Energy Analytics Institute (EAI)

Proman, CropX to Invest in Technology to Make Farming More Sustainable

(Proman, 29.Mar.2022) — Proman, an integrated energy company and one of the world’s top ten nitrogen fertilizer producers, announced a new strategic partnership with CropX, […]

NRGBriefs: Lula Participates in Discussion about Fuel Prices in Brazil

(Energy Analytics Institute, 29.Mar.2022) — Energy briefs including former Brazilian President Luiz Inácio Lula da Silva participating in a chat w/ specialists with the Federation […]

Presidential Candidate Petro’s Oil, Pension Proposals Give Investors Pause

(Reuters, 29.Mar.2022) — Leftist Colombia presidential candidate Gustavo Petro’s promises to halt new oil projects and redistribute pension funds could put the country’s economic stability […]

Pemex Crude Exports Rise 11% m/m in Feb. to 925,000 bpd

(Reuters, 29.Mar.2022) — Petroleos Mexicanos (Pemex) said it exported 925,000 barrels of crude per day (bpd) on average in February, up 11.2% from the previous […]

Shell Adds Deep-Water US GOM Production with PowerNap

(Shell, 29.Mar.2022) — Shell Offshore Inc., a subsidiary of Shell plc, announces the start of production at PowerNap, a subsea development in the US Gulf of […]

JinkoSolar Reached Delivery Milestone of 100GW of Total Solar Panels

(JinkoSolar, 29.Mar.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) has delivered 100GW of solar modules globally. JinkoSolar is the first company in history to achieve this […]

Ecopetrol Trading Asia to Dispatch 90,000 Barrels to Sinochem

(Energy Analytics Institute, 29.Mar.2022) — Ecopetrol Trading Asia, an affiliate of Ecopetrol Group with an office in Singapore, realized its first commercial operation to sell […]

QatarEnergy Buys 40% Stake in Offshore Egypt Exploration Block

(QatarEnergy, 29.Mar.2022) — QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt. Under the terms of […]

Transocean Invests in Exploration of Seabed Minerals to Support Renewable Supply Chain

(Transocean, 29.Mar.2022) — Transocean Ltd. (NYSE: RIG) purchased a minority interest in Ocean Minerals Ltd., a company engaged in the exploration of seabed resources containing metals critical […]

Murphy Oil Says Cutthroat-1 Exploration Well Offshore Brazil Didn’t Find Oil

(Murphy Oil, 28.Mar.2022) — Murphy Oil Corporation (NYSE: MUR) announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas […]

NGC Inks Gas Supply Contract with TCL

(NGC, 28.Mar.2022) — The National Gas Company of Trinidad and Tobago Limited (NGC) signed a Gas Sales Contract (GSC) with local cement manufacturer, Trinidad Cement […]

EIG and Fluxys Partner in GNL Quintero S.A. Plant in Chile

(EIG, 28.Mar.2022) — EIG, an institutional investor to the global energy and infrastructure sectors, and Fluxys, an energy infrastructure company, announced they jointly will acquire […]

NRGBriefs: Atlantic LNG Could Save Venezuela Cos. Money Needed for Export

(Energy Analytics Institute, 28.Mar.2022) — Energy briefs including Touchstone Exploration Inc. (TSX, LSE: TXP) reported its 4Q:21 and YE:21 operating and financial results; and Caracas-based […]

Talos Reveals Finalization of the Zama Unitization Process

(Talos, 28.Mar.2022) — Talos Energy Inc. (NYSE: TALO) has received the final Unitization Resolution (“UR”) from Mexico’s Ministry of Energy (SENER) regarding the development of […]

Tellurian’s Driftwood LNG Begins Construction

(Tellurian, 28.Mar.2022) — Tellurian Inc. (NYSE American: TELL) issued a limited notice to proceed to Bechtel Energy Inc. under its executed Engineering, Procurement and Construction […]

Peru’s President Avoids Impeachment after Marathon Debate

(Al Jazeera, 28.Mar.2022) — Peru’s President Pedro Castillo avoided impeachment by the country’s opposition-dominated legislature on Monday after a parliamentary debate lasting more than eight hours. Fifty-five […]

Brazil Government Plans to Replace Petrobras CEO Joaquim Silva E Luna

(WSJ, 28.Mar.2022) — Brazil’s Mining and Energy Ministry said Monday the government intends to replace Joaquim Silva e Luna as chief executive of state-controlled Petróleo […]

Vermilion Energy Reveals Acquisition of Montney Assets

(Vermilion Energy, 28.Mar.2022) — Vermilion Energy Inc. (TSX: VET) (NYSE: VET) entered into an arrangement agreement to acquire Leucrotta Exploration Inc. for a net cash purchase […]

Triangle Lithium LLC Starts Antofalla Drilling Campaign in Argentina

(Triangle Lithium, 28.Mar.2022) — Triangle Lithium LLC’s subsidiary Triangle Lithium Argentina, SA (Trila), a joint venture with Lithium Energi Argentina, SA (LEA), finalized and executed […]

War Turns Argentina’s Shale Boom Dream into Gas-Buying Nightmare

(Bloomberg, 28.Mar.2022) — Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources. Despite having shale-gas […]

Petrobras CEO Ousted Amid Spat Over Fuel Prices

(Bloomberg, 28.Mar.2022) — Latin America’s biggest oil producer Petroleo Brasileiro SA will have its third chief executive officer since early 2021 after Joaquim Silva e […]

Petrobras on Letter from the Mines and Energy Ministry

(Petrobras, 28.Mar.2022) — Petrobras, following up on the release disclosed on 03/05/2022, informs that it received a letter from the Ministry of Mines and Energy […]

EAI brief takeaway: Venezuela and US sanctions

PANAMA CITY, PANAMA (By Editors at Energy Analytics Institute, 26.Mar.2022, Words: 364) — Venezuela’s petroleum sector is again front center on Washington’s radar due to […]

Attend the Madrid Energy Conference from 6-8 Apr. 2022

(Global Event Partners, 26.Mar.2022) — The Madrid Energy Conference has become the nexus for Latin American and European energy leaders to discuss energy transition solutions and […]

NRGBriefs: Venezuela Petroleum Flows to Asia-Pacific Trending Downward

(Energy Analytics Institute, 25.Mar.2022) — Energy briefs including Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young meeting with Touchstone Exploration executives about […]

HF Sinclair and HollyFrontier Commence Private Exchange Offers

(HF Sinclair Corporation, 24.Mar.2022) — HF Sinclair Corporation (NYSE: DINO) and HollyFrontier Corporation (HFC) announced the commencement of private offers to all Eligible Holders (as defined […]

Purchase Oil From Canada, Not Venezuela

(Forbes, 24.Mar.2022) — Gasoline prices are reaching record highs and Russian oil imports are ending. As the Biden Administration makes overtures to Venezuela to request […]

GCL SI to Supply 71MW Solar Modules in Brazil

(GCL SI, 24.Mar.2022) — GCL System Integration Technology Co., Ltd. (GCL SI) (Shenzhen:002506), a photovoltaics (PV) company in China, will launch a project, dubbed Casa Blanca, […]

NRGBriefs: Venezuela Oil Production Tendencies in Early 2022

(Energy Analytics Institute, 24.Mar.2022) — Energy briefs including Trinidad and Tobago’s Vision 2030 laying out a development agenda to address major National Development Strategy challenges; […]

CGG Wins Another Major 4D OBN Imaging Contract Offshore Brazil

(CGG, 24.Mar.2022) — CGG has been awarded a two-part Ocean Bottom Node (OBN) seismic imaging project by PXGEO over the Sapinhoá Shared Reservoir in the […]

NextDecade and Guangdong Energy Announce Binding Heads of Agreement

(NextDecade Corporation, 24.Mar.2022) — NextDecade Corporation (NASDAQ: NEXT) announced the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. […]

Frontera Finds 27.2 Degree API Light Oil At The Tui-1 Well In Ecuador

(Frontera, 24.Mar.2022) — Frontera Energy Corporation (TSX: FEC) has discovered 27.2 degree API light crude oil at the Tui-1 exploration well on the Perico block […]

Electrolux Reduces Sea Transport Emissions by 15% in 2022

(Electrolux, 23.Mar.2022) — Electrolux will now use more sustainable fuels for 25% of its total sea freight. By partnering with shipping companies Maersk and CMA […]

World Must Double-Down on Plans to Achieve Net Zero by 2050

(WoodMac, 23.Mar.2022) — Wood Mackenzie, a Verisk business (Nasdaq:VRSK), reveals in its latest Accelerated Energy Transition (AET) 1.5-Degree scenario report, that the world needs to double-down […]

Argentine Gas Transporter Adding Capacity from Vaca Muerta Shale Play

(S&P Global, 23.Mar.2022) — Transportadora de Gas del Sur, or TGS, the biggest gas transporter in Argentina, said late March 22 it plans to invest […]

NRGBriefs: Zacatecas Silver Provides Update on Panuco Project

(Energy Analytics Institute, 23.Mar.2022) — Energy briefs including Zacatecas Silver Corp. (ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) providing an update on its diamond drilling […]

IDB Approves Strategy for Trinidad and Tobago on Digital Transformation

(IDB, 23.Mar.2022) — Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Trinidad and Tobago Minister of Planning & Development Pennelope Beckles met today to discuss […]

SK E&S Buys EverCharge, a US EV Charging Solutions Provider

(SK E&S, 23.Mar.2022) — SK E&S is entering the US electric vehicle charging market. On 23 March 2022, SK E&S announced the acquisition of EverCharge, an EV […]

Petro Names Afro-Colombian Environmentalist as Running Mate

(Bloomberg, 23.Mar.2022) — Gustavo Petro, who’s leading Colombia’s presidential race with a campaign focused on wealth redistribution and a green economy, doubled down on his […]

If Biden Wants to Lower Gas Prices, he Should Talk to Guyana | Opinion

(Miami Herald, 23.Mar.2022) — President Biden recently sent a team of senior U.S. officials to Caracas for talks with Venezuelan dictator Nicolás Maduro about a […]

POSCO Holdings Inc. Invests $839mn in Lithium Business in Argentina

(POSCO Holdings, 23.Mar.2022) — POSCO Holdings started construction of a plant to commercialize brine lithium in Argentina. The POSCO Group is Argentina’s first to produce lithium […]

Colombia’s Fossil Fuel Industry Is Freaking Out About Gustavo Petro

(The New Republic, 22.Mar.2022) — This spring, Colombia could elect its first progressive president. In primary elections earlier this month—held for left-wing, centrist, and ruling right blocs—former Bogotá mayor […]

Government Expects Higher Than Budgeted Revenues, Forex From Oil, Gas

(Trinidad and Tobago Newsday, 22.Mar.2022) — Finance Minister Colm Imbert said Trinidad and Tobago can expect to enjoy quite higher earnings from the sale of […]

NRGBriefs: Argentina Inflation Could Touch 5.5% in Mar. 2022 [PDF Download]

(Energy Analytics Institute, 22.Mar.2022) — Energy briefs including Suriname and Guyana with 13bn bbls of discovered resources and continuing exploration and where opportunities are tremendous, […]

NRGBriefs: Venezuela’s VP Delcy Rodríguez on impact of US sanctions

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Mar.2022, Words: 191) — Energy briefs including Venezuela’s Vice President Delcy Rodríguez commenting on the impact of US […]

Chevron, Waiting It Out in Venezuela, Tells US Now Is the Time to Pump Oil

(WSJ, 22.Mar.2022) — For months, Biden administration officials snubbed top executives and lobbyists for Chevron Corp. who had pressed officials in Washington to ease sanctions so the company […]

Zacatecas Closes Oversubscribed $19.15mn Financing

(Zacatecas Silver, 22.Mar.20222) — Zacatecas Silver Corp. (ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) closed a $19.15mn offering of subscription receipts (the “financing”). The financing […]

Argentina Lithium Starts Geophysics Program at Rincon West Project

(Argentina Lithium & Energy Corp., 21.Mar.2022) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) commenced advanced geophysical imaging surveys at its Rincon […]

Invenergy and GE Renewable Energy Start Ops at 998 MW Wind Project

(Invenergy, 21.Mar.2022) — Invenergy announced commercial operations for the 998-megawatt Traverse Wind Energy Center, the largest wind farm constructed in a single phase in North […]

UH Launches New Energy Transition Institute with $10mn Donation from Shell

(KTRK, 21.Mar.2022) — The University of Houston is establishing a new institute focused on clean energy, and it’s all thanks to a donation from Shell.UH […]