G7 members should not compete against each other on renewables, von der Leyen says

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 (Reuters) – The Group of Seven (G7) rich nations should work together to access technology and secure sources of critical minerals for a green transition, creating additional manufacturing capacity rather than competition, a top European diplomat said on Friday. The G7 is accelerating its push towards greener technologies after Russia’s invasion of Ukraine disrupted decades-long …

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Baytex Provides Update with Respect to Closing of Ranger Acquisition

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Calgary, Alberta – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) provides an update with respect to closing of the previously announced acquisition of Ranger Oil Corporation (“Ranger”) by Baytex (the “Merger”). Baytex has filed its Registration Statement on Form F-4 which has been declared effective by the U.S. Securities Exchange Commission (“SEC”). Baytex’s Registration Statement …

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U.S. advances major southwestern transmission project

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WASHINGTON, May 18 (Reuters) – The Department of the Interior’s Bureau of Land Management on Thursday announced it had completed the environmental review of a transmission project that can transport up to 4,500MW of mostly renewable energy across the southwestern U.S. The step moves the project close to the finish line some 15 years after …

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U.S. natgas up 2% to two-month high as Canada wildfires keep exports low

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U.S. natural gas futures rose about 2% to a two-month high on Thursday as wildfires kept gas exports from Canada near a 25-month low. That price increase came ahead of a federal report expected to show a bigger-than-usual U.S. storage build last week when mild weather kept demand for the fuel low for both heating …

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Shell Demands Profits From Green Energy Unit, Not Just CO2 Cuts

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Shell Plc executives are telling their renewable power business that it needs to become more profitable, not just deliver lower carbon emissions, and pull back from the less successful elements of its clean-energy strategy. That was the message from Steve Hill, executive vice president of Shell Energy, at an internal town hall for his team …

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Epsilon Announces a Second Transaction in the Permian Basin

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HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported an investment in Ector County, Texas with material follow-on development opportunities. Epsilon is pleased to announce entering into a second drilling focused transaction in the Permian Basin. The acquired assets are a 25% working interest in 12,373 …

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Maximizing Break-Up: A Data-Driven Approach to Streamlined Operations

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Should I be looking into ERPs during break-up? If you’re seeking ways to enhance operational efficiency, optimize processes, and stay ahead of the competition, YES! Enterprise Resource Planning (ERP) software is one powerful tool that can revolutionize your business operations. Among the leading providers in the market, Discovery Solutions stands out with its cutting-edge ERP …

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