(CNN, 31.Jul.2020) — Two American oil executives held in an overcrowded Venezuelan prison for almost three years have been placed in house arrest, a sign […]
Category: North America
North America energy
ExxonMobil 2Q:20 Earnings Call Transcript
(The Motley Fool, 31.Jul.2020) — ExxonMobil earnings call for the period ending 30 June 2020. Contents: — Prepared Remarks — Questions and Answers — Call […]
Chevron’s 2Q:20 Results, Venezuela Impairment
(Chevron, 31.Jul.2020) — Chevron Corporation reported a loss of $8.3 billion ($(4.44) per share – diluted) for second quarter 2020, compared with earnings of $4.3 […]
Chevron And Algonquin Ink Renewable Projects Deal
(Algonquin, 30.Jul.2020) — Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. announced an agreement seeking to […]
AES And 5B Pushing Solar Energy Transition
(AES, 30.Jul.2020) — The AES Corporation has made a strategic investment in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary Maverick design […]
Apache Reports 2Q:20 Financial Results
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020. Key Takeaways — Announced major discovery at […]
Blackstone To Raise Stake In GOM Drilling Project To 47%
(Reuters, 28.Jul.2020) — Israel’s Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in […]
Pioneer Energy Services CEO Stacy Locke Steps Down
(Pioneer, 22.Jul.2020) — Pioneer Energy Service Corp. announced that Wm. Stacy Locke has decided to step down as President, Chief Executive Officer, and as a […]
US Court Affirms Judgment Supporting CITGO Board
(Citgo, 22.Jul.2020) — PDV Holding, CITGO Holding, and CITGO Petroleum secured a swift and unanimous victory in the Delaware Supreme Court in the matter of […]
PDV Holdings Releases First-Ever Annual Report
(Citgo, 22.Jul.2020) — PDV Holding, Inc., the indirect sole stockholder of Citgo Petroleum Corporation, issued its first-ever annual report detailing financial and operational performance in […]
Houston American Energy’s 1-for-12.5 Reverse Stock Split
(Houston American Energy, 21.Jul.2020) — Houston American Energy Corp. announced the company will effect a 1-for-12.5 reverse stock split of its common stock on 31 […]
Wärtsilä To Deliver Storage System To US Virgin Islands
(Wärtsilä, 21.Jul.2020) — The technology group Wärtsilä has been awarded a contract to deliver a state-of-the-art power plant and energy storage system to the US […]
Global Gas Flaring At Levels Not Seen Since 2009
(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion […]
Chevron Announces Deal To Acquire Noble Energy
(Chevron Corp. 20.Jul.2020) — Chevron Corporation entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy […]
Chevron’s Noble Deal: First Major One Of The Downturn
(WoodMac, 20.Jul.2020) — Speaking this morning after Chevron announced plans to buy Noble Energy in a US$13 billion all-stock transaction, including US$5 billion in equity, […]
Chevron Says To Acquire Noble Energy
(Chevron, 20.Jul.2020) — Chevron Corporation has entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy […]
CITGO Names Edgar Rincon COO, Executive VP
(Citgo, 17.Jul.2020) — The Board of Directors of CITGO Petroleum Corporation has appointed Edgar Rincon as Chief Operating Officer (COO) and Executive Vice President, reporting […]
bpWE To Buy Full Ownership Of Fowler Ridge 1 Wind Asset
(bpWE, 16.Jul.2020) — bp Wind Energy (bpWE) agreed to acquire the remaining 50% interest in the bp operated, Fowler Ridge 1 wind asset from its […]
OGCI Sets Carbon Intensity Target
(OGCI, 16.Jul.2020) — The Oil and Gas Climate Initiative (OGCI) announced a target to reduce the collective average carbon intensity of member companies’ aggregated upstream […]
Barreiro, Laprea-Bigott, Jordá Named To Citgo Board
(Citgo, 15.Jul.2020) — Citgo Petroleum Corporation Board of Directors announced today that Pablo PĂ©rez Barreiro, Marcelo Laprea-Bigott and Carlos Jordá have been named to the […]
Investors In Russian Pipeline At Risk Of US Sanctions
(Reuters, 15.Jul.2020) — U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions […]
Thermal Recovery: Technical Papers (FREE Downloads)
(Energy Analytics Institute, 15.Jul.2020) — Technical papers from Nakasawa Resources on thermal recovery technologies; EOR projects: when how and why?; and heavy oil exploitation: unavoidable […]
Weatherford Signs Four-Year Contract with Eni S.p.A
(Weatherford, 8.Jul.2020) — Weatherford International plc has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole […]
SolTrans Turns to AMPLY Power For Bus Charging
(Amply, 7.Jul.2020) — Bringing California closer to its goal to transition all public transit agencies to 100 percent zero-emission bus fleets by 2040, AMPLY Power […]
Talos To Announce 2Q:20 Results, Host Conference Call
(Talos, 7.Jul.2020) — Talos Energy Inc. will release second quarter 2020 results for the period ended June 30, 2020 on Wednesday, August 5, 2020 after […]
Duke Energy Renewables’ Texas Solar Project Online
(Duke Energy, 7.Jul.2020) — Duke Energy Renewables, a subsidiary of Duke Energy, announced that its 200-megawatt alternating current (MWac) Holstein Solar project in Nolan County, […]
Lion Electric Starts Sales Of Lion8 Trucks
(Lion, 6.Jul.2020) — The Lion Electric Co. (Lion) and Boivin Evolution (BEV) are proud to announce the first sales of Lion8 chassis with fully automated […]
Duke Reaffirms CAPEX In Renewables, Grid Projects
(Duke Energy, 5.Jul.2020) — Duke Energy will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery […]
Court To Auction Gasoline Destined For Venezuela
(Reuters, 1.Jul.2020) — A federal court in Houston on Wednesday was expected to auction 100,000 barrels of gasoline that a shipping company suspected a Venezuelan […]
Sempra Energy Advances North American Strategy
(Sempra, 30.Jun.2020) — Sempra Energy completed its business exit from South America, following the recently announced sale of its Chilean businesses, which generated approximately $2.23 […]
Chevron Completes Purchase Of Puma Energy (Australia)
(Chevron, 30.Jun.2020) — Chevron Australia Downstream Pty Ltd., a wholly-owned subsidiary of Chevron Corporation, today announced that it has completed the acquisition from Puma Energy […]
Chesapeake Energy Files For Chapter 11
(WoodMac, 28.Jun.2020) — Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection today, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: […]
How Price Crash Changed The Upstream Sector?
(WoodMac, 24.Jun.2020) — According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry. Andrew Pearson, […]
US Sanctions On Iranian Tanker Captains
(Energy Analytics Institute, 24.Jun.2020) — The US, under Executive Order 13599, today said it is sanctioning five Iranian ship captains, who delivered approximately 1.5 million […]
Braskem Completes Facility In La Porte, Texas
(Braskem, 24.Jun.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announces the construction completion of […]
Venezuela Wooed Texan Lawmaker To Ease Sanctions
(AP, 22.Jun.2020) — Venezuela’s socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same […]
Venezuela Wooed Texas Lawmaker To Ease Sanctions
(AP, 20.Jun.2020) — Venezuela’s socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same […]
Guaido Team Favoring COP In Citgo Fight: Update
(Argus, 19.Jun.2020) — Another senior Venezuelan opposition figure has resigned following the government’s leak of a strategy to favor ConocoPhillips in an escalating battle for […]
Opposition Asks Court To Recognize Citgo Changes
(Argus, 18.Jun.2020) — Venezuelan ownership of the country’s most valuable overseas asset may rest on opposition leadership convincing a US court that it restored refiner […]
Treasury Targets Sanctions Evasion Network Supporting Corrupt Venezuelan Actors
(US Department of Treasury, 18.Jun.2020) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals and eight foreign […]
Shipping Magnate Faces US Sanctions Probe
(Reuters, 12.Jun.2020) — The United States is investigating a Venezuelan shipping magnate for possibly violating U.S. sanctions by bringing fuel to gasoline-short Venezuela, according to […]
Citgo Reports First Quarter 2020 Results
(Citgo, 12.Jun.2020) — Citgo Petroleum Corporation reported its first quarter 2020 performance results, including a net loss of $159 million and an adjusted EBITDA1 of […]
Mirage Inks Deal With The State Of Puebla
(Mirage, 11.Jun.2020) — Mirage Energy Corporation signed an agreement with Energy Agency of the State of Puebla to develop a pipeline infrastructure project to deliver […]
Sempra Declares Common, Preferred Dividends
(Energy Analytics Institute, 11.Jun.2020) — Sempra Energy’s board of directors declared a $1.045 per share quarterly dividend on the company’s common stock, which is payable […]
Sempra Eyes Closing Of Sale Of Chilquinta EnergĂa
(Sempra, 9.Jun.2020) — Sempra Energy and State Grid International Development Limited (SGID) have jointly announced today that both companies remain firmly committed to completing the […]
OPEC+ To Meet Saturday On Extending Cuts
(Reuters, 5.Jun.2020) — OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards […]
BJ Services’ Milestone With Fracturing Technology
(BJ Services, 4.Jun.2020) — At the end of April 2020, BJ Services completed a 1,000-hour field trial of its next-generation direct-drive turbine fracturing pump, TITAN™. […]
JinkoSolar On Non-Infringement In US
(JinkoSolar, 4.Jun.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that the United […]
After The Crash: Five Key Changes In The US GOM
(WoodMac, 4.Jun.2020) — The oil price crash has come at a time when the US Gulf of Mexico (GoM) is leaner and nimbler. It is […]
US Sanctions Four Firms For Transporting Venezuelan Oil
(Aljazeera, 2.Jun.2020) — The United States Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in […]