Category: North America

North America energy

NRGBriefs: ExxonMobil’s Results Call, GoldMining Appointment

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(Energy Analytics Institute, 25.Jan.2022) — Energy briefs including ExxonMobil’s results call; and GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) appointing Eric Chen as Director of Mineral Resources for the co. NORTH AMERICA US — Darren Woods, chairman and CEO; Kathy Mikells, SVP and CFO; and Stephen Littleton, Investor Relations VP and […]

Equinox Gold Says Production Increasing to 625,000 to 710,000 Ounces of Gold

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(Equinox Gold Corp, 25.Jan.2022) — Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) announces 2022 production guidance of 625,000 to 710,000 ounces of gold, increasing from 2021 production of 602,100 ounces of gold. Cost guidance includes cash costs1 of $1,080 to $1,140 per ounce and all-in-sustaining costs1,2 (“AISC”) of $1,330 to $1,415 per ounce of gold sold. Guidance does not include […]

LongPath Technologies Advances DOE-Funded Methane Mitigation

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(LongPath Technologies, 25.Jan.2022) — LongPath Technologies, Inc. is advancing its groundbreaking Basin-SCAN continuous methane monitoring and abatement technology across the Texas and New Mexico Permian Basin oil and gas fields. A year after winning a $5mn US Department of Energy (DOE) award, roughly 180 sq. mi. of the Permian Basin are being monitored […]

NRGBriefs: Steel Dynamics Reports Financial Results

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(Energy Analytics Institute, 24.Jan.2022) — Energy briefs including Steel Dynamics, Inc. (NASDAQ/GS: STLD) announcing 4Q:21 and YE:21 financial results; and New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announcing its BODs accepted the resignation of Dr. Mark Cruise as CEO and as BOD w/ New Pacific. NORTH AMERICA US — Steel […]

US Extends Citgo Protection

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(AFP, 21.Jan.2022) — The US Treasury on Thursday extended by one year a rule that shields Citgo, a US-based unit of Venezuela’s state-owned oil company PDVSA, from being seized by creditors, the department said. The Houston-based company has been controlled by parties opposed to the government of President Nicolas Maduro since […]

ExxonMobil, SABIC Start Ops at Gulf Coast Manufacturing Facility

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(Exxon, 20.Jan.2022) — ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants. The operation includes a 1.8 million metric ton per year […]

NRGBriefs: Road Blockages in Southern Bolívar Impacting Oil Production

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(Energy Analytics Institute, 20.Jan.2022) — Energy briefs including road blockages impacting gas service to at least 5,618 users in the municipalities of Cantagallo and San Pablo, in southern Bolívar department; geopolitical issues in Iran and Ukraine potentially positively impacting Venezuela; and TechnipFMC (NYSE:FTI) (PARIS:FTI) planning to issue its 4Q:21 earnings […]

Solenis Announces Global Diversity Scholarship

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(Solenis, 20.Jan.2022) — Solenis, a global producer of specialty chemicals, has launched the Global Diversity Scholarship as one element of a comprehensive diversity, equity and inclusion (DE&I) strategy. The scholarship program will help Solenis attract and retain diverse talent, an important driver of business performance. Solenis knows that a workforce representing a […]

Inspire Clean Energy to Accelerate a Carbon-Free Future

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(Inspire Clean Energy, 19.Jan.2022) — Inspire Clean Energy, a subscription-based clean energy company, has announced a partnership with GivePower, a non-profit organization that provides solar-based solutions to secure food, water and electricity for people in regions that need them most. Through a program called the Brighter World Project, Inspire, together with its members, […]

Power Equipment Buys Golden Equipment

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(Power Equipment Company, 7.Jan.2022) — Power Equipment Company acquired Golden Equipment Company, a full-service heavy equipment dealership with locations in Albuquerque, NM, Farmington, NM and Durango, CO. The acquisition bolsters Power Equipment Company’s presence in New Mexico and Southwestern Colorado with additional equipment and support solutions in the rolling stock, compact, aggregate, crane, and paving & compaction segments of […]

New GM Electric Truck Faces Competition and Sceptical Buyers

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(AP, 7.Jan.2022) — The competition among United States automakers for a still-small pool of consumers seeking electric vehicles is quickly intensifying. General Motors, normally the top-selling US automaker, officially unveiled the Chevrolet Silverado EV on Wednesday with a virtual press conference at the CES gadget show. Work truck versions go on […]

Pattern Energy Completes Construction of Historic Renewable Energy Project

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(Pattern Energy, 6.Jan.2022) — Pattern Energy Group LP completed construction and begun commercial operation of its suite of Western Spirit Wind power projects. Western Spirit Wind is comprised of four wind power facilities totaling more than 1,050 megawatts (MW) located in Guadalupe, Lincoln, and Torrance Counties in central New Mexico. U.S. Senator Martin Heinrich said, “The largest […]

NRGBriefs: Presidential Elections in Brazil and Colombia

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(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair Bolsonaro as well as Gustavo Petro and a new candidate perhaps from Iván Duque Márquez’s party respectively; Mexico’s President Andres Manuel Lopez Obrador presenting the country’s […]

Great Panther Reveals Board Changes

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(Great Panther, 28.Dec.2021) — Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) announces the resignation of David Garofalo as Director and Chair of the Board of Directors, effective immediately, in order to focus on other business commitments. Alan Hair, independent director of Great Panther, has been appointed as the new […]

CIT Provides $35.5mn to Greenyield Shipping LLC

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(CIT Group, 28.Dec.2021) — CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business provided $35.5mn to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed by Hayfin Capital Management, one of Europe’s leading alternative asset management firms, which has employed a multi-disciplined approach towards investments in the maritime sector and has […]

Talos Energy Releases 2021 ESG Report

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(Talos, 27.Dec.2021) — Talos Energy Inc. (NYSE: TALO) published its second annual environmental, social and governance (ESG) report to stakeholders, highlighting the company’s continued environmental, health and safety focus, positive impacts on communities and employees and solid governance practices. Talos has substantially increased the volume and quality of disclosures in this […]

Venture Global and CNOOC Gas & Power Announce LNG SPA

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(Venture Global, 20.Dec.2021) — Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA). This marks the first LNG supply agreement signed by a US exporter with CNOOC, China’s largest importer of LNG. […]

Höegh LNG Partners LP Advises Investors Of Lead Class Action

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(Höegh LNG, 18.Dec.2021) — Robbins Geller Rudman & Dowd LLP announces that purchasers of Höegh LNG Partners LP (NYSE: HMLP) securities between 22 August 2019 and 27 July 2021, inclusive (the “Class Period”) have until Monday, December 27, 2021 to seek appointment as lead plaintiff in Sanchez v. Höegh LNG Partners LP, No. 21-cv-19374.  Commenced on 27 October 2021 in the District […]

WoodMac: Predictions 2022

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(WoodMac, 17.Dec.2021) — Wood Mackenzie analysts offer ten predictions for key developments expected in the energy and natural resources industries in 2022. This is a time of year when it is tempting to look back. But it is usually more interesting to look forward. For the final Energy Pulse of […]

NRGBriefs: Ecopetrol Fined for Caño Cacayal Contamination

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(Energy Analytics Institute, 17.Dec.2021) — Energy briefs including Ecopetrol S.A. revealing the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. PS-GJ.1.2.6.21.2094 of 2021, imposed a fine of 20 monthly minimum wages to the co. due to the contamination of Caño Cacayal; Venezuela’s oil production set to […]

Dover Announces Two Clean Energy Acquisitions [Download]

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(Dover, 16.Dec.2021) — Dover (NYSE: DOV) completed the acquisition of Acme Cryogenics, Inc. for $295mn in cash, and that it has entered into a definitive agreement to acquire Engineered Controls International, LLC (RegO) for $631mn in cash, subject to customary purchase price adjustments. Additionally, the RegO acquisition includes tax step-up benefits with a net present […]

Bristow And Overair Form Partnership to Introduce Zero Emission eVTOL

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(Bristow, 16.Dec.2021) — Overair, Inc., developer of electric vertical take-off and landing (eVTOL) vehicles, today announced they signed a Memorandum of Understanding (MOU) with Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions to government and civil organizations. The two companies plan to collaborate on […]

Bristow Completes Move To Offshore Ops Using Sustainable Aviation Fuel

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(Bristow, 10.Dec.2021) — Bristow Group Inc. (NYSE: VTOL) completed an offshore revenue flight using sustainable aviation fuel (SAF), marking one of the first SAF-powered flights to an offshore operation in the UK Continental Shelf (UKCS). The aircraft flew from Aberdeen to installations operated by bp. As part of its strategic relationship […]

SAExploration Announces Executive Changes

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(SAExploration, 7.Dec.2021) — SAExploration Holdings, Inc. announced that Michael J. Faust, President and Chief Executive Officer, will retire from his executive positions, effective 1 January 2022. He will continue to serve on the Company’s Board of Directors and in a consulting capacity. Mike has served on the Board of Directors since 2017.  He […]

SSR Mining Reveals Acquisition of Taiga Gold

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(SSR Mining, 2.Dec.2021) — SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) and Taiga Gold Corp. (CSE: TGC) have entered into a definitive arrangement agreement whereby SSR Mining will acquire all of the issued and outstanding common shares of Taiga Gold pursuant to a plan of arrangement at a price […]

Chevron Reveals $15bn Capital and Exploratory Budget for 2022

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(Chevron, 1.Dec.2021) — Chevron Corporation (NYSE: CVX) announced a 2022 organic capital and exploratory spending program of $15bn, at the low end of its $15bn to $17bn guidance range and up more than 20% from 2021 expected levels. This capital program supports Chevron’s objective of higher returns and lower carbon, including approximately $800mn in lower carbon […]

Freepoint Eco-Systems To Build Recycling Facility In Ohio

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(Freepoint Eco-Systems, 1.Dec.2021) — Freepoint Eco-Systems LLC plans to build an advanced recycling facility in Ohio that will convert waste plastic into feedstock for use in the production of prime-quality plastic. The Ohio facility will recycle approximately 90,000 tons per year of end-of-life plastic that would otherwise be destined for […]

ExxonMobil Reveals Plans To 2027

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(Exxon, 1.Dec.2021) — ExxonMobil has finalized corporate plans, which increase spending to $15bn on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its industry-leading portfolio. The plans support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and […]

McDermott Completes Net Zero LNG Construction Study For Shell

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(McDermott, 29.Nov.2021) — McDermott recently completed a liquefied natural gas (LNG) construction study identifying tangible reduction pathways toward net-zero construction emissions on behalf of Shell Global Solutions International B.V. The results of this study provide a strategic framework for reducing greenhouse gas (GHG) emissions in LNG facilities during the project […]

Seadrill Limited Provides 3Q:21 Market Update

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(Seadrill, 29.Nov.2021) — Seadrill Limited (OSE: SDRL, OTCPK: SDRLF), a world leader in offshore drilling provides a market update for the third quarter of 2021. During the quarter, Seadrill continued to sign high-quality contracts contributing $145mn to backlog, reflecting the depth of its customer relationships. Total backlog as of 30 September 2021 stood at $2.1bn. […]

Shareholders From Agnico Eagle And Kirkland Lake Gold Approve Merger

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(Agnico Eagle, 26.Nov.2021) — Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) announced that at a special meeting of shareholders held earlier today, Agnico Eagle shareholders voted overwhelmingly in favor of the resolution approving the issuance of Agnico Eagle common shares in connection with the proposed merger with Kirkland Lake Gold Ltd. […]