Strong financial results further validates solid execution of strategic initiatives to grow and drive stronger earnings power Revenue up 5% to a record $50.0 million reflecting strength in defense and refining; gross margin expanded 170 basis points...
Reaffirming 2024 non-GAAP adjusted EPS guidance Reaffirming 2023-2028 annual non-GAAP adjusted EPS growth of 6-8% MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common sharehol...
London, August 07, 2024, (Oilandgaspress) ––Glencore Plc has abandoned plans to spin off its coal unit just nine months after saying it would exit the profitable but polluting business, following discussions with its shareholders who pushed back against the move. Glencore’s announcement; Following completion of the...
HIGHLIGHTS NOG and SM Energy Company (“SM”) exercised option to jointly acquire additional Uinta Basin assets adjacent to the XCL Resources, LLC asset acquisition, which were previously owned by Altamont Energy LLC (the “Altamont Assets”) NOG to acq...
Hybrid and Gas Models Arrive to Agencies Nationwide The upgraded 2025 Ford Police Interceptor® Utility – part of America's best-selling police vehicle lineup1 – is on patrol, shipping to law enforcement agencies now, including the standard hybrid powertrain which can potentially help save agencies on ...
NEW YORK--(BUSINESS WIRE)--Standard Chartered announces the successful closing of a six-year USD235 million non-recourse senior secured term green loan facility to fund the development, construction, and operation of a 1.35 million square foot solar ph...
CALABANGA, Philippines--(BUSINESS WIRE)--Nexif Ratch Energy (NRE), a leading independent power producer focused on renewable energy solutions, is pleased to announce that the Calabanga Solar Project (CARE) located in Camarines Sur, South Luzon, Philipp...
London, 07 August, 2024, / (Oilandgaspress)/ –African Clean Energy Developments (ACED) has placed a 144 MW order for the Khangela Emoyeni wind farm, to be located in Western Cape, South Africa. The contract includes the supply and installation of 32 V163-4.5 MW wind turbines, as...
London, 07 August, 2024, / (Oilandgaspress)/ –ADNOC announced the signing of a long-term Heads of Agreement (LNG agreement) with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural...
London, 07 August, 2024, / (Oilandgaspress)/ –Aramco has signed a definitive agreement to acquire an additional stake of approximately 22.5% in Rabigh Refining and Petrochemical Co. (“Petro Rabigh”), the refining and petrochemical complex located on the Kingdom of Saudi Arabia’s west coast, from Sumitomo Chemical...
QIA to become one of TechMet’s largest investors, with an investment commitment of $180m, adding to existing investments from the U.S. International Development Finance Corporation (“DFC”) and S2G Ventures The investment sees TechMet reach its $300m...
TOKYO--(BUSINESS WIRE)--Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shunichi Kito; hereinafter referred to as “Idemitsu”) has developed a new engine oil, IDEMITSU IFG Plantech...