CHUNYIP WONG/E+ via Getty Images Sempra (NYSE:SRE) said Wednesday it signed a non-binding heads of agreement to supply Saudi Aramco (ARMCO) with 5M metric tons/year of liquefied natural gas from the Port Arthur LNG Phase 2 expansion project for 20 years. Sempra (SRE) said the HoA also contemplates Aramco’s (ARMCO)Continue Reading
Gargolas/iStock via Getty Images Texas geothermal company Fervo said Tuesday that Southern California Edison (NYSE:EIX) signed power purchase agreements for power from its advanced geothermal project under construction in southwest Utah; financial terms were not disclosed. In terms of megawatts, Fervo said the deal for 320 MW – the equivalentContinue Reading
rgaydos/E+ via Getty Images Pembina Pipeline (NYSE:PBA) and the Haisla Nation announced Tuesday a final investment decision to move forward with the Cedar LNG project, a floating liquefied natural gas facility located in the Haisla Nation traditional territory on Canada’s West Coast. The facility, with nameplate capacity of 3.3M metricContinue Reading
Spencer Platt/Getty Images News Exxon Mobil (NYSE:XOM) has taken the first step toward what will be its seventh oil project in Guyana – the Hammerhead project, which would pump as much as 180K bbl/day as soon as 2029, pending government approval – Exxon country manager Alistair Routledge told Bloomberg onContinue Reading
McEwen Mining will purchase up to 466,667 shares of McEwen Copper for $14M and Rob McEwen will purchase up to 166,666 shares for $5M. The proceeds will be used to advance work on a bankable feasibility study for the Los Azules copper project, which is scheduled for publication by theContinue Reading
Solitario Resources (NYSE:XPL) (TSX:SLR:CA) on Monday announced that its final revised plan of operations for its Golden Crest project has been signed by US Forest Service. The company added that the South Dakota board of minerals has accepted Solitario’s reclamation bond, paving the way for exploration drilling to begin. TheContinue Reading
jotily Enbridge (NYSE:ENB) and the Six Nations Energy Development consortium unveiled plans Monday to develop a wind energy project in Saskatchewan, supported partly by loan guarantees of up to $100M from the Saskatchewan Indigenous Investment Finance Corporation. The Seven Stars Energy Project, to be developed, constructed and operated by EnbridgeContinue Reading
MOZCO Mateusz Szymanski/iStock Editorial via Getty Images CBRE Group (NYSE:CBRE) said on Monday that the commercial real estate services and investment company plans to combine its project management business with the unit Turner & Townsend. Turner & Townsend provides program management, cost consultancy and project management services. CBRE is setContinue Reading
