Energy Analytics Institute (EAI)

Petrobras’ Executive Board Approves Sale of Stake in Cherne and Barre Fields

(Petrobras, 17.Apr.2024) — Petrobras said its Executive Board approved the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters […]

OFAC Issues GL44A to Replace GL44 in Venezuela

(Energy Analytics Institute, 17.Apr.2024) — The U.S. Office of Foreign Assets Control (OFAC) issued General License 44A, which supersedes and replaces General License 44, and […]

Negotiations Fail to Renew Venezuela Sanctions Relief License

(S&P Global, 17.Apr.2024) — A few hours before the expiration of a temporary oil and gas sanctions relief license, the governments of Venezuela and the […]

Infinium and Kinetik Reach Innovative CO2 Utilization Deal

(Infinium, 16.Apr.2024) — Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings Inc. (NYSE: KNTK) to purchase carbon dioxide (“CO2”) captured […]

Judge Suspends Effects of Petrobras Board Member Suspension

(Energy Analytics Institute, 16.Apr.2024) — Brazilian energy giant Petrobras said the reporting judge of the 4th Panel of the Federal Regional Court of the 3rd […]

KBR and GeoLith to Offer Zero-Emission Lithium Technology Globally

(KBR, 15.Apr.2024) — KBR (NYSE: KBR) has signed an alliance agreement with GeoLith SAS to offer its advanced Direct Lithium Extraction (DLE) technology, Li-Capt®. This technology enables […]

ENGIE Energía Chile Reveals Expiration of Cash Tender

(EECL, 15.Apr.2024) — ENGIE Energía Chile S.A. (EECL) said its previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 4.500% […]

Pemex to Remain A Fiscal Challenge for Next President of Mexico

(S&P Global Ratings, 15.Apr.2024) — Mexico’s relationship with state-owned oil giant Pemex will remain a fiscal challenge for the country’s next presidential administration, said S&P […]

US Not to Renew Easing of Venezuela Oil Sanctions Unless Progress Made on Elections

(Reuters, 15.Apr.2024) — The U.S. will not renew a temporary license set to expire on Thursday that widely eased sanctions on Venezuela’s oil and gas […]

EQT Inks Non-Operated Asset Transaction with Equinor

(EQT, 15.Apr.2024) — EQT Corporation (NYSE: EQT) entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% […]

Equinor Swaps Onshore US Assets with EQT

(Equinor, 15.Apr.2024) — Equinor and EQT Corporation agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio for a stake […]

SLB Awarded Three Completion Contracts for Petrobras’ Buzios Field

(SLB, 15.Apr.2024) — SLB (NYSE: SLB) has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea […]

Xi Jinping on the Belt and Road Initiative and Readers in Chile

(Beijing Review, 13.Apr.2024) — The Spanish edition of Xi Jinping on the Belt and Road Initiative is helping Latin American countries better understand and participate […]

Power Nickel Closes Oversubscribed Private Placement

(Power Nickel, 12.Apr.2024) — Power Nickel Inc.(TSXV: PNPN) (OTCBB: CMETF) (Frankfurt: IVV) closed its previously announced private placement of common shares at $0.20 per common […]

SBM Awarded Contracts for ExxonMobil Guyana’s FPSO Jaguar

(SBM, 12.Apr.2024) — SBM Offshore announced that ExxonMobil Guyana Limited (EMGL) has confirmed the award of contracts for the Whiptail development project located in the […]

ExxonMobil Guyana Takes $12.7bn FID with Sixth Project Whiptail

SPRING, TEXAS (ExxonMobil, 12.Apr.2024) — ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory […]

Repsol Completes Construction of Frye Solar, its Largest Solar Plant in the US

(Repsol, 11.Apr.2024) — Repsol completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW […]

Golden Arrow Updates on Agreement at San Pietro IOCG

(Golden Arrow, 11.Apr.2024) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) reported on the status of the option granted to Sociedad de Servicios Andinos SpA […]

Petrobras Looks to Overturn Decision Regarding Pietro Adamo

(Energy Analytics Institute, 11.Apr.2024) — Brazilian energy giant Petrobras said a precautionary decision was issued on 11 Apr. 2024 in the context of a popular […]

PetroTal Announces Q1 2024 Operations and Corporate Updates

(PetroTal, 11.Apr.2024) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the following operational, financial and corporate updates. All amounts are in US dollars […]

GeoPark In Exclusive Dealings to Buy Unconventional Blocks in Vaca Muerta

(GeoPark, 11.Apr.2024) — GeoPark Limited (NYSE: GPRK) has submitted a binding offer to acquire a non-operated working interest (WI) in unconventional blocks in the Neuquen […]

GoGold Reports Quarterly Production at Parral

(GoGold, 10.Apr.2024) —GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) reported production ending 31 Mar. 2024 of 375,745 silver equivalent ounces, consisting of 138,657 silver ounces, 2,184 gold ounces, 93 tonnes of […]

China Remains the Clear Energy Transition Leader

(BloombergNEF, 10.Apr.2024) — Despite posting only modest growth in 2023, China remains by far the largest market for energy transition spending, reaching $676bn in 2023, […]

Petrobras Finds Oil in Ultra-Deep Waters of the Potiguar Basin

(Petrobras, 9.Apr.2024) — Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The […]

APA Corp. Updates on Executive Leadership Changes

(APA Corp., 9.Apr.2024) — APA Corporation (Nasdaq: APA) announced updates to its executive leadership team to coincide with a restructuring of its development function and […]

BP in Talks to Sell Some Trinidad Upstream Gas Assets to Perenco

(Reuters, 8.Apr.2024) — BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, […]

Petrobras Comments on Decision in Popular Action

(Energy Analytics Institute, 8.Apr.2024) — Petrobras said that on 5 Apr. 2024 a precautionary decision was published within the scope of a popular action in […]

Petrobras Evaluating Draft of Public Call for Tenders

(Energy Analytics Institute, 8.Apr.2024) — Petrobras is technically evaluating the draft of the public call for tenders, as is its regular practice whenever alternatives are […]

Joint Statement from Papua New Guinea and TotalEnergies

(TotalEnergies, 8.Apr.2024) — Papua New Guinea Prime Minister James Marape and TotalEnergies Chairman and CEO Patrick Pouyanné met together to discuss the status of the […]

S&P Upgrades CGG’s Long Term Debt

(CGG, 8.Apr.2024) — CGG announced that S&P Global Ratings has upgraded the company’s issuer credit rating to ‘B’ from ‘CCC+’. S&P noted “a markedly stronger […]

Petrobras on Extraordinary Dividend Payment

(Energy Analytics Institute, 6.Apr.2024) — Brazilian energy giant Petrobras, in regards to recent news published in by the local media in Brazil, clarifies that the […]

MEEI Says Cove Operations Moving to Hydrocarbon Removal Phase

(Ministry of Energy and Energy Industries, 5.Apr.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that steps have been taken to progress operations […]

Ecopetrol Announces Senior Management Changes

(Ecopetrol, 5.Apr.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the following senior management changes: Ana Milena López, submitted her voluntary resignation as Corporate Vice President […]

Chevron Invests in Carbon Capture and Removal Technology Company, ION Clean Energy

(Chevron, 4.Apr.2024) — Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion […]

Petrobras Comments on Upcoming General Meeting

(Energy Analytics Institute, 4.Apr.2024) — Rio de Janiero-based Petrobras, with regards to news published by the local Brazilian media about the payment of extraordinary dividends, […]

Venezuelan Production with US Sanctions Not Reimposed, Reimposed: Rystad

(Rystad Energy, 4.Apr.2024) — As the deadline for US sanctions relief on Venezuela ends on 18 Apr. 2024, the outlook for the South American nation’s […]

MEEI Head Young Meets with Methanex Country President Bain

(MEEI, 3.Apr.2024) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, met […]

No Sun? No Big Deal

(CMS Energy, 3.Apr.2024) — In ancient times, some thought a dragon was swallowing the sun, or that it was the end of the world. These […]

TotalEnergies Launches New Battery Storage Project in Belgium

(TotalEnergies, 3.Apr.2024) — On the occasion of Belgian Energy Minister Tinne Van der Straeten’s visit to TotalEnergies‘ Antwerp refinery battery storage project, the company announced […]

PGS Commences MultiClient 3D Survey in Penyu Basin, Offshore Malaysia

(PGS, 3.Apr.2024) — PGS, a fully integrated marine geophysical company, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient […]

TGS Starts Penyu Basin Multi-Client Offshore Peninsular Malaysia

(TGS, 3.Apr.2024) — TGS, a global energy data and intelligence provider, alongside JV consortium partners PGS and SLB, announces the commencement of a multi-client 3D seismic […]

Phillips 66 Increases Quarterly Dividend

(Phillips 66, 3.Apr.2024) — The board of directors of Phillips 66 (NYSE: PSX) declared a quarterly dividend of $1.15 per share on Phillips 66 common […]

Petrobras on Minority Shareholders’ Nominations for BODs, Fiscal Council

(Petrobras, 3.Apr.2024) — Petrobras, following up on the communication from 20 Mar. 2024, informs that it has received correspondence from minority shareholders holding common shares […]

Valmet Completed Acquisition of Process Gas Business from Siemens

(Valmet Oyi, 2.Apr.2024) — Valmet has completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG. The closing of the transaction […]

Hanwha Bids for Shipbuilding Leader Austal

(Hanwha, 2.Apr.2024) — Hanwha Group has submitted an indicative offer to the Australian headquartered Austal board to acquire the global business of Austal, via a scheme […]

Maurizio Coratella Named McDermott EVP and COO

(McDermott, 2.Apr.2024) — McDermott announced Maurizio Coratella as Executive Vice President and Chief Operating Officer effective 1 May 2024. In his new role, Coratella will apply his more than three […]

Bendito Resources Pursues Strategic Acquisition of Mt. Hamilton Gold Project

(Bendito Resources, 2.Apr.2024) — Bendito Resources Inc. has entered into a Membership Interest Purchase Agreement with Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, […]

PETRONAS and JERA to Explore Value Chain Between Japan and Malaysia

(PETRONAS, 2.Apr.2024) — PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement (JSA) with JERA Co., Inc, to […]

White House Open to Ending LNG Export Pause

(Reuters, 2.Apr.2024) — U.S. officials are open to ending President Joe Biden’s pause on approvals of liquefied natural gas exports to get a Ukraine aide […]

SLB to Buy ChampionX in an All-Stock Deal

(SLB, 2.Apr.2024) — SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. […]