Energy Analytics Institute (EAI)

Marathon Oil Reports 1Q:22 Net Income of $1.3bn

(Marathon, 4.May.2022) — Marathon Oil Corporation (NYSE:MRO) reported first quarter 2022 net income of $1,304mn, or $1.78 per diluted share, which includes the impact of certain items not […]

Talos, Carbonvert and Chevron Propose JV to Enhance a CCS Project

(Talos, 3.May.2022) — Talos Energy Inc. (NYSE: TALO), through its Talos Low Carbon Solutions division, Carbonvert, Inc. and Chevron U.S.A., Inc., through its Chevron New […]

Livent Reports 1Q:22 Revenue of $143.5mn

(Livent Corporation, 3.May.2022) — Livent Corporation (NYSE: LTHM) reported results for the first quarter of 2022. Revenue was $143.5mn, up 17% from the fourth quarter of 2021 […]

Iranian Oil Minister Meets Venezuela’s President Maduro in Caracas

(AFP, 3.May.2022) — Iran’s oil minister has paid an official visit to ally Venezuela to meet President Nicolas Maduro and discuss ways to “overcome” the […]

TTNGL Releases 2021 Annual Report

(TTNGL, 3.May.2022) — ‘Successful, Steadfast, Secure’ is a fitting theme for the TTNGL Annual Report 2021 as the Company’s financial performance reflect a major uplift […]

Frontera Reports 1Q:22 Net Income of $102.2mn

(Frontera, 3.May.2022) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended 31 March 2022. All financial amounts in this […]

ESC Partners and ENCO Utility Services Join Forces

(ESC Partners, 3.May.2022) — ESC Partners, premier choice for collaborative Smart City and Utility Transformation projects, is excited to announce its strategic partnership with ENCO Utility […]

Ecopetrol to Release 1Q:22 Results, Hold Quarterly Calls

(Ecopetrol, 3.May.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that on Tuesday 10 May 2022, after market close, it will release its financial and operating results for […]

Venezuela and Iran to Deepen Oil and Defense Ties

(Energy Analytics Institute, 2.May.2022) — Venezuela’s Oil Minister Tareck El Aissami held a working meeting in Caracas with his Iranian counterpart Javad Owji to discuss […]

Dell Technologies Solar Community Hubs Bring Technology to Remote Communities

(Dell Technologies,2.May.2022) — Dell Technologies (NYSE:Dell), in partnership with Computer Aid, Intel and Microsoft, announced its Solar Community Hubs strategy, marking an evolution in its established Solar Learning Labs program. […]

NRGBriefs: FMC LatAm Sales; Rig Mobilized in Suriname

(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 “driven by robust volume growth in soybean, corn […]

Argentina Lithium Delineates Potential Extent of Aquifers at Rincon West

(Argentina Lithium, 2.May.2022) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) announces the completion of geophysical surveys at its Rincon West lithium […]

Livent to Double its Ownership Stake in Nemaska Lithium to 50%

(Livent Corp., 2.May.2022) — Livent Corporation (NYSE: LTHM) announced that it has agreed to double its ownership interest to 50% in Nemaska Lithium Inc., a fully […]

FMC Corp. Reports 1Q:22 Results, 31% Y-O-Y Rise in LatAm Sales

(FMC Corp., 2.May.2022) — FMC Corporation (NYSE: FMC) reported first quarter 2022 revenue of $1.35bn, an increase of 13 percent versus first quarter 2021, driven by strong demand […]

Astra Drills Multiple Gold Intercepts at Pampa Paciencia Project, Chile

(Astra Exploration, 2.May.2022) — Astra Exploration Inc. (TSXV: ASTR) provided results from the first 11 of 30 completed drill holes at the Pampa Paciencia gold-silver project […]

Agnico Eagle Reveals Acceptance by TSX of Normal Course Issuer Bid

(Agnico Eagle Mines Limited, 2.May.2022) — Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) received approval from the Toronto Stock Exchange (the “TSX”) of Agnico Eagle’s notice […]

Avino Grants Option to Endurance Gold to Acquire Olympic Claims

(Avino Silver, 2.May.2022) — Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) announced that in line with its strategic plans to become […]

Noble Reports 1Q:22 Results, Revenue Backlog of Approximately $1.9bn

(Noble, 2.May.2022) — Noble Corporation (NYSE: NE) reported first quarter 2022 results. Robert W. Eifler, President and Chief Executive Officer of Noble Corporation, stated “Our strong operational […]

Guyana Aims to Avoid Oil Curse by Spending on Health and Education

(FT.com, 2.May.2022) —The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country […]

Coterra Energy Reports 1Q:22 Results, Announces Quarterly Dividend

(Coterra, 2.May.2022) Coterra Energy Inc. (NYSE: CTRA) reported first-quarter 2022 financial and operating results. On October 1, 2021, Coterra announced that the merger involving the company, which was formerly […]

TechnipFMC adds additional contract for Yellowtail development

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2022) — TechnipFMC has been awarded an additional contract and received notice to proceed by ExxonMobil affiliate […]

Petrobras Starts Production from FPSO Guanabara in the Mero Field

(Petrobras, 2.May.2022) — Petrobras informs that, on 30 April 2022, it started producing oil and natural gas through FPSO Guanabara, the first definitive production system […]

New Gold Reports 1Q:22 Results

(New Gold, 2.May.2022) New Gold Inc. (TSX: NGD) (NYSE: NGD) reports first quarter results for the company as of 31 March 2022. The company will host a conference […]

Libra Consortium Starts Production at Mero Field’s FPSO Guanabara

(Shell Brasil, 2.May.2022) — Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, announces the start of production of the FPSO Guanabara in the Mero […]

Hunt Oil on Solicitation for its 6.375% Senior Notes

(Hunt Oil, 2.May.2022) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) received the consents necessary to effect the Amendments to the indenture […]

Ecopetrol on Divestment of Inversiones de Gases de Colombia S.A.

(Ecopetrol, 2.May.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) reports that in the board meeting held on 29 April 2022, the board of directors authorized the divestment […]

Maersk Drilling Awarded Additional Three-well Contract with Aker BP

(Maersk Drilling, 2.May.2022) — Maersk Drilling secured a contract with Aker BP, on behalf of the Ivar Aasen license, who will employ the ultra-harsh environment […]

Venezuelan Workers Celebrate May Day with President Maduro

(Energy Analytics Institute, 1.May.2022) — Venezuelan workers from across various sectors together with workers from the still important petroleum sector marched to Miraflores Presidential Palace […]

NRGBriefs: May Day Celebrations, No Expropriations Expected

(Energy Analytics Institute, 1.May.2022) — Energy briefs including Trinidad and Tobago’s Prime Minister Keith Rowley and Minister of Energy and Energy Industries Stuart Young visiting […]

ConocoPhillips Announces Executive Leadership Changes

(ConocoPhillips, 2.May.2022) — ConocoPhillips (NYSE: COP) announced that Tim Leach, previously executive vice president, Lower 48, has become advisor to the chief executive officer, effective […]

Mexico Opposition Party Pitches Free Solar Panels for Housing

(Reuters, 1.May.2022) — Mexico’s biggest opposition party on Sunday proposed installing solar panels for free onto residential housing, staking out its renewable energy credentials as […]

NRGBriefs: Guyana’s GDP Growth

(Energy Analytics Institute, 30.Apr.2022) — Energy briefs including rising production and robust oil prices to aid Guyana’s gross domestic product growth in coming years. LATIN […]

Brazil Chemical Maker Unigel Interested in Petrobras’ Fertilizer Project

(Reuters, 29.Apr.2022) — Brazilian chemical maker Unigel is interested in purchasing a fertilizer project from Brazilian state-run oil company Petrobras in the state of Mato […]

Terna Sells LatAm Transmission Activities to CDPQ for Over €265mn

(Caisse de dépôt et placement du Québec, 29.Apr.2022) — Terna S.p.A., Terna Plus S.r.l. and Terna Chile S.p.A. (collectively “Terna Group”) today signed an agreement […]

Colombia’s ANH Imposes $4,550 Sanction on Ecopetrol

(Ecopetrol, 29.Apr.2022) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) it received notification in the Resolution No. 315 of 26 April 2022 that it was being sanctioned […]

Chevron Reports 1Q:22 Results, Ups Guidance for Permian Basin

(Chevron, 29.Apr.2022) — Chevron Corporation (NYSE: CVX) reported earnings of $6.3bn ($3.22 per share – diluted) for first quarter 2022, compared with $1.4bn ($0.72 per […]

Vaca Muerta Drilling Slated for Argentina’s Mata Mora Norte Area

(Energy Analytics Institute, 29.Apr.2022) — Argentina’s Ministry of Energy and Natural Resources for the Province of Neuquén visited with Phoenix Global Resources together with Gas […]

Agnico Eagle Reveals Election of Directors

(Agnico Eagle Mines Limited, 29.Apr.2022) — Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) announced that, at the annual and special meeting of shareholders held on 29April 2022, each […]

FACT BOX: Why it’s necessary to upgrade Venezuela’s heavy oils

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 29.Apr.2022, Words: 108) — The purpose for upgrading Venezuela’s heavy and extra-heavy crude oil (EHCO) is […]

Sempra Releases 2021 Corporate Sustainability Report

(Sempra, 29.Apr.2022) — Sempra (NYSE: SRE) (BMV: SRE) released its 2021 Corporate Sustainability Report highlighting the company’s sustainable business practices in support of its five-year, $36bn capital plan to […]

Petrobras Increases Natural Gas Prices to Distributors by 19%

(Reuters, 29.Apr.2022) — Brazil’s state-run oil company Petrobras said on Friday it will increase natural prices for distributors in the country by an average 19% […]

Bristow to Buy British International Helicopter Services Limited

(Bristow, 29.Apr.2022) — Bristow Group Inc. (NYSE:VTOL) announced its plans to acquire British International Helicopter Services Limited (BIH), further enhancing its leading global Government Services […]

Subsea 7 Awarded Contract Offshore West Africa

(Subsea 7, 29.Apr.2022) — Subsea 7 announced the award of a substantial(1) contract for the engineering, procurement, installation, and commissioning of flowlines and umbilicals, offshore West […]

NRGBriefs: Exxon exits Sakhalin-1; LyondellBasell on seasonal demand

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Apr.2022, Words: 451) — Energy briefs including Exxon discontinuing operations at the Sakhalin-1 venture; and LyondellBasell Industries (NYSE: LYB) […]

Exxon Mobil CEO Darren Woods on 1Q:22 Results – Earnings Transcript

(Seeking Alpha, 29.Apr.2022) — Exxon Mobil Corporation (NYSE:XOM) Q1 2022 Earnings Conference Call 29 April 2022 9:30 AM ET. Company Participants Jennifer Driscoll – VP […]

Exxon Releases 1Q:22 Earnings Overview [PDF Downloads]

(Exxon, 29.Apr.2022) — ExxonMobil announced that it earned $5.5bn in first quarter 2022; generated $14.8bn of cash flow from operating activities, more than covering capital […]

Maersk Drilling Awarded One-well Extension in the Dutch North Sea

(Maersk Drilling, 29.Apr.2022) — ONE-Dyas B.V. exercised an option to continue employing the harsh environment jack-up Maersk Resolute in the Dutch sector of the North […]

SilverCrest’s Las Chispas Construction Update – Commissioning for 2Q:22

(SilverCrest Metals, 29.Apr.2022) — SilverCrest Metals Inc. provided an update on construction activities at the company’s Las Chispas Project located in Sonora, Mexico. All currency amounts […]

Aker Horizons ASA: 1Q:22 Results

(Aker Horizons, 29.Apr.2022) — Aker Horizons ASA (OSE: “AKH”), a developer of green industrial projects and technologies that accelerate the net zero transition, today announced […]

Yes Energy Announces Significant Investment from Accel-KKR

(Yes Energy,m 28.Apr.2022) — Yes Energy, a leader in North American energy market data, today announced a significant investment from Accel-KKR, a leading technology-focused, private equity firm. […]