Energy Analytics Institute (EAI)

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 […]

Interruption In Gas Supply Behind TT Power Outages, TGU Says

(T&T Loop News, 23.Dec.2021) — Power outages experienced across the country on Wednesday were due to works by the National Gas Company (NGC). Intermittent outages […]

KBR Awarded Study to Support Green Hydrogen Growth in Trinidad and Tobago

(KBR, 22.Dec.2021) — KBR (NYSE: KBR) has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of […]

NRGBriefs: CFIUS Approves Pemex’s Deer Park Refinery Purchase

(Energy Analytics Institute, 22.Dec.2021) — Energy briefs including Chile being chosen for the 2nd consecutive yr as the most attractive emerging mkt to invest in […]

West Indies Petroleum Wins in Lime Tree Refinery Auction

(Jamaica Observer, 22.Dec.2021) — News portal, the Virgin Islands Consortium, reports that Jamaica-based West Indies Petroleum (WIP) won an auction for the Lime Tree Bay Refinery […]

IMF Approves Extended Arrangement for Suriname

(IMF, 22.Dec.2021) — The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Fund Facility (EFF) for Suriname in […]

Petrobras On LPG Focused Social Program

(Petrobras, 22.Dec.2021) — Petrobras, following up on the releases disclosed on 29 September and 8 December 2021, informs that its Board of Directors approved the […]

Petrobras Concludes Sale of Bahia Onshore Fields

(Petrobras, 22.Dec.2021) — Petrobras, following up on the release disclosed on 23 Dec. 2020, informs that it concluded today the sale of its total stake […]

Petrobras Completes Renewal of its Shelf Registration

(Petrobras, 22.Dec.2021) — Petrobras completed the renewal of its shelf registration with the US Securities and Exchange Commission (SEC). The shelf registration allows Petrobras to […]

Petrobras Submits Development Plan for Tupi and Iracema

(Petrobras, 22.Dec.2021) — Petrobras, as the operator of the Tupi Field, submitted to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of […]

Touchstone’s Credit Facility Raised To $30mn

(Touchstone, 22.Dec.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) entered into an amended and restated loan agreement with its Trinidad based lender providing for a […]

Petrobras on Contracts with TAG

(Petrobras, 22.Dec.2021) — Petrobras informs that, as part of the actions taken to open the Brazilian natural gas market, signed, today, with Transportadora Associada de […]

Touchstone Reveals 3rd Test Results at Royston-1 in Trinidad

(Touchstone, 21.Dec.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) announced results of the final production test at our Royston-1 exploration well which has confirmed a […]

Sempra to Divest 10% Interest in Sempra Infrastructure Partners

(Sempra, 21.Dec.2021) — Sempra (NYSE: SRE) (BMV: SRE) entered into a definitive agreement to sell a non-controlling 10% interest in Sempra Infrastructure Partners to a subsidiary […]

Rhyolite Resources Closes C$18mn Private Placement

(Rhyolite Resources, 21.Dec.2021) — Rhyolite Resources Ltd. (TSXV: RYE) completed a “bought deal” brokered private placement of 16,000,000 common shares of the company at a […]

NFE Signs MOU with Mauritania for Fast LNG And Gas-to-Power Project

(New Fortress Energy, 21.Dec.2021) — New Fortress Energy Inc. (NASDAQ: NFE) announced execution of a Memorandum of Understanding (MOU) with the Islamic Republic of Mauritania […]

Argentina President Set to Decree $1.6bn Vaca Muerta Gas Pipeline

(Reuters, 21.Dec.2021) — Argentina’s President Alberto Fernandez will sign a decree in the next few weeks to push forward construction of a major new gas […]

Venture Global and CNOOC Gas & Power Announce LNG SPA

(Venture Global, 20.Dec.2021) — Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced […]

Minerva Bunkering Launches New Physical Supply Service in Argentina

(Minerva Bunkering, 20.Dec.2021) — Minerva Bunkering has launched a new marine fuels supply service in Argentina, providing deliveries in Buenos Aires and surrounding ports. “By adding this new […]

Petrobras Comments on Divestment of Paraná Basin Assets

(Petrobras, 20.Dec.2021) — Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed with Ubuntu Engenharia e Serviços Ltda a contract for […]

Frontera to Acquire Colombian Producer PetroSud

(Frontera, 20.Dec.2021) — Frontera Energy Corporation (TSX: FEC) entered into an agreement to acquire 100% of the issued and outstanding shares in Petroleos Sud Americanos […]

NGC Reports Results for Period Ended 30 Sep. 2021 [PDF Downloads]

(NGC, 19.Dec.2021) — The NGC Group recorded an unaudited after-tax profit of TT$1.045B for the nine-month period ended 30 September 2021. This represents an extraordinary […]

NGC Reports $1bn Profit [PDF Download]

(NGC, 19.Dec.2021) — The National Gas Company of Trinidad and Tobago Limited (NGC) released its unaudited consolidated financial statements for the nine-month period ended 30 September […]

Guyana Proposes Establishment of Local Content Register in Historic Bill

(DPI, 18.Dec.2021) — As part of the Local Content Bill, the government is proposing the establishment of a Local Content Register said to be developed […]

Höegh LNG Partners LP Advises Investors Of Lead Class Action

(Höegh LNG, 18.Dec.2021) — Robbins Geller Rudman & Dowd LLP announces that purchasers of Höegh LNG Partners LP (NYSE: HMLP) securities between 22 August 2019 and 27 July 2021, inclusive (the “Class […]

WoodMac: Predictions 2022

(WoodMac, 17.Dec.2021) — Wood Mackenzie analysts offer ten predictions for key developments expected in the energy and natural resources industries in 2022. This is a […]

TotalEnergies and Shell Stand Out in Brazilian Oil Auction

(Bloomberg, 17.Dec.2021) — European supermajors TotalEnergies SE and Royal Dutch Shell Plc will join Brazil’s state-controlled oil giant at two key fields, marking the latest expansion in […]

ANP Reveals Result of 2nd Bid Round for TOR Surplus

(Petrobras, 17.Dec.2021) — Petrobras acquired the exploration and production rights of the volumes exceeding those of the Transfer of Rights in the Atapu and Sepia […]

NRGBriefs: Ecopetrol Fined for Caño Cacayal Contamination

(Energy Analytics Institute, 17.Dec.2021) — Energy briefs including Ecopetrol S.A. revealing the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. […]

POC Retains Interest in Block 5 Offshore Suriname

(Staatsolie, 17.Dec.2021) — Paradise Oil Company (POC), a wholly owned subsidiary of Staatsolie Maatschappij Suriname N.V., retains its non-operated participating interest of 40%. The details […]

Dover Announces Two Clean Energy Acquisitions [Download]

(Dover, 16.Dec.2021) — Dover (NYSE: DOV) completed the acquisition of Acme Cryogenics, Inc. for $295mn in cash, and that it has entered into a definitive agreement to acquire […]

Guyana Shies Away from Overly Rigid Local Content Terms in Oil Bill

(Reuters, 16.Dec.2021) — Guyana’s government on Thursday delivered to the National Assembly the draft of a local content bill that will regulate its nascent oil […]

Petrobras Inks $5bn Revolving Credit Line Deal

(Petrobras, 16.Dec.2021) — Petrobras signed, today, a revolving credit facility (RCF) in the amount of $5bn, maturing in December 2026, with the possibility of being […]

Bristow And Overair Form Partnership to Introduce Zero Emission eVTOL

(Bristow, 16.Dec.2021) — Overair, Inc., developer of electric vertical take-off and landing (eVTOL) vehicles, today announced they signed a Memorandum of Understanding (MOU) with Bristow […]

No Counter-offers in ANH, 30 Contracts to be Signed

(Reuters, 16.Dec.2021) — There were no counter-offers for oil and gas blocs in Colombia’s latest licensing round, but contracts for 30 blocs which received bids […]