(CSI Compressco, 20.Oct.2020) — CSI Compressco expects to release its third quarter 2020 results before the opening of the market on 2 November 2020. Following […]
Category: USA
CSI Compressco Announces Quarterly Distribution
(CSI Compressco, 20.Oct.2020) — CSI Compressco LP announced that the board of directors of its general partner has declared a cash distribution attributable to the […]
Citgo-backed Bonds Boosted By US Court Ruling
(Reuters, 19.Oct.2020) — Bond market brokers marked up prices on some of Venezuela’s battered debt more than four-fold on Monday after a U.S. judge dealt […]
ConocoPhillips Swoops On Concho In $9.7bn Deal
(WoodMac, 19.Oct.2020) — Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 […]
ConocoPhillips To Buy Concho Resources
(ConocoPhillips, 18.Oct.2020) — ConocoPhillips and Concho Resources entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of the transaction, […]
Apache Reveals 3Q:20 Supplemental Information
(Apache, 14.Oct.2020) — Apache Corporation provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their […]
TechnipFMC Enters Green Hydrogen Deal With McPhy
(TechnipFMC, 14.Oct.2020) — TechnipFMC signed a Memorandum of Understanding (MoU) with McPhy, a leading manufacturer and supplier of carbon-free hydrogen production and distribution equipment, pursuant […]
Panhandle Changes Name To PHX Minerals Inc.
(Energy Analytics Institute, 13.Oct.2020) — Panhandle Oil and Gas Inc. officially changed its name to PHX Minerals Inc. with an effective date of 8 October […]
San Diego County Energy Developer Gets Funds
(Indian Energy, 12.Oct.2020) — Long-duration, non-lithium ion energy storage is the final key to unlocking renewables and permanently evading the blackouts and brownouts that California […]
BHP Buys Additional 28% Interest In Shenzi From Hess
(BHP, 6.Oct.2020) — BHP signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (Hess) to acquire an additional 28% working interest in Shenzi, […]
Chevron Closes Acquisition Of Noble Energy
(Energy Analytics Institute, 5.Oct.2020) — San Ramon-California based Chevron Corporation reported its acquisition of Noble Energy, Inc. has been completed following approval by Noble Energy […]
Marathon Reinstates Base Dividend And Reduces Debt
(Marathon, 1.Oct.2020) — Marathon Oil Corporation reported an update highlighting the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for […]
Oxy Sales Colombian Onshore Assets to The Carlyle Group
(Piero Stewart, Energy Analytics Institute, 1.Oct.2020) — Houston-based Occidental Petroleum inked an agreement to divest its onshore assets in Colombia to The Carlyle Group for […]
Golar LNG Class Action And Lead Plaintiff Deadline
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Golar LNG Ltd and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Golar securities between 30 Apr. and 24 Sep. 2020.
Citgo Board Chairwoman Luisa Palacios To Step Down
(Citgo, 29.Sep.2020) — Citgo Petroleum chairwoman Luisa Palacios says she’ll step down from her position next month. Her letter follows: Dear CITGO community, When I […]
US Pressed For Firm Stance In Venezuelan Bond Case
(Law360, 25.Sep.2020) — A New York federal judge on Friday grilled a lawyer representing the U.S. government on whether she should defer to Venezuelan’s denunciation […]
US Treasury Updates Venezuela, Iran Designations
(Energy Analytics Institute, 22.Sep.2020) — The US Department of Treasury released details regarding Venezuela-related designations as well as providing a designation update. Treasury also provided […]
Shell And Microsoft Join Up On Carbon Emissions
(Shell, 22.Sep.2020) — Shell International Petroleum Company Limited and Microsoft Corporation, building on a history of three decades of working together, are embarking on a […]
Enel X Enters US Public Transit Market
(Enel X, 18.Sep.2020) — Enel X, the Enel Group’s advanced energy services business line, announced it has been awarded two grants by the Accelerating Clean […]
Ecopetrol Aims To Drill 100 Permian Wells By YE:21
(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as […]
Maersk Chips In With Hurricane Laura Relief
(Maersk, 10.Sep.2020) — APM Terminals Mobile, the Alabama State Port Authority, Maersk Special Project Logistics and Team Rubicon worked together this past week to collect […]
Pelican Energy Partners To Buy Baker Hughes Unit
(Pelican Energy, 10.Sep.2020) — Pelican Energy Partners LP announced an agreement to purchase the assets of the Surface Pressure Control Flow (“SPC Flow”) business unit […]
Seized Gasoline Tanker Arrives Off Freeport, Texas
(Reuters, 9.Sep.2020) — A tanker containing a cargo of Iranian gasoline confiscated by the United States arrived on Wednesday at a Texas port where it […]
Talos Not Impacted By Expanded Moratorium
(Talos 9.Sep.2020) — Talos Energy Inc. issued a statement clarifying the company’s business will not be impacted by the recently announced Presidential Order extending the […]
PdV Ad Hoc Chairman Joins Opposition Flight
(Argus, 9.Sep.2020) — The chairman of the Venezuelan opposition’s “ad hoc” board of national oil company PdV has joined a flight of exiled technocrats from […]
Exxon Downsizes As Wall Street Worries About Dividend
(Reuters, 7.Sep.2020) — Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters […]
Hess To Participate In Barclays CEO Conference
(Hess Corp., 4.Sep.2020 — Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on 9 […]
Houston American Energy Completes Permian Well
(Houston American, 3.Sep.2020) — Houston American Energy Corp. provided an update on recent activities on its U.S. Permian Basin acreage. In Yoakum County, TX, the […]
Manuela Molina Named Sempra’s IR Vice President
(Sempra, 2.Sep.2020) — Sempra Energy announced that Manuela “Nelly” Molina, currently chief financial officer for Sempra Energy’s Mexico subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. […]
Citgo-6 Surpasses 1,000 Days Of Wrongful Detention
(Energy Analytics Institute, 1.Sep.2020) — More than 1,000 days have passed since Tomeu Vadell, José Luis Zambrano, Alirio Zambrano, Jorge Toledo, Gustavo Cardenas and José […]
Sempra Declares Common, Preferred Dividends
(Sempra, 31.Aug.2020) — Sempra Energy’s board of directors has declared a $1.045 per share quarterly dividend on the company’s common stock, which is payable 15 […]
US’ Abrams Eyes Tighter Sanctions On Venezuela
(Reuters, 31.Aug.2020) — The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told […]
Citgo Updates On Lake Charles Refinery After Laura
(Energy Analytics Institute, 28.Aug.2020) — Houston-based refiner Citgo Petroleum released initial details regarding its Lake Charles Refinery and the impact on its operations after the […]
Panhandle Announces 5mn Common Stock Offering
(Panhandle Oil and Gas Inc., 28.Aug.2020) — Panhandle Oil and Gas Inc. priced its previously announced underwritten public offering of 5,000,000 shares of common stock […]
Venture Global LNG Reports Impacts Of Hurricane Laura
(Venture, 27.Aug.2020) — Venture Global LNG, Inc. announced its Calcasieu Pass LNG facility under construction in Cameron, LA has sustained minimal impacts from Hurricane Laura, […]
SunPower and Maxeon Solar Close Spin-Off Deal
(SunPower, 27.Aug.2020) — SunPower and Maxeon Solar Technologies completed the strategic transaction announced last November, separating into two independent public companies. Each will now focus […]
Panhandle Acquires Assets From Red Stone Resources
(Panhandle Oil and Gas Inc., 27.Aug.2020) — Panhandle Oil and Gas Inc. agreed to acquire two packages of mineral and royalty assets totaling approximately 795 […]
Harvest Drops Suit Against Ex Venezuela Oil Czar
(AP, 26.Aug.2020) — A Houston energy firm has dropped a lawsuit against Venezuela’s former oil czar, who it had accused of orchestrating demands for a […]
Trump Seeks To Slap More Sanctions On Venezuela
(Oilprice.com, 19.Aug.2020) — The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government […]
US Eyes October To End Exemptions On Venezuela
(Reuters, 19.Aug.2020) — The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still […]
Oil Industry Frets Recruiting Next Generation Of Workers
(WSJ, 18.Aug.2020) — A growing distaste for the oil business among potential young employees, combined with the economic crisis of the pandemic, could make it […]
Houston Refiner Citgo Reports 2Q:20 Results
(Citgo, 17.Aug.2020) — Citgo Petroleum Corporation reported a net loss of $5 million for the second quarter of 2020, which includes the benefit from the […]
US Seizes 4 Iranian Tankers Destined For Venezuela
(US Dept. of Justice, 14.Aug.2020) — The Justice Department today announced the successful disruption of a multimillion dollar fuel shipment by the Islamic Revolutionary Guard […]
US Seizes Iranian Vessels Heading For Venezuela
(Aljazeera, 14.Aug.2020) — American officials tell AP Trump administration seized cargo of four tankers transporting Iranian fuel to Venezuela. The United States seized the cargo […]
Officials: US Seizes Iranian Oil Heading For Venezuela
(AP, 13.Aug.2020) — The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said […]
AES Gener To Speed Up Payments For Two PPAs
(AES Corp., 10.Aug.2020) — AES Corporation’s subsidiary, AES Gener, reached an agreement for the early termination of two tolling agreements (Power Purchase Agreements, PPAs) with […]
Cameron LNG Reaches Full Commercial Operations
(Sempra LNG, 10.Aug.2020) — Sempra LNG, a subsidiary of Sempra Energy, announced the Cameron LNG export facility in Hackberry, Louisiana, has begun full commercial operations […]
Trump Hits Wall With Bid To Place Ally At LatAm Bank
(Bloomberg, 7.Aug.2020) — Mexico called for delaying the election of a new chief for a key Latin American development bank amid controversy caused by U.S. […]
AES Corp. Reports 2Q:20 Financial Results
(AES, 6.Aug.2020) — The AES Corporation reported financial results for the quarter ended 30 June 2020. Strategic Accomplishments — During the second quarter, agreed to […]
US Charges Ex-Citgo Exec In Bribery Probe
(Reuters, 6.Aug.2020) — U.S. prosecutors charged a former Citgo Petroleum manager with accepting $2.5 million as part of a scheme to bribe officials with the […]