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(SBM, 12.Apr.2024) — SBM Offshore announced that ExxonMobil Guyana Limited (EMGL) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO Jaguar. Ownership will transfer to EMGL prior to the FPSO’s installation ...
(ExxonMobil, 12.Apr.2024) — ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027. “Our sixth multi-billion-dollar ...
(Energy Analytics Institute, 11.Apr.2024) — Brazilian energy giant Petrobras said a  precautionary decision was issued on 11 Apr. 2024 in the context of a popular action underway at the 21st Federal Court of São Paulo, which determined the suspension of Mr. Pietro Adamo Sampaio Mendes from his position as a ...
(Energy Analytics Institute, 12.Apr.2024) — Energy briefs as well as others related to finance and projects during Apr. 2024 including ExxonMobil, Hess and CNOOC announcing a $12.7bn FID for their sixth project offshore Guyana dubbed Whiptail; Volvo Group looking to build a new heavy-duty truck manufacturing plant in Mexico to ...
(PetroTal, 11.Apr.2024) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the following operational, financial and corporate updates. All amounts are in US dollars unless stated otherwise. Q1 2024 Production PetroTal achieved average production of 18,518 barrels of oil per day (bopd) in Q1 2024, in line with ...
(GeoPark, 11.Apr.2024) — GeoPark Limited (NYSE: GPRK) has submitted a binding offer to acquire a non-operated working interest (WI) in unconventional blocks in the Neuquen Basin in Argentina. As of the date of this release, the offer has been accepted by the seller and the parties are working on an ...
(GoGold, 10.Apr.2024) —GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) reported production ending 31 Mar. 2024 of 375,745 silver equivalent ounces, consisting of 138,657 silver ounces, 2,184 gold ounces, 93 tonnes of copper, and 92 tonnes of zinc. With the SART Zinc circuit commissioning completed, this marks the first quarter where Parral produced a saleable zinc product. "Now ...
(BloombergNEF, 10.Apr.2024) — Despite posting only modest growth in 2023, China remains by far the largest market for energy transition spending, reaching $676bn in 2023, according to a report by BloombergNEF. This is 38% of the global total. The US is the second-largest funding destination for energy transition technologies, with ...
(Petrobras, 9.Apr.2024) — Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, ...
(APA Corp., 9.Apr.2024) — APA Corporation (Nasdaq: APA) announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum. The changes are effective immediately. “Building on the momentum of our recently closed acquisition, we ...
(Energy Analytics Institute, 8.Apr.2024) — Petrobras said that on 5 Apr. 2024 a precautionary decision was published within the scope of a popular action in progress at the 21st Federal Court of São Paulo, which determined the suspension of Mr. Sérgio Machado Rezende from the exercise of the position of ...
(Energy Analytics Institute, 8.Apr.2024) — Petrobras is technically evaluating the draft of the public call for tenders, as is its regular practice whenever alternatives are offered in relation to tax litigation. The announcement relates to news published in the media about a possible tax transaction, the state energy giant said ...
(TotalEnergies, 8.Apr.2024) — Papua New Guinea Prime Minister James Marape and TotalEnergies Chairman and CEO Patrick Pouyanné met together to discuss the status of the Papua LNG project. On this occasion, Pouyanné reaffirmed to the Prime Minister that TotalEnergies, operator of the project, and its international partners ExxonMobil, Santos, and ...
(CGG, 8.Apr.2024) — CGG announced that S&P Global Ratings has upgraded the company’s issuer credit rating to ‘B’ from ‘CCC+’. S&P noted “a markedly stronger 2024–2025 financial performance” as a reason for the upgrade. “We believe that S&P’s rating upgrade aligns with our recently communicated financial roadmap”, said CGG CFO ...
(Energy Analytics Institute, 6.Apr.2024) — Brazilian energy giant Petrobras, in regards to recent news published in by the local media in Brazil, clarifies that the payment of extraordinary dividends was not on the agenda of the company's Board of Directors meeting held on 5 Apr. 2024, the company said 6 ...
(Ministry of Energy and Energy Industries, 5.Apr.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that steps have been taken to progress operations to the hydrocarbon removal phase of the overturned vessel off the coast of Cove, Tobago. Investigations inclusive of a tank-by-tank analysis to determine both the ...
(Ecopetrol, 5.Apr.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the following senior management changes: Ana Milena López, submitted her voluntary resignation as Corporate Vice President of Finance and Sustainable Value effective on 12 Apr. 2024. María Catalina Escobar Hoyos, our current Value Maximization Manager, will temporarily take over this position ...
(Chevron, 4.Apr.2024) — Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45mn in Series A financing led by CNE. The capital raised will continue to fund ...
(Energy Analytics Institute, 4.Apr.2024) — Rio de Janiero-based Petrobras, with regards to news published by the local Brazilian media about the payment of extraordinary dividends, said 4 Apr. 2024 in an official statement that there was no decision regarding the distribution of such amounts. According to the so-called material fact ...
(Rystad Energy, 4.Apr.2024) — As the deadline for US sanctions relief on Venezuela ends on 18 Apr. 2024, the outlook for the South American nation’s oil industry appears uncertain. If the US does not reimpose sanctions, Venezuela could surpass the 1 million barrels per day (bpd) threshold as early as ...
(CMS Energy, 3.Apr.2024) — In ancient times, some thought a dragon was swallowing the sun, or that it was the end of the world. These days, it's an occasion for gawking, a scramble for the right shades and social media posting. But for Consumers Energy's solar power plants, next week's ...
(TotalEnergies, 3.Apr.2024) — On the occasion of Belgian Energy Minister Tinne Van der Straeten's visit to TotalEnergies' Antwerp refinery battery storage project, the company announced the development in Belgium of a second similar project. The new project will be developed on the site of TotalEnergies’ depot in Feluy. It will ...
(PGS, 3.Apr.2024) — PGS, a fully integrated marine geophysical company, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. The Ramform Sovereign vessel was mobilized to the acquisition area in Mar. 2024 and ...
(TGS, 3.Apr.2024) — TGS, a global energy data and intelligence provider, alongside JV consortium partners PGS and SLB, announces the commencement of a multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project ...
(Petrobras, 3.Apr.2024) — Petrobras, following up on the communication from 20 Mar. 2024, informs that it has received correspondence from minority shareholders holding common shares requesting the replacement of candidates for the positions of main and alternate members of the Fiscal Council (FC), for the election to be held at ...
(Valmet Oyi, 2.Apr.2024) — Valmet has completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG. The closing of the transaction follows the agreement that was announced on 17 Jul. 2023. The Process Gas Chromatography & Integration business of Siemens is a market leader with its MAXUM ...
(Hanwha, 2.Apr.2024) — Hanwha Group has submitted an indicative offer to the Australian headquartered Austal board to acquire the global business of Austal, via a scheme of arrangement, subject to satisfactory due diligence.  Hanwha brings important capabilities and investment to support Austal's business and local Australian communities while aligning with government ...
(McDermott, 2.Apr.2024) — McDermott announced Maurizio Coratella as Executive Vice President and Chief Operating Officer effective 1 May 2024. In his new role, Coratella will apply his more than three decades of industry leadership and engineering and construction expertise to continue the momentum established by the company's growing backlog and expanding energy transition practice. He ...
(Bendito Resources, 2.Apr.2024) — Bendito Resources Inc. has entered into a Membership Interest Purchase Agreement with Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, LLC (collectively, the "Vendor") pursuant to which Bendito will acquire (the "Transaction") from the Vendor 100% of Mt Hamilton LLC, the owner of the Mt. Hamilton gold ...
(Reuters, 2.Apr.2024) — U.S. officials are open to ending President Joe Biden's pause on approvals of liquefied natural gas exports to get a Ukraine aide package passed in Congress but want to wait to see the entire proposal before making any decisions, two White House sources said on Tuesday. Biden, ...
(SLB, 2.Apr.2024) — SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Highlights: Acquisition strengthens SLB as a leader in production space, with world-class production chemicals ...
(DME, 1.Apr.2024) — Desert Mountain Energy Corp. (DME) updated its shareholders on the current operational developments in New Mexico and Arizona.  From the President of the Company. DME has successfully installed the necessary physical equipment for the helium processing plant in New Mexico, achieving its initial objective of becoming a ...
(Noble, 31.Mar.2024) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) announces changes to its share capital. During the period since 29 Feb. 2024, 30,833 new A ordinary shares each with a nominal value of USD 0.00001 have been issued. 216 new A ordinary shares have been issued to certain holders of ...
(Energy Analytics Institute, 31.Mar.2024) — Energy briefs as well as others related to finance and projects during Mar. 2024 including Argentine inflation reaching 13.2% in Feb. 2024 and trailing 12-month inflation reaching 276.2%; Petrobras saying it will not create a new reserve; NextDecade targeting a positive final investment decision (FID) ...
(Sumitomo Corporation of America, 29.Mar.2024) — American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services, LLC announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a feasibility study with the aim to be one of the pioneers in establishing a comprehensive and competitive ...
(Energy Analytics Institute, 26.Mar.2024) — Exmar released details and highlights related to its activities in 2023 spanning the Marine XII project in Congo to Exmar re-entering the drilling segment as well as some subsequent events such as Exmar expanding its holding in Vantage Drilling. Press_Release_Results_2023.01Download ____________________ By Aaron Simonsky. © Energy ...
(Eni, 26.Mar.2024) — Eni renewed its membership participation in the MIT Energy Initiative (MITEI) as a Founding Member until end of 2027, furthering its commitment to the field of low-carbon energy research. The agreement demonstrates Eni’s consideration of innovation and research as core drivers behind its short-, medium- and long-term ...
(Eni, 25.Mar.2024) — Eni, Fincantieri, one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have signed an agreement to develop joint initiatives for the energy transition.  The partnership formalises the commitment to develop ...
(AFP, 23.Mar.2024) — Caracas has long laid claim to Essequibo, which makes up about two-thirds of Guyana's territory, but started taking active steps to retrieve the land after massive offshore oil deposits were discovered there in 2015. Lawmakers unanimously approved a law on Thursday that was drawn up after a ...
(AP, 23.Mar.2024) — A former fighter pilot jailed in Venezuela in February for his ties to a prominent human rights attorney is an employee of U.S. oil firm Chevron, The Associated Press has learned, an arrest that combined with other recent repressive acts by Nicolás Maduro’s government is straining efforts ...
(Ecopetrol, 22.Mar.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Refinería de Cartagena S.A.S. (Reficar) has been notified of the decision to approve the alternative financial restructuring plan of Chicago Bridge & Iron Company N.V. (CB&I N.V.), reached on 21 Mar. 2024, by the District Court of Amsterdam in the ...
(Westlawn Group, 22.Mar.2024) — Westlawn Group LLC and Westlawn Americas Offshore LLC (WAO), a portfolio company of Westlawn, signed a definitive Purchase and Sale Agreement to acquire a 20% working interest in the BS-4 concession in Brazil. The working interest position, which is being acquired from the field's operator Enauta Energia S.A., will ...
(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting staff, vendors etc), a record compared to the prior record of 7,200+ delegates at CERAWeek 2023. CERAWeek counted on 1,400 speakers and tons of S&P ...
(Reuters, 21.Mar.2024) — The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves BP, Energy Minister Stuart Young said on Thursday. The Manakin-Cocuina areas are part of the ...
(Touchstone, 21.Mar.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) reports its operating and condensed financial results for the three months and year ended 31 Dec. 2023. Selected financial information is outlined below and should be read in conjunction with our 31 Dec. 2023 audited consolidated financial statements and related Management's discussion ...
(Petrobras, 20.Mar.2024) — Petrobras, following up on the Material Facts of 11/09/2023, 11/21/2023 and 03/13/2024, announced it will pay today the second installment of dividends relating to the balance sheet of 30 Sep. 2023. The gross amount to be distributed today is R$ 0.68864344 per common and preferred share, in ...
(Petrobras, 20.Mar.2024) — Petrobras has so far received nominations from the Federal Government (Controlling Shareholder) and Minority Shareholders for the elections to the Board of Directors and Fiscal Council, to be held at the company's Annual General Meeting (AGM), scheduled for 25 Apr. 2024. Based on the company's internal governance ...
(WoodMac, 20.Mar.2024) — A recent report by ‘Wood Mackenzie Zinc Markets Service’ warns that efforts to decarbonise the steel industry through adopting Direct Reduced Iron Plant (DRI) production with green hydrogen could have significant implications for the circularity of zinc. The shift towards the use of more DRI in electric ...
(Venture Global, 18.Mar.2024) — Venture Global LNG announced the acquisition and construction of a new large fleet of LNG-powered vessels. Venture Global’s fleet will include nine vessels, currently under construction in South Korea, that will be delivered starting later this year. Six vessels will have a cargo capacity of 174,000 ...
(AP, 16.Mar.2024) — It’s her choice — but one on which the hopes of millions of Venezuelans fighting to restore their democracy depends. Barred from running for office, opposition leader María Corina Machado is facing pressure from foreign leaders and fellow government opponents to abandon her dead-end presidential candidacy ahead ...
(AES Andes, 15.Mar.2024) — AES Andes S.A., a sociedad anónima abierta, or a publicly traded open stock corporation, organized under the laws of the Republic of Chile announced: the early results of the previously announced offers to purchase for cash (the "Tender Offers") any and all of its outstanding 5.000% Senior Notes ...
(Petrobras, 15.Mar.2024) — Petrobras, following up on the release disclosed on 22 Dec. 2023, informs that it is continuing discussions with Mubadala Capital regarding the formation of a downstream partnership in Brazil, the scope of which involves evaluating the acquisition of a stake in the Mataripe S.A. Refinery (RefMat) and ...
(Petrobras, 15.Mar.2024) — Petrobras, regarding the article "Controversy puts dialogue between Petrobras and the market in check", published in Valor Econômico this Friday, reiterates that the company did not promise or signal a direction for extraordinary dividends at an event with analysts and investors, as already disclosed in a release ...
(ExxonMobil, 15.Mar.2024) — ExxonMobil Guyana announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024. The Bluefin well encountered approximately 197 feet (60 metres) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 metres) of water. The ...
(Steel Tube Institute, 14.Mar.2024) — The Steel Tube Institute (STI) – an organization that brings together key producers in the steel industry to advance the use of steel tubing – today declared its support of new legislation preventing illegal steel imports from Mexico into the United States. Senators Tom Cotton (R-Arkansas) and Sherrod ...
(SBM Offshore, 14.Mar.2024) — SBM Offshore and Technip Energies signed a Memorandum of Understanding for the creation of a joint venture entity, EkWiL. The new company will be a Floating Offshore Wind (FOW) pure player, capable of proposing a wide range of solutions to clients. Highlights: Two global leaders in Floating ...
(Nucor, 14.Mar.2024) —  Nucor Corporation (NYSE: NUE) announced guidance for its first quarter ending March 30, 2024. Nucor expects first quarter earnings to be in the range of $3.55 to $3.65 per diluted share. Nucor reported net earnings of $3.16 per diluted share in the fourth quarter of 2023 and ...
(Kootenay Silver, 14.Mar.2024) — Kootenay Silver Inc. (TSXV: KTN) initiated its' Q1 diamond drilling program at Columba Silver Project in Chihuahua, Mexico. The proposed program includes 15-17 drillholes for a combined 5,000m and is designed to expand upon previous intercepts along the highly prospective D-Vein target. Recent drilling in late 2023 focused ...
(Sempra, 14.Mar.2024) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), reached a positive final investment decision for the development, construction and operation of the Cimarron wind project, the third phase of the Energía Sierra Juarez (ESJ) wind complex. The Cimarron wind project will total approximately 320 megawatts (MW) ...
(WoodMac, 14.Mar.2024) — Gas prices in Europe could fall as low as US$6.70 per million British thermal units (mmbtu) in the summer as the mild winter will see storage levels remain above 55% according to a new report by Wood Mackenzie. The report, ‘‘Europe gas and power markets short-term outlook ...
(WoodMac, 14.Mar.2024) — Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie. The Wood Mackenzie report “Class of 2024: benchmarking this year’s upstream FIDs” states ...
(Energy Analytics Institute, 14.Mar.2024) — Parties from Trinidad and Tobago and Venezuela met in Caracas, Venezuela on 13 Mar. 2024 to commence engagement, discussions and negotiations related to the cross border Manakin/ Cocuina hydrocarbon field. The presentations and discussions including the exchange of technical information and negotiation of legal terms ...
(Bloomberg, 14.Mar.2024) — Board members of Colombia’s state oil company are objecting to President Gustavo Petro’s attempt to overhaul it with new directors as he works to wean the country off fossil fuels. Ecopetrol SA’s governance committee issued a report Tuesday that said none of the five candidates proposed by ...
(Petrobras, 12.Mar.2024) — Petrobras, regarding the article "Presentation to analysts in NY would have signaled payment of dividends by Petrobras", published in Valor, clarifies that the company did not promise or signal any indication of extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024. Petrobras ...
(Eni Spa, 12.Mar.2024) — Eni announced the closing for the sale to Perenco of Eni participation interest in several upstream permits in Congo, non-core to the company strategy in the Country, after having obtained the approval of relevant authorities. The transaction is consistent with Eni’s strategy to focus its Upstream ...
(Ecopetrol, 11.Mar.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), in accordance with the subscription of the Declaration of the Nation as majority shareholder and complying with the established procedure, the current representatives of the hydrocarbon producing departments in which Ecopetrol operates, signed a document through which they unanimously agreed to nominate ...
(NextDecade, 11.Mar.2024) — NextDecade Corporation (NASDAQ: NEXT) provided an update on developmental and strategic activities for the fourth quarter 2023 and early 2024. CEO Commentary "We are committed to maximizing long-term value for NextDecade's shareholders by executing our business strategy efficiently and effectively," said Matt Schatzman, NextDecade's Chairman and Chief ...
(Aramco, 10.Mar.2024) — The Saudi Arabian Oil Company announced its full-year 2023 financial results, reporting a net income of $121.3bn, its second-highest ever net income. The results, underpinned by Aramco’s unique operational flexibility, reliability and low-cost production base, reflect the company’s ongoing commitment to creating value for its shareholders.  saudi-aramco-fy-2023-results-press-release-englishDownload ...
(Petrobras, 12.Mar.2024) — Petrobras, regarding the article "Presentation to analysts in NY would have signaled payment of dividends by Petrobras", published in Valor, clarifies that the company did not promise or signal any indication of extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024. Petrobras ...
(Petrobras, 7.Mar.2024) — Petrobras informs that its Board of Directors (BoD), in a meeting held today, approved the submission to the Annual General Assembly (AGM), scheduled for Apr. 25, 2024, of the proposed distribution of dividends equivalent to R$ 14.2bn. If approved by the AGM, considering the dividends anticipated by ...
(Petrobras, 7.Mar.2024) — Brazil’s state energy giant Petrobras released its tax report for the year 2023. Tax20Report202023Download ____________________ ...
(Petrobras, 7.Mar.2024) — Brazil's state energy giant Petrobras released its financial results for the fourth quarter of 2023. Dear shareholders and investors, I am very proud to address you today, not only in light of the excellent economic and financial results we are disclosing, but especially because I am convinced ...
(YPF, 7.Mar.2024) — YPF SA reported total hydrocarbon production averaged 514 Kboe/d in 2023 (+2% vs. 2022) and 511 Kboe/d in 4Q23 (-2% q/q but +2% y/y), mainly boosted by the expansion in crude oil production, while natural gas production declined by 3% in 2023 driven by lower demand. 46% ...
(Hess, 7.Mar.2024) — Today, ExxonMobil announced that it is filing for arbitration regarding the applicability of a right of first refusal (ROFR) / pre-emption provision in the Stabroek joint operating agreement. We believe that the ROFR / pre-emption provision does not apply to the Chevron-Hess merger. We remain fully committed to ...
(Frontera, 7.Mar.2024) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the fourth quarter and year ended 31 Dec. 2023, and announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton Corp (D&M). All financial amounts in this news release and the company's ...
(CGG, 6.Mar.2024) — CGG announced its fourth quarter of 2023 and full year 2023 audited results.  “In 2023, CGG significantly strengthened its financal performance, I am pleased to see that we returned to positive organic cash flow generation, while continuing to invest in our new businesses,” CGG CEO Sophie Zurquiyah said ...
(Atlas Renewable Energy, 6.Mar.2024) — Atlas Renewable Energy, an international renewable energy company, signed a power purchase agreement (PPA) with Codelco, the state-owned Chilean mining company and the world's largest copper producer, for the supply of 375 GWh of 24/7 energy per year, to be generated by a new renewable ...
(Wood Mackenzie, 6.Mar.2024) — Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie. According to the report “Is upstream oil & gas delivering on decarbonisation?” Wood Mackenzie finds that while flaring ...
(Reuters, 6.Mar.2024) — Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim related to Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets. The arbitration case seeks to preserve Exxon's right to evaluate making a bid ...
(STRYDE, 5.Mar.2024) — STRYDE is celebrating a string of new European contracts, cementing its position as the market-leading provider of onshore seismic nodes and helping to enhance energy security in the European region.  Leading the new deals is the purchase of 25,000 STRYDE Nodes™ by first-time client, Ukrainian seismic acquisition firm, ...
(Perenco, 5.Mar.2024) — Perenco UK announced the successful start-up of gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea (SNS). During Q4 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48m water depth, delivering ...
(Cheniere, 5.Mar.2024) — Cheniere Energy, Inc. (NYSE: LNG) priced its previously announced offering of Senior Notes due 2034. The Cheniere 2034 Notes will bear interest at a rate of 5.650% per annum. The Cheniere 2034 Notes will be issued at 99.789% of par and will mature on 15 Apr. 2034. The ...
(Petrobras, 4.Mar.2024) — Petrobras clarifies that its Governance and Compliance Department has concluded the investigation into possible interference by two of its directors in the processing of the procedure that led to the signing of the tolling contract with Unigel and has concluded that there is no confirmation of irregularities in ...
(Staatsolie, 4.Mar.2024) — Staatsolie Maatschappij Suriname N.V. signed a Letter of Agreement (LoA) with PETRONAS and ExxonMobil on 4 Mar. 2024. The LoA is necessary for further exploration of the gas discovery made in 2020 with the Sloanea-1 exploration well in Block 52. PETRONAS made a gas discovery in 2020 ...
(Ecopetrol, 1.Mar.2024) — Ecopetrol SA ended 2023 with strong operational results that drove achievements across the entire company. We have achieved the second-best financial results in history by following our financial planning, enhancing our traditional business, and managing the steps toward the energy transition, the company's president Ricardo Roa Barragan said ...
(Energy Analytics Institute, 29.Feb.2024) — The mixed company Petrowarao, S.A. reactivated the A-162 gas condensate well in Zuila state in western Venezuela. The achievement was possible due to major maintenance work and the repair of lake pipelines, state-owned Petróleos de Venezuela, S.A. (PDVSA) announced 29 Feb. 2024 in an official statement ...
(Energy Analytics Institute, 29.Feb.2024) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering their pre-emption rights to Hess Corp.’s stake in the offshore Stabroek Block; increases in electricity for the majority of the Edenor and Edesur users are ...
Energy Analytics Institute, 29.Feb.2024) — Executives with state-owned Petróleos de Venezuela, S.A. (PDVSA) and Chevron Venezuela supervised safety operations at the PDVSA Petropiar, S.A. joint venture as part of scheduled visits slated for 2024.  Executives participating included the president of the Board of Directors of Petropiar, Ninoska Rodríguez; general manager, Martin ...
(Chevron, 29.Feb.2024) — Chevron New Energies, a division of Chevron U.S.A. Inc., is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field ...
(Bristow, 28.Feb.2024) — Bristow Group Inc. confirmed that one of its search and rescue helicopters, registration LN-OIJ, was involved in an accident at about 19:40 CET approximately nine nautical miles west of Bergen, Norway. The aircraft, which is contracted to a civilian customer, was conducting a training exercise at the ...
(Reuters, 28.Feb.2024) — Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country. Exxon (XOM.N) said Monday it ...
(Petrobras, 28.Feb.2024) — Petrobras signed a Memorandum of Understanding (MoU) with Yara Brasil Fertilizantes S.A. to study potential business partnerships for local initiatives in the fertilizer segment, production of industrial products and decarbonization of production. The MoU signed is of a non-binding nature and is aligned with the strategic elements ...
(Exmar, 28.Feb.2024) — Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful start-up of LNG production and the first shipment of LNG from the Republic of the Congo. This milestone completes the implementation of the first phase of Eni-operated Congo LNG ...
(Antaisolar, 28.Feb.2024) — Antaisolar, in the digital intelligent PV mounting system solutions space, showcased its innovative solutions at PV EXPO, including ground-fixed brackets, roof clamps, and solar carports. Antaisolar has been deeply cultivating Japanese market for years, providing customized full-scenario solutions, standardized design and cost reduction services according to the ...
(Reuters, 28.Feb.2024) — Guyana's vice president Bharrat Jagdeo on Wednesday said the country will accept whatever is the result from discussions between Exxon Mobil Corp, Chevron Corp and Hess Corp regarding participation in the Stabroek block. Guyana is ready to welcome Chevron into the country, but would also accept a ...
(Energy Analytics Institute, 28.Feb.2024) — Venezuela’s President Nicolás Maduro said he expects the economy of the Opec country to grow 8% in 2024. The president made the comments during a live broadcast on Venezuelan state television. ____________________ By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved ...
(MarketWatch, 27.Feb.2024) — Chevron warned it may not complete its planned buyout of Hess as Exxon Mobil and the China National Offshore Oil Corporation are saying the planned deal would trigger their right to boost their stakes in a Guyana venture. The warning came in a Securities and Exchange Commission ...
(The New York Times, 27.Feb.2024) — America’s two largest energy companies, Exxon Mobil and Chevron, are jousting over a prized new source of oil in the waters off Guyana, in Latin America. The conflict is creating doubts over Chevron’s bid to acquire Hess for $53 billion, announced in October. Chevron ...
(Energy Analytics Institute, 26.Feb.2024) — Chevron Corporation believes that the $53bn merger with Hess Corporation presents the California-based energy giant with the opportunity to diversify its portfolio by acquiring Hess’ 30% interest offshore Guyana in the Stabroek block. The block has industry leading cash margins, a strong production growth outlook, potential ...
(Energy Analytics Institute, 26.Feb.2024) — Brazil’s state-owned Petrobras signed a Memorandum of Understanding (MOU) with Arcelor Mittal Brasil that aims to study potential mutually beneficial business models in the low carbon economy. The companies look to identify commercial opportunities and potential partnerships in Brazil that align with diversification and decarbonization ...