Powder River Basin

Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030

Retrieved on: 
Mercredi, février 21, 2024
Cloud, Powder River Basin, Mining, News, Growth, UXC, Denison Mines, Probability, Offering, Soil, SCP, 3D, Nuclear fission, Stallion, SABRE, Orano Canada, OTCQX, Conventional weapon, Water, Partnership, Luce Irigaray, Survey, Carbon, STUD, Void coefficient, Mergers and acquisitions, PALM, Xplor, Uranium, UEC, Exploration, ISR, TSX, PLS, Power plant engineering, DNN, SASK, Nuclear energy, FCU, Uranium mining

It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.

Key Points: 
  • It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

Retrieved on: 
Mercredi, janvier 31, 2024
Lithium, Environmental impact assessment, FS, UEC, News, Powder River Basin, Exercise, Register, TSX, Form, Indian stock exchange, Engineering, PALM, Carbon, Nuclear fission, PLS, Bed size, OTCQX, Growth, Void coefficient, Environmental impact statement, Government, Research, Agent, The Red Bed, Agreement, Good, AS350, TSX Venture Exchange, DNN, Feasibility study, Uranium, NXE, ISR, EIS, Denison Mines, NexGen, Environmental issues, STUD, Luce Irigaray, Mining, Sale, UXC, Electricity, Detailed engineering, Uranium mining

The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Uranium Mining Market Performance Booming as Demand Skyrockets, Projected to Reach $11 Billion

Retrieved on: 
Mercredi, janvier 17, 2024
Probability, UXC, Mergers and acquisitions, Luce Irigaray, Federal, Power plant engineering, Sale, Carbon, TSX Venture Exchange, NXE, Soil, Growth, FUU, Void coefficient, PLN, Spin-off (media), UEC, Mining, Environment, ISR, Murphy Lake, Indian stock exchange, PALM, Athabasca, STUD, Arrangement, CFT, Powder River Basin, Conventional weapon, TSX, Water, Nuclear energy, Nuclear fission, SASK, Agent, OTCQB, Canada Business Corporations Act, Stallion, Broach, News, Arrow, Uranium mining

The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.

Key Points: 
  • The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.
  • The report says: “The global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Cowboy Clean Fuels Announces Significant Funding Award to Support Commercialization of Technology and Build Out of Initial Project in Wyoming

Retrieved on: 
Mercredi, janvier 17, 2024
Carbon, CO2, Coalbed methane, Wyoming Legislature, Natural gas, WEA, Research, Digestion, Powder River Basin, EMF, Energy, CCUS, CDR, RNG, Methane, University, CBM, CCF, Atmosphere, Business development, Tax, Climate change, Investment, Environmental quality, Private sector, Renewable energy

GILLETTE, Wyo., Jan. 17, 2024 /PRNewswire/ -- Cowboy Clean Fuels, LLC ("CCF," "we," "us," "our," or "the Company"), a premier energy technology company formed to simultaneously, permanently sequester carbon dioxide removed from the atmosphere and produce carbon-negative, renewable natural gas ("RNG") from readily available agricultural byproducts utilizing proprietary, patented technology, today announced that it has been awarded approximately $7.8 million from the Wyoming Energy Authority ("WEA") through the Energy Matching Funds ("EMF") program.  In addition, CCF's lead investor, Machan Investments ("Machan"), committed an additional $7.8 million in equity capital to match and enable the WEA funding. The WEA funds and the investor funds from Machan, totaling approximately $15.6 million, will support the commercialization of CCF's technology and the build-out of its first commercial project in Wyoming, the Triangle Unit Renewable Energy and Carbon Capture and Storage ("TRECCS") project. After receiving a Class V Underground Injection Control permit from the Wyoming Department of Environmental Quality in late 2023, the first-of-its-kind TRECCS project is permitted and ready to sequester CO2 and produce RNG at commercial volumes.

Key Points: 
  • In addition, CCF's lead investor, Machan Investments ("Machan"), committed an additional $7.8 million in equity capital to match and enable the WEA funding.
  • These funds come at a critical juncture as we move into the commercial phase of our first project.
  • Wyoming is committed to an all-of-the-above energy strategy that includes advancing the carbon economy.
  • The Company's world-class leadership team has over 100 years of experience in clean energy technology commercialization, upstream gas operations, and large-scale energy project development.

Uranium Energy Corp Restarting 100% Unhedged Uranium Production in Wyoming

Retrieved on: 
Mardi, janvier 16, 2024
UXC, Powder River Basin, Luce Irigaray, Uranium, Biophysical environment, UEC, EDGAR, ISR, Regulation, Technical, News, Technical report, Uranium mining

CORPUS CHRISTI, Texas, Jan. 16, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC), the "Company" or "UEC") is pleased to announce that the Company's Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery ("ISR") operations in Wyoming.

Key Points: 
  • CORPUS CHRISTI, Texas, Jan. 16, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC), the "Company" or "UEC") is pleased to announce that the Company's Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery ("ISR") operations in Wyoming.
  • The first production is expected during August of this year and will be funded with existing cash on the Company's balance sheet.
  • In the coming months, the Company will provide additional information on the expected volumes for the first year of production.
  • Mr. Adnani continued: "In addition to restarting production at the Company's Wyoming operations, initiatives to resume production are also being advanced at our South Texas Hub & Spoke platform.

Year End Letter to Shareholders

Retrieved on: 
Vendredi, décembre 22, 2023
Trust, ISR, Mineral, Christmas and holiday season, Happiness, Health, NF, Nuclear energy, Oxygen, Weather, Powder River Basin, Groundwater, Uranium, Fuel pump, Uranium mining

We are quickly becoming a recognized force in a market embracing uranium and nuclear energy.

Key Points: 
  • We are quickly becoming a recognized force in a market embracing uranium and nuclear energy.
  • As we have seen, the world is supporting nuclear fuel as a clean, reliable and safe, zero-carbon fuel source in the United States.
  • We see the shift towards nuclear energy as a power source, fueled by the need for uranium, as a multi-decade cycle.
  • We also want to thank you, our shareholders, for your continuing support, your confidence and above all for your trust.

OneRock Energy Holdings Announces Name Change

Retrieved on: 
Jeudi, novembre 9, 2023
Energy, Professional Services, Oil, Gas, Finance, Growth, Powder River Basin

OneRock Energy Holdings, LLC today announced that it has changed its name to Sage Butte Energy Holdings, LLC (“Sage Butte Energy Holdings”).

Key Points: 
  • OneRock Energy Holdings, LLC today announced that it has changed its name to Sage Butte Energy Holdings, LLC (“Sage Butte Energy Holdings”).
  • Sage Butte Energy Holdings is a Houston-based oil and gas exploration and production company and an upstream portfolio company of Pan Management.
  • With an objective of building and operating a large-scale portfolio of producing wells and drilling locations in the U.S., Sage Butte Energy Holdings is committed to fostering growth and unlocking the value of oil and gas assets, and recently acquired Northwoods Management Company and certain related entities owning highly productive assets located in the Powder River Basin.
  • Sage Butte Energy Holdings is not related to One Rock Capital Partners.

Cowboy Clean Fuels Announces that the Wyoming Center for Business and Economic Analysis Has Confirmed the Significant Potential Economic Impact from its Initial RNG and Carbon Sequestration Project

Retrieved on: 
Lundi, novembre 13, 2023
Carbon, Central Wyoming College, Climate change, Coalbed methane, Atmosphere, GDP, Tax, CBEA, CDR, CCF, Methane, CBM, Natural gas, Powder River Basin, University, RNG, University of Wyoming, Campbell County, Wyoming, Digestion, Business, Renewable energy

DENVER and GILLETTE, Wyo., Nov. 13, 2023 /PRNewswire/ -- Cowboy Clean Fuels, LLC ("CCF", "we," "us," "our," or "the Company"), a premier energy technology company formed to simultaneously, permanently sequester carbon dioxide removed from the atmosphere and produce carbon-negative, renewable natural gas ("RNG") from readily available agricultural byproducts utilizing proprietary, patented technology, today announced that Wyoming's Center for Business and Economic Analysis ("CBEA") has completed an independent analysis of the Company's initial project in the Power River Basin, confirming the significant impact of the project to the state of Wyoming's economy.

Key Points: 
  • By 2027, when the project is fully scaled up, it will result in $8.8 million in tax revenues to state and local governments and support 66 jobs.
  • Ryan Waddington, Cowboy Clean Fuels Chief Executive Officer stated, "It is an exciting time at Cowboy Clean Fuels as we work to commercialize our first RNG and CDR project in the Powder River Basin.
  • We are pleased that the CBEA's independent analysis verifies the substantial economic impact we will have on Wyoming.
  • We are also proud to be contributing to Wyoming's economic growth and to the development of its vast potential for carbon sequestration and clean energy."

Western Midstream Announces Third-Quarter 2023 Results

Retrieved on: 
Mercredi, novembre 1, 2023
Oil, Gas, Energy, Adjustment, NYSE, WES, International, Acquisition, Maintenance, Atlas, Growth, Central Time, Domestic, Investment, Communication, East African Crude Oil Pipeline, Video game, Cryptocurrency, Delaware Basin, Meritage, Powder River Basin

Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced third-quarter 2023 financial and operating results.

Key Points: 
  • Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced third-quarter 2023 financial and operating results.
  • Net income (loss) attributable to limited partners for the third quarter of 2023 totaled $270.8 million, or $0.70 per common unit (diluted), with third-quarter 2023 Adjusted EBITDA(1) totaling $510.9 million.
  • Third-quarter 2023 Cash flows provided by operating activities totaled $394.8 million, and third-quarter 2023 Free cash flow(1) totaled $200.4 million.
  • CONFERENCE CALL TOMORROW AT 1:00 P.M. CT
    WES will host a conference call on Thursday, November 2, 2023, at 1:00 p.m. Central Time (2:00 p.m. Eastern Time) to discuss its third-quarter 2023 results.

Western Midstream Announces Closing of Meritage Midstream Acquisition

Retrieved on: 
Vendredi, octobre 13, 2023
Oil, Gas, Energy, Powder River Basin, DCP Midstream Partners, NYSE, WES, Acquisition, Hand, Meritage, Petroleum, Pharmaceutical industry

Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) today announced the closing of the previously announced acquisition of Meritage Midstream Services II, LLC (“Meritage”).

Key Points: 
  • Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) today announced the closing of the previously announced acquisition of Meritage Midstream Services II, LLC (“Meritage”).
  • The consideration was funded with cash on hand and WES’s recent $600 million investment grade senior notes issuance.
  • The Meritage acquisition transforms WES’s existing asset footprint in the Powder River Basin with expanded gathering and processing facilities, a diversified customer base, and long-term contracts supported by minimum volume commitments and acreage dedications.
  • As previously announced, for the third quarter 2023, management intends to recommend a Base Distribution increase of $0.0125, or $0.05 annualized, resulting in a total annualized distribution of $2.30 per common unit.