Energy Analytics Institute (EAI)

Atlantic LNG joins International Association of Oil and Gas Producers

(Trinidad and Tobago Newsday, 4.Aug.2022) — Atlantic LNG joined the International Association of Oil and Gas Producers (IOGP), making it the world’s first large-scale LNG […]

Ecopetrol Group Announces 2Q:22 Results [PDF Downloads]

(Ecopetrol, 4.Aug.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announced the Ecopetrol Group’s financial results for the second quarter of 2022. The financial results were prepared in […]

NRGBriefs: Petrobras on CVM; Morgan Stanley on Ecopetrol; GtE Guyana

HOUSTON, TEXAS (Energy Analytics Institute, 4.Aug.2022, Words: 346) — Energy briefs including Petrobras receiving an official letter from the Securities and Exchange Commission of Brazil […]

Sempra Reports 2Q:22 Earnings of $559mn

(Sempra, 4.Aug.2022) — Sempra (NYSE: SRE) (BMV: SRE) announced second-quarter 2022 earnings of $559mn, or $1.77 per diluted share, compared to second-quarter 2021 earnings of $424mn, or $1.37 per diluted share. On […]

Bristow Completes Acquisition of British International Helicopter Services Limited

(Bristow, 3.Aug.2022) — Bristow Group Inc. (NYSE: VTOL) has completed its acquisition of British International Helicopter Services Limited (“BIH”) effective 2 August 2022, further enhancing its […]

Ecopetrol Reports 2Q:22 Results [PDF Downloads]

(Ecopetrol, 3.Aug.2022) — The Ecopetrol Group‘s figures for the period ending June 2022 mark a new historical milestone for the company, having achieved the best […]

APA Corp. Keeps 2022 Capex Unchanged at $1.725bn

(APA Corporation, 3.Aug.2022) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the second-quarter 2022. APA reported net income attributable to common […]

NRGBriefs: Ecopetrol Virtual Press Event [Video w/ Felipe Bayón Pardo]

(Energy Analytics Institute, 3.Aug.2022) — Energy briefs including Colombia’s state-owned oil company Ecopetrol holding a virtual press event. LATIN AMERICA AND THE CARIBBEAN Colombia — […]

Gas-to-energy project supports Guyana’s use of its natural resources

(Hess, 3.Aug.2022, Words: 446) — Hess, ExxonMobil and CNOOC – co-venture partners on the Stabroek Block – recently finalized an agreement with the Government of […]

Colombia Must Meet International Deforestation Targets

(Reuters, 3.Aug.2022) — Colombia must base its conservation targets on international agreements that push for annual deforestation of 100,000 hectares or less by 2025, incoming Environment […]

Doral Energy and H2Pro Ink Deal for 200MW Electrolyzers for Green Hydrogen Projects

(H2Pro, 2.Aug.2022) — H2Pro and Doral Energy announce the signing of a strategic purchase agreement. Doral, as a global renewable energy developer, with 15 GW […]

Azule Energy Begins Operations in Angola

(Eni, 2.Aug.2022) — bp and Eni confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially […]

Petrobras Announces Commencement of SIP Deal with Petrogal Brasil

(Petrobras, 1.Aug.2022) — Petrobras, following up on the release disclosed on 30 Sep. 2020, informs that the Integrated Processing System (SIP) contract signed with Petrogal […]

PTTEP Approves Interim Dividend Payment at THB 4.25/share

(PTTEP, 1.Aug.2022) — PTTEP revealed its first-half of 2022 operating results with an increase in average sales volume primarily from Oman Block 61 Project and […]

TechnipFMC awarded significant contract for gas-to-energy project in Guyana

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Aug.2022) — TechnipFMC has been awarded a significant contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the gas-to-energy […]

Colombian Oil, Gas Loom Big

(Odessa American, 31.Jul.2022) — As the United States’ fourth-leading oil importer behind Canada, Mexico and Saudi Arabia, Colombia will keep growing in importance as major […]

Mexico Oil Refinery Accident Leaves 1 Dead, 1 Missing

(AP, 29.Jul.2022) — A fire at an oil refinery operated by Mexico’s state-owned Petroleos Mexicanos company left one worker dead and another missing Friday. The […]

Petrobras on Gas Find Offshore Colombia with Ecopetrol

(Petrobras, 29.Jul.2022) — Petrobras confirms the discovery of natural gas accumulation in the Uchuva-1 exploratory well, drilled in deep waters of Colombia, 32 kilometers off […]

Ecopetrol and Petrobras Announce Find at Uchuva-1 Gas Well

(Energy Analytics Institute, 29.Jul.2022) — Colombia’s state-owned oil and gas producer Ecopetrol and its Brazilian counterpart Petrobras announced a natural gas find offshore Colombia’s Caribbean […]

Petrobras Reports Solid 2Q:22 Results [PDF Downloads]

(Petrobras, 29.Jul.2022) — Once again we delivered solid quarterly results. According to our CFO, Rodrigo Araujo Alves, “Second quarter results show the resilience and strength […]

Fact Box: Petrobras’ Growth vs Sustaining CAPEX

(Petrobras, 28.Jul.2022) — Petrobras’ growth CAPEX corresponded to 64% of total capex in 2Q:22. Growth CAPEX are those with the primary objective of increasing the […]

Petrobras on Shareholder Remuneration Policy

(Petrobras, 28.Jul.2022) — Petrobras, following up on the press release disclosed today, informs that its Board of Directors, at a meeting held today, approved the payment […]

Baleine East 1X Successfully Tested in Block CI-802 in Côte d’Ivoire

(Eni, 28.Jul.2022) — Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine […]

Repsol Confirms Venezuela Crude Deal Restart

(Argus, 28.Jul.2022) — Spain’s integrated Repsol has resumed its crude-for-debt deal with Venezuela, and said the arrival of around 3mn bl of Venezuelan crude at […]

Ecopetrol to Reveal 2Q:22 Results, Host Conference Calls

(Ecopetrol, 28.Jul.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that on Wednesday 3 August 2022, after market close, it will release its financial and operating results […]

New Oil Power Guyana to Surpass US Offshore by 2035

(Forbes, 28.Jul.2022) — As the Biden administration focuses on its efforts to end new leasing and drilling for oil and gas in the Gulf of […]

NRGBriefs: XOM, OXY, CVX Dividends; Hess Guyana Liftings

(Energy Analytics Institute, 27.Jul.2022) — Energy briefs including US Vice President Kamala Harris speaking with Guyana’s President Mohamed Irfaan Ali about energy and other issues; […]

Equinor Announces Dividend in NOK for 2Q:22

(Equinor, 27.Jul.2022) — Equinor (OSE: EQNR, NYSE: EQNR) announced on 27 July 2022 an ordinary dividend per share of USD 0.20 and an extraordinary dividend […]

IDB Approves $1.14bn Credit Line to Argentina to Decarbonize Energy Sector

(IDB, 27.Jul.2022) — The Inter-American Development Bank (IDB) approved a $1.14bn conditional line of credit for investment projects to decarbonize Argentina’s energy sector. The IDB […]

Argentina to Have Third Economy Minister in a Month: Clarin

(Bloomberg, 27.Jul.2022) — Argentina’s President Alberto Fernandez is poised to name lower house Speaker Sergio Massa as the country’s new economy minister, appointing a second […]

NextDecade Announces 1 MTPA LNG Sale and Purchase Agreement with ExxonMobil

(NextDecade, 27.Jul.2022) — NextDecade Corporation (NASDAQ: NEXT) announced the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific (“EMLAP”), an […]

TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn

(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following […]

Hess Corporation Reports 2Q:22 Results [PDF Downloads]

(Energy Analytics Institute, 27.Jul.2022) — Hess Corporation (NYSE: HES) reported net income of $667mn, or $2.15/shr common in the 2Q:22 vs a net loss of […]

Subsea 7 and Van Oord Consortium Inks Contract Offshore Guyana

(Subsea 7, 27.Jul.2022) — Subsea 7 and Van Oord announced the award of a substantial(1) contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) […]

ExxonMobil Makes Two More Discoveries Offshore Guyana

(ExxonMobil, 26.Jul.2022) — ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The […]

Hess Announces Two More Discoveries Offshore Guyana

(Hess, 26.Jul.2022) — Hess Corporation (NYSE: HES) today announced two new discoveries at the Seabob-1 and Kiru-Kiru-1 wells on the Stabroek Block offshore Guyana. The discoveries, which […]

Cheniere and PTT Sign Long-Term LNG Sale and Purchase Agreement

(Cheniere, 26.Jul.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced that its wholly-owned subsidiary, Corpus Christi Liquefaction, LLC (“CCL”) entered into a long-term liquefied natural […]

Global Economic Growth Slows Amid Gloomy Outlook

(IMF, 26.Jul.2022) — The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many […]

Guyana Moves Ahead with Q3 Oil Block Auction

(Reuters, 25.Jul.2022) — Guyana’s government expects that an upcoming auction for oil and gas blocks will attract new companies to its energy industry, President Irfaan […]

NRGBriefs: FPSO Brazil Congress 2022 in Rio de Janeiro

(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including the government of the Brazilian state of Ceara teaming up with Enel Green Power Brasil to study […]

Shell USA and Shell Midstream in Merger Deal Valued at $1.96bn

(Shell USA, 25.Jul.2022) — Shell USA, Inc. and Shell Midstream Partners, L.P. (NYSE: SHLX) (“SHLX”) announced they have executed a definitive agreement and plan of merger pursuant […]

Matson Publishes Sustainability Report for 2021

(Matson, 25.Jul.2022) — Matson, Inc. (NYSE: MATX), an U.S. carrier in the Pacific, has published its 2021 Sustainability Report that describes the company’s progress toward achieving […]

Petrobras Receives Letter from Economy Ministry about Dividends

(Petrobras, 25.Jul.2022) — Petrobras, regarding the news published in the media, confirms that it received, on 06/22/2022, a letter from the Special Secretary of the […]

NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]

(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including Hess Corporation (NYSE: HES) announcing publication of its annual sustainability report; and Frontera Energy Corporation (TSX: FEC) revealing […]

Reynolds Transitioning to Hybrid and Electric Vehicle Fleet

(Reynolds American, 25.Jul.2022) — Reynolds American Inc., the BAT Group‘s U.S. subsidiary, and its companies (Reynolds) is advancing its Environmental, Social & Governance (ESG) goals […]

Frontera Extends Substantial Issuer Bid to 8 Aug.

(Frontera, 25.Jul.2022) — Frontera Energy Corporation (TSX: FEC) has extended the expiry time of its offer to purchase from shareholders up to $65mn (equivalent to US$50mn) of its […]

Eni Reports Find in the Berkine North Onshore Basin, Algeria

(Eni, 25.Jul.2022) — Eni and SONATRACH announced a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. […]

bp on Redemption of $2.85bn of Outstanding Notes

(bp, 25.Jul.2022) — BP p.l.c. (NYSE: BP) (LON: BP) announced that its wholly-owned subsidiary BP Capital Markets America Inc. (“BPCMA”) is exercising the option to […]

Production Starts at Ikike Field Offshore Nigeria

(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike […]

Aris Gold and GCM Mining Announce Merger

(Aris Gold, 25.Jul.2022) — GCM Mining Corp. (GCM) (TSX: GCM) (OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS) (OTCQX: ALLXF) announce they have entered into a definitive agreement (the […]