China Slows Venezuela Crude Buys
(Reuters, 23.Nov.2023) — The suspension of U.S. sanctions on Venezuelan oil has rattled its biggest customers, China's independent refiners, who are now holding off on making new purchases amid wide...
![Exmar Updates on Panama Canal Delays in 3Q:23 Results [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/11/barge-source-exmar-768x200.jpg)
Exmar Updates on Panama Canal Delays in 3Q:23 Results [PDF Download]
(Exmar, 10.Nov.2023) — The Executive Committee of EXMAR NV reported its third quarter results of 2023, including comments on delays crossing the Panama Canal, BW Tokyo and Tango FLNG. press_release_q3-23_exmarDownload...
Cheniere and Foran Energy Ink Long-Term LNG SPA
(Cheniere, 2.Nov.2023) — Cheniere Energy, Inc. (NYSE American: LNG) announced that Cheniere’s subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA)...
Petronas FutureTech 3.0 Accelerates Growth of Startups in Sustainable Innovations
(Petronas, 31.Oct.2023) — Petronas’ accelerator programme, Petronas FutureTech 3.0 selected at its Demo Day today 10 technology-driven startups that have shown the most potential in developing impactful, future-focused and sustainable...
Petronas Makes Oil Find in Suriname’s Offshore Block 52
(Petronas, 2.Nov.2023) — Petronas’ subsidiary, Petronas Suriname E&P B.V., has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52. The well, located about 185 kilometers offshore...
![Energy Analytics Institute’s NRGBriefs: October 2023 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/10/nrgbriefs-oct-2023-768x642.jpeg)
Energy Analytics Institute’s NRGBriefs: October 2023 [PDF Downloads]
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including the long-awaited Citgo Petroleum auction; Colombia's first seabed allocation competitive...
JinkoSolar Announces 3Q:23 Financial Results
(JinkoSolar, 30.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced its unaudited financial results for the third quarter ended 30 September 2023. Third Quarter 2023 Business Highlights Leveraging our outstanding N-type technology, extensive...
Perenco Vietnam: Block 15-1 Reaches 400 MMbbl Production Milestone
(Perenco Vietnam, 30.Oct.2023) — Perenco Vietnam announced that as Block 15-1 marks its 25th anniversary, it has reached the significant production milestone of 400 million barrels of oil. The 400 millionth...
Asia May Have Little to Cheer from Lifting of Venezuelan Oil Sanctions
(S&P Global, 30.Oct.2023) — Asia may have little to cheer following the lifting of the sanctions on Venezuelan oil as increased competition for those Latin American cargoes could potentially make...
Petronas Forms Integrity Alliance with Industry Players
(Petronas, 26.Oct.2023) — Petronas has formed an Integrity Alliance with its vendors to push for a greater governance and integrity culture within the oil and gas industry in line with...
Eni Inks Deal to Ensure Further LNG Volumes from Indonesia
(Eni, 26.Oct.2023) — Eni signed a 0.8 billion cubic meters (bcm) LNG sales and purchase agreement with Merakes LNG Sellers, starting from January 2024 for 3 years, in addition to...
![Hess Reports 3Q:23 Operational Highlights [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/hess-hq-1-houston-energy-analytics-institute-768x576.jpeg)
Hess Reports 3Q:23 Operational Highlights [PDF Download]
(Hess, 25.Oct.2023) — Hess Corporation (NYSE: HES) reported net income of $504mn, or $1.64 per share, in the third quarter of 2023, compared with net income of $515mn, or $1.67...
CNOOC Limited Releases 3Q:23 Operating Results
(CNOOC, 24.Oct.2023) — CNOOC Limited (SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operating results for the third quarter of 2023. In the first three...
AG&P Group Announces Exciting Changes in Leadership
(AGP, 20.Oct.2023) — AGP international Holdings Pte Ltd. (AGPIH/AG&P Group) announced several changes in its leadership team. At the Group level, effective 15 October 2023, Mr. Karthik Sathyamoorthy has been appointed as...
CNOOC Says Train 3 of Tangguh LNG Commences Production
(CNOOC, 19.Oct.2023) — CNOOC Limited (SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that the first LNG cargo from the newly-built liquefaction train (Train 3) of the Tangguh...
Jinko Solar Reveals Some Estimates of Preliminary Financial Results
(JinkoSolar, 18.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its majority-owned principal operating subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) published estimates of certain preliminary unaudited financial results for...
Tania Ortiz Appointed to BODs of US-Japan Business Council
(Sempra, 10.Oct.2023) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced that its president, Tania Ortiz Mena, has been appointed to the Board of Directors for the U.S. Chamber of Commerce's U.S.-Japan Business...
Arctech Showcases Solar Tracker Products at REI Expo 2023
(Arctech, 8.Oct.2023) — Arctech, a solar tracking and racking solution provider, attended the Renewable Energy India Expo 2023 (REI Expo) in New Delhi. The expo is the largest international renewable energy...
New Offshore Colombian Developments Face Challenges: WoodMac
(WoodMac, 28.Sep.2023) — Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability and...
WGC2023 Publishes Beijing Declaration
(Sinopec, 20.Sep.2023) — The 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporation (Sinopec Group), has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration...
Venture Global and Baker Hughes Expand Master Equipment Supply Agreement
(Venture Global, 5.Sep.2023) — Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than 100MTPA of nameplate LNG export...
Tellurian and Baker Hughes Reveal Deal for Driftwood LNG Phase 1
(Tellurian, 5.Sep.2023) — Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood...
Petrobras Inks Deal with CDB and Bank of China
(Petrobras, 28.Aug.2023) — Petrobras has signed memorandums of understanding (MOUs) with the China Development Bank (CDB) and the Bank of China, aimed at (i) evaluating investment opportunities and cooperation in...
Investment of $27bn Needed to Mobilize Offshore Wind Supply Chain
(WoodMac, 17.Aug.2023) — The global offshore wind supply chain will require $27bn of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China)...
Welligence Reveals LNG Outlook to 2030
(Welligence Energy Analytics, 7.Jul.2023) — Our LNG outlook report, published this week to clients, reveals key insights into the industry's future. Can the LNG market overcome increasingly scarce supply, adapt to more concentrated production,...
Reliance and bp Start Production from KG D6 Block
(Reliance Industries, 6.Jul.2023) — Reliance Industries Limited (RIL) and bp p.l.c. confirmed the commencement of production from the MJ field, following testing and commissioning activities. The MJ field represents the last...
TGS Reveals Seismic Project in West Coast India
(TGS, 6.Jul.2023) — TGS, a provider of energy data and intelligence, announced an extensive West Coast India seismic processing project that complements the India East Coast 2D-cubed project from 2022. The project...
Mexico Pacific and Zhejiang Ink Long-Term LNG SPA
(Mexico Pacific, 5.Jul.2023) — Zhejiang Energy International Limited and Mexico Pacific Limited signed a sales and purchase agreement for Zhejiang Energy to offtake 1.0 million tons per year (MTPA) of liquefied...
INEOS Energy Charters Two LNG Carriers
(INEOS Energy, 27.Jun.2023) — INEOS Energy Trading signed agreements with Mitsui O.S.K. Lines (MOL) for two new build LNG carriers, to be used for the import of LNG into Germany from the...
TotalEnergies Named Most-admired Explorer by WoodMac
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr. Andrew Latham,...
Cheniere and ENN Sign Long-Term LNG SPA
(Cheniere, 26.Jun.2023) — Cheniere Energy, Inc. (NYSE American: LNG) announced that Cheniere’s subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA)...
Maxeon Solar Ribbon Cutting Ceremony in Mexicali
(Maxeon Solar, 26.Jun.2023) — Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) hosted a ribbon cutting event in its recently expanded and renovated manufacturing plant in Mexicali, Baja California, Mexico. Maxeon was honored to welcome...
QatarEnergy Selects CNPC as NFE Partner
(QatarEnergy, 20.Jun.2023) — QatarEnergy signed definitive agreements with China National Petroleum Corporation (CNPC), covering the long-term supply of LNG to China and partnership in the North Field East LNG expansion project (NFE)....
WCI Charity to Support Communities in SE Asia
(WCI, 16.Jun.2023) — International non-profit organization Wildlife Conservation International (WCI) has announced the public launch of Forests for People, a new charitable entity in New Zealand to support and enhance the welfare of indigenous communities in Southeast...
QatarEnergy on First Korean LNG Vessel for Fleet Expansion
(QatarEnergy, 3.Jun.2023) — QatarEnergy celebrated the steel cutting of the first of its new generation of chartered liquefied natural gas (LNG) vessels to be constructed in a Korean shipyard. Building upon...
New EVs in Guigang City Enter ASEAN “Blue Ocean” Market
(The Publicity Department of Gangbei District, Guigang Municipality, 26.May.2023) — Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for...
ECV on Approval of Vietnamese Power Development Plan VIII (PDP8)
(ECV, 23.May.2023) — Energy Capital Vietnam (ECV), a project development and holding company established as a platform for direct investment into energy and infrastructure within Vietnam, applauds the approval of PDP8...
Osaka Gas USA Buys Interest in Texas PV Project
(Osaka Gas, 16.May.2023) — Osaka Gas USA Corporation (OGUSA), a wholly owned subsidiary of Osaka Gas Co., Ltd. has entered into an agreement with EE North America, LLC, a wholly owned...
Cheniere and KOSPO Ink Long-Term LNG Sale and Purchase Agreement
(Cheniere, 16.May.2023) — Cheniere Energy, Inc. (NYSE American: LNG) announced today that Cheniere’s subsidiary, Cheniere Marketing International LLP, has entered into a long-term liquefied natural gas (LNG) sale and purchase...
Venture Global Inks 20-Year LNG SPA with JERA Co.
(Venture Global, 28.Apr.2023) — Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes...
![Hess Reports 1Q:23 Results, Another Find Offshore Guyana [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/04/hess-houston-source-energy-analytics-institute-c-768x576.jpg)
Hess Reports 1Q:23 Results, Another Find Offshore Guyana [PDF Downloads]
(Hess, 26.Apr.2023) — Hess Corporation (NYSE: HES) reported net income of $346mn, or $1.13 per share, in the first quarter of 2023, compared with net income of $417mn, or $1.34...
Qatar Delivers First LNG Cargo to India’s Dhamra Terminal
(TotalEnergies, 17.Apr.2023) — TotalEnergies announces the delivery of a first liquefied natural gas (LNG) cargo to the Dhamra LNG terminal, located in the state of Odisha on the east coast...
A Supercharged China Could Turn up the Heat on Global Commodities
(WoodMac, 23.Mar.2023) — The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years...
ExoCoBio Gets License For Hyaluronic Acid Dermal Fillers from Brazil ANVISA
(ExoCoBio, 2.Mar.2023) — ExoCoBio Inc. announced that it obtained the "Certificate of Advanced Biopharmaceutical Manufacturing" from the Ministry of Food and Drug Safety in Korea and the "HA Filler GMP...
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...
High Quality Oil and Gas Supplies are Scarce, WoodMac Says
(WoodMac, 16.Feb.2023) — The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing...
Mobil Launches 50% Post-consumer Recycled Plastic Pails in India
(ExxonMobil, 3.Feb.2023) — Mobil™, a global leader in lubrication technology innovation, has launched an initiative to encourage sustainable packaging with its 50% Post-Consumer Recycled (PCR) plastic pails. The PCR pails...
TotalEnergies Starts Fourth Solar Power Plant in Japan
(TotalEnergies, 1.Feb.2023) — TotalEnergies has started up commercial operation of a 51-megawatt (MW) solar power plant located in Tsu, Mie Prefecture, Japan. The plant, connected to the electricity distribution grid,...
JA Solar Awarded Top Brand PV MENA for 3rd Straight Year
(JA Solar, 18.Jan.2023) — World Future Energy Summit 2023 (WFES) was held from 16-18 January 2023 at the ADNEC, Abu Dhabi, where JA Solar, a globally manufacturer of high-performance PV products,...
ExxonMobil to Divest Interest in Esso Thailand
(Exxon, 11.Jan.2023) — ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of...
Venture Global and Inpex Ink LNG SPA
(Venture Global, 26.Dec.2022) — Today, Venture Global LNG and Inpex Corporation announced the execution of a long-term Sales and Purchase Agreement (SPA) for the purchase of one million tonnes per...
The Price of Energy Insecurity
(IMF, 22.Dec.2022) — Climate change is an environmental issue. It’s also clearly an economic issue, and at the heart of the economics of climate change is energy security. The ripple...
QatarEnergy Inks Deal with QPD for Offshore Developments
(QatarEnergy, 22.Dec.2022) — QatarEnergy and Japan’s Qatar Petroleum Development Company (QPD) have signed a new agreement for the continued development and production of the Al-Karkara and A-Structures oil fields, located...
PGS Expands MultiClient Coverage in Sabah Province
(PGS, 19.Dec.2022) — PGS has secured pre-funding to expand MultiClient 3D coverage in the prospective Sabah platform province offshore Malaysia. The survey will cover approximately 3,500 square kilometers and Ramform Sovereign is...
Deepening China-Arab Energy Cooperation Born of Win-win Scenarios
(CGTN, 9.Dec.2022) — The Arab countries located at the junction of Asia, Africa and Europe are universally renowned for their unique geographic location and abundant energy reserves. Energy cooperation, one of the main components of...
WoodMac’s Five Key Energy Sector Developments in 2023
(WoodMac, 8.Dec.2022) — There is no doubt that 2022 has been an extremely challenging 12 months, but as the year draws to a close, there is hope. Spiralling energy costs...
CNOOC Says Enping 15-1/10-2/15-2/20-4 Project Commences Production
(CNOOC, 6.Dec.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announces today that Enping 15-1/10-2/15-2/20-4 oilfields joint development project has commenced production. Enping 15-1/10-2/15-2/20-4 oilfields are located in the Eastern South...
Ormat Supports Taiwan Geothermal Development
(Ormat, 30.Nov.2022) — Following the commercial transfer of the 4.2MW Yilan Qingshui Geothermal Power Plant in 2021, Taiwan will have more geothermal energy. Jieyuan Energy Development, Fengyu Green Energy and...
Global Deepwater Production to Increase 60% by 2030: WoodMac
(WoodMac, 29.Nov.2022) — Global deepwater production will increase 60% by 2030, reaching 17 million barrels of oil equivalent per day (boe/d), according to a new report from Wood Mackenzie, a...
QatarEnergy, Sinopec Ink 27-year 4 MTPA LNG Supply Deal to China
(QatarEnergy, 21.Nov.2022) — QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA)...
CNOOC Says Jinzhou 31-1 Gas Field Project Commences Production
(CNOOC, 17.Nov.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced that Jinzhou 31-1 gas field development project commenced production. Jinzhou 31-1 gas field locates in Liaodong Bay of Bohai Sea,...
JinkoSolar’s 182mm TOPCon Module Reaches Conversion Efficiency of 23.86%
(JinkoSolar, 15.Nov.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that following the record of maximum solar conversion...
MODEC Awarded FEED Contract for ExxonMobil’s “Uaru” Project in Guyana
(MODEC, 1.Nov.2022) — MODEC, Inc. signed a contract to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the “Uaru” development project....
MODEC on Development of Methane Hydrate Harvesting Technology
(MODEC, 27.Oct.2022) — MODEC, Inc. President & CEO: Takeshi Kanamori has been participating in the elemental technology development related to the development of shallow methane hydrate harvesting technology conducted by...
Qatargas-chartered-Q-Flex LNG Vessel Calls at China’s Beihai LNG Terminal
(Qatargas, 16.Oct.2022) — Qatargas Operating Company Limited has delivered a liquefied natural gas (LNG) cargo aboard a Q-Flex vessel to China's Beihai LNG Terminal, the first ever call by a...
![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...
Chevron and MOECO to Collaborate on Advanced Geothermal Technology
(Chevron, 26.Sep.2022)— Chevron New Energies International Pte, Ltd., and Mitsui Oil Exploration Co., Ltd (MOECO) announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility...
Air Liquide, Chevron, Keppel and Petrochina Form CCUS Consortium in Singapore
(Chevron, 21.Sep.2022) — Air Liquide, Chevron, Keppel Infrastructure and PetroChina (1) signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of...
Pattern Closes Financing of Japan’s Largest Offshore Project
(Pattern Energy, 9.Sep.2022) — Pattern Energy Group LP and its affiliate in Japan, Green Power Investment Corporation (GPI), has completed financing and begun full construction of its 112 megawatt (MW) Ishikari...
Web Influencers Visit Yangtze River Ecological Conservation
(Chinese Sturgeon Research Institute, 2.Sep.2022) — Recently, the ambassadors to China from Brazil, Georgia, Guatemala, Italy, Mexico, Pakistan, South Korea, Spain, and the United Kingdom, as well as online influencers and journalists from foreign media organizations, visited...
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...
Essar Inks $2.4bn Sale Pact with AM/NS for Infra Assets
(Essar, 26.Aug.2022) — In one of the largest post-pandemic M&A deals in India, Essar announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure...
Chinese Firm Takes Over Lifting Venezuelan Oil for Debt Offset
(Reuters, 26.Aug.2022) — China has entrusted a defense-focused state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas' billions of dollars...
CNOOC: Net Profit Doubled, Record-high Dividend Declared
(CNOOC, 25.Aug.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced its 2022 interim results for the six months ended 30 June 2022. During the period, the company focused on the...
New Pacific Reports Financial Results
(New Pacific, 25.Aug.2022) — New Pacific Metals Corp. reports its financial results for the three months and year ended June 30, 2022. All figures are expressed in US dollars unless otherwise stated....