Category: USA

Phillips 66 to Shut Refinery, End Gasoline Output in Los Angeles

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(Reuters, 16.Oct.2024) — Phillips 66 said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply amid complaints about the state’s high prices. Phillips 66 CEO Mark Lashier cited “market dynamics” for the decision. The Los Angeles facility provides lower profits than other company oil processing plants, a […]

Overview: Shell Deer Park

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Oct.2024) — Just before the Great Depression, Shell became the first manufacturer to call Deer Park home in 1929. At that time, Deer Park had no other businesses or buildings in what is now a bustling community about 20 miles east of downtown […]

Phillips 66 to Cease Operating LA Refinery in 4Q:25

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(Energy Analytics Institute, 16.Oct.2024) — Phillips 66 will cease operations at its Los Angeles-area refinery in the fourth quarter of 2025. Phillips plans to work with authorities from the state of California to supply fuel markets and meet ongoing consumer demand. Approximately 600 employees and 300 contractors currently operate the […]

Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]

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(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up of Sangomar offshore Senegal, increased uptime across operated assets including 99.9% LNG reliability at Pluto and increased seasonal domestic gas demand. Woodside narrowed its full- […]

Port of Corpus Christi Announces Record 3Q:24 Volumes

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(Port of Corpus Christi, 15.Oct.2024) — The Port of Corpus Christi and its customers moved 53 million tons through the Corpus Christi Ship Channel in the third quarter of 2024, a new quarterly high mark driven by increases in crude oil and dry bulk movements. The 53 million tons moved […]

ONEOK Closes Enlink Deal with GIP

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(ONEOK, 15.Oct.2024) — ONEOK, Inc. announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) and the successful completion of its acquisition of Global Infrastructure Partners‘ (GIP) entire interest in EnLink Midstream, LLC, for a total cash consideration of approximately $3.3bn. The acquisition […]

Arizona Sonoran Initiates Pre-Feasibility Study

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(Arizona Sonoran, 15.Oct.2024) — Arizona Sonoran Copper Company Inc. announces that following a request for proposal, ASCU has appointed M3 Engineering, Tucson, to lead the Cactus Project Pre-Feasibility Study (the “PFS”) and to act as metallurgical program lead. The consultants will include AGP (mining), Clear Creek (hydrology), ALS Geotechnical (geology), […]

Consumer Energy to Expand EV Charging at Michigan Workplaces 

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(Consumer Energy, 14.Oct.2024) — Consumers Energy is taking another new step to power Michigan’s electric vehicle transformation by announcing an effort to install EV chargers at workplaces across the state. Consumers Energy expects over 500 workplaces will install charging by 2030. “Consumers Energy is offering new approaches that will drive the […]

Southline Project Selected for Transmission Facilitation

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(Southline Transmission Project, 3.Oct.2024) — The U.S. Department of Energy (DOE) reaffirmed its confidence in the Southline Transmission Project by selecting Phase 2 of the project as a capacity contract recipient through the second round of the Transmission Facilitation Program. Co-developed by Black Forest Partners and Grid United, Southline is […]

U.S. Firms Embrace AI, Cloud for Application Development

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(ISG, 14.Oct.2024) — Growing AI and cloud adoption have shaped U.S. enterprises’ application development and management (ADM) strategies over the past year, according to a new research report published today by Information Services Group (ISG), a global technology research and advisory firm. The 2024 ISG Provider Lensℱ Next-Gen ADM Services […]

Kinder Morgan on Trident Open Season

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(Energy Analytics Institute, 14.Oct.2024) — Trident Intrastate Pipeline LLC is launching a binding open season to solicit commitments for the construction of its 216 miles of 48- and 42-inch mainline.  The open season will begin 14 Oct. 2024, and conclude at 5 p.m. CT on 12 Nov. 2024, Kinder Morgan […]

Excelerate Energy Announces Changes to Board of Directors

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(Energy Analytics Institute, 11.Oct.2024) — Excelerate Energy, Inc. announced that Henry G. Kleemeier retired from the Board effective 9 Oct. 2024, and that Tyler D. Todd has been elected to the company’s Board of Directors, effective 10 Oct. 2024.  Todd will serve on the Compensation and Nominating and Corporate Governance […]

Atlas Energy Commissions Dune Express

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(Atlas, 10.Oct.2024) — Atlas Energy Solutions Inc. announced that the commissioning of the Dune Express, a 42-mile long, fully electric conveyor system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into […]

CCUS Growth Challenged by Current Economics

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(WoodMac, 10.Oct.2024) — Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilization and storage (CCUS), economics remain challenging, and many potential projects are at risk. […]

APA Corp. Provides 3Q:24 Supplemental Info.

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(APA Corp., 9.Oct.2024) — APA Corporation provided supplemental information regarding certain third-quarter 2024 (3Q:24) financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the 3Q:24. It is provided to assist investors, analysts and others in formulating their […]

Woodside Completes Tellurian Acquisition

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(Woodside, 9.Oct.2024) — Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900mn cash, or $1.00 per share. The implied enterprise value is approximately $1,200mn. (1) Woodside also announced it […]

Tellurian Executives Enter in Separation Agreement

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(Energy Analytics Institute, 8.Oct.2024) — On 8 Oct. 2024, Tellurian Inc. completed its previously announced merger with Woodside Energy. On said date, Woodside and Tellurian entered into a separation agreement and general release with: Daniel A. Belhumeur, President, Tellurian, Samik Mukherjee, President, Tellurian Investments, and Simon G. Oxley, Executive Vice […]

Honeywell to Spin Off Advanced Materials Business

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(Honeywell, 8.Oct.2024) — Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. As […]

Noble Announces Major Shareholder Notice from BlackRock

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(Noble, 8.Oct.2024) — Pursuant to Section 30 of the Danish Capital Markets Act, Noble Corporation plc hereby announces the receipt of a major shareholder notification from BlackRock, Inc. BlackRock has notified Noble on 7 Oct. 2024 that, as of 1 Oct. 2024, BlackRock’s holdings of indirect shares and voting rights […]

Shell Poised to Add Pipeline Capacity in US GOM

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(Shell Pipeline Company, 3.Oct.2024) — Shell Pipeline Company LP announced the Final Investment Decision (FID) for the Rome Pipeline, an offshore pipeline construction project increasing access between Shell’s Green Canyon Block 19 (“GC-19”) pipeline hub platform and the Fourchon Junction facility on the Louisiana Gulf Coast. The pipeline will bring […]

Producers Midstream to Build Gas Facilities in Lea County

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(Tailwater Capital, 3.Oct.2024) — Producers Midstream II, LLC, a portfolio company of Tailwater Capital, announced it is constructing a new gathering, treating, and processing system in Lea County, New Mexico. The System will be located in the core of the Delaware Basin, one of the most active oil and gas […]

IsoEnergy Acquires Anfield, Securing Expanded US Uranium Production

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(IsoEnergy, 2.Oct.2024) —  IsoEnergy Ltd. and Anfield Energy entered into a definitive agreement (the “Arrangement Agreement“) pursuant to which IsoEnergy will acquire all of the issued and outstanding common shares of Anfield (the “Anfield Shares“) by way of a court-approved plan of arrangement (the “Transaction“). Anfield owns 100% of the Shootaring Canyon Mill (the […]

DMW Marine Expands Workforce to Meet Growing Global Demand

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(Energy Analytics Institute, 1.Oct.2024) — DMW Marine Group, which specializes in marine cranes, announced the hiring of nine new service technicians. This move supports the company’s ongoing expansion and enhances its ability to meet the increasing demand for its products and services worldwide, especially in regions like Bahrain, Egypt, Tahiti, […]

Fission vs. Fusion – What’s the Difference?

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(Duke Energy, 1.Oct.2024) — Look up during the day to see one of the most powerful examples of a nuclear reactor: the sun. Inside the sun, fusion reactions take place at very high temperatures and enormous gravitational pressures. The foundation of nuclear energy is harnessing the power of atoms by […]

Woodside Completes OCI Clean Ammonia Acquisition

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(Woodside, 30.Sep.2024) — Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas (Project), from OCI N.V. (together with its affiliates, OCI).1 The completion follows Woodside’s announcement on 5 Aug. 2024 that it had entered into an agreement […]

Matson Starts Construction of LNG-Powered Containerships

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(Matson, 30.Sep.2024) — Matson, Inc. announced the start of construction on the first of three new “Aloha Class” containerships designed for its Hawaii and China-Long Beach Express (CLX) services. After a small ceremony at Philly Shipyard in Pennsylvania, the cutting of steel plates began, initiating the work to build the […]

New Fortress Energy to Delay Dividend Payment

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(Energy Analytics Institute, 30.Sep.2024) — New Fortress Energy Inc. will delay the payment of the company’s previously declared $0.10 per share Class A common stock dividend, with a record date of 13 Sep. 2024, until it reaches an agreement with its noteholders to address the company’s near-term maturities and liquidity […]

Hess gets HSR clearance for Chevron merger

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NEW YORK CITY, NEW YORK (Hess Corp., 30.Sep.2024, Words: 381) — Hess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. “We are very pleased that our merger with Chevron has cleared this significant regulatory hurdle,” said CEO John Hess. […]

US LNG Sector to Navigate Uncertainties with Harris or Trump

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(S&P Global, 30.Sep.2024) — The 2024 presidential election carries risks and unknowns for US LNG project development, whether Vice President Kamala Harris is elected or former President Donald Trump returns to the Oval Office. The Biden administration’s decision earlier in 2024 to pause key LNG export permits remains a major […]

TotalEnergies Acquires Producing Eagle Ford Assets from Lewis Energy

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(TotalEnergies, 27.Sep.2024) — TotalEnergies signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by Lewis in the Eagle Ford basin in Texas. The acquisition of these low cost and long plateau assets further strengthens TotalEnergies’ integration across the gas […]

Cemex’s Lower-carbon Materials to Fortify Wastewater Plant in San Francisco

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(Cemex, 23.Sep.2024) — As part of San Francisco’s major initiative to sustainably upgrade and modernize infrastructure, Cemex has announced its involvement in reinforcing the City’s largest wastewater treatment plant with its VertuaÂźlower-carbon concrete. The Southeast Treatment Plant’s (SEP) Biosolids Digester Facilities Project will replace the outdated existing solids treatment facilities with more reliable, efficient, and modern […]

Mon Power and Potomac Edison Break Ground on Third Solar Site

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(FirstEnergy, 23.Sep.2024) — Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp., have begun construction on their third utility-scale solar site in West Virginia to help meet the state’s electricity needs and further encourage economic development. The Marlowe solar project is located along Interstate 81 and the Potomac River on a 36-acre property in Berkeley County that was […]