USA Archives - Page 35 of 59 - Energy Analytics Institute (EAI)

Freeport LNG Updates on Proposed Safety Order

(Freeport LNG, 30.Jun.2022) — Freeport LNG Development, L.P. provided the following statement regarding the Notice of Proposed Safety Order Issued by the Pipeline Hazardous Materials Safety Administration (PHSMA): Freeport LNG acknowledges the Notice of Proposed Safety Order issued today by the Pipeline and Hazardous Materials Safety Administration (PHMSA). Safety has […]

Bristow Signs Long-Term Maintenance Support Agreements

(Bristow, 30.Jun.2022) — Bristow Group Inc. (NYSE: VTOL) has signed long-term, favorable maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on the Company’s global fleet of AW139 helicopters. Highlights: Agreements with Leonardo Helicopters and Pratt & Whitney provide comprehensive, long-term maintenance support for AW139 airframes […]

Adewole Adebayo, Candidate for President of Nigeria, visits Washington, DC

(Adewole Adebayo, 28.Jun.2022) — Prince Adebayo, who recently won the Social Democratic Party (SDP)‘s nomination for president, is visiting the US by invitation to attend a stakeholder meeting with the US Commission for International Religious Freedom. He will also be meeting with ambassadors, State Department officials, university officials, and the […]

US Officials Return to Venezuela Amid Gas Price Hike

(AP, 27.Jun.2022) — Senior U.S. government officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with the South American oil giant as the war in Ukraine drags on, forcing the U.S. to recalibrate other foreign policy objectives. A U.S. State Department […]

The Simón Bolívar Foundation Releases 2021 Annual Report [PDF Download]

(Citgo, 27.Jun.2022) — The Simón Bolívar Foundation Inc., the 501(c)(3) nonprofit private foundation of Citgo Petroleum Corporation, released its 2021 Annual Report. The Foundation is dedicated to improving the health of vulnerable people affected by the complex, ongoing humanitarian crisis in Venezuela, with special attention to mothers and children. After redefining its […]

NRGBriefs: Canacol on Colombian Operations; Perfect Storm of Soaring Inflation

(Energy Analytics Institute, 25.Jun.2022) — Energy briefs including Canacol Energy Ltd. providing details about its operations in Colombia as well as its value proposition in the South American country [PDF download]; and many emerging economies are currently faced with a perfect storm of soaring inflation, acute shortages of fuel and […]

NRGBriefs: Eni Plenitude S.p.A. Società Benefit Postpones IPO

(Energy Analytics Institute, 23.Jun.2022) — Energy briefs including Eni Plenitude S.p.A. Società Benefit informing that shareholder Eni S.p.A. have postponed an IPO of ordinary shares for listing on Euronext Milan due to a deterioration in market conditions; and GTC Vorro Technology expanding with the launch of its technology licensing division. […]

NRGBriefs: Uranium Energy Completes C$5mn Private Placement

(Energy Analytics Institute, 22.Jun.2022) — Energy briefs including Uranium Energy Corp (NYSE: UEC) completing its C$5mn private placement in UEX Corporation. NORTH AMERICA US — Uranium Energy Corp (NYSE: UEC) completed its C$5mn private placement in UEX Corp. consisting of the acquisition by UEC of 11,627,907 UEX common shrs at […]

Cheniere and Chevron Ink LNG Sale and Purchase Agreements

(Cheniere Energy, 22.Jun.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced that two of its subsidiaries, Sabine Pass Liquefaction, LLC (“SPL”) and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas (“LNG”) sale and purchase agreements (each, an “SPA”) with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron […]

Cheniere Reveals FID for Corpus Christi Stage 3 Export Project

(Cheniere Energy, 22.Jun.2022) — Cheniere Energy, Inc. (NYSE American: LNG) announced today that its Board of Directors has made a positive Financial Investment Decision (FID) with respect to the 10+ million tonnes per annum of LNG Corpus Christi Stage 3 Liquefaction Project (“CCL Stage 3”) and has issued full notice […]

EnCap and Double Eagle Form Double Eagle IV with over $1.7bn in Equity Committed

(Double Eagle, 17.Jun.2022) — EnCap Investments L.P. and the team behind the Double Eagle family of companies have entered into a strategic partnership to form Double Eagle Energy Holdings IV, LLC and Tumbleweed Royalty IV, LLC. The new entities have also received minority investments from Apollo Natural Resource funds, Magnetar […]

NRGBriefs: OFAC Takes Former PDVSA VP off SDN List; Bristow to Ring Opening Bell

(Energy Analytics Institute, 17.Jun.2022) — Energy briefs including the US Department of Treasury announcing the removal of former PDVSA Vice President Carlos Erik Malpica Flores from OFAC’s SDN list. LATIN AMERICA AND THE CARIBBEAN Venezuela — The US Department of the Treasury announced removal of Malpica Flores, Carlos Erik, Naguanagua, […]

Study: Humans Responsible for Over 90% of World’s Oil Slicks

(FSU, 16.Jun.2022) — A team of U.S. and Chinese scientists mapping oil pollution across the Earth’s oceans has found that more than 90% of chronic oil slicks come from human sources, a much higher proportion than previously estimated. Their research, published in Science, is a major update from previous investigations into […]

Nucor Expects Record 2Q:22 Quarterly Earnings

(Nucor, 15.Jun.2022) — Nucor Corporation (NYSE: NUE) announced guidance for its second quarter ending 2 July 2022. Nucor expects second quarter earnings to be in the range of $8.75 to $8.85 per diluted share, which would surpass the previous quarterly earnings record of $7.97 per diluted share set in the fourth quarter of 2021. Nucor reported net […]

GoldMining Options The Almaden Property to NevGold for $16.5mn

(GoldMining, 14.Jun.2022) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) entered into an option agreement (the “Option Agreement“) with NevGold Corp. and its subsidiary (“NevGold“; (TSXV: NAU) whereby NevGold’s subsidiary may acquire a 100% interest in the company’s Almaden Project, located in Idaho, U.S.A. The Agreement provides for total cash and/or share consideration to […]

NRGBriefs: Atlas Expands Wind Portfolio in Brazil

(Energy Analytics Institute, 14.Jun.2022) — Energy briefs including Atlas Renewable Energy expanding its wind portfolio by acquiring a project from Voltalia in Brazil; Kootenay Silver (TSXV: KTN) announcing JV operator Aztec Minerals Corp. (TSXV: AZT) has reported the final gold and multi-element results for the Cervantes Project 2021-2022 Reverse Circulation (RC) Phase 2 drill program […]

Freeport LNG Targets Partial Ops in 90 Days; 100% in Late 2022

(Freeport LNG, 14.Jun.2022) — Freeport LNG Development, L.P. is providing the following update on the June 8 incident at its Quintana Island liquefaction facility: At approximately 11:40AM CT on 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas that resulted in the release of LNG, leading to the formation and ignition of a […]

Finland’s First FLNG Terminal to be in Fortum’s Inkoo Port

(Fortum, 9.Jun.2022) — Gasgrid Finland and Fortum have signed a Letter of Intent on placing Finland’s first floating LNG terminal vessel Exemplar at Fortum’s Inkoo port. Located on the Southern Coast of Finland, Inkoo provides an optimal deep-water port at close proximity to the pipelines distributing the gas mainly to […]

Shell Launches Residential Power Brand Shell Energy, Enters Texas Market

(Shell, 7.Jun.2022) —Shell announced the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions the company now offers 100% renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans while […]

Aspen Aerogels, Inc. Provides Business Update

(Aspen Aerogels, 6.Jun.2022) — Aspen Aerogels, Inc. (NYSE: ASPN) provided an update on recent developments with its business, as well as an update on its financial outlook for fiscal year 2022 as a result of these developments. Recent Developments Increased visibility to expected order volume for 2022 from General Motors and […]

Sempra Completes Divestment of Interest in Sempra Infrastructure Partners

(Sempra, 1.Jun.2022) — Sempra (NYSE: SRE) (BMV: SRE) completed the sale of a 10% non-controlling interest in Sempra Infrastructure Partners for $1.73bin in cash to a subsidiary of Abu Dhabi Investment Authority (ADIA). The transaction, previously announced in December 2021, implies an enterprise value for Sempra Infrastructure of $25.9bn, including its proportionate ownership share of net […]

NRGBriefs: Vista’s Sustainability Report; Excelerate CEO on LNG Market

(Energy Analytics Institute, 31.May.2022) — Energy briefs including Vista Oil & Gas revealing its 2021 sustainability report; and Excelerate Energy President & CEO Steven Kobos commenting on the red hot LNG market amid the current geopolitical mess in Europe. LATIN AMERICA AND THE CARIBBEAN Argentina — Vista Oil & Gas […]

US Can Offer ‘Comfort Letters’ to Help Russia Grain, Fertilizer Exports

(Reuters, 31.May.2022) — The United States is prepared to give “comfort letters” to shipping and insurance companies to help facilitate exports of Russian grain and fertilizer, U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, said on Tuesday. She noted that Russian grain and fertilizer were not under U.S. sanctions but […]

TotalEnergies to Acquire 50% of Clearway Energy Group

(TotalEnergies, 25.May.2022) — TotalEnergies announces the signature of agreements with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), the 5th US renewable energy player. This constitutes its largest acquisition in the renewable energy in the United States, one of the top 3 renewable markets in the world. […]

Chevron Reviews Plans at Annual Stockholders Meeting

(Chevron, 25.May.2022) — Chevron Corporation (NYSE: CVX) provided an overview of the company’s business plans and operations at its annual stockholders meeting. “We are focused on delivering higher returns, lower carbon and superior shareholder value,” said Michael Wirth, Chevron’s chairman and CEO. “Our strategy is clear: leverage our strengths to deliver lower […]

Talos Energy To Host Analyst & Investor Day

(Talos, 24.May.2022) — Talos Energy Inc. (NYSE: TALO) will host its first-ever analyst and investor day today at 2:00 PM Eastern Time (1:00 PM Central Time). A live webcast of the event will be available on the company’s recently updated and relaunched corporate website at https://www.talosenergy.com/investor-relations/events-calendar/. Please allow extra time to […]

MacDermid Offshore Expands Product Line with Oceanic EL 08

(MacDermid, 24.May.2022) — MacDermid Offshore Solutions, a provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has expanded its product line with the release of Oceanic EL 08. The new organic and biodegradable lubricant is a safe and efficient alternative to flammable or hazardous solvents and corrosion inhibitors […]

US Prepares Renewal of Chevron’s Venezuela License Without Broader Terms

(Reuters, 24.May.2022) — The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp‘s license to operate in Venezuela, but likely without the greatly expanded terms the U.S. oil major sought, four people close to the talks said. The last U.S. energy producer in Venezuela asked […]

Sempra Inks Deal with TotalEnergies, Mitsui, Mitsubishi for HCS Project

(Sempra, 23.May.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), has signed a participation agreement with TotalEnergies, Mitsui & Co., Ltd. and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana. The participation agreement contemplates that the combined Cameron LNG Phase 1 and proposed […]

Oxy Reveals Tender Results, Upsize of Cash Tender Offers for Certain Senior Notes

(Oxy, 23.May.2022) — Occidental (NYSE: OXY) announced the tender results of its offers to purchase for cash (each, an “Offer” and collectively, the “Offers”) its outstanding notes listed in the tables below (the “Notes,” and each, a “Series” of Notes) in three separate pools (each, a “Pool”). The Offers were made […]

GoldMining Inc. Announces Board Appointments For U.S. GoldMining Inc.

(GoldMining, 23.May.2022) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) is pleased to announce appointments to the Board of Directors of U.S. GoldMining Inc., a subsidiary of the company created to advance the Whistler Gold-Copper Project, located in Alaska, USA on a standalone basis (see news release February 28, 2022). The U.S. GoldMining […]

PNM Announces Executive Changes

(PNM, 19.May.2022) — PNM Resources, Inc. (NYSE: PNM) announces the promotion of two executives as part of the company’s ongoing development efforts under the continued leadership of Chairman and CEO, Pat Vincent-Collawn. Don Tarry has been promoted to President and Chief Operating Officer of PNM Resources. Don joined PNM Resources in 1996 and […]

NRGBriefs: Chevron Comments on Venezuelan License; SQM Results

(Energy Analytics Institute, 19.May.2022) — Energy briefs including Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) holding a conference call to discuss its 1Q;22 financial results; Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) reporting results from 10 new drill holes targeting the Tajitos – Copala resource area, at […]

Citgo Reports 1Q:22 Net Income of $245mn

(Citgo, 17.May.2022) — Citgo Petroleum Corporation reported net income of $245mn for the first quarter 2022, compared to net income of $21mn for the fourth quarter of 2021 and a loss of $(180)mn for the first quarter of 2021. Reliable operations and favorable market conditions enabled Citgo to generate EBITDA 1 of $518mn for the first quarter of 2022, compared […]

Chevron Sanctions Ballymore Project in Deepwater US GOM

(Chevron, 17.May.2022) — Chevron Corporation (NYSE: CVX) sanctioned the Ballymore project in the deepwater US Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform. “Chevron’s US Gulf […]

US Moves to Ease a Few Economic Sanctions on Venezuela

(AP, 17.May.2022) — The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the US-backed opposition and the government of President Nicolás Maduro. The limited changes will allow Chevron Corp to negotiate its licence with the state-owned […]

Invenergy Surpasses 30 Gigawatts as it Celebrates 20th Anniversary

(Invenergy, 17.May.2022) — Invenergy, the largest privately held global developer, owner, and operator of sustainable energy solutions, is celebrating a monumental milestone: the company has successfully developed over 30 gigawatts (GW) of clean energy generation projects over its 20-year existence, projects that generate enough energy to power nearly 10 million […]

US to Ease Some Energy Sanctions on Venezuela

(CNN, 17.May.2022) — The Biden administration will begin to ease some energy sanctions on Venezuela to encourage ongoing political discussions between President Nicolas Maduro and the opposition, two senior administration officials told CNN. The first step, to be announced on Tuesday, will allow Chevron — the last major US oil company still […]

Oxy Reveals Cash Tender Offers for Certain Senior Notes

(Oxy, 16.May.2022) — Occidental (NYSE: OXY) has commenced cash tender offers to purchase its outstanding notes listed in the tables below in three separate pools. Occidental’s obligation to accept for purchase, based on the Acceptance Priority Levels (as defined below) set forth in the columns entitled “Acceptance Priority Level” in the […]

CSI Compressco Reports Total Revenues of $80mn in 1Q:22

(CSI Compressco, 13.May.2022) — CSI Compressco LP (NASDAQ: CCLP) announced first quarter 2022 results. The operating results presented throughout this document include the operating results of Spartan Treating (as defined in our 10-K filed 14 Mar. 2022) due to the previously reported acquisition on 10 November 2021. As the Partnership and […]

Nucor Announces Executive Changes

(Nucor, 13.May.2022) — Nucor Corporation (NYSE: NUE) announced that MaryEmily Slate, Executive Vice President of Commercial, plans to retire due to health issues on 11 June 2022 after more than 21 years of service with Nucor. Ms. Slate began her career with Nucor in 2000 as District Sales Manager at Nucor Steel Arkansas. She […]

Mexican Gov’t Suspends Permit Granted to Vulcan in Mexico

(Vulcan Materials, 13.May.2022) — Vulcan Materials Company (NYSE: VMC), the nation’s largest producer of construction aggregates, provided an update with respect to its Mexican SAC TUN operations. Today, Vulcan Materials Company confirmed that the Mexican government has suspended the three-year customs permit granted in March 2022 to the Mexican subsidiary of the company […]

NRGBriefs: Venezuela Share Offerings; Sempra Dividend

(Energy Analytics Institute, 12.May.2022) — Energy briefs including Venezuela’s President Nicolás Maduro looking to offer between 5%-10% of the shares of public companies and “empresas mixtas” for national and international investment; Pampa Energía S.A.‘s videoconference to discuss its 1Q:22 results; and Sempra’s (NYSE: SRE) (BMV: SRE) board of directors declaring a $1.145/share […]

Stephen McNabb Appointed Citgo Treasurer

(Citgo, 11.May.2022) — Citgo Petroleum Corporation named Stephen McNabb the company’s new Treasurer, where he will oversee liquidity management and the company’s capital structure, manage financial risk and insurance, steward bank relationships and investor relations, and assist the CFO in developing financial strategies. McNabb previously served as Assistant Treasurer and has been with […]

Diamond Offshore Reports 1Q:22 Drilling Contract Revenue of $150mn

(Diamond Offshore, 10.May.2022) — Diamond Offshore Drilling, Inc. (NYSE: DO) reported the following results for the first quarter of 2022. Three Months Ended Thousands of dollars, except per share data 31 Mar. 2022 31 Dec. 2021 Total revenues $186,239 $227,278 Operating loss (33,916) (127,296) Adjusted operating (loss) income (33,916) 5,153 Adjusted […]

ACE Green Recycling to Build North America’s Largest Green Battery Recycling Park in Texas

(ACE Green, 10.May.2022) — Recycling technology company, ACE Green Recycling (ACE) is announcing its plans to build and operate North America’s largest emissions-free and sustainable battery recycling park in Texas, USA. The 400,000 square foot facility will be able to recycle both lead-acid and lithium-ion batteries when fully operational. These batteries are key elements in […]

UAE Delegation Explores Opportunities of Energy Transition with the US

(UAE Embassy, 10.May.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry & Advanced Technology and Special Envoy for Climate Change, began a visit to the United States to accelerate joint initiatives on the economic growth opportunities of the energy transition, outline UAE investment initiatives to increase production capacity, […]

Venture Global Reveals LNG Agreement with ExxonMobil

(Venture Global, 10.May.2022) — Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreements, the ExxonMobil affiliate will purchase 1 MTPA […]

Gas Entec Converts LNG Carrier to M-FSRU Unit for KARMOL

(AG&P, 9.May.2022) — GAS Entec, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P), completed the conversion of a 125,000m³ LNG carrier (LNGC) for KARMOL, a joint-venture between Turkey’s Karpowership and Japan’s Mitsui OSK Lines (MOL), into an 84 mmscfd Modular Floating Storage and Regasification Unit (M-FSRU) with capacity to scale from 15 to 300 […]

Noble Corp. and Maersk Drilling Update on Merger Process

(Noble, 9.May.2022) — Noble Corporation (NYSE: NE) and The Drilling Company of 1972 A/S (CSE: DRLCO) (Maersk Drilling, and together with Noble, the “Parties”) provided an update on the ongoing merger control process for the business combination announced on 10 November 2021. On 22 April 2022, the UK Competition and […]