Energy Analytics Institute (EAI)

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 […]

TotalEnergies Reports Strong 1Q:23 Results [PDF Downloads]

(TotalEnergies, 27.Apr.2023) — TotalEnergies “again demonstrates its ability to generate strong results, posting in the first quarter 2023 adjusted net income of $6.5 billion,” CEO […]

ENAP Starts Cash Tender Offer

(ENAP, 26.Apr.2023) — Empresa Nacional del Petróleo (ENAP) has commenced a cash tender offer, on the terms and subject to the conditions set forth in […]

Hess Reports 1Q:23 Results, Another Find Offshore Guyana [PDF Downloads]

(Hess, 26.Apr.2023) — Hess Corporation (NYSE: HES) reported net income of $346mn, or $1.13 per share, in the first quarter of 2023, compared with net […]

Wintershall Dea Reports Important Shallow Water Find Offshore Mexico

(Wintershall Dea, 25.Apr.2023) Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect […]

Ecopetrol’s New CEO Seeks to Boost Oil Output Amid Petro Restrictions

(Bloomberg, 25.Apr.2023) — Ecopetrol SA will invest in technology to boost output at oil fields it operates as the Colombian government sticks to a pledge […]

Venezuela Seeks a Deal with Biden as Colombia Summit Begins

(NewsWeek, 25.Apr.2023) — As a multinational conference commences in Colombia, Venezuela is looking to make progress in talks not only with the country’s political opposition, […]

Eni Inaugurates Congo LNG Project in the Republic of the Congo

(Eni, 25.Apr.2023) — The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, today laid […]

Argentina Lithium Delineates Concentrated Lithium Brine Zone

(Argentina Lithium, 24.Apr.2023) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) reports continued positive lithium brine results at its Rincon West Project in Salta […]

Glenfarne Energy’s Texas LNG Receives Order on Remand from FERC

(Texas LNG, 24.Apr.2023) — Texas LNG, a four million tonnes per annum (“mtpa”) liquefied natural gas (LNG) export terminal to be constructed in the Port […]

Nabors Industries Reports 1Q:23 Revenues of $779mn

(Nabors, 24.Apr.2023) — Nabors Industries Ltd. (NYSE: NBR) today reported first quarter 2023 operating revenues of $779mn, an increase of 2.5%, compared to operating revenues of $760mn in the […]

Trinidad and Tobago: Natural Gas Crisis

(Trinidad Express, 23.Apr.2023) — The country’s lone cooking gas producer and several petrochemical plants at Point Lisas have been shut down amid a full-blown natural […]

Saverez to Launch Voluntary Takeover Bid on Exmar NV [PDF Download]

(Exmar, 3.Apr.2023) — Exmar NV (Euronext Brussels: EXM) has been informed today by Saverex NV that Saverex intends to launch a voluntary and conditional public […]

NatGas in Transition to Low-Carbon Economies [PDF Download]

(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for […]

Sintana Retains Carried Indirect Interest in Namibia

(Sintana Energy, 21.Apr.2023) — Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) confirmed that over fifty per cent of the 6,872 square kilometers of 3D seismic […]

Nucor Reports 1Q:23 Results

(Nucor, 20.Apr.2023) — Nucor Corporation (NYSE: NUE) announced net earnings attributable to Nucor stockholders of $1.14bn, or $4.45 per diluted share, for the first quarter of 2023. By […]

Biden to Discuss Venezuela Sanctions with Colombia’s Petro

(Reuters, 19.Apr.2023) — President Joe Biden will discuss Venezuela in wide-ranging talks with Colombian President Gustavo Petro on Thursday, including U.S. willingness to further ease […]

Frontera on 1Q:23 Results and Webcast Dates

(Frontera, 19.Apr.2023) — Frontera Energy Corporation (TSX: FEC) announces that its first quarter 2023 results will be released after markets close on Wednesday 3 May 2023. […]

Port of Corpus Christi Sees Record 1Q:23 Tonnage

(Port of Corpus Christi, 18.Apr.2023) — The Port of Corpus Christi Authority closed its first quarter of 2023 (Q1-2023) with record tonnage of 49.6 million […]