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Published on Dec 12, 2024

Galp Spuds Another Well Offshore Namibia

Dec 12, 2024 Santorini drillship (Credit: Saipem) Galp and its partners have spudded another well in the Orange Basin, off Namibia, following the discovery of light oil and gas condensate in an appraisal well announced earlier in December. After the …

Source: Offshore Engineer News - Neutral
Published on Dec 12, 2024

Beacon Offshore Hires Subsea7 for US Gulf of Mexico Deepwater Job

Dec 12, 2024 (Credit: Subsea7) Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico. The project involves the installation of a high-pressure …

Source: Offshore Engineer News - Neutral
Published on Dec 12, 2024

New oil discovery boosts Barents Sea potential with 20 more wells on the drilling horizon

Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm believes the new find has unlocked further potential in the area, it plans to drill 20 …

Source: Offshore Energy - Neutral
Published on Dec 12, 2024

First Helium Licenses First of Two Wells Targeting Leduc Light Oil at Worsley

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced receipt of regulatory licensing approval to proceed with the drilling of its proven undeveloped …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on Dec 12, 2024

Alaska outraged at federal oil lease sale setup being 'fitting finale' for fossil fuel-averse presidency

Alaska Gov. Mike Dunleavy says the U.S. is not ready to make the leap from fossil fuels to green energy and says domestic oil will be cleaner than foreign. Multiple top Alaskan officials are expressing outrage at the way the Biden administration is …

Source: Fox News - Right-wing
Published on Dec 12, 2024

ADX ramps up Austrian oil with additional 70 barrels per day

ADX Energy has kicked off production at its latest well in Upper Austria, pumping out a further 70 barrels per day to lift total daily output at the company’s Anshof oil field to 170 barrels. It follows the discovery in September of a 6.5m vertical oil …

Source: The West Australian - Center-right
Published on Dec 12, 2024

Four new petroleum leases expand 88 Energy Alaska footprint

88 Energy has reinforced its position on Alaska’s North Slope after securing four new, highly promising petroleum leases adjoining 10 blocks it already holds at its Project Leonis grounds, increasing the landholding by 30 per cent to 144 square kilometres. …

Source: The West Australian - Center-right
Published on Dec 12, 2024

Egypt's cabinet approves oil, natural gas exploration agreements in key concessions

Egypt - The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies, as per a statement. These …

Source: Zawya - Uncategorized
Published on Dec 12, 2024

Oil, gas sector seen attracting new investments in 2025

Oil and gas investments may attract more investments in 2025, according to experts. Foreign Direct Investments (FDIs) into Nigeria rose by 248 percent in the third quarter of 2024 to $103.82 million, but this still remains too low to engender growth needed …

Source: Business Day - Neutral
Published on Dec 11, 2024

Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement; 2024 Gold Mineral Reserves Increased to ...

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) today releases its updated Mineral Reserve and Mineral Resource (“MRMR”) estimates as of September 30, 2024. “Our updated Mineral …

Distribution channels: Environment, Mining Industry ...
Published on Dec 12, 2024

TSX Closes Moderately Higher As Resources, Technology Stocks Post Strong Gains

The Canadian market closed on a firm note on Wednesday, lifted by gains in materials, energy and technology sectors. The Bank of Canada's decision to lower interest rates by 50 basis points, and expectations of a 25 bps cut by the Federal Reserve next …

Source: RTTNews - Neutral
Published on Dec 11, 2024

Petrobras signs US$800 million contract with SLB for services in offshore fields

Petrobras recently increased the amount it plans to invest in exploration and production, (Image: Agência Petrobras) THE Petrobras (PETR4) signed an US$800 million contract with oil sector supplier SLB for integrated services across all offshore fields …

Source: Global Happenings - Neutral
Published on Dec 11, 2024

Petrobras’ $800M Offshore Deal: 100 New Wells Set to Boost Brazil’s Oil Output

Brazil’s oil giant Petrobras has struck a strategic $800 million deal with technology provider SLB, marking a significant shift in South America’s energy landscape. The contract targets the construction of 100 deepwater wells across Brazil’s richest …

Source: The Rio Times - Neutral
Published on Dec 11, 2024

OPEC's oil demand cut offers 'depressing' view on space: Expert

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State …

Source: Yahoo Finance - Label Pending
Published on Dec 11, 2024

ExxonMobil to increase oil and gas output by 18% by 2030

ExxonMobil has announced plans to increase its oil and gas output by 18% by 2030, with a focus on expanding its operations in the US and Guyana. The plan includes raising annual project spending to between $28bn and $33bn from 2026 to 2030, according to a …

Source: Offshore Technology - Neutral
Published on Dec 11, 2024

The Importance of Tokenization in the Gas and Oil Industry

For many years, the oil and gas sector has been vital to expanding and modernising economies worldwide. Still, its traditional banking and operating systems could limit efficiency, liquidity, accessibility, and transparency. The revolutionary idea of …

Source: Programming Insider - Neutral
Published on Dec 11, 2024

Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update

CALGARY, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have executed agreements whereby Parex will earn a 50% …

Distribution channels: Companies, Media, Advertising & PR ...
Published on Dec 13, 2024

Trump’s first hostile move will come at Canada’s northwest border with the U.S.

The Justin Trudeau government has re-discovered the North. Last week, on December 6, Global Affairs minister Melanie Joly unveiled Canada’s new Arctic Foreign Policy. Perhaps surprisingly, the new policy’s focus is not on the Arctic’s climate-change- …

Source: Rabble.ca - Left-wing
Published on Dec 11, 2024

Cabinet Issues Permit for Oil, Gas Exploration in Black Sea to Shell

The Council of Ministers has decided to grant permission for oil and gas exploration in the Black Sea, caretaker Minister of Energy Vladimir Malinov said during a Cabinet briefing here on Wednesday. The permit was granted to Shell Exploration & …

Source: Bulgarian News Agency - Label Pending

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Published on December 13, 2024 - 11:08 GMT

Wireless Gas Detection Market Size to Hit US$ 2.6 Billion by 2031 | TMR

Wireless Gas Detection Market is expected to surpass the value of US$ 2.6 Bn by 2031, expanding at a CAGR of 5.2%. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The wireless gas detection market has gained significant …

Distribution channels: Manufacturing ...
Published on December 13, 2024 - 07:02 GMT

Oil Spill Management Market Growth to Exceed USD 139.4 Billion by 2027 | Transparency Market Research

The global oil spill management market is projected to rise at a CAGR of 3.1% and to reach US$ 139.4 Bn by the end of the forecast period 2019 to 2027. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global oil …

Distribution channels: Chemical Industry ...

Published on December 13, 2024 - 05:14 GMT

Gas Turbine Market Estimate to Hit $25.4 Billion by 2030

Global Gas Turbine Market projected to grow at a CAGR of 3.3% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global gas turbine …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 01:48 GMT

Liquefied Petroleum Gas Market Estimation Worth USD 243.4 Billion by 2030

Global Liquefied Petroleum Gas (LPG) Market projected to grow at a CAGR of 6.5% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the …

Distribution channels: Business & Economy, Energy Industry ...

Published on December 12, 2024 - 09:39 GMT

Oil and Gas Gasket Market Projected to Reach $1.71 Billion by 2034, Growing at a 2.8% CAGR, Says Fact.MR

Oil and Gas Gaskets Proving to be Very Helpful in Industrial Pipeline Connections Leading to Steady Market Growth ROCKVILLE, MD, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- As analyzed in the recently updated report by Fact.MR, a …

Distribution channels: Business & Economy ...
Published on December 13, 2024 - 21:45 GMT

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 15:38 GMT

Hydrogen Compressor Market to Generate $3,321.1 Million by 2032 | The Future That Works

Hydrogen Compressor Market to Generate $3,321.1 Million by 2032 | The Future That Works NEW CASTLE, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The growth in the oil and gas sector drives the hydrogen compressor market. On the …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on December 13, 2024 - 14:41 GMT

The Future of Phosphonates Market: Emerging Trends and Growth Projections, 2031

The global phosphonates market is projected to reach $1.6 billion by 2031, growing at a CAGR of 5.98% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global phosphonates industry generated $0.9 …

Distribution channels: Healthcare & Pharmaceuticals Industry, Waste Management ...

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Published on December 13, 2024 - 23:30 GMT

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:15 GMT

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:00 GMT

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:45 GMT

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:30 GMT

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:15 GMT

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:03 GMT

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 21:45 GMT

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:30 GMT

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:15 GMT

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 18:50 GMT

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 17:29 GMT

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on December 13, 2024 - 17:16 GMT

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Distribution channels: Companies, Energy Industry ...
Published on December 13, 2024 - 16:00 GMT

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

Distribution channels: Energy Industry, Gifts, Games & Hobbies ...
Published on December 13, 2024 - 15:22 GMT

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

Distribution channels: Automotive Industry, Energy Industry ...
Published on December 13, 2024 - 15:15 GMT

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

Distribution channels: Automotive Industry, Consumer Goods ...
Published on December 13, 2024 - 15:15 GMT

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

Distribution channels: Automotive Industry, Consumer Goods ...
Published on December 13, 2024 - 14:57 GMT

Belgian software company Itineris accelerates expansion in the U.S.

3 contracts signed, including one with the City of Dallas, the ninth largest city in the country. BELGIUM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Ghent, Belgium & Atlanta, U.S. – Itineris, a global leader in innovative SaaS solutions for …

Distribution channels: Companies, Energy Industry ...
Published on December 14, 2024 - 02:46 GMT

Solar Alliance shareholders approve all resolutions at Annual General Meeting

TORONTO and KNOXVILLE, Tenn., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 14:44 GMT

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans. SYDNEY, AUSTRALIA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In the spirit of giving, Econnex has announced that it is on the mission to # …

Distribution channels: Business & Economy, Electronics Industry ...