Energy Analytics Institute (EAI)

Petrobras, Novonor Pick Banks for $1.5bn Braskem Share Sale

(Bloomberg, 5.Jan.2022) — The controlling shareholders of Braskem SA, one of the world’s top petrochemical makers, have picked banks to unload a roughly $1.5 billion […]

NGC and Shell Ink a HOA to Move Forward the Manatee Gas Project

(NGC, 5.Jan.2022) — NGC signed a Heads of Agreement (HOA) with Shell to start the pre-Front End Engineering Design (pre- FEED) phase for the processing […]

Hess Reports Two Finds Offshore Guyana

(Hess, 5.Jan.2022) — Hess Corporation (NYSE: HES) announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add […]

Thousands Protest Argentina Oil Exploration Project

(AFP, 5.Jan.2022) — Thousands marched Tuesday along the beaches of Argentina’s Mar del Plata to protest an oil exploration project off the Atlantic coast. Carrying […]

Staatsolie Revenue on the Rise

(CMC, 5.Jan.2022) — Staatsolie of Suriname estimates that its gross revenues for last year is in the vicinity of US$400 million, nearly half of which […]

ExxonMobil Finds More Oil at Two Wells in Guyana’s Stabroek Block

(Exxon, 5.Jan.2022) — ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 […]

NRGBriefs: Presidential Elections in Brazil and Colombia

(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair […]

Atlas by SEAL Awards for Environmental Initiative with Primates

(Atlas, 4.Jan.2022) — Atlas Renewable Energy has been recognized as SEAL Awards’ Business Sustainability winner under the Environmental Initiative Award Category. Atlas was recognized for […]

Venezuela Doubles Crude Oil Exports Defying US Sanctions

(Bloomberg, 3.Jan.2022) — Oil exports from Venezuela doubled in December from a year earlier as the country raises production of revenue-generating hydrocarbons in defiance of […]

NRGBriefs: Buenos Aires Power Outages

(Energy Analytics Institute, 3.Jan.2022) — Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; […]

Brazil’s Oil Production Rose 2.7% in November [PDF Download]

(Energy Analytics Institute, 3.Jan.2022) — Brazil’s national production of crude oil and natural gas totaled 3,711 million barrels of oil equivalent per day (MMboe/d) in […]

ENAP Sipetrol Egypt Awarded West Amer Block in the Gulf of Suez

(Enap, 3.Jan.2022) — This assignment strengthens the exploration portfolio and confirms ENAP‘s good results in that country. ENAP Sipetrol Egypt has been awarded a new […]

Ecuador Oil Sector to See Busy Year

(S&P Global Platts, 3.Jan.2022) — Ecuador’s oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 […]

Geophyxs’s Search for Gold Continues

(Jamaica Observer, 2.Jan.2022) — Mineral exploration company Geophysx Jamaica Limited following preliminary findings from a series of exploration activities done locally has moved to roll-out phase […]

Montenegro’s EPCG To Study Gas-fired Power Plant Projects

(EPCG, 2.Jan.2022) — Elektroprivreda Crne Gore AD Nikšić (EPCG) is the National Energy Company of Montenegro. The primary activities carried out by EPCG are electricity generation, […]

White & Case Advises Trinidad on Atlantic LNG Heads of Agreement Deal

(White & Case, 27.Jan.2022) — Global law firm White & Case LLP has advised the Government of the Republic of Trinidad and Tobago, acting through […]

Trinidad’s Energy Minister Provides Annual Video Update

(Energy Analytics Institute, 31.Dec.2021) — Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young commented in an annual video update from Port of […]

Record Gas Prices in Jamaica

(Jamaica Observer, 30.Dec.2021) — Pump prices touch a new record today after jumping by the most in two months. Petrojam on Wednesday hiked the price […]

NRGBriefs: Great Panther Files Defense to Infractions

(Energy Analytics Institute, 30.Dec.2021) — Energy briefs including Great Panther filing a defense to three infraction notices delivered to its Brazilian subsidiary, Mina Tucano Ltda.; […]

Brazilian Elections Will Not Affect Petrobras Pricing, CEO Pledges

(Reuters, 30.Dec.2021) — Brazil’s 2022 general elections will not influence the fuel pricing policy of Petrobras, the chief executive of the state-run oil company told […]

Petrobras Responds to Preliminary Injunctions on Gas Contracts

(Petrobras, 30.Dec.2021) — Petrobras was notified, on this date, of preliminary decisions rendered by the Court of Justice of the State of Rio de Janeiro […]

Game Changing Local Content Bill Passed in Guyana

(DPI, 30.Dec.2021) — “We want to ensure that with this Bill, Guyanese reap the benefits from the oil and gas sector. This bill will help […]

Banks Express Belief in Caribbean Renewable Energy Future

(Jamaica Observer, 29.Dec.2021) — Even with Jamaica not having any new request for proposal (RFP) since early 2016, more banks and other lenders have begun […]

NRGBriefs: Ecuador Eyes Restarting OCP

(Energy Analytics Institute, 29.Dec.2021) — Energy briefs including Ecuador expecting to restart ops at OCP on 31 Dec. 2021; and Y&V Ingeniería y Construcción saying […]

NGC Expands Energy Marketing and Trading Portfolio

(NGC, 29.Dec.2021) — The National Gas Company of Trinidad and Tobago Limited (NGC) continues to move forward with its green initiatives through expansion of its […]

Venezuela’s 2021 Crude Output Shows No Growth from Last Year

(S&P Global Platts, 29.Dec.2021) — Venezuelan state-owned PDVSA and its foreign joint venture partners recorded average crude oil production of 560,000 b/d in 2021, according […]

Orvana Files 2021 Annual Info

(Orvana, 29.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) filed its annual info. For for the year ended 30 September 2021 (the “AIF”) and independent 43-101 report on […]

Touchstone Reveals Inaugural 2020 Sustainability Report

(Touchstone, 29.Dec.2021) — Touchstone Exploration Inc. presented its inaugural 2020 Sustainability Report, outlining our progress and initiatives on environmental, social and governance (ESG) practices. This […]

ExxonMobil Reports ‘Safe’ Year for Guyana Operations

(CMC, 29.Dec.2022) — ExxonMobil Guyana says 2021 has been a safe year for the oil company, noting that there had been many days across offshore […]

Great Panther Reveals Board Changes

(Great Panther, 28.Dec.2021) — Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) announces the resignation of David Garofalo as Director and Chair of the Board […]

CIT Provides $35.5mn to Greenyield Shipping LLC

(CIT Group, 28.Dec.2021) — CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business provided $35.5mn to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is […]

Jinko Solar Completes IPO Registration

(JinkoSolar, 28.Dec.2021) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that according to the information published by the China Securities Regulatory Commission (CSRC), its principal operating […]

Mexico Plans to End Oil Exports in 2023 to Reach Self-Sufficiency

(Bloomberg, 28.Dec.2021) — Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez […]

Q&A: Excelerate Looks South for LNG Opportunities

(Argus, 28.Dec.2021) — Brazil’s unfolding market opening for natural gas could also create opportunities for LNG in the region as a complementary energy source, US […]

Colombia Knocks Out Illegal Refineries Belonging to ELN

(Reuters, 28.Dec.2021) — Colombian security forces on Tuesday neutralized two clandestine refineries in the country’s northeast which belonged to the rebel National Liberation Army (ELN), […]

Chile Eyes Green Hydrogen Projects After Financing Round

(Energy Analytics Institute, 28.Dec.2021) — The Chilean government announced six companies were selected in the country’s financing round related to its National Green Hydrogen Strategy. […]

Six Companies Selected to Export Argentine Gas to Chile

(Energy Analytics Institute, 28.Dec.2021) — Argentina’s Energy Secretariat authorized six companies — YPF, Total, PAE, Vista, Pampa and Tecpetrol — to carryout gas exports from […]

NRGBriefs: Ecopetrol Sends First Carbon-Neutral Cargo to PetroChina

(Energy Analytics Institute, 28.Dec.2021) — Energy briefs including Colombia’s state-controlled Ecopetrol agreeing to ship 1 MMbbls of Castilla blend oil to PetroChina for delivery in […]

Talos Energy Releases 2021 ESG Report

(Talos, 27.Dec.2021) — Talos Energy Inc. (NYSE: TALO) published its second annual environmental, social and governance (ESG) report to stakeholders, highlighting the company’s continued environmental, health […]

Venezuela Says Oil Output Topped More Than 1 MMb/d

(Bloomberg, 27.Dec.2021) — Venezuela says it’s pumping the most oil since harsh U.S. sanctions strangled state-owned oil company Petroleos de Venezuela SA more than two years ago. […]

How Venezuela Pulled its Oil Production Out of a Tailspin

(Reuters, 27.Dec.2021) — Venezuela this year almost doubled its oil production from last year’s decades-low as its state-owned company struck deals that let it pump […]

NRGBriefs: Ecuador’s Oil Production Around 91 Mb/d

(Energy Analytics Institute, 27.Dec.2021) — Energy briefs including Ecuador’s crude oil production reaching around 91,480 b/d this week; APA Corp. revealing ratification of a modernized […]

APA Corp. Ratifies Modernized PSC in Egypt

(APA, 27.Dec.2021) — APA Corporation (Nasdaq: APA) announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement […]

NRGBriefs: Maduro Courts Arab Investments

(Energy Analytics Institute, 26.Dec.2021) — Energy briefs including Venezuela’s President Nicolas Maduro talking in a special interview w/ Arab media house Al Mayadeen broadcast on […]

Shell: Commissioning Work for Poinsettia Begins in January

(Trinidad Guardian, 24.Dec.2021) — Shell Trinidad and Tobago Limited has announced that commissioning work on the Poinsettia Platform will begin in January. In a notice […]

NRGBriefs: Venezuelan Oil Production Touches 1 MMb/d

(Energy Analytics Institute, 24.Dec.2021) — Energy briefs including Venezuela supposedly reaching the 1 MMb/d oil production mark; and SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: […]

NRGBriefs: NGC Embarks on New Design-Build Project in Ghana

(Energy Analytics Institute, 23.Dec.2021) — Energy briefs including Ecuador’s Subsecretariat of Control and Nuclear Applications (SCAN), together w/ different national public entities, announcing the International […]

Orvana Closes €15mn Syndicated Loan in Spain

(Orvana Minerals, 23.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) closed a €15mn syndicated loan with two Spain-based banks, through its wholly-owned subsidiaries in Spain, Orvana Minerals Iberia S.L.U. […]

Colombia’s Energy Self-Sufficiency at Risk

(Rystad Energy, 23.Dec.2021) — Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant […]

Guyana Gov’t Working on Ensuring Prosperity

(DPI, 23.Dec.2021) — December 20, 2019, marked a new, historic era for Guyana and its people. It was the day when ExxonMobil began producing light […]