Oil

Tula Presents dDSF Technology at Future Diesel Powertrain Summit in Shanghai

Tuesday, September 22, 2020 - 11:30pm

Tula Technology, Inc., a tech leader in improving propulsion efficiency and reducing emissions in passenger cars and commercial vehicles, announced its participation and presentation on its diesel Dynamic Skip Fire (dDSF) technology at the 4th Future Diesel Powertrain Summit China 2020 on September 24-25, 2020 in Shanghai, China.

Key Points: 
  • Tula Technology, Inc., a tech leader in improving propulsion efficiency and reducing emissions in passenger cars and commercial vehicles, announced its participation and presentation on its diesel Dynamic Skip Fire (dDSF) technology at the 4th Future Diesel Powertrain Summit China 2020 on September 24-25, 2020 in Shanghai, China.
  • In addition to providing an overview of dDSF technology, the presentation will address the Cummins-Tula 15L Heavy-Duty dDSF Project as well as the FEV-Tula 2.3L dDSF Simulation Project.
  • As demonstrated through rigorous testing, Tulas dDSF technology reduces tailpipe NOx emissions by up to 66% while also reducing CO2 emissions by up to 4%.
  • We believe that dDSF is the most cost-effective solution to increase efficiency and reduce emissions, said R. Scott Bailey, president and CEO of Tula Technology.

TechnipFMC to Present at the Bernstein 17th Annual Pan European Strategic Decisions Conference

Tuesday, September 22, 2020 - 10:15pm

An audio replay of the webcast for the presentation will be available on this same website for 180 days.

Key Points: 
  • An audio replay of the webcast for the presentation will be available on this same website for 180 days.
  • TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services.
  • With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers project economics.
  • TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information.

 Santos Chooses P2 Energy Solutions As Single Operations Platform For Its Production Needs

Tuesday, September 22, 2020 - 11:00pm

Santos Ltd ., an Australian energy pioneer and one of the leading independent oil and gas producers in Asia-Pacific, has selected P2 Energy Solutions to provide a single, comprehensive platform for its production needs in the region.

Key Points: 
  • Santos Ltd ., an Australian energy pioneer and one of the leading independent oil and gas producers in Asia-Pacific, has selected P2 Energy Solutions to provide a single, comprehensive platform for its production needs in the region.
  • Under a new partnership, P2 will deliver an integrated production data analysis system supporting Santos to supply the energy needs of homes, businesses and major industries across Australia and Asia.
  • Choosing a production software platform is a major decision that will impact a companys operations for many years to come, said Ben Farquharson, Senior Vice President for P2 Energy Solutions.
  • P2 Energy Solutions (P2) is the worlds largest independent provider of software and data solutions exclusively serving the upstream oil and gas, mining, and resource industries.

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Closing of Rights Offering

Tuesday, September 22, 2020 - 9:44pm

Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or "Ampco-Pittsburgh") announced today the closing of its previously announced rights offering.

Key Points: 
  • Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or "Ampco-Pittsburgh") announced today the closing of its previously announced rights offering.
  • The rights offering entitled Ampco-Pittsburgh's rights holders to purchase units consisting of Common Shares and Series A warrants to purchase Common Shares, which expire on August 1, 2025.
  • Rights holders who have participated in the rights offering will receive the Common Shares and Series A warrants in book-entry or uncertificated form, or through the facilities of DTC, as applicable.
  • Ampco-Pittsburgh engaged Advisory Group Equity Services, Ltd. d/b/a RHK Capital to act as dealer-manager for the rights offering.

Fuel Tech Announces Listing Transfer to NASDAQ Capital Market® and 180 Day Extension to Regain Compliance With Minimum Bid Requirement

Tuesday, September 22, 2020 - 9:05pm

In connection with the transfer to the Capital Market tier, NASDAQ also granted the Company an additional 180 calendar day grace period to regain compliance with the minimum bid requirement of NASDAQ Marketplace Rule 5450(a)(1) (the Rule) for continued listing.

Key Points: 
  • In connection with the transfer to the Capital Market tier, NASDAQ also granted the Company an additional 180 calendar day grace period to regain compliance with the minimum bid requirement of NASDAQ Marketplace Rule 5450(a)(1) (the Rule) for continued listing.
  • The NASDAQ Capital Market is one of the three markets for NASDAQ-listed stocks and operates in the same manner as the NASDAQ Global Select Market.
  • Companies listed on the NASDAQ Capital Market must meet certain financial requirements and adhere to NASDAQ's corporate governance standards.
  • The Company has until March 17, 2021, to demonstrate compliance with the minimum bid price requirement for continued listing.

Global Oil & Gas Midstream Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com

Tuesday, September 22, 2020 - 5:01pm

About 426,000 km of Canada's oil and gas pipelines operate solely within Alberta's boundaries and fall under the jurisdiction of the Alberta Energy Regulator.

Key Points: 
  • About 426,000 km of Canada's oil and gas pipelines operate solely within Alberta's boundaries and fall under the jurisdiction of the Alberta Energy Regulator.
  • Moreover, as of 2018, Australia has more than 39,000 kilometres of natural gas transmission pipelines that transport gas under high pressure.
  • As of 2018, gas delivers more than 45% of Australia's household energy and approximately 130,000 commercial businesses rely on gas.
  • Asia-Pacific is expected to be the significant market for the oil & gas midstream market during the forecast period.

Morrison Announces Contract Award for Total Field Decommissioning of Six Structures

Tuesday, September 22, 2020 - 4:26pm

Morrison will be responsible for the total field decommissioning for the six structures within the Hoactzin facility providing fully managed end-to-end decommissioning services.

Key Points: 
  • Morrison will be responsible for the total field decommissioning for the six structures within the Hoactzin facility providing fully managed end-to-end decommissioning services.
  • We continue to establish trust and confidence with all parties, including regulators, demonstrating to the decommissioning industry our position as an industry leader.
  • With over 30 years of industry experience, including decommissioning projects in North America and Europe, Minshall brings a wealth of knowledge and experience to Morrison.
  • By providing services for all phases of total field decommissioning, we can relieve operators of the inevitable, sizeable workload and financial burden of these facilities.

Directional Drilling Market Procurement Intelligence Report With COVID-19 Impact Analysis | Global Forecasts, 2020-2024

Tuesday, September 22, 2020 - 2:00pm

This report also offers market impact and new opportunities created due to the COVID-19 pandemic.

Key Points: 
  • This report also offers market impact and new opportunities created due to the COVID-19 pandemic.
  • View the full release here: https://www.businesswire.com/news/home/20200922005569/en/
    SpendEdge has announced the release of its Global Directional Drilling Market Procurement Intelligence Report (Graphic: Business Wire)
    Key benefits to buy this report:
    What are the market dynamics?
  • Our Directional Drilling market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation.
  • Some of the top Directional Drilling suppliers listed in this report:
    This Directional Drilling procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

Renewable Energy Group Breaks Ground on Wind Turbine in Albert Lea

Tuesday, September 22, 2020 - 2:00pm

Renewable Energy Group, Inc. (NASDAQ: REGI) broke ground on Monday for a single wind turbine that will provide power to the companys biorefinery in Albert Lea, Minnesota.

Key Points: 
  • Renewable Energy Group, Inc. (NASDAQ: REGI) broke ground on Monday for a single wind turbine that will provide power to the companys biorefinery in Albert Lea, Minnesota.
  • The addition of the wind turbine will make a process that already had low carbon output even more sustainable, said Cynthia CJ Warner, President and CEO of Renewable Energy Group.
  • The single wind turbine will be located north and west of the REG Albert Lea biodiesel plant.
  • Renewable Energy Group, Inc. (NASDAQ: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels.

Texans to Electric Providers: I Need To Trust You!

Tuesday, September 22, 2020 - 2:00pm

As the battle for electric customers in Texas heats up, consumers are sending a clear message to retail electric providers (REPs): I need to trust you.

Key Points: 
  • As the battle for electric customers in Texas heats up, consumers are sending a clear message to retail electric providers (REPs): I need to trust you.
  • Approximately two-thirds (64%) of Texans say they need to strongly trust a REP before signing up with them, making it imperative for providers to develop brands that are based upon trust.
  • Overall, customer trust among REP brands remains relatively unchanged this year, with the studys Brand Trust Index dropping only three points to 732 (on a 1,000-point scale).
  • Congratulations to the following REPs who have shown their dedication to establishing great trust among their customers.