(US DOE, 22.Aug.2022) — One of President Biden’s signature accomplishments, the Inflation Reduction Act of 2022 (IRA), has been signed into law. This mark’s the […]
The NGC Group Returns to Profitability in 2021
(NGC, 22.Aug.2022) — The NGC Group of Companies’ financial performance for 2021, demonstrated a significant turnaround in profitability, as it successfully navigated the global energy […]
Eni Makes Significant Gas Find Offshore Cyprus
(Eni, 22.Aug.2022) — Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 meters […]
TotalEnergies Reports Significant Gas Find Offshore Cyprus in Block 6
(TotalEnergies, 22.Aug.2022) — TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows […]
Irfaan Ali: Oil, Gas Boom Will Ensure Guyana’s Future
(Trinidad and Tobago Newsday, 21.Aug.2022) — Guyanese President Dr Mohamed Irfaan Ali said the oil and gas boom Guyana is experiencing will ensure the country’s […]
Petrobras BODs Approves Issuance of Commercial Notes
(Petrobras, 19.Aug.2022) — Petrobras hereby informs that the Executive Board approved on 18 August 2022, the 1st issuance of book-entry commercial notes (Issuance), without collateral […]
ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC
(Law360, 19.Aug.2022) — ConocoPhillips won approval on Friday to enforce an $8.5 billion arbitral award against Venezuela despite the country ignoring the litigation for more than […]
Petrobras on Divestment of Refining and Logistics Assets
(Petrobras, 19.Aug.2022) — Petrobras, following up on the releases disclosed on 27 June 2022 and 15 July 2022, informs the beginning of the non-binding phase […]
Subsea 7 Awarded Floating Wind FEED Contract in South Korea
(Energy Analytics Institute, 18.Aug.2022) — Subsea 7 was awarded a floating wind FEED contract by Corio and TotalEnergies for a floating wind development in South […]
ARMM Enters into Business Combination with Current Energy and Renewables Corp.
(ARMM Inc., 18.Aug.2022) — ARMM Inc. (OTCQB: ARMM) entered into a binding letter of intent with Current Energy and Renewables Corp. (“CER”), a supplier of renewable and traditional […]
Petrobras Concludes Ibiritermo S.A. Acquisition
(Energy Analytics Institute, 18.Aug.2022) — Petrobras finalized the acquisition of Edison S.p.A.‘s 50% stake in Ibiritermo S.A. while the transfer of Usina TermelĂ©trica IbiritĂ© to […]
Gran Tierra Energy Reveals New $150mn Credit Facility
(Gran Tierra, 18.Aug.2022) — Gran Tierra Energy Inc. (NYSE:GTE) (TSX:GTE) (LSE:GTE) announced that it has, through its wholly owned subsidiaries Gran Tierra Energy Colombia, LLC and […]
Maersk Drilling Releases Fleet Status Report on 2Q:22 Activity
(Energy Analytics Institute, 18.Aug.2022) — Maersk Drilling announced that the total firm value of contracts and extensions awarded to the company during the second quarter […]
CVM Rejects ANAPETRO Shareholder Meeting Request
(Energy Analytics Institute, 17.Aug.2022) — Petrobras received a letter on from the Brazilian Securities and Exchange Commission (CVM) informing that the Collegiate of the CVM […]
Brazil’s ANP Opens Permanent Bid Round for 11 Offshore Blocks
(Energy Analytics Institute, 17.Aug.2022) — Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) published details 17 August 2022 in the South American country’s Official […]
Touchstone Announces Approval of Cascadura Certificate
(Touchstone, 17.Aug.2022) — Touchstone Exploration Inc. (TSX, LSE:TXP) announced on 16 August 2022 that it received a Certificate of Environmental Clearance (“CEC”) to conduct development […]
Höegh LNG Partners LP to Host 2Q:22 Results Call
(Energy Analytics Institute, 17.Aug.2022) — Höegh LNG Partners LP (NYSE: HMLP) will release its second quarter 2022 results on Wednesday 24 August 2022 before the market […]
LONGi and ACESOL to Promote Solar Energy Development in Chile
(Energy Analytics Institute, 16.Aug.2022) — LONGi, involved in the manufacture of mono-crystalline photovoltaic modules and cells, has joined the network of associates of the Chilean […]
Petrobras on the Divestment of Potiguar Basin Exploration Assets
(Petrobras, 16.Aug.2022) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of 40% of its interest in the BM-POT-17 […]
Petrobras on Letter Regarding Controlling Shareholder
(Energy Analytics Institutes, 15.Aug.2022) — Petrobras, following up on press statements it distributed on 20 July 2022 and 11 August 2022, says it has received […]
Are Talks Over Detained Americans Slowing the Fight for Democracy in Venezuela?
(CNN, 16.Aug.2022) — A growing number of US citizens are being detained in Venezuela — and though exactly how many is unknown, the detentions could give authoritarian […]
Ecopetrol Inks Electric Energy Commercialization Deal with Gecelca S.A. E.S.P.
(Ecopetrol, 16.Aug.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) hereby informs that, on the occasion of its withdrawal from the electric energy commercialization activities, derived from the […]
NFE and Apollo Complete $2bn LNG Maritime JV
(New Fortress Energy, 15.Aug.2022) — New Fortress Energy Inc. (NASDAQ: NFE) and Apollo (NYSE: APO) have completed the previously announced Joint Venture, establishing a platform […]
Barbados Caps Fuel Prices, PM Mottley Says
(Energy Analytics Institute, 15.Aug.2022) — Barbados Prime Minister Mia Amor Mottley has capped fuel prices through January 2023 after earlier reducing the value added tax […]
Mexico Plans to be LNG Export Hub with US Gas
(Bloomberg, 15.Aug.2022) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the […]
Trinidad Imposes 6-month Ban on Scrap Iron Exports
(Trinidad and Tobago Newsday, 15.Aug.2022) — The government has imposed a six-month ban on the export of old and scrap iron to deal with the […]
Petro Rio Reports Temporary Production Hiccup at Frade
(Energy Analytics Institute, 15.Aug.2022) — Petro Rio S.A. (B3: PRIO3) notified its shareholders of a temporary production interruption at the Frade Field due to a […]
Keppel Wins $2.9bn Newbuild FPSO P-80 Contract from Petrobras
(Keppel Shipyard, 15.Aug.2022) — Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, […]
Petrobras Inks Deal with Keppel for P-80 Platform
(Petrobras, 15.Aug.2022) — Petrobras informs that, as a result of the progress of the development project for the BĂşzios field, in the Santos Basin pre-salt […]
Argentina to Send Humanitarian Aid to Cuba after Oil Fire
(Xinhua, 14.Aug.2022) — The Argentinean Foreign Ministry announced on Sunday that three batches of humanitarian aid will be sent to Cuba to alleviate the severe […]
Tethys Oil Updates on July 2022 Production
(Tethys Oil, 12.Aug.2022) — Tethys Oil AB’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in July 2022 […]
PDVSA Pauses Oil-for-debt Shipments to Europe, Wants Product Swaps
(Reuters, 12.Aug.2022) — Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it […]
Siemens Gamesa Inks new Partnership with Azure Power in India
(Siemens Gamesa, 12.Aug.2022) — Siemens Gamesa has secured its first order in India with Azure Power India Private Limited to supply 96 SG 3.6-145 wind turbines for a 346 MW project in […]
Maersk Awarded Extension with TotalEnergies offshore Denmark
(Maersk, 12.Aug.2022) — TotalEnergies EP Denmark A/S exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk […]
Ecopetrol Says Colombia Should Pare Back Planned Export Tax
(Bloomberg, 12.Aug.2022) — Colombia’s state-controlled oil producer Ecopetrol SA is proposing to dilute a planned oil export tax that is a major part of President […]
Pemex Requests $6.5bn More Funding for ‘Dos Bocas’ Refinery
(Reuters, 12.Aug.2022) — Mexico’s state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at the ‘Dos Bocas’ […]
Colombia Forecasts 2022 Trade with Venezuela Could Hit $1.2 Billion
(Reuters, 12.Aug.2022) — Colombia’s trade with Venezuela could hit $1.2 billion this year, its commerce minister German Umana said on Friday, after the country’s new […]
Nigeria’s NNPC Renews Oil Contracts to Produce 10 Billion Barrels
(Reuters, 12.Aug.2022) — Nigeria’s state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater […]
Citgo Reports 2Q:22 Net Income of $1.3bn, EBITDA of $1.9bn
(Citgo, 11.Aug.2022) — Citgo Petroleum reported a second quarter net income of $1.29bn and EBITDA of $1.86bn compared to net income of $245mn and EBITDA of $518mn in the first quarter of 2022. […]
Citgo Reveals Offer to Acquire up to $286mn of its 2024 Notes
(Citgo, 11.Aug.2022) — Citgo Holding, Inc., a Delaware corporation, today announced its offer to purchase for cash an aggregate principal amount of up to $286.231mn (the “Excess Cash Flow […]
Petrobras on Letter from the Ministry of Economy
(Petrobras, 11.Aug.2022) — Petrobras, following up on the release disclosed on 20 July 2022, informs that it received a official letter from the Ministry of […]
YPFÂ Ups Capex Forecast on Inflation, Increased Activity
(Reuters, 11.Aug.2022) — Argentine national oil company YPF is increasing its forecast 2022 capital expenditures by some 10% to $4 billion, on inflationary pressures and above-expected activity, […]
![NRGBriefs: YPF Produces 504,000 boe/d in 2Q:22 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/argentina-2q22-source-ypf.jpg)
NRGBriefs: YPF Produces 504,000 boe/d in 2Q:22 [PDF Downloads]
(Energy Analytics Institute, 22.Jul.2022) — Energy briefs including Argentina’s state-owned oil and gas producer YPF reporting combined production of 504,000 boe/d in the 2Q:22. LATIN […]
QatarEnergy Awards McDermott FEED Contract for NFS Offshore Pipelines Project
(McDermott, 10.Aug.2022) — McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and […]
Shell and Ecopetrol confirm gas province with Gorgon-2 well
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 10.Aug.2022) — Ecopetrol S.A. said the Gorgon-2 well proved the presence of natural gas in ultra-deep waters in […]
Bristow Inks Order of up to 55 BETA Technologies ALIA-250 eVTOL Aircraft
(Bristow, 9.Aug.2022) — Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions, has placed a firm order for five […]
Strohm’s TCP to Support Emergency Response System for Scarborough field
(Strohm, 9.Aug.2022) — Strohm has been contracted to manufacture and deliver two Thermoplastic Composite Pipe (TCP) flowlines to Australia’s largest natural gas producer Woodside Energy […]
Frontera Reveals Preliminary Results of Substantial Issuer Bid
(Frontera, 9.Aug.2022) — Frontera Energy Corporation (TSX: FEC) announces the preliminary results of its substantial issuer bid pursuant to which the company offered to purchase […]
Devon Energy Reveals Bolt-On Eagle Ford Acquisition
(Devon, 9.Aug.2022) — Devon Energy Corp. (NYSE: DVN) entered into a definitive purchase agreement to acquire Validus Energy, an Eagle Ford operator, for total cash […]
NRGBriefs: Petro’s Mines and Energy Minister
(Energy Analytics Institute, 8.Aug.2022) — Energy briefs including the naming of Irene VĂ©lez Torres to serve as Colombia’s new Minister of Mines and Energy under […]