HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per […]
Category: USA
Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Exxon Mobil Corporation announced fourth-quarter 2024 earnings of $7.6bn, or $1.72 per share assuming dilution. Cash […]
Baker Hughes Eyes 100 MTPA of FIDs in 2024-2026
HOUSTON, TEXAS (Energy Analytics Institute, 30.Jan.2025) — Baker Hughes expects 100 million tonnes per annum (MTPA) of final investment decisions (FIDs) between 2024-2026, according to […]
US Upstream M&A Deals Reach $105bn in 2024
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — Enverus subsidiary Enverus Intelligence® Research (EIR), said upstream merger & acquisition (M&A) deals closed in […]
Core Laboratories Eyes 2025 Strategic Plan with Constructive Long-term Outlook
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — In 2025, Core Laboratories plans to continue to execute its strategic plan of technology investments targeted […]
DEEP and SLB to Develop Canada’s First Next-Generation Geothermal Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — DEEP Earth Energy Production Corp. revealed a strategic collaboration with SLB aimed at development of Canada’s […]
EAI reveals 2025 editorial calendar and SPAD opportunities
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025, Words: 570) — Energy Analytics Institute (EAI), formerly LatinPetroleum.com, revealed its editorial calendar for 2025, which offers […]
Hess Reports Massive 52% Increase in Net Guyana Production
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Jan.2025) — Hess Corporation reported net oil production offshore Guyana in the Stabroek Block of 195,000 barrels […]
W&T Offshore Closes $350mn Senior Second Lien Notes Offering
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — W&T Offshore, Inc. closed its previously announced offering of $350mn on 28 Jan. 2025 for an […]
Vermilion Prices $400mn Senior Unsecured Notes
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Vermilion Energy Inc. announced the pricing of its previously announced private offering of up to $400mn […]
Chevron, Engine No. 1 and GE Vernova to Power US Data Centers
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Engine No. 1 — an investment firm that builds and invests in companies that are driving the […]
Lucid Reveals NACS Fast Charging Network for EVs
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Lucid Group, Inc., a maker of electric vehicles, announced details about the Lucid Gravity’s highly innovative […]
Prosperity Works and Chaberton to Develop Over 28 MW of New Mexico Solar
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Seizing on the newly open community solar market in New Mexico, Prosperity Works and Chaberton Energy […]
Nucor Reports Net Earnings of $287mn in the 4Q:24
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Jan.2025) — Nucor Corporation announced consolidated net earnings attributable to Nucor stockholders of $287mn, or $1.22 per share […]
Port of Corpus Christi Moved 206.5mn Tons in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 27.Jan.2025) — The Port of Corpus Christi and its customers moved 206.5mn tons through the Corpus Christi […]
Kuva Systems Awarded $5mn Contract with US DOE’s MERP
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — Kuva Systems was awarded a $5mn contract with the US Department of Energy‘s (DOE) Methane Emissions […]
Nature’s Miracle Inks Order for Up to 2,000 EVs in Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 23.Jan.2025) — Nature’s Miracle Holding Inc. announced the receipt of a purchase order from the National Transport […]
Chevron Boasts First Oil at Future Growth Project in Kazakhstan
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Chevron Corporation‘s 50% owned affiliate Tengizchevroil LLP (TCO) started oil production at its Future Growth Project […]
Ovintiv Closes $2bn Uinta Asset Divestment to FourPoint Resources
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 22.Jan.2025) — Ovintiv Inc. closed a previously announced all cash sale of substantially all its Uinta assets, located in Utah, […]
Woodside Reports 3.6% Rise in Production in 2024 Driven by Sangomar Offshore Senegal
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 22.Jan.2025) — Woodside Energy reported record full-year production of 194 million barrels of oil equivalent or MMboe […]
New Fortress Inks GSA with Energiza in Puerto Rico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — New Fortress Energy Inc. (NFE) executed a 20-year gas supply agreement with Energiza to provide natural […]
NASA Awards Logistics, Metrology Support Services Contract
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — Houston-based NASA awarded a small business set-aside contract to Apache Innovations JV of Albuquerque, New Mexico, to […]
Sheinbaum Says Name of Mexico’s Gulf of Mexico Remains the Same
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said that US President Donald Trump’s remarks regarding changing the name […]
Donald Trump US Presidential Inauguration Speech: Transcript 20 Jan. 2025
WASHINGTON, DC (The White House, 20.Jan.2025) — The 47th president of the US, Donald Trump, was inaugurated on 20 Jan. 2025. During his speech, Trump […]
‘Drill Baby Drill’: Expanding US Supply
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Jan.2025) — Pro-infrastructure and pro-oil policies have the potential to significantly boost industry efficiency, according to US Energy […]
Houston Prepares for Below Freezing Weather
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 18.Jan.2025) — Residents around the so-called energy capital of the world, Houston, are preparing for below freezing weather […]
LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 […]
IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]
UK-based bp to Reduce Workforce by 5%, Says The Wall Street Journal
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 16.Jan.2025) — In a cost-cutting move, bp looks to cut 4,700 internal positions, which represent around 5% of […]
US Treasury Releases Guidance on Clean Energy Credits
WASHINGTON, DC (US Department of the Treasury, 16.Jan.2025) — Today, the US Department of the Treasury and Internal Revenue Service (IRS) are releasing additional guidance on […]
Arkansas Lithium Project Finalizes $225mn US DOE Award
(Editors at Energy Analytics Institute, 16.Jan.2025) — The US Department of Energy (DOE) finalized a $225mn grant for the South West Arkansas (SWA) lithium project […]
FACT SHEET: Mineral Extraction from Brines
(Editors at Energy Analytics Institute, 16.Jan.2025) — Direct Lithium Extraction (DLE) is a method of producing lithium from lithium-rich saltwater typically from deep underground reservoirs […]
Trinity Gas Storage’s East Texas Facility Comes Online
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) — Independent gas storage company Trinity Gas Storage, LLC commenced operations of Phase I at its state-of-the-art […]
A Delayed Energy Transition and the Upstream Sector
LONDON, ENGLAND (Woodmac, 16.Jan.2025) — As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on […]
Venezuela’s Maduro Says Oil Sector of OPEC Country Grew 14% in 2024
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Venezuela’s president Nicolás Maduro Moros said his country’s petroleum sector grew 14% in 2024 amid […]
Uranium Energy Boosts Holdings in Anfield Energy
(Editors at Energy Analytics Institute, 15.Jan.2025) — Uranium Energy Corp. completed the acquisition of 107,142,857 common shares of Anfield Energy Inc. on 15 Jan. 2025 […]
Ecopetrol to Temporarily Reduce Conversion Cost of Purchase and Sale ADRs by 50%
(Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Bogota-based Ecopetrol reached an agreement with JPMorgan Chase Bank N.A., the depositary bank of its American Depositary Receipts […]
Talos finds commercial hydrocarbon quantities at Katmai West #2 in the US GOM
BATON ROUGE, LOUISIANA (BY Steve Stewart, Energy Analytics Institute, 15.Jan.2025, Words: 401) — Houston-based Talos Energy Inc. said the Katmai West #2 well located in […]
Well Done Foundation to Plug Over 110 Orphan Wells Starting in 2025
(Editors at Energy Analytics Institute, 15.Jan.2025) — Well Done Foundation (WDF), a national nonprofit whose mission is to plug orphaned oil and gas wells across […]
AWS to Create LatAm Digital Region in Mexico, Invest $5bn in Querétaro
(Fidencio Casillas, Energy Analytics Institute, 14.Jan.2025) — Amazon Web Services (AWS) plans to invest $5bn in Querétaro state in Mexico. The decision will generate over […]
Claudia Sheinbaum’s Plan Mexico contemplates a $277bn investment portfolio
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 13.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo presented ‘Plan Mexico’ on 13 Jan. 2025. The plan is […]
US 8th LNG Export Terminal Plaquemines LNG Ships First Cargo
(Editors at Energy Analytics Institute, 13.Jan.2025) — Plaquemines LNG, the US 8th liquefied natural gas (LNG) export terminal, shipped its initial cargo on 26 Dec. […]
Commentary: near-term triggers for ECA, Saguaro Energia, Vista Pacifico and Salina Cruz
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Jan.2025) — Natural gas-short Mexico looks to utilize its proximity to Asia to offer primarily US and […]
LatAm NRG Heard: US Sanctions PDVSA Head, Milei’s Popularity, BP Shuts Azerbaijan Platform
(Editors at Energy Analytics Institute, 10.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 10 Jan. 2025. […]
Official Statement: Condemning Nicolás Maduro’s Illegitimate Attempt to Seize Power in Venezuela
(US Department of State, 10.Jan.2025) — US Secretary of State Antony J. Blinken issued a statement regarding the situation in Venezuela, including new actions against […]
Official Statement: Multilateral Action Maintains Pressure on Maduro and his Representatives
(US Department of Treasury, 10.Jan.2025) — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning eight Venezuelan officials who lead […]
Constellation to Buy Calpine in $16.4bn Cash, Stock Deal
(CONSTELLATION, 10.Jan.2025) — Constellation and Calpine Corp. announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and […]
Venture Global and Cheniere Energy Seen Ushering in Next US LNG Wave
(Editors at Energy Analytics Institute, 10.Jan.2025) — A long-awaited wave of new LNG demand is coming into view from 2 Gulf Coast projects, Venture Global and […]
Kimmeridge Texas Gas Prices $500mn Notes at 8.50%
(Editors at Energy Analytics Institute, 9.Jan.2025) — Kimmeridge Texas Gas (KTG) successfully priced its inaugural $500mn senior unsecured notes offering at 8.50%. Net proceeds from […]
Shell Starts Production in US GOM at 100,000 boe/d Whale Development
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — Shell plc subsidiary Shell Offshore Inc. announced the start of production at the Shell-operated Whale floating […]