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Study: Humans Responsible for Over 90% of World’s Oil Slicks

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(FSU, 16.Jun.2022) — A team of U.S. and Chinese scientists mapping oil pollution across the Earth’s oceans has found that more than 90% of chronic oil slicks come from human sources, a much higher proportion than previously estimated. Their research, published in Science, is a major update from previous investigations into […]

SSR Mining Reveals Normal Course Issuer Bid

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(SSR Mining, 16.Jun.2022) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) has filed with and received acceptance from the Toronto Stock Exchange (TSX) for a Notice of Intention to make a Normal Course Issuer Bid (“NCIB”) under the requirements of the TSX permitting SSR Mining to purchase for cancellation up […]

Frontera Provides Update on Exploration Block Offshore Guyana

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(Frontera, 16.Jun.2022) — Frontera Energy Corporation (TSX: FEC), joint venture partner with CGX Energy Inc. (TSXV: OYL) in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that, following constructive discussions with the government of Guyana, the joint venture will focus exclusively on the exploration opportunities in the Corentyne […]

Nucor Expects Record 2Q:22 Quarterly Earnings

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(Nucor, 15.Jun.2022) — Nucor Corporation (NYSE: NUE) announced guidance for its second quarter ending 2 July 2022. Nucor expects second quarter earnings to be in the range of $8.75 to $8.85 per diluted share, which would surpass the previous quarterly earnings record of $7.97 per diluted share set in the fourth quarter of 2021. Nucor reported net […]

JinkoSolar Reveals its First Overseas “RE100 Factory” Completely Powered by RenewablesïżŒ

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(JinkoSolar, 15.Jun.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its Malaysia factory has become its first overseas “RE100 factory” fully powered by renewables. 100% of the electricity consumed in production and operation activities supporting roughly 7GW vertically integrated […]

BHP to Retain New South Wales Energy Coal

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(BHP, 15.Jun.2022) — BHP will retain New South Wales Energy Coal (NSWEC) in its portfolio, seek the relevant approvals to continue mining beyond its current mining consent that expires in 2026 and proceed with a managed process to cease mining at the asset by the end of the 2030 financial […]

GoldMining Options The Almaden Property to NevGold for $16.5mn

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(GoldMining, 14.Jun.2022) — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) entered into an option agreement (the “Option Agreement“) with NevGold Corp. and its subsidiary (“NevGold“; (TSXV: NAU) whereby NevGold’s subsidiary may acquire a 100% interest in the company’s Almaden Project, located in Idaho, U.S.A. The Agreement provides for total cash and/or share consideration to […]

Adani and TotalEnergies to Create World’s Largest Green Hydrogen Ecosystem

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(Adani Group, 14.Jun.2022) — Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The […]

Aker Solutions and Aker BP Secure New, Future-Oriented Offices in Stavanger

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(Aker Solutions, 14.Jun.2022) — Aker BP and Aker Solutions signed a long-term agreement with owner and real estate developer Hinna Park Utvikling (HPU) for modern and energy-efficient office buildings in Stavanger from 2024/2025. The new office complex will be located seaside near the leaning tower in JĂ„ttĂ„vĂ„gen. The total construction […]

NRGBriefs: Atlas Expands Wind Portfolio in Brazil

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(Energy Analytics Institute, 14.Jun.2022) — Energy briefs including Atlas Renewable Energy expanding its wind portfolio by acquiring a project from Voltalia in Brazil; Kootenay Silver (TSXV: KTN) announcing JV operator Aztec Minerals Corp. (TSXV: AZT) has reported the final gold and multi-element results for the Cervantes Project 2021-2022 Reverse Circulation (RC) Phase 2 drill program […]

Freeport LNG Targets Partial Ops in 90 Days; 100% in Late 2022

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(Freeport LNG, 14.Jun.2022) — Freeport LNG Development, L.P. is providing the following update on the June 8 incident at its Quintana Island liquefaction facility: At approximately 11:40AM CT on 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas that resulted in the release of LNG, leading to the formation and ignition of a […]

B2Gold Releases Annual Responsible Mining Report Dubbed Raising the Bar

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(B2Gold Corp., 13.Jun.2022) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) published its sixth annual Responsible Mining Report entitled “Raising the Bar” (the “Report”), which details B2Gold’s global economic contributions and its environmental, social, and governance management practices, together with the company’s performance against key indicators in 2021. […]

Sercel Equips New Vessel in South Korea with Marine Acquisition System

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(CGG, 13.Jun.2022) — CGG announced today that Sercel has sold a complete marine seismic acquisition system to HJ Shipbuilding & Construction, a South Korean shipbuilding leader. The contract calls for the supply of a Seal 428 recording system, including SentinelÂź streamers, a NautilusÂź streamer positioning system, and G-Source II high-performance […]

Shell plc 1Q:22 Euro and GBP Equivalent Dividend Payments

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(Shell, 13.Jun.2022) — The Board of Shell plc announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2022 interim dividend, which was announced on May 5, 2022 at US$0.25 per ordinary share. Shareholders have been able to elect to receive their dividends in US […]

bp Reshapes Canada Portfolio for Future Growth

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(bp, 13.Jun.2022) — bp will increase its acreage position offshore Eastern Canada and sell its 50% non-operated interest in the Sunrise oil sands project in an agreement reached with Calgary-based Cenovus Energy. Total consideration for the transaction includes C$600mn (Canadian dollars) cash, a contingent payment with a maximum aggregate value of […]

QatarEnergy Selects TotalEnergies for NFE Expansion Project

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(QatarEnergy, 12.Jun.2022) — QatarEnergy has selected TotalEnergies as its first international partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry. The announcement comes at the conclusion of a competitive process that started in 2019 to select QatarEnergy’s international partners […]

Siemens Gamesa Clocks Deal for Platform in India with Vena Energy

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(Siemens Gamesa, 10.Jun.2022) — Siemens Gamesa signed a deal with Vena Energy to supply its industry leading 3.X platform turbines to a 133 MW wind project in Koppal District, Karnataka, India. In total, the company will deliver 37 SG 3.6-145 wind turbines for this project with installation expected during Siemens […]

Petrobras on BODs Meeting About CEO

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(Petrobras, 9.Jun.2022) — Petrobras, regarding the news published in the media, clarifies that, yesterday, there was a meeting of the Board of Directors (BD), in which, among other topics, the Federal Government’s request for replacement of the company’s CEO was discussed, through an official letter from the Ministry of Mines […]

Low-carbon Hydrogen Demand in Refining Could Reach 50 Mtpa by 2050

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(WoodMac, 9.Jun.2022) — Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).  Oil refining is one of the largest markets for hydrogen, accounting for about 32 Mtpa or 30-35% of global […]

Eni to Join Exxon, Total, Shell, Conoco in Qatar’s mega-LNG Expansion

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(Reuters, 8.Jun.2022) — Italian producer Eni (ENI.MI) has been picked, along with another four oil majors, by Qatar as partners in the near $30 billion expansion of the world’s largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Wednesday. Exxon Mobil Corp (XOM), TotalEnergies SE (TTEF.PA), Shell (SHEL.L), ConocoPhillips (COP.N) and Eni will participate in the North Field […]

QatarEnergy and Chevron Awarded Early Site Work for RLPP

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(QatarEnergy, 8.Jun.2022) — QatarEnergy and Chevron Phillips Chemical Company (CPChem) have announced awarding the early site works contract for the Ras Laffan Petrochemical Project (RLPP), marking the commencement of execution of the RLPP. Consolidated Contractors Company (CCC) has been selected as the contractor to undertake this work and was awarded […]

Shell Launches Residential Power Brand Shell Energy, Enters Texas Market

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(Shell, 7.Jun.2022) —Shell announced the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions the company now offers 100% renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans while […]

Aspen Aerogels, Inc. Provides Business Update

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(Aspen Aerogels, 6.Jun.2022) — Aspen Aerogels, Inc. (NYSE: ASPN) provided an update on recent developments with its business, as well as an update on its financial outlook for fiscal year 2022 as a result of these developments. Recent Developments Increased visibility to expected order volume for 2022 from General Motors and […]

Frontera Reveals CFO Transition, Changes To Committee Membership

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(Frontera, 3.Jun.2022) — Frontera Energy Corporation (TSX: FEC) announced today that Mr. RenĂ© Burgos DĂ­az, who was until today a director of the company, has been appointed the Chief Financial Officer of the company effective June 3, 2022. He replaces Mr. Alejandro Piñeros, who is stepping down as Chief Financial Officer […]

Canacol Energy Provides May Gas Sales

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(Canacol Energy, 3.Jun.2022) — Canacol Energy Ltd. (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provided the following information concerning its May 2022 natural gas sales and the results of the Alboka 1 exploration well, along with near term drilling plans. Gas sales averaged 189 MMscfpd for May 2022Realized contractual natural gas sales (which are […]

GoldHaven Provides Exploration Update on Pat’s Pond

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(GoldHaven Resources, 3.Jun.2022) — GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) provides an update on the ongoing exploration activities on Pat’s Pond in the Central Newfoundland Gold Belt (“CNGB”).”We have received our exploration permits for Pat’s Pond and are thrilled to have begun our second exploration campaign on the […]