HOUSTON, TEXAS (By editors at Energy Analytics Institute, 11.Dec.2024, Words: 238) — GreenPower Motor Company Inc. received a follow-on order for 10 EV Star Cab & Chassis from Transportation Commodities Inc. (TCI). TCI will upfit the EV Star Cab & Chassis with a body that meets the needs of their […]
Category: North America
North America energy
DCPS Debuts 23 New Electric School Buses in Florida
(Chad Archey, Energy Analytics Institute, 10.Dec.2024) — Dixie County Public Schools (DCPS) announced the deployment of 23 new electric school buses, making it one of the largest electric school bus fleets in Florida. DCPS has acquired 23 brand-new electric buses to replace a portion of its existing fleet of 37 […]
Low Carbon Building Inaugurated in Ontario
(Energy Analytics Institute, 10.Dec.2024) — CarbiCrete CEO Jacob Homiller was joined on 6 Dec. 2024 by Aecon‘s Senior Advisor, Sustainability and Environment ClĂ©ment Boisselier, and Innocon Technical Performance and Data Transformation Manager Nashat Andraws for a ribbon-cutting ceremony at Aecon’s Innovation and Training Centre in Holland Landing, Ontario. The event marked […]
Shell Awards Sparta Contract to GATE Energy
(Steve Stewart, Energy Analytics Institute, 9.Dec.2024) — GATE Energy has been awarded the commissioning management and execution contract from Shell Offshore, Inc. for the Sparta semi-submersible project. “The all-electric topside compression technology represents a significant step forward for sustainability in offshore operations, and we look forward to ensuring its successful […]
QatarEnergy CEO Al-Kaabi on US-Qatari Friendship, Golden Pass LNG
(QatarEnergy, 7.Dec.2024) — His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said Qatar stands in total support of the concept of the European Union’s (EU) Corporate Sustainability Due Diligence Directive (CS3D), and of the desire to protect and uphold […]
Energy Transfer Reaches $2.7bn FID on Hugh Brinson Permian Pipeline
(Energy Analytics Institute, 6.Dec.2024) — Dallas-based Energy Transfer LP reached a positive $2.7bn final investment decision (FID) for the construction, in two phases, of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs. The project is backed by long-term, fee-based commitments with strong investment […]
Höegh Evi Transfers Ownership of FSRU Independence to KN Energies
(Energy Analytics Institute, 6.Dec.2024) — Höegh Evi officially transferred ownership of the floating storage and regasification unit (FSRU) Independence to KN Energies and the Republic of Lithuania. The transfer marks a significant milestone in the nation’s energy development. The FSRU was commissioned by Lithuania in 2014 and was engineered with […]
LatAm NRG matters: USMCA review slated for 2026, Mexico US piped-gas imports
MEXICO CITY, MEXICO (By Energy Analytics Institute, 6.Dec.2024, Words: 652) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 6 Dec. 2024. —Argentina: The Minister of Energy of NeuquĂ©n met w/ large oil cos. to advance the infrastructure agenda for the Vaca Muerta shale formation […]
Houston-based NASA Continues with Space Exploration
(NASA, 6.Dec.2024) — With a look back at 2024, NASA is celebrating its many innovative and inspiring accomplishments this year including for the first time, landing new science and technology on the Moon with an American company, pushing the boundaries of exploration by launching a new mission to study Jupiter’s […]
CryoSys Eyes 7.2 mtpa Export Facility on Texas Gulf Coast
(Energy Analytics Institute, 5.Dec.2024) — CryoSys LLC entered into an deal with PIC Americas to deliver advanced pretreatment and liquefaction solutions to PIC Americas planned development of a liquefied natural gas (LNG) export facility with a minimum export capacity of 7.2 million tonnes per annum (mtpa). The facility is designed […]
Mitsubishi Invests in Heirloom’s Carbon Technologies
(Energy Analytics Institute, 5.Dec.2024) — Mitsubishi Corporation made a significant investment in Heirloom Carbon Technologies, Inc. and a Direct Air Capture (DAC) facility. The announcements comes as Heirloom completed its＄150mn fundraising round. This strategic investment reflects Mitsubishi’s commitment to exploring direct participation in future DAC projects being developed by Heirloom, […]
Chevron Eyes Capex of $14.5bn-$15.5bn in 2025
(Energy Analytics Institute, 5.Dec.2024) — Chevron Corporation eyes organic capital expenditure (Capex) of between $14.5bn-$15.5bn for its consolidated subsidiaries in 2025. In terms of affiliate Capex, the company eyes between $1.7bn-$2bn in 2025. The California-based company’s 2025 Capex and affiliate Capex represent a $2bn year-over-year reduction, the company announced 5 […]
Urano Finishes Purchase of Uranium Properties in the US
(Urano, 5.Dec.2024) — Urano Energy Corp. completed the acquisition of fifteen uranium properties. The properties, with a total of 345 claims covering 8,200 acres, or 33 km2, are situated within the Colorado Plateau geological region within the states of Utah and Colorado. Fourteen of these properties have a history of […]
Producers Midstream II Secures $400mn from Various BanksÂ
(Energy Analytics Institute, 4.Dec.2024) — Producers Midstream II, LLC has secured an expanded $400mn credit facility led by Texas Capital Bank, Bank of Oklahoma, Cadence Bank, US Bank, and Wells Fargo Bank. The credit facility will provide ample capacity to fund development projects across both their existing asset base in […]
TotalEnergies to Divest 50% of Texas Renewable Portfolio
(Ian Silverman, Energy Analytics Institute, 4.Dec.2024) — TotalEnergies signed an agreement with funds managed by Apollo related to the divestment of 50% of a project portfolio comprising of 2 GW of solar and battery energy storage systems (BESS) in Texas. The deal will provide TotalEnergies with $800mn in cash. This […]
Solar Magazine Names Escalante Solar Project of the Year
(Energy Analytics Institute, 4.Dec.2024) — Escalante Solar has been named Solar Project of the Year Over 10 MW by Solar Builder Magazine. The annual project of the year awards celebrate the work of construction teams and installers, the creativity of engineers, the leadership of developers and the dedication of so […]
Pacolet Buys 15 MW Anderson Wind Farm in New Mexico
(Energy Analytics Institute, 4.Dec.2024) — Pacolet Milliken, LLC acquired 100% of Anderson Wind Farm from an affiliate of Goldman Sachs Asset Management. Anderson is a 14.95 MW, 8 turbine wind farm in Chaves County, New Mexico. The terms of the transaction were not disclosed, Pacolet, a sustainability-focused, family-owned investment firm, said […]
Enbridge Reveals 2025 Guidance, 3% Dividend Increase
(Energy Analytics Institute, 3.Dec.2024) — Calgary, Alberta-based Enbridge Inc. revealed its 2025 financial guidance and an annualized common share dividend increase from C$3.66 to C$3.77 Canadian dollar per share, or 3.0%, effective 1 Mar. 2025. “Global oil consumption has rebounded to all-time highs and increasing natural gas demand is being […]
WoodMac: More US LNG Needed in Asia to Slow Coal Demand
(WoodMac, 3.Dec.2024) — Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new study by data and analytics company Wood Mackenzie has shown. The study, commissioned by the Asia Natural Gas and […]
EAI’s NRGBriefs Nov.2024: GranMorgu iEPCI, Sempra PALNG1, Energy Transfer ammonia hub
HOUSTON, TEXAS (Energy Analytics Institute, 30.Nov.2024) — Energy briefs as well as others related to finance and projects during Nov. 2024 including Woodside Energy saying work on its Trion project offshore Mexico is 15% complete; TechnipFMC being awarded a major iEPCI contract by TotalEnergies for the GranMorgu project on Block […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024
(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put Metrogas up on the auction blk, various local media outlets in Argentina report. —Argentina: YPF plans to merge its Argentina LNG project w/ rival’s venture, […]
The Montney: A Rising Star in North American Energy
HOUSTON, TEXAS (Energy Analytics Institute, 29.Nov.2024) — The Montney Shale, nestled within Canada’s Western Canada Sedimentary Basin (WCSB), is emerging as a key player in North America’s unconventional oil and gas sector. This prolific resource has long been a cornerstone for Canadian energy giants—ARC Resources, Canadian Natural Resources Limited (CNRL) […]
Ecopetrol Eyes Investing 24tn-28tn Pesos in 2025
(Ecopetrol, 29.Nov.2024) — Ecopetrol S.A. announces that the Board of Directors approved the annual investment budget of the Ecopetrol Group for 2025 for an amount between 24tn and 28tn Colombian pesos, in line with the strategy, this annual budget increases investment levels compared to 2024, under capital discipline criteria and […]
Trump’s 25% tariff to impact GM, Stellantis and Ford
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 27.Nov.2024) — A plan by US president-elect Donald Trump to impose a 25% tariff on Mexican imports into the US would impact three key US automakers — GM, Stellantis and Ford — and result in a massive loss of employment, Mexico’s […]
Aikido on First Floating Offshore Wind Platform
(Energy Analytics Institute, 26.Nov.2024) — Aikido Technologies, Inc., a floating offshore wind technology provider, announced that Chet Morrison Contractors, LLC has completed the fabrication of the Aikido One platform. Morrison, on behalf of Aikido, has performed the final structural assembly of the platform in less than 40 working hours, establishing […]
Sheinbaum Responds to Trump, Comments on Tariff War
(Pietro D. Pitts, Energy Analytics Institute, 26.Nov.2024) — Mexico’s President Claudia Sheinbaum Pardo responded to accusations made by US president-elect Donald Trump about Mexico regarding immigration and fentanyl trafficking. She also responding to Trump’s threats to impose 25% tariffs on imports from Mexico, as well as Canada, while also warning […]
$2mn Carbon Investment Supports Family Ranch in Montana
(The Climate Trust, 25.Nov.2024) — The Climate Trust, a carbon market nonprofit, finalized a $2mn investment alongside Inlandsis Fund, a carbon finance fund, in a pair of grassland conservation carbon projects that span nearly 38,000 acres in Southeast Montana. The investment provides critical funding to support ongoing ranch management activities, […]
Rivian Receives Conditional Commitment for up to $6.6bn
(Rivian, 25.Nov.2024) — American all-electric automaker Rivian Automotive received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6bn (including $6bn of principal and approximately $600mn of capitalized interest) to accelerate its growth and leadership of electric vehicle […]
Plus Power Battery Project Wins New Mexico Award
(Plus Power, 25.Nov.2024) — Plus Power announced that its 150 MW / 600 MWh Corazon Energy Storage project was awarded a 20-year contract by Public Service Company of New Mexico (PNM), subject to regulatory approvals, in response to the utility’s 2026-2028 Generation Resources Request for Proposals. The RFP was issued in […]
Mexico Alters its Laws and Removes Chinese Parts
(AP, 23.Nov.2024) — Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and officials here are afraid a re-elected Donald Trump or politically struggling Canadian Prime Minister Justin Trudeau could try to leave their country out of the […]
ConocoPhillips Completes its Purchase of Marathon Oil
(Energy Analytics Institute, 22.Nov.2024) — ConocoPhillips completed its acquisition of Marathon Oil Corporation. “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework,” ConocoPhillips chairman and CEO Ryan Lance said 22 Nov. 2024 in an […]
Coterra Rides Permian Consolidation Wave
(East Daley Analytics, 22.Nov.2024) — Coterra Energy (CTRA) is expanding its foothold in the northern Delaware Basin, acquiring assets of Franklin Mountain Energy and Avant Natural Resources in separate agreements valued at $3.95bn. The two deals could put up to 4 rigs in play for midstream companies serving the producers, […]
Southern Power Reveals Expansion at Millers Branch Solar Facility in Texas
(Energy Analytics Institute, 21.Nov.2024) — Southern Company subsidiary Southern Power announced an additional expansion of its 29th solar project — Millers Branch Solar Facility. The Phase III expansion will account for an added 132-megawatts (MW) from the previous Phase I and Phase II expansion of 200 MW and 180 MW respectively. […]
Pennybacker Closes Purchase Miami LNG Business from New Fortress
(Aaron Simonsky, Energy Analytics Institute, 21.Nov.2024) — Pennybacker Capital Management, LLC, a real assets investment manager, completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy. The Miami LNG business is a strategically located liquefaction operation, equipped with one […]
Henry Hub, JKM and TTF Inch Higher
(Energy Analytics Institute, 21.Nov.2024) — The Henry Hub spot price rose 24 cents to $2.34 per million British thermal units (MMBtu) on 20 Nov. 2024 compared to $2.10/MMBtu on 13 Nov. 2024, according to the US-based Energy Information Administration (EIA). The weekly average front-month futures prices for liquefied natural gas […]
“LatAmNRG matters” podcast: Roberto Salinas LeĂłn on narco candidates, El Chapo [audio]
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 20.Nov.2024, Words: 148) — Mexico Business Forum head Roberto Salinas LeĂłn spoke with Pietro D. Pitts—for his Podcast “LatAmNRG Matters”—about Mexico: US-Mexico bilateral trade, the USMCA, El Chapo, a good and bad PetrĂłleos Mexicanos (Pemex), Pemex being the equivalent to a […]
Generation Mining Completes Optimization Work
(Generation Mining, 20.Nov.2024) — Generation Mining Limited provided an update on the project optimization work previously announced on 6 Jun. 20242 on the Marathon Palladium-Copper Project in Northwestern Ontario. The optimization work focused on two key aspects: (1) optimization of the mine plan to maximize metal production and defer waste […]
Fact sheet: $18.4bn Rio Grande LNG project and headwinds
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 20.Nov.2024, Words: 250) — Rio Grande LNG (RGLNG) is a LNG export facility located in Brownsville, Texas. At full development RGLNG is expected to deliver 27 million metric tonnes per annum (MTPA) of LNG. The RGLNG proposal will supply a more sustainable […]
ATCO and CPKC Finish Construction of Hydrogen Stations in Alberta
(CPKC, 20.Nov.2024) — Canadian Pacific Kansas City (CPKC) and ATCO EnPower, a division of Canadian Utilities Limited said construction of hydrogen production and refuelling facilities in Calgary and in Edmonton is now complete and the facilities are fully operational. As part of its innovative Hydrogen Locomotive Program, CPKC is retrofitting a […]
Amerlux Edges Toward Net Zero with Rooftop Solar Panel Project
(Amerlux, 20.Nov.2024) — Amerlux, a Delta Group company with design and manufacturing expertise in performance-grade lighting, announced it would install a 1.525 MW rooftop solar system at its global headquarters and manufacturing facility. This initiative underscores Amerlux’s commitment to achieving Net Zero Energy and leadership in sustainable lighting in the […]
LG Chem and ExxonMobil Ink MOU for Lithium Offtake
(Energy Analytics Institute, 20.Nov.2024) — ExxonMobil Corporation and LG Chem inked a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. ExxonMobil will source the lithium from a planned US project that will eventually supply LG Chem’s cathode plant in […]
Viridien Expands Industrial Cloud to US market
(Energy Analytics Institute, 19.Nov.2024) — Viridien launched its industrial Viridien Cloud for AI and HPC production at SuperComputing 2024 in the US. The launch expands on Viridien Cloud’s established success in Europe, and offers tailored cloud solutions and end-to-end expertise to optimize compute-intensive production workloads for US industries, Viridien said […]
Liberty Energy Comments on Chris Wright Appointment
(Liberty Energy, 18.Nov.2024) — Liberty Energy Inc. commented on the announcement by President-elect Donald J. Trump regarding his nomination of Mr. Chris Wright, Liberty’s Founder, Chairman of the Board, Director and Chief Executive Officer, for the position of U.S. Secretary of Energy. The appointment of Wright as Secretary of Energy […]
Enbridge Comments on Conversion Results for Series 9 Preferred Shares
(Energy Analytics Institute, 18.Nov.2024) — Calgary, Alberta-based Enbridge Inc. said none of its outstanding Cumulative Redeemable Preference Shares, Series 9 will be converted into Cumulative Redeemable Preference Shares, Series 10 on 1 Dec. 2024. After taking into account all conversion notices received from holders of its outstanding Series 9 Shares […]
MetGen and NewEnergyBlue to Create Biochemicals Refined from Agricultural Waste
(New Energy Blue, 18.Nov.2024) — NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, and MetGen, the Finnish pioneer in advanced enzymes and lignin fractionization, today began integrating their renewable technologies and business units to vigorously compete with fossil-carbon products not just […]
San Juan Basin Royalty Trust Declares No Cash Distribution for Nov. 2024
(San Juan Basin Royalty Trust, 18.Nov.2024) — Argent Trust Company, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”), reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the “Unit Holders”) due to excess production […]
Trump Picks Oil-industry CEO Chris Wright as Energy Secretary Nominee
(Reuters, 16.Nov.2024) — President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. […]
LatAm NRG matters: Mexico launches hydrocarbon sector strategy
HOUSTON, TEXAS (By Energy Analytics Institute, 15.Nov.2024, Words: 329) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. 2024. —Argentina: The Argentine govt changed the name of the Gasoducto NĂ©stor Kirchner to Gasoducto Perito Moreno.
PNM Reaches Settlement in Principle in 2025 Rate Request
(Energy Analytics Institute, 15.Nov.2024) — PNM, a wholly-owned subsidiary of TXNM Energy, filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM’s 2025 Rate Request application. In order to facilitate the completion of a comprehensive stipulation, parties filed […]
Ovintiv Inks $2.4bn to Add Core Oil-Rich Montney Assets
(Ovintiv, 14.Nov.2024) — Ovintiv Inc.entered into a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd., in an all-cash transaction valued at approximately $2.377bn (C$3.325bn). Upon closing, the acquisition will add approximately 70 MBOE/d of production (approximately 25 Mbbls/d of oil and condensate), 900 net 10,000 foot equivalent […]