Energy Analytics Institute (EAI)

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 […]

Seadrill On Restructuring Discussions

(Seadrill, 2.Jul.2021) — Seadrill Limited (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on 18 […]

Brazil’s Lower-Sulphur Fuel Booms In Asia

(Reuters, 1.Jul.2021) — Brazil is growing its marine fuel oil exports to Asia’s lucrative premium hubs, where rules mandating lower sulphur content have been squeezing […]

Ecuador Races To Move Oil Pipelines

(Reuters, 1.Jul.2021) — Two dozen workers using six excavators cleared a strip of heavy forest in the foothills of Ecuador’s Reventador volcano on an overcast […]

Alamo Group Declares Regular Quarterly Dividend

(Energy Analytics Institute, 1.Jul.2021) — The board of directors of Alamo Group Inc. (NYSE: ALG) declared its quarterly cash dividend of $0.14 per share, payable […]

Mainstream Renewable Closes Financing Deal In Chile

(Mainstream Renewable, 1.Jul.2021) — Global wind and solar company, Mainstream Renewable Power, has achieved financial close for the third and final phase of its “Andes […]

Colombia Anticipates New Offshore Oil Exploration

(Bloomberg, 1.Jul.2021) — Oil majors are gearing up to explore off the coast of Colombia, offering hope to a country struggling to reverse declines in […]

Duke Energy Florida To Expand Low-income Programs

(Duke Energy, 1.Jul.2021) — Duke Energy Florida filed a proposal with the Florida Public Service Commission to provide additional assistance to customers through the company’s […]

Vesta Reveals 2Q:21 Earnings Call

(Vesta, 1.Jul.2021) — Corporación Inmobiliaria Vesta, S.A.B. de C.V. (BMV: VESTA) is inviting persons to its conference call to discuss the second quarter results of […]

Jansz-Io Compression Project To Proceed

(Chevron, 1.Jul.2021) — Chevron Corporation (NYSE: CVX) announced that its wholly owned subsidiary Chevron Australia Pty Ltd. as operator and the Gorgon joint venture participants […]

Colombia’s Ecopetrol Incorporates Singapore Affiliates

(Ecopetrol, 1.Jul.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) concluded the incorporation of Ecopetrol Singapore Pte Ltd., a company in which it will directly own 100% […]

Ecopetrol Gets OK To Issue, Place Bonds

(Ecopetrol, 30.Jun.2021) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) received authorization from the Ministry of Finance and Public Credit, through Resolution 1484 of 29 June […]

Switzerland Investigates Gunvor Links To Ecuador

(Reuters, 30.Jun.2021) — Swiss prosecutors said on Wednesday they are investigating whether bribery, money laundering or other crimes linked to Ecuador oil trading were committed […]

Factsheet: Chile’s Energy Minister and Undersecretary

(Chile’s Energy Ministry, 30.Jun.2021) — Details regarding Chile’s energy minister Juan Carlos Jobet and undersecretary Francisco Javier López follow. Energy Minister, Juan Carlos Jobet Jobet […]

Venezuelan Oil Sector Still Confronts Headwinds

(Energy Analytics Institute, 29.Jun.2021) — Venezuela continues to confront headwinds from legal uncertainties to transparency issues to a new tariff on its bitumen exports to […]

Venezuela’s Oil Sector Needs Private Investors

(Energy Analytics Institute, 29.Jun.2021) — The private sector must be reintegrated to increase production in Venezuela as it’s the only viable way the country could […]

Argentina Fuel Sales Drop 8.1% In May 2021

(Energy Analytics Institute, 29.Jun.2021) — Argentina reported that fuel sales in May 2021 fell an average 8.1% compared to April 2021, according to a report […]

LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output

(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador […]

Indian Oil Corp. Buys Its First Guyanese Oil

(Reuters, 29.Jun.2021) — Indian Oil Corp (IOC.NS), the country’s top refiner, has made its first purchase of Guyana’s Liza light sweet crude as it seeks […]

Colombia To Launch Hydrogen Road Map

(Reuters, 29.Jun.2021) — Colombia will launch plans in September to develop the production and use of hydrogen as a long-term clean energy source, the Minister […]

Sempra Gives Strategic Update, Financial Outlook

(Sempra, 29.Jun.2021) — Sempra‘s (NYSE: SRE) (BMV: SRE) senior management team is providing an update on the company’s strategy, operations and financial outlook at its […]

Maverix Buys Royalty Portfolio From Pan American Silver

(Maverix Metals, 29.Jun.2021) — Maverix Metals Inc. (NYSE American: MMX) (TSX: MMX) announced acquisition of a portfolio of precious metals royalties from Pan American Silver […]

Magna Achieves Full-Scale Production At San Francisco

(Magna Gold, 29.Jun.2021) — Magna Gold Corp. (TSXV: MGR), (OTCQB: MGLQF) achieved full-scale and steady state commercial production at its 100% owned flagship San Francisco […]

New Pacific Starts Initial Drilling At Carangas Silver Project

(New Pacific, 29.Jun.2021) — New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) commenced an initial discovery drill program at the Carangas Silver Project, Oruro Department, […]

PDVSA Restarts Drilling Campaign Suspended Since 2019

(S&P Global, 29.Jun.2021) — In the second half of the year, Venezuela’s state-owned PDVSA will restart the drilling of oil wells while intensifying work to […]

Solaris Reveals Results Of Annual General Meeting

(Solaris, 29.Jun.2021) — Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) announces that all matters presented for approval at Solaris’ annual meeting of shareholders held today, […]

Vista Reveals JV With Trafigura For Vaca Muerta Development

(Vista Oil, 28.Jun.2021) — Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) announced that its wholly-owned subsidiary Vista Oil & Gas Argentina […]

Glencore Snaps Up BHP, Anglo Stakes In Colombian Coal Mine

(Reuters, 28.Jun.2021) — Diversified miner Glencore will become the sole owner of the Cerrejon thermal coal mine in Colombia by buying out partners BHP and […]

Eco Atlantic Reveals Investment In Guyana

(Eco Atlantic, 28.Jun.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) closed a transaction with JHI Associates Inc., a private company incorporated […]

Petrobras On Divestment Of Interest In Deten

(Petrobras, 28.Jun.2021) — Petrobras, following up on the release disclosed on 2 June 2021, related to the sale of its 27.88% interest in Deten Química […]

Petrobras Starts Contracting For Hydrotreatment Unit

(Petrobras, 28.Jun.2021) — Petrobras started an international bidding process, in EPC (engineering, procurement and construction) mode, for the implementation of a new diesel hydrotreatment unit […]

KBR Inks FCC Deal With Raízen Argentina

(KBR, 28.Jun.2021) — KBR (NYSE: KBR) has been awarded a contract by Raízen Argentina for modernizing the Fluid Catalytic Cracking (FCC) unit at its Buenos […]

Vista, Trafigura To Accelerate Vaca Muerta Development

(Vista Oil, 28.Jun.2021) — Vista Oil & Gas and Trafigura Argentina signed a joint investment agreement for the development of 20 oil wells in the […]

Brazil A Complex Place To Do Business

(TMF Group, 28.Jun.2021) — The comprehensive report by TMF Group, a leading professional services firm, analyses rules, regulations, tax rates, penalties and compliance issues across […]