Energia

Universal Energy Facility offering grants to support electrification by…

The Universal Energy Facility opened a new financing window in the DRC that offers grants to companies connecting people to mini-grids. The facility provides "results-based finance" to these companies by awarding grants once electricity connections have been established and verified. Mini-grids are essential for improving electricity access in the DRC, where an estimated 19.1 percent of the country's population currently has electricity. Mini-grids provide quick and efficient means…

European Energy A/S: Solid key financials from European Energy in a turbulent…

Company announcement 14/2022 (30.11.2022) In a quarter that has been dominated by huge volatility in the energy market, as well as intense political talks on how to curb the volatility, European Energy has managed to secure growth in all key financials. European Energy has come out of Q3 with an EBITDA of EUR 19.2m and profit before tax of EUR 9.8m. This is an increase compared to Q3 2021 that had an EBITDA of EUR 5.5m and profit before tax of EUR 9.6m.For the first nine months of 2022,...

Falcon Oil & Gas Ltd. - Granting of stock options

Falcon Oil & Gas Ltd. (“Falcon”, “Company”)Granting of stock options 30 November 2022 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that on 29 November 2022 it granted incentive stock options (“ Options ”) to Tom Layman (Non-Executive Director) to purchase 2,500,000 common shares of Falcon at an exercise price of GBP£0.15 (equivalent to CDN$0.24) under the stock option plan approved at Falcon's annual shareholders meeting held on 14 July 2022.The Options have a...

Report for the third quarter of 2022

Oslo, 29 November 2022Main events in the period In July 2022 the Company successfully closed its share offering. The final number of shares that were subscribed and issued in the Share Issue is 14,357,554 at a subscription price of NOK 1.30 per share, resulting in gross proceeds of approximately NOK 18.7 million.Gross production in Q3 2022 increased 1.7% compared with the Q2 of 2022.The oil prices for Q3 2022 decreased from the previous quarter and were in the range of USD...

Mainstream Renewable Power and Maple Power to Partner for Upcoming Celtic Sea…

Together, Maple Power, a 50:50 joint venture between Enbridge Inc. and CPP Investments, and Mainstream bring a combination of deep sector knowledge, extensive development experience and financial strength to target commercial-scale floating projects. The combined expertise of Maple Power and Mainstream will contribute to UK supply chain development, industry-leading innovation, and benefit renewable energy growth in a key market. Together, Maple Power, a 50:50 joint venture between Enbridge…

Paratus Energy Services Ltd. Announces Execution of Supplemental Indenture

The Company currently expects to establish a record date during the next two weeks for the purpose of obtaining consent from the Holders to, among other things, (i) amend Section 4.03 of the Indenture to specify that the company is not required to deliver financial statements for any completed fiscal period prior to September 29, 2022 until March 31, 2023 and (ii) to waive any failure by the company to comply with the reporting and notice requirements specified in Sections 4.03 (Provision of…

Appointment to the EDF Board of Directors

Appointment to the EDF Board of Directors The Board of directors which met today has decided to co-opt Ms Anne-Marie Descôtes, Secretary General of the French Ministry for Europe & Foreign Affairs, as a board member, replacing Mr. Jean-Bernard Lévy for the remainder of the latter's term of office, namely until the Ordinary General Meeting of Shareholders which will meet to approve the accounts for the financial year ending 31 December 2022.Ms Descôtes is nominated upon proposal of the...

EPSO-G Group's revenue for the first nine months of the year rose to EUR 444.7…

Revenue of the energy transmission and exchange company group EPSO-G in the first nine months of the year amounted to EUR 444.7 million and represented an increase of 95% compared to EUR 228.3 million in the same period last year. The Group's results were significantly impacted by the change in energy flows following the outbreak of the war in Ukraine and the rapid increase in energy prices. This also resulted in significant increase in Group's costs from January to September, which amounted...

Solid operating results of Reykjavík Energy Group

ISK 4.7 billion profit was made from the activities of the Reykjavík Energy group (Orkuveita Reykjavíkur; OR) through Q3 2022. Operating results and cash flow from operations are stable, but calculated figures due to volatility in aluminium prices and domestic inflation have an impact on the overall result of OR's consolidated interim financial statements, which the board approved today. Within the group are, in addition to the parent company; Veitur Utilities, ON Power, Reykjavík Fibre...

Velcan Holdings: Share buyback program - weekly statement

Luxembourg, 28 thNovember 2022 SHARES REPURCHASE PROGRAMMEAuthorized by the shareholders' meeting held on 29 thJune 2021 Implemented upon the decision of the Board of Directors dated 29 thJuly 2022, DISCLOSURE OF PURCHASESEFFECTED FROM21 st NOVEMBER 2022TO25 th NOVEMBER 2022 Market: Euro MTF, Luxembourg Type of shares: ordinary shares ISIN FR0010245803Trading dateNumber of shares purchasedWeighted average price (Eur)Amount of purchases...

Equinor ASA: Share buy-back

Please see below information about transactions made under the share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR). Date on which the fourth tranche of the share buy-back programme for 2022 was announced: 28 October 2022.The duration of the fourth tranche of the buy-back programme for 2022: 31 October to no later than 27 January 2023.Size of the buy-back programme: Up to 75,000,000 shares, with a maximum total consideration for the fourth tranche: USD 604,890,000.From 21...

FusionSolar Smart String ESS Solution: Multi-Level Active Protection for…

Lithium batteries are the core components of a battery energy storage system (BESS). Internal and external sources may quickly increase the temperature of battery cells, leading to thermal runaway. This can release flammable and explosive gases, causing fires or even explosions. Normally, there are several issues that may lead to safety accidents in lithium BESSs: Lithium batteries are the core components of a battery energy storage system (BESS). Internal and external sources may quickly...

Noble Corporation plc announces changes to its share capital

As further described in the Notice concerning the compulsory purchase to the shareholders of Maersk Drilling pursuant to sections 70-72 of the Danish Companies Act as published by Noble on October 4, 2022, the Excess Shares were issued due to the exchange ratio in the Compulsory Purchase of 1.6137 share entitlements, representing A ordinary shares of Noble, for each outstanding Maersk Drilling share resulting in the holders of Maersk Drilling shares, who elected to receive share consideration in…

Concerning the opinion of the Audit Committee

Lithuanian electricity transmission operator LITGRID AB (company code 302564383, registered office address Karlo Emilio Gustavo Manerheimo st. 8, Vilnius, Lithuania), informs that on 25 November 2022 the opinion of the Audit Committee of the holding company UAB EPSO-G was received on the planned transaction with the related party Energy cells, UAB: Isolated electricity system work service purchase and sale agreement On 21 November 2022 meeting, the Audit Committee of UAB EPSO-G considered...

Sinopec Uncovers High-Yielding Shale Gas Reserve in Sichuan Basin

The Qijiang shale gas field is the first shale gas field discovered in medium-deep and deep strata in a complex tectonic zone on the margin of the basin. Shale gas buried at the depth of over 3,500 meters is defined as deep shale, and the burial depth of Qijiang's shale formations ranges from 1,900 to 4,500 meters, with the majority being deep shale. With complex overlying strata, the project faced great challenges such as a significantly greater depth and variable ground stress. The Qijiang...

Resolutions of Savosolar Plc's Extraordinary General Meeting

Savosolar PlcCompany Announcement 25 November 2022 at 11.00 a.m. (CET) Resolutions of Savosolar Plc's Extraordinary General MeetingThe Extraordinary General Meeting of Savosolar Plc (“Savosolar” or the “Company”) was held on 25 November 2022 in Helsinki. A total of 16 shareholders as well as 14,338,988 shares and votes were represented in the meeting.The Extraordinary General Meeting resolved on the following issues: Resolutions required for acquisition...

Falcon Oil & Gas Ltd. - Filing of Interim Financial Statements

FALCON OIL & GAS LTD. (“ Falcon ” )Filing of Interim Financial Statements 25 November 2022 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its interim financial statements for the three and nine months ended 30 September 2022 and the accompanying Management's Discussion and Analysis (“ MD&A ”).The following should be read in conjunction with the complete unaudited unreviewed interim financial statements and the accompanying MD&A for the three...

Orrön Energy AB report for the nine months ended 30 September 2022

Highlights Orrön Energy's first quarter as a pure play renewables company delivered strong financial results with cash flow from operating activities of MUSD 5.4, and net cash of MUSD 10.8 at the end of the periodProportionate 1power generation amounted to 83 GWh for the third quarter 2022 at an average achieved price of EUR 177 per MWh including Slitevind AB's (publ) (“Slitevind”) production from 1 September 2022, resulting in a proportionate EBITDA of MUSD 10.8With the addition of...

Saudi Industrial City Giga-Project Adds New Direct Investments and Contracts to…

Khalid bin Mohammed bin Abdulrahman Al-Salem, the Chairman of the Royal Commission for Jubail and Yanbu (RCJY), stated: "Our goal is to make sure that JCPDI is attractive to potential investors. We also want to promote the city as a vibrant place for businesses and communities. The newly signed agreements will generate around 300 new direct and indirect high-quality jobs and contribute to the local GDP". Khalid bin Mohammed bin Abdulrahman Al-Salem, the Chairman of the Royal Commission…

Maha Energy AB (publ) (“Maha” or the “Company”) Nomination Committee for the AGM…

In accordance with the resolution at the Annual General Meeting (“AGM”) of Maha Energy AB on May 31, 2022, it was resolved that a Nomination Committee shall be appointed. The Nomination Committee shall comprise of the Chairman of the Board of Directors and three members appointed by the three largest shareholders by votes as at the end of September each year. As of September 30, 2022, and considering subsequently known changes, the three largest shareholders, which desired to appoint a...

Lubricants Market worth $187.9 billion by 2027 - Exclusive Report by…

Browse in-depth TOC on "Lubricants Market" Browse in-depth TOC on "Lubricants Market " 488 – Tables 64 – Figures 361 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=182046896 "Synthetic oil was the second-largest base oil in the global lubricants market, in terms of value, in 2021" Changing automotive norms and growing environmental concerns are also some of the important factors which are likely to help the growth of the...

LONGi Stresses Energy Equity and Environmental Sustainability at COP27 Solutions…

Dennis She, Vice President of LONGi, attended the panel discussion on 'Incentivizing Technology-focused, Climate-sensitive Economies Towards Greater Partnership and Public-Private Action' together with James Mnyupe, Namibia Presidential Economic Advisor; Shereen Zorba, Head of the Global Secretariat, United Nations Science-Policy-Business Forum on the Environment; Dr. Omnia El Omrani, COP27 Youth Envoy; Yossi Matias, Vice President Engineering and Research, Google; Nicole Karimi, Founder &…

Appointment of Luc Rémont as Chairman and Chief Executive Officer of EDF

Appointment of Luc Rémont as Chairman and Chief Executive Officer of EDFEDF announces the resignation of Jean-Bernard Lévy from his functions of member of the Board of directors and Chairman and Chief Executive Officer of EDF, and the appointment of Luc Rémont as Chairman and Chief Executive Officer of EDF effective today, by decree of the President of the French Republic dated 23 November 2022. The Board of directors thanks Jean-Bernard Lévy warmly for his commitment over the...

EDF:OCEANE due 2024: new conversion / exchange ratio within the context of the…

OCEANE due 2024: new conversion / exchange ratio within the context of the simplified public tender offer filed by the French StateNotice to holders of the €2,399,999,989.27 bonds convertible into new shares and/or exchangeable for existing shares (OCEANE) due 2024 of Électricité de France (ISIN FR0013534518) (the “Bonds”)Capitalized terms used but not otherwise defined in this notice shall have the meaning given to them in the terms and conditions of the Bonds (the...

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