Heads of Agreement

Energy Transfer Reports Strong Fourth Quarter 2023 Results and Announces 2024 Outlook

Retrieved on: 
Wednesday, February 14, 2024
Oil, Gas, Energy, Transfer, TotalEnergies, Natural gas, USAC, Transport, NGL, Partnership, SUN, Heads of Agreement, Energy Transfer Partners, Public expenditure, Sunoco

Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023.
  • The midpoint of this range represents a 7% increase from 2023 Adjusted EBITDA of $13.7 billion, which was $100 million above the high end of Energy Transfer 2023 estimates.
  • With the addition of new growth projects and acquisitions, Energy Transfer’s assets continued to reach new milestones during the fourth quarter of 2023.
  • In January 2024, Energy Transfer announced a quarterly cash distribution of $0.3150 per common unit ($1.26 annualized) for the quarter ended December 31, 2023, which is an increase of 3.3% compared to the fourth quarter of 2022.

Energy Transfer Announces a Heads of Agreement With TotalEnergies for Crude Offtake From Its Blue Marlin Offshore Project

Retrieved on: 
Thursday, November 16, 2023
Energy, Other Energy, Oil, Gas, Transfer, Heads of Agreement, Energy Transfer Partners, TotalEnergies, NYSE, HOA

Energy Transfer LP (NYSE: ET) announced today it has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed Blue Marlin Offshore Port for 4 million barrels per month.

Key Points: 
  • Energy Transfer LP (NYSE: ET) announced today it has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed Blue Marlin Offshore Port for 4 million barrels per month.
  • The HOA is subject to the negotiation and execution of definitive agreements and the satisfaction of other conditions, including Energy Transfer taking a final investment decision.
  • The agreement with TotalEnergies marks an important step in the commercialization of the proposed Blue Marlin Offshore Port and underscores the need for the further development of export capabilities to support the efficient delivery of U.S.-produced energy products globally.

JERA Americas and Uniper Announce Heads of Agreement Signing for Low Carbon Hydrogen/Ammonia Supply

Retrieved on: 
Tuesday, September 5, 2023
Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Chemicals, Plastics, Nuclear, Manufacturing, Hydrogen, German, ConocoPhillips, Multimedia, Carbon, Federal Ministry of Budget and National Planning (Nigeria), Sale, Ammonia, MOU, Heads of Agreement, CCS, Industrial gas, Natural gas, Uniper, Economics

JERA Americas & Uniper announced today a non-binding Heads of Agreement, together with ConocoPhillips, for an ammonia sale to Uniper and that moves their cooperation on development of a low-carbon ammonia production facility along the US Gulf Coast to the next phase.

Key Points: 
  • JERA Americas & Uniper announced today a non-binding Heads of Agreement, together with ConocoPhillips, for an ammonia sale to Uniper and that moves their cooperation on development of a low-carbon ammonia production facility along the US Gulf Coast to the next phase.
  • The project would have an initial production capacity of 2 MTPA of low-carbon ammonia with potential for expansion in the future.
  • Steven O’Rourke, Chief Executive Officer of JERA Americas said, “We are very pleased to announce this contracting progress with Uniper SE as a core customer for our low carbon hydrogen/ammonia project.
  • The rapid development of global-scale, low carbon hydrogen/ammonia production is critical to the timely realization of our collective global energy transition initiatives.

Leviathan Gold enters into Heads of Agreement in regard to the Excelsior Prospect at its Avoca Project.

Retrieved on: 
Tuesday, August 29, 2023
LVX, Life, Resource, AOI, JORC, AUD, Gold, Mining, Heads of Agreement, Natural gas, Rare-earth element, Excelsior, Core, Leviathan, HOA

Historic production records from Excelsior indicate the mining of 13,200 tons for 9,260 ounces of gold from an ore shoot to a depth of 100 meters.

Key Points: 
  • Historic production records from Excelsior indicate the mining of 13,200 tons for 9,260 ounces of gold from an ore shoot to a depth of 100 meters.
  • VANCOUVER, BC, Aug. 29, 2023 /PRNewswire/ - Leviathan Gold Ltd. ("Leviathan", the "Company") (TSXV: LVX) (Germany: 0GP) is pleased to announce that its wholly-owned subsidiary, Leviathan Gold (Australia) Pty Ltd., has entered into Heads of Agreement ("HOA") with Core Prospecting Pty Ltd. ("Core") in regard to the Excelsior Prospect at its Avoca Project in the Victorian goldfields, Australia.
  • Upon fulfilment of certain conditions by Core, Leviathan shall on behalf of Core apply for a standalone tenure over the AOI, (the "New Tenement").
  • If Core fails to complete Phase 2 they shall forfeit any interest under Phase 1 and shall have no interest in the AOI.

De Grey to Invest A$25 Million to Earn 50% in Egina JV and Complete A$10 Million Cornerstone Investment

Retrieved on: 
Wednesday, June 21, 2023
IPO, Aegina, Becher, Hemi, Geology, ASX, Australian Securities Exchange, Sale, Argonauts, JORC, Gold, Moz, Heads of Agreement, OTCQX, TSX, Cornerstone, NVO, De Grey, ENE, Mining, Rare-earth element, Security (finance), Renewable energy, HMAS Mallina

km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).

Key Points: 
  • km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).
  • De Grey will manage all exploration under the earn-in and become the manager of the Egina JV once established.
  • The cornerstone private placement to De Grey will be completed at Novo's current spot price of C$0.255 per common share.
  • This transaction with De Grey will result in Novo having an unaudited consolidated cash position of approximately C$29.8 million / A$33.0 million.

Energy Finders Inc Announces Major Technology License for Next Generation Clean Energy

Retrieved on: 
Wednesday, March 8, 2023
EBOX, OTC, Agreement, POC, Climate change, Heads of Agreement, IEH, Renewable energy

WASHINGTON, March 8, 2023 /PRNewswire/ -- Energy Finders, Inc. (OTC PINK: EGYF) - ("Energy Finders, Inc" or the "Company")

Key Points: 
  • WASHINGTON, March 8, 2023 /PRNewswire/ -- Energy Finders, Inc. (OTC PINK: EGYF) - ("Energy Finders, Inc" or the "Company")
    Energy Finders, Inc (EGYF) is pleased to announce signed Heads of Agreement for an exclusive license for eBox, an Intelligent Energy Harvesting (IEH) technology that is set to transform the company into an emerging leader in the next generation of cleantech energy.
  • Mohammed Zulfiquar stated, "I am excited to share this monumental day with all of the shareholders of Energy Finders, Inc. eBox is specifically designed to utilize the latest advancements in cutting edge space technologies.
  • We believe that our technology roadmap has profound potential to revolutionize the renewable energy industry while making a significant impact in the fight against rising energy costs, rolling power blackouts and climate change.
  • We look forward to launching our new EGYF website and product branding initiatives within our next news releases."

Delfin Midstream and Devon Energy Enter into LNG Export Partnership

Retrieved on: 
Monday, September 5, 2022
Primary energy, MTPA, Centrica, HOAS, FID, Partnership, CEO, Free trade, DVN, NYSE, Devon Energy, Hand, LLP, Solution, Port, Contract, Delaware Basin, MARAD, Gulf of Mexico, Department, UTOS, Investment, SPA, GLOBE, Heads of Agreement, Latham & Watkins, Natural gas, Special Protection Area, HOA, LNG

HOUSTON, Sept. 05, 2022 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (Delfin) and Devon Energy Corporation (NYSE: DVN) (together with certain of its operating subsidiaries, collectively, Devon) today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement (HOA) for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin.

Key Points: 
  • HOUSTON, Sept. 05, 2022 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (Delfin) and Devon Energy Corporation (NYSE: DVN) (together with certain of its operating subsidiaries, collectively, Devon) today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement (HOA) for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin.
  • We are delighted to execute this agreement with Devon, representing a truly strategic partnership between a U.S. producer and a liquefaction provider, said Dudley Poston, Delfin CEO.
  • Delfin is a leading LNG export infrastructure development company utilizing low-cost Floating LNG technology solutions.
  • Delfin is the parent company of Delfin LNG LLC (Delfin LNG) and Avocet LNG LLC.

Rio Tinto and Turquoise Hill reach agreement in principle for Rio Tinto to acquire full ownership of Turquoise Hill for C$43 per share in cash

Retrieved on: 
Thursday, September 1, 2022
Mining, Minerals, Natural Resources, Partnership, Rio Tinto (corporation), UK, BMO Capital Markets, Credit Suisse, Australian Securities Exchange, Oliver Cromwell, Rio Tinto, Rothschild, Sullivan & Cromwell, LLP, Canada Business Corporations Act, Financial Conduct Authority, Capital Group Companies, TD, Suite, Tinto, Paul, Weiss, Rifkind, Wharton & Garrison, McCarthy, RBC Capital Markets, OT, Government, Rothschild & Co, Oyu Tolgoi mine, HOA, Canadian House of Commons Special Committee on Electoral Reform, Blake, Cassels & Graydon, Committee, Treaty of friendship and alliance between the Government of Mongolia and Tibet, Heads of Agreement, Hill, Transaction, Classification, TD Securities, Private Securities Litigation Reform Act, Arrangement, Efficiency, Iron ore, Mining, Property management, Pharmaceutical industry, Financial adviser, Audit, Turquoise Hill Resources

Rio Tinto and Turquoise Hill Resources Ltd. (Turquoise Hill) have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).

Key Points: 
  • Rio Tinto and Turquoise Hill Resources Ltd. (Turquoise Hill) have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).
  • The Transaction will require the approval of 66.67% of votes cast by shareholders of Turquoise Hill (including Rio Tinto) and the approval of a simple majority of the votes cast by minority shareholders of Turquoise Hill.
  • Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.
  • Rio Tinto also has anti-dilution rights that permit it to acquire additional securities of Turquoise Hill so as to maintain its proportionate equity interest in Turquoise Hill from time to time.

Proactive news headlines including Buru Energy, Hawsons Iron, Red River Resources and ioneer Ltd

Retrieved on: 
Thursday, June 30, 2022
Aris, CPH, GLOBE, ADR, BRU, Patent, KZIA, Bone marrow, PAR, OTCQB, HIO, VRC, Cardioprotection, IP Australia, Chugai Pharmaceutical Co., Time, Intention, OTC, COVID, INR, ASX, Proactivity, University, RAC, Nasdaq, APS, CPM, NASDAQ, Data cube, Mouse, BNL, Sale, Heads of Agreement, American depositary receipt, Polysaccharide, Sparkler, Oil, Rare-earth element, Renewable energy, Mining, HOA

Click here

Key Points: 
  • Click here
    Red River Resources Ltd (ASX:RVR) has received encouraging results from ongoing mineral resource delineation drilling at Liontown deposit, part of its Thalanga Operations in northern Queensland.
  • Click here
    Highfield Resources Ltd (ASX:HFR) is trading higher after reaching a pivotal point at its flagship Muga Potash Mine in Spain with initial construction activities underway.
  • Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.
  • For more information on how Proactive can help you make a difference, email us at [email protected]

Proactive news headlines including West Wits Mining, Archer Materials, Celsius Resources and Creso Pharma

Retrieved on: 
Monday, May 23, 2022
Well, Spend, Lithium, Copper, IBG, CLA, White Rock, BNL, CRR, OTCQB, YRL, Voyager, Gibsons, Nickel, OTCQX, EPM, JV, ASX, WBP, Sempra Metals Ltd v IRC, Silver, DAF, Coal Creek, GLOBE, Proactivity, APC, Aviation, Australian patent law, Program, IMU, LNS, WRM, MCB, CPH, Patent, Lead, Gold, OTC, Amax Potash Ltd v Saskatchewan, EMS, LIBS, Heads of Agreement, Memorandum of understanding, Technology, Cooper Basin, BLU, Renewable energy, Oil, Rare-earth element, Financial services, Mining, NSW, HOA, The Long canyon (quarry)

Click here

Key Points: 
  • Click here
    Imugene Ltd (ASX:IMU, OTC:IUGNF)s chairman says the company is as strong as it has ever been in its history despite challenges in the global biotech market.
  • Click here
    Proactive is a unique tech-enabled platform providing companies globally with a comprehensive investor engagement solution across their business lifecycle.
  • Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.
  • For more information on how Proactive can help you make a difference, email us at [email protected]