Energy Analytics Institute (EAI)

Frontera Announces CAPEX and Production Guidance for 2022

(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced its full year 2022 capital and production guidance, provided an update on its normal course issuer […]

Frontera Reveals YE:21 Reserves

(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (D&M). All dollar […]

Suriname Scraps Deal to Build Hydrogen Plant

(CMC, 15.Feb.2022) — The Suriname government has begun the process of ending a controversial deal for the construction here of a state-of-the-art hydrogen plant by […]

KEI Responds to News AMLO’s Son Being Employed at the US Company

(KEI Partners, 15.Feb.2022) — Regarding misinformation currently being circulated by the Mexican press. About Our Office: The office at 4400 Post Oak Pkwy has existed […]

Talos Energy and EnLink Midstream Complete Carbon Capture Solution

(Talos Energy, 15.Feb.2022) — Talos Energy Inc. (NYSE: TALO) and EnLink Midstream, LLC (NYSE: ENLC) have executed a memorandum of understanding to jointly develop a complete CO2 capture, […]

Petrobras and Gaspetro Finalize Gasmar Exit

(Petrobras, 15.Feb.2022) — Petrobras, following up on the release disclosed on 04/09/21, informs that it concluded today, together with its subsidiary Petrobras Gás S.A. (Gaspetro), […]

ExxonMobil CEO: Continued Progress Means Achieving Local Content Goals

(Guyana’s DPI, 15.Feb.2022) — Achieving the goals of local content will see continued progress for Guyanese and local companies, Chief Executive Officer (CEO) of oil […]

President Ali Tells Investors: Guyana Welcomes Investors but Guyanese Must Benefit

(Guyana’s DPI, 15.Feb.2022) — An olive branch has been extended to companies looking to invest in the oil and gas producing nation of Guyana. However, […]

Brazil to be Net Gas Importer for Next Decade

(Argus, 15.Feb.2022) — Brazil will be a natural gas net importer for the next ten years, says Petrobras executive Álvaro Tupiassú during the 2nd Brazil […]

Interoil Provides Argentina and Colombia Production Update

(Interoil, 15.Feb.2022) — Interoil provided production details from its operations in Argentina and Colombia. Below are details of average gross operated production in January 2022 […]

Colombia’s Economy Grows the Most in 115 Years

(Bloomberg, 15.Feb.2022) — Colombia’s economy blew away forecasts as it grew at the fastest pace in more than a century last year, driven by a […]

Southwestern Energy Expands RSG Monitoring Across Entire Operations

(Southwestern Energy Company, 8.Feb.2022) — Southwestern Energy Company (NYSE: SWN) announced the expansion of its company-wide certification and continuous monitoring of its production as responsibly […]

NRGBriefs: Vista Reporting a 42% Rise in P1 Reserves [PDF Downloads]

(Energy Analytics Institute, 14.Feb.2022) — Energy briefs including Argentina’s energy transition accompanying the country’s growth process; Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; […]

GX Energy and Frontera JV to Focus on Corentyne Block in 2022

(CGX Energy, 14.Feb.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of […]

FPSO Liza Unity Producing and on Hire

(SBM Offshore, 14.Feb.2022) — SBM Offshore announced that FPSO Liza Unity has produced first oil as of February 11, 2022 and is formally on hire. The FPSO Liza […]

Baker Hughes Expands Presence in Guyana with Opening of Major Facility

(Baker Hughes, 14.Feb.2022) — Baker Hughes has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and […]

Brazil has Oil. Exxon Can’t Seem to Find It

(Reuters, 14.Feb.2022) — Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as […]

Petrobras Registers Record Pre-Salt Production in 2021

(Zacks Equity Research, 14.Feb.2022) — Brazilian state-owned oil major Petrobras (PBR) announced that it accomplished its best pre-salt output from its offshore fields last year, averaging 1.95 […]

T&T to Co-chair Climate Finance Goal

(Trinidad Express, 13.Feb.2022) — Trinidad and Tobago has been appointed to co-chair the ad hoc work programme on the new climate finance goal by president […]

ExxonMobil’s Second Development Starts Operations Offshore Guyana

(ExxonMobil, 11.Feb.2022) — ExxonMobil started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more […]

NRGBriefs: Trinidad Energy Minister Meets with Executives about Project Lara

(Energy Analytics Institute, 11.Feb.2022) — Energy briefs including Stuart Young, Trinidad and Tobago’s head at the Ministry of Energy and Energy Industries meeting with corporate […]

Enbridge Reports 2021 Financial Results and Advances Strategic Priorities

(Enbridge, 11.Feb.2022) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) reported strong full year 2021 financial results, reaffirmed its 2022 financial outlook, and provided a quarterly business […]

Hess Starts Production from Liza Phase 2 Development, Offshore Guyana

(Hess, 11.Feb.2022) — Hess Corporation (NYSE: HES) announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity […]

SBM Offshore Provides Project Update [PDF Download]

(SBM Offshore, 10.Feb.2022) — SBM Offshore provided a status update on individual projects from Guyana to Brazil. Guyana FPSO Liza Destiny The third stage flash […]

NRGBriefs: St. Kitts and Nevis’ Energy Report Card [PDF Downloads]

(Energy Analytics Institute, 10.Feb.2022) — Energy briefs including St. Kitts and Nevis’ Energy Report Card (ERC) providing an overview of the energy sector performance; and […]

Petrobras Receives Int’l Award for debt Management

(Petrobras, 10.Feb.2022) — Petrobras was the winner of the “Deals of the Year” award, promoted by the North American magazine Latin Finance, in the category […]

More Gas Pains for T&T

(Trinidad Guardian, 10.Feb.2022) — T&T can expect 2022 to be another year of major natural gas shortages that will negatively impact the country’s economy, LNG […]

NGC Shakeup: Govt Gets Rid of Two Directors at NGC

(Trinidad Guardian, 10.Feb.2022) —In a shake-up of the board of directors of the National Gas Company Ltd (NGC), the Cabinet last week decided not to […]

TotalEnergies Seeks Exit from Venezuelan Gas Projects

(Bloomberg, 10.Feb.2022) — TotalEnergies SE is negotiating an exit from its natural gas operations in Venezuela, just months after the French energy giant closed its oil […]

JinkoSolar’s Tiger Neo Bifacial Modules Reach Competitive Carbon Footprint Value

(JinkoSolar, 10.Feb.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its Tiger Neo Bifacial BDV 570 (144 cells) and Tiger Neo Bifacial BDV 610 (156 cells) modules, […]

Petrobras Provides 4Q:21 Production and Sales Highlights [PDF Download]

(Petrobras, 9.Feb.2022) — Petrobras posted an excellent operational performance in 2021, reaching all production targets for the year with the achievement of the following marks: […]

Ecopetrol Group Launches 2040 Strategy “Energy that Transforms”

(Ecopetrol, 9.Feb.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces the launch of its 2040 strategy and its operational and financial targets for the 2022/24 term (22–24 […]

Petrobras on Labor Lawsuit Filed at the Federal Supreme Court (STF)

(Petrobras, 8.Feb.2022) — Petrobras informs that, on 14 February 2022, a majority of votes favorable to Petrobras was formed in the judgment of that discusses […]

Petrobras To Host 4Q:21 Results Calls

(Petrobras, 8.Feb.2022) — Petrobras will release its 4Q21 Production and Sales Report on 9 February 2022 and its 4Q:21 Financial Performance Report on 23 February […]

Fitch Confirms Petrobras’ Rating

(Petrobras, 8.Feb.2022) — Petrobras announced that the rating agency Fitch reaffirmed its rating at “BB-“, with negative outlook, following the Brazil’s rating. The standalone rating […]

Canacol Energy Provides Sales, Drilling Operations, and Share Buyback Update

(Canacol, 8.Feb.2022) — Canacol Energy Ltd. (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provided the following information concerning its January 2022 natural gas sales, the Toronja 2 development well, […]

Minister Young Meets with Outgoing Ambassador of Japan to Trinidad

(MEEI, 8.Feb.2022) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P, […]

Petrobras on FPSO for Parque das Baleias Integrated Project

(Petrobras, 7.Feb.2022) — Petrobras, following up on the release disclosed on 12 November 2021, informs it signed the contracts with the companies Yinson Bergenia Production […]

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 […]