Latest News
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24 Apr 24Halliburton announces Q1 2024 results
Halliburton has announced net income of $606 million for Q1 2024. This compares to net income for Q1 2023 of $651 million. Adjusted net income in the first quarter of 2024, was $679 million. Activity in North America recovered from fourth quarter lows, and the international business delivered its 11th consecutive quarter of year-on-year growth. -
24 Apr 24Eni announces first quarter 2024 results
In the first quarter 2024, Eni accelerated in executing the transformation of its portfolio through different high value platforms of growth in both the legacy and transition businesses. With the closing of the acquisition of Neptune Energy and the announced UK focused combination with Ithaca Energy in the Upstream, Eni will reinforce its exposure to gas and to OECD countries. -
24 Apr 24UK: Octopus Renewables Infrastructure Trust signs 10 year PPA with Sky at Crossdykes wind farm
Octopus Renewables Infrastructure Trust has announced that the Crossdykes wind farm in Lanarkshire, Scotland has entered into a Power Purchase Agreement ('PPA') with Sky UK. The media and telecoms corporation will purchase the majority of the electricity produced by the 46 MW wind farm. -
24 Apr 24Sound Energy has announced final results for the year ended 31 December 2023
Sound Energy, the transition energy company, has announced its audited final results for the year ended 31 December 2023. Substantial 2023 Project execution undertaken - positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning planned by year end. -
24 Apr 2488 Energy completes successful placement to raise A$9.9 million
88 Energy has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million). Placement proceeds will be directed towards costs associated with the recent successful flow test at the Hickory-1 discovery well located at Project Phoenix, as well as post-flow test studies, and towards exploration activities across the Company's acreage in Namibia and Alaska. -
24 Apr 24Germany/France: Volue extends its partnership with Iberdrola to provide power scheduling and algo trading in the German and French energy markets
Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has signed a deal to provide the Spanish energy giant, Iberdrola, with two of its energy trading solutions: DeltaXE and Volue Algo Trader Power. -
23 Apr 24Saudi Arabia: Baker Hughes awarded significant gas technology scope for Phase 3 of Saudi Arabia’s Master Gas System
Baker Hughes has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project. -
23 Apr 24UK: Eni announces transformational combination of substantially all of its UK upstream operations with Ithaca Energy
Eni has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities with Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf. -
23 Apr 24US: Rovco to provide offshore wind inspection work for key Ørsted sites in the US
Rovco, a leading provider of tech-powered offshore wind solutions, has signed a framework agreement with Ørsted to provide O&M (Operations and Maintenance) work on two of the developer’s US sites, Block Island Wind Farm and South Fork Wind Farm. -
23 Apr 24UK: Kent secures Pre-FEED assessment contract for the Spiorad na Mara offshore wind project
Kent has been awarded a contract by Spiorad na Mara Limited for the pre-front end engineering design (Pre-FEED) assessment of the proposed Spiorad na Mara offshore wind farm. The project, formerly known as N4, will play a significant role in helping Scotland achieve its net zero emissions target by 2045.