i3 Energy PLC has received a possible offer pursuant to Rule 2.4 of the Takeover Code and a firm offer pursuant to Rule 2.7 of the Takeover Code. These announcements were originally made outside of the regulatory news service operating hours due to the dual listing of the company in Canada. This has resulted in… Continue reading I3 ENERGY PLC ANNOUNCES CONFIRMATION OF THE STATUS OF RECOMMENDED OFFER

Crude oil futures experienced a decline for the fourth time in five days on Monday, largely due to concerns over weakening demand and ongoing geopolitical tensions. U.S. Secretary of State Antony Blinken is currently in Israel, where he emphasized the urgency of achieving a cease-fire to end the ongoing conflict in Gaza and secure the… Continue reading Oil prices fall for fourth session in five as U.S. pushes for Gaza cease-fire

Vancouver, British Columbia–(Newsfile Corp. – August 19, 2024) – Hybrid Power Solutions Inc. (CSE: HPSS) (OTCQB: HPSIF) (FSE: E092)(“Hybrid” or the “Company“) announces that it has amended the terms of its outstanding secured convertible debentures representing a principal amount of approximately $161,100 (the “Debentures“). The Debentures are held by one arm’s length party (the “Debentureholder“) and… Continue reading Hybrid Power Solutions Amends Outstanding Secured Convertible Debentures

U.S. crude oil futures experienced a 1% increase on Thursday, recovering from two previous days of decline and approaching $78 per barrel. The price spike earlier in the week saw U.S. crude exceed $80 per barrel, driven by escalating tensions between Israel and Iran, which led the Pentagon to deploy forces to the Middle East.… Continue reading U.S. crude oil rebounds 1% after falling for two days

Tech companies are increasingly pursuing direct connections between their data centers and nuclear power plants to meet their growing demand for clean energy. Data centers, which are vital for managing the vast amount of data generated by the internet, often require power levels comparable to that produced by a nuclear reactor. This demand has intensified… Continue reading Tech companies want nuclear power. Some utilities are throwing up roadblocks

U.S. crude oil prices fell by over 1% on Tuesday as concerns about slowing global demand, particularly in China, outweighed geopolitical tensions between Iran and Israel. The market’s focus has shifted back to fundamentals after the International Energy Agency (IEA) and OPEC highlighted weakening consumption in China. West Texas Intermediate (WTI) crude for September settled… Continue reading U.S. crude oil falls more than 1% as slowing global demand overshadows Iran-Israel tensions

On Wednesday, U.S. crude oil futures rebounded as stock markets ended a three-day losing streak. Following a challenging period marked by recession fears, the S&P 500 and Dow Jones Industrial Average saw gains, with the S&P 500 rising 1% and the Dow Jones adding nearly 300 points. This recovery in equities provided a boost to… Continue reading U.S. crude oil rises more than 2% after stock market snaps losing streak

Sunrun’s stock surged nearly 14% on Wednesday, buoyed by the bankruptcy filing of its competitor, SunPower. Sunrun CEO Mary Powell highlighted the company’s strategic advantage, noting that Sunrun is actively engaging with former SunPower dealers to expand its market presence. This move is part of Sunrun’s broader strategy to capitalize on the shifting dynamics in… Continue reading Sunrun sees market opportunity after SunPower files for bankruptcy, company’s shares surge

First Solar reported strong second-quarter results, surpassing analysts’ expectations with earnings per share of $3.25 against an anticipated $2.69 and revenue of $1.01 billion compared to the forecasted $941.5 million. This represents a 24% increase from $810 million in the same period last year. Net income more than doubled, reaching $349.4 million, or $3.25 per… Continue reading First Solar tops second-quarter estimates but leaves forecast unchanged amid election uncertainty

On Wednesday, U.S. crude oil futures surged by over 3% following the assassination of Hamas political leader Ismail Haniyeh in Tehran, Iran, an event that heightened fears of a potential regional war in the Middle East. West Texas Intermediate crude for September delivery rose to $77.28 per barrel, marking a 3.51% increase, while Brent crude… Continue reading U.S. crude oil jumps more than 3% after Hamas political leader assassinated in Tehran

On Tuesday, U.S. crude oil futures fell to their lowest levels since early June, driven largely by concerns over China’s economic performance, which overshadowed recent escalations in the Middle East. According to Tamas Varga, an analyst with the oil brokerage PVM, macroeconomic factors have significantly influenced investor sentiment, leading to a sharp decline in oil… Continue reading U.S. crude oil falls below $76 per barrel, lowest level since early June

British oil giant BP reported a stronger-than-expected net profit of $2.8 billion for the second quarter, surpassing analyst expectations of $2.6 billion. Despite previously warning of lower refining margins, the company also increased its dividend by 10% to 8 cents per share and maintained a $1.75 billion share buyback program over the next three months.… Continue reading Oil major BP raises dividend as second-quarter profit beats expectations