(The Guardian, 12.May.2022) — Annette Arjoon is not anti-oil. The marine conservationist calls the vast new oilfields off Guyana’s coast a “blessing” that will earn billions of dollars for one...
(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and OPEC Secretary General Mohammad Barkindo...
(Frontera, 9.May.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced integrated results...
(DPI, 7.May.2022) — His Excellency Dr Irfaan Ali announced that Guyana and Brazil have agreed on an “actionable framework” in the areas of food security, energy, infrastructure and national security. This...
(DPI, 7.May.2022) — Guyana and Brazil have mutually agreed to provide legal assistance in civil and criminal matters, through the signing of two bilateral agreements, at the Arthur Chung Conference...
(Energy Analytics Institute, 6.May.2022) — Energy briefs including Brazil’s state oil giant Petróleo Brasileiro S.A. (Petrobras) reporting earnings before interest, taxes, depreciation and amortization of $15.1bn in 1Q:22; energy and...
(Reuters, 6.May.2022) — Guyana is in "no rush" to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive...
(Energy Analytics Institute, Special Contributor Millan Arcia Einstein, 5.May.2022) — New hydrocarbon discoveries offshore Guyana, were announced last week totaling 31 so far. Exxon-Guyana claims resources around 11,000 million barrels...
(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,...
(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 "driven by robust volume growth in soybean, corn and sugarcane as well as...
(FT.com, 2.May.2022) —The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country into a regional health, education...
(TechnipFMC, 2.May.2022) — TechnipFMC (NYSE: FTI) has been awarded an additional contract and received notice to proceed by ExxonMobil (NYSE: EOM) affiliate Esso Exploration and Production Guyana Limited for its...
(Energy Analytics Institute, 30.Apr.2022) — Energy briefs including rising production and robust oil prices to aid Guyana’s gross domestic product growth in coming years. LATIN AMERICA AND THE CARIBBEAN Guyana...
(Energy Analytics Institute, 29.Apr.2022) — Energy briefs including Exxon discontinuing operations at the Sakhalin-1 venture; and LyondellBasell Industries (NYSE: LYB) expecting typical improvements in summer seasonal demand will extend market strength...
(Seeking Alpha, 29.Apr.2022) — Exxon Mobil Corporation (NYSE:XOM) Q1 2022 Earnings Conference Call 29 April 2022 9:30 AM ET. Company Participants Jennifer Driscoll - VP IR Darren Woods - Chairman...
(CNOOC, 28.Apr.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced its results for the first quarter of 2022. For the first quarter of 2022, the company seized the opportunity of oil...
(Hess, 27.Apr.2022) — Hess Corporation (NYSE: HES) reported net income of $417mn, or $1.34 per share, in the first quarter of 2022, compared with net income of $252mn, or $0.82...
(Reuters, 26.Apr.2022) — A tanker carrying Guyana's first share of oil from a recently inaugurated floating production facility has set sail for Rotterdam, tanker monitoring data showed on Tuesday. South...
(Energy Analytics Institute, 27.Apr.2022) — Energy briefs including Argentina’s Economic Minister Martín Guzmán saying that the country could generate around $15bn per year from exporting LNG starting in 2027; Sempra...
(Energy Analytics Institute, 26.Apr.2022) — Energy briefs including Exxon announcing three new discoveries offshore Guyana, adding to two discoveries earlier in 2022; details regarding resolutions adopted by the shareholders at...
(Hess, 26.Apr.2022) — The Stabroek Block, located approximately 120 miles offshore Guyana, is 6.6 million acres. The block is equivalent in size to 1,150 Gulf of Mexico blocks and contains...
(CMC, 26.Apr.2022) — A consortium has been awarded a multi-million dollar contract to support future construction activities of the US-based oil giant, ExxonMobil. NRG Holdings, a consortium of three local...
(Exxon, 26.Apr.2022) — ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The...
(Hess, 26.Apr.2022) — Hess Corporation (NYSE: HES) announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 11 billion barrels of oil equivalent, up from...
(Energy Analytics Institute, 25.Apr.2022) — Cuba exceeded its fuel import budget in the first quarter due to higher fuel prices while Trinidad & Tobago is expected to experience a “balance...
(DPI, 23.Apr.2022) — The Government of Guyana will be receiving its first entitlement lift of the Unit Gold crude from the Liza Unity Floating Production Storage and Offloading (FPSO) production...
(Energy Analytics Institute, 20.Apr.2022) — SBM Offshore revealed the first series of the topsides module lifting for the 220,000 barrel per day (b/d) capacity Prosperity floating production storage and offloading...
(CNOOC, 20.Apr.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced that the company was officially listed on the A-share market, which marked the company's success in building a platform for domestic...
(Energy Analytics Institute, 19.Apr.2022) — Guyana is still looking to produce 800,000 barrels per day by 2025, the country’s Vice President Bharrat Jagdeo told Bloomberg News. Brief excerpts from the...
(Energy Analytics Institute, 13.Apr.2022) — ExxonMobil continues to work closely with its local partners in Guyana to develop its new office campus in the small South American country. The oil...
(Energy Analytics Institute, 11.Apr.2022) — This week The World Bank published its 62-page semiannual report for Latin America and the Caribbean (April 2022) dubbed “Consolidating the Recovery: Seizing Green Growth...
(Energy Analytics Institute, Special Contributor Millan Arcia Einstein, 11.Apr.2022) — Exxon and the Guyana government claim total hydrocarbon “resources of around 10,000 million barrels of equivalent oil”. Important to understand...
(SBM, 5.Apr.2022) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development...
(Energy Analytics Institute, 4.Apr.2022) — Energy briefs including ExxonMobil, Hess and CNOOC taking a final investment decision (FID) for their fourth development offshore Guyana called Yellowtail, cos.’ biggest yet w/...
(Hess, 4.Apr.2022) — Hess Corporation (NYSE: HES) it has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals. Yellowtail, the...
(ExxonMobil, 4.Apr.2022) — ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the...
(DPI, 1.Apr.2022) — The Government of Guyana and Esso Exploration and Production Guyana Limited (EEPGL) earlier today signed the Petroleum Production License (PPL) for the Yellowtail offshore development in the Stabroek Block...
(Reuters, 1.Apr.2022) — Exxon Mobil Corp (XOM.N) on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country's Environmental Protection Agency. The permit...
(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...
(CNOOC, 30.Mar.2022) — CNOOC Limited (SEHK: 00883) announced its 2021 annual results for the year ended 31 December 2021. In 2021, CNOOC Limited adhered to the business strategy of seeking...
(Miami Herald, 23.Mar.2022) — President Biden recently sent a team of senior U.S. officials to Caracas for talks with Venezuelan dictator Nicolás Maduro about a possible oil deal to help...
(Eco (Atlantic), 21.Mar.2022) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO, TSX ‐ V:EOG) announced publication of an updated NI 51-101 compliant Competent Person’s Report (“CPR”) on its assets Offshore...
(The Gleaner, 20.Mar.2022) — A day after Russia invaded Ukraine, sending oil prices skyrocketing to heights not seen since 2014, McCarthy Marie, a former University of the West Indies economist,...
(Energy Analytics Institute, 15.Mar.2022) — Energy briefs including the start of the CARIVS 2022 virtual summit in Guyana; and Zacatecas Silver Corp. (TSXV: ZAC) (OTC Markets: ZCTSF) (Frankfurt: 7TV) naming...
(Eco (Atlantic), 14.Mar.2022) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG) signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc., including JHI's 17.5% Working Interest ("WI")...
(Frontera, 10.Mar.2022) — Frontera Energy Corporation (TSX: FEC) and CGX Energy Inc. (TSXV: OYL), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that...
(Guyana Ministry of Foreign Affairs and International Cooperation, 8.Mar.2022) — Guyana submitted to the International Court of Justice in The Hague, its Memorial on the Merits of its Case against...
(Energy Analytics Institute, 4.Mar.2022) — Energy briefs including Argentina’s state-owned entity YPF reporting a major reduction in gross debt; officials from CARICOM and SICA coming together at a summit in...
(Energy Analytics Institute, 3.Mar.2022) — Energy briefs including YPF selecting advertising and communication agency Sentidos to carry out its campaigns on different platforms; Colombia’s presidential hopeful Gustavo Petro boosting his...
(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...
(Reuters, 2.Mar.2022) — Exxon Mobil Corp (XOM.N) on Wednesday said it plans to have capacity to produce with partners 1.2 million barrels per day of oil and gas (boed) offshore of Guyana...
(Energy Analytics Institute, 1.Mar.2022) — Energy briefs including Venezuela’s President Nicolás Maduro chatting over the telephone with his Russian counterpart Vladimir Putin; Invenergy naming Mary King as Executive VP People &...
(Energy Analytics Institute, 28.Feb.2022) — Energy briefs including NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announcing that members of the senior management team will participate in various...
(Energy Analytics Institute, 22.Feb.2022) — Energy briefs including the BODs of Nucor Corporation (NYSE: NUE) declaring the regular quarterly cash dividend of $0.50/shr on Nucor's common stock; Select Energy Services reporting revenue...
(Energy Analytics Institute, 17.Feb.2022) — Energy briefs including Atlas Renewable Energy securing financing with BNB for the construction of Lar do Sol – Casablanca II Solar Plant in Brazil; and...
(Reuters, 17.Feb.2022) — Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields, Vice President Bharrat Jagdeo told Reuters, hoping to recruit a...
(Energy Analytics Institute, 16.Feb.2022) — Energy briefs including the International Energy Conference and Expo Guyana saying it will allow the first 80 University of Guyana students to enter its conference...
(Energy Analytics Institute, 16.Feb.2022) — Energy briefs including Frontera Energy anticipating Guyana exploration CAPEX of $110-$130mn in 2022 and CGX Energy anticipating further investments of $5-$10mn for the Berbice Deepwater Port Project; Kootenay...
(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...
(Guyana’s DPI, 15.Feb.2022) — Achieving the goals of local content will see continued progress for Guyanese and local companies, Chief Executive Officer (CEO) of oil giant ExxonMobil, Darren Woods has...
(Guyana's DPI, 15.Feb.2022) — An olive branch has been extended to companies looking to invest in the oil and gas producing nation of Guyana. However, while they are welcomed to...
(CGX Energy, 14.Feb.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX, announced that, as a...
(SBM Offshore, 14.Feb.2022) — SBM Offshore announced that FPSO Liza Unity has produced first oil as of February 11, 2022 and is formally on hire. The FPSO Liza Unity is the first unit with...
(Baker Hughes, 14.Feb.2022) — Baker Hughes has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and equipment. The supercenter, which spans...
(ExxonMobil, 11.Feb.2022) — ExxonMobil started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day...
(Energy Analytics Institute, 11.Feb.2022) — Energy briefs including Stuart Young, Trinidad and Tobago’s head at the Ministry of Energy and Energy Industries meeting with corporate executives at BP, Shell and...
(Hess, 11.Feb.2022) — Hess Corporation (NYSE: HES) announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity floating production, storage and offloading...
(SBM Offshore, 10.Feb.2022) — SBM Offshore provided a status update on individual projects from Guyana to Brazil. Guyana FPSO Liza Destiny The third stage flash gas compressor on the unit...
(Reuters, 3.Feb.2022) — An independent refiner has imported the first cargo of Guyanese crude oil into Brazil, according to tanker tracking data and a person familiar with the deal. Since...
(DPI, 1.Feb.2022) — For the year 2021, Guyana produced 42.7 million barrels of light, sweet crude from the Liza One development in the prolific Stabroek Block. This was announced by...
(Energy Analytics Institute, 1.Feb.2022) — Energy briefs including Venezuela’s income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reaching $3.292bn in 2021; and ExxonMobil...
(Frontera, 31.Jan.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced that the Joint Venture has...
(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...
(Energy Analytics Institute, 26.Jan.2022) — Highlights from the budget speech by Guyana’s Honourable Dr. Ashni K. Singh, M.P. Senior Minister in the Office of the President with Responsibility for Finance...
(Hess, 26.Jan.2022) — Hess Corporation (NYSE: HES) reported net income of $265mn, or $0.85 per share, in the fourth quarter of 2021, compared with a net loss of $97mn, or...
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