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Oil price, PetroTal, JOG, IGas, Pharos And finally…

Oil price, PetroTal, JOG, IGas, Pharos And finally…
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

An energy transition essential : wave-powered oil & gas production heads for pilot off UK

8 March 2021 19:19 GMT Updated  8 March 2021 19:22 GMT Wave power technology developer Mocean Energy and energy storage outfit EC-OG have joined a group of North Sea oil players to pilot a clean-energy system that would run subsea equipment on offshore fields, in the latest example of the emerging market for renewables-powered hydrocarbon production. The 10kW demonstrator, funding for which has been spilt 50/50 between the technology development body OGTC and project partners Chrysaor, Modus and Baker Hughes, will be switched on at a facility in Aberdeen, Scotland, this summer, with sea-trials “later in the year”. “The decarbonisation of oil & gas operations is essential for the energy transition. Our technology uses renewable energy from waves to deliver low carbon power for subsea equipment, including tiebacks and future fleets of autonomous underwater vehicles,” said Cameron McNatt, Mocean Energy’s managing director.

TRADING UPDATES: Gaming Realms Record Month; Eden Research Loss Widens

TRADING UPDATES: Gaming Realms Record Month; Eden Research Loss Widens Thu, 11th Feb 2021 11:37 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Eden Research PLC - biopesticides and plastic-free formulation technology company - Revenue for 2020 expected to be GBP1.6 million, down from GBP2.0 million in 2019, with a pretax loss and statutory operating loss of around GBP2.6 million versus GBP1.4 million in 2019. Product sales during the period were affected by the impact of the global pandemic on the hospitality industry which, in turn, affected wine grape production methods and, inevitably, the widespread use of crop protection products. In addition, regulatory processes around the world were impacted by wide-scale disruptions to the working practices of government agencies as a direct consequence of the pandemic, company says.

Revealed: The North Sea oil giants fueling climate change

Revealed: The North Sea oil giants fueling climate change with millions of tonnes in preventable emissions Labour calls for flaring ban as documents obtained by Unearthed reveal the companies responsible for the climate-warming emissions spewing from North Sea rigs Oil companies are burning huge volumes of natural gas in order to save money. Credit: Marten van Dijl / Greenpeace Revealed: The North Sea oil giants fueling climate change with millions of tonnes in preventable emissions Labour calls for flaring ban as documents obtained by Unearthed reveal the companies responsible for the climate-warming emissions spewing from North Sea rigs Oil companies are burning huge volumes of natural gas in order to save money. Credit: Marten van Dijl / Greenpeace

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