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Chile, Rotterdam Ink Green Hydrogen Deal

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(Energy Analytics Institute, 17.Jan.2021) — Chile signed a historic first memorandum of understanding (MOU) together with Rotterdam port authorities for the export-import of green hydrogen. “This is excellent news for Chile and the world,” Chile’s Energy and Mining Minister Juan Carlos Jobet said 17 March 2021 in an official statement […]

Guyana Basins Summit Day 1 Recap

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(Energy Advance, 17.Mar.2021) — Yesterday saw his Excellency Hon. Dr. Mohamed Irfaan Ali, President, Co-operative Republic of Guyana open the Guyana Basins Summit and declare Guyana is a sleeping giant in investment opportunities. President Ali noted that while the Summit is not necessarily confined to oil and gas, the sector […]

Guyana’s Liza 1 Reaches Full Capacity

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(Reuters, 17.Mar.2021) — Guyana’s President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd). Ali told the Guyana Basins Summit that he expected an additional 10 exploration and appraisal wells […]

Guyana Basins Summit: 17-19 March 2021

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(Energy Advance, 17.Mar.2021) — GBS 2021 is the the meeting place for industry executives, experts, government stakeholders, local business owners  delivering networking and valuable insight into the region’s potential; its challenges and the road ahead. GBS will feature a wealth of content, solutions, an abundance of networking opportunities and provide […]

Solaris Appoints Thomson To Board

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(Solaris Resources, 16.Mar.2021) — Solaris Resources Inc. announced appointment of Mr. Kevin Thomson to its Board of Directors effective immediately. Mr. Thomson brings over 35 years of senior strategic mergers and acquisitions experience in the mining industry. Mr. Thomson currently serves as Senior Executive Vice President, Strategic Matters for Barrick […]

Great Panther On Management Change

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(Great Panther, 16.Mar.2021) — Great Panther Mining Limited announces that Jim Zadra, the company’s Chief Financial Officer, has departed the company effective 15 March 2021. The responsibilities of Mr. Zadra will be transitioned to the company’s existing management team, including Mr. Shawn Turkington, CPA, CA, the company’s Vice President, Finance, […]

Amyris, Minerva Eye Zero Carbon Output

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(Amyris, 16.Mar.2021) — Amyris, Inc., a synthetic biotechnology company active in the Clean Health and Beauty markets through its consumer brands and a top supplier of sustainable and natural ingredients, announced today that it has signed a memorandum of understanding for a partnership with Minerva Foods of Brazil to develop […]

Auger Drill Program Underway At The Southern Gold Line Project, Sweden

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(Capella Minerals, 15.Mar.2021) — Capella Minerals Ltd. advised that an auger till sampling program is now underway on the RötjĂ€rnen claim block, which lies at the southern end of the company’s Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards […]

Petrobras Informs Of Committee Meeting

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(Petrobras, 15.Mar.2021) — Petrobras, in relation to the pieces of news published in the media, informs that its People Committee will hold a meeting tomorrow and, until this moment, among the items on its agenda, there is the analysis of Mr. Joaquim Silva e LunaÂŽs appointment for Petrobras, with the […]

Shell Completes Sale Of Interest In QCLNG

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(Shell, 15.Mar.2021) — QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has completed the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for $2.5bn, following the receipt of regulatory approval. The sale was announced […]

Frontera Announces Normal Course Issuer Bid

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(Frontera, 15.Mar.2021) — Frontera Energy Corporation announces that the Toronto Stock Exchange (TSX) has accepted its notice to initiate a normal course issuer bid (the “NCIB”) for its common shares. Pursuant to the NCIB, Frontera may purchase up to 5,197,612 common shares during the twelve-month period commencing 17 March 2021 […]

Argentine President Targeted By Mob

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(Bloomberg, 15.Mar.2021) — Argentine President Alberto Fernandez had to dodge protesters to get onto a minibus that was then pelted with stones as environmentalists battle a move to give mining the green light in Chubut. In the Patagonian province to check on efforts to extinguish forest fires, Fernandez was caught […]

Sungrow To Supply Solar Project In Brazil

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(Sungrow, 14.Mar.2021) — Sungrow, the global leading inverter solution supplier for renewables, will supply the SG3125HV central inverter solution for the implementation of the project Sol do SertĂŁo Solar after an agreement with Essentia Energia, a new Renewable Energy firm created by PĂĄtria Investimentos. The projects will be implemented in […]

Maersk Drilling Annual Meeting Notice

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(Maersk Drilling, 12.Mar.2021) — The Drilling Company of 1972 A/S (Maersk Drilling) will hold its Annual General Meeting on Thursday 8 April 2021 at 10.00 AM (CEST). The Annual General Meeting will be held as a completely electronic general meeting without the possibility of physical attendance. The documents to be […]

Petrobras Says Board, CEO To Fulfill Terms

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(Petrobras, 12.Mar.2021) — PetrĂłleo Brasileiro S.A. or Petrobras, regarding the piece of news in the media, clarifies that the members of the Executive Board and the CEO are committed to fulfilling their terms, which end on 20 March 2021. As per art. 150, § 4, of Law 6.404/76, after this […]

PdV Refinery Suspends Petrol Production

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(Argus, 12.Mar.2021) — Venezuelan state-owned PdV suspended gasoline production at its 305,000 b/d Cardon refinery this week as a result of more equipment breakdowns. Cardon was producing about 45,000 b/d of gasoline before a compressor failure shut down the plant’s 54,000 b/d naphtha reformer. The failure of steam supply units […]

Ecuador, PTT Renegoitiate New Oil-For-Loan Deal

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(Reuters, 11.Mar.2021) — Ecuador has reached a preliminary agreement with a unit of Thailand’s state-run PTT PCL to extend to 2024 the payment period of an oil-for-loan agreement that was originally planned to be fully paid through 2022, the country’s energy minister said on Thursday. State-run oil company Petroecuador was […]

Bolivia Seeks To Cut Diesel Imports

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(Argus, 11.Mar.2021) — Bolivia is laying out concrete plans for a hydrotreated vegetable oil (HVO) diesel plant that it hopes will replace 40pc of conventional diesel imports. Hydrocarbons minister Franklin Molina told Argus that the government has finished conceptual engineering for the 8,200 b/d project and wants a front-end design […]

Guyana Still Searching For Oil Marketer

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(Argus, 11.Mar.2021) — Guyana is preparing a revised tender to market its crude entitlement from the ExxonMobil-operated deepwater Stabroek block after cancelling an earlier request for proposals last month, natural resources minister Vickram Bharrat told Argus today. This will be the third effort by the new oil producer to find […]

Gold Royalty Announces Closing Of IPO

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(Gold Royalty Corp., 11.Mar.2021) — Gold Royalty Corp. and GoldMining Inc. announced the closing of GRC’s initial public offering of 18,000,000 units of GRC at a price of $5.00 per Unit. The gross proceeds to GRC from the offering were $90mn. GRC plans to use the net proceeds from the […]

Venezuela’s Stations Offer Fuel, Liquor

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(Bloomberg, 11.Mar.2021) — Welcome to Venezuela’s new gasoline stations: They boast digital fuel pumps and high-end, imported liquor. They’re plastered in fresh coats of bright yellow and red paint. And in what’s become a rarity these days, they actually have gasoline to sell — for a price that very few can […]

EPM On Success Of Modular FACTS

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(Smart Wires, 10.Mar.2021) — EPM innovates to serve their customers by investing in solutions that improve quality of life throughout their service territory. To fulfil this purpose, EPM announces its successful application of Modular FACTS (Flexible Alternating Current Transmission Systems). This places EPM at the forefront of the electricity sector […]

Quito Electric Inaugurates Pifo Substation

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(Energy Analytics Institute, 10.Mar.2021) — The Quito Electric Company (EEQ) inaugurated substation (S/E) No. 46 Inga Bajo, located in the Itulcachi sector, in the rural parish of Pifo. The investment in the substation was $3.4mn. The project will contribute to energy development in Pifo, guarantee new connections, and supply industrial […]

Total To Continue Suriname Exploration

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(Argus, 10.Mar.2021) — Total and Apache Corp. will continue their oil exploration program offshore of Suriname after ceasing drilling in one key test well upon facing “substantial pressure increases,” but only after they had already struck oil at shallower depths. The Total and Apache joint venture is attempting to turn […]

Franco-Nevada Reveals Record Results

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(Franco–Nevada, 10.Mar.2021) — “In 2020, the challenges of the COVID-19 pandemic highlighted the diversity of our portfolio, the commitment of our staff, and the resolve of the employees and communities at our assets,” stated Paul Brink, CEO. “With record precious metals prices through the year and the recovery of energy […]

Mexican Electric Law Temporarily Cut

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(Argus, 11.Mar.2021) — A court temporarily suspended Mexico’s new electricity law yesterday, a day after it took effect, signaling the start of a wave of litigation against the controversial reform. “While this interim relief was requested by one company, it will have general effect,” stated a Mexico City court judgment […]

The Biden Administration And Venezuela

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(CFR, 9.Mar.2021) — On March 8, the Biden administration gave the first real insight into its Venezuela policy, and the news was a mixture of good policy, politics, and nonsense. The good policy was the announcement of Temporary Protected Status (TPS) for Venezuelans already in this country. That means the […]

Ecuador Eyes Conolophus Photovoltaic Project

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(Energy Analytics Institute, 5.Mar.2021) — Ecuador plans to install 14.8 megawatts (MW) of photovoltaic generation with 40.9 MWh batteries on Santa Cruz Island with estimated private investment of $45mn. Companies interested in development of the Conolophus photovoltaic project on the Galapagos Islands have until end of day 5 March 2021 […]

Exxon’s Bulletwood-1 Finds Non-Commercial Volumes

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(Westmount Energy, 4.Mar.2021) — Westmount Energy Limited, the AIM-quoted oil and gas investing company focused on the Guyana-Suriname Basin reports that, further to its announcement on 2 March 2021, it has received a shareholder communication from its investee company, JHI Associates Inc., which confirms that the first well on the […]

AES Sets Robust Near- And Long-Term Goals

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(AES Corp. 3.Mar.2021) — The AES Corporation announced robust near- and long-term goals. “The energy sector is evolving as a result of decarbonization, electrification and digitalization, and AES is uniquely positioned to take advantage of this shift,” said AndrĂ©s Gluski, AES President and Chief Executive Officer.  “Over the next five […]

Kootenay Commences Drilling In Mexico

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(Kootenay Silver, 3.Mar.2021) — Kootenay Silver Inc. announced that a 5,000-meter core drilling program has commenced at the Columba silver project, located in Chihuahua State, Mexico. The Program will focus on step out and infill drilling on impressive results to date in the high-grade F-vein and its associated hanging wall […]

Exxon Vows To Lift Returns

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(Bloomberg, 3.Mar.2021) — Exxon Mobil Corp. pledged to boost the S&P 500 Index’s third-largest dividend and end two years of cash burn by bringing on high-profit oil and chemical projects while trimming expenses. Exxon’s developments in Guyana and the U.S. Permian Basin will generate 10% returns even if crude dips […]

Frontera Reports YE:20 Reserves

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(Frontera, 3.Mar.2021) — Frontera Energy Corporation announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (D&M). All dollar amounts in this news release and the Company’s financial disclosures are in United States dollars, unless otherwise noted. Richard Herbert, Chief Executive Officer, commented: “In 2020, Frontera […]

Orvana Updates On Judicial Process In Spain

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(Orvana Minerals Corp., 3.Mar.2021) — Orvana Minerals Corp. provided an update on its subsidiary’s OroValle Minerals S.L., ongoing judicial process which started in 2015. This Process has been continuously disclosed and updated in the company’s quarterly financial statements since 30 June 2015 The Process relates to selenium discharge levels in […]

Sungrow Launches 75 kW String Inverter In Brazil

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(Sungrow, 2.Mar.2021) — Sungrow, the global leading inverter solution supplier for renewables, rolled out the Company’s latest commercial string inverter SG75CX for Brazilian micro-generation power plants, showcasing the Company’s continued commitment to comply with the regional power demand and decarbonize the local economy. The Brazilian solar market has not been […]

Oceaneering Says Collins To Succeed Huff As Chairman

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(Oceaneering, 2.Mar.2021) — Oceaneering International, Inc. announced that John R. Huff will retire as a member and Chairman of the Board of Directors immediately following the 2021 Annual Meeting of Shareholders, and T. Jay Collins will succeed Mr. Huff as Chairman.  Mr. Collins has been a director of Oceaneering since 2002.  […]