Oil gas
ITM Power Signs 100MW REFHYNE II Contract to Supply Green Hydrogen to Shell's German Refinery
August 13, 2024 11:46 AM BST| By Team Kalkine MediaITM Power PLC,(LSE:ITM) has announced the signing of a major contract for the,REFHYNE II,project, marking a significant step in the expansion of green hydrogen production in Europe. Following Shell’s positive Final Investment Decision (FID), the comp...
Global Petroleum Stock Rises Sharply Ahead of Namibia Deal
August 13, 2024 09:40 AM BST| By Team Kalkine MediaGlobal Petroleum Ltd, operating in the,oil and gas sector,, has seen a notable increase in its share price, rising by 60% amid growing interest in its PEL 94 licence located in the Walvis Basin, offshore Namibia.,Potential Farm-In Agreement,The surge...
Pantheon Resources Secures Rig for Upcoming Oil and Gas Project
August 13, 2024 09:39 AM BST| By Team Kalkine MediaPantheon Resources PLC, a company engaged in,Oil and Gas sector,, has announced the acquisition of the Nabors 105AC rig for the drilling of its Megrez-1 well, scheduled for the fourth quarter of 2024. This development marks a significant step in the...
Chariot Stays Key Player in Moroccan Gas Market Amid Target Change
August 13, 2024 09:38 AM BST| By Team Kalkine MediaChariot Ltd, a key player in the,Oil&Gas sector,, continues to be highlighted for its potential in Moroccan gas markets, according to Panmure Liberum. The brokerage has revised its price target for Chariot to 32 pence from the previous 39 pence, refl...
Sunda Energy Updates on Chuditch PSC Developments and Appoints New Board Director
August 12, 2024 12:01 PM BST| By Team Kalkine MediaSunda Energy Plc (LSE:SNDA) has announced significant developments regarding its operations and funding strategies related to the TL-SO-19-16 Production Sharing Contract (the "Chuditch PSC") in Timor-Leste. The Company has also made a notable additio...
Thor Energy Secures Approvals for Drilling at Wedding Bell and Radium Mountain Projects
August 12, 2024 11:50 AM BST| By Team Kalkine MediaThor Energy Plc (LSE:THR, OTCQB: THORF) has announced that it has received all necessary approvals and permits to commence drilling at its 100% owned Wedding Bell and Radium Mountain Projects, located in southwest Colorado, USA.,Project Approvals and...
DORE Announces Significant Contract Renegotiations and New Revenue Streams
August 12, 2024 11:37 AM BST| By Team Kalkine MediaDowning Renewables & Infrastructure Trust plc (LSE:DORE) has provided an update on recent developments that underscore its commitment to enhancing revenue streams and expanding its renewable energy portfolio. The Company has successfully renegotiated...
Chariot's Open Offer Oversubscribed by 197%, Raising $2 Million
August 12, 2024 11:03 AM BST| By Team Kalkine MediaChariot Limited (LSE:CHAR), an African-focused transitional energy company, has announced the results of its Open Offer following the Fundraising initiative unveiled on July 19, 2024. The Open Offer, aimed at raising funds to support the company’s gr...
Zenith Energy Reports Progress on Tunisian Oil Operations
August 12, 2024 10:49 AM BST| By Team Kalkine MediaZenith Energy Ltd. (LSE:ZEN; OSE: ZENA; OTCQB: ZENAF), a leading international energy production and development company, has provided an important update on its onshore oil production activities in Tunisia. The update focuses on the company's operat...
Chariot Secures £1.5 Million in Oversubscribed Share Sale
August 12, 2024 12:00 AM BST| By Team Kalkine MediaChariot Ltd, an,Oil and gas sector,, has announced a successful share sale that significantly exceeded expectations. The company received nearly double the demand for its recent share offering, raising £1.5 million.,During its latest open offer, Char...
Bowleven Announces Proposed Cancellation of AIM Listing and Re-registration as a Private Company
August 09, 2024 11:39 AM BST| By Team Kalkine MediaBowleven (LSE:BLVN), an Africa-focused oil and gas exploration and production company, has announced plans to delist its ordinary shares from the AIM market, re-register as a private limited company, and adopt new articles of association. The propose...
TRIG Delivers Resilient Performance in H1 2024 Amid Modest Valuation Decline
August 09, 2024 11:36 AM BST| By Team Kalkine MediaThe Renewables Infrastructure Group Limited (LSE:TRIG), a London-listed investment company, has released its interim results for the six months ended 30 June 2024, highlighting steady cash generation and a slight decline in valuation due to external...
UK Oil and Gas Announces Conditional Retail Offer and Upcoming Admission
August 08, 2024 11:10 AM BST| By Team Kalkine MediaUK Oil and Gas PLC (AIM:UKOG) has today unveiled details of a substantial conditional fundraising initiative. Following its recent announcement on 5 August 2024, the Company has raised approximately £248,204 (before expenses) through the conditional...
Harbour Energy Meets Expectations in 1H 2024, Improves Production Outlook
August 08, 2024 11:04 AM BST| By Team Kalkine MediaHarbour Energy plc (LSE:HBR) has released its unaudited results for the first half of 2024, showcasing steady operational performance and financial stability despite a slight dip in production volumes. For the six months ended 30 June 2024, the compa...
Valeura Energy revised production guidance, reaffirms operational expenses guidance
August 08, 2024 09:17 AM BST| By Team Kalkine MediaValeura Energy Inc. (TSX:VLE) has released its unaudited financial and operating results for the three and six-month periods ending June 30, 2024. The company has reported robust performance indicators, showcasing its strong operational and financial...
EARNZ Expands with Strategic Acquisitions and £4 Million Fundraising
August 08, 2024 09:11 AM BST| By Team Kalkine MediaEARNZ plc (AIM:EARN), has announced significant strides in its acquisition strategy within the energy services sector. EARNZ Holdings Limited (EHL), a wholly-owned subsidiary of EARNZ, has conditionally agreed to acquire the entire issued share capit...
Mosman Shares Rise After Northern Territory Permit Extension
August 08, 2024 09:09 AM BST| By Team Kalkine MediaMosman Oil and Gas Ltd, a company in the,Oil and Gas sector,, experienced an uptick in its share price following the announcement of an extension for its EP145 Permit by the Northern Territory Government in Australia. The new permit term extends unti...
Helium One Climbs as Itumbula Well Shows High Gas Levels
August 07, 2024 02:20 PM BST| By Team Kalkine MediaHelium One Global Ltd, operating in the,Oil & Gas sector,, has reported significant progress at its Itumbula West-1 (ITW-1) well, deepening it by an additional 168 meters into the fractured Basement. The well has now reached a new total depth of 1,12...
VAALCO Energy Reports Second Quarter 2024 Results and Strategic Acquisition
August 07, 2024 12:50 PM BST| By Team Kalkine MediaVAALCO Energy, Inc.,(LSE:EGY) has announced its operational and financial results for the second quarter of 2024, highlighting significant achievements and strategic moves.,Strategic Acquisition and Reserves Update,In a notable development, VAALCO co...
Cindrigo Holdings Expects Recent Acquisition to Generate €10mn EBITDA
August 06, 2024 11:14 AM BST| By Team Kalkine MediaCindrigo Holdings Limited, a developer of clean baseload energy solutions, has released its unaudited interim results for the six-month period ended 30 June 2024.,Strategic Acquisitions and Shifts,The Company has made significant progress in its expa...