Rystad Energy

Aker Carbon Capture awarded feasibility study for mineral production facilities in the United States

Retrieved on: 
Friday, October 6, 2023
Carbon, Government, Infrastructure Investment and Jobs Act, CO2, Inflation Reduction Act of 2022, Unitary state, Inflation, CCUS, Rystad Energy, Coal, Renewable energy

OSLO, Norway, Oct. 6, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded a feasibility study to implement carbon capture for mineral production facilities in the U.S. Midwest.

Key Points: 
  • OSLO, Norway, Oct. 6, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded a feasibility study to implement carbon capture for mineral production facilities in the U.S. Midwest.
  • The feasibility study will develop a design and cost basis for Big Catch CO2 capture and conditioning facilities.
  • "This is the third study awarded to Aker Carbon Capture in the United States this year, bringing our total CO2 emissions under study contracts to above 3 million tonnes CO2 per year in this market.
  • Aker Carbon Capture is currently delivering seven carbon capture units in Europe, with an accumulated capture capacity of 1 million tonnes CO2.

Securing Success with Patent Protection and an IP Edge

Retrieved on: 
Saturday, September 16, 2023
Hydrogen, Communication, Head Injuries, Apple Inc., Data science, Marketing, Electricity, Microsoft, Apple Watch, Computer, Patent, Investment, Risk, Iberdrola, Publishing, News, Software, Advertising, IPhone, GPS, University, Interview, Litigation involving Apple Inc., Skiing, JEV, Research, Broker-dealer, SEDAR, Apple, Growth, Use, Disclaimer, Hydrogen technologies, Carbon, Government, AAPL, Climate change, Traction, Rystad Energy, MSFT, Partnership, File, Bank statement, Information Bridge: Department of Energy Scientific and Technical Information, Crash, OTC, AI, Health, Video game, Renewable energy, Oil, Cryptocurrency, Exogen, EU, AirPods, Avangrid

That's why Jericho Energy Ventures (TSX.V: JEV) (OTC: JROOF) is thrilled to obtain patent approval for its subsidiary’s hydrogen-fueled steam boiler.

Key Points: 
  • That's why Jericho Energy Ventures (TSX.V: JEV) (OTC: JROOF) is thrilled to obtain patent approval for its subsidiary’s hydrogen-fueled steam boiler.
  • These patents not only recognize their innovations but also give them a competitive industry edge.
  • This is the third patent Hydrogen Technologies has in the pipeline as the company begins to receive initial commercial orders.
  • Apple Inc's (NASDAQ: AAPL) new patent application suggests enhancing Crash Detection accuracy by integrating multiple Apple devices, notably using motion sensors in AirPods.

HALO: Which Hydrogen Stocks Could Benefit from $1.25bn Project?

Retrieved on: 
Tuesday, August 22, 2023
Hydrogen, News, Communication, Advertising, Use, Interview, Disclaimer, Electrolysis, Marketing, Bank statement, Overalls, Fertilizer, Agriculture, Risk, CAD, CF Industries, Research, Broker-dealer, Hydrogen technologies, BUY, Government, Investment, Ammonia, Rystad Energy, HALO, OTC, SEDAR, CO2, Air Products, Growth, Heat, Transport, Publishing, CF, NYSE, NextEra Energy, Lithium, Oil, Coal, Renewable energy, Cryptocurrency, Chemical substance

HALO: Which Hydrogen Stocks Could Benefit from $1.25bn Project?

Key Points: 
  • HALO: Which Hydrogen Stocks Could Benefit from $1.25bn Project?
  • This extensive reinvestment in the hydrogen industry is what has resulted in the company backing the HALO project.
  • It's this boiler technology which Jericho is hoping can play a major part in turning the tri-state area into a hydrogen powerhouse through the HALO Hydrogen Hub project.
  • Many industry players look poised to benefit from, and contribute to, the HALO hydrogen hub if the project wins its funding.

FREYR Battery Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 10, 2023
Packaging, Technology, Manufacturing, Batteries, Alternative Energy, Energy, Online, Participation, Microsoft, McKinsey & Company, ESS, European Economic Area, Second, NYSE, Microsystems Software, Inc. v. Scandinavia Online AB, Automation, Software, EV, Capital market, Nidec, Research, LFP, Heads of terms, ETAC, Siemens, Central European, Caterpillar Inc., Cell, Rystad Energy, Battery, Engineering, Activities of Hillary Clinton subsequent to 2016, MSFT, United States Department of Energy, Partnership, GHG, Glencore, Recycling, IRA, DOE, Public expenditure, Mining, AI, TSE, Management, Renewable energy, Mobile phone, Oil, Fine chemical, Sales, Cryptocurrency, Risk management

FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2023.

Key Points: 
  • FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2023.
  • Highlights of the Second Quarter 2023 and Subsequent Events:
    In a separate press release published this morning and available on FREYR’s website, FREYR announced appointments to the Company’s senior management team and Board of Directors in accordance with an established succession plan.
  • FREYR reported a net loss attributable to ordinary shareholders for the second quarter of 2023 of $(25.3) million, or $(0.18) per diluted share compared to net income for the second quarter 2022 of $4.7 million or $0.04 per diluted share.
  • A presentation will be held today, August 10, 2023, at 8:30 am Eastern Daylight Time (2:30 pm Central European Time) to discuss financial results for the second quarter 2023.

Murphy Oil Corporation Announces Second Quarter 2023 Financial and Operating Results, Strategic Portfolio Repositioning

Retrieved on: 
Thursday, August 3, 2023
Oil, Gas, Energy, Marketing, Natural gas, Sustainability reporting, Telephone, Tax, Paon DP, GAAP, CALL, Internet, Longclaw, Acquisition, Montney, British Columbia, ESG, Terra Nova, National Oil Corporation, News, NYSE, Maintenance, Wildfire, Athabasca Oil Corporation, AECO, MP, MUR, NCI, Murphy Oil, Government, IP30, Sustainability, Rystad Energy, Depreciation, PSC, Duvernay, Placid, EDT, Public expenditure, CAPEX, EBITDA, Eagle Ford Group, Saxons, Cryptocurrency, Management, Uranium mining, Bookkeeping, Renewable energy, Commercial property, Pharmaceutical industry, Petroleum, Satellite navigation device, Gulf of Mexico, Block, John E. Simonett, Chinook, Murphy, Cholula

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2023, including net income attributable to Murphy of $98 million, or $0.62 net income per diluted share.

Key Points: 
  • Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2023, including net income attributable to Murphy of $98 million, or $0.62 net income per diluted share.
  • Second quarter production averaged 184 MBOEPD and consisted of 54 percent oil volumes, or 99 MBOPD.
  • The transaction has a March 1, 2023 effective date, with closing anticipated to occur in the third quarter of 2023.
  • Murphy accrued a total of $32 million in acquisition-related costs during the quarter, which will be paid in third quarter 2023.

Proppant Choice at the Oil Well Drives Efficient Operations: In-Basin Sand is Cheaper Upfront, but Quickly Erodes Cash Flow and Profitability

Retrieved on: 
Tuesday, June 20, 2023
Permian, Economics, Engineering, Whitesand, White, Hydrocarbon, Fracture, Sand, Rystad Energy, Natural gas, Oil

This paper suggests that Permian operators may address their productivity concerns by revisiting In-Basin Sand usage and switching back to Northern White Sand.

Key Points: 
  • This paper suggests that Permian operators may address their productivity concerns by revisiting In-Basin Sand usage and switching back to Northern White Sand.
  • Proppant sand is a technical product historically mined and processed in Wisconsin and other states in the Upper Midwest, widely known as “Northern White Sand.” “In-Basin” or “Regional” sands are alternatives typically mined and processed much closer to the wells.
  • The importance of higher sustained “conductivity,” and the economic analysis of proppant choice are highlighted.
  • The authors suggest that utilizing In-Basin Sand vs. Northern White Sand results in suboptimal cashflow and reduced long-term profitability.

2023 Louisiana Energy Conference to Be Held in New Orleans May 30 – June 1, 2023

Retrieved on: 
Wednesday, May 24, 2023
Bloomberg Television, Saint Motel, Politics, LEC, Phibro, Carbon, Harvard University, The Ritz-Carlton Hotel Company, Wind, Stockholm School of Economics, Institute for Research in Economics and Business Administration, Foreign Service, Rystad Energy, Master of Science, Partnership, ESG, Commodity, Conference, Pareto, Stockholm School (economics), Financial adviser, Nightclub, Energy, Economics, LNG, Gulf of Mexico

NEW ORLEANS, May 24, 2023 (GLOBE NEWSWIRE) -- The 2023 Louisiana Energy Conference (“LEC”) will be held in New Orleans at the Ritz-Carlton, New Orleans at 921 Canal Street May 30 – June 1, 2023.

Key Points: 
  • NEW ORLEANS, May 24, 2023 (GLOBE NEWSWIRE) -- The 2023 Louisiana Energy Conference (“LEC”) will be held in New Orleans at the Ritz-Carlton, New Orleans at 921 Canal Street May 30 – June 1, 2023.
  • LEC will feature a series of 27 panels and presentations that will address key domestic and international industry developments and topics.
  • LEC is pleased to announce that this year’s keynote speaker will be Nadia Martin Wiggen, Partner in Energy and Commodities at Pareto Securities.
  • Nadia advises companies and institutional investors within the commodities space, focusing on energy and security for Pareto Securities.

Wintermar Offshore (WINS:JK) Reports 1Q2023 Results

Retrieved on: 
Thursday, April 27, 2023
Maintenance, OSV, Optimism, Omnibus bill, Health & Other Services Personnel Trade Union of South Africa, COVID-19, WINS, Gross income, YOY, EBITDA, Depreciation, Rystad Energy, Airline, Health care, Insurance, Renewable energy, Shipbuilding

JAKARTA, Apr 27, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1Q2023.

Key Points: 
  • JAKARTA, Apr 27, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1Q2023.
  • Stronger charter rates contributed to the 51%YOY increase in total revenue to US$15.9 million and gross profit of US$3.0 million for 1Q2023.
  • Total Gross Profit jumped to US$3.0 million for 1Q2023, compared to only US$0.2 million in 1Q2022, reflecting more robust conditions in the industry.
  • Operating Profit saw a convincing turnaround for 1Q2023 at US$1.6 million, compared to a loss of US$1.4 million in 1Q2022.

ExxonMobil Guyana Advances Fifth Offshore Guyana Development

Retrieved on: 
Friday, April 28, 2023
Other Natural Resources, Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Natural Resources, Destiny, FPSO, Prosperity, Floating production storage and offloading, Research, Government, Uaru, MODEC, Rystad Energy, ExxonMobil, FPSO Noble Seillean, Renewable energy

ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals.

Key Points: 
  • ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals.
  • “Our fifth, multi-billion-dollar investment in Guyana exemplifies ExxonMobil’s long-term commitment to the country’s sustained economic growth,” said Liam Mallon, president of the ExxonMobil Upstream Company.
  • ExxonMobil is utilizing its diversified supplier base to help reduce costs and safely accelerate development in its Guyana operations.
  • Hess Guyana Exploration Ltd. holds 30% interest and CNOOC Petroleum Guyana Limited holds 25% interest.

STEP Energy Services Announces First Quarter Operational and Financial Update

Retrieved on: 
Tuesday, April 11, 2023
Permian, Natural borrowing limit, Maintenance, Life, Bank statement, STEP, Weakness, Statistics, EBITDA, Nature, Montney, British Columbia, Analysis, Rystad Energy, SEDAR, WTI, Depreciation, CCS, Weather, Growth, Adjustment, Oil, Audit, Pharmaceutical industry, Bookkeeping

CALGARY, Alberta, April 10, 2023 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the “Company” or “STEP”) is providing a first quarter 2023 operational and financial update as well as reporting continued improvement in its balance sheet.

Key Points: 
  • CALGARY, Alberta, April 10, 2023 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the “Company” or “STEP”) is providing a first quarter 2023 operational and financial update as well as reporting continued improvement in its balance sheet.
  • STEP’s Canadian operations had a robust first quarter 2023 in both fracturing and coiled tubing, leading to its best quarterly revenue performance.
  • In line with the strong operating performance, Canada is expected to produce strong Adjusted EBITDA for the quarter.
  • Effective January 1, 2023, STEP started to record fracturing fluid ends as maintenance expense rather than sustaining capital.