National Energy Program

CARIBBEAN UTILITIES COMPANY, LTD. (CUC) ANNOUNCES QUARTER ONE (2024) RESULTS AND STRATEGIC MILESTONES

Retrieved on: 
Thursday, May 2, 2024

Highlights for Q1 2024 were as follows:

Key Points: 
  • Highlights for Q1 2024 were as follows:
    Net Earnings for Q1 2024 totaled $6.2 million, 18% increase compared to Q1 2023.
  • 6% increase in kilowatt-hour ("kWh") sales when compared to three months ended March 31, 2023 ("First Quarter 2023" or "Q1 2023").
  • Lifecycle upgrades for first generating unit were completed and work has commenced on the second of five units planned for upgrade.
  • During the First Quarter, the Company continued to make progress on major projects that are aimed at reducing costs and carbon emissions.

CARIBBEAN UTILITIES COMPANY, LTD. (CUC) ANNOUNCES 2023 YEAR END RESULTS AND STRATEGIC MILESTONES

Retrieved on: 
Saturday, February 10, 2024

GRAND CAYMAN, Cayman Islands, Feb. 9, 2024 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC or "the Company") announced its audited results for the twelve months ended December 31, 2023 ("Fiscal 2023") (all figures are in United States Dollars).

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Feb. 9, 2024 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC or "the Company") announced its audited results for the twelve months ended December 31, 2023 ("Fiscal 2023") (all figures are in United States Dollars).
  • Lifecycle upgrades for 68MW generation are in progress with expected completion of 2 of the units (32 MW) in 2024.
  • In 2023, the Company achieved an average annual outage duration time of 1.7 hours per customer which surpasses the United States average 2022 results.
  • Capital Expenditures for Fiscal 2023 were $97.6 million, an increase of $1.8 million from capital expenditures for Fiscal 2022.

Pertamina Reaffirms its Commitment to Net Zero Emissions by 2060

Retrieved on: 
Monday, December 4, 2023

Therefore, Pertamina has developed initiatives for managing sustainability while maintaining energy security and strengthening energy equality.

Key Points: 
  • Therefore, Pertamina has developed initiatives for managing sustainability while maintaining energy security and strengthening energy equality.
  • Pertamina is carrying out three initiatives towards energy efficiency, as it is essential and more manageable for reducing emissions.
  • From these three operations through the end of last year, Pertamina successfully reduced 31 percent of emissions in its internal operations.
  • As a leading company in the energy transition sector, Pertamina is committed to supporting the 2060 Net Zero Emission target by continuing to encourage programs that directly impact the achievement of Sustainable Development Goals (SDGs).

Unifor ratifies tentative agreement to establish National Energy pattern

Retrieved on: 
Friday, December 8, 2023

CALGARY, AB, Dec. 8, 2023 /CNW/ - Representatives from Unifor's energy local unions have ratified the tentative agreement that establishes the pattern for more than 7,500 members of the union's National Energy Program.

Key Points: 
  • CALGARY, AB, Dec. 8, 2023 /CNW/ - Representatives from Unifor's energy local unions have ratified the tentative agreement that establishes the pattern for more than 7,500 members of the union's National Energy Program.
  • "I congratulate the bargaining committee on setting this new pattern for our members across the energy sector," said Lana Payne, Unifor National President.
  • The three-year pattern tentative agreement was reached between Unifor and Suncor.
  • Local unions will supplement the national pattern by bargaining specific local issues to complete the process.

Astra Energy Inc. Expands Its Presence in the African Market with Entry into Tanzania’s Energy Sector

Retrieved on: 
Tuesday, March 8, 2022

The Project Concept Note will provide salient key technical and financial parameters of the proposed project.

Key Points: 
  • The Project Concept Note will provide salient key technical and financial parameters of the proposed project.
  • Astra Energy Inc. invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is opportunity to address other imminent market needs.
  • As a publicly traded company, Astra Energy is dedicated to maximizing shareholder value.
  • In undertaking its core functions, TANESCO is guided by the National Energy Policy of 2003 and Electricity Act of 2008.

SOL: Sasol Limited - Trading Statement For The Year Ended 30 June 2021 And Restatement of Prior Year Results

Retrieved on: 
Friday, August 6, 2021

Shareholders are advised that for the 2021 financial year:

Key Points: 
  • Shareholders are advised that for the 2021 financial year:
    - Core HEPS (CHEPS***) are expected to be between R27,00 and R30,00 compared to the prior year CHEPS of R15,08.
  • The 2021 financial results were adjusted accordingly to include a provision for the potential retrospective payment obligation.
  • * The comparative information for the 2020 financial year has been adjusted for changes in the South African integrated value chain impairment assessment.
  • Further details regarding the nature of the restatements will be shared when the results for 2021 financial year are released.

Oil Prices are Expected to Rise Even as Production Ramps Up

Retrieved on: 
Tuesday, June 19, 2018

"Our updated global supply-demand balance continues to point to further declines in inventories and higher oil prices in 2H18," the bank said.

Key Points: 
  • "Our updated global supply-demand balance continues to point to further declines in inventories and higher oil prices in 2H18," the bank said.
  • While a production increase would decrease oil prices, the supply numbers are expected to be offset by increased political and economic disruptions in Venezuela and Iran.
  • Amazing Energy Oil and Gas, Co. (OTCQX: AMAZ) is an independent oil and gas exploration and production company based in Amarillo, TX.
  • Stamper Oil and Gas Corp. (OTCQB: STMGF) is an oil and gas company, engaged in the acquisition, exploration and development of conventional oil and natural gas properties.