Energy Analytics Institute (EAI)

Award of Two New CO2 Storage Licences on the Norwegian Continental Shelf

(Les på norsk, 31.Mar.023) — Today the Norwegian Ministry of Petroleum and Energy publishes offers for two new exploration licences related to CO2 storage under […]

Global Gas Flaring Tracker Report [PDF Download]

(The World Bank, 31.Mar.2023) — After a decade of little progress, global gas flaring volumes fell by around 3% in 2022. However, despite this welcome […]

EAI’s NRGBriefs: Mar. 2023

(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a […]

Marathon Oil to Further Develop Equatorial Guinea Gas Mega Hub

(Marathon Oil Corp., 30.Mar.2023) — Marathon Oil Corporation (NYSE: MRO), through its affiliated company Marathon E.G. Holding Limited, has signed a Heads of Agreement (HOA) with the […]

Uranium Energy on Uranium Producers of America

(Uranium Energy, 29.Mar.2023) —Uranium Energy Corp (NYSE American: UEC) announced that Scott Melbye, UEC’s Executive Vice President, has been re-elected to serve another term as President […]

Petrobras on Ministry of Mines and Energy Letter

(Petrobras, 29.Mar.2023) — Petrobras, following up on the release disclosed to the market on 17 March 2023, informs that it received Official Letter 257/2023/GM-MME from […]

Petrobras on Climate Supplement

(Petrobras, 29.Mar.2023) — Petrobras released the new edition of its Climate Supplement. The document details information regarding Petrobras’ emissions performance in 2022, in addition to […]

MPC Energy Expands Further into Puerto Rico

(MPC Energy, 28.Mar.2023) — MPC Energy Solutions (MPCES) invests in a 2.6 MW grid-tied combined-heat-and-power plant (CHP) development project in Puerto Rico. This is the second […]

SSR Mining Reports Positive Results at Puna [PDF Download]

(SSR Mining, 27.Mar.2023) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced results from 48 drill holes completed at the Puna project for the period […]

Petrobras on Supplier Engagement in Sustainable Practices

(Petrobras, 27.Mar.2023) — Petrobras was recognized as one of the leading companies in supplier engagement by the international organization CDP, formerly known as the Carbon […]

Frontera Refinances Existing Puerto Bahía Debt, Enters Into Credit Agreement

(Frontera, 27.Mar.2023) — Frontera Energy Corporation (TSX: FEC) announces that Frontera’s wholly-owned subsidiary, Pipeline Investment Limited (PIL), which owns a 35% equity interest in Oleoducto […]

Baker Hughes to Supply Trains for Port Arthur LNG Phase 1 Project

(Baker Hughes, 27.Mar.2023) — Baker Hughes (NASDAQ: BKR), an energy technology company, has been awarded an order by Bechtel to supply two Main Refrigerant Compressors […]

ONE GUYANA FPSO Reaches Drydock [Video]

(Energy Analytics Institute, 24.Mar.2023) — The ONE GUYANA FPSO has arrived in drydock at Keppel shipyard. This marks a key milestone in the project, this […]

Ecopetrol Names Alberto Consuegra Granger as Interim CEO

(Ecopetrol, 24.Mar.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on 24 March 2023, its Board of Directors appointed Alberto Consuegra Granger as interim CEO of Ecopetrol […]

Ecopetrol Not Advancing Plans to Buy Monómeros Colombo Venezolanos S.A.

(Ecopetrol, 24.Mar.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, with regards to statements in the public media about a possible acquisition by Ecopetrol of the […]

Petrobras on Route 3 Integrated Project

(Petrobras, 24.Mar.2023) — Petrobras, following up on the release disclosed on 09/23/22, has signed a contract with the company Toyo Setal Empreendimentos Ltda. to conclude […]

TotalEnergies Publishes its Full Response to Le Monde French Newspaper

(TotalEnergies, 23.Mar.2023) — Contrary to Le Monde French newspaper’s assertion that TotalEnergies refused to respond to so-called accusations, we are publishing the exhaustive answers we […]

Petrobras Comments on Its Price Policy

(Petrobras, 23.Mar.2023) — Petrobras, regarding the pieces of news published in the media about the company’s Price Policy, clarifies that product price adjustments are made […]

A Supercharged China Could Turn up the Heat on Global Commodities

(WoodMac, 23.Mar.2023) — The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country […]

Energy Chamber Facilitates Talks on Carbon Border Adjustment

(Energy Chamber, 22.Mar.2023) — The Energy Chamber of Trinidad & Tobago was delighted to collaborate with the European Union and Caribbean Export Development Agency (Caribbean […]

Paratus Energy Services Ltd Announces 4Q:22 Trading Update

(Paratus Energy, 21.Mar.2023) — Paratus Energy Services Ltd. announced a trading update for the fourth quarter 2022 and updates on Paratus, its subsidiaries and associated […]

CGG, TGS and BGP Complete Phase IV of 3D Multi-Client Survey Offshore Suriname

(CGG, 21.Mar.2023) — CGG, a global technology and HPC leader, in a consortium with TGS and BGP, announced the completion of Phase IV of the […]

Sempra Launches Port Arthur LNG with $13bn FID [Video + PDF Download]

(Sempra, 20.Mar.2023) — Sempra (NYSE: SRE) (BMV: SRE) announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP, reached a positive final investment decision (FID) for the development, […]

Ecopetrol Obtains Authorization to Borrow One Trillion Pesos from Bancolombia

(Ecopetrol, 17.Mar.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, as part of its integral debt management strategy and the refinancing of the debt maturing on […]

Petrobras on Letter from the Ministry of Mines and Energy (MME)

(Petrobras, 17.Mar.2023) — Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of […]

Convening of Annual Shareholders’ Meeting of 26 May 2023

(Petrobras, 16.Mar.2023) — The Board of Directors of TotalEnergies SE, met on 15 March 2023 under the chairmanship of Patrick Pouyanné, Chairman and Chief Executive […]

Petrobras on Nominations to Board of Directors and Fiscal Council

(Petrobras, 15.Mar.2023) — Petrobras, following up on the press releases of 02/28/2023, 03/01/2023 and 03/08/2023, informs that it received an official letter from the Ministry […]

Shell Takes FID at Dover in US Gulf of Mexico

(Shell, 15.Mar.2023) — Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the […]

Guyana Gov’t Releases Draft Model Petroleum Agreements [PDF Downloads]

(Ministry of Natural Resources, 14.Mar.2023) — The Ministry of Natural Resources, on behalf of the Government of Guyana, is pleased to announce the release of […]

Petrobras on Bahia Terra Production Stoppage

(Petrobras, 14.Mar.2023) — Petrobras, following up on the release disclosed on 13 December 2022, clarifies that it is taking all necessary steps to resume production […]

Interoil Releases Feb. 2023 Production Report

(Interoil, 13.Mar.2023) — In February 2023, Interoil’s average daily operated production increased by 573 boepd recovering most of the lost production from previous months. During […]

Petrobras Says No BOD Decision Regarding Bahia Terra Cluster Divestment

(Petrobras, 13.Mar.2023) — Petrobras, regarding the pieces of news released in the media, informs that the divestment process of the Bahia Terra Cluster is in […]

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 […]