USA Archives - Page 26 of 54 - Energy Analytics Institute (EAI)

W&T Offshore Closes $275mn Senior Second Lien Notes Offering

(W&T Offshore, 30.Jan.2023) — W&T Offshore, Inc. (NYSE: WTI) closed on its previously announced offering of $275mn in aggregate principal amount of 11.75% Senior Second […]

ExxonMobil Awards FEED for World’s Largest Low-carbon Hydrogen Facility

(ExxonMobil, 30.Jan.2023) — ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end […]

New Global Finds Drive Exploration to Value Creation

(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to […]

Chevron 4Q:22 Earnings Call Transcript, Buybacks and Rising Venezuela Production

(Motley Fool Transcribing, 27.Jan.2023) — Chevron Corporation’s earnings call for the period ending 31 December 2022 with Chairman and Chief Executive Officer Mike Wirth and […]

Chevron Boosts Dividend; Reveals $75bn Stock Repurchase Program

(Chevron, 25.Jan.2023) — The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, […]

Trinidad/Venezuela Dragon Gas Development Update

(Welligence Energy Analytics, 25.Jan.2023) — The U.S. Department of the Treasury has granted a license to the government of T&T to receive gas from the multi-Tcf offshore […]

US Secretary of Energy to Address CERAWeek 6-10 Mar. 2023

(CERAWeek, 25.Jan.2023) — U.S. Secretary of Energy Jennifer M. Granholm will address delegates at the 41st annual CERAWeek by S&P Global, March 6-10 in Houston. Secretary Granholm will join the […]

Halliburton Reports Strong 4Q:22 Results

(Halliburton, 24.Jan.2023) — Halliburton Company (NYSE: HAL) announced today net income of $656mn, or $0.72 per diluted share, for the fourth quarter of 2022. This […]

Rowley Says OFAC Approves Trinidad’s Development of the Dragon Field

(Office of the Prime Minister of Trinidad and Tobago, 24.Jan.2023) — As you all are aware, the United States is our major trading partner and […]

US Grants License to Trinidad to Develop Dragon Gas Field

(Reuters, 24.Jan.2023) — The U.S. Treasury Department has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial […]

Hess’ 2023 Capex Budget Favors Bakken and Stabroek

(Hess Corporation, 24.Jan.2023) — Hess Corporation (NYSE: HES) today announced a 2023 Exploration & Production capital and exploratory budget of $3.7bn, of which more than 80% will be […]

Noble Provides Operational and Financial Update

(Noble Corp. 21.Jan.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) today provides an operational and financial update for the fourth quarter of 2022 as […]

Cross Timbers Royalty Trust Declares Jan. Cash Distribution

(Cross Timbers, 20.Jan.2023) — Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the holders of […]

APA Corp. Provides 4Q:22 Supplemental Info., Schedules Conf. Call

(APA Corporation, 18.Jan.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain fourth-quarter 2022 financial and operational results. This information is intended only to […]

Volta to be Acquired by Shell USA, Inc.

(Volta, 18.Jan.2023) — Volta Inc. (NYSE: VLTA) today announced the execution of a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell […]

Eviation Announces Order From Aerus For 30 Alice All-Electric Commuter Aircraft

(Eviation, 17.Jan.2023) — Eviation Aircraft, a manufacturer of all-electric aircraft, announced that Aerus, an emerging regional airline in Mexico, has signed a Letter of Intent (LOI) for […]

US Surges to Top of LNG Exporter Ranks on Breakneck Growth

(Bloomberg, 12.Jan.2023) — The US tied Qatar as the world’s top exporter of liquefied natural gas last year, a milestone for the meteoric rise of […]

WoodMac: Key Things to Watch in Global Upstream in 2023

(WoodMac, 12.Jan.2023) — Upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets. But the challenges the industry faces […]

Montreal Protocol Emerges as Powerful Climate Treaty

(National Oceanic and Atmospheric Administration or NOAA, 11.Jan.2023) — A new report from the U.N., which includes key scientific contributions from NOAA and international partners, […]

ExxonMobil to Divest Interest in Esso Thailand

(Exxon, 11.Jan.2023) — ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution […]

Houston Texans to Purchase Carbon Removal Credits

(Oxy, 6.Jan.2023) — 1PointFive, a subsidiary of Occidental’s (NYSE: OXY) Low Carbon Ventures (OLCV) business, today announced an agreement and sponsorship with the Houston Texans […]

Exiled Venezuela Lawmakers Chosen to Lead Anti-Maduro Fight

(AP, 5.Jan.2023) — Venezuela’s opposition has selected an all-female team of mostly unknown exiled former lawmakers to replace the beleaguered Juan Guaidó as the face […]

Global LNG Represents 39% of EU Gas Imports in 2022

(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of […]

Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]

(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The […]

Trinity Gas Storage Closes Financing with Transition Equity Partners

(Trinity, 4.Jan.2023) — Trinity Gas Storage, LLC announced the closing of financing by Transition Equity Partners, LLC (TEP) to advance the development of Trinity Gas […]

New Nucor Steel Brandenburg Plate Mill Rolls First Plate

(Nucor, 3.Jan.2023) — Nucor Corporation (NYSE: NUE) announced today that the company’s new state-of-the-art steel plate mill in Brandenburg, Kentucky, rolled its first steel plate on Friday, 30 […]

Talos Achieves Successful Results from Lime Rock and Venice Prospects

(Talos, 3.Jan.2023) — Talos Energy Inc. (NYSE: TALO) today announced that the company’s Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas […]

Energy Analytics Institute’s NRGBriefs: December 2022

(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on […]

Chevron Sending Two Oil Tankers to Venezuela Under US Approval

(Reuters, 30.Dec.2022) — U.S. oil company Chevron Corp (CVX.N) is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined […]

US Offers Credit for New Qualified Clean Vehicles

(IRS, 30.Dec.2022) — If you bought and placed in service a new qualified plug-in electric vehicle (EV) or fuel cell vehicle (FCV) on 1 January […]

EDF Divests Interest in Five Wind Projects in the US

(EDF Renewables, 29.Dec.2022) — EDF Renewables North America announced today it has completed the transaction with Boralex Inc. (TSX: BLX) by which Boralex has acquired EDF Renewables’ […]

Boralex Buys 50% Stake in Five US Wind Farms

(Boralex, 29.Dec.2022) — Boralex Inc. (TSX: BLX), a leader in renewable energy, today announced it has completed the acquisition of EDF Renewables North America’s interest […]

Diesel Prices in 2023? Don’t Expect Much Relief

(Investor’s Business Day, 29.Dec.2022) — U.S. diesel prices hit all time highs in 2022 as demand surged and supplies of the critical heating and transportation […]

FACT BOX: Keystone Pipeline System [MAP]

(TC Energy, 29.Dec.2022) — The Keystone Pipeline System, stretching 4,324 km (2,687-miles) in length, plays a key role in delivering Canadian and U.S. crude oil […]

Newpark Completes Gulf of Mexico Transactions

(Newpark Resources, 28.Dec.2022) — Newpark Resources, Inc. (NYSE: NR) completed the previously announced transactions, which effectively provide for the company’s exit from the Gulf of Mexico market. The […]

November 2022 – Commentary from Dan Pickering

(Pickering Energy Partners, 28.Dec.2022) — November was a generally sidewise month for energy while the S&P500 enjoyed a bear market rally. The S&P500 gained +5.6% […]

Sempra Inks SPA with RWE for Port Arthur LNG

(Sempra Infrastructure, 28.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) […]

Talos Successfully Completes Fall Borrowing Base Redetermination

(Talos, 27.Dec.2022) — Talos Energy Inc. (NYSE: TALO) announced that its current borrowing base was reaffirmed at $1.1bn as part of its semi-annual redetermination process for the fall […]

Marathon Oil Completes Eagle Ford Acquisition

(Marathon, 27.Dec.2022) — Marathon Oil Corporation (NYSE: MRO) today announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a […]

Venture Global and Inpex Ink LNG SPA

(Venture Global, 26.Dec.2022) — Today, Venture Global LNG and Inpex Corporation announced the execution of a long-term Sales and Purchase Agreement (SPA) for the purchase […]

Biden-Harris Administration Invests Over $84mn in 36 Drought Resiliency Projects

(Bureau of Reclamation, 23.Dec.2022) — The Department of the Interior today announced a $84.7mn investment from President Biden’s Bipartisan Infrastructure Law to help 36 communities throughout the […]

Freeport LNG Updates on Restart of Liquefaction Facility

(Freeport LNG, 23.Dec.2022) — Freeport LNG today updated the timing of the initial restart of its liquefaction facility. The company continues to make notable progress […]

The Price of Energy Insecurity

(IMF, 22.Dec.2022) — Climate change is an environmental issue. It’s also clearly an economic issue, and at the heart of the economics of climate change […]

Hess Achieves CDP Climate Change Leadership Status

(Hess, 21.Dec.2022) — Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2022. Hess has earned Leadership status for 14 consecutive […]

Rubio, Risch Introduce Legislation to Strengthen US-Venezuela Policy

(Marco Rubio, 20.Dec.2022) — In response to the Biden Administration’s policy of concessions to the criminal Maduro narco-regime, U.S. Senators Marco Rubio (R-FL) and Jim […]

Uranium Energy Reports Results

(Uranium, 19.Dec.2022) — Uranium Energy Corp (NYSE American: UEC) reported, in accordance with NYSE American requirements, the filing of the company’s quarterly report on Form […]

Hess CEO to Participate in Goldman Sachs Global Conference

(Hess, 19.Dec.2022) — Hess Corporation (NYSE: HES) announced that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Global Energy and Clean […]

Phoenix Park Acquires Minnesota Terminal

(PPGPL, 16.Dec.2022) — On 13 December 2022 Phoenix Park Gas Processors Limited (PPGPL) through its wholly owned subsidiary Phoenix Park Energy Marketing LLC (PPEM), completed […]

Biden-Harris Admin Approves $750mn for Hydrogen Technologies

(US Department of Energy, 16.Dec.2022) — The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced its intent to issue $750mn in funding […]

Aquadrill Announces Charter Hire Agreement for the Vela

(Aquadrill, 15.Dec.2023) — Aquadrill LLC extended a charter hire agreement with a subsidiary of Diamond Offshore Drilling, Inc. (the “manager”) to provide the company’s Vela […]