Energy Analytics Institute (EAI)

Citgo Offers to Purchase $407mn in Senior Notes

(Citgo, 13.Mar.2023) — Citgo Holding, Inc., a Delaware corporation, today announced its offer to purchase (the “Offer”) for cash an aggregate principal amount of up to $406.645mn (the “Excess […]

Venture Global Announces FID for Phase II of Plaquemines LNG facility

(Venture Global, 13.Mar.2023) — Venture Global LNG is announcing a final investment decision (FID) and successful closing of the $7.8bn project financing for the second […]

Energy Minister Meets with Shell Execs in Texas

(Trinidad Guardian, Chester Sambrano, 10.Mar.2023) — Minister of Energy and Energy Industries, Stuart Young MP, has held talks with Shell Executives in Houston, Texas, this […]

Petrobras and Shell Ink MOU during CERAWeek

(Petrobras, 9.Mar.2023) — Petrobras announces that its CEO Jean Paul Prates, and Wael Sawan, Shell‘s CEO, signed today a Memorandum of Understanding, during CERAWeek, in […]

Citgo Reports 4Q:22 and YE:22 Results

(Citgo, 9.Mar.2023) Citgo Petroleum Corporation today reported its 2022 fourth quarter and year-end financial results. Highlights: Fourth quarter net income of $806mn and EBITDA[1] of $1.2bn Fourth quarter […]

T&T Energy Minister Holds Successful Talks at CERAWeek in Houston

(Loop, 8.Mar.2023) — Energy Minister Stuart Young says he has had successful discussions at CERAWeek in Houston where a number of important engagements with key stakeholders […]

Pow.re Secures 100 MW of Renewable Power in Paraguay

(Pow.re, 8.Mar.2023) — Pow.re Holdings Limited, a high-density computing (“HDC”) and fintech enterprise, has entered into a binding agreement with a local partner to secure […]

Freeport LNG Gets FERC Approval to Restart Train 1

(Freeport LNG, 8.Mar.2023) — Freeport LNG Development, L.P. announced that it has received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline […]

Biden-⁠Harris Administration Advances Cleaner Industrial Sector

(The White House, 8.Mar.2023) — Today, the Biden-Harris Administration announced new actions to grow American competitiveness, expand manufacturing jobs, and reduce greenhouse gas emissions from […]

Chevron and JERA to Explore CCS projects in the US and Australia

(Chevron, 7.Mar.2023) — Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co., Inc. have signed a Memorandum of Understanding (MOU) that provides […]

KAPSARC to Participate in CERAWeek by S&P Global 2023

(KAPSARC, 5.Mar.2023) — The Riyadh-based King Abdullah Petroleum Studies and Research Center (KAPSARC) will join the world’s energy industry leaders, experts, government officials and policymakers […]

Elon Musk Plans to Build the World’s Largest Tesla Plant in Mexico

(Mexican Gov’t, 2.Mar.2023) — Elon Musk announces plan to build the largest Tesla plant in the world in Mexico. Highlights: –Construction of the factory will […]

Petrobras on Change to Price Policy

(Petrobras, 2.Mar.2023) — Petrobras, in clarification to the pieces of news released by the media, informs that, in the scope of the Executive Board and […]

ExoCoBio Gets License For Hyaluronic Acid Dermal Fillers from Brazil ANVISA

(ExoCoBio, 2.Mar.2023) — ExoCoBio Inc. announced that it obtained the “Certificate of Advanced Biopharmaceutical Manufacturing” from the Ministry of Food and Drug Safety in Korea […]

Exxon Mobil Corp. Sued by EEOC for Race Discrimination

(US EEOC, 2.Mar.2023) — Exxon Mobil Corporation, doing business as ExxonMobil Chemical Corporation, violated federal law when it failed to take effective measures to prevent […]

Petrobras Financial Performance in 4Q:22 [PDF Download]

(Petrobras, 1.Mar.2023) — Petrobras reported its financial performance in the fourth quarter of 2022. Message from the CFO Dear shareholders and investors, With a strong […]

Petrobras on 4Q:22 Tax Report [PDF Download]

(Petrobras, 1.Mar.2023) — In 2022, Petrobras achieved its annual tax contribution record, collecting a total of R$279bn in taxes and Government Take (Gov. Take) in […]

TotalEnergies Acquires CEPSA’s Upstream Assets in Abu Dhabi

(TotalEnergies, 1.Mar.2023) — TotalEnergies signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates with an effective date of 1 […]

Petrobras on Remuneration to Shareholders

(Petrobras, 1.Mar.2023) — Petrobras informs that its Board of Directors, at a meeting held today, authorized, by a majority vote, the submission to the General […]

Ecopetrol’s 2022 Earnings Distribution Proposal

(Ecopetrol, 28.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) hereby informs of the company’s 2022 earnings distribution proposal, approved by the company’s Board of Directors, which will […]

Ecopetrol Reports Strong 4Q:22 Results [PDF Downloads]

(Ecopetrol, 28.Feb.2023) — During 2022, the Ecopetrol Group continued delivering record operating and financial results and above the targets set at the beginning of the […]

Noble Announces Changes to its Share Capital

(Noble, 28.Feb.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) announces changes to its share capital. During the period since 31 January 2023, 404,861 new A […]

Excelerate and Venture Global Announce SPA

(Venture Global, 28.Feb.2023) — Excelerate Energy, Inc. (NYSE: EE) and Venture Global LNG announced the execution of a 20-year LNG Sales and Purchase Agreement (SPA). […]

Chevron Reaffirms Higher Returns, Lower Carbon Objectives [PDF Download]

(Chevron, 28.Feb.2023) — At its annual investor meeting, Chevron Corporation (NYSE: CVX) reported on its progress to leverage its strengths to safely deliver lower carbon […]

Petrobras on Candidates Nominated for BODs [PDF Download]

(Petrobras, 28.Feb.2023) — Petrobras received an official letter from the Ministry of Mines and Energy (MME) containing the list of candidates who will compose the […]

John F. Kerry to Address CERAWeek by S&P Global 2023

(S&P Global, 27.Feb.2023) — The United States Special Presidential Envoy for Climate, John F. Kerry, will address delegates at the 41st annual CERAWeek by S&P Global, 6-10 […]

AES Delivers on All 2022 Financial and Strategic Objectives

(AES, 27.Feb.2023) — The AES Corporation (NYSE: AES) today reported financial results for the year ended 31 December 2022. “2022 was another record year for AES, one […]

GoldMining Launches US GoldMining IPO

(GoldMining, 27.Feb.2023) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) announced that its subsidiary, U.S. GoldMining Inc. (“USGO”) has filed a registration statement on Form […]

Venture Global on Roof Raising at Plaquemines LNG Facility

(Venture Global LNG, 27.Feb.2023) — Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines […]

Noble Announces 4Q:22 and YE:22 Results

(Noble, 27.Feb.2023) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) reported fourth quarter and full year 2022 results. Highlights: Integration of Maersk Drilling well underway, […]

The Dragon Dance

(Trinidad and Tobago Newsday, 25.Feb.2023) — Energy Minister Stuart Young has again expressed confidence that Trinidad and Tobago (TT) would successfully conclude and execute a […]

Ecopetrol Boosts Reserves to 2,011 MMboe at YE:22, Highest in 8 Years

(Ecopetrol, 24.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) reported its proven crude oil, condensate, and natural gas reserves (1P reserves according to the standard international denomination), […]

Gas Contracts Central to Nord Stream Pipeline Mystery

(WoodMac, 24.Feb.2023) — Responsibility for the attack last September remains unknown. It could be crucial for multi-billion dollar arbitration claims. “A wise man,” wrote the […]

Ecopetrol Publishes Measures Ahead of General Shareholders’ Meeting

(Ecopetrol, 24.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal […]

Trinidad to Begin Negotiations for Gas Deal with Venezuela in March

(Reuters, 24.Feb.2023) — Trinidad and Tobago expects to formally begin negotiations next month with Venezuela on a promising offshore natural gas project, the Caribbean nation’s […]

Ecopetrol on General Shareholders’ Meeting

(Ecopetrol, 24.Feb.2023) — The Chief Executive Officer of Ecopetrol S.A. hereby summons all Shareholders to the ordinary Assembly of the General Shareholders’ Meeting to be held on Thursday, 30 March […]

Mandalay Resources Reveals 4Q:22, YE:22 Results

(Mandalay, 24.Feb.2023) — Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) announced its financial results for the fourth quarter and year ended December 31, 2022. The company’s […]

Majors Capex Guidance Update

(Energy Analytics Institute, 23.Feb.2023) — “Despite bumper profits, the peer group is guiding towards $118bn in total investment in 2023, up just 4% on last […]

Petrobras on Tax Contingencies with RJ State

(Petrobras, 23.Feb.2023) — Petrobras, in clarification to the pieces of news disclosed in the media, reiterates its commitment to tax compliance as a pillar of […]

Eni: 4Q:22 and YE:22 Results [PDF Downloads]

(Eni, 23.Feb.2023) — Eni‘s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter […]

TotalEnergies Inks Renewable PPAs with Sasol and Air Liquide

(TotalEnergies, 23.Feb.2023) — TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply […]

EAI’s NRGBriefs: Feb. 2023

(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of […]

How the Russia-Ukraine War is Changing Energy Markets

(WoodMac, 23.Feb.2023) — Ukraine’s battle is existential. The country has suffered a year of lost lives, its people forced to live each day in perpetual […]

Cheniere Partners Reports 4Q:22 and YE:22 Results

(Cheniere, 23.Feb.2023) — Cheniere Energy Partners, L.P. (NYSE American: CQP) announced its financial results for fourth quarter and full year 2022. HIGHLIGHTS For the three […]

Cheniere Initiates Permitting Process to Expand LNG Export Capacity at Sabine Pass

(Cheniere, 23.Feb.2023) — Cheniere Energy Partners, L.P. (NYSE American: CQP), a subsidiary of Cheniere Energy, Inc. (NYSE American: LNG), announced that certain of its subsidiaries […]

Gulfstream LNG Begins Advances Project Development

(Gulfstream LNG Development, 22.Feb.2023) — Gulfstream LNG Development, LLC, a recently launched mid-sized greenfield LNG export project, announced that it has filed an application to […]

Frontera Announces 2022 Year End Reserves

(Frontera, 22.Feb.2023 — Frontera Energy Corporation (TSX: FEC) today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (“D&M“). All dollar […]

Ecopetrol to Host 4Q:22 and Year End Webcast

(Ecopetrol, 22.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, 28 February 2023, after market close, it will release its financial and operating results for the […]

Chevron Inks MOU with Egypt on Methane Management

(Chevron, 21.Feb.2023) — Chevron New Ventures PTE. LTD. and the Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) signed a memorandum of understanding (MoU) to […]

Freeport LNG to start operations at its LNG plant in south Texas

HOUSTON, TEXAS (Energy Analytics Institute, Ian Silverman, 21.Feb.2023, Words: 269) — Freeport LNG Development, L.P. has received regulatory approval to commence commercial operations of the […]