(Petrobras, 28.Sep.2023) — Petrobras signed a memorandum of understanding with Vale for the development of low-carbon solutions, taking advantage of the technical expertise and synergies of the two companies. The partnership will last for two years and will assess joint decarbonization opportunities, including the development of sustainable fuel initiatives - ...
(WoodMac, 28.Sep.2023) — Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability and required infrastructure investments all make the situation uncertain, according to a recent report from Wood Mackenzie. The report finds that ...
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500mn. Highlights: Aramco agrees to acquire a strategic minority stake in MidOcean Energy for $500mn, with option to increase size of shareholdingStrategic ...
(Reuters, 28.Sep.2023) — U.S. oil producers Exxon Mobil (XOM.N) and Hess Corp (HES.N) have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results. The exit comes as the producers focus on their larger and highly productive Stabroek block, where more than 11 billion barrels of oil ...
(Nucor, 27.Sep.2023) — Today, Nucor Corporation (NYSE: NUE) announced a collaboration with fusion power company, Helion to develop a 500 MW fusion power plant. This transformational project will offer baseload zero-carbon electricity from fusion directly to a Nucor steelmaking facility. Nucor and Helion are working together to set a firm timeline and ...
(Enbridge, 27.Sep.2023) — Enbridge Gas is holding a new capacity open season for C1 firm transportation service of up to 317,000 GJ/d beginning on 1 Nov. 2026, for a minimum five-year term along the following the Dawn (Facilities) to Dawn (Vector) transportation path. The Enbridge Gas Dawn Parkway System is one of ...
(Sempra, 27.Sep.2023) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that Tania Ortiz Mena has been appointed president of Sempra Infrastructure. In this role, Ortiz Mena will lead the company's three business lines – clean power, energy networks, and LNG and net-zero solutions. Ortiz Mena most recently served as group president of clean power ...
(Talos, 27.Sep.2023) — Talos Energy Inc. (NYSE: TALO) and its Mexican subsidiary Talos Mexico announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos ...
(Equinor, 27.Sep.2023) — Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October this year and with an annual volume of 12 TWh. The gas will be delivered at Germany’s virtual trading hub THE (Trading Hub ...
(Equinor, 27.Sep.2023) — Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing $3.8bn. The North Sea Transition Authority (NSTA) granted consent for the development of the field on 27 September. “Developing the Rosebank field ...
(Port of Corpus Christi, 26.Sep.2023) — The U.S. Army Corps of Engineers (USACE) has awarded the fourth and final contract of the Port of Corpus Christi Ship Channel Improvement Project (CIP) to Callan Marine, Ltd., signaling the conclusion of a national infrastructure initiative that will render the ship channel the ...
(bp, 25.Sep.2023) — bp has signed a Memorandum of Understanding (MoU) with Subsea Integration Alliance aimed at developing a framework to enhance subsea project performance. The agreement with the Alliance, which comprises Subsea7 and OneSubsea™, an SLB company, will combine the three companies’ skills, knowledge and experience across a global ...
(Reuters, 25.Sep.2023) — Chevron Corp (CVX.N) plans to add 65,000 barrels per day (bpd) of Venezuelan oil output by the end of 2024 through its first major drilling campaign in the nation since Washington allowed it to restore production clipped by U.S. sanctions, three people familiar with the matter said. The effort ...
(Energy Analytics Institute, 23.Sep.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras saying that in regards the process of divestment of the LUBNOR refinery that it continues to strictly comply w/ the purchase and sale agreement; SilverCrest Metals Inc. filing an ...
(Reuters, 22.Sep.2023) — The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers. LNG developer New Fortress Energy (NFE.O) is planning to begin ...
(Tecpetrol, 22.Sep.2023) — Tecpetrol Investments S.L., a member of the Techint Group, announced has increased its all-cash offer (the "Offer") to acquire all of the issued and outstanding common shares of Alpha Lithium Corporation ("Alpha" or the "Company") to C$1.48 per share and has reduced the two-thirds minimum tender condition ...
(Orex Minerals, 22.Sep.2023) — Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) announced that, effective 27 September 2023, the company will consolidate its issued and outstanding common shares at a ratio of ten (10) pre-consolidation shares to one (1) post-consolidation share. The reasons for the consolidation are to increase the company's flexibility and ...
(Sustainable Energy for All, 22.Sep.2023) — His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country's new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York. The plan marks Ghana's commitment to fighting climate change and fostering economic development in ...
(Southern Power, 21.Sep.2023) — Southern Power, an U.S. wholesale energy provider and subsidiary of Southern Company, announced the acquisition of its 29th solar project — Millers Branch Solar Facility — from EDF Renewables. The 200-megawatt (MW) facility is currently in the early stages of development and has the potential to ...
(PNM Resources, 21.Sep.2023) — Today the New Mexico Public Regulation Commission (NMPRC) approved the unanimous settlement agreement reached by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of PNM Resources (NYSE: PNM), and parties in the case resolving all remaining steps involved in the retirement of the San Juan coal plant under New Mexico's Energy Transition Act ...
(Energy Chamber, 21.Sep.2023) — The Energy Chamber is extremely pleased to hear the news that Trinidad & Tobago and Venezuela have signed an agreement to work on the Dragon field in Venezuelan waters. The Energy Chamber congratulates the Government of Trinidad & Tobago for delivering this agreement, and in particular ...
(Petrobras, 21.Sep.2023) — Petrobras, as a partner in the BM-C-33 consortium, informs that the operator Equinor Energy do Brasil Ltda submitted to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), on 20 September 2023, the declarations of commerciality of the oil accumulations located in the BM-C-33 Concession area ...
(Eni, 20.Sep.2023) — Following the devastating floods that have hit Libya last week as a result of storm Daniel, Eni, in cooperation with the Libyan National Oil Corporation (NOC)’s emergency committee, has mobilized the provision of supplies, rescue teams, and critical equipment to support the people affected by the disaster ...
(TotalEnergies, 20.Sep.2023) — TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least 4 GW of onshore renewable projects in multiple geographies. The partnership aims to leverage both parties’ strengths: TotalEnergies brings its strong experience in the construction and operation of large-scale ...
(TotalEnergies, 20.Sep.2023) — TotalEnergies and Adani Green Energy Limited (AGEL) have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MWac (1400 MWp) portfolio. This portfolio will comprise of a mix of already operational (300 MWac), under construction (500 MWac) ...
(TotalEnergies, 20.Sep.2023) — TotalEnergies announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023 — the doubling of sustainable aviation fuel (SAF) production and construction of a biomethane production unit — in ...
(Coherix, 20.Sep.2023) — Michigan-based Coherix is developing quality-control technology that can improve EV-battery safety, service life and quality while reducing production costs. The company has pioneered the development of 3D machine vision, artificial intelligence and proprietary process-control software to manage critically important processes to seal battery cases and covers in ...
(The Scotia Group, 20.Sep.2023) — A High-Level UNGA consultative session on international finance and energy transition diplomacy, which included sitting and former Heads of State and Government, as well as experts from the RAND Corporation and members of the Scotia Group, was convened on 18 September 2023 by international mediation and energy law ...
(Sinopec, 20.Sep.2023) — The 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporation (Sinopec Group), has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing. The release of the Standard and Beijing Declaration is defining the principles and adding ...
(Energy Analytics Institute, 20.Sep.2023) — The governments of Trinidad and Tobago and Venezuela signed a deal related to energy and bilateral trade. “As good neighbors and brothers, we have taken a gigantic step! With the signing of the agreement to work the Dragon field in Venezuelan waters that will lead ...
(Bloomberg, 20.Sep.2023) — President Nicolás Maduro said Venezuela and Trinidad and Tobago have signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore project. The project, which was halted in 2020 due to US sanctions, entails using a field in Venezuelan waters to produce natural gas, which would ...
(Petrobras, 20.Sep.2023) — Petrobras, following up on the Material Fact of 11 May 2023, informs that it will pay today the second installment of the remuneration to shareholders for the first quarter of 2023. The gross amount to be distributed today is R$0.946789 per common and preferred share in the ...
(Sungrow, 19.Sep.2023) — Sungrow, the global inverter and energy storage system supplier, signed a contract with the Investment Fund WEG-4 to supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. This project, located within the 72.8MW Maria Elena Solar Park in Antofagasta, Chile, will enhance the ...
(Equinor, 19.Sep.2023) — The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is today updating the project cost estimate. The investment estimate has increased by almost NOK 13bn since last year. Our plan for production start in the fourth quarter of 2024 remains unchanged. “Costs are increasing due ...
(Equinor, 19.Sep.2023) — On behalf of the partnership, Equinor has submitted a plan for development and operation (PDO) of the Eirin gas field to the Ministry of Petroleum and Energy. Recoverable reserves in the field are estimated at 27.6 million barrels of oil equivalent, most of which is gas. The ...
(Exmar, 19.Sep.2023) — The reopening of the acceptance period of the voluntary public takeover bid launched by Saverex NV (the “Bidder”) for all shares and share options issued by Exmar NV (“Exmar” or the “Target”) not already owned by it or persons affiliated with it (the “Bid”) ended on Friday ...
(bp, 19.Sep.2023) — bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s interim chief executive officer. Kate is currently bp’s senior vice president, finance for production & operations, responsible for the financial stewardship of ...
(Silver Valley Metals, 18.Sep.2023) — Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF), a brownfield exploration company with two potential high impact projects that comprise silver-zinc-lead located in north Idaho, USA and lithium - potassium (sulphate of potash) located in Zacatecas and San Luis Potosi, Mexico respectively, is pleased to provide a corporate update for both of its ...
(BMO, 18.Sep.2023) — BMO announced a $3mn donation in support of GRID Alternative's (GRID) low-to-no cost solar energy systems and storage, clean mobility, and job training programs for underserved and unserved families throughout California, Colorado, and Native communities in the western United States. GRID, the nation's leading nonprofit solar installer, partners with organizations to build community-powered ...
(Contributor, Adaelizabeth Omaira Guerrero Rodríguez, 18.Sep.2023) — The hydrocarbons industry constitutes the main resource of Venezuela, therefore, the study of this area should be the main interest of Venezuelans, in order to be able to make the most accurate decisions on the appropriate legal regime for its exploitation. State control ...
(Petrobras, 18.Sep.2023) — Petrobras, regarding the pieces of news published in the media, reaffirms that it is carrying out due diligence on Braskem, for the possible exercise of tag along or preemptive rights, in the event of the sale of the shares held by Novonor S.A. in the company, in ...
(EQT, 18.Sep.2023) — EQT Corporation (NYSE: EQT) has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwealth LNG's facility in Cameron, Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the ...
(TotalEnergies, 18.Sep.2023) — Following the devastating floods in Libya last week, TotalEnergies answered Libya's National Oil Corporation's call for support from the very first hours of the tragedy. The Company mobilized land and air logistical resources to provide emergency aid for the thousands of people affected by the disaster in ...
(Bloomberg, 17.Sep.2023) — Brazil is calling on wealthy nations to pay for the world’s transition to sustainable energy as these countries need bolder commitments to make up for their reliance on polluting power sources. Developing countries “cannot finance an energy transition in the mold of Europe and the US,” and ...
(Aramco, 15.Sep.2023) — Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to certain customary conditions, including regulatory approvals. Esmax is a leading ...
(Hess, 15.Sep.2023) — Hess Corporation announced that the special limited Collector's Edition Ocean Explorer toy, commemorating Hess Corporation's 90th anniversary, is now on sale exclusively at HessToyTruck.com for $59.99 with free standard shipping and Energizer® batteries included. This highly limited edition is the third in the Collector's Series and salutes Hess' proud history -- from the ...
(Petrobras, 15.Sep.2023) — Petrobras, following up on the release disclosed to the market on 13 September 2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability ...
(Eni, 15.Sep.2023) — Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS Licence) by the North Sea Transition Authority (NSTA) for the depleted Hewett gas field located 20 km offshore from Bacton, in the Southern North Sea ...
(Arena, 14.Sep.2023) — Arena Energy, LLC, an independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently announced it was awarded seven leases by the Bureau of Ocean Energy Management (BOEM) in Lease Sale 259 . Arena was the successful high bidder on seven leases in Lease Sale ...
(Ecopetrol, 14.Sep.2023) — Banco Latinoamericano de Comercio Exterior (Bladex) announced the successful closing of a $1bn Term Loan Facility for Ecopetrol S.A. Bladex acted as Joint Lead Arranger and three additional financial institutions joined the facility including Deutsche Bank AG as Global Coordinator and Joint Lead arranger. The funds from the Facility will ...
(Petrobras, 14.Sep.2023) — Petrobras, regarding the pieces of news published in the media, informs that, as disclosed to the market on 29 June 2023, the co. decided to continue with the implementation of Train 2 of the Abreu e Lima Refinery - RNEST, after a decision based on a careful ...
(Petrobras, 14.Sep.2023) — Petrobras informs that on 14 September 2023 it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen ...
(Aris Mining, 14.Sep.2023) — Aris Mining Corporation's (TSX: ARIS) (NYSE-A: ARMN) common shares will commence trading on the NYSE American LLC at market open today under the ticker symbol ARMN. Aris Mining's common shares will continue trading on the TSX under the ticker symbol ARIS. Concurrent with the start of ...
(ConocoPhillips, 14.Sep.2023) — ConocoPhillips (NYSE: COP) announced further progress on its global liquefied natural gas (LNG) strategy, signing a commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. This agreement further complements the company’s foundational LNG resource positions in Qatar and Australia, ...
(Citgo, 14.Sep.2023) — Citgo Petroleum Corporation has priced $1.10bn aggregate principal amount of 8.375% senior secured notes due 2029 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended. The closing of the offering is expected to occur on 20 September 2023, subject to customary ...
(Petrobras, 13.Sep.2023) — Petrobras has signed a strategic partnership with WEG, a global Brazilian electronics equipment company, for the joint development of a 7 megawatt (MW) onshore wind turbine, the first of this size to be manufactured in Brazil. This project represents an important milestone for Petrobras, as it will ...
(APA Corporation, 13.Sep.2023) — APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%). Successful appraisal of the two main oil discoveries, with ...
(Ecopetrol, 11.Sep.2023) — Ecopetrol issues the following response in relation to the statement on 8 September 2023 by McDermott International regarding its intention to start financial restructuring proceedings for its CB&I subsidiaries in the United Kingdom and the Netherlands, in the aftermath of the arbitral award issued by the International Arbitration Tribunal of the International ...
(TotalEnergies, 13.Sep.2023) — On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of Staatsolie, TotalEnergies has announced the launching of the development studies for a large oil project ...
(Reuters, 13.Sep.2023) — Guyana has received offers for eight of 14 offshore oil and gas blocks in a bidding round, including from consortiums of oil majors like Exxon Mobil, Hess Corp and TotalEnergies, the government and documents seen by Reuters showed on Wednesday. The Ministry of Natural Resources confirmed that ...
(United/Cemvita, 13.Sep.2023) — Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s first full-scale SAF plant. Under the agreement, signed by Cemvita and United Airlines, Cemvita will supply United Airlines up to 50 million gallons annually for 20 years ...
(Reuters, 12.Sep.2023) — Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company at between $32 billion and $40 billion, according to a court official during a hearing in Delaware on Tuesday. The value of the Houston-based refiner was disclosed during the hearing to update a U.S. judge ...
(Chevron, 12.Sep.2023) — Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC and thus a majority interest in ACES Delta, LLC, which is a joint venture between Mitsubishi Power Americas, Inc. and Magnum Development ...
(Reuters, 12.Sep.2023) — A U.S. judge in Delaware on Tuesday will set the procedure for an upcoming auction of shares in a parent of Venezuela-owned oil refiner Citgo Petroleum to satisfy more than $20 billion in claims by creditors. Dozens of companies and bondholders have flocked to U.S. courts to ...
(Reuters, 12.Sep.2023) — BP CEO Bernard Looney has stepped down after less than four years in office for failing to fully disclose details of past personal relationships with colleagues, the company said on Sept. 12. BP CFO Murray Auchincloss will act as CEO on an interim basis after Looney stepped ...
(Aris Mining, 11.Sep.2023) — Aris Mining Corporation (TSX: ARIS) (OTCQX: TPRFF) announces record gold production of 19,406 ounces at its Segovia Operations in Colombia during August 2023, the highest monthly production since the expansion of the Maria Dama processing plant in 2022. This is a result of our efforts in optimization and improvement and represents ...
(Ecopetrol, 11.Sep.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that as part of the Investor Day celebration at the New York Stock Exchange (NYSE), on 11 September 2023, it will present adjustments to its 2040 Strategy, in accordance with the approval of such adjustments by the Board of Directors pertaining the following ...
(Energy Analytics Institute, 11.Sep.2023) — Eni actually takes the top spot as Africa’s top producer, not TotalEnergies, according to Welligence Energy Analytics. Producing around 900,000 boe/d, 40% of Eni’s output comes from Algeria and Libya. The rest is sourced from Nigeria, Ghana, Congo-Brazzaville, Mozambique, Angola and Tunisia, Welligence announced 11 ...
(Reuters, 11.Sep.2023) — Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters. The Ministry of Mines and Energy will consult businesses interested in taking part in Colombia's first-ever offshore wind ...
(McDermott, 8.Sep.2023) — McDermott International, Ltd has entered into a transaction support agreement with more than 75%, in aggregate, of its secured letter of credit ("LC") providers, funded debt creditors and equity holders to initiate a financial restructuring process to strengthen its capital structure, enhance its liquidity position, and further ...
(CarbonClear, 8.Sep.2023) — CarbonClear, a data-driven carbon credit standard, facilitated Uber Mexico's purchase of carbon credits from iluméxico through Apala Group. This landmark transaction signifies a significant step forward in corporate sustainability efforts and the fight against climate change. iluméxico, a leader in providing sustainable energy solutions across Mexico, has ...
(Schneider Electric, 7.Sep.2023) — Schneider Electric is renewing its long-standing partnership with Habitat for Humanity International. Through the partnership, Schneider Electric will contribute nearly $800,000 in monetary donations along with electrical equipment to help Habitat families reduce their utility costs and make their homes more affordable, sustainable and energy efficient. This ...
(Bristow, 7.Sep.2023) — Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions, and Volocopter, the pioneer of Urban Air Mobility (UAM), have signed an agreement to explore and develop passenger and cargo services for electric vertical takeoff and landing (eVTOL) aircraft in the U.S. and ...
(Arena Energy, 7.Sep.2023) — Arena Energy, LLC, an independent oil and gas exploration company focused on the Gulf of Mexico Shelf, and White Fleet Drilling, LLC, Arena's strategic partner created in 2017 as a jack-up rig services provider and Arena's preferred drilling contractor, announced the christening and mobilization of a refurbished ...
(Repsol, 7.Sep.2023) — Repsol agreed to sell its oil and gas assets in Canada to Peyto for $468mn (approximately €433mn) as part of its ongoing portfolio management to focus activity on core regions. Highlights: The deal is part of Repsol’s ongoing portfolio reorganization to focus activity on core regions.The agreement ...
(Repsol, 7.Sep.2023) — Repsol has taken a significant step to accelerate its multi-energy transformation to net zero emissions by 2050. The Spanish company signed today an agreement to acquire US renewable development company ConnectGen for $768mn (c.€715mn) from Quantum Capital Group’s global renewable energy development platform, 547 Energy. Highlights: Repsol ...
(Touchstone, 7.Sep.2023) — Touchstone Exploration Inc (TSX, LSE: TXP) announces that the Cascadura natural gas and liquids facility has safely delivered first production. Touchstone has an 80% operating working interest in the Cascadura field, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage ...
(Ecopetrol, 6.Sep.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that next Monday, 11 September 2023, it will hold an Investor Day to commemorate the company's 15th anniversary of its listing on the New York Stock Exchange (NYSE). We invite you to be part of this important event for the future of the company ...
(Equinor, 5.Sep.2023) — Equinor has acquired a 26 MW onshore wind farm in Poland from the Helios Group. With this investment, Equinor expands its broad energy offering in Poland and delivers on its market-driven power producer strategy. The Wilko wind farm is located in the Wielkopolska province and will be ...
(Venture Global, 5.Sep.2023) — Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than 100MTPA of nameplate LNG export capacity. To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the ...
(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports ...
(Tellurian, 5.Sep.2023) — Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project. The agreement secures a delivery schedule for the eight LM6000PF+ gas turbines, main refrigerant compressors, and control units ...
(Reuters, 5.Sep.2023) — Shell (SHEL.L) and Trinidad and Tobago's National Gas Company (NGC) are close to agreeing to credit Venezuela's state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to the discussions said. If agreed, the move could help speed ...
(WoodMac, 5.Sep.2023) — The global CCUS project pipeline is buoyant but scaling up needs concerted and consistent effort from governments. Only a handful of countries have policy and regulation ready to adopt CCUS today and the United Kingdom (UK) is one of them, says Mhairidh Evans, Head of CCUS Research ...
(bp, 5.Sep.2023) — bp has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada. With the additional contract to offtake 0.45 million tonnes of LNG per year (mtpa) for 15 years on a free on board (FOB) basis, all ...
(Petrobras, 5.Sep.2023) — Petrobras has acquired 175,000 carbon credits, marking its entry into the voluntary carbon credit market. Each credit represents 1 ton of CO2 equivalent avoided, totaling 175,000 tons of greenhouse gases (GHG) not emitted. These credits correspond to the preservation of an area of 570 hectares of the Amazon ...
(Petrobras, 4.Sep.2023) — Petrobras, following up on the releases disclosed on 03/01/2023, 03/17/2023, 03/29/2023 and 04/03/2023, informs that its Executive Board, based on the new strategic elements approved by the Board of Directors, has adopted the following decisions regarding the respective divestment processes that had not yet reached the stage ...
(Petrobras, 4.Sep.2023) — Petrobras has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities), a multi-strategy equity investment fund of the Mubadala Capital Group, to develop studies covering future business in the downstream segment, with emphasis on evaluating Petrobras' participation in a biorefining project. The Mubadala Capital ...
(Equinor, 31.Aug.2023) — Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf. The contract values are calculated at around $369mn for both firm periods. The COSLPromoter is already contracted to Equinor and will commence on the new contract in ...
(Energy Analytics Institute, 31.Aug.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process related to the LUBNOR refinery; Petrobras commenting on Sete Brasil; FMC Corporation on revenues in Latin America in the second quarter 2023; Sempra appointing Richard Mark to ...
(Equinor, 28.Aug.2023) — Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas. “Commercial CCS solutions are critical for hard-to-abate industries to meet their climate ambitions while maintaining ...
(Petrobras, 28.Aug.2023) — Petrobras has signed memorandums of understanding (MOUs) with the China Development Bank (CDB) and the Bank of China, aimed at (i) evaluating investment opportunities and cooperation in low carbon and green finance initiatives, (ii) financing Petrobras' supply chain, and (iii) increasing and facilitating commercial and financial exchanges ...
(Petrobras, 28.Aug.2023) — Petrobras, following up on the releases disclosed on 23/06/2022 and 24/06/2022, informs that, after fulfilling the precedent conditions set out in the binding contracts signed on 24/06/2022, it has concluded the transfer of its entire stake in the sets of maritime concessions called Golfinho Cluster and Camarupim ...
(Petrobras, 28.Aug.2023) — Petrobras has signed memorandums of understanding (MOUs) with the China Development Bank (CDB) and the Bank of China, aimed at (i) evaluating investment opportunities and cooperation in low carbon and green finance initiatives, (ii) financing Petrobras' supply chain, and (iii) increasing and facilitating commercial and financial exchanges ...
(Petrobras, 28.Aug.2023) — Petrobras, following up on the releases disclosed on 23/06/2022 and 24/06/2022, informs that, after fulfilling the precedent conditions set out in the binding contracts signed on 24/06/2022, it has today concluded the transfer of its entire stake in the sets of maritime concessions called Golfinho Cluster and ...
(Port of Corpus Christi, 25.Aug.2023) — The Port of Corpus Christi and United States Coast Guard (USCG) Sector Corpus Christi are co-sponsoring a full-scale exercise, known as “Port CC PREPARED 2023,” to enhance maritime preparedness. The exercise will be held 25 August 2023 at the entrance to the Inner Harbor ...
(STRYD, 24.Aug.2023) — STRYDE unveiled its new, novel integrated in-field data processing service, STRYDE Lens. This innovative solution is tailored to offer expedited access to interpretation-ready subsurface images, facilitating quicker decision-making. Coming just a little over a year following the introduction of the firm's data processing service, this solution for ...
(Touchstone, 24.Aug.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provides an update on Royston-1X well production testing, commissioning of the Cascadura natural gas and liquids facility, and operations at Coho. Touchstone has an 80 percent operating working interest in the Royston-1X sidetrack well and the Cascadura and Coho fields, all ...
(Nickel Creek Platinum, 24.Aug.2023) — Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) announced the results of a positive pre-feasibility study ("PFS") at its 100%-owned Nickel Shäw Project located in the Yukon, Canada. The PFS has been prepared by AGP Consultants Inc. The estimated Project after-tax net present value (NPV) at a ...
(McDermott Will & Emery, 24.Aug.2023) — International law firm McDermott Will & Emery welcomes Howard Kleinman as a partner in the Transactions Practice Group. Howard brings extensive international experience in mergers and acquisitions, capital markets and financial transactions, with a strong emphasis on businesses and investors in Latin America. "Howard's deep expertise across Latin America gives ...