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Category: Africa

Africa energy

Africa Brazil Latin America and Caribbean North America USA

Bristow’s Market Outlook, Comments On Brexit

ENERGY ANALYTICS INSTITUTE (EAI)31/01/201921/06/2019
(Bristow, 31.Jan.2019) — Bristow Group Inc. provided a market outlook and comments on Brexit as well as selected regional perspectives. What follows are excerpts from Bristow’s quarter report for the...
Africa Asia Europe Latin America and Caribbean North America USA Venezuela

Oil Industry Braces For Turmoil From U.S. Crackdown On Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)30/01/201930/01/2019
(Reuters, 30.Jan.2019) — More than 24 hours after the United States announced large-scale sanctions on Venezuela’s nationally owned oil company, merchant trading firms and refiners were still deciphering what the...
Africa Asia Europe Latin America and Caribbean North America USA Venezuela

U.S. Refiners To Feel Consequences Of Trump’s Venezuela Crackdown

ENERGY ANALYTICS INSTITUTE (EAI)29/01/201901/02/2019
(CNN, Matt Egan, 29.Jan.2019) — The United States and Venezuela are going through a painful divorce that will have sweeping consequences for the global oil industry. US oil prices surged...
Africa Asia Canada Europe Latin America and Caribbean North America USA Venezuela

Why China, Russia And Turkey Are Standing With Maduro

ENERGY ANALYTICS INSTITUTE (EAI)29/01/201904/02/2019
(CNN, Jack Guy, 29.Jan.2019) — Thousands took to the streets in Venezuela last week to demand the resignation of president Nicolas Maduro. Amid the protests, opposition leader Juan Guaidó declared...
Africa Asia Europe Latin America and Caribbean North America USA Venezuela

Venezuela Crisis: Familiar Geopolitical Sides Take Shape

ENERGY ANALYTICS INSTITUTE (EAI)25/01/201929/01/2019
(Jamaica Gleaner, 25.Jan.2019) — Russia, China, Iran, Syria, and Cuba have come down on one side. The United States, Canada, and countries in Western Europe are on the other. As...
Africa Asia Brazil Guyana Latin America and Caribbean North America USA

WoodMac On CNOOC Ltd’s Strategy: Guyana, Brazil

ENERGY ANALYTICS INSTITUTE (EAI)25/01/201926/01/2019
(WoodMac, 25.Jan.2019) — CNOOC Ltd announced its strategic plan for 2019, setting a bullish tone for the rest of the Chinese national oil companies to follow. Wood Mackenzie’s senior analyst...
Africa Guyana Latin America and Caribbean

Tullow Oil plc Updates On Activities In Guyana, Ghana, Kenya, Uganda

ENERGY ANALYTICS INSTITUTE (EAI)16/01/201917/01/2019
(Tullow, 16.Jan.2019) — Tullow Oil plc issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2018. This...
Kosmos Announces FID For Phase 1 Of LNG Project
Africa Mauritania Senegal

Kosmos Announces FID For Phase 1 Of LNG Project

ENERGY ANALYTICS INSTITUTE (EAI)21/12/201815/06/2020
(Kosmos, 21.Dec.2018) — Kosmos Energy and its partners announced today that a Final Investment Decision (FID) for Phase 1 of the Greater Tortue Ahmeyim project has been agreed. The decision...
Africa Brazil Latin America and Caribbean

Petrobras Suspends Oil And Refined Products Trading With Vitol

ENERGY ANALYTICS INSTITUTE (EAI)21/12/201821/12/2018
(Reuters, 20.Dec.2018) — Brazil’s state-controlled oil firm Petroleo Brasileiro SA has suspended oil and refined products trading with Vitol, the company said in a statement to Reuters. Petrobras, as the...
Africa Asia Brazil Europe Guyana Latin America and Caribbean Mexico North America USA

ExxonMobil Named Large Cap Co., And Explorer Of The Year

ENERGY ANALYTICS INSTITUTE (EAI)20/12/201825/12/2018
(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — ExxonMobil was named 2018 Large Cap Company of the Year and Explorer of the Year by the World Oil and Gas Council in...
Africa Asia Ecuador Europe Latin America and Caribbean North America USA Venezuela

IEA Head: U.S. Oil Production To Rise, Venezuela To Fall Further

ENERGY ANALYTICS INSTITUTE (EAI)20/12/201821/12/2018
(Oilprice.com, Tsvetana Paraskova, 20.Dec.2018) — U.S. oil production will continue to grow at a rapid pace until 2025, while Venezuela’s crude output is set for further declines, Fatih Birol, the...
Africa Asia Europe Latin America and Caribbean North America USA Venezuela

Quevedo, A General With No Experience, Is Now OPEC’s President

ENERGY ANALYTICS INSTITUTE (EAI)19/12/201819/12/2018
(S&P Global Platts, 19.Dec.2018) — OPEC enters a pivotal third year of production cuts in a volatile oil market with its least experienced minister at the helm. Venezuela’s Manuel Quevedo,...
Sonangol And BP To Advance BP’s Activities In Angola
Africa Algeria

Sonangol And BP To Advance BP’s Activities In Angola

ENERGY ANALYTICS INSTITUTE (EAI)17/12/201813/06/2020
(BP, 17.Dec.2018) — Angola’s Sonangol and BP today signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They...
Africa Asia Europe Guyana Latin America and Caribbean

Guyana, Russia And US Lead The Way In Oil And Gas Discoveries

ENERGY ANALYTICS INSTITUTE (EAI)17/12/201817/12/2018
(Chron.com, Jordan Blum, 17.Dec.2018) — The small South American nation Guyana led the way in 2018 for new oil and gas discoveries followed by Russia and the United States as...
Africa Argentina Asia Canada Colombia Europe Latin America and Caribbean North America Peru Uruguay USA

Consumers Worry, Countries Fumble In Addressing Global Plastic Use

ENERGY ANALYTICS INSTITUTE (EAI)14/12/201815/12/2018
(Orb Media Inc., 14.Dec.2018) — New Orb Media Inc. reporting and data analysis shows consumers are extremely worried about plastic's impact on the world. There is widespread public confusion regarding...
Africa Europe Guyana Jamaica Latin America and Caribbean North America Peru Suriname Trinidad and Tobago USA Venezuela

LatAmNRG Briefs: Guyana, Peru, Venezuela, Trinidad

ENERGY ANALYTICS INSTITUTE (EAI)13/12/201813/12/2018
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 13.Dec.2018) — Heard on the street and other LatAmNRG briefs from South America’s Guyana, which expects first oil to start flowing in...
Africa Europe Guyana Latin America and Caribbean

Tullow Oil Eyes Next Hot Spot, Gears Up For Guyana Probe

ENERGY ANALYTICS INSTITUTE (EAI)11/12/201813/12/2018
(Hart Energy, Velda Addison, 11.Dec.2018) — When it comes to navigating the intricacies of the unknown, Tullow Oil is considered an expert, particularly in Africa where it has discovered over...
Africa Asia Europe Guyana Latin America and Caribbean

Guyana To Open Diplomatic Missions In UAE And Ethiopia Amid Energy Boom

ENERGY ANALYTICS INSTITUTE (EAI)11/12/201812/12/2018
(Caribbean News Now, Ray Chickrie, 11.Dec.2018) — Before the end of the first quarter of 2019, Guyana plans to open a diplomatic mission in the United Arab Emirates (UAE), and...
Africa Europe Guyana Latin America and Caribbean

Eco Confirms 2019 Drilling Program, Orinduik Block

ENERGY ANALYTICS INSTITUTE (EAI)05/12/201813/02/2019
(Atlantic, 5.Dec.2018) — Eco (Atlantic) Oil & Gas Ltd. (EOG), the oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce...
Africa Argentina Asia Bolivia Chile Europe Latin America and Caribbean North America

Economics Of Vaca Muerta’s Development Trumps Climate Concerns

ENERGY ANALYTICS INSTITUTE (EAI)20/11/201801/01/2019
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
Africa Asia Europe Latin America and Caribbean Trinidad and Tobago

T&T Energy Minister: Positive Growth Forecast For NatGas Markets

ENERGY ANALYTICS INSTITUTE (EAI)14/11/201809/12/2018
(Loop News, 14.Nov.2018) — Minister of Energy and Energy Industries and President of the Gas Exporting Countries Forum, Franklin Khan, said the natural gas industry is forecast to grow within...
Africa Guyana Latin America and Caribbean

The Next Offshore Boom: Is Senegal The New Guyana?

ENERGY ANALYTICS INSTITUTE (EAI)12/11/201805/12/2018
(Oilprice.com, Viktor Katona, 12.Nov.2018) — I know what you think – such a headline is quite reckless given that Guyana has not produced any oil so far and it is...
Africa Brazil Latin America and Caribbean

Petrobras Announces $1.4bn Sale Of African Oil Business

ENERGY ANALYTICS INSTITUTE (EAI)31/10/201805/12/2018
(Ft.com, Andres Schipani, Neil Hume, 31.Oct.2018) — Brazil’s state-controlled oil company Petrobras agreed to sell its 50 per cent stake in an African enterprise to a consortium led by trader...
Africa Asia Europe Latin America and Caribbean Venezuela

IEA Urges Opec to Open Taps as Oil Markets Enter ‘Red Zone’

ENERGY ANALYTICS INSTITUTE (EAI)09/10/201805/12/2018
(Bloomberg, Javier Blas, Grant Smith & Francine Lacqua, 9.Oct.2018) — Oil prices have rallied to a four-year-high due to US sanctions on Iran and the Venezuelan crisis, even as Saudi...
Africa Asia Guyana Latin America and Caribbean

Guyana May be the Next Big Beast in Global Oil

ENERGY ANALYTICS INSTITUTE (EAI)08/10/201809/12/2018
(The National, Robin Mills, 8.Oct.2018) — One of the few major new conventional oil provinces discovered this century could see the country emerge as the top per capita producer. Who...
Africa Asia Ecuador Europe Latin America and Caribbean North America USA Venezuela

OPEC’s Decade of Turmoil Leaves Cartel Seeking a New Way Forward

ENERGY ANALYTICS INSTITUTE (EAI)20/09/201805/12/2018
(Bloomberg, Christopher Sell, 20.Sep.2018) — A global recession, both $140 and $30 oil, the U.S. shale revolution, a market-share war, and output cuts. OPEC’s 60-year history has rarely confronted a...
Africa Ecuador Latin America and Caribbean North America Venezuela

OPEC MOMR Shows Further Oil Declines in Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)14/08/201805/12/2018
(Energy Analytics Institute, Piero Stewart, 14.Aug.2018) – Venezuela’s crude oil production declines seem unstoppable. [caption id="attachment_2947" align="alignnone" width="679"] OPEC's August 2018 MOMR.[/caption] Venezuela’s crude oil production fell to 1.278 million...
Africa Asia Europe Latin America and Caribbean Venezuela

Venezuela Oil Exports to China Slump

ENERGY ANALYTICS INSTITUTE (EAI)17/06/201809/12/2018
(Reuters, 17.Jun.2018) – Reuters) - China’s imports of Venezuelan crude oil could sink to their lowest in nearly eight years in July as the OPEC producer struggles with shrinking output...
Africa Europe Guyana Latin America and Caribbean Mexico Trinidad and Tobago

Favorable Terms To Help Guyana Prove Potential

ENERGY ANALYTICS INSTITUTE (EAI)19/04/201824/08/2019
(Rystad, 19.Apr.2018) — Rystad Energy analysis shows that Guyana’s fiscal regime is favorable to oil companies when compared to mature oil and gas development countries but is in line when...
Hess Divest Interests In Equatorial Guinea
Africa Equatorial Guinea

Hess Divest Interests In Equatorial Guinea

ENERGY ANALYTICS INSTITUTE (EAI)23/10/201707/10/2020
(Hess, 23.Oct.2017) — Hess Corporation entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650mn, effective...
Shell Says Bonny Light Force Majeure Lifted
Africa Nigeria

Shell Says Bonny Light Force Majeure Lifted

ENERGY ANALYTICS INSTITUTE (EAI)28/06/201724/01/2021
(Energy Analytics Institute, 28.Jun.2017) — Shell announced that the force majeure on Bonny Light exports was lifted effective 12:00 hours (Nigerian time). The lifting of the force majeure happened sometime...
Fact Sheet: Harvest Natural Resources And PetroDelta
Africa Gabon Latin America and Caribbean Venezuela

Fact Sheet: Harvest Natural Resources And PetroDelta

ENERGY ANALYTICS INSTITUTE (EAI)01/01/201427/08/2020
(Harvest Natural Resources, 1.Jan.2014) — Venezuela is the largest province of proved oil reserves in the Western Hemisphere, with 297.6 billion barrels of proved oil reserves at year-end 2011 (the...

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Guyana Basins Summit (GBS) Energy Highlights

Ramnarine: Appointment Of Energy Minister Critical To Economy

Will Higher Oil Spell Trouble For Upstream Discipline?

Johnson Matthey Inks Strategic Partnership For Battery Materials

LatAm Briefs: Petrobras Swears In CEO, Aker’s Mero 1 Project Update

Trafigura Wins Bid To Export Fuel Oil No. 6

LatAm Briefs: MEEI Minister’s Death, YPF Boosts Fuel Prices

Enel Américas On Partial Public Tender

Petrobras Elects CEO, Chief Officers

Frontera And CGX Ink $19mn Loan Deal

Petrobras Board Elects CEO, CFO, New Division Heads

EP PetroEcuador Opens Doors To Corruption Investigation

LatAm Briefs: New Pacific In Bolivia, Orvana’s 2Q:21 Production

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The Caracas Metro: Still Standing For Now

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