News by subject: DSC

Presta Petroleum LLC (Presta), headquartered in Fort Worth, TX and founded by Jonny Brumley, has integrated its acquisition of ELSR, LP, paid off its debt, and is back in the oil and gas property acquisition market. Presta focuses on building a...

Ecopetrol S.A. confirms that the Glaucus-1 well has verified the presence of natural gas in the deep waters of the southern Colombian Caribbean, underscoring the significance of the gas reserve in this region of the country. The well is situated 75...

Tuktu Resources Ltd. ("Tuktu" or the "Company")  is pleased to announce that on October 17, 2023 it entered into a purchase and sale agreement (the "PSA") with an arm's length company (the "Vendor") to purchase certain oil assets located in southern...

The mooring systems market size is expected to grow by USD 440.84 million from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 4.17% during the forecast period. An increase in global...

HIF Global, the world´s leading eFuels company, and the Chilean gas company Empresas GASCO, today announced the first production of carbon-neutral liquefied gas ("eLG") generated with renewable energy from the strong winds of the Magallanes...

MCF Energy Ltd. (FRA: DC6) ("MCF Energy" or the "Company") is pleased to provide a further update on its Austrian operations, specifically regarding the final steps in the well permitting and planned timing of drilling at the large Welchau...

We are pleased to announce that Kuva Systems, a leading solution provider for image-based continuous monitoring of methane and VOC emissions, and Montrose Environmental Group, Inc.'s ("Montrose") Sensible Environmental Data Platform (Sensible...

Emissions from oil and gas and buildings continued to rise in 2022, undercutting Canada's progress reducing emissions overall, according to a new independent estimate from 440 Megatonnes, a project of the Canadian Climate Institute. The Early...

Shanghai Electric (SEHK:2727, SSE:601727) recently showcased its offerings at the China International Industrial Fair 2023 ("CIIF") held at the National Convention and Exhibition Center (Shanghai) from September 19-23, 2023, under the theme A...

Deshpande Systems, an international consulting firm focused on developing and implementing complex information technology (IT) systems and enterprise resource planning (ERP) software, now supports oil and gas (O&G) operations in the United States...

Methane is a potent, but relatively short-lived greenhouse gas, 86 times more powerful than carbon dioxide over a twenty-year period. Cutting methane emissions from all sources, including landfills, is one of the fastest and most cost-effective ways...

Commonwealth LNG has entered into a Heads of Agreement (HOA) with MET Group, an integrated European energy company headquartered in Switzerland, for the sale and purchase of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) for 20...

The sustainable aviation fuel market size is forecast to increase by USD 1.978 billion and is estimated to grow at a CAGR of 59.08% between 2022 and 2027, according to Technavio. Favorable government policies are driving the market growth for...

SpendEdge, a global leader in procurement market intelligence space recently highlighted the tips to effectively implement ethical sourcing of cosmetic products....

SpendEdge, a global leader in procurement market intelligence space recently connected with a major oil and gas organization headquartered in Europe....

The industrial gas phase filtration system market is estimated to grow by USD 615.45 million from 2022 to 2027, growing at a CAGR of 4.72%. Growing investment in chemical and petrochemical industries drives the growth of the industrial gas phase...

Borr Drilling Limited (the "Company") (OSE: BORR) is pleased to announce that its premium jack-up rigs "Prospector 5" and "Natt" have received a Letter of Award ("LOA") for work in West Africa in direct continuation of their current contracts. The...

NG Energy International Corp. ("NGE" or the "Company") is pleased to announce that all three phases of drilling at Aruchara-3 have been completed on time and under budget to a total depth of 9,050 feet. While drilling Phase II of the well,...

Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") announces that its Board of Directors has approved a change of the Corporation's fiscal year end from December 31 to June 30.  As a result, CSRI will have a transitional year of six (6)...

The "Marine Fuel Injection Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Marine Fuel Injection Systems Market to Reach $6.7 Billion by 2030The global market for Marine Fuel Injection...

Acquisition Highlights Expected to be immediately accretive on a cash flow per share basisBuilds upon our existing mineral and royalty positions in the Haynesville and the SCOOPApproximately 988 net royalty acres (~86% targeting the Haynesville...

Horizon Petroleum Ltd. (the "Company" or "Horizon") is pleased to announce that it has submitted its formal Transformation Process Documentation to the Polish Ministry of Climate and Environment for two concession licence areas: Bielsko Biala and...

China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has received official certification for the 30.55-billion-cubic-meter proven geological reserve of natural gas discovered in phase-I of its Bazhong gas field, a significant breakthrough of...

TAG Oil Ltd. and  ("TAG Oil" or the "Company") is pleased to announce that the first horizontal well, BED4-T100 ("T100") in the Badr Oil Field ("BED-1") in the Western Desert of Egypt, has commenced drilling and is currently through a depth of 600...

InnoVent Renewables announces its formation with a corporate mission to drive renewable energy forward by mitigating the global environmental challenge of waste tires. InnoVent Renewables launched as a U.S.-based technology and operations company...

Arctech, the world's leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of...

The "Crude Oil Refinery Projects Analysis and Forecast by Region, Key Countries, Project Type (New Build and Expansion), Development Stage, and Cost 2027" report has been added to  ResearchAndMarkets.com's offering. Globally, 442 upcoming crude oil...

Nanalysis Scientific Corp. ("the Company"),  (FRA: 1N1), a leader in portable NMR machines and MRI technology for industrial and research applications announces that on Thursday, August 24th, 2023, the Company will put out a press release and Chief...

Eunisell, a prominent player in the oil and gas industry, has introduced a groundbreaking solution to reshape the Niger Delta's oil and gas sector - the Early Production Facilities (EPFs). Strategically positioned in challenging onshore and remote...

Technavio, a leading provider of industry news and insights, is pleased to announce its latest report on the Light Detection and Ranging (LiDAR) Market. The report highlights the estimated growth and forecast for the market between 2022 and 2027,...

The coiled tubing market is estimated to grow at a CAGR of 5.68% between 2022 and 2027. The market size is forecast to increase by USD 1,135.27 million, according to Technavio. The growing demand for new-generation automated drilling rigs is a major...

Pyxis Advisory Group, a diversified advisory firm serving the global industrial sector, is delighted to add two new team members. Stephen Bell joins the firm as partner and industry veteran Richard Loew onboards as a senior advisor. Pyxis Advisory...

Second Quarter 2023 Financial Highlights Adjusted EBITDA(1) of $100 millionFree cash flow ("FCF")(1) of $86 millionCash available for distribution ("CAFD")(1)(2) of $49 million or $0.18 per shareEarnings before income taxes of $17 millionCash flow...

MCF Energy Ltd. (FRA: DC6) ("MCF Energy" or the "Company") is pleased to announce the successful acquisition of a substantial natural gas exploration concession ("Lech East") spanning approximately 100 km² in Southwest Bavaria, Germany, granted by...

The "Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast (2023-2027)" report has been added to  ResearchAndMarkets.com's offering. The global hydrogen market is projected to reach a value of US$206.65 billion by...

The Iipay Nation of Santa Ysabel and its Economic Development Corporation comprised of 3 Board of Director's Melissa Barnett, Tyler Vargas and James Bucaro who are Tribal Members, will be breaking ground on a four dispenser, 8 pump fuel station this...

Arco Technologies Inc. is thrilled to announce a new collaboration with Shell GameChanger. Through this new partnership, Arco Technologies Inc. will be testing its innovative electrolyzer technology for larger applications. Shell GameChanger will...

Avanti Helium Corp.  ("Avanti" or the "Company") is pleased to announce that it has signed a midstream agreement to commercialize and achieve cashflow at the Sweetgrass Pool within its Greater Knappen asset. Helium Recovery PlantAvanti has signed a...

The "Gas Masks: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering. The global market for Gas Masks estimated at US$6.6 Billion in the year 2022, is projected to reach a revised size of US$11.3 Billion by...

COP28 President-Designate Dr. Sultan Al Jaber outlines an action plan focused on fast-tracking the energy transition, fixing climate finance, focusing on adaptation to protect lives and livelihoods, and underpinning everything with full...

The International Gas Union (IGU) is releasing its 14th annual World LNG Report, the world's most comprehensive public source of information on key developments and trends in Liquefied Natural Gas (LNG). The Most Turbulent Year in the History of Gas...

Moxa and Saudi Aramco Technologies Company have signed a worldwide commercialization agreement to further develop and commercialize the Intelligent Integrated Node (IIN) technology. The IIN technology, collaboratively developed by Aramco and Moxa,...

Global Fuels is pleased to announce the acquisition of Greenergy's Canadian retail fuel business consisting of 241 retail gas and convenience locations from Nova Scotia to British Columbia. The acquired network is one of the largest in Canada. The...

Alvopetro Energy Ltd. announces that we have completed drilling our BL-06 well on our 100% owned and operated Bom Lugar field in the Recôncavo Basin. Based on open-hole wireline logs the well has discovered a total of 35.4 metres of potential net...

Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) today announces that it is in active discussions to sell (i) the jack-up rigs known as the West Castor, West Telesto and West Tucana (the "Qatar Jack-Up Fleet"), which are bareboat chartered...

SM Energy Company (the "Company") announced today certain updates on second quarter 2023 activity. Repurchased 2.6 million shares ? The Company continued to repurchase shares under its $500 million aggregate stock repurchase program, resulting in a...

DESERT MOUNTAIN ENERGY CORP. (the "Company") (U.S. OTC: DMEHF) From the President of the Company. The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering...

Aker BP (OSE: AKRBP) has successfully completed the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area. This marks the longest exploration well ever drilled on the Norwegian Continental Shelf and has resulted in a...

Gulf Energy Information (Gulf), a century-old provider of information to the global oil and gas and energy industries, has announced changes to its leadership structure, effective August 1, 2023. John Royall, who has led the company (formerly Gulf...

Aker BP (OSE: AKRBP) ,  has awarded Heerema Vlissingen a contract for procurement and construction for the Munin jacket in the Yggdrasil area.   "This is an important contract for the Yggdrasil development. With this award we have placed all major...