Energy
Diversified Energy Showcases Strong Q3 Performance with Focus on Production Growth and Environmental Initiatives
November 15, 2024 08:40 AM GMT| By Team Kalkine MediaHighlights:,Robust Production Growth,:,Diversified Energy achieved strong production results in Q3,,maintaining,momentum across its operations.,Methane Capture Expansion,:,New projects aimed at reducing methane emissions align with the company’s comm...
Ofgem Approves £2 Billion Investment for Eastern Green Link 1 Subsea Cable Project
November 15, 2024 08:15 AM GMT| By Team Kalkine MediaHighlights:,Subsea Cable Approval,:,Ofgem has approved a £2 billion funding package for the Eastern Green Link 1 (EGL1) subsea electricity cable.,Renewable Energy Capacity,:,The 196-kilometre cable will transport 2GW of wind power, capable of supplyi...
Deltic Energy Shares Insights on Selene Project as Development Moves Forward
November 15, 2024 07:07 AM GMT| By Team Kalkine MediaHighlights:,Selene Project Progress:,Deltic,Energy revealed economic details for the Selene gas project as it advances towards development.,Cost Efficiency Achieved:,Total drilling costs for the Selene well came,in,under budget at $48 million, shield...
IEA Forecasts Oil Surplus as Global Demand Falters Amid Economic Uncertainty
November 14, 2024 03:35 PM GMT| By Team Kalkine MediaHighlights:,Oil Glut Expected,: The International Energy Agency (IEA) projects global oil supply will exceed demand by over one million barrels per day in 2025.,Demand Drag,: Slowing economic growth in China and rising interest rates in the US are ke...
United Utilities Seeks to Address Environmental Issues with Major Sewer Upgrade Plan and Dividend Hike
November 14, 2024 08:45 AM GMT| By Team Kalkine MediaHighlights:,Dividend Increase:,United Utilities announced a 4.2% rise in its interim dividend, despite ongoing legal and environmental challenges.,Regulatory Negotiations:,The company is in discussions with Ofwat to secure funding for a significant s...
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...