(Globes, 12.May.2019) â One of the existing partners has exercised its first right of refusal on the rights in the Caesar Tonga oil field. The […]
Category: USA
US Secretary Perry Attends 2019 Concordia Americas Summit
(US DOE, 10.May.2019) â On Monday, May 13, 2019, U.S. Secretary of Energy Rick Perry will travel to BogotĂĄ, Colombia to participate in the 2019 […]
WoodMac: Chevron Exits Bidding War For Anadarko
(WoodMac, 9.May.2019) â Chevron Corporation today announced that it would not offer a counter proposal to Occidental Petroleum’s rival bid to acquire Anadarko Petroleum. Earlier […]
Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19
(Braskem, 8.May.2019) â Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% […]
CSI Compressco Announces 1Q:19 Results, Affirms Full Year Financial Guidance
(CSI, 8.May.2019) â CSI Compressco LP today announced first quarter 2019 consolidated financial results and provided updated 2019 full year guidance. Consolidated revenues for the […]
Talos Energy Conference Call And Webcast Information
(Talos, 8.May.2019) â Talos Energy Inc. will host a conference call, which will also be broadcast live over the internet, on Thursday, May 9, 2019 […]
Talos Energy Reports 1Q:19 Financial, Ops Results On Mexico And US
(Talos, 8.May.2019) â Talos Energy Inc. today announced its financial and operational results for the first quarter of 2019 and an operations update. Key highlights […]
The Smithsonian Showcases The Historic âGreen Bookâ
(Exxon, 7.May.2019) â From its first print run in 1936 to its final edition in 1966, âThe Green Bookâ played a significant role in providing […]
Sempra Energy Reports Higher 1Q:19 Earnings
(Sempra, 7.May.2019) â Sempra Energy today reported first-quarter 2019 earnings of $441 million, or $1.59 per diluted share, up from first-quarter 2018 earnings of $347 […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) â Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s […]
Oxyâs $8.8bn Total Deal âMay Soothe Anadarko Shareholder Jittersâ
(WoodMac, 6.May.2019) â In another bold move in its takeover battle with Chevron for Anadarko Petroleum, on 5 May said Occidental Petroleum entered into a […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the […]
Calling Students Ages 13-18 Years Old To Participate In Science And Math Contest
(Breakthrough, 1.May.2019) â The Breakthrough Prize Foundation announced today the launch of its fifth annual Breakthrough Junior Challenge, a global student science and mathematics competition […]
McDermott Awarded EPC Contract By ENI MĂ©xico For Amoca Field Offshore
(McDermott, 30.Apr.2019) â McDermott International, Inc. announced the award of a contract by ENI MĂ©xico for engineering, procurement and construction of wellhead platform one (WHP1) […]
Oil Tops $73/bbl Then Pares Gains As Venezuela’s Maduro Claims Support
(Reuters, Collin Eaton , 30.Apr.2019) â Oil prices rose on Tuesday above $73 a barrel but then eased off the session high after Venezuela’s president […]
Enel Américas Files 2018 Annual Report On Form 20-F
(Enel, 29.Apr.2019) â Enel AmĂ©ricas, announced today that its 2018 Annual Report on Form 20-F has been filed with the United States Securities and Exchange […]
Venezuelaâs Oil Industry Implosion Reaches Chevron
(Oilprice.com, Tsvetana Paraskova, 25.Apr.2019) â Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevronâs biggest oil joint venture in […]
Newpark Resources Reports 1Q:19 Results, GOM Update
(Newpark, 25.Apr.2019) â Newpark Resources, Inc. today announced results for its first quarter ended March 31, 2019. Total revenues for the first quarter of 2019 […]
DaVita Eyes Using 100 Pct Renewable Energy By 2022
(DaVita, 25.Apr.2019) â By 2022, DaVita Inc. expects to use 100 percent renewable energy. The company has contracted with Longroad Energy on two virtual power […]
LatAmNRG Venezuela Briefs: Oil Worker March, Maduro Denounces Citgo Grab
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) â Heard on the street and LatAmNRG briefs related to a planned oil and gas sector march slated for […]
Shell Announces Deep-Water GOM Discovery At Blacktip Prospect
(Shell, 24.Apr.2019) â Shell Offshore Inc. (âShellâ), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Blacktip prospect in the […]
Occidental Makes $38bn Rival Bid for Anadarko
(WoodMac, 24.Apr.2019) â Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron’s US$33 billion offer earlier this […]
Reuters Corrects Story Saying Venezuela Is Avoiding U.S. Sanctions by Funneling Oil Sales Through Russia
(The Moscow Times, 24.Apr.2019) â Reuters has corrected a story it published on April 18 saying Venezuela is funneling cash flow from oil sales through […]
Shell Strikes Big Oil In Blacktip Well Of Gulf Of Mexico
(Reuters, 24.Apr.2019) â Royal Dutch Shellâs U.S. unit said on Wednesday that it had made one of its biggest oil discoveries in the Blacktip deepwater […]
Venezuela Imports Crude For The First Time In Five Years
(Bloomberg, Lucia Kassai, 24.Apr.2019) â Oil production in Venezuela has dipped so low that the owner of the worldâs largest reserves is importing crude for […]
Murphy Oil Dives Into Deepwater GOM With $1.6bn LLOG Bluewater Deal
(WoodMac, 23.Apr.2019) â Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, […]
Sempra Completes $2.5Bn Divestiture Of Renewables, Non-Utility NatGas Assets
(Sempra, 22.Apr.2019) â Sempra Energy has completed the divestiture of its U.S. renewables business and non-utility natural gas storage assets, generating approximately $2.5 billion in […]
ExxonMobil Inks 20-year LNG Deal With Zhejiang Energy
(Exxon, 22.Apr.2019) â ExxonMobil said today that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. […]
Duke Finalizes Purchase Of 150MW Solar Project From Clearway Energy
(Duke, 22.Apr.2019) â Duke Energy Renewables, a subsidiary of Duke Energy, announced it has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, […]
Venezuela Seeks To Collect Some Oil Payments Via Rosneft
(Reuters, 19.Apr.2019) â The cash-strapped government is becoming increasingly reliant on the Kremlin. Venezuelan state oil company PDVSA has asked at least two of its […]
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
(Reuters, 18.Apr.2019) â All four Indian state-owned refiners that buy Iranian oil are confident of securing additional barrels from other producers, officials from the companies […]
Exclusive: Venezuela Skirts U.S. Sanctions By Funneling Oil Sales Via Russia
(Reuters, Marianna Parraga, 18.Apr.2019) â President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to […]
Shell Awards Contract To Halliburton For Offshore Project In Brazil
(Chron.com, Sergio Chapa, 17.Apr.2019) â Royal Dutch Shell has awarded a three-year contract to Houston oilfield service company Halliburton to explore and develop two projects […]
Altus Power Acquires 19 MW Operating Solar Portfolio
(Altus, 17.Apr.2019) â Altus Power America, Inc. completed the acquisition of a multistate operating portfolio of ground-mounted solar assets. The 19 megawatt (MW) DC portfolio […]
Cameron LNG Reaches Final Commissioning Stage Of First Liquefaction Train
(Sempra, 15.Apr.2019) â Sempra Energy announced that Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of the liquefaction-export project as […]
This New Oil Hotspot Is Replacing Venezuelan Crude
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) â The U.S. sanctions on Venezuelaâs oil industry have tightened the global heavy to medium crude oil market, sending oil buyers […]
Chevron To Gain Anadarkoâs Offshore Guyana Oil Assets After Takeover
(Stabroek News, 14.Apr.2019) â Guyana could see oil exploration activity in the ultra-deepwater region picking up pace in the near future with United States oil […]
Permian Water Disposal Volumes To Double By 2022: Wood Mac
(Wood Mac, 12.Apr.2019) â Water disposal volumes in the Permian Basin are expected to double within the next two to three years, new analysis from […]
Chevron Buys Anadarko In $50bn Cash-And-Stock Deal
(WoodMac, 12.Apr.2019) â Commenting on Chevronâs US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, senior analyst, corporate analysis, said: âThis is the biggest upstream deal […]
Delek Acquires Shell Deepwater Assets, Expanding E&P Footprint
(Wood Mac, 11.Apr.2019) â Delek Group has stepped out of the Gulf of Mexico shelf and into the deepwater, signing an agreement to acquire Shellâs […]
Lights Dimming On Big Oil In Venezuela
(Argus, Patricia Garip, 10.Apr.2019) â Darkness has befallen Venezuela in more than one sense, and incumbent oil companies are scrambling for a ray of light. […]
US Acknowledges Guyanaâs Right To Renegotiate Exxon Deal If It So Chooses
(Stabroek News, 10.Apr.2019) â The United States acknowledges that it is within Guyanaâs sovereign right to renegotiate the controversial Production Sharing Agreement (PSA)Â between the […]
Mexican President Warns Retailers: Keep Gas Prices In Check
(Oilprice.com, Tsvetana Paraskova, 9.Apr.2019) â The Mexican government may consider creating a small network of gas stations that would sell gasoline at lower, âfair pricesâ, […]
Texasâ Pete Olson Calls For Maduro To Release Citgo 6
(The Katy News, 8.Apr.2019) â Rep. Pete Olson (TX-22) issued the following statement calling on the Maduro regime to release the six Citgo executives, five […]
KBR Awarded Pre-FEED Contract For BPâs Greater Tortue Ahmeyim Project
(KBR, 9.Apr.2019) â KBR, Inc. announced that BP has awarded KBRâs UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BPâs […]
KBR Adds BHGE To Development Of Mid-Scale LNG Reference Design
(KBR, 8.Apr.2019) â KBR, Inc. announced it has selected Baker Hughes, a GE company, as part of the ongoing development of KBRâs standardized mid-scale Liquefied […]
Students Put Energy Efficient Cars To The Test At Shell Eco-marathon Americas
(Shell, 7.Apr.2019) â Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title […]
New U.S. Sanctions Seek To Block Venezuelan Oil Shipments To Cuba
(NYT, Annie Karni and Nicholas Casey, 5.Apr.2019) â The Trump administration announced on Friday its latest round of economic sanctions against the government of President […]
Indigo Natural Resources LLC Provides Operational Update
(Indigo, 4.Apr.2019) â Indigo Natural Resources LLC, a privately-owned natural gas and natural gas liquids company with assets in the Haynesville Shale, the Bossier Shale […]
Venezuela Blackouts Cut Oil Output by Half During March
(Bloomberg Fabiola Zerpa, 4.Apr.2019) â Power failures that plunged Venezuela into darkness for much of March also briefly slashed the countryâs crude production by half, […]