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Tag: ExxonMobil

ExxonMobil to Divest Montney and Duvernay Canadian Assets
Canada North America

ExxonMobil to Divest Montney and Duvernay Canadian Assets

ENERGY ANALYTICS INSTITUTE (EAI)28 June 20223 July 2022
(ExxonMobil, 28.Jun.2022) — ExxonMobil said its Canadian affiliates, Imperial and ExxonMobil Canada, have entered into an agreement with Whitecap Resources Inc. for the sale of XTO Energy Canada, which is...
ExxonMobil, CNOOC and Shell to Pursue CCS Hub in China
Asia China

ExxonMobil, CNOOC and Shell to Pursue CCS Hub in China

ENERGY ANALYTICS INSTITUTE (EAI)27 June 202230 June 2022
(Exxon, 27.Jun.2022) — ExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission signed a Memorandum of Understanding to evaluate the potential for a world-scale carbon capture and storage project...
Ramps Under Pressure in Guyana 
Guyana Latin America and Caribbean Trinidad and Tobago

Ramps Under Pressure in Guyana 

ENERGY ANALYTICS INSTITUTE (EAI)27 June 202227 June 2022
(Trinidad Express, 25.Jun.2022) — Guyana’s local content law is likely to affect the future opera­tions in the oil-rich South American country of one of its earliest and biggest investors, a...
ExxonMobil, Grieg Edge, North Ammonia, GreenH Eye Slagen Terminal in Norway
Europe Norway

ExxonMobil, Grieg Edge, North Ammonia, GreenH Eye Slagen Terminal in Norway

ENERGY ANALYTICS INSTITUTE (EAI)24 June 20223 July 2022
(ExxonMobil, 24.Jun.2022) — ExxonMobil, Grieg Edge, North Ammonia, and GreenH signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia for lower-emission marine fuels...
QatarEnergy Selects ExxonMobil for NFE Expansion Project
Middle East Qatar

QatarEnergy Selects ExxonMobil for NFE Expansion Project

ENERGY ANALYTICS INSTITUTE (EAI)21 June 20223 July 2022
(QatarEnergy, 21.Jun.2022) — QatarEnergy announced that it has selected ExxonMobil as a partner in the North Field East (NFE) expansion project, the single largest project in the history of the...
ExxonMobil and QatarEnergy to Expand LNG Production
Middle East Qatar

ExxonMobil and QatarEnergy to Expand LNG Production

ENERGY ANALYTICS INSTITUTE (EAI)21 June 20223 July 2022
(Exxon, 21.Jun.2022) — ExxonMobil and QatarEnergy signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million tons to 110...
Coral South Introduces Hydrocarbons to FLNG Offshore Mozambique
Africa Mozambique

Coral South Introduces Hydrocarbons to FLNG Offshore Mozambique

ENERGY ANALYTICS INSTITUTE (EAI)18 June 202223 June 2022
(Eni, 18.Jun.2022) — Eni, as Upstream Delegated Operator of Area 4 on behalf of its partners ExxonMobil, CNPC, GALP, KOGAS and ENH, announces that the Coral South Project has safely...
Unlikely Exxon Guyana to Sustain Production Target for 2027
Guyana Latin America and Caribbean

Unlikely Exxon Guyana to Sustain Production Target for 2027

ENERGY ANALYTICS INSTITUTE (EAI)5 May 20226 May 2022
(Energy Analytics Institute, Special Contributor Millan Arcia Einstein, 5.May.2022) — New hydrocarbon discoveries offshore Guyana, were announced last week totaling 31 so far. Exxon-Guyana claims resources around 11,000 million barrels...
TechnipFMC Adds Additional Contract for Yellowtail Development
Guyana Latin America and Caribbean

TechnipFMC Adds Additional Contract for Yellowtail Development

ENERGY ANALYTICS INSTITUTE (EAI)2 May 20226 May 2022
(TechnipFMC, 2.May.2022) — TechnipFMC (NYSE: FTI) has been awarded an additional contract and received notice to proceed by ExxonMobil (NYSE: EOM) affiliate Esso Exploration and Production Guyana Limited for its...
NRGBriefs: Exxon Exits Sakhalin-1; LyondellBasell On Seasonal Demand
Asia China Cuba Guyana Latin America and Caribbean North America Russia Singapore USA

NRGBriefs: Exxon Exits Sakhalin-1; LyondellBasell On Seasonal Demand

ENERGY ANALYTICS INSTITUTE (EAI)29 April 20228 May 2022
(Energy Analytics Institute, 29.Apr.2022) — Energy briefs including Exxon discontinuing operations at the Sakhalin-1 venture; and LyondellBasell Industries (NYSE: LYB) expecting typical improvements in summer seasonal demand will extend market strength...
Exxon Mobil CEO Darren Woods on 1Q:22 Results – Earnings Transcript
Guyana Latin America and Caribbean North America USA

Exxon Mobil CEO Darren Woods on 1Q:22 Results – Earnings Transcript

ENERGY ANALYTICS INSTITUTE (EAI)29 April 20222 May 2022
(Seeking Alpha, 29.Apr.2022) — Exxon Mobil Corporation (NYSE:XOM) Q1 2022 Earnings Conference Call 29 April 2022 9:30 AM ET. Company Participants Jennifer Driscoll - VP IR Darren Woods - Chairman...
Exxon Releases 1Q:22 Earnings Overview [PDF Downloads]
North America USA

Exxon Releases 1Q:22 Earnings Overview [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)29 April 202229 April 2022
(Exxon, 29.Apr.2022) — ExxonMobil announced that it earned $5.5bn in first quarter 2022; generated $14.8bn of cash flow from operating activities, more than covering capital investment and shareholder distributions. Other...
Hess Corp. Reports Estimated 1Q:22 Results [PDF Downloads]
Guyana Latin America and Caribbean North America USA

Hess Corp. Reports Estimated 1Q:22 Results [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)27 April 202227 April 2022
(Hess, 27.Apr.2022) — Hess Corporation (NYSE: HES) reported net income of $417mn, or $1.34 per share, in the first quarter of 2022, compared with net income of $252mn, or $0.82...
Guyanese Crude Cargo Bought by Exxon Sets Sail for Europe -Data
Europe Guyana Latin America and Caribbean The Netherlands

Guyanese Crude Cargo Bought by Exxon Sets Sail for Europe -Data

ENERGY ANALYTICS INSTITUTE (EAI)27 April 202227 April 2022
(Reuters, 26.Apr.2022) — A tanker carrying Guyana's first share of oil from a recently inaugurated floating production facility has set sail for Rotterdam, tanker monitoring data showed on Tuesday. South...
NRGBriefs: Exxon Announces Three New Finds Offshore Guyana
Guyana Latin America and Caribbean Mexico

NRGBriefs: Exxon Announces Three New Finds Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202227 April 2022
(Energy Analytics Institute, 26.Apr.2022) — Energy briefs including Exxon announcing three new discoveries offshore Guyana, adding to two discoveries earlier in 2022; details regarding resolutions adopted by the shareholders at...
Hess’ Exploration Focus: A World Class Petroleum Province Offshore Guyana
Guyana Latin America and Caribbean Suriname

Hess’ Exploration Focus: A World Class Petroleum Province Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202227 April 2022
(Hess, 26.Apr.2022) — The Stabroek Block, located approximately 120 miles offshore Guyana, is 6.6 million acres. The block is equivalent in size to 1,150 Gulf of Mexico blocks and contains...
Local Consortium in Guyana Wins Multi-Million Dollar Contract With ExxonMobil
Guyana Latin America and Caribbean

Local Consortium in Guyana Wins Multi-Million Dollar Contract With ExxonMobil

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202226 April 2022
(CMC, 26.Apr.2022) — A consortium has been awarded a multi-million dollar contract to support future construction activities of the US-based oil giant, ExxonMobil. NRG Holdings, a consortium of three local...
ExxonMobil Increases Stabroek Resource Estimate to Nearly 11 Billion Barrels
Guyana Latin America and Caribbean

ExxonMobil Increases Stabroek Resource Estimate to Nearly 11 Billion Barrels

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202226 April 2022
(Exxon, 26.Apr.2022) — ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.  The...
NRGBriefs: Venezuela Receives 185 Mbbls from Iran; Pemex, Exxon 1Q:22 Conf. Calls
Iran Latin America and Caribbean Mexico Middle East North America USA Venezuela

NRGBriefs: Venezuela Receives 185 Mbbls from Iran; Pemex, Exxon 1Q:22 Conf. Calls

ENERGY ANALYTICS INSTITUTE (EAI)25 April 20222 May 2022
(Energy Analytics Institute, 25.Apr.2022) — Energy briefs including Venezuela reportedly receiving 185,000 barrels of 29-degree API petroleum from Iran; Pemex plans to host a conference call on 2 May 2022...
Guyana Reports First Entitlement Lift from Liza Unity FPSO
Guyana Latin America and Caribbean

Guyana Reports First Entitlement Lift from Liza Unity FPSO

ENERGY ANALYTICS INSTITUTE (EAI)23 April 202226 April 2022
(DPI, 23.Apr.2022) — The Government of Guyana will be receiving its first entitlement lift of the Unit Gold crude from the Liza Unity Floating Production Storage and Offloading (FPSO) production...
Exxon Ban on LGBTQ Pride Flag Triggers Employee Backlash
North America USA

Exxon Ban on LGBTQ Pride Flag Triggers Employee Backlash

ENERGY ANALYTICS INSTITUTE (EAI)22 April 202229 April 2022
(Bloomberg, 22.Apr.2022) — Exxon Mobil Corp. plans to prohibit the LGBTQ-rights flag from being flown on the corporate flagpole outside its offices during Pride month in June, prompting a furious...
Colombia Judge Orders Suspension of Fracking Pilot Project
Colombia Latin America and Caribbean

Colombia Judge Orders Suspension of Fracking Pilot Project

ENERGY ANALYTICS INSTITUTE (EAI)21 April 202221 April 2022
(Reuters, 21.Apr.2022) — A judge in the Colombian city of Barrancabermeja on Thursday suspended an environmental license granted to a hydraulic fracturing - or fracking - pilot project, on the...
Exxon Starts Construction of Guyana Campus
Guyana Latin America and Caribbean

Exxon Starts Construction of Guyana Campus

ENERGY ANALYTICS INSTITUTE (EAI)13 April 202214 April 2022
(Energy Analytics Institute, 13.Apr.2022) — ExxonMobil continues to work closely with its local partners in Guyana to develop its new office campus in the small South American country. The oil...
ExxonMobil Introduces New Exceed™ S Performance Polyethylene
North America USA

ExxonMobil Introduces New Exceed™ S Performance Polyethylene

ENERGY ANALYTICS INSTITUTE (EAI)11 April 202230 April 2022
(ExxonMobil, 11.Apr.2022) — ExxonMobil introduced today its new Exceed™ S performance polyethylene (PE) resins, which deliver industry-leading combinations of stiffness and toughness while being easy to process. Utilizing the company's latest...
SBM Offshore Awarded Contracts for ExxonMobil FPSO ONE GUYANA
Guyana Latin America and Caribbean

SBM Offshore Awarded Contracts for ExxonMobil FPSO ONE GUYANA

ENERGY ANALYTICS INSTITUTE (EAI)5 April 20225 April 2022
(SBM, 5.Apr.2022) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development...
NRGBriefs: Exxon, Hess, and CNOOC FID Yellowtail Development
Argentina Brazil Guyana Latin America and Caribbean Middle East Peru Saudi Arabia Venezuela

NRGBriefs: Exxon, Hess, and CNOOC FID Yellowtail Development

ENERGY ANALYTICS INSTITUTE (EAI)4 April 202217 April 2022
(Energy Analytics Institute, 4.Apr.2022) — Energy briefs including ExxonMobil, Hess and CNOOC taking a final investment decision (FID) for their fourth development offshore Guyana called Yellowtail, cos.’ biggest yet w/...
Hess Sanctions Yellowtail Development, Offshore Guyana
Guyana Latin America and Caribbean

Hess Sanctions Yellowtail Development, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)4 April 20224 April 2022
(Hess, 4.Apr.2022) — Hess Corporation (NYSE: HES) it has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals. Yellowtail, the...
ExxonMobil Makes FID on Fourth Guyana Offshore Project Yellowtail
Guyana Latin America and Caribbean

ExxonMobil Makes FID on Fourth Guyana Offshore Project Yellowtail

ENERGY ANALYTICS INSTITUTE (EAI)4 April 20226 April 2022
(ExxonMobil, 4.Apr.2022) — ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the...
Exxon Mobil gets Guyana’s Approval for Fourth Offshore Oil Project
Guyana Latin America and Caribbean

Exxon Mobil gets Guyana’s Approval for Fourth Offshore Oil Project

ENERGY ANALYTICS INSTITUTE (EAI)1 April 20224 April 2022
(Reuters, 1.Apr.2022) — Exxon Mobil Corp (XOM.N) on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country's Environmental Protection Agency. The permit...
QatarEnergy Buys 40% Stake in Offshore Egypt Exploration Block
Africa Egypt Middle East Qatar

QatarEnergy Buys 40% Stake in Offshore Egypt Exploration Block

ENERGY ANALYTICS INSTITUTE (EAI)29 March 202230 March 2022
(QatarEnergy, 29.Mar.2022) — QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt. Under the terms of the agreement, which is subject...
Murphy Oil Says Cutthroat-1 Exploration Well Offshore Brazil Didn’t Find Oil
Brazil Latin America and Caribbean

Murphy Oil Says Cutthroat-1 Exploration Well Offshore Brazil Didn’t Find Oil

ENERGY ANALYTICS INSTITUTE (EAI)28 March 202229 March 2022
(Murphy Oil, 28.Mar.2022) — Murphy Oil Corporation (NYSE: MUR) announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the...
If Biden Wants to Lower Gas Prices, he Should Talk to Guyana | Opinion
Guyana Latin America and Caribbean Venezuela

If Biden Wants to Lower Gas Prices, he Should Talk to Guyana | Opinion

ENERGY ANALYTICS INSTITUTE (EAI)23 March 202229 March 2022
(Miami Herald, 23.Mar.2022) — President Biden recently sent a team of senior U.S. officials to Caracas for talks with Venezuelan dictator Nicolás Maduro about a possible oil deal to help...
UWI Economist Urges CARICOM to Look Within for Oil Supplies
Guyana Latin America and Caribbean North America USA Venezuela

UWI Economist Urges CARICOM to Look Within for Oil Supplies

ENERGY ANALYTICS INSTITUTE (EAI)20 March 202221 March 2022
(The Gleaner, 20.Mar.2022) — A day after Russia invaded Ukraine, sending oil prices skyrocketing to heights not seen since 2014, McCarthy Marie, a former University of the West Indies economist,...
NRGBriefs: Gustavo Petro Gaining In Popularity in Colombia
Argentina Canada Colombia Guyana Latin America and Caribbean North America USA

NRGBriefs: Gustavo Petro Gaining In Popularity in Colombia

ENERGY ANALYTICS INSTITUTE (EAI)3 March 202213 March 2022
(Energy Analytics Institute, 3.Mar.2022) — Energy briefs including YPF selecting advertising and communication agency Sentidos to carry out its campaigns on different platforms; Colombia’s presidential hopeful Gustavo Petro boosting his...
ExxonMobil Details Plans Around Growth and the Energy Transition
North America USA

ExxonMobil Details Plans Around Growth and the Energy Transition

ENERGY ANALYTICS INSTITUTE (EAI)2 March 20223 March 2022
(ExxonMobil, 2.Mar.2022) — ExxonMobil detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition across a range of...
Exxon Raises Guyana’s Long Term Oil Production Outlook
Guyana Latin America and Caribbean

Exxon Raises Guyana’s Long Term Oil Production Outlook

ENERGY ANALYTICS INSTITUTE (EAI)2 March 20223 March 2022
(Reuters, 2.Mar.2022) — Exxon Mobil Corp (XOM.N) on Wednesday said it plans to have capacity to produce with partners 1.2 million barrels per day of oil and gas (boed) offshore of Guyana...
NRGBriefs: Japan to Support Removing Key Russian Banks from SWIFT
Canada Europe Guyana Latin America and Caribbean Mexico Moscow North America Russia Trinidad and Tobago USA

NRGBriefs: Japan to Support Removing Key Russian Banks from SWIFT

ENERGY ANALYTICS INSTITUTE (EAI)28 February 20222 March 2022
(Energy Analytics Institute, 28.Feb.2022) — Energy briefs including NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announcing that members of the senior management team will participate in various...
Exxon Faces New Pressure Over Dealings with Russia’s Rosneft
Moscow Russia

Exxon Faces New Pressure Over Dealings with Russia’s Rosneft

ENERGY ANALYTICS INSTITUTE (EAI)27 February 20221 March 2022
(Reuters, 27.Feb.2022) — Exxon Mobil XOM.N likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake....
Guyana Talking to Middle East Firms about Offshore Oil Auction -VP
Guyana Latin America and Caribbean

Guyana Talking to Middle East Firms about Offshore Oil Auction -VP

ENERGY ANALYTICS INSTITUTE (EAI)17 February 202218 February 2022
(Reuters, 17.Feb.2022) — Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields, Vice President Bharrat Jagdeo told Reuters, hoping to recruit a...
ExxonMobil CEO: Continued Progress Means Achieving Local Content Goals
Guyana Latin America and Caribbean

ExxonMobil CEO: Continued Progress Means Achieving Local Content Goals

ENERGY ANALYTICS INSTITUTE (EAI)15 February 202215 February 2022
(Guyana’s DPI, 15.Feb.2022) — Achieving the goals of local content will see continued progress for Guyanese and local companies, Chief Executive Officer (CEO) of oil giant ExxonMobil, Darren Woods has...
Baker Hughes Expands Presence in Guyana with Opening of Major Facility
Guyana Latin America and Caribbean

Baker Hughes Expands Presence in Guyana with Opening of Major Facility

ENERGY ANALYTICS INSTITUTE (EAI)14 February 202214 February 2022
(Baker Hughes, 14.Feb.2022) — Baker Hughes has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and equipment. The supercenter, which spans...
Brazil has Oil. Exxon Can’t Seem to Find It
Brazil Latin America and Caribbean

Brazil has Oil. Exxon Can’t Seem to Find It

ENERGY ANALYTICS INSTITUTE (EAI)14 February 202216 February 2022
(Reuters, 14.Feb.2022) — Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future. But...
ExxonMobil’s Second Development Starts Operations Offshore Guyana
Guyana Latin America and Caribbean

ExxonMobil’s Second Development Starts Operations Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)11 February 202211 February 2022
(ExxonMobil, 11.Feb.2022) — ExxonMobil started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day...
NRGBriefs: Trinidad Energy Minister Meets with Executives about Project Lara
Guyana Latin America and Caribbean Mexico North America Trinidad and Tobago USA

NRGBriefs: Trinidad Energy Minister Meets with Executives about Project Lara

ENERGY ANALYTICS INSTITUTE (EAI)11 February 202213 February 2022
(Energy Analytics Institute, 11.Feb.2022) — Energy briefs including Stuart Young, Trinidad and Tobago’s head at the Ministry of Energy and Energy Industries meeting with corporate executives at BP, Shell and...
Hess Starts Production from Liza Phase 2 Development, Offshore Guyana
Guyana Latin America and Caribbean

Hess Starts Production from Liza Phase 2 Development, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)11 February 202216 February 2022
(Hess, 11.Feb.2022) — Hess Corporation (NYSE: HES) announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity floating production, storage and offloading...
Brazil Imports First Cargo of Guyanese Crude -Source
Brazil Guyana Latin America and Caribbean

Brazil Imports First Cargo of Guyanese Crude -Source

ENERGY ANALYTICS INSTITUTE (EAI)3 February 20224 February 2022
(Reuters, 3.Feb.2022) — An independent refiner has imported the first cargo of Guyanese crude oil into Brazil, according to tanker tracking data and a person familiar with the deal. Since...
NRGBriefs: BCV Reports Income from FX Sales from PDVSA
Guyana Latin America and Caribbean Venezuela

NRGBriefs: BCV Reports Income from FX Sales from PDVSA

ENERGY ANALYTICS INSTITUTE (EAI)1 February 202213 February 2022
(Energy Analytics Institute, 1.Feb.2022) — Energy briefs including Venezuela’s income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reaching $3.292bn in 2021; and ExxonMobil...
ExxonMobil Earns $23bn in 2021, Initiates $10bn Share Repurchase Program
North America USA

ExxonMobil Earns $23bn in 2021, Initiates $10bn Share Repurchase Program

ENERGY ANALYTICS INSTITUTE (EAI)1 February 20223 February 2022
(Exxon, 1.Feb.2022) — Exxon Mobil Corporation announced fourth-quarter 2021 earnings of $8.9bn, or $2.08 per share assuming dilution, resulting in full-year earnings of $23bn, or $5.39 per share assuming dilution....
NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]
Chile Latin America and Caribbean Mexico North America Peru USA

NRGBriefs: Guyana Budget Speech; Peru Oil Leak [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)26 January 202213 February 2022
(Energy Analytics Institute, 26.Jan.2022) — Energy briefs including Chile’s Enap planning to invest $111.2mn in its Aconcagua Refinery; Guyana's budget speech for the fiscal year 2022 by Dr. Ashni K....
NRGBriefs: ExxonMobil’s Results Call, GoldMining Appointment
Canada North America USA

NRGBriefs: ExxonMobil’s Results Call, GoldMining Appointment

ENERGY ANALYTICS INSTITUTE (EAI)25 January 20222 March 2022
(Energy Analytics Institute, 25.Jan.2022) — Energy briefs including ExxonMobil’s results call; and GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) appointing Eric Chen as Director of Mineral Resources for the co. NORTH...
ExxonMobil, SABIC Start Ops at Gulf Coast Manufacturing Facility
North America USA

ExxonMobil, SABIC Start Ops at Gulf Coast Manufacturing Facility

ENERGY ANALYTICS INSTITUTE (EAI)20 January 202227 January 2022
(Exxon, 20.Jan.2022) — ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used...
Eco Atlantic Boosts Stake in Exxon Partner Offshore Guyana
Guyana Latin America and Caribbean

Eco Atlantic Boosts Stake in Exxon Partner Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)19 January 202219 January 2022
(Proactive Investors, 19.Jan.2022) — Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) increased its interest in JHI Associates Inc, a junior explorer offshore Guyana, which is partnered with Exxon in the...
Guyana Gov’t Searches for Firm to Review Fourth Oil Development
Guyana Latin America and Caribbean

Guyana Gov’t Searches for Firm to Review Fourth Oil Development

ENERGY ANALYTICS INSTITUTE (EAI)7 January 202211 January 2022
(DPI, 7.Jan.2022) — The Government of Guyana (GoG), through the Ministry of Natural Resources (MNR) is requesting proposals from consultants and firms to review and evaluate the Field Development Plan...
ExxonMobil SVP Cousins Comments on Recent Finds Offshore Guyana
Guyana Latin America and Caribbean

ExxonMobil SVP Cousins Comments on Recent Finds Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)6 January 20227 January 2022
(Energy Analytics Institute, 6.Jan.2022) — ExxonMobil Senior Vice President Michael G. Cousins commented on the company’s two most successful wells offshore Guyana in the Stabroek Block. “With the latest discovery...
ExxonMobil Finds More Oil at Two Wells in Guyana’s Stabroek Block
Guyana Latin America and Caribbean

ExxonMobil Finds More Oil at Two Wells in Guyana’s Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)5 January 20225 January 2022
(Exxon, 5.Jan.2022) — ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality...
ExxonMobil Reports ‘Safe’ Year for Guyana Operations
Guyana Latin America and Caribbean

ExxonMobil Reports ‘Safe’ Year for Guyana Operations

ENERGY ANALYTICS INSTITUTE (EAI)29 December 20217 January 2022
(CMC, 29.Dec.2022) — ExxonMobil Guyana says 2021 has been a safe year for the oil company, noting that there had been many days across offshore operations without major incident. “The...
Guyana Gov’t Working on Ensuring Prosperity
Guyana Latin America and Caribbean

Guyana Gov’t Working on Ensuring Prosperity

ENERGY ANALYTICS INSTITUTE (EAI)23 December 202127 December 2021
(DPI, 23.Dec.2021) — December 20, 2019, marked a new, historic era for Guyana and its people. It was the day when ExxonMobil began producing light sweet crude offshore Guyana in...
Guyana Shies Away from Overly Rigid Local Content Terms in Oil Bill
Guyana Latin America and Caribbean

Guyana Shies Away from Overly Rigid Local Content Terms in Oil Bill

ENERGY ANALYTICS INSTITUTE (EAI)16 December 202130 December 2021
(Reuters, 16.Dec.2021) — Guyana's government on Thursday delivered to the National Assembly the draft of a local content bill that will regulate its nascent oil industry, proposing requirements beginning at...
LatAm Oil Auctions Kick Off After Two-year Lull
Brazil Colombia Guyana Latin America and Caribbean Trinidad and Tobago

LatAm Oil Auctions Kick Off After Two-year Lull

ENERGY ANALYTICS INSTITUTE (EAI)16 December 202119 December 2021
(Reuters, 16.Dec.2021) – Latin America’s oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana and the Andean region that are expected to attract bids from...
NRGBriefs: Venezuela’s Oil Minister El Aissami Says He’s Fine
Colombia Ecuador Guyana Latin America and Caribbean Venezuela

NRGBriefs: Venezuela’s Oil Minister El Aissami Says He’s Fine

ENERGY ANALYTICS INSTITUTE (EAI)14 December 20218 January 2022
(Energy Analytics Institute, 14.Dec.2021) — Energy briefs including EP PetroEcuador announcing it has sufficient fuel supplies at all its terminals despite transport issues impacting Ecuador’s two oil pipelines and one...
ExxonMobil Reveals Plans To 2027
Brazil Guyana Latin America and Caribbean North America USA

ExxonMobil Reveals Plans To 2027

ENERGY ANALYTICS INSTITUTE (EAI)1 December 20212 December 2021
(Exxon, 1.Dec.2021) — ExxonMobil has finalized corporate plans, which increase spending to $15bn on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its...
Guyana’s VP Jagdeo Says Oil Audits Will Be Completed
Guyana Latin America and Caribbean

Guyana’s VP Jagdeo Says Oil Audits Will Be Completed

ENERGY ANALYTICS INSTITUTE (EAI)17 November 202117 November 2021
(DPI, 17.Nov.2021) — Vice President, Dr. Bharrat Jagdeo said the government will complete the audits of costs claimed by ExxonMobil for its operations, and assured that Guyana’s interests will be...
SBM Awarded Contracts For 4th FPSO In Guyana
Guyana Latin America and Caribbean

SBM Awarded Contracts For 4th FPSO In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)17 November 202117 November 2021
(SBM, 17.Nov.2021) — SBM Offshore has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development...
NRGBriefs: Liza Unity FPSO Reaches Guyana
Colombia Guyana Latin America and Caribbean Peru

NRGBriefs: Liza Unity FPSO Reaches Guyana

ENERGY ANALYTICS INSTITUTE (EAI)27 October 202131 March 2022
(Energy Analytics Institute, 27.Oct.2021) — Energy briefs including the Liza Unity FPSO reaching Guyana’s prolific Stabroek Block; liquefied petroleum gas (LPG) reaching approximately 12mn users across Colombia; and more. LATIN...
Guyana – One Of The World’s Last Oil And Gas Frontiers
Guyana Latin America and Caribbean

Guyana – One Of The World’s Last Oil And Gas Frontiers

ENERGY ANALYTICS INSTITUTE (EAI)21 October 202129 October 2021
(The Geological Society of Trinidad, 21.Oct.2021) — ExxonMobil recently announced that their recoverable oil and gas resources in Guyana had reached an unbelievable ten billion barrels of oil equivalent. The...
ExxonMobil Boosts Stabroek Resource Estimate
Guyana Latin America and Caribbean

ExxonMobil Boosts Stabroek Resource Estimate

ENERGY ANALYTICS INSTITUTE (EAI)7 October 202112 October 2021
(ExxonMobil, 7.Oct.2021) — ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels.  The updated resource estimate includes a...
Hess Boosts Resource Estimate for Stabroek Block
Guyana Latin America and Caribbean

Hess Boosts Resource Estimate for Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)7 October 202112 October 2021
(Hess, 7.Oct.2021) — Hess Corporation (NYSE: HES) announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent,...
ExxonMobil Reports Discovery At Pinktail
Guyana Latin America and Caribbean

ExxonMobil Reports Discovery At Pinktail

ENERGY ANALYTICS INSTITUTE (EAI)9 September 20219 September 2021
(ExxonMobil, 9.Sep.2021) — ExxonMobil made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon...
Hess Reveals Oil Find At Pinktail, Offshore Guyana
Guyana Latin America and Caribbean

Hess Reveals Oil Find At Pinktail, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)9 September 20219 September 2021
(Hess, 9.Sep.2021) — Hess Corporation (NYSE: HES) announced another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay...
LatAm Briefs: Payara Progressing, Inpex Divestment In Venezuela
Argentina Chile Guyana Latin America and Caribbean Mexico Venezuela

LatAm Briefs: Payara Progressing, Inpex Divestment In Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)2 September 20217 September 2021
(Energy Analytics Institute, 2.Sep.2021) — Energy briefs from the Latin America and Caribbean region including: ExxonMobil progressing its Payara project in Guyana for start-up in 2024 and Japan’s Inpex divesting...
Partners Spud Sapote-1 Well In Canje Block
Guyana Latin America and Caribbean

Partners Spud Sapote-1 Well In Canje Block

ENERGY ANALYTICS INSTITUTE (EAI)31 August 202131 August 2021
(Eco Atlantic, 31.Aug.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) announced that the Sapote-1 well on the Canje Block, offshore Guyana has been spudded. Eco was...
Suriname Webinar On O&G Local Content
Latin America and Caribbean Suriname

Suriname Webinar On O&G Local Content

ENERGY ANALYTICS INSTITUTE (EAI)24 August 20213 September 2021
(Energy Analytics Institute, 24.Aug.2021) — Staatsolie in cooperation with ExxonMobil will be hosting a webinar on 'Local Content in the O&G industry'. As a supplier who can potentially provide support...
Exxon’s Guyana Drilling ‘Poses Major Environmental Risk’
Guyana Latin America and Caribbean

Exxon’s Guyana Drilling ‘Poses Major Environmental Risk’

ENERGY ANALYTICS INSTITUTE (EAI)19 August 202124 August 2021
(The Guardian, 19.Aug.2021) — ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to adequately prepare for possible disaster,...
Guyana, Suriname Reveal Joint Gas Development Strategy
Guyana Latin America and Caribbean Suriname

Guyana, Suriname Reveal Joint Gas Development Strategy

ENERGY ANALYTICS INSTITUTE (EAI)19 August 20213 September 2021
(S&P Global, 19.Aug.2021) — The presidents of Guyana and Suriname said Aug. 19 their countries will craft a joint strategy to develop their natural gas reserves to fuel their economic...
Guyana-Suriname Basin OTC2021 Technical Panel Summary
Guyana Latin America and Caribbean Suriname

Guyana-Suriname Basin OTC2021 Technical Panel Summary

ENERGY ANALYTICS INSTITUTE (EAI)16 August 202120 August 2021
(Energy Analytics Institute, 16.Aug.2021) — Executives with ExxonMobil provided technical details of the company’s initial, current and planned activities in Guyana. What follows are excerpts from their presentations during the...

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Suriname’s Natural Resources Minister Comments before SEOGS 2022

NRGBriefs: Suriname Energy Oil & Gas Summit 2022 [Program Attached]

Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

QatarEnergy Selects Shell for NFE Expansion Project

NFE and Apollo Funds to Form New JV; Deal Valued at $2bn

NFE Signs Deal with CFE to Expand Supply of Natural Gas to Baja

NFE Inks Deal with Pemex for Lakach Field, FLNG Deployment Solution

Shell Joins Qatar’s NFE LNG Expansion Project

Argentina Economy Minister Guzman Resigns as Divisions Grow

NRGBriefs: Argentina’s Econ. Minister Resigns; Colombia’s New Environmental Minister

Enel Américas Announces Planned Voluntary Delisting of its Notes from the NYSE

NEOM’s ENOWA to Boost Extreme E with Green Hydrogen Power

NRGBriefs: Increased US LNG Exports Could Add $73bn to US Economy

Freeport LNG Updates on Proposed Safety Order

LG Energy Partners with Compass Minerals to Enhance Supply Chain Flow

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