Gas
ADNOC Gas Delivers Record $5 Billion Net Income For 2024, Propelling Sustainable Growth Ambitions
$8.65 billion EBITDA for full year 2024, sees a rise of 14% year-on-year (YoY) Full year 2024 dividend of $3.41 billion confirmed, growing by 5% per annum Full year 2024 adjusted revenue of $24.43 billion up 7% YoY driven by greater diversified growth in the UAE economy ABU DHABI, UAE, Feb. 6, ...
2025-02-06 15:31
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Hanwha and Baker Hughes Enter into Joint Development Agreement for Ammonia Gas Turbines
* Hanwha Power Systems and Hanwha Ocean cooperate with global energy technology company Baker Hughes. * Leading the decarbonization of the hard-to-abate marine transportation sector through fuel-flexible combustion technology. SEOUL, South Korea, Feb. 3, 2025 /PRNewswire/ -- With the goal of ...
2025-02-03 15:00
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Elliott Statement on Tokyo Gas Co., Ltd.
LONDON, Feb. 3, 2025 /PRNewswire/ -- Elliott Investment Management, L.P. and Elliott Advisors (U.K.) Limited ("Elliott," or "we"), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. ("Tokyo Gas" or "the Company"), today issued the following statement: "We welco...
2025-02-03 06:00
2944
Shell completes acquisition of combined-cycle power plant in priority U.S. trading market
HOUSTON, Jan. 24, 2025 /PRNewswire/ -- Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has completed thepreviously announced 100% equity stake acquisition of RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plan...
2025-01-24 22:30
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CNOOC Limited Announces Its 2025 Business Strategy and Development Plan
HONG KONG, Jan. 22, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its business strategy and development plan for the year 2025. * Maintain stable capital expenditure, with net production set to exceed 2 mill...
2025-01-22 17:20
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CNOOC Limited Brings On-stream Dongfang 29-1 Gas Field Development Project
HONG KONG, Jan. 20, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Dongfang 29-1 Gas Field Development Project has commenced production. The project is located in the Yinggehai Basin, with an average water ...
2025-01-20 08:00
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Shell starts production at Whale in the US Gulf of Mexico
HOUSTON, Jan. 10, 2025 /PRNewswire/ -- Shell Offshore Inc. (Shell), a subsidiary of Shell plc, announced that production has started at the Shell-operated Whale floating production facility in theGulf of Mexico. Whale replicates the simplified, cost-efficient host design of the Vito platform, wh...
2025-01-10 00:00
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Ridgewood Infrastructure Announces Sale of SiEnergy Regulated Utility
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Ridgewood Infrastructure, a leading infrastructure investment firm focused on essential infrastructure in the U.S. lower middle market, today announced the successful sale of its 80% interest in SiEnergy to Northwest Natural Holding Company (NYSE: NWN). SiE...
2025-01-08 22:00
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CNOOC Limited Brings On-stream Panyu 11-12 Oilfield / Panyu 10-1 Oilfield / Panyu 10-2 Oilfield Adjustment Joint Development Project
HONG KONG, Jan. 2, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project has commenced production. The project is ...
2025-01-02 12:00
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Steelhead LNG Initiates New Legal Proceedings Against Cedar LNG in British Columbia; Receives Three New United States Patents
VANCOUVER, BC, Dec. 24, 2024 /PRNewswire/ -- Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the filing of new legal proceedings against Cedar LNG, Pembina Pipeline Corporation and ARC Resources Ltd. inBritish Columbia in relation to the Ced...
2024-12-24 11:37
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Steelhead LNG Initiates New Legal Proceedings Against Cedar LNG in British Columbia; Receives Three New United States Patents
VANCOUVER, BC, Dec. 24, 2024 /PRNewswire/ -- Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the filing of new legal proceedings against Cedar LNG, Pembina Pipeline Corporation and ARC Resources Ltd. inBritish Columbia in relation to the Ced...
2024-12-24 11:27
3158
Who Wins and Who Loses in This Changing Landscape
BEIJING, Dec. 23, 2024 /PRNewswire/ -- With the election of Donald Trump as president ofthe United States, there can be no doubt that his administration will have major implications for industrial project development at home and an impact on the global supply chain. Some changes could be felt on ...
2024-12-23 16:00
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CNOOC Limited Brings On-stream Suizhong 36-2 Oilfield 36-2 Block Development Project
HONG KONG, Dec. 23, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Suizhong 36-2 Oilfield 36-2 Block Development Project has commenced production. The project is located in Liaodong Bay of Bohai Sea, with a...
2024-12-23 08:00
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The Oscars of Smart Energy Innovation: The 4th TERA-Award is now open for application
HONG KONG, Dec. 16, 2024 /PRNewswire/ -- The 4th TERA-Award Smart Energy Innovation Competition, organised by TheHong Kong and China Gas Company Limited (Towngas) and empowered by Full Vision Capital, is now officially open for applications. The winning project will receive a grand prize of up to...
2024-12-16 21:57
2725
Venture Global's Plaquemines LNG Achieves Historic First LNG Production
America's 8th LNG export facility reaches production 30 months from FID ARLINGTON, Va., Dec. 15, 2024 /PRNewswire/ -- Today, Venture Global announced it has reached first LNG production at the company's second facility, Plaquemines LNG, inPort Sulphur, Louisiana. Achieving this milestone for a 20...
2024-12-15 03:58
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CNOOC Limited Subsidiary Signed SPA with INEOS Energy
HONG KONG, Dec. 14, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that CNOOC Energy HoldingsU.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into the Stock Purchas...
2024-12-14 10:36
5596
CNOOC Limited Brings On-stream Jinzhou 23-2 Oilfield Development Project
HONG KONG, Dec. 3, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Jinzhou 23-2 Oilfield Development Project has commenced production. The project is located in the northern part of the Bohai Sea, with an av...
2024-12-03 08:00
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CNOOC Limited Brings On-stream Huizhou 26-6 Oilfield Development Project
HONG KONG, Dec. 2, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Huizhou 26-6 Oilfield Development Project has commenced production. The project is located in the Pearl River Mouth Basin, with an average wa...
2024-12-02 08:00
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Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation
* Hanwha has signed an MOU with TC Energy, one of North America's largest natural gas pipeline operators, to develop next-generation clean power solutions. * Project aims to commercialize super-critical CO2 waste heat recovery technology in a pipeline compressor station providing zero-carbon ...
2024-11-22 09:00
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ADNOC Gas Delivers Strong Q3 Results; Board Approves Strategy Update
$1.24bn quarterly net income in Q3, up 11% YoY beating market expectations Revenues of $6.28 billion exceeding $6 billion for fourth quarter in a row Q3 results coincide with ADNOC Gas' Board approval of an updated growth strategy Updated strategy targets over 40% growth in EBITDA by 2029 and in...
2024-11-11 18:08
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