Energy Analytics Institute (EAI)

Phillips 66 Nears Non-Core $3bn Asset Divestment Target

(Energy Analytics Institute, 4.Nov.2024) — Phillips 66 is very close to achieving its $3bn non-core asset divestment target, the company said in its most recent […]

Touchstone Initiates Output at Cascadura C Well Pad in Trinidad

(Energy Analytics Institute, 4.Nov.2024) — Touchstone Exploration Inc. initiated production at the Cascadura C well pad onshore Trinidad and Tobago. Touchstone has safely commissioned the […]

Alterra, Neste and Technip Offer Solutions to Build Chemical Recycling Plants

(Alterra, 4.Nov.2024) — Alterra, Neste and Technip Energies have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized […]

Diamondback Reports 3Q:24 Results, Updates on Endeavor Deal

(Diamondback, 4.Nov.2024) — Diamondback Energy, Inc. announced financial and operating results for the third-quarter 2024 (3Q:24). THIRD QUARTER 2024 HIGHLIGHTS TRP ENERGY TRADE ____________________

Texas LNG Selects Kiewit as EPC Contractor for 4 MTPA Brownsville Facility

(Pietro D. Pitts, Energy Analytics Institute, 4.Nov.2024) — Texas LNG Brownsville LLC subsidiary of Glenfarne Energy Transition, LLC selected Kiewit, through its subsidiaries Kiewit Engineering […]

Guyana and Suriname Could Provide 12 mmtpa of LNG in the 2030s

(Wood Mackenzie, 4.Nov.2024) — Several gas developments are underway in Guyana and Suriname that could offer new competitive LNG supply sources early next decade, according […]

“LatAmNRG matters” podcast: George Baker on Mexico LNG last mile issues [audio]

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Nov.2024, Words: 282) — Baker & Associates head George Baker, who published Mexico Energy Intelligence, spoke with […]

TGS and Aquila Complete Utsira OBN Reprocessing Project

(Viridien, 4.Nov.2024) — Viridien and its partners TGS and Aquila Holdings ASA (under its subsidiary Axxis Multi-client AS) announced completion and delivery of the reprocessing […]

enCore Reveals 5 Year Uranium Contracting Strategy Outlook

(enCore Energy, 4.Nov.2024) — enCore Energy Corp., a uranium producer, revealed the company’s contracting strategy and 5 year forward outlook regarding its uranium sales agreements. […]

MDU Resources Completes Spinoff of Everus

(Energy Analytics Institute, 1.Nov.2024) — MDU Resources Group, Inc. successfully completed the spinoff of its construction services subsidiary, Everus Construction Group. As a result of […]

Duke Energy Responds to Carolinas Resource Decision

(Duke Energy, 2.Nov.2024) — Duke Energy issued the following statement in response to yesterday’s order by the North Carolina Utilities Commission (NCUC) on its Carolinas […]

LatAm NRG matters: highlights, heard from Pampa Energia to Ecopetrol and Petrobras

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Nov.2024, Words: 489) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 1 […]

Vizsla Silver to Move to TSX from TXXV

(Vizsla Silver, 1.Nov.2024) — Vizsla Silver Corp. received conditional approval to graduate from the TSX Venture Exchange (TSXV) and list its common shares on the […]

Aker Reports 3Q:24 Results, Updates on Renewable Projects (PDF Download)

(Aker Horizons, 1.Nov.2024) — Aker Horizons ASA announced results for the third quarter 2024. Aker Horizons’ net capital employed stood at NOK 6.1bn, a decrease […]

Exxon Eyes First Golden Pass LNG Cargo in Late-2025, Woods Says

(Energy Analytics Institute, 1.Nov.2024) — ExxonMobil Corporation, which is partnered with QatarEnergy in the three-train 18 million tonnes per annum (mtpa) Golden Pass LNG project, […]

Chevron Eyes More Non-core Asset Divestments, Wirth Says

(Energy Analytics Institute, 1.Nov.2024) — California-based Chevron Corporation plans to continue to divest non-core assets as part of its ongoing portfolio optimization efforts. This, as […]

ExxonMobil Reports 3Q:24 Earnings of $8.6bn (PDF Downloads)

(ExxonMobil, 1.Nov.2024) — Exxon Mobil Corporation announced third-quarter 2024 earnings of $8.6bn, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6bn […]

Petrobras Responds to Rumors about Dividends, Strategic Plan

(Energy Analytics Institute, 1.Nov.2024) — Rio de Janeiro-based Petrobras, responding to news published in the Brazilian media about the payment of extraordinary dividends and about […]

Chevron Reports 3Q:24 Details, Updates on Hess Merger (PDF Downloads)

(Chevron, 1.Nov.2024) — Chevron Corporation reported earnings of $4.5bn ($2.48 per share – diluted) for third quarter 2024, compared with $6.5bn ($3.48 per share – […]

Enbridge Eyes Final Phase of Squirrel Solar Project

(Energy Analytics Institute, 1.Nov.2024) — Enbridge Inc. will fund US$168mn towards the third and final phase of the Fox Squirrel Solar project in Ohio, which […]

Tailwater E&P Buys Non-Operated Permian Basin Assets

(Energy Analytics Institute, 1.Nov.2024) — Tailwater Capital LLC acquired a significant, off-market non-operated working interest asset package in the Permian Basin from Accelerate Resources Operating […]

Enbridge Reports 3Q:24 Results, Updates on Kaskida (PDF Downloads)

(Enbridge, 1.Nov.2024) — Enbridge Inc. reported third quarter 2024 (3Q:24) financial results, provided a quarterly business update, and reaffirmed its 2024 financial guidance and outlook. […]

Commonwealth LNG and Kimmeridge Commit to Natural Gas Certification

(Kimmeridge, 1.Nov.2024) — Kimmeridge-backed Commonwealth LNG and Kimmeridge Texas Gas (KTG) announced a commitment to obtain independent certification of their natural gas operations under the […]

PRM Acquires LMS Manufacturing, LLC

(Energy Analytics Institute, 1.Nov.2024) — Product Recovery Management, Inc. (PRM)—a manufacturer of environmental treatment equipment, focusing on the environmental remediation and landfill gas markets—acquired Marianna, Florida-based […]

Commonwealth LNG Launches Initiatives in SW Louisiana

(Commonwealth, 1.Nov.2024) — Commonwealth LNG, a Kimmeridge portfolio company, announced a comprehensive package of community support initiatives for Cameron Parish, Louisiana, the future site of […]

C3E Recognizes Nine Leaders for Outstanding Achievements

(C3E Initiative, 1.Nov.2024) — The Clean Energy Education & Empowerment (C3E) Initiative has announced the winners of the 2024 C3E Awards, honoring nine women for outstanding leadership […]

Enbridge Notifies of Series 9 Preferred Shares Conversion Right

(Enbridge, 1.Nov.2024) — Enbridge Inc. does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 9 on 1 […]

Shell Reports Sequential Rise in 3Q:24 Production

(Energy Analytics Institute, 31.Oct.2024) — Shell plc completed a number of scheduled maintenance activities ahead of time, which paved the way for higher production, Shell […]

Shell Reports 3Q:24 Results, Announces $3.5bn Buyback (PDF Downloads)

(Shell, 31.Oct.2024) — Shell Plc reported third-quarter 2024 (3Q:24) adjusted earnings of $6bn, despite the lower crude prices and weaker refining margins, reflect strong operational […]

Coterra Reports 3Q:24 Results, Declares Dividend (PDF Download)

(Coterra, 31.Oct.2024) — Coterra Energy Inc. reported third-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. “Coterra continues to […]

ConocoPhillips to close Marathon deal in 4Q:24

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Oct.2024, Words: 310) — ConocoPhillips anticipates closing the planned acquisition of Marathon Oil in the fourth-quarter 2024 (4Q:24). […]

ConocoPhillips Reports 3Q:24 Results, Updates on Marathon

(ConocoPhillips, 31.Oct.2024) — ConocoPhillips reported third-quarter 2024 earnings of $2.1bn, or $1.76 per share, compared with third-quarter 2023 earnings of $2.8bn, or $2.32 per share. […]

Expand Energy Reveals 2025 Capex Plan, Comments on Chesapeake

(Expand Energy, 31.Oct.2024) — Expand Energy Corporation reported third-quarter 2024 financial and operating results. In addition, the company provided its preliminary 2025 capital and operating […]

SM Energy Reports 3Q:24 Results (PDF Download)

(SM Energy, 31.Oct.2024) — SM Energy Company reported operating and financial results for the third quarter 2024 (3Q:24) and provided certain full year and fourth […]

Baker Hughes Launches Advanced Oxygen Analyzer

(Baker Hughes, 31.Oct.2024) — Baker Hughes launched the XMO2pro, a new and advanced oxygen analyzer designed to ensure greater levels of stability, accuracy and reliability. […]

Ecopetrol and Petrobras to continue exploration offshore Colombia

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Oct.2024, Words: 219) — Colombia’s state-owned Ecopetrol S.A. said the Santa Marta Tribunal issued a favorable decision […]

TotalEnergies CEO to Argentina’s Javier Milei: “We Want Our Money Back”

HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — TotalEnergies chairman and CEO Patrick Pouyanné told analysts during the company’s third-quarter 2024 (3Q:24) webcast that the French […]

COP Reports 3Q:24 Results, Boosts Quarterly Dividend (PDF Downloads)

(ConocoPhillips, 31.Oct.2024) — ConocoPhillips reported third-quarter 2024 earnings of $2.1bn, or $1.76 per share, compared with third-quarter 2023 earnings of $2.8bn, or $2.32 per share. […]

AES Reports 3Q:24 Results; Boasts 1.2 GW of Construction (PDF Download)

(AES, 31.Oct.2024) — The AES Corporation reported financial results for the quarter ended 30 Sep. 2024. “Our third quarter financial results and strategic accomplishments were […]

Woodside and Tokyo Gas in Discussions Over Stake in US LNG Project

(Reuters, 31.Oct.2024) — Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, […]

TotalEnergies Reports 3Q:24 Results, Output of 2.41 MMboe/d (PDF Downloads)

(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of […]

Petrobras 3Q:24 Hydrocarbon Production in Two Charts

(Energy Analytics Institute, 31.Oct.2024) — Brazil’s state-owned Petrobras reported total hydrocarbon production of 2,689 Mboe/d in the third quarter 2024 (3Q:24), down 0.8% sequentially compared […]

EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia

HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA […]

Mark the Date: 3rd Caracas Gas Forum 2024 Set for 7 Nov.

(Energy Analytics Institute, 30.Oct.2024) — Participate in the third edition of the Caracas Gas Forum 2024, which will focus on promoting decarbonization and security of […]

Exxon to Sell its Vaca Muerta Assets to Pluspetrol

(Reuters, 30.Oct.2024) — U.S. energy giant Exxon Mobil agreed on the terms and conditions to sell its oil and gas assets in Argentina’s Vaca Muerta […]

Marathon Oil Cuts 500 Houston Jobs

(Bloomberg, 30.Oct.2024) — Marathon Oil Corp. warned of a “mass layoff” involving more than 500 employees at its Houston headquarters as part of the $17 […]

Mexico’s Sheinbaum looks to reduce costs at state-owned energy giant Pemex

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Oct.2024) — Mexico’s President Claudia Sheinbaum Pardo said the main plan for state-owned Pemex was to make […]

Cheniere Reports 3Q:24 Results, Updates on Dividend (PDF Downloads)

(Cheniere, 30.Oct.2024) — Cheniere Energy, Inc. announced its financial results for the third quarter 2024 as well as details around producing and loading its 1,000th LNG […]

Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil

(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started […]

JinkoSolar on Annual Capacities: Solar Cell and Solar Module

(Energy Analytics Institute, 30.Oct.2024) — JinkoSolar Holding Co., Ltd. expects its annual production capacity for mono wafer, solar cell and solar module to reach 120.0 […]