Energy Analytics Institute (EAI)

UK Energy Transition Outlook

(WoodMac, 23.Nov.2023) — Energy policy is a political hot topic in the UK. Broadly, ambition is high: net zero by 2050 targets are enshrined in […]

Corina Machado says Venezuela to end socialism: El Nacional

HOUSTON, TEXAS (Aaron Simonsky, Energy Analytics Institute, 24.Nov.2023, Words: 156) — Vente Venezuela national coordinator and opposition leader María Corina Machado said the next president […]

China Slows Venezuela Crude Buys

(Reuters, 23.Nov.2023) — The suspension of U.S. sanctions on Venezuelan oil has rattled its biggest customers, China’s independent refiners, who are now holding off on […]

Ecopetrol Announces New Senior Management Appointments

(Ecopetrol, 22.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces changes in its senior management team of the Upstream Vice-Presidency to meet challenges in the process of […]

Venezuela Producing 850,000 bpd, Hopes to Recover US Market

(Reuters, 22.Nov.2023) — Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country’s […]

TotalEnergies Launches In-Depot Charging for Electric Trucks

(TotalEnergies, 21.Nov.2023) — TotalEnergies announced the launch of an in-depot electric truck charging service today at the SOLUTRANS road and urban transportation trade show. With […]

Petrobras on Remuneration Payment to Shareholders

(Petrobras, 21.Nov.2023) — Petrobras, following up on the Material Fact of 08/03/2023, informs that it has paid today the first installment of the remuneration to […]

Argentina’s Incoming Administration Faces Challenges

(S&P Global Ratings, 21.Nov.2023) — Economic imbalances in Argentina provide complex conditions for the Milei administration even before he takes office, S&P Global Ratings said […]

Petrobras on 3Q:23 Share Value of Dividends and Interest

(Petrobras, 21.Nov.2023) — Petrobras, following the Material Fact of 11/09/2023, informs that, as a result of the share buyback program, there was a change in […]

SBM Completes Share Repurchase

(SBM Offshore, 21.Nov.2023) — SBM Offshore has completed the repurchase of 350,000 shares. Between 9-21 Nov. 2023 a total of 350,000 common shares were repurchased, […]

Deep Casing Deloitte Technology Fast 50 List for 2023

(Deep Casing, 21.Nov.2023) — Deep Casing Tools placed 36th in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies […]

CGG Sells its Stake in ARGAS to TAQA

(CGG, 21.Nov.2023) — CGG has entered into a definitive agreement with Industrialization and Energy Services Company (TAQA) to sell its entire 49% stake in Arabian […]

TotalEnergies Completes Sale of Canadian assets to Suncor

(TotalEnergies, 20.Nov.2023) — TotalEnergies has completed today the sale to Suncor of the entirety of the shares of TotalEnergies EP Canada Ltd., comprising notably its […]

Projeo Awarded $38mn from Energy Department for CarbonSAFE

(Projeo Corporation, 20.Nov.2023) — Projeo Corporation, a subsidiary of GTI International, has been awarded over $38mn in U.S. Department of Energy (DOE) funding to support the development […]

Fitch Maintains Ecopetrol’s Rating at BB+, with Stable Outlook

(Ecopetrol, 20.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that the rating agency Fitch Ratings affirmed the company’s long-term foreign and local currency issuer default rating […]

Vortex Metals in Deal to Buy 80% Interest in Illapel Copper Project

(Vortex Metals, 20.Nov.2023) — Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) signed the definitive agreement with “Windows Minerals SCM and SLM Rio 27 De […]

The lifting of sanctions and the oil collapse of Venezuela [PDF download]

(Rafael Ramírez, 16.Nov.2023) — On 18 Oct., the US Office of Foreign Assets Control (OFAC)[1] issued Licenses 43 and 44,[2] lifting the sanctions on the Venezuelan oil and mining sector […]

Frontera Announces Initiation of Normal Course Issuer Bid

(Frontera, 16.Nov.2023) — Frontera Energy Corporation (TSX: FEC) announces that the Toronto Stock Exchange (TSX) has accepted its notice to initiate a normal course issuer […]

Ancient Thanksgiving to Pachamama [Photos]

(Mainstream, 16.Nov.2023) — Members of Mainstream’s Chilean team recently honored local indigenous tradition by taking part in a centuries-old ceremony against the backdrop of Tchamma […]

TotalEnergies Publishes Response of EACOP Ltd [PDF Download]

(TotalEnergies, 16.Nov.2023) — Following the publication of the report by the NGO Greenfaith on the consideration of cultural heritage within the EACOP project in Uganda […]

Sungrow to Supply SG5RT Residential Inverters to Residential PV Project in Egypt

(Sungrow, 15.Nov.2023) — Sungrow, the global PV inverter and energy storage system supplier, announced that it has been selected to supply 400 units of 5kW […]

Mainstream Finalizes Reorganization Process in Chile

(Mainstream, 14.Nov.2023) — Reference is made to previous announcements by Aker Horizons ASA regarding the initiation by Mainstream Renewable Power of Judicial Reorganization Proceedings for Condor […]

FPSO Prosperity Producing and On Hire

(SBM Offshore, 14.Nov.2023) — SBM Offshore announce that FPSO Prosperity has produced first oil as of 14 Nov. 2023 and is formally on hire. The FPSO Prosperity utilizes a […]

LNG Market Needs 90 Mtpa of Add’l Supply by 2035: WoodMac

(WoodMac, 14.Nov.2023) — The global liquefied natural gas (LNG) sector will need 90 million tonnes per annum (mtpa) of new supply by 2035 to sate […]

Touchstone Updates on Cascadura Field in 3Q:23 Results

(Touchstone, 14.Nov.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provided an operational update and reports its operating and financial results for the three and nine […]

ExxonMobil Starts Third Offshore Guyana Project Payara

(Exxon Mobil, 14.Nov.2023) — ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana […]

Getech Teams up with HyAfrica in Africa

(Getech, 14.Nov.2023) — Getech, a locator of subsurface resources, has signed an agreement with LIAG (Leibniz Institute for Applied Geophysics), a partner in the HyAfrica consortium, […]

TotalEnergies Buys 1.5 GW Flexible Power Generation Capacity in Texas

(TotalEnergies, 13.Nov.2023) — As part of its development as an integrated power player, TotalEnergies has signed an agreement with TexGen, a U.S.-based company to acquire […]

Exxon Turning Biomass into Fuel

(Exxon Mobil, 13.Nov.2023) — Making a global impact on climate change isn’t easy. Reducing emissions on a global scale requires multiple solutions, and we believe […]

ExxonMobil Drilling First Lithium Well in Arkansas

(Exxon Mobil, 13.Nov.2023) — Exxon Mobil Corporation (NYSE: XOM) announced plans to become a leading producer of lithium, a key component of electric vehicle (EV) […]

Petrobras Reports on Favorable Ruling in Labor Case before STF

(Petrobras, 13.Nov.2023) — Petrobras, in continuation of the announcement made on 02/15/2022, informs that, on 11/10/2023, the First Panel of the Federal Supreme Court concluded […]

Companies Ask US, EU to Intervene in Venture Global LNG Dispute

(Reuters, 11.Nov.2023) — BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the […]

Exmar Updates on Panama Canal Delays in 3Q:23 Results [PDF Download]

(Exmar, 10.Nov.2023) — The Executive Committee of EXMAR NV reported its third quarter results of 2023, including comments on delays crossing the Panama Canal, BW […]

YPF Reports Rise in 3Q:23 Production [PDF Downloads]

(YPF, 9.Nov.2023) — Argentina’s YPF SA reported total hydrocarbon production averaged 520 Kboe/d in the third quarter 2023, up 1% sequentially and up 3% on […]

Mandalay Resources Announces 3Q:23 Financial Results, CFO Transition

(Mandalay, 9.Nov.2023) — Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended 30 Sep. 2023. Third Quarter […]

Citgo Exits 3Q:23 with Liquidity of $3.86bn

(Citgo, 9.Nov.2023) — Citgo Petroleum Corporation reported its 2023 third quarter financial and operational results. Highlights: Net income of $567mn and EBITDA 1 of $895mn, compared to net income of $380 mn and […]

Petrobras Reports 3Q:23 Financials [PDF Downloads]

(Petrobras, 9.Nov.2023) — Petrobras reported on its main financial achievements in the third quarter 2023. Highlights: Solid recurring EBITDA of US$13.7bnGross debt under control at […]

Petrobras on Remuneration to Shareholders

(Petrobras, 9.Nov.2023) — Petrobras informs that its Board of Directors, at a meeting held today, approved the payment of dividends and interest on own equity […]

Citgo Concludes 2023 Marketer Roundtables

(Citgo, 9.Nov.2023) — Citgo Petroleum concluded its highly successful Marketer Roundtable Meetings for 2023, bringing together marketers from across the country to discuss key industry […]

Frontera Updates on Colombia and Guyana

(Frontera, 9.Nov.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 Sep. 2023. All financial amounts in this […]

CGX and Frontera Report Find Offshore Guyana

(Frontera, 9.Nov.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX […]

Petrobras Revises its 2023 Production and CAPEX Guidance

(Petrobras, 9.Nov.2023) — Petrobras, under the terms of CVM Resolution No. 44, of 23 Aug. 2021, and in addition to the material fact disclosed on […]

Trek Bicycle and World Bicycle Relief Partner for Third Year in a Row

(Trek Bicycle, 9.Nov.2023) — Today, Trek Bicycle and World Bicycle Relief (WBR) announced their third annual holiday fundraiser to help mobilize people in rural communities with purpose-built Buffalo Bicycles. […]

Ecopetrol Responds to News From BluRadio

(Ecopetrol, 9.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that today the news website www.bluradio.com reported the convening of an extraordinary meeting of the General Shareholders’ of Ecopetrol. […]

FPSO Liza Unity Purchase by ExxonMobil Completed

(SBM, 9.Nov.2023) — SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, […]

ONEHOPE Wine Reaches Philanthropic Milestone

(ONEHOPE, 9.Nov.2023) — ONEHOPE, a Napa Valley winery founded with the mission to change the world by sharing wine and giving hope is pleased to announce surpassing ten […]

TotalEnergies Commits to Employee’s Energy Transition

(TotalEnergies, 9.Nov.2023) — As part of its transition strategy, TotalEnergies is committed to support its 35,000 employees in France in their own ecological transition effort […]

Franco-Nevada Declares Dividend

(Franco-Nevada, 8.Nov.2023) — Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of US$0.34 per share. The dividend will be paid on 21 Dec. 2023, […]

Franco-Nevada Reports 3Q:23 Results

(Franco-Nevada, 8.Nov.2023) — “Our core precious metal assets anchored the quarter, resulting in increased revenue and earnings over the prior year period,” stated Paul Brink, […]

Petrobras Processes Renewables Materials at Riograndense Refinery

(Petrobras, 8.Nov.2023) — Petrobras informs that the Riograndense Petroleum Refinery (RPR) has reached a historic milestone by processing 100% soybean oil in an industrial refining […]