HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Oct.2024, Words: 310) — ConocoPhillips anticipates closing the planned acquisition of Marathon Oil in the fourth-quarter 2024 (4Q:24). […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.
ConocoPhillips Reports 3Q:24 Results, Updates on Marathon
(ConocoPhillips, 31.Oct.2024) — ConocoPhillips reported third-quarter 2024 earnings of $2.1bn, or $1.76 per share, compared with third-quarter 2023 earnings of $2.8bn, or $2.32 per share. […]
Expand Energy Reveals 2025 Capex Plan, Comments on Chesapeake
(Expand Energy, 31.Oct.2024) — Expand Energy Corporation reported third-quarter 2024 financial and operating results. In addition, the company provided its preliminary 2025 capital and operating […]
SM Energy Reports 3Q:24 Results (PDF Download)
(SM Energy, 31.Oct.2024) — SM Energy Company reported operating and financial results for the third quarter 2024 (3Q:24) and provided certain full year and fourth […]
Baker Hughes Launches Advanced Oxygen Analyzer
(Baker Hughes, 31.Oct.2024) — Baker Hughes launched the XMO2pro, a new and advanced oxygen analyzer designed to ensure greater levels of stability, accuracy and reliability. […]
Ecopetrol and Petrobras to continue exploration offshore Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Oct.2024, Words: 219) — Colombia’s state-owned Ecopetrol S.A. said the Santa Marta Tribunal issued a favorable decision […]
TotalEnergies CEO to Argentina’s Javier Milei: “We Want Our Money Back”
HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — TotalEnergies chairman and CEO Patrick Pouyanné told analysts during the company’s third-quarter 2024 (3Q:24) webcast that the French […]
COP Reports 3Q:24 Results, Boosts Quarterly Dividend (PDF Downloads)
(ConocoPhillips, 31.Oct.2024) — ConocoPhillips reported third-quarter 2024 earnings of $2.1bn, or $1.76 per share, compared with third-quarter 2023 earnings of $2.8bn, or $2.32 per share. […]
AES Reports 3Q:24 Results; Boasts 1.2 GW of Construction (PDF Download)
(AES, 31.Oct.2024) — The AES Corporation reported financial results for the quarter ended 30 Sep. 2024. “Our third quarter financial results and strategic accomplishments were […]
Woodside and Tokyo Gas in Discussions Over Stake in US LNG Project
(Reuters, 31.Oct.2024) — Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, […]
TotalEnergies Reports 3Q:24 Results, Output of 2.41 MMboe/d (PDF Downloads)
(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of […]
Petrobras 3Q:24 Hydrocarbon Production in Two Charts
(Energy Analytics Institute, 31.Oct.2024) — Brazil’s state-owned Petrobras reported total hydrocarbon production of 2,689 Mboe/d in the third quarter 2024 (3Q:24), down 0.8% sequentially compared […]
EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia
HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA […]
Mark the Date: 3rd Caracas Gas Forum 2024 Set for 7 Nov.
(Energy Analytics Institute, 30.Oct.2024) — Participate in the third edition of the Caracas Gas Forum 2024, which will focus on promoting decarbonization and security of […]
Exxon to Sell its Vaca Muerta Assets to Pluspetrol
(Reuters, 30.Oct.2024) — U.S. energy giant Exxon Mobil agreed on the terms and conditions to sell its oil and gas assets in Argentina’s Vaca Muerta […]
Marathon Oil Cuts 500 Houston Jobs
(Bloomberg, 30.Oct.2024) — Marathon Oil Corp. warned of a “mass layoff” involving more than 500 employees at its Houston headquarters as part of the $17 […]
Mexico’s Sheinbaum looks to reduce costs at state-owned energy giant Pemex
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Oct.2024) — Mexico’s President Claudia Sheinbaum Pardo said the main plan for state-owned Pemex was to make […]
Cheniere Reports 3Q:24 Results, Updates on Dividend (PDF Downloads)
(Cheniere, 30.Oct.2024) — Cheniere Energy, Inc. announced its financial results for the third quarter 2024 as well as details around producing and loading its 1,000th LNG […]
Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil
(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started […]
JinkoSolar on Annual Capacities: Solar Cell and Solar Module
(Energy Analytics Institute, 30.Oct.2024) — JinkoSolar Holding Co., Ltd. expects its annual production capacity for mono wafer, solar cell and solar module to reach 120.0 […]
JinkoSolar Releases 3Q:24 Financial Results (PDF Downloads)
(JinkoSolar, 30.Oct.2024) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced its unaudited financial results […]
Seaway7 Awarded Offshore Wind Contract in UK
(Energy Analytics Institute, 30.Oct.2024) — Subsea7 announced the award to Seaway7, part of the Subsea7 Group, of a substantial contract by Ørsted for the transport […]
Hess says net production in Guyana in 3Q:24 rose 57% year-over-year
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 30.Oct.2024) — New York City-based Hess Corporation said its net production in the prolific Stabroek block offshore […]
Cheniere Sets Methane Emissions Intensity Target for its Liquefaction Assets
(Cheniere, 30.Oct.2024) — Cheniere Energy, Inc. has set a voluntary, measurement-informed Scope 1 annual methane intensity target for its liquefaction facilities. The Scope 1 methane […]
Petrobras Updates on Collective Action Judgement in the Netherlands
(Petrobras, 30.Oct.2024) — Petrobras, further to the Announcements to the Market of 29 Jan. 2020, 27 May 2021 and 26 Jul. 2023, hereby informs that […]
Hess Reports Higher 3Q:24 Adj. Net Income, Higher Bakken Output (PDF Download)
(Hess, 30.Oct.2024) — Hess Corporation reported net income of $498mn, or $1.62 per share, in the third quarter of 2024, compared with net income of […]
Pemex Reveals 3Q:24 Results, 1.8 MMb/d Output Goal (PDF Downloads)
(Pemex, 29.Oct.2024) — During the third-quarter 2024 (3Q:24) Petróleos Mexicanos (Pemex) maintained its commitment to provide timely support for operations, employing resources responsibly and efficiently. […]
Canada’s Renewable Diesel Projects hit by US Import Surge
(Reuters, 29.Oct.2024) — Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia’s low carbon fuel standard […]
EQT Divests Remaining Non-Operated Assets to Equinor
(Energy Analytics Institute, 29.Oct.2024) — EQT Corporation has entered into an agreement with Equinor USA Onshore Properties Inc. and Equinor Natural Gas LLC to sell […]
Chevron CEO Mike Wirth Visits Anchor Platform (Video)
(Chevron, 29.Oct.2024) — Chevron Corporation Chairman and CEO, together with CNBC, flew out to the U.S. Gulf of Mexico to visit the Anchor Platform to […]
FACTSHEET: Chevron’s Anchor Platform
(Energy Analytics Institute, 29.Oct.2024) — Chevron Corporation revealed some key takeaways about its Anchor platform in the US Gulf of Mexico. Those takeaways include the […]
Tecpetrol and Pampa Energía Move Forward with Plans for Bahía Blanca
(Energy Analytics Institute, 29.Oct.2024) — Vaca Muerta shale formation producers Tecpetrol and Pampa Energía are reportedly moving forward with plans to utilize the Bahía Blanca […]
Equinor to Pay $1.25bn for EQT Interest in Northern Marcellus
(Energy Analytics Institute, 29.Oct.2024) — Equinor inked an agreement with EQT Corporation to acquire additional non-operated interest in the Northern Marcellus formation in the US. […]
New Gold Announces Commercial Production at New Afton
(New Gold., 29.Oct.2024) — New Gold Inc. announced the completion of significant production milestones at the New Afton copper-gold mine in British Columbia and the […]
CNOOC Africa Inks EDPC with Midland Oil Company in Iraq
(Energy Analytics Institute, 29.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Africa Holding Ltd., entered into an Exploration, Development & Production Contract (EDPC) with Midland […]
Expand to Running 12 Rigs, to Drop 2 in 1Q:25 (PDF Downloads)
(Energy Analytics Institute, 29.Oct.2024) — Expand Energy Corporation is currently running 12 rigs (8 in Haynesville, 2 in Northeast Appalachia, and 2 in Southwest Appalachia) […]
Pemex’ 3Q:24 production averaged 1.76 MMb/d, while debt falls to $97.3bn
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Oct.2024) — Mexico’s state-owned Pemex reported average liquids and condensate production of 1,764 Mb/d in the third-quarter […]
EPA Selects PCCA as Clean Ports Program Grant Recipient
(PCCA, 29.Oct.2024) — The Port of Corpus Christi Authority (PCCA) has been selected to receive $105mn through the United States Environmental Protection Agency’s (EPA) Clean […]
Guy Mannino’s Leadership Puts Verdek at the Forefront of the EV Transition
(Verdek, 29.Oct.2024) — Our team had the opportunity to hear from one of the forerunners of EV infrastructure in the US, Guy Mannino. Considered a […]
Ecopetrol Announces Full Redemption of its Notes due 2026
(Ecopetrol, 29.Oct.2024) — Ecopetrol S.A. will redeem the outstanding balance of its 5.375% notes maturing in Jun. 2026 (CUSIP: 279158 AL3 / ISIN: US279158AL39) (the […]
Electrification is the Accelerated Route to Energy Efficiency, Peak Emissions
(Wood Mackenzie, 29.Oct.2024) — The electrification of the energy system is the central plank of the energy transition. In Wood Mackenzie’s base case, displacing fossil […]
Constitutional reform to strengthen Pemex and CFE, Sheinbaum says
MEXICO CITY, MEXICO (By Piero Stewart, Energy Analytics Institute, 28.Oct.2024, Words: 185) — Mexico’s constitution reform is very important as it represents returning Pemex and […]
Egypt President Abdel Fattah el-Sisi Meets Eni CEO Claudio Descalzi
(Eni, 28.Oct.2024) — The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met today with Eni Chief Executive Officer Claudio Descalzi to follow […]
Petrobras Reports 3Q:24 Output of 2.7 MMboe/d (PDF Download)
(Petrobras, 28.Oct.2024) — In 3Q:24, Petrobras‘ total production of oil, NGL and natural gas reached 2,689 Mboed, in line with 2QÑ24. The highlights were the […]
Oil Cargo from Mexico en Route to Cuba Amid Power Crisis, Data Shows
(Reuters, 28.Oct.2024) — A tanker carrying about 400,000 barrels of oil departed from Mexico’s Pajaritos port and was on Monday en route to Cuba, where […]
Lower 48 LNG Exports to Reach 25.7 Bcf/d by Jan. 2030
(Energy Analytics Institute, 28.Oct.2024) — Assuming all the LNG export projects located in the Lower 48 that have taken a final investment decision (FID) and […]
Sempra Earns Perfect Score on CPA-Zicklin Index
(Sempra, 28.Oct.2024) — Sempra has been recognized as a Trendsetter for the ninth consecutive year for its civic transparency by the Center for Political Accountability’s […]
Baker Hughes to Supply Petrobras with Flexible Pipe Systems
(Baker Hughes, 28.Oct.2024) — Baker Hughes announced significant contracts with Petrobras to provide 77 km of flexible pipe systems to be deployed in Brazil’s pre-salt […]
QatarEnergy and TotalEnergies to Partner in Solar Project in Iraq
(Energy Analytics Institute, 28.Oct.2024) — QatarEnergy inked a partnership agreement with the French oil giant TotalEnergies to enter into a solar power project that is […]
CNOOC Reports Record High Net Production and Net Profit in 3Q:24
(CNOOC Limited, 28.Oct.2024) — CNOOC Limited and 80883 announces its operating results for the third quarter of 2024. In the first three quarters of 2024, […]