AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Oil gas
Reabold Resources Gains 3.33% LNEnergy Stake After £510k Loan Conversion
October 24, 2024 09:12 PM AEDT| By Team Kalkine MediaHighlights:,Reabold Resources now holds a 3.33% stake in LNEnergy Limited following the conversion of £510,236 in loan notes.,LNEnergy holds a 20% stake in LNEnergy S.R.L., which has a 90% interest in the Colle Santo gas field concession in Italy.,Th...
Diversified Energy Company Secures Major LNG Supply Agreement to Enhance Global Energy Security
October 23, 2024 06:32 PM AEDT| By Team Kalkine MediaHighlights,Diversified Energy has secured a three-year contract to supply approximately 40 Bcf of natural gas to a Gulf Coast LNG facility, starting in November 2024.,The agreement aims to enhance global energy security amidst supply disruptions and...
Rabobank Warns UK of Increased Gas Price Volatility Risks Amid Coal Phaseout
October 23, 2024 01:50 PM AEDT| By Team Kalkine MediaHighlights:,UK and Italy face the highest power prices in Europe, with over 90% correlation to gas prices.,Gas accounted for 35% of the UK’s power mix in 2023, with no significant drop expected before 2030.,Renewable energy will lower prices when out...
Sunda Energy PLC Progresses on Chuditch PSC Amid Regional Expansion
October 22, 2024 06:45 PM AEDT| By Team Kalkine MediaHighlights:,Negotiations with Pacific LNG for project funding,are advancing following an exclusivity agreement.,Drilling for the Chuditch-2 well is set to begin,in the second quarter of 2025, delayed due to third-party activities.,Sunda Energy is pre...
Europa Oil & Gas Faces Legal Challenge Over Wressle Development Planning Consent
October 18, 2024 06:41 PM AEDT| By Team Kalkine MediaHighlights,North Lincolnshire Council will not contest a legal challenge against its decision to grant planning consent for the Wressle well site, following legal opinions related to Scope 3 greenhouse gas emissions.,The Wressle Joint Venture partner...
Gore Street Energy Storage Fund Secures Major Contract for California Asset
October 18, 2024 06:38 PM AEDT| By Team Kalkine MediaHighlights,Gore Street Energy Storage Fund's "Big Rock" asset secured a Resource Adequacy contract worth over $14 million annually, commencing in summer 2025.,The RA contract will provide up to 40% of the total expected revenue from the asset over it...
Europa Oil & Gas and Union Jack Oil Address Legal Speculation Over Wressle Well
October 17, 2024 10:26 PM AEDT| By Team Kalkine MediaHighlights:,Legal Challenge,: A potential legal challenge has emerged regarding the planning permission for the Wressle oil field site in North Lincolnshire.,Company Involvement,: Europa Oil & Gas holds a 30% interest, and Union Jack Oil holds a 40%...
Georgina Energy Upgrades Resources at Hussar Helium and Hydrogen Project
October 17, 2024 10:26 PM AEDT| By Team Kalkine MediaHighlights:,Resource Upgrade,: Georgina Energy has increased the recoverable resources at its Hussar project by 20%, with 185 billion cubic feet of helium and 205 billion cubic feet of hydrogen.,Drilling Plans,: A re-entry into the Hussar 1 Well is p...
Helium One Global Updates on Helium Development in the U.S. and Tanzania: ECMC Approves New Wells in Colorado
October 17, 2024 06:33 PM AEDT| By Team Kalkine MediaHighlights,The Colorado Energy and Carbon Management Commission (ECMC) has approved five new helium development wells at the Galactica-Pegasus project in Colorado.,Drilling at the Galactica Project is expected to begin in Q4 2024, pending final drill...
Good Energy Launches FIT REGO Boost Service for Small-Scale Solar Generators
October 16, 2024 11:10 PM AEDT| By Team Kalkine MediaKey Points:,Good Energy launches a new service enabling FIT microgenerators to register for Renewable Energy Guarantees of Origin (REGOs), enhancing their recognition and earning potential.,The new service simplifies the complex process of applying f...
Active Energy Receives £125,000 Zen Loan Amid Shareholder Decisions on Liquidation
October 15, 2024 06:21 PM AEDT| By Team Kalkine MediaKey Points:,Shareholders of Active Energy voted against proposals to cancel trading of shares and initiate liquidation during the general meeting.,The company secured a £125,000 interest-free loan from Zen Ventures to support ongoing audits and finan...
Rockhopper Exploration Secures Insurance for Arbitration Award and Exits Italian Assets
October 14, 2024 06:56 PM AEDT| By Team Kalkine MediaHighlights,Rockhopper Exploration has secured an insurance policy to protect its shareholders against potential losses related to the Ombrina Mare Arbitration Award.,The company has signed a share purchase agreement to sell its subsidiary, Rockhopper...
BP Shares Outlook for Third Quarter 2024, Rise in net Debt Expected by Quarter End
October 11, 2024 06:56 PM AEDT| By Team Kalkine MediaKey Points:,Production Stability,: BP expects upstream production to remain flat, with mixed impacts in gas and oil operations.,Financial Outlook,: The company anticipates higher net debt due to weaker refining margins and a delay in divestment proce...
Zephyr Energy to Drill Extended Lateral on Paradox Basin Well, Secures Funding Partner
October 10, 2024 09:11 PM AEDT| By Team Kalkine MediaHighlights:,Zephyr Energy has approved the drilling of an extended lateral on the State 36-2R well, with expected ultimate recoveries (EURs) of up to two million barrels of oil equivalent (boe), a substantial increase over its current configuration.,...
PetroTal Delivers Significant Production in Q3 2024, Despite Seasonal Challenges
October 08, 2024 06:42 PM AEDT| By Team Kalkine MediaPetroTal Corp. (TSX:TAL, LSE:PTAL, OTCQX:PTALF) has released its operational and financial update for the third quarter of 2024, highlighting a strong production performance despite the challenges posed by seasonal drought conditions in Peru. The Com...
Chevron Sells Athabasca Oil Sands Stake to Canadian Natural for $6.5bn
October 08, 2024 03:15 AM AEDT| By Team Kalkine MediaHighlights:,Chevron Exits Athabasca Oil Sands,: Chevron sold its 20% stake in AOSP to Canadian Natural for $6.5 billion, boosting the latter's total stake to 90%.,Increased Production Capacity,: The acquisition adds 62,500 barrels of synthetic crude...
Mast Energy Developments (LSE:MAST) Reports Record Revenue and Positive Cash Flow from Pyebridge Power Generation Asset
October 07, 2024 06:55 PM AEDT| By Team Kalkine MediaKey Points:,September 2024 preliminary revenue reached a record high of approximately £86,000 before Embedded Benefits.,Average gross profit margin for Q3 is around 56%, with electricity sales prices outperforming market expectations by 49%.,Pyebridg...
Petro Matad Provides Operational Update on Block XX Activities in Mongolia
October 07, 2024 06:45 PM AEDT| By Team Kalkine MediaKey Points:,Regulatory approvals allow Petro Matad to begin production at Heron-1 without requiring construction permits, with a startup expected in October.,The cooperation agreement for Block XIX facilities is in line with expectations and will be...
Good Energy Acquires Amelio Enterprises to Expand Solar Installation Capabilities
October 04, 2024 05:11 PM AEST| By Team Kalkine MediaKey Points:,Good Energy Group has acquired Amelio Enterprises Limited, a commercial solar installation company, for an initial cash consideration of £5.5 million, with potential deferred payments based on performance.,This acquisition enhances Good E...
Prospex Energy Secures Qualification for Hydrocarbon Licences in Poland
October 04, 2024 04:58 PM AEST| By Team Kalkine MediaKey Points:,Prospex Energy PLC has officially qualified to apply for hydrocarbon exploration licences in Poland, with applications expected by the end of October 2024.,The company’s strategy focuses on acquiring blocks with proven gas production and...
AI on the Rise: A Look at Top AI Companies and Their Stocks