NRG DASHBOARD

(NGC, 4.Aug.2021) — The National Gas Company of Trinidad and Tobago Limited (NGC) signed a Consolidated Gas Supply Contract (CGSC) with Methanol Holdings (Trinidad) Limited (MHTL), part of the Proman family of companies. This contract will support operations at the MHTL Methanol Complex, which includes the mega-methanol M5 plant, one ...
Read More
(Energy Analytics Institute, 3.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: New Pacific Metals Corp. commencing a diamond drilling program in Bolivia, Ecopetrol’s strong second quarter results [PDF download], Ecopetrol CEO Felipe Bayón Pardo says company eyeing green hydrogen projects, and Guyana’s most recent one million ...
Read More
(Ecopetrol, 3.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announced the Ecopetrol Group's financial results for the second quarter and the first half of 2021. In words of Felipe Bayón Pardo, CEO of Ecopetrol: The strength of Ecopetrol Group's results in the quarter and year to date, despite a challenging situation ...
Read More
(Argus, 27.Jul.2021) — Global energy and commodity price reporting agency Argus has launched 10 new freight price assessments for tankers transporting liquefied petroleum gas (LPG). These prices are a response to market demand for greater transparency in the growing and increasingly complex global trade in LPG, which comprises butane and ...
Read More
(NGC, 4.Aug.2021) — DeNovo Energy Limited and The National Gas Company of Trinidad and Tobago (NGC) signed a Zandolie Field development Gas Sales Contract (GSC) for commercialisation of the Zandolie Field located in Block 1(a). The Zandolie Field Development project will be DeNovo’s second offshore instalment following the Iguana field ...
Read More
(The Brattle Group, 2.Aug.2021) — The Brattle Group welcomed economist Veronica Irastorza as a new Principal in its global Antitrust & Competition practice, based in San Francisco. Ms. Irastorza brings deep expertise in antitrust, contract disputes, and damages to a broad range of matters in the energy industry, including regulation, planning, ...
Read More
(Ecopetrol, 2.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that during the meeting held on Friday 30 July 2021, its Board of Directors authorized the Legal Representative of the company to submit a binding offer to acquire the Ministry of Finance and Public Credit's 51.4% stake of the outstanding shares of Interconexión Eléctrica S.A. E.S.P - ...
Read More
(Ecopetrol, 2.Aug.2021) — By means of Resolution 1824 of 30 July 2021, the Ministry of Finance and Public Credit authorized the execution of a contingent credit line ("Committed Credit Line") up to an amount of $1.2bn for Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC). The proceeds from this facility may be ...
Read More
(Eni, 2.Aug.2021) — Eni announces an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between 150 and 200Mboe in place. Sayulita-1 EXP, which ...
Read More
(Ecopetrol, 2.Aug.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) was notified of the decision issued by the Administrative Court of Santander that voided the 22 December 2011 and 8 August 2016 resolutions, respectively, through which the Ministry of Labor - Territorial Directorate of Santander, imposed a fine of sixteen million sixty-eight ...
Read More
(Petrobras, 30.Jul.2021) — Petrobras has celebrated a new addendum to the Term of Commitment to Cessation (TCC) signed with the Administrative Council for Economic Defense (CADE), with the purpose of extending the deadline for Petrobras to continue with the discussions for the effective conclusion of the negotiation processes and to ...
Read More
(CSI Compressco, 30.Jul.2021) — CSI Compressco LP (NASDAQ: CCLP) announced second quarter 2021 results. Second Quarter 2021 Summary: Total revenues for the second quarter 2021 were $69.8mn, compared to $65.7mn in the first quarter 2021.Compression and related services revenue increased sequentially to $55.3mn in the second quarter 2021 compared to ...
Read More
(Gold Fields, 30.Jul.2021) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2021 (H1 2021) are expected to be between US¢42-46 per share, an increase of 133-156% (US¢24-28 per share) from the basic earnings of US¢18 per share reported ...
Read More
(Energy Analytics Institute, 30.Jul.2021) — Chevron Corporation (NYSE: CVX) reported earnings of $3.1bn or $1.60 per share - diluted for second quarter 2021 (2Q:21) compared to a loss of $8.3bn ($4.44) per share - diluted in the 2Q:20. Included in the current quarter were remediation charges associated with previously sold ...
Read More
(Petrobras, 29.Jul.2021) — Petrobras, following up on the release disclosed on 11 September 2020, signed contracts for the sale of its 20% stakes in Termelétrica Potiguar S.A. (TEP) and 40% in Companhia Energética Manauara S.A. (CEM) to Global Participações Energia S.A. (GPE), through its subsidiaries GFT Participações S.A. and GFM ...
Read More
(NASA, 29.Jul.2021) — To mark the 10th International Space Apps Challenge, the largest annual global hackathon in the world, NASA is collaborating with nine space agency partners to bring the event to even more communities 2-3 October 2021. Each year, NASA's International Space Apps Challenge, or Space Apps, engages thousands of ...
Read More
(Trinidad and Tobago Newsday, 29.Jul.2021) — Energy company bpTT on Wednesday expressed concern and disappointment over a newspaper report which claimed there would be a major shortfall in natural gas production and that it had told the Government not to count on it. In a statement, bpTT said the article ...
Read More
(Trinidad Express, 29.Jul.2021) — Rating agency Standard and Poor's says it expects T&T’s oil and natural gas production to rise next year. But the rating agency, which assessed T&T as a BBB- investment-grade rating this week, said it does not expect the increased production to result in the domestic economy ...
Read More
(Ecopetrol, 29.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol;NYSE: EC) reports that on 28 July 2021, it filed a statement in opposition to the preliminary injunctive relief requested within a public action (acción popular) to which it was named as defendant by means of a judicial order notified on 21 July. The acción popular ...
Read More
(Energy Analytics Institute, 29.Jul.2021) — Colombia’s state oil giant Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) will release its financial and operating results for the second quarter of 2021 (2Q:21) on 3 August 2021, after market close. On 4 August the company’s senior management will host two conference calls to review the ...
Read More
(Energy Analytics Institute, 29.Jul.2021) — Frontera Energy Corporation (TSX: FEC) plans to release its second quarter 2021 (2Q:21) results after markets close on 11 August 2021. A conference call for investors and analysts will be held on 12 August at 10:00 a.m. Eastern Time. Participants on the call will include ...
Read More
(TotalEnergies, 29.Jul.2021) — TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño S.A. to Corporation Venezonala de Petróleos (CVP), an affiliate of Petróleos de Venezuela (PDVSA). Equinor having also decided to transfer in parallel its participation of 9.67% in the company, ...
Read More
(TotalEnergies, 29.Jul.2021) — TotalEnergies and Apache Corporation encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname. This announcement follows previous discoveries at Maka Central, Sapakara West, Kwaskwasi and Keskesi. Located 4 kilometers south-east of the Sapakara West-1 discovery, Sapakara South-1 was drilled in a ...
Read More
(Equinor, 29.Jul.2021) — Equinor and state-owned Petróleos de Venezuela (PDVSA) have completed a transaction whereby Equinor will transfer its 9.67% non-operated interest in the Petrocedeño project onshore Venezuela to Corporación Venezolana del Petróleo (CVP), a PDVSA company. The Petrocedeño project aims to upgrade extra-heavy crude oil into lighter crude from ...
Read More
(WoodMac, 29.Jul.2021) — Wood Mackenzie’s Latin America upstream senior analyst Luiz Hayum commented on the latest exploration results offshore Guyana and Suriname: “In a year thin of deepwater discoveries, Guyana and Suriname continue to deliver great exploration results, with the Whiptail discovery and the successful Sapakara appraisal. “The two successful ...
Read More
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, Hess reports 2Q:21 results, Trinidad ponders mothballing Atlantic LNG’s Train 1, new appointments at CVP in Venezuela, and more. Brazil -- Brazil’s imports of US ...
Read More
(ExxonMobil, 28.Jul.2021) — ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) ...
Read More
(Petrobras, 28.Jul.2021) — Petrobras informs that the rating agency S&P Global Ratings raised its stand-alone credit profile (intrinsic risk) by one notch, from "bb" to "bb+". The agency affirmed the global scale rating of the company's corporate debt at "BB-", two levels below the stand-alone credit profile, due to Brazil’s ...
Read More
(Petrobras, 28.Jul.2021) — Petrobras, following up on the releases disclosed on 10 June 2020 and 30 December 2020, informs that it has signed a contract with the company Compass Gás e Energia S.A. for the sale of all its stake (51%) in Petrobras Gás S.A. (Gaspetro). The sale value is ...
Read More
(Petrobras, 28.Jul.2021) — Petrobras informs that, on this date, it became aware of a favorable decision handed down by the Minister Reporter of the Federal Supreme Court, in appeals filed against the decision of the Superior Labor Court on the review of the methodology for calculating the Minimum Compensation Per ...
Read More
(Seeking Alpha, 28.Jul.2021) — The earnings call transcript from Hess Corporation’s (NYSE:HES) second quarter 2021 earnings conference call on 28 July 2021. Corporate Participants Jay Wilson - VP, Investor Relations John Hess - Chief Executive Officer Greg Hill - Chief Operating Officer John Rielly - Chief Financial Officer Conference Call ...
Read More
(Arctech, 28.Jul.2021) — Arctech (SSE-STAR: 688408), the world's leading tracking, racking, and BIPV solutions provider, announced that it had delivered SkySmart II tracking system to a 575MW agriculture-sharing solar project located in Nangong City, Hebei Province, China. This largest 2P multi-point drive tracking system + bifacial modules project withstood multiple ...
Read More
(Hess, 28.Jul.2021) — Hess Corporation (NYSE: HES) announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which is located 3 ...
Read More
(MEEI, 27.Jul.2021) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister The Honourable Stuart R. Young M.P delivered the feature address at the opening of Atlantic LNG’s 9th Process Safety Week 2021 virtually from the International Waterfront Complex Office of the Ministry ...
Read More
(Trinidad Express, 27.Jul.2021) — The Guyana government says it is seeking to revive the 165 Megawatts (MW) Amaila Falls Hydropower project (AFHP) and hoping to start construction in 2022 with a completion date in 2025. The former coalition A Partnership for National Unity (APNU) in 2017 halted the project that ...
Read More
(Fundación Libertad y Desarrollo, 27.Jul.2021) — Dionisio Gutiérrez, President of Fundación Libertad y Desarrollo, recently met with the former president of Colombia, Andrés Pastrana, and discussed the political situation in the Latin American region, particularly the emergence of a new wave of populist dangers. Regarding the return of populism and ...
Read More
(World Politics Review, 27.Jul.2021) — The word corruption tends to evoke images of self-dealing politicians and bureaucrats, and for good reason. In Central America, graft is so endemic among public officials that it constitutes a “root cause” of out-migration from the region, according to U.S. President Joe Biden’s administration. But ...
Read More
(Canadian Solar, 27.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) closed a BRL 500mn (approximately $100mn) financing facility with Brazilian banks BTG Pactual and Itaú BBA. Canadian Solar will use the financing facility for the development and construction of solar projects in Brazil, where the Company has established a leadership position ...
Read More
(Wellesley Petroleum, 26.Jul.2021) — Wellesley Petroleum AS and Equinor Energy AS signed a Sale and Purchase Agreement covering several development assets on the Norwegian Continental Shelf. The transaction is as follows: Equinor to acquire a 40% participating interest in licences PL090 JS, PL248 I and PL925, containing the Grosbeak and Kallåsen discoveries ...
Read More
(JinkoSolar, 26.Jul.2021) — JinkoSolar Holding Co., Ltd. has been selected as an "Eco-Leader" by Green Builder® Media for the third time. Green Builder® Media selects Eco-Leaders every year as a way to honor companies who have taken exemplary steps towards sustainability for their business practices. With this year's theme focused on ...
Read More
(Bloomberg, 26.Jul.2021) — A report by China’s state-run newspaper has singled out independent oil refiner Hengli Petrochemical Co. for allegedly skirting taxes in a move that could prompt more government scrutiny of the so-called teapot sector. The private company allegedly passed off sales of fuels -- namely gasoline and diesel -- as ...
Read More
(Talos, 26.Jul.2021) — Talos Energy Inc. (NYSE: TALO) announced preliminary production estimates for the second quarter of 2021, successful first production from the company's Tornado Attic well and successful drilling of the company's Crown and Anchor well. Talos estimates that average daily production for the second quarter of 2021 was ...
Read More
(Shell, 26.Jul.2021) — Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, announces the final investment decision (FID) for Whale, a deep-water development in the U.S. Gulf of Mexico that features a 99% replicated hull and an 80% replication of the topsides from our Vito project. "Whale is the ...
Read More
(bpTT, 26.Jul.2021) — bp Trinidad and Tobago LLC (bpTT) announced the installation of the topsides of its Cassia Compression (Cassia C) platform off Trinidad’s east coast. The installation marks a significant milestone in the Cassia C project which will enable bpTT to access and produce low pressure gas reserves from currently-producing fields ...
Read More
(Reuters, 23.Jul.2021) — Beijing's crackdown on the misuse of import quotas combined with the impact of high crude prices could see China's growth in oil imports sink to the lowest in two decades in 2021, despite an expected rise in refining rates in the second half. Shipments into the world's ...
Read More
(Reuters, 23.Jul.2021) — Sanctions barring U.S. imports of Venezuelan crude put refiner Citgo Petroleum Corp at a disadvantage to better-financed rivals, the board chair named by Venezuela's political opposition for state oil company PDVSA said on Friday. Many refineries on the U.S. Gulf Coast - including Citgo's facilities in Texas ...
Read More
(Bloomberg, 23.Jul.2021) — Venezuela’s capital city is once again rationing gasoline after output at state-owned refineries slumped, forcing motorists to endure day-long queues to top off tanks. Shortages have returned to Caracas, prompting drivers to prowl the streets for open filling stations as lines stretch for blocks in some areas ...
Read More
(Zacatecas, 23.Jul.2021) — Zacatecas Silver Corp.’s (TSXV: ZAC) (OTC: ZCTSF) (FSE: 7TV) common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing ...
Read More
(Solaris, 23.Jul.2021) — Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) announces the filing of a technical report for La Verde further to its news release of 12 May 2021. As La Verde has been on care and maintenance since 2016, the company filed an early exploration stage technical report for ...
Read More
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable projects identified by Colombia’s Ecopetrol and more. Argentina -- Daily production in Argentina’s Neuquén region reached a record 193,000 barrels per day, the highest volume ...
Read More
(Bloomberg, 22.Jul.2021) — Venezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the Maduro regime’s grip on power. The supertanker Rene is discharging a hydrocarbon known as condensate at the Venezuelan port of Jose, according to ...
Read More
(Reuters, 22.Jul.2021) — A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude, seven sources with knowledge of the deals told Reuters. The more prominent role ...
Read More
(Shell, 22.Jul.2021) — Shell Trinidad and Tobago (through BG International, a subsidiary of Royal Dutch Shell plc) today announces that production has started on Block 5C in the East Coast Marine Area (ECMA) in Trinidad and Tobago. This marks a significant milestone in the delivery of gas both domestically and ...
Read More
(bp, 22.Jul.2021 ) — bp acquired UK-based digital energy business Open Energi. The company’s digital platform uses real-time data to optimise the performance of energy assets. It can generate savings and maximise revenues for customers by connecting to power markets and providing flexibility at times of low renewable generation and ...
Read More
(Petrobras, 22.Jul.2021) — In 2Q21, Petrobras continued to operate safely and had a solid operating performance, despite the persistence of the pandemic scenario. The average production of oil, NGL and natural gas reached 2.80 MMboed, 1.1% above 1Q21, due to the continued ramp-up of platforms P-68 (Berbigão and Sururu fields) ...
Read More
(OTC Markets Group, 21.Jul.2021) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced AbraSilver Resource Corp (TSX-V: ABRA; OTCQX: ABBRF), silver-gold focused advanced-stage exploration company, has qualified to trade on the OTCQX® Best Market. AbraSilver Resource Corp upgraded to OTCQX from ...
Read More
(Hess, 21.Jul.2021) — Hess Corporation announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on environmental, social and governance (ESG) programs and initiatives. Hess Corporation’s 2020 Sustainability Report is available on the company’s website at www.hess.com/sustainability/sustainability-reports. Significantly outperformed five year ...
Read More
(Reuters, 20.Jul.2021) — The United States on Tuesday extended a measure protecting Venezuelan-owned U.S. refiner Citgo Petroleum Corp PDVSAC.UL from bondholders seeking a stake in the company to collect on unpaid debts from state-owned oil company PDVSA, Citgo's owner. Holders of PDVSA's 2020 bond, which is backed by a majority ...
Read More
(Department of the Treasury, 20.Jul.2021) — The Office of Foreign Assets Control (OFAC) issued the following update to General License No. 5G related to PDVSA and Citgo Petroleum. Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 5G Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 ...
Read More
(GWEC, 19.Jul.2021) — The leading CEOs of the global wind industry have united to call on G20 members to show leadership in the climate crisis by raising national ambitions and urgently laying out concrete plans for increased wind energy production to replace fossil fuels. Representing the Global Wind Energy Coalition ...
Read More
(bp, 16.Jul.2021) — bp Gas Marketing Limited (bpGM), Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), entered into a contract for the delivery and receipt of the companies’ first carbon offset Liquefied Natural Gas (LNG) cargo. The cargo is expected to be delivered to the Energía Costa Azul (ECA) terminal ...
Read More
(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil's energy regulator, to import LNG for its own industrial uses. The company has been authorized to import 1.66 cu m of gas equivalent per day for use in heating the company's industrial ovens, ...
Read More
(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency (ANP) will allow Vale to import LNG equal to 1.66mn m³/d (58.6mn cf/d) of regasified fuel, to be supplied by any country, by sea transport ...
Read More
(Lloyd’s List, 14.Jul.2021) — Until last year, Greek shipowners accounted for 80% of crude lifted from Venezuela, undeterred by US sanctions. Then, six vessel-owning companies connected with four prominent owners were briefly blacklisted for breaching US sanctions, forcing all Greek-owned vessels involved in these trades to rethink and recalibrate business ...
Read More
(Reuters, 14.Jul.2021) — An Italian court on Wednesday approved an extradition request for Venezuela’s former Oil Minister Rafael Ramirez, who is charged with corruption, Venezuelan state television said. Authorities in the South American country had sought an Interpol red notice - a request to law enforcement worldwide to locate and ...
Read More
(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of state-owned electric utility company Eletrobras, according to the country's Official Gazette. Among other measures, the regulatory framework will include the issuance of new Eletrobras shares ...
Read More
(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s coast to make the tender process “simpler and more competitive,” the natural resources minister said on Monday. According to the notice published late last week, ...
Read More
(S&P Global Platts, 12.Jul.2021) — The US Department of Treasury granted a sanctions waiver July 12 allowing US companies to export or re-export LPG supplies to Venezuela, the first move by the Biden administration to ease sanctions on the economically hard-hit country. A propane shortage in Venezuela has forced many ...
Read More
(Cox Energy, 12.Jul.2021) — Cox Energy América, S.A.B. de C.V. (BIVA: COXA*), a renewable solar energy (photovoltaic) generating company, informs that it begun the preferred subscription rights process for holders of common and registered shares, which have no face value and are identified by the ticker (BIVA: COXA) (BMV: COXA), ...
Read More
(Bristow Group, 12.Jul.2021) — Bristow Group Inc. (NYSE: VTOL) announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Equinor aviation partner for more than 20 ...
Read More
(Canadian Solar, 12.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 MWh. The project was awarded in the public tender launched by Colombia's Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy ...
Read More
(Frontera Energy, 12.Jul.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, announced an update on the activities related to the Corentyne block. Exploration The Kawa-1 well, ...
Read More
(Energy Analytics Institute, 12.Jul.2021) — The US Office of Foreign Assets Control (OFAC) issued general license no. 40 which allows “all transactions and activities related to the exportation or reexportation, directly or indirectly, of liquefied petroleum gas to Venezuela, involving the government of Venezuela, Petróleos de Venezuela, S.A. (PDVSA), or ...
Read More
(Ecopetrol, 12.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol; NYSE EC) informs about the recovery of its operations in the upstream, midstream, downstream and sales and marketing segments in Colombia, in connection with the adverse impacts the company had observed as a consequence of the restrictions on mobility caused by the public ...
Read More
(Energy Analytics Institute, 9.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: oil prices remaining above the $75/bbl mark, Argentina’s ENRE imposing fines on Edenor, an energy storage system in Barranquilla, and more. Oil Prices -- As of 7 July 2021, Brent and West Texas Intermediate (WTI) ...
Read More
(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana's offshore play, spudded its first well in the South American country, 21 years after its initial effort derailed because of a border dispute. CGX has started drilling the Kawa-1 well on the shallow-water Corentyne block with ...
Read More
(Reuters, 8.Jul.2021) — Venezuela's state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country's much-needed output of motor fuels, according to a company document and sources close the decision. Years of under-investment in PDVSA's 1.3 million-barrel-per-day capacity refining network and U.S ...
Read More
(Eni, 8.Jul.2021) — Eni signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production of hydrogen in the country. The parties will conduct a study into joint projects to produce ...
Read More
(DPI, 8.Jul.2021) — His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to greater partnerships between the two nations moving forward. The Commander in Chief and several senior members of his Government, including the Prime Minister, Brigadier (Ret’d) ...
Read More
(Energy Analytics Institute, 7.Jul.2021) — Fitch Ratings downgraded Ecopetrol S.A.’s downgraded the state oil company's foreign currency and local currency Issuer Default Ratings to BB+ from BBB- with a Stable Outlook. The downgrade is in line with a similar action on the rating of the Republic of Colombia. Ecopetrol's stand-alone ...
Read More
(Eni, 6.Jul.2021) — Eni announces a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma complex between 500 and ...
Read More
(Encora, 6.Jul.2021) — Encora, a global next-gen product engineering provider, announced the acquisition of Daitan, a leading provider of software engineering services. The acquisition adds 600 engineers and proprietary product capabilities, expanding Encora's global talent pool to 5,500 engineers. Daitan has offices in San Ramon, CA and R&D centers in ...
Read More
(New Fortress, 6.Jul.2021) — New Fortress Energy Inc. (NASDAQ: NFE) reached an agreement for liquefied natural gas (LNG) supply that will cover the remaining volumes for NFE’s existing natural gas and electricity businesses through the end of 2027. “This transaction secures our LNG supply for the next several years across ...
Read More
(Patterson-UTI Energy, 6.Jul.2021) — Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295mn, which includes the retirement of all Pioneer Energy Services' debt. Consideration for this acquisition consists of the issuance of up to 26,275,000 shares of Patterson-UTI common stock plus payment ...
Read More
(Edenor, 6.Jul.2021) — Empresa Distribuidora y Comercializadora norte S.A. (Edenor; BYMA/NYSE: EDN), the largest electricity distribution company in Argentina, announces that the Chairman of the Board, Mr. Neil A. Bleasdale, has been appointed as Chief Executive Officer (CEO) of the company and Mr. Germán Ranftl as Chief Financial Officer (CFO) ...
Read More
(RPC, 6.Jul.2021) — RPC, Inc. (NYSE: RES) will release its financial results for the second quarter ended 30 June 2021 on Wednesday, 28 July 2021 before the market opens.  In conjunction with its earnings release, the company will host a conference call to review the company's financial and operating results ...
Read More
(AES, 6.Jul.2021) — The AES Corporation (NYSE: AES) signed an agreement with the Government of Chile, represented by Chile's President Sebastián Piñera, together with Minister of Mines and Energy Juan Carlos Jobet and Minister of the Environment Carolina Schmidt, allowing for the closure of 1,097 MW of coal generation as ...
Read More
(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, EP PetroEcuador and Repsol Ecuador S.A. inking a deal for the use of a topping plant in Ecuador, Ecuador’s production reached 491,497 b/d on 1 ...
Read More
(ProActive, 5.Jul.2021) — Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon is now lining up its next drill plans. It comes as Exxon’s Jabillo-1 well exploration well was safely drilled down to its target depth of ...
Read More
(Talos Energy, 5.Jul.2021) — Talos Energy Inc. (NYSE: TALO) provided an update regarding operatorship for the company's Zama asset in offshore Mexico. On 2 July 2021, Talos was notified by Mexico's Ministry of Energy (SENER) it had designated Petróleos Mexicanos (Pemex) as the operator of the Zama unit, just three ...
Read More
(Eco Atlantic, 5.Jul.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG) has received a detailed update from JHI Associates Inc. The Jabillo-1 well in the Canje Block, offshore Guyana, reached its planned target depth and was evaluated but did not show evidence of commercial hydrocarbons. Jabillo-1 will now be plugged ...
Read More
(Golden Arrow, 2.Jul.2021) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), announces that at the Annual General Meeting of shareholders held on 30 June 2021, each of the 6 nominees listed in the management information circular filed on 2 June with regulatory authorities were elected as directors of the company ...
Read More
(Swiss Insured Brazil Power, 2.Jul.2021) — Swiss Insured Brazil Power Finance S.à r.l., a private limited liability company (société à responsabilité limitée), incorporated and existing under Luxembourg law, having its registered office at 14, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Register of Commerce ...
Read More
(Seadrill, 2.Jul.2021) — Seadrill Limited (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on 18 June 2021, the Issuer and certain of its subsidiaries have today agreed key commercial terms for a comprehensive restructuring of the Issuer and entered into ...
Read More
(Reuters, 1.Jul.2021) — Two dozen workers using six excavators cleared a strip of heavy forest in the foothills of Ecuador's Reventador volcano on an overcast June morning, rushing to carve a new route for an oil pipeline in hopes of avoiding a repeat of the country's worst oil spill in ...
Read More
(Energy Analytics Institute, 1.Jul.2021) — The board of directors of Alamo Group Inc. (NYSE: ALG) declared its quarterly cash dividend of $0.14 per share, payable 28 July 2021 to shareholders of record at the close of business on 15 July, the company announced in an official statement. ____________________ By Aaron ...
Read More
(Mainstream Renewable, 1.Jul.2021) — Global wind and solar company, Mainstream Renewable Power, has achieved financial close for the third and final phase of its "Andes Renovables" wind and solar platform in Chile. The c. $182mn in debt raised will be used to build the "Copihue" phase which consists of one ...
Read More
(Duke Energy, 1.Jul.2021) — Duke Energy Florida filed a proposal with the Florida Public Service Commission to provide additional assistance to customers through the company's low-income programs. "Our customers remain our top priority. Duke Energy Florida is committed to assisting all of our customers, especially those who are most vulnerable," ...
Read More
(Vesta, 1.Jul.2021) — Corporación Inmobiliaria Vesta, S.A.B. de C.V. (BMV: VESTA) is inviting persons to its conference call to discuss the second quarter results of 2021. The call will take place: Thursday, July 22, 2021 10:00 a.m. Eastern Time (9:00 a.m. Mexico City time) The conference call can be accessed ...
Read More
(Chevron, 1.Jul.2021) — Chevron Corporation (NYSE: CVX) announced that its wholly owned subsidiary Chevron Australia Pty Ltd. as operator and the Gorgon joint venture participants will proceed with the approximately $4bn (AU$6bn) Jansz-Io Compression (J-IC) project. Nigel Hearne, Chevron Eurasia Pacific Exploration and Production president, said J-IC represents Chevron’s most ...
Read More