(Subsea7, 3.Jun.2024) — Subsea7 announced, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in […]
Mitsubishi Power to Supply Technology to Support Brazil’s Largest Reliability Project
(Mitsubishi, 1.Jun.2024) — The consortium formed by Mitsubishi Power Americas, Inc. and CONSAG Engenharia – an Andrade Gutierrez company (CONSAG) – recently signed an agreement […]
NMPRC Approves New PNM Energy Resources for 2026
(NMPRC, 31.May.2024) — The New Mexico Public Regulation Commission (NMPRC) approved an application by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of PNM Resources (NYSE: PNM), […]
Noble Announces Changes to its Share Capital
(Noble, 31.May.2024) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) announces changes to its share capital. During the period since 30 Apr. 2024, 57,454 new A […]
Petrobras on Minority Shareholder Correspondence
(Petrobras, 31.May.2024) — Petrobras has received correspondence from minority shareholders of the company requesting the convening of an Extraordinary General Meeting (“EGM”) for the election […]
EAI’s NRGBriefs: May 2024
(Energy Analytics Institute, 31.May.2024) — Energy briefs as well as others related to finance and projects during May 2024 including Offshore Technology Conference (OTC) 2024 […]
Ecopetrol Reports on Registry of Amendments of its Bylaws
(Energy Analytics Institute, 30.May.2024) — Colombia’s state-owned Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reported that the amendment to its bylaws was registered with the Chamber of […]
BW LPG Limited 1Q:24 Financial Results
(BW, 30.May.2024) — BW LPG Limited (NYSE: BWLP, OSE: BWLPG.OL) reported a Q1 2024 Net Profit After Tax (NPAT) of $150mn, yielding an annualised return […]
U. S. Steel and Nippon Steel Announce Receipt of All Non-U.S. Regulatory Approvals
(U.S. Steel, 30.May.2024) — United States Steel Corporation (NYSE: X) and Nippon Steel Corporation (TSE: 5401) have received all regulatory approvals outside of the U.S. […]
Saudi Arabia Sets up New Aramco Share Sale
(Reuters, 30.May.2024) — Saudi Arabia’s government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as $13.1 […]
JBIC $1bn Loan to Support Scarborough Energy Project
(Woodside, 30.May.2024) — Woodside signed a US$1bn loan agreement with the Japan Bank for International Cooperation (JBIC). The loan agreement, executed in Tokyo between Woodside CEO […]
ConocoPhillips to Acquire Marathon Oil in All-stock Deal
(ConocoPhillips, 29.May.2024) — ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO) announced today that they have entered into a definitive agreement pursuant to which […]
Subsea7 Awarded ‘Super-major’ Deal Offshore Brazil
(Subsea7, 30.May.2024) — Subsea7 announced the award of a super-major1 contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located […]
Chevron Updates Stockholders at Annual Meeting
(Chevron, 29.May.2024) — Chevron Corporation (NYSE: CVX) provided an overview of the company’s business performance and plans at its 2024 Annual Meeting of Stockholders. “Chevron continues to […]
Hess Corp. Receives Stockholder Approval for Proposed $53bn Merger with Chevron
(Hess Corporation, 28.May.2024) — Hess Corporation (NYSE: HES) has received the necessary approval of its stockholders for closing the company’s merger with Chevron Corporation. At the special […]
TE H2 Partners with VERBUND on Large Project in Tunisia
(TotalEnergies, 28.May.2024) — TE H2 a joint-venture between TotalEnergies and EREN Groupe, together with VERBUND, Austria’s leading electricity company, have signed a Memorandum of Understanding with […]
Major Energy Fund Buys 20% Participation in PERU LNG
(PERU LNG, 28.May.2024) — PERU LNG announces that 20% of its shares have been acquired by MidOcean Vicuna Holdings Ltd, a liquefied natural gas company managed […]
TotalEnergies Takes FID for Atapu-2 and Sépia-2 Oil Developments
(TotalEnergies, 27.May.2024) — TotalEnergies, together with the operator Petrobras and their partners in the Atapu and Sépia consortiums, have taken the Final Investment Decision (FID) […]
Marechal Duque de Caxias in Brazil on Way to Pre-salt Layer
(Petrobras, 27.May.2024) — The platform ship Marechal Duque de Caxias arrived in Brazil on 27 May 2024, from China, heading for the Mero field in the […]
Oil tycoon gets license to continue buying asphalt from Venezuela
CARACAS, VENEZUELA (Nicolle Yapur, Bloomberg, 27.May.2024) — US energy magnate Harry Sargeant III secured a license to continue importing asphalt from Venezuela without breaching US […]
Subsea7 Awarded Belinda Field Contract in the UK North Sea
(Subsea7, 27.May.2024) — Subsea7 announced the award of a sizeable1 contract by Serica Energy, for the Belinda field development south-east of the Triton FPSO. The Belinda field […]
MODEC Updates on FPSO Errea Wittu
(Go Integrated Group, 26.May.2024) — MODEC recently announced that the keel laying for the FPSO Errea Wittu hull has been completed five weeks ahead of […]
UK Running Out of Options to Achieve a ‘Just and Fair’ Energy Transition by 2030
(RGU, 24.May.2024) — A new report by Robert Gordon University (RGU) has revealed that the UK will fail to achieve a ‘just and fair’ transition […]
Paratus Energy Services Provides 1Q:24 Trading Update
(Paratus Energy Services Ltd., 24.May.2024) — Paratus Energy Services Ltd. announced a trading update for the first quarter 2024 and updates on Paratus, its subsidiaries and […]
Board of Directors Approves Election of new Petrobras CEO
(Petrobras, 24.May.2024) — Petrobras, following up on the release published on 22 May 2024, informs that its Board of Directors, at a meeting held today, appointed […]
Petrobras Inks Deals for Platforms P-84 and P-85
(Petrobras, 24.May.2024) — Petrobras signed on 24 May 2024, contracts with Seatrium O&G Americas Limited to acquire the P-84 and P-85 vessel platforms. Both units will […]
New Stratus Energy to acquire production & significant development opportunity in Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 24.May.2024) — New Stratus Energy (NSE) entered into definitive agreements to acquire an initial 49% equity […]
CNOOC Subsidiaries Sign EPCCs with MIREME and ENH
(CNOOC, 24.May.2024) — On 24 May, CNOOC Limited announced that its wholly owned subsidiaries have entered into petroleum exploration and production concession contracts (EPCCs) with […]
PEMEX Concludes Working Sessions with Suppliers
(PEMEX, 23.May.2024) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, concluded a three-day round of working sessions held in Villa Hermosa, Tabasco, and […]
Aker Solutions Doubles Down on Consultancy Business, Unveils New Name
(Aker Solutions, 23.May.2024) — Aker Solutions’ consultancy has today announced plans to double its revenues and headcount by 2030 as it introduces its new name, […]
More Private Investment Needed in Mexico to Meet Expanding Energy Demand
(WoodMac, 23.May.2024) — With a presidential election looming, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, […]
Frontera Announces Annual Meeting Results
(Frontera, 23.May.2024) — Frontera Energy Corporation (TSX: FEC) announced the results from its 2024 annual meeting of shareholders held today (the “Meeting”). ELECTION OF DIRECTORS Shareholders […]
Golden Arrow Updates on San Pietro Iron-Copper-Gold-Cobalt Project
(Golden Arrow, 23.May.2024) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) provided an update on its exploration activities in Chile and Argentina. Highlights: Multiple magnetite mantos that correlate with […]
Up to 50 Firms Seek U.S. Oil Licenses in Venezuela, Official Says
(Reuters, 23.May.2024) — The U.S. has received up to 50 requests for individual licenses from companies aiming to do business in Venezuela’s oil industry, following the expiration of a […]
Pan Global Accelerates Copper Project in Southern Spain
(Pan Global, 23.May.2024) — Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) (FRA: 2EU) announced the addition of a second drill rig at the Escacena Project to augment […]
GoGold Presents its 2023 Sustainability Report
(GoGold, 23.May.2024) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) presented its fourth annual Sustainability Report that sets out the company’s performance and achievements with respect to its environmental, […]
Norfolk Southern in Deal to Resolve federal East Palestine Derailment Claims
(Norfolk Southern, 23.May.2024) — Norfolk Southern Corporation (NYSE: NSC) has reached an agreement on a consent decree with the following U.S. agencies: the Department of Justice (DOJ), […]
Moody’s Changes Ecopetrol’s Credit Rating to Ba1
(Ecopetrol, 23.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that credit rating agency Moody’s downgraded its global credit rating from Baa3 to Ba1 and changed […]
Mexico’s Presidential Front-runner Walks a Thin, Tense Line
(AP, 22.May.2024) — As she runs to replace outgoing President Andrés Manuel López Obrador, Claudia Sheinbaum is struggling to construct her own image, leaving many wondering […]
Ecopetrol Reports on Investigation by Superintendency
(Ecopetrol, 22.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that between May 3, 2024 and May 9, 2024, the company and its subsidiaries, Cenit Transporte y Logística de […]
PEMEX reaffirms commitment to pay suppliers
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, […]