(Venture Global LNG, 7.Mar.2022) — Venture Global LNG announced the execution of a new long-term 20-year Sales and Purchase Agreement (SPA) with Shell NA LNG LLC for the supply of 2 million tonnes per annum (MTPA) of LNG from Venture Global’s Plaquemines LNG export facility. This new deal builds on Shell’s existing […]
Category: USA
White House Pressed on Potential Oil Deals with Saudi Arabia, Venezuela and Iran
(Politico, 7.Mar.2022) — The White House on Monday pushed back on concerns about the Biden administration’s willingness to cut deals with countries like Saudi Arabia, Iran and Venezuela as it looks for ways to blunt skyrocketing fuel prices in the United States. White House press secretary Jen Psaki faced multiple […]
US Officials Hold Venezuela Meetings Amid Hunt for Alternative Oil Supplies
(Ft.com, 6.Mar.2022) — A high-level US delegation has met top government officials in Venezuela, as the world seeks alternative suppliers to replace Russian oil if western sanctions on Moscow are tightened after its invasion of Ukraine. Juan González, the top White House official on Latin America, was in Caracas on […]
US, Venezuela Discuss Easing Sanctions, Make Little Progress: Sources
(Reuters, 6.Mar.2022) — U.S. and Venezuelan officials discussed the possibility of easing oil sanctions on Venezuela but made scant progress toward a deal in their first high-level bilateral talks in years, five sources familiar with the matter said, as Washington seeks to separate Russia from one of its key allies. […]
Carbon Neutral Royalty Strategic Advisors
(Carbon Neutral Royalty Ltd., 4.Mar.2022) — Carbon Neutral Royalty Ltd. appointed Erik Solheim and John Mitnick as strategic advisors to the company. Brett Heath, Non-Executive Chairman of Carbon Neutral Royalty stated: “I am delighted to welcome Erik Solheim and John Mitnick as Strategic Advisors of the company. Erik has had an extensive career holding some of the highest […]
Aquadrill Announces Contract Award For The Vela
(Aquadrill, 4.Mar.2022) — Aquadrill LLC entered into a charter hire agreement with a subsidiary of Diamond Offshore Drilling, Inc. (the “Manager”) to provide the Vela, an MPD outfitted 7th generation drillship, for a one well drilling contract plus one well priced option for operations in the US Gulf of Mexico. The […]
NRGBriefs: Gustavo Petro Gaining In Popularity in Colombia
(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 appeal among voters amid Iván Duque’s rising unpopularity; Guyana’s gov’t continuing to review ExxonMobil‘s development plan for its Yellowtail project; […]
ECO DEPOT Announces Achievements in the Energy and Carbon Reduction Sector
(Eco Depot, 2.Mar.2022) — Eco Depot, Inc. (OTC PINK:  ECDP), a Nevada company, reported on the past twelve months of developments. Eco Depot has funded over $2.8mn USD into our subsidiaries supporting energy and carbon reduction projects. Bronya Canada Group secured a distribution deal within the electrical service market with Weiland Electric Inc, a large manufacturer and supplier of electrical solutions in Canada, the United States and Mexico. The Preferred Distribution Agreement with Weiland Electric places Bronya products […]
Ryerson Acquires Apogee Steel
(Ryerson Holding, 2.Mar.2022) — Ryerson Holding Corporation (NYSE: RYI), a processor and distributor of industrial metals, announced its acquisition of substantially all of the assets of Apogee Steel Fabrication Incorporated, a sheet metal fabricator based in Mississauga, Ontario, Canada. Apogee has been serving customers in Canada and the U.S. for over 30 years. They are […]
ExxonMobil Details Plans Around Growth and the Energy Transition
(ExxonMobil, 2.Mar.2022) — ExxonMobil detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition across a range of lower-emissions scenarios. “We are focused on leading the industry in safety, reliability, environmental performance, earnings and cash flow growth – […]
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 financial and operational results; Exxon updating on its operations offshore Guyana during its virtual Investor Day 2022 webcast [PDF download]; […]
NRGBriefs: Venezuela’s Nicolás Maduro Chats with Russia’s Vladimir Putin
(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 & Culture; AmCham Guyana hosts a local content forum; PEMEX reporting a rise in oil and condensate production in 2021 vs […]
Invenergy and EnergyRe Secure Offshore Wind Lease Award
(Invenergy Wind Offshore, 28.Feb.2022) — Invenergy Wind Offshore LLC, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM). The winning bid of $645mn secured lease OCS-A 0542, one of the largest awarded in the New […]
Talos and Howard Energy to Pursue CCS Ops with the Port of Corpus Christi
(Talos Energy, 28.Feb.2022) — Talos Energy Inc. (NYSE: TALO) and Howard Energy Partners (HEP) entered into an option agreement with the Port of Corpus Christi Authority to pursue commercial carbon capture and sequestration (CCS) opportunities on-site at the Port of Corpus Christi. The project will be known as the Coastal Bend Carbon Management […]
NRGBriefs: Japan to Support Removing Key Russian Banks from SWIFT
(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 investor meetings throughout March; the Deputy Secretary of the Treasury Wally Adeyemo speaking with Japan Finance Vice Minister Masato Kanda […]
Sonoma County and ForeFront Power Complete 963kW Solar Energy Portfolio
(Forefront Power, 28.Feb.2022) — The County of Sonoma has partnered with ForeFront Power, a developer and asset manager of commercial and industrial-scale solar energy and storage projects, to build a 963 kilowatt (kW) solar energy portfolio at Charles M. Schulz-Sonoma County Airport (STS), as well as at the Sonoma County Fleet Operations Building […]
US Imposes Sanctions on Russian President Vladimir Putin
(U.S. Department of the Treasury, 25.Feb.2022) — Today, the United States, in coordination with allies and partners, continued to forcefully respond to Russia’s unjustified, unprovoked, and premediated invasion of Ukraine by imposing sanctions on President of the Russian Federation Vladimir Putin and the Minister of Foreign Affairs, Sergei Lavrov, as […]
NRGBriefs: YPF conf. call; Venezuela’s Maduro advocates for peace in Ukraine conflict
HOUSTON, TEXAS (Energy Analytics Institute, 24.Feb.2022) — Energy briefs including Argentina’s state oil entity YPF revealing details of 4Q:21 and YE:21 results conference call on 4 Mar. 2022; Ecopetrol S.A. releasing details related to amendments to its bylaws to be submitted for consideration at the general shareholders’ meeting slated for […]
Talos Energy Reports 4Q:21 and YE:21 Results, Provides 2022 Guidance
(Talos Energy, 24.Feb.2022) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for the fourth quarter and full year 2021. The company also announced its year-end 2021 reserves figures as well as 2022 operational and financial guidance. Fourth Quarter 2021 Highlights: Production of 68.7 thousand barrels of oil […]
HES Solar Deploys a BYD Energy Storage System
(Energy Toolbase, 23.Feb.2022) — Energy Toolbase, a provider of energy storage software solutions, has commissioned a behind-the-meter energy storage project with HES Solar, a San Diego-based, full-service solar development and installation company. HES Solar installed a BYD Chess energy storage system, integrated with Energy Toolbase’s Acumen EMS™ controls software, alongside a SunPower […]
![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.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 a dominant LNG exporter will depend heavily on its ability to tap into Venezuelan offshore gas; Nucor Corp. (NYSE: NUE) revealing […]
SSR Mining Reports 4Q:21 and YE:21 Results
(SSR Mining, 23.Feb.2022) — SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) reports consolidated financial results in accordance with U.S. GAAP for the full year ended 31 December 2021. In addition, the Board of Directors declared a quarterly cash dividend of US$0.07 per common share, an increase of 40% over the third quarter dividend, […]
Braskem Expands its Circular Polymer Portfolio
(Braskem, 23.Feb.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announced the expansion of its circular polymer portfolio to include two new polypropylene (PP) grades with post-consumer recycled (PCR) content. Braskem’s new PCR polypropylene grades can be used in a wide range of U.S. Food and Drug Administration […]
NRGBriefs: Nucor Corp. Declares Regular Quarterly Cash Dividend
(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 of $255mn generated during the 4Q:21, up 25% sequentially from the 3Q:21; B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: […]
bp Announces Successful Start-up of Herschel Expansion in US GOM
(bp, 22.Feb.2022) — bp announced the safe and successful start-up of the Herschel Expansion project in the Gulf of Mexico. This is part of bp’s strategy to invest in focused and resilient hydrocarbons. Herschel is the first of four major projects scheduled to be delivered globally in 2022. Phase 1 of […]
NRGBriefs: University of Guyana Students Invited to Oil Conference
(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 the International Energy Conference and Exhibition- Guyana 2022 in Georgetown, Guyana again opening the exhibit for free to University of […]
Saulsbury Awarded Construction Contract in Southeast New Mexico
(Saulsbury, 16.Feb.2022) — Saulsbury has recently been awarded multiple pipeline contracts to construct a collective 16.5 miles of steel and poly flowlines in Southeast New Mexico. This award represents a significant achievement for Saulsbury, as we work to promote growth in our Field Services operations. “We are excited to see the […]
Petrobras Starts Non-binding Phase for Divestment of GOM E&P Assets
(Petrobras, 16.Feb.2022) — Petrobras, following up on the release disclosed on 10/04/21, informs the beginning of the non-binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns […]
NRGBriefs: Guyana VP Jagdeo Reveals NOC Aspirations by 3Q:22
(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 for free on 16 Feb. 2022; Guyana’s Vice President Bharrat Jagdeo talking about the potential launch of the country’s national […]
Is Private Equity Who Upstream M&A Market is Looking for?
(WoodMac, 16.Feb.2022) — As energy transition and ESG pressures bring more upstream assets to market, questions remain about who’s buying. Comments follow from Greig Aitken, Research Director, M&A and Neivan Boroujerdi, Principal Analyst, North Sea Upstream. The pressure is rising for public companies to decarbonise. It’s bringing more upstream assets to the […]
NRGBriefs: Frontera Sets Guyana Exploration CAPEX at $110-$130mn
(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 Silver saying JV operator Aztec Minerals Corp. reported a broad, high grade, gold intercept in the first RC drill hole […]
KEI Responds to News AMLO’s Son Being Employed at the US Company
(KEI Partners, 15.Feb.2022) — Regarding misinformation currently being circulated by the Mexican press. About Our Office: The office at 4400 Post Oak Pkwy has existed since April 2014, through a lease agreement between the related company Vaquero Strategy and the landlord. KEI Partners, as well as our other affiliated companies mentioned […]
Talos Energy and EnLink Midstream Complete Carbon Capture Solution
(Talos Energy, 15.Feb.2022) — Talos Energy Inc. (NYSE: TALO) and EnLink Midstream, LLC (NYSE: ENLC) have executed a memorandum of understanding to jointly develop a complete CO2 capture, transportation and sequestration solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge, which is […]
Southwestern Energy Expands RSG Monitoring Across Entire Operations
(Southwestern Energy Company, 8.Feb.2022) — Southwestern Energy Company (NYSE: SWN) announced the expansion of its company-wide certification and continuous monitoring of its production as responsibly sourced gas (RSG), building upon its previously announced program in Appalachia to include its newly acquired Haynesville position. SWN’s RSG program reflects the company’s Environmental, […]
![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 YE:21 certified proved (P1) oil and gas reserves rising 42% YOY; and Kosmos Energy seeking to link executive compensation to […]
NRGBriefs: Trinidad Energy Minister Meets with Executives about Project Lara
(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 Lightsource BP about the Project Lara; and Texas-based Exxon’s commenting on carbon capture and storage (CCS); and more. LATIN AMERICA […]
Enbridge Reports 2021 Financial Results and Advances Strategic Priorities
(Enbridge, 11.Feb.2022) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) reported strong full year 2021 financial results, reaffirmed its 2022 financial outlook, and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to “Non-GAAP Reconciliations Appendices” […]
Petrobras Receives Int’l Award for debt Management
(Petrobras, 10.Feb.2022) — Petrobras was the winner of the “Deals of the Year” award, promoted by the North American magazine Latin Finance, in the category that highlights the best corporate debt management operation (Corporate Liability Management of the Year), in the year 2021. This is the fourth time, in the […]
NRGBriefs: Trinidad’s Gas and LNG Production Fell in Nov. 2021
(Energy Analytics Institute, 2.Feb.2022) — Energy briefs including Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) reporting gas, oil and LNG production figures for Jan.-Nov. 2021; and B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) announcing that the government of Mali recently granted B2Gold’s Malian subsidiary a […]
ExxonMobil Earns $23bn in 2021, Initiates $10bn Share Repurchase Program
(Exxon, 1.Feb.2022) — Exxon Mobil Corporation announced fourth-quarter 2021 earnings of $8.9bn, or $2.08 per share assuming dilution, resulting in full-year earnings of $23bn, or $5.39 per share assuming dilution. Capital and exploration expenditures were $5.8bn in the fourth quarter and $16.6bn for the full year 2021, in line with […]
Hess Recognized for Diversity, Equity and Inclusion
(Hess, 1.Feb.2022) — Hess Corporation (NYSE: HES) achieved a top score of 100% on the Human Rights Campaign’s (HRC) Corporate Equality Index for 2022 and earned the designation as one of the Best Places to Work for LGBTQ+ Equality. For the third consecutive year, Hess also has earned a place on the Bloomberg Gender-Equality […]
Canacol Energy Reveals Block Purchase Under Normal Course Issuer Bid
(Canacol, 28.Jan.2022) — Canacol Energy Ltd. (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) purchased 5,307,700 Common Shares for CAD$3.15 per share under its normal course issuer bid (the “NCIB”), relying on the block purchase exemption under the NCIB rules. The purchase was made from an arm’s length third party via the TSX Exchange. Canacol’s […]
NRGBriefs: Argentina’s Energy Secretariat and ENARGAS Talk Energy
(Energy Analytics Institute, 27.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez chatting w/ ENARGAS’ Federico Bernal Hermitte to discuss actions necessary to strengthen the energy sector; and the Bristow Group’s plans to reveal fiscal 3Q results on 3 Feb. 2022. LATIN AMERICA AND THE CARIBBEAN Argentina — Argentina’s […]
![NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/GUY_budget-2022-speech-header.jpg)
NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]
(Energy Analytics Institute, 26.Jan.2022) — Energy briefs including Chile’s Enap planning to invest $111.2mn in its Aconcagua Refinery; Guyana’s budget speech for the fiscal year 2022 by Dr. Ashni K. Singh; an oil leak offshore Peru; and the use of carbon capture and storage (CCS) to reduce carbon emissions. LATIN […]
![Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/01/hess-hq-1-houston-energy-analytics-institute-scaled.jpeg)
Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]
(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 $0.32 per share, in the fourth quarter of 2020. On an adjusted basis, the corporation reported a net loss in […]
Phoenix Park Buys Texas Terminal
(Phoenix Park, 25.Jan.2022) — On 21 January 2022, Phoenix Park Energy Marketing LLC (PPEM), a wholly owned subsidiary of Phoenix Park Gas Processors Limited (PPGPL), completed its acquisition of an NGL terminal located in Hull, Texas from Keyera Energy Inc. (KEI). KEI is a subsidiary of Keyera Corporation (Keyera), one […]
NRGBriefs: ExxonMobil’s Results Call, GoldMining Appointment
(Energy Analytics Institute, 25.Jan.2022) — Energy briefs including ExxonMobil’s results call; and GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) appointing Eric Chen as Director of Mineral Resources for the co. NORTH AMERICA US — Darren Woods, chairman and CEO; Kathy Mikells, SVP and CFO; and Stephen Littleton, Investor Relations VP and […]
Hess Announces 2022 E&P Capital and Exploratory Budget
(Hess, 25.Jan.2022) — Hess Corporation (NYSE: HES) announced a 2022 Exploration & Production capital and exploratory budget of $2.6bn, of which approximately 80% will be allocated to Guyana and the Bakken. Net production is forecast to average between 330,000 and 340,000 barrels of oil equivalent per day in 2022, excluding Libya. Bakken net production is […]
LongPath Technologies Advances DOE-Funded Methane Mitigation
(LongPath Technologies, 25.Jan.2022) — LongPath Technologies, Inc. is advancing its groundbreaking Basin-SCAN continuous methane monitoring and abatement technology across the Texas and New Mexico Permian Basin oil and gas fields. A year after winning a $5mn US Department of Energy (DOE) award, roughly 180 sq. mi. of the Permian Basin are being monitored […]
Harvey Gulf Selects SailPlan to Optimize Fleet Emissions
(SailPlan, 24.Jan.2022) — SailPlan, the maritime cleantech company, announced that Harvey Gulf International Marine, a deepwater marine transportation companies, has entered into a commercial agreement to add SailPlan to its fleet. The company has already seen quantifiable emissions reductions beginning with the Harvey Power, a 310-foot Platform Supply Vessel. The […]