Tag: Oil

New Fortress Energy
United States

New Fortress Energy Provides Update on its Initial FLNG Asset

October 25, 2024 – NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE’s operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 … Continue reading New Fortress Energy Provides Update on its Initial FLNG Asset

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Blockchain for Energy
United States

Exceed Geo Energy Adopts B4ECarbon to Transform Environmental Claims Management and Unlock Carbon Monetization

October 22, 2024 – HOUSTON – Blockchain for Energy (B4E) is excited to announce that Exceed Geo Energy has adopted the groundbreaking B4ECarbon platform, as part of a strategic power purchase agreement with a major Texas utility company. By embracing B4ECarbon technology, Exceed Geo Energy is revolutionizing how it manages carbon-negative geothermal power generation, while setting a new standard for environmental claims management and carbon credit monetization. “We are thrilled to see Exceed Geo Energy … Continue reading Exceed Geo Energy Adopts B4ECarbon to Transform Environmental Claims Management and Unlock Carbon Monetization

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New Fortress Energy
United States

New Fortress Energy Names Andrew Dete President

NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its board of directors has agreed to appoint Andrew Dete, Managing Director, to the role of President of NFE, joining the senior management team of Chairman and CEO Wes Edens, General Counsel Cameron MacDougall and Chief Financial Officer Chris Guinta. “Andrew has been fundamental to NFE’s commercial … Continue reading New Fortress Energy Names Andrew Dete President

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greenpeace
Europe

Greenpeace comment on the International Energy Agency World Energy Outlook 2024

16 October 2024 – Press Release Paris, France – The International Energy Agency has released their latest World Energy Outlook report today, affirming ​​global demand for oil, gas, and coal is on track to peak by the end of this decade and warning that failure to accelerate climate action now will put the world on course for a global average temperature rise of 2.4oC by … Continue reading Greenpeace comment on the International Energy Agency World Energy Outlook 2024

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Forum Energy Technologies
United States

Forum Energy Technologies Announces $100 Million Bond Issuance

October 14, 2024 – HOUSTON – Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today the commencement of a backstopped private offering of USD $100.0 million aggregate principal amount of 5-year senior secured bonds (the “Offering”). FET intends to use the net proceeds from the Offering, together with cash on hand, to redeem in full all outstanding 9.000% Convertible Senior Secured Notes due 2025 (the … Continue reading Forum Energy Technologies Announces $100 Million Bond Issuance

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Excelerate Energy
United States

Former Ambassador Peter D. Haas Joins Excelerate Energy as Strategic Advisor

Haas brings decades of diplomatic experience across Asia, Europe, and North Africa THE WOODLANDS, Texas – Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or “Company”) is pleased to announce the addition of Ambassador (ret.) Peter D. Haas as a Strategic Advisor to the Company. Ambassador Haas retired from the U.S. Foreign Service on September 27 after 33 years of U.S. government service, most recently as Ambassador … Continue reading Former Ambassador Peter D. Haas Joins Excelerate Energy as Strategic Advisor

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McDermott
United States

McDermott Awarded FEED Contract in Mozambique

News provided by McDermott International, Ltd, Sep 30, 2024 HOUSTON, Sept. 30, 2024 /PRNewswire/ — McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A. The Rovuma LNG Phase 1 project represents a significant … Continue reading McDermott Awarded FEED Contract in Mozambique

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KPMG Kazakhstan
Asia

Energy Transition and Its Impact on the Oil and Gas Industry

Article by Gabit Musrepov and Alexander Batrov in Investors’ Voice for the American Chamber of Commerce in Kazakhstan Published in Investors’ Voice by the American Chamber of Commerce in Kazakhstan 1. Basic concepts related to the energy transition. The energy transition is one of the most important tools for achieving Carbon Neutrality, a goal set by countries that have ratified the 2015 Paris Agreement on Climate Change. … Continue reading Energy Transition and Its Impact on the Oil and Gas Industry

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