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ChampionX Reports Third Quarter 2024 Results

Revenue of $906.5 million Net income attributable to ChampionX of $72.0 million Adjusted net income of $85.9 million Adjusted EBITDA of $197.5 million Income before income taxes margin of 11.2% Adjusted EBITDA margin of 21.8% Cash from operating activities of $141.3 million and free cash flow of $108.1 million THE WOODLANDS, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) — ChampionX …

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Shell to acquire combined-cycle power plant in priority U.S. trading market

HOUSTON, Oct. 23, 2024 /CNW/ — Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has signed an agreement to acquire a 100% equity stake in RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA. This acquisition secures long-term supply and capacity offtake for Shell in the …

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Elevate Renewables Selected to Receive $27.5 Million in DOE Federal Funding for Innovative Use of Battery Energy Storage System Through “Green Sync” Inertia Project at Devon Generating Station in Milford, CT.

BOSTON, Oct. 18, 2024 (GLOBE NEWSWIRE) — Elevate Renewables (“Elevate” or the “Company”), a leading battery storage development company is pleased to announce that its Innovative Inertia Project at the Devon Generating Station in Milford, CT. has been selected to receive $27.5 million in federal funding under the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships …

Elevate Renewables Selected to Receive $27.5 Million in DOE Federal Funding for Innovative Use of Battery Energy Storage System Through “Green Sync” Inertia Project at Devon Generating Station in Milford, CT. Read More »

SLB Announces Definitive Agreement to Sell Its Interests in Palliser Block

HOUSTON–(BUSINESS WIRE)–Global energy technology company SLB (NYSE: SLB) today announced that it has entered into a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada. The Palliser Block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights. The transaction, which is …

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APA Corporation provides third-quarter 2024 supplemental information and schedules results conference call for November 7 at 10 a.m. central time

HOUSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the third-quarter 2024. It is provided to assist investors, analysts and others in formulating …

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Baker Hughes Lands Largest Integrated Compressor Line Order in Company’s History

Baker Hughes Integrated Compressor Line (ICL) technology to enhance gas swing storage capacity as part of the United Arab Emirates decarbonization strategy Scope includes 10 ICL units to be installed at Margham Gas storage facility in the Emirate of Dubai HOUSTON and LONDON, Oct. 08, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy …

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Hazloc Heaters Introduces the XEF1 ExhaurioTM Series of Explosion-Proof Exhaust Fans for Hazardous Locations

  Hazloc Heaters™, a leading manufacturer of industrial unit heaters for hazardous and severe duty locations is pleased to announce the introduction of the XEF1 ExhaurioTM Series of explosion-proof exhaust fans for hazardous locations. The XEF1 ExhaurioTM series of heavy duty industrial-grade explosion-proof wall mount exhaust fans are engineered to meet the most demanding requirements …

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Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Eeek of October

Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under “EXE” ticker symbol OKLAHOMA CITY and SPRING, Texas, Sept. 26, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies’ pending combination under …

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Allied Energy Corporation (OTC: AGYP) Announces Operational Launch of Sloan Petroleum and Enerhash USA Project, Paving the Way for Future Growth

CARROLLTON, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Allied Energy Corporation (OTC: AGYP) announces that the Sloan Petroleum and Enerhash USA project is now fully operational, working at 1MW off the flare gas from the Frost location. This project, which features the placement of advanced Bitcoin mining containers by Enerhash on the Sloan property, promises …

Allied Energy Corporation (OTC: AGYP) Announces Operational Launch of Sloan Petroleum and Enerhash USA Project, Paving the Way for Future Growth Read More »

Battalion Oil Corporation Announces Amendment to Merger Agreement with Fury Resources, Inc.

Houston, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it has entered into an amendment to the previously disclosed Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or “Parent”), pursuant to which Parent has agreed to …

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