Category: energy
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Energy Transfer’s Co-CEO and Executive Chairman Just Added to Their Stakes in the Company. Should You Invest in It Too?
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Insiders have purchased units of energy transfer (NYSE: ET) Apple recently bought another 3 million units from the marketing giant, while the company’s co-CEO Thomas Long bought an additional 20,000 units. Warren now owns about 301.5 million units, while Long now has about 1.1 million units, according to data from…
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Factbox-US Gulf Coast energy facilities hit by storm Francine By Reuters
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(Reuters) – Energy facilities on the U.S. Gulf Coast were assessing damage on Thursday from Hurricane Francine, which tore through offshore oil production areas and hit the Louisiana coast on Wednesday. Hurricane Francine brought heavy rains and gusty winds to Louisiana, Mississippi and Alabama, causing widespread power outages and impacting…
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Gran Tierra Energy Inc. Announces Private Offering of an Additional Amount of its 9.500% Senior Secured Amortizing Notes due 2029
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on September 12, 2024 •…
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Trillion Energy Announces Akcakoca-3 Well Production
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Article Content The Akakuka-3 field was perforated in July 2024 and is now producing at a rate of 4.66 million cubic feet per day with a total production rate of 100%. VANCOUVER, British Columbia, September 10, 2024 (GLOBE NEWSWIRE) — Trillion Energy International Company (“trillion“or” “a companyShell Petroleum Industries Limited…
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Panasonic’s energy unit prepares for 4680 EV battery production By Reuters
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By Daniel Leussink and Maki Shiraki KINOKAWA, Japan (Reuters) – Panasonic Holdings Corp said on Monday its power unit has completed preparations to mass-produce 4680 batteries for electric vehicles as it seeks to start supplying cells to automakers. The renovated Panasonic Energy plant in western Wakayama Prefecture will serve as…
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Panasonic’s energy unit prepares for 4680 EV battery production By Reuters
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By Daniel Leussink and Maki Shiraki KINOKAWA, Japan (Reuters) – Panasonic Holdings Corp said on Monday its power unit has completed preparations to mass-produce 4680 batteries for electric vehicles as it seeks to start supplying cells to automakers. The renovated Panasonic Energy plant in western Wakayama Prefecture will serve as…
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Crescent Energy Announces Pricing of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033 By Investing.com
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HOUSTON – (Business): Crescent Energy Corporation (NYSE: CRGY) (we or our) today announced that its indirect subsidiary, Crescent Energy Finance LLC (the Issuer) has priced its previously announced private offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to qualified…
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Business confidence wanes amid fears of energy tax hikes
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The UK Offshore Energy Authority has warned that a windfall tax increase on UK oil and gas companies could undermine the government’s goal of boosting economic growth. The group warned that the planned tax increase could depress investment, costing the UK economy £13bn between 2025 and 2029 and putting 35,000…
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Vista Energy announces share repurchase on NYSE and BMV By Investing.com
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Vista Energy, a Mexico City-based oil and gas company, recently executed a share buyback plan, repurchasing 40,000 shares of its Class A stock. The transaction was completed on Monday, August 30, 2024, with the shares purchased for MXN 1,022.75 per share, for a total of approximately MXN 40.91 million, excluding…
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Lower interest rates spark renewed hope for green energy investments
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Clean energy funds, once the darlings of the investment fund landscape, are expected to see a major resurgence as investors rekindle interest in lower interest rates. After years of rising premiums and growing demand due to environmental, social and governance concerns, the sector has faced headwinds from rising prices and…
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Vivo Energy half-year sales drop by Sh2bn amid record fuel prices
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Vivo Energy’s revenue in the Kenyan market fell by $16 million (Sh2.06 billion) in the first half of 2024, as record high fuel prices hit demand. The multinational said its Kenyan unit generated revenue of $769 million (Sh99.16 billion) during the six months, compared to $785 million (Sh101.22 billion) a…
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Waracle secures three-year digital transformation partnership with SP Energy Networks
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Scottish technology services company Waracle has announced a significant new partnership with SP Energy Networks, a deal set to accelerate the electricity network operator’s digital transformation over the next three years. Under the multi-million pound contract, Waracle will design and develop a streamlined digital customer experience, to meet the growing…
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Energy Transfer Stock Will Nearly Double in 5 Years
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Most investors are interested in: energy transfer (NYSE: ET) They are attracted to its height. fruitwhich is currently around 7.9%. The company currently pays a quarterly dividend of $0.32 and is looking to grow that by 3% to 5% annually going forward. That’s attractive in itself, but I also think…
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Tech and energy sectors shine amidst market fluctuations: Unveiling today’s stock trends
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Stock Heat Map from FinViz.com Friday, August 23, 2024 13:46:06 GMT Today’s Market Overview Today’s trading session shows mixed performance across sectors, with notable gains in the technology and energy sectors, while other areas show more conservative movements. This analysis takes advantage of the dynamic landscape shown in the latest…
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Market maneuvers: Notable shifts in tech and energy sectors today
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Stock heat map from FinViz.com on Monday, August 19, 2024 13:46:10 GMT introduction Today’s stock market presents a mixed picture with notable moves across the technology and energy sectors, along with subtle shifts in consumer cyclical stocks. As we delve into the heat map, let’s explore these trends, decode sector…
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BAT triples solar use in renewable energy drive
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Cigarette maker British American Tobacco (BAT) has tripled its solar power consumption in the past year after completing major solar installations to improve its renewable energy capacity. The latest filings show the company’s solar power consumption has risen to 1,271 megawatt-hours in 2023, up from 474 megawatt-hours previously, reducing its…
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Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions By Reuters
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By Ross Kerber The Texas state comptroller said Wednesday that the state has added British bank NatWest to a list of companies that “boycott” energy companies, which could restrict the bank’s business with public entities. NatWest was added to the list because of its restrictions on energy financing, Texas Comptroller…