Energy Analytics Institute (EAI)

TotalEnergies Boost Inks PSCs for Suriname Offshore Blocks 6 and 8

(TotalEnergies, 15.May.2023) — TotalEnergies and its partners, have signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname, the state-owned oil […]

Petrobras on Price Policy

(Petrobras, 14.May.2023) — Petrobras clarifies that it is discussing internally changes in its pricing policies for diesel and gasoline, which will be analyzed by the […]

Touchstone Reports Higher 1Q:23 Production Compared to 1Q:22 [PDF Download]

(Touchstone, 12.May.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) produced qtrly avg volumes of 2,139 boe/d in the 1Q:23, up 53% relative to the 1,396 […]

YPF’s Production Averaged 511 Mboe/d in the 1Q:23 [PDF Downloads]

(YPF, 12.May.2023) — YPF SA announced the its combined production averaged 511,000 boe/d in the first quarter of 2023. ____________________

PGS Enters Carbon Storage Acquisition Contract

(PGS, 11.May.2023) — PGS has entered into a seismic acquisition contract* for carbon storage offshore Norway by an independent energy company. The project is scheduled […]

Aris Mining Announces Results of Special Meeting

(Aris Mining, 11.May.2023) — Aris Mining Corporation (TSX: ARIS) (OTCQX: TPRFF) reports voting results from its annual general and special meeting of shareholders held earlier today. AGM […]

Ecopetrol Gets Approval for Credit for up to $400mn

(Ecopetrol, 11.May.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, by means of Resolution 1114 of 10 May 2023, the Ministry of Finance and Public Credit authorized […]

ICIS launches Energy Foresight

(ICIS, 11.May.2023) — ICIS, a global source of Independent Commodity Intelligence Services, launches Energy Foresight, an integrated platform which provides one single view and understanding of gas, […]

Citgo Reports First Quarter 2023 Results

(Citgo, 10.May.2023) — Citgo Petroleum Corporation reported its 2023 first quarter financial and operational results. Favorable refining margins and product yields combined with strong asset […]

Pampa Energía Reveals First Quarter 2023 Results

(Pampa Energía, 10.May.2023) — Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent company with active participation in Argentina’s electricity and gas value chain, announces the […]

Petrobras on Contracting for Block BM-C-33

(Petrobras, 10.May.2023) — Petrobras, following up on the release disclosed on 05/08/2023, informs that Equinor, on behalf of the consortium formed to develop block BM-C-33, […]

Petrobras on Product Price Adjustments

(Petrobras, 10.May.2023) — Petrobras, regarding the pieces of news released in the media, clarifies that product price adjustments are made in the normal course of […]

Occidental Announces 1Q:23 Results

(Oxy, 9.May.2023) — Occidental (NYSE: OXY) announced net income attributable to common stockholders for the first quarter of 2023 of $983mn, or $1.00 per diluted share, […]

Petrobras Says Not Conducting Transactions in Private Market

(Petrobras, 9.May.2023) — Petrobras, in clarification to the pieces of news released by the media, informs that it is not conducting any sales transaction structuring […]

Saudi Aramco Reports 1Q:23 Earnings of $31.9bn [PDF Download]

(Saudi Aramco, 9.May.2023) — Global crude oil prices declined in the first quarter of 2023 mainly driven by macroeconomic events contributing to market volatility. Aramco […]

Chile Signs Oil Import Deal with YPF

(Reuters, 8.May.2023) — Chilean state oil company National Petroleum Company (ENAP) said on Monday it has signed a temporary agreement with Argentine oil firm YPF (YPFD.BA) to […]

Staatsolie Inks PSCs with TotalEnergies and QatarEnergy

(Staatsolie, 8.May.2023) — Staatsolie Maatschappij Suriname N.V. and TotalEnergies Suriname and QatarEnergy signed production sharing contracts for offshore blocks 6 and 8 on Monday 8 […]

AGM Approves Staatsolie’s 2022 Financial Statements [PDF Download]

(Staatsolie, 8.May.2023) — Staatsolie Maatschappij Suriname NV, together with its subsidiaries, realized a turnover of US$ 840 million in 2022. Subsequently, the contribution to the […]

MODEC’s Uaru FPSO Proceeds to EPCI Phase

(MODEC, 8.May.2023) — MODEC, Inc. will proceed with engineering, procurement, and construction on the Uaru Floating Production, Storage, and Offloading (FPSO) vessel following a final investment decision […]

Petrobras on Development of Block BM-C-33

(Petrobras, 8.May.2023) — Petrobras has approved, together with its partners Equinor and Repsol Sinopec Brasil, the final investment decision (Phase III) of block BM-C-33, operated […]

Petrobras on the Start-up of FPSO Anna Nery

(Petrobras, 8.May.2023) — Petrobras informs that the FPSO Anna Nery started production on 7 May 2023, in Campos Basin, within the project of revitalization of […]

AES Outlines Long-Term Strategy for Growth in Renewables & US Utilities

(AES, 8.May.2023) — The AES Corporation (NYSE: AES) outlined its long-term strategy for growth, including substantial growth in renewables and US utilities, and fully exiting coal by year-end […]

Equinor and Partners Announce $9bn FID for BM-C-33 in Brazil

(Equinor, 8.May.202) — Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is […]

GECF Unveils 4th Annual Gas Market Report [PDF Download]

(GECF, 5.Apr.2023) — The Gas Exporting Countries Forum (GECF) announced the launch of the fourth edition of its Annual Gas Market Report (AGMR). The report […]

Petrobras on Bahia Terra Production

(Petrobras, 5.May.2023) — Petrobras, following up on the releases disclosed on 03/31/2023 , 03/14/2023 and 04/13/2023 and 05/02/2023, informs that it obtained authorization from the […]

Sempra on 1Q:23 Earnings Results [PDF Download]

(Sempra, 4.May.2023) — Sempra (NYSE: SRE) (BMV: SRE) today announced first-quarter 2023 earnings of $969mn, or $3.07 per diluted share, compared to first-quarter 2022 earnings of $612mn, or $1.93 per diluted share. […]

Enbridge on Tolling Deal on Mainline Liquids System

(Enbridge, 4.May.2023) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that it has reached an agreement in principle on a negotiated settlement […]

AES On Track to Meet 2023 Guidance

(AES, 4.May.2023) — The AES Corporation (NYSE: AES) reported financial results for the quarter ended March 31, 2023. Highlights: Strategic Accomplishments On track to complete 2023 construction […]

Marathon Reports 1Q:23 Results

(Marathon, 3.May.2023) — Marathon Oil Corporation (NYSE: MRO) reported first quarter 2023 net income of $417mn or $0.66 per diluted share, which includes the impact of certain items not typically […]

Frontera Reveals 1Q:23 Results

(Frontera, 3.May.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended March 31, 2023. All financial amounts in this […]

Tellurian Reports Weak 1Q:23 Financial Results [PDF Download]

(Tellurian, 3.May.2023) — Tellurian Inc. (NYSE American: TELL) continued making progress on Driftwood LNG phase one construction, added to natural gas acreage, production and sales, […]

Nacero to Submit Part II Application for Texas SAF Facility

(Nacero, 5.May.2023) — Nacero, Inc. announced that its Nacero TX subsidiary has been invited by the U.S. Department of Energy (DOE) to submit a Part II application […]

LatAm Gas Resources and Development Challenges: WoodMac

(WoodMac, 3.May.2023) — Latin America has significant gas resources that have not been prioritised for development. Natural gas demand in the region will continue to […]

Vespene and Viridi Launch Pilot Using Landfill Methane Emissions

(Vespene, 2.May.2023) — Vespene Energy, a biogas renewable energy developer, and Viridi Energy, a full-service renewable natural gas (RNG) platform, today announced the launch of […]

SBM Offshore Inks Deal for its Guyana FPSO Fleet

(SBM, 2.May.2023) — SBM Offshore has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for […]

Ecopetrol on 1Q:23 Earnings Report, Conference Calls

(Ecopetrol, 2.May.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, 9 May 2023, after market close, it will release its financial and operating results for […]

bp’s First Quarter 2023 Results [PDF Downloads]

(bp, 2.May.2023) — bp reported strong financial results in the first quarter of 2023 and the underlying replacement cost profit for the quarter was $5bn, […]

Alaska Airlines and ZeroAvia Developing Zero-emission Aircraft

(ZeroAvia, 1.May.2023) — Alaska Airlines presented a Bombardier Q400 regional turboprop to ZeroAvia that will be retrofitted with a hydrogen-electric propulsion system in an effort to expand […]

Fitch Affirms Freeport LNG Investments, LLLP of ‘B-‘

(Fitch Ratings, 1.May.2023) — Fitch Ratings has affirmed Freeport LNG Investments, LLLP‘s (FLNGI) Long-Term Issuer Default Rating (IDR) at ‘B-‘ and secured debt rating at ‘B’/’RR3’. The […]

Exxon Mobil not Quitting Exploration in Brazil

(Reuters, 1.May.2023) — Exxon Mobil Corp (XOM.N) is not giving up on oil exploration in Brazil, the company’s country chief Alberto Ferrin said on Monday during the […]

EAI’s NRGBriefs: Apr. 2023

(Energy Analytics Institute, 30.Apr.2023) — Energy briefs as well as others related to finance and politics during April 2023 including the US not blocking the […]

Eni Reports 1Q:23 Financial, Operational Results [PDF Downloads]

(Eni, 28.Apr.2023) — Eni‘s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the first quarter of 2023. ____________________

Venture Global Inks 20-Year LNG SPA with JERA Co.

(Venture Global, 28.Apr.2023) — Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the […]

Pampa Energía Files Form 20-F

(Pampa Energía, 28.Apr.2023) Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent energy integrated companies in Argentina, with participation in the electricity and gas value […]

ExxonMobil Advances Fifth Offshore Guyana Development

(ExxonMobil, 27.Apr.2023) — ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects […]

Hess Sanctions Uaru Development Offshore Guyana

(Hess, 27.Apr.2023) — Hess Corporation (NYSE: HES) has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after […]

Petrobras on Annual General Meeting

(Petrobras, 27.Apr.2023) — Petrobras informs that the Annual General Meeting, held today, exclusively under the digital format, analyzed and approved, by majority vote, the following: […]

Petrobras on Shareholders Remuneration

(Petrobras, 27.Apr.2023) — Petrobras, following the press release disclosed on 1 March 2023, informs that, in a meeting held today, the Annual General Meeting (AGM) […]

Atlas Renewables Inks Largest Private Solar PPA in LatAm

(Atlas Renewable Energy, 27.Apr.2023) — Atlas Renewable Energy signed a power purchase agreement with Albras, the largest primary aluminum producer in Brazil. Under the US […]

MPC Energy Solutions 1Q:23 Results Show Rise in Revenues and EBITDA

(MPC Energy, 27.Apr.2023) — MPC Energy Solutions (MPCES) announces its 1Q:23 results. The quarter was marked by several milestones including connecting three more projects to […]