Oil gas

UK Oil and Gas PLC Raises £55,537 via Retail Offer

Highlights,Retail Offer success:,Raised £55,537 through 222.1 million new shares at 0.025 pence per share.,Separate from Placing:,The Retail Offer ope...

HydrogenOne Capital Growth Invests in Sunfire’s 50-MW Electrolyser C...

Highlights,New Contract:,Sunfire GmbH secures a 50-MW electrolyser contract with Ren-Gas for a hydrogen project in Finland.,Technology Leadership:,The...

Pantheon Resources Secures $2.6M via Share Placement to Manage Conve...

Highlights:,Share Placement Raises $2.6M:,Pantheon Resources issued 9.1 million shares to pay down convertible debt, raising $2.622 million.,Prudent G...

Tullow Oil Extends Credit Facility, Strengthens Financial Position

Highlights:,RCF Extended:,Tullow Oil extends its $250 million Revolving Credit Facility (RCF) to June 2025.,Optimized Facility Size:,The RCF was reduc...

UK Oil & Gas PLC Undertakes Equity Raise to Expand Hydrogen Storage...

Highlights:,£500,000 Equity Raise:,UK Oil & Gas PLC (LSE:UKOG) raises capital to acquire a hydrogen storage site in East Yorkshire and secure related...

Helium One Global Advances with New Drilling Approvals at Galactica-...

Highlights:,Drilling Approvals Granted:,Colorado’s ECMC has approved permits for five additional helium wells at the Galactica-Pegasus site.,Expansion...

Africa Oil Corp: Strong Q3 Performance and Strategic Moves Highlight...

Highlights:,Robust Financial Performance,:,Africa Oil Corp posted improved Q3 results, including strong cash flow and upgraded full-year forecasts.,Po...

UK and European Gas Prices Surge as Russian Supply Concerns Intensif...

Highlights:,Gas Prices Hit Near One-Year High:,UK and European gas prices soared after a major arbitration ruling, signaling potential supply disrupti...

Global Petroleum Shares Rally on Promising Aerial Survey Results at...

Highlights:,Positive Survey Data:,An airborne magnetic survey at Global Petroleum’s Juno project has revealed strong magnetic features, indicating pot...

Petro Matad Faces Setbacks at Heron Wells, Shares Drop 28%

Highlights:,Production Setback:,Higher-than-expected gas levels at the Heron-1 well have restricted oil flow rates significantly below prior test resu...

Plexus Holdings Expands Into Middle East with New Offshore Gas Explo...

Highlights:,New Contract Win,: Plexus Holdings to supply Exact exploration wellhead equipment for an offshore gas project in the Middle East, generati...

Kodal Minerals Advances Bougouni Lithium Project Toward Early 2025 P...

Highlights:,On Track for Production,: Kodal Minerals confirms Bougouni Lithium Project remains on schedule for first production in early 2025 within i...

SSE’s Half-Year Results Highlight Growth, Renewables Expansion, and...

Highlights,SSE posts solid earnings, boosts dividend amid robust growth.,Investments of £1.3 billion drive renewable energy and grid projects.,Major i...

Valeura Energy Sees 66% Production Increase, Completes Corporate Res...

Highlights,Nong Yao C field boosts production by 66%, exceeding expectations.,Q3 revenue reaches $139 million; adjusted EBITDAX at $71 million.,Record...

Why Is Empyrean Energy Pursuing a Major Capital Reorganization Now?

Highlights,Empyrean Energy plc announces a shareholder circular detailing a proposed fundraising and capital reorganisation.,New Ordinary Shares will...

Did Shell Just Set Back Global Climate Goals?

Highlights,Shell recently won an appeal overturning a 2021 ruling requiring a significant emissions reduction by 2030.,The Court of Appeal in the Neth...

Diversified Energy Reports Strong Q3 Results Amid Strategic Growth F...

Highlights:,Robust Financial Performance:,Diversified Energy achieved $102 million in operating cash flow and $115 million in adjusted EBITDA for Q3.,...

Kistos Invests in Spiralis Energy to Support Tidal Energy Innovation

Highlights,Kistos has committed £800,000 to Spiralis Energy Ltd, acquiring up to a 20% equity stake, including 10% equity and 10% warrants.,Spiralis E...

Mendell Helium Strengthens Position with New Well Acquisitions in Ka...

Highlights:,Strategic Expansion,:,M3 Helium Corp secures two,additional,producing wells in Kansas, boosting its production capacity.,Incremental Produ...

ITM Power Secures First Contract for NEPTUNE V Unit with Guttroff Gm...

Highlights,ITM Power has secured its first contract for a NEPTUNE V electrolyser unit with Guttroff GmbH.,NEPTUNE V, a 5MW containerized electrolyser,...