Energy Analytics Institute (EAI)

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 […]

Ecopetrol, Promigas Start up Pilot-Scale Electrolysers in Cartagena

(Renewables Now, 21.Mar.2022) — The Colombian government on Friday inaugurated a pair of electrolysers in the city of Cartagena installed by two domestic companies as […]

Eco Atlantic Updates Resource Report on Assets in Guyana, Namibia and S. Africa

(Eco (Atlantic), 21.Mar.2022) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO, TSX ‐ V:EOG) announced publication of an updated NI 51-101 compliant Competent Person’s Report […]

NRGBriefs: Argentina’s Oil Production Reaches 571,000 b/d in Feb. 2022

(Energy Analytics Institute, 21.Mar.2022) — Energy briefs including Argentina’s oil production rising in Feb. 2022 to 571,000 b/d, its highest mark since Dec. 2011; and […]

Let’s Wait And See Impact on Govt Revenue: Energy Minister Young Says

(Trinidad Express, 20.Mar.2022) — Energy Minister Stuart Young said yesterday that higher global ammonia prices should result in more revenue for the Government in the […]

NRGBriefs: Xi Jinping Says World Must Reject Cold War Mentality

(Energy Analytics Institute, 20.Mar.2022) — Energy briefs including China’s Xi Jinping saying there should be a rejection to “the Cold War mentality”; and the American […]

UWI Economist Urges CARICOM to Look Within for Oil Supplies

(The Gleaner, 20.Mar.2022) — A day after Russia invaded Ukraine, sending oil prices skyrocketing to heights not seen since 2014, McCarthy Marie, a former University […]

Science in the Southern Hemisphere: SOFIA Deploys to Chile

(Universities Space Research Association, 18.Mar.2022) — The Stratospheric Observatory for Infrared Astronomy (SOFIA) landed at the Santiago International Airport on 18 March 2022. Like other deployments to the Southern […]

EXMAR and GASUNIE Move to Secure Energy Supply

(Energy Analytics Institute, 18.Mar.2022) — EXMAR reached an agreement for a 5-year charter for the employment of its 600 million standard cubic feet per day […]

NRGBriefs: Colombia Commences Two Green Hydrogen Pilots [PDF Download]

(Energy Analytics Institute, 18.Mar.2022) — Energy briefs including Colombia commencing operations at the first of two green hydrogen pilots in Cartagena; Ecopetrol announcing plans to […]

Shell Brasil Applies for Environmental License for Offshore Wind Power Projects

(Shell Brasil, 18.Mar.2022) — Shell Brasil earlier this week applied for environmental licenses from the Brazilian Institute of the Environment and Natural Resources (IBAMA) for […]

US sanctions on Venezuela and what they don’t tell you: Luis Vicente León

CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 18.Mar.2022, Words: 341) — Datanalisis president Luis Vicente León commented on social media about the rumors around […]

Washington-Caracas talks driven by 3 factors: Datanalisis’ Luis Vicente León says [video]

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Mar.2022, Words: 242) — Talks earlier this month between a delegation from Washington and Venezuela’s President Nicolás Maduro […]

Defaulted Venezuela Bonds Are Luring Buyers Betting on US Deal

(Bloomberg, 18.Mar.2022) — A bond that trades at 10 cents on the dollar is about as distressed as distressed gets. And yet in Venezuela, which […]

Ecopetrol Rectifies False Details Published on Third-party Website

(Ecopetrol, 18.Mar.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that on 17 March 2022, it became aware of certain false information published on a now-deactivated website (https://secureleads.org/), […]

Noble Corp. and Maersk Drilling Name Management Team for Combined Co.

(Noble Corp., 18.Mar.2022) — Noble Corporation (NYSE: NE) and The Drilling Company of 1972 A/S (CSE: DRLCO) (Maersk Drilling) announced the executive management team to […]

NRGBriefs: Juan Guaidó Reiterates Call For “Free and Fair” Elections in Venezuela

(Energy Analytics Institute, 17.Mar.2022) — Energy briefs including Venezuela’s opposition leader Juan Guaidó saying the solution to the Venezuelan tragedy is “free and fair” elections; […]

Braskem Reports Record Results in 2021

(Braskem, 17.Mar.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announced its results for 4Q21 and 2021. 4Q21 and 2021 HIGHLIGHTS Braskem – […]

Golden Arrow Purchases the San Pietro Iron-oxide Copper Gold Project, Chile

(Golden Arrow Resources, 17.Mar.2022) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF),through its wholly owned subsidiary New Golden Explorations Chile SPA, purchased a 100% interest […]