(Sandstone Gold, 2.May.2024) — Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) has released its financial results for the first quarter ended 31 Mar. 2024 (all figures in U.S. dollars). […]
Category: North America
North America energy
Marathon Oil Reports 1Q:24 Results
(Marathon, 1.May.2024) — Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297mn or $0.52 per diluted share, which includes the impact of certain items not typically […]
Touchstone on Acquisition of Trinity Exploration and Production Plc
(Touchstone, 1.May.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) has reached an agreement with Trinity Exploration and Production Plc on the terms of an all-share […]
Uranium Energy on Bill to Ban Russian Uranium Imports
(Uranium Energy, 1.May.2024) — Uranium Energy Corp (NYSE American: UEC) applauds last night’s vote by the United States Senate for passing H.R. 1042, a bill to […]
Southern Power expands Millers Branch Solar Facility in Texas
(Southern Power, 1.May.2024) — Southern Power, a subsidiary of Southern Company, announced the expansion of its 29th solar project — Millers Branch Solar Facility. The […]
APA Corp. Announces 1Q:24 Financial and Operational Results
(APA Corp., 1.May.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first quarter of 2024. Key Takeaways Reported production of […]
LNG Energy Group on Results, Venezuela
(LNG Group, 30.Apr.2024) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) announced its financial and operating results for the year ended […]
Frontera on 1Q:24 Conference Call
(Frontera, 30.Apr.2024) — Frontera Energy Corporation (TSX: FEC) will release its financial and operational results for the first quarter ended 31 Mar. 2024, after markets close on 8 […]
EAI’s NRGBriefs: April 2024
(Energy Analytics Institute, 30.Apr.2024) — Energy briefs as well as others related to finance and projects during April 2024 including ExxonMobil, Hess and CNOOC announcing […]
Chevron Reveals 1Q:24 Results
(Chevron, 26.Apr.2024) — Chevron Corporation (NYSE: CVX) reported earnings of $5.5bn ($2.97/share – diluted) for first quarter 2024, compared with $6.6bn ($3.46/share – diluted) in first […]
Phillips 66 Reports 1Q24 Results, Highlights Strategic Priorities
(Phillips 66, 26.Apr.2024) — Phillips 66 (NYSE: PSX) announced first-quarter earnings of $748mn, compared with earnings of $1.3bn in the fourth quarter. Excluding special items […]
CNOOC Limited Achieves Strong Growth
(CNOOC, 25.Apr.2024) — CNOOC Limited (SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announced its operating results for the first quarter of 2024. In […]
Talos Reveals Organizational Changes
(Talos Energy, 25.Apr.2024) — Talos Energy Inc. (NYSE: TALO) announced updates to its organization that support Talos’s growth and strategic priorities and the recently closed […]
LNG Energy Inks Productive Participation Contracts in Venezuela
(LNG Energy Group, 24.Apr.2024) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) announced that its wholly-owned subsidiary, LNGEG Growth I […]
Weatherford Releases 1Q:24 Financial, Operational Results
(Weatherford, 24.Apr.2024) — Weatherford International plc (NASDAQ: WFRD) announced its results for the first quarter of 2024 and operational updates from Oman, the U.S. Gulf […]
Billionaire Texas Oilman Inks Deal with PDVSA as US Sanctions Loom
(AP, 24.Apr.2024) — A company started by a Texas billionaire oilman announced a deal Wednesday with Venezuela’s state-owned oil company to rehabilitate five aging oil […]
Potential Sour Crude Deficit Looming in the Gulf
(BTU Analytics, 23.Apr.2024) — Historically, more than half of Mexico’s heavy sour crude oil exports, mostly Maya blend, end up in the U.S., which is […]
FERC to Allow Venture Global to Introduce Hazardous Flies to Gas Gate
(Energy Analytics Institute, 23.Apr.2024) — The Federal Energy Regulatory Commission (FERC) gave permission to Venture Global Plaquemines LNG, LLC to introduce hazardous fluids to the […]
Power Nickel Clarifies Press Release
(Power Nickel, 22.Apr.2024) — Power Nickel Inc. (TSXV: PNPN) (OTCBB: CMETF) (Frankfurt: IVV) announces that as a result of a review by the British Columbia Securities […]
Port of Corpus Christi Announces 1Q:24 Volumes
(Port of Corpus Christi, 19.Apr.2024) — The Port of Corpus Christi and its customers moved 48.9 million tons through the Corpus Christi Ship Channel in […]
Deals Show Enduring Appeal of US Gas
(Rystad Energy, 19.Apr.2024) — European companies have been cautiously adding to their upstream positions. More deals could follow. Ed Crooks examines the forces shaping the […]
US Reimposes Venezuela Oil Sanctions
(Argus, 17.Apr.2024) — The US administration today reimposed sanctions targeting Venezuela’s oil exports and energy sector investments and set a deadline of 31 May for […]
Expiration of US Oil License to Venezuela to Impose a Ceiling on Output Growth
(Reuters, 17.Apr.2024) — The expiration of the widest U.S. license so far granted to Venezuela’s oil and gas industry will put a ceiling on the South […]
June Deadline set for Citgo Auction Bids
(Argus, 17.Apr.2024) — Bidders for Citgo‘s US refining assets have until 11 June to submit offers for the company’s 805,000 b/d of refining capacity and […]
OFAC Issues GL44A to Replace GL44 in Venezuela
(Energy Analytics Institute, 17.Apr.2024) — The U.S. Office of Foreign Assets Control (OFAC) issued General License 44A, which supersedes and replaces General License 44, and […]
Negotiations Fail to Renew Venezuela Sanctions Relief License
(S&P Global, 17.Apr.2024) — A few hours before the expiration of a temporary oil and gas sanctions relief license, the governments of Venezuela and the […]
Infinium and Kinetik Reach Innovative CO2 Utilization Deal
(Infinium, 16.Apr.2024) — Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings Inc. (NYSE: KNTK) to purchase carbon dioxide (“CO2”) captured […]
KBR and GeoLith to Offer Zero-Emission Lithium Technology Globally
(KBR, 15.Apr.2024) — KBR (NYSE: KBR) has signed an alliance agreement with GeoLith SAS to offer its advanced Direct Lithium Extraction (DLE) technology, Li-Capt®. This technology enables […]
US Not to Renew Easing of Venezuela Oil Sanctions Unless Progress Made on Elections
(Reuters, 15.Apr.2024) — The U.S. will not renew a temporary license set to expire on Thursday that widely eased sanctions on Venezuela’s oil and gas […]
EQT Inks Non-Operated Asset Transaction with Equinor
(EQT, 15.Apr.2024) — EQT Corporation (NYSE: EQT) entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% […]
Equinor Swaps Onshore US Assets with EQT
(Equinor, 15.Apr.2024) — Equinor and EQT Corporation agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio for a stake […]
SLB Awarded Three Completion Contracts for Petrobras’ Buzios Field
(SLB, 15.Apr.2024) — SLB (NYSE: SLB) has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea […]
Power Nickel Closes Oversubscribed Private Placement
(Power Nickel, 12.Apr.2024) — Power Nickel Inc.(TSXV: PNPN) (OTCBB: CMETF) (Frankfurt: IVV) closed its previously announced private placement of common shares at $0.20 per common […]
Repsol Completes Construction of Frye Solar, its Largest Solar Plant in the US
(Repsol, 11.Apr.2024) — Repsol completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW […]
PetroTal Announces Q1 2024 Operations and Corporate Updates
(PetroTal, 11.Apr.2024) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the following operational, financial and corporate updates. All amounts are in US dollars […]
GoGold Reports Quarterly Production at Parral
(GoGold, 10.Apr.2024) —GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) reported production ending 31 Mar. 2024 of 375,745 silver equivalent ounces, consisting of 138,657 silver ounces, 2,184 gold ounces, 93 tonnes of […]
China Remains the Clear Energy Transition Leader
(BloombergNEF, 10.Apr.2024) — Despite posting only modest growth in 2023, China remains by far the largest market for energy transition spending, reaching $676bn in 2023, […]
APA Corp. Updates on Executive Leadership Changes
(APA Corp., 9.Apr.2024) — APA Corporation (Nasdaq: APA) announced updates to its executive leadership team to coincide with a restructuring of its development function and […]
Chevron Invests in Carbon Capture and Removal Technology Company, ION Clean Energy
(Chevron, 4.Apr.2024) — Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion […]
Venezuelan Production with US Sanctions Not Reimposed, Reimposed: Rystad
(Rystad Energy, 4.Apr.2024) — As the deadline for US sanctions relief on Venezuela ends on 18 Apr. 2024, the outlook for the South American nation’s […]
MEEI Head Young Meets with Methanex Country President Bain
(MEEI, 3.Apr.2024) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, met […]
No Sun? No Big Deal
(CMS Energy, 3.Apr.2024) — In ancient times, some thought a dragon was swallowing the sun, or that it was the end of the world. These […]
Phillips 66 Increases Quarterly Dividend
(Phillips 66, 3.Apr.2024) — The board of directors of Phillips 66 (NYSE: PSX) declared a quarterly dividend of $1.15 per share on Phillips 66 common […]
Maurizio Coratella Named McDermott EVP and COO
(McDermott, 2.Apr.2024) — McDermott announced Maurizio Coratella as Executive Vice President and Chief Operating Officer effective 1 May 2024. In his new role, Coratella will apply his more than three […]
Bendito Resources Pursues Strategic Acquisition of Mt. Hamilton Gold Project
(Bendito Resources, 2.Apr.2024) — Bendito Resources Inc. has entered into a Membership Interest Purchase Agreement with Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, […]
White House Open to Ending LNG Export Pause
(Reuters, 2.Apr.2024) — U.S. officials are open to ending President Joe Biden’s pause on approvals of liquefied natural gas exports to get a Ukraine aide […]
SLB to Buy ChampionX in an All-Stock Deal
(SLB, 2.Apr.2024) — SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. […]
Desert Mountain updates on helium plant in New Mexico
(DME, 1.Apr.2024) — Desert Mountain Energy Corp. (DME) updated its shareholders on the current operational developments in New Mexico and Arizona. From the President of […]
Phillips 66 Achieves Major Milestone in Production of Renewable Diesel
(Phillips 66, 1.Apr.2024) — Phillips 66 (NYSE: PSX) announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy […]
Noble on Changes to Share Capital Mar. 2024
(Noble, 31.Mar.2024) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) announces changes to its share capital. During the period since 29 Feb. 2024, 30,833 new A […]