Visit the official website of Stockity to explore all its features and services in one place.

Green Yard Inks Shipbuilding Deal with OMV Petrom

  • 0

(Green Yard, 11.Oct.2024) — Green Yard Kleven has signed a shipbuilding contract with the Romanian integrated energy company OMV Petrom S.A. for the construction of a “Field Support Vessel” that will operate for the Neptun Deep project. Neptun Deep is the largest natural gas project in the Romanian Black Sea […]

Excelerate Energy Announces Changes to Board of Directors

  • 0

(Energy Analytics Institute, 11.Oct.2024) — Excelerate Energy, Inc. announced that Henry G. Kleemeier retired from the Board effective 9 Oct. 2024, and that Tyler D. Todd has been elected to the company’s Board of Directors, effective 10 Oct. 2024.  Todd will serve on the Compensation and Nominating and Corporate Governance […]

Ecopetrol to Liquidate Ecopetrol Energia S.A.S E.S.P.

  • 0

(Energy Analytics Institute, 10.Oct.2024) — Shareholders of Ecopetrol Energia S.A.S E.S.P. voted with an 100% affirmative vote to authorize its liquidator, Christian Schneider Jaramillo, to carry out all the necessary steps for the due liquidation of this company. Ecopetrol Energia, which was responsible for the commercialization of energy, cancelled its […]

Atlas Energy Commissions Dune Express

  • 0

(Atlas, 10.Oct.2024) — Atlas Energy Solutions Inc. announced that the commissioning of the Dune Express, a 42-mile long, fully electric conveyor system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into […]

CCUS Growth Challenged by Current Economics

  • 0

(WoodMac, 10.Oct.2024) — Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilization and storage (CCUS), economics remain challenging, and many potential projects are at risk. […]

TotalEnergies Expands Global LNG Bunkering Footprint

  • 0

(TotalEnergies, 10.Oct.2024) — TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs. In particular, this additional vessel might be deployed in Oman, where the company is developing […]

BW LPG Comments on Performance of Product Segment

  • 0

(Energy Analytics Institute, 10.Oct.2024) — BW LPG Limited provided an update on the performance from its BW Product Services’ segment during the third quarter 2024. For the quarter ended 30 Sep. 2024, BW Product Services reported an estimated gross profit of $71mn, which was mainly a result of $86mn of […]

Sheinbaum Says Mexico Not Looking to Boost Nuclear Energy

  • 0

(Energy Analytics Institute, 10.Oct.2024) — Mexico’s President Claudia Sheinbaum said her country had no plans to boost its nuclear capacity. “I’m not pro-nuclear because nuclear has other environmental impacts,” Sheinbaum during her 10 Oct. 2024 daily news briefing with the media. “It doesn’t emit greenhouse gases that provoke climate change […]

Truckline Installation Completed at Scarborough Project

  • 0

(Energy Analytics Institute, 10.Oct.2024) — Saipem and sub-contractor teams completed the installation of the truckling at Woodside Energy’s Scarborough energy project. The 433-km trunkline will transport gas from the offshore Scarborough field to the onshore Pluto LNG processing facility in Karratha, the Australian company said 10 Oct. 2024 in a […]

APA Corp. Provides 3Q:24 Supplemental Info.

  • 0

(APA Corp., 9.Oct.2024) — APA Corporation provided supplemental information regarding certain third-quarter 2024 (3Q:24) financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the 3Q:24. It is provided to assist investors, analysts and others in formulating their […]

Woodside Completes Tellurian Acquisition

  • 0

(Woodside, 9.Oct.2024) — Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900mn cash, or $1.00 per share. The implied enterprise value is approximately $1,200mn. (1) Woodside also announced it […]

Suriname First Development Boosted

  • 0

(Energy Analytics Institute, 8.Sep.2024) — APA Corporation recently provided additional details around the final investment decision (FID) taken offshore Suriname with its French partner TotalEneriges.  The development is the first deep oil development offshore Suriname.  Appraisal drilling confirmed gross estimated recoverable resources of more than 750 million barrels of oil, […]

Morningstar DBRS Places CNRL’s Credit Ratings Under Review 

  • 0

(Morningstar DBPS, 8.Oct.2024) — DBRS, Inc. (Morningstar DBRS) placed all credit ratings of Canadian Natural Resources Limited (CNRL or the Company) Under Review with Negative Implications. On 7 Oct. 2024, CNRL announced that it had entered into an agreement with Chevron Canada Limited (Chevron), an indirect subsidiary of Chevron Corporation […]

Tellurian Executives Enter in Separation Agreement

  • 0

(Energy Analytics Institute, 8.Oct.2024) — On 8 Oct. 2024, Tellurian Inc. completed its previously announced merger with Woodside Energy. On said date, Woodside and Tellurian entered into a separation agreement and general release with: Daniel A. Belhumeur, President, Tellurian, Samik Mukherjee, President, Tellurian Investments, and Simon G. Oxley, Executive Vice […]

Honeywell to Spin Off Advanced Materials Business

  • 0

(Honeywell, 8.Oct.2024) — Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. As […]

Noble Announces Major Shareholder Notice from BlackRock

  • 0

(Noble, 8.Oct.2024) — Pursuant to Section 30 of the Danish Capital Markets Act, Noble Corporation plc hereby announces the receipt of a major shareholder notification from BlackRock, Inc. BlackRock has notified Noble on 7 Oct. 2024 that, as of 1 Oct. 2024, BlackRock’s holdings of indirect shares and voting rights […]

TotalEnergies Inks Renewable Supply Deal with Saint-Gobain

  • 0

(TotalEnergies, 8.Oct.2024) — TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect from Jan. 2026 for a total volume of 875 GWh over a period of five years. TotalEnergies will provide Saint-Gobain with a baseload supply of electricity and guarantees of origin for […]

Chevron Reveals $6.5bn Sale of Interests in Canada to CNRL

  • 0

HOUSTON, TEXAS (Energy Analytics Institute, 7.Oct.2024) — Chevron Canada Limited, an indirect subsidiary of Chevron Corporation, and a related entity entered into a definitive agreement to sell their 20% percent non-operated interest in the Athabasca Oil Sands Project, 70% operated interest in the Duvernay shale, and related interests, all located […]

TotalEnergies Joins RWE in Two Offshore Wind Projects

  • 0

(TotalEnergies, 7.Oct.2024) — TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two projects, N-9.1 (2 GW) and N-9.2 (2 GW), located 110 km off the German coast, were awarded to RWE in Aug. 2024 and have 25-year […]

Lithium Africa Resources Announces Additions to Board

  • 0

(Lithium Africa Resources, 7.Oct.2024) — Lithium Africa Resources Corp. announces additions to board. Lithium Africa is pleased to announce two significant additions to its Board of Directors as the company matures and continues its consolidation of district scale, hard rock lithium prospects in Africa. The new appointments to the Board, as […]

Saipem Accelerates Research into Geothermal Energy

  • 0

(Saipem, 7.Oct.2024) — Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geothermal energy with Geolog, a company in the evaluation of geological formation and drilling solutions, and Ignis H2 Energy, a company specialized in geothermal resource acquisition, exploration, and development. The agreement is […]

CNOOC Brings Online Bozhong 19-2 Oilfield Development Project

  • 0

(Energy Analytics Institute, 7.Oct.2024) — CNOOC Limited and 80883 said the Bozhong 19-2 Oilfield Development Project has started production. Peak production from the project is expected to be approximately 18,800 b/d of heavy crude oil in 2025, CNOOC said 7 Oct. 2024 in an official statement.  The project is located […]

Equinor Buys 9.8% Minority Stake in Ørsted

  • 0

(Equinor, 7.Oct.2024) — The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. “Equinor has a long-term perspective and will be a supportive owner in Ørsted. This is a counter-cyclical investment in a leading developer, and a […]

CNRL to Acquire Chevron’s Alberta Assets for $6.5bn

  • 0

(CNRL, 7.Oct.2024) — Canadian Natural Resources Limited (CNRL) entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited its 20% interest in the Athabasca Oil Sands Project (AOSP), which includes 20% of the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture […]

CNRL Increases Quarterly Dividend

  • 0

(Energy Analytics Institute, 7.Oct.2024) — The Board of Directors of Canadian Natural Resources Limited (CNRL) agreed to increase the quarterly cash dividend by 7% to $0.5625 per common share, up compared to the previous quarterly cash dividend of $0.525 per common share, CNRL said 7 Oct. 2024 in an official […]

Chevron Closer to Canadian Divestment Target with $6.5bn Asset Sale to CNRL

  • 0

(WoodMac, 7.Oct.2024) — Addressing Chevron’s announcement to sell Canadian assets to Canadian Natural Resources (CNRL) for US$6.5bn Mark Oberstoetter, Wood Mackenzie Upstream Research Director in Calgary, said “Chevron has shown commitment to its divestment target with two sale announcements in two weeks. Offloading Alaska assets to ConocoPhillips (COP) last week […]

MODEC Announces Establishment of OFS India

  • 0

(Energy Analytics Institute, 4.Oct.2024) — MODEC, Inc. announced that Offshore Frontier Solutions Pte. Ltd. (OFS), a MODEC Group company in Singapore, is partnering with Toyo Engineering India Private Limited to establish a global capability center in Bengaluru, India.  This joint venture company, TOYO MODEC OFS India Private Limited (OFS India), […]

LatAmNRG matters, highlights, heard: Argentina LNG, $7.3bn Amber-Citgo deal

  • 0

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 4.Oct.2024, Words: 423) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 4 Oct. 2024. LATIN AMERICA —Argentina: Malaysian energy giant Petronas, which has generated a ton of noise in recent wks about its rumored departure from […]

Shell Poised to Add Pipeline Capacity in US GOM

  • 0

(Shell Pipeline Company, 3.Oct.2024) — Shell Pipeline Company LP announced the Final Investment Decision (FID) for the Rome Pipeline, an offshore pipeline construction project increasing access between Shell’s Green Canyon Block 19 (“GC-19”) pipeline hub platform and the Fourchon Junction facility on the Louisiana Gulf Coast. The pipeline will bring […]

Producers Midstream to Build Gas Facilities in Lea County

  • 0

(Tailwater Capital, 3.Oct.2024) — Producers Midstream II, LLC, a portfolio company of Tailwater Capital, announced it is constructing a new gathering, treating, and processing system in Lea County, New Mexico. The System will be located in the core of the Delaware Basin, one of the most active oil and gas […]

Flex LNG Finalizes $430mn in New Financings

  • 0

(Flex LNG, 3.Oct.2024) — Flex LNG Ltd announced that the aggregate $430mn of new financings announced in the Q2:24 report have been completed according to plan with net proceeds of about $97mn. On 4 Sep. 2024, the new $270mn bank facility financing Flex Aurora and Flex Ranger was completed, and […]

QatarEnergy LNG Awards McDermott EPCI Contract for the NFS

  • 0

(McDermott, 3.Oct.2024) — McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project. This new contract is in addition to the awards received by McDermott earlier for the NFS Pipelines FEED, the NFS Jackets […]

IsoEnergy Acquires Anfield, Securing Expanded US Uranium Production

  • 0

(IsoEnergy, 2.Oct.2024) —  IsoEnergy Ltd. and Anfield Energy entered into a definitive agreement (the “Arrangement Agreement“) pursuant to which IsoEnergy will acquire all of the issued and outstanding common shares of Anfield (the “Anfield Shares“) by way of a court-approved plan of arrangement (the “Transaction“). Anfield owns 100% of the Shootaring Canyon Mill (the […]