(Sempra, 3.Nov.2023) — 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 […]
Category: USA
Energy Transfer Completes Crestwood Acquisition
(Energy Transfer, 3.Nov.2023) — Energy Transfer LP (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) — ConocoPhillips chairman and CEO Ryan Lance updated the analyst community on the company’s situation regarding Venezuela and recently started auction […]
Tellurian Reports Large 3Q:23 Operating Loss [PDF Download]
(Tellurian, 2.Nov.2023) — 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) — 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) — 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) — 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) — Cheniere Energy, Inc. (NYSE American: LNG) announced that Cheniere’s 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) — 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) — 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) — 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) — 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) — 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group, announced a purchase of carbon dioxide removal (CDR) credits from […]
Marathon’s SVP Heppner Says Company Not Interested in Citgo Assets
(Energy Analytics Institute, 31.Oct.2023) — Marathon Petroleum Corporation’s 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) — 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) — (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) — 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) — 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) — 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) — 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) — 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) — Today bp (NYSE: bp) announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from […]
Big Oil: Upstream M&A Gets Serious
(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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
(Barron’s, 23.Oct.2023) — The U.S. administration’s new oil sanctions relief toward Venezuela is broad-ranging and impactful. It’s 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) — 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) — Chevron Corporation (NYSE: CVX) has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares […]
Nucor Exploring Potential Sites in the Pacific Northwest to Build New Rebar Micro Mill
(Nucor, 20.Oct.2023) — Nucor Corporation (NYSE: NUE) is exploring potential sites in the Pacific Northwest to build a new rebar micro mill with an annual capacity […]
SLB Reports Strong 3Q:23 Results [PDF Downloads]
(SLB, 20.Oct.2023) — SLB (NYSE: SLB) announced results for the third-quarter 2023 and SLB CEO Olivier Le Peuch commented: “Our third-quarter results continue to reflect strong year-to-date […]
Trinidad Approved to Pay PDVSA
(Welligence, 19.Oct.2023) — Trinidad & Tobago (T&T) has received approval from the US government to pay PDVSA, the Venezuelan NOC, in cash for gas from Venezuela. […]
CSI Compressco Reveals Quarterly Distribution, Schedules 3Q:23 Earnings Call
(CSI Compressco, 19.Oct.2023) — CSI Compressco LP (NASDAQ: CCLP) announced that the board of directors of its general partner has declared a cash distribution attributable to […]
Biden Eases Sanctions on Venezuelan Oil, Republicans Howl
(Politico, 18.Oct.2023) — The Biden administration said Wednesday it will ease sanctions against companies that trade in oil produced in Venezuelan or invest in the […]
Venezuela’s Oil Sanctions Relief May Lift Profits, No Fast Output Rebound
(Reuters, 18.Oct.2023) — A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but could boost profits by returning some foreign companies […]
FAQ: Suspension of Certain US Sanctions on Venezuela [PDF Downloads]
(US Department of State, 18.Oct.2023) — On October 18, 2023, the United States welcomed the announcement of a political agreement between representatives of Maduro and […]
Venezuela to Divert Barrels from China if US Continues Easing Sanctions
(Reuters, 18.Oct.2023) — Exemptions to sanctions on Venezuelan oil exports that the U.S. is mulling should not result in a large crude production surge in the […]
SOAR Energy Launches SolarScan, an AI-Powered Home Energy Assessment Tool
(SOAR Energy, 18.Oct.2023) — SOAR Energy, a growing solar company powered by Better Earth, today announced the launch of SolarScan, its artificial intelligence (AI) and machine […]
Venezuelan Oil Output Could Jolt if Reported Sanctions Deal Transpires: Rystad
(Rystad, 17.Oct.2023) — A reported deal between the US and Venezuela to ease sanctions on the South American country’s oil industry could pave the way […]
US State Department: Joint Statement on Venezuela Negotiations
(US Department of State, 17.Oct.2023) — The following statement was released by Secretary of State Antony J. Blinken, the EU High Representative for Foreign Affairs […]
US Grants License Amendment to Trinidad for Joint Natgas Project with Venezuela
(Reuters, 17.Oct.2023) — The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development […]
Trinidad on Amendment to OFAC License [Video]
(TT MEEI, 17.Oct.2023) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister […]
Venezuelans Return to Negotiations
(US Treasury, 16.Oct.2023) — The United States welcomes the announcement by Nicolas Maduro representatives and the Unitary Platform to resume Venezuelan-led negotiations in Barbados. Along […]
River Metals Recycling Announces Acquisition
(Nucor, 16.Oct.2023) — Nucor Corporation (NYSE: NUE) announced an acquisition today on behalf of its recycling subsidiary River Metals Recycling (RMR). RMR has acquired all Cincinnati-based Garden […]