Oil/Energy
Toshiba to Increase Production of Polymer Housed Surge Arresters
KAWASAKI, Japan, Sept. 6, 2021 /PRNewswire/ -- Toshiba Energy Systems & Solutions Corporation (hereinafter "Toshiba ESS") today announced that its current product capacity of polymer housed surge arresters (*1) will be nearly tripled byApril 2022. Toshiba ESS is manufacturing a surge arrester whi...
LONGi Announces 2021 Interim Results
XI'AN, China, Sept. 3, 2021 /PRNewswire/ -- On August 31, LONGi announced its financial results for the first half of 2021. Revenue rose to35.098 billion yuan , an increase of 74.26% compared to the same period of last year. Net profit attributed to shareholders reached4.993 billion yuan, up 21.30...
Shell Identifies Damage to WD-143 from Hurricane Ida in the Gulf of Mexico
HOUSTON, Sept. 3, 2021 /PRNewswire/ -- Shell Offshore Inc. (Shell), a subsidiary ofRoyal Dutch Shell plc, conducted an initial flyover of our assets in the path of Hurricane Ida. During this initial flight, we observed damage to our West Delta-143 (WD-143) offshore facilities. When it is safe to ...
Venture Global LNG and PGNiG Finalize Expansion of LNG Partnership
Venture Global set to become America's top LNG supplier to Poland WARSAW, Poland, Sept. 2, 2021 /PRNewswire/ -- Today, Venture Global LNG and PGNiG (Polish Oil and Gas Company) finalized an agreement under which PGNiG will purchase an additional 2 million tonnes per annum (MTPA) of liquefied nat...
Fuel Cell Trucks Market Gains Momentum as Auto Industry Embraces a Hydrogen Economy Transition
The prospect of fuel cell trucks in hydrogen economies is intriguing to companies pursuing zero-emission mobility solutions, says Frost & Sullivan SANTA CLARA, Calif., Sept. 2, 2021 /PRNewswire/ -- Countries' commitments to climate change and to reduce carbon emissions have driven the automotive ...
SKF acquires lubrication filtration business
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ -- SKF has completed the acquisition of EFOLEX AB, aGothenburg-based manufacturer of the Europafilter-branded industrial lubrication and oil filtration systems. EFOLEX offers offline filtration systems used in process manufacturing and energy industri...
Korea Energy Agency to hold 'Global Renewable Energy Online Business Meetings 2021'
SEOUL, South Korea, Aug. 31, 2021 /PRNewswire/ -- Korea Energy Agency (KEA), an implementing organization under Ministry of Trade, Industry and Energy Korea (MOTIE), will hold the "Global Renewable Energy Online Business Meeting 2021" on Sep. 1 - 2, 2021. KEA holds the "Renewable energy business...
The world's first fossil-free steel ready for delivery
STOCKLHOLM, Aug. 31, 2021 /PRNewswire/ -- SSAB has now produced the world's first fossil-free steel and delivered it to a customer. The trial delivery is an important step on the way to a completely fossil-free value chain for iron- and steelmaking and a milestone in the HYBRIT partnership betwee...
Eaton partners Electrotrade Industries Inc. to launch xEnergy low voltage switchgear solutions in the Philippines
SINGAPORE, Aug. 31, 2021 /PRNewswire/ -- Global power management company Eaton
Saga Pure: Second quarter 2021 financial results
OSLO, Norway, Aug. 30, 2021 /PRNewswire/ -- Saga Pure ASA (Saga Pure, OSE: SAGA) reported a net profit in the second quarter 2021 ofNOK 3.5 million (Q2 2020:NOK 47.1 million), with a year-to-date return on equity of 16.5 percent, following a positive development for the company´s investment portf...
CNOOC Limited Announces Bozhong 26-3 Oilfield Expansion Project Commences Production
HONG KONG, Aug. 26, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Bozhong 26-3 oilfield expansion project has commenced production. Bozhong 26-3 oilfield expansion project is located in the south of Bohai Sea, with average water depth...
Hudson and Sky Solar Execute Settlement Agreement
MIAMI and HONG KONG, Aug. 25, 2021 /PRNewswire/ -- Hudson Sustainable Group and affiliates (collectively, "Hudson"), and Sky Solar Holdings, Ltd. ("Sky Solar") jointly announced today that onAugust 3, 2021, Sky Solar, Hudson, and certain related parties entered into a Settlement Agreement (the "S...
Echion Technologies, Cambridge, UK, Is Pleased To Announce Completion Of £10M Series-A Funding Round
CAMBRIDGE, England, Aug. 24, 2021 /PRNewswire/ -- Echion Technologies ("Echion") is a leading developer of next generation materials for Lithium-Ion batteries. Its products deliver a unique combination of fast-charging capability, cost-effectiveness, and high energy density; vital for the world's...
SEforALL and Google to Launch New Compact to Decarbonize Electricity Globally
VIENNA, Aug. 24, 2021 /PRNewswire/ -- A carbon-free electricity sector is the foundation for reaching a net-zero global economy. Electricity generates 25% of the world's greenhouse gas emissions, and is key to decarbonizing other sectors of the economy, including buildings, transport, and industr...
CNOOC Limited Announces Luda 6-2 Oilfield Commences Production
HONG KONG, Aug. 23, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth of about 30 meters. In...
Risen Energy expands Power Purchase Agreement with BHP to further cut Nickel West's emissions
NINGBO, China, Aug. 23, 2021 /PRNewswire/ -- Risen Energy has expanded its 10-year renewable power purchase agreement (PPA) for their Merredin Solar Farm from 20MW to 50MW of electricity to BHP's Nickel West operations. Commencing on 1st August, the additional 30MW will be directed to BHP Nickel...
Kokam Supplies Battery Energy Storage System to Electricité De Tahiti: Virtual Synchronous Generator to Help Decarbonize Electricity Generation
* Kokam's Lithium-ion NMC battery technology cost-effectively provides high-power output to replace the network's spinning reservediesel generators SEOUL, South Korea, Aug. 23, 2021 /PRNewswire/ -- Kokam Co., Ltd, a global provider of innovative lithium-ion battery solutions and a subsidiary of...
Trina Solar sets new world record of production 210 PERC cell with efficiency reaching 23.56%
CHANGZHOU, China, Aug. 20, 2021 /PRNewswire/ -- Trina Solar's State Key Laboratory of PV Science and Technology (SKL PVST) announced its proprietary industrial larger-area210mm×210mm high-efficiency PERC solar cell in mass production, has achieved the efficiency of 23.56%, setting a new record for...
Hudson Sustainable Group in Japan Closes ¥1.4 Billion Mezzanine Facility
MIAMI, Aug. 19, 2021 /PRNewswire/ -- Hudson Sustainable Group, LLC (Hudson) announced today that it has closed a mezzanine loan facility of1.4 billion JPY with Mitsubishi HC Capital Inc. The mezzanine loan facility, which closed on July 19, 2021, is backed by Hudson's portfolio of thirty-three ope...
CRE Announces 2021 Interim Results
Results Highlights: * Profit attributable to equity holders increases 132% to HK$85.3 million (2020:HK$36.8 million). * Earnings per share at HK3.40 cents per share (2020: HK1.47 cents per share). * CRE's wind farm utilization hours increased 22% year on year to 1,190 hours. * Net asset va...
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