Substantial Progress in Reducing Debt, Lowering Costs, Enhancing Cash FlowStrong Commercial Project Backlog RONKONKOMA, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE) (the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced financial results for the first quarter ended March 31, 2025 (“Q1 2025”). The information in this Press Release is not complete and should b ...

Longanesi First Gas Sales Have Been AchievedFirst Quarter 2025 and Recent Company Highlights: AleAnna reported basic and diluted net loss per common share of ($0.05) for the quarter ended March 31, 2025, compared with ($3.41) for the same period in 2024.AleAnna ended the quarter with cash and cash equivalents of approximately $27.8 million DALLAS, May 15, 2025 (GLOBE NEWSWIRE) -- AleAnna, Inc. (“AleAnna” or “the Company”) (NASDAQ: ANNA) today announced financial results for the first quarter of 2025. While ...

Solutions30, the European leader in multi-technical field services for the telecommunications, energy, and IT sectors, announces the appointment of Antoine Mirabel as CEO of its operations in France. He succeeds Amaury Boilot, who had been serving in this role on an interim basis since June 2023, in addition to his group-level responsibilities. The Group also announces the appointment of Oliver Fidorra as Co-CEO of its operations in Germany, alongside Luc Brusselaers, who also serves as the Group's Chief Re ...

Core Insights - Jacobs Solutions Inc. has been appointed as the Integrated Delivery Partner for the Marinus Link project, which will enhance electricity and telecommunications transmission between Tasmania and Victoria [1][2] - The Marinus Link project has a capacity of 1500 megawatts, supplying power to 1.5 million homes and is expected to create 3,300 jobs while generating $3.9 billion in economic growth [2][4] - Jacobs will manage the first 750-megawatt stage, overseeing technical engineering and construction packages [3][4] Project Details - The Marinus Link project spans approximately 345 kilometers using undersea and underground HVDC cables [1] - The project aims to improve energy reliability, support renewable energy use, and enhance the National Electricity Market [1][2] - It is classified as urgent in the Australian Energy Market Operator's optimal plan for the national grid and is included in the Australian Government's National Renewable Energy Priority List [5] Jacobs' Broader Involvement - Jacobs is also engaged in major energy infrastructure projects globally, including Suedlink in Europe and Xcel Energy's transmission program in the U.S. [6] - The company's backlog reached $22.16 billion at the end of the second quarter of fiscal 2025, reflecting a 20% increase year-over-year [8] - Jacobs' project execution efficiency has led to increased demand for its consulting services across various sectors [7][8] Market Performance - Jacobs' stock has decreased by 5.2% year to date, contrasting with the 6.7% growth of the Zacks Technology Services industry [10] - Despite market uncertainties, Jacobs is expected to benefit from trends in infrastructure modernization, energy transition, and national security [10]

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to improve significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience analyzing companies in tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - The Investing Group Deep Value Returns, led by Michael, offers insights through a concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The group provides "hand-holding" support for both new and experienced investors, fostering an active and vibrant community accessible via chat [3] - Seeking FCF is associated with Michael Wiggins De Oliveira, indicating a collaborative approach in investment strategies [3]

Material sent to 3rd party lab for analysisMONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces today that further to its news release dated May 13, 2025, and ...

Company Overview - SAGA Metals Corp. is a North American exploration company focused on discovering critical minerals that support the global transition to green energy [5] - The company's flagship asset is the Double Mer Uranium Project in Labrador, Canada, covering 25,600 hectares with significant uranium radiometrics [5] - SAGA also owns the Legacy Lithium Property in Quebec, developed in partnership with Rio Tinto, covering 65,849 hectares [6] - Additional exploration assets are located in Labrador, targeting titanium, vanadium, and iron ore [7] Key Appointment - Vernon Shein has been appointed to SAGA's board of advisors, bringing 39 years of exploration industry experience [2] - Shein previously served as Exploration Manager for Bema Gold Corp. and B2Gold, overseeing projects from exploration to production [2][3] - His notable projects include the Kupol Mine in Russia, Jabali Mine in Nicaragua, and the Montana open pit at the Masbate Mine in the Philippines [3] Strategic Focus - The initial focus for SAGA will be on the Radar Ti-V-Fe project near Cartwright, Labrador, which has shown exceptional results from its maiden drill program [4] - The company aims to fast track the Radar project towards advanced development, leveraging Shein's expertise [4] - Shein expressed enthusiasm for SAGA's diversified exploration programs targeting critical minerals essential for the green energy transition [4]

Financial Data and Key Metrics Changes - The company is currently pre-revenue and has an accumulated deficit of $56.4 million as of Q1 2025, compared to $52.6 million in FY 2024, indicating a significant increase in losses year-over-year [26] - The net loss for Q1 2025 was $3.8 million, which is $2.4 million higher than the previous year, driven primarily by increased general and administrative costs [26] - Cash and cash equivalents increased to $1.6 million in Q1 2025 from $0.9 million at the end of FY 2024, reflecting improved liquidity [25] Business Line Data and Key Metrics Changes - The company has incurred substantial operating losses as it prepares for commercial production of battery-grade lithium, with operating expenses expected to rise as personnel are recruited [26] - Net cash used in operating activities totaled $2.9 million for the quarter, up from $0.9 million in the prior year, indicating increased investment in operations and hiring [27] Market Data and Key Metrics Changes - The macro outlook for lithium remains strong, with global demand expected to more than double by 2030, driven by sectors such as electric vehicles and energy storage [4] - The evolving landscape of U.S. trade policies and tariffs has introduced volatility, but also highlights the strategic advantage of domestic operations for the company [6][9] Company Strategy and Development Direction - The company is advancing one of the largest lithium refineries in America, aimed at addressing the domestic refining capacity shortage and aligning with federal clean energy priorities [5] - The focus is on building a resilient supply chain for critical minerals, with efforts to engage with policymakers and align with national initiatives [10][19] Management's Comments on Operating Environment and Future Outlook - Management views current market conditions as a generational opportunity, emphasizing the importance of domestic lithium production amid geopolitical uncertainties [5][8] - The company is optimistic about the support from the U.S. government for critical minerals, which is expected to benefit its operations and align with national security goals [9][36] Other Important Information - The company has secured necessary permits for construction, including a general stormwater permit, and has confirmed that no industrial wastewater permit is required due to its closed-loop system [15][46] - A key service agreement has been executed with Oklahoma Gas and Electric to develop a dedicated electric substation, ensuring scalable power for the facility [17] Q&A Session Summary Question: Timeline for the final report of the engineering study - The company expects to release the final report of the engineering study within the current quarter [30][33] Question: Impact of federal support on green energy initiatives - Management believes that the prioritization of American mineral security under the new administration creates opportunities that may outweigh pressures on green energy initiatives [34][36] Question: Progress on securing feedstock for domestic supply - The company is well advanced in discussions regarding multiple supply opportunities for lithium feedstock, with a receptive market for domestic refining [44] Question: Outstanding permits needed before construction - The company has made substantial progress on permitting and is permitted to move forward with construction, having received necessary stormwater and minor air permits [45][46] Question: Increase in operating cash flow - The increase in operating cash flow is attributed to project development costs and operational cost increases related to going public and additional hires [51][52] Question: DLE equipment pilot facilities - The company has observed a ramp-up in upstream activity related to DLE technology and is using proven off-the-shelf technology for its midstream processing facility [56][58] Question: Sourcing of equipment and technology - The company is making efforts to source equipment domestically and has established guardrails to exclude equipment from foreign entities of concern, while some machinery may still be sourced from friendly jurisdictions [60]

On 14 May 2025, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2024, as proposed by the board of directors. Further, the annual general meeting approved a cash dividend of US dollar (USD) 0.37 per share to be distributed for the fourth quarter of 2024. The fourth quarter 2024 dividend accrues to the shareholders as registered in Equinor's shareholder register with the Norwegian Central Securities Depository ...

Company Overview - McPhy Energy specializes in hydrogen production equipment, contributing to the global deployment of low-carbon hydrogen for energy transition [3] - The company offers a complete range of products for industrial, mobility, and energy sectors, providing turnkey solutions for various applications [3] - McPhy has been designing, manufacturing, and integrating hydrogen equipment since 2008, with development centers in France, Italy, and Germany [3] Recent Developments - A conciliation procedure was opened in April 2025, leading McPhy to initiate a call for tenders for a potential takeover of its assets and activities [1] - The deadline for the submission of offers was May 9, 2025, and the received tenders are currently under review [5][2] - No in bonis offers have been received, which may result in a judicial liquidation procedure for McPhy, leading to the delisting of its shares [6] Financial Implications - The anticipated residual value from the judicial liquidation is expected to be nil, as the proceeds from asset realization are likely to fall short of liabilities [6] - The company is preparing to communicate the next steps related to the takeover project and any significant changes in its situation [2]