Energy Analytics Institute (EAI)

Petrobras Says Strategic Plan 2024-2028 is Under Construction

(Petrobras, 8.Nov.2023) — Petrobras, in relation to the news published in the media and in line with the statement of 25 Oct. 2023, confirms that […]

Maurel & Prom Inks Deal in Venezuela [PDF Download]

(Sempra, 8.Nov.2023) — Maurel & Prom signed a set of agreements with Venezuela’s state owned PDVSA for the immediate restart of the activity of M&P’s […]

Parex Announces 3Q:23 Results, Arauca Drilling Success

(Parex, 7.Nov.2023) — Parex Resources Inc. (TSX: PXT) announced its financial and operating results for the three-month period ended 30 Sep. 2023, and the declaration […]

Sempra Price Public Offering of Common Stock

(Sempra, 7.Nov.2023) — Sempra (NYSE: SRE) (BMV: SRE) today announced that it has priced its registered public offering of 17,142,858 shares of its common stock in connection […]

Oxy Reports 3Q:23 Results [PDF Downloads]

(Oxy, 7.Nov.2023) — Occidental (NYSE: OXY) today announced net income attributable to common stockholders for the third quarter of 2023 of $1.2bn, or $1.20 per diluted share, […]

Oxy and BlackRock JV to Develop STRATOS DAC Plant

(Oxy, 7.Nov.2023) — Occidental (NYSE: OXY) announced today that BlackRock (NYSE: BLK) will invest $550mn on behalf of clients in the development of STRATOS, the world’s largest Direct […]

Ecopetrol 2023 Results: Second Best in History [PDF Downloads]

(Ecopetrol, 7.Nov.2023) — Within the framework of Ecopetrol‘s 15th anniversary celebration on the New York Stock Exchange, we hosted our Investor Day, during which we […]

BW Energy: Substantial Oil Find in the Hibiscus South Prospect

(BW Energy, 6.Nov.2023) — BW Energy announced that the DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect. The […]

Kosmos Boosts Working Interest, Assumes Operatorship of Yakaar-Teranga

(Kosmos, 6.Nov.2023) — Kosmos Energy Ltd. (NYSE/LSE: KOS) has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the […]

New Fortress to Charter FSRU for LNG Import Terminal in Brazil

(Reuters, 6.Nov.2023) — Liquefied natural gas (LNG) developer New Fortress Energy said on Monday it has signed a deal to charter a floating storage and […]

Sempra Reports Strong 3Q:23 Earnings [PDF Downloads]

(Sempra, 3.Nov.2023) — Sempra (NYSE: SRE) (BMV: SRE) announced third-quarter 2023 earnings of $721mn, or $1.14 per diluted share, compared to third-quarter 2022 earnings of $485mn, or $0.77 per diluted share. On […]

Energy Transfer Completes Crestwood Acquisition

(Energy Transfer, 3.Nov.2023) — Energy Transfer LP (NYSE: ET) announced completion of its previously announced merger with Crestwood Equity Partners LP. The merger was approved by […]

ConocoPhillips Comments on Venezuelan-Related Progress

(Energy Analytics Institute, 2.Nov.2023) — ConocoPhillips chairman and CEO Ryan Lance updated the analyst community on the company’s situation regarding Venezuela and recently started auction […]

Venezuela’s October Oil Exports Fall 19% Despite U.S. Easing Sanctions

(Reuters, 2.Nov.2023) — Venezuela’s oil exports declined in October to less than 700,000 barrels per day (bpd) amid operational hiccups at the country’s main production […]

PetroChina Aims to Resume Venezuelan Oil Imports after 4-year Pause

(Reuters, 2.Nov.2023) — China’s PetroChina is proposing to buy up to 8 million barrels a month of Venezuelan crude from state-run oil company PDVSA, according […]

Tellurian Reports Large 3Q:23 Operating Loss [PDF Download]

(Tellurian, 2.Nov.2023) — Tellurian Inc. (NYSE American: TELL) continues to progress the production and sales of natural gas and the financing and construction of its […]

Perenco Congo and Congorep Complete Seismic Campaign

(Perenco Congo, 2.Nov.2023) — Perenco Congo and Congorep, the joint venture company between Perenco and Société Nationale des Pétroles du Congo (the national petroleum company of the Republic […]

Local Trinidad Operator Expresses Interest in Citgo Assets

(Trinidad Express, 2.Nov.2023) — Decker Petroleum and Marketing Company Ltd (DPMCL), based in Trinidad and Tobago, has written the US District Court of Delaware officially […]

ExxonMobil Completes Denbury Acquisition

(ExxonMobil, 2.Nov.2023) — Exxon Mobil Corporation (NYSE: XOM) has closed its acquisition of Denbury Inc. (NYSE: DEN) in an all-stock transaction valued at $4.9bn, or […]

Cheniere Provides 3Q:23 Financial Highlights [PDF Downloads]

(Cheniere, 2.Nov.2023) — Cheniere Energy, Inc. (NYSE American: LNG) updated investors on recent highlights during the third quarter of 2023. During the three and nine […]

Cheniere and Foran Energy Ink Long-Term LNG SPA

(Cheniere, 2.Nov.2023) — Cheniere Energy, Inc. (NYSE American: LNG) announced that Cheniere’s subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas (LNG) […]

ConocoPhillips Reports 3Q:23 Results [PDF Downloads]

(ConocoPhillips, 2.Nov.2023) — ConocoPhillips (NYSE: COP) reported third-quarter 2023 earnings of $2.8bn, or $2.32 per share, compared with third-quarter 2022 earnings of $4.5bn, or $3.55 […]

Aker Horizons ASA Reports 3Q:23 Results

(Aker Horizons, 2.Nov.2023) — Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the third quarter of 2023. Aker […]

Sungrow Announces Renewable Energy Solutions to Support Saudi’s Vision 2030

(Sungrow, 1.Nov.2023) — Sungrow, the global inverter and energy storage system supplier, introduced its state-of-the-art solar-plus-storage energy solutions covering utility-scale, C&I and residential scenarios during […]

Apache Corp Expands Award-Winning Tree Grant Programme to Scotland

(APA Corporation, 1.Nov.2023) — Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the launch of the Apache Tree Grant Programme in Scotland […]

APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]

(APA Corporation, 1.Nov.2023) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the third quarter of 2023. APA reported net income attributable to […]

Bristow Reports 3Q:23 Results

(Bristow, 1.Nov.2023) — Bristow Group Inc. (NYSE: VTOL) reported net income attributable to the company of $4.3mn, or $0.15 per diluted share, for its quarter ended 30 Sep. 2023 […]

1PointFive and TD Announce Direct Air Capture Carbon Removal Credit

(1PointFive, 31.Oct.2023) — 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group, announced a purchase of carbon dioxide removal (CDR) credits from […]

Marathon’s SVP Heppner Says Company Not Interested in Citgo Assets

(Energy Analytics Institute, 31.Oct.2023) — Marathon Petroleum Corporation’s senior vice president of strategy and business development, Dave Heppner, responded to questions from analysts during the […]

Mainstream’s JV Applies for 2.5 GW Wind Permit off Sweden’s East Coast

(Mainstream, 31.Oct.2023) — Freja Offshore, a 50-50 joint venture between Mainstream Renewable Power and Hexicon, has submitted a planning application for the up-to 2.5 GW […]

Petronas FutureTech 3.0 Accelerates Growth of Startups in Sustainable Innovations

(Petronas, 31.Oct.2023) — Petronas’ accelerator programme, Petronas FutureTech 3.0 selected at its Demo Day today 10 technology-driven startups that have shown the most potential in […]

Petronas Makes Oil Find in Suriname’s Offshore Block 52

(Petronas, 2.Nov.2023) — Petronas’ subsidiary, Petronas Suriname E&P B.V., has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52. The well, […]

Petrobras Comments on Extraordinary General Meetings

(Petrobras, 31.Oct.2023) — The Board of Directors of Petróleo Brasileiro S.A. (Petrobras) invites the company’s shareholders to meet at the Extraordinary General Meeting, to be […]

EAI’s NRGBriefs: Oct. 2023

(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings […]

bp’ 3Q:23 Results: Focused on Delivery [PDF Downloads]

(bp, 31.Oct.2023) — Our results this quarter show how we are making progress on our strategy to transform from an international oil company to an […]

IMF on Staff-Level Agreement with the Democratic Republic of the Congo

(IMF, 31.Oct.2023) — End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed […]

Noble Corp. Reports 3Q:23 Results [PDF Download]

(Noble, 31.Oct.2023) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) reported third quarter 2023 results. Highlights: Increasing quarterly dividend to $0.40 per share in the fourth […]

Denbury Shareholders Approve Merger with Exxon Mobil

(Reuters, 31.Oct.2023) — (DEN.N) said on Tuesday its shareholders approved the company’s merger with Exxon Mobil (XOM.N), with the deal closing expected on Nov. 2. Exxon Mobil […]

Venezuelan Oil Sanctions Relief at Risk as Court Suspends Opposition Primary Results

(S&P Global, 30.Oct.2023) — The Supreme Court of Justice (TSJ) in Venezuela ordered the suspension of the results of the opposition’s primary elections which was […]

JinkoSolar Announces 3Q:23 Financial Results

(JinkoSolar, 30.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced its unaudited financial results for the third quarter ended 30 September 2023. Third Quarter 2023 Business Highlights Leveraging […]

Chevron, Angola Gov’t to Collaborate on Low-Carbon Opportunities

(Chevron, 30.Oct.2023) — Cabinda Gulf Oil Company Limited (CABGOC), a Chevron’s subsidiary in Angola, hosted in Luanda a signature of a Memorandum of Understanding (MOU) […]

Perenco Vietnam: Block 15-1 Reaches 400 MMbbl Production Milestone

(Perenco Vietnam, 30.Oct.2023) — Perenco Vietnam announced that as Block 15-1 marks its 25th anniversary, it has reached the significant production milestone of 400 million […]

Asia May Have Little to Cheer from Lifting of Venezuelan Oil Sanctions

(S&P Global, 30.Oct.2023) — Asia may have little to cheer following the lifting of the sanctions on Venezuelan oil as increased competition for those Latin […]

Tetra Reports 3Q:23 Results, Updates on Lithium Brine Unit

(TETRA, 30.Oct.2023) — TETRA Technologies, Inc. (NYSE:TTI) today announced third quarter 2023 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, “In addition to […]

Azure Sustainable Fuels Solidifies Strategic Partnership with Savage

(Azure, 30.Oct.2023) — Azure Sustainable Fuels Corp. has formed a strategic partnership with global supply chain company, Savage, and its agribusiness, Bartlett. Together with the […]

Eni CFO Gattei Says Venezuela ‘Clearly Is Now An Opportunity’

(Energy Analytics Institute, 27.Oct.2023) — The CFO of Eni S.p.A., Francesco Gattei, commented on the situation in Venezuela during the Italian company’s third quarter 2023 […]

Rowley: LNG Restructuring Saving T&T

(Trinidad Guardian, 27.Oct.2023) — Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic […]

Guyana Greenlights Oil Drilling in Waters Claimed by Venezuela

(AFP, 27.Oct.2023) — The new find, as well as some of the drilling concessions, are in a disputed area whose possible annexation Venezuela is putting to a […]

ExxonMobil Announces 3Q:23 Results [PDF Downloads]

(ExxonMobil, 27.Oct.2023) — Exxon Mobil Corporation announced third-quarter 2023 earnings of $9.1bn, or $2.25 per share assuming dilution. Cash flow from operations was $16bn, up […]

Chevron Reveals 3Q:23 Results, Comments on Hess Deal [PDF Downloads]

(Chevron, 27.Oct.2023) — Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per […]