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Energy
ATOME PLC Secures Key Contractor for World’s Largest Green Fertiliser Plant
November 14, 2024 08:36 AM GMT| By Team Kalkine MediaHighlights:,Key Contractor Appointed:,ATOME selects Casale as the engineering and construction partner for its Villeta project in Paraguay.,Significant Production Target:,The Villeta plant aims to produce 260,000 tonnes of calcium ammonium nitrate an...
NuScale Power Sees Stock Surge Amid Positive Research Coverage
November 12, 2024 05:28 PM PST| By Team Kalkine MediaHeadlines,NuScale Power sees a surge in stock price,Positive research coverage boosting investor outlook,Analyst sentiment remains mixed on stock,NuScale Power,(NYSE:SMR),experienced a notable price increase of 2.8% on a recent trading day, reaching...
Cold Snap to Hit UK as Renewable Energy Generation Falters Amid Milder Weather
November 13, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Arctic Air Set to Bring Colder Weather:,The UK Met Office warns of a cold snap next weekend, with the potential for snow on higher ground in the north.,Drop in Renewable Energy Output:,Calm and cloudy conditions have reduced renewable ene...
DCC PLC Focuses on Energy Growth, Plans Divestments to Streamline Business
November 12, 2024 04:45 PM GMT| By Team Kalkine MediaHighlights,Strategic Shift,: DCC PLC pivots focus to its energy business, planning to divest its healthcare and technology divisions by 2025.,Cash Returns to Shareholders,: Proceeds from the sales are expected to support strong shareholder returns wh...
Drax Group Projects Record Profits Amid Uncertainty Over UK Policy Framework
November 12, 2024 04:35 PM GMT| By Team Kalkine MediaHighlights:,Record Earnings Forecast,: Drax anticipates full-year profits at the upper end of analyst expectations, nearing £1 billion.,Call for Government Policy Clarity,: The company seeks clear frameworks from the UK government for future investme...
What Challenges Are Holding Back Atrato Onsite Energy's Profitability Growth?
November 12, 2024 10:41 AM GMT| By Team Kalkine MediaHighlights,Atrato Onsite Energy focuses on clean energy generation across the UK and Ireland, specializing in renewable infrastructure.,The company maintains a debt-free profile, with sufficient short-term assets to support its financial health despi...
Shell Faces Legal Hurdles Over North Sea Oil Development and Emission Reduction Targets
November 12, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Legal Challenges in the UK:,Shell faces lawsuits in Scotland seeking to overturn approvals for the Jackdaw and Rosebank North Sea oil and gas projects due to unaccounted emission impacts.,Appeal in the Netherlands:,Shell contests a 2021 r...
Genel Energy Optimises Cash Flow Amid Strong Operational Performance
November 12, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Cash Flow Focus,: Genel prioritizes optimizing cash flows and strengthening capital structure while exploring new asset acquisitions.,Debt Reduction,: The company slashed debt from $248 million to $66 million, boosting its net cash positi...
SSE to Report First-Half Results Amid Heightened Sector Scrutiny
November 08, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Sector Under Scrutiny:,Utilities like SSE are facing increased attention on environmental commitments, investments, and customer bills as inflation pressures persist.,Focus on Earnings Growth:,SSE targets a compound annual growth rate of...
Deltic Energy Announces Significant Gas Discovery at Selene Prospect in North Sea
November 08, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Promising Gas Discovery,: Deltic Energy's Selene prospect reveals substantial gas reserves in the southern North Sea.,Exceeded Drilling Expectations,: Drilling results surpassed initial projections, highlighting strong reservoir character...
Mendell Helium Partners with M3 Helium and Scout Energy for Low-Cost, High-Volume Production
November 06, 2024 09:35 PM GMT| By Team Kalkine MediaHighlights:,M3 Helium Secures Extensive Project in Kansas:,M3 Helium’s farm-in agreement with Scout Energy covers the prolific Hugoton gas field, envisioning up to 200 potential wells.,Favorable Financial Terms Ensure Low Operational Costs:,The agree...
Hydrogen Future Industries PLC Pushes Forward on Hydrogen Production Amid Challenges
November 06, 2024 09:26 PM GMT| By Team Kalkine MediaHighlights:,Leadership Change to Drive Project Progress:,Neil Ritson shifts to executive chair, aiming to steer project execution through current challenges.,Wind-Based Hydrogen System Delayed:,Prototype testing in Montana postponed due to equipment...
Empyrean Energy Plans Strategic Expansion with Fundraise and Cooper Basin Project
November 06, 2024 09:21 PM GMT| By Team Kalkine MediaHighlights:,£1.12 Million Fundraise Launched:,Empyrean Energy raises funds through a share placement and retail offer, marking a significant step in the company's strategic reboot.,New Australian Project on the Horizon:,The Wilson project in Australi...
Georgina Energy Advances Helium and Hydrogen Projects in Australia with Funded Drilling
November 06, 2024 07:35 AM GMT| By Team Kalkine MediaHighlights:,Drilling,Programme,Nearing Start,:,Georgina Energy’s Hussar project is set to begin drilling in December, fully funded from its recent listing.,Progress on Mt Winter Project,:,The Mt Winter site is advancing with seismic data reprocessing...
Coro Energy Expands Rooftop Solar Operations in Vietnam, Secures Additional Funding
November 06, 2024 07:30 AM GMT| By Team Kalkine MediaHighlights:,New Revenue from Solar Sites,:,Coro Energy's rooftop solar business in Vietnam is now generating revenue across 37 operational sites.,Expansion Underway,:,An,additional,50 solar sites are under construction, set to begin operations in Nov...
UK’s 2030 Net Zero Goals Demand Major Grid Expansion and Voluntary Power Cuts
November 05, 2024 02:34 PM GMT| By Team Kalkine MediaHighlights:,620 Miles of New Grid Lines Needed:,Britain must add over 620 miles of grid lines by 2030 to support its net zero targets, more than twice the total built in the last decade.,Voluntary Power Reductions Essential:,Increased public particip...
Gran Tierra Energy Inc (GTE) Discusses Strategic Acquisition During Q3 2024 Earnings Call
November 05, 2024 08:07 AM GMT| By Team Kalkine MediaHighlights:,Gran Tierra Energy Inc. (GTE) reports a decrease in oil sales by 9% due to lower prices and wider differentials.,The company’s recent acquisition of I Three Energy diversifies its assets and increases reserves, contributing to a rise in p...
Initial Output from Cascadura C Confirmed by Touchstone Exploration
November 04, 2024 07:10 AM GMT| By Team Kalkine MediaHighlights,Initial Production Commencement,: Touchstone Exploration Inc. has initiated production from the Cascadura C well pad, connecting vital infrastructure to enhance operational efficiency.,Expanded Processing Capacity,: The installation of a n...
Helix Exploration Pushes Forward with Montana Helium Projects as Catalysts Build for Year-End
November 03, 2024 11:42 PM GMT| By Team Kalkine MediaHighlights:,Dual Drilling Activity:,Helix is actively drilling the Darwin well at Rudyard and testing the Clink well at its flagship Ingomar Dome project.,Significant Share Gains Since IPO:,Helix shares have surged 125% since April, raising its AIM v...
Chevron Deal Boosts Challenger Energy’s Exploration Potential in Uruguay
October 29, 2024 11:39 AM GMT| By Team Kalkine MediaHighlights:,Challenger Energy secures $12.5 million and a major exploration partner in Chevron, leaving ample funding for future projects.,OFF-1 and OFF-3 exploration blocks in Uruguay position Challenger at the forefront of new potential hydrocarbon...
