Oil gas

Petrofac Secures Future with $325 Million Injection and Debt-to-Equi...

Highlights:,$325 Million New Funding Secured:,Petrofac finalizes financial restructuring with significant new investment and debt-to-equity conversion...

Helium One Advances Drilling Preparations at Galactica Project in Co...

Highlights:,Drilling Scheduled for January 2025:,Helium One will begin drilling at Jackson #31, with operations at Jackson #04 to follow.,Site Prepara...

Zephyr Energy Secures Rig Contract for Paradox Basin Extended Latera...

Highlights:,Rig Secured for Key Well:,Zephyr Energy PLC (LSE:ZPHR) contracts Nabors Drilling USA's B29 rig for its Paradox Basin project in Utah.,Sign...

Helium One Global Announces Drilling Update for Galactica-Pegasus Pr...

Highlights,Drilling Set to Begin:,Drilling at Jackson #31 to commence in January 2025, followed by Jackson #04.,Progress on Site Preparation:,Work beg...

Petrofac Enters Binding Agreement for Major Restructuring

Highlights,Comprehensive Restructuring:,Petrofac enters a binding agreement for a restructuring plan, including $325 million in new funding and $772 m...

Hummingbird Resources Updates on Kouroussa and Yanfolila Operations,...

Highlights,Kouroussa Gold Mine:,Struggles to meet production forecasts, with $11.2 million less revenue expected in December.,Yanfolila Gold Mine:,Con...

Zephyr Energy Secures Rig Contract for Paradox Basin Extended Latera...

Highlights,Rig Contract:,Zephyr Energy has signed a contract with Nabors Drilling USA to use its B29 rig for drilling an extended lateral from the Sta...

Mendell Helium Provides Update on M3 Helium Operations in Kansas

Highlights,Nilson well production has increased to 127 Mcf/day.,Preliminary funding interest has been received from local oil & gas companies.,Deferre...

Indus Gas Reports Fall in Revenue, PBT and operating Profit in Six-M...

Highlights:,Revenue Decline:,Indus Gas reports a significant drop in revenues, operating profit, and profit before tax for the interim period.,Gas Sup...

ITM Power Secures Key Role in 50MW Green Hydrogen Project in Europe

Highlights:,Major Green Hydrogen Project:,ITM Power awarded a FEED contract for a 50MW green hydrogen plant in the EU, set to produce 5,000 tonnes of...

Mosman Oil and Gas Secures Tribal Approval for Colorado Helium Explo...

Highlights:,Mosman Oil and Gas secures Tribal Council approval to lease 4,320 acres in Colorado’s Four Corners region for helium exploration.,The agre...

John Wood Group Secures Major Contract for Sustainable Fuel Producti...

Highlights:,John Wood Group awarded engineering, procurement, and construction management (EPCm) contract for OMV Petrom's Petrobrazi refinery upgrade...

Zenith Energy Reports Revenue Decline in 1H2024 Due to Lower Oil Pro...

Highlights,Revenue Decline:,Zenith Energy reported revenues of CAD$911k for the six months ended September 30, 2024, a decrease from CAD$1,362k in 202...

Quadrise Advances Clean Fuel Solutions with Panama Power Plant Trial

Highlights:,Fuel Testing Initiative:,Quadrise to test its MSAR® and bioMSAR™ fuels at Sparkle Power's El Giral 50MW power plant in Panama.,Environment...

Helium One Delays Drilling at Galactica-Pegasus Project Amid Severe...

Highlights:,Drilling suspended due to severe weather:,Adverse conditions at Colorado’s Galactica-Pegasus site delay operations until mid-January.,No i...

Touchstone Exploration Inc. (TSX, LSE: TXP) Announces Acquisition of...

Highlights,Touchstone secures acquisition of Shell Trinidad Central Block assets for $23 million.,Acquisition offers access to Atlantic LNG and increa...

Sunda Energy Advances Timor-Leste Gas Development with Government Co...

Highlights:,Sunda Energy signs a Memorandum of Understanding with Timor-Leste for potential development of Chuditch gas resources.,Plans include pipel...

Helix Exploration Announces Significant Helium Discovery at Rudyard...

Highlights:,Helix Exploration’s Darwin #1 well at Rudyard logs commercial helium flow rates of 2,750 Mcf/d.,The project’s low capital requirements pos...

Centrica Provides Update on 2024 Performance and Announces Share Buy...

Highlights,Centrica expects 2024 full-year earnings per share in line with analyst consensus.,The company announces a £300 million extension to its sh...

Pantheon Resources plc (AIM: PANR, OTCQX: PTHRF) Announces Megrez-1...

Highlights,Megrez-1 well hits a large light liquids hydrocarbon column in Ahpun field, Alaska.,Operations completed on time and within budget, with co...