HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Feb.2025, Words: 290) — Eco Atlantic is preparing to drill an exploration well offshore Guyana in the Orinduik […]
Category: Africa
Africa energy
Bristow highlights headwinds amid opportunities in Nigeria, Brazil and Suriname
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 26.Feb.2025, Words: 393) — Bristow Group Inc., a global provider of innovative and sustainable vertical flight solutions, […]
Woodside’s record 530,000 boe/d output in 2024 aided by Sangomar
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — Australia’s Woodside Energy reported record production of 193.9 million barrels of oil equivalent (MMboe), or 530 […]
Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]
TotalEnergies and ENI Ink Deal to Export Cyprus Block 6 Gas Through Egypt
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — France’s TotalEnergies and Italy’s ENI, partners in Cyprus offshore Block 6, signed a Host Government Agreement (HGA) with the […]
TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]
Baker Hughes to Deploy Leucipa Automated Field Production Solution in Niger Delta
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Baker Hughes announced an agreement with NNPC Limited/FIRST Exploration & Petroleum Development Company (FIRST E&P) joint […]
NRGBriefs Jan. 2025: Golden Pass LNG, Chevron CEO on Argentina growth
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 […]
Chevron Starts Several Projects in the Gulf of America [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Chevron Corporation reported earnings of $3.2bn in the fourth-quarter 2024 (4Q:24) compared with $2.3bn in the […]
Woodside Reports 3.6% Rise in Production in 2024 Driven by Sangomar Offshore Senegal
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 22.Jan.2025) — Woodside Energy reported record full-year production of 194 million barrels of oil equivalent or MMboe […]
Nigeria Officially Joins BRICS as Partner Country
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Jan.2025) — Nigeria formally joined BRICS as a partner country of the grouping. “With the world’s sixth-largest […]
IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]
Namibia Energy Ministry: Shell to Write-Down $400mn in PEL 39 [PDF Download]
(Editors at Energy Analytics Institute, 11.Jan.2025) — Namibia’s Ministry of Mines and Energy issued an official statement saying that Shell will write down $400mn on […]
WoodMac: Key Upstream Things to Look for in 2025
(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]
China’s Geely Auto Eyes Selling 2.71mn Units in 2025 v. 2.17mn in 2024
(Editors at Energy Analytics Institute, 6.Jan.2025) — Automaker Geely Auto eyes global sells of 2.71mn units in 2025, while evolving the full scale of operating […]
Greater Tortue Ahmeyim LNG Flows First Gas Offshore Mauritania and Senegal
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 2.Jan.2025) — bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project […]
EAI’s 4Q:24 NRG Prospector condensed version [emagazine download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” […]
Sinopec Releases First Sustainable Development Report in Algeria
(Editors at Energy Analytics Institute, 31.Dec.2024) — China Petroleum & Chemical Corporation officially released the sustainability report, Sustainability Report on Serving the Construction of the […]
bp and XRG Close Natural Gas Platform Arcius Energy
(Ian Silverman, Energy Analytics Institute, 16.Dec.2024) — bp and XRG reached financial close and completed formation of their new joint venture (JV) and international natural […]
Shell Takes FID at Bonga North Offshore Nigeria
(Energy Analytics Institute, 16.Dec.2024) — Shell plc subsidiary Shell Nigeria Exploration and Production Company Limited (SNEPCo) announced a final investment decision (FID) on Bonga North, […]
Equinor Pockets $2bn in Azerbaijan and Nigeria Business Exits
(Equinor, 9.Dec.2024) — Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2bn. After […]
Eni Launches Hull of Nguya FLNG in China
(Energy Analytics Institute, 23.Nov.2024) — Italy’s energy giant Eni launched the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison‘s shipyard in […]
High-impact Exploration Could Cut Scope 1 and 2 Emissions by 6% in 2030
(WoodMac, 21.Nov.2024) — Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to […]
EAI’s ‘Africa NRG Insights’ investor report (FREE PDF download-prologue)
HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024, Words: 136) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on […]
bp, Equinor, Shell and TotalEnergies to Boost Access to Energy (PDF Download)
(Equinor, 15.Nov.2024) — bp, Equinor, Shell and TotalEnergies announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which […]
‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29
(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, […]
APA Corp. Reveals 3Q:24, Comments on Suriname, Permian
(APA, 6.Nov.2024) — APA Corporation announced its financial and operational results for the third quarter of 2024. Key Takeaways APA reported a loss attributable to […]
Marathon Oil Reports 3Q:24 Results
(Marathon, 6.Nov.2024) — Marathon Oil Corporation reported third-quarter 2024 (3Q:24) net income of $287mn or $0.51 per diluted share, which includes the impact of certain […]
Chevron Eyes More Non-core Asset Divestments, Wirth Says
(Energy Analytics Institute, 1.Nov.2024) — California-based Chevron Corporation plans to continue to divest non-core assets as part of its ongoing portfolio optimization efforts. This, as […]
TotalEnergies Reports 3Q:24 Results, Output of 2.41 MMboe/d (PDF Downloads)
(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of […]
Egypt President Abdel Fattah el-Sisi Meets Eni CEO Claudio Descalzi
(Eni, 28.Oct.2024) — The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met today with Eni Chief Executive Officer Claudio Descalzi to follow […]
Eni Reports 3Q:24 Financial Results (PDF Downloads)
(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of […]
TGS Expands Benin Megasurvey to Reveal Untapped Potential
(TGS, 22.Oct.2024) – TGS announces the expansion of 3D seismic coverage for its Benin MegaSurvey, in collaboration with Société Nationale des Hydrocarbures du Bénin (SNH-B). […]
IEA: Shipping Route Interruptions in 3Q:24
(International Energy Agency, 18.Oct.2024) — The strong momentum behind LNG project development continued in 2024 even with no US projects reaching final investment decision Since […]
LatAm NRG matters: highlights, heard from Brazil and Cuba to Mexico and Venezuela
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Oct.2024, Words: 494) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 […]
Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]
(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up […]
Baker Hughes Awarded Order for Kaminho Project in Angola
(Baker Hughes, 15.Oct.2024) — Baker Hughes has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem […]
Lithium Africa Resources Announces Additions to Board
(Lithium Africa Resources, 7.Oct.2024) — Lithium Africa Resources Corp. announces additions to board. Lithium Africa is pleased to announce two significant additions to its Board of […]
Petrobras Reports on South African Operations
(Petrobras, 1.Oct.2024) — Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in […]
DMW Marine Expands Workforce to Meet Growing Global Demand
(Energy Analytics Institute, 1.Oct.2024) — DMW Marine Group, which specializes in marine cranes, announced the hiring of nine new service technicians. This move supports the […]
McDermott Awarded FEED Contract in Mozambique
HOUSTON, TEXAS (Energy Analytics Institute, 30.Sep.2024) — McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end […]
TotalEnergies Reveals Mozambique LNG Response
(TotalEnergies, 26.Sep.2024) — The digital media Politico published an article regarding alleged murders that would have been carried out by Mozambican soldiers close to Afungi, […]
Flex LNG on Mandatory Notification of Trade by PDMR
(Energy Analytics Institute, 20.Sep.2024) — Flex LNG Ltd. said it has received trade notifications from the following two persons discharging managerial responsibilities (PDMR). Øystein Kalleklev, CEO […]
Gastech Houston 2024: Day 2 Wrap
(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024, the world’s premier platform for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low carbon solutions, marked […]
Woodside Execs Visit NYSE in First Equity Market Briefing
(Energy Analytics Institute, 16.Sep.2024) — Woodside Energy completed its first North American equity market briefing at the New York Stock Exchange (NYSE) on 16 Sep. […]
Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman Extend Cuts
(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab […]
Petrobras to Offer Dollar-denominated Global Notes
(Petrobras, 3.Sep.2024) — Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (PGF), has commenced (i) an offering of a new series of U.S. […]
EAI’s NRGBriefs: Aug. 2024
(Energy Analytics Institute, 31.Aug.2024) — Energy briefs as well as others related to finance and projects during Aug. 2024 including Petrobras achieving its main target […]
Eco Atlantic Completes Farm Down in Block 3B/4B Orange Basin South Africa
(Eco Atlantic, 30.Aug.2024) — Eco (Atlantic) Oil & Gas Ltd. announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of […]