PDV Holdings Releases First-Ever Annual Report

(Citgo, 22.Jul.2020) — PDV Holding, Inc., the indirect sole stockholder of Citgo Petroleum Corporation, issued its first-ever annual report detailing financial and operational performance in […]

Chevron Says To Acquire Noble Energy

(Chevron, 20.Jul.2020) — Chevron Corporation has entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy […]

CITGO Names Edgar Rincon COO, Executive VP

(Citgo, 17.Jul.2020) — The Board of Directors of CITGO Petroleum Corporation has appointed Edgar Rincon as Chief Operating Officer (COO) and Executive Vice President, reporting […]

OGCI Sets Carbon Intensity Target

(OGCI, 16.Jul.2020) — The Oil and Gas Climate Initiative (OGCI) announced a target to reduce the collective average carbon intensity of member companies’ aggregated upstream […]

Sempra Energy Advances North American Strategy

(Sempra, 30.Jun.2020) — Sempra Energy completed its business exit from South America, following the recently announced sale of its Chilean businesses, which generated approximately $2.23 […]

Chesapeake Energy Files For Chapter 11

(WoodMac, 28.Jun.2020) — Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection today, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: […]

How Price Crash Changed The Upstream Sector?

(WoodMac, 24.Jun.2020) — According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry. Andrew Pearson, […]

US Sanctions On Iranian Tanker Captains

(Energy Analytics Institute, 24.Jun.2020) — The US, under Executive Order 13599, today said it is sanctioning five Iranian ship captains, who delivered approximately 1.5 million […]

Braskem Completes Facility In La Porte, Texas

(Braskem, 24.Jun.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announces the construction completion of […]

Shipping Magnate Faces US Sanctions Probe

(Reuters, 12.Jun.2020) — The United States is investigating a Venezuelan shipping magnate for possibly violating U.S. sanctions by bringing fuel to gasoline-short Venezuela, according to […]

Citgo Reports First Quarter 2020 Results

(Citgo, 12.Jun.2020) — Citgo Petroleum Corporation reported its first quarter 2020 performance results, including a net loss of $159 million and an adjusted EBITDA1 of […]

Mirage Inks Deal With The State Of Puebla

(Mirage, 11.Jun.2020) — Mirage Energy Corporation signed an agreement with Energy Agency of the State of Puebla to develop a pipeline infrastructure project to deliver […]

Sempra Declares Common, Preferred Dividends

(Energy Analytics Institute, 11.Jun.2020) — Sempra Energy’s board of directors declared a $1.045 per share quarterly dividend on the company’s common stock, which is payable […]

JinkoSolar On Non-Infringement In US

(JinkoSolar, 4.Jun.2020) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that the United […]

Mexico Probes Libre Abordo Pact With Venezuela

(Reuters, 2.Jun.2020) — The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under […]

Greenbrier Marine Announces Vessel Delivery

(Greenbrier, 2.Jun.2020) — Greenbrier Marine, a division of The Greenbrier Companies, Inc., announced it has delivered the OSG 204, a 204,000 barrel capacity oil and […]

CITGO Proposes $750mn Private Offering

(Citgo, 2.Jun.2020) — Citgo Petroleum Corporation has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, of $750 […]

Bristow Group Announces Stock Repurchases

(Bristow Group, 1.Jun.2020) — Bristow Group Inc. entered into privately negotiated stock repurchase agreements to repurchase 142,721 shares of its common stock and 98,784 shares […]

Bristow Group Announces Stock Repurchases

(Bristow, 1.Jun.2020) — Bristow Group Inc. announced entry into privately negotiated stock repurchase agreements to repurchase 142,721 shares of its common stock and 98,784 shares […]

Pioneer Energy Services Emerges from Chapter 11

(Pioneer, 1.Jun.2020) — Pioneer Energy Services Corp. has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 […]