Energy Analytics Institute (EAI)

Sugarcane Harvest At Risk In Venezuela’s Portuguesa State

(Energy Analytics Institute, 30.Jan.2021) — Venezuelan sugarcane growers in the country’s central Portuguesa state are at risk of losing the opportunity to harvest an estimated […]

PDVSA Ad Hoc Board Head Calls Citgo “Crown Jewel”

(Energy Analytics Institute, 29.Jan.2021) — The president of the Ad Hoc Board of Petróleos de Venezuela (PDVSA) called US-based refiner Citgo Petroleum the “crown jewel” […]

Chevron Reports 4Q:20 Results [PDF DOWNLOAD]

(Chevron, 29.Jan.2021) — Chevron Corporation reported a loss of $665mn ($(0.33)/share – diluted) for fourth quarter 2020, compared with a loss of $6.6bn ($(3.51)/share – […]

EOG Schedules 4Q:20 Conference Call , Webcast

(EOG, 29.Jan.2021) — EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2020 results on Friday, […]

Moody’s Assigns Caa3 Rating To YPF’s Proposed Notes

(Moody’s, 29.Jan.2021) — Moody’s Investors Service assigned a Caa3 rating to YPF Sociedad Anónima’s (YPF) proposed senior secured notes due 2026 and senior unsecured notes […]

Petrobras Finds Oil At Campos Basin Urissanê Well

(Petrobras, 29.Jan.2021) — Petrobras informs that has identified the presence of hydrocarbon in the wildcat well of block C-M-411, located in the pre-salt of the […]

OPEC+, Covid-19 and Energy Transition: 3 Themes in 2021

(WoodMac, 28.Jan.2021) — Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three […]

OPEC Fund Marks 45 Years Of Driving Development

(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance […]

General Motors Plans To Be Carbon Neutral By 2040

(GM, 28.Jan.2021) — Today, GM announced that it plans to become carbon neutral in its global products and operations by 2040 and has committed to […]

Petrobras And Ecopetrol Bullish On 2021

(Argus, 28.Jan.2021) — Just as Covid-19 affected each Latin American country differently, so too is the outlook of each country’s future crude oil production and […]

Ecopetrol’s Bid For ISA Ratifies Govt Linkage

(Fitch Ratings, 28.Jan.2021) — Ecopetrol’s (BBB-/Negative) non-binding offer for the Colombian government’s 51.4% stake in Interconexion Electrica (ISA, BBB+/Negative) ratifies the company’s close linkage with […]

Ivan Duque Officially Opens Trina Solar Plant

(Trina, 27.Jan.2021) — The second phase of the Los Llanos photovoltaic power plant project developed and managed by Trina Solar in Colombia has been connected […]

Antony Blinken Named US Secretary of State

(Energy Analytics Institute, 27.Jan.2021) — The US Department of the Treasury confirmed appointment of Antony Blinken as the agency’s new head, taking the helm after […]

Exxon To Host 4Q:20 Earnings Call

(Energy Analytics Institute, 27.Jan.2021) — Irving, Texas-based oil giant Exxon announced details of its fourth quarter 2020 earnings call. Darren Woods, Chairman and Chief Executive […]

Ecopetrol Bids For Transmission Giant

(Argus, 27.Jan.2021) — Colombia’s state-controlled Ecopetrol is seeking to acquire state-controlled electricity transmission giant Isa in an aggressive move away from its core oil business. […]

Climate Commitments Top Energy, Mining Agendas

(WoodMac, 27.Jan.2021) — 2020 was the year that climate change became a dominant force for commodities. In response, a slew of companies and governments made […]

Hess Updates On Ops In The US, Guyana And Malaysia

(Hess, 27.Jan.2021) — Hess Corporation provided operational highlights from the fourth quarter of 2020 and its operations in the US Bakken, the US Gulf of […]

Hess Reports 4Q:20 Net Loss

(Hess, 27.Jan.2021) — Hess Corporation reported a net loss of $97mn, or $0.32 per common share, in the fourth quarter of 2020, compared with a […]

US Secretary Of State Antony J. Blinken Press Briefing

(US State Department, 27.Jan.2021) — Remarks to the Press from US Secretary of State Antony J. Blinken from the Press Briefing Room in Washington, DC. […]

Hess Corp.’s 4Q:20 Earnings Call Transcript

(Seeking Alpha, 27.Jan.2021) — A full transcript of the Hess Corporation4Q 2020 earnings conference call from 27 January 2021 at 10:00 am ET follows here. […]

Bolsonaro Urges Truckers Not To Strike

(Reuters, 27.Jan.2021) — Brazilian President Jair Bolsonaro on Wednesday urged truckers not to strike on Feb. 1, suggesting he could lower diesel costs with tax […]

Petrobras Gets Approval For Petros Plan 3

(Petrobras, 27.Jan.2021) — Petrobras, following up on the release disclosed on 18 January 2021, informs that the Secretariat for Coordination and Governance of StateOwned Companies […]

Fact Sheet: Biden’s Climate Crisis Executive Actions

(The White House, 27.Jan.2021) — Biden-Harris Administration Commits on Climate Change – Creating Jobs, Building Infrastructure, and Delivering Environmental Justice Today, President Biden will take […]

Exxon Mobil Declares 1Q:21 Dividend

(Energy Analytics Institute, 27.Jan.2021) — Irving, Texas-based Exxon Mobil Corporation announced that its Board of Directors declared a cash dividend of $0.87 per share on […]

Petrobras’s Refining Head Anelise Quintão Lara Leaves

(Petrobras, 26.Jan.2021) — Petrobras informs that its Board of Directors, in a meeting held today, approved the dismissal of Anelise Quintão Lara and elected Rodrigo […]

Venezuela Crude Stocks Drop As Exports Pick Up

(Reuters, 26.Jan.2021) — Venezuelan state oil company PDVSA’s inventories of its main export crude grade dipped this week to their lowest levels since late November, […]

YPF Bonds Rally After Sweetened Debt Offer

(Bloomberg, 26.Jan.2021) — Bonds of Argentine oil producer YPF SA climbed to a three-week high after the company improved a $6 billion restructuring offer. Stocks […]

Petrobras On Deal With Sete Brasil

(Petrobras, 26.Jan.2021) — Petrobras, following up on the release disclosed on 12 November 2020, informs it has received a notification from the Sete Brasil in […]

Petrobras’ Proved Reserves Fall In 2020 Versus 2019

(Petrobras, 26.Jan.2021) — Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at […]

YPF Amends Second Exchange Offers

(YPF, 25.Jan.2021) — YPF Sociedad Anónima (YPF) announced its decision to amend the terms and conditions of its Exchange Offers and Consent Solicitation initially described […]

Hess Announces 2021 E&P CAPEX Of $1.9bn

(Hess, 25.Jan.2021) — Hess today announced a 2021 Exploration & Production capital and exploratory budget of $1.9bn, of which more than 80% will be allocated […]

ProColombia Launches Nature Tourism Guides

(ProColombia, 25.Jan.2021) — ProColombia, the government entity in charge of promoting international tourism, foreign direct investment, non-mining energy exports and the country brand, is encouraging […]

Three European Banks Stop Funding Trade Of Oil

(Al Jazeera, 25.Jan.2021) — BNP Paribas, Credit Suisse and ING have announced plans to exclude the problematic export from their trading activities in response to […]

Work At Dos Bocas Continues [PHOTOS]

(Energy Analytics Institute, 23.Jan.2021) — Construction work at the Dos Bocas refinery in Mexico continues to move forward, announced Mexico’s Energy Secretariat Rocio Nahle. Nahle […]

PDVSA Says It Controls Gas Leak Along Anaco Pipeline

(Energy Analytics Institute, 23.Jan.2021) — Workers with PDVSA Gas, a subsidiary of Petróleos de Venezuela (PDVSA) controlled a gas leak in the Barbacoas sector of […]

Sungrow Supplies 100 MW Energy Project In Texas

(Sungrow, 22.Jan.2021) — Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy […]

China Buys Venezuelan Oil Doctored To Skirt Sanctions

(Bloomberg, 22.Jan.2021) — It may be the oil market’s worst-kept secret: Millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously […]

Valor Econômico’s REFAP Figures Wrong: Petrobras

(Petrobras, 21.Jan.2021) — Petrobras, regarding the news published in the media, about Ultrapar Participações S.A.’s proposal to acquire Refinaria Alberto Pasqualini (REFAP), in Rio Grande […]

Nickel Rock Resources Targets Lithium Clay

(Nickel Rock Resources, 21.Jan.2021) — Nickel Rock Resources Inc. reported that prior to implementing a reconnaissance drilling campaign on its 100% owned Clayton Valley Project […]

Bankers ‘Bombard’ Guyana With Financing Plans

(Reuters, 21.Jan.2020) — As the former British colony begins its first significant oil production this year, it is wary of avoiding the mistakes made in […]

Petrobras Comments On REFAP Sale

Italy Seeking Documents For Eni, Shell Nigeria Case

(Reuters, 20.Jan.2021) — Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a […]

Suriname Latest Big Oil Find As Industry Cuts Costs

(The New York Times, 20.Jan.2021) — The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while […]

Exxon’s 4Q:20 Results Call

(Exxon, 20.Jan.2021) — Please join Darren Woods, Chairman and Chief Executive Officer, and Stephen Littleton, Vice President and Secretary, for a discussion of fourth quarter […]

Vincent Pereira To Retire From BHP Trinidad

(BHP, 20.Jan.2021) — BHP announced today that, after 16 years of leadership as BHP’s Country Manager for Trinidad and Tobago, Vincent Pereira will retire, effective […]

Huntkey Releases 20W Mini PD Charger In China

(Huntkey, 20.Jan.2021) — Huntkey, a leading provider of power solutions, has officially released its 20W Mini PD Charger – the K20 in China. It is […]

Ecopetrol Says Pipeline Theft Rose 46% Last Year

(Reuters, 20.Jan.2021) — Theft of crude oil from pipelines operated by Colombia’s state-controlled oil company Ecopetrol rose by 46% last year, driven by surging robberies […]

US May Restore Venezuela Diesel Swaps, Ease Waiver

(Argus, 20.Jan.2021) — The new US administration is considering whether to reinstate Venezuelan crude-for-diesel swaps and ease a key sanctions waiver, but policy reversals alone […]

OFAC Targets Individuals And Entities Helping Maduro

(Energy Analytics Institute, 19.Jan.2021) — US Treasury Department’s Office of Foreign Asset Control, or OFAC, slapped sanctions on three individuals, 16 companies and seven vessels […]

Kosmos Boast GOM Exploration Success

(Kosmos, 19.Jan.2021) — Kosmos Energy announced an oil discovery in the US Gulf of Mexico at the Winterfell infrastructure-led exploration (“ILX”) well (Kosmos working interest […]