Category Oil & Gas

Eaton highlights cybersecurity education, skilled workforce training programs at White House Cyber Workforce event

Intelligent power management company Eaton participated in The White House Office of the National Cyber Director’s Convening on Cyber Workforce event on April 29 to underscore its commitment to cybersecurity training across industries. The company’s vice president of engineering and…

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Rinnai America Corporation Applauds DOE’s Rule on Efficiency Standards on Water Heaters

Rinnai America Corporation, the number one selling brand of tankless water heaters in North America, applauds the U.S. Department of Energy (DOE) for carefully considering proposed efficiency standards on water heaters and preserving the ability of U.S. consumers to continue…

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Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers

Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General’s Office and Large Power Intervenors. If approved by the Minnesota…

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United States $1.7 Bn Artificial Lift Markets, Competition, Forecast & Opportunities, 2019-2023 & 2024-2029F: Increased Emphasis on Environmental Sustainability, Digitalization and IoT Integration – ResearchAndMarkets.com

The “United States Artificial Lift Market, By Region, By Competition Forecast & Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering. United States Artificial Lift Market was valued at USD 1.7 billion in 2023 and is anticipated to project robust growth in the forecast…

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Cheniere Reports First Quarter 2024 Results and Reconfirms Full Year 2024 Financial Guidance

Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) today announced its financial results for the first quarter 2024. FIRST QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions)   Three Months Ended March 31, 2024 Revenues   $4.3 Net Income1   $0.5 Consolidated Adjusted…

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Kolibri Global Energy Announces Annual 2023 Net Income of US$19.3 Million and Adjusted EBITDA of $39.1 Million

All amounts are in U.S. Dollars unless otherwise indicated: 2023 HIGHLIGHTS (1) Adjusted EBITDA is considered a non-GAAP measure. Refer to the section entitled “Non-GAAP Measures” of this earnings release. (2) Netback from operations and netback including commodity contracts are…

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Forum Energy Technologies Announces First Quarter 2024 Results, Benefits from Variperm Acquisition

Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9%sequential increase. Orders grew 28% sequentially to $204 million, with a book-to-bill ratio of 101%. The first quarter 2024 net loss was $10 million,…

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