Natural gas

Triple Point Resources Ltd. Assessment Confirms Larger than Expected Hydrogen Storage Potential of Fischell Salt Dome

Retrieved on: 
Thursday, June 8, 2023

St. John's, Newfoundland--(Newsfile Corp. - June 8, 2023) - Triple Point Resources Ltd. ("Triple Point" or the "Company"), a leading provider of clean energy underground storage solutions, is pleased to announce the successful completion of the Phase 1 Dome Assessment for its 100% owned Fischell Salt Dome, located 30 km south of Stephenville on the west coast of Newfoundland.

Key Points: 
  • The assessment, conducted by RESPEC, a global expert in hydrogen salt caverns, confirms that Fischell property contains a massive Gulf Coast Style salt dome, different from common bedded salt formations.
  • Fischell's Dome offers the potential to store more than 35 million cubic meters of hydrogen, or the equivalent of 180,000 tonnes of hydrogen.
  • This makes the Fischell asset much larger than expected and the largest known dome on the east coast of North America.
  • "The Phase 1 Dome assessment results are incredibly exciting for us," said Julie Lemieux, CEO of Triple Point Resources.

EQS-News: voestalpine AG: voestalpine once again achieves record figures in the business year 2022/23

Retrieved on: 
Saturday, June 10, 2023

During the business year 2022/23, the voestalpine Group also succeeded in securing several major orders for the coming years from renowned international aerospace manufacturers.

Key Points: 
  • During the business year 2022/23, the voestalpine Group also succeeded in securing several major orders for the coming years from renowned international aerospace manufacturers.
  • Demand in this segment, which had already started to expand in the previous business year, continued rising in the reporting period.
  • The storage system business segment profited in the business year 2022/23 as well from the e-commerce trend that continues unabated.
  • voestalpine posted record revenue and results in many earnings categories in the business year ended.

EQS-News: Vortex Energy Identifies At Least Two Salt Structures Suitable for Hydrogen Storage

Retrieved on: 
Saturday, June 10, 2023

Salt caverns exceeding a storage volume of 2 million m3 per cavern can be developed.

Key Points: 
  • Salt caverns exceeding a storage volume of 2 million m3 per cavern can be developed.
  • The maximum thickness of the salt strata is identified to be 1,700-1,800 meters in both salt structures.
  • RESPEC is currently working on creating a 3D geological model of the salt structures.
  • Paul Sparkes, CEO of Vortex, commented, “We are incredibly excited to have two potential salt structures that are suitable for halite exploration, which can potentially be developed into hydrogen salt caverns.

Waga Energy awarded ISCC EU certification for its Spanish RNG production facility

Retrieved on: 
Saturday, June 10, 2023

Waga Energy has begun the ISCC EU certification process for several of its European RNG production facilities that are either under construction or operational.

Key Points: 
  • Waga Energy has begun the ISCC EU certification process for several of its European RNG production facilities that are either under construction or operational.
  • Waga Energy, a European specialist in upgrading landfill gas (LFG) to renewable natural gas (RNG), has been awarded ISCC EU certification for its facility under construction at the PreZero site in Els Hostalets de Pierola (Catalonia, Spain) following an independent audit conducted in April 2023.
  • This will enable us to increase the selling price of RNG produced by our first Spanish facility,” explains Lucie Tonnellier, Energy Director of Waga Energy.
  • Waga Energy has begun the certification process for all its European facilities with production capacity of over 20 GWh per year.

TRILLION ENERGY SPUDS ALAPLI-2 WELL AT SASB GAS FIELD

Retrieved on: 
Friday, June 9, 2023

Vancouver, B.C., June 09, 2023 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) announces the spudding of the Alapli-2 natural gas well at the SASB gas field, offshore Turkey, the sixth well in the Company’s multi-well program.

Key Points: 
  • Vancouver, B.C., June 09, 2023 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) announces the spudding of the Alapli-2 natural gas well at the SASB gas field, offshore Turkey, the sixth well in the Company’s multi-well program.
  • The Bayhanli-2 gas well which commenced production on June 2, 2023 has averaged 8 MMcf/d (100%) of natural gas production in its first six full days of operation.
  • At completion in about 45 days, we will have 6 gas wells on production at SASB.
  • We are also now getting fantastic flush gas production from Bayhanli-2 our top producer to date”

OTC Markets Group Welcomes Pine Cliff Energy Ltd. to OTCQX

Retrieved on: 
Friday, June 9, 2023

NEW YORK, June 09, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Pine Cliff Energy Ltd. (TSX: PNE; OTCQX: PIFYF), a company engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, June 09, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Pine Cliff Energy Ltd. (TSX: PNE; OTCQX: PIFYF), a company engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids, has qualified to trade on the OTCQX® Best Market.
  • Pine Cliff Energy Ltd. upgraded to OTCQX from the Pink® market.
  • Pine Cliff Energy Ltd. begins trading today on OTCQX under the symbol “PIFYF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.

TRILLION ENERGY COMMENTS ON RECENT TRADING ACTIVITY AND PROVIDES YEAR-TO-DATE RECAP

Retrieved on: 
Friday, June 9, 2023

Vancouver, B.C., June 08, 2023 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) reports that in view of unusually high trading volumes and volatility in the trading of the Corporation's common shares in the market today across Canadian exchanges, it is not aware of any material undisclosed information.

Key Points: 
  • Vancouver, B.C., June 08, 2023 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) reports that in view of unusually high trading volumes and volatility in the trading of the Corporation's common shares in the market today across Canadian exchanges, it is not aware of any material undisclosed information.
  • While the Corporation ordinarily does not comment on market activity and speculation, the Corporation confirms that it is not aware of any material corporate developments that account for same.
  • The Company is also providing the following recap and highlights of year-to-date activities:
    As per our June 1 2023 press release, the drilling rig has moved to the Akkaya Platform for drilling of the Alapli-2 well, the sixth well in the Company’s multi-well program;
    As per our May 30 2023 press release, drilling successes at SASB have resulted in record revenues of $6.2 million USD being reported in our March 31 2023 Q1 quarterly financial results;
    As per our June 1 2023 press release, record production was achieved at the recent Bayhanli-2 well by perforating eight intervals within the E, D, C, A and AA gas sand reservoirs resulting in initial production flow rates between 8 and 9MMcf/d;
    Additional rig-less wireline perforations are being planned this month for certain wells on the Akcakoca platform to increase and maintain natural gas production levels;

Delfin Enters Strategic Investment Agreement with Mitsui O.S.K. Lines

Retrieved on: 
Thursday, June 8, 2023

HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K. Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.

Key Points: 
  • Lines to Make a Strategic Investment in Delfin, Join Board of Directors
    HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K.
  • Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
  • As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.
  • Through this investment agreement, MOL and Delfin aims to solidify their continuing commitment to the success of the Delfin LNG project and set the stage for a promising future in the LNG industry.

LNG innovation at the forefront: International exhibition showcases industry excellence

Retrieved on: 
Thursday, June 8, 2023

Key industry players such as Chevron, QatarEnergy, Cheniere, Tellurian, Baker Hughes, ConocoPhillips, and Enbridge will have significant floor space at the event.

Key Points: 
  • Key industry players such as Chevron, QatarEnergy, Cheniere, Tellurian, Baker Hughes, ConocoPhillips, and Enbridge will have significant floor space at the event.
  • Conference host, the Canadian Gas Association, will showcase Canadian organizations and innovations in a dedicated Canadian industry pavilion.
  • “If you’re working in the industry, LNG2023 is really the place to be.”
    Innovation has long been a hallmark of the triennial LNG events.
  • Now in its 20th edition, the first LNG conference was held in 1968, when the LNG industry was just emerging.

Corning and SGD Pharma announce joint venture to open new glass tubing facility and expand access to Corning® Velocity® Vial technology in India

Retrieved on: 
Thursday, June 8, 2023

CORNING, N.Y., June 08, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) and SGD Pharma today announced a joint venture that includes the opening of a new glass tubing facility to expand pharmaceutical manufacturing in India and allows SGD Pharma to adopt Corning’s Velocity® Vial technology platform.

Key Points: 
  • CORNING, N.Y., June 08, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) and SGD Pharma today announced a joint venture that includes the opening of a new glass tubing facility to expand pharmaceutical manufacturing in India and allows SGD Pharma to adopt Corning’s Velocity® Vial technology platform.
  • SGD Pharma and Corning have broken ground on a new pharmaceutical glass tubing facility in Telangana, India.
  • The joint venture expands Velocity Vials’ manufacturing footprint, localizes its supply chains in India, and enables easier adoption of the technology by customers.
  • “The joint venture with SGD Pharma supports our continued global expansion as we localize manufacturing for our customers.