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SSR Mining updates on Seabee

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HOUSTON, TEXAS (Aaron Simonsky, Energy Analytics Institute, 23.Sep.2024, Words: 196) — SSR Mining Inc. said Seabee will restart in second half of Oct. 2024. The fire activity has significantly reduced in the direct vicinity of the Seabee operations and is being actively managed. Following the Seabee evacuation on 21 Aug. […]

Scala Data Centers Secures $500mn from Coatue and IMCO

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(Scala Data Centers, 23.Sep.2024) — Scala Data Centers, the hyperscale sustainable data center platform in Latin America, is pleased to announce the successful completion of $500mn in structured financing. The investment includes $250mn from Coatue Tactical Solutions and $250mn from the Investment Management Corporation of Ontario (IMCO). The funds will be used to accelerate Scala’s expansion across Latin America to support the […]

Cemex’s Lower-carbon Materials to Fortify Wastewater Plant in San Francisco

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(Cemex, 23.Sep.2024) — As part of San Francisco’s major initiative to sustainably upgrade and modernize infrastructure, Cemex has announced its involvement in reinforcing the City’s largest wastewater treatment plant with its VertuaÂźlower-carbon concrete. The Southeast Treatment Plant’s (SEP) Biosolids Digester Facilities Project will replace the outdated existing solids treatment facilities with more reliable, efficient, and modern […]

Mon Power and Potomac Edison Break Ground on Third Solar Site

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(FirstEnergy, 23.Sep.2024) — Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp., have begun construction on their third utility-scale solar site in West Virginia to help meet the state’s electricity needs and further encourage economic development. The Marlowe solar project is located along Interstate 81 and the Potomac River on a 36-acre property in Berkeley County that was […]

Air France-KLM Ramps up SAF Offtake with TotalEnergies

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(TotalEnergies, 23.Sep.2024) — TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to […]

FĂ©nix Gas Field: Quick Facts

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(Energy Analytics Institute, 23.Sep.2024) — France’s TotalEnergies announced the start of production from the FĂ©nix gas field. The field is located 60 km off the coast of Tierra del Fuego in Southern Argentina, the French company announced 23 Sep. 2024 on LinkedIn. Facts and highlights about the FĂ©nix gas field, […]

Pyka Secures $40mn to Advance Commercialization of Electric Aircraft

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(Pyka, 23.Sep.2024) — Pyka, an electric aviation technology leader that designs and manufactures large-scale autonomous electric aircraft, today announced a $40mn Series B raise. The funding round was led by Obvious Ventures, with participation from both new and existing investors, including Piva Capital, Prelude Ventures, Metaplanet Holdings, and Y Combinator. Pyka is rapidly […]

CRRC to Unveil Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024

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(CRRC, 22.Sep.2024) — Under the theme of On Track for A Low Carbon Future, CRRC Corporation Limited (“CRRC”, SHA: 601766) will display its line-up of passenger and freight transportation offerings, alongside full life-cycle system solutions, at InnoTrans 2024 in Berlin, Germany. Highlighting the event, two innovative, eco-friendly, and intelligent trains will make their […]

World Manufacturing Convention 2024 Showcases Next-Gen Technologies

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(World Manufacturing Convention, 21.Sep.2024) — As technology and innovation converge, a grand feast celebrating the manufacturing industry is commencing. On 20 Sep. 2024, the 2024 World Manufacturing Convention opened its doors at the Hefei Binhu International Convention and Exhibition Center in Hefei, Anhui Province. As a premier event in the manufacturing sector, this […]

New Projects to Open Bakken NGL Markets

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(East Daley, 20.Sep.2024) — The Permian and Williston basins are both constrained by inadequate gas pipeline egress. Yet when it comes to managing the associated ethane, that’s where the similarities end – Permian ethane is valued as a purity product, and Bakken supply plays second fiddle. Market dynamics are likely to […]

US-China Circular Economy Forum Tackles “White Pollution”

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(Niutech, 20.Sep.2024) — On 6 Sep. 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from […]

Class Action Filed Against New Fortress Energy

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(Levi & Korsinsky, 20.Sep.2024) — Levi & Korsinsky, LLP notifies investors in New Fortress Energy Inc. of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of New Fortress investors who were adversely affected by alleged securities fraud between 29 Feb. 2024 and 8 Aug. 2024. Follow the link to get more […]

Flex LNG on Mandatory Notification of Trade by PDMR

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(Energy Analytics Institute, 20.Sep.2024) — Flex LNG Ltd. said it has received trade notifications from the following two persons discharging managerial responsibilities (PDMR). Øystein Kalleklev, CEO of Flex LNG Management AS, has in the period 18-19 Sep. 2024 exercised 100,000 options and subsequently sold 100,000 shares on New York Stock Exchange (NYSE) […]

Crescent to Develop Integrated CCS Solution for Entergy

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(Energy Analytics Institute, 20.Sep.2024) — Crescent Midstream will develop and build an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy-owned natural gas-fired power plant. Through collaboration between Entergy, Crescent, SAMSUNG E&A, and Honeywell‘s carbon capture technologies, the ~$1bn project would be one of the […]

Kimmeridge and Commonwealth LNG Ink Deal with Glencore

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(Energy Analytics Institute, 19.Sep.2024) — Kimmeridge Texas Gas (KTG) and Commonwealth LNG entered into a Heads of Terms agreement with Glencore LTD, creating a strategic natural gas and LNG partnership. Under the terms of the agreement, Glencore will purchase 2 million tonnes per annum (mtpa) of LNG for 20 years from […]

Gastech Houston 2024: Day 3 Wrap

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(Gastech, 19.Sep.2024) — The third day of Gastech 2024 continued to forge the energy industry’s route towards achieving net-zero emissions and sustainable growth. Alongside a continued focus on the central role of natural gas and LNG, the day’s sessions championed innovative decarbonization solutions, such as hydrogen, low-carbon LNG, and nuclear […]

Scarborough Primary Approval Challenge to be Dismissed

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(Woodside, 19.Sep.2024) — Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project. The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well. The Federal Court proceedings sought an […]

Golden Arrow Initiates Permitting at the San Pietro Project in Chile

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(Energy Analytics Institute, 19.Sep.2024) — Golden Arrow Resources Corporation has engaged the services of a Chilean environmental consultancy firm for the preparation and submission of an Environmental Impact Statement, known as a “DeclaraciĂłn de Impacto Ambiental (DIA)” in Spanish, for the cdompany’s flagship San Pietro Iron-Copper-Gold-Cobalt Project in Chile Golden Arrow said 19 […]

TotalEnergies to Supply 1.25 Mt/y of LNG to CNOOC until 2034

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(TotalEnergies, 19.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces a 5-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034. Thanks to this agreement, TotalEnergies […]

Petrobras Awards TechnipFMC Subsea Contracts by for Brazil’s Pre-Salt Fields

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(Energy Analytics Institute, 19.Sep.2024) — TechnipFMC has been awarded two subsea contracts by Brazil’s state-owned Petrobras for the pre-salt fields offshore the South American country. The first award is a substantial contract—between $260mn-$500mn—to design, engineer, and manufacture riser flexible pipe. TechnipFMC will also supply associated services including packing and storage, […]

Citgo Awards $1mn to Caring For Our Coast Nonprofits

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(Citgo, 18.Sep.2024) — Celebrating a decade of environmental protection, conservation and restoration, the Citgo Caring For Our Coast initiative is amplifying its impact with an additional $1mn in grants awarded to 17 environmental organizations located around the Gulf Coast region and in Lemont, Illinois, where Citgo has operations. The recipient organizations support a wide range […]

Bristow to Present at Deutsche Bank Leveraged Finance Conference

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(Energy Analytics Institute, 18.Sep.2024) — Bristow Group Inc. revealed that Chris Bradshaw, its President and Chief Executive Officer, will participate in a fireside chat discussion at the Deutsche Bank Leveraged Finance Conference on 24 Sep. 2024, at 9:20 a.m. MT (11:20 a.m. CT). Bristol will also participate in investor meetings throughout the day, the company said […]

Petrobras on Media Reports on Fuel Prices

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(Energy Analytics Institute, 18.Sep.2024) — Petrobras downplayed claims in the media that it has decided to reduce fuel prices. “Any adjustments to the prices of its products are made in the normal course of its business with no defined periodicity and, when there is a decision to change, the price list […]

TotalEnergies to Supply 1.1 mtpa to BOTAƞ for 10 Years

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(Energy Analytics Institute, 18.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies signed a Heads of Agreement (HoA) with BOTAƞ for the delivery of 1.1 million tons per annum (mtpa) of LNG for ten years starting from 2027. This agreement allows TotalEnergies to […]

Strohm’s TCP Jumpers Installed Offshore Malaysia

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(Energy Analytics Institute, 18.Sep.2024) — Strohm has overseen the successful installation of its thermoplastic composite pipe (TCP) Jumper technology at the Deepwater Sabah project offshore Malaysia. The technology was installed by contractor McDermott on behalf of an international operator. It is the second time the firm’s TCP product has been […]

Seadrill and Oil States in Strategic Collaboration to Enhance Offshore Operations

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(Energy Analytics Institute, 17.Sep.2024) — Seadrill Limited and Oil States International, Inc. announced a non-exclusive collaborative relationship with an aim on increasing the safety and efficiency of offshore MPD operations. This strategic initiative combines Oil States’ award-winning MPD Integrated Riser Joint (IRJ) system with Seadrill’s high-spec fleet of floating drilling […]

SLB Launches Lumi Platform

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(SLB, 17.Sep.2024) — SLB launched the Lumiℱ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value chain. The open, secure and modular platform unlocks access to high-quality data across subsurface, surface, planning and operations, increasing cross-domain collaboration and releasing new intelligence […]

Woodside and JERA Ink Deal for Long-Term LNG Supply

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(Woodside, 17.Sep.2024) — Woodside has signed a sale and purchase agreement (SPA) with JERA for the long-term supply of liquefied natural gas (LNG) to Japan. Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis, commencing in […]

Talos Energy Publishes Annual Sustainability Report

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(Tales, 17.Sep.2024) — Talos Energy Inc. published its fifth annual Sustainability Report for the 2023 calendar year. The report highlights Talos’s continued commitment to transparency, emissions reduction efforts, and sustainability and governance improvements across its growing exploration and production business in the Gulf of Mexico. Talos’s report was developed with reference to […]

Nucor Announces 3Q:24 Guidance

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(Energy Analytics Institute, 17.Sep.2024) — Nucor Corporation announced guidance for its third quarter ending 28 Sep. 2024. Nucor expects third quarter earnings to be in the range of $0.87 to $0.97 per diluted share. After adding back certain one-time non-cash charges totaling approximately $0.43 per diluted share, described below, we expect third quarter adjusted earnings per diluted […]

Gastech Houston 2024: Day 1 Wrap

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(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024 launched in Houston today under the banner of ‘Transforming Energy Through Vision, Innovation, and Action,’ providing a premier platform for industry leaders, policymakers, and energy professionals to explore the pivotal role of natural gas and LNG in enhancing energy security and reducing […]

Nauticus Robotics Reports Second Round of Aquanaut Mark 2 Testing

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(Nauticus Robtics, 17.Sep.2024) — Nauticus Robtics, Inc., a innovator in autonomous subsea robotics and software, began its second round of qualification testing of its flagship underwater vehicle, Aquanaut Mark 2, in the Gulf of Mexico (GOM). Vehicle 2 will be used for commercial operations going forward. Completion of this testing is intended to certify […]

Venture Global Expand European Regas Capacity

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(Venture Global, 17.Sep.2024) — Venture Global announced the execution of a binding long-term terminal use agreement (TUA) with GASTRADE S.A. enabling the regasification and sale of liquefied natural gas (LNG) from Venture Global’s terminals in Louisiana to markets in Central and Eastern Europe. Under the agreement, Venture Global has secured approximately 1 million tonnes per annum […]

Johan Castberg Anchored in the Barents Sea

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(Equinor, 17.Sep.2024) — The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The hook-up of the FPSO to the subsea facilities, preparing it for production start-up towards the end of the year, will now start. “This is an […]

Gastech Houston 2024: Day 2 Wrap

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(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024, the world’s premier platform for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low carbon solutions, marked its second day, driving key conversations on the role of innovation and collaboration in delivering a just, orderly sustainable path to net-zero. In the day’s […]

Groete Gold Project Permit Update

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(Energy Analytics Institute, 17.Sep.2024) — Gold Port Corporation revealed that the 100% owned claim group comprising the Groete Gold Copper Project has been renewed for the ensuing year by the Guyana Geology and Mines Commission.   The three mining permits total 1,384 hectares and are now in effect until Jul. 2027.  During this […]

Steelhead LNG Initiates Patent Infringement Case Against Cedar LNG and Samsung

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(Steelhead, 16.Sep.2024) — Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, announced the commencement of patent infringement proceedings against Cedar LNG and Samsung Heavy Industries Co., Ltd. in the Republic of Korea. This litigation marks a significant step in Steelhead LNG’s ongoing efforts to protect its proprietary technology […]

New Gold Comments on Growth Opportunities in Canada

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(Energy Analytics Institute, 16.Sep.2024) — New Gold Inc. provided an update on its ongoing exploration program at its New Afton mine in British Columbia, Canada. xemeaino Following successful exploration results at K-Zone earlier this year, exploration drilling in the eastern part of the mine continues to intersect high-grade copper-gold porphyry mineralization, […]

Vizsla Silver Announces $65mn Bought Deal Offering

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(Energy Analytics Institute, 16.Sep.2024) — Vizsla Silver Corp. has entered into an agreement with Canaccord Genuity as sole bookrunner, on behalf of itself and syndicate of underwriters, pursuant to  which the Underwriters have agreed to purchase, on a bought deal basis, 25,000,000 common shares, at a price of $2.60 per Common Share, for […]

Höegh LNG Changes Name to Höegh Evi

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(Höegh LNG, 16.Sep.2024) — Höegh LNG has changed its name to Höegh Evi.   Standing for “energy vector infrastructure,” the name Evi reflects the recent expansion of our focus beyond LNG import terminals to encompass innovative and tangible clean energy solutions. As a leader in liquefied gas handling, Höegh Evi is accelerating the […]

Saipem Awarded Offshore Contract in Saudi Arabia Worth$2bn

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(Energy Analytics Institute, 16.Sep.2024) — Saipem has been awarded a new offshore contract worth $2bn, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The award follows the completion of the bidding procedure, and the occurrence of the usual preliminary […]

Woodside Execs Visit NYSE in First Equity Market Briefing

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(Energy Analytics Institute, 16.Sep.2024) — Woodside Energy completed its first North American equity market briefing at the New York Stock Exchange (NYSE) on 16 Sep. 2024, the Australian company’s CEO Meg O’Neill announced on LinkedIn. Woodside was initially listed on the NYSE in 2022 when the company merged with BHP’s […]