Energy Analytics Institute (EAI)

YPF To Post Higher-Than-Expected Oil Production Growth

(S&P Global, 10.Nov.2021) — YPF, the biggest oil producer in Argentina, expects to post higher-than-expected oil production growth this year as it steps up drilling […]

Ecopetrol Reports 3Q:21 Results [PDF Download]

(Ecopetrol, 9.Nov.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announced the Ecopetrol Group‘s financial results for the third quarter of 2021. The financial results were prepared in […]

NRGBriefs: YPF Class D Director Resigns

(Energy Analytics Institute, 9.Nov.2021) — Energy briefs including YPF’s BODs accepting the resignation of Ms. Elizabeth Dolores Bobadilla, as director for Class D shares; Avino […]

Rio de Janeiro Looks to establish Voluntary Carbon Credit Marketplace in Brazil

(Carbon Trading Exchange, 9.Nov.2021) — On 22 June 2021, Rio de Janeiro Mayor Eduardo Paes published Decree No. 48.995/21, which started the Carbon Trading Exchange […]

Touchstone Finds Light Oil At Royston-1

(Touchstone, 8.Nov.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) announced the results of the first of three planned production tests at our Royston-1 exploration well […]

Guyana: Strategic Considerations for Local Content [PDF Download]

(Energy Analytics Institute, 8.Nov.2021) — According to the government of Guyana, the goal of their local content policy is to “maximize the level, quality, and […]

Bolsonaro: Petrobras Pricing Independent

(Reuters, 6.Nov.2021) — Brazilian President Jair Bolsonaro lamented on Saturday that state-run oil company Petrobras sets domestic fuel prices independent of government interference and repeated […]

Venezuela Slashes Oil Production Target

(Bloomberg, 5.Nov.2021) — Venezuela’s state oil company slashed its output target by one-third as years of corruption, brain drain and inadequate investment crippled the nation’s […]

Sempra Reports 3Q:21 Earnings

(Sempra, 5.Nov.2021) — Sempra (NYSE: SRE) (BMV: SRE) announced third-quarter 2021 losses of $648mn, or $2.03 per diluted share, compared to third-quarter 2020 earnings of $351 million, or $1.21 per diluted share. […]

Pew Praises Commitments To Protect Coastal Wetlands

(Pew 5.Nov.2021) — The Pew Charitable Trusts applauded several nations for including ambitious targets to protect and restore coastal wetlands in their updated nationally determined […]

NRGBriefs: Trinidad’s Gas Production Falls [PDF Download]

(Energy Analytics Institute, 5.Nov.2021) — Energy briefs including Trinidad and Tobago’s natural gas and LNG production continuing to slide; Caribbean Accelerator CEO Racquel Moses talking […]

Petrobras Finalizes Divestment Of Power Companies

(Petrobras, 5.Nov.2021) — Petrobras, following up on the release disclosed on 29 July 2021, says it has concluded the sale of its stakes of 20% […]

Petrobras In Negotiations With Petro Rio

(Petrobras, 5.Nov.2021) — Petrobras, following up on the release disclosed on 7 Oct. 2021, about the divestment project of the Albacora and Albacora Leste fields, […]

Petrobras Comments On Communication From Controlling Shareholder

(Petrobras, 5.Nov.2021) — Petrobras clarifies that, due to news released in the media recently, consulted its controlling shareholder on the existence of information to be […]

Venezuelan Elections To Not Bring Sanctions Relief

(Platts, 4.Nov.2021) — Any major easing of US oil sanctions against Venezuela remains off the table, but the country’s Nov. 21 elections could provide a […]

ING Will Not Finance Oil In Peru

(Reuters, 4.Nov.2021) — Dutch lender ING will not finance the trading of oil and gas in Peru amid concern about the impact of the industry […]

Trinidad PM Rowley Meets With High-Level Shell Team

(Office of the Prime Minister of Trinidad and Tobago, 4.Nov.2021) — Prime Minister Dr the Hon Keith Rowley met with Shell’s senior executives at the […]

NRGBriefs: Ecopetrol Conf. Call

(Energy Analytics Institute, 4.Nov.2021) — Energy briefs including plans by Ecopetrol S.A. to host its 3Q:21 conf. call; Venture Global LNG and China Petroleum & Chemical […]

Summit Ridge, Osaka Gas Reach Solar Milestones

(Summit Ridge Energy, 4.Nov.2021) — Summit Ridge Energy (SRE) announced completion of the first project in their 200 MW Maine community solar portfolio, a 6.3 […]

Sinopec Signs LT Deal With Venture Global LNG

(Sinopec, 4.Nov.2021) — China Petroleum & Chemical Corporation (HKG: 0386, Sinopec) signed a 20-year liquified natural gas (LNG) contract with U.S. LNG producer and exporter […]

Venture Global, Sinopec Ink LNG Sales Deals

(Venture Global, 4.Nov.2021) — Venture Global LNG and China Petroleum & Chemical Corp. (Sinopec) announced signing of two 20-year Sales and Purchase Agreements (SPA) for the […]

PM Keith Rowley Holds Energy Talks With BP In London

(The Office of the Prime Minister of Trinidad and Tobago, 4.Nov.2021) — Prime Minister Dr the Honourable Keith Rowley met with BP’s Chief Executive Officer, […]

Venezuela Adapts To US sanctions With Rising Oil Flow

(Argus, 3.Nov.2021) — Venezuela is cranking up oil production in a reflection of the Opec country’s moderate success in adapting to operational constraints imposed by prolonged […]

Frontera Energy Reveals 3Q:21 Results

(Frontera Energy, 3.Nov.2021) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 September 2021. All financial amounts in […]

Deacero Opens Headquarters In Washington, DC

(Deacero, 3.Nov.2021) — Deacero, Mexico’s largest wire producer, opened a global trade and corporate affairs headquarters in the heart of this capital city – a first for […]

Montenegro Sets Roadmap For Carbon Neutral Future

(Montenegro Ministry of Ecology, 3.Nov.2021) — The Government of Montenegro is accelerating the pace of its journey towards global net zero. This includes an increase in emission […]

Sempra Infrastructure Shares Key Executive Appointments

(Sempra, 3.Nov.2021) — Sempra Infrastructure announced key executive leadership appointments following the consolidation of Sempra LNG and Infraestructura Energética Nova S.A.P.I. de C.V. (IEnova) with […]

Brazil Offers Second Chance At Atapu And Sépia

(WoodMac, 3.Nov.2021) — Brazil will relicense the surplus volumes in Atapu and Sépia next month, offering bidders improved terms in the country’s second Surplus Transfer […]

AES Reaffirms 7%-9% Annualized Growth Target Through 2025

(AES, 3.Nov.2021) — The AES Corporation (NYSE: AES) reported financial results for the quarter ended 30 September 2021. Strategic Accomplishments Signed 4 GW of new PPAs for renewable energy […]

NRGBriefs: Shell And YPF Eye Bajada De Añelo Investment

(Energy Analytics Institute, 3.Nov.2021) — Energy briefs including Shell Argentina and YPF looking to commence development of the Bajada de Añelo area w/ an anticipated […]

Venezuela Asset Debacle Splits Guaidó Camp

(Argus, 2.Nov.2021) — Two major Venezuelan opposition parties today voted against a decree issued by US-backed shadow parliamentary leader Juan Guaidó, an unprecedented rupture that foreshadows […]

Guyana To Auction New Oil Blocks By 3Q:22, VP Jagdeo Says

(Reuters, 2.Nov.2021) — Guyana plans to auction new blocks for offshore oil exploration by the third quarter of 2022, Vice President Bharrat Jagdeo said late […]

US, EU, And Partners Launch Global Methane Pledge

(US Department of State, 2.Nov.2021) — Today, the United States, the European Union, and partners formally launched the Global Methane Pledge, an initiative to reduce […]

NRGBriefs: Argentina’s Vaca Muerta-San Jerónimo Pipeline

(Energy Analytics Institute, 1.Nov.2021) — Energy briefs including YPF’s President Pablo González saying the national government would be revealing details “within a few days” regarding […]

TGS Reveals New 3D Multi-Client In Egyptian Red Sea

(TGS, 29.Oct.2021) — TGS, a global provider of energy data and intelligence, announced a new 3D seismic survey in the Red Sea, Egypt, in partnership […]

NRGBriefs: Atlantic LNG’s Carbon Abatement Plan

(Energy Analytics Institute, 29.Oct.2021) — Energy briefs including Atlantic LNG revealing its carbon abatement strategy; Brazil’s oil giant Petrobras reducing its gross debt load to […]

Petrobras Releases 3Q:21 Report [PDF Download]

(Petrobras, 29.Oct.2021) — In 3Q21, Petrobras posted excellent operating and financial results. According to CEO Joaquim Silva e Luna, “It is with great honor that […]

Mainstream To Deliver 1.27GW For South Africa

(Mainstream, 29.Oct.2021) — Global wind and solar company, Mainstream Renewable Power announces that twelve of its projects have won preferred bidder status in Round 5 […]

Major Energy Exporters Race To Lead In Global Hydrogen Trade

(WoodMac, 28.Oct.2021) — The time is ripe for the world’s major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make […]

Guyana Plots Shift To Natural Gas, Renewable Energy

(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 […]