Energy Analytics Institute (EAI)

Petrobras Inks Evaluation Deal with Yara Brasil Fertilizantes

(Petrobras, 28.Feb.2024) — Petrobras signed a Memorandum of Understanding (MoU) with Yara Brasil Fertilizantes S.A. to study potential business partnerships for local initiatives in the […]

Exmar and Eni Celebrate Congo’s First LNG Cargo

(Exmar, 28.Feb.2024) — Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful start-up of LNG production […]

Antaisolar Showcases Full-Scenario Solutions at PV EXPO

(Antaisolar, 28.Feb.2024) — Antaisolar, in the digital intelligent PV mounting system solutions space, showcased its innovative solutions at PV EXPO, including ground-fixed brackets, roof clamps, […]

Guyana not against Exxon acquiring Hess, VP Jagdeo says

GEORGETOWN, GUYANA (Reuters, 28.Feb.2024, Words: 95) — Guyana’s vice president Bharrat Jagdeo on Wednesday said the country will accept whatever is the result from discussions between […]

Maduro Says Venezuela’s Economy to Grow 8% in 2024

(Energy Analytics Institute, 28.Feb.2024) — Venezuela’s President Nicolás Maduro said he expects the economy of the Opec country to grow 8% in 2024. The president […]

Chevron Deal to Buy Hess at Risk as Exxon, CNOOC Eye Guyana Stake

(MarketWatch, 27.Feb.2024) — Chevron warned it may not complete its planned buyout of Hess as Exxon Mobil and the China National Offshore Oil Corporation are […]

Exxon Raises Questions About Chevron’s $53bn Deal for Hess

(The New York Times, 27.Feb.2024) — America’s two largest energy companies, Exxon Mobil and Chevron, are jousting over a prized new source of oil in […]

Chevron Corp. Files S-4, Updates on Stabroek JOA

(Energy Analytics Institute, 26.Feb.2024) — Chevron Corporation believes that the $53bn merger with Hess Corporation presents the California-based energy giant with the opportunity to diversify its […]

Petrobras and Arcelor Ink Deal Related to Low-Carbon Businesses

(Energy Analytics Institute, 26.Feb.2024) — Brazil’s state-owned Petrobras signed a Memorandum of Understanding (MOU) with Arcelor Mittal Brasil that aims to study potential mutually beneficial […]

IMF Fingerprinting Indicates Bunker Fuel Offshore Tobago

(Ministry of Energy and Energy Industries, 23.Feb.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that preliminary fingerprinting reports submitted to the MEEI […]

Petrobras on Tag-along Exercise on Stake in UEGA

(Petrobras, 23.Feb.2024) — Petrobras, following up on the release disclosed on 15 Dec. 2023, has decided to exercise the tag-along right (joint sale) for the […]

Concacaf and Aramco Ink Multi-year Partnership

(Aramco, 23.Feb.2024) — Concacaf has agreed to a multi-year Confederation-wide partnership with Aramco, a global integrated energy and chemicals company. Aramco will become the “Official […]

Woodside to Divest 15.1% Scarborough Interest to JERA

(Woodside, 23.Feb.2024) — Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; […]

Repsol CEO Josu Jon Imaz comments on Venezuela situation, Cardon IV production

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Feb.2024) — Repsol CEO Josu Jon Imaz commented on the Spanish company’s operations in Venezuela under Washington’s most recent […]

US Lower 48 Oil Production Growth to Slow in 2024

(WoodMac, 22.Feb.2024) — US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and […]

Repsol Reveals Strategic 2024-2027 Update [PDF Downloads]

(Repsol, 22.Feb.2024) — “Over the next four years we will stay the course on the strategy we presented in our previous plan to address the […]

MEEI Receives Briefing from Oil Spill Removal Specialists

(Ministry of Energy and Energy Industries, 21.Feb.2024) — Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the […]

Petrobras and BNDES Structure Fund to support Innovation Companies

(Petrobras, 21.Feb.2024) — Petrobras and the BNDES have begun studies to structure a Corporate Venture Capital (CVC) fund to support micro, small and medium-sized technology-based […]

APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]

(APA Corporation, 21.Feb.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the fourth-quarter and full-year 2023. During the fourth-quarter 2023, APA […]

First Modules Arrive for Woodside’s Scarborough Project

(Woodside, 21.Feb.2024) — The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone […]

Asia Pacific Could Become Global Energy Transition Leader

(WoodMac, 21.Feb.2024) — Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to […]

Petrobras Makes Dividend Payment

(Petrobras, 20.Feb.2024) — Petrobras, following up on the Material Facts of 11/09/2023, 11/21/2023 and 02/09/2024, informs that it will pay today the first installment of […]

Backcast Partners Announces Strategic Investment in Renegade Group

(Backcast Partners, 20.Feb.2024) — Backcast Partners, a provider of debt and equity capital for both middle-market private equity and non-private equity owned companies, announced its […]

Aker ASA Reveals Preliminary Annual Results 2023

(Aker, 20.Feb.2024) — The Net Asset Value (“NAV”) of Aker ASA and holding companies Aker was NOK 63.2bn at the end of the fourth quarter […]

Guyana’s $1.9bn gas-to-power project delayed to 2025

GEORGETOWN, GUYANA (Reuters, 20.Feb.2024, Words: 297) — Guyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power […]

MEEI Engages with Oil Spill Removal Experts

(MEEI, 20.Feb.2024) — In accordance with the National Oil Spill Contingency Plan (NOSCP), the Ministry of Energy and Energy Industries (MEEI) continues to collaborate with […]

France High-Level Business Council 2nd Plenary Meeting

(TotalEnergies, 19.Feb.2024) — H.E. Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry and Advanced Technology and MD & CEO of ADNOC, and Mr. […]

PDVSA’s domestic refineries producing only around 230,000 b/d

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Feb.2024, Words: 130) — Venezuela’s state-owned oil giant Petróleos de Venezuela (PDVSA), which has a total processing capacity […]

SSR Mining Updates on Rescue Efforts at Çöpler Mine

(SSR Mining, 18.Feb.2024) — SSR Mining Inc., in regards to ongoing rescue efforts at the Çöpler mine in Türkiye, said search and rescue efforts to […]

EPCOR and SynerGen Reveal Solar Project in Eastern New Mexico

(EPCOR, 18.Feb.2024) — EPCOR USA and SynerGen Solar entered into an agreement to develop nearly 500 acres of land for the purpose of developing a […]

Eni Reports 2023 Full Year Results [PDF Downloads]

(Eni SpA, 16.Feb.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the full year and the fourth […]

Shell LNG Outlook 2024 [PDF Downloads]

(Shell plc, 19.Feb.2024) — Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching […]

TotalEnergies on Capital Increase Reserved for Employees in 2024

(TotalEnergies, 16.Feb.2024) — In accordance with its policy in favor of employee shareholding, TotalEnergies SE is implementing its annual capital increase reserved for employees and […]

US House Passes Bill to Reverse Biden’s LNG Pause

(Reuters, 15.Feb.2024) — A bill to strip the power of President Joe Biden’s administration to freeze approvals of liquefied natural gas exports passed in the […]

Carbon Intensity Regulation to Make, Break Low-carbon Hydrogen Market

(WoodMac, 15.Feb.2024) — The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen […]

Aquaductus Offshore Pipeline Notified as an IPCEI Project

(GASCADE, 15.Feb.2024) — The AquaDuctus hydrogen pipeline planned by GASCADE Gastransport GmbH in the North Sea has received state aid approval from the European Commission […]

Mexico Begins LNG Buildout as US Developers Look to South

(Canary Media, 15.Feb.2024) — At least a half-dozen LNG export projects are underway in the country — but whether most are completed will depend on politics […]

TotalEnergies Reveals Positive Appraisal of Cronos Gas Find in Cyprus

(TotalEnergies, 15.Feb.2024) — TotalEnergies announces the successful completion of the drilling and production test of the Cronos-2 appraisal well, in Block 6, offshore Cyprus. TotalEnergies […]

Guyana Is Trying to Keep Its Oil Blessing From Becoming a Curse

(Bloomberg, 15.Feb.2024) — Guyana has undergone a huge transformation in the near decade since a massive oil discovery off its shores. That’s on full display at the […]

Frontera Announces 2024 Capital and Production Guidance

(Frontera, 15.Feb.2024) — Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter […]

Model Updates on EPCI Projects, Brazil FPSOs

(Energy Analytics Institute, 15.Feb.2024) — Modec‘s profits increased significantly due to good progress in the construction work of new EPCI projects and improved asset integrity of […]

DeepOcean Secures Major Contract with ExxonMobil Guyana

DeepOcean, 14.Feb.2024) — Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and IMR (inspection, maintenance, […]

Sangomar FPSO Makes it to Senegal

(Woodside Energy, 13.Feb.2024) — Woodside Energy announced that the Léopold Sédar Senghor Floating Production Storage and Offloading (FPSO) facility has safely arrived offshore Senegal. This […]

Woodside Gets Social Impact Assessment Approval for Trion

(Woodside Energy, 13.Feb.2024) — Woodside announced the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for […]

LG Energy Solution Strengthens Partnership with WesCEF

(LG Energy Solution, 13.Feb.2024) — LG Energy Solution (KRX: 373220) signed an offtake agreement with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for lithium concentrate, further […]

Reactive Downhole Tools Accelerates Growth through Restructuring

(Reactive Downhole Tools, 13.Feb.2024) — Realigning regional resources into a global focus, provider of high-performance well completion solutions and technologies to the global oil and […]

Chesapeake, Delfin LNG and Gunvor Ink 0.5 MTPA Deal

(Chesapeake, 13.Feb.2024) — Chesapeake Energy Corporation (NASDAQ: CHK), Delfin LNG LLC and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd, announced the entrance into a liquefied […]

ANH Updates on Offshore Wind Competitive Process [Spanish PDF Download]

(Energy Analytics Institute, 13.Feb.2024) — Colombia’s National Hydrocarbon Agency (ANH) announced that during the offshore wind qualification stage from 21 Dec. 2023 to 21 Jun. […]

Oil and Gas Cautiously Optimistic about AI

(Aspectus Group, 13.Feb.2024) — The eighth annual Global Energy Talent Index (GETI), the world’s most established and comprehensive energy workforce trends report, released today, highlights a […]

DiamondBack and Endeavor Merge in $26bn Deal

(Endeavor, 12.Feb.2024) — Diamondback Energy, Inc. (NASDAQ: FANG) and Endeavor Energy Resources, L.P. entered into a definitive merger agreement under which Diamondback and Endeavor will […]