Wilson Sons reports revenues of R$1.1 billion in the first half of the year, a 5% increase, and net profit of R$160 million

Wilson Sons registered net revenues of R$539.6 million (US$109.6 million) in the second quarter of 2022 (2Q22), up 6% against the 2021 comparative. In the first six months of the year (6M22), revenues totalled R$1.1 billion (US$211,0 million), a 5% increase year-over-year. The company, listed on the Novo Mercado segment under ticker symbol PORT3, released... Continue Reading →

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3R Petroleum 2Q22 earnings release

3R Petroleum Óleo e Gas S.A. (“3R” or “Company”) (B3: RRRP3) hereby presents its earnings for the second quarter of 2022 (“2Q22”).  Except as indicated otherwise, the financial and operational information described in this document is presented on a consolidated basis and in Brazilian Reais (R$), in accordance with International Financial Reporting Standards (IFRS). SECOND... Continue Reading →

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Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier Strohm

HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the EUR 10 million in the... Continue Reading →

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Methane Emissions from U.S. Shallow Offshore Platforms Exceed Those on Land, Study Finds

(OE) Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday. The study, by researchers at non-profit Carbon Mapper, the University of Arizona, NASA's Jet Propulsion Laboratory, the University of Michigan and Arizona State... Continue Reading →

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Petrobras on the sale of potassium mining rights

Petróleo Brasileiro S.A. – Petrobras informs that it has begun the opportunity disclosure stage (teaser), referring to the sale of its mining rights for research and mining of potassium salts located in the Amazon Basin. The teaser, which contains the main information about the opportunity, as well as the eligibility criteria for the selection of... Continue Reading →

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API urges investment in expanding American oil & gas production to ensure energy security – Long read

(OEM) The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy demand is outstripping supply... Continue Reading →

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