Equinor and Shell to form new UK oil and gas company
The new energy company will be jointly owned by both corporations, with each having a 50% share distribution, and will be operational by the end of 2025.
January 4, 2025
Publications of Joshua Falcon
United Kingdom leaves EU energy treaty
Joshua Falcon, February 26, 2024.
The UK government announced on Thursday its intention to follow the example of several European countries by withdrawing from a controversial energy treaty. This move is in response to the inability to modernize an agreement established in the 1990s, after negotiations to update it failed.
February 26, 2024
Oil companies reject Permian nuclear waste storage
Joshua Falcon, February 26, 2024.
On the threshold of a nuclear renaissance, the United States is positioning itself to move into a new energy era. Aiming to compete with global leaders such as China in the clean energy domain, the U.S. has rediscovered the potential of nuclear power.
February 26, 2024
More than 470 Anadarko wells available to Benchmark Energy
Joshua Falcon, February 26, 2024.
Benchmark Energy II, LLC, a majority-owned subsidiary of Acacia Research Corporation, is in the process of acquiring certain exploration and production assets, including significant Anadarko wells, along with related facilities in Texas and Oklahoma.
February 26, 2024
Company Eyes Lucrative Investment in Metal Mining Assets
Joshua Falcon, February 26, 2024.
Elliott Investment Management is in the final stages of preparation to establish Hyperion, a new entity endowed with an investment fund in excess of $1 billion. The objective of this initiative is to channel resources to metal mining assets globally.
February 26, 2024
Plans to install fusion power at coal-fired power plant begin
Joshua Falcon, February 26, 2024.
Type One Energy, a renewable energy firm, has ambitious plans to transform a coal-fired power plant into a prototype fusion power facility. This project will be carried out at the Bull Run Fossil Plant in Tennessee, USA.
February 26, 2024
Shell Energy announces historic LNG trading gain
Joshua Falcon, February 26, 2024.
Shell Energy Solutions announced a historic $2.4 billion gain on LNG trading in the final quarter of 2023, with LNG accounting for nearly one-third of its adjusted earnings in the fourth quarter.
February 26, 2024
