Oil, Gas, & Energy

Eco Atlantic Farms Into Block 1 Offshore South Africa

June 5, 2024 2:00 AM

Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces the Farm-In into Block 1 Offshore South Africa Orange Basin. Through its 100% owned subsidiary Azinam South Africa Limited ("Azinam"), the Company will farm-in and acquire a 75% Working Interest ("WI") from Tosaco Energy (Proprietary) Limited ("Tosaco") and will become Operator of a new Exploration Right (the...

Read more

MCAPM, LP Acquires Convertible Debenture of NXT Energy Solutions Inc.

June 3, 2024 5:00 PM

MCAPM, LP announced today that on May 31, 2024, it subscribed for and received an aggregate principal amount of US$2,000,000 (approximately CDN$2,680,000) of unsecured convertible debentures (the "Debentures") of NXT Energy Solutions Inc. (TSX:SFD) ("NXT") in a non-brokered private placement. The Debentures bear interest at 10.0% per annum and are due and payable in full on May 31, 2026. The Debentures are convertible into common shares in the...

Read more

ONESTONE HOLDINGS Achieves Breakthrough in Green Hydrogen Production at Sea With Vertical Wind Turbines

June 3, 2024 9:00 AM

ONESTONE Paves the Way for Affordable, Sustainable Green Energy: Revolutionizing Clean Energy Production and Delivery at Sea COOS BAY, OR / ACCESSWIRE / June 3, 2024 / In a significant development for the clean energy sector, ONESTONE HOLDINGS announced today the successful production of green hydrogen on a ship equipped with innovative vertical wind turbines. This groundbreaking achievement represents a major leap forward in harnessing...

Read more

Camber Energy Receives Notice of Allowance for Additional Patent in Portfolio of Wildfire Mitigation Technologies

June 3, 2024 8:30 AM

Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company"), today announced receipt of a Notice of Allowance from the United States Patent & Trademark Office ("USPTO") for patent application No. 17/300,485 titled "End of Line Protection with Trip Signal Engaging", which is expected to be issued in the coming weeks and is in addition to the patents previously announced by the Company within its portfolio of wildfire mitigation...

Read more

Diversified Energy Closes Market Leading Securitized Financing

June 3, 2024 7:00 AM

Solidifies Standing as the First, Largest and Consistent Performing Issuer of PDP Oil & Gas Securitizations BIRMINGHAM, AL / ACCESSWIRE / June 3, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that on May 30, 2024, the Company closed on an asset backed securitization ("ABS") refinancing, creating the ABSVIII note (the "Transaction"). Diversified will use the proceeds from the...

Read more

NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture

June 3, 2024 7:00 AM

NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has issued convertible debentures (the "Debentures") to MCAPM LP for the principal amount of US$2,000,000, being approximately CDN$2,742,800, pursuant to the terms of a subscription agreement with NXT. The Toronto Stock Exchange (the "TSX") has provided conditional approval of the private placement. The Debentures bear interest at 10.0% per annum,...

Read more

Texas Steel Conversion, Inc. Announces New Internal Plastic Coating Facility

May 31, 2024 10:10 AM

HOUSTON, TX / ACCESSWIRE / May 31, 2024 / Texas Steel Conversion, Inc. (TSC), a leader in steel tubular processing and drill pipe manufacturing, is proud to announce the installation of a state-of-the-art internal plastic coating (IPC) line at its Miller Road plant in Northeast Houston. This significant investment reinforces TSC's commitment to innovation and customer service excellence in the oil and gas industry. Texas Steel Conversion, Inc....

Read more

CESI: Nicola Melchiotti Zum Neuen CEO Ernannt, Guido Bortoni Als Vorsitzender Bestätigt

May 31, 2024 8:15 AM

MILAN, ITALY / ACCESSWIRE / May 31, 2024 / Heute fand unter der Leitung von Guido Bortoni, der in seiner Rolle als Vorsitzender bestätigt wurde, die erste Sitzung des neuen Verwaltungsrats der CESI S.p.A. statt. Der Verwaltungsrat wurde am 29. Mai von der ordentlichen Hauptversammlung der Aktionäre erneuert. Neuer CESI CEO Mr. Nicola Melchiotti, der neue CEO von CESI Während der Sitzung wurde Nicola Melchiotti zum neuen Chief Executive Officer...

Read more

Loop Energy Announces TSX Continued Listing Review and Provides Update on the Strategic Review Process

May 31, 2024 6:30 AM

Loop Energy™ Inc. ("Loop" or the "Company") (TSX:LPEN) today provides the following update: The Company has received a letter from the Toronto Stock Exchange (the "TSX") advising the Company that it is reviewing the eligibility for the continued listing on the TSX and that a TSX Listing Committee meeting has been scheduled for September 20, 2024 for that purpose. In order to extend its limited financial resources, the Company has further reduced...

Read more

TEVERRA Receives Grant for Sustainable Development Through Natural Geothermal Energy Project

May 30, 2024 12:15 PM

Empowering Rico, Colorado, With Geothermal Energy ATLANTA, GA / ACCESSWIRE / May 30, 2024 / Teverra, LLC, a leading advocate for sustainable energy solutions, has been awarded a grant to spearhead the implementation of a Natural Geothermal Augmented Thermal Energy Network in Rico, Colorado. This groundbreaking initiative aims to revolutionize energy consumption in the region while preserving the unique heritage and values of this small mountain...

Read more

United States Department of Energy, Loan Programs Office has $72 Billion Loan Authority for the Development of Critical Minerals, including Lithium

May 30, 2024 9:00 AM

PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today the United States Department of Energy, Loan Programs Office has established a $ 72 Billion Loan Authority for the development of critical minerals, including lithium. With this program the Federal Government is encouraging and supporting domestic mining to strengthen energy and supply chains for these critical minerals. The "American Battery Materials Initiative" makes clear the...

Read more

PetroSun Announced today the appointment of Dr R Gerald Bailey, former President of Exxon - Arabian Gulf, as Executive Vice President of the Company

May 29, 2024 11:30 AM

PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today the appointment of Dr R. Gerald Bailey to the position of Executive Vice President of the company. Dr. Bailey has been actively involved with PetroSun for many years, and currently serves as a member of the Board of Directors. His experience in the Energy industry in executive roles makes him an outstanding addition to the management team of the company as we move into production and...

Read more

JEV Portfolio Company Supercritical and HAMR Energy to Shake Up Methanol Production with Groundbreaking, Government-Backed, Green Partnership

May 29, 2024 8:30 AM

Consortium embarks on AUD 1.5million (GBP 800,000) project that will demonstrate that renewable methanol costs can be reduced by up to 20% with ultra-high efficiency, high pressure green hydrogen production The partnership aims to commercialize the concept and drive commercial world scale systems to market by 2030, enabling a potential multibillion dollar global methanol opportunity TULSA, OK and VANCOUVER, BC / ACCESSWIRE / May 29, 2024 /...

Read more

Diversified Energy Joins the Russell 2000 Index

May 29, 2024 7:00 AM

BIRMINGHAM, AL / ACCESSWIRE / May 29, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") today announced that as part of the annual reconstitution of the Russell stock indexes, Diversified is to be included in the Russell 2000® Index effective at the open of US equity markets on Monday, July 1st, 2024 according to the preliminary list of additions posted on Friday, May 24th, 2024. Rusty Hutson, Jr., CEO of...

Read more

Thermon Reports Fourth Quarter Fiscal 2024 Results

May 29, 2024 6:45 AM

Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2024") of the fiscal year ended March 31, 2024 ("Fiscal 2024"). Key highlights for Q42024 as compared to the three months ended March 31, 2023 ("Q42023") include: Produced record revenue of $127.7 million, an increase of 4%, driven by sales growth across...

Read more

i3 Energy PLC Announces 2024 AGM Notice Mailout

May 29, 2024 4:30 AM

i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that the notice of availability letter for the Company's Notice of Annual General Meeting (the "Circular") was posted or emailed to Shareholders yesterday, with a hard copy of the Circular being sent out for delivery to those shareholders who had requested receipt of a paper copy. Notice of Annual General...

Read more

Commerce Resources Announces Summer Diamond Drill Program Targeting Niobium Prospects at the Eldor Property, Nunavik, Quebec

May 29, 2024 3:05 AM

VANCOUVER, BC / ACCESSWIRE / May 29, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce that planning is underway for a diamond drill program at their wholly owned Eldor Property, targeting further delineation of niobium (± tantalum and phosphate) mineralization at the Mallard Prospect, and continued exploration at the Miranna Prospect, located in northern Quebec. A total of...

Read more

Bird River Resources Announces Changes in Its Board of Directors

May 28, 2024 5:20 PM

Bird River Resources Inc. (CSE:BDR) ("BDR" or the "Company") announces that, effective immediately, Mr. Warren Hawkins has tendered his resignation as director of the Company. Mr. Vic Moschitto has been appointed as director of the Company to fill the vacancy created by the foregoing resignation. The Company wishes to thank Mr. Hawkins for his valuable contribution to the Company. Mr. Moschitto, started his career at Ontario Hydro, giving him...

Read more

Camber Energy Announces Purchase Order for 3.5MW Customized Power System

May 28, 2024 8:30 AM

HOUSTON, TX / ACCESSWIRE / May 28, 2024 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") is pleased to announce receipt of an ∼$3.8 million (CDN) purchase order for a three and one half megawatt customized secondary power system, features of which include: GE Transportation 16V250 Liquid Cooled, Twin Turbo Charged, Inter-Cooled, Diesel Fuel Tier 2 Engine with: 4870 Continuous HP @ 900 RP 250mm Bore x 320mm Stroke 251.2 Liter...

Read more

Valeura Energy Inc Announces Nong Yao Development Drilling Update

May 28, 2024 2:30 AM

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), an upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to announce the successful completion of an infill drilling campaign at Nong Yao A and the start of development drilling on the Nong Yao C extension, both part of the Nong Yao oil field (90% operated working interest), offshore Gulf of Thailand. Sean Guest,...

Read more