Total Announces Fourth Find In Suriname’s Block 58
(Total, 14.Jan.2021) — Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This...
France’s Total Acquires Fonroche Biogaz
(Total, 11.Jan.2021) — Total announces the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed...
TechnipFMC On Activities Toward Separation
(TechnipFMC, 7.Jan.2021) — TechnipFMC plc announced the resumption of activities toward its planned separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and...
EU Commission President On US Election
(Energy Analytics Institute, 6.Jan.2021) — EU Commission President Ursula von der Leyen comments on US elections and recognition of Joe Biden as the next US president. “I believe in the...
EU’s Declaration On Backing Venezuela’s Juan Guaido
(EU Council, 6.Jan.2021) — The Venezuelan elections of 6 December 2020 for the National Assembly regrettably went ahead without a national agreement on electoral conditions. The European Union considers that...
Gunvor Closes Innovative New Natural Gas Facility
(Gunvor, 21.Dec.2020) — Gunvor Group successfully closed a new €300mn financing facility, which consists of a syndicated, pan-European natural gas repo facility to cover multiple jurisdictions in Europe with a...
Gunvor Launches $540mn Biodiesel Borrowing Base
(Gunvor, 4.Dec.2020) — Gunvor Group successfully closed a new $540mn borrowing base facility to support the company's biodiesel trading activity. The facility drew strong support among Gunvor's banking partners, which...
OPEC+ To Boost Output After Tense Negotiations
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
Braskem And Haldor Topsoe Production MEG From sugar
(Braskem, 23.Nov.2020) — Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a global leader in supply of...
Seadrill Takes Actions To Address Capital Structure
(Seadrill, 20.Nov.2020) — “Seadrill continues to play its part in establishing a more viable market environment - taking action on scrapping rigs, reducing the cost of operation and support activities,...
Panasonic And Equinor Eye European Battery Business
(Panasonic, 18.Nov.2020) — The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business...
Total And ADNOC Ink CO2 Emissions Framework Deal
(Total, 12.Nov.2020) — Total signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership opportunities in the areas of...
Total’s 3Q:20 Results Call Transcript
(Seeking Alpha, 30.Oct.2020) — Details of Total’s third quarter earnings conference call on 30 October 2020 can be found here. Company Participants Jean-Pierre Sbraire - Chief Financial Officer Conference Call...
France’s Total Charters Four New LNG-powered Vessels
(Total, 28.Oct.2020) — Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with liquefied natural gas (LNG) propulsion. These vessels,...
Total Obtains 20% Of Volumes In Solar Tender
(Total, 27.Oct.2020) — Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20% of...
Repsol To Advanced Biofuels Plant In Cartagena
(Repsol, 22.Oct.2020) — Repsol will build the first production plant for advanced biofuels in Spain at its Cartagena refinery. From this new facility, the multi-energy company, committed to the circular...
JinkoSolar To Supply 204 MW Of Swan Bifacial Modules
(JinkoSolar, 19.Oct.2020) — JinkoSolar Holding Co., Ltd. signed a Module Supply Agreement for the Kozani project in the north of Greece, which has been developed by juwi Hellas Renewable Energy...
Six Norway Oil And Gas Fields Shut Amid Strike
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said. The strike will...
Repsol Begins Producing At Its Delta Wind Project
(Repsol, 1.Oct.2020) — Repsol, as part of its commitment to an efficient and sustainable energy transition, has reached a new milestone and started to generate wind power with the connection...
Equinor Inks Deal For Kollsnes MEG Upgrade
(Equior, 17.Sep.2020) — On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes. Under the...
Noble Lloyd Noble To drill At Valemon
(Equinor, 8.Sep.2020) — Noble Drilling Norway AS has been awarded a contract for drilling three wells at the Valemon field from the summer of 2021, applying the Noble Lloyd Noble...
Saipem To Build 450 MW Offshore Wind Farm In Italy
(Reuters, 25.Aug.2020) — Italy’s Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy, the energy services group said...
EP PetroEcuador Exports Industrial Residue To France
(Energy Analytics Institute, 18.Aug.2020) — EP PetroEcuador exported tons of industrial waste from the Esmeraldas Refinery for final disposal at treatment plants in France and with all the necessary permits...
Total Closes Sale Of Non-Core Assets To NEO Energy
(Total, 6.Aug.2020) — Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core assets to NEO Energy. "As announced on May 20,...
Kosmos’ 2Q Conference Call And Webcast
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. Kosmos will host a conference call and webcast to discuss second quarter 2020 financial and operating results today at 10:00 a.m. Central time (11:00...
Total Maintains 2Q:20 Dividend At €0.66/share
(Total, 30.Jul.2020) — Total’s Board of Directors met on 29 July 2020, and declared the distribution of the second 2020 interim dividend at €0.66/share, stable compared to the first 2020...
Siemens To Establish Mobile Working As “New Normal”
(Siemens, 16.Jul.2020) — Siemens will establish mobile working as a core component of its “new normal” and will make it a permanent standard, both during the global pandemic and beyond....
Investors In Russian Pipeline At Risk Of US Sanctions
(Reuters, 15.Jul.2020) — U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks...
Venezuela Awaits New Products Cargo From Italy
(Argus, 3.Jul.2020) — Venezuela will receive another products cargo from Italy next week, highlighting the endurance of debt-related oil trade with EU companies that falls outside the scope of escalating...
AlgaEnergy Expands To France And North Africa
(AlgaEnergy, 2.Jul.2020) — AlgaEnergy S.A., a global leader in microalgae biotechnology, continued its global expansion with the appointment of Bachar Blal as Regional Business Manager of its new subsidiary in...
Aker Solutions Awarded LOI For Breidablikk
(Aker, 24.Jun.2020) — Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The...
Total Joins The “Getting To Zero Coalition”
(Total, 8.Jun.2020) — Total has joined the Getting to Zero Coalition to support the maritime industry's decarbonisation by collaborating with companies across the maritime, energy, infrastructure and finance sectors. The...
Women At The Top Of UK Energy Sector Rises
(PwC, 3.Jun.2020) — POWERful Women and PwC have today published the latest ‘state of the nation’ on the gender balance at the top of the UK energy industry. The 2020...
Total Enters Into North Sea Wind Farm Project
(Total, 3.Jun.2020) — Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project for an upfront payment at...
US Senators Expected To Sanction Nord Stream 2
(Reuters, 29.May.2020) — Two U.S. senators are expected to introduce next week sanctions on the Nord Stream 2 natural gas pipeline that Russia is trying to finish, but which Washington...
Financing For Development During Era Of COVID-19
(IMF, 28.May.2020) — Opening remarks from International Monetary Fund (IMF) Managing Director Kristalina Georgieva at an United Nation event on financing for development in the ear of the Covid-10 pandemic....
First Semi-submersible Floating Wind Farm Sets Sail
(Repsol, 28.May.2020) — The WindFloat Atlantic project is taking one of the final steps towards becoming fully operational. The last of the three pre-assembled wind turbine platforms making up the...
FBI Probes Firms Over Venezuela Oil Trading
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. Treasury Department inquiry into possible...
Nynas Exits US Sanctions
(Nynas, 12.May.2020) — The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a...
France’s Total Adopts A New Climate Ambition
(Total, 5.May.2020) — Total announces today its ambition to get to net-zero emissions by 2050 together with society for its global business across its production and energy products used by...
Aker Solutions ASA: First Quarter Results 2020
(Aker, 30.Apr.2020) — Aker Solutions reported first-quarter revenue of NOK 6.5 billion, a decline of 10 percent compared with the first quarter 2019, as the impact of the COVID-19 outbreak...
Repsol Launches Solmatch
(Repsol, 30.Apr.2020) — Repsol has launched Solmatch, the first large solar community in Spain, as part of its commitment to offering different supply alternatives to its customers. This product is...
LNG Continues Enhancing Global Energy Security: IGU
(IGU, 27.Apr.2020) — The International Gas Union (IGU) is pleased to launch its annual LNG report for 2020. The comprehensive analysis highlights all the material changes in the global LNG...
Core Lab Reports 1Q:20 Results
(Core Lab, 22.Apr.2020) — Core Laboratories N.V. reported that continuing operations resulted in first quarter 2020 revenue of $152,400,000. The financial results for the first quarter of 2020 include a...
Saudi OSPs For Oil Exports Bode Well For Asian Refiners
(WoodMac, 16.Apr.2020) — On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia's crude export...
Wärtsilä Awarded LatAm Power Plant EPC Contracts
(Wärtsilä Corp., 15.Apr.2020) — The technology group Wärtsilä has been awarded full engineering, procurement, and construction (EPC) contracts for two power plants in Latin America. Wärtsilä will also operate and...
OPEC And Non-OPEC To Cut Output By 9.7 MMb/d
(OPEC, 12.Apr.2020) — The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman,...
Collapsing Demand Sets Terms In OPEC+ Battle
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil...
WoodMac On OPEC+ Production Plan
(WoodMac, 9.Apr.2020) — As OPEC+ agreed at cut of 10 million b/d, WoodMac’s Ann-Louise Hittle said: “A 10 million b/d cut would be very supportive of price over the second...
Brief Intro Remarks By OPEC Secretary General
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via webinar. Excellencies, Over the course...
COP’s Exploration Strategy From Norway To Argentina
(ConocoPhillips, 30.Mar.2020) — ConocoPhillips’ exploration strategy emphasized flexibility and discovering new barrels accretive to its existing portfolio. The company’s 2019 exploration focused on select business units: Alaska, Lower 48, Canada,...
Nynas Applies For Company Reorganization
(Nynas, 12.Mar.2019) — Nynas AB (publ) has today filed for company reorganisation at Södertörn's District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due...
Ecopetrol Restricts Travel To Asia And Europe
(Reuters, 2.Mar.2020) — Colombia’s state-run oil company Ecopetrol SA placed restrictions on business travel to all Asian and European countries on Monday in response to the coronavirus outbreak, its chief...
LONGi Inaugurates 191MW Pachamama PV Power Plant
(LONGi Solar, 25.Feb.2020) — Invested by French solar energy firm Neoen, the Pachamama photovoltaic power plant, located in the state of Aguascalientes in central Mexico, has a total installed capacity...
Looney’s New Course For BP With Climate Targets
(WoodMac, 12.Feb.2020) — Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor...
Petrobras On Collective Action In The Netherlands
(Petrobras, 29.Jan.2020) — Petrobras, further to the press release dated September 19, 2018, announces that the District Court of Rotterdam (the Court) today considered some issues and asked additional questions...
Apache And Total Report Significant Oil Discovery Offshore Suriname
(Apache, 7.Jan.2020) — Apache Corporation and Total S.A. announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58. The well was drilled using the...
Mann+Hummel Sells Mann+Hummel Fluid Brasil
(Mann+Hummel, 6.Jan.2020) — On 31 December 2019, the former CEO of Mann+Hummel Fluid Brasil, Luis Guilherme Pozzani da Rocha, officially signed the 100 percent purchase document of the company. The...
WindFloat Atlantic Project Supplies Energy To Portugal
(WindFloat, 2.Jan.2020) — WindFloat Atlantic wind farm is now operational. After the energisation of the 20-km cable connecting the offshore wind farm and the substation of Viana do Castello, the...
Apache Stock Jumps On Suriname JV
(Zacks, 24.Dec.2019) — Shares of Apache Corporation rallied more than 17% in yesterday’s trading, hitting an all-time high among the S&P 500 components, after the energy explorer teamed up with...
British Firms Among Bidders For Petrobras Oilfields
(Reuters, 19.Dec.2019) — Anglo-French firm Perenco, UK-based Trident Energy and Premier Oil Plc are among the companies examining the purchase of a cluster of Petrobras oilfields in Brazil known as...
S&P Releases 2020 Energy Outlook
(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy markets, today released their 2020...
Petrobras Plans $34bn In Dividends
(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it cuts debt and sells assets...
Petrobras Host Investor Day In NYC
(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York City on Dec. 4, which...
COP25: Developing world Still Paying
(Asia Times, Vijay Prashad, 3.Dec.2019) — On Monday in Madrid, the 2019 UN Climate Change Conference – known as COP25 – began. Representatives of the world’s countries gathered to discuss...
JinkoSolar Supplies Almelo Project In The Netherlands
(JinkoSolar, 3.Dec.2019) — JinkoSolar Holding Co., Ltd.’s affiliate has supplied approximately 40 MW of its ultra-high efficiency Cheetah HC 60 solar modules to Obton, one of the leading global developers...
UN Secretary Chief Guterres: “Point Of No-Return Hurtling Towards Us”
(Energy Analytics Institute, Aaron Simonsky, 1.Dec.2019) — UN Secretary-General António Guterres addressed the media in a press briefing one day ahead of the COP25 2019 to be held in Madrid,...
Equinor Says Brazil ‘Hotspot’ Of Int’l Efforts
(Reuters, 26.Nov.2019) — Norway's Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a "hotspot" of its international efforts, the...
JinkoSolar To Supply 950MW To X-ELIO
(JinkoSolar, 26.Nov.2019) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced it has delivered to X-ELIO, a leading company dedicated...
Valaris Announces New Contract Awards
(Valaris, 25.Nov.2019) — Valaris plc announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet status report dated October 25,...
Höegh LNG Updates On Colombia, Other Ops
(Höegh LNG, 21.Nov.2019) — Höegh LNG Partners LP provided its quarterly outlook for the LNG market with details on its operations in Cartagena, Colombia. A subsidiary of the Partnership, as...
Trinidad Gas Gap To Claim More Industries
(Argus, Lucien Chauvin, 18.Nov.2019) — Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director...
Venezuela Using Invisible Oil Tankers To Skirt Sanctions
(Oilprice.com, Irina Slav, 16.Nov.2019) — U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government of Nicolas Maduro from power,...
BPTT Reports Ginder Gas Find
(BPTT, 15.Nov.2019) — BP Trinidad & Tobago (BPTT) today announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well is expected to be...
Rosneft Head Sechin Attends BRICS Summit In Brazil
(Rosneft, 15.Nov.2019) — During the visit of the President of the Russian Federation Vladimir Putin to the BRICS summit in Brazil, the Chief Executive Officer of PJSC Rosneft Oil Company...