The offshore drilling platform Berkut is one of the largest in the world. This is a huge fully autonomous plant on giant reinforced concrete piles, which not only drills new wells, but also extracts several thousand tons of oil every day from a huge depth....
London, December 04, 2024 (Oilandgaspress) –- Oil prices up early on Tuesday morning ahead of the latest OPEC+ meeting as members of the group reportedly aligned behind plans to extend production cuts into 2025. Renewable Power Capital (RPC) has closed a long-term operational refinancing package exceeding...
London, December 04, 2024, (Oilandgaspress) ––– EnerVenue, a company pioneering the commercial deployment of high-efficiency metal-hydrogen batteries capable of more than 30,000 cycles, today announced that RWE, a leading global energy company, has purchased EnerVenue Energy Storage Vessels (ESVs) for performance testing in a renewable...
London, December 04, 2024, (Oilandgaspress) ––– Hyundai Motor Company unveiled its IONIQ 9 all-electric SUV at the iconic Goldstein House in Beverly Hills, California ahead of the Los Angeles Auto Show. IONIQ 9 is Hyundai Motor’s first large, three-row electric SUV and is the third...
London, December 04, 2024, (Oilandgaspress) ––– Africa Oil Corp. announced that the Toronto Stock Exchange (the "TSX") has approved the Company's proposed normal course issuer bid (referred to as a share buy-back program in Europe) (the "NCIB").Pursuant to the NCIB, Africa Oil is authorized to...
London, December 04, 2024, (Oilandgaspress) ––– After more than 20 years in the company, Hans Martin Smith has decided to step down as Chief Financial Officer (CFO) by end of 2024; a role he has held since 1 March 2022. Hans Martin Smith leaves the...
London, December 04, 2024, (Oilandgaspress) ––– Kent announced it has been awarded a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). This contract includes options for two additional 2-year extensions and positions Kent as a key partner to bp...
Presentation and letter highlight $50bn in shareholder value destruction as consequence of dual listed company structure Palliser calls for independent review and detailed report on the merits of unification Materials available on newly launched ...
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten, upsized public offering of 21,500,000 shares of its Class A common stock, par value $0.0001 per share (“Class A...
HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. ("Coterra") (NYSE: CTRA) announced today that it has priced an offering of $750 million aggregate principal amount of senior unsecured notes due 2035, which will carry an interest rate of 5.40% (the "2035 n...
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 18,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A com...
HOUSTON--(BUSINESS WIRE)--$HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, will meet with investors at the Wells Fargo Midstr...