Global sales of electric cars are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth and leading a major transformation of the auto industry that has implications for the energy sector, especially oil. The...
Motive Fuels regrets to announce that we will be closing our two London hydrogen refuelling stations at Rainham and Teddington on 26 May 2023. Since opening in 2016 the stations have served hydrogen cars around London. Following a recent review of our station performance we...
Sixty years ago on 7 May 1963, “Automobili Ferruccio Lamborghini S.a.s.” was founded. It was the initial name of an industrial venture that, starting from scratch, has revolutionized the automotive industry: it has created style icons, evolving to become today’s world-famous company “Automobili Lamborghini S.p.A.”...
The European Commission and the Italian Cassa Depositi e Prestiti (CDP) have allocated more than 100 million euro to Be Charge, a company wholly owned by Plenitude (Eni), for the construction of one of the largest high-speed charging networks in Europe by 2025. The transaction’s...
INEOS Inovyn has today announced investment in HELIOS, a 90,000 panel solar farm spanning 30 hectares, to provide renewable electricity exclusively to its site at Jemeppe-sur-Sambre, Belgium. Through an exclusive power purchase agreement, the solar farm will provide over 57,000 MWh of renewable electricity every year to the INEOS Inovyn site, from...
Turkish Petroleum (TPAO) has made the largest crude oil discovery onshore Turkey with a find estimated to hold 1 billion barrels of crude,in the exploration well Şehit Aybüke Yalçın-1 in the frontier Cudi-Gabar Area. the Turkish company said. The discovery was made in the southeastern province...
London, 05 May, 2023, (Oilandgaspress) : WTI for June delivery fell US$3.06 to settle at US$68.60 a barrel in New York. Brent for July settlement dropped US$2.99 to settle at US$72.33 a barrel. US Senate voted Wednesday to reinstate tariffs as high as 254% on solar...
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated: FIRST QUARTER HIGHLIGHTS Average production for the first quarter of 2023 was 3,194 BOEPD, an increase of 203% compared to first quarter of 2022 averag...
HONOLULU--(BUSINESS WIRE)--On May 4, 2023, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE-HE) declared a quarterly cash dividend of $0.36 per share, payable June 9, 2023, to shareholders of record at the close of business on M...
Reaffirming 2023 earnings guidance range of $2.82 - $2.96 First quarter 2023 GAAP earnings per share were $0.65 MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (G...
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"),...
Revenue: $189 million, a 22% year-over-year increase Net loss: $4 million and diluted EPS of negative $0.34 Adjusted EBITDA: $18 million, a 99% year-over-year increase HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today anno...