Energy Analytics Institute (EAI)

CEOs Call For G20 To ‘Get Serious’ About Renewables

(GWEC, 19.Jul.2021) — The leading CEOs of the global wind industry have united to call on G20 members to show leadership in the climate crisis […]

Brazilian Gas Availability Up 4.5% In June

(Argus, 19.Jul.2021) — The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from […]

Petrotrin Pension Plan In Deficit

(Trinidad Express, 19.Jul.2021) — Most members of the Petrotrin Employees Pension Plan are in danger of not receiving their full pension benefits due to a […]

BP: No Gas For Train 1

(Trinidad Express, 19.Jul.2021) — Energy major BP said there is no “ongoing fight” between itself and the minority shareholder of Atlantic, Royal Dutch Shell. In […]

Big Energy Fights Over Atlantic

(Trinidad Express, 18.Jul.2021) — No definitive decision has as yet been taken to mothball Atlantic Train I, industry insiders have said. According to these insiders, […]

Trinidad’s MEEI Reflects On Atlantic LNG Train 1

(MEEI, 17.Jul.2021) — The Government has been in discussions with all of the shareholders of Atlantic LNG for months with respect to the future of […]

bp To Send Carbon Offset LNG To Energía Costa Azul

(bp, 16.Jul.2021) — bp Gas Marketing Limited (bpGM), Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), entered into a contract for the delivery […]

Atlas Renewable, Unipar Ink PPA In Brazil

(Atlas Renewable, 16.Jul.2021) — Atlas Renewable Energy, an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South […]

Frontera Reveals Expected 2Q:21 Production Results

(Frontera, 16.Jul.2021) — Frontera Energy Corporation (TSX: FEC) expects second quarter production results and updated its production guidance for 2021. Second Quarter and First Half […]

Korea National Oil Paying Fines In Peru

(Business Korea, 16.Jul.2021) — Korea National Oil Corp. (KNOC), POSCO International and SK Innovation paid a fine of billions of won to the Peruvian government in […]

Vale Gets Permission To Import LNG

(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil’s energy regulator, to import LNG for its own […]

Excelerate Energy, Snam, And Albgaz Sign MOU To Pursue New Gas Pipeline

(Excelerate, 15.Jul.2021) — Excelerate Energy L.P., Snam S.p.A, and Albgaz Sh.a signed a Memorandum of Understanding (MOU), in Tirana, Albania, to explore potential cooperation for […]

ANP Authorizes To Import LNG

(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency […]

Cyprus Emerges As sanctions Workaround For Venezuela

(Lloyd’s List, 14.Jul.2021) — Until last year, Greek shipowners accounted for 80% of crude lifted from Venezuela, undeterred by US sanctions. Then, six vessel-owning companies […]

Petrobras Finalizes Sale Of Rio Ventura Cluster

(Petrobras, 14.Jul.2021) — Petrobras, following up on the release disclosed on 21 August 2020, informs that today it has concluded the sale of its total […]

Italian Court Accepts Extradition Request For Former Minister Ramirez

(Reuters, 14.Jul.2021) — An Italian court on Wednesday approved an extradition request for Venezuela’s former Oil Minister Rafael Ramirez, who is charged with corruption, Venezuelan […]

Bolsonaro Authorizes Eletrobras Privatization

(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of […]

Citgo Dismisses LPG Supply Plan For Venezuela

(Argus, 13.Jul.2021) — Citgo, the US refining arm of Venezuelan state-owned PdV, told Argus it has no immediate plan to supply LPG to Venezuela under new US […]

Minister Young Chairs 55th Council Of Experts

(MEEI, 13.Jul.2021) — Trinidad and Tobago assumed the Presidency of the Latin American Energy Organisation (OLADE) for the period 2021-2022 at the meeting of Ministers […]

Minister Young Visits Ortoire Block

(MEEI, 13.Jul.2021) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young, M.P. […]

Guyana Re-launches Search For Co. To Market Govt’s Oil

(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s […]

Washington Allows LPG Exports To Venezuela

(S&P Global Platts, 12.Jul.2021) — The US Department of Treasury granted a sanctions waiver July 12 allowing US companies to export or re-export LPG supplies […]

Petrobras To Divest Papa-Terra Field

(Petrobras, 12.Jul.2021) — Petrobras, following up on the releases disclosed on 17 April 2020 and 24 November 2020, informs that it has signed with the […]

Petrobras Inks Itapu Coparticipation Deal

(Petrobras, 12.Jul.2021) — Petrobras signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract […]

Cox Energy Begins Capital Increase Process

(Cox Energy, 12.Jul.2021) — Cox Energy América, S.A.B. de C.V. (BIVA: COXA*), a renewable solar energy (photovoltaic) generating company, informs that it begun the preferred […]

Bristow Reveals Contract Extensions In Norway

(Bristow Group, 12.Jul.2021) — Bristow Group Inc. (NYSE: VTOL) announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support […]

Canadian Solar To Enter Energy Storage Project In Colombia

(Canadian Solar, 12.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 […]

Frontera Updates On Guyana Exploration

(Frontera Energy, 12.Jul.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum […]

US OKs LPG Exports To Venezuela

(Energy Analytics Institute, 12.Jul.2021) — The US Office of Foreign Assets Control (OFAC) issued general license no. 40 which allows “all transactions and activities related […]

Ecopetrol Reports Uptick In Oil Output

(Ecopetrol, 12.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol; NYSE EC) informs about the recovery of its operations in the upstream, midstream, downstream and sales and marketing […]

Sonangol, Petrobras Reveal Teaser For Potiguar Basin Stakes

(Petrobras, 9.Jul.2021) — Petrobras started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda., of the total stakes of both […]

LatAm briefs: ENRE fines, “Zama drama” in Mexico

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 9.Jul.2021, Words: 421) — Energy briefs from the Latin America and Caribbean region including: oil prices […]

CGX Spuds Long-awaited Guyana Oil Well

(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana’s offshore play, spudded its first well in the South American country, […]

Venezuela Resorts To Upgraded Oil For Refineries

(Reuters, 8.Jul.2021) — Venezuela’s state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country’s much-needed output […]

Eni Looks To Produce Hydrogen In Egypt

(Eni, 8.Jul.2021) — Eni signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the […]

Guyana-US Relations Strong, Valuable

(DPI, 8.Jul.2021) — His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to […]

Ecopetrol Downgraded By Fitch

(Energy Analytics Institute, 7.Jul.2021) — Fitch Ratings downgraded Ecopetrol S.A.’s downgraded the state oil company’s foreign currency and local currency Issuer Default Ratings to BB+ […]

Eni Find Oil In Ghana’s Block 4

(Eni, 6.Jul.2021) — Eni announces a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban – 1X well […]

Encora Acquires Daitan

(Encora, 6.Jul.2021) — Encora, a global next-gen product engineering provider, announced the acquisition of Daitan, a leading provider of software engineering services. The acquisition adds […]

New Fortress Secures LNG Supply

(New Fortress, 6.Jul.2021) — New Fortress Energy Inc. (NASDAQ: NFE) reached an agreement for liquefied natural gas (LNG) supply that will cover the remaining volumes […]

Patterson-UTI Energy To Buy Pioneer Energy Services

(Patterson-UTI Energy, 6.Jul.2021) — Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295mn, which includes the […]

Edenor Names Bleasdale As CEO

(Edenor, 6.Jul.2021) — Empresa Distribuidora y Comercializadora norte S.A. (Edenor; BYMA/NYSE: EDN), the largest electricity distribution company in Argentina, announces that the Chairman of the […]

RPC, Inc. Reveals Date Of 2Q:21 Conf. Call

(RPC, 6.Jul.2021) — RPC, Inc. (NYSE: RES) will release its financial results for the second quarter ended 30 June 2021 on Wednesday, 28 July 2021 […]

AES To Retire More Than 1 GW Of Coal In Chile

(AES, 6.Jul.2021) — The AES Corporation (NYSE: AES) signed an agreement with the Government of Chile, represented by Chile’s President Sebastián Piñera, together with Minister […]

LatAm Briefs: Rio Negro Drilling, Ecuador Production

(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, […]

Eco Atlantic Confident In Guyana Despite Jabillo-1 Setback

(ProActive, 5.Jul.2021) — Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon […]

Talos Energy Provides Update On Zama

(Talos Energy, 5.Jul.2021) — Talos Energy Inc. (NYSE: TALO) provided an update regarding operatorship for the company’s Zama asset in offshore Mexico. On 2 July […]

Eco Atlantic Says Jabillo-1 Well Shows Non-commercial

(Eco Atlantic, 5.Jul.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG) has received a detailed update from JHI Associates Inc. The Jabillo-1 well in the […]

Golden Arrow Announces Voting Results

(Golden Arrow, 2.Jul.2021) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), announces that at the Annual General Meeting of shareholders held on 30 June 2021, […]

Swiss Insured Brazil Power 9.850% Notes Due 2032

(Swiss Insured Brazil Power, 2.Jul.2021) — Swiss Insured Brazil Power Finance S.à r.l., a private limited liability company (société à responsabilité limitée), incorporated and existing […]