17 Jun 21Africa Oil announces strong Q1 2021 financial results
Africa Oil Corp has announced its financial and operating results for the three months ended March 31, 2021. The Company reports first quarter net income of $38.9 million and end of quarter cash balance of $29.4 million.
17 May 21US: Repsol enters the U.S. renewables market
Repsol has signed an agreement to acquire 40% of Hecate Energy, a U.S. company specializing in the development of PV solar and battery projects for energy storage. This transaction is Repsol's first foray into the U.S. renewables market.
17 May 21Australia: Strike Energy commits to net-zero 2030
Strike Energy has announced its commitment to net zero Scope 1 & 2 emissions by 2030 and its aspiration to become Australia’s first integrated energy company to deliver full Scope 3 offsets.
17 May 21Mozambique: Sasol concludes sale and purchase agreement to sell 30 per cent interest in ROMPCO pipeline
Sasol South Africa (SSA), a major subsidiary of Sasol, has concluded a sale and purchase agreement (SPA), to sell a 30% equity interest in the Republic of Mozambique Pipeline Company (ROMPCO), subject to pre-emptive rights by other shareholders.
17 May 21Italy: Rockhopper provides update on Ombrina Mare arbitration
AIM-listed Rockhopper Exploration has provided an update on its international arbitration against the Republic of Italy in relation to the Ombrina Mare field.