News by subject: DSC

The North Slope of Alaska is home to one of the hottest exploration oil plays currently ongoing in the world today. In 2013, Armstrong Oil & Gas, Inc, along with its partner Repsol kicked off the play with the multi-billion barrel oil discovery of...

GeoPark Limited ("GeoPark" or the "Company") , a leading independent Latin American oil and gas explorer, operator and consolidator, today announced the final results of its tender offer to purchase its common shares, or the shares, at (i) prices...

TAG Oil Ltd.  ("TAG Oil" or the "Company") is pleased to announce that completion and multistage hydraulic fracture equipment, personnel, camp and natural frac sand have been mobilized to the BED4-T100 ("T100") well location. Additionally, static...

China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters. The milestone has revealed the...

Chord Energy Corporation ("Chord" or "Chord Energy") and Enerplus Corporation ("Enerplus") announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the pending...

With reference to the announcement 5 April 2024 regarding a new issue of NOK 300 million in a 7-year senior unsecured bond, Aker ASA has subsequently issued an additional NOK 200 million in the 7-year senior unsecured bond. The new outstanding amount...

Borr Drilling Limited (the "Company") (OSE: BORR) has today received a notice of temporary suspension of operations for its rig "Arabia I", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected...

Ernst & Young Inc., in its capacity as Court-appointed Receiver (the "Receiver") of Deep Well Oil & Gas (Alberta) Ltd. and Northern Alberta Oil Ltd. (collectively, "Deep Well"), is undertaking a sale and investment solicitation process ("SISP") for a...

The formation of the Thermal Diffusion Society marks a stride in fostering collaboration and innovation within the materials science sector, particularly in thermal diffusion technology. Supported by Alteriver and industry leaders, the society aims...

BlueNord ASA ("BlueNord" or the "Company") is pleased to announce that following the successful stimulation of the Halfdan Well HBA-27B, first production has been achieved with initial production rate in line with the expectation of net 3 kboe/day....

China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has recently filed the 2023 Annual Report and disclosed the group's operating revenue in accordance with International Financial Reporting Standards (IFRS), hitting 3.21 trillion yuan (USD...

Aker Solutions today publishes its annual report, remuneration report and corporate governance report for 2023. Correction: New versions of reports enclosed due to an incorrect file name of the file containing the annual financial statements in...

MCF Energy Ltd. (FRA: DC6) ("MCF", "MCF Energy" or the "Company") is pleased to announce a potentially significant gas and condensate discovery at the Welchau-1 well in Austria. The well encountered 115 metres of rich gas shows between 1,452 metres...

The "Global Gas and Flame Detection Products Market (2024 Edition): Analysis By Type (Fixed Gas Detection Systems, and Portable Gas Detection Systems), By Application, By End-Use Industry, By Region, By Country: Market Insights and Forecast...

At the MWC Barcelona 2024, SONATRACH, the state-owned oil company of Algeria shared the achievements of the smart oil and gas pipeline fiber sensing inspection solution deployed with Huawei. The solution ensures high security, intelligence, and high...

Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of "unchanged" status (a PMI® reading of 50 percent) and 28 months of growth prior to that, say the nation's supply...

Royal Helium Ltd. ("Royal" or the "Company") is pleased to announce its initial set of development plans for 2024. With a focus on high grading the existing drilled fields in Saskatchewan, Royal's development efforts will be centred on the...

In a significant step forward for Canada's plan to manage used nuclear fuel, the Nuclear Waste Management Organization (NWMO) has entrusted PTAG Inc. with the pivotal role of Collaborative Contracting Facilitator and Coach for its...

Please find enclosed the presentation of Borr Drilling Limited's fourth quarter 2023 results to be held on the webcast/conference call at 15:00 CET (9:00 AM New York time) on February 22, 2024.  In order to listen to the presentation, you may do one...

As part of the signing ceremony witnessed by H.H. the Amir Sheikh Tamim bin Hamad Al-Thani and H.E. the President of the Republic of Kazakhstan Kassym-Jomart Tokayev, and as part of a series of contracts signed between Qatari companies and various...

Following the success of the inaugural MiningNews Select investor conference in Perth last year, leading resources information provider Aspermont Ltd has expanded the offering in 2024 to include a Sydney leg, and welcomed resources investment legend...

Thai Oil Public Company Limited has achieved the highest score for sustainable development in the Oil & Gas Refining and Marketing Industry for the 8th year from the Dow Jones Sustainability Indices (DJSI) assessment, reflecting the Company's high...

Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market. The agreement leverages...

DESERT MOUNTAIN ENERGY CORP. (the "Company") (U.S. OTC: DMEHF) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce the successful reassembly of its natural gas and helium processing and extraction facility....

Royal Helium Ltd. ("Royal" or the "Company") today announced that the Board of Directors has granted an aggregate of 950,000 stock options (the "Options"), 5,963,635 performance share units (the "PSUs") and 909,070 deferred share units (the...

With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories...

OleumTech®, a leading provider of industrial automation and IoT solutions, proudly introduces the new Multivariable (MVS) Transmitter to its H Series hardwired process instrumentation product line. Specifically designed to seamlessly integrate with...

Acclaimed actor and Boston native Donnie Wahlberg is joining forces with Clean Fuels Alliance America in a dynamic campaign to raise awareness about Bioheat® fuel, an eco-friendly and sustainable home heating solution derived from plants, including...

Tuktu Resources Ltd. ("Tuktu" or the "Company") is pleased to advise that it has completed its previously announced brokered private placement (the "Private Placement"). Pursuant to the Private Placement, the Company received gross proceeds of...

Advanced Hydrocarbon Fuels Limited (AHFL) has targeted the UK as the home of the first commercial-scale plant to demonstrate its revolutionary process to create fuel from waste plastic. AHFL's process is the first of its kind not to require use of a...

H2U Technologies, a next-generation electrolyzer developer, and De Nora, the world's largest supplier of high-performing catalyst-coated membranes, today announced an R&D agreement to identify and develop...

Total Helium Ltd. ("Total Helium" or the "Company") (FRA: Y02.F) provides the following updates on the Pinta South project. The Arizona Oil and Gas Conservation Commission has approved a drilling permit for the 23-10, the first of five additional...

With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories...

With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories...

MCF Energy Ltd. (FRA: DC6) ("MCF Energy" or the "Company") over the past 12-months, has demonstrated unwavering commitment to establishing a robust portfolio of natural gas weighted exploration prospects. The Company's strategic vision centers on...

Total Helium Ltd. ("Total Helium" or the "Company") , (FRA: Y02.F) is pleased to provide an update on the first 19 wells drilled on the Company's flagship Pinta South Project in Arizona. 19 WELLS DRILLED WITH 9 CONNECTED TO PIPELINETo date, 9 wells...

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....