Energy Analytics Institute (EAI)

TotalEnergies Reports 2Q:24 Results, Eyes Suriname Block 58 FID

(TotalEnergies, 25.Jul.2024) —The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on 24 July 2024, to approve the second quarter 2024 […]

Polls Open in Venezuelan Election That Could Lead to Seismic Shift

(AP, 27.Jul.2024) — Venezuelans are voting Sunday in a presidential election whose outcome will either lead to a seismic shift in politics or extend by six more […]

Luca Mining Completes Construction of Tahuehueto Gold Mine

(Luca, 25.Jul.2024) — Luca Mining Corp. has completed construction of its new, 100% owned Tahuehueto gold mine located in Durango State, Mexico. Tahuehueto is a fully permitted […]

Eni Reports 2Q:24. and 2H:24 Results

(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. […]

Repsol Reveals New Share Buyback, Updates on Venezuela

(Repsol, 26.Jul.2024) — Repsol posted net income of €1.626bn in the first half of 2024, up 14.5%, a period marked by the presentation and implementation of […]

Pemex Reports 2Q:24 Financial, Operational Results

(Pemex, 26.Jul.2024) — Regarding financial results, Pemex reported a net loss of MXN 255.9bn was obtained in 2Q:24, MXN 281.4bn lower than the net profit of […]

PETRONAS, Enilive and Euglena Take FID on Biorefinery in Malaysia

(Eni, 26.Jul.2024) — Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. have reached the final investment decision […]

Touchstone on All Share Offer for Trinity

(Touchstone, 25.Jul.2024) — Touchstone Exploration Inc. notes the announcement made yesterday by Trinity Exploration and Production Plc. regarding a possible cash offer for Trinity (the “Possible […]

GAR Boosts Presence with New Storage Capacity in Europe´s Largest

(GAR, 25.Jul.2024) — Golden Agri-Resources (GAR) announced a new lease partnership for storage capacity at the state-of-the-art Chane terminal in Rotterdam, the largest port in Europe. The first shipment […]

Petrobras Sells Bunker Fuel with Renewable Content

(Petrobras, 25.Jul.2024) — This week, Petrobras sold a marine fuel with renewable content (the VLS B24) to supply ships off the Brazilian coast. Petrobras is the country’s […]

In Gas-rich Venezuela, Next President Faces Problem of Producing It

(Reuters, 24.Jul.2024) — Griselda Ascanio keeps an improvised wood-burning stove ready in her backyard in Maracay, 120 kilometers (75 miles) from Venezuela’s capital, for the frequent gas-supply […]

IsoEnergy Announces Strategic Sale of its Argentina Portfolio

(IsoEnergy, 22.Jul.2024) — IsoEnergy Ltd. has completed the sale (the “Transaction“) to Jaguar Uranium Corp. of 100% of the issued and outstanding shares (the “Target Shares“) […]

Plenitude Completes new 39 MW Wind Farm in Calabria

(Eni, 25.Jul.2024) — Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province […]

Eni on Approval of First Tranche of 2024 dividend: € 0.25/Share

(Eni, 25.Jul.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, today resolved to distribute to Shareholders the first of the four tranches of the provision […]

TotalEnergies Launches Battery Storage Development in Germany

(TotalEnergies, 25.Jul.2024) — TotalEnergies has taken the final investment decision for a 100 MW /200 MWh battery storage project in Dahlem, North Rhine-Westphalia. This is the […]

TotalEnergies Buys Interest in OranjeWind Offshore Wind Farm

(TotalEnergies, 25.Jul.2024) — TotalEnergies signed agreements with German renewable developer RWE, to acquire a 50% stake in OranjeWind, a 795 MW offshore wind farm under development […]

TotalEnergies Announces Second Interim Dividend of €0.79/Share

(TotalEnergies, 25.Jul.2024) — The Board of Directors meeting on 24 July 2024 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the […]

Noble and Diamond Offshore Provide Transaction Update

(Noble, 25.Jul.2024) — Noble Corporation plc and Diamond Offshore Drilling, Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation […]

Ecovyst Makes Equity Investment in Pajarito Powder

(Ecoyvst, 25.Jul.2024) — Ecovyst Inc. announced a key equity investment of $4.5mn in Pajarito Powder, an innovative materials science company that specializes in supports and catalysts required for […]

Petrobras Reveals Redemption Price for 4.750% Global Notes due 2025

(Petrobras, 24.Jul.2024) — Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) has delivered notices to the holders of the outstanding 4.750% Global Notes […]

Core Lab Reports 2Q:24 Results

(Core Lab, 24.Jul.2024) — Core Laboratories Inc. reported second quarter 2024 revenue of $130,600,000. Core’s operating income was $16,000,000, with diluted earnings per share (“EPS”) of $0.19, all in […]

Port of Corpus Christi Reports 2Q:24 Volumes

(The Port of Corpus Christi, 23.Jul.2024) —The Port of Corpus Christi customers moved 50.1 million tons through the Corpus Christi Ship Channel in the second […]

Woodside Reports 2Q:24 Results

(Woodside, 23.Jul.2024) — Woodside Energy reported quarterly production of 44.4 MMboe (488 Mboe/day), down 1% from Q1 2024 due to planned maintenance activities, weather impacts at […]

Flowserve Acquires LNG Pumping Technology from NexGen Cryo

(Flowserve, 23.Jul.2024) — Flowserve Corporation acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging […]

Glenfarne and EQT Execute Binding LNG Tolling Agreement

(Glenfarne, 23.Jul.2024) — Texas LNG Brownsville LLC, a four million tonnes per annum (mtpa) liquefied natural gas (LNG) export terminal to be constructed in the […]

Atlas and Kodiak Ink Deal for Autonomous Trucking Technology

(Atlas Energy, 23.Jul.2024) — Atlas Energy Solutions Inc. and Kodiak Robotics, Inc. announced that the two companies have entered into an agreement whereby Kodiak will […]

New Fortress Closes $700mn Loan for Second FLNG Unit

(New Fortress, 17.Jul.2024) — New Fortress Energy Inc. announced that after successfully producing LNG at its first FLNG unit (“FLNG 1”), the company has closed its […]

Woodside to Acquire Tellurian: Transcript

(Woodside, 22.Jul.2024) — Woodside Energy Group Limited held an investor call to discuss its $900mn all-cash acquisition of Tellurian, Inc., which is developing Driftwood LNG. ____________________

Frontera Energy announces agreement between Puerto Bahia and GASCO

(Frontera, 22.Jul.2024) — Frontera Energy Corporation announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. have entered into a Framework […]

OXY Announces Commencement of Exchange Offer for CrownRock Notes

(Occidental, 19.Jul.2024) — Occidental announced that it has commenced a private exchange offer to certain eligible holders (the “Exchange Offer”) for any and all outstanding 5.000% […]

Tellurian to be Acquired by Woodside for Approximately $900mn

(Tellurian, 21.Jul.2024) — Tellurian Inc. has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd pursuant to which Woodside will acquire all […]

Woodside to Acquire Tellurian for $1/share, Create LNG Powerhouse

(Woodside, 22.Jul.2024) — Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US […]

Petrobras and Braskem Complete Tests for Renewable Content Chemical Product

(Petrobras, 19.Jul.2024) — Petrobras has successfully finished a series of industrial-scale tests to produce a Light Hydrocarbon Stream (LHR) rich in ethylene, incorporating renewable content. Over the […]

Petrobras Updates on Reimbursement from Partners

(Petrobras, 19.Jul.2024) — Petrobras, following up on the release disclosed on 17 June 2024, informs that obtained the approval of partners in E&P consortiums for reimbursement to […]

Ecopetrol Informs of Ongoing Negotiations with Occidental

(Ecopetrol, 19.Jul.2024) — Ecopetrol S.A. informs that it is engaged in conversations with Occidental Petroleum Corp. (OXY) oriented to consider the potential acquisition by Ecopetrol of […]

Exxon plans new Guyana oil project to lift output into 2030s

(Bloomberg, 18.Jul.2024) — Exxon Mobil Corp. took the first step toward its seventh oil project in Guyana, a clear signal the supermajor intends to expand crude […]

QatarEnergy Boosts Participation Offshore Suriname

(QataEnergy, 18.Jul.2024) — QatarEnergy signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname. Pursuant […]

World Bank Releases Report on Offshore Wind in Brazil

(World Bank, 17.Jul.2024) — The World Bank Group released a study on “Scenarios for Offshore Wind Development in Brazil” conducted by DNV, the global independent energy […]

Kinder Morgan Reports 2Q:24 Financial Results

(Kinder Morgan, 17.Jul.2024) — Kinder Morgan, Inc.’s board of directors today approved a cash dividend of $0.2875 per share for the second quarter ($1.15 annualized), […]

Experts Call for ‘Serious’ Debate About Fracking in Mexico

(S&P, 16.Jul.2024) — Given the large amount of unconventional hydrocarbon resources found in Mexico and how much fracking technology has advanced, the country cannot afford to […]

Energy Transfer and Sunoco Announce Strategic Permian JV

(Energy Transfer, 16.Jul.2024) – Energy Transfer LP and Sunoco LP announced the formation of a joint venture combining their respective crude oil and produced water gathering […]

TotalEnergies and SSE Join Forces, Create Source

(TotalEnergies, 16.Jul.2024) — TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure […]

JinkoSolar to Form a JV with RELC and VI in Saudi Arabia

(JInkoSolar, 16.Jul.2024) – JinkoSolar Holding Co., Ltd. announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC, has entered into a shareholders agreement (the “Agreement”) with […]

Aker Horizons ASA 2Q:24

(Aker, 16.Jul.2024) – Aker Horizons ASA announced results for the second quarter 2024. Aker Horizons’ net capital employed stood at NOK 7.1bn, an increase of NOK 1.9bn from the […]

ExxonMobil’s 7th project could push Guyana’s output beyond 1.5 MMb/d by 2029

GEORGETOWN, GUYANA (DPI, 16.Jul.2024) — The Environmental Protection Agency (EPA) has commenced the review of an application from ExxonMobil Guyana to develop a seventh oil project […]

Monitoring of Offshore Produced Formation Water Releases

(EPA, 15.Jul.2024) — Produced Formation Water (PFW), sometimes called Produced Water (PW) is water trapped in underground formations that is brought to the surface during […]

IPCEI Approval Paves Way at bp’s Lingen Hydrogen Project

(bp, 15.Jul.2024) – bp has been granted funding, provided jointly by BMWK and Lower-Saxony Government, as part of the European IPCEI Hy2Infra wave for a green […]

TGS Announces Early Access to Gulf Coast Storage Assessment

(TGS, 15 July 2024) – TGS announces early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the […]

CNOOC Mades Major Exploration Breakthrough in Bohai Bay

(CNOOC, 15 July 2024) – CNOOC Limited has achieved a major exploration breakthrough in Mesozoic buried hill offshore Bohai Bay. Longkou 7-1 oilfield is located […]

Record Production of S-10 Diesel at RPBC

(Petrobras, 15.Jul.2024) — In the second quarter of this year, the Presidente Bernardes Refinery (RPBC) in Cubatão (SP) recorded a record in the production of S-10 […]