Energy Analytics Institute (EAI)

Bolsonaro Replaces Energy Chief After Brazil Fuel Price Hike

(Bloomberg, 11.May.2022) — Brazilian President Jair Bolsonaro replaced his Energy Minister just days after state-run Petroleo Brasileiro SA ignored his plea to not raise fuel […]

NRGBriefs: YPF Reports Strong 1Q:22 Results; Ecopetrol Growth

(Energy Analytics Institute, 11.May.2022) — Energy briefs including Argentina’s state-owned YPF delivering strong results during the 1Q:22 and again achieving higher hydrocarbon production; Ecopetrol CEO […]

Stephen McNabb Appointed Citgo Treasurer

(Citgo, 11.May.2022) — Citgo Petroleum Corporation named Stephen McNabb the company’s new Treasurer, where he will oversee liquidity management and the company’s capital structure, manage financial risk and […]

OPEC’s Mohammad Barkindo Visits Petrocedeño Upgrader

(Energy Analytics Institute, 11.May.2022) — Petróleos de Venezuela S.A. (PDVSA) President Asdrúbal Chávez, and the board of directors of the company received the Secretary General […]

Vermilion Energy Reduces Long-term Debt to $1.4bn in 1Q:22

(Vermilion Energy, 11.May.2022) — Vermilion Energy Inc. (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three months ended March 31, 2022. […]

Aris Gold Says Marmato Lower Mine Progressed in 1Q:22

(Aris Gold, 11.May.2022) — Aris Gold Corporation (TSX: ARIS) (OTCQX: ALLXF) reports financial and operating results for the three months ended 31 March 2022. All amounts are in […]

Brazil’s New Energy Minister Wants Studies on Petrobras Privatization

(Reuters, 11.May.2022) — Brazil’s newly appointed mines and energy minister, Adolfo Sachsida, said on Wednesday he will request studies on Petrobras‘ privatization as his first […]

Petrobras to Build New Diesel Hydrotreating Unit

(Reuters, 11.May.2022) — Brazilian state-run oil company Petrobras said on Wednesday it has signed a deal with TSE and Toyo Engineering Corp to build a […]

Subsea 7 Awarded Contract Offshore Trinidad and Tobago

(Subsea 7, 11.May.2022) — Subsea 7 announced the award of a sizeable(1) project by BP for the TOPR project located offshore Trinidad and Tobago, in water […]

Golden Arrow Options its Mogote Copper-Gold Project, Argentina

(Golden Arrow, 11.May.2022) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) has optioned its Mogote Copper-Gold Project, in San Juan Province, Argentina to Australian-based Syndicate Minerals Pty. This […]

OPEC’s Barkindo Visits Jose Antonio Anzoátegui Petrochemical Complex

(Energy Analytics Institute, 11.May.2022) —The Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo and an OPEC delegation visited the ‘Jose Antonio Anzoátegui Petrochemical […]

Lithium South Picks Groundwater Insight for Services Regarding Hombre Muerto

(Lithium South, 11.May.2022) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) has retained Groundwater Insight Inc. of Halifax, Nova Scotia to provide technical services regarding the Hombre […]

Pampa Energía BODs Approves Share Buyback Program

(Pampa Energía, 11.May.2022) — Pampa Energía S.A. (NYSE: PAM; ByMA: PAMP) informs that on the date hereof, the Board of Directors of Pampa approved the […]

Maersk Drilling Secures Extension for Mærsk Developer in Brazil

(Maersk Drilling, 10.May.2022) — Karoon Energy Ltd has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil […]

Petrobras Concludes Divestment of Potiguar Basin E&P Asset

(Petrobras, 10.May.2022) — Petrobras, following up on the release disclosed on 27 December 2021, finalized the sale, together with Sonangol Hidrocarbonetos Brasil Ltda., of all […]

Petrobras Concludes Divestment of Onshore Fields in Bahia

(Petrobras, 10.May.2022) — Petrobras, following up on the release disclosed on 17 December 2020, informs that today it concluded the sale of its entire stake […]

Petrobras Starts Binding Phase for Sergipe-Alagoas Basin E&P Assets

(Petrobras, 10.May.2022) — Petróleo Brasileiro S.A. (Petrobras), following up on the release disclosed on 04/11/2022, informs that today it started the binding phase regarding the […]

Diamond Offshore Reports 1Q:22 Drilling Contract Revenue of $150mn

(Diamond Offshore, 10.May.2022) — Diamond Offshore Drilling, Inc. (NYSE: DO) reported the following results for the first quarter of 2022. Three Months Ended Thousands of dollars, […]

ACE Green Recycling to Build North America’s Largest Green Battery Recycling Park in Texas

(ACE Green, 10.May.2022) — Recycling technology company, ACE Green Recycling (ACE) is announcing its plans to build and operate North America’s largest emissions-free and sustainable battery recycling park in Texas, […]

UAE Delegation Explores Opportunities of Energy Transition with the US

(UAE Embassy, 10.May.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry & Advanced Technology and Special Envoy for Climate Change, began […]

Ecopetrol Group Reports 1Q:22 Results [PDF Download]

(Ecopetrol, 10.May.2022) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announced the Ecopetrol Group’s financial results for the first quarter of 2022. Table 1: Financial Summary Income Statement […]

NRGBriefs: Colombia Boosts Reserves; Trinidad’s Young Talks Gas on CNN

(Energy Analytics Institute, 10.May.2022) — Energy briefs including Colombia’s National Hydrocarbon Agency (ANH) President Armando Zamora Reyes and Colombia’s Mines and Energy Minister Diego Mesa […]

Venture Global Reveals LNG Agreement with ExxonMobil

(Venture Global, 10.May.2022) — Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) […]

Petrobras to Pay Complementary Dividends

(Petrobras, 10.May.2022) — Petrobras informs that will pay, on Monday, 05/16/2022, complementary dividends referred to the 2021 fiscal year, based on shareholding position as of […]

Edenor Reveals Expiration and Final Tender Results for its Senior Notes due 2022

(Edenor, 10.May.2022) — Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) announced that its offer to exchange any and all of its outstanding 9.75% Senior Notes due […]

Petrobras Raises Diesel Prices Despite Bolsonaro Complaints

(Bloomberg, 9.May.2022) — Brazil’s state-controlled oil giant Petroleo Brasileiro SA raised domestic diesel prices just days after President Jair Bolsonaro bashed the company for too-high […]

Colombian Environmental Activists Deluged by Threats

(Al Jazeera, 9.May.2022) — Environmental activists Fabian Urquijo and Jhordan Peinado, who hail from Colombia’s Santander region, received an eerie warning in February. They were […]

NRGBriefs: CGX, Frontera on Guyana; Barkindo’s OPEC Wind-down

(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and […]

Gas Entec Converts LNG Carrier to M-FSRU Unit for KARMOL

(AG&P, 9.May.2022) — GAS Entec, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P), completed the conversion of a 125,000m³ LNG carrier (LNGC) for KARMOL, a […]

CGX and Frontera Find Light Oil and Gas Condensate at Kawa-1

(Frontera, 9.May.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne […]

Noble Corp. and Maersk Drilling Update on Merger Process

(Noble, 9.May.2022) — Noble Corporation (NYSE: NE) and The Drilling Company of 1972 A/S (CSE: DRLCO) (Maersk Drilling, and together with Noble, the “Parties”) provided […]

OPEC’s Mohammad Barkindo Visits Venezuela

(Energy Analytics Institute, 7.May.2022) — OPEC (Organization of Petroleum Exporting Countries) Secretary General Mohammad Barkindo arrived in Caracas, Venezuela, on 6 May 2022 for a […]

Guyana and Brazil Agree on Actionable Framework – President Ali

(DPI, 7.May.2022) — His Excellency Dr Irfaan Ali announced that Guyana and Brazil have agreed on an “actionable framework” in the areas of food security, energy, […]

Guyana, Brazil Sign Treaties on Civil, Criminal Matters

(DPI, 7.May.2022) — Guyana and Brazil have mutually agreed to provide legal assistance in civil and criminal matters, through the signing of two bilateral agreements, […]

NRGBriefs: Nigeria’s Barkindo Visits with Venezuelan Authorities

(Energy Analytics Institute, 7.May.2022) — Energy briefs including the Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo visiting Venezuela to participate in meetings […]

NRGBriefs: Petrobras EBITDA; LatAm Disintegration; Suriname’s Blk 58

(Energy Analytics Institute, 6.May.2022) — Energy briefs including Brazil’s state oil giant Petróleo Brasileiro S.A. (Petrobras) reporting earnings before interest, taxes, depreciation and amortization of […]

Zacatecas Silver Receives Permits for 30 Drill Pads at El Cristo

(Zacatecas Silver, 6.May.2022) — Zacatecas Silver Corp. (TSXV: ZAC) (OTC: ZCTSF) (FSE:7TV) provided an update on the El Cristo Vein System located within the Zacatecas Property. […]

Exclusive-Guyana in ‘No Rush’ to Draft New Oil Production-Sharing Pact -Minister

(Reuters, 6.May.2022) — Guyana is in “no rush” to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told […]

Venezuela’s Oil Exports Drop 8% in April amid Quality-linked Delays

(Reuters, 6.May.2022) — Venezuela’s oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil […]

Colombia to Promote Foreign Investment Opportunities in NYC Event

(ProColombia, 6.May.2022) — Colombia InsideOut, the country’s flagship event for the promotion of foreign investment abroad will be held next 10 and 11 May 2022, […]

Inpex Starts Exploratory Ops Offshore Japan

(Inpex, 6.May.2022) — Inpex Corporation commenced exploratory drilling operations offshore Shimane and Yamaguchi prefectures in Japan on 5 May 2022 after carrying out preparation work […]

wpd to Sell Offshore Wind Business to Global Infrastructure Partners

(GIP, 6.May.2022) — Global Infrastructure Partners (GIP), an independent infrastructure investor, and wpd AG, a project developer and independent renewables power producer (IRPP) for onshore […]

AES Expands Renewable Energy Agreement with Microsoft to California Data Centers

(AES, 5.May.2022) — The AES Corporation (NYSE: AES) today announced a 20-year agreement with Microsoft to provide renewable energy to its data centers in California. The agreement expands upon prior renewable energy […]

AES Reveals Deals to Provide 450 MW of Renewable Energy to Amazon

(AES, 5.May.2022) — The AES Corporation (NYSE: AES) announced it has entered into two renewable energy Power Purchase Agreements (PPAs) with Amazon. As part of […]

Petrobras Comments on Shareholders Remuneration

(Petrobras, 5.May.2022) — Petróleo Brasileiro S.A. (Petrobras) informs that its Board of Directors, at a meeting held today, approved the payment of a dividend in […]

Brazil’s President Calls Petrobras Profits a ‘Rape’

(Reuters, 5.May.2022) — Brazilian President Jair Bolsonaro on Thursday urged state-run oil company Petrobras not to raise fuel prices again, and compared the company’s profits […]

Ecopetrol says Fracking Could Boost Reserves by up to 15 Years

(Reuters, 5.May.2022) — The use of commercial fracking in Colombia could boost oil and gas reserves by between 12 and 15 years, majority state-owned oil […]

Sempra Announces 1Q:22 Earnings of $612mn

(Sempra, 5.May.2022) — Sempra (NYSE: SRE) (BMV: SRE) today announced first-quarter 2022 earnings of $612mn, or $1.93 per diluted share, compared to first-quarter 2021 earnings of $874mn, or $2.87 per diluted share. […]

Pan American Silver Reveals Sustainability Report for 2021

(Pan American Silver Corp., 5.May.2022) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) released its 2021 Sustainability Report, describing Pan American’s efforts and performance in the areas of […]

AES Gets Investment Grade Rating, Reaffirms 2022 Adj. EPS Guidance

(AES, 5.May.2022) — The AES Corporation (NYSE: AES) reported financial results for the quarter ended 31 March 2022. Strategic Accomplishments With investment grade credit rating from Moody’s, […]