Oil, Gas, & Energy

HEXA Renewables Commissions the World's Largest Offshore Floating Solar Power Plant in Taiwan

November 5, 2024 8:00 AM

CHANGHUA CITY, TAIWAN / ACCESSWIRE / November 5, 2024 / HEXA Renewables, a leading independent power producer in the Asia Pacific region backed by global infrastructure fund I Squared Capital, has teamed up with the Taiwan government's offshore solar division and completed the commissioning of the world's largest offshore floating solar power plant. Located in Changhua County in Taiwan, this groundbreaking project spans four plots totalling 347...

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Global Distribution Transformers Market Set for Significant Growth, Projected to Reach USD 49.4 Billion by 2033 | Future Market Insights Inc.

November 5, 2024 4:40 AM

The global distribution transformers market was valued at USD 26.1 billion in 2022, with a strong compound annual growth rate (CAGR) of 6% anticipated between 2023 and 2033. As a result, the market is projected to reach USD 27.5 billion by 2023 and USD 49.4 billion by 2033. This growth will be fueled by the increasing global demand for energy, advancements in power transmission networks, and the widespread adoption of smart transformer...

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Touchstone Exploration Announces Execution of Licence for Rio Claro Block

November 5, 2024 2:00 AM

CALGARY, AB / ACCESSWIRE / November 5, 2024 / Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) announces that Primera Oil and Gas Limited ("POGL"), our wholly owned Trinidadian subsidiary, executed an Exploration and Production (Public Petroleum Rights) licence for the Rio Claro block (the "Rio Claro Licence") on November 4, 2024. The Rio Claro Licence has been formally entered into by POGL, the...

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Valeura Energy Inc. Announces Completion of Internal Restructuring

November 5, 2024 2:00 AM

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce the completion of an internal restructuring of its Thailand subsidiary companies. Valeura's working interests in all its Thai III fiscal contracts, covering the Nong Yao, Manora and Wassana fields, are now held by Valeura Energy (Thailand) Ltd, a wholly owned subsidiary of Valeura, which previously had only held an interest in the Wassana asset. The...

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Jericho Energy Ventures Announces Plan to Separate Hydrogen Platform from Traditional Energy Assets to Maximize Shareholder Value

November 4, 2024 5:00 PM

TULSA, OK and VANCOUVER, BC / ACCESSWIRE / November 4, 2024 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce that its Board of Directors has approved Management's plan to separate Jericho's hydrogen solutions platform (the "Spinout Transaction") into a new entity to be named Hydrogen Technologies Corporation ("HTC"), subject to certain conditions including receipt of...

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ENEOS brings Dazzling array of Booth Cars and New Products to SEMA 2024

November 4, 2024 10:15 AM

ENEOS - Japan's largest oil company and supplier of motor oil and transmission fluids to the majority of Asian vehicle manufacturers - will be located in booth #24133 in Central Hall at the annual SEMA Show in Las Vegas this week. The company supplies lubricating oil to Japanese and Asian manufacturers for factory fill around the world. It also provides the aftermarket with premium vehicle lubricants and is introducing a new line of EV/Hybrid...

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Banyan Drilling Confirms High Grade Structural Controls and Grade Continuity at Powerline, AurMac Project

November 4, 2024 6:00 AM

Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to announce the latest analytical results from nineteen (19) diamond drillholes within the Powerline Deposit located on the Company's AurMac Project, Yukon Territory ("AurMac"). This set of holes was drilled in the north-central portion of the Powerline Deposit (See Figure 1) as part of the ongoing definition drilling program to increase confidence of the Resource...

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Ascendant Resources Initiates Drill Program at Its Lagoa Salgada VMS Project

November 4, 2024 6:00 AM

Ascendant Resources Inc. (TSX:ASND)(OTCQX:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") ") is pleased to announce that it has initiated a targeted exploration program at its Lagoa Salgada VMS Project, in Portugal. Targeted Exploration Drill Program The drill program has been initiated to test promising Massive and Semi-Massive Sulphide targets based on a combination of IP, EM, and detailed gravity signatures conducted over and surrounding the...

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RelaDyne to Supply DuraMAX to FullSpeed Automotive Locations Across the Country

November 4, 2024 3:00 AM

RelaDyne and FullSpeed Automotive announced a multi-year partnership to supply DuraMAX lubricants and ancillary products to FullSpeed Automotive's portfolio of aftermarket automotive brands. In addition to an award-winning lineup of DuraMAX motor oils, RelaDyne offers a variety of viscosities and performance specifications. Full Speed Automotive is the nation's largest independent franchisor of automotive preventive maintenance serving...

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Touchstone Exploration Announces Initial Production from Cascadura C

November 4, 2024 2:00 AM

Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) announces initial production from the Cascadura C well pad. Touchstone has safely commissioned the flowline connecting our Cascadura C surface location to the Cascadura natural gas processing plant, which ties in our Cascadura-2ST1 and Cascadura-3ST1 wells. Additionally, a new natural gas separator has been installed and brought online, expanding the...

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NESR Successfully Deploys ROYA Platform & Secures Drilling Awards Exceeding $200 Million

November 3, 2024 6:00 PM

ABU DHABI, UAE / ACCESSWIRE / November 3, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that the Company completed its first ROYA drilling campaign successfully in Kuwait. Additionally, the Company secured multiple directional drilling ("DD") awards...

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NXT Announces US$0.5 Million Convertible Debenture

November 1, 2024 8:15 AM

NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has received the first tranche of a planned US$900,000 (approximately CDN$1,252,080) convertible debenture (the "Debentures") from Ataraxia Capital ("Ataraxia") for the principal amount of US$500,000, (approximately CDN$,695,600), pursuant to the terms of the subscription agreement signed between Ataraxia and NXT in 2023. The Toronto Stock...

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Rhythm Energy Unveils Peak Payback Demand Response Program to Stabilize the Grid and Maximize Savings for Texans

October 31, 2024 3:00 PM

HOUSTON, TX / ACCESSWIRE / October 31, 2024 / Rhythm Energy, the largest independent green energy provider in Texas, has launched its all-new Peak Payback Demand Response Program, engineered to help Texans reduce electricity costs, support grid stability, and help the environment. Since its inception in 2021, Rhythm has strived to engineer an advanced, home-grown technology platform that supports the energy transition while remaining steadfast...

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Nouria Signs Definitive Agreement to Acquire Enmarket From Colonial Group

October 31, 2024 10:30 AM

Nouria, an award-winning convenience store chain and one of the fastest-growing retailers in the Northeast, is pleased to announce the signing of a definitive agreement to acquire Enmarket, a leading convenience retailer in the Southeast, from its parent company, Colonial Group. WORCESTER, MA / ACCESSWIRE / October 31, 2024 / Nouria, an award-winning convenience store chain and one of the fastest-growing retailers in the Northeast, is pleased to...

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Bitterroot Resources Ltd. - Nighthawk Gold/Silver Project - Drill Permit Issued

October 31, 2024 9:00 AM

Bitterroot Resources Ltd.'s (TSXV:BOTT) subsidiary Trans Superior Resources, Inc. ("the Company") reports that the US Department of the Interior's Bureau of Land Management, Tonopah Field Office (BLM) has determined that the Company's Nighthawk Gold Project Notice of Operations (Notice) is complete. The BLM-approved Notice allows the construction of up to 15 drill sites and associated overland travel on the 240-claim Nighthawk Gold/Silver...

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Thermon Schedules Second Quarter Fiscal 2025 Earnings Conference Call - November 7, 2024

October 31, 2024 7:00 AM

Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended September 30, 2024, before the market opens on Thursday, November 7, 2024. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will...

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Diversified Energy Announces Timing of Third Quarter 2024 Results

October 31, 2024 7:00 AM

Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Trading Statement for the three months ended September 30, 2024 (the "3Q24Trading Statement") on Tuesday, November 12, 2024. The Company will host a conference call that day at 1:00 PM GMT (8:00 AM EST) to discuss the 3Q24Trading Statement and will make an audio replay of the event available shortly...

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Pantheon Resources PLC Announces Director Subscription and Total Voting Rights

October 31, 2024 3:00 AM

LONDON, UK / ACCESSWIRE / October 31, 2024 / Pantheon Resources plc (AIM:PANR) ("Pantheon" or "the Company"), developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, today announces that the Executive Chairman and all Non-Executive Directors have agreed to subscribe for a total of £55,480 of new ordinary shares in the Company (the "Director Subscription"). The Director...

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Vivakor Provides Update on Closing of Merger With Empire Diversified Energy

October 30, 2024 8:00 AM

Empire's Port Infrastructure to Provide Synergies for Vivakor to Boost Revenue and Growth DALLAS, TX / ACCESSWIRE / October 30, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, today provided an update on the anticipated merger with Empire Diversified Energy, Inc. ("Empire" and the "Merger", respectively). The Merger, which was previously...

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Diversified Energy Closes Acquisition of East Texas Assets

October 30, 2024 7:00 AM

BIRMINGHAM, AL / ACCESSWIRE / October 30, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces the closing of its previously announced acquisition of operated natural gas properties located within eastern Texas (the "Assets") from a regional operator (the "Seller") (the "Acquisition"). Acquisition Highlights Total gross purchase price of $69 million before customary purchase price adjustments $68...

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