(National Oceanic and Atmospheric Administration or NOAA, 11.Jan.2023) — A new report from the U.N., which includes key scientific contributions from NOAA and international partners, […]
Category: USA
ExxonMobil to Divest Interest in Esso Thailand
(Exxon, 11.Jan.2023) — ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution […]
Houston Texans to Purchase Carbon Removal Credits
(Oxy, 6.Jan.2023) — 1PointFive, a subsidiary of Occidental’s (NYSE: OXY) Low Carbon Ventures (OLCV) business, today announced an agreement and sponsorship with the Houston Texans […]
Exiled Venezuela Lawmakers Chosen to Lead Anti-Maduro Fight
(AP, 5.Jan.2023) — Venezuela’s opposition has selected an all-female team of mostly unknown exiled former lawmakers to replace the beleaguered Juan Guaidó as the face […]
Global LNG Represents 39% of EU Gas Imports in 2022
(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of […]
![Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/01/guyana-4-developments-source-hess.png)
Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]
(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The […]
Trinity Gas Storage Closes Financing with Transition Equity Partners
(Trinity, 4.Jan.2023) — Trinity Gas Storage, LLC announced the closing of financing by Transition Equity Partners, LLC (TEP) to advance the development of Trinity Gas […]
New Nucor Steel Brandenburg Plate Mill Rolls First Plate
(Nucor, 3.Jan.2023) — Nucor Corporation (NYSE: NUE) announced today that the company’s new state-of-the-art steel plate mill in Brandenburg, Kentucky, rolled its first steel plate on Friday, 30 […]
Talos Achieves Successful Results from Lime Rock and Venice Prospects
(Talos, 3.Jan.2023) — Talos Energy Inc. (NYSE: TALO) today announced that the company’s Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas […]
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on […]
Chevron Sending Two Oil Tankers to Venezuela Under US Approval
(Reuters, 30.Dec.2022) — U.S. oil company Chevron Corp (CVX.N) is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined […]
US Offers Credit for New Qualified Clean Vehicles
(IRS, 30.Dec.2022) — If you bought and placed in service a new qualified plug-in electric vehicle (EV) or fuel cell vehicle (FCV) on 1 January […]
EDF Divests Interest in Five Wind Projects in the US
(EDF Renewables, 29.Dec.2022) — EDF Renewables North America announced today it has completed the transaction with Boralex Inc. (TSX: BLX) by which Boralex has acquired EDF Renewables’ […]
Boralex Buys 50% Stake in Five US Wind Farms
(Boralex, 29.Dec.2022) — Boralex Inc. (TSX: BLX), a leader in renewable energy, today announced it has completed the acquisition of EDF Renewables North America’s interest […]
Diesel Prices in 2023? Don’t Expect Much Relief
(Investor’s Business Day, 29.Dec.2022) — U.S. diesel prices hit all time highs in 2022 as demand surged and supplies of the critical heating and transportation […]
![FACT BOX: Keystone Pipeline System [MAP]](https://energy-analytics-institute.org/wp-content/uploads/2022/12/canada_xl-pipeline_source-tc-energy.png)
FACT BOX: Keystone Pipeline System [MAP]
(TC Energy, 29.Dec.2022) — The Keystone Pipeline System, stretching 4,324 km (2,687-miles) in length, plays a key role in delivering Canadian and U.S. crude oil […]
Newpark Completes Gulf of Mexico Transactions
(Newpark Resources, 28.Dec.2022) — Newpark Resources, Inc. (NYSE: NR) completed the previously announced transactions, which effectively provide for the company’s exit from the Gulf of Mexico market. The […]
November 2022 – Commentary from Dan Pickering
(Pickering Energy Partners, 28.Dec.2022) — November was a generally sidewise month for energy while the S&P500 enjoyed a bear market rally. The S&P500 gained +5.6% […]
Sempra Inks SPA with RWE for Port Arthur LNG
(Sempra Infrastructure, 28.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) […]
Talos Successfully Completes Fall Borrowing Base Redetermination
(Talos, 27.Dec.2022) — Talos Energy Inc. (NYSE: TALO) announced that its current borrowing base was reaffirmed at $1.1bn as part of its semi-annual redetermination process for the fall […]
Marathon Oil Completes Eagle Ford Acquisition
(Marathon, 27.Dec.2022) — Marathon Oil Corporation (NYSE: MRO) today announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a […]
Venture Global and Inpex Ink LNG SPA
(Venture Global, 26.Dec.2022) — Today, Venture Global LNG and Inpex Corporation announced the execution of a long-term Sales and Purchase Agreement (SPA) for the purchase […]
Biden-Harris Administration Invests Over $84mn in 36 Drought Resiliency Projects
(Bureau of Reclamation, 23.Dec.2022) — The Department of the Interior today announced a $84.7mn investment from President Biden’s Bipartisan Infrastructure Law to help 36 communities throughout the […]
Freeport LNG Updates on Restart of Liquefaction Facility
(Freeport LNG, 23.Dec.2022) — Freeport LNG today updated the timing of the initial restart of its liquefaction facility. The company continues to make notable progress […]
The Price of Energy Insecurity
(IMF, 22.Dec.2022) — Climate change is an environmental issue. It’s also clearly an economic issue, and at the heart of the economics of climate change […]
Hess Achieves CDP Climate Change Leadership Status
(Hess, 21.Dec.2022) — Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2022. Hess has earned Leadership status for 14 consecutive […]
Rubio, Risch Introduce Legislation to Strengthen US-Venezuela Policy
(Marco Rubio, 20.Dec.2022) — In response to the Biden Administration’s policy of concessions to the criminal Maduro narco-regime, U.S. Senators Marco Rubio (R-FL) and Jim […]
Uranium Energy Reports Results
(Uranium, 19.Dec.2022) — Uranium Energy Corp (NYSE American: UEC) reported, in accordance with NYSE American requirements, the filing of the company’s quarterly report on Form […]
Hess CEO to Participate in Goldman Sachs Global Conference
(Hess, 19.Dec.2022) — Hess Corporation (NYSE: HES) announced that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Global Energy and Clean […]
Phoenix Park Acquires Minnesota Terminal
(PPGPL, 16.Dec.2022) — On 13 December 2022 Phoenix Park Gas Processors Limited (PPGPL) through its wholly owned subsidiary Phoenix Park Energy Marketing LLC (PPEM), completed […]
Biden-Harris Admin Approves $750mn for Hydrogen Technologies
(US Department of Energy, 16.Dec.2022) — The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced its intent to issue $750mn in funding […]
Aquadrill Announces Charter Hire Agreement for the Vela
(Aquadrill, 15.Dec.2023) — Aquadrill LLC extended a charter hire agreement with a subsidiary of Diamond Offshore Drilling, Inc. (the “manager”) to provide the company’s Vela […]
Diamondback Added to the Nasdaq – 100 Index
(Diamondback, 12.Dec.2022) — Diamondback Energy, Inc. (NASDAQ: FANG) has been added to the Nasdaq-100® Index, the top 100 largest domestic and international non-financial companies on The Nasdaq […]
Cheniere on Expiration of Cash Offer for 7% Secured Notes due 2024
(Cheniere, 12.Dec.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced today the expiration of its cash tender offer to purchase any and all of the […]
![SSR Mining Reveals Positive Results at Seabee [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/12/seabee-03source-ssr-mining.jpg)
SSR Mining Reveals Positive Results at Seabee [PDF Download]
(SSR Mining, 12.Dec.2022) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced results from 377 diamond drill holes completed at the Seabee property in Saskatchewan, […]
PBF Energy Reveals $500mn Share Repurchase Program
(PBF Energy, 12.Dec.2022) — PBF Energy Inc. (NYSE: PBF) announced that its board of directors has authorized the repurchase of up to $500mn of PBF Class A […]
CNX Unveils Appalachia-Focused Vision for the Future
(CNX, 12.Dec.2022) — CNX Resources Corp. (NYSE: CNX) launched “Appalachia First,” its vision for the future which draws on the company’s regional leadership, core operational strengths, and […]
![Pembina Provides Business Update [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/03/pipelines_source_pembina-pipeline.png__1024x1024_q85_subsampling-2.png)
Pembina Provides Business Update [PDF Download]
(Pembina, 12.Dec.2022) — Pembina Pipeline Corporation (TSX: PPL) (NYSE: PBA) announced today its 2023 financial guidance and a business update, including the sale of Pembina Gas […]
WoodMac’s Five Key Energy Sector Developments in 2023
(WoodMac, 8.Dec.2022) — There is no doubt that 2022 has been an extremely challenging 12 months, but as the year draws to a close, there […]
ExxonMobil Reveals Corporate Plan 2027
(Exxon, 8.Dec.2022) — ExxonMobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and […]
UK and US Reveal New Energy Partnership
(UK Prime Minister’s Office, 7.Dec.2022) — The UK and US will work together to increase energy security and drive down prices, as part of a […]
Chevron Announces 2023 Capex Budgets [PDF Download]
(Chevron, 7.Dec.2022) — Chevron Corporation today announced 2023 organic capital expenditure budgets of $14bn for consolidated subsidiaries (capex) and $3bn for equity affiliates (affiliate capex), […]
Sempra Inks Deal with ENGIE for LNG Supply from Port Arthur LNG Phase 1
(Sempra, 6.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced it has entered into a long-term sale and purchase agreement (SPA) with ENGIE […]
North America has the Energy to Solve the Global Crisis
(TC Energy, 6.Dec.2022) — TC Energy’s President & CEO, François Poirier, shares his thoughts and perspectives on how two simple ideas can help solve the […]
CGG Reveals New Multi-Client Data Project in Southeast Arizona
(CGG, 5.Dec.2022) — CGG, a technology and Earth sciences leader, announced a new multi-client data project in Southeast Arizona focusing on exploration and development in […]
Exxon Mobil Raises CEO, Top Executives Base Pay
(Reuters, 5.Dec.2022) — Exxon Mobil Corp is raising the annual base salaries of its top boss and other executives for next year, the largest U.S. […]
Cheniere Announces Cash Tender Offer for 7% Notes due 2024
(Cheniere, 5.Dec.2022) — Cheniere Energy, Inc. (NYSE American: LNG) has commenced a cash tender offer to purchase any and all of the $1.25bn aggregate principal […]
Secretary of the Treasury on Announcement of Russian Price Cap
(US Treasury Department, 2.Dec.2022) — Secretary of the Treasury Janet L. Yellen released the following statement following the announcement of the price cap. “Together, the […]
Limiting Kremlin Revenues with a Price Cap on Russian Oil
(US Treasury Department, 2.Dec.2022) — Following agreement by the 27 Member States of the European Union (EU), the members of the G7 (the United States, […]
Could A Controversial Chevron Deal Be A Prelude To Venezuela’s Oil Renaissance?
(Forbes, 2.Dec.2022) — A video that state-owned oil giant Petróleos de Venezuela posted to its Twitter feed this week shows a jovial meeting between Oil […]