(Kosmos, 5.Aug.2024) — Kosmos Energy Ltd. announced its financial and operating results for the second quarter of 2024. For the quarter, the company generated a […]
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.
Cheniere and Galp Ink Long-Term LNG SPA
(Cheniere, 5.Aug.2024) — Cheniere Energy, Inc. announced that its subsidiary Cheniere Marketing, LLC, entered into a long-term liquefied natural gas (LNG) sale and purchase agreement […]
ENAP On Offer Related to its Notes due 2031
(ENAP, 5.Aug.2024) — Empresa Nacional del Petróleo, a state-owned enterprise organized under the laws of the Republic of Chile announced today the pricing and final results […]
Golar and bp Enter Commercial Reset Arrangements for FLNG Gimi
(Golar LNG, 5.Aug.2024) — Golar LNG Ltd., and bp, as operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset […]
Petrobras Confirms Gas Find Offshore Colombia at Uchuva-2
(Petrobras, 5.Aug.2024) — Petrobras, following up on the release disclosed on 29 July 2022, has achieved the main target of the Uchuva-2 well, confirming the extent […]
Allison Forms Strategic Partnership to Expand Global Mining Presence
(Allison, 18.Jul.2024) — Allison Transmission has formed a new strategic partnership with Lingong Heavy Machinery Co. Ltd. (LGMG), a prominent Chinese mining equipment manufacturer, to provide […]
AES Reports Record Sales with Data Center Hyperscalers
(AES, 1.Aug.2024) — The AES Corporation reported financial results for the quarter ended June 30, 2024. “AES had another strong quarter, extending our leadership in supplying renewable […]
Ryerson Acquires Production Metals
(Ryerson, 2.Aug.2024) — Ryerson Holding Corporation announced its acquisition of Production Metals, LLC. Based in Monroe, Connecticut, Production Metals serves New England and the surrounding area with […]
SLB OneSubsea Inks Deal with Petrobras Offshore Brazil
(SLB, 2.Aug.2024) — SLB announced a major contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for their standardized, pre-salt subsea […]
Exxon Reports 2Q:24 Results
(Exxon, 2.Aug.2024) — Exxon Mobil Corporation announced second-quarter 2024 earnings of $9.2bn, or $2.14 per share assuming dilution. Cash flow from operating activities was $10.6bn and […]
Universal Logistics Holdings Unveils EVs
(Universal Logistics, 2.Aug.2024) — Universal Logistics Holdings, Inc. announces the integration of the 2025 Peterbilt 579EV into its fleet as a part of our ongoing sustainability […]
Chevron Reports 2Q:24 Earnings, to Move HQ to Houston
(Chevron, 2.Aug.2024) — Chevron Corporation reported earnings of $4.4bn ($2.43 per share – diluted) for second quarter 2024, compared with $6bn ($3.20 per share – diluted) […]
Sunbelt to Acquire Maxima Power Group
(Sunbelt Solomon, 1.Aug.2024) — Sunbelt Solomon Services, a provider of customized electrical power solutions and services, announced the acquisition of Maxima Power Group. Comprised of Magna […]
Petrobras to Acquire Undersea Equipment for Santos and Campos Basins
(Petrobras, 1.Aug.2024) — Petrobras has signed the first contract to acquire undersea equipment to start implementing the Atapu 2 and Sépia 2 projects. The equipment will […]
PETRONAS and SIM Distribuidora to Pilot Three Fuel Stations in Brazil
(Petronas, 1.Aug.2024) — Petroliam Nasional Berhad (Petronas) launched its first brand licensing initiative in partnership with SIM Distribuidora, that will operate three pilot fuel retail […]
Ecopetrol on Senior Management Moves
(Ecopetrol, 31.Jul.2024) — Ecopetrol S.A. informs that the Board of Directors, in its meeting held on 31 July, 2024 adopted the following decisions: As part of the implementation […]
APA Corp. Updates on Permian Drilling, Suriname
(APA Corp., 31.Jul.2024) — APA Corporation announced its financial and operational results for the second quarter of 2024.APA reported net income attributable to common stock of […]
FPSO Almirante Tamandaré Departs for Brazil from Shipyard in China
(Petrobras, 31.Jul.2024) — The Almirante Tamandaré platform ship left the CMHI shipyard in China on 31 July 2024, bound for the Búzios field. The FPSO (floating […]
BYD Explores Canadian Auto Market Entry -Regulatory Filing
(Reuters, 30.Jul.2024) — Chinese EV maker BYD is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as […]
bp Gives Go-ahead for 6th Operated Hub, Kaskida, in the US GOM
(bp, 30.Jul.2024) — bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to […]
bp’s 2Q:24 Results, Kaskida FID
(bp, 30.Jul.2024) — “Our businesses continue to operate safely and efficiently. We are driving focus across the business and reducing costs, all while building momentum in […]
Fitch Maintains Ecopetrol’s Rating at BB+
(Ecopetrol, 30.Jul.2024) — Ecopetrol S.A. said the credit rating agency Fitch Ratings maintained the company’s credit rating at BB+ with a stable outlook. Additionally, the agency […]
Eni Inks MoU with SOCAR to Explore Cooperation in Energy Projects
(Eni, 30.Jul.2024) — Eni CEO Claudio Descalzi and SOCAR (State Oil Company of Azerbaijan Republic) CEO Rovshan Najaf signed a Memorandum of Undestanding (MoU) in Baku […]
Petrobras Reports 2.4% Rise in Oil and Gas Production in 12 Months
(Petrobras, 29.Jul.2024) — Petrobras ended the second quarter of 2024 (2Q24) with an average production of 2.7 million barrels of oil equivalent per day (boed), […]
Itabus Travels with Enilive’s Biofuel, 100% Made from Renewable Raw Materials
(Eni, 29.Jul.2024) — Itabus, an Italian transport company, is now using Enilive‘s HVOlution diesel biofuel to power its fleet of next-generation buses. The new agreement strengthens […]
Election Results in Venezuela, Possible Routes Forward
(Rystad, 29.Jul.2024) —While the election in Venezuela may be over, the future is still not certain. There was a forgone conclusion that the incumbent government […]
TotalEnergies Reports 2Q:24 Results, Eyes Suriname Block 58 FID
(TotalEnergies, 25.Jul.2024) —The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on 24 July 2024, to approve the second quarter 2024 […]
Polls Open in Venezuelan Election That Could Lead to Seismic Shift
(AP, 27.Jul.2024) — Venezuelans are voting Sunday in a presidential election whose outcome will either lead to a seismic shift in politics or extend by six more […]
Luca Mining Completes Construction of Tahuehueto Gold Mine
(Luca, 25.Jul.2024) — Luca Mining Corp. has completed construction of its new, 100% owned Tahuehueto gold mine located in Durango State, Mexico. Tahuehueto is a fully permitted […]
Eni Reports 2Q:24. and 2H:24 Results
(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. […]
Repsol Reveals New Share Buyback, Updates on Venezuela
(Repsol, 26.Jul.2024) — Repsol posted net income of €1.626bn in the first half of 2024, up 14.5%, a period marked by the presentation and implementation of […]
Pemex Reports 2Q:24 Financial, Operational Results
(Pemex, 26.Jul.2024) — Regarding financial results, Pemex reported a net loss of MXN 255.9bn was obtained in 2Q:24, MXN 281.4bn lower than the net profit of […]
PETRONAS, Enilive and Euglena Take FID on Biorefinery in Malaysia
(Eni, 26.Jul.2024) — Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. have reached the final investment decision […]
Touchstone on All Share Offer for Trinity
(Touchstone, 25.Jul.2024) — Touchstone Exploration Inc. notes the announcement made yesterday by Trinity Exploration and Production Plc. regarding a possible cash offer for Trinity (the “Possible […]
GAR Boosts Presence with New Storage Capacity in Europe´s Largest
(GAR, 25.Jul.2024) — Golden Agri-Resources (GAR) announced a new lease partnership for storage capacity at the state-of-the-art Chane terminal in Rotterdam, the largest port in Europe. The first shipment […]
Petrobras Sells Bunker Fuel with Renewable Content
(Petrobras, 25.Jul.2024) — This week, Petrobras sold a marine fuel with renewable content (the VLS B24) to supply ships off the Brazilian coast. Petrobras is the country’s […]
In Gas-rich Venezuela, Next President Faces Problem of Producing It
(Reuters, 24.Jul.2024) — Griselda Ascanio keeps an improvised wood-burning stove ready in her backyard in Maracay, 120 kilometers (75 miles) from Venezuela’s capital, for the frequent gas-supply […]
IsoEnergy Announces Strategic Sale of its Argentina Portfolio
(IsoEnergy, 22.Jul.2024) — IsoEnergy Ltd. has completed the sale (the “Transaction“) to Jaguar Uranium Corp. of 100% of the issued and outstanding shares (the “Target Shares“) […]
Plenitude Completes new 39 MW Wind Farm in Calabria
(Eni, 25.Jul.2024) — Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province […]
Eni on Approval of First Tranche of 2024 dividend: € 0.25/Share
(Eni, 25.Jul.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, today resolved to distribute to Shareholders the first of the four tranches of the provision […]
TotalEnergies Launches Battery Storage Development in Germany
(TotalEnergies, 25.Jul.2024) — TotalEnergies has taken the final investment decision for a 100 MW /200 MWh battery storage project in Dahlem, North Rhine-Westphalia. This is the […]
TotalEnergies Buys Interest in OranjeWind Offshore Wind Farm
(TotalEnergies, 25.Jul.2024) — TotalEnergies signed agreements with German renewable developer RWE, to acquire a 50% stake in OranjeWind, a 795 MW offshore wind farm under development […]
TotalEnergies Announces Second Interim Dividend of €0.79/Share
(TotalEnergies, 25.Jul.2024) — The Board of Directors meeting on 24 July 2024 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the […]
Noble and Diamond Offshore Provide Transaction Update
(Noble, 25.Jul.2024) — Noble Corporation plc and Diamond Offshore Drilling, Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation […]
Ecovyst Makes Equity Investment in Pajarito Powder
(Ecoyvst, 25.Jul.2024) — Ecovyst Inc. announced a key equity investment of $4.5mn in Pajarito Powder, an innovative materials science company that specializes in supports and catalysts required for […]
Petrobras Reveals Redemption Price for 4.750% Global Notes due 2025
(Petrobras, 24.Jul.2024) — Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) has delivered notices to the holders of the outstanding 4.750% Global Notes […]
Core Lab Reports 2Q:24 Results
(Core Lab, 24.Jul.2024) — Core Laboratories Inc. reported second quarter 2024 revenue of $130,600,000. Core’s operating income was $16,000,000, with diluted earnings per share (“EPS”) of $0.19, all in […]
Port of Corpus Christi Reports 2Q:24 Volumes
(The Port of Corpus Christi, 23.Jul.2024) —The Port of Corpus Christi customers moved 50.1 million tons through the Corpus Christi Ship Channel in the second […]
Woodside Reports 2Q:24 Results
(Woodside, 23.Jul.2024) — Woodside Energy reported quarterly production of 44.4 MMboe (488 Mboe/day), down 1% from Q1 2024 due to planned maintenance activities, weather impacts at […]
Flowserve Acquires LNG Pumping Technology from NexGen Cryo
(Flowserve, 23.Jul.2024) — Flowserve Corporation acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging […]