(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) […]
NRGBriefs: Mantaro Names New CEO, Petrobras Cash Tender Offers [PDF Download]
(Energy Analytics Institute, 5.Apr.2022) — Energy briefs including Mantaro Precious Metals Corp. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) naming Craig Hairfield to the position of CEO; Argentine […]
Shell Publishes Reports on Sustainability, Industry Associations and Gov’t Payments
(Shell, 5.Apr.2022) — Shell plc published its 2021 Sustainability Report, its 2022 Industry Associations Climate Review Update and its 2021 Payments to Governments Report. Shell […]
CGG and Kent Announce Carbon Capture & Hydrogen Partnership
(CGG, 5.Apr.2022) — CGG, a global technology leader in geoscience, has announced a strategic partnership with Kent, a leading energy services engineering company, to work […]
SBM Offshore Awarded Contracts for ExxonMobil FPSO ONE GUYANA
(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 […]
W&T Offshore Reveals Bolt-on Acquisition of Producing Properties in the US GOM
(W&T Offshore, 5.Apr.2022) — W&T Offshore, Inc. (NYSE: WTI) has acquired the remaining working interests in the oil and gas producing properties purchased earlier this […]
Saipem: Drilling Contracts in Middle East and West Africa worth Over $400mn
(Saipem, 5.Apr.2022) — Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of […]
About 650,000 B/D of Russian Oil to be ‘Swapped’
(WoodMac, 5.Apr.2022) — About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be […]
Cuba Struggles to Buy Fuel as Imports from Venezuela Dwindle -Data
(Reuters, 5.Apr.2022) — Cuba is struggling to cover a fuel deficit as imports from Venezuela and other countries remain below historical levels and global prices […]
Orvana Announces Restart of Production at Orovalle, Spain [PDF Download]
(Orvana Minerals, 4.Apr.2022) — Orvana Minerals Corp. (TSX: ORV) has restarted operations and production at its Orovalle Operation in Spain. The nationwide transport strike that started on 14 […]
NRGBriefs: Exxon, Hess, and CNOOC FID Yellowtail development
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Apr.2022) — Energy briefs including ExxonMobil, Hess and CNOOC taking a final investment decision (FID) for their fourth […]
Excelerate Energy Launches IPO
(Excelerate, 4.Apr.2022) — Excelerate Energy, Inc. launched the roadshow for its initial public offering (IPO) of 16,000,000 shares of its Class A common stock. The […]
Hess sanctions Yellowtail development offshore Guyana
HOUSTON, TEXAS (Hess, 4.Apr.2022) — Hess Corporation has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and […]
ExxonMobil Makes FID on Fourth Guyana Offshore Project Yellowtail
(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, […]
Sempra and KOGAS Ink MOU Related to New Opportunities for Energy Transition
(Sempra, 4.Apr.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Korea Gas Corporation (KOGAS) announced the companies have entered into a memorandum of understanding […]
Petrobras on Divestment of the Marlim Cluster
(Petrobras, 4.Apr.2022) — Petrobras, following up on the release disclosed on 12/14/2020, informs that its Executive Board has approved the end of the competitive process, […]
Sempra Inks Heads of Agreement for Cameron LNG Phase 2
(Sempra, 4.Apr.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), entered into a Heads of Agreement (HOA) with affiliates of TotalEnergies, Mitsui & Co. and […]
Petrobras on Letters from the Ministry of Mines and Energy
(Petrobras, 4.Apr.2022) — Petrobras has received two official letters from the Ministry of Mines and Energy confirming the withdrawal of Mr. Luiz Rodolfo Landim from […]
Arrow Exploration Spuds RCE-2 Well in Colombia’s Tapir Block
(Arrow Exploration, 4.Apr.2022) — Arrow Exploration Corp. (AIM: AXL ; TSXV: AXL) announced that the contracted Top Drilling Company rig has spud the Rio Cravo […]
Borr Drilling on New Contracts and Extensions for Jack-up Drilling Rigs
(Borr Drilling, 4.Apr.2022) — Borr Drilling Limited (NYSE and OSE: “BORR”) has been awarded new contracts and extensions for 5 of its premium jack-up drilling […]
Saudi Arabia Positioned to Produce Green and Blue Hydrogen at Competitive Rates
(KAPSARC, 4.Apr.2022) — According to a new study on “The Economics and Resource Potential of Hydrogen Production in Saudi Arabia” by the King Abdullah Petroleum […]
Yellowtail Offshore Guyana Development Project Approved
(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 […]