Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
LONDON: Zenith Energy Ltd., an international oil & gas production company, has announced the establishment of its fully owned Norwegian subsidiary, Zenith Energy AS (Zenith Norway). As announced on December 9, 2019, Zenith intends to use Zenith Norway as a…
LONDON: Royal Dutch Shell has announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the company has entered into an irrevocable, non-discretionary arrangement with a…
OSLO: DOF Subsea has announced multiple contract awards from undisclosed clients across the North America region. The Group has secured contracts for pre-lay and LBL array installation activities in Guyana, subsea installation work in Trinidad and well-head removal work in…
LONDON: Kodal Minerals, a mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali, has signed a Memorandum of Understanding (MoU) with Mali Lithium Limited, an Australian company looking to develop the Goulaminia Lithium Project located…
LONDON: Resolute Mining Limited has agreed to terms with Taurus Funds Management Pty Limited for the acquisition of the 1.1% royalty held by entities associated with Taurus over gold production from the Mako Gold Mine in Senegal. The termination value…
LONDON: Bluejay Mining plc, a Greenland focused company, has been awarded a new mineral exploration licence surrounding the Company’s existing Kangerluarsuk zinc-lead-silver Project in central west Greenland. The Company intends to commence a maiden drill programme at the Project later…
GWADAR, PAKISTAN: P&G Energy (Private) Limited, a subsidiary of ib Vogt GmbH Germany, and Enertech Boston Solar (Private) Limited, a subsidiary of Kuwait based Enertech Holding Company Limited have obtained generation licenses from Pakistan’s power sector regulator for their power…
CALGARY: Questerre Energy Corporation has received all approvals and closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company. Michael Binnion, President and Chief Executive Officer of Questerre, commented,…
OSLO: BW Energy, a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments, has completed the second production well of the Tortue Phase 2 development. The DTM-5H well marks the…
LONDON: Ceres Power Holdings announced that Robert Bosch GmbH (Bosch) will increase its equity shareholding in Ceres from c.4% to c.18%. This is a significant strategic step forward in the partnership established in August 2018 and follows successful collaboration on…
KARACHI: Coal-based electricity generation witnessed 94.5 percent growth in November 2019 to reach 2,030 GWh taking coal’s share in country’s energy mix to 27 percent, data issued by National Electric Power Regulatory Authority (NEPRA) suggests. “Induction of China Power Hub…
LONDON: The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a 100% interest in Blary Hill Energy Limited, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula, West Scotland. The investment is expected to…