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...

2021-09-06 09:00 2879

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...

2021-09-03 17:00 9732

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 ...

2021-09-03 05:26 1923

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...

2021-09-02 17:30 2188

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 ...

2021-09-02 03:56 2168

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...

2021-09-01 18:54 5519

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...

2021-08-31 18:24 1101

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...

2021-08-31 12:50 2347

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 has appointed Electrotrade Industries Inc. as an exclusive distributor for its xEnergy switchboard system inthe Philippines. IEC and IEE standards compliant, xEnergy solutions can ...

2021-08-31 11:00 1757

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...

2021-08-30 08:18 3208

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...

2021-08-26 16:35 2601

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...

2021-08-25 21:30 3000

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...

2021-08-24 21:13 7847

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...

2021-08-24 15:00 1440

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...

2021-08-23 16:39 2385

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...

2021-08-23 08:00 3989

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...

2021-08-23 07:00 2380

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...

2021-08-20 15:22 11472

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...

2021-08-19 21:30 2172

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...

2021-08-19 20:32 6185
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