Energy Analytics Institute (EAI)

XCMG Commissions World’s First New Energy Loader Production Line

(XCMG, 26.Dec.2023) — XCMG Machinery (SHE: 000425, “XCMG”) has officially inaugurated the XCMG Loading Equipment Research Institute and commissioned the world’s first new energy loader […]

AEP to Divest New Mexico Solar Assets

(American Electric Power, 26.Dec.2023) — American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC […]

Petrobras Starts Equatorial Margin Drilling

(Petrobras, 23.Dec.2023) — Petrobras has started drilling the Pitu Oeste (RN) well today, which marks the resumption of the company’s search for oil and gas […]

NMPRC Approves PNM Distribution Battery Storage Projects

(NMPRC, 26.Dec.2023) — The New Mexico Public Regulation Commission (NMPRC) approved the application from Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources (NYSE: PNM), […]

Ellipsis US Acquires Additional Onshore Assets

(Ellipsis, 22.Dec.2023) — Ellipsis U.S. Onshore Holdings LLC, a portfolio company of Westlawn Group LLC, announced the acquisition of additional assets located in multiple onshore U.S. […]

Petrobras to Analyze Mubadala Capital Proposal

(Petrobras, 22.Dec.2023) — Petrobras has received a communication from Mubadala Capital proposing the formalization of recent discussions on the formation of a potential strategic partnership […]

Petrobras on Dividend Payments

(Petrobras, 22.Dec.2023) — Petrobras, following up on the press releases published on 03/01/2023 and 04/27/2023, informs that it will pay next week, on 12/27/2023, the […]

Petrobras Informs on Petros Plan Equalization

(Petrobras, 22.Dec.2023) — Petrobras informs that its Board of Directors approved, at a meeting held today, the Deficit Equalization Plan for 2022 (PED-2022) of the […]

The Energy Chamber: Dragon Deal a Historic Achievement

(Trinidad and Tobago Energy Chamber, 22.Dec.2023) — The Ministry of Energy and Energy Industries has announced that the Bolivarian Republic of Venezuela has granted the […]

Trinidad Inks Gas Deal with Venezuela

(Trinidad and Tobago Ministry of Energy and Energy Industries, 22.Dec.2023) — Historic and unprecedented energy deals for Trinidad and Tobago that provide us with positive […]

Petrobras Updates on Asset Divestments

(Petrobras, 21.Dec.2023) — Petrobras, following up on the releases disclosed on 09/08/2021, 10/27/2021 and 03/29/2023, informs that it has signed today, with Enauta Energia S.A., […]

Luca Mining Closes CAD$2mn Private Placement

(Luca Mining, 21.Dec.2023) — Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) closed the CAD $2mn non-brokered private placement (announced on 6 Dec. 2023. In total, the […]

Ecopetrol Publishes Measures for Jan. 2024 Meeting

(Ecopetrol, 21.Dec.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that in order to comply with the provisions of Part III Title I Chapter VI of the […]

Tice Family on Release of US Prisoners from Venezuela

(National Press Club, 21.Dec.2023) — Following is a statement via the National Press Club from the family of long-detained journalist Austin Tice, on the release of […]

Harbour, Wintershall Dea Sign Business Combination Agreement

(Wintershall Dea, 21.Dec.2023) — BASF, LetterOne and Harbour Energy plc (21 Dec. 2023) signed a business combination agreement to transfer Wintershall Dea’s E&P business consisting […]

Harbour and Wintershall Dea Ink $11.2bn Deal [PDF Download]

(BASF, 21.Dec.2023) — BASF, LetterOne and Harbour Energy plc (21 Dec. 2023) signed a business combination agreement to transfer Wintershall Dea’s E&P business consisting of […]

Tellurian to Pay Over $7mn to Departing Souki [PDF Download]

(Energy Analytics Institute, 20.Dec.2023) — Tellurian Inc., which is developing the Driftwood LNG project in Louisiana, revealed details regarding compensation for Charif Souki. “As previously […]

Volvo Delivers First Electric Trucks in LatAm

(Volvo, 20.Dec.2023) — Volvo Trucks has delivered eight heavy electric trucks to customers in Brazil, Chile and Uruguay. These orders represent Volvo’s first sales of […]

SSR Mining Updates on Sale of EMX Units

(SSR Mining, 20.Dec.2023) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) entered into an agreement with Scotiabank under which the bank will purchase by way […]

Venezuela grants Dragon gas field license

HOUSTON, TEXAS (Piero Stewart, Energy Analytics Institute, 20.Dec.2023) — The National Gas Company of Trinidad and Tobago (NGC) and Shell were granted a license for […]

Kodiak Gas to Buy CSI Compressco in $854mn All-Equity Deal

(CSI Compressco, 19.Dec.2023) — Kodiak Gas Services, Inc. (NYSE: KGS) and CSI Compressco LP (NASDAQ: CCLP) executed a definitive merger agreement under which Kodiak will acquire CSI […]

GoGold Completes Construction of Zinc Circuit at Parral

(GoGold, 19.Dec.2023) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) announces the financial results for the year ending 30 Sep. 2023, with Parral generating $30mn (all amounts are in U.S. dollars) […]

EnerMech Extends Training with OPITO Accreditations

(EnerMech, 19.Dec.2023) — EnerMech’s training centre in Aberdeen has achieved two additional OPITO global training accreditations, allowing the business to develop the skills and competencies […]

New Generation Takes Over at Exmar

(Exmar, 19.Dec.2023) — Listed Belgian shipowner sets a strategic milestone as Carl-Antoine Saverys will be the new CEO, taking over from Francis Mottrie who will […]

Shell Invests in GOM Sparta Development

(Shell, 19.Dec.2023) — Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf […]

enCore Energy Transfers to NASDAQ

(enCore Energy Corp., 19.Dec.2023) — enCore Energy Corp. (NYSE American: EU) (TSXV: EU) will transfer its stock exchange listing to the Nasdaq Capital Market from […]

Treasury International Capital Data for Oct.

(US Treasury, 19.Dec.2023) — The US Department of the Treasury released Treasury International Capital (TIC) data for Oct. 2023. The next release, which will report […]

Brazil Long-Term Ratings Upgraded To ‘BB’ From ‘BB-‘

(S&P Global, 19.Dec.2023) — S&P Global Ratings raised its long-term global scale ratings on Brazil to ‘BB’ from ‘BB-‘. The outlook on the long-term ratings […]

Perenco Brazil Announces First Oil to FSO Pargo

(Perenco, 19.Dec.2023) — Perenco Brazil announced that first oil to the Floating Storage and Offloading (FSO) vessel, “FSO PARGO”, has been successfully received following issuance […]

Coretrax Reveals Sales and Operations Appointments

(Coretrax, 19.Dec.2023) — Coretrax, an oil and gas well integrity and production optimisation, has appointed Colin Graham as the company’s first sales and operations manager […]

Nabors Completes Business Combination Between NETC

(Nabors, 19.Dec.2023) — Nabors Industries Ltd. (NYSE: NBR) issued the following statement from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business […]

AquaShip AS and Intership AS Merge

(AquaShip and Intership, 18.Dec.2023) — American Industrial Partners Capital Fund VII, LP, an investment fund managed by American Industrial Partners (AIP) announced that it has […]

Nature Wood Announces 1H:23 Financial Results

(Nature Wood, 18.Dec.2023) — Nature Wood Group Limited disclosed its unaudited financial results for the six months ended 30 Jun. 2023. Financial Highlights: Total revenue […]

KAES to Buy Wever Fertilizer Plant from OCI Global for $3.6bn

(KAES, 18.Dec.2023) — Koch Ag & Energy Solutions (KAES), a global provider of solutions for the agriculture, energy and chemical markets, announced an agreement to […]

Germany to End EV Subsidy Programme

(Reuters, 16.Dec.2023) — Germany’s electrical vehicle subsidy programme will end prematurely on Monday after paying out some 10bn euros since 2016, the Economics Ministry said, […]

QatarEnergy Inks PSCs for Offshore Suriname Blocks

(QatarEnergy, 15.Dec.2023) — QatarEnergy signed two Production Sharing Contracts (PSCs) for Suriname’s offshore Blocks 64 and 65, which it had won during a bid round […]

TotalEnergies Expands Presence in Suriname with New License

(TotalEnergies, 15.Dec.2023) — TotalEnergies and its partners QatarEnergy and Petronas signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname, the state-owned oil […]

Petrobras Inks New Deal with Bolivia’s YPFB

(Petrobras, 15.Dec.2023) — Petrobras, further to the announcements made on 24 May 2022 and 5 Aug. 2022, informs that, after complying with internal governance procedures, […]

Steel Dynamics Provides 4Q:23 Earnings Guidance

(Steel Dynamics, 15.Dec.2023) — Steel Dynamics, Inc. (NASDAQ/GS: STLD) provided fourth quarter 2023 earnings guidance in the range of $2.60 to $2.64 per diluted share. Comparatively, the company’s third quarter […]

TG Natural Resources to Buy Rockcliff Energy for $2.7bn

(Quantum, 15.Dec.2023) — Rockcliff Energy II LLC, a portfolio company of Quantum Energy Partners, announced the entry into a definitive agreement with TG Natural Resources […]

Petrobras on First Installment of Remuneration to Shareholders

(Petrobras, 15.Dec.2023) — Petrobras, following up on the Material Fact of 08/03/2023, informs that it will pay today the first installment of the remuneration to […]

Petrobras Updates on Divestment of Stake in UEG Araucária S.A. (UEGA)

(Petrobras, 15.Dec.2023) — Petrobras, following up on the release disclosed on 27 Oct. 2023, informs that it has closed the competitive process for the sale […]

Brazilian Bid Round Opens New Offshore Frontier in Pelotas Basin

(WoodMac, 14.Dec.2023) — A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round, 192 under concession and one under […]

S&P Global Releases its 2024 Energy Outlook

(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]

China’s Solar Production Costs Fall by 42% in Last Year

(WoodMac, 14.Dec.2023) — The cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W) […]

Joint Declaration between Guyana and Venezuela

(CELAC, 14.Dec.2023) — On Thursday, 14 Dec. 2023, in Argyle, Saint Vincent and the Grenadines, His Excellency Irfaan Ali, President of the Co-operative Republic of […]

Guyana, Venezuela agree to not use force in Essequibo spat

(Reuters, 14.Dec.2023) — Guyana and Venezuela on Thursday agreed to avoid any use of force and to not escalate tensions in their long-running dispute over […]

Shell Assumes 100% Working Interest in US GOM Kaikias Field

(Shell, 13.Dec.2023) — Shell Offshore Inc., a subsidiary of Shell plc (Shell), acquired the 20% working interest (WI) of MOEX North America LLC, a 100% […]

Pembina Announces $3.1bn Acquisition of Enbridge Interests

(Pembina, 13.Dec.2023) — Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) has entered into an agreement with Enbridge Inc. to acquire all of Enbridge’s interests in […]

Iberostar Unveils Circular Economy Roadmap

(Iberostar, 13.Dec.2023) — Iberostar Group, involved in responsible tourism, unveils its new roadmap showcasing its commitment to circular economy principles at the 28th edition of the United […]