(Energy Analytics Institute, 1.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 1 Nov. 2024. —Argentina: Citigroup downgraded Pampa [more…]
Month: September 2024
MEEI Grants PSC for Block Modified U (C) to BG
(MEEI, 30.Sep.2024) — The Ministry of Energy and Energy Industries (MEEI) said a negotiated Production Sharing Contract (PSC) for Block Modified U (c ) has [more…]
Woodside Completes OCI Clean Ammonia Acquisition
(Woodside, 30.Sep.2024) — Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas [more…]
Matson Starts Construction of LNG-Powered Containerships
(Matson, 30.Sep.2024) — Matson, Inc. announced the start of construction on the first of three new “Aloha Class” containerships designed for its Hawaii and China-Long [more…]
New Fortress Sends Off First Full Cargo from Altamira
(Energy Analytics Institute, 30.Sep.2024) — New Fortress Energy Inc. announced that its Fast LNG (FLNG) asset located offshore Altamira, Mexico has achieved First Full Cargo [more…]
New Fortress Energy to Delay Dividend Payment
(Energy Analytics Institute, 30.Sep.2024) — New Fortress Energy Inc. will delay the payment of the company’s previously declared $0.10 per share Class A common stock [more…]
SLB and ADNOC Drilling Partner for Unconventional Development
(SLB, 30.Sep.2024) — SLB announced an agreement to create Turnwell Industries LLC OPC, a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The [more…]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with [more…]
Hess Gets HSR Clearance for Chevron Merger
(Hess, 30.Sep.2024) — Hess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the [more…]
US LNG Sector to Navigate Uncertainties with Harris or Trump
(S&P Global, 30.Sep.2024) — The 2024 presidential election carries risks and unknowns for US LNG project development, whether Vice President Kamala Harris is elected or [more…]
Exxon Director Joins Elliott Seeking to Acquire Citgo Petroleum
(Reuters, 28.Sep.2024) — Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil [more…]
Saudi Arabia Signals Oil Policy Shift
(The Washington Institute, 27.Sep.2024) — The kingdom anticipates and accepts lower oil prices, according to a news report, but the impact on other producers could [more…]
CNOOC Brings Shenhai-1 Phase II Development Online
(Energy Analytics Institute, 27.Sep.2024) — CNOOC Limited said the Shenhai-1 Phase II Natural Gas Development Project has commenced production. The project is located in the Qiongdongnan [more…]
ConocoPhillips Gets Judge to Approve Seizing of Payments to PDVSA
(Reuters, 27.Sep.2024) — ConocoPhillips on Friday got a Trinidad court to approve the seizing of payments from the Caribbean country to Venezuela’s state oil company [more…]
Pemex Posts Drop in Oil Output as AMLO Exits
(Reuters, 27.Sep.2024) — Crude output by Pemex fell in August as Mexico’s national oil company failed to reduce fuel imports in line with company targets, [more…]
Amber Energy Selected to Acquire Citgo
(Amber Energy, 27.Sep.2024) — Amber Energy Inc. has been selected as the acquirer of PDV Holding, Inc., the parent of Citgo Petroleum Corporation, by Robert Pincus, [more…]
MEEI Minister Young Tours PXGEO 2 Seismic Vessel
(MEEI, 27.Sep.2024) — Stuart R. Young, Minister of Energy and Energy Industries, and Minister in the Office of the Prime Minister toured the PXGEO 2 [more…]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. —Argentina: Petronas is rumored [more…]
TotalEnergies Acquires Producing Eagle Ford Assets from Lewis Energy
(TotalEnergies, 27.Sep.2024) — TotalEnergies signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by [more…]
Northern Lights Ready to Receive CO2
(Equinor, 26.Sep.2024) — On 26 Sep. 2024 the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in [more…]
Woodside Energy Executives Meet with MEEI Officials
(Energy Analytics Institute, 26.Sep.2024) — Executives with Woodside Energy provided an update to officials with the Trinidad and Tobago Ministry of Energy and Energy Industries [more…]
Chevron Agrees Hess CEO Will Not Join Board in Deal with US Regulator, Bloomberg Reports
(Reuters, 26.Sep.2024) — U.S. energy major Chevron has agreed Hess CEO John Hess will not join its board in an agreement with the U.S. Federal [more…]
Northern Lights Completion World’s First Commercial CO2 Transport and Storage Service
(Northern Lights, 26.Sep.2024) — Northern Lights JV unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore and offshore infrastructure has been delivered on [more…]
Northern Lights Facilities Finished, Ready to Store CO2
(TotalEnergies, 26.Sep.2024) — TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in [more…]
TotalEnergies Reveals Mozambique LNG Response
(TotalEnergies, 26.Sep.2024) — The digital media Politico published an article regarding alleged murders that would have been carried out by Mozambican soldiers close to Afungi, [more…]
Petrobras and Staatsolie Maatschappij Suriname N.V. Ink MOU
(Energy Analytics Institute, 26.Sep.2024) — Brazilian energy giant Petrobras signed non-binding memorandum of understanding (MOU) with its Surinamese counterpart Staatsolie Maatschappij Suriname N.V. aimed at [more…]
Frontera to Amend Substantial Issuer Bid
(Frontera, 25.Sep.2024) — Frontera Energy Corporation will amend its previously announced substantial issuer bid (the “Offer”) to remove the preferential acceptance of “odd lot” tenders, [more…]
Eni Releases 2024 Methane Report
(Eni, 26.Sep.2024) — Eni SpA’s actions to reduce methane emissions across its operations are revealed in the company’s Methane Report 2024. ____________________
Ecopetrol Changes Names of Offshore Projects
(Energy Analytics Institute, 24.Sep.2024) — Colombia’s state-owned Ecopetrol S.A., in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, [more…]
Masdar to Buy Saeta from Brookfield for $1.4bn
(Masdar, 24.Sep.2024) — Abu Dhabi Future Energy Company PJSC (Masdar), the UAE’s clean energy powerhouse, announced the proposed acquisition of Saeta Yield from Brookfield Renewable, [more…]
FTC Set to Greenlight Chevron’s $53bn Buy of Hess
(Reuters, 24.Sep.2024) — The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron‘s purchase of Hess as soon as this week, two [more…]
TotalEnergies to Supply 200,000 t/y of LNG to HD Hyundai until 2033
(TotalEnergies, 24.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces the signing of a Heads of [more…]
China Provides Some Respite as Oil Prices Rise
(Rystad, 24.Sep.2024) — Oil prices are on the rise again, but OPEC’s production cut unwinding still seems far off. Here is Rystad Energy’s oil macro [more…]
YPF CEO Marín Downplays Petronas Drama
(Energy Analytics Institute, 24.Sep.2024) — YPF President and CEO Horacio Marín downplayed the impact of Petronas deciding not to move forward as a partner in [more…]
SSR Mining Updates Seabee
(Energy Analytics Institute, 23.Sep.2024) — SSR Mining Inc. informed that Seabee will restart in second half of Oct. 2024. The fire activity has significantly reduced [more…]
Scala Data Centers Secures $500mn from Coatue and IMCO
(Scala Data Centers, 23.Sep.2024) — Scala Data Centers, the hyperscale sustainable data center platform in Latin America, is pleased to announce the successful completion of $500mn in structured financing. [more…]
Cemex’s Lower-carbon Materials to Fortify Wastewater Plant in San Francisco
(Cemex, 23.Sep.2024) — As part of San Francisco’s major initiative to sustainably upgrade and modernize infrastructure, Cemex has announced its involvement in reinforcing the City’s largest wastewater treatment [more…]
Mon Power and Potomac Edison Break Ground on Third Solar Site
(FirstEnergy, 23.Sep.2024) — Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp., have begun construction on their third utility-scale solar site in West Virginia to help meet the [more…]
Air France-KLM Ramps up SAF Offtake with TotalEnergies
(TotalEnergies, 23.Sep.2024) — TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) [more…]
Fénix Gas Field: Quick Facts
(Energy Analytics Institute, 23.Sep.2024) — France’s TotalEnergies announced the start of production from the Fénix gas field. The field is located 60 km off the [more…]
Pyka Secures $40mn to Advance Commercialization of Electric Aircraft
(Pyka, 23.Sep.2024) — Pyka, an electric aviation technology leader that designs and manufactures large-scale autonomous electric aircraft, today announced a $40mn Series B raise. The funding round was [more…]
CRRC to Unveil Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024
(CRRC, 22.Sep.2024) — Under the theme of On Track for A Low Carbon Future, CRRC Corporation Limited (“CRRC”, SHA: 601766) will display its line-up of passenger and [more…]
World Manufacturing Convention 2024 Showcases Next-Gen Technologies
(World Manufacturing Convention, 21.Sep.2024) — As technology and innovation converge, a grand feast celebrating the manufacturing industry is commencing. On 20 Sep. 2024, the 2024 World [more…]
New Projects to Open Bakken NGL Markets
(East Daley, 20.Sep.2024) — The Permian and Williston basins are both constrained by inadequate gas pipeline egress. Yet when it comes to managing the associated ethane, [more…]
US-China Circular Economy Forum Tackles “White Pollution”
(Niutech, 20.Sep.2024) — On 6 Sep. 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular [more…]
Petrobras on Payment of Remuneration to Shareholders
(Petrobras, 20.Sep.2024) — Petrobras, following up on the Material Fact of 13 May 2024 and the Communication of 11 Jun. 2024, informs that will pay [more…]
Class Action Filed Against New Fortress Energy
(Levi & Korsinsky, 20.Sep.2024) — Levi & Korsinsky, LLP notifies investors in New Fortress Energy Inc. of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to [more…]
Flex LNG on Mandatory Notification of Trade by PDMR
(Energy Analytics Institute, 20.Sep.2024) — Flex LNG Ltd. said it has received trade notifications from the following two persons discharging managerial responsibilities (PDMR). Øystein Kalleklev, CEO [more…]
Thai Delegation Explores Collaboration Opportunities in Green Economy
PHOTO CAPTION:Thai Delegation with the Ankeny Chamber of Commerce and the Greater Des Moines Partnership.
Crescent to Develop Integrated CCS Solution for Entergy
(Energy Analytics Institute, 20.Sep.2024) — Crescent Midstream will develop and build an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted [more…]
TotalEnergies on Production Start-up at Fenix Field Offshore Argentina
(TotalEnergies, 20.Sep.2024) — TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern [more…]
Kimmeridge and Commonwealth LNG Ink Deal with Glencore
(Energy Analytics Institute, 19.Sep.2024) — Kimmeridge Texas Gas (KTG) and Commonwealth LNG entered into a Heads of Terms agreement with Glencore LTD, creating a strategic natural [more…]
Gastech Houston 2024: Day 3 Wrap
(Gastech, 19.Sep.2024) — The third day of Gastech 2024 continued to forge the energy industry’s route towards achieving net-zero emissions and sustainable growth. Alongside a [more…]
Scarborough Primary Approval Challenge to be Dismissed
(Woodside, 19.Sep.2024) — Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough [more…]
Touchstone on Lapsing of Acquisition
(Energy Analytics Institute, 19.Sep.2024) — The Touchstone board of directors revealed that Trinity‘s announcement on 18 Sep. 2024 its board is seeking the permission of [more…]
Golden Arrow Initiates Permitting at the San Pietro Project in Chile
(Energy Analytics Institute, 19.Sep.2024) — Golden Arrow Resources Corporation has engaged the services of a Chilean environmental consultancy firm for the preparation and submission of an Environmental [more…]
TotalEnergies to Supply 1.25 Mt/y of LNG to CNOOC until 2034
(TotalEnergies, 19.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces a 5-year extension of its sales and [more…]
Petrobras Awards TechnipFMC Subsea Contracts by for Brazil’s Pre-Salt Fields
(Energy Analytics Institute, 19.Sep.2024) — TechnipFMC has been awarded two subsea contracts by Brazil’s state-owned Petrobras for the pre-salt fields offshore the South American country. [more…]
Mexican Elite Shun Lawmakers Who Advanced AMLO’s Judicial Reform
(Bloomberg, 18.Sep.2024) — Alejandra Chedraui was once part of Mexico City’s smart set, her wedding photos and family portraits appearing regularly in local newspapers’ society pages. [more…]
Hoymiles Inaugurates Mexico Manufacturing Facility in Monterrey
(Hoymiles, 18.Sep.2024) — Hoymiles, a provider of PV & energy storage solutions, officially inaugurated its first overseas manufacturing facility in Monterrey, Mexico, marking a significant milestone in [more…]
Citgo Awards $1mn to Caring For Our Coast Nonprofits
(Citgo, 18.Sep.2024) — Celebrating a decade of environmental protection, conservation and restoration, the Citgo Caring For Our Coast initiative is amplifying its impact with an additional $1mn in grants [more…]
Bristow to Present at Deutsche Bank Leveraged Finance Conference
(Energy Analytics Institute, 18.Sep.2024) — Bristow Group Inc. revealed that Chris Bradshaw, its President and Chief Executive Officer, will participate in a fireside chat discussion at the [more…]
Petrobras on Media Reports on Fuel Prices
(Energy Analytics Institute, 18.Sep.2024) — Petrobras downplayed claims in the media that it has decided to reduce fuel prices. “Any adjustments to the prices of its [more…]
TotalEnergies to Supply 1.1 mtpa to BOTAŞ for 10 Years
(Energy Analytics Institute, 18.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies signed a Heads of Agreement (HoA) [more…]
Strohm’s TCP Jumpers Installed Offshore Malaysia
(Energy Analytics Institute, 18.Sep.2024) — Strohm has overseen the successful installation of its thermoplastic composite pipe (TCP) Jumper technology at the Deepwater Sabah project offshore [more…]
Seadrill and Oil States in Strategic Collaboration to Enhance Offshore Operations
(Energy Analytics Institute, 17.Sep.2024) — Seadrill Limited and Oil States International, Inc. announced a non-exclusive collaborative relationship with an aim on increasing the safety and [more…]
SLB Launches Lumi Platform
(SLB, 17.Sep.2024) — SLB launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value [more…]
Woodside and JERA Ink Deal for Long-Term LNG Supply
(Woodside, 17.Sep.2024) — Woodside has signed a sale and purchase agreement (SPA) with JERA for the long-term supply of liquefied natural gas (LNG) to Japan. [more…]
Talos Energy Publishes Annual Sustainability Report
(Tales, 17.Sep.2024) — Talos Energy Inc. published its fifth annual Sustainability Report for the 2023 calendar year. The report highlights Talos’s continued commitment to transparency, emissions [more…]
Nucor Announces 3Q:24 Guidance
(Energy Analytics Institute, 17.Sep.2024) — Nucor Corporation announced guidance for its third quarter ending 28 Sep. 2024. Nucor expects third quarter earnings to be in the [more…]
Gastech Houston 2024: Day 1 Wrap
(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024 launched in Houston today under the banner of ‘Transforming Energy Through Vision, Innovation, and Action,’ providing a [more…]
Nauticus Robotics Reports Second Round of Aquanaut Mark 2 Testing
(Nauticus Robtics, 17.Sep.2024) — Nauticus Robtics, Inc., a innovator in autonomous subsea robotics and software, began its second round of qualification testing of its flagship underwater [more…]
Venture Global Expand European Regas Capacity
(Venture Global, 17.Sep.2024) — Venture Global announced the execution of a binding long-term terminal use agreement (TUA) with GASTRADE S.A. enabling the regasification and sale of liquefied natural [more…]
Johan Castberg Anchored in the Barents Sea
(Equinor, 17.Sep.2024) — The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The [more…]
Gastech Houston 2024: Day 2 Wrap
(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024, the world’s premier platform for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low carbon solutions, marked [more…]
Groete Gold Project Permit Update
(Energy Analytics Institute, 17.Sep.2024) — Gold Port Corporation revealed that the 100% owned claim group comprising the Groete Gold Copper Project has been renewed for the ensuing [more…]