(Projeo Corporation, 20.Nov.2023) â Projeo Corporation, a subsidiary of GTI International, has been awarded over $38mn in U.S. Department of Energy (DOE) funding to support the development […]
Category: USA
The lifting of sanctions and the oil collapse of Venezuela [PDF download]
(Rafael RamĂrez, 16.Nov.2023) â On 18 Oct., the US Office of Foreign Assets Control (OFAC)[1] issued Licenses 43 and 44,[2] lifting the sanctions on the Venezuelan oil and mining sector […]
TotalEnergies Buys 1.5 GW Flexible Power Generation Capacity in Texas
(TotalEnergies, 13.Nov.2023) â As part of its development as an integrated power player, TotalEnergies has signed an agreement with TexGen, a U.S.-based company to acquire […]
Exxon Turning Biomass into Fuel
(Exxon Mobil, 13.Nov.2023) â Making a global impact on climate change isnât easy. Reducing emissions on a global scale requires multiple solutions, and we believe […]
ExxonMobil Drilling First Lithium Well in Arkansas
(Exxon Mobil, 13.Nov.2023) â Exxon Mobil Corporation (NYSE: XOM) announced plans to become a leading producer of lithium, a key component of electric vehicle (EV) […]
Companies Ask US, EU to Intervene in Venture Global LNG Dispute
(Reuters, 11.Nov.2023) â BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the […]
Citgo Exits 3Q:23 with Liquidity of $3.86bn
(Citgo, 9.Nov.2023) Â â Citgo Petroleum Corporation reported its 2023 third quarter financial and operational results. Highlights: Net income of $567mn and EBITDA 1 of $895mn, compared to net income of $380 mn and […]
Citgo Concludes 2023 Marketer Roundtables
(Citgo, 9.Nov.2023) â Citgo Petroleum concluded its highly successful Marketer Roundtable Meetings for 2023, bringing together marketers from across the country to discuss key industry […]
Trek Bicycle and World Bicycle Relief Partner for Third Year in a Row
(Trek Bicycle, 9.Nov.2023) â Today, Trek Bicycle and World Bicycle Relief (WBR) announced their third annual holiday fundraiser to help mobilize people in rural communities with purpose-built Buffalo Bicycles. […]
ONEHOPE Wine Reaches Philanthropic Milestone
(ONEHOPE, 9.Nov.2023) â ONEHOPE, a Napa Valley winery founded with the mission to change the world by sharing wine and giving hope is pleased to announce surpassing ten […]
Sempra Price Public Offering of Common Stock
(Sempra, 7.Nov.2023) â Sempra (NYSE: SRE) (BMV: SRE) today announced that it has priced its registered public offering of 17,142,858 shares of its common stock in connection […]
Oxy Reports 3Q:23 Results [PDF Downloads]
(Oxy, 7.Nov.2023) â Occidental (NYSE: OXY) today announced net income attributable to common stockholders for the third quarter of 2023 of $1.2bn, or $1.20 per diluted share, […]
Oxy and BlackRock JV to Develop STRATOS DAC Plant
(Oxy, 7.Nov.2023) â Occidental (NYSE: OXY) announced today that BlackRock (NYSE: BLK) will invest $550mn on behalf of clients in the development of STRATOS, the world’s largest Direct […]
Ecopetrol 2023 Results: Second Best in History [PDF Downloads]
(Ecopetrol, 7.Nov.2023) â Within the framework of Ecopetrol‘s 15th anniversary celebration on the New York Stock Exchange, we hosted our Investor Day, during which we […]
New Fortress to Charter FSRU for LNG Import Terminal in Brazil
(Reuters, 6.Nov.2023) â Liquefied natural gas (LNG) developer New Fortress Energy said on Monday it has signed a deal to charter a floating storage and […]
Sempra Reports Strong 3Q:23 Earnings [PDF Downloads]
(Sempra, 3.Nov.2023) â Sempra (NYSE: SRE) (BMV: SRE) announced third-quarter 2023 earnings of $721mn, or $1.14 per diluted share, compared to third-quarter 2022 earnings of $485mn, or $0.77 per diluted share. On […]
Energy Transfer Completes Crestwood Acquisition
(Energy Transfer, 3.Nov.2023) â Energy Transfer LPÂ (NYSE: ET) announced completion of its previously announced merger with Crestwood Equity Partners LP. The merger was approved by […]
ConocoPhillips Comments on Venezuelan-Related Progress
(Energy Analytics Institute, 2.Nov.2023) â ConocoPhillips chairman and CEO Ryan Lance updated the analyst community on the companyâs situation regarding Venezuela and recently started auction […]
Tellurian Reports Large 3Q:23 Operating Loss [PDF Download]
(Tellurian, 2.Nov.2023) â Tellurian Inc. (NYSE American: TELL) continues to progress the production and sales of natural gas and the financing and construction of its […]
Local Trinidad Operator Expresses Interest in Citgo Assets
(Trinidad Express, 2.Nov.2023) â Decker Petroleum and Marketing Company Ltd (DPMCL), based in Trinidad and Tobago, has written the US District Court of Delaware officially […]
ExxonMobil Completes Denbury Acquisition
(ExxonMobil, 2.Nov.2023) â Exxon Mobil Corporation (NYSE: XOM) has closed its acquisition of Denbury Inc. (NYSE: DEN) in an all-stock transaction valued at $4.9bn, or […]
Cheniere Provides 3Q:23 Financial Highlights [PDF Downloads]
(Cheniere, 2.Nov.2023) â Cheniere Energy, Inc. (NYSE American: LNG) updated investors on recent highlights during the third quarter of 2023. During the three and nine […]
Cheniere and Foran Energy Ink Long-Term LNG SPA
(Cheniere, 2.Nov.2023) â Cheniere Energy, Inc. (NYSE American: LNG) announced that Cheniereâs subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas (LNG) […]
ConocoPhillips Reports 3Q:23 Results [PDF Downloads]
(ConocoPhillips, 2.Nov.2023) â ConocoPhillips (NYSE: COP) reported third-quarter 2023 earnings of $2.8bn, or $2.32 per share, compared with third-quarter 2022 earnings of $4.5bn, or $3.55 […]
Apache Corp Expands Award-Winning Tree Grant Programme to Scotland
(APA Corporation, 1.Nov.2023) â Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the launch of the Apache Tree Grant Programme in Scotland […]
APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]
(APA Corporation, 1.Nov.2023) â APA Corporation (Nasdaq: APA) announced its financial and operational results for the third quarter of 2023. APA reported net income attributable to […]
Bristow Reports 3Q:23 Results
(Bristow, 1.Nov.2023) â Bristow Group Inc. (NYSE: VTOL) reported net income attributable to the company of $4.3mn, or $0.15 per diluted share, for its quarter ended 30 Sep. 2023 […]
1PointFive and TD Announce Direct Air Capture Carbon Removal Credit
(1PointFive, 31.Oct.2023) â 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group, announced a purchase of carbon dioxide removal (CDR) credits from […]
Marathonâs SVP Heppner Says Company Not Interested in Citgo Assets
(Energy Analytics Institute, 31.Oct.2023) â Marathon Petroleum Corporationâs senior vice president of strategy and business development, Dave Heppner, responded to questions from analysts during the […]
Noble Corp. Reports 3Q:23 Results [PDF Download]
(Noble, 31.Oct.2023) â Noble Corporation plc (NYSE: NE, CSE: NOBLE) reported third quarter 2023 results. Highlights: Increasing quarterly dividend to $0.40 per share in the fourth […]
Denbury Shareholders Approve Merger with Exxon Mobil
(Reuters, 31.Oct.2023) â (DEN.N) said on Tuesday its shareholders approved the company’s merger with Exxon Mobil (XOM.N), with the deal closing expected on Nov. 2. Exxon Mobil […]
Venezuelan Oil Sanctions Relief at Risk as Court Suspends Opposition Primary Results
(S&P Global, 30.Oct.2023) â The Supreme Court of Justice (TSJ) in Venezuela ordered the suspension of the results of the opposition’s primary elections which was […]
Tetra Reports 3Q:23 Results, Updates on Lithium Brine Unit
(TETRA, 30.Oct.2023) â TETRA Technologies, Inc. (NYSE:TTI) today announced third quarter 2023 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, “In addition to […]
Azure Sustainable Fuels Solidifies Strategic Partnership with Savage
(Azure, 30.Oct.2023) â Azure Sustainable Fuels Corp. has formed a strategic partnership with global supply chain company, Savage, and its agribusiness, Bartlett. Together with the […]
ExxonMobil Announces 3Q:23 Results [PDF Downloads]
(ExxonMobil, 27.Oct.2023) â Exxon Mobil Corporation announced third-quarter 2023 earnings of $9.1bn, or $2.25 per share assuming dilution. Cash flow from operations was $16bn, up […]
Chevron Reveals 3Q:23 Results, Comments on Hess Deal [PDF Downloads]
(Chevron, 27.Oct.2023) â Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per […]
bp Boosts EV Charging Network with $100mn Order from Tesla
(bp, 26.Oct.2023) â Today bp (NYSE: bp) announced a deal in which bp pulse, bpâs EV charging business, will acquire ultra-fast charging hardware units from […]
Big Oil: Upstream M&A Gets Serious
(WoodMac, 26.Oct.2023) â ExxonMobilâs and Chevronâs belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US […]
Marathon Declares 3Q:23 Dividend
(Marathon, 25.Oct.2023) â Marathon Oil Corporation‘s (NYSE: MRO) board of directors has declared a dividend of 11 cents per share on Marathon common stock. The dividend is payable […]
Hess Reports 3Q:23 Operational Highlights [PDF Download]
(Hess, 25.Oct.2023) â Hess Corporation (NYSE: HES) reported net income of $504mn, or $1.64 per share, in the third quarter of 2023, compared with net […]
Baker Hughes Reports 3Q:23 Results [PDF Downloads]
(Baker Hughes, 25.Oct.2023) â Baker Hughes Company (Nasdaq: BKR) announced results today for the third quarter of 2023. Highlights: Orders of $8.5bn for the quarter, up 40% year-over-year.Revenue of $6.6bn for the […]
TotalEnergies Awarded 25-year Renewable Deal in New York
(TotalEnergies, 25.Oct.2023) â TotalEnergies and its partners, Corio Generation and Rise Light & Power announce that New York State selected their Attentive Energy One project for a […]
Nabors Reports 3Q:23 Results
(Nabors, 25.Oct.2023) â Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss […]
Venture Global Closes $4bn Senior Secured Notes Offering
(Venture Global LNG, 24.Oct.2023) â Venture Global LNG, Inc. closed its offering of $4bn aggregate principal amount of senior secured notes which have been issued in two […]
Range Announces 3Q:23 Results [PDF Download]
(Range Resources, 24.Oct.2023) â Range Resources Corporation (NYSE: RRC) announced its third quarter 2023 financial results. ____________________
FMC Updates to 3Q:23 and YE:23 Outlook
(FMC, 23.Oct.2023) â FMC Corporation (NYSE:FMC) provided an update on third quarter expectations compared to its previously provided outlook. Revenue in the third quarter is […]
Nucor Corp. Reports 3Q:23 Results
(Nucor, 23.Oct.2023) â Nucor Corporation (NYSE: NUE) announced consolidated net earnings attributable to Nucor stockholders of $1.14bn, or $4.57 per diluted share, for the third quarter of 2023. By […]
Venezuelan Oil-Sanctions Relief Was Just Announced. It Could Be Tested Soon
(Barronâs, 23.Oct.2023) â The U.S. administrationâs new oil sanctions relief toward Venezuela is broad-ranging and impactful. Itâs unlikely to have any immediate effect on international oil prices, […]
Welligence says Hess Corporation gives Chevron Atlantic margin exposure
PANAMA CITY, PANAMA (Energy Analytics Institute, 23.Oct.2023, Words: 203) â US-based Chevron Corporation will acquire Hess Corporation for $60bn (including net debt), the second giant […]
Chevron to Acquire Hess in $53bn All-Stock Deal
(Chevron, 23.Oct.2023) â Chevron Corporation (NYSE: CVX) has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares […]