MEXICO CITY, MEXICO (PEMEX, 22.May.2024, Words: 291) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, currently on a working tour of the southeastern […]
ExxonMobil, Shell Considering Bids for Stake in Namibia Oilfield
(Offshore Technology, 22.May.2024) — ExxonMobil and Shell are among the energy giants evaluating bids for a stake in Galp Energia’s oilfield offshore Namibia, reported Bloomberg, citing sources. TotalEnergies and Equinor are also […]
John Hess Personally Calls Investors to Support Chevron Deal Before Vote
(Bloomberg, 22.May.2024) — John Hess, the boss of the oil company that bears his family name, is talking to directly with shareholders in a last-ditch […]
Developer Seeks Permit to Send US Gas to Mexico for LNG Exports
(Reuters, 21.May.2024) — A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it […]
Zachry Initiates Voluntary Court-supervised Chapter 11
(Zachary, 21.May.2024) — Zachry Holdings, Inc. (ZHI) announced that ZHI and certain of its subsidiaries have initiated a voluntary court-supervised Chapter 11 process that provides […]
APA Reveals over $700mn in Asset Sales from Two Transactions
(APA Corp., 20.May.2024) — APA Corporation (Nasdaq: APA) announced the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two […]
ADNOC Inks Equity Stake, LNG Offtake Deal with NextDecade
(ADNOC, 20.May.2024) — ADNOC announced the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Corporation’s (Nasdaq: NEXT) Rio Grande LNG (RGLNG), […]
Glass Lewis Urges Hess Shareholders to Vote for Chevron Deal
(Hess, 20.May.2024) — Hess Corporation (NYSE: HES) announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. has recommended that Hess shareholders vote FOR […]
Aris Mining on General Meeting Results
(Aris Mining, 18.May.2024) — Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reports voting results from its Annual General Meeting of shareholders (the Meeting) held earlier today. […]
Petrobras Ranking by Poder 360
(Energy Analytics Institute, 18.May.2024) — In 2023, Petrobras was the 4th most profitable oil company. Saudi Arabia’s Saudi Aramco remains the leader, on its own, […]
AMLO’s ‘Dream’ Pemex Refinery Hits Another Delay
(Reuters, 17.May.2024) — Mexican state energy company Pemex started sending 16,300 barrels per day (bpd) of crude oil to its new Olmeca refinery this week, less than […]
California Ports Gear up to Build Offshore Wind Ports
(American Journal of Transportation, 17.May.2024) — Two California ports, Long Beach and Humboldt Bay, are gearing up to build offshore wind ports but still need financing. […]
CGG Changes Name to Viridien
(CGG, 16.May.2024) — At the Annual General Meeting on 15 May 2024, shareholders approved the resolution to change the company’s corporate name from CGG to […]
GoldMining on Voting Rights
(GoldMining, 16.May.2024) — GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) announced that at its annual general meeting held on 16 May 2024, all nominees listed in its management information circular […]
Exmar Provides 1Q:24 Update
(Exmar, 16.May.2024) — EXMAR’s engineering subsidiaries Exmar Offshore Company in Houston and DV Offshore in Paris had continued high utilization rates for their third-party engineering services, […]
U Power’s UOTTA Battery Swapping Technology to Enter the Peruvian Market
(U Power Limited, 16.May.2024) — U Power Limited recently embarked on a collaborative pilot test with a Peruvian mining firm to evaluate electric heavy-duty vehicles on […]
Aris Mining on Results of Annual Meeting
(Aris Mining, 16.May.2024) — Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reports voting results from its Annual General Meeting of shareholders held earlier today. AGM Voting […]
SSR Mining Comments on Proxy Statement
(SSR, 16.May.2024) — On15 May 2024, SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) filed an amendment to the company’s Proxy Statement dated 12 Apr. for its Annual and Special […]
US Election Could Decelerate Energy Transition
(Wood Mackenzie, 16.May.2024) — The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global […]
Petronas Discovery in Suriname Approaches 400 MMbbls
(Petronas, 16.May.2024) — Addressing the recent deepwater discovery by Petronas in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea’s […]
Petronas, ExxonMobil Report Find in Suriname’s Offshore Block 52
(Petronas, 16.May.2024) — Petronas Suriname E&P B.V., a subsidiary of Petronas, has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well […]
Geopark Reports 1Q:24 Results
(GeoPark, 15.May.2024) — GeoPark Limited (NYSE: GPRK) reports its consolidated financial results for the three-month period ended 31 Mar. 2024 (“First Quarter” or “1Q2024”). A […]
3R PETROLEUM Clarifies News Published in Pipeline Valor
(3R, 15.May.2024) — 3R PETROLEUM ÓLEO E GÁS S.A.(B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, hereby, in reference to the […]
Interest Remains in Mexico’s Oil and Gas
(S&P, 15.May.2024) — There is still a lot of private and international interest in developing the oil and natural gas resources in Mexico despite the […]
Lula Fires Petrobras CEO Prates After Dividend Dispute
(Bloomberg, 15.May.2024) — Shares of Brazil’s state-owned oil company Petroleo Brasileiro SA declined after President Luiz Inacio Lula da Silva fired Chief Executive Officer Jean Paul Prates following a dispute […]
Petrobras on Official Letter from Ministry of Mines and Energy
(Petrobras, 14.May.2024) — Petrobras informs that it has received Official Letter No. 214/2024/GM-MME, through which the Ministry of Mines and Energy (MME), after being informed […]
ADNOC Delivers Bulk Shipment of CCS-Enabled Certified Low-Carbon Ammonia to Japan
(ADNOC, 14.May.2024) — ADNOC delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS) to Mitsui & […]
Petrobras on its CEO Jean Paul Prates
(Petrobras, 14.May.2024) — Petrobras informs that it received this evening from its CEO, Mr. Jean Paul Prates, a request that the company’s Board of Directors […]
PETRONAS Signs PSC for the Bobara Working Area, Eastern Indonesia
(PETRONAS, 14.May.2024) — PETRONAS E&P Bobara Sdn. Bhd., a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) for the Bobara Working Area located at […]
PETRONAS Signs a 20-Year PSC Extension Deal for Ketapang Contract Area
(PETRONAS, 14.May.2024) — IPC Ketapang II Ltd. (PCK2L), a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) extension for the Ketapang Contract Area located […]
PETRONAS Comments on Power Loss at LNG Complex in Bintulu
(Energy Analytics Institute, 14.May.2024) — PETRONAS subsidiary Malaysia LNG Group of Companies (MLNG) encountered a loss of power at around 11:30 p.m. on 10 May 2024 […]
Poland Hunts for $330mn of Orlen Payments for Venezuela Oil
(Reuters, 14.May.2024) — A Swiss unit of Polish refiner Orlen paid two Dubai-based intermediary companies $330 million for Venezuelan oil, but Venezuela’s state oil company […]
Aris Mining Results Boosted by Segovia Project
(Aris Mining, 14.May.2024) — Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) announces its full financial and operating results for the three months ended 31 Mar. 2024 (Q1 2024). […]
GeoPark on Acquisition in Argentina
(GeoPark, 13.May.2024) — GeoPark Limited (NYSE: GPRK) signed an Asset Purchase Agreement with Phoenix Global Resources (PGR), a subsidiary of Mercuria Energy Trading, for the acquisition […]
Petrobras on Remuneration to Shareholders
(Petrobras, 13.May.2024) — Petrobras informs that its Board of Directors, at a meeting held today, approved the payment of interim dividends and interest on own […]
Petrobras Reports 1Q:24 Financial Performance
(Petrobras, 13.May.2024) — In 1Q:24, Petrobras said its net revenue fell 12% compared to 4Q23, mainly influenced by lower revenue from diesel sales in the […]
Petrobras Release 1Q:24 Tax Report
(Petrobras, 13.May.2024) — Petrobras reported a 9% increase in tax payments in the first quarter of 2024 when compared to the same period of 2023, […]
Comment Ridge Receives $5mn Grant for Mahalo East
(Comet Ridge, 10.May.2024) — Comet Ridge Limited (ASX:COI) has been awarded a $5mn grant from the Queensland government to undertake a pilot test in Comet […]
SMA Mineral and Infinium to Advance eFuels Project in Norway
(SMA Mineral, 10.May.2024) — eFuels leader Infinium reached an agreement with SMA Mineral that will advance the development of Infinium’s eFuels project at the Mo […]
Paris Summit Aims Commitments of $4bn for African Women
(African Development Bank Group, 10.May.2024) — Summit expected to build on ground-breaking clean cooking initiatives launched at COP28; African Development Bank’s Adesina (www.AfDB.org), Tanzanian President Hassan, […]
Ecopetrol Calls Holders of Domestic Public Debt for Ordinary Bondholders Meeting
(Ecopetrol, 10.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in light of the statutory reform approved by its Shareholders’ during their ordinary meeting held on 22 […]
YPF Reveals 1Q:24 Results
(YPF, 10.May.2024) — YPF SA said it achieved a new quarterly record high in operational efficiencies, delivering positive evolution in shale oil production. YPF also […]
Subsea Integration Alliance Awarded Contract Offshore Türkiye
(Subsea7, 10.May.2024) — Subsea 7 S.A. announced the award of a large1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in […]
Citgo Petroleum Reports 1Q:24 Results
(Citgo, 9.May.2024) — Citgo Petroleum Corporation reported its 2024 first quarter financial and operational results. Historically favorable refining margins and strong asset reliability led to […]
GeoPark Signs New Offtake Agreement with Vitol for the Llanos 34 Block in Colombia
(GeoPark, 9.May.2024) — GeoPark Limited (NYSE: GPRK) announces the execution of an offtake and prepayment agreement with Vitol, one of the world’s leading energy and […]
Petro-Victory Reserves and Resources as of 31 Dec. 2023
(Petro-Victory Energy Corp., 9.May.2024) — Petro-Victory Energy Corp. (TSXV: VRY) announced the results of its 2023 year-end reserves evaluation by GLJ, Ltd. The company holds 100% […]
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
(The New York Times, 9.May.2024) — Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part […]
Gabon Oil Company to Discuss Investment Opportunities at African Energy (IAE) 2024
(Energy Capital & Power, 9.May.2024) — Gabon Oil Company (GOC) will participate as a Platinum Sponsor at the Invest in African Energy 2024 forum, affirming […]
PetroTal Announces Q1 2024 Financial and Operating Results
(PetroTal, 9.May.2024) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) reported its operating and financial results for the three months ended 31 Mar. […]
CGG Launches AI Cloud Solution Powered by NVIDIA
(CGG, 9.May.2024) — CGG announced the launch of its AI Cloud solution, designed to meet the needs of data-intensive industries, including life sciences, digital media, […]