Energy Analytics Institute (EAI)

Exxon Ban on LGBTQ Pride Flag Triggers Employee Backlash

(Bloomberg, 22.Apr.2022) — Exxon Mobil Corp. plans to prohibit the LGBTQ-rights flag from being flown on the corporate flagpole outside its offices during Pride month […]

Greenfield Offers Energy Decommissioning for the Rocky Mountains

(Greenfield, 22.Apr.2022) — Greenfield Environmental Solutions, a decommissioning services provider for the energy sector, announced today the commencement of plugging and abandonment (“P&A”) operations in […]

EAI brief analysis: Venezuela’s Faja contains 1,360 billion barrels of OOIP

CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 22.Apr.2022, Words: 130) — Venezuela is home to the Hugo Chávez Orinoco Heavy Oil Belt, also known […]

Third Coast Announces First Oil From the King’s Quay Floating Production System

(Third Coast, 22.Apr.2022) — Third Coast Super Holdings, LLC announced that the King’s Quay Floating Production System achieved first oil from the Khaleesi, Mormont and Samurai fields […]

NRGBriefs: Mexico’s Preliminary March 2022 Production Details

(Energy Analytics Institute, 22.Apr.2022) — Energy briefs including preliminary production figures from Mexico for March 2022 including 1.625 MMb/d of oil, according to the National […]

Trinidad’s PM Issues Statement on the Status of Interception by the State

(Office of the PM of Trinidad and Tobago, 22.Apr.2022) — Trinidad and Tobago’s Prime Minister Keith Rowley issued a statement on the status of interception […]

Colombia Judge Orders Suspension of Fracking Pilot Project

(Reuters, 21.Apr.2022) — A judge in the Colombian city of Barrancabermeja on Thursday suspended an environmental license granted to a hydraulic fracturing – or fracking […]

CEMEX Supplies Low-carbon Vertua® Concrete for New San Diego State University Stadium

(CEMEX, 21.Apr.2022) — CEMEX USA is supporting the construction of San Diego State University‘s (SDSU) new Snapdragon Stadium, supplying the company’s low-carbon concrete, Vertua®, and other sustainable mixes […]

Wood Mackenzie Foresees Slow Production Recovery in Venezuela

(Energy Analytics Institute, 21.Apr.2022) — Venezuela’s oil production is expected to gradually rise to as much as 1. 3 million barrels per day by 2028, […]

Ecopetrol to Appeal Suspension of ‘Fracking’ Project in Puerto Wilches, Santander

(Infobae, 21.Apr.2022) — After the Barrancabermeja First Court notified Ecopetrol of the suspension of the Kalé and Platero fracking pilot projects, which were to be […]

NRGBriefs: BHP Barbados farm-out; YPF on Form 20-F; Chevron Venezuela

HOUSTON, TEXAS (Energy Analytics Institute, 21.Apr.2022, Words: 959) — Energy briefs including Vista Oil & Gas, S.A.B. de C.V. planning to have an extraordinary shareholders’ […]

US Oil Services Firms Join Push for Revamped Venezuela License

(Reuters, 21.Apr.2022) — Some U.S. oilfield firms whose Venezuelan operations were frozen by sanctions are joining an appeal to Washington for authorizations to restart oil […]

UN Top Court Raps Colombia Over Sea Row with Nicaragua

(France24, 21.Apr.2022) — The United Nations‘ top court on Thursday ordered the Colombian navy to stop interfering in Nicaraguan waters, ruling on a longstanding legal […]

How the Energy Transition can Reduce the Risk of Future Shocks

(WoodMac, 21.Apr.2022) — The crisis caused by Russia’s invasion of Ukraine has highlighted the challenges for energy supplies as the world moves to tackle the […]

Petrobras Concludes Sale of E&P Assets in the Paraná Basin

(Petrobras, 20.Apr.2022) — Petrobras, following up on the release disclosed on 12/20/2021 and 12/30/2021, informs that it has today concluded the sale to the company […]

Budweiser Launches The Energy Collective

(Budweiser, 20.Apr.2022) — Budweiser, an AB InBev global brand, today unveiled the global launch of The Energy Collective to help provide renewable electricity to bars, music […]

EPE Publishes April 2022 Brazil’s Short-Term Fuel Market Outlook

(EPE, 20.Apr.2022) — Brazilian liquid fuel market continued its strong performance at the beginning of 2022 with an increase of 1.1% in January and February […]

SBM Offshore Reveals Prosperity FPSO Module TS032 Lifting

(Energy Analytics Institute, 20.Apr.2022) — SBM Offshore revealed the first series of the topsides module lifting for the 220,000 barrel per day (b/d) capacity Prosperity […]

LNG Exports Continue to Lead Growth in US Natural Gas Exports

(EIA, 20.Apr.2022) — Since the United States began exporting more natural gas than it imports on an annual basis in 2017, natural gas exports both by […]

CNOOC Limited Successfully Listed on the A-Share Market

(CNOOC, 20.Apr.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced that the company was officially listed on the A-share market, which marked the company’s success in […]

Mexican Lawmakers Pass Lithium Nationalization Plan

(AFP, 20.Apr.2022) — Mexican lawmakers on Tuesday approved a plan to nationalize the exploration and mining of lithium, a vital material in the production of […]

Atlas Leaps Into Wind Power with Newest Customer Enel Generación Chile S.A.

(Atlas, 20.Apr.2022) — Atlas Renewable Energy marks a new milestone with the development of its first wind power project with a long-term power purchase agreement […]

Braskem to Participate at RAPID + TCT 2022 Conference

(Braskem, 20.Apr.2022) — Braskem (B3: BRKM3, BRKM5, and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces its upcoming presence at Rapid + TCT, North America’s largest Additive Manufacturing conference, being held at […]

Day 1 of AAPG ICE Highlights: Staatsolie Executive Angéle Ramsaransing – Karg

(Energy Analytics Institute, 19.Apr.2022) — Highlights from Staatsolie Executive Angéle Ramsaransing – Karg during her presentation in Cartagena, Colombia on day 1 of the AAPG […]

INOXCVA Awarded Contract for MiniLNG Terminal for Caribbean LNG in Antigua

(INOXCVA, 19.Apr.2022) — Indian multinational and a manufacturer of cryogenic equipment and solutions provider, INOXCVA has been awarded a contract by Caribbean LNG Inc. for […]

Press Conference Offered by Prime Minister of The Republic of the Congo

(Republic of Congo, 19.Apr.2022) — In the wake of successful meetings in London and Paris, including meetings in The Republic of the Congo’s capital Brazzaville, where His Excellency Prime […]

NRGBriefs: Argentina Extends Austral Basin Concession for Ten Years

(Energy Analytics Institute, 19.Apr.2022) — Energy briefs including Argentina’s government issuing Decree 195/2022 to extend a hydrocarbon exploitation concession in the offshore Austral Basin granted […]

Holcim US Transitions Illinois Facility to Low-Carbon Portland Limestone Cement

(Holcim, 19.Apr.2022) — Following its recent rebrand and continuing its commitment to building progress for people and the planet, Holcim US announced that its Lafarge […]

Magna Gold Reveals Completion of Debt Settlement with PEAL de Mexico S.A. de C.V.

(Magna Gold, 19.Apr.2022) — Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) issued an aggregate of 1,660,132 common shares in the capital of the company at a […]

Day 1 of AAPG ICE Highlights: ANP Substitute Director Marina Abelha

(Energy Analytics Institute, 19.Apr.2022) — Highlights from ANP Brazil Substitute Director Marina Abelha during her presentation in Cartagena, Colombia on day 1 of the AAPG […]

Arrow Exploration Says RCE-2 Well Logs 80ft of Net Pay

(Arrow Exploration, 19.Apr.2022) — Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) announced a further update on the Rio Cravo Este-2 well (“RCE-2 well”) on the […]

Day 1 of AAPG ICE: ANH Head Armando Zamora

(Energy Analytics Institute, 19.Apr.2022) — Highlights from ANH Colombia head Armando Zamora during his presentation in Cartagena, Colombia on day 1 of the AAPG International […]

Guyana Eyes 800,000 B/d of Production by 2025: VP Bharrat Jagdeo Reiterates

(Energy Analytics Institute, 19.Apr.2022) — Guyana is still looking to produce 800,000 barrels per day by 2025, the country’s Vice President Bharrat Jagdeo told Bloomberg […]

Petrobras Confirms Details Around Atapu Compensation

(Petrobras, 19.Apr.2022) — Petrobras, following up on the release disclosed on 13 April 2022, informs that, contractually, TotalEnergies EP Brasil Ltda. – TotalEnergies may make […]

Halliburton Announces 1Q:22 Results [PDF Download]

(Halliburton, 19.Apr.2022) — Halliburton Company (NYSE: HAL) announced net income of $263mn, or $0.29 per diluted share, for the first quarter of 2022. This compares […]

PHX Minerals Inc. Announces Acquisition in the Haynesville

(PHX Minerals, 19.Apr.2022) — PHX Minerals Inc. (NYSE: PHX) announced a mineral and royalty acquisition targeting the Haynesville play in East Texas and Louisiana. PHX has agreed to acquire approximately 506 […]

Atlanta Gas Light Reveals Expansion of LNG Facility in Cherokee County

(Atlanta Gas Light, 19.Apr.2022) — Atlanta Gas Light announced the expansion of its liquified natural gas (LNG) facility in Cherokee County. The project will double the […]

Petrobras to Release 1Q:22 Report, Host Results Call

(Petrobras, 19.Apr.2022) — Petrobras will release its 1Q22 Production and Sales Report on 27 April 2022 and its 1Q22 Financial Performance Report on 5 May […]

NRGBriefs: Mexico Approves Mining Reform; Argentine Inflation Around 6.7%

(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Mexico’s Chamber of Deputies approving the Mining Law reform, which reserves exploration, exploitation and use of lithium […]

PetroChina Continues with Positive Momentum in 1Q:22

(PetroChina, 29.Apr.2022) — PetroChina Company Limited (HKSE: 00857; NYSE: PTR; SSE: 601857) announced that in the first quarter of 2022, the company placed stable development […]

Oil Gains as Libya Shuts Its Largest Oil Field Amid Protests

(Bloomberg, 18.Apr.2022) — Oil rose as the shutdown of Libya’s biggest oil field strains an already under-supplied market, overshadowing signals that China’s drastic pandemic lockdowns […]

Luminex Acquires the Chalapo Concessions from Codelco in Ecuador

(Luminex Resources, 18.Apr.2022) — Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) signed a binding agreement with Corporación Nacional del Cobre de Chile (Codelco) to acquire its 100% owned Chalapo […]

Hunt Oil Co. of Peru Announces Consent Solicitation for Its 6.375% Notes

(Hunt Oil, 18.Apr.2022) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) commenced a consent solicitation with respect to its 6.375% Trust Enhanced […]

Encore Energy Provides Update on Rosita Uranium Plant

(encore, 18.Apr.2022) — enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) announced the refurbishment of its 100% owned Rosita In-Situ Recovery (ISR) Uranium Processing Plant is presently […]

Petrobras Starts Binding Phase of E&P Assets in the Gulf of Mexico

(Petrobras, 18.Apr.2022) — Petrobras, following up on the release disclosed on 16 February 2022, informs it started the binding phase regarding the sale of the […]

Santos Reveals Pikka FID and Net-zero Project Plans

(Santos, 17.Apr.2022) — Santos Ltd., as operator of the Pikka Unit joint venture, today announced a final investment decision (FID) has been taken to proceed […]

Protest Forces Libya’s National Oil Firm to Close Al-Fil Field

(Al Jazeera, 17.Apr.2022) — Libya’s National Oil Corporation (NOC) has announced the suspension of production at a major oil field in the country’s south, declaring […]

Guzmán Says YPF’s Recuperation “Was an Act of Sovereignty”

(Energy Analytics Institute, 16.Apr.2022) — The recovery of Argentina’s state oil giant YPF some 10 years ago was an act of sovereignty that changed the […]

Pemex Says Fire under Control at Salina Cruz Refinery

(Reuters, 16.Apr.2022) — Mexican state oil company Pemex said on Saturday that it had brought under control a fire at its Salina Cruz refinery in […]

Mexico’s Electricity Reform Draws Opposition from Investors, US

(The Washington Post, 16.Apr.2022) — Mexico’s congress will decide on Sunday whether to give the government near-total control over the country’s electricity sector in what […]