(Energy Analytics Institute, 30.Jan.2024) — US State Department spokesperson Matthew Miller said there’s still time for the Nicolás Maduro regime in Venezuela to change course […]
Category: USA
Port of Corpus Christi Names Cindy Bertolami CFO
(Port of Corpus Christi, 30.Jan.2024) — The Port of Corpus Christi has appointed Cindy Bertolami as its new Chief Financial Officer (CFO). Bertolami succeeds Kent […]
Biden’s Gas Export Review has Uncertain Consequences
(The Hill, 30.Jan.2024) — President Biden’s pause on gas export projects may not have significant impacts by itself, energy analysts say. But the changes he’s making […]
US Refiner Marathon Petroleum Reports 4Q:23 Results [PDF Download]
(MPC, 30.Jan.2024) — Marathon Petroleum Corp. (NYSE: MPC) reported net income attributable to MPC of $1.5bn, or $3.84 per diluted share, for the fourth quarter of […]
New Fortress Receives Customs Ruling for Its FLNG Facility
(New Fortress, 29.Jan.2024) — New Fortress Energy Inc. (NASDAQ: NFE) (announced that U.S. Customs and Border Protection has issued a ruling confirming that the transportation of LNG produced […]
OFAC on Wind Down of Transaction of CVG [PDF Download]
(Energy Analytics Institute, 29.Jan.2024) — The US Department of the Treasury‘s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 43A on 29 Jan. […]
Petroleum sanctions in Venezuela [PDF download]
CARACAS, VENEZUELA (Energy Analytics Institute, 28.Jan.2024) — If the US experiences the return of Donald Trump as president, or if in Venezuela Maria Corina Machado’s […]
Biden-Harris List Top Climate Accomplishments
(Energy Analytics Institute, 28.Jan.2024) — US President Joe Biden said 28 Jan 2024 on X, formerly Twitter, that “climate action offers an opportunity for the […]
Venezuela Court Disqualifies Leading Opposition Candidate
(Al Jazeera, 27.Jan.2024) — Venezuela’s Supreme Justice Tribunal has upheld a ban which prevents presidential candidate Maria Corina Machado from holding office, upending the opposition’s […]
Leaders on Biden-Harris Pause on Pending Decisions of LNG Exports
(The White House, 27.Jan.2024) — This week, the Biden-Harris Administration announced a temporary pause on pending decisions for exports of Liquefied Natural Gas (LNG). During this period, […]
Petrobras Proved Reserves Reach 10.9 Billion Boe in 2023
(Petrobras, 26.Jan.2024) — Petrobras discloses its proved reserves of oil, condensate, and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at […]
Democratic Leaders Response to Biden’s US LNG Export Decision
(The Natural Allies Leadership Council, 26.Jan.2024) — The Natural Allies Leadership Council, including former Senator Mary Landrieu (D-LA), former Congressman Tim Ryan (D-OH), former Congressman […]
DOE Halting LNG Export Projects
(DOE, 26.Jan.2024) — The United States Department of Energy (DOE) today provided notice that it will initiate a process to update the assessments used to […]
Norfolk Reports 4Q:23 and FY: 23 Results
(Norfolk, 26.Jan.2024) — Norfolk Southern Corporation (NYSE: NSC) announced its fourth quarter and full-year 2023 financial results. For the quarter, income from railway operations was […]
RPC Reports 4Q:23, FY:23 Financial Results
(RPC, 25.Jan.2024) — RPC, Inc. (NYSE: RES) announced its unaudited results for the fourth quarter and full year ended 31 Dec. 2023. * Non-GAAP and […]
Talos Announces Pricing of Two Upsized Offerings
(Talos, 25.Jan.2024) — Talos Energy Inc. (NYSE: TALO) announced that its wholly owned subsidiary Talos Production Inc. priced an upsized offering of $625mn in aggregate […]
Biden-Harris Earmark $254mn to Decarbonization
(DOE, 25.Jan.2024) — In support of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced $171mn for 49 projects across 21 states […]
Earnings Look Forward, Highlighting Deltas: Evercore ISI
(Evercore ISI, 24.Jan.2024) — It became clear a number of weeks ago that this was not the quarter for all the gory detail on current […]
Origis Energy Secures $317mn in Project Tax Equity with J.P. Morgan
(Origis Energy, 24.Jan.2024) — Origis Energy, one of America’s leading renewable energy and decarbonization solution platforms, today announced it has secured $317mn in project tax […]
SLB Joins LOT Network to Safeguard Innovation from Patent Litigation
(SLB, 24.Jan.2024) — SLB has joined other technology leaders such as Tesla, Microsoft, and Cisco to become part of the world’s largest patent licensing platform, […]
Bristow Enters Into New Equipment Financing for up to £55mn
(Bristow Group, 24.Jan.2024) — Bristow Group Inc. (NYSE: VTOL) and its subsidiaries entered into a new twelve-year secured equipment financing for an aggregate amount up […]
TD Cowen Downgrades Chevron Stock
(Energy Analytics Institute, 24.Jan.2024) — TD Cowen downgraded Chevron Corporation’s stock to Market Perform based on its view that Permian and TCO could continue to […]
Recording-Setting Transactions in 4Q:23 Worth for Upstream M&A
(Enverus, 23.Jan.2024) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of Q4 and full-year 2023 upstream merger and acquisition (M&A) […]
Venezuela: Arrests and Detentions of Opposition, Civil Society
(US State Department, 23.Jan.2024) — The United States is deeply concerned by the issuance of arrest orders and detentions against at least 33 Venezuelans, including […]
W&T Offshore Closes Acquisition of Six GOM Fields
(W&T Offshore, 22.Jan.2024) — W&T Offshore, Inc. (NYSE: WTI) has completed the accretive acquisition of six fields in shallow waters of the Gulf of Mexico. […]
Sunoco to Buy NuStar in Deal Valued at $7.3bn
(Reuters, 22.Jan.2024) — Sunoco LP (NYSE: SUN) and NuStar Energy L.P. (NYSE: NS) announced that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an […]
Exxon Activists Banished Best with Vote, Not Court
(Reuters, 22.Jan.2024) — Exxon Mobil (XOM.N), opens new tab is trying to banish a climate activist proposal in a Texas court. The $385 billion oil giant would be […]
DeepOcean Completes Trenching Project in US GOM
(DeepOcean, 22.Jan.2024) — The US operation of ocean services provider DeepOcean has successfully completed the burial of a fuel support pipeline in the US Gulf […]
US Court Accepts $20.8bn in Claims Against Venezuela in Citgo Auction
(Reuters, 19.Jan.2024) — A U.S. court on Friday approved claims by 17 Venezuela-linked creditors, including ConocoPhillips, Rusoro Mining and Koch Industries, to get proceeds from […]
Port of Corpus Christi Moved Record Tonnage in 2023
(Port of Corpus Christi, 18.Jan.2024) — Port of Corpus Christi customers set a new high mark in annual tonnage during 2023, moving more than 200 […]
Port of Corpus Christi Surpassed 200Mt for First Time in 2023
(Port of Corpus Christi, 18.Jan.2024) — Port of Corpus Christi customers set a new high mark in annual tonnage during 2023, moving more than 200 […]
Talos Reveals Commencement of Underwritten Public Offering
(Talos, 17.Jan.2024) — Talos Energy Inc. (NYSE: TALO) commenced an underwritten public offering of $300mn of shares of its common stock, par value $0.01 per share. The company expects […]
OFAC Updates on PDVSA Bond, Transactions [PDF Download]
(Energy Analytics Institute, 16.Jan.2024) — The US Office of Foreign Assets Control (OFAC) authorized certain transactions related to state-owned Petróleos de Venezuela, S.A.‘s 2020 8.5% […]
Port of Corpus Christi Commission Names New Officers
(The Port of Corpus Christi, 16.Jan.2024) — The Port of Corpus Christi Commission named new officers and announced two new Commissioners who took their oaths […]
1PointFive and Trafigura Announce DAC Credit Agreement
(1PointFive, 16.Jan.2024) — 1PointFive, a carbon capture, utilization and sequestration (CCUS) company, and Trafigura, a market leader in the global commodities industry, announced that Trafigura […]
US Corporate Defaults Fueled 80% Jump in Global Tally in 2023
(S&P Global Ratings, 16.Jan.2024) — The number of global corporate defaults rose 80% in 2023, S&P Global Ratings Credit Research & Insights said today in […]
Mexico Pacific Inks Optional LNG Offtake with ExxonMobil
(Mexico Pacific, 16.Jan.2024) — Mexico Pacific signed a third long-term Sales and Purchase Agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP) for an additional 1.2 […]
Talos Announces Strategic $1.3bn Acquisition of QuarterNorth
(Talos, 15.Jan.2024) — Talos Energy Inc. (NYSE: TALO) announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. for $1.29bn (the “Transaction”). QuarterNorth is […]
NASA Picks 12 Companies for Space Station Contract
(NASA, 12.Jan.2024) — NASA selected 12 companies to provide research, engineering, and mission integration services for the International Space Station Program. The $478mn Research, Engineering & Mission […]
SLB and Nabors to Scale Automation Solutions
(Nabors, 12.Jan.2024) — SLB (NYSE: SLB) and Nabors Industries (NYSE: NBR) announced a collaboration to scale the adoption of automated drilling solutions for oil and […]
Aspen Aerogels Provides Business Update
(Aspen Aerogels, 11.Jan.2024) — Aspen Aerogels, Inc. (NYSE: ASPN), a technology company in sustainability and electrification solutions, today announced preliminary full year 2023 revenue results, a […]
Chesapeake and Southwestern Combine in $7.4bn Deal
(Chesapeake, 11.Jan.2024) — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) have entered into an agreement to merge in an all-stock transaction […]
Arena Creates Artificial Reef in US GOM
(Arena, 11.Jan.2024) — Arena Energy, LLC, an independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently established an artificial reef […]
IMF Unlocks $4.7bn for Argentina Amid Economic Crisis
(Al Jazeera, 11.Jan.2024) — Argentina and the International Monetary Fund (IMF) have finalised an agreement to release $4.7bn as part of a debt restructuring plan for the […]
IMF Grants Argentina Access to $4.7bn
(IMF, 10.Jan.2024) — An International Monetary Fund (IMF) team, led by Luis Cubeddu, Deputy Director of the Western Hemisphere Department and Ashvin Ahuja, Mission Chief […]
Key Upstream Things to Watch in 2024: WoodMac
(WoodMac, 10.Jan.2024) — Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie […]
HNRC Outlines Key 2024 Highlights [PDF Download]
(Houston Natural Resources, 10.Jan.2024) — Houston Natural Resources Corp (OTC: HNRC) with a pending name, symbol and CUSIP change, to Cunningham Natural Resources Corp. (CNRC), […]
EDF Renewables Announces Commercial Operation of Fox Squirrel Phase 1
(Enbridge, 10.Jan.2024) — EDF Renewables North America and Enbridge Inc. announced that Phase 1 of Fox Squirrel Solar, the largest solar complex in Ohio, is […]
More Venezuela Creditors to Join Citgo Auction
(Reuters, 8.Jan.2023) — A U.S. judge on Monday granted a large group of Venezuela-linked creditors rights to participate and receive proceeds from a coming auction […]
Gevo Names Katie Ellet to Board of Directors
(Energy Analytics Institute, 8.Jan.2024) — Gevo, Inc. (NASDAQ: GEVO) announced that Katie Ellet has been appointed to its Board of Directors as of 2 Jan. […]