Energy - Press Releases

OSLO, Norway, Feb. 13, 2025 /PRNewswire/ -- Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of clean gaseous energy reported revenues of NOK 1 533 million for fourth quarter 2024 (Q4'23: 1 272 million). The reported EBITDA was NOK 257 million (Q4'23: NOK 99 million), resulting in a 17% EBITDA margin (Q4'23: 8%).

FORNEBU,Norway, Feb. 13, 2025 /PRNewswire/ -- Aker Horizons ASA (OSE:AKH), a developer of green energy and industry, today announced results for the fourth quarter 2024. Aker Horizons' net capital employed stood at NOK 5.9 billion, a decrease of NOK 0.2 billion from the third quarter, mainly reflecting AKH's share of results in the portfolio companies in Q4. The company reported a cash position of NOK 2.9 billion and an undrawn credit facility of EUR 500 million, giving available liquidity of NOK 8.8 billion.

FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ --

FORNEBU,Norway, Feb. 13, 2025 /PRNewswire/ -- Aker Carbon Capture ASA (ACC ASA) ended the fourth quarter 2024 with NOK 4.6 billion in cash and a equity position at NOK 5.5 billion. The Company reported net profit of NOK 21 million in the quarter.

FORNEBU,Norway, Feb. 13, 2025 /PRNewswire/ -- Aker Horizons ASA (OSE:AKH), a developer of green energy and industry, today announced results for the fourth quarter 2024. Aker Horizons' net capital employed stood at NOK 5.9 billion, a decrease of NOK 0.2 billion from the third quarter, mainly reflecting AKH's share of results in the portfolio companies in Q4. The company reported a cash position of NOK 2.9 billion and an undrawn credit facility of EUR 500 million, giving available liquidity of NOK 8.8 billion.

FORNEBU,Norway, Feb. 13, 2025 /PRNewswire/ -- Aker Carbon Capture ASA (ACC ASA) ended the fourth quarter 2024 with NOK 4.6 billion in cash and a equity position at NOK 5.5 billion. The Company reported net profit of NOK 21 million in the quarter.

FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ --

HELSINKI, Feb. 13, 2025 /PRNewswire/ --

Outokumpu Corporation Press release/Investor News February 13, 2025 at 8.50 am EET

XUZHOU, China, Feb. 13, 2025 /PRNewswire/ --XCMG Crane, a global leader in heavy machinery, has shipped a series of high-value equipment to international clients since the beginning of the year, marking a solid start to 2025 and reinforcing its expanding footprint in the global market.

LONDON, Feb. 13, 2025 /PRNewswire/ -- ION Commodities, a global leader in energy and commodity management solutions, announces its strategic partnership with Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes. As a technology partner in Avalara's Partner Program, ION Commodities' solutions will standardize integration with Avalara's AvaTax for Energy tax engine solution to address the complexities of tax compliance in energy trading and logistics.

Global Financial Market Review (GFM) is a dedicated online news aggregation portal specializing in financial market news and industry updates. It combines original editorials with curated content from global news providers, reaching over 14 million readers annually. With a focus on reliability and depth, GFM has positioned itself as a trusted source in the financial sector, boasting a strong social media presence with over 180,000 Twitter followers.

NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The globalcarbon capture and storage (CCS) market size is estimated to grow by USD 15.83 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost26.6% during the forecast period. Dependence on fossil fuels for generation of electricityis driving market growth,with a trend towardsgrowing popularity of carbon capture and storage projects in developing nations. However,risks associated with carbon capture and storage poses a challenge. Key market players include Air Products and Chemicals Inc., Aker Solutions ASA, Babcock and Wilcox Enterprises Inc., Chevron Corp., ENGIE SA, Enhance Energy Inc., Eni SpA, Equinor ASA, Exxon Mobil Corp., Fluor Corp., General Electric Co., Hitachi Ltd., Linde Plc, Mitsubishi Heavy Industries Ltd., Occidental Petroleum Corp., Schlumberger Ltd., Shell plc, Siemens AG, and Sulzer Ltd..

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AMSTERDAM, Feb. 12, 2025 /PRNewswire/ -- Zerova, a leading provider of DC charging solutions, and Go Eve, an innovator in electric vehicle (EV) charging technology, have partneredto delivera smarter, more efficientEV chargingexperience. This collaboration combines Zerova's advanced DS Series rapid chargers with Go Eve's groundbreaking DockChaintechnology, setting a new benchmark in deployingEV charging infrastructure.

CONSHOHOCKEN, Pa., Feb. 11, 2025 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its fourth quarter and full year 2024 earnings release and investor call.

BETHESDA, Md., Feb. 11, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE America: LEU) today announced that management will participate in the following upcoming conferences:

HOUSTON, Feb. 11, 2025 /PRNewswire/ -- Chord Energy Corp. (Nasdaq: CHRD) ("Chord" or the "Company") plans to announce its fourth quarter and year end 2024 financial and operating results on Tuesday, February 25, 2025 after market close. The Company will host a live webcast and conference call on Wednesday, February 26, 2025 at 10:00 a.m. Central.

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The globalmicrogrid market size is estimated to grow by USD 41.38 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.4% during the forecast period. Growing demand for microgrids to tackle power infrastructure issuesis driving market growth,with a trend towardsrapid advances in technology. However,high implementation costs poses a challenge. Key market players include ABB Ltd, Anbaric Development Partners LLC, Canopy Power, Eaton Corp., Emerson Electric Co., Exelon Corp., General Electric Co., General MicroGrids, Gram Power (India) Pvt. Ltd., Honeywell International Inc., Pareto Energy, Power Analytics Corp., Powerhive Inc., S and C Electric Co., Schneider Electric SE, Siemens AG, Spirae LLC, Tesla Inc., TotalEnergies SE, and UL Solutions Inc..

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The agriculturalbiologicals market and it is set to grow by USD 14.76 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of almost 15.4% during the forecast period, according to Technavio. The agricultural biologicals market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Agrinos AS, Andermatt Group AG, BASF SE, Bayer AG, Biological Products Industry Alliance, Certis USA LLC, Evogene Ltd., Gowan Co., Koppert, Novozymes AS, PI Industries Ltd., Pro Farm Group Inc., PROBELTE SAU, SEIPASA SA, SOM Phytopharma India Ltd., Syngenta Crop Protection AG, T.Stanes and Co. Ltd., UPL Ltd., Valent BioSciences LLC, and Vegalab SA are some of the major market participants -.To know about the vendor offerings - Request a sample report

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NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The fired heaters market and it is set to grow by USD 171.3 million from 2025 to 2029. However, the growth momentum will progressing at aCAGR of about 3.4% during the forecast period, according to Technavio. The fired heaters market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Air Industrie Thermique, Boustead Singapore Ltd., ComEnCo Inc., Esteem Projects Pvt. Ltd., Exotherm Corp., G.C. Broach Co., Hastings HVAC Inc., Kilburn Engineering Ltd., Linde Plc, Optimized Process Furnaces, Petrosadid Group, Pirobloc S.A, SCANDIUZZI STEEL CONSTRUCTIONS, Sigma Thermal Inc., Stelter and Brinck Ltd., TechEngineering S.r.l., Thermax Ltd., Tulsa Heaters Midstream, UnitBirwelco Ltd., and Westinghouse Air Brake Technologies Corp. Are some of the major market participants -.To know about the vendor offerings - Request a sample report

Fuel supply agreement strengthens reliability, lowers costs, and powers growth

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The duplex stainless steel pipe market and it is set to grow by USD 166.6 million from 2025 to 2029. However, the growth momentum will progressing at aCAGR of 4.4% during the forecast period, according to Technavio. The duplex stainless steel pipe market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Acerinox SA, Allegheny Technologies Inc., Aperam SA, ArcelorMittal SA, Carpenter Technology Corp., Centravis Production Ukraine PJSC, Continental Steel and Tube Co., Daido Steel Co. Ltd., JFE Holdings Inc., Jindal Steel and Power Ltd., JSW Group, Metline Industries, Nippon Steel Corp., Outokumpu Oyj, POSCO holdings Inc., Rolled Alloys Inc., Sandvik AB, Tata Steel Ltd., thyssenkrupp AG, and Tubacex SA are some of the major market participants -.To know about the vendor offerings - Request a sample report

NEW YORK, Feb. 11, 2025 /PRNewswire/ --Report on how AI is redefining market landscape - The ethylene acrylic acid copolymer market and it is set to grow by USD 299.8 million from 2025 to 2029. However, the growth momentum will progressing at aCAGR of over 11.4% during the forecast period, according to Technavio. The ethylene acrylic acid copolymer market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.Angene International Ltd., Arkema, BYK Chemie GmbH, Exxon Mobil Corp., Honeywell International Inc., Jiangsu Victory Chemical Co. Ltd., LyondellBasell Industries NV, Michelman Inc., Nanjing Tianshi New Material Technology Co. Ltd., NIPPON SHOKUBAI CO. LTD, NSB Polymers GmbH, Parchem Fine and Specialty Chemicals Inc., Qingdao Hairuite Chemical Material Co. Ltd., Shanghai Songhan Plastic Technology Co. Ltd., Sigma Aldrich Chemicals Pvt. Ltd., SK Chemicals Co. Ltd., SNP Inc., Ter Group, The Dow Chemical Co., and Thermo Fisher Scientific Inc. Are some of the major market participants -.To know about the vendor offerings - Request a sample report