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Brooklyn to Receive a Charge From Electric School Bus Batteries 

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(First Student, 22.Oct.2024) — The Brooklyn community is on the brink of a transformative change, as the electrification of school buses promises to drastically reduce emissions, eliminate noise pollution, and lead the charge against climate change. Student transportation and electrification leader, First Student, along with Con Edison, one of the […]

Tourmaline and Clean Energy Open CNG Stations in Western Canada

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(Tourmaline, 22.Oct.2024) — Tourmaline Oil Corp. and Clean Energy Fuels Corp. announced the opening of two new compressed natural gas (CNG) fueling stations in Alberta, marking a key milestone in their continuing efforts to build Western Canada’s first commercial-grade public CNG fueling network. The new locations in Calgary and Grande […]

TGS Expands Benin Megasurvey to Reveal Untapped Potential

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(TGS, 22.Oct.2024) – TGS announces the expansion of 3D seismic coverage for its Benin MegaSurvey, in collaboration with SociĂ©tĂ© Nationale des Hydrocarbures du BĂ©nin (SNH-B). This strategic initiative aims to deepen our understanding of the region’s subsurface geology and unlock its untapped hydrocarbon potential.  With this expansion, TGS will add […]

Venezuela Arrests Former Oil Minister Tellechea

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(Reuters, 21.Oct.2024) — Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, Attorney General Tarek Saab said on Monday, the latest high-profile detention connected to management of Venezuela’s sanctioned oil industry. In a statement on Instagram, Saab said Tellechea had been arrested in the early hours of Sunday […]

Petrobras Reveals 3Q:24 Results Details

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(Energy Analytics Institute, 21.Oct.2024) — Petrobras will release its 3Q:24 Production and Sales Report on 28 Oct. 2024 and its 3Q:24 Financial Performance Report on 7 Nov. 2024, both after the markets close. On 8 Nov. 2024, a webcast will be held to present the company’s results for the 3Q:24. […]

PEP Reveals Goals and Actions for 2024-2030  

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(Energy Analytics Institute, 19.Oct.2024) — Pemex Exploration and Production (PEP) announced actions and goals it will pursue during the 2024-2030 timeframe under Mexico’s new President Claudia Sheinbaum. Actions to strengthen PEP include:‱ Strengthening and increasing exploratory activity with 3D seismic, in order to promote new developments.‱ New developments will be […]

IEA: Colombia 3Q:24 Gas Market Report Update

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(International Energy Agency, 18.Oct.2024) —  In Colombia in Jan. 2024 the government declared a national disaster situation for a period of 12 months due to the impact of the El Niño weather phenomenon, which brought extreme drought and sizzling heatwaves. While Colombia’s hydropower output decreased by over 25% y-o-y from […]

Fact sheet: Citgo Petroleum’s US refineries, terminals, and pipelines

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HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 18.Oct.2024, Words: 185) — Citgo Petroleum Corp. has 3 strategically located, deep conversion refineries in Texas, Louisiana and Illinois. Combined, these 3 refineries have a combined total refining capacity of approximately 807,000 b/d.  Each refinery has the capability to process large volumes […]

LatAm NRG matters: highlights, heard from Brazil and Cuba to Mexico and Venezuela

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Oct.2024, Words: 494) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 Oct. 2024. —Brazil: TotalEnergies will divest its fuel distribution activities in Brazil to the Brazilian co. SIM Distribuidora, the French co. said.

Greening to Build 60 MWac Solar Plant in Indiana

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(Greening Group, 17.Oct.2024) — Greening, a diversified company focused on the generation, construction of projects, and commercialization of renewable energy, has been awarded the construction of a 60 MWac photovoltaic power generation plant that will supply renewable energy to a major technology company at one of its facilities in the […]

Equinor’s 3Q:24 Safety Results

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(Equinor, 17.Oct.2024) — Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by the end of the third quarter, measured over the previous twelve months. At the end of the third quarter of 2024 the serious incident frequency […]

Israel Conflict Gains Grip as Output: Rystad Says

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(Rystad, 17.Oct.2024) — Here is Rystad Energy’s market update from Middle East Research Director, Aditya Saraswat. “Tensions are persisting in the Middle East and the humanitarian toll is climbing. Energy market fundamentals have been largely unaffected to date, but this could change at a moment’s notice. In a widespread regional […]

CNOOC Inks 4 Contracts for Blocks Offshore Brazil

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(Energy Analytics Institute, 17.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum (ANP) and the partners in the Pelotas Basin. The contracts were signed for S-M-1813 in the Santos Basin, P-M-1737/39/97 in the […]

Phillips 66 to Shut Refinery, End Gasoline Output in Los Angeles

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(Reuters, 16.Oct.2024) — Phillips 66 said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply amid complaints about the state’s high prices. Phillips 66 CEO Mark Lashier cited “market dynamics” for the decision. The Los Angeles facility provides lower profits than other company oil processing plants, a […]

Overview: Shell Deer Park

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Oct.2024) — Just before the Great Depression, Shell became the first manufacturer to call Deer Park home in 1929. At that time, Deer Park had no other businesses or buildings in what is now a bustling community about 20 miles east of downtown […]

Phillips 66 to Cease Operating LA Refinery in 4Q:25

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(Energy Analytics Institute, 16.Oct.2024) — Phillips 66 will cease operations at its Los Angeles-area refinery in the fourth quarter of 2025. Phillips plans to work with authorities from the state of California to supply fuel markets and meet ongoing consumer demand. Approximately 600 employees and 300 contractors currently operate the […]

Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]

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(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up of Sangomar offshore Senegal, increased uptime across operated assets including 99.9% LNG reliability at Pluto and increased seasonal domestic gas demand. Woodside narrowed its full- […]

Port of Corpus Christi Announces Record 3Q:24 Volumes

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(Port of Corpus Christi, 15.Oct.2024) — The Port of Corpus Christi and its customers moved 53 million tons through the Corpus Christi Ship Channel in the third quarter of 2024, a new quarterly high mark driven by increases in crude oil and dry bulk movements. The 53 million tons moved […]

Baker Hughes Awarded Order for Kaminho Project in Angola

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(Baker Hughes, 15.Oct.2024) — Baker Hughes has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola.  Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity […]

Nabors Announces Deal to Acquire Parker Wellbore

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(Nabors, 15.Oct.2024) — Nabors Industries Ltd. and Parker Wellbore announced a definitive agreement under which Nabors will acquire all of Parker’s issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar. Parker provides drilling services across global energy markets. […]

ONEOK Closes Enlink Deal with GIP

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(ONEOK, 15.Oct.2024) — ONEOK, Inc. announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) and the successful completion of its acquisition of Global Infrastructure Partners‘ (GIP) entire interest in EnLink Midstream, LLC, for a total cash consideration of approximately $3.3bn. The acquisition […]

Arizona Sonoran Initiates Pre-Feasibility Study

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(Arizona Sonoran, 15.Oct.2024) — Arizona Sonoran Copper Company Inc. announces that following a request for proposal, ASCU has appointed M3 Engineering, Tucson, to lead the Cactus Project Pre-Feasibility Study (the “PFS”) and to act as metallurgical program lead. The consultants will include AGP (mining), Clear Creek (hydrology), ALS Geotechnical (geology), […]

Miros Secures ISO 27001 Certification for ISMS

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(Miros, 15.Oct.2024) — Miros, involved providing real-time ocean insights for maritime operations, has successfully obtained ISO 27001, the world’s leading standard for information security management systems (ISMS).  A major milestone in the company’s mission to set the highest standards for information protection, this internationally recognized certification sets out guidance for […]

Consumer Energy to Expand EV Charging at Michigan Workplaces 

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(Consumer Energy, 14.Oct.2024) — Consumers Energy is taking another new step to power Michigan’s electric vehicle transformation by announcing an effort to install EV chargers at workplaces across the state. Consumers Energy expects over 500 workplaces will install charging by 2030. “Consumers Energy is offering new approaches that will drive the […]

Southline Project Selected for Transmission Facilitation

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(Southline Transmission Project, 3.Oct.2024) — The U.S. Department of Energy (DOE) reaffirmed its confidence in the Southline Transmission Project by selecting Phase 2 of the project as a capacity contract recipient through the second round of the Transmission Facilitation Program. Co-developed by Black Forest Partners and Grid United, Southline is […]

Petrobras Inks 3 Concession Pelotas Basin Contracts

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(Energy Analytics Institute, 9.Oct.2024) — Petrobras signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle. The concessions were acquired in partnership with Shell and CNOOC at the Dec. 2023 public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Petrobras announced 14 […]

U.S. Firms Embrace AI, Cloud for Application Development

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(ISG, 14.Oct.2024) — Growing AI and cloud adoption have shaped U.S. enterprises’ application development and management (ADM) strategies over the past year, according to a new research report published today by Information Services Group (ISG), a global technology research and advisory firm. The 2024 ISG Provider Lensℱ Next-Gen ADM Services […]

Phillips 66 to Divest Interest in Switzerland-based JV for $1.24bn

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(Energy Analytics Institute, 14.Oct.2024) — Phillips 66‘s subsidiary, Phillips 66 Limited, entered into a definitive agreement to sell its 49% non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner.  In the deal, it will receive cash of 1.06bn Swiss francs (approximately $1.24bn) consisting of a […]

Kinder Morgan on Trident Open Season

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(Energy Analytics Institute, 14.Oct.2024) — Trident Intrastate Pipeline LLC is launching a binding open season to solicit commitments for the construction of its 216 miles of 48- and 42-inch mainline.  The open season will begin 14 Oct. 2024, and conclude at 5 p.m. CT on 12 Nov. 2024, Kinder Morgan […]

OPEC’s Al Ghais on Oil Demand Peaking by 2030

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(Energy Analytics Institute, 13.Oct.2024) — OPEC Secretary General HE Haitham Al Ghais said that claims around oil demand peaking by 2030, or even dropping by 25%, “are just that – claims.”  Al Ghais’ comment was posted 13 Oct. 2024 on X, formerly Twitter, by the organization. Al Ghais also said […]

LatAm NRG matters, highlights, heard: YPF partner search, Woodside acquires Tellurian

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Oct.2024, Words: 520) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 11 Oct. 2024. —Argentina: YPF S.A. continues to search the world over for potential partners to enter into the Argentina LNG project to be domiciled in […]