(Reuters, Luc Cohen, 25.Jul.2019) — A proposal to modify U.S. oil sanctions on Venezuela to allow crude exports to be bartered for food has divided […]
Category: USA
Bristow Finalizes $385mn Backstop Agreement
(Bristow, 25.Jul.2019) — Bristow Group Inc. today announced that, as part of its previously-filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern […]
Core Laboratories Sets Earnings Call Schedule
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. scheduled a conference call to discuss Core’s second quarter 2019 earnings announcement. The call will begin at 7:30 […]
Core Lab Reports 2Q:19 Results
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. reported that continuing operations resulted in second quarter 2019 revenue of $169,000,000. Second quarter 2019 revenue was impacted […]
Guaido Says To Protect Chevron Assets In Venezuela
(Reuters, Luc Cohen) — Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corp’s assets in the country if the […]
Venezuela’s Oil Output Collapse: IHS Markit
(Ford Tanner, 23.Jul.2019) — Venezuela’s political crisis remains in stalemate. Escalating oil-sector sanctions imposed by the United States have contributed to massive declines in crude […]
U.S. Sanctions Chinese Oil Buyer On Alleged Violations
(Reuters, 23.Jul.2019) — The United States has sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) — It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
IDB Invest Supports Grupo Bancolombia to Issue the First Sustainable Bond
(IDB, 19.Jul.2019) — IDB Invest, member of the Inter-American Development Bank (IDB) Group, subscribed a bond in its entirety for 657,000 million Colombian pesos with Grupo […]
Sanctions Squeeze Venezuela’s EHCO Output
(Petroleum Economist, 18.Jul.2019) — Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades. Venezuela’s upgraders have been forced […]
Qatar Petroleum And Chevron Ink Deal For Mega US Petrochemical Plant
(Qatar Petroleum, 10.Jul.2019) — Qatar Petroleum has signed an agreement with Chevron Phillips Chemical Company LLC to develop a new world-scale petrochemical project in the […]
Venezuela’s CRP Shuts Down After Blackout
(Oilprice.com, Irina Slav, 8.Jul.2019) — Venezuela’s refining complex CRP has been shut down after a blackout that occurred on Sunday, Argus Media reports, citing union […]
Sempra On Cameron LNG With McDermott, Chiyoda
(McDermott, 5.Jul.2019) — McDermott International (McDermott) and Chiyoda International (Chiyoda) announced today they have reached an agreement with Cameron LNG for performance-based commercial considerations related […]
Bechtel Delivers 1st Cargo To Corpus Christi’s Train 2
(Bechtel, 3.Jul.2019) — Bechtel and customer Cheniere Energy announced the completion of the first commissioning cargo with liquefied natural gas (LNG) from Train 2 at […]
Chevron Seeks Relief From Trump’s Venezuela Oil Sanctions
(Bloomberg, Fabiola Zerpa, Peter Millard and Kevin Crowley, 2.Jul.2019) — Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business […]
Building LNG-powered Ships Along U.S./Mexico Border
(Chron.com, Sergio Chapa, 1.Jul.2019) — Keppel AmFELS has built offshore drilling rigs and platforms here for decades. But the last few years have not been […]
Venezuela Reshifts Oil Output
(Reuters, Marianna Parraga and Luc Cohen, 28.Jun.2019) — Venezuelan state oil firm PDVSA is revamping one of its major processing operations geared to supplying U.S. […]
Glencore To Import 1,890,000 Barrels Of Cutter Stock
(Energy Analytics Institute, Piero Stewart, 27.Jun.2019) — EP Petroecuador awarded Glencore Ltda. a deal to import 1,890,000 barrels ± 2% of cutter stock, a diluent […]
Enel Américas Launches Preemptive Rights Offerings
(Enel, 27.Jun.2019) — ENEL AMÉRICAS S.A. announced the launch of the preemptive rights offering in connection with the capital increase approved by the company’s shareholders […]
NASA To Livestream South America Total Solar Eclipse
(NASA, 27.Jun.2019) — NASA has partnered with the Exploratorium in San Francisco to bring live views to people across the world of a total solar […]
Court To Decide Fight For Control Of US Refiner Citgo
(Reuters, 26.Jun.2019) — A U.S. court will decide whether a board of directors appointed by Venezuelan President Nicolas Maduro or one backed by his rival, […]
YPF Nationalization Trial To Continue In The U.S.
(Energy Analytics Institute, Aaron Simonsky, 24.Jun.2019) — The U.S. Supreme Court of Justice dealt another blow to the strategy of the government of Argentina’s President […]
ReneSola And X-Elio To Develop Solar Projects
(ReneSola, 24.Jun.2019) — ReneSola Ltd entered into a development service agreement with X-Elio North America, a subsidiary of X-Elio, a Madrid, Spain-based company specialized in […]
BPs’s Statistical Review Of World Energy, Edition 2019
(BP, 21.Jun.2019) — BP released its Statistical Review of World Energy, edition 2019, which provides a timely and objective insight into those developments and how […]
TPHL Announces Extension Of Expiration Date
(TPHL, 20.Jun.2019) — Trinidad Petroleum Holdings Limited (TPHL) announced that the expiration date has been extended until 5:00 p.m., New York City time, on June […]
US Seeks Info From Guaido’s Ad-hoc Citgo Board
(Reuters, 19.Jun.2019) — An ad-hoc board of directors for U.S. oil refiner Citgo, named by Venezuelan opposition leader Juan Guaido, said on Wednesday it has […]
Canada’s Gulf Coast Exports Up As Venezuela Gap Filled
(Reuters, Collin Eaton, 18.Jun.2019) — Heavy crudes have poured into the United States this spring, offsetting the loss of Venezuelan oil and producing a mini-surplus, […]
Matamoros Turbine Plant To Supply U.S., LatAm Projects
(Chron.com, Sergio Chapa, 17.Jun.2019) — Wind turbine blades that are now being made in the Mexican border town of Matamoros will soon find themselves installed […]
Schneider Electric Launches 1st U.S. Smart Factory
(Schneider, 13.Jun.2019) — Schneider Electric launched the first Smart Factory in the U.S. to demonstrate in real time how its EcoStruxure architecture and related suite […]
Renewables Can Benefit The Upstream Business: WoodMac
(WoodMac, 12.Jun.2019) — One of the hottest topics at APPEA was how to use renewables to benefit an upstream business, rather than replace it. At […]
Poland’s PGNiG And Venture Global LNG To Acquire 1.5 MTPA Of LNG
(Venture Global, 12.Jun.2019) — In connection with the state visit of The President of Poland, Andrzej Duda to Washington D.C., the Polish Oil and Gas […]
NYSE Issues Continued Listing Standard Notice To Pioneer Energy Services
(Pioneer, 12.Jun.2019) — Pioneer Energy Services announced that it has been notified by the New York Stock Exchange (NYSE) that its common stock does not […]
IEnova Reports Mechanical Completion Of Sur de Texas-Tuxpan Pipeline
(IENova, 11.Jun.2019) — Infraestructura Marina del Golfo, a joint venture between TC Energy Corporation and Infraestructura Energética Nova (IEnova), announced its Sur de Texas-Tuxpan Pipeline […]
FMC Corp. Realigns Leadership Structure In The Americas
(FMC, 11.Jun.2019) — FMC Corporation announced that it is realigning the leadership structure for its North America and Latin America regions. Ronaldo Pereira, president, FMC […]
Comstock Resources Takes Haynesville Lead With $2.2 Billion Covey Park deal
(WoodMac, 10.Jun.2019) — Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park. Greig […]
Millions To Collaborate Worldwide For World Oceans Day This June 8
(World Oceans Day, 7.Jun.2019) — The World Oceans Day Youth Advisory Council will help steer the way this week leading up to World Oceans Day […]
U.S. Tightens Venezuela Oil Sanctions, Indicates More Actions To Come
(Reuters, Roberta Rampton, 6.Jun.2019) — The U.S. Treasury Department on Thursday tightened its pressure on Venezuela’s state-owned oil company by making clear that exports of […]
Citgo’s Search For CEO Moves Forward, Includes Former PDVSA Executives
(Reuters, Marianna Parraga, 6.Jun.2019) — Citgo Petroleum Corp, the U.S. arm of Venezuela’s state-run oil firm PDVSA, is moving toward appointing a new chief executive, […]
McDermott Reveals Contract Deal For Mozambique LNG Development
(McDermott, 5.Jun.2019) — McDermott International, Inc. announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract […]
US’ Refineries Need Mexican Crude Oil
(CNN, Matt Egan, 5.Jun.2019) — The Trump administration’s threatened tariffs on Mexico couldn’t come at a worse time for America’s oil refineries. Mexico is the […]
Southern Power Completes Expansion Of Mankato Energy Center Unit
(Southern Power, 4.Jun.2019) — Southern Power announced the second combined cycle unit of the Mankato Energy Center expansion in Mankato, Minn., is complete. The expansion […]
Exploring The Innovative Evolution Of Hydraulic Fracturing
(JPT, Matt Zborowski, 3.Jun.2019) — Fueled by a culture of innovation, hydraulic fracturing has transformed the energy landscape from inside North America out. But achieving […]
Cheniere Makes Positive FID On Train 6 At Sabine Pass Liquefaction Project
(Cheniere, 3.Jun.2019) — Cheniere Energy, Inc. announced its Board of Directors has approved a comprehensive capital allocation framework for the Company that prioritizes reinvestment of […]
YPF Prepares First Shipment Of Liquefied Natural Gas From Argentina
(Reuters, 2.Jun.2019) — Argentine oil company YPF SA said on Sunday that it began loading the first shipment of liquefied natural gas (LNG) for export […]
Mexico Is Our Most Important Natural Gas Export Market
(Forbes, Robert Rapier, 2.Jun.2019) — Last week the Trump Administration announced plans to impose a 5% tax on all goods imported from Mexico unless “the […]
Hydraulic Fracturing
(JPT, Zillur Rahim, Saudi Aramco, 1.Jun.2019) — As gas development focuses more on tight and ultratight formations, the challenges to produce economically become diverse and […]
Cameron LNG Ships Out First Commissioning Cargo From LNG Plant
(Sempra, 31.May.2019) — Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has shipped the first commissioning cargo of liquefied natural gas (LNG) […]
Bristow Inks Five Year Deal With BP
(Energy Analytics Institute, Jared Yamin, 31.May.2019) — Bristow Group Inc. signed a new deal with BP plc to support its North Sea operations. The contract, […]
Canadian Solar Signs 1,800 MW Supply Deal With EDF Renewables North America
(Canadian Solar, 29.May.2019) — Canadian Solar Inc. announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 […]
CNR Snaps Up Devon’s Canada Assets In US$2.8 Billion Deal
(WoodMac, 29.May.2019) — Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy’s Canadian assets, marking the company’s seventh major acquisition […]