Energy Analytics Institute (EAI)

G Mining Ventures and Reunion Gold Announce Combination

(G Mining, 22.Apr.2024) — G Mining Ventures Corp. (GMIN) (TSX: GMIN) (OTCQX: GMINF) and Reunion Gold Corporation (RGD) (TSXV: RGD) (OTCQX: RGDFF) entered into a definitive agreement to combine the two […]

Port of Corpus Christi Announces 1Q:24 Volumes

(Port of Corpus Christi, 19.Apr.2024) — The Port of Corpus Christi and its customers moved 48.9 million tons through the Corpus Christi Ship Channel in […]

Deals Show Enduring Appeal of US Gas

(Rystad Energy, 19.Apr.2024) — European companies have been cautiously adding to their upstream positions. More deals could follow. Ed Crooks examines the forces shaping the […]

JinkoSolar Repurchased 3,246,425 ADSs under Its Share Repurchase Program

(JinkoSolar, 18.Apr.2024) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that as of the date of this press release, the company has repurchased a total […]

Petrobras Inks MOU with Chinese Company CNCEC

(Energy Analytics Institute, 18.Apr.2024) — Petrobras inked a memorandum of understanding with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies […]

Petrobras Updates about Intermediaries of its Share Buyback Program

(Petrobras, 18.Apr.2022) — Petrobras, following up on the Material Fact disclosed on 4 Aug. 2023, informs, for the purposes of item 11 of Annex G […]

Santos Reports 1Q:24 Results

(Santos, 18.Apr.2024) — Santos reported strong first quarter free cash flow generation and major project delivery. Focus on operational excellence generates strong free cash flow […]

US Reimposes Venezuela Oil Sanctions

(Argus, 17.Apr.2024) — The US administration today reimposed sanctions targeting Venezuela’s oil exports and energy sector investments and set a deadline of 31 May for […]

MEEI Says OFAC GL44A Doesn’t Impact Trinidad’s Amended License

(Trinidad and Tobago Ministry of Energy and Energy Industries, 17.Apr.2024) — The Office of Foreign Assets Control (OFAC), Department of Treasury of the United States Government […]

Expiration of US Oil License to Venezuela to Impose a Ceiling on Output Growth

(Reuters, 17.Apr.2024) — The expiration of the widest U.S. license so far granted to Venezuela’s oil and gas industry will put a ceiling on the South […]

June Deadline set for Citgo Auction Bids

(Argus, 17.Apr.2024) — Bidders for Citgo‘s US refining assets have until 11 June to submit offers for the company’s 805,000 b/d of refining capacity and […]

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

RIO DE JANEIRO, BRAZIL (By Petrobras, 9.Apr.2024, Words: 552) — Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in 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 […]