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Tag: Hess

Energy Analytics Institute’s NRGBriefs: September 2023
Belgium Brazil Canada England Europe Guyana Latin America and the Caribbean Mexico North America Norway UK USA

Energy Analytics Institute’s NRGBriefs: September 2023

ENERGY ANALYTICS INSTITUTE (EAI)20 September 202321 September 2023
(Energy Analytics Institute, 20.Sep.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras saying that in regards the process of divestment of...
Guyana Receives Bids for Eight Blocks, Including from Exxon, Total
Guyana Latin America and the Caribbean

Guyana Receives Bids for Eight Blocks, Including from Exxon, Total

ENERGY ANALYTICS INSTITUTE (EAI)13 September 202313 September 2023
(Reuters, 13.Sep.2023) — Guyana has received offers for eight of 14 offshore oil and gas blocks in a bidding round, including from consortiums of oil majors like Exxon Mobil, Hess...
Guyana’s Oil Boom Grabs Bigger Share of European Market
Europe Guyana Latin America and the Caribbean The Netherlands

Guyana’s Oil Boom Grabs Bigger Share of European Market

ENERGY ANALYTICS INSTITUTE (EAI)23 August 202327 August 2023
(Reuters, 23.Aug.2023) — Guyana has gained a larger share of Europe's oil market this year, vessel monitoring data showed, driven by rising output by a consortium led by Exxon Mobil (XOM.N) and strong...
TotalEnergies Named Most-admired Explorer in WoodMac Survey
Africa Europe France Guyana Latin America and the Caribbean Namibia

TotalEnergies Named Most-admired Explorer in WoodMac Survey

ENERGY ANALYTICS INSTITUTE (EAI)27 July 202320 August 2023
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr....
TotalEnergies Named Most-admired Explorer by WoodMac
Asia England North America Singapore UK USA

TotalEnergies Named Most-admired Explorer by WoodMac

ENERGY ANALYTICS INSTITUTE (EAI)27 June 202328 June 2023
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr. Andrew Latham,...
Guyana Not Interested in Joining OPEC, VP says
Guyana Latin America and the Caribbean

Guyana Not Interested in Joining OPEC, VP says

ENERGY ANALYTICS INSTITUTE (EAI)26 June 202327 June 2023
(Reuters, 26.Jun.2023) — Nascent oil producer Guyana is not interested in joining the Organization of the Petroleum Exporting Countries (OPEC), Guyanese Vice-President Bharrat Jagdeo said on Monday, as the South American country...
Energy Analytics Institute’s NRGBriefs: December 2022
Africa Brazil Canada Chad England Europe Germany Guyana Latin America and the Caribbean North America Norway Trinidad and Tobago UK USA Venezuela

Energy Analytics Institute’s NRGBriefs: December 2022

ENERGY ANALYTICS INSTITUTE (EAI)31 December 20228 January 2023
(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 Venezuela resulting in increased US...
Hess Reports Estimated 3Q:22 Results
Guyana North America USA

Hess Reports Estimated 3Q:22 Results

ENERGY ANALYTICS INSTITUTE (EAI)26 October 202226 October 2022
(Hess, 26.Oct.2022) — Hess Corporation (NYSE: HES) reported net income of $515mn, or $1.67 per common share, in the third quarter of 2022, compared with net income of $115mn, or...
Llano-6 Well, Gulf of Mexico, Achieves First Production
North America USA

Llano-6 Well, Gulf of Mexico, Achieves First Production

ENERGY ANALYTICS INSTITUTE (EAI)13 September 202218 November 2022
(Hess, 13.Sep.2022) — The Llano-6 well in the Gulf of Mexico delivered first production on 4 Augustm 2022. The well is a tieback to Shell’s Auger facility. This latest achievement...
Gas to Energy Project Supports Guyana’s Use of its Natural Resources
Guyana Latin America and the Caribbean

Gas to Energy Project Supports Guyana’s Use of its Natural Resources

ENERGY ANALYTICS INSTITUTE (EAI)3 August 20229 August 2022
(Hess, 3.Aug.2022) — Hess, ExxonMobil and CNOOC – co-venture partners on the Stabroek Block – recently finalized an agreement with the Government of Guyana for a Gas to Energy project....
New Oil Power Guyana to Surpass US Offshore by 2035
Guyana Latin America and the Caribbean

New Oil Power Guyana to Surpass US Offshore by 2035

ENERGY ANALYTICS INSTITUTE (EAI)28 July 202226 November 2022
(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 Mexico and other U.S. offshore...
Guyana Moves Ahead with Q3 Oil Block Auction
Guyana Latin America and the Caribbean

Guyana Moves Ahead with Q3 Oil Block Auction

ENERGY ANALYTICS INSTITUTE (EAI)25 July 202227 July 2022
(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 Ali said on Monday, following...
NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]
Colombia Latin America and the Caribbean

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

ENERGY ANALYTICS INSTITUTE (EAI)25 July 202225 July 2022
(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 that its 2Q:22 results will...
Guyana Announces National Healthcare Initiative
Guyana Latin America and the Caribbean

Guyana Announces National Healthcare Initiative

ENERGY ANALYTICS INSTITUTE (EAI)11 July 202211 July 2022
(Hess, 11.Jul.2022) — His Excellency Dr Irfaan Ali announced a national healthcare initiative in collaboration with the Mount Sinai Health System, an internationally recognized healthcare provider, and Hess Corporation to...
Liza Unity Receives ABS’ SUSTAIN-1 Notation
Guyana Latin America and the Caribbean

Liza Unity Receives ABS’ SUSTAIN-1 Notation

ENERGY ANALYTICS INSTITUTE (EAI)22 June 202216 July 2022
(Energy Analytics Institute, 22.Jun.2022) — The Liza Unity floating production storage and offloading vessel, where oil can be processed, stored and transferred to tankers, is the first in the world...
Guyana Aims to Avoid Oil Curse by Spending on Health and Education
Guyana Latin America and the Caribbean

Guyana Aims to Avoid Oil Curse by Spending on Health and Education

ENERGY ANALYTICS INSTITUTE (EAI)2 May 20223 May 2022
(FT.com, 2.May.2022) —The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country into a regional health, education...
Hess’ Exploration Focus: A World Class Petroleum Province Offshore Guyana
Guyana Latin America and the 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...
ExxonMobil Increases Stabroek Resource Estimate to Nearly 11 Billion Barrels
Guyana Latin America and the 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: Exxon, Hess, and CNOOC FID Yellowtail Development
Argentina Brazil Guyana Latin America and the 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 the 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...
Hess Recognized for Diversity, Equity and Inclusion
North America USA

Hess Recognized for Diversity, Equity and Inclusion

ENERGY ANALYTICS INSTITUTE (EAI)1 February 20229 April 2022
(Hess, 1.Feb.2022) — Hess Corporation (NYSE: HES) achieved a top score of 100% on the Human Rights Campaign’s (HRC) Corporate Equality Index for 2022 and earned the designation as one of...
NRGBriefs: Presidential Elections in Brazil and Colombia
Argentina Brazil Colombia Europe France Latin America and the Caribbean North America USA

NRGBriefs: Presidential Elections in Brazil and Colombia

ENERGY ANALYTICS INSTITUTE (EAI)4 January 20222 March 2022
(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair Bolsonaro as well as Gustavo...
NRGBriefs: Hess Says Liza Phase 2 On Track
Canada Guyana Latin America and the Caribbean Mexico North America USA

NRGBriefs: Hess Says Liza Phase 2 On Track

ENERGY ANALYTICS INSTITUTE (EAI)28 October 202129 October 2021
(Energy Analytics Institute, 28.Oct.2021) — Energy briefs including Hess Corp. confirming that production from its Liza Phase 2 development in Guyana is on track to startup in early 2022; Avino...
NRGBriefs: Liza Unity FPSO Reaches Guyana
Colombia Guyana Latin America and the 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...
MSCI Upgrades Hess To AAA In ESG Rating Assessment
North America USA

MSCI Upgrades Hess To AAA In ESG Rating Assessment

ENERGY ANALYTICS INSTITUTE (EAI)11 October 202127 October 2021
(Hess, 11.Oct.2021) — Hess Corporation (NYSE: HES) received a AAA rating in the MSCI environmental, social and governance (ESG) ratings for 2021 after earning AA ratings from MSCI ESG for...
LatAm Briefs: Train 1 Mothballing, CVP Appointments
Brazil Colombia Guyana Latin America and the Caribbean Venezuela

LatAm Briefs: Train 1 Mothballing, CVP Appointments

ENERGY ANALYTICS INSTITUTE (EAI)29 July 202131 March 2022
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, Hess reports 2Q:21 results, Trinidad...
The SEOGS2021: Day 1 Brief
Latin America and the Caribbean Suriname

The SEOGS2021: Day 1 Brief

ENERGY ANALYTICS INSTITUTE (EAI)2 June 20214 June 2021
(Energy Advance, 1.Jun.2021) — The first day at SEOGS 2021 saw an incredible 454 unique viewers tuning in from over 170 different companies to hear from the President, government of...
LatAm Briefs: Ofac Venezuela, SEOGS2021 Kicks Off, Net Zero Summit
Chile Latin America and the Caribbean Suriname Venezuela

LatAm Briefs: Ofac Venezuela, SEOGS2021 Kicks Off, Net Zero Summit

ENERGY ANALYTICS INSTITUTE (EAI)1 June 20212 June 2021
(Energy Analytics Institute, 1.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Ofac extending Chevron’s operating license in Venezuela; Microsoft founder, Bill Gates, participating in the Innovating...
Hess Corp. Reports 1Q:21 Results
Africa Egypt Guyana Latin America and the Caribbean North America USA

Hess Corp. Reports 1Q:21 Results

ENERGY ANALYTICS INSTITUTE (EAI)28 April 202128 April 2021
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433mn, or $8.00 per...
Guyana Should Consider Oil Hedge Now
Guyana Latin America and the Caribbean

Guyana Should Consider Oil Hedge Now

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202127 April 2021
(Stabroek News, 26.Apr.2021) — December 20th marked the one-year anniversary of oil being lifted from Guyana’s ocean floor. Who has benefitted the most from our oil? Is it the people...
Hess Updates On Ops In The US, Guyana And Malaysia
Asia Guyana Latin America and the Caribbean North America USA

Hess Updates On Ops In The US, Guyana And Malaysia

ENERGY ANALYTICS INSTITUTE (EAI)27 January 202127 January 2021
(Hess, 27.Jan.2021) — Hess Corporation provided operational highlights from the fourth quarter of 2020 and its operations in the US Bakken, the US Gulf of Mexico, offshore Guyana and Malaysia....
Hess Reports 4Q:20 Net Loss
Guyana Latin America and the Caribbean North America USA

Hess Reports 4Q:20 Net Loss

ENERGY ANALYTICS INSTITUTE (EAI)27 January 202127 January 2021
(Hess, 27.Jan.2021) — Hess Corporation reported a net loss of $97mn, or $0.32 per common share, in the fourth quarter of 2020, compared with a net loss of $222mn, or...
Hess Announces 2021 E&P CAPEX Of $1.9bn
Guyana Latin America and the Caribbean North America Suriname USA

Hess Announces 2021 E&P CAPEX Of $1.9bn

ENERGY ANALYTICS INSTITUTE (EAI)25 January 202125 January 2021
(Hess, 25.Jan.2021) — Hess today announced a 2021 Exploration & Production capital and exploratory budget of $1.9bn, of which more than 80% will be allocated to Guyana and the Bakken....
Hess Reveals 4Q:20 Earnings Conference Call Date
Guyana Latin America and the Caribbean North America USA

Hess Reveals 4Q:20 Earnings Conference Call Date

ENERGY ANALYTICS INSTITUTE (EAI)8 January 202125 January 2021
(Hess, 8.Jan.2021) — Hess will hold a conference call on Wednesday 27 January 2021 at 10 a.m. Eastern Time to discuss its fourth quarter 2020 earnings release. To phone into...
Exxon’s To Plug Tanager-1 Well Offshore Guyana
Guyana Latin America and the Caribbean

Exxon’s To Plug Tanager-1 Well Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)17 November 202018 November 2020
(Westmount, 17.Nov.2020) — Westmount Energy Ltd., further to the announcement by Ratio Petroleum Energy Limited Partnership dated today, that the Tanager-1 well, offshore Guyana, has been reported as an oil...
Hess Reports 3Q:20 Results, Ups Guyana Resources
Guyana Latin America and the Caribbean North America USA

Hess Reports 3Q:20 Results, Ups Guyana Resources

ENERGY ANALYTICS INSTITUTE (EAI)28 October 202028 October 2020
(Hess, 28.Oct.2020) — Hess Corporation reported a net loss of $243 million, or $0.80 per common share, in the third quarter of 2020, compared with a net loss of $212...
BHP Buys Additional 28% Interest In Shenzi From Hess
North America USA

BHP Buys Additional 28% Interest In Shenzi From Hess

ENERGY ANALYTICS INSTITUTE (EAI)6 October 202013 October 2020
(BHP, 6.Oct.2020) — BHP signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (Hess) to acquire an additional 28% working interest in Shenzi, a six-lease development in the...
Hess To Divest Interests In Shenzi Field, Gulf of Mexico
Latin America and the Caribbean

Hess To Divest Interests In Shenzi Field, Gulf of Mexico

ENERGY ANALYTICS INSTITUTE (EAI)5 October 20207 October 2020
(Hess, 5.Oct.2020) — Hess entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator,...
Hess Sanctions Payara Development
Guyana Latin America and the Caribbean

Hess Sanctions Payara Development

ENERGY ANALYTICS INSTITUTE (EAI)30 September 202030 September 2020
(Hess, 30.Sep.2020) — Hess made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana....
Hess To Participate In Barclays CEO Conference
Guyana Latin America and the Caribbean North America USA

Hess To Participate In Barclays CEO Conference

ENERGY ANALYTICS INSTITUTE (EAI)4 September 20209 September 2020
(Hess Corp., 4.Sep.2020  — Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on 9 September 2020 at 8:25 a.m....
Stena Inks Deal For Tullow Suriname Well
Guyana Latin America and the Caribbean Suriname

Stena Inks Deal For Tullow Suriname Well

ENERGY ANALYTICS INSTITUTE (EAI)1 September 20203 September 2020
(Energy Analytics Institute, 1.Sep.2020) — Stena Drilling inked a new contract with Tullow Suriname BV for the Stena Forth drillship to drill one well offshore Suriname in Block-47. Block 47...
Can Guyana Salvage Its Much-Hyped Oil Boom?
Guyana Latin America and the Caribbean

Can Guyana Salvage Its Much-Hyped Oil Boom?

ENERGY ANALYTICS INSTITUTE (EAI)25 August 202027 August 2020
(Oilprice.com, 25.Aug.2020) — The deeply impoverished South American country of Guyana in recent years was heralded as the hottest new oil boom in the Americas. A series of large offshore...
ExxonMobil Holding Out For Approval Of Payara Project
Guyana Latin America and the Caribbean

ExxonMobil Holding Out For Approval Of Payara Project

ENERGY ANALYTICS INSTITUTE (EAI)13 August 202018 August 2020
(Stabroek News, 13.Aug.2020) — On the heels of President Irfaan Ali’s announcement on Tuesday that the Payara project approval will have to wait on an international oil expert’s assessment and...
Guyana Election Casts Shadow Over Oil Finds
Guyana Latin America and the Caribbean

Guyana Election Casts Shadow Over Oil Finds

ENERGY ANALYTICS INSTITUTE (EAI)1 August 20201 August 2020
(Forbes, 1.Aug.2020) — Hess Corp. reported more good news from its joint development of Guyana’s Stabroek Block with ExxonMobil and CNOOC on Thursday. The company announced that recently-completed appraisal drilling...
World’s Newest Oil Boom Is Facing A Major Problem
Guyana Latin America and the Caribbean

World’s Newest Oil Boom Is Facing A Major Problem

ENERGY ANALYTICS INSTITUTE (EAI)22 July 202023 July 2020
(Oilprice.com, 22.Jul.2020) — After a series of major offshore oil discoveries since 2015, with the largest ever made earlier this year, the tiny South American country of Guyana has become...
Guyana Awaits New Oil Authorities
Guyana Latin America and the Caribbean

Guyana Awaits New Oil Authorities

ENERGY ANALYTICS INSTITUTE (EAI)9 July 20202 August 2020
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana's fledgling oil sector, after a regional court cleared the way for declaring a victory for the opposition...
The Oil Nation Aiming To Emulate Guyana’s Success
Guyana Latin America and the Caribbean Suriname

The Oil Nation Aiming To Emulate Guyana’s Success

ENERGY ANALYTICS INSTITUTE (EAI)20 June 202028 July 2020
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being...
Guyana’s Crude Flow Drops On Technical Glitch
Guyana Latin America and the Caribbean

Guyana’s Crude Flow Drops On Technical Glitch

ENERGY ANALYTICS INSTITUTE (EAI)9 June 202015 June 2020
(Argus, 9.Jun.2020) — Guyana's crude production has plunged by 65pc to 27,500 b/d from early May because of technical problems with compression equipment. "We do not know how long this...
Hess Reports Estimated Results For 1Q:20
Guyana Latin America and the Caribbean North America USA

Hess Reports Estimated Results For 1Q:20

ENERGY ANALYTICS INSTITUTE (EAI)7 May 202011 May 2020
(Hess, 7.May.2020) — Hess Corporation reported a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020, including impairment and other after-tax charges of $2,251...
Over 30 Cos Vie For Guyana Oil Trading Contract
Guyana Latin America and the Caribbean

Over 30 Cos Vie For Guyana Oil Trading Contract

ENERGY ANALYTICS INSTITUTE (EAI)21 April 202025 April 2020
(Reuters, 21.Apr.2020) — More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions...
Exxon Could Delay Third Guyana Project
Guyana Latin America and the Caribbean

Exxon Could Delay Third Guyana Project

ENERGY ANALYTICS INSTITUTE (EAI)7 April 202010 April 2020
(Reuters, 7.Apr.2020) — Exxon Mobil Corp said on Tuesday the start of production at its Payara project in Guyana, its third major development in the world's newest offshore oil hotspot,...
Oil Making Guyana Wealthy But Intensifying Tensions
Guyana Latin America and the Caribbean

Oil Making Guyana Wealthy But Intensifying Tensions

ENERGY ANALYTICS INSTITUTE (EAI)7 April 20207 April 2020
(The New York Times, 7.Apr.2020) — On a sprawling abandoned sugar estate by the coast of Guyana, the scale of the changes sweeping across the country is immediately visible. In...
Political Battle Could Jeopardize Oil Boom
Guyana Latin America and the Caribbean

Political Battle Could Jeopardize Oil Boom

ENERGY ANALYTICS INSTITUTE (EAI)6 April 202010 April 2020
(Oilprice.com, 6.Apr.2020) — Amidst the torrent of news on the adverse impacts of COVID-19, recent developments in Guyana stand out as something of a countercurrent. In times when the entire...
Guyana’s Burgeoning Oil Wealth Kindles Contract Row
Guyana Latin America and the Caribbean

Guyana’s Burgeoning Oil Wealth Kindles Contract Row

ENERGY ANALYTICS INSTITUTE (EAI)30 January 202019 February 2020
(S&P Global Platts, 30.Jan.2020) — ExxonMobil's growing oil discoveries offshore Guyana are amplifying domestic calls for a review of production-sharing contract terms on the eve of the small South American...
ExxonMobil Tallies 16th Find Offshore Guyana
Guyana Latin America and the Caribbean

ExxonMobil Tallies 16th Find Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)28 January 202012 June 2020
(NGI, 28.Jan.2020) — ExxonMobil, which rode the wave for worldwide exploration last year in part because of the prolific Guyana portfolio, announced another discovery offshore the South American country, where...
Hess Announces Oil Discovery At Uaru
Guyana Latin America and the Caribbean

Hess Announces Oil Discovery At Uaru

ENERGY ANALYTICS INSTITUTE (EAI)27 January 202030 January 2020
(Hess, 27.Jan.2020) — Hess announced another oil discovery offshore Guyana at the Uaru well, the 16th discovery on the Stabroek Block. The company also announced an increase in the estimated...
ExxonMobil Reports 15th Guyana Find At Mako-1 Well
Guyana Latin America and the Caribbean

ExxonMobil Reports 15th Guyana Find At Mako-1 Well

ENERGY ANALYTICS INSTITUTE (EAI)23 December 201923 December 2019
(Exxon, 23.Dec.2019) — ExxonMobil said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block....
Quality Testing Guyana’s First 3 MMbbls
Guyana Latin America and the Caribbean

Quality Testing Guyana’s First 3 MMbbls

ENERGY ANALYTICS INSTITUTE (EAI)16 December 201916 December 2019
(Demerara Waves, Denis Chabrol, 16.Dec.2019) — The Ministry of the Presidency’s Department of Energy denied breaching the procurement process for sale of Guyana’s first three million barrels of oil aimed...
Ecopetrol Finds Oil In GOM Deep Waters
North America USA

Ecopetrol Finds Oil In GOM Deep Waters

ENERGY ANALYTICS INSTITUTE (EAI)7 November 201926 November 2019
(Ecopetrol, 7.Nov.2019) — Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement with Chevron U.S.A. Inc. The...
Guyana Latin America and the Caribbean

Exxon, Hess Move Up Guyana First Oil Date

ENERGY ANALYTICS INSTITUTE (EAI)30 October 20193 November 2019
(Chron.com, Jordan Blum, 30.Oct.2019) — Exxon Mobil and Hess Corp. said they are moving up the start date for first oil production in Guyana to December instead of the previous...
North America USA

Hess Announces Oil Find At Esox-1 GOM Well

ENERGY ANALYTICS INSTITUTE (EAI)29 October 20193 November 2019
(Hess, 29.Oct.2019) — Hess Corporation announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico. Esox-1 was drilled...
Guyana Latin America and the Caribbean

Diplomats Say Guyana Gov’t In Breach Of Constitution

ENERGY ANALYTICS INSTITUTE (EAI)19 September 201922 September 2019
(Reuters, 19.Sep.2019) — U.S. and European diplomats on Thursday declared Guyana's government in breach of the country's constitution until new elections are held and called on Guyanese President David Granger...
Guyana Latin America and the Caribbean

Liza Destiny Arrives In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)2 September 20193 September 2019
(Argus, 2.Sep.2019) — Guyana received its first floating, production, storage and offloading unit (FPSO) Liza Destiny in anticipation of ExxonMobil's production launch in March 2020. Liza Destiny. Source: ExxonMobil The...
Guyana Latin America and the Caribbean

Hess Says Liza Destiny FPSO Arrives Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)29 August 201910 September 2019
(Hess, 29.Aug.2019) — Hess Corporation announced that the Liza Destiny, Guyana’s first oil production vessel, has arrived at the Stabroek Block. Source: Exxon The Floating, Production, Storage and Offloading (FPSO)...
Guyana Latin America and the Caribbean

Guyana Find Progresses Amid Political Tensions

ENERGY ANALYTICS INSTITUTE (EAI)29 July 201912 August 2019
(Forbes, David Blackmon, 29.Jul.2019) — Nothing is ever easy or simple in the world of international offshore oil and gas development. That axiom is proving to be true for the...
Guyana Latin America and the Caribbean Trinidad and Tobago Venezuela

Could Emerging Oil State Guyana Become The Richest Nation In The World?

ENERGY ANALYTICS INSTITUTE (EAI)12 May 201913 May 2019
(Oilprice.com, Irina Slav, 12.May.2019) — A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to...
Guyana Latin America and the Caribbean

Guyana’s Latest Discovery Similar To Nearby Liza, Hess Says

ENERGY ANALYTICS INSTITUTE (EAI)25 April 201926 April 2019
(Seeking Alpha, Carl Surran, 25.Apr.2019) — Hess says Guyana's latest offshore deepwater discovery contains oily fluids similar to those of the initial Liza discovery, which is being readied for first...
Guyana Latin America and the Caribbean

Hess, Exxon Mobil Prep For More Exploration Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)31 October 20182 November 2018
(Hart Energy, Velda Addison, Senior Editor, 31.Oct.2018) — Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon bounty discovered offshore Guyana. “This...
Guyana Latin America and the Caribbean

Let’s Use Guyana Oil Funds for Teachers

ENERGY ANALYTICS INSTITUTE (EAI)6 September 20188 September 2018
(Stabroek News, 6.Sep.2018) — Dear Editor: How could we have billions of barrels of oil in 2018 and not be able to pay our teachers a living wage? The value...
Guyana Latin America and the Caribbean

Tullow Oil to Drill First Guyana Well in 3Q:19

ENERGY ANALYTICS INSTITUTE (EAI)5 September 20188 September 2018
(Reuters, 5.Sep.2018) — Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik licence bordering discoveries...
Guyana Latin America and the Caribbean

Offshore Guyana Oil and Gas Potential is “Massive”

ENERGY ANALYTICS INSTITUTE (EAI)23 July 201826 July 2018
(UPI, Daniel J. Graeber, 23.Jul.2018) – The size of a reservoir off the coast of Guyana is "massive," the CEO of Hess Corp. said Monday after a multi-million barrel revision...
Guyana Latin America and the Caribbean Trinidad and Tobago

The $20 Billion Question for Guyana

ENERGY ANALYTICS INSTITUTE (EAI)20 July 20181 September 2018
[caption id="attachment_2501" align="alignnone" width="1885"] Guyana fishermen make their way home to the coastal community of Clonbrook at the end of another day at sea. Guyana is one of the poorest...
Latin America and the Caribbean USA

US$1.4B Deal to Restart St Croix Refinery

ENERGY ANALYTICS INSTITUTE (EAI)3 July 2018
(Stabroek News, 3.Jun.2018) – U.S. Virgin Islands Governor Kenneth E. Mapp announced yesterday an agreement which would reopen one of the world’s largest refineries, create hundreds of jobs in the...
Guyana Latin America and the Caribbean

ExxonMobil Announces 8th Find Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)20 June 20181 September 2018
(Energy Analytics Institute, Piero Stewart, 20.Jun.2018) – Irving, Texas-based Exxon Mobil Corporation’s good luck continues in Guyana. The oil giant announced it has made its eighth oil discovery offshore Guyana...
Brazil Guyana Latin America and the Caribbean USA

ExxonMobil Reconfirms March 2020 for First Guyana Oil

ENERGY ANALYTICS INSTITUTE (EAI)12 June 20181 September 2018
(Denis Chabrol, DemeraraWaves, 12.Jun.2018) – ExxonMobil on Tuesday reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend...

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Energy Chamber Welcomes Deal to Work on Dragon Field

Petrobras on Declaration of Commerciality in the Pre-salt of Campos Basin

Eni Extends Support to Libya Following Floods

TotalEnergies and European Energy to Partner on Renewable Projects

TotalEnergies to Invest in New 1,050 MWac Renewable Portfolio JV

TotalEnergies to Build Plastic Recycling Unit

WGC2023 Publishes Beijing Declaration

Trinidad and Venezuela Ink Gas-Related Deal

Energy Analytics Institute’s NRGBriefs: September 2023

Maduro Says Venezuela, Trinidad Sign Deal to Share Gas Profits

Petrobras on Payment of Remuneration to Shareholders

Sungrow Inks 60MW/132MWh Energy Storage Contract in Chile

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Still Standing for Now: El Metro de Caracas

https://energy-analytics-institute.org/wp-content/uploads/2018/07/Still-Standing-For-Now_-Caracas-Metro.mp4
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