Energy Analytics Institute (EAI)

Equinor and RWE to Cooperate on Energy Security and Decarbonization

(Equinor, 5.Jan.2023) — Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace […]

Exiled Venezuela Lawmakers Chosen to Lead Anti-Maduro Fight

(AP, 5.Jan.2023) — Venezuela’s opposition has selected an all-female team of mostly unknown exiled former lawmakers to replace the beleaguered Juan Guaidó as the face […]

Global LNG Represents 39% of EU Gas Imports in 2022

(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of […]

Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]

(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The […]

Energy Toolbase and Sunshine Deploy Storage System in Costa Rica

(Energy Toolbase, 5.Jan.2023) — Energy Toolbase has deployed its Acumen EMS™ controls software on an energy storage system with Sunshine, a Costa Rica-based solar development company. […]

Petrobras on Management Change

(Petrobras, 4.Jan.2023) — Petrobras informs that its Board of Directors, in a meeting held on this date, approved the early termination of Mr. Caio Mário […]

Trinity Gas Storage Closes Financing with Transition Equity Partners

(Trinity, 4.Jan.2023) — Trinity Gas Storage, LLC announced the closing of financing by Transition Equity Partners, LLC (TEP) to advance the development of Trinity Gas […]

CGG, TGS Announce Foz do Amazonas Phase II

(CGG, 4.Jan.2023) — CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, today announced the second phase […]

New Nucor Steel Brandenburg Plate Mill Rolls First Plate

(Nucor, 3.Jan.2023) — Nucor Corporation (NYSE: NUE) announced today that the company’s new state-of-the-art steel plate mill in Brandenburg, Kentucky, rolled its first steel plate on Friday, 30 […]

Talos Achieves Successful Results from Lime Rock and Venice Prospects

(Talos, 3.Jan.2023) — Talos Energy Inc. (NYSE: TALO) today announced that the company’s Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas […]

Energy Analytics Institute’s NRGBriefs: December 2022

(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on […]

Ecopetrol Informs Petition on the Collective Bargaining Agreement

(Ecopetrol, 30.Dec.2022) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that company’s coexisting unions filed a petition on the current Collective Bargaining Agreement. Ecopetrol also filed today […]

Chevron Sending Two Oil Tankers to Venezuela Under US Approval

(Reuters, 30.Dec.2022) — U.S. oil company Chevron Corp (CVX.N) is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined […]

US Offers Credit for New Qualified Clean Vehicles

(IRS, 30.Dec.2022) — If you bought and placed in service a new qualified plug-in electric vehicle (EV) or fuel cell vehicle (FCV) on 1 January […]

Petrobras News in the Media

(Petrobras, 30.Dec.2022) — Petrobras, regarding the pieces of news in the media about expectations of new adjustments in fuel prices, clarifies that adjustments in product […]

Petrobras on Naming of New CEO

(Petrobras, 30.Dec.2022) — Petrobras, in relation to the news published in the media, clarifies that it has not yet been formally communicated of the nomination […]

GoldMining Inc. Announces Updated At-the-Market Equity Program

(GoldMining, 30.Dec.2022) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) has entered into an equity distribution agreement dated 30 December 2022 with a syndicate of agents, […]

B2Gold Reports Two Fatalities from Off-Site Incident in Mali

(B2Gold, 29.Dec.2022) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) deeply regrets to report that two B2Gold employees have passed away as a result of injuries sustained in […]

EDF Divests Interest in Five Wind Projects in the US

(EDF Renewables, 29.Dec.2022) — EDF Renewables North America announced today it has completed the transaction with Boralex Inc. (TSX: BLX) by which Boralex has acquired EDF Renewables’ […]

Boralex Buys 50% Stake in Five US Wind Farms

(Boralex, 29.Dec.2022) — Boralex Inc. (TSX: BLX), a leader in renewable energy, today announced it has completed the acquisition of EDF Renewables North America’s interest […]

Diesel Prices in 2023? Don’t Expect Much Relief

(Investor’s Business Day, 29.Dec.2022) — U.S. diesel prices hit all time highs in 2022 as demand surged and supplies of the critical heating and transportation […]

FACT BOX: Keystone Pipeline System [MAP]

(TC Energy, 29.Dec.2022) — The Keystone Pipeline System, stretching 4,324 km (2,687-miles) in length, plays a key role in delivering Canadian and U.S. crude oil […]

Newpark Completes Gulf of Mexico Transactions

(Newpark Resources, 28.Dec.2022) — Newpark Resources, Inc. (NYSE: NR) completed the previously announced transactions, which effectively provide for the company’s exit from the Gulf of Mexico market. The […]

Pan American Silver Files Management Information Circular

(Pan American Silver, 28.Dec.2022) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) filed the management information circular in respect of the special meeting of shareholders of […]

November 2022 – Commentary from Dan Pickering

(Pickering Energy Partners, 28.Dec.2022) — November was a generally sidewise month for energy while the S&P500 enjoyed a bear market rally. The S&P500 gained +5.6% […]

Trinidad Ready to Reject BP, Shell Offshore Exploration Bids

(Reuters, 28.Dec.2022) — Trinidad and Tobago is preparing to reject four offshore exploration bids by BP Plc (BP.L) and Shell Plc (SHEL.L), according to people familiar with the […]

Sempra Inks SPA with RWE for Port Arthur LNG

(Sempra Infrastructure, 28.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) […]

Exchange Offers for Venezuelan Government and PDVSA Bonds

(Canaima Fund Lux, 28.Dec.2022) — Canaima Fund Lux (“Issuer“), a securitization fund governed by the Luxembourg Law of 22 March 2004 on securitization undertakings, registered under number O27, […]

Talos Successfully Completes Fall Borrowing Base Redetermination

(Talos, 27.Dec.2022) — Talos Energy Inc. (NYSE: TALO) announced that its current borrowing base was reaffirmed at $1.1bn as part of its semi-annual redetermination process for the fall […]

Marathon Oil Completes Eagle Ford Acquisition

(Marathon, 27.Dec.2022) — Marathon Oil Corporation (NYSE: MRO) today announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a […]

Oman LNG Signs 3 Binding Term-sheet Agreements with Japan

(Oman LNG, 27.Dec.2022) — Oman LNG announced today the signing of binding sheet agreements with three (3) Japanese firms for the delivery of LNG, starting […]

Open Uruguay Round: Second Instance 2022

(ANCAP, 26.Dec.2022) — As a result of the Open Uruguay Round process approved by Decree 111/019, three bids for the exploration and production of hydrocarbons […]

Venture Global and Inpex Ink LNG SPA

(Venture Global, 26.Dec.2022) — Today, Venture Global LNG and Inpex Corporation announced the execution of a long-term Sales and Purchase Agreement (SPA) for the purchase […]

Biden-Harris Administration Invests Over $84mn in 36 Drought Resiliency Projects

(Bureau of Reclamation, 23.Dec.2022) — The Department of the Interior today announced a $84.7mn investment from President Biden’s Bipartisan Infrastructure Law to help 36 communities throughout the […]

LatAm Politics Today from Argentina to Peru

(Reuters, 23.Dec.2022) — The latest in Latin American politics today: ex-ministers in Peru recount Castillo’s dramatic final day, U.S. court rejects Maduro ally’s bid to […]

Freeport LNG Updates on Restart of Liquefaction Facility

(Freeport LNG, 23.Dec.2022) — Freeport LNG today updated the timing of the initial restart of its liquefaction facility. The company continues to make notable progress […]

The Price of Energy Insecurity

(IMF, 22.Dec.2022) — Climate change is an environmental issue. It’s also clearly an economic issue, and at the heart of the economics of climate change […]

Broxel Releases First Emissions Report

(Broxel, 22.Dec.2022) — Broxel, a leading FinTech company in Latin America, released its first emissions report as part of the company’s commitment to become carbon neutral. […]

Petrobras on Divestment of UEG Araucária S.A. Stake

(Petrobras, 22.Dec.2022) — Petrobras, following up on the release disclosed on 12 July 2022, informs that its Executive Board approved adjustments to the competitive process […]

Petrobras Concludes Divestment of Papa-Terra Field

(Petrobras, 22.Dec.2022) — Petrobras, following up on the release disclosed on 12 July 2021, informs that today it concluded the sale of the totality of […]

QatarEnergy Inks Deal with QPD for Offshore Developments

(QatarEnergy, 22.Dec.2022) — QatarEnergy and Japan’s Qatar Petroleum Development Company (QPD) have signed a new agreement for the continued development and production of the Al-Karkara […]

Open Uruguay Round [PDF Download]

(Energy Analytics Institute, 22.Dec.2022) — South America’s Uruguay, a reliable country where above ground risks are minimized, is offering excellent opportunities for companies to acquire […]

Hess Achieves CDP Climate Change Leadership Status

(Hess, 21.Dec.2022) — Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2022. Hess has earned Leadership status for 14 consecutive […]

Petrobras on the Start of P-71 Production

(Petrobras, 21.Dec.2022) — Petrobras put into operation, this 21 December 2022, the P-71 platform vessel, installed in the Itapu field, in the Santos Basin pre-salt […]

ADNOC L&S Inks Deal for Charter of LNG Floating Storage Unit with AG&P

(ADNOC, 21.Dec.2022) — ADNOC Logistics & Services (ADNOC L&S) and Atlantic Gulf & Pacific International Holdings (AG&P), a downstream LNG platform and infrastructure development company, […]

Cyprus: TotalEnergies Reveals New Gas Find Offshore in Block 6

(TotalEnergies, 21.Dec.2022) — TotalEnergies and Eni (operator) have made a new gas discovery at the Zeus-1 well, in Block 6, offshore Cyprus. This discovery follows […]

Pemex Lays Out Strategic Plan 2023-27 [PDF Download]

(Energy Analytics Institute, 21.Dec.2022) — Mexico’s state-owned energy giant Pemex revealed its Strategic Plan for 2023-2027 with production growth targets among others for the five-year […]

Rubio, Risch Introduce Legislation to Strengthen US-Venezuela Policy

(Marco Rubio, 20.Dec.2022) — In response to the Biden Administration’s policy of concessions to the criminal Maduro narco-regime, U.S. Senators Marco Rubio (R-FL) and Jim […]

Petrobras on Divestment of Araucária Nitrogenados S.A.

(Petrobras, 19.Dec.2022) — Petrobras, following up on the release disclosed on 30 October 2020, informs that, observing the applicable internal governance, the termination of the […]