Saturday, 22 February 2025

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Baker Hughes Company Announces Third-Quarter 2024 Results

 Third-quarter highlights Orders of $6.7 billion, including $2.9 billion of IET orders.RPO of $33.4 billion, including record IET RPO of $30.2 billion.Revenue of...

'Green' hydrogen is at a relatively early stage of development and requires substantial investment (AFP)
AnalysisBusinessCoalEconomyElectricityFuelHydrogenNatural GasNewsOilPolitics

Windfall tax backlash menaces Spain’s green energy sector

Spain's government has infuriated banking and energy giants by wanting to maintain a windfall tax on them, threatening crucial investments for the country's...

A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/ File Photo
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Repsol freezes green hydrogen projects in Spain

MADRID (Reuters) – Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350...

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Baker Hughes, Repsol to Develop Next Generation Digital Capabilities Through Leucipa™

Companies will develop new AI-powered processes and workflows to achieve further optimization in oil and gas production Knowledge sharing will enhance Leucipa’s capabilities...

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Heelstone Renewable Energy, a Qualitas Energy company, reinforces growth with strategic hires

The financial team, investment team, and EPC team—critical to the company’s operational success—will be strengthened Heelstone holds an extensive portfolio comprising solar PV...

News Release

Peyto Reports Second Quarter 2024 Results

CALGARY, Alberta, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating...

News Release

Beam Global Signs First European Distribution Agreement

Geci Group will sell Beam Global Products in Spain, Portugal and the Spanish Speaking CaribbeanSAN DIEGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Beam...

Carbon ManagementElectricityFuelNewsPoliticsRegulationsStorage

Indonesia aims to accelerate carbon storage sector development

Indonesian government aims to accelerate development of a carbon capture and storage industry to help fight climate change

FILE PHOTO: A man stacks gas canisters in a street stall, as Venezuela prepares for presidential elections, in Caracas, Venezuela July 20, 2024. REUTERS/Gaby Oraa/File Photo
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Analysis: Whoever wins election, Venezuela faces natural gas problem

Venezuela faces critical gas shortages despite vast reserves, with upcoming elections intensifying debate over privatization and investment to revive production.

FILE PHOTO: A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/File Photo
BusinessFinanceFuelInfrastructureLiquefied Natural GasNewsOilPoliticsRegulationsUtilities

Repsol in talks to merge UK North Sea operations with NEO, sources say

Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources...

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