Geopark Reports 1Q:24 Results
(GeoPark, 15.May.2024) — GeoPark Limited (NYSE: GPRK) reports its consolidated financial results for the three-month period ended 31 Mar. 2024 (“First Quarter” or “1Q2024”). A conference call to discuss these...
Frontera Announces 2024 Capital and Production Guidance
(Frontera, 15.Feb.2024) — Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter 2023 and full year average...
Frontera on 3Q:23 Financial Results and Conf. Call
(Frontera, 19.Oct.2023) — Frontera Energy Corporation (TSX: FEC) announces that its third quarter 2023 results will be released after markets close on Thursday, 9 November 2023. A conference call for investors...
![Frontera Announces 2Q:23 Results [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/02/593e93bd26902-pacific-frontera-768x511.jpeg)
Frontera Announces 2Q:23 Results [PDF Download]
(Frontera, 10.Aug.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended 30 June 2023. All financial amounts in this news release are in United States dollars, unless...
EAI’s NRGBriefs: May 2023
(Energy Analytics Institute, 31.May.2023) — Energy briefs as well as others related to finance and politics during May 2023 including Venezuela planning to issue a license next month to Eni...
Killing of Indigenous Ecuador Anti-oil Activist Spurs Questions
(Al Jazerra, 22.May.2023) — It was a Sunday in late February, and Eduardo Mendúa was doing what he was famous for: organising against the oil drilling that had transformed his ancestral...
Frontera Announces 2022 Year End Reserves
(Frontera, 22.Feb.2023 — Frontera Energy Corporation (TSX: FEC) today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton ("D&M"). All dollar amounts in this news release...
Frontera Announces 2023 Capital And Production Guidance
(Frontera, 1.Feb.2023) — Frontera Energy Corporation (TSX: FEC) announces its full year 2023 capital and production guidance and provides an update on its normal course issuer bid ("NCIB"), its 2023...
Frontera Included in the 2023 Bloomberg Gender Equality Index GEI
(Frontera, 31.Jan.2023) — Frontera Energy Corporation (TSX: FEC) announces that it joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality Index ("GEI"), a modified market capitalization-weighted index...
Simon Bolivar Foundation Support Health Programs for Venezuelan, Other Migrants
(Simón Bolívar Foundation Inc., 17.Nov.2022) — Simón Bolívar Foundation Inc., the 501(c)(3) nonprofit private foundation of Citgo Petroleum Corporation, is awarding up to $1.68mn in grant funding to seven qualified charitable organizations...
Frontera to Host Investor Open House on 15 Nov. 2022
(Frontera, 15.Nov.2022) — Frontera Energy Corporation (TSX: FEC) will host an Investor Open House for analysts, investors, shareholders and bondholders today from 9:30 a.m. to 5:00 p.m. Col time, Frontera at its office...
EP PetroEcuador to Import Premium Diesel from Trafigura
(Energy Analytics Institute, 7.Jul.2022) — EP PetroEcuador will spend $321mn to import 2,240,000 barrels of Premium Diesel from Trafigura Pte. Ltd., which presented a differential of +$5.62 per barrel in...
Four Companies Eye Selection Process for Combined Cycle Block in Ecuador
(Energy Analytics Institute, 4.Jul.2022) — Four companies from Spain, Finland, the Netherlands and Ecuador will prepare offers under Ecuador’s Public Selection Process (PPS) for a concession for a 400 megawatt...
NRGBriefs: Ecuador’s Oil Production Reaches 461,637 B/D
(Energy Analytics Institute, 3.Jul.2022) — Energy briefs including Ecuador’s crude oil production reaching 461,637 barrels per day on 3 July 2022, according to details provided by the country’s Ministry of...
NRGBriefs: EP PetroEcuador Eyes Recuperating Production
(Energy Analytics Institute, 1.Jul.2022) — Energy briefs including Ecuador’s state oil giant EP PetroEcuador eying recovery by the end of July 2022 of all the production lost at its fields...
EP PetroEcuador Comments on Impact of Ongoing Unrest
(Energy Analytics Institute, 25.Jun.2022) — Ongoing social unrest, which started on 13 June 2022, in Ecuador’s Amazon region has led to the closure of oil wells and consequently has led...
Social Unrest Impacts Ecuador’s Oil Production
(Energy Analytics Institute, 20.Jun.2022) — Social unrest in Ecuador is again impacting the operations of state owned EP PetroEcuador in the Amazon region of the South American country. After eight...
NRGBriefs: Colombia Elects Gustavo Petro; Ecuador’s Force Majeure
(Energy Analytics Institute, 19.Jun.2022) — Political and energy briefs including Colombians electing Gustavo Petro as the South American country’s next president from 2022-2026; Ecuador declaring Force Majeure along the country's...
Ecuador Declares Force Majeure for Oil, State of Exception over Protests
(Reuters, 18.Jun.2022) — Ecuador's state-owned oil company Petroecuador declared force majeure late on Saturday over the impact of protests against the government's social and economic policies in the Andean country,...
Ecuador Seeks Partner to Stop Gas Flaring as Anger Rises in the Amazon
(Reuters, 17.Jun.2022) — Ecuador oil company Petroecuador says it is working to shut down gas flares in the Amazon to comply with a court-imposed deadline, but progress is too slow...
PetroEcuador Seeks Partner to Develop Block 6
(Energy Analytics Institute, 9.Jun.2022) — Ecuador’s state-owned EP PetroEcuador is eying a bidding process to select a strategic partner to develop Block 6 in the Gulf of Guayaquil. PetroEcuador is...
Frontera Announces Annual and Special Meeting Results
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) announced results from its 2022 annual and special meeting of shareholders held today. ELECTION OF DIRECTORS Shareholders elected each of the nominees...
Frontera Releases Sustainability Report
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) released its 2021 Sustainability Report, announced its 2022 environmental, social and governance (ESG) targets and reaffirmed its commitment to continue to develop and...
Frontera Reports 1Q:22 Net Income of $102.2mn
(Frontera, 3.May.2022) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended 31 March 2022. All financial amounts in this news release are in United States dollars,...
NRGBriefs: Mexico Approves Mining Reform; Argentine Inflation Around 6.7%
(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Mexico's Chamber of Deputies approving the Mining Law reform, which reserves exploration, exploitation and use of lithium to the state; Argentina’s inflation...
Luminex Acquires the Chalapo Concessions from Codelco in Ecuador
(Luminex Resources, 18.Apr.2022) — Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) signed a binding agreement with Corporación Nacional del Cobre de Chile (Codelco) to acquire its 100% owned Chalapo concessions (the "Project") in the...
Cuenca Gets its First Electric Vehicle Charging Station
(Energy Analytics Institute, 14.Apr.2022) — Ecuador inaugurated its first electric vehicle fast charging station in Cuenca, Azuay on 12 April 2022 with an initial investment of over $80,000. The deal...
Ecuador Changes Name of MERNNR to Ministry of Energy and Mines
(Energy Analytics Institute, 14.Apr.2022) — Ecuador’s President Guillermo Lasso ordered the modification of the name of Ministry of Energy and Non-Renewable Natural Resources (MERNNR) to that of the Ministry of...
NRGBriefs: Argentina Inflation Likely to Exceed 6% in March 2022
(Energy Analytics Institute, 13.Apr.2022) — Energy briefs including economists in Argentina expecting inflation in Mar. 2022 to exceed 6%; and Energy Analytics Institute's short takeaway on US sanctions on the...
GeoPark Announces 1Q:22 Operational Update
(GeoPark, 11.Apr.2022) — GeoPark Limited announced its operational update for the three-month period ended March 31, 2022 (“1Q2022”). All figures are expressed in US Dollars. Growth comparisons refer to the...
NRGBriefs: Mexicans Back Recall Vote; Neuquén Officials on Houston Roadshow
(Energy Analytics Institute, 11.Apr.2022) — Energy briefs including approximately 90% of Mexican citizens voting this past weekend to back a recall election that would allow President Andrés Manuel López Obrador...
NRGBriefs: Argentina Grants Chevron El Trapial Este Concession
(Energy Analytics Institute, 9.Apr.2022) — Energy briefs including Argentina granting the El Trapial Este hydrocarbon concession to Chevron; and EP PetroEcuador reporting average production of 372,609 b/d in 2021. LATIN...
NRGBriefs: Ecoanalitica Sees Venezuela’s Oil Rising Between 31%-91% in 2022
(Energy Analytics Institute, 6.Apr.2022) — Energy briefs including Caracas-based Econanalitica is forecasting Venezuela’s oil production and oil income will grow in 2022 vs 2021 under three different scenarios; Argentina’s Economic...
NRGBriefs: Venezuela’s Oil Minister on Oil Market Stability and Supply
(Energy Analytics Institute, 31.Mar.2022) — Energy briefs including the US Energy Department saying it is ready to execute the president of the United States’ authorization of an immediate release of...
NRGBriefs: Lula Participates in Discussion about Fuel Prices in Brazil
(Energy Analytics Institute, 29.Mar.2022) — Energy briefs including former Brazilian President Luiz Inácio Lula da Silva participating in a chat w/ specialists with the Federation of Oil Workers (FUP by...
Frontera Finds 27.2 Degree API Light Oil At The Tui-1 Well In Ecuador
(Frontera, 24.Mar.2022) — Frontera Energy Corporation (TSX: FEC) has discovered 27.2 degree API light crude oil at the Tui-1 exploration well on the Perico block (Frontera 50% W.I. and operator)...
Shell Among Companies Chasing Ecuadorian Oil After Russia Sanctions
(Bloomberg, 16.Mar.2022) — U.S. refiners Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian barrels after America banned imports...
NRGBriefs: EP PetroEcuador Lays Out Production Plans 2022-26
(Energy Analytics Institute, 10.Mar.2022) — Energy briefs including Ecuador’s state-owned EP PetroEcuador laying out plans for investments of $12bn to almost double production to 804,323 boe/d by2026; Venezuela’s VP Delcy...
NRGBriefs: YPF’s 4Q:21 and FY:21 Webcast; Citgo Sales Process Moving Forward
(Energy Analytics Institute, 2.Mar.2022) — Energy briefs including Frontera spudding its first exploration well in the Espejo Block in Ecuador; Argentina's YPF holding its 4Q:21 and FY:21 webcast to discuss...
Frontera Announces 4Q:21 and YE:21 Results
(Frontera, 2.Mar.2022) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the fourth quarter ended 31 December 2021. All financial amounts in this news release are in United States dollars,...
![NRGBriefs: Trinidad’s Future Depends on Venezuelan Gas [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2021/05/2021-5-13-NGC-spends-Millions-on-Train-1-but-768x505.png)
NRGBriefs: Trinidad’s Future Depends on Venezuelan Gas [PDF Downloads]
(Energy Analytics Institute, 23.Feb.2022) — Energy briefs including Argentina looking to import 65 LNG cargoes in 2022 compared to 56 in 2021; Trinidad and Tobago’s reemergence over the short-term as...
How China Beat Out the US to Dominate South America
(Bloomberg, 17.Feb.2022) — In the hinterland of Argentina, Mario Pizarro’s office looks like a shrine to China. There’s the framed photo of a Chinese peasant with Pizarro’s face superimposed beneath...
Frontera Announces CAPEX and Production Guidance for 2022
(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced its full year 2022 capital and production guidance, provided an update on its normal course issuer bid ("NCIB") and provided notice...
Frontera Reveals YE:21 Reserves
(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (D&M). All dollar amounts in this news release...
![NRGBriefs: Vista Reporting a 42% Rise in P1 Reserves [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/barrel-vaca-muerta-vista-oil-and-gas-latamnrg.jpg)
NRGBriefs: Vista Reporting a 42% Rise in P1 Reserves [PDF Downloads]
(Energy Analytics Institute, 14.Feb.2022) — Energy briefs including Argentina’s energy transition accompanying the country’s growth process; Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) reporting its estimated...
NRGBriefs: Maduro Says No Presidential Elections Until At Least 2025
(Energy Analytics Institute, 4.Feb.2022) — Energy briefs including Colombia signing a MOU w/ The Netherlands to create a hydrogen export channel; Venezuela’s President Nicolás Maduro saying there will be no...
NRGBriefs: Argentina’s President Meets with Putin
(Energy Analytics Institute, 3.Feb.2022) — Energy briefs including Grupo Energía Bogotá commencing assembly of the first tower of its north project in Chocontá (Cundinamarca); Argentina’s President Alberto Fernandez visiting Russia...
Ecuador Eyes Key Oil Sector Actions in 2022
(Energy Analytics Institute, 2.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, highlighted key goals the country looks to achieve in...
MENRNR Head Approves Strategic Plan 2021-25
(Energy Analytics Institute, 1.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, approved the Strategic Plan for 2021-25. The plan is...
NRGBriefs: De Novo Prepares Zandolie’s Subsea Structure
(Energy Analytics Institute, 31.Jan.2022) — Energy briefs including EP PetroEcuador and Abastecedora Ecuatoriana de Combustibles S.A. (ABASTIBLES S.A.) signing a petroleum products contract; shares of Frontera Energy and CGX Energy...
Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year
(Reuters, 19.Jan.2022) — Ecuador's state-owned oil company, Petroecuador, is targeting average output of 425,000 barrels of oil equivalent per day (boed) by the end of 2022, manager Italo Cedeno said...
Frontera Finds Oil at Jandaya-1 Well in Ecuador
(Frontera, 19.Jan.2022) — Frontera Energy Corporation (TSX: FEC) discovered hydrocarbons at the Jandaya-1 exploration well on the Perico block (Frontera 50% W.I. and operator, GeoPark Limited 50% W.I.) in Ecuador. Orlando...
Ecuador Indigenous Demand Rights to Consent on Extractive Projects
(Reuters, 18.Jan.2022) — Indigenous communities in Ecuador on Tuesday presented hundreds of thousands of signatures to the country's top court to demand their right to make final decisions on use...
EP PetroEcuador Continues with Work on Pipeline Bypasses
(Energy Analytics Institute, 15.Jan.2022) — EP PetroEcuador continues with work on a seventh bypass for the Trans-Ecuadorian Oil Pipeline System (SOTE) aimed at protecting the infrastructure and avoiding further stoppages...
Ecuador Ratifies Creation Of New Galapagos Marine Reserve
(Ministerio de Ambiente, Agua y Transición Ecológica del Ecuador, 14.Jan.2022) — The newly created marine reserve adds 60,000 square kilometers to the Galapagos Marine Reserve. The marine reserve is divided...
NRGBriefs: Argentine Power Outage
(Energy Analytics Institute, 11.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat Darío Martínez inspecting facilities in Buenos Aires in an attempt to restore electric power service to parts of the...
NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru
(Energy Analytics Institute, 6.Jan.2022) — Energy briefs including Bolivia’s urea production gaining mkt shr in Argentina, Brazil and Peru in less than 4 mths; Chile building more than 6,600MW of...
Ecuador Continues to Recover Production, Transport, Refining Operations
(Energy Analytics Institute, 6.Jan.2022) — Ecuador’s oil production has returned to 93% of levels seen before preventive stoppages were executed at the country’s oil and product pipelines in early-December 2021...
Ecuador Oil Sector to See Busy Year
(S&P Global Platts, 3.Jan.2022) — Ecuador's oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 as President Guillermo Lasso seeks...
NRGBriefs: Ecuador Eyes Restarting OCP
(Energy Analytics Institute, 29.Dec.2021) — Energy briefs including Ecuador expecting to restart ops at OCP on 31 Dec. 2021; and Y&V Ingeniería y Construcción saying it hasn’t diminished its operational...
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....
NRGBriefs: NGC Embarks on New Design-Build Project in Ghana
(Energy Analytics Institute, 23.Dec.2021) — Energy briefs including Ecuador’s Subsecretariat of Control and Nuclear Applications (SCAN), together w/ different national public entities, announcing the International Organization of Atomic Energy (IAEA)...
NRGBriefs: Ecuador Prevents Environmental Damage In Napo Region
(Energy Analytics Institute, 15.Dec.2021) — Energy briefs including Ecuador’s gov’t saying the halting of transport operations along the SOTE due to soil erosion problems prevented environmental damage in the Piedra...
NRGBriefs: Venezuela’s Oil Minister El Aissami Says He’s Fine
(Energy Analytics Institute, 14.Dec.2021) — Energy briefs including EP PetroEcuador announcing it has sufficient fuel supplies at all its terminals despite transport issues impacting Ecuador’s two oil pipelines and one...
Ecuador Declares Force Majeure On All Oil Contracts
(Bloomberg, 13.Dec.2021) — Ecuador declared force majeure on all oil contracts, including exports and imports, as the threat of soil erosion forced the shutdown of the country’s two pipelines that...
NRGBriefs: Ecuador Declares Force Majeure On Oil Exports
(Energy Analytics Institute, 13.Dec.2021) — Energy briefs including Ecuador’s gov’t declaring force majeure on 12 Dec. 2021 on oil exports due to erosion issues around the Piedra Fina River and...
NRGBriefs: Orea Prepping for Maripa Gold Project
(Energy Analytics Institute, 8.Dec.2021) — Energy briefs including Fitch Ratings affirming Frontera's IDR at 'B'; Orea Mining Corp. commencing preparation for a diamond drilling program at the Maripa Gold Project,...
Solaris Announces Proposed Spin-Out Of Non-Core Assets
(Solaris, 6.Dec.2021) — Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) announces its intention to transfer its non-core assets held in Ecuador, Peru, Chile and Mexico into a newly incorporated wholly-owned subsidiary of Solaris named Solaris Exploration Inc....
NRGBriefs: Solaris Provides Assay Results In Ecuador
(Energy Analytics Institute, 15.Nov.2021) — Energy briefs including Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) reporting assay results from a series of additional holes from ongoing resource growth and discovery...
NRGBriefs: Shell And YPF Eye Bajada De Añelo Investment
(Energy Analytics Institute, 3.Nov.2021) — Energy briefs including Shell Argentina and YPF looking to commence development of the Bajada de Añelo area w/ an anticipated investment of around $300mn; Ecuador's...
![NRGBriefs: Venezuelan Production Goals [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/PDVSA_1_t640x360-latamnrg.jpg)
NRGBriefs: Venezuelan Production Goals [PDF Download]
(Energy Analytics Institute, 25.Oct.2021) — Energy briefs including Venezuela’s near-term oil production goals; Petrobras’ plans to host two 3Q:21 webcasts using Microsoft Teams; B2Gold Corp. entering into a binding agreement...
NRGBriefs: Colombia Eyes Net-zero Deforestation By 2030
(Energy Analytics Institute, 22.Oct.2021) — Energy briefs including Corporación Nacional del Cobre de Chile (Codelco) announcing final results of a previously announced offer to purchase for cash outstanding notes due...
GeoPark Accelerates Colombia Drilling Activity
(GeoPark, 19.Oct.2021) — GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended 30 September 2021 (3Q:21). Highlights Consolidated oil and gas production of 37,859 boepd, up...
NRGBriefs: EP PetroEcuador Awards Export Deals
(Energy Analytics Institute, 13.Oct.2021) — Energy briefs including the IMF advising Argentina to lower its deficit and estimating Venezuela’s inflation at 2,700% this yr, Colombia’s mines and energy minister Diego...
NRGBriefs: ANH Eyes 17th Bid Round
(Energy Analytics Institute, 6.Oct.2021) — Energy briefs including Brazil’s ANP holding its 17th bid round; Ecuador’s oil production holding steady; Panama’s Generadora Gatún natural gas power plant expecting to start...