Oil/Energy

Sasol delivered a good set of results for the six months ended 31 December 2020

JOHANNESBURG, Feb. 22, 2021 /PRNewswire/ -- Sasol delivered a good set of results for the six months ended31 December 2020. Our earnings increased by more than 100% to R15,3 billion from R4,5 billion in the prior period. Despite a 23% decrease in the rand/barrel oil price, our adjusted EBITDA de...

2021-02-22 15:21 4572

Pylontech Meets Booming Global Energy Storage Demand with Dedicated Innovative R&D

SHANGHAI, Feb. 22, 2021 /PRNewswire/ -- One of the world's leading providers of Energy Storage System (ESS) solutions Pylon Technologies Co., Ltd. ("Pylontech" or the "Company"), has announced that despite a tight schedule, they are on track with the plan to expand to 4GWh within three years. <...

2021-02-22 15:00 3745

CNOOC Limited Announces a Large-sized Oil and Gas Discovery of Bozhong 13-2 in Bohai

HONG KONG, Feb. 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay. The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bo...

2021-02-22 12:04 4227

XCMG Creates Strong Partnership with Tsingshan Group to Build New Energy Base for NEV R&D and Production

XUZHOU, China, Feb. 19, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) is joining hands with Tsingshan Holding Group, the world's biggest stainless steel producer with a focus on new energy, to invest5.5 billion yuan (US$852.85 million) in establishing the XCMG ...

2021-02-19 21:00 7361

Fusion energy start-up HB11 Energy launched to accelerate German-Australian physicist Heinrich Hora's vision of clean, safe and abundant fusion energy

* HB11 Energy raised $A 4.6M in an over-subscribed pre-seed financing round. * HB11 Energy has launched its experimental program developing a new source of clean, safe and reliable electricity using the fusion hydrogen and boron-11 (the HB11 reaction). * New on the board: German entrepreneur...

2021-02-19 17:00 4263

mPrest Collaborates with Microsoft to Empower the Digital Transformation of the Energy Industry

mPrest software applications on Microsoft Azure will leverage advanced cloud capabilities and ‎technologies to empower digital transformation of the energy industry and global transition toward zero emissions ‎ TEL AVIV,  Israel, Feb. 19, 2021 /PRNewswire/ -- mPrest announc...

2021-02-19 00:45 3429

LF Energy Partners with Sony Computer Science Laboratories to Launch Open-Source Microgrid Project

Hyphae Web Services will automate peer-to-peer renewable energy distribution SAN FRANCISCO, Feb. 16, 2021 /PRNewswire/ -- LF Energy, a Linux Foundation nonprofit seeking to accelerate the energy transition of the world's grids and transportation systems through open source, along with its newest ...

2021-02-16 22:00 4591

Oil & Gas IoT Core Analytics Service Revenues to Grow to US$712 Million in 2026

LONDON, Feb. 16, 2021 /PRNewswire/ -- The Oil & Gas (O&G) IoT Analytics market garners heavy investment, yet it is deeply challenged by complex system integrations, siloed data, and  Supervisory Control and Data Acquisition (SCADA) management systems. In-house analytics is no longer a sustainab...

2021-02-16 17:00 5177

Agreement Between Maire Tecnimont Group and Essential Energy USA Corp for a New Renewable Diesel Biorefinery in South America

ROME, Feb. 16, 2021 /PRNewswire/ -- Maire Tecnimont S.p.A., through its subsidiaryNextChem and Essential Energy USA Corp. today have executed a Front-End Engineering Design contract as well as a Memorandum of Understanding for the construction of a new biorefinery inSouth America for the producti...

2021-02-16 01:37 2252

ZIM and Seaspan Announce Strategic Chartering Agreement for LNG-Fueled Vessels

HAIFA, Israel and LONDON, Feb. 13, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM"), and Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), announced today a strategic agreement for the long-term charter of ten 15,000 TEU liquefied ...

2021-02-13 01:33 9577

Venture Global LNG Closes $500 Million Term Loan with Leading Global Banks

ARLINGTON, Va., Feb. 11, 2021 /PRNewswire/ -- Venture Global LNG, Inc. announced today that it has closed a$500 million term loan with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc,Mizuho Bank, Ltd., and Bank of America N.A.  The proceeds will be used to fund pre-FID construction ...

2021-02-11 23:22 5535

Idaho National Laboratory validates 1000 charge-discharge cycles from Zenlabs' Silicon anode-based Lithium-ion cells

FREMONT, Calif., Feb. 11, 2021 /PRNewswire/ -- Zenlabs Energy, an advanced lithium-ion cell company, announced that Idaho National Laboratory (INL) has successfully tested over 1,000 charge-discharge cycles from their high-energy Silicon anode pouch cells. Zenlabs is the recipient of $4.8 million...

2021-02-11 18:00 6866

National Grid ESO Announce Highly Successful Results Of Arenko Pioneered Reserve From Storage Trial

£195m potential annual savings available for end consumers by using batteries Unlocks pathway to a zero-carbon electricity grid in 2025 National Grid ESO confirms ambition to procure Reserve from batteries going forward LONDON, Feb. 11, 2021 /PRNewswire/ -- Arenko, a leading software platform ...

2021-02-11 15:00 5474

Frost & Sullivan Experts to Analyze Economic Outlook of a Post-pandemic 2021

Upcoming webinar to outline top 2021 predictions and growth opportunities expected to transform the global economic landscape SANTA CLARA, Calif., Feb. 11, 2021 /PRNewswire/ -- The global economy went through an extremely turbulent phase in 2020 due to worldwide lockdowns, a crash in oil prices,...

2021-02-11 05:36 3072

THE INAUGURAL VIRTUAL RESET 2021 CONFERENCE "Themed Re-Imagining Malaysia Assets (RESET)"

KUALA LUMPUR, Malaysia, Feb. 10, 2021 /PRNewswire/ --  The inaugural Re-Imagining Malaysia Assets (RESET) 2021, a technology-based conference hosted by PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a subsidiary of PETRONAS, is set to take place virtually from 5 -8 April 2021. The event is organi...

2021-02-10 16:19 3104

CPS Energy Launches Community Dialogue About Its Flexible Path Resource Plan, Including A Focus On Coal

SAN ANTONIO, Feb. 9, 2021 /PRNewswire/ -- CPS Energy, the largest municipally owned electric and natural gas company inthe United States, is launching a community-wide dialogue about future paths it could pursue to powerSan Antonio, Texas, the nation's 7th largest city.

2021-02-10 01:00 3148

Sasol reuses wax from spent catalysts as part of commitment to responsible production and consumption

JOHANNESBURG, Feb. 9, 2021 /PRNewswire/ -- In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts. Since the GrnCat plant was commissioned ...

2021-02-09 21:52 5898

Arctech Obtains the First IEC Certification for Its Innovative SkySmart II

SHANGHAI, Feb. 9, 2021 /PRNewswire/ -- Arctech Solar, a leading tracking, racking and BIPV solutions provider, has recently obtained the IEC certification for its signature SkySmart II, making the 2P architecture the world's first IEC certified tracker with a synchronous multi-point driving syst...

2021-02-09 21:50 2542

39 Outstanding Jereh Staff Rewarded with Automobiles

YANTAI, China, Feb. 9, 2021 /PRNewswire/ -- 2020 Jereh Golden Key Car Award  ceremony was held at Jereh headquarters of Yantai and 39 outstanding employees received cars. By now, the award has been issued for 13 years, with a total of 407 cars worth56 million Yuan.

2021-02-09 19:18 2412

Air Liquide and Siemens Energy to develop a large scale electrolyzer partnership for sustainable hydrogen production

* Both companies to initiate a European ecosystem for electrolysis and hydrogen technology * Franco-German cooperation supported by French and German Governments * Large hydrogen projects identified to lay the ground for industrial scale electrolyzer systems, one of these opportunities is th...

2021-02-09 14:40 4242

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