Energy News

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May 31, 2025 at 1:43 AM

Delaware Court Further Extends Topping Period for Citgo Sale Process to June 18, 2025; Confirms Other Deadlines

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today the U.S. District Court for the District of Delaware (the “Court”) issued an order that further extended the Topping Period for submitting bids for the purchase of the shares of PDVH, the indirect holding company of Citgo Petroleum, to June 18, 2025. The order granted a motion by the Venezuela Parties (Citgo Petroleum, PDVH, PDVSA and the Republic of Venezuela...
May 30, 2025 at 8:14 PM

EverGen Infrastructure Reports Q1 2025 Results

VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQX: EVGIF), today reported financial results as at and for Q1 2025. All amounts are in Canadian dollars unless otherwise stated and have been prepared in accordance with IFRS. Financial Highlights for Q1 2025: Revenues of $1.9 million for Q1 2025 decreased 41% compared to the same period last year, primarily driven by reduced volumes (due to unexpected operating disturbances)...
May 30, 2025 at 6:02 PM

Leading Independent Proxy Advisor ISS Recommends Sherritt Shareholders Vote FOR All Resolutions and Director Nominees

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S), a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition – today reported that Institutional Shareholder Services Inc. (“ISS”) has recommended that shareholders vote FOR all resolutions and director nominees ahead of the upcoming Annual and Special Meeting of Shareholders. ISS is a leading independent proxy ad...
May 30, 2025 at 5:00 PM

Pembina Pipeline Corporation Announces Redemption of Series 19 Preferred Shares

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its intention to redeem its issued and outstanding Cumulative Redeemable Floating Rate Reset Class A Preferred Shares, Series 19 ("Series 19 Shares") (TSX: PPL.PR.S) on June 30, 2025 (the "Redemption Date"). Pembina intends to redeem all of its 8,000,000 issued and outstanding Series 19 Shares, in accordance with the terms of the Series 19 Shares, as set out in the...
May 30, 2025 at 4:30 PM

Corning Energy Announces CEO Appointment

CORNING, N.Y.--(BUSINESS WIRE)--Corning Energy is pleased to announce that Tony Dorazio has been appointed Chief Executive Officer, effective June 2, 2025. Mr. Dorazio brings more than four decades of utility and energy industry experience. Throughout his career, he has led multiple organizations through complex industry transformations, while delivering value for stakeholders. Under Dorazio’s leadership, Corning Energy will continue its unwavering commitment to delivering safe, reliable and af...
May 30, 2025 at 4:15 PM

Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that, effective on May 7, 2025, the Compensation Committee of Energy Vault’s Board of Directors granted to 4 new, non-executive employees, restricted stock unit awards covering 481,000 shares of its common stock under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the “Inducement Award Plan”). Ou...
May 30, 2025 at 4:01 PM

EY US names Rod Larson of Oceaneering as a Finalist for Entrepreneur Of The Year® 2025 Gulf South Award

HOUSTON--(BUSINESS WIRE)--EY US names Rod Larson of Oceaneering as a Finalist for Entrepreneur Of The Year® 2025 Gulf South Award....
May 30, 2025 at 11:22 AM

Global Gas Separation Membranes Market Report 2026-2036, with Profiles of 30+ Leading Market Players including Air Liquide, Arkema, Carbon Xtract, DiviGas, Grasys, H2SITE, Kuraray, OooYoo & Osmoses - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Market for Gas Separation Membranes 2026-2036" report has been added to ResearchAndMarkets.com's offering. The gas separation membrane market represents a rapidly expanding sector within the broader membrane technology industry, driven by increasing industrial demand for efficient gas separation solutions and stringent environmental regulations. The market's growth is primarily fueled by several key drivers. Growing demand for biogas production, where gas se...
May 30, 2025 at 11:14 AM

Industrial Gases Market Industry Trends and Global Forecasts to 2035 | Cryogenic Air Separation Emerges as Major Technology Segment - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Industrial Gases Market Industry Trends and Global Forecasts to 2035: Distribution Type of Product, Type of Gas, Type of Technology, Type of Application, Type of End User, Type of Distribution, Company Size and Key Geographical Regions" report has been added to ResearchAndMarkets.com's offering. The global industrial gases market size is estimated to grow from USD 102.9 billion in 2025, to USD 219.9 billion by 2035, at a CAGR of 7.15% during the forecast period, ti...
May 30, 2025 at 10:52 AM

Venture Global, Inc. Announces Record Date for Cash Dividend

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global, Inc. Announces Record Date for Cash Dividend...
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