Hydrocarbon | Jotup

Europe's $800 Billion Energy Crisis Sparks Investment Frenzy

Retrieved on:

Monday, March 4, 2024

LONDON, March 4, 2024 /PRNewswire/ -- The energy crisis that engulfed Europe after Western sanctions punished Russia's invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea could threaten future energy supplies. Companies mentioned in this release include: TotalEnergies, MCF Energy, Halliburton Company (NYSE:HAL), Schlumberger Limited (NYSE:SLB), Enbridge Inc. (NYSE:ENB), Golar LNG Limited (NASDAQ:GLNG), Transocean Ltd (NYSE:RIG).

Key Points:

Now, the Middle East crisis and the Houthi war on the Red Sea could threaten future energy supplies.
In early February, Germany earmarked $16 billion for the construction of four natural gas power plants to complement a renewable energy expansion push.
#2 MCF Energy ( MCF .V; MCFNF .QX)
Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

Europe's $800 Billion Energy Crisis Sparks Investment Frenzy

Retrieved on:

Monday, March 4, 2024

LONDON, March 4, 2024 /PRNewswire/ -- The energy crisis that engulfed Europe after Western sanctions punished Russia's invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea could threaten future energy supplies. Companies mentioned in this release include: TotalEnergies, MCF Energy, Halliburton Company (NYSE:HAL), Schlumberger Limited (NYSE:SLB), Enbridge Inc. (NYSE:ENB), Golar LNG Limited (NASDAQ:GLNG), Transocean Ltd (NYSE:RIG).

Key Points:

Now, the Middle East crisis and the Houthi war on the Red Sea could threaten future energy supplies.
In early February, Germany earmarked $16 billion for the construction of four natural gas power plants to complement a renewable energy expansion push.
#2 MCF Energy ( MCF .V; MCFNF .QX)
Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on:

Thursday, February 29, 2024

Acquisition, P50, Cheniere Energy, BCF, Coal, Investment, Natural gas, Gazprom, Mobil, MCF, ExxonMobil, Talos Energy, European, TALO, Attention, ConocoPhillips, Kurdistan Region, Kinsau, Ford, XOM, Reudnitz, Heart, Pass, CVX, Interview, Lech, Methane, Hydrocarbon

LONDON, February 29, 2024 /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control. Companies mentioned in this release include: Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points:

Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on:

Thursday, February 29, 2024

LONDON, February 29, 2024 /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control. Companies mentioned in this release include: Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points:

Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

Introducing Unique Autonomous Mowers for the Golf Industry

Retrieved on:

Wednesday, February 28, 2024

MAKE, 3180, Animal, Robot, Homebase, Mower, Vacuum, Longevity, Golf course, LEARN, Artificial intelligence, Hydrocarbon, R&A

MEDIA, Pa., Feb. 28, 2024 /PRNewswire/ -- M-Tek Ventures, Inc. is introducing a "Unique Autonomous Mower for the Golf Course industry."

Key Points:

MEDIA, Pa., Feb. 28, 2024 /PRNewswire/ -- M-Tek Ventures, Inc. is introducing a "Unique Autonomous Mower for the Golf Course industry."
According to Matt Thomas, Director of Engineering, "the Mower is self-sufficient, minimizes energy consumption, does not use hydrocarbons, mows at night to minimize golf down-time and is economical.
Nor is it akin to robotic mowers which typically require a buried boundary wire and lack the precision necessary to use at a golf facility; or the power and longevity to make them viable for commercial applications."
To discuss the future of Golf Turf Management contact George Stasen, co-founder at 610 399 3180.

OTC Markets Group Welcomes CVW CleanTech Inc. to OTCQX

Retrieved on:

Wednesday, February 14, 2024

Clean technology, CVW, OTCQX, Methane, DTC, Hydrocarbon, Security (finance)

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that CVW CleanTech Inc. (“CVW CleanTech” or the “Company”) (TSX-V: CVW; OTCQX: CVWFF) has qualified to trade on the OTCQX® Best Market.

Key Points:

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that CVW CleanTech Inc. (“CVW CleanTech” or the “Company”) (TSX-V: CVW; OTCQX: CVWFF) has qualified to trade on the OTCQX® Best Market.
CVW CleanTech upgraded to OTCQX from the Pink® market.
CVW CleanTech Inc. begins trading today on OTCQX under the symbol “CVWFF.” U.S. investors can find current financial and other relevant disclosures, and Real-Time Level 2 quotes for the Company, on www.otcmarkets.com .
“We are pleased to begin trading on the OTCQX Market in New York.

Curtiss-Wright Signs Subsea Seal-Less Canned Motor Boosting System Agreement With Petrobras

Retrieved on:

Monday, February 12, 2024

Engineering, Machinery, Manufacturing, CW, Curtiss-Wright, Campos Basin, PBR, Petrobras, Hydrocarbon, Gasoline

Curtiss-Wright is working jointly with Petrobras to develop a subsea boosting system for unprocessed hydrocarbon fluid consisting of a mixture of oil, gas and particulates that will operate at a 1,500-meter water depth.

Key Points:

Curtiss-Wright is working jointly with Petrobras to develop a subsea boosting system for unprocessed hydrocarbon fluid consisting of a mixture of oil, gas and particulates that will operate at a 1,500-meter water depth.
The system will leverage Curtiss-Wright’s canned motor technology, as well as Petrobras’ expertise in flow assurance and offshore hydrocarbon production and processing, to ensure the subsea boosting system will perform according to field requirements.
This “topside-less” technology will support Petrobras’ objective of all-electric subsea boosting systems to enable long tie-back production arrangements.
The first Subsea Canned Motor Boosting System is expected to be ready for operation in 2027.

Helix Announces Decommissioning Contract Extension with Trident Energy and other Commercial Updates

Retrieved on:

Tuesday, February 6, 2024

Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.

Key Points:

Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.
The contract extension is for an additional 12 months and in direct continuation of the current contract.
The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market.
Helix and Siem Offshore have signed six-year charter extensions for both the Siem Helix vessels, with the Siem Helix 1 term extending through December 2030 and the Siem Helix 2 term extending through December 2031.

Liberty Energy Inc. Releases 2024 Bettering Human Lives Report

Retrieved on:

Tuesday, February 6, 2024

Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) proudly announced today the release of our 2024 Bettering Human Lives report, highlighting the central role that energy plays in human lives.

Key Points:

Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) proudly announced today the release of our 2024 Bettering Human Lives report, highlighting the central role that energy plays in human lives.
“Bettering Human Lives seeks to inform readers and drive thoughtful dialogue surrounding the tradeoffs at the nexus of energy, climate, poverty, and prosperity.
We strongly support all energy sources that improve our energy system and better lives,” continued Mr. Wright.
“Earlier this year, we announced the launch of the Bettering Human Lives Foundation specifically to address this most urgent energy access issue, furthering our ambition to deliver the secure, affordable, reliable energy vital to human success.

Atwell acquires Karins and Associates, expanding surveying and engineering capabilities in the Mid-Atlantic

Retrieved on:

Thursday, January 18, 2024

Consulting, Residential Building & Real Estate, Commercial Building & Real Estate, Urban Planning, Manufacturing, Construction & Property, Professional Services, Landscape, Building Systems, Architecture, Engineering, Multimedia, Associate, Real estate, Water resources, Acquisition, Hydrocarbon, Transport

In its second acquisition of the year, Atwell has acquired Karins and Associates, an engineering, surveying, and planning firm with locations in Delaware, Pennsylvania, and Maryland.

Key Points:

In its second acquisition of the year, Atwell has acquired Karins and Associates, an engineering, surveying, and planning firm with locations in Delaware, Pennsylvania, and Maryland.
The addition of Karins will expand Atwell’s engineering and surveying services within land development, transportation, water resources, and public works throughout the region.
“The core values of Karins and Atwell are well-aligned,” said Dev Sitaram, President of Karins.
The acquisition of Karins follows Atwell’s most recent acquisitions of Banks Engineering , an engineering and surveying firm based in Fort Myers, Florida; Summit Engineering , a civil engineering and land surveying firm in Heber City, Utah; and Mead Gilman & Associates , a land surveying firm located in Woodinville, Washington.