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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...
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...
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...
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...
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...
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...
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...
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...
QatarEnergy Buys 40% Stake in Offshore Egypt Exploration Block
(QatarEnergy, 29.Mar.2022) — QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt. Under the terms of the agreement, which is subject...
Leaders from Africa and LatAm’s Major Gas Producing Economies To Gather
(EnergyNet Ltd., 2.Mar.2022) — As gas again is discussed as a critical fuel for the energy transition, the most senior officials from Africa and Latin America's natural gas economies are set to visit Washington DC on...
NRGBriefs: TotalEnergies and APA Corp. Report Suriname Find
(Energy Analytics Institute, 21.Feb.2022) — Energy briefs including TotalEnergies and APA Corp. reporting another significant find offshore Suriname in Block 58; APA Corp. announcing 4Q:21 financial results and planning a...
ENAP Sipetrol Egypt Awarded West Amer Block in the Gulf of Suez
(Enap, 3.Jan.2022) — This assignment strengthens the exploration portfolio and confirms ENAP's good results in that country. ENAP Sipetrol Egypt has been awarded a new exploration and development contract in...
NRGBriefs: Ecuador’s Oil Production Around 91 Mb/d
(Energy Analytics Institute, 27.Dec.2021) — Energy briefs including Ecuador’s crude oil production reaching around 91,480 b/d this week; APA Corp. revealing ratification of a modernized PSC in Egypt; and more....
APA Corp. Ratifies Modernized PSC in Egypt
(APA, 27.Dec.2021) — APA Corporation (Nasdaq: APA) announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement to modernize and consolidate the...
APA Corp. Says Egyptian Parliament Approves Modernized PSC
(APA, 30.Nov.2021) — APA Corporation (Nasdaq: APA) announced the Egyptian Parliament has approved the previously announced agreement to modernize and consolidate its current Production Sharing Contracts (PSCs) with Egypt’s Ministry...
TGS Reveals New 3D Multi-Client In Egyptian Red Sea
(TGS, 29.Oct.2021) — TGS, a global provider of energy data and intelligence, announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. The project will...
APA Reports 2Q:21 Net Income of $388mn
(APA, 5.May.2021) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first-quarter 2021. APA-1Q2021-Quarterly-Results-05-05-2021APA Corp. 2Q:21 Results APA reported net income attributable to common stock of...
Eni Looks To Produce Hydrogen In Egypt
(Eni, 8.Jul.2021) — Eni signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of...
Hess Corp. Reports 1Q:21 Results
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433mn, or $8.00 per...
Shell Updates On African Assets In Annual Report
(Shell, 1.Apr.2021) — Shell provided details in its 2020 annual report related to its operations in Africa from Egypt, Nigeria and Algeria, among other countries. What follows is a summary...
WoodMac On Suez Canal Congestion
(WoodMac, 24.Mar.2021) — According to Wood Mackenzie’s VesselTracker – as of 24 March, one LNG vessel is "trapped” within the canal. The Golar Tundra loaded at Egypt’s Idku on 21...
Suez Canal Blockage Causes Vessel Build-up
(WoodMac, 24.Mar.2021) — The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages. Wood Mackenzie principal analyst Mark...
Egypt Signs 9 New Deals For Oil And Gas Exploration
(Arab News, 3.Jan.2021) — The Egyptian Ministry of Petroleum and Mineral Resources has signed nine new petroleum agreements to search for petroleum and natural gas in the Mediterranean and the...
Total Enters A New Operated Exploration Permit In Egypt
(Total, 3.Jan.2020) — An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration...
TechnipFMC Starts Work on New Complex In Egypt
(TechnipFMC, 30.Nov.2020) — TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company...
Apache’s CEO Highlights Suriname On 3Q:20 Call
(Seeking Alpha, 5.Nov.2020) — Apache Corporation CEO John Christmann led the company’s third quarter of 2020 conference call to discuss results with analysts. What follows is the complete transcript of...
Apache Releases Sustainability Report
(Energy Analytics Institute, 5.Nov.2020) — Apache Corporation released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The...
Apache Reveals 3Q:20 Supplemental Information
(Apache, 14.Oct.2020) — Apache Corporation provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their third-quarter earnings models, the company...
Apache Reports 2Q:20 Financial Results
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020. Key Takeaways -- Announced major discovery at Kwaskwasi today, third consecutive discovery...
Total, BP And ENI Make New Gas Find Offshore Egypt
(Reuters, 28.Jul.2020) — French oil company Total said on Tuesday that, along with its partners BP and ENI, it had made a gas discovery at a well off the coast...
Sisi Wins Approval For Possible Libya Intervention
(Reuters, 20.Jul.2020) — Egypt’s parliament gave President Abdel-Fattah al-Sisi the green light for possible military intervention in Libya by approving the deployment of armed forces abroad to fight “terrorist groups”...
Eni Reports New Gas Discovery Offshore Egypt
(Eni, 1.Jul.2020) — Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called...
Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks
(Reuters, 27.Jun.2020) — Leaders of Sudan, Ethiopia and Egypt said they were hopeful that the African Union (AU) could help them broker a deal to end a decade-long dispute over...