Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced the sale of its Denmark-based subsidiary, Babcock & Wilcox Renewable Service A/S (BWRS), to Hitachi Zosen Inova AG (HZI) for $87 million, subject to customary fees and adjustments. BWRS, employing over 160…
SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, has been chosen by Rutgers, the State University of New Jersey, for a pioneering research and demonstration program to explore the potential of agrivoltaics—the simultaneous use of land…
NiSource Inc. (NYSE: NI), one of the nation’s largest fully-regulated utility companies, has released its 2024 ESG Report – Creating Shared Value. The report highlights significant progress on initiatives aimed at benefiting the communities NiSource serves while maintaining customer value…
Following the previously announced CEO transition plan by Bentley Systems, Incorporated (Nasdaq: BSY), Nicholas Cumins officially takes the helm as CEO today. Cumins succeeds Greg Bentley, the eldest of the five founding brothers of Bentley Systems, who will now serve…
Gazprom is forging ahead confidently, focusing primarily on implementing large-scale priority projects that promise long-term benefits for Russia and millions of its citizens. Our projects are strategically designed to align with the evolving dynamics of the global energy market. Projections…
Gazprom held the annual General Shareholders Meeting in the form of absentee voting. The Shareholders Meeting made decisions on all agenda items. The Meeting approved the Company’s 2023 Annual Report and Accounting (Financial) Statements. The decision was made regarding the allocation of the Company’s profit based…
Pacific Coast Oil Trust (OTC–ROYTL) announced today that it will not distribute cash to unit holders of record as of June 28, 2024. This decision is based on the Trust’s assessment of net profits generated during April 2024, as outlined…
MOGAS Industries has secured a multimillion-dollar contract for the South Korean S-Oil Shaheen Project, marking the first-ever commercialization of TC2C™ (Thermal Crude to Chemicals) technology. Licensed by Lummus Technology, TC2C™ converts whole crude and refinery orphan streams into high-value olefin…
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the first technology licence from the ELYSIS joint venture. This investment supports the development of the ELYSISTM technology and helps Rio Tinto gain expertise…
Perun, a leader in portable power solutions, proudly announces the launch of the Perun PB-23 640Wh Battery Back-Up for the PB-20 600W Portable Power Station in the Canadian market. This innovative battery back-up doubles the runtime of the PB-20, providing…
Yard Force is excited to launch the 21W Portable Solar Charger, a revolutionary device designed to provide reliable and efficient power for all your USB devices, whether indoors or outdoors. This innovative product combines a powerful 13000 mAh power bank…
Matt Johnson, a specialist in field development and portfolio optimization at Chevron, highlights the transformative impact of advanced technologies on offshore energy development. Field development optimization tools, for instance, have significantly reduced project timelines from days to hours, enabling automated…