(Forbes, 2.Dec.2022) — A video that state-owned oil giant Petróleos de Venezuela posted to its Twitter feed this week shows a jovial meeting between Oil […]
Category: North America
North America energy
Chevron unlikely to invest more in Venezuela in short term
(Reuters, 1.Dec.2022, Words: 380) — Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S. license to […]
Welligence: Venezuela Sanctions Update
(Welligence, 1.Dec.2022) — Chevron Corporation has recently secured a license to renew limited operations within the country and source critical inputs necessary for processing crude, […]
INEOS Inks Deal for 1.4 mtpa LNG from Sempra Infrastructure
(INEOS, 1.Dec.2022) — INEOS signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 million tonnes per annum (mtpa) of Liquified Natural […]
Sempra Infrastructure Inks SPA with INEOS for Port Arthur LNG Phase 1
(Sempra, 1.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), entered into a long-term sale and purchase agreement (SPA) with INEOS, for the supply […]
Maduro Says Granting US Licenses to Chevron ‘Not Enough’
(Anadolu Agency, 1.Dec.2022) — Venezuelan President Nicolas Maduro said Wednesday that licenses and authorizations granted so far by the US to ease sanctions it imposed […]
Eased US Sanctions on Venezuelan Oil Provide Weak Supply Boost
(FT.com, 30.Nov.2022) — The ports of the US Gulf of Mexico coast will soon resume shipments that have been absent for more than three years: […]
Energy Analytics Institute’s NRGBriefs: November 2022
(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching […]
Maduro Calls for ‘Complete Lifting’ of Oil Sanctions
(AFP, 30.Nov.2022) — Venezuelan President Nicolas Maduro said the easing of an oil embargo on his country by the United States was not enough, and […]
Global Deepwater Production to Increase 60% by 2030: WoodMac
(WoodMac, 29.Nov.2022) — Global deepwater production will increase 60% by 2030, reaching 17 million barrels of oil equivalent per day (boe/d), according to a new […]
US State Department: Joint Statement on Venezuela Negotiations
(US Department of State, 26.Nov.2022) — The following statement was released by Secretary of State Antony J. Blinken, the EU High Representative for Foreign Affairs […]
US Eases Venezuela Oil Sanctions After Gov’t, Opposition Ink Deal
(Al Jazeera, 26.Nov.2022) — The Biden administration on Saturday eased some oil sanctions on Venezuela after the government of Nicolas Maduro and the opposition signed […]
Chevron Can Resume Key Role in Venezuela’s Oil Output
(Reuters, 26.Nov.2022) — Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring […]
US Prepared to Authorize Chevron to Boost Venezuela’s Oil Output
(Reuters, 23.Nov.2022) — Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading its oil once the Venezuelan government and […]
Sempra Announces Strategic Partnership with ConocoPhillips for Port Arthur LNG
(Sempra, 22.Nov.2022) — Sempra (NYSE: SRE) (BMV: SRE) announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have executed a 20-year Sale and Purchase Agreement (SPA) for […]
Waiving a Law May Help New England Get Easier Access to NatGas
(Connecticut Public Radio, 21.Nov.2022) — On Oct. 27, Eversource Energy President and CEO, Joe Nolan, wrote a letter to President Joe Biden warning him of […]
Janet L. Yellen on Election of IADB President
(US Treasury, 20.Nov.2022) — Statement by Secretary of the Treasury Janet L. Yellen on Election of the President of the Inter-American Development Bank. On behalf […]
NextEra Energy to Acquire 1,080-MW Net Interest in Portfolio
(NextEra, 18.Nov.2022) — NextEra Energy Partners, LP (NYSE: NEP) has entered into an agreement with subsidiaries of NextEra Energy Resources, LLC to acquire a 49% interest […]
Freeport LNG Updates on Restart of Liquefaction Facility
(Freeport LNG, 18.Nov.2022) — Freeport LNG Development, L.P. provided an update on the ongoing reconstruction and resumption of operations at its natural gas liquefaction and […]
Simon Bolivar Foundation Support Health Programs for Venezuelan, Other Migrants
(Simón Bolívar Foundation Inc., 17.Nov.2022) — Simón Bolívar Foundation Inc., the 501(c)(3) nonprofit private foundation of Citgo Petroleum Corporation, is awarding up to $1.68mn in grant funding […]
Chevron to Acquire Full Ownership of Beyond6 CNG Fueling Network
(Chevron, 17.Nov.2022) — Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today it signed a definitive agreement to acquire full ownership of […]
Earthquake in Texas Oil Country Highlights Environmental Concerns
(Barrons, 16.Nov.2022) — A 5.3 magnitude earthquake hit a key oil basin in West Texas on Wednesday afternoon, and was strong enough to be felt […]
DENSO Announces North America Energy Policy Statement
(DENSO, 16.Nov.2022) — DENSO, a mobility supplier, has created a North America Energy Policy Statement as part of its efforts to contribute to a green […]
Nucor Joining the UNs 24/7 Carbon-Free Energy Global Compact
(Nucor, 15.Nov.2022) — Nucor Corporation (NYSE: NUE) is joining the United Nations 24/7 Carbon-Free Energy Global Compact (“Compact”). Nucor is the first major industrial company to […]
IDB and IDB Invest Provided $26bn in Climate Financing over Five Years
(IDB, 14.Nov.2022) — The Inter-American Development Bank (IDB) and IDB Invest, the IDB Group‘s private-sector arm, provided more than $26bn in climate financing for Latin America and the Caribbean between 2016 […]
Holland & Knight Strengthens its Global Energy Practice
(Holland & Knight, 14.Nov.2022) — Holland & Knight announced a nationally recognized team of nine partners with extensive experience in the energy industry have joined the […]
ENGIE Energy to Establish New Class of Technology-based Carbon Credits
(ENGIE Energy Marketing, 11.Nov.2022) — ENGIE Energy Marketing NA, Inc (EEMNA), a subsidiary of ENGIE North America, announces it will develop a framework and marketing […]
Citgo Announces 3Q:22 Financial Results
(Citgo, 10.Nov.2022) — Citgo Petroleum Corporation reported 2022 third quarter net income of $477mn and EBITDA of $804mn, compared to net income of $1.29bn and EBITDA of $1.86bn in the second quarter of […]
Citgo Holdings Offers to Acquire up to $237.4mn of its Senior Notes Due 2024
(Citgo, 10.Nov.2022) — Citgo Holding, Inc., a Delaware corporation, announced its offer to purchasefor cash an aggregate principal amount of up to $237.391mn (the “Excess Cash Flow Offer […]
Maxeon Solar Technologies Reveals 3Q:22 Financial Results
(Maxeon Solar, 10.Nov.2022) — Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) announced its financial results for the third quarter ended 2 October 2022. Maxeon’s Interim Chief Executive Officer Mark […]
Vermilion Energy Announces Third Quarter Results
(Vermilion Enegy, 9.Nov.2022) — Vermilion Energy Inc. (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months […]
Occidental Reveals 3Q:22 Results
(Oxy, 8.Nov.2022) — Occidental (NYSE: OXY) announced net income attributable to common stockholders for the third quarter of 2022 of $2.5bn, or $2.52 per diluted […]
Sandstorm Gold Royalties Reveals Record 3Q:22 Results
(Sandstorm, 7.Nov.2022) — Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) has released its results for the third quarter ended 30 September 2022 (all figures in U.S. dollars). […]
AES Sees FY:22 Adj. EPS at or Near High End of Guidance Range
(AES, 4.Nov.2022) — The AES Corporation (NYSE: AES) today reported financial results for the quarter ended September 30, 2022. “With our strong year-to-date performance, we now expect […]
Enel Américas S.A. to File Form 15F with the US SEC
(Enel Américas S.A., 2.Nov.2022) — Enel Américas S.A. intends to file Form 15F with the U.S. Securities and Exchange Commission (SEC) today to voluntarily deregister […]
QatarEnergy and ExxonMobil to Independently Market Golden Pass LNG
(ExxonMobil, 27.Oct.2022) — QatarEnergy and ExxonMobil agreed to independently market LNG produced at their joint venture Golden Pass LNG Terminal in Sabine Pass, Texas. By […]
Who’s to Blame for Exorbitant Natural Gas Prices in Europe?
(Baker Institute, 26.Oct.2022) — Prices of natural gas in Europe have skyrocketed to levels scarcely seen before 2021. European governments, especially those soon up for […]
Hess Reports Estimated 3Q:22 Results
(Hess, 26.Oct.2022) — Hess Corporation (NYSE: HES) reported net income of $515mn, or $1.67 per common share, in the third quarter of 2022, compared with […]
U.N. Could Administer Over $3bn in Funds to Aid Venezuela
(Reuters, 25.Oct.2022) — Top officials from the U.S. State and Treasury departments are discussing proposals for a fund that could release over $3 billion to […]
Schlumberger Becomes SLB, a Technology Company
(Schlumberger, 24.Oct.2022) — Schlumberger (NYSE: SLB) announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s […]
Washington Eyes Oil Deal with Maduro Regime: Rystad Energy
(Rystad, 24.Oct.2022) — As the supply side of the oil business continues to tighten globally, calls within the US to ease sanctions on what was […]
Schlumberger Reveals 3Q:22 Operating, Financial Results
(Schlumberger, 21.Oct.2022) — Schlumberger Limited (NYSE: SLB) announced results for the third-quarter 2022. ____________________
ExxonMobil to Divest Billings Refinery to Par Pacific Holdings
(ExxonMobil, 20.Oct.2022) — ExxonMobil and its affiliates have reached an agreement with Par Pacific Holdings for the sale of the Billings refinery and select midstream […]
Schlumberger and RTI to Accelerate Carbon Capture Technology
(Schlumberger, 17.Oct.2022) — Schlumberger entered into an agreement with RTI International, a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous […]
Uranium Energy Completes Acquisition of Uranium Project From Rio Tinto
(Uranium Energy, 17.Oct.2022) — Uranium Energy Corp (NYSE American: UEC) completed its previously announced acquisition of the Roughrider uranium development project located in the Athabasca […]
2022 Default Tally Inches Past Year-To-Date 2021
(S&P Global Ratings, 17.Oct.2022) — After a slow start to the year, the global corporate default tally reached 61 in 2022–one higher than in year-to-date […]
Enhancing the US-UK Sanctions Partnership
(US Treasury, 17.Oct.2022) — As Directors of two of the world’s leading financial sanctions implementation authorities, we are committed to our close working relationship. As […]
Citgo Participates in Illinois Chamber Future of Energy Panel
(Citgo, 12.Oct.2022) — Citgo Vice President of Strategic and Corporate Planning Balvy Bhogal-Mitro took part in a world-class panel discussion on the Future of Energy at the Illinois Chamber […]
TGI Reveals Partial Tender Offer Results
(TGI, 11.Oct.2022) — Transportadora de Gas Internacional S.A. E.S.P. announced early tender results in connection with its previously announced partial cash tender offer for up […]
NGC Inks PSA with Gulf Coast Methanol 1
(NGC, 11.Oct.2022) — NGC Petrochemicals Limited (NPL), a subsidiary of The National Gas Company of Trinidad and Tobago Limited (NGC), completed negotiations with Gulf Coast Methanol 1, […]