(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 […]
Category: USA
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 […]
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 […]
Venezuela, Opposition Will Restart Talks, US Could Ease Sanctions
(Reuters, 16.Oct.2023) — Venezuela’s government and the country’s opposition will return to political negotiations, the two sides said on Monday, while sources said the United […]
Oil Dips Below $90 a Barrel as US Agrees Venezuela Deal
(Reuters, 16.Oct.2023) — Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while investors continued […]
US to Ease Sanctions on Venezuelan Oil for Freer Presidential Election
(The Washington Post, 16.Oct.2023) — The Biden administration and the government of Venezuelan President Nicolás Maduro have agreed to a deal in which the U.S. […]
Ellipsis US Onshore Buys Additional Delaware Basin Assets
(Ellipsis, 16.Oct.2023) — Ellipsis U.S. Onshore Holdings LLC, a portfolio company of Westlawn Group LLC, announced the acquisition of additional assets located in the Delaware Basin of Texas and New […]
Biden-Harris Administration Announces Regional Clean Hydrogen Hubs
(The White House, 13.Oct.2023) — Today, President Biden and Energy Secretary Jennifer Granholm are announcing seven regional clean hydrogen hubs that were selected to receive […]
ExxonMobil Purchase of Pioneer Creates World’s First Megamajor
(WoodMac, 12.Oct.2023) — Addressing ExxonMobil’s purchase of Pioneer Natural Resources, Tom Ellacott, senior vice president of Corporate Research for Wood Mackenzie said, “We predicted several […]
ExxonMobil Announces $59.5bn Merger with Pioneer in an All-Stock Deal
(ExxonMobil, 11.Oct.2023) — ExxonMobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is […]
Tania Ortiz Appointed to BODs of US-Japan Business Council
(Sempra, 10.Oct.2023) — Sempra Infrastructure, a subsidiary of Sempra, announced that its president, Tania Ortiz Mena, has been appointed to the Board of Directors for the US Chamber of […]
Head of Exxon’s Shale Business Faces Sexual Assault Charge in Texas
(Reuters, 8.Oct.2023) — The head of Exxon Mobil‘s shale oil and gas business, a unit involved in merger talks with rival Pioneer Natural Resources, was arrested at […]
APA Reveals 3Q:23 Guidance, Schedules Results Conference Call
(APA, 5.Oct.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain third-quarter 2023 financial and operational results. This information is intended only to provide […]
Hyundai Electric Vehicles to Add North American Charging Standard
(Hyundai, 5.Oct.2023) — Hyundai Motor North America is adopting North American Charging Standard (NACS) ports for its electric vehicles (EVs) in the United States and Canada. In the United […]
TotalEnergies and Borealis Start Up Baystar JV Polyethylene Unit
(TotalEnergies, 3.Oct.2023) — TotalEnergies and Borealis celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar® polyethylene (PE) unit, which more than […]
CGG Releases New GeoVerse Carbon Storage Study for Gulf of Mexico
(CGG, 3.Oct.2023) — CGG announced the delivery of the eastern phase of its GeoVerse™ Carbon Storage Gulf of Mexico Study and commencement of the westward […]
APA Corporation Reduces Methane Emissions
(APA, 3.Oct.2023) — APA Corporation (Nasdaq: APA) announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devices […]
ADNOC and Occidental to Advance Direct Air Capture Project in the UAE
(ADNOC, 3.Oct.2023) — ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air […]
Oxy, ADNOC to Commence Study of a DAC Facility in the UAE
(Oxy, 3.Oct.2023) — Occidental (NYSE: OXY) announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a […]
EAI’s NRGBriefs: Sep. 2023
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards […]