(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 […]
Category: North America
North America energy
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 […]
ExxonMobil Moves Forward with Largest Renewable Diesel Facility in Canada
(ExxonMobil, 26.Jan.2023) — ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560mn to move forward with construction of the largest renewable diesel […]
Imperial to Invest Cdn$720mn in Renewable Diesel Facility
(Imperial, 26.Jan.2023) — Imperial Oil Limited (TSE: IMO, NYSE American: IMO) will further help Canada achieve its net zero goals by investing about Cdn$720mn (USD$560mn) […]
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 […]
Uranium Energy’s Technical Report for Shea Creek Project
(Uranium Energy, 12.Jan.2023) — Uranium Energy Corp (NYSE American: UEC) filed a Technical Report Summary (“TRS”) on EDGAR disclosing updated mineral resources for the company’s Shea […]
Tourmaline Oil Declares Dividend
(Tourmaline, 12.Jan.2023) — Tourmaline Oil Corp. (TSX: TOU) announced a special dividend and provide an operational and 2023 guidance update. SPECIAL DIVIDEND Tourmaline is pleased to announce […]
Horizon Petroleum to Create Europe Focused Producer
(Horizon Petroleum, 12.Jan.2023) — Horizon Petroleum Ltd. (TSXV: HPL.H) has entered into a letter of intent dated December 9, 2022 (the “LOI“) with a private European company (the […]
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 […]
Silver Viper Presents Positive G&G Survey Results at La Virginia
(Silver Viper, 12.Jan.2023) —Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) provided an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. […]
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 […]
GoldMining Inc. Announces Updated At-the-Market Equity Program
(GoldMining, 30.Dec.2022) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) has entered into an equity distribution agreement dated 30 December 2022 with a syndicate of agents, […]
B2Gold Reports Two Fatalities from Off-Site Incident in Mali
(B2Gold, 29.Dec.2022) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) deeply regrets to report that two B2Gold employees have passed away as a result of injuries sustained in […]
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 […]
Pan American Silver Files Management Information Circular
(Pan American Silver, 28.Dec.2022) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) filed the management information circular in respect of the special meeting of shareholders of […]
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 […]