(Reuters, 28.Oct.2021) — Guyana plans to meet an unprecedented growth expected in its power demand by building a new gas-fueled plant and expanding its hydropower […]
Pemex Back In Red Despite Oil Production Uptick
(Reuters, 28.Oct.2021) — Higher tax payments and foreign exchange losses pushed Mexico’s Petroleos Mexicanos back into the red in the third quarter, even as crude […]
Pemex Releases 3Q:21 Results [PDF Downloads]
(Pemex, 28.Oct.2021) — For the fourth quarter in a row, crude oil production increased and recorded 1,752 Mbd without partners’ production. This increase as compared […]
ENAP Reports Profits of Ch$90bn as of 3Q:21
(ENAP, 28.Oct.2021) — Empresa Nacional del Petróleo (ENAP), achieved a profit of Ch$90bn (US$109.9mn) in the third quarter of this year, compared to a loss […]
Pemex Swings To $3.8bn Loss In Third Quarter
(Ft.com, 28.Oct.2021) — Mexico’s state oil company reported a 77.2bn peso ($3.8bn) loss in the third quarter of the year because of a higher tax burden and […]
Mexico Lowers Pemex Tax Burden
(S&P Global Platts, 28.Oct.2021) — The Mexican government has reduced the tax rate that state oil company Pemex will pay in 2022 to 40% from […]
Electrification, The Future Of Trinidad’s Car Industry
(Trinidad and Tobago Newsday, 28.Oct.2021) — There is no doubt that electrification is at the centre of the automotive industry’s future. Many automakers – including […]
Mexico’s Government To Assume Pemex’s Debt Payments
(Bloomberg, 28.Oct.2021) — Mexico President Andres Manuel Lopez Obrador, the great champion of his beloved but beleaguered state-owned oil giant, may be making his boldest […]
Mexico Moves To Re-Nationalize Energy Markets
(Forbes, 28.Oct.2021) — Recent moves by Mexico’s government targeting the country’s energy industry have led to increasing concerns that President Andrés Manuel López Obrador (AMLO) […]
NRGBriefs: Hess Says Liza Phase 2 On Track
(Energy Analytics Institute, 28.Oct.2021) — Energy briefs including Hess Corp. confirming that production from its Liza Phase 2 development in Guyana is on track to […]
Hess Updates On Guyana Activities
(Hess, 27.Oct.2021) — At the Stabroek Block (Hess – 30%), the corporation’s net production from the Liza Field was 32,000 bopd in the third quarter […]
TechnipFMC and Saipem to Unlock New Opportunities
(TechnipFMC, 27.Oct.2021) — TechnipFMC (NYSE: FTI) (PARIS: FTI) and Saipem (MILAN: SPM) entered into a global commercial agreement that will allow them to identify projects […]
NRGBriefs: Liza Unity FPSO Reaches Guyana
(Energy Analytics Institute, 27.Oct.2021) — Energy briefs including the Liza Unity FPSO reaching Guyana’s prolific Stabroek Block; liquefied petroleum gas (LPG) reaching approximately 12mn users […]
Alaska Air And AeroAvia to Develop Hydrogen Aircraft
(ZeroAvia, 26.Oct.2021) — ZeroAvia is gaining altitude as the leader in zero-emission passenger aircraft as it announces a development collaboration with Alaska Air Group, the parent company of […]
Exxon Backs The Global Methane Pledge
(Exxon, 26.Oct.2021) — In September, the U.S. and European Union announced a Global Methane Pledge to reduce methane emissions by 30% below 2020 levels by […]
Citgo Ex-President Suffers Mild Heart Attack In Venezuela Jail
(Reuters, 26.Oct.2021) — The former president of oil refiner Citgo, a U.S. subsidiary of Venezuelan oil company PDVSA, suffered a mild heart attack in prison […]
Ecopetrol Names New Corporate VP Of Strategy
(Ecopetrol, 26.Oct.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) reports that starting 1 November 2021, Nicolás Azcuénaga Ramírez has been appointed as the new Corporate Vice […]
Bolsonaro Says Petrobras Privatization Is ‘On Our Radar’ As Fuel Prices Rise
(Reuters, 25.Oct.2021) — Brazilian President Jair Bolsonaro reiterated that he is considering the privatization of state-run oil company Petrobras, boosting its shares along with news […]
NRGBriefs: Venezuelan Production Goals [PDF Download]
(Energy Analytics Institute, 25.Oct.2021) — Energy briefs including Venezuela’s near-term oil production goals; Petrobras’ plans to host two 3Q:21 webcasts using Microsoft Teams; B2Gold Corp. […]
Peru’s Castillo Urges Congress To Draft Bill To Nationalize Gas Sector
(Reuters, 25.Oct.2021) — Peru’s socialist president, Pedro Castillo, urged Congress on Monday to draft a bill for the “nationalization” of Peru’s natural gas sector, undoing […]
Prince Charles Addresses Saudi Green Initiative Forum
(FGH, 23.Oct.2021) — The UK’s Prince of Wales has addressed the Saudi Green Initiative Forum in Riyadh, highlighting the “dangerously narrow” window for green recovery […]
NRGBriefs: Colombia Eyes Net-zero Deforestation By 2030
(Energy Analytics Institute, 22.Oct.2021) — Energy briefs including Corporación Nacional del Cobre de Chile (Codelco) announcing final results of a previously announced offer to purchase […]
Atlas Gets ESG Social Award
(Atlas, 22.Oct.2021) — Atlas Renewable Energy has been awarded IJGlobal’s 2020 ESG Energy Deal of the Year (Americas) and ESG Social Award. The recognitions were […]
Citgo Boards In Last-ditch Talks With Washington
(Reuters, 22.Oct.2021) — The supervisory boards of Venezuela-owned Citgo Petroleum, racing to stave off a breakup of the eighth largest U.S. oil refiner, have held […]
Petrobras On Campos Basin Teaser
(Petrobras, 22.Oct.2021) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake (100%) in the Catuá Field, belonging to the BC-60 Exploratory Block, located in the Campos Basin, in the state of […]
Petrobras Expands On ANP Agreement
(Petrobras, 22.Oct.2021) — Petrobras informs that, on 14 October 2021, its Executive Board analyzed and approved the submission to the Board of Directors of a proposal to enter into […]
NextEra Energy Buys Interest In 2,520MW Portfolio
(NextEra Energy Partners, 22.Oct.2021) — NextEra Energy Partners, LP (NYSE: NEP) entered into an agreement with a subsidiary of NextEra Energy Resources, LLC to acquire […]
Guyana – One Of The World’s Last Oil And Gas Frontiers
(The Geological Society of Trinidad, 21.Oct.2021) — ExxonMobil recently announced that their recoverable oil and gas resources in Guyana had reached an unbelievable ten billion […]
NRGBriefs: Guyana Courts The UAE Or Vice Versa
(Energy Analytics Institute, 21.Oct.2021) — Energy briefs including details of Guyana’s President Irfaan Ali courting investors in the UAE; the repercussions in Caracas from the […]
Argentina Launches Third Tender To Boost Production
(Natural Gas Intelligence, 20.Oct.2021) — Argentina’s government has launched a natural gas tender to try to shore up domestic supply starting in the Southern Hemisphere […]
Capstone Green Reveals Cooling App For Llanogas
(Capstone, 20.Oct.2021) — Capstone Green Energy Corporation (NASDAQ:CGRN) announced that Supernova Energy Services, Capstone’s exclusive distributor for Colombia and Venezuela, secured an order for a […]
Bolsonaro’s Privatization Talk Masks Petrobras Struggles
(Bloomberg, 20.Oct.2021) — For all President Jair Bolsonaro’s recent talk of privatizing Brazil’s crown jewel, oil giant Petrobras has struggled even to unload a handful […]
Petrobras Highlights 3Q:21 Production And Sales [PDF Download]
(Petrobras, 20.Oct.2021) — In 3Q21, Petrobras continued to operate safely and with a solid performance, still with a differentiated regime and special protocols due to […]
Frontera To Host Webcast On Guyana-Suriname Basin
(Frontera, 20.Oct.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum Prospecting […]
GeoPark Accelerates Colombia Drilling Activity
(GeoPark, 19.Oct.2021) — GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended 30 September 2021 (3Q:21). Highlights Consolidated oil and gas […]
TGS, BGP, CGG Ink Deal With Staatsolie
(TGS, 19.Oct.2021) — TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a […]
Shell To Tap Major Gas Field Off Trinidad
(Argus, 19.Oct.2021) — Shell plans to sign a production-sharing contract (PSC) for the 2.7 Tcf Manatee offshore natural gas field in Trinidad and Tobago, a […]
Guyana Wants to Build a 135-Mile Undersea Gas Pipeline
(Bloomberg, 19.Oct.2021) — Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly […]
Aura Air To Provide BHP Smart Air Systems In Chile
(Aura Air, 19.Oct.2021) — Aura Air, the air purification company offering solutions that make air clean and safe, announced a partnership with global mining corporation […]
Petrobras Comments On Fuel Orders Fulfillment
(Petrobras, 18.Oct.2021) — Petrobras clarifies about pieces of news in the media regarding cuts in fuel orders fulfillment. As disclosed in the 2Q21 Production and […]
SK E&S Co. Invests In REV Renewables
(LS Power, 18.Oct.2021) — LS Power, a development, investment and operating company focused on the North American power and energy infrastructure sector, announced that SK […]
KBR Reveals Settlement Deal Between JKC And Ichthys LNG Client
(KBR, 15.Oct.2021) — KBR (NYSE: KBR) announced that JKC Australia LNG Pty Ltd, a joint venture in which KBR has a 30% ownership interest, has […]
NRGBriefs: Renewable Energy Ops In The Caribbean
(Energy Analytics Institute, 15.Oct.2021) — Energy briefs including details of four renewable energy-exporting opportunities in the Caribbean in Barbados, Jamaica, Trinidad and Tobago and Guyana; […]
Maersk Gets Contract Extension In Angola
(Maersk Drilling, 15.Oct.2021) — TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well […]
As Western Oil Giants Cut Production, NOCs Step Up
(New York Times, 14.Oct.2021) — After years of pumping more oil and gas, Western energy giants like BP, Royal Dutch Shell, Exxon Mobil and Chevron […]
Project Extension To Unlock Further 500MW Of Capacity
(NGET, 14.Oct.2021) — National Grid Electricity Transmission (NGET) is expanding the use of transformational power flow control technology – building on the successful installations of […]
Petrobras Divests Bahia Terra Cluster
(Petrobras, 14.Oct.2021) — Petrobras, regarding the pieces of news in the media about the sale of onshore production fields, located in the Recôncavo and Tucano […]
NRGBriefs: ANH Talks About Colombia’s Gas Potential
(Energy Analytics Institute, 14.Oct.2021) — Energy briefs including comments from a webcast hosted by the ACIPET spanning speakers such as ANH head Armando Zamora as […]
NRGBriefs: EP PetroEcuador Awards Export Deals
(Energy Analytics Institute, 13.Oct.2021) — Energy briefs including the IMF advising Argentina to lower its deficit and estimating Venezuela’s inflation at 2,700% this yr, Colombia’s […]
Staatsolie Inks Offshore PSC With Chevron
(Staatsolie, 13.Oct.2021) — By signing the Production Sharing Contract (PSC), Staatsolie grants Chevron rights for exploration, development and production in the offshore area, while Staatsolie […]