(TechnipFMC, 7.Jan.2021) — TechnipFMC plc announced the resumption of activities toward its planned separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated […]
Suriname Oil Drilling To Expand
(St. Kitts-Nevis Observer, 7.Jan.2021) — Bahamas Petroleum Company PLC told investors it is on-track to add further wells to its operations in Trinidad and also […]
Petrobras Inks Deal To Divest Mangue Seco 3 And 4
(Petrobras, 7.Jan.2021) — Petrobras, following up on the release disclosed on 12 June 2020, informs that it signed today with V2I Transmissão de Energia Elétrica […]
Petrobras Reports Record Production In 2020
(Petrobras, 7.Jan.2021) — Petrobras registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per […]
Methanex To Cut 60 Employees At Titan Facility
(Methanex, 7.Jan.2021) — Methanex Corporation announced today that it expects its Titan methanol facility in Trinidad (875,000 annual operating capacity) will remain idled indefinitely. As […]
NNPC Seeks $1bn Oil Prepay For Port Harcourt Refinery
(Reuters, 7.Jan.2021) — Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its […]
Crown Point And Centaurus Enter Into Term Sheet
(Crown Point, 7.Jan.2021) — Crown Point Energy Inc., a Calgary-based oil and gas company with Argentine upstream conventional oil and gas assets, and Centaurus Energy […]
Colombia Said To Review Divesting Stake In ISA
(Bloomberg, 6.Jan.2021) — Colombia’s government is reviewing plans to sell a stake in Interconexion Electrica SA that is attracting interest from publicly owned companies, according […]
Jose R. Pocaterra Joins Citgo Board Of Directors
(Citgo, 6.Jan.2021) — The Citgo Petroleum Corporation Board of Directors announced that Jose R. Pocaterra has been named to the Board of Directors, replacing Edgar […]
EU Commission President On US Election
(Energy Analytics Institute, 6.Jan.2021) — EU Commission President Ursula von der Leyen comments on US elections and recognition of Joe Biden as the next US […]
EU’s Declaration On Backing Venezuela’s Juan Guaido
(EU Council, 6.Jan.2021) — The Venezuelan elections of 6 December 2020 for the National Assembly regrettably went ahead without a national agreement on electoral conditions. […]
EU, Lima Group Sour On Juan Guaido
(Argus, 6.Jan.2021) — The EU and the Lima Group of Latin American countries and Canada have implicitly dropped support for Venezuelan opposition leader Juan Guaido […]
Pompeo On Win-Win Solutions, Capital Storming
(Energy Analytics Institute, 6.Jan.2021) — US Secretary of State Michael Pompeo comments on win-win mineral solutions in certain countries from DRC to Brazil as well […]
Peru Oil And Gas Industry Eyes Rebound
(Argus, 5.Jan.2021) — Peru’s oil and gas industry is hoping for a rebound in 2021 following a year marred by the COVID-19 pandemic, violent indigenous […]
Venezuela’s New National Assembly Steps In
(Energy Analytics Institute, 5.Jan.2021) — Venezuela’s new National Assembly, elected in parliamentary elections on 6 December 2020, assumed power today in Caracas. Jorge Rodriguez will […]
Exxon Spuds Bulletwood, Offshore Guyana
(Offshore Engineer, 5.Jan.2021) — U.S. oil major ExxonMobil has reportedly started drilling at the Bulletwood-1 well site on the Canje Block, offshore Guyana. The news […]
Elías Matta To Continue Heading Energy Commission
(Energy Analytics Institute, 5.Jan.2020) — Elías Matta will retain his post as the president of the energy and petroleum commission of the National Assembly, sources […]
Sungrow Shipments To The Americas Cross 10 GW
(Sungrow, 4.Jan.2021) — Sungrow, the global leading inverter solution supplier for renewables, announced recently that its cumulative shipments in the Americas hit a significant milestone […]
Apache Creates Holding Company Structure
(Apache, 4.Jan.2021) — Apache Corporation announced that its Board of Directors authorized the company to create a holding company structure. Upon its formation, APA Corporation, […]
Pattern Starts Building Wind Projects In NM
(Pattern Energy, 4.Jan.2021) — Pattern Energy Group LP completed financing and started the full construction process of its Western Spirit Transmission line and its suite […]
Petrobras Comments On IESA Oleo e Gas Case
(Petrobras, 4.Jan.2021) — Petrobras informs that an arbitral panel seated in New York, has issued an award in an arbitration initiated by IESA Óleo e […]
EOG Resources Promotes Ezra Yacob To President
(EOG Resources, 4.Jan.2021) — EOG Resources’ Board of Directors promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held […]
Eurasia Group Publishes Top Risks For 2021
(Eurasia Group, 4.Jan.2021) — As we begin 2021, the United States is the most powerful, politically divided, and economically unequal of the world’s industrial democracies. […]
Forestry Commission To Be Fully Operational Again
(DPI, 4.Jan.2021) — Minister of Natural Resources Hon. Vickram Bharrat has said the capacity of the Guyana Forestry Commission (GFC) has been strengthened and the […]
Venezuela’s Oil Exports Sink To 1940’s Level
(Reuters, 4.Jan.2021) — Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon data […]
United Airlines Going 100% Green By 2050
(Energy Analytics Institute, 4.Jan.2021) — Houston-based United Airlines announced plans to cut its greenhouse gas emissions. “We are going 100% green by 2050 by reducing […]
EP PetroEcuador Completes Merger With PetroAmazonas
(Energy Analytics Institute, 4.Jan.2021) — The long awaited merger of Ecuador’s two state oil and gas entities EP PetroEcuador and PetroAmazonas EP was approved by […]
AES To Divest Mong Duong 2 Coal-Fired Plant In Vietnam
(AES, 4.Jan.2021) — The AES Corporation (AES) signed an agreement on 31 December 2020 to sell its entire equity interest in the 1,242 MW Mong […]
Egypt Signs 9 New Deals For Oil And Gas Exploration
(Arab News, 3.Jan.2021) — The Egyptian Ministry of Petroleum and Mineral Resources has signed nine new petroleum agreements to search for petroleum and natural gas […]
Guyana Oil Company Doubled Profits In 2019
(The Rio Times, 3.Jan.2021) — GuyOil, the report notes, has been able to maintain a market share of just about 25% and in 2019 sales […]
Total Enters A New Operated Exploration Permit In Egypt
(Total, 3.Jan.2020) — An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company […]
Pemex Investigates Offshore Pipeline Fire
(Argus, 2.Jan.2021) — Mexico’s state-run Pemex is investigating the cause of a fire that broke out yesterday on a pipeline that carries hydrocarbons from an […]
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to […]
Total Asks Mozambique Staff To Leave Over Attacks
(Bloomberg, 1.Jan.2021) — Total SE asked some staff to vacate its $20 billion Mozambique liquefied natural gas project as Islamist militants are staging attacks increasingly […]
YPFB And IEASA Ink Fifth Gas Addendum
(Energy Analytics Institute, 1.Jan.2020) — Bolivia’s state oil and gas entity Yacimientos Petrolíferos Fiscales Boliviano (YPFB) and Argentina’s IEASA signed onto a fifth addendum to […]
Trinidad And Tobago: GECF Country Brief
(Energy Analytics Institute, 1.Jan.2021) — Trinidad and Tobago is the leading producer of oil and gas in the Caribbean, and these resources play an important […]
Brazil Eyes Oil Industry Reforms To Lure Investors
(S&P Global, 31.Dec.2020) — Brazil needs to continue making important oil industry reforms in 2021 to remain as one of the world’s top destinations for […]
Q&A: Bolivia Doubles Down On Gas
(Argus, 31.Dec.2020) — Bolivia’s new government is looking to cut diesel imports by encouraging exploration with a focus on liquids and transitioning its transportation sector […]
Venezuela Briefs: Halliburton Layoffs
(Energy Analytics Institute, 31.Dec.2020) — Briefs from Venezuela related to Halliburton layoffs and the year end message from Petróleos de Venezuela (PDVSA) President Asdrúbal Chávez. […]
Petrobras Comments On Gaspetro’s Divestment
(Petrobras, 30.Dec.2020) — Petrobras, following up on the release disclosed on November 30, 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), informs that it […]
Petrobras Closes Equity Interest In Sete Brasil Group
(Petrobras, 30.Dec.2020) — Petrobras, following up on the release disclosed on 20 December 2019, informs that its Dutch subsidiary Petrobras Netherlands B.V. transferred, today, to […]
Heard Bolivia: Hydrocarbon Reserves, Ecological Fuels
(Energy Analytics Institute, 30.Dec.2020) — Heard on the street from Bolivia related to the Andean country’s plans to boost hydrocarbon reserves and development of projects […]
University Of Los Llanos Inaugurate Meta Campus
(Ecopetrol, 30.Dec.2020) — Ecopetrol and the University of Los Llanos “Unillanos” gave the service the second phase of works of this educational institution at the […]
The Oil Industry Is Stuck in Virus Alley
(IHS Markit, 29.Dec.2020) — Prices won’t break out of the $40 to $50 range until consumption gets back to normal sometime next year. When will […]
![Citgo Releases First-Ever ESG Report [PDF DOWNLOAD]](https://energy-analytics-institute.org/wp-content/uploads/2020/12/qtq80-NEPfid.jpeg)
Citgo Releases First-Ever ESG Report [PDF DOWNLOAD]
(Citgo, 29.Dec.2020) — Marking a new chapter of heightened corporate transparency, responsibility and accountability, Citgo Petroleum Corporation today released its first-ever report detailing the company’s […]
Carlos Vecchio Says Guaidó Govt Saved Citgo
(Energy Analytics Institute, 29.Dec.2020) — Houston-based refiner Citgo Petroleum, owned by Venezuela’s state oil and gas company Petróleos de Venezuela (PDVSA), continues to benefit from […]
UAE Emerges As Hub For Cos. Helping Venezuela
(Reuters, 29.Dec.2020) — In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major […]
Petrobras On Vitol Leniency Agreement
(Petrobras, 29.Dec.2020) — Petrobras informs that it received, as of today, the amount of R$232.6mn, as a result of a leniency agreement entered into between […]
Petrobras On Transpetro Share Capital Reduction
(Petrobras, 29.Dec.2020) — Petrobras informs that, as sole shareholder, it approved today the reduction of share capital of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), […]
Petrobras Starts Arbitration Against Odebrecht
(Petrobras, 28.Dec.2020) — Petrobras presented today a request for arbitration with an indemnity claim estimated at approximately R$800mn, against Odebrecht S.A., based on the shareholders’ […]