(Reuters, 16.Oct.2023) â Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while investors continued […]
Category: USA
US to Ease Sanctions on Venezuelan Oil for Freer Presidential Election
(The Washington Post, 16.Oct.2023) â The Biden administration and the government of Venezuelan President NicolĂĄs Maduro have agreed to a deal in which the U.S. […]
Ellipsis US Onshore Buys Additional Delaware Basin Assets
(Ellipsis, 16.Oct.2023) â 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-â Harris Administration Announces Regional Clean Hydrogen Hubs
(The White House, 13.Oct.2023) â 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 Worldâs First Megamajor
(WoodMac, 12.Oct.2023) â Addressing ExxonMobilâs purchase of Pioneer Natural Resources, Tom Ellacott, senior vice president of Corporate Research for Wood Mackenzie said, âWe predicted several […]
ExxonMobil Announces $59.5bn Merger with Pioneer in an All-Stock Deal
(ExxonMobil, 11.Oct.2023) â 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) â 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) â 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 CallÂ
(APA, 5.Oct.2023) â 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) â 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) â TotalEnergies and Borealis celebrate the start-up of their Baystar joint ventureâs new 625,000 metric ton-per-year BorstarÂź polyethylene (PE) unit, which more than […]
CGG Releases New GeoVerse Carbon Storage Study for Gulf of Mexico
(CGG, 3.Oct.2023) â CGG announced the delivery of the eastern phase of its GeoVerseâą Carbon Storage Gulf of Mexico Study and commencement of the westward […]
APA Corporation Reduces Methane Emissions
(APA, 3.Oct.2023) â 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) â 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) â Occidental (NYSE: OXY) announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a […]
EAIâs NRGBriefs: Sep. 2023
(Energy Analytics Institute, 30.Sep.2023) â 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) â Offshore development of new gas assets has been identified as a key piece to Colombiaâs long-term energy security, but significant challenges remain. […]
Nucor and Helion to Develop 500 MW Fusion Power Plant [PDF Download]
(Nucor, 27.Sep.2023) â Today, Nucor Corporation (NYSE:Â NUE) announced a collaboration with fusion power company, Helion to develop a 500 MWÂ fusion power plant. This transformational project […]
Tania Ortiz Mena Appointed President of Sempra Infrastructure
(Sempra, 27.Sep.2023) â 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) â 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) â 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) â 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) â Southern Power, an U.S. wholesale energy provider and subsidiary of Southern Company, announced the acquisition of its 29th solar project â […]
PNM Agreement for San Juan Credits Approved
(PNM Resources, 21.Sep.2023) â 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) â 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) â 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) â 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) â Brazil is calling on wealthy nations to pay for the worldâs 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) â 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) â 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 âARMNâ
(Aris Mining, 14.Sep.2023) â 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) â 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) â Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvitaâs first full-scale […]
Ecovyst Plans Expansion of Kansas City, KS Silica Catalyst Production Capability
(Ecovyst, 13.Sep.2023) â Ecovyst Inc. announced plans to expand silica catalyst production capability at its manufacturing facility in Kansas City, KS. The company expects that growing […]
Citgo Valued at $32bn-$40bn Ahead of Auction of Shares
(Reuters, 12.Sep.2023) â Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company at between $32 billion and $40 billion, according to a […]
Chevron Acquires Majority Stake in Hydrogen Project in Delta, Utah
(Chevron, 12.Sep.2023) â Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of […]
Which Creditors Will Have Priority for Citgo Share Auction?
(Reuters, 12.Sep.2023) â A U.S. judge in Delaware on Tuesday will set the procedure for an upcoming auction of shares in a parent of Venezuela-owned […]
Ecopetrol Adjusts its 2040 Strategy, Called “Energy that Transforms”
(Ecopetrol, 11.Sep.2023) â Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that as part of the Investor Day celebration at the New York Stock Exchange (NYSE), on 11 September […]
McDermott to Position Company for Long-term Success
(McDermott, 8.Sep.2023) â McDermott International, Ltd has entered into a transaction support agreement with more than 75%, in aggregate, of its secured letter of credit […]
Schneider Electric to Build Sustainable and Energy Efficient Homes
(Schneider Electric, 7.Sep.2023) â Schneider Electric is renewing its long-standing partnership with Habitat for Humanity International. Through the partnership, Schneider Electric will contribute nearly $800,000 in monetary […]
Bristow and Volocopter to Bring UAM Services to US and UK
(Bristow, 7.Sep.2023) â Bristow Group Inc. (NYSE:Â VTOL), a global provider of innovative and sustainable vertical flight solutions, and Volocopter, the pioneer of Urban Air Mobility […]
Repsol Enters US Onshore Wind Market with Acquisition of ConnectGen
(Repsol, 7.Sep.2023) â Repsol has taken a significant step to accelerate its multi-energy transformation to net zero emissions by 2050. The Spanish company signed today […]
Ecopetrol to Host Investor Day on Strategy 2040
(Ecopetrol, 6.Sep.2023) â Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that next Monday, 11 September 2023, it will hold an Investor Day to commemorate the company’s 15th anniversary of […]
Venture Global and Baker Hughes Expand Master Equipment Supply Agreement
(Venture Global, 5.Sep.2023) â Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than […]
Tellurian and Baker Hughes Reveal Deal for Driftwood LNG Phase 1
(Tellurian, 5.Sep.2023) â Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) announced Wednesday an agreement to supply eight main refrigerant compression packages for […]
Shell, Trinidad Weigh Venezuela’s Natural Gas Investment Plans
(Reuters, 5.Sep.2023) â Shell (SHEL.L) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run oil firm for its $1 billion […]
EAIâs NRGBriefs: Aug. 2023
(Energy Analytics Institute, 31.Aug.2023) â Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process […]
Equinor Acquires Stake in Bayou Bend CCS Project
(Equinor, 28.Aug.2023) â Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and […]
Coast Guard to Host Exercise in Corpus Christi
(Port of Corpus Christi, 25.Aug.2023) â The Port of Corpus Christi and United States Coast Guard (USCG) Sector Corpus Christi are co-sponsoring a full-scale exercise, […]
McDermott Eyes LatAm with Addition of Transactions Partner
(McDermott Will & Emery, 24.Aug.2023) â International law firm McDermott Will & Emery welcomes Howard Kleinman as a partner in the Transactions Practice Group. Howard brings extensive international experience in […]