Industry News
Petrolympic welcomes the Québec Superior Court’s decision to suspend provisions of Bill 21
TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V: PCQ) (OTC: PCQRF) (the “Company”) is pleased to report on the decision made by the Québec Superior Court (Civil Division) to stay some provisions of Bill 21, the Act ending exploration for petroleum...
CW Petroleum Corp (CWPE) Reports Revenues for Q4-2023, Year-End
Katy, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) -- CW Petroleum Corp (CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announced unaudited financial results for the fourth quarter ended December 31, 2023, Year-End 2023....
Ring Energy Announces Production Results and Continued Debt Reduction for Fourth Quarter 2023 and Partial Guidance for the First Quarter 2024
~ Record Q4 2023 Sales Volumes Near High End of Guidance ~ ~ Further Reduced Debt in Addition to Making Final Payment for the Founders Acquisition ~ THE WOODLANDS, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the...
Prosafe SE: Safe Concordia charter extended in the US Gulf of Mexico
With reference to the public disclosure dated 13 October 2022, the charterer of the Safe Concordia has exercised early the first 4 months of 6 available months of options. The fixed term of the contract is now through to 09 November 2024.The total value of the...
Baker Hughes Achieves New Hydrogen Milestones to Accelerate Transition to Hydrogen Economy
New hydrogen testing facility at Florence, Italy, manufacturing site unveiled as part of the company’s strategy to further support the deployment of hydrogen-ready technologies, such as the optimized NovaLT™16 turbine delivered to Air Products’ Net-Zero Hydrogen...
Falcon Oil & Gas Ltd. – Commencement of Initial Production Testing at Shenandoah South 1H
Falcon Oil & Gas Ltd.(“Falcon”) Commencement of Initial Production Testing at Shenandoah South 1H 29 January 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the 30-day initial production (IP30) testing at the...
PEL 83 Exploration Campaign Update – Second Significant Light Oil Discovery at Mopane-1X
Map of Region Map of Region TORONTO, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to provide the following update regarding the ongoing exploration campaign on blocks 2813A and 2814B located...
Ring Energy to Present at the Microcap Conference
THE WOODLANDS, Texas, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that Paul D. McKinney, Chairman and Chief Executive Officer, will present and host one-on-one meetings with investors during the...
Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US
Equinor (OSE: EQNR, NYSE: EQNR) has entered into a swap transaction with bp, under which Equinor will take full ownership of the Empire Wind lease and projects and bp will take full ownership of the Beacon Wind lease and projects. Under the agreement, Equinor will...
SBM Offshore announces CEO departure and succession
Highlights Bruno Chabas decides not to seek a 4th mandate as CEO of SBM Offshore Øivind Tangen to be appointed as successor at the end of the AGM, 12th April 2024...