USA Archives - Page 14 of 55 - Energy Analytics Institute (EAI)

Fitch Rates Crescent Energy’s $250mn Add-On Issue

(Fitch, 4.Sep.2024) — Fitch Ratings rates the $250mn add-on issue to Crescent Energy Finance LLC’s existing $750mn 7.375% 2033 notes, in line with Crescent’s existing […]

Permian Resources to Increase Base Dividend

(Permian Resources, 3.Sep.2024) — Permian Resources Corporation announced an update to its return of capital strategy, which increases its quarterly base dividend from $0.06 per […]

Chevron Boosts Recovery at Two Facilities in US GOM

(Chevron, 3.Sep.2024) — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. […]

Permian Resources Execs to Present at Barclays Conference

(Energy Analytics Institute, 3.Sep.2024) — Permian Resources Corporation Co-CEO Will Hickey and CFO Guy Oliphint are scheduled to present at the Barclays CEO Energy-Power Conference […]

Weatherford Acquires Datagration Solutions

(Weatherford, 3.Sep.2024) — Weatherford International plc announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as […]

Oxy, CrownRock and Ecopetrol BODs Resignations

(Ecopetrol, 3.Sep.2024) — Ecopetrol S.A. announces that the directors Juan José Echavarría and Luis Alberto Zuleta presented their resignations as independent members of the company’s […]

Fitch Sees Pickup in Permian Transactions

(Energy Analytics Institute, 30.Aug.2024) — ”Fitch believes Permian transactions could pick up again if large producers choose to shed non-core assets, following recent consolidation, to […]

Mexico Pacific inks LNG SPA with POSCO International

(Mexico Pacific, 28.Aug.2024) — Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, today announced that it has signed a […]

Major Integrated to Sell Unused Energy Assets on AllSurplus Marketplace

(Liquidity Services, 28.Aug.2024) — Liquidity Services, a global commerce company powering the circular economy, announced the sealed bid auction of energy surplus assets for a […]

A Month After Venezuela’s Contested Election, the Opposition Fights On

(The Washington Post, 27.Aug.2024) — A month ago, Venezuela’s opposition nurtured a cautious hope. A national election seemed to present a genuine chance to oust the […]

ExxonMobil Global Outlook: Our view to 2050

(ExxonMobil, 26.Aug.2024) — In 2050, the world will be different—vastly different. To meet critical needs, the world will need to increase access to reliable, affordable […]

AMLO Says North American Economic Integration Important

(Energy Analytics Institute, 26.Aug.2024) — Mexico’s President Andrés Manuel López Obrador said that the reality is that the economic integration between Mexico, U.S. and Canada […]

Exxon Sees 2050 Oil Use at Current Level, Despite Net Zero Goal

(Bloomberg, 26.Aug.2024) — Exxon Mobil Corp. forecasts global oil demand in 2050 will be the same — or even slightly higher — than current levels, […]

EVLO Puts into Operation a First Battery Energy Project in the US

(EVLO, 20.Aug.2024) — EVLO Energy Storage Inc., a fully integrated battery energy storage system (BESS) provider and wholly owned subsidiary of Hydro-Québec, today announced that […]

Petronet LNG Selects Lummus’ Novolen Technology for New, Large-Scale Plant in India

(Lummus Technology, 20.Aug.2024) — Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an award from Petronet LNG Ltd. Petronet will license […]

Fortera Secures $85mn for Deployment of Low-Carbon Cement

(Fortera, 20.Aug.2024) — To meet the growing demand to lower the cement industry’s carbon emissions, advanced materials manufacturer Fortera secured $85mn in Series C funding to scale […]

TGS Secures Extension to Ocean Bottom Node Program in GOM

(TGS, 20.Aug.2024) — TGS announced the award of an Ocean Bottom Node (OBN) data acquisition contract in North America. This four-month extension to an existing […]

FMC Submits Applications in Eight Countries for Dodhylex™ Active

(FMC, 20.Aug.2024) — FMC Corporation, an agricultural sciences company, recently submitted regulatory applications for Dodhylex™ active herbicide in eight rice-growing countries. Registration dossiers were submitted in India, Brazil, the […]

Fast LNG Asset Resumes Production After Scheduled Maintenance Outage

(New Fortress Energy, 19.Aug.2024) — New Fortress Energy Inc. announced that the scheduled maintenance outage of our 1.4 mtpa Fast LNG 1 asset located offshore […]

Oxy on Continued Progress on Debt Reduction, Divestiture Initiatives

(Oxy, 19.Aug.2024) — Occidental announced it has achieved $3bn in principal debt reduction in the third quarter of 2024, utilizing robust organic cash flow from […]

SLB and Palo Alto Networks to Strengthen Cybersecurity

(SLB, 19.Aug.2024) — Global energy technology company SLB and global cybersecurity company Palo Alto Networks announced they are expanding their collaboration to strengthen cybersecurity for […]

Fallen Angels Remain Costly Despite Tightening Spreads

(S&P Global Ratings, 19.Aug.2024) — The absolute cost of falling to speculative-grade (to ‘BB+’ from ‘BBB-‘) for U.S. corporates has shrunk considerably to 24 basis […]

US LNG Industry Under Pressure as Challenges and Uncertainty Mount

(FT.com, 17.Aug.2024) — The US liquefied natural gas industry faces mounting challenges as legal clashes with activists and contractors combine with a federal permitting freeze […]

Mexico’s First LNG Cargo Sails, Launching New Business for Pipes

(East Daley, 16.Aug.2024) — New Fortress Energy (NFE) has loaded the first cargo from its floating LNG platform offshore Altamira, Mexico. The start-up of Mexico’s […]

NASA Funds Research Projects Advancing STEM Career Development

(NASA, 14.Aug.2024) — NASA has awarded $6mn to 20 teams from emerging research institutions across the United States supporting projects that offer career development opportunities for science, technology, engineering, […]

Equinor Gets Offshore Wind Lease in US Central Atlantic Auction

(Equinor, 14.Aug.2024) — Equinor has been announced as a provisional winner in the Bureau of Ocean Energy Management’s (BOEM) offshore wind energy lease auction in the […]

Shell Invests in Water Injection at US GOM Field

(Shell, 14.Aug.2024) — Shell Offshore Inc., a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on a ‘waterflood’ project at its Vito asset […]

Ecopetrol Reveals 2Q:24 Results

(Ecopetrol, 12.Aug.2024) — During the Second Quarter of 2024 (2Q24), Ecopetrol Group confronted a challenging environment, which continues to be impacted by several external variables, including the […]

Fitch Downgrades NFE’s IDR to ‘B+’

(Fitch, 12.Aug.2024) — Fitch Ratings has downgraded New Fortress Energy Inc.’s (NFE) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘ and has placed it […]

Chevron Starts Production at Anchor in US GOM

(Chevron, 12.Aug.2024) — Chevron Corporation started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico. Anchor production marks […]

First Oil from the Anchor field in Gulf of Mexico

(TotalEnergies, 12.Aug.2024) — TotalEnergies announces the start of production from the Anchor field, located in the US Gulf of Mexico, in which the company has […]

New Fortress Reports on 2Q:24 Results, Fast LNG

(New Fortress, 9.Aug.2024) — New Fortress Energy Inc. reported its financial results for the second quarter of 2024. Summary Highlights — Adjusted EBITDA(1) of $120mn in the second […]

Rice’s Baker Institute unveils Argentina Energy Sector Initiative

(Baker Institute, 8.Aug.2024) — Rice University’s Baker Institute for Public Policy announces a new initiative focused on the Argentine energy sector that will result in […]

Rockefeller Foundation Green Power Gap

(Rockefeller, 7.Aug.2024) — The Rockefeller Foundation released a new report that calculates an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, Latin America and the Caribbean, and the Middle […]

Sempra Reports 2Q:24 Earnings

(Sempra, 6.Aug.2024) — Sempra today reported second-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $713mn, or $1.12 per diluted share, compared to second-quarter 2023 […]

Bristow Reports 2Q:24 Results, Raises Outlook

(Bristow, 6.Aug.2024) — Bristow Group Inc. reported net income attributable to the company of $28.2mn, or $0.96 per diluted share, for its quarter ended 30 June 2024 (the “Current […]

Diamond Offshore Reports 2Q:24 Results

(Diamond Offshore, 6.Aug.2024) — Diamond Offshore Drilling, Inc. reported the following results for the second quarter of 2024: Bernie Wolford, Jr., President and Chief Executive […]

Kosmos’ 2Q:24 Update on Projects from Mauritania to Senegal

(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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]