(Energy Analytics Institute, 31.Jul.2023) — Energy briefs as well as others related to finance and projects during July 2023 including Dominion Energy (NYSE: D) concluding a sale process and executed a definitive agreement to sell its 50% non-controlling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy; Vista Energy, S.A.B. de C.V. publishing its 2022 sustainability report; OMV publishing its 2022 fact book; and more.
EUROPE
Austria
— OMV released its 2022 fact book on its website.
France
— Technip Energies and LanzaTech inked a joint collaboration agreement to create a new pathway to sustainable ethylene utilizing their combined technologies, Technip announced 11 Jul. 2023 in an official stmt. Together LanzaTech’s carbon capture and utilization technology with Technip Energies’ Hummingbird® technology transform waste carbon into ethylene, the most common building block in petrochemicals.
Italy
— During the period from 3-7 Jul. 2023, Eni acquired on the Euronext Milan no. 3,760,012 shares, at a weighted average price per share equal to 13.2790 euro, for a total consideration of 49,929,360.41 euro within the authorization to purchase treasury shares approved by the Shareholders’ Meeting on 10 May 2023, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999, the Italian co. announced 12 Jul. 2023 in an official stmt.
Spain
— Pan Global Resources Inc. (TSXV: PGZ) (OTCQB: PGZFF) said initial drilling at the high priority Romana West target has intersected visible copper and tin mineralization in the first two drill holes. The Romana West target includes the westward projection of a large gravity anomaly coincident with the La Romana discovery and potential extension to the near-surface La Romana Cu-Sn-Ag mineralization. Drilling to date at La Romana shows the mineralization extends over approximately 1.2km of strike and remains wide open to the west in the direction of the historical La Romana mine workings at the Romana West target. Detailed geophysics, geochemistry and geological surveys are expanding in the area, the co. announced 6 Jul. 2023 in an official stmt.
LATIN AMERICA AND THE CARIBBEAN
Bolivia
— New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP), together with its local Bolivian partner, reports assay results of the final 18 drill holes from its 2023 Q1 drill program at its Carangas Silver-Gold Project, Oruro Department, Bolivia. Assay results of all 39 holes totaling 17,623m have now been rec’d and released, the co. announced 6 Jul. 2023 in an official stmt.
Colombia
— Parex Resources Inc. will release its 2Q:23 results as well as provide an operational update post-mkt on 2 Aug. 2023, w/ plans to host a conf. call for investors, analysts and other interested parties the following day.
Mexico
— Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) released results of three drill holes from below Level 17, the current deepest workings at the Elena Tolosa (“ET”) Area of the Avino system. Previously, Avino reported the extension of the Avino Vein to a further 500m downdip below the lowest current production mining level. Drill Hole ET-23-09 shows 57m true width of mineralization and is a step out 50m to the west of Avino’s most westerly drill hole at 200m downdip below Level 17. This continuing exploration program is testing the continuity of the steeply dipping mineralization. Avino has enlisted several world-renowned consulting geologists to contribute to the geological theory to drive understanding of the mineralization characteristics. The depth extent of at least 750m of known mineralization is unusual in comparison with most Mexican epithermal deposits, the co. announced 5 Jul. 2023 in an official stmt.
— Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) published its 2022 Sustainability Report. The co. reported a 25% reduction in its scope 1 and 2 GHG emissions intensity vs the previous yr, in line w/ its ambition to become net zero in scope 1 and 2 GHG emissions by 2026, the co. announced 3 Jul. 2023 in an official stmt.
Venezuela
— Venezuela’s gov’t rolled back an increase in fuel prices in a matter of weeks after it drew pushback from industry groups. Petroleos de Venezuela SA will go back to subsidizing the price of diesel for businesses at 3 bolivars per liter after hiking prices to $0.32 per liter in early Jul., according to the official gazette, dated July 21, Bloomberg reported 27 Jul. 2023.
NORTH AMERICA
Canada
— Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network (“INN”). For 12-mths, INN will provide advertising to increase awareness of the issuer. INN doesn’t provide Investor Relations or Market Making services. The cost of the campaign is $32,400, Blue Sky announced 10 Jul. 2023 in an official stmt. Dig and INN are at arm’s length to the co. As of 8 June 2023, principals of Dig own 56,000 shrs and may purchase securities from time to time for investment purposes. INN’s engagement is subject to approval by the TSX Venture Exchange.
— Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its 2Q:23 financial and operating results after the mkt close on 27 Jul. 2023. CPKC will discuss its results w/ the financial community in a conf. call beginning at 4:30pm EST (2:30pm MST) on 27 July, the co. announced 7 Jul. in an official stmt.
US
— xb said the new Eliminator™ high capacity bladder pump, designed to handle light nonaqueous phase liquids (LNAPLs) and dense nonaqueous phase liquids (DNAPLs), as well as viscous contaminants, including crude oil, Q.E.D said 13 Jul. 2023 in an official stmt. Available for 2-inch (50mm) or 4-inch (100mm) wells or larger, the Eliminator pump offers 100%t air-powered operation, no contact between drive air and contaminated fluids, and simple flow optimization.
— Dominion Energy (NYSE: D) concluded sale process and executed a definitive agreement to sell its 50% non-controlling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy, which currently operates the facility and owns a 100% general partner and 25% limited partner interest. The total transaction value is $3.5bn, inclusive of transaction proceeds ($3.3bn) and expected proceeds from the termination of related interest rate derivatives ($0.2bn), Dominion announced 10 Jul. 2023 in an official stmt.
— Talos Energy Inc. (NYSE: TALO) will release 2Q:23 results for the period ended 30 Jun. 2023, on 8 Aug. 2023, after the U.S. financial mkt closes. Talos will also host a conf. call, broadcast live over the internet, on 9 Aug. at 10am EST (9am CST), the co. announced 10 Jul. in an official stmt.
— In the 2Q:23, Telsa produced nearly 480,000 vehicles and delivered over 466,000 vehicles, the co. announced 2 Jul. 2023 in an official stmt.
| Production | Deliveries | Subject to operating lease accounting | |
| Model S/X | 19,489 | 19,225 | 8% |
| Model 3/Y | 460,211 | 446,915 | 5% |
| Total | 479,700 | 466,140 | 5% |
— In conjunction w/ Nucor‘s (NYSE: NUE) 2Q:23 earnings release, the co. invites interested parties to listen to its live conf. call w/ host Leon Topalian, Nucor’s Chair, president and CEO. The conf. call will include a review of Nucor’s results, followed by a Q&A session. The event will be available on the internet on 25 July 2023, at 10am EST.
— RPC, Inc. (NYSE: RES) will release its financial results for the 2Q:23 ended 30 Jun. 2023 on 26 Jul. 2023 before the mkt opens. In conjunction w/ its earnings release, the co. will host a conf. call to review its financial and operating results on 26 Jul. at 9am EST, the co. said 5 Jul. in an official stmt. To participate in the conf. call interested parties can dial toll-free (888) 440-5966, or (646) 960-0125 for int’l callers, and use conf. ID number 9842359.
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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
