Energy Analytics Institute (EAI)

Exxon Starts Construction of Guyana Campus

(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 […]

KBR Announces Settlement with Ichthys Power Plant Subcontractor

(KBR, 12.Apr.2022) — KBR (NYSE: KBR) announced that JKC Australia LNG Pty Ltd joint venture, in which KBR has a 30% ownership interest, and Kellogg Brown […]

Excelerate Energy Announces Pricing of IPO

(Excelerate Energy, 12.Apr.2022) — Excelerate Energy, Inc. announced the pricing of its initial public offering of 16,000,000 shares of its Class A common stock at […]

SEOGS 2022 Brochure Now Available

(Global Events Partners, 12.Apr.2022) — The main brochure for the 2nd edition of the Suriname Energy, Oil & Gas Summit and Exhibition is available now! […]

NRGBriefs: Trinidad’s Fuel Subsidy; Citgo Giusti Departure; “Almost Out of the Faja”

(Energy Analytics Institute, 12.Apr.2022) — Energy briefs including Trinidad and Tobago’s Finance Minister Colm Imbert commented 12 Apr. 2022 on Twitter about the twin-island country’s […]

Noble Corp. and Maersk Drilling Update on the Merger Control Process

(Noble Corp. 12.Apr.2022) — Noble Corporation (NYSE: NE) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”, and together with Noble, the “Parties”) […]

Biden’s Team is Divided Over New Talks About Oil with Maduro in Venezuela

(Miami Herald, 12.Apr.2022) — Divisions within the Biden administration over whether to continue talks with President Nicolás Maduro in Venezuela have deepened since a senior […]

Goldmining Starts Exploratory Drilling at its La Mina Project in Colombia

(GoldMining, 12.Apr.2022) — GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) commenced a program of exploration drilling on the La Garrucha target, located less than one kilometer to […]

HIF Global Secures $260mn in Equity Investments

(HIF Global, 6.Apr.2022) — HIF Global, involved in eFuels development, secured approximately $260mn in equity investments to fund the global expansion of its decarbonization business. The capital […]

Poland: TotalEnergies and KGHM Join Forces to Develop Offshore Wind Power

(TotalEnergies, 12.Apr.2022) — TotalEnergies and KGHM signed a partnership to participate on a 50/50 basis in the Polish government tender for the development of offshore wind […]

Russia Emerges as World’s Most Sanctioned Country

(Energy Analytics Institute, 12.Apr.2022) — Russia is now the most sanctioned country in the world, after recently surpassing Iran, according to details released by Caracas-based […]

Aris Gold Completes Soto Norte JV Investment

(Aris Gold, 12.Apr.2022) — Aris Gold Corporation (TSX: ARIS) (OTCQX: ALLXF) announces that, further to the company’s news release of 21 March 2022, it has closed the acquisition […]

Using Homegrown Biofuels to Address Putin’s Price Hike at the Pump

(The White House, 12.Apr.2022) — The President is committed to doing everything he can to address the pain Americans are feeling at the pump as […]

Mexico’s President Reversing Energy Reforms, Hurting Oil Production

(Houston Public Media, 12.Apr.2022) — President Andrés Manuel López Obrador is using administrative measures to undermine the free-market reforms enacted in 2013. As a result, […]

Acquisition of Industrial-scale Green Hydrogen Production in Trinidad

(NewGen Energy, 12.Apr.2022) — Hydrogène de France (HDF Energy) – mnemonic code: HDF – has acquired a 70% majority stake in the NewGen project in […]

Russia-Ukraine War Could Slow Global Economic Growth to 2.5% This Year

(WoodMac, 12.Apr.2022) — Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie, […]

Murphy Achieves First Oil at King’s Quay FPS in Deepwater US GOM

(Murphy Oil, 12.Apr.2022) — Murphy Oil Corporation (NYSE: MUR) achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf […]

Crowley and Shell Aim to Advance Decarbonization in Maritime

(Crowley, 12.Apr.2022) — Continuing to demonstrate their commitment to decarbonization of the maritime sector, Crowley and Shell Trading (US) Company entered into a memorandum of […]

CGG Expands High-Performance Computing Capacity with New UK HPC Hub

(CGG, 12.Apr.2022) — To support continued differentiation in its core business and accelerate the development of its new activities, CGG is significantly expanding its high-performance […]

ExxonMobil Introduces New Exceed™ S Performance Polyethylene

(ExxonMobil, 11.Apr.2022) — ExxonMobil introduced today its new Exceed™ S performance polyethylene (PE) resins, which deliver industry-leading combinations of stiffness and toughness while being easy […]

Dow Takes Minority Stake in Consortium Constructing LNG Import Terminal in Germany

(Dow Inc., 11.Apr.2022) — Dow Inc. (NYSE: DOW) signed a definitive agreement to take a minority stake in the Hanseatic Energy Hub GmbH (HEH) and is […]

The World Bank: LAC Returns to Pre-Pandemic “Unsatisfactory Growth Rates”

(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 […]

Citgo Chairman Luis Giusti (Jr.) Ousted After Less Than a Year in Job

(Bloomberg, 11.Apr.2022) — Citgo Petroleum Corp., the U.S. oil refiner controlled by the Venezuelan opposition, ousted chairman Luis Giusti Lugo less than a year after […]

Colombia Launches Green Taxonomy at NYSE

(Energy Analytics Institute, 11.Apr.2022) — Colombian officials including President Iván Duque, Mines and Energy Minister Diego Mesa Puyo, and Finance and Public Credit Minister José […]

YPFB Initiates Commercialization of Gasoline Plus in Oruro Department

(Energy Analytics Institute, 11.Apr.2022) — Bolivia’s state oil entity YPFB initiated the commercialization of gasoline plus in Oruro at the “Morela” and “QV2” service stations. […]

Guyana is Far from its Dream of Becoming a Rich Economy

(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 […]

Petrobras on Cumulative Vote Process for AGM

(Petrobras, 11.Apr.2022) — Petrobras, in compliance with article 30, item XXXIV, of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more […]

Petrobras Reveals New E&P Teaser in the Sergipe-Alagoas Basin

(Petrobras, 11.Apr.2022) — Petrobras, following up on the release disclosed on 7 August 2020, informs that the process of selling the totality of its interest […]

Launch of Cameron LNG Expansion to Increase Liquefied Natural Gas Production

(TotalEnergies, 11.Apr.2022) — TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – a company […]

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. […]

Argentine Oil Union Wants Back Jobs Lost in Pandemic Amid Rise in Business

(Reuters, 11.Apr.2022) — Argentina’s largest oil union called on the industry to restore jobs lost during the COVID-19 pandemic following a significant increase in production, […]

Canacol Energy’s Eyes Pola 1 Exploration Well in 3Q:22

(Canacol, 11.Apr.2022) — Canacol Energy Ltd. (TSX: CNE; OTCQX: CNNEF; BVC: ‎CNEC) reported on the conventional natural gas prospective resources (resources other than reserves) ‎for […]

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 […]

Mexico President López Obrador Wins Recall Referendum

(The Guardian, 10.Apr.2022) — Nine in 10 Mexicans voting in an unprecedented recall election engineered by President Andrés Manuel López Obrador have backed him to […]

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 […]

CNOOC Commences Production at Weizhou 12-8E Oilfield Development Project

(CNOOC, 8.Apr.2022) — CNOOC Limited (SEHK: 00883) announced that Weizhou 12-8E oilfield development project has commenced production. The Weizhou 12-8E oilfield development project is located in Beibu […]

NRGBriefs: TechnipFMC Updates on Mero 1 Project Activities

(Energy Analytics Institute, 8.Apr.2022) — Energy briefs including TechnipFMC saying its spoolbase at Açu Port, Rio de Janeiro has carried out its first rigid pipes […]

Latin America Inflation Shocks Raise Prospect of More Rate Hikes

(Bloomberg, 8.Apr.2022) — Latin America’s central bankers are facing renewed pressure to extend aggressive interest-rate hikes after consumer prices stormed past estimates across the region, […]

Argentina Gov’t Says Bolivia Gas Deal to Save $769mn, Replace LNG Imports

(Reuters, 8.Apr.2022) — Argentina’s new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 […]

Atlantic LNG Records 4500th LNG Cargo

(Atlantic LNG, 8.Apr.2022) — Almost 23 years after delivering its first cargo, LNG production company Atlantic completed loading its 4500th cargo on 8 Apr. 2022 […]

Woodside Investors to Benefit from $40bn Merger with BHP Arm

(Reuters, 8.Apr.2022) — Australian gas producer Woodside Petroleum Ltd‘s agreed merger with BHP Group‘s petroleum arm is in the best interest of its shareholders, an […]

Nucor to Build New Rebar Micro Mill in North Carolina

(Nucor, 7.Apr.2022) — Nucor Corporation (NYSE: NUE) will build a new rebar micro mill in Lexington, North Carolina, which is located in Davidson County. This will be Nucor’s […]

Black Employees Sue Huntsman International for Racial Discrimination at Chemical Plant

(Arthur Kim Law Firm, 7.Apr.2022) — Two black employees have filed a lawsuit against Huntsman International for racial discrimination at the company’s plant in Los […]

NRGBriefs: Petrobras Releases Climate Change Supplement [PDF Download]

(Energy Analytics Institute, 7.Apr.2022) — Energy briefs including Petrobras releasing its Climate Change Supplement as part of its dialogue with its stakeholders; Petrobras reaffirming “its […]

Americans Will Need More Than an Increased Release of Oil Reserves to Tackle Energy Crisis

(FN Media Group, 6.Apr.2022) — In response to rising gas prices, the Biden administration has announced it will release 1 million barrels of oil per day from reserves. […]

Ecopetrol Reduced Carbon Emissions by Over 490,000 Tons Over Two Years

(Ecopetrol, 6.Apr.2022) — In line with the goal of achieving net-zero carbon emissions within scopes 1 and 2 by 2050, as announced a year ago, […]

Trinidad Reports Sequential Rises in Gas and LNG Production

(Energy Analytics Institute, 6.Apr.2022) — In January 2022, Trinidad and Tobago reported sequential rises in production of natural gas as well as liquefied natural gas […]

Lekoil Nigeria Secures Court Injunction Against Lekoil Ltd and Savannah Energy Investments

(Lekoil Nigeria Limited, 6.Apr.2022) — Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, […]

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 […]

Canacol Reveals 7.6 Tcf of Gross Mean Risked Prospective Gas Resources

(Canacol Energy, 6.Apr.2022) — Canacol Energy Ltd. (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) reported on the conventional natural gas ‎prospective resources (resources other than reserves) […]