Energy Analytics Institute (EAI)

APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]

(APA Corporation, 1.Nov.2023) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the third quarter of 2023. APA reported net income attributable […]

Bristow Reports 3Q:23 Results

(Bristow, 1.Nov.2023) — Bristow Group Inc. (NYSE: VTOL) reported net income attributable to the company of $4.3mn, or $0.15 per diluted share, for its quarter ended 30 Sep. 2023 […]

1PointFive and TD Announce Direct Air Capture Carbon Removal Credit

(1PointFive, 31.Oct.2023) — 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group, announced a purchase of carbon dioxide removal (CDR) credits from […]

Marathon’s SVP Heppner Says Company Not Interested in Citgo Assets

(Energy Analytics Institute, 31.Oct.2023) — Marathon Petroleum Corporation’s senior vice president of strategy and business development, Dave Heppner, responded to questions from analysts during the […]

Mainstream’s JV Applies for 2.5 GW Wind Permit off Sweden’s East Coast

(Mainstream, 31.Oct.2023) — Freja Offshore, a 50-50 joint venture between Mainstream Renewable Power and Hexicon, has submitted a planning application for the up-to 2.5 GW […]

Petronas FutureTech 3.0 Accelerates Growth of Startups in Sustainable Innovations

(Petronas, 31.Oct.2023) — Petronas’ accelerator programme, Petronas FutureTech 3.0 selected at its Demo Day today 10 technology-driven startups that have shown the most potential in […]

Petronas Makes Oil Find in Suriname’s Offshore Block 52

(Petronas, 2.Nov.2023) — Petronas’ subsidiary, Petronas Suriname E&P B.V., has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52. The well, […]

Petrobras Comments on Extraordinary General Meetings

(Petrobras, 31.Oct.2023) — The Board of Directors of Petróleo Brasileiro S.A. (Petrobras) invites the company’s shareholders to meet at the Extraordinary General Meeting, to be […]

EAI’s NRGBriefs: Oct. 2023

(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings […]

bp’ 3Q:23 Results: Focused on Delivery [PDF Downloads]

(bp, 31.Oct.2023) — Our results this quarter show how we are making progress on our strategy to transform from an international oil company to an […]

IMF on Staff-Level Agreement with the Democratic Republic of the Congo

(IMF, 31.Oct.2023) — End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed […]

Noble Corp. Reports 3Q:23 Results [PDF Download]

(Noble, 31.Oct.2023) — Noble Corporation plc (NYSE: NE, CSE: NOBLE) reported third quarter 2023 results. Highlights: Increasing quarterly dividend to $0.40 per share in the fourth […]

Denbury Shareholders Approve Merger with Exxon Mobil

(Reuters, 31.Oct.2023) — (DEN.N) said on Tuesday its shareholders approved the company’s merger with Exxon Mobil (XOM.N), with the deal closing expected on Nov. 2. Exxon Mobil […]

Venezuelan Oil Sanctions Relief at Risk as Court Suspends Opposition Primary Results

(S&P Global, 30.Oct.2023) — The Supreme Court of Justice (TSJ) in Venezuela ordered the suspension of the results of the opposition’s primary elections which was […]

JinkoSolar Announces 3Q:23 Financial Results

(JinkoSolar, 30.Oct.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced its unaudited financial results for the third quarter ended 30 September 2023. Third Quarter 2023 Business Highlights Leveraging […]

Chevron, Angola Gov’t to Collaborate on Low-Carbon Opportunities

(Chevron, 30.Oct.2023) — Cabinda Gulf Oil Company Limited (CABGOC), a Chevron’s subsidiary in Angola, hosted in Luanda a signature of a Memorandum of Understanding (MOU) […]

Perenco Vietnam: Block 15-1 Reaches 400 MMbbl Production Milestone

(Perenco Vietnam, 30.Oct.2023) — Perenco Vietnam announced that as Block 15-1 marks its 25th anniversary, it has reached the significant production milestone of 400 million […]

Asia May Have Little to Cheer from Lifting of Venezuelan Oil Sanctions

(S&P Global, 30.Oct.2023) — Asia may have little to cheer following the lifting of the sanctions on Venezuelan oil as increased competition for those Latin […]

Tetra Reports 3Q:23 Results, Updates on Lithium Brine Unit

(TETRA, 30.Oct.2023) — TETRA Technologies, Inc. (NYSE:TTI) today announced third quarter 2023 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, “In addition to […]

Azure Sustainable Fuels Solidifies Strategic Partnership with Savage

(Azure, 30.Oct.2023) — Azure Sustainable Fuels Corp. has formed a strategic partnership with global supply chain company, Savage, and its agribusiness, Bartlett. Together with the […]

Eni CFO Gattei Says Venezuela ‘Clearly Is Now An Opportunity’

(Energy Analytics Institute, 27.Oct.2023) — The CFO of Eni S.p.A., Francesco Gattei, commented on the situation in Venezuela during the Italian company’s third quarter 2023 […]

Rowley: LNG Restructuring Saving T&T

(Trinidad Guardian, 27.Oct.2023) — Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic […]

Guyana Greenlights Oil Drilling in Waters Claimed by Venezuela

(AFP, 27.Oct.2023) — The new find, as well as some of the drilling concessions, are in a disputed area whose possible annexation Venezuela is putting to a […]

ExxonMobil Announces 3Q:23 Results [PDF Downloads]

(ExxonMobil, 27.Oct.2023) — Exxon Mobil Corporation announced third-quarter 2023 earnings of $9.1bn, or $2.25 per share assuming dilution. Cash flow from operations was $16bn, up […]

Chevron Reveals 3Q:23 Results, Comments on Hess Deal [PDF Downloads]

(Chevron, 27.Oct.2023) — Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per […]

Pemex Reports 3Q:23 Results [PDF Downloads]

(Pemex, 27.Oct.2023) —In the third quarter of 2023 (3Q23), Petróleos Mexicanos‘ operating performance was positive, supported by a responsible financial policy. In exploration and production, […]

bp Boosts EV Charging Network with $100mn Order from Tesla

(bp, 26.Oct.2023) — Today bp (NYSE: bp) announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from […]

Repsol CEO Josu Jon Imaz Comments on Venezuelan Opportunities

(Energy Analytics Institute, 26.Oct.2023) — Repsol SA CEO Josu Jon Imaz updated the analyst community on the Spanish company’s situation in Venezuela during a recent […]

Petrobras Releases 3Q:23 Production and Sales Report [PDF Download]

(Petrobras, 26.Oct.2023) — In 3Q23, average production of oil, NGL and natural gas reached 2.88 MMboed, 9.1% higher than in 2Q23, mainly due to the […]

Petrobras on CARF Judgment Result

(Petrobras, 26.Oct.2023) — Petrobras informs that, in a session held today, the Second Panel of the Superior Chamber of Tax Appeals (CSRF), a body of […]

Petronas Forms Integrity Alliance with Industry Players

(Petronas, 26.Oct.2023) — Petronas has formed an Integrity Alliance with its vendors to push for a greater governance and integrity culture within the oil and […]

Eni Inks Deal to Ensure Further LNG Volumes from Indonesia

(Eni, 26.Oct.2023) — Eni signed a 0.8 billion cubic meters (bcm) LNG sales and purchase agreement with Merakes LNG Sellers, starting from January 2024 for […]

Eni’s BODs on Distribution

(Eni, 26.Oct.2023) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to Shareholders the second of the four tranches of the provision […]

Petrobras on Talks with Bolivia’s YPFB

(Petrobras, 26.Oct.2023) — Petróleo Brasileiro S.A. (Petrobras), regarding the pieces of news published in the media, informs that a mission of Petrobras executives was carried […]

France’s TotalEnergies Reports 3Q:23 Results [PDF Download]

(TotalEnergies, 26.Oct.2023) — Paris-based TotalEnergies reported its financial and operational details for the third quarter of 2023. ____________________

TotalEnergies on Interim Dividend of €0.74/share for Fiscal Year 2023

(TotalEnergies, 26.Oct.2023) — The TotalEnergies‘ Board of Directors meeting on 25 October 2023 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, […]

TotalEnergies Pursues Its Integrated Power Strategy in Germany

(TotalEnergies, 26.Oct.2023) — TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of the German company Quadra Energy. […]

TotalEnergies Commissions its LNG Floating Terminal in the Port of Le Havre

(TotalEnergies, 26.Oct.2023) — TotalEnergies announces the commissioning of the Cape Ann, its floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in […]

ExxonMobil Deal a Sign of Strength for US Oil Production

(WoodMac, 16.Oct.2023) — On the day last week that ExxonMobil announced it had reached a deal to pay US$64.5bn for Pioneer Natural Resources, there was a curiously […]

Big Oil: Upstream M&A Gets Serious

(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US […]

Marathon Declares 3Q:23 Dividend

(Marathon, 25.Oct.2023) — Marathon Oil Corporation‘s (NYSE: MRO) board of directors has declared a dividend of 11 cents per share on Marathon common stock. The dividend is payable […]

Hess Reports 3Q:23 Operational Highlights [PDF Download]

(Hess, 25.Oct.2023) — Hess Corporation (NYSE: HES) reported net income of $504mn, or $1.64 per share, in the third quarter of 2023, compared with net […]

Baker Hughes Reports 3Q:23 Results [PDF Downloads]

(Baker Hughes, 25.Oct.2023) — Baker Hughes Company (Nasdaq: BKR) announced results today for the third quarter of 2023. Highlights: Orders of $8.5bn for the quarter, up 40% year-over-year.Revenue of $6.6bn for the […]

TotalEnergies Awarded 25-year Renewable Deal in New York

(TotalEnergies, 25.Oct.2023) — TotalEnergies and its partners, Corio Generation and Rise Light & Power announce that New York State selected their Attentive Energy One project for a […]

CARICOM Comments on Guyana-Venezuela Board Dispute

(CARICOM, 25.Oct.2023) — The Caribbean Community (CARICOM) notes the decision of the Venezuelan National Assembly to conduct a popular referendum on defending Venezuela’s claim of […]

Nabors Reports 3Q:23 Results

(Nabors, 25.Oct.2023) — Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss […]

BP Fair Fund to Compensate Certain Investors in BP plc Ordinary Shares

(RCB Fund, 24.Oct.2023) — RCB Fund Services LLC, the Distribution Agent for the BP plc Fair Fund, announces the opening of the claims process for […]

Venture Global Closes $4bn Senior Secured Notes Offering

(Venture Global LNG, 24.Oct.2023) — Venture Global LNG, Inc. closed its offering of $4bn aggregate principal amount of senior secured notes which have been issued in two […]

CGG Joins Phase 3 of HNET Seismic Monitoring Network

(CGG, 24.Oct.2023) — CGG has joined Phase 3 of the HNET Horda Platform Region Project led by industry partners to monitor background seismicity at the […]

CNOOC Limited Releases 3Q:23 Operating Results

(CNOOC, 24.Oct.2023) — CNOOC Limited (SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operating results for the third quarter of […]