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Energy - Press Releases
Published on Wed 29 Jan 2025 4:56:32 UTC
GAINESVILLE, Texas, Jan. 28, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE:WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced the successful closing of a new five-year senior secured sustainability-linked credit facility ("Credit Facility"). The Credit Facility includes an initial $300 million revolving credit commitment ("Revolver") and $250 million in term loan commitments ("Term Loan"). Both the Revolver and Term Loan components feature a five-year tenor, providing the Company with enhanced long-term financial stability to execute its strategic growth plans. The Credit Facility also provides the flexibility to expand by an additional $200 million through increased commitments from new or existing lenders over the next four years, including $150 million for additional Revolver commitments and $50 million for additional Term Loan commitments.
Published on Wed 29 Jan 2025 4:56:31 UTC
VANCOUVER, BC, Jan. 28, 2025 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF)(the "Company" or "Lumina") is pleased to announce significant progress regarding power infrastructure required for the Cangrejos gold-copper project (the "Project"). The Company received approval of the definitive feasibility level designs for connection to the national grid for the future energy demand of the Project from Corporacin Elctrica del Ecuador ("CELEC") on January 15, 2025. The designs include two transformers at the La Avanzada substation dedicated to the Project and the 138 kV single circuit transmission line that will run approximately 20 kilometres from the substation to the Project. Along with these approvals, CELEC has committed to reserve the necessary area required to build the transmission infrastructure at the La Avanzada substation.
Published on Wed 29 Jan 2025 4:56:27 UTC
ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable March 6, 2025, to shareholders of record as of February 18, 2025.
Published on Wed 29 Jan 2025 4:56:24 UTC
ARLINGTON, Va., Jan. 28, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, February 28, 2025 at 10:00 a.m. Eastern Time (ET) to review its fourth quarter and full year 2024 financial results.
Published on Wed 29 Jan 2025 4:56:23 UTC
CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) today announced the pricing of its previously announced private offering of up to US$400 million of eight-year senior unsecured notes (the "New Notes"). The New Notes will be issued in the aggregate principal amount of US$400 million, and will have a maturity date of February 15, 2033 and a fixed coupon of 7.250% per annum, to be paid semi-annually. The offering of the New Notes (the "Offering") is expected to close on or about February 11, 2025, subject to customary closing conditions. The Company intends to use the net proceeds from the New Notes, at its option, to (a) redeem or repay the outstanding amount of the Company's existing 5.625% senior notes due 2025 (the "Existing Vermilion Notes") prior to or at their maturity date thereof, (b) fund a portion of the purchase price of the acquisition of Westbrick Energy Ltd. (the "Westbrick Acquisition"), (c) pay transaction fees and other costs associated with the redemption or repayment of the Existing Vermilion Notes and the Westbrick Acquisition, as applicable, (d) repay a portion of the outstanding borrowings under our credit facilities related to any of the foregoing, or (e) any combination of the foregoing.
Published on Wed 29 Jan 2025 4:56:16 UTC
DAR ES SALAAM, Tanzania, Jan. 28, 2025 /PRNewswire/ --During the Mission 300 Africa Energy Summit, The Rockefeller Foundation announced an additional US$15.9 million to support the African Development Bank Group's (AfDB) and the World Bank Group's ambitious goal of providing access to electricity to 300 million Africans by 2030. As part of the landmark gathering- hosted by the United Republic of Tanzania, African Union, AfDB, and World Bank Group- The Rockefeller Foundation intends to invest US$10 million into "Zafiri," the World Bank Group's new distributed renewable energy (DRE) investment company. With funding from The Rockefeller Foundation, RF Catalytic Capital (RFCC) is also expecting to provide up to US$2.5 million in grant funding to ODI Global Washington to develop a new fellowship program that will help African governments meet their Mission 300 commitments and US$3.4 million to Sustainable Energy for All (SEforALL) to monitor progress, implement programs across the continent, and develop new local currency financing tools.
Published on Wed 29 Jan 2025 4:56:12 UTC
HOUSTON, Jan. 28, 2025 /PRNewswire/ --McDermott International, Ltd ("McDermott" or the "Company") today announced a 125-to-1 share consolidation, also known as a reverse stock split, which will consolidate the number of the Company's Class A ordinary shares (the "Class A Ordinary Shares") outstanding as of January 28, 2025, from 3,552,951,586 Class A Ordinary Shares, par value $0.001 per ordinary share, to approximately 28,423,613 Class A Ordinary Shares, par value $0.125 per ordinary share.
Published on Wed 29 Jan 2025 4:56:08 UTC
NORTHBOROUGH, Mass., Jan. 28, 2025 /PRNewswire/ -- AspenAerogels, Inc. (NYSE: ASPN) ("Aspen"), a leading innovator and global leader in aerogel technology and high-performance aerogel insulation solutions, announced today that it has reached an agreement to resolve its patent dispute with AMA S.p.A. and AMA Composites S.r.l. (collectively, "AMA") before the Court of Genoa, Italy. This settlement concludes Aspen's legal action against AMA regarding the unauthorized sale of infringing aerogel insulation materials in Europe.
Published on Wed 29 Jan 2025 4:56:07 UTC
ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Thunder Energies Corp. (OTCBB: TNRG) today announces the successful transfer of its remaining Webstar Technology Group common shares to New York based transfer agency Vstock Transfer, LLC (www.vstocktransfer.com). These remaining Webstar Technology Group, Inc's (OTCQB: WBSR) common shares are currently being distributed by this transfer agency as a dividend distribution to all eligible Thunder Energies common shareholders who completed their share purchase prior to the previously posted September 13, 2024, market close date. Vstock Transfer has confirmed that it fully anticipates the completion of its dividend distribution on or before January 31, 2025.
Published on Wed 29 Jan 2025 4:56:03 UTC
DAR ES SALAAM, Tanzania, Jan. 29, 2025 /PRNewswire/ --During the Mission 300 Africa Energy Summit, The Rockefeller Foundation announced an additional US$15.9 million to support the African Development Bank Group's (AfDB) and the World Bank Group's ambitious goal of providing access to electricity to 300 million Africans by 2030. As part of the landmark gathering- hosted by the United Republic of Tanzania, African Union, AfDB, and World Bank Group- The Rockefeller Foundation intends to invest US$10 million into "Zafiri," the World Bank Group's new distributed renewable energy (DRE) investment company. With funding from The Rockefeller Foundation, RF Catalytic Capital (RFCC) is also expecting to provide up to US$2.5 million in grant funding to ODI Global Washington to develop a new fellowship program that will help African governments meet their Mission 300 commitments and US$3.4 million to Sustainable Energy for All (SEforALL) to monitor progress, implement programs across the continent, and develop new local currency financing tools.
Published on Wed 29 Jan 2025 4:56:00 UTC
INDIANAPOLIS, Jan. 28, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," the "Company," "we," "our" or "us") has been informed by the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") that the first tranche of approximately $782 million under the guaranteed loan facility that was previously approved for funding today, January 28, will undergo a tactical delay to confirm alignment with White House priorities. The loan facility, which closed on January 10, will fund the construction and expansion of the renewable fuels facility in Great Falls, Montana, owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet. The Company was informed that the delay should be days or weeks.
Published on Wed 29 Jan 2025 4:55:58 UTC
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The globalmetal heat treatment marketsize is estimated to grow by USD 14.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 2.5% during the forecast period. Integration of metal heat treatment processes into production lines is driving market growth, with a trend towards increasing demand forcnc-incorporated machine tools. However, growing demand for second-hand machines poses a challenge. Key market players include Advanced Heat Treat Corp., American Metal Treating Inc., Bluewater Thermal Solutions, Bodycote Plc, East-Lind Heat Treat Inc., General Metal Heat Treating Inc., Metal Heat Co. Ltd., Nabertherm GmbH, NATIONAL HEAT TREAT LLC, ONEX Corp., Pacific Metallurgical Inc, Park Ohio Holdings Corp., Peters Heat Treating Inc., SECO WARWICK SA, SEI Heat Treat, Shanghai Hedinger Heat Treatment Co. Ltd., Thermex Metal Treating Ltd, TRI-J Metal Heat Treating Inc, Unitherm Engineers Ltd., and voestalpine AG.
Published on Wed 29 Jan 2025 4:55:53 UTC
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global mechanical seals marketsize is estimated to grow by USD 1.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over5.9% during the forecast period. Growth in aftermarket sales of mechanical sealsis driving market growth,with a trend towardsemergence of additive manufacturing. However,fluctuating prices of raw materials poses a challenge. Key market players include A.W. Chesterton Co., Aesseal Plc, Anhui YALAN Seal Component Co. Ltd., Avon Seals Pvt. Ltd., Enpro Inc., Flexaseal Engineered Seals and Systems LLC, Flowserve Corp., Freudenberg and Co. KG, Hefei Supseals International Trade Co. Ltd., Hennig Gasket and Seals Inc., Leak Pack Engineering Pvt. Ltd., Meccanotecnica Umbra S.p.A., MICROTEM Srl, Ningbo Mingzhi Electronic Technology Co. Ltd., QUANTECH SEALING SYSTEMS PVT LTD, Quba Seals India Pvt. Ltd., Saisi Mechanical Seal Co. Ltd., Sinoseal Holding Co. Ltd., Smiths Group Plc, and Sulzer Ltd..
Published on Wed 29 Jan 2025 4:55:47 UTC
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global amino acid fertilizer marketsize is estimated to grow by USD 392.4 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 11.7% during the forecast period. Global initiatives to improve agricultural output in underdeveloped countries is driving market growth, with a trend towards environmental stress affecting crop yield. However, decreasing availability of arable land poses a challenge. Key market players include AGRI nova Science SA, Amega Sciences Inc., Aminocore, Futureco Bioscience SA, Gowan Co., Haifa Negev technologies Ltd., Humintech GmbH, Isagro Spa, Israel Chemicals Ltd., OMEX, Protan AG, QINGDAO FUTURE GROUP, Shanghai Tongrui Biotech Co. Ltd., SQM S.A., SOM Phytopharma India Ltd., Syngenta Crop Protection AG, Tagrow Co. Ltd., Unicrop Biochem, Uralchem JSC, and Yara International ASA.
Published on Tue 28 Jan 2025 4:46:27 UTC
"Innovative and Sustainable: The Plastics Additives Market Expands with High-Performance Solutions for Key Industries"
Published on Tue 28 Jan 2025 4:46:23 UTC
TSXV: PGZ |OTCQX: PGZFF | FRA: 2EU
Published on Tue 28 Jan 2025 4:46:15 UTC
PITTSBURGH, Jan. 27, 2025 /PRNewswire/ --"I wanted to create a tab and slot type of electrical connector pair to allow a lighting device to simply be plugged into the ceiling electrical box with the proper wiring polarization every time," said an inventor, from Brighton, Tenn., "so I invented the ELECTRICAL FIXTURE QUICK CONNECT. My design can be used with both rewiring and new work electrical installations."
Published on Tue 28 Jan 2025 4:46:11 UTC
NINGDE, Chine, 27 janvier 2025 /PRNewswire/ -- CATL et DHLGroup, le leader mondial de la logistique, ont sign un accord stratgique en vue de renforcer leur partenariat stratgique sur la rduction des missions de gaz effet de serre dans les parcs logistiques, marquant une tape cl dans l'engagement des deux parties faciliter une logistique durable l'chelle mondiale.
Published on Tue 28 Jan 2025 4:46:06 UTC
Acquisition expands Rensa's geographic reach in California and Iowa.
Published on Tue 28 Jan 2025 4:46:03 UTC
WENZHOU, China, Jan. 27, 2025 /PRNewswire/ -- ZK International Group Co., Ltd. (ZKIN) ("ZK International" or the "Company"), a leader in high-performance stainless steel and carbon steel pipe solutions, is pleased to announce a significant turnaround in its financial performance for the fiscal year ended September 30, 2024, achieving 405% increase in gross profit while also decreasing its net loss significantly by 95.44%.
Published on Tue 28 Jan 2025 4:46:00 UTC
SAN DIEGO, Jan. 27, 2025 /PRNewswire/ --Sempra (NYSE: SRE) has been named to the Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year, reflecting the company's commitment to responsible business practices that aim to reduce risk, improve operational excellence and promote financial stewardship. The DJSI North America noted Sempra outperforms its peers in several categories, including risk and crisis management, community relations and information security and cybersecurity, among other areas.
Published on Tue 28 Jan 2025 4:45:54 UTC
PITTSBURGH, Jan. 27, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today it has closed the acquisition of the natural gas upstream and associated midstream business of Apex Energy II, LLC ("Apex"), a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. ("Carnelian"), in the Appalachian Basin for total cash consideration of approximately$505million, subject to certain adjustments including an effective date of October 1, 2024.
Published on Tue 28 Jan 2025 4:45:50 UTC
IRVING, Texas, Jan. 27, 2025 /PRNewswire/ --Vistra (NYSE: VST) plans to report its full year and fourth quarter 2024 financial and operating results on Thursday, Feb. 27, 2025, during a live conference call and webcast beginning at 10 a.m. ET (9 a.m. CT).
Published on Tue 28 Jan 2025 4:45:31 UTC
DENVER, Jan. 27, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 2025.
Published on Tue 28 Jan 2025 4:45:21 UTC
, , 28 2025 . /PRNewswire/ -- 27- - ENEX 2025 - 18-19 2025 Targi Kielce. , ENEX 2025, , 350 20 000 , , . Hinen Poland RESS- Hinen A 3-A12 .
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