Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
LONDON: Botswana Diamonds reported that Prospecting Licences PL232 and PL235, held by the Company’s wholly-owned subsidiary Sunland Minerals (Pty) Limited, have been renewed for an additional two years to 30 September 2021. These key licences, covering just over 500sq kms,…
LONDON: Tlou Energy Limited, company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), announced that sustained gas flow rates have been achieved at both the Lesedi 3 and Lesedi 4 production…
LONDON: NQ Minerals Plc has made a further strategic investment in private Tasmanian mining company, Tasmania Energy Metals to enhance the company’s operations and prospects, a release issued to London Stock Exchange (LSE) noted. As previously announced, NQ Minerals and…
PARIS–(BUSINESS WIRE)–Total has signed an agreement to sell a 30% interest in Société des Transports Pétroliers par Pipelines (Trapil) to Pisto SAS for $290 million. “The sale of Total’s interest in this infrastructure reflects its active portfolio management strategy. Rather…
LONDON: Inspired Energy, a leading energy consultant to UK and Irish corporates, has completed the acquisition of an initial 40 percent of the issued share capital of Ignite Energy. Inspired has paid net £5.0 million, calculated on a cash free…
LONDON: Royal Dutch Shell has announced 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…
HOUSTON – CNW: Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Equinor Gulf of Mexico LLC (Equinor), a…
KARACHI: K-Electric (KE) held its 107th Annual General Meeting (AGM) – FY 2017, at a local hotel in Karachi. The meeting was chaired by Ikram Sehgal, Chairman KE Board, in the presence of Moonis Alvi, CEO; Aamir Ghaziani, CFO; Rizwan…
LONDON: Utilita Energy failed to meet its carbon reduction obligations under the Energy Company Obligation (ECO) scheme between 2015 and 2018 and will pay £175,000 to the energy redress fund over its failings. ECO is a government energy efficiency scheme…
TOKYO: Mitsubishi UFJ Lease & Finance Company Limited (MUL) has announced its decision to participate in electricity distribution business in the UK by acquiring a stake in “Electricity North West Limited” (ENWL), an electricity distributor supplying the North West of…
KARACHI: As per latest data released by National Electric Power Regulatory Authority (NEPRA), total electricity generation during June 2019 registered 2.0 percent YoY increase to 13,157Gwh against 12,914Gwh in the corresponding month of last year. “Slender rise in electricity generation…
KARACHI: Attock Petroleum Limited (APL) unveiled its FY19 financial results with profit after tax at PKR3.96 billion (EPS PKR39.79) versus PKR5.66 billion (EPS PKR56.83) recorded last year, down 30%YoY. Earnings of the company arrived above expectation owing to higher than…