(Reuters, 29.Apr.2020) — The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in […]
Category: USA
Diamond Commences Chapter 11 Proceedings
(Diamond, 27.Apr.2020) — Diamond Offshore Drilling, Inc. announced that the Company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the […]
Cameron LNG Begins Train 3 Final Commissioning
(Cameron LNG, 22.Apr.2020) — Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has entered the final commissioning stage for the Phase 1, […]
Talos Energy To Announce 1Q:20 Results 6 May 2020
(Talos, 22.Apr.2020) — Talos Energy Inc. intends to release first quarter 2020 results for the period ended March 31, 2020 on Wednesday 6 May 2020 […]
Brazilian Producer Appoints MiX To Monitor Its Fleets
(MiX, 21.Apr.2020) — MiX Telematics confirmed that one of Brazil’s largest ethanol and sugar producers have appointed MiX Telematics to assist in modifying driver behavior […]
Zahroof Valves Appoints Two New Hires For Latin America
(Zahroof, 16.Apr.2020) — Zahroof Valves, Inc. (ZVI) appointed Larry Lapko as Director of Business Development and Rodger Duke as its Regional Director, Latin America (LATAM). […]
Chevron Sells Azerbaijan Assets To MOL Hungarian Oil And Gas
(Chevron, 16.Apr.2020) — Chevron Corporation announced its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields (including interests in the […]
CSI Compressco Provides Financial And Ops Update
(CSI, 13.Apr.2020) — CSI Compressco LP announced that, in light of the current, significant macroeconomic uncertainty resulting from the recent decline in oil prices and […]
Collapsing Demand Sets Terms In OPEC+ Battle
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking […]
WoodMac On OPEC+ Production Plan
(WoodMac, 9.Apr.2020) — As OPEC+ agreed at cut of 10 million b/d, WoodMac’s Ann-Louise Hittle said: “A 10 million b/d cut would be very supportive […]
Brief Intro Remarks By OPEC Secretary General
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via […]
Brazil’s State Oil Giant Petrobras Cancels Dividend
(Petrobras, 8.Apr.2020) — Petrobras informs, in addition to the press release disclosed on 7 April 2020 about cancellation of the Annual General Meeting (AGM), that […]
Equinor Reports GOM Oil Discovery
(Equinor, 6.Apr.2020) — Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the […]
IEnova To Report 1Q:20 Earnings April 22
(Sempra, 4.Apr.2020) — Sempra Energy’s Mexican subsidiary, Infraestructura EnergĂ©tica Nova, S.A.B. de C.V. (IEnova), plans to release its first-quarter 2020 earnings by 6 p.m. ET, […]
Angel Olmeta To Retire From Citgo Petroleum BODs
(Citgo, 2.Apr.2020) — The Citgo Petroleum Corporation Board of Directors and the Citgo President and Chief Executive Officer Carlos Jordá, announced today that Angel Olmeta […]
US$210bn Of New Spend In Firing Line
(WoodMac, 2.Apr.2020) — The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have […]
Triple Whammy: Oil Crash, Covid-19, LNG Oversupply
(WoodMac, 1.Apr.2020) — In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply […]
Falling LatAam Fuel Demand Leaves Hurt US Refiners
(Reuters, 27.Mar.2020) — Demand for refined products in Latin America is quickly drying up as the coronavirus pandemic worsens, leaving U.S. refiners without their primary […]
Citgo Foundation To Support Covid-19 Efforts In Venezuela
(Citgo, 26.Mar.2020) — The SimĂłn BolĂvar Foundation Inc. (SBF), the non-profit, private foundation of Citgo Petroleum Corporation, is launching a special round of its small […]
Sempra’s Virtual Investor Day Focuses On Resilience
(Sempra, 24.Mar.2020) — Sempra Energy’s senior management team is providing an update on the company’s business strategy on an Investor Day conference call, including details […]
Talos Energy Reports Budget Reductions
(Talos, 23.Mar.2020) — Talos Energy Inc. announced updated full year 2020 financial guidance, inclusive of $170 million of reductions in capital, operating and G&A expenses. […]
US Calls For Humanitarian Release Of Citgo 6
(Energy Analytics Institute, Piero Stewart, 19.Mar.2020) — The US calls for humanitarian release of wrongfully detained Americans in Venezuela. © Energy Analytics Institute (EAI). All […]
Industry Slashes Spending As Price Rout Deepens
(WoodMac, 19.Mar.2020) — Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape […]
EOG Resources Updates 2020 Capital Plan
(EOG, 16.Mar.2020) — EOG Resources, Inc. updated its full-year 2020 capital plan as a result of the significant decline and increased volatility of commodity prices. […]
OTC 2020 Houston Postponed
(OTC, 13.Mar.2020) — The Offshore Technology Conference (OTC) recognizes the unprecedented global challenge associated with the current COVID-19 pandemic. The health and safety of our […]
Talos Energy To Postpone Analyst And Investor Event
(Talos, 9.Mar.2020) — Talos Energy Inc. announced that it is cancelling its Analyst and Investor Event previously scheduled for March 12, 2020 in New York […]
Oil Price Rout May Trigger Major Shake-up: Woodmac
(WoodMac, 9.Mar.2020) — As global markets reel in the wake of the oil price crash, Wood Mackenzie’s Tom Ellacott said: “The price collapse could be […]
Mariela Poleo To Head SimĂłn BolĂvar Foundation
(Citgo, 8.Mar.2020) — Citgo Petroleum Corporation announced the appointment of Mariela Poleo as President of the SimĂłn BolĂvar Foundation (SBF), the company’s non-profit, private foundation […]
US Eying Not Renewing Chevron’s Venezuela Waiver
(Reuters, 6.Mar.2020) — The U.S. government is preparing to impose new measures as soon as next week to stifle Venezuela’s oil exports, including a move […]
Atlas And DNB Issue Solar PV Bond In Latin America
(Atlas, 3.Mar.2020) — Atlas Renewable Energy, and DNB Markets announced the issuance of a $253 million US private placement (“USPP”) in Green Bond format. The […]
Parker Drilling To Host Conference Call
(Parker, 3.Mar.2020) — Parker Drilling Company has scheduled a conference call for 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Wednesday, March 4, 2020, […]
Citgo Says Gerd Knutsen Released From Seizure
(Citgo, 28.Feb.2020) — Citgo Petroleum Corporation confirms that the Gerd Knutsen and its crew have safely reached international waters, and that the Company intends to […]
Sempra Energy Reports Strong 2019 Results
(Sempra, 27.Feb.2020) — Sempra Energy reported full-year 2019 earnings of $2.1 billion, or $7.29 per diluted share, up from $924 million, or $3.42 per diluted […]
Make The Future Returns For Shell Eco-Marathon
(Shell, 27.Feb.2020) — Shell Oil Company, in conjunction with Sonoma Raceway and Speedway Motorsports, announced Make the Future Live California featuring Shell Eco-marathon Americas will […]
Sempra Energy Declares Dividends
(Sempra, 25.Feb.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 April […]
Venture Global And EDF Ink LNG PSA For 1 MTPA
(Venture Global, 25.Feb.2020)— Venture Global LNG, Inc. announces that Venture Global Plaquemines LNG, LLC and ÉlectricitĂ© de France, S.A. (EDF) have entered into a 20-year […]
Braskem First To Use RESIN8™ Materials
(Braskem, 24.Feb.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces the use of construction blocks […]
Talos To Host 4Q:19 And YE:19 Earnings Call
(Talos 23.Feb.2020) — Talos Energy Inc. will release fourth quarter and full-year 2019 results for the period ended December 31, 2019 on Wednesday, March 11, […]
Latest Rosneft Sanctions Raise Risks For Others
(Reuters, 19.Feb.2020) — Washington’s move this week to sanction a trading unit of Russian oil giant Rosneft for its ties with Venezuela’s state-run PDVSA escalated […]
Maduro Accused Of “Disappearing” US Oilmen
(AP, 19.Feb.2020) — Family members of six American oil executives jailed in Venezuela are accusing Nicolas Maduro’s government of “forced disappearance” after the men were […]
US Blacklists Rosneft Unit
(Reuters, 18.Feb.2020) — The United States on Tuesday tightened financial restrictions on Venezuela, blacklisting a subsidiary of Russian state oil major Rosneft that President Donald […]
Ending Putin’s Support Of Venezuela Not Easy For US
(AP, 18.Feb.2020) — In October 2016, the head of Russia’s largest oil company traveled to the birthplace of Hugo Chávez, in the empty, sweltering plains […]
Venezuela, Rosneft and US Sanctions Complications
(S&P Global Platts, 18.Feb.2020) — US efforts to starve Venezuela’s Maduro regime of oil revenues have substantially increased the role of Russian energy in the […]
Talos Energy Announces 2020 Operating Guidance
(Talos 18.Feb.2020) — Talos Energy Inc. announced full year 2020 operating and financial guidance. The Company also announced that it expects to close the previously […]
Geronimo And Basin Electric Power Announce Deal
(Geronimo 18.Feb.2020) — Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced execution of a Power Purchase Agreement (PPA) for […]
Citgo Names Jack Lynch As Chief Compliance Officer
(Citgo, 11.Feb.2020) — Citgo Petroleum Corporation announced the appointment of Jack Lynch as the company’s new Chief Compliance & Ethics Officer. Lynch will continue to […]
PPGPL Acquires Twin Eagle’s Marketing Assets
(PPGPL, 7.Feb.2020) — Phoenix Park Gas Processors Limited announced its acquisition of a US entity. Effective February 1, 2020, PPGPL through its wholly owned US […]
Guaido Rubbing Elbows In Surprise Foreign Trip
(Argus, 20.Jan.2020) — The US government is hoping a high-profile international tour by Venezuelan opposition leader Juan Guaido will re-inject momentum into its protracted campaign […]
Chevron Gets 4th Reprieve From Venezuela Sanctions
(Argus, 17.Jan.2020) — Washington will allow Chevron and four US oil field service providers to continue operating in Venezuela until 22 April by granting a […]
After $1bn Venezuela Deal, US Oilfield Firm Shuts Doors
(Reuters, 12.Jan.2020) — An Oklahoma oilfield company that played a central role in Venezuela’s high profile attempt to convince the world it could halt production […]