Ferrari announced the renewal of its partnership with VistaJet, the global private jet company. It continues as an Official Partner of the Scuderia’s Formula 1 team and will now also support Ferrari’s World Endurance Championship programme, running the 499P Hypercar. This is the fifth year of...
Africa Oil Corp. noted the press release by its investee company, Impact Oil & Gas Limited ("Impact"), regarding the imminent commencement of a multi-well appraisal and exploration drilling program in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56). Africa Oil holds...
CapeOmega and Neptune Energy today announced NoordKaap, a project concept for a cross-border CO₂ storage solution for industrial emitters across Europe. NoordKaap would involve transporting CO2 via vessels suitable for directly injecting the CO₂ at offshore locations and for terminal offloading. RWE has signed a...
Bell Textron has completed its first flight fueled solely by 100% sustainable aviation fuel (SAF) with its Bell 505 becoming the first-ever single engine helicopter to fly using 100% SAF. This milestone flight was achieved by a close cooperation between Bell, Safran Helicopter Engines, GKN...
Neste and Wizz Air have agreed on the supply of Neste MY Sustainable Aviation Fuel™ from 2025 onwards. The agreement gives Wizz Air the opportunity to purchase 36,000 tons of Neste-produced sustainable aviation fuel (SAF) per annum over a period of three years for the...
INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion. The deal marks INEOS Energy’s entry as operator into...
Brent Crude stood at $83.05/bl, OPEC basket price at US$81.94/bl. Oil prices is predicted to rise because of undersupply and a demand rebound, despite the U.S. interest rate hikes. China's oil imports is likely to hit a record high in 2023 and so is demand from...
A consortium led by zero-emission vessel provider ACUA Ocean in partnership with zero-emission infrastructure provider Unitrove has won a multi-million pound UK government grant in a major push to decarbonise the maritime sector. The “Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED)” consortium...
LOS ANGELES--(BUSINESS WIRE)--The American Water Charitable Foundation, a 501(c)(3) organization established by American Water, the largest publicly traded U.S. water and wastewater utility company, recently announced that PS Science has been awarded a...
FORT WORTH, Texas--(BUSINESS WIRE)--Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today the Bell 505 completed its first flight fueled solely by 100% Sustainable Aviation Fuel (SAF), marking the first-ever single engine helicopter to...
ORLANDO, Fla.--(BUSINESS WIRE)--ecoSPEARS announced today that it has secured an investment from Florida-based impact investors venVelo and Stirling Operations to scale its sustainable remediation technologies to eliminate “forever chemicals” from the ...
HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report fourth quarter and full year 2022 financial and operating results before the market opens for trading on March 7, 2023. Following the announcement, the Compa...