![Petrobras on Candidates Nominated for BODs [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/hqrio-petrobras.jpg)
(Petrobras, 28.Feb.2023) — Petrobras received an official letter from the Ministry of Mines and Energy (MME) containing the list of candidates who will compose the slate of the Federal Government, in the capacity of controlling shareholder, to the eight seats on the Board of Directors (BoD), whose elections will take […]
John F. Kerry to Address CERAWeek by S&P Global 2023
(S&P Global, 27.Feb.2023) — The United States Special Presidential Envoy for Climate, John F. Kerry, will address delegates at the 41st annual CERAWeek by S&P Global, 6-10 March in Houston. The first-ever Principal to sit on the U.S. National Security Council entirely dedicated to climate change, Mr. Kerry previously served as the 68th […]
AES Delivers on All 2022 Financial and Strategic Objectives
(AES, 27.Feb.2023) — The AES Corporation (NYSE: AES) today reported financial results for the year ended 31 December 2022. “2022 was another record year for AES, one in which we delivered on all of our financial and strategic objectives. We continue to see massive growth in our renewables business, and in 2022, […]
GoldMining Launches US GoldMining IPO
(GoldMining, 27.Feb.2023) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) announced that its subsidiary, U.S. GoldMining Inc. (“USGO”) has filed a registration statement on Form S-1 in connection with its initial public offering (IPO) of units (the “Units”). U.S. GoldMining is offering up to 2,000,000 Units under the IPO at […]
Venture Global on Roof Raising at Plaquemines LNG Facility
(Venture Global LNG, 27.Feb.2023) — Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. This major project milestone was completed ahead of schedule and comes nine months after the project’s final investment […]
Noble Announces 4Q:22 and YE:22 Results
(Noble, 27.Feb.2023) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) reported fourth quarter and full year 2022 results. Highlights: Integration of Maersk Drilling well underway, with over $50mn of synergies realized to date Noble establishes offshore drilling industry leadership in returning capital to shareholders, with, $96 million in share repurchases […]
The Dragon Dance
(Trinidad and Tobago Newsday, 25.Feb.2023) — Energy Minister Stuart Young has again expressed confidence that Trinidad and Tobago (TT) would successfully conclude and execute a deal to receive gas from Venezuela’s Dragon Field, but the challenges before first gas are not to be underestimated. Young gave an update with little […]
Ecopetrol Boosts Reserves to 2,011 MMboe at YE:22, Highest in 8 Years
(Ecopetrol, 24.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) reported its proven crude oil, condensate, and natural gas reserves (1P reserves according to the standard international denomination), which include the results of Ecopetrol and its subsidiaries, as of 31 December 2022. Highlights: The reserves-to-production or average reserves life of the Ecopetrol Group […]
Gas Contracts Central to Nord Stream Pipeline Mystery
(WoodMac, 24.Feb.2023) — Responsibility for the attack last September remains unknown. It could be crucial for multi-billion dollar arbitration claims. “A wise man,” wrote the Scottish philosopher David Hume, “proportions his belief to the evidence.” Hume was one of history’s greatest sceptics, who argued that beliefs should always be based […]
Ecopetrol Publishes Measures Ahead of General Shareholders’ Meeting
(Ecopetrol, 24.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial Superintendence of Colombia (E.C. 029 of 2014), the Board of Directors of Ecopetrol approved the implementation of the measures described below which […]
Trinidad to Begin Negotiations for Gas Deal with Venezuela in March
(Reuters, 24.Feb.2023) — Trinidad and Tobago expects to formally begin negotiations next month with Venezuela on a promising offshore natural gas project, the Caribbean nation’s energy minister said on Feb. 23. A deal would help revive the nation’s gas production, which contributes a large part of its export revenue and […]
Ecopetrol on General Shareholders’ Meeting
(Ecopetrol, 24.Feb.2023) — The Chief Executive Officer of Ecopetrol S.A. hereby summons all Shareholders to the ordinary Assembly of the General Shareholders’ Meeting to be held on Thursday, 30 March 2023, starting at 9 a.m., at the Centro Internacional de Negocios y Exposiciones (Corferias), located on Carrera 37 No. 24 – 67 in Bogota, D.C The Agenda for the meeting will be the Safety guidelines […]
Mandalay Resources Reveals 4Q:22, YE:22 Results
(Mandalay, 24.Feb.2023) — Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) announced its financial results for the fourth quarter and year ended December 31, 2022. The company’s audited consolidated financial results for the year ended December 31, 2022, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed […]
Majors Capex Guidance Update
(Energy Analytics Institute, 23.Feb.2023) — “Despite bumper profits, the peer group is guiding towards $118bn in total investment in 2023, up just 4% on last year. This reflects the priorities of capital discipline, targeted investment in the best projects and shareholder returns – the group collectively returned $117bn to investors […]
Petrobras on Tax Contingencies with RJ State
(Petrobras, 23.Feb.2023) — Petrobras, in clarification to the pieces of news disclosed in the media, reiterates its commitment to tax compliance as a pillar of its recently approved Tax Policy, as informed to the market on 26 January 2023, and highlights the collection it has generated in favor of the […]
![Eni: 4Q:22 and YE:22 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2021/07/eni-logo.jpg){kind=logo}
Eni: 4Q:22 and YE:22 Results [PDF Downloads]
(Eni, 23.Feb.2023) — Eni‘s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2022. Eni CEO Claudio Descalzi said: “In 2022, Eni was not only engaged in progressing its sustainable energy transition goals, but also in ensuring […]
TotalEnergies Inks Renewable PPAs with Sasol and Air Liquide
(TotalEnergies, 23.Feb.2023) — TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20 years. TotalEnergies will develop a 120 MW solar plant and a 140 MW windfarm in the […]
EAI’s NRGBriefs: Feb. 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; earnings updates and webcasts from Pemex, Noble Corporation, bp, Repsol and TotalEnergies; Venezuela reactivates first drilling rig, the PDVEN-778, in […]
How the Russia-Ukraine War is Changing Energy Markets
(WoodMac, 23.Feb.2023) — Ukraine’s battle is existential. The country has suffered a year of lost lives, its people forced to live each day in perpetual fear and witness the destruction of homes, communities and infrastructure. Millions have fled the country. Russia’s war has had a huge impact outside Ukraine, too, […]
Cheniere Partners Reports 4Q:22 and YE:22 Results
(Cheniere, 23.Feb.2023) — Cheniere Energy Partners, L.P. (NYSE American: CQP) announced its financial results for fourth quarter and full year 2022. HIGHLIGHTS For the three and twelve months ended December 31, 2022, Cheniere Partners generated revenues of $4.7 billion and $17.2 billion, respectively, net income of $2.5 billion and $2.5 […]
Cheniere Initiates Permitting Process to Expand LNG Export Capacity at Sabine Pass
(Cheniere, 23.Feb.2023) — Cheniere Energy Partners, L.P. (NYSE American: CQP), a subsidiary of Cheniere Energy, Inc. (NYSE American: LNG), announced that certain of its subsidiaries have initiated the pre-filing review process under the National Environmental Policy Act with the Federal Energy Regulatory Commission (“FERC”) for the proposed Sabine Pass Stage […]
Gulfstream LNG Begins Advances Project Development
(Gulfstream LNG Development, 22.Feb.2023) — Gulfstream LNG Development, LLC, a recently launched mid-sized greenfield LNG export project, announced that it has filed an application to the United States Department of Energy (DOE) seeking authorization to export up to four million tonnes per annum (MTPA) of liquefied natural gas (LNG) to […]
Frontera Announces 2022 Year End Reserves
(Frontera, 22.Feb.2023 — Frontera Energy Corporation (TSX: FEC) today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (“D&M“). All dollar amounts in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted. All of the company’s booked reserves for the year […]
Ecopetrol to Host 4Q:22 and Year End Webcast
(Ecopetrol, 22.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, 28 February 2023, after market close, it will release its financial and operating results for the fourth quarter and full year 2022. On Wednesday, 1 March 2023, Ecopetrol’s senior management will host two conference calls to review the results, one in Spanish […]
Chevron Inks MOU with Egypt on Methane Management
(Chevron, 21.Feb.2023) — Chevron New Ventures PTE. LTD. and the Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) signed a memorandum of understanding (MoU) to share best practices and expertise related to the reduction of methane emissions. The MoU, witnessed by Clay Neff, president of Chevron International Exploration and Production […]
Freeport LNG to start operations at its LNG plant in south Texas
HOUSTON, TEXAS (Energy Analytics Institute, Ian Silverman, 21.Feb.2023, Words: 269) — Freeport LNG Development, L.P. has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility. Today’s authorization provides for the immediate full return to service of 1 liquefaction train, that has already restarted, […]
INEOS Makes Major $1.4bn Acquisition of US Onshore Assets
(INEOS, 21.Feb.2023) — INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4bn. Highlights: The world is critically dependent upon oil and gas as a […]
TechnipFMC Awarded Contract by TotalEnergies EP Angola
(TechnipFMC, 20.Feb.2023) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. The contract covers the engineering, procurement, and supply of flowlines and connectors […]
QatarEnergy Assumes Activities Managed by Qatargas
(QatarEnergy, 20.Feb.2023) — QatarEnergy will be taking over all the marketing and related activities currently managed by Qatargas Operating Company Limited. The integration of such activities into QatarEnergy is expected to be completed by the end of 2023. The strengthened alignment of LNG marketing activities within QatarEnergy will leverage a […]
Biden Visits Kyiv to Reaffirm US Commitment to Ukraine
(Energy Analytics Institute, 20.Feb.2023) — Today, President Biden is in Kyiv to reaffirm America’s unwavering commitment to Ukraine’s democracy, sovereignty, and territorial integrity, The White House announced 20 Feb. 2023 in a Twitter post. The United States of America will stand with the Ukrainian people for as long as it […]
Port of Corpus Christi Eyes Integrated Regional Clean Hydrogen Hub
(Port of Corpus Christi, 14.Feb.2023) — The US Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged both the Port of Corpus Christi Horizons Clean Hydrogen Hub (HCH2) and Trans Permian (Trans Permian) H2Hub to submit full applications through the DOE Regional Clean Hydrogen Hubs Program. Today, the Port of […]
Noble on Persons Discharging Responsibilities
(Noble, 17.Feb.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) announces a correcting of the announcement of 3 October 2022 regarding transactions made by persons discharging managerial responsibilities. In the announcement of 3 October 2022, it was stated that Blake A. Denton and Joey M. Kawaja exchanged 3,076 shares of […]
Shell Starts Production at Vito in US GOM
(Shell, 16.Feb.2023) — Shell Offshore Inc., a subsidiary of Shell plc, announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform […]
Aker Horizons ASA: 4Q:22 Results
(Aker, 16.Feb.2023) — Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022. Aker Horizons’ net asset value stood at NOK 15.1bn in the fourth quarter. The company had a cash position of NOK 4.1bn and an undrawn credit facility of EUR 500 million, giving […]
![Repsol Reports Net Income of €4.3bn in 2022 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/spain-petrol-station-source-repsol.png)
Repsol Reports Net Income of €4.3bn in 2022 [PDF Downloads]
(Repsol, 16.Feb.2023) — Repsol obtained a net income of €4.251bn in 2022, a year marked by uncertainty, volatility, and complex market dynamics due to the invasion of Ukraine. In 2022, Repsol invested €4.182bn to advance its transformation, 40% more than the previous year, mainly in the Iberian Peninsula and the […]
Entergy Reports Initiates 2023 Earnings Guidance
(Entergy, 16.Feb.2023) — Entergy Corporation (NYSE: ETR) reported fourth quarter 2022 earnings per share of 51 cents on an as-reported and adjusted basis (non-GAAP). For the full year, the company reported 2022 earnings per share of $5.37 on an as-reported basis and $6.42 on an adjusted basis. “We finished 2022 strong and delivered meaningful outcomes for our […]
Xodus Unveils Offshore Bird Portal to Benefit Energy Industry
(Xodus, 16.Feb.2023) — Global energy consultancy Xodus has developed a new not-for-profit portal which will support the industry in tracking birds utilising offshore platforms in the United Kingdom Continental Shelf (UKCS). The Offshore Bird Portal (OBP) is a digital data repository which will encourage the long-term collation of relevant geographic […]
East Palestine Update, Community, Environmental Monitoring
(Norfolk Southern, 16.Feb.2023) — Norfolk Southern Corporation (NYSE: NSC) provided an update on environmental monitoring and community assistance for the Village of East Palestine, Ohio. To date, Norfolk Southern has: Completed nearly 500 in-home air tests in conjunction with the U.S. EPA and other governmental agencies. In-home air monitoring has not detected substances […]
Costa Group Works Toward Decarbonisation of Cruise Industry
(Proman and Costa Group, 16.Feb.2023) — Costa Group, part of Carnival Corporation and Europe’s leading cruise operator with its two brands Costa Cruises and AIDA Cruises, and the leading methanol producer, Proman, have signed an MOU to drive further the implementation of methanol as a marine fuel for the cruise industry. The […]
Newpark Resources Reports 4Q:22 Results
(Newpark Resources, 16.Feb.2023) — Newpark Resources, Inc. (NYSE: NR) announced results for its fourth quarter ended 31 December 2022. Total revenues for the fourth quarter of 2022 were $225.2mn compared to $219.9mn for the third quarter of 2022 and $179.6mn for the fourth quarter of 2021. Net income for the fourth quarter of 2022 was $9.0mn, or $0.10 per diluted […]
High Quality Oil and Gas Supplies are Scarce, WoodMac Says
(WoodMac, 16.Feb.2023) — The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie. Wood Mackenzie’s analysis […]
![Shell LNG 2023 Outlook [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/uk-lng-outlook-2023-source-shell.png)
Shell LNG 2023 Outlook [PDF Downloads]
(Shell, 16.Feb.2023) — Europe’s increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023. ____________________
Frontera Provides Notice of 4Q:22 Financial Results, Conference Call
(Frontera, 15.Feb.2023) — Frontera Energy Corporation (TSX: FEC) announced that its fourth quarter 2022 results will be released after markets close on Wednesday, 1 March 2023. A conference call for investors and analysts will be held on Thursday, 2 March 2023, at 1 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of […]
Gold Fields’ Operational Performance FY:22
(Gold Fields, 15.Feb.2023) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) has met production and cost guidance for FY 2022. FY 2022 operational performance Attributable gold equivalent production for FY 2022 is expected to be 2,399koz, a 3% increase YoY (FY 2021: 2,340koz), exceeding the guidance range (upgraded in August 2022) of […]
Lithium South on High-Grade Results at Hole AS02
(Lithium South, 14.Feb.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) provided results from the ongoing drill campaign at the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina. The company is reporting partial results from hole AS02, which has been completed to a depth of […]
Golden Arrow Commences New Diamond Drilling in Chile
(Golden Arrow, 14.Feb.2023) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) announced a new diamond drilling program has commenced at the company’s flagship San Pietro Iron-Copper-Gold-Cobalt Project in Chile. The 2,650-metre, 7-hole program is the first stage of up to 20,000 metres of drilling budgeted for the year to advance at […]
Sempra to Develop NatGas Transportation Infrastructure in Mexico
(Sempra, 14.Feb.2023) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), Mexico’s Federal Electricity Commission (Comisión Federal de Electricidad, CFE), and Carso Energy, a subsidiary of Grupo Carso, announced today a Memorandum of Understanding (MOU) to advance a potential strategic alliance for the joint development of natural gas […]
Mantaro Announces Private Placement
(Mantaro, 13.Feb.2023) — Mantaro Precious Metals Corp. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) announced a non-brokered private placement of up to 7,000,000 units (each a “Unit”) at a price of $0.05 per Unit for gross proceeds of up to $350,000. Each Unit will consist of one common share of the company (each a “Share”) and one […]
![ENARGAS Releases September 2022 Gas Panorama [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/arg-sep-2022-gas-panorama-source-enargas.png)
ENARGAS Releases September 2022 Gas Panorama [PDF Download]
(Energy Analytics Institute, 13.Feb.2023) — ENARGAS announced that Argentina’s gross natural gas production is mainly concentrated in four operators: YPF, Total Austral, Tecpetrol and Pan American Energy (PAE), which in September 2022 produced 75.94% of total gross production. ____________________ By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.
Borr Drilling Reveals New Contract, Extensions
(Borr, 13.Feb.2023) — Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has been awarded a new contract and two extensions for its premium jack-up drilling rigs “Ran”, “Gerd” and “Natt”. These awards increase the company’s firm backlog by approximately 625 days, excluding unexercised optional periods. The premium jack-up drilling rig “Ran” has […]