Energy Analytics Institute (EAI)

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 […]

Mainstream Renewable Inks Deal for 100 MW Solar Project in Colombia

(Mainstream Renewable, 1.Apr.2022) — Mainstream Renewable Power, a renewable energy company, has commercialised its first development in Colombia by signing a deal to supply 180 Gigawatt hours of clean energy each […]

Trinidad’s Energy has Bright Future: Young

(Trinidad and Tobago’s Newsday, 1.Apr.2022) — Energy Minister Stuart Young said Trinidad and Tobago has a key role in the world’s energy landscape, even as […]

Petrobras on New Pre-Salt Find in the Alto de Cabo Frio Central Block

(Petrobras, 1.Apr.2022) — Petrobras discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in […]

NRGBriefs: US-Venezuela Political Relationship; Repsol’s Sararenda-X3D Well

(Energy Analytics Institute, 1.Apr.2022) — Energy briefs including Sempra naming Glen Donovan as the co.’s new Investor Relations VP; and NPR speaking with author and […]

Exxon Mobil gets Guyana’s Approval for Fourth Offshore Oil Project

(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 […]

Orvana CEO Optimistic About Taguas Project in Argentina

(Orvana Minerals, 31.Mar.2022) — Orvana Minerals Corp. (TSX: ORV) reported on infill and expansion drilling results for the company’s 100%-owned Taguas Project in San Juan, Argentina. As of 27 […]

Parex Looks to Unlock Colombian Assets [PDF Download]

(Energy Analytics Institute, 31.Mar.2022) — Parex Resources is focused on further unlocking its Colombian asset portfolio through technology, the company said 31 March 2022 in […]

NRGBriefs: Venezuela’s Oil Minister on Oil Market Stability and Supply

(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 […]

Citgo Enters 2022 With Strong Momentum

(Citgo, 31.Mar.2022) — Citgo Petroleum Corporation reported its 2021 fourth quarter and year-end financial results. For the fourth quarter of 2021, Citgo generated net income […]

EZ Blockchain Introduces Immersion Cooling Crypto Mining Container

(EZ Blockchain, 31.Mar.2022) — Although EZ Blockchain started as a provider of data center hosting solutions, it is now on a mission to solve the global waste […]

TTNGL Reveals Gains for 2021

(TTNGL, 31.Mar.2022) — Trinidad and Tobago NGL Limited (TTNGL) reported total company profits amounted to $512.8mn in 2021 compared with $6.4mn in 2020. This improvement […]

PetroPerú Selects Honeywell Forge Solution to Support Employee Training

(Honeywell, 31.Mar.2022) — Honeywell (Nasdaq: HON) announced that Petróleos del Perú S.A. (Petroperú), the largest hydrocarbon producer, refiner and distributor in Peru, has implemented Honeywell Forge Workforce Competency solutions […]

27th OPEC and non-OPEC Ministerial Meeting

(OPEC, 31.Mar.2022) — Following the conclusion of the 27th OPEC and non-OPEC Ministerial Meeting, held via videoconference on 31 March 2022, it was noted that […]