(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 […]
Category: USA
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 […]
New Offshore Colombian Developments Face Challenges: WoodMac
(WoodMac, 28.Sep.2023) — Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. […]
Nucor and Helion to Develop 500 MW Fusion Power Plant [PDF Download]
(Nucor, 27.Sep.2023) — Today, Nucor Corporation (NYSE: NUE) announced a collaboration with fusion power company, Helion to develop a 500 MW fusion power plant. This transformational project […]
Tania Ortiz Mena Appointed President of Sempra Infrastructure
(Sempra, 27.Sep.2023) — Sempra Infrastructure, a subsidiary of Sempra, announced that Tania Ortiz Mena has been appointed president of Sempra Infrastructure. In this role, Ortiz Mena will lead the company’s […]
Port of Corpus Christi Ship Channel Improvement Project Advances to Final Phase
(Port of Corpus Christi, 26.Sep.2023) — The U.S. Army Corps of Engineers (USACE) has awarded the fourth and final contract of the Port of Corpus […]
bp Inks MOU with Subsea Integration Alliance
(bp, 25.Sep.2023) — bp has signed a Memorandum of Understanding (MoU) with Subsea Integration Alliance aimed at developing a framework to enhance subsea project performance. […]
Chevron Readies New Oil Drilling Push in Venezuela to Boost Output
(Reuters, 25.Sep.2023) — Chevron Corp (CVX.N) plans to add 65,000 barrels per day (bpd) of Venezuelan oil output by the end of 2024 through its first major […]
Southern Power Acquires Millers Branch Solar Facility
(Southern Power, 21.Sep.2023) — Southern Power, an U.S. wholesale energy provider and subsidiary of Southern Company, announced the acquisition of its 29th solar project — […]
PNM Agreement for San Juan Credits Approved
(PNM Resources, 21.Sep.2023) — Today the New Mexico Public Regulation Commission (NMPRC) approved the unanimous settlement agreement reached by Public Service Company of New Mexico (PNM), a wholly-owned […]
Coherix Technology Improves EV Battery Quality While Reducing Cost
(Coherix, 20.Sep.2023) — Michigan-based Coherix is developing quality-control technology that can improve EV-battery safety, service life and quality while reducing production costs. The company has […]
BMO Donates $3mn to Provide Solar Energy Solutions for Low-Income Families
(BMO, 18.Sep.2023) — BMO announced a $3mn donation in support of GRID Alternative’s (GRID) low-to-no cost solar energy systems and storage, clean mobility, and job training programs […]
EQT Inks 15-Year Tolling Agreement with Commonwealth LNG
(EQT, 18.Sep.2023) — EQT Corporation (NYSE: EQT) has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwealth LNG‘s facility in Cameron, Louisiana to […]
Brazil Calls on Rich Nations to Pay for Global Energy Transition
(Bloomberg, 17.Sep.2023) — Brazil is calling on wealthy nations to pay for the world’s transition to sustainable energy as these countries need bolder commitments to […]
Hess Announces Collector’s Edition Ocean Explorer, Now On Sale
(Hess, 15.Sep.2023) — Hess Corporation announced that the special limited Collector’s Edition Ocean Explorer toy, commemorating Hess Corporation’s 90th anniversary, is now on sale exclusively at HessToyTruck.com for $59.99 with free […]
Arena Energy Awarded Seven Blocks in GOM Lease Sale 259
(Arena, 14.Sep.2023) — Arena Energy, LLC, an independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently announced it was awarded […]
Aris Starts Trading on NYSE American LLC as “ARMN”
(Aris Mining, 14.Sep.2023) — Aris Mining Corporation’s (TSX: ARIS) (NYSE-A: ARMN) common shares will commence trading on the NYSE American LLC at market open today […]
Citgo Petroleum Prices $1.10bn Senior Secured Notes
(Citgo, 14.Sep.2023) — Citgo Petroleum Corporation has priced $1.10bn aggregate principal amount of 8.375% senior secured notes due 2029 in a private offering exempt from the registration […]
United to Buy up to One Billion Gallons of SAF from Cemvita
(United/Cemvita, 13.Sep.2023) — Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s first full-scale […]
Ecovyst Plans Expansion of Kansas City, KS Silica Catalyst Production Capability
(Ecovyst, 13.Sep.2023) — Ecovyst Inc. announced plans to expand silica catalyst production capability at its manufacturing facility in Kansas City, KS. The company expects that growing […]