Energy Analytics Institute (EAI)

Venezuela’s Heavy Oil Output Rises Limited Following US Sanctions Relief: EIA

(EIA, 23.Oct.2023) — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) effectively lifted most U.S. sanctions on Venezuela’s energy sector on October 18 […]

Petrobras on Proposal to Revise its Bylaws to be Submitted to EGM

(Petrobras, 23.Oct.2023) — Petrobras informs that its Board of Directors has approved, by majority vote, the submission of a proposal to revise its Bylaws to […]

Chevron to Acquire Hess in $53bn All-Stock Deal

(Chevron, 23.Oct.2023) — Chevron Corporation (NYSE: CVX) has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares […]

Colombia Eyes Country’s First Offshore Wind Auction

(Energy Analytics Institute, 22.Oct.2023) — Colombia government expects to reveal detail about the first offshore wind energy auction in Colombia and Latin America. The Colombian […]

Eni Reports Sail Away of the Tango FLNG, Excalibur FSU Vessels to Congo

(Eni, 21.Oct.2023) — In the presence of Bruno Jean Richard Itoua, Minister of Hydrocarbons of the Republic of the Congo, Maixent Raoul Ominga, Managing Director […]

Fast Output Recovery Still Challenging in Venezuela

(WoodMac, 20.Oct.2023) — Addressing the US Treasury Department’s partially lifted sanctions on Venezuela’s oil and gas sector, Adrian Lara, principal research analyst, Latin America Upstream Oil […]

Nucor Exploring Potential Sites in the Pacific Northwest to Build New Rebar Micro Mill

(Nucor, 20.Oct.2023) — Nucor Corporation (NYSE: NUE) is exploring potential sites in the Pacific Northwest to build a new rebar micro mill with an annual capacity […]

Silver Viper Further Amends Rubi-Esperanza Option Agreement

(Silver Viper Minerals, 20.Oct.2023) — Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) announced that, further to its press release April 6, 2023, it has amended […]

AG&P Group Announces Exciting Changes in Leadership

(AGP, 20.Oct.2023) — AGP international Holdings Pte Ltd. (AGPIH/AG&P Group) announced several changes in its leadership team. At the Group level, effective 15 October 2023, […]

SLB Reports Strong 3Q:23 Results [PDF Downloads]

(SLB, 20.Oct.2023) — SLB (NYSE: SLB) announced results for the third-quarter 2023 and SLB CEO Olivier Le Peuch commented: “Our third-quarter results continue to reflect strong year-to-date […]

Canacol On Canceling EPM Sales Contract, Strategic Entrance into Bolivia

(Canacol, 19.Oct.2023) — Canacol Energy Ltd. (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin […]

Glaucus-1 Well Confirms Extension of Gas Province Offshore Colombia

(Ecopetrol, 19.Oct.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) confirms that the Glaucus-1 well has verified the presence of natural gas in the deep waters of the […]

Enilive’s Diesel from 100% Renewable Raw Materials Powers Lannutti’s Fleet

(Eni, 19.Oct.2023) — Enilive (Eni Sustainable Mobility), through the Eni Fuel company, and Lannutti Group, a leading operator in the logistics and road transport sector, […]

Frontera on 3Q:23 Financial Results and Conf. Call

(Frontera, 19.Oct.2023) — Frontera Energy Corporation (TSX: FEC) announces that its third quarter 2023 results will be released after markets close on Thursday, 9 November 2023. […]

Trinidad Approved to Pay PDVSA

(Welligence, 19.Oct.2023) — Trinidad & Tobago (T&T) has received approval from the US government to pay PDVSA, the Venezuelan NOC, in cash for gas from Venezuela. […]

CNOOC says Train 3 of Tangguh LNG commences production

(CNOOC, 19.Oct.2023, Words: 173) — CNOOC Limited announces that the first LNG cargo from the newly-built liquefaction train (Train 3) of the Tangguh LNG project in Indonesia has […]

CSI Compressco Reveals Quarterly Distribution, Schedules 3Q:23 Earnings Call

(CSI Compressco, 19.Oct.2023) — CSI Compressco LP (NASDAQ: CCLP) announced that the board of directors of its general partner has declared a cash distribution attributable to […]

FACTBOX: Top Candidates in Venezuela’s Opposition Primary

(Reuters, 19.Oct.2023) — Voters in Venezuela will on Sunday choose a unity candidate from among 10 hopefuls to represent the country’s opposition in 2024 presidential elections, when […]

Jinko Solar Reveals Some Estimates of Preliminary Financial Results

(JinkoSolar, 18.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its majority-owned principal operating subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) published estimates of certain […]

GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership

(GITEX, 18.Oct.2023) — Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean energy solutions towards tackling […]

Biden Eases Sanctions on Venezuelan Oil, Republicans Howl

(Politico, 18.Oct.2023) — The Biden administration said Wednesday it will ease sanctions against companies that trade in oil produced in Venezuelan or invest in the […]

Venezuela’s Oil Sanctions Relief May Lift Profits, No Fast Output Rebound

(Reuters, 18.Oct.2023) — A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but could boost profits by returning some foreign companies […]

Lithium South Expands Production Goals with Updated PEA

(Lithium South, 18.Oct.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce that it has selected Knight Piésold Consulting (KP) […]

FAQ: Suspension of Certain US Sanctions on Venezuela [PDF Downloads]

(US Department of State, 18.Oct.2023) — On October 18, 2023, the United States welcomed the announcement of a political agreement between representatives of Maduro and […]

Venezuela to Divert Barrels from China if US Continues Easing Sanctions

(Reuters, 18.Oct.2023) — Exemptions to sanctions on Venezuelan oil exports that the U.S. is mulling should not result in a large crude production surge in the […]

Africa’s $800bn Upstream Investment Cycle

(WoodMac, 18.Oct.2023) — The African upstream oil and gas sector is in the middle of an US$800bn capital expenditure (capex) programme that will see liquified […]

Senior Administration Officials on Venezuela

(US Department of State, 18.Oct.2023) — Senior US Departement of States administration officials held a teleconference to discuss political advancements in Venezuela. MODERATOR: Good evening, […]

Versalis: Acquisition of Novamont Finished

(Eni, 18.Oct.2023) — Versalis now holds the entire share capital of Novamont, of which it already owned 36%. The transaction, announced on 28 April and […]

SOAR Energy Launches SolarScan, an AI-Powered Home Energy Assessment Tool

(SOAR Energy, 18.Oct.2023) — SOAR Energy, a growing solar company powered by Better Earth, today announced the launch of SolarScan, its artificial intelligence (AI) and machine […]

African Leaders Slam Western Energy ‘Hypocrisy’ but Financing Woes Remain

(S&P Global, 17.Oct.2023) — In a rousing performance to open African Energy Week in Cape Town, the cry went out from a young troupe of […]

Venezuelan Oil Output Could Jolt if Reported Sanctions Deal Transpires: Rystad

(Rystad, 17.Oct.2023) — A reported deal between the US and Venezuela to ease sanctions on the South American country’s oil industry could pave the way […]

Tecpetrol on Alpha Lithium Tender

(Tecpetrol, 17.Oct.2023) — Tecpetrol Investments S.L. issued a reminder to shareholders of Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) to tender their […]

Energy Chamber Welcomes Progress on Dragon Field Development

(The Energy Chamber, 17.Oct.2023) — The Energy Chamber of Trinidad & Tobago warmly welcomes the announcement from the Trinidad & Tobago Minister of Energy and […]

US State Department: Joint Statement on Venezuela Negotiations

(US Department of State, 17.Oct.2023) — The following statement was released by Secretary of State Antony J. Blinken, the EU High Representative for Foreign Affairs […]

US Grants License Amendment to Trinidad for Joint Natgas Project with Venezuela

(Reuters, 17.Oct.2023) — The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development […]

T&T Can Pay Cash for Dragon Field Gas

(Trinidad Express, 17.Oct.2023) — Trinidad and Tobago can now make cash payments to Venezuela for the natural gas extracted from the Dragon field, Energy Minister […]

Trinidad on Amendment to OFAC License [Video]

(TT MEEI, 17.Oct.2023) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister […]

Scotland: TotalEnergies Commissions Its Biggest Offshore Wind Farm

(TotalEnergies, 17.Oct.2023) — TotalEnergies and its partner SSE Renewables announced that their Seagreen offshore wind farm is now fully operational and running at its design […]

Orvana Achieves FY:2023 Guidance

(Orvana, 16.Oct.2023) — Orvana Minerals Corp. (TSX: ORV) reports fourth quarter of fiscal year 2023 (“Q4 FY2023”) production and exploration results from Spain and announces the registration of […]

Petrobras Breaks Monthly, Quarterly Production Records

(Petrobras, 16.Oct.2023) — Petrobras broke its quarterly record for operated oil and gas production in the third quarter of this year, with 3.98 million barrels […]

Marathon Oil Inks LNG Sales Deal for Alba Gas in E.G.

(Marathon, 16.Oct.2023) — Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore […]

Venezuelans Return to Negotiations

(US Treasury, 16.Oct.2023) — The United States welcomes the announcement by Nicolas Maduro representatives and the Unitary Platform to resume Venezuelan-led negotiations in Barbados. Along […]

River Metals Recycling Announces Acquisition

(Nucor, 16.Oct.2023) — Nucor Corporation (NYSE: NUE) announced an acquisition today on behalf of its recycling subsidiary River Metals Recycling (RMR). RMR has acquired all Cincinnati-based Garden […]

Venezuela, Opposition Will Restart Talks, US Could Ease Sanctions

(Reuters, 16.Oct.2023) — Venezuela’s government and the country’s opposition will return to political negotiations, the two sides said on Monday, while sources said the United […]

Oil Dips Below $90 a Barrel as US Agrees Venezuela Deal

(Reuters, 16.Oct.2023) — Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while investors continued […]

US to Ease Sanctions on Venezuelan Oil for Freer Presidential Election

(The Washington Post, 16.Oct.2023) — The Biden administration and the government of Venezuelan President Nicolás Maduro have agreed to a deal in which the U.S. […]

Ellipsis US Onshore Buys Additional Delaware Basin Assets

(Ellipsis, 16.Oct.2023) — Ellipsis U.S. Onshore Holdings LLC, a portfolio company of Westlawn Group LLC, announced the acquisition of additional assets located in the Delaware Basin of Texas and New […]

Ecopetrol Names Rivera VP of Science, Technology, and Innovation

(Ecopetrol, 14.Oct.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Board of Directors, during its meeting held on 13 October 2023, appointed Luis Felipe Rivera as the Vice […]

NGC and Methanex Ink Gas Supply Deal

(NGC, 13.Oct.2023) — The National Gas Company of Trinidad and Tobago Limited (NGC) and Methanex Trinidad Limited signed a new Gas Sales Contract (GSC) for […]

Petrobras Informs About 3Q:23 Results

(Petrobras, 13.Oct.2023) — Petrobras will release its 3Q23 Production and Sales Report on 26 October 2023, and its 3Q23 Financial Performance Report on 9 November […]