(Sempra, 6.Aug.2024) — Sempra today reported second-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $713mn, or $1.12 per diluted share, compared to second-quarter 2023 […]
Category: USA
Bristow Reports 2Q:24 Results, Raises Outlook
(Bristow, 6.Aug.2024) — Bristow Group Inc. reported net income attributable to the company of $28.2mn, or $0.96 per diluted share, for its quarter ended 30 June 2024 (the “Current […]
Diamond Offshore Reports 2Q:24 Results
(Diamond Offshore, 6.Aug.2024) — Diamond Offshore Drilling, Inc. reported the following results for the second quarter of 2024: Bernie Wolford, Jr., President and Chief Executive […]
Kosmos’ 2Q:24 Update on Projects from Mauritania to Senegal
(Kosmos, 5.Aug.2024) — Kosmos Energy Ltd. announced its financial and operating results for the second quarter of 2024. For the quarter, the company generated a […]
Cheniere and Galp Ink Long-Term LNG SPA
(Cheniere, 5.Aug.2024) — Cheniere Energy, Inc. announced that its subsidiary Cheniere Marketing, LLC, entered into a long-term liquefied natural gas (LNG) sale and purchase agreement […]
Allison Forms Strategic Partnership to Expand Global Mining Presence
(Allison, 18.Jul.2024) — Allison Transmission has formed a new strategic partnership with Lingong Heavy Machinery Co. Ltd. (LGMG), a prominent Chinese mining equipment manufacturer, to provide […]
Ryerson Acquires Production Metals
(Ryerson, 2.Aug.2024) — Ryerson Holding Corporation announced its acquisition of Production Metals, LLC. Based in Monroe, Connecticut, Production Metals serves New England and the surrounding area with […]
Exxon Reports 2Q:24 Results
(Exxon, 2.Aug.2024) — Exxon Mobil Corporation announced second-quarter 2024 earnings of $9.2bn, or $2.14 per share assuming dilution. Cash flow from operating activities was $10.6bn and […]
Universal Logistics Holdings Unveils EVs
(Universal Logistics, 2.Aug.2024) — Universal Logistics Holdings, Inc. announces the integration of the 2025 Peterbilt 579EV into its fleet as a part of our ongoing sustainability […]
Chevron Reports 2Q:24 Earnings, to Move HQ to Houston
(Chevron, 2.Aug.2024) — Chevron Corporation reported earnings of $4.4bn ($2.43 per share – diluted) for second quarter 2024, compared with $6bn ($3.20 per share – diluted) […]
Sunbelt to Acquire Maxima Power Group
(Sunbelt Solomon, 1.Aug.2024) — Sunbelt Solomon Services, a provider of customized electrical power solutions and services, announced the acquisition of Maxima Power Group. Comprised of Magna […]
APA Corp. Updates on Permian Drilling, Suriname
(APA Corp., 31.Jul.2024) — APA Corporation announced its financial and operational results for the second quarter of 2024.APA reported net income attributable to common stock of […]
BYD Explores Canadian Auto Market Entry -Regulatory Filing
(Reuters, 30.Jul.2024) — Chinese EV maker BYD is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as […]
bp Gives Go-ahead for 6th Operated Hub, Kaskida, in the US GOM
(bp, 30.Jul.2024) — bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to […]
bp’s 2Q:24 Results, Kaskida FID
(bp, 30.Jul.2024) — “Our businesses continue to operate safely and efficiently. We are driving focus across the business and reducing costs, all while building momentum in […]
TotalEnergies Reports 2Q:24 Results, Eyes Suriname Block 58 FID
(TotalEnergies, 25.Jul.2024) —The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on 24 July 2024, to approve the second quarter 2024 […]
Repsol Reveals New Share Buyback, Updates on Venezuela
(Repsol, 26.Jul.2024) — Repsol posted net income of €1.626bn in the first half of 2024, up 14.5%, a period marked by the presentation and implementation of […]
Noble and Diamond Offshore Provide Transaction Update
(Noble, 25.Jul.2024) — Noble Corporation plc and Diamond Offshore Drilling, Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation […]
Ecovyst Makes Equity Investment in Pajarito Powder
(Ecoyvst, 25.Jul.2024) — Ecovyst Inc. announced a key equity investment of $4.5mn in Pajarito Powder, an innovative materials science company that specializes in supports and catalysts required for […]
Core Lab Reports 2Q:24 Results
(Core Lab, 24.Jul.2024) — Core Laboratories Inc. reported second quarter 2024 revenue of $130,600,000. Core’s operating income was $16,000,000, with diluted earnings per share (“EPS”) of $0.19, all in […]
Port of Corpus Christi Reports 2Q:24 Volumes
(The Port of Corpus Christi, 23.Jul.2024) —The Port of Corpus Christi customers moved 50.1 million tons through the Corpus Christi Ship Channel in the second […]
Woodside Reports 2Q:24 Results
(Woodside, 23.Jul.2024) — Woodside Energy reported quarterly production of 44.4 MMboe (488 Mboe/day), down 1% from Q1 2024 due to planned maintenance activities, weather impacts at […]
Flowserve Acquires LNG Pumping Technology from NexGen Cryo
(Flowserve, 23.Jul.2024) — Flowserve Corporation acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging […]
Glenfarne and EQT Execute Binding LNG Tolling Agreement
(Glenfarne, 23.Jul.2024) — Texas LNG Brownsville LLC, a four million tonnes per annum (mtpa) liquefied natural gas (LNG) export terminal to be constructed in the […]
Atlas and Kodiak Ink Deal for Autonomous Trucking Technology
(Atlas Energy, 23.Jul.2024) — Atlas Energy Solutions Inc. and Kodiak Robotics, Inc. announced that the two companies have entered into an agreement whereby Kodiak will […]
Woodside to Acquire Tellurian: Transcript
(Woodside, 22.Jul.2024) — Woodside Energy Group Limited held an investor call to discuss its $900mn all-cash acquisition of Tellurian, Inc., which is developing Driftwood LNG. ____________________
OXY Announces Commencement of Exchange Offer for CrownRock Notes
(Occidental, 19.Jul.2024) — Occidental announced that it has commenced a private exchange offer to certain eligible holders (the “Exchange Offer”) for any and all outstanding 5.000% […]
Tellurian to be Acquired by Woodside for Approximately $900mn
(Tellurian, 21.Jul.2024) — Tellurian Inc. has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd pursuant to which Woodside will acquire all […]
Woodside to Acquire Tellurian for $1/share, Create LNG Powerhouse
(Woodside, 22.Jul.2024) — Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US […]
Ecopetrol Informs of Ongoing Negotiations with Occidental
(Ecopetrol, 19.Jul.2024) — Ecopetrol S.A. informs that it is engaged in conversations with Occidental Petroleum Corp. (OXY) oriented to consider the potential acquisition by Ecopetrol of […]
Kinder Morgan Reports 2Q:24 Financial Results
(Kinder Morgan, 17.Jul.2024) — Kinder Morgan, Inc.’s board of directors today approved a cash dividend of $0.2875 per share for the second quarter ($1.15 annualized), […]
Energy Transfer and Sunoco Announce Strategic Permian JV
(Energy Transfer, 16.Jul.2024) – Energy Transfer LP and Sunoco LP announced the formation of a joint venture combining their respective crude oil and produced water gathering […]
TGS Announces Early Access to Gulf Coast Storage Assessment
(TGS, 15 July 2024) – TGS announces early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the […]
US-Mexico Energy Trade Value Fell in 2023
(EIA, 15.Jul.2024) — The value of all energy trade between the United States and Mexico decreased almost 15% from $77.8bn in 2022 to $66.5bn in […]
Scientists: Epoch Marked by human impact — the Anthropocene — Began in 1950s
(AP, 11.Jul.2024) — From climate change to species loss and pollution, humans have etched their impact on the Earth with such strength and permanence since […]
Honeywell to By Air Products’ LNG Process Technology
(Air Products, 10.Jul.2024) — Honeywell and Air Products jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81bn in […]
Pennybacker Acquires Miami LNG Business
(Pennybacker Capital, 9.Jul.2024) — Pennybacker Capital Management, LLC, a real assets investment manager, has entered into a definitive agreement to acquire a small-scale LNG business (Miami […]
Exxon Mobil Signals 2Q Earnings hit from Refining Margins
(Reuters, 8.Jul.2024) — Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major’s second-quarter earnings. The oil […]
Hurricane Beryl Impact to the Port of Corpus Christi
(Port of Corpus Christi, 8.Jul.2024) — In response to the impacts of Hurricane Beryl, the Port of Corpus Christi Authority has now fully transitioned to Post-Storm […]
Devon Announces $5bn Strategic Acquisition in the Williston
(Devon Energy, 8.Jul.2024) — Devon Energy has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a […]
ExxonMobil Shuts Hoover Platform as Beryl Approaches
(ExxonMobil, 7.Jul.2024) — As we prepare for severe weather that may impact our Gulf of Mexico operations, our primary focus is the safety of our […]
Corpus Christi Port Readies for Arrival of Beryl Impact
(Port of Corpus Christi, 5.Jul.2024) — Anticipating the landfall of Hurricane Beryl on the Texas Gulf Coast, the Port of Corpus Christi has increased its Hurricane […]
Kosmos Announces First Oil Production at Winterfell in the U.S. GOM
(Kosmos, 3.Jul.2024) — Kosmos Energy Ltd. announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico. Winterfell […]
Kosmos Starts Oil Production at Winterfell in the U.S. GOM
(Kosmos Energy, 3.Jul.2024) — Kosmos Energy Ltd. announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico. […]
SLB updates on planned ChampionX acquisition
HOUSTON, TEXAS (By Ian Silverman, Energy Analytics Institiute, 2.Jul.2024, Words: 108) — SLB and ChampionX have each received a request for additional information, a second […]
New Fortress to Sell Miami Liquefaction and Storage Facility
(New Fortress, 1.Jul.2024) — New Fortress Energy Inc. has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to […]
US Judge Halts Biden Administration’s Pause on LNG Permits
(Reuters, 1.Jul.2024) — A federal judge on Monday dealt President Joe Biden’s climate agenda a setback by blocking the Democrat’s administration from continuing to pause the approval of […]
NextDecade Subsidiary RGLNG Issues $1.1bn Senior Notes Due 2047
(NextDecade, 1.Jul.2024) — NextDecade Corporation’s subsidiary Rio Grande LNG, LLC issued $1.115bn of senior secured notes in a private placement. These senior secured notes will […]
Tellurian Closes $260mn Asset Sale, Retires Senior Secured Debt
(Tellurian, 1.Jul.2024) — Tellurian Inc. closed the previously reported sale of its integrated upstream assets for $260mn to affiliates of Aethon Energy Management LLC, fulfilling […]
Aethon Completes Purchase of Tellurian Upstream, Midstream Assets
(Aethon, 1.Jul.2024) — Aethon Energy Management LLC successfully closed on the acquisition of Tellurian’s integrated upstream assets. Aethon’s footprint across its Fund II and Fund […]