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Manora Drilling Update: Valeura Energy

Manora Drilling Update: Valeura Energy

SINGAPORE, March 03, 2025 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the successful completion of an infill drilling campaign at the Manora field in Licence G1/48 (70% operated working interest), offshore Gulf of Thailand. Dr. Sean Guest, President and CEO commented: “Our most recent drilling at [...]

Saudi Arabia’s Ministry of Energy awards prestigious feedstock allocation for joint project between Sipchem and LyondellBasell

Saudi Arabia’s Ministry of Energy awards prestigious feedstock allocation for joint project between Sipchem and LyondellBasell

Award marks important milestone in feasibility study of Saudi-based world-scale steam cracker and derivatives AL KHOBAR, Kingdom of Saudi Arabia and HOUSTON, Feb. 27, 2025 (Korea Bizwire) – Sipchem and LyondellBasell (LYB) have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed [...]

Copenhagen Infrastructure Partners acquires Morecambe, a fixed-bottom offshore wind project in the United Kingdom

Copenhagen Infrastructure Partners acquires Morecambe, a fixed-bottom offshore wind project in the United Kingdom

Morecambe is a 480MW advanced stage fixed bottom offshore wind project with good fundamentals and located off the west coast of England COPENHAGEN, Denmark, Feb. 26, 2025 (Korea Bizwire) – Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to acquire the full ownership of offshore [...]

Pacific Green Signs Agreement to Sell Its 250MW / 500MWh Limestone Coast North Battery Energy Park Development

Pacific Green Signs Agreement to Sell Its 250MW / 500MWh Limestone Coast North Battery Energy Park Development

Sydney, Feb. 21, 2025 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has signed binding documentation for the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”). The [...]

Natural gas remains the crucial bridge in the energy transition, yet challenges persist

Natural gas remains the crucial bridge in the energy transition, yet challenges persist

Wood Mackenzie report highlights gas’s role in supporting renewables and reducing emissions; carbon prices needed to support LNG’s displacement of coal; analysis shows LNG is 60% less GHG-intensive than coal LONDON/HOUSTON/SINGAPORE, February 20, 2025 – Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away [...]

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial operating facility in Hachinohe, Japan Following the commercial-scale production of calcine in September 2024, PAMCO engineers fed calcine material into the company’s 3,000 kVA DC [...]

WillScot Broadens Capital Allocation by Initiating Cash Dividend Program

WillScot Broadens Capital Allocation by Initiating Cash Dividend Program

PHOENIX, Feb. 18, 2025 (Korea Bizwire) – WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its Board of Directors (“Board”) has declared the initiation of a quarterly cash dividend program consistent with the Company’s commitment to returning capital to shareholders, while continuing to invest in [...]

BYD Energy Storage Signed World’s Largest Grid-scale Battery Storage Projects of 12.5GWh

BYD Energy Storage Signed World’s Largest Grid-scale Battery Storage Projects of 12.5GWh

SHENZHEN, Feb. 17, 2025 (Korea Bizwire) – Recently, BYD Energy Storage and Saudi Electricity Company successfully signed the world’s largest grid-scale energy storage projects contracts with a capacity of 12.5GWh at the time. Combined with the previously delivered 2.6GWh project, the total cooperation now has amounted to a massive 15.1GWh of projects. This cooperation is [...]

Fluence Unveils Smartstack, a High-Density AC-based Energy Storage Platform with a Breakthrough Modular Design

Fluence Unveils Smartstack, a High-Density AC-based Energy Storage Platform with a Breakthrough Modular Design

Backed by Fluence’s industry-leading project deployment expertise, Smartstack delivers advanced intelligence, approximately 30% higher energy density compared to other leading market solutions, and drives enhanced overall project economics ARLINGTON, Va., Feb. 13, 2025 (Korea Bizwire) – Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, [...]

Valeura Energy Inc.: Record Reserves and Resources at Year-End 2024: 2P Reserves Replacement Ratio of 245%

Valeura Energy Inc.: Record Reserves and Resources at Year-End 2024: 2P Reserves Replacement Ratio of 245%

SINGAPORE, Feb. 13, 2025 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the results of its third-party independent reserves and resources assessment as at year-end 2024. Highlights Record high year-end reserves: 32 MMbbl proved (1P), 50 MMbbl proved plus probable (2P) and 60 MMbbl proved plus probable [...]