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Natural Gas & Energy News

Energy Co. Helping Explorers Switch From Diesel Fuel to Natural Gas
August 15, 2022 ( Newswire) With Enterprise Group Inc.'s stocks steadily improving, expert Clive Maund reviews the latest updates with the company, including news with its wholly owned subsidiary Evolution Power Projects Inc.

The USD and Oil Were on a Tear, but the Dollar Fell Overboard
August 11, 2022 ( Newswire) The dollar fell following lower-than-expected US inflation data, to the advantage of black gold. What else is driving crude oil prices these days?

Energy Stock News: Suncor Energy (TSX: SU) Declares Dividend
Calgary, Alberta - August 5, 2022 (Newsfile Corp.) ( Newswire) Suncor (TSX: SU) (NYSE: SU) Energy's Board of Directors has approved a quarterly dividend of $0.47 per share on its common shares, payable September 26, 2022 to shareholders

Energy Co. Looks for Cash Producing Oil & Gas Assets in Africa
August 3, 2022 ( Newswire) Tenaz Energy Corp. reported it was unsuccessful in obtaining the number of votes needed from SDX Energy Plc.'s shareholders to acquire the company.

Big Oil Gaslight: Industry Buys Only 18% of Public Land For Gas Leases They Told Feds to Sell
WASHINGTON, D.C. - August 2, 2022 ( Newswire) Today, Accountable.US released a new report revealing the oil industry only purchased 18% of the oil leases that they petitioned the Bureau of Land Management to sell.

Oil and Gas Stock News: Alpine Summit Energy Partners (TSXV: ALPS.U) Announces August 2022 Dividend
Nashville, Tennessee and Vancouver, British Columbia - August 2, 2022 (Newsfile Corp.) ( Newswire) Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of August 2022.

Energy Stock News: New Stratus Energy (TSXV: NSE) Announces Fourth Quarter and Year End 2022 Financial and Operating Results & 2022 Reserves
Calgary, Alberta - August 2, 2022 (Newsfile Corp.) ( Newswire) New Stratus Energy Inc. (TSXV: NSE) is pleased to announce its financial and operating results for the three months and year ended March 31, 2022

Big Oil Companies See 235% Increase In Profits Thanks to Months Of Sky-High Gas Prices
WASHINGTON, D.C. - July 29, 2022 ( Newswire) Today, Accountable.US released a striking new analysis showing that 8 of the largest oil companies in the country made a record-breaking $51 billion in profit in the second quarter of 2022.

Big Oil's Record Profits Wreak Havoc on Consumers, Economy
WASHINGTON, D.C. - July 29, 2022 ( Newswire) Fossil fuel behemoths Exxon and Chevron today announced record-breaking earnings in the second quarter of 2022.

Energy Stock News: CGX Energy (TSXV: OYL) and Frontera Energy (TSX: FEC) Announce Transaction for the Corentyne Block That Secures Funding for the Wei-1 Exploration Well
Toronto, Ontario - July 22, 2022 (Newsfile Corp.) ( Newswire) CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of Frontera on January 30, 2019

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Oil and Gas News from Newsfile

UGE Reports Second Quarter 2022 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 15, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, reports its financial results for the quarter ended June 30, 2022. UGE reports all amounts in US dollars.In Q2 2022, UGE continued to grow its business of developing, building, financing, owning, and operating community and commercial solar facilities.Key business and financial highlights for Q2 2022 included:Project development...

TriSummit Utilities Inc. Closes $100 Million Medium-Term Note Offering
Calgary, Alberta--(Newsfile Corp. - August 15, 2022) - TriSummit Utilities Inc. ("TSU") announced that it has completed its $100 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 5.28% and mature on August 15, 2052.The net proceeds resulting from the Offering will be used (i) as to approximately $98 million, to repay amounts outstanding under TSU's syndicated revolving credit facility and associated operating credit facility, and (ii) as...

GMG to Acquire THERMAL-XR(R) Manufacturing Intellectual Property and Brand Rights to Set Stage for Global Growth
Brisbane, Queensland, Australia--(Newsfile Corp. - August 15, 2022) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG") is pleased to announce that GMG and OzKem Pty Ltd ("OzKem") have signed a binding agreement for GMG to acquire the manufacturing intellectual property and brand rights of OzKem's THERMAL-XR® coating products. OzKem developed the THERMAL-XR® coating system products using GMG graphene together with OzKem's base HVAC (Heating Venting and Air Conditioning) coating. GMG is an international distributor of...

Bri-Chem Announces 2022 Second Quarter Financial Results
Edmonton, Alberta--(Newsfile Corp. - August 15, 2022) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2022 second quarter financial results.     ...

Remote Monitoring & Control Solutions Provider Acorn Reports Q2 Results Reflecting Growth in Hardware Sales and Improved Gross Margin

Investor Call Today at 11am ET

Wilmington, Delaware--(Newsfile Corp. - August 12, 2022) - Acorn Energy, Inc. (OTCQB: ACFN), a provider of Internet of Things (IoT) remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced results for its second quarter (Q2'22) ended June 30, 2022, driven by increased hardware revenue and continued improvement in gross margin. Acorn will host an investor call today at 11:00 a.m. ET to review its results and...

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