Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in Ukraine and in the Middle East. Markets now question when oil will hit $100!!. FOB Singapore jet fuel/kerosene cargo breached the $100/b mark for the first time in more than...
The Saudi Arabian Oil Company (“Aramco” ) announced the signing of one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities, which aim to advance its downstream strategy and support development of low-carbon energy solutions, while creating new financing options for the...
VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce assay results from one diamond drill hole designed to expand the high-grade gold mineralization at the G...
HOUSTON & OSLO, Norway--(BUSINESS WIRE)--Honeywell (NASDAQ: HON) and FREYR Battery (NYSE: FREY) today announced they have signed an agreement pursuant to which FREYR will, subject to viability, leverage Honeywell’s leading technology offerings, includi...
Repsol and Uber have signed a strategic agreement to accelerate the transition of Uber drivers to electric mobility in Spain. In this way, Repsol becomes the preferred energy supplier for Spanish Uber drivers of VTC vehicles and cabs that are 100% electric and plug-in hybrids. Uber...
TechnipFMC and Magnora ASA (Magnora) announced that their partnership, Magnora Offshore Wind AS, has been offered the opportunity to enter into an Option Agreement for the N3 area by the Crown Estate Scotland in the ScotWind leasing round. The planned development will have a total...
Eni and the United Nations Educational, Scientific, and Cultural Organization (UNESCO) have signed a four-year Memorandum of Understanding (MoU) in Mexico to identify potential joint project initiatives that will contribute to boost the sustainable development of the local economy through economic diversification, protection of natural...
Eni, through Vår Energi, jointly owned by Eni (69,85%) and by HitecVision (30,15%), will participate in a total of 10 new licenses as a result of the “Awards in Predefined Areas 2021” (APA) by the Ministry of Petroleum and Energy of Norway (MPE). Vår Energi...
Woodside Energy Trading Singapore Pte Ltd (Woodside) has signed a heads of agreement (HOA) with Commonwealth LNG (Commonwealth) to negotiate a sale and purchase agreement for the supply of LNG from the proposed Commonwealth LNG development in Cameron, Louisiana.The HOA contemplates the purchase by Woodside...
On the heels of a Series B fundraise, Calgary-based technology company announces project to develop and demonstrate an alternative to traditional Phase Behaviour Measurement devices for the global energy industry CALGARY, Alberta--(BUSINESS WIRE)--Two...
PHOENIX--(BUSINESS WIRE)--Arizonans have moved closer to having the power to choose clean, renewable energy for their homes and businesses. Green Mountain Energy (GME) has entered into a Letter of Intent (LOI) with Sawtooth DevCo, LLC to provide locall...
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) announced a 12.5% increase in its monthly distributions to $0.09 per share beginning in March and payable on the dates noted below. This distribution fall...