Energy Analytics Institute (EAI)

Melbana Provides Positive Update from Alameda-1 Well Onshore Cuba

(Melbana Energy, 7.Feb.2022) — Melbana Energy Limited (ASX: MAY) (Melbana) provided this update on its drilling operations at its Alameda-1 exploration well in its Block […]

Ecopetrol Reports Reserve-Replacement Ratio of 200% in 2021

(Ecopetrol, 7.Feb.2022) — Ecopetrol S.A. (BVC: ECOPETROL,NYSE: EC) announced its consolidated proven oil, condensate, and natural gas reserves (1P reserves, according to the standard international denomination), […]

A&V Oil Arbitration to be Laid in Parliament: Rowley

(Trinidad and Tobago Newsday, 6.Feb.2022) — The Prime Minister has instructed Energy Minister Stuart Young to lay the full details of the arbitration proceedings between […]

Top NRG headlines from Argentina and Colombia to Venezuela [photos]

HOUSTON, TEXAS (Energy Analytics Institute, 5.Feb.2022) — Energy Analytics Institute‘s photo journalistic recap of 10 of our top headlines on Instagram in recent weeks. ____________________ […]

The Energy Crunch: HSBC Global Research [PDF Download]

(Energy Analytics Institute, 4.Feb.2022) — “Here we go again. With inflation currently at multi-decade highs and uncertainty surrounding the inflation outlook already unprecedented, the last […]

Uruguay is at the Forefront in the Use of Renewable Energies [PDF Download]

(Uruguay XXI, 4.Feb.2022) — With an investment of more than eight billion pesos in the last decade, Uruguay is currently the second country in the […]

Petrobras Finalizes Divestment of Alagoas E&P Assets

(Petrobras, 4.Feb.2022) — Petrobras, following up on the releases disclosed on 30 June 2021 and 5 July /2021, concluded the sale of its entire stake […]

Petrobras Agrees to Draft SPA for UFN III

(Petrobras, 4.Feb.2022) — Petrobras, following up on the release disclosed on 21 February 2020, has reached an agreement for the draft of the Sale and […]

Trinidad Petroleum Vows to Fix Debt after S&P Downgrade

(Trinidad and Tobago Newsday, 4.Feb.2022) — S&P Global Ratings has downgraded Trinidad Petroleum Holdings Ltd‘s (TPHL) rating from BB to B+ in its latest overview […]

NRGBriefs: Maduro Says No Presidential Elections Until At Least 2025

(Energy Analytics Institute, 4.Feb.2022) — Energy briefs including Colombia signing a MOU w/ The Netherlands to create a hydrogen export channel; Venezuela’s President Nicolás Maduro […]

NRGBriefs: Argentina’s President Meets with Putin

(Energy Analytics Institute, 3.Feb.2022) — Energy briefs including Grupo Energía Bogotá commencing assembly of the first tower of its north project in Chocontá (Cundinamarca); Argentina’s […]

Petrobras Expresses Interest in Areas under Production Sharing Agreement

(Petrobras, 3.Feb.2022) — Petrobras expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid […]

Peru Facing Fuel Shortage after Suspending Repsol Operations, says PM

(Reuters, 3.Feb.2022) — New Peruvian Prime Minister Hector Valer said on Thursday the country was facing a fuel shortage due to a government decree that […]

Brazil Imports First Cargo of Guyanese Crude -Source

(Reuters, 3.Feb.2022) — An independent refiner has imported the first cargo of Guyanese crude oil into Brazil, according to tanker tracking data and a person […]

Turmoil as Peru Leader Sets 2nd Cabinet Overhaul This Week

(AP, 2.Feb.2022) — Turmoil in Peru’s government boiled even more Friday as President Pedro Castillo announced plans for a fourth Cabinet shakeup in six months, […]

Ecuador Eyes Key Oil Sector Actions in 2022

(Energy Analytics Institute, 2.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, highlighted key goals the […]

Colombia Reports YE:21 Gas and Oil Production

(Energy Analytics Institute, 2.Feb.2022) — In December 2021, Colombia reported a 2.49% sequential rise in its natural gas production while its crude oil production fell […]

NRGBriefs: Trinidad’s Gas and LNG Production Fell in Nov. 2021

(Energy Analytics Institute, 2.Feb.2022) — Energy briefs including Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) reporting gas, oil and LNG production figures […]

Guyana Produced 42.7 MMbbls in 2021 – Minister Singh

(DPI, 1.Feb.2022) — For the year 2021, Guyana produced 42.7 million barrels of light, sweet crude from the Liza One development in the prolific Stabroek […]

MENRNR Head Approves Strategic Plan 2021-25

(Energy Analytics Institute, 1.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, approved the Strategic Plan […]

Petrobras on Receiving Last Installment of the Block BM-S-8 Sale

(Peterobras, 1.Feb.2022) — Petrobras, following up on the releases disclosed on 22 November 2016, 21 March 2018 and 9 December 2021, informs that it received […]

Equinor, Battelle to Explore Appalachian Basin CCS Potential

(Equinor, 1.Feb.2022) — Equinor has signed a memorandum of understanding (MOU) with leading science and technology firm Battelle to advance development of a decarbonized regional […]

NRGBriefs: BCV Reports Income from FX Sales from PDVSA

(Energy Analytics Institute, 1.Feb.2022) — Energy briefs including Venezuela’s income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reaching […]

ExxonMobil Earns $23bn in 2021, Initiates $10bn Share Repurchase Program

(Exxon, 1.Feb.2022) — Exxon Mobil Corporation announced fourth-quarter 2021 earnings of $8.9bn, or $2.08 per share assuming dilution, resulting in full-year earnings of $23bn, or […]

Hess Recognized for Diversity, Equity and Inclusion

(Hess, 1.Feb.2022) — Hess Corporation (NYSE: HES) achieved a top score of 100% on the Human Rights Campaign’s (HRC) Corporate Equality Index for 2022 and earned […]

Maersk Drilling Secures Contract Extensions for Maersk Viking in Malaysia

(Maersk, 1.Feb.2022) — Sarawak Shell Berhad/Sabah Shell Petroleum Corporation (SSB/SSPC) has executed two options on the previously announced contract that will employ the 7th generation […]

Petrobras Inks Deal to Divest Potiguar Cluster

(Petrobras, 31.Jan.2022) — Petrobras, following up on the release disclosed on 28 January 2022, informs that it signed today with the company 3R Potiguar S.A., […]

Iranian Oil Tanker to Discharge 2 mln Barrels in Venezuela

(Reuters, 31.Jan.2022) — An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run oil company PDVSA‘s main oil […]

Peru Bans Repsol from Unloading Oil until Further Notice after Spill

(Reuters, 31.Jan.2022) — Peru Environment Minister Ruben Ramirez said on Monday the government will temporarily suspend Repsol‘s (REP.MC) offshore oil unloading operations following a spill of over […]

DeNovo Completes Zandolie Platform Fabrication

(MEEI, 31.Jan.2022) — DeNovo Energy Limited announced the completion of the local fabrication of the platform for its 2nd offshore field development, Zandolie. To mark the […]

Frontera and CGX Find Oil at Kawa-1 Well Offshore Guyana

(Frontera, 31.Jan.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced […]