Chevron Launches Sale of Congo Oil Assets
(Reuters, 25.May.2023) — Chevron (CVX.N) has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable...
Energy Analytics Institute’s NRGBriefs: April 2023
(Energy Analytics Institute, 30.Apr.2023) — Energy briefs as well as others related to finance and politics during April 2023 including the US not blocking the court-ordered sale of shares of Citgo...
![Eni Reports 1Q:23 Financial, Operational Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2020/09/Eni_Oil_company-768x415.jpg)
Eni Reports 1Q:23 Financial, Operational Results [PDF Downloads]
(Eni, 28.Apr.2023) — Eni's Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the first quarter of 2023. eni-first-quarter-2023-ceo-claudio-descalzi-comments-resultsDownload 1Q-2023-SpeechDownload first-quarter-2023-results-presentationDownload ____________________
![TotalEnergies Reports Strong 1Q:23 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/05/visuel_resultats_Q1_large_1-source-total.webp)
TotalEnergies Reports Strong 1Q:23 Results [PDF Downloads]
(TotalEnergies, 27.Apr.2023) — TotalEnergies “again demonstrates its ability to generate strong results, posting in the first quarter 2023 adjusted net income of $6.5 billion,” CEO Patrick Pouyanné said. totalenergies-1q23-resultsDownload totalenergies-1q23-results-tablesDownload...
Eni Inaugurates Congo LNG Project in the Republic of the Congo
(Eni, 25.Apr.2023) — The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, today laid the foundation stone of Congo...
Sintana Retains Carried Indirect Interest in Namibia
(Sintana Energy, 21.Apr.2023) — Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) confirmed that over fifty per cent of the 6,872 square kilometers of 3D seismic survey data has been gathered...
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. The event was attended by...
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 to be the start of...
![Global Gas Flaring Tracker Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/04/us-flaring-2023-source-the-world-bank.png)
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 reduction, greater and sustained efforts...
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 Republic of Equatorial Guinea (E.G.) and Noble...
Eni: 4Q:22 and YE:22 Results [PDF Downloads]
(Eni, 23.Feb.2023) — Eni's Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2022. Eni CEO Claudio...
TotalEnergies Inks Renewable PPAs with Sasol and Air Liquide
(TotalEnergies, 23.Feb.2023) — TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of...
Energy Analytics Institute’s NRGBriefs: February 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela;...
How the Russia-Ukraine War is Changing Energy Markets
(WoodMac, 23.Feb.2023) — Ukraine’s battle is existential. The country has suffered a year of lost lives, its people forced to live each day in perpetual fear and witness the destruction...
Chevron Inks MOU with Egypt on Methane Management
(Chevron, 21.Feb.2023) — Chevron New Ventures PTE. LTD. and the Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) signed a memorandum of understanding (MoU) to share best practices and expertise...
TechnipFMC Awarded Contract by TotalEnergies EP Angola
(TechnipFMC, 20.Feb.2023) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola...
Gold Fields’ Operational Performance FY:22
(Gold Fields, 15.Feb.2023) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) has met production and cost guidance for FY 2022. FY 2022 operational performance Attributable gold equivalent production for FY 2022...
Energy Analytics Institute’s NRGBriefs: January 2023
(Energy Analytics Institute, 31.Jan.2023) — Energy briefs as well as others related to finance and politics during January 2023 including Trinidad and Tobago Prime Minister Dr. Hon. Keith Rowley said...
Start-up of Natural Gas Power Generation at Moundou Power Station
(Perenco, 31.Jan.2023) — PetroChad Mangara (PCM), Perenco’s wholly owned Chad subsidiary, is proud to announce the start-up of natural gas generated power at the Moundou Power Station in Chad. Seven...
New Global Finds Drive Exploration to Highest Value Creation in Over a Decade
(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon,...
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on Venezuela resulting in increased US...
B2Gold Reports Two Fatalities from Off-Site Incident in Mali
(B2Gold, 29.Dec.2022) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) deeply regrets to report that two B2Gold employees have passed away as a result of injuries sustained in an off-site robbery incident in Mali earlier today. All reports have...
Saipem Awarded New Offshore Deals for $1.2bn in Guyana and Egypt
(Saipem, 15.Dec.2022) — Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately $1.2bn. In Latin America: Guyana The first contract has been awarded by...
Awalé Files Technical Report For NW Goliath Project in Suriname
(Awalé, 15.Dec.2022) — Awalé Resources Limited (TSXV: ARIC) has filed a technical report regarding the Northwest Goliath Project in Suriname. This prospective gold project, along trend from the Rosebel Mine...
Chad Contests Savannah Energy Acquisition of Exxon Mobil Assets
(Reuters, 13.Dec.2022) — Chad may ask its courts to block Savannah Energy's purchase of Exxon Mobil Corp's assets in the country, saying the final terms of the deal were substantially...
Energy Analytics Institute’s NRGBriefs: November 2022
(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching its strategic plan for 2023-27;...
South Africa: TotalEnergies Responds to Bloom and The Green Connection
(TotalEnergies, 22.Nov.2022) — In response to an open letter from Bloom dated 17 October 2022 concerning TotalEnergies' gas exploration project in South Africa, Patrick Pouyanné, Chairman and Chief Executive officer...
Eni and Sonatrach Inaugurate Solar Lab, Lay First Stone of PV Facility in BRN, Algeria
(Eni, 17.Nov.2022) — The CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar have inaugurated the Solar Lab and laid the first stone of a 10MW photovoltaic...
APA Corp. Achieves Goal of Reducing Upstream Routine Flaring in Egypt by 40%
(APA Corp., 14.Nov.2022) — APA Corporation (Nasdaq: APA) today announced the achievement of a compensation-linked environmental, social and governance (ESG) goal to reduce upstream routine flaring across Egypt operations by...
bp Begins Shipping LNG from Mozambique’s First LNG Project
(bp, 14.Nov.2022) — bp has successfully loaded the first LNG cargo from Mozambique’s offshore Coral Sul FLNG facility, the country’s first LNG project and first floating LNG facility ever deployed in the deep waters...
Mozambique’s First LNG Cargo Departs from Coral Sul FLNG
(Eni, 13.Nov.2022) — Eni, as Delegated Operator of the Coral South project on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS and ENH), informs that the first shipment...
Bechtel-led Coalition to Support Egypt’s Decarbonization Strategy
(Bechtel, 11.Nov.2022) — Egyptian LNG has awarded a feasibility study contract to the Bechtel-led Coalition for Decarbonization that includes Enppi, Petrojet, Baker Hughes, GE Digital, HSBC and NBE. The study will...
CEPM to secure a Green Loan from BofA and Eyes Goal of Net Zero by 2030
(Bank of America, 7.Nov.2022) — InterEnergy Group, a clean energy project developers, operators and owners in the Caribbean, Central and South America, and Bank of America, one of the world's leading financial...
![OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/opec-header-africa-768x479.jpg)
OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]
(Energy Analytics Institute, 12.Oct.2022) — The Organization of Petroleum Exporting Countries (OPEC) now forecasts oil demand to dip below 100 million barrels per day (MMb/d) in 2022 owing a lower...
Energy Analytics Institute’s NRGBriefs: September 2022
(Energy Analytics Institute, 30.Sep.2022) — Energy briefs as well as others related to finance and politics during September 2022 including EXMAR closing the sale of the floating liquefaction barge Tango...
Energy Analytics Institute’s NRGBriefs: August 2022
(Energy Analytics Institute, 31.Aug.2022) — Energy briefs as well as others related to finance and politics during August 2022 including Petrobras announcing firm well commitments to drill exploratory wells in...
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, the company is notifying the...
Nigeria’s NNPC Renews Oil Contracts to Produce 10 Billion Barrels
(Reuters, 12.Aug.2022) — Nigeria's state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could...
Eni Acquires Tango FLNG to Export LNG from Congo
(Eni, 5.Aug.2022) — Eni has acquired the company Export LNG Ltd, which owns the Tango FLNG floating liquefaction facility, from Exmar group. The facility will be used by Eni in the...
EXMAR Sells Floating Liquefaction Unit to Eni
(EXMAR, 5.Aug.2022) — EXMAR has signed an agreement with Eni for the sale of the TANGO FLNG. TANGO FLNG floating liquefaction plant, delivered in 2017, has a storage capacity of...
Gold Fields Ltd. Advises on Headlines EPS
(Gold Fields, 4.Aug.2022) — Gold Fields Limited (JSE,NYSE: GFI) advises that headline earnings per share for the six months ended 30 June 2022 (H1 2022) are expected to range from US$0.56-0.60 per share (US$0.11-0.15 per...
APA Corp. Keeps 2022 Capex Unchanged at $1.725bn
(APA Corporation, 3.Aug.2022) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the second-quarter 2022. APA reported net income attributable to common stock of $926mn, or $2.71...
Azule Energy Begins Operations in Angola
(Eni, 2.Aug.2022) — bp and Eni confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now...
Baleine East 1X Successfully Tested in Block CI-802 in Côte d’Ivoire
(Eni, 28.Jul.2022) — Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The...
TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn
(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following awards were included in the...
Eni Reports Find in the Berkine North Onshore Basin, Algeria
(Eni, 25.Jul.2022) — Eni and SONATRACH announced a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1...
Production Starts at Ikike Field Offshore Nigeria
(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20...
Heritage Oil Limited Gets New Chief Executive Officer
(Heritage Oil Limited, 20.Jul.2022) — Heritage Oil Limited has appointed Adogbeji (Ado) Oseragbaje as its new Chief Executive Office with effect from 14 July 2022. Ado will also lead HOL's...
Nigeria’s State-owned Energy Firm Begins Commercial Operations
(Bloomberg, 19.Jul.2022) — Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday. The launch...
3t EnerMech to Provide Exclusive ECITB training in Angola and Guyana
(3t EnerMech, 18.Jul.2022) — 3t EnerMech signed a four-year exclusivity agreement with the Engineering Construction Industry Training Board (ECITB) to become the sole provider of its licenced training in Angola...
NRGBriefs: Biden’s Middle East Trip, Sasol’s Force Majeure
(Energy Analytics Institute, 14.Jul.2022) — Energy briefs including US President Joe Biden continues meeting with world leaders in the Middle East as part of his tour of the region; and...
BW Energy: 2Q:22 Trading and Financial Update
(BW Energy, 12.Jul.2022) — BW Energy provided an update on the operations and development of the Dussafu Marin license in Gabon. The company will publish financial figures for the second...
NRGBriefs: UEG Araucária Fact Sheet; BW Energy Stock Trades
(Energy Analytics Institute, 11.Jul.2022) — Energy briefs including details related to UEG Araucária S.A. (UEGA), a partnership between Petrobras, Copel and Copel Geração e Transmissão. LATIN AMERICA AND THE CARIBBEAN...
Mohammad Sanusi Barkindo: An OPEC Icon, A Dear Friend to Many
(OPEC, 6.Jul.2022) — It is with immense sorrow and sadness that the OPEC Secretariat learnt of the passing of the OPEC Secretary General, His Excellency, Mohammad Sanusi Barkindo, in his...
Keynote Address by OPEC Secretary General Barkindo
(OPEC, 5.Jul.2022) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the opening ceremony of the 21st edition of Nigeria Oil and Gas (NOG) Conference and Exhibition, 5...
Adewole Adebayo, Candidate for President of Nigeria, visits Washington, DC
(Adewole Adebayo, 28.Jun.2022) — Prince Adebayo, who recently won the Social Democratic Party (SDP)'s nomination for president, is visiting the US by invitation to attend a stakeholder meeting with the...
222 Million Crisis-Impacted Children in Urgent Need of Educational Support
(Education Cannot Wait, 21.Jun.2022) — The United Nations global fund for education in emergencies and protracted crises, Education Cannot Wait (ECW), released a shocking new report today that indicates the number of...
Coral South Introduces Hydrocarbons to FLNG Offshore Mozambique
(Eni, 18.Jun.2022) — Eni, as Upstream Delegated Operator of Area 4 on behalf of its partners ExxonMobil, CNPC, GALP, KOGAS and ENH, announces that the Coral South Project has safely...
Eni and Sonatrach to Accelerate Decarbonization Via Green Hydrogen
(Eni, 26.May.2022) — The Chairman of SONATRACH, Toufik Hakkar, and Eni CEO, Claudio Descalzi, signed today a Memorandum of Understanding (MoU) in Rome aimed at accelerating the development of gas...
B2Gold Corp. Buys Oklo Resources’ Land Package near the Fekola Mine
(B2Gold, 26.May.2022) — B2Gold Corp. (TSX: BTO), (NYSE AMERICAN: BTG), (NSX: B2G) has entered into a definitive Scheme Implementation Agreement with Oklo Resources Limited (ASX: OKU) pursuant to which B2Gold...
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 investment in the Danish technology...
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 of the Organization of Petroleum...
OPEC’s Barkindo Visits Jose Antonio Anzoátegui Petrochemical Complex
(Energy Analytics Institute, 11.May.2022) —The Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo and an OPEC delegation visited the ‘Jose Antonio Anzoátegui Petrochemical Complex’ in Anzoátegui State during...
NRGBriefs: CGX, Frontera on Guyana; Barkindo’s OPEC Wind-down
(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and OPEC Secretary General Mohammad Barkindo...
NRGBriefs: Nigeria’s Barkindo Visits with Venezuelan Authorities
(Energy Analytics Institute, 7.May.2022) — Energy briefs including the Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo visiting Venezuela to participate in meetings with the South American country's...
APA Corp. Reports 1Q:22 Production of 404,000 BOE/D
(APA Corporation, 4.May.2022) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first-quarter 2022. APA reported net income attributable to common stock of $1.9bn, or $5.43...
NRGBriefs: Marathon’s Equatorial Guinea Output; Murphy on Brazil and Mexico
(Energy Analytics Institute, 4.May.2022) — Energy and political briefs including Marathon Oil reporting 1Q:22 production from Equatorial Guinea of 64 net Mboe/d; the US providing over $6mn in additional humanitarian...
Subsea 7 Awarded Contract Offshore West Africa
(Subsea 7, 29.Apr.2022) — Subsea 7 announced the award of a substantial(1) contract for the engineering, procurement, installation, and commissioning of flowlines and umbilicals, offshore West Africa. Project management and engineering...
NRGBriefs: The Vennie-Trini Gas Dilemma; TotalEnergies’ 1Q:22 Results
(Energy Analytics Institute, 28.Apr.2022) — Energy briefs including Venezuela’s inability to develop its gas sector presenting a massive opportunity for neighboring Trinidad and Tobago with its already well-established gas economy...
New Contract in Angola for Seadrill Joint Venture
(Seadrill, 25.Apr.2022) — Seadrill Limited announced a new contract has been secured by Sonadrill Holding Ltd, Seadrill’s 50:50 joint venture with an affiliate of Sonangol E.P. Sonadrill has secured a...
Press Conference Offered by Prime Minister of The Republic of the Congo
(Republic of Congo, 19.Apr.2022) — In the wake of successful meetings in London and Paris, including meetings in The Republic of the Congo's capital Brazzaville, where His Excellency Prime Minister Anatole Collinet Makosso hosted Rwandan head-of-state...
Oil Gains as Libya Shuts Its Largest Oil Field Amid Protests
(Bloomberg, 18.Apr.2022) — Oil rose as the shutdown of Libya’s biggest oil field strains an already under-supplied market, overshadowing signals that China’s drastic pandemic lockdowns are weighing on economic growth....
Protest Forces Libya’s National Oil Firm to Close Al-Fil Field
(Al Jazeera, 17.Apr.2022) — Libya’s National Oil Corporation (NOC) has announced the suspension of production at a major oil field in the country’s south, declaring a “force majeure” due to...
Deep-South to Resume Trading on 19 April 2022
(Deep-South Resources, 14.Apr.2022) — Deep-South Resources Inc. (TSXV: DSM) announces further to a discussion with the TSX Venture Exchange concerning the documents related to the Zambian exploration licences acquisition announced...
Lekoil Nigeria Secures Court Injunction Against Lekoil Ltd and Savannah Energy Investments
(Lekoil Nigeria Limited, 6.Apr.2022) — Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, a subsidiary of Savannah Energy...