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 […]

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 […]

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 […]

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 […]

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 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 […]

Forum Energy Completes Acquisition of Variperm

(Forum Energy, 5.Jan.2024) — Forum Energy Technologies, Inc. (NYSE: FET) completed the acquisition of Variperm Energy Services, a manufacturer of customized downhole technology solutions, providing […]

Norfolk Southern Aims for Low-carbon Future

(Norfolk Southern, 4.Jan.2024) — Norfolk Southern Corporation (NYSE: NSC) released its inaugural Climate Transition Plan (CTP). The CTP is aimed at reducing greenhouse gas (GHG) emissions with a […]

NMPRC Issues Decision in PNM Rate Review

(PNM, 4.Jan.2024) — The New Mexico Public Regulation Commission (NMPRC) issued an order in the application for a 2024 change in customer base rates by […]

PNM Announces Termination of Merger Agreement

(PNM Resources, 2.Jan.2024) — PNM Resources (NYSE: PNM) announces the termination of its merger agreement with Avangrid. While the PNM Resources Board of Directors approved an […]

EAI’s NRGBriefs: Dec. 2023

(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex […]