(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 […]
Category: North America
North America energy
Barreiro, Laprea-Bigott, Jordá Named To Citgo Board
(Citgo, 15.Jul.2020) — Citgo Petroleum Corporation Board of Directors announced today that Pablo Pérez 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 Energía
(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 […]
Mexico Probes Libre Abordo Pact With Venezuela
(Reuters, 2.Jun.2020) — The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under […]
Greenbrier Marine Announces Vessel Delivery
(Greenbrier, 2.Jun.2020) — Greenbrier Marine, a division of The Greenbrier Companies, Inc., announced it has delivered the OSG 204, a 204,000 barrel capacity oil and […]
CITGO Proposes $750mn Private Offering
(Citgo, 2.Jun.2020) — Citgo Petroleum Corporation has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, of $750 […]
Bristow Group Announces Stock Repurchases
(Bristow Group, 1.Jun.2020) — Bristow Group Inc. entered into privately negotiated stock repurchase agreements to repurchase 142,721 shares of its common stock and 98,784 shares […]
Bristow Group Announces Stock Repurchases
(Bristow, 1.Jun.2020) — Bristow Group Inc. announced entry into privately negotiated stock repurchase agreements to repurchase 142,721 shares of its common stock and 98,784 shares […]
Pioneer Energy Services Emerges from Chapter 11
(Pioneer, 1.Jun.2020) — Pioneer Energy Services Corp. has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 […]
US Senators Expected To Sanction Nord Stream 2
(Reuters, 29.May.2020) — Two U.S. senators are expected to introduce next week sanctions on the Nord Stream 2 natural gas pipeline that Russia is trying […]
Op-Ed: My Love Affair With Tulsa University
(Gustavo Coronel, 27.May2020) — An April morning in 1951, I left New York City for Tulsa, Oklahoma. I had been studying English for 15 weeks […]
Frontera Announces Annual, Special Meeting Results
(Frontera, 20.May.2020) — Frontera Energy Corporation held its annual general and special meeting of shareholders, where each of the eight nominees proposed as directors and […]
US Court Declines To Hear Appeal In Crystallex Case
(Reuters, 18.May.2020) — The U.S. Supreme Court on Monday declined to hear Venezuela’s appeal of a lower court ruling allowing Canadian gold mining company Crystallex […]
Coronavirus Amplifies LatAm Sovereigns’ Pressures
(Fitch, 18.May.2020) — LatAm sovereigns’ weak public finances make them particularly vulnerable to the coronavirus crisis, Fitch Ratings says, by limiting both their counter-cyclical policy […]
Venezuela Spurned By US Court In Citgo Clash
(Bloomberg, 18.May.2020) — The U.S. Supreme Court rejected an appeal by Venezuela in its fight to retain control of oil refiner Citgo Holding Inc., putting […]
McDermott Awarded Middle East Engineering Contract
(McDermott, 18.May.2020) — McDermott International, Inc. today announced it has been awarded a sizeable* contract from a Middle East customer to carry out front-end engineering […]
Touchstone Reports 1Q:20 Results, Operational Update
(Touchstone, 14.May.2020) — Touchstone Exploration Inc. reports its operating and financial results for the three months ended March 31, 2020. Selected information is outlined below […]
Nynas: Removal Of Venezuela-related License
(OFAC, 12.May.2020) — The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is revoking and archiving on its website Venezuela-related General License (GL) […]
Hess Reports Estimated Results For 1Q:20
(Hess, 7.May.2020) — Hess Corporation reported a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020, including impairment and […]
PetroTal Provides Update On Financing Arrangements
(PetroTal, 7.May.2020) — PetroTal Corp. announces that the Northern Oil Pipeline (“ONP”) operated by Petroperu S.A. has been shut down by a public health directive […]
AES Makes Progress On Strategic Objectives
(AES, 7.May.2020) — The AES Corporation reported financial results for the quarter ended 31 March 2020. HIGHLIGHTS Strategic Accomplishments — Completed construction of 1.4 GW […]