Occidental (NYSE: OXY) and its subsidiary 1PointFive and King Ranch, a privately-held agricultural production and resource management company, today announced a lease agreement to support large-scale Direct Air Capture (DAC) projects for dedicated carbon dioxide (CO2) sequestration on 106,000 acres in Kleberg County, Texas. The...
Neptune Energy today announced it has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), in recognition of its ambitious plans to reduce methane emissions to net zero by the end of this decade. The Gold Standard award was provided by the Oil...
Woodside Energy (Woodside) and the Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding (MOU) aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.Woodside Chief Executive Officer, Meg O’Neill, and JBIC Deputy Governor,...
Underlying replacement cost profit* $8.2 billion• Underlying replacement cost profit was $8.2 billion, compared with $8.5 billion for the previous quarter. Compared to the second quarter, the result was impacted by weaker refining margins, an average oil trading result and lower liquids realizations, partly offset...
MUMBAI, India--(BUSINESS WIRE)--Black & Veatch, a leading global provider of critical human infrastructure solutions, has named Ruturaj Govilkar as Country Manager and Managing Director, India, to steer the company’s growth. He will oversee all asp...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2022 results. President and Chief Executive Officer Anton Dibowitz said, “During the third quarter, we continued to deliver stron...
Opposition’s scary tactics aim to confuse residents with misinformation MONTEREY, Calif.--(BUSINESS WIRE)--This Halloween, don’t let opponents of the Monterey Peninsula Water Supply Project (MPWSP) scare you with their trickery and spooky stories. Ins...
Grant will provide fiber broadband service and wireless broadband access to households, businesses, educational facilities, community facilities, and local emergency services in rural New Mexico TAOS, N.M--(BUSINESS WIRE)--Kit Carson Electric Cooperat...
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to purchase for cancellation up to $1,500,000,000 of i...
Directors David Trice and Robert Evans Announce Retirement WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Michael O’Sullivan, former senior vice president of Developmen...
Board of Directors Declares Quarterly Dividend of $0.4125 per Share FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2022. SUMMARY Compared to the quart...
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest ...