohammad Barkindo Visits Petrocedeño Upgrader
(Energy Analytics Institute, 11.May.2022) — Petróleos de Venezuela S.A. (PDVSA) President Asdrúbal Chávez, and the board of directors of the company received the Secretary General […]
Vermilion Energy Reduces Long-term Debt to $1.4bn in 1Q:22
(Vermilion Energy, 11.May.2022) — Vermilion Energy Inc. (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three months ended March 31, 2022. […]
Aris Gold Says Marmato Lower Mine Progressed in 1Q:22
(Aris Gold, 11.May.2022) — Aris Gold Corporation (TSX: ARIS) (OTCQX: ALLXF) reports financial and operating results for the three months ended 31 March 2022. All amounts are in […]
Brazil’s New Energy Minister Wants Studies on Petrobras Privatization
(Reuters, 11.May.2022) — Brazil’s newly appointed mines and energy minister, Adolfo Sachsida, said on Wednesday he will request studies on Petrobras‘ privatization as his first […]
Petrobras to Build New Diesel Hydrotreating Unit
(Reuters, 11.May.2022) — Brazilian state-run oil company Petrobras said on Wednesday it has signed a deal with TSE and Toyo Engineering Corp to build a […]