(PNM Resources, 2.Jan.2024) â PNM Resources (NYSE:Â PNM) announces the termination of its merger agreement with Avangrid. While the PNM Resources Board of Directors approved an […]
Category: USA
enCore Energy Starts Trading on Nasdaq Capital Market
(enCore Energy, 2.Jan.2024) â enCore Energy Corp. (NASDAQ: EU) (TSXV: EU), a uranium producer in the United States, commences trading on the Nasdaq Capital Market. The company […]
EAIâs NRGBriefs: Dec. 2023
(Energy Analytics Institute, 31.Dec.2023) â Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex […]
NextEra Completes sale of Texas Natural Gas Pipeline Portfolio
(NextEra Energy Partners, 28.Dec.2023) â NextEra Energy Partners, LP (NYSE: NEP) closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline […]
AEP to Divest New Mexico Solar Assets
(American Electric Power, 26.Dec.2023) â American Electric Power (Nasdaq:Â AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC […]
NMPRC Approves PNM Distribution Battery Storage Projects
(NMPRC, 26.Dec.2023) â The New Mexico Public Regulation Commission (NMPRC) approved the application from Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources (NYSE: PNM), […]
Ellipsis US Acquires Additional Onshore Assets
(Ellipsis, 22.Dec.2023) â Ellipsis U.S. Onshore Holdings LLC, a portfolio company of Westlawn Group LLC, announced the acquisition of additional assets located in multiple onshore U.S. […]
Tellurian to Pay Over $7mn to Departing Souki [PDF Download]
(Energy Analytics Institute, 20.Dec.2023) â Tellurian Inc., which is developing the Driftwood LNG project in Louisiana, revealed details regarding compensation for Charif Souki. âAs previously […]
Kodiak Gas to Buy CSI Compressco in $854mn All-Equity Deal
(CSI Compressco, 19.Dec.2023) â Kodiak Gas Services, Inc. (NYSE:Â KGS) and CSI Compressco LP (NASDAQ:Â CCLP) executed a definitive merger agreement under which Kodiak will acquire CSI […]
Shell Invests in GOM Sparta Development
(Shell, 19.Dec.2023) â Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf […]
enCore Energy Transfers to NASDAQ
(enCore Energy Corp., 19.Dec.2023) â enCore Energy Corp. (NYSE American: EU) (TSXV: EU) will transfer its stock exchange listing to the Nasdaq Capital Market from […]
Treasury International Capital Data for Oct.
(US Treasury, 19.Dec.2023) â The US Department of the Treasury released Treasury International Capital (TIC) data for Oct. 2023. The next release, which will report […]
Nature Wood Announces 1H:23 Financial Results
(Nature Wood, 18.Dec.2023) â Nature Wood Group Limited disclosed its unaudited financial results for the six months ended 30 Jun. 2023. Financial Highlights: Total revenue […]
KAES to Buy Wever Fertilizer Plant from OCI Global for $3.6bn
(KAES, 18.Dec.2023) â Koch Ag & Energy Solutions (KAES), a global provider of solutions for the agriculture, energy and chemical markets, announced an agreement to […]
Steel Dynamics Provides 4Q:23 Earnings Guidance
(Steel Dynamics, 15.Dec.2023) â Steel Dynamics, Inc. (NASDAQ/GS: STLD) provided fourth quarter 2023 earnings guidance in the range of $2.60 to $2.64 per diluted share. Comparatively, the company’s third quarter […]
TG Natural Resources to Buy Rockcliff Energy for $2.7bn
(Quantum, 15.Dec.2023) â Rockcliff Energy II LLC, a portfolio company of Quantum Energy Partners, announced the entry into a definitive agreement with TG Natural Resources […]
S&P Global Releases its 2024 Energy Outlook
(S&P Global, 14.Dec.2023) â Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]
Chinaâs Solar Production Costs Fall by 42% in Last Year
(WoodMac, 14.Dec.2023) â The cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W) […]
Shell Assumes 100% Working Interest in US GOM Kaikias Field
(Shell, 13.Dec.2023) â Shell Offshore Inc., a subsidiary of Shell plc (Shell), acquired the 20% working interest (WI) of MOEX North America LLC, a 100% […]
Shell Takes FID for Phased Wells at Perdido in US Gulf of Mexico
(Shell, 12.Dec.2023) â Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced the Final Investment Decision (FID) for a phased campaign to deliver three wells […]
Tellurian BODs names Daniel Belhumeur as President
(Tellurian, 11.Dec.2023) â Tellurian Inc. (NYSE American: TELL) announced that following the appointment of Martin J. Houston as Chairman of the Board, the Board of […]
Shell to Divest Partial Stake in Projects to InfraRed Capital Partners
(Shell, 11.Dec.2023) â Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two […]
Occidental to Buy CrownRock for $12bn
(Oxy, 11.Dec.2023) â Occidental (NYSE: OXY) entered into a purchase agreement to acquire Midland-based oil and gas producer CrownRock L.P., a joint venture of CrownQuest Operating […]
Martin Houston Becomes Tellurian Chairman [PDF Download]
(Tellurian, 8.Dec.2023) â Tellurian Inc. (NYSE American: TELL) announced that its Board of Directors has named Martin Houston, Co-Founder and Vice Chairman, to be Chairman […]
Hull Street Energy Buys California Natural Gas-Fired Power Plant
(Hull, 7.Dec.2023) â Hull Street Energy has acquired 100% of EF Oxnard, LLC from an affiliate of Atlantic Power & Utilities. Located in Oxnard, California, EF […]
Thayer Infrastructure Services Acquires Dynetek Solutions
(TIS, 7.Dec.2023) â Thayer Infrastructure Services, LLC (TIS), an infrastructure services providers in the power, fiber, and wireless communications construction industries, announced today the completed […]
Sempra Named Among Newsweek’s ‘Most Responsible Companies’
(Sempra, 7.Dec.2023) â Sempra (NYSE: SRE) (BMV: SRE) has been recognized by Newsweek as one of “America’s Most Responsible Companies” for 2024, earning this distinction for the […]
Talos Energy Provides Operational Updates
(Energy Analytics Institute, 7.Dec.2023) â Talos Energy Inc. (NYSE: TALO) provided operational updates related to its operations in the Gulf of Mexico and first production from […]
Chevron Reveals $16bn Capex Budget for 2024
(Chevron, 6.Dec.2023) â Chevron Corporation (NYSE: CVX) announced an expected organic capital expenditure range of $15.5bn to $16.5bn for consolidated subsidiaries (capex) and an affiliate […]
Secretary Blinkenâs Call with Guyana’s President Irfaan Ali
(US Treasury, 6.Dec.2023) â Secretary of State Antony J. Blinken spoke with Guyanese President Dr. Mohamed Irfaan Ali to reaffirm the United Statesâ unwavering support […]
ExxonMobil on Earnings from 2019-2027 [PDF Download]
(ExxonMobil, 6.Dec.2023) â ExxonMobil gave an update to its Corporate Plan through 2027, reflecting continued execution of its strategy to provide the products society needs and to […]
Air Burners Launches BioCharger
(Air Burners, 5.Dec.2023) â Air BurnersÂź, the leading manufacturer of air curtain burner systems worldwide, collaborated with Rolls-Royce and Volvo Construction Equipment to develop and […]
Increased Market Share Expected as Investment Builds for Low-Carbon Hydrogen
(WoodMac, 5.Dec.2023) â Oil and gas Majors have just an 8% market share of announced global net low-carbon hydrogen production capacity, which equates to 102.6 million […]
Southwest Gas Provides Update on Centuri
(Southwest Gas, 4.Dec.2023) â Southwest Gas Holdings, Inc. (NYSE:Â SWX) today announced its intent to pursue an initial public offering (IPO) of newly issued shares of […]
Rockefeller Foundation Commits $100mn for Climate Solutions
(The Rockfeller Foundation, 2.Dec.2023) â The Rockefeller Foundation is announcing a $100mn commitment to address the health impacts of climate change. Joining 40 multilateral development banks, […]
Cheniere Inks Production Marketing Agreement with ARC Resources
(Cheniere Energy, 29.Nov.2023) â Cheniere Energy, Inc. (NYSE American: LNG) and Cheniere Energy Partners, LP (NYSE American: CQP) announced that Sabine Pass Liquefaction Stage V, […]
GoldMining on Equity Distribution Agreement with Syndicate Agents
(GoldMining, 24.Nov.2023) â GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) entered into an equity distribution agreement dated 24 Nov. 2023 with a syndicate of agents, including […]
Trump Tells President-elect Javier Milei he Plans to Visit Buenos Aires
(AP, 23.Nov.2023) â Former President Donald Trump has told Argentinaâs President-elect Javier Milei that he plans to travel to the South American country so the two can […]
Venezuela Producing 850,000 bpd, Hopes to Recover US Market
(Reuters, 22.Nov.2023) â Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country’s […]
Projeo Awarded $38mn from Energy Department for CarbonSAFE
(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 […]
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 […]