Equinor has, on behalf of the Snøhvit partnership, awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract is subject to governmental approval of the project. Aibel has been awarded an EPCI contract that involves engineering, procurement, construction...
Energean confirmed the first ever lifting of an Israeli crude oil cargo has taken place at the Company’s Karish field. For the first time in the history of Israeli oil & gas production,hydrocarbon liquids will be exported to global markets. Utilising the regionally unique...
Ford in Europe today announced it is taking the next steps in the transformation of its business, responding to rapidly changing market conditions and a growing field of electric vehicle competitors entering the market. The company today outlined actions that will revitalize its business in...
Ford announced it is investing $3.5 billion to build the country’s first automaker-backed LFP battery plant, offering customers a second battery technology within Ford’s EV lineup. This plant – called BlueOval Battery Park Michigan – initially will employ 2,500 people when production of LFP batteries...
Tullow Oil plc (Tullow) announces that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA).The assessments relate to the disallowance of loan interest...
Seaway 7 ASA today announced that it has been awarded a large(1) contract for an undisclosed offshore wind farm project.The scope includes the transport and installation of inner-array and export power cables and respective cable protection systems. Operations on the project are expected to commence...
Neste, Uponor, Wastewise and Borealis have successfully produced pipes made of cross-linked polyethylene (PEX) which was based on feedstock gained from chemically recycled post-industrial waste plastic from PEX pipe production, using an ISCC PLUS certified mass-balancing approach. The partner companies believe this project is among...
Neste's Engineering Solutions, a global solution provider of high-quality technology, engineering and project services, has completed the construction work of the 2.2 km long gas transmission pipeline from the port of the liquefied natural gas (LNG) floating terminal vessel in Inkoo Finland deep harbor area,...
OPEC daily basket price at US$84.23/bl, WTI Crude stood at $79.29/bl, Crude prices inches up.wards The annual general meeting of Ørsted A/S will be held on Tuesday, 7 March 2023, at 10:00 CET. The meeting will be held at Bella Sky Conference & Event, Center Boulevard...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and year ended December 31, 2022. 2022 SUMMARY (in millions, except per share amounts) Q4 2022 Q4 2021 ...
Third Quarter Revenues of $19.6M; Fiscal 2023 Year-to-Date Revenues up 9.5%, $59.0M Compared to $53.9M in Fiscal Year 2022 Third Quarter Net Loss is $5.2M; Adjusted EBITDA Loss of $1.7M Improved 43% Year-over-Year; Fiscal Year 2023 Year-to-Date Adjus...
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that on February 10, 2023, the Board of Directors declared a quarterly cash dividend of $3.25 per share, payable on March 15, 2023 to stockhold...