Energia

North Energy tax claim closed - tax returns accepted as originally submitted

Reference is made to Stock Exchange Release from 24 October 2018 where North Energy ASA (“Company”) informed about a notice from the Petroleum Taxation Office (“OTO”) of possible changes of the Company's tax returns from the years 2014 and 2015.Today, North Energy received a letter from OTO informing that all outstanding tax issues are closed and that the tax returns as originally submitted by the Company are accepted without any changes. For further information, please contact: Knut...
Nasdaq GlobeNewswire
02/04/2020

Maha Energy AB (publ) Announce March Production Volumes

­­­Maha Energy AB (publ) Strandvägen 5A SE-114 51 Stockholm www.mahaenergy.ca Press release Stockholm April 2, 2020 Maha Energy AB (publ) Announce March Production VolumesProduction VolumesThe Company's aggregate sales production for the month of March totaled 97,131 1barrels of oil and 40.283 million scf of gas for a combined average production of approximately 3,350 BOE/day 2, before royalties and taxes. Gas deliveries to CDGN were curtailed during the month of March due...
Nasdaq GlobeNewswire
02/04/2020

The start of the official tender offer for shares of Ignitis gamyba

AB “Ignitis gamyba” (hereinafter referred to as the Company) company code 302648707, registered office at Elektrinės st. 21, Elektrėnai. The total number of registered ordinary shares issued by the Company is 648 002 629; ISIN code LT0000128571.The international energy company Ignitis Group is starting a buy-out of shares of the company's subsidiary Ignitis Gamyba.Ignitis Group begins the official tender offers for the shares of the Company on 3 April, Friday. The period of the official...
Nasdaq GlobeNewswire
02/04/2020

New share capital registered

Reference is made to the stock exchange notice published by Interoil Exploration and Production ASA (the "Company") on 11 January 2020 regarding the acquisition of an 8.34 per cent participating interest in five mature producing exploitation concessions in Argentina and the issuance of 4,045,539 consideration shares to the seller, ROCH S.A.The share capital increase related to the issuance of these shares has now been registered with the Norwegian Register of Business Enterprises...
Nasdaq GlobeNewswire
02/04/2020

Golar LNG Partners LP: Summons for Bondholder's Meeting

Golar LNG Partners LP (“Golar Partners” or “the Partnership”) has, today, instructed Nordic Trustee to summon a bondholders' meeting for 21 April 2020 for the Partnership's Senior Unsecured Bond Issues maturing in May 2020 (GOLP02, ISIN NO 001 07 36481) and May 2021 (GOLP03, ISIN NO 001 0736481) (the “Bond Issues”). The purpose of the meeting is to consider a proposal for certain amendments to the terms of the Bond Issues, all of which are referred in the attached copy of the summons (the...
Nasdaq GlobeNewswire
02/04/2020

Golar LNG Partners LP Announces Distribution Reduction and Operational Update

Golar LNG Partners LP (“Golar Partners” or “the Partnership”) announced today an update regarding its financial strategy and ongoing initiatives in response to the recent Covid-19 induced deterioration in the macro-economic environment. This includes a decision to reduce its quarterly common unit distribution and the initiation of a process to seek an extension of the maturity date for its Senior Unsecured Bond Issues maturing in May 2020 (GOLP02, ISIN NO 001 07 36481) (the “GOLP02 Bonds”)…
Nasdaq GlobeNewswire
01/04/2020

Equinor ASA: Execution of debt capital market transactions

On Wednesday April 1, 2020 Equinor ASA (OSE:EQNR, NYSE:EQNR), guaranteed by Equinor Energy AS, executed a total of USD 5 billion in the debt capital market. The debt capital market transaction consists of the following tranches: Issue of USD 1.25 billion 2.875% Notes due April 6, 2025Issue of USD 0.5 billion 3.0% Notes due April 6, 2027Issue of USD 1.5 billion 3.125% Notes due April 6, 2030Issue of USD 0.5 billion 3.625% Notes due April 6, 2040Issue of USD 1.25 billion 3.7% Notes...
Nasdaq GlobeNewswire
01/04/2020

DNO Reports Payment for Tawke License Deliveries

Separately, a payment of USD 5,712,176 has been received net to DNO, representing three percent of gross October 2019 Tawke license revenues, as provided for under the August 2017 receivables settlement agreement with the Kurdistan Regional Government. DNO operates and has a 75 percent interest in the Tawke license which contains the Tawke and Peshkabir fields. -- For further information, please contact: Media: [email protected] Investors: [email protected] Tel: +47 23 23...
Nasdaq GlobeNewswire
01/04/2020

Oilfield Equipment Market to Reach $141.49 Bn, by 2026 at 3.1% CAGR: Allied…

Drivers, restraints, and opportunities Drivers, restraints, and opportunities Surge in exploration and drilling activities for oil across the world and redevelopment of mature oil wells drive the global oilfield equipment market. However, surge in raw material prices and fluctuation in foreign currencies restrain the market growth. On the other hand, technological developments in the oil and gas industry that enables enhanced safety and efficiency create new opportunities in the market...
PR Newswire
01/04/2020

Notice of the Annual General Meeting

Pursuant to article 8 of the articles of association, notice is hereby given that the Annual General Meeting of Athena Investments A/S will be held on Thursday, 23 April 2020 at 3.00 pm at IDA Conference, Kalvebod Brygge 31-33, 1780 Copenhagen, Denmark. Attachments Notice_AGM_2020_UKRemuneration_Policy_March_2020_UK
Nasdaq GlobeNewswire
01/04/2020

Minesto Secures All Permits for Faroe Islands' Installations

The granted permits and consents cover two DG100 tidal kite systems which will be installed in Vestmannasund in a collaboration between Minesto and SEV. Minesto has been granted public funding totalling approx. €3.5 million through the EU's EIC Accelerator and the Swedish Energy Agency for the implementation of the Vestmannasund project and the development of the DG100 marine energy converter. The granted permits and consents cover two DG100 tidal kite systems which will be installed in...
PR Newswire
01/04/2020

Maha Energy AB Announces the Acquisition of Certain Onshore Producing Properties…

­­­Maha Energy AB (publ) Strandvägen 5A SE-114 51 Stockholm www.mahaenergy.ca Press release Stockholm April 1, 2020 MAHA ENERGY AB ANNOUNCES THE ACQUISITION OF CERTAIN ONSHORE PRODUCING PROPERTIES IN THE ILLINOIS BASIN, USA. Maha Energy AB (“Maha”) (NASDAQ OMX First North: MAHA A) is pleased to announce that its wholly owned subsidiary Maha Energy (US) Inc (“Maha US”) has entered into an agreement to acquire certain oil producing assets in the Illinois Basin, USA, through the purchase...
Nasdaq GlobeNewswire
01/04/2020

Aker ASA: Board of Directors Amends Dividend Proposal to Meet Effects of Current…

Due to increased uncertainty following the recommendation on February 13, 2020, the board resolved on March 31 to amend the proposal to ask the general meeting not to conclude on a dividend payment of NOK 23.50. Aker will, hence, book no provision for dividend in the 2019 accounts. Instead, the board proposes that it is authorized to resolve the distribution of dividends based on the company's annual accounts for 2019, with the aim of making this assessment semi-annually. In its assessment…
PR Newswire
31/03/2020

Shanghai Gas Collaborates with VeChain to Roll out Blockchain-Powered…

As a dominant player in the domestic energy industry, Shanghai Gas joined hands with ENN and VeChain to deploy the Pilot Blockchain-Enabled LNG (Liquified Natural Gas) Solution. Based on the success of the pilot project, Shanghai Gas decides to enhance the collaboration to reap more benefits, which leads to the decision to kick off the further blockchain-based energy project. As a dominant player in the domestic energy industry, Shanghai Gas joined hands with ENN and VeChain to deploy the...
PR Newswire
31/03/2020

Ignitis Gamyba preliminary financial results for the 2 months of 2020

AB Ignitis Gamyba, company code 302648707, registered office at Elektrinės st. 21, Elektrėnai (hereinafter referred to as the Company). The total number of registered ordinary shares issued by the Company is 648 002 629, ISIN code – LT0000128571.The Company announces preliminary financial results for the 2 months of 2020: 2 months of 20202 months of 2019*Change Revenue from contracts with customersEUR 20.5 mEUR 24.5 m-16.2%Adjusted EBITDA**EUR 9.0 mEUR 9...
Nasdaq GlobeNewswire
31/03/2020

Scatec Solar secures guarantees with MIGA in Egypt

"The MIGA guarantees are a cost-efficient way of mitigating risk for our largest project in the portfolio. Strong partnerships are essential to our business and this agreement is further strengthening the robustness of our investment, says Raymond Carlsen, CEO of Scatec Solar.In November 2018, Scatec Solar secured guarantees with MIGA for all six South African solar power plants. These guarantees cover 90 percent of investments by Scatec Solar for up to 15 years against the risks of...
Nasdaq GlobeNewswire
31/03/2020

Annual General Meeting of Lundin Petroleum AB 31 March 2020

The Annual General Meeting of Shareholders (AGM) of Lundin Petroleum AB (Lundin Petroleum or the Company) was held today, Tuesday 31 March 2020 in Stockholm. Of the resolutions passed, the AGM resolved to approve the change to the Company's Articles of Association with the effect of amending the name of the Company from Lundin Petroleum AB to Lundin Energy AB. The Company's and the Group's income statements and balance sheets for the financial year 2019 were adopted and the members of...
Nasdaq GlobeNewswire
31/03/2020

Technology-led Solutions Help Onshore Wind Turbine Manufacturers Tap Additional…

"Emerging technologies such as 5G, edge computing, augmented and virtual reality (AR, VR), and advanced lightweight composite materials, are creating additional revenue opportunities for wind industry participants," said Swagath Navin Manohar,Research Manager, Energy & Environment at Frost & Sullivan. "Innovations like LiDAR, digital twin, additive manufacturing, radar, and drones are expected to phase out manual inspections of wind turbines and ultimately help…
PR Newswire
31/03/2020

ConFlow Power Steps Up its Focus on Lighting

There are now over a dozen live projects in which ConFlow has been asked to participate or take the lead. There are now over a dozen live projects in which ConFlow has been asked to participate or take the lead. ConFlow has been advancing its Battery/Ware device and streamlining the Power as a Service (PaaS) technology to fit all components into the newly designed streetlights. These have been constructed in collaboration with its many international partners. ConFlow's lighting...
PR Newswire
31/03/2020

ERIELL Group Provides 2019 Operational Update and Projections for 2020

Vitaly Dokunikhin, First Deputy Chairman of the Board of ERIELL Group and CEO of ERIELL Russia, said: Vitaly Dokunikhin, First Deputy Chairman of the Board of ERIELL Group and CEO of ERIELL Russia, said: "We are very pleased with our execution as a team in 2019 and expect a good performance in 2020. "We have a heavy involvement now in the gas sector where we have a competitive advantage and which experiences a bit less volatility than the oil sector. "To maintain our place…
PR Newswire
31/03/2020

Regarding approval of the official tender offer circular of Ignitis Gamyba…

AB “Ignitis gamyba” (hereinafter referred to as the Company and GEN) company code 302648707, registered office at Elektrinės st. 21, Elektrėnai. The total number of registered ordinary shares issued by the Company is 648 002 629; ISIN code LT0000128571. Ignitis Group informs that on 30 March 2020 the Supervision Service of the Bank of Lithuania approved non-competitive official tender offer circular regarding the shares of Ignitis Group's subsidiary AB Ignitis Gamyba. Circular was approved...
Nasdaq GlobeNewswire
31/03/2020

Information regarding the measures adopted by McPhy within the context of the…

Press release Information regarding the measures adopted by McPhy within the context of the Covid-19 pandemicLa Motte-Fanjas (France), March 30, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329)is a specialist in hydrogen production and distribution equipment.Faced with the Covid-19 pandemic, McPhy has been determined to act as soon as possible by adopting the appropriate decisions to ensure that all its employees, clients and partners are protected...
Nasdaq GlobeNewswire
30/03/2020

Shell exits proposed Lake Charles LNG project

"This decision is consistent with the initiatives we announced last week to preserve cash and reinforce the resilience of our business," said Maarten Wetselaar, Director, Integrated Gas and New Energies, Shell. "Whilst we continue to believe in the long-term viability and advantages of the project, the time is not right for Shell to invest. Through the transition, we will work closely with Energy Transfer." "This decision is consistent with the initiatives we announced…
PR Newswire
30/03/2020

Aker Solutions Secures Brownfield Services Contract in Brunei

The name of the new entity is PTAS Aker Solutions Sdn Bhd. The joint venture will ensure continuity of delivery to BSP and has a strong local execution capability, combined with the full value of Aker Solutions' international expertise. The work will be managed from PTAS Aker Solutions Sdn Bhd's office in Kuala Belait, Brunei Darussalam. The name of the new entity is PTAS Aker Solutions Sdn Bhd. The joint venture will ensure continuity of delivery to BSP and has a strong local execution...
PR Newswire
30/03/2020
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