Strategic Investments and Contracts - Petrobras has signed offshore and subsea contracts, enhancing its strategic investments in Brazil's energy infrastructure, reflecting a robust expansion in exploration, production, and refining capabilities [1] - DOF Group has secured two long-term vessel contracts from Petrobras, indicating a deepening partnership and reliance on advanced maritime capabilities [2][6] - The combined value of the two vessel contracts with DOF exceeds $275 million, strengthening DOF's portfolio in South America [6] Vessel Operations and Capabilities - The Skandi Logger, an anchor handling tug supply vessel, is scheduled to commence operations in February 2026, focusing on deepwater anchor handling and support activities [3] - The Skandi Achiever, a remote subsea vessel, will begin operations in December 2025, equipped for complex subsea interventions and inspections [5] - These contracts ensure Petrobras has access to specialized maritime vessels for challenging offshore environments, enhancing operational efficiency [16] Subsea Monitoring Initiatives - Petrobras awarded Fugro four multi-year contracts for subsea monitoring, starting in Q4 2025, emphasizing advanced asset integrity management [7][9] - Fugro will deploy four dedicated vessels equipped with high-precision remotely operated vehicles for routine inspections and real-time monitoring of subsea assets [8] Refinery Expansion - Petrobras signed contracts valued at approximately $892 million with Consag Engenharia for the Train 2 project at the Abreu e Lima Refinery (RNEST), set to increase processing capacity to over 260,000 barrels per day [10][12][13] - This expansion aims to reduce Brazil's dependence on imported refined products and enhance national energy security [13][14] Commitment to Digitalization and Environmental Responsibility - The recent contracts signify Petrobras' strategic transition to digitalization and smart monitoring, crucial for risk management in capital-intensive offshore operations [11] - Petrobras is focused on balancing energy security, profitability, and environmental responsibility, with a commitment to capital investment in exploration, production, and renewable energy [18][19] Overall Strategic Vision - Petrobras' investments across the value chain reinforce its belief in the long-term value of Brazil's offshore resources and the necessity of advanced engineering solutions [19][20] - The synchronized efforts in upgrading both offshore and onshore capabilities reflect Petrobras' commitment to maintaining its leadership position in the global oil and gas sector [17][20]

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Core Viewpoint - Skycorp Solar Group Limited has authorized a $150 million investment framework to pursue solar photovoltaic (PV) power plant acquisitions and development projects, marking a significant step in its strategic expansion into renewable energy infrastructure [1][4]. Company Strategy - The company aims to transition from component manufacturing to full-scale renewable energy solutions, emphasizing its commitment to the global energy transition [4]. - The CEO highlighted the combination of technological expertise and disciplined financial oversight as key to successful future acquisitions [4]. Investment Framework - The investment framework is set at $150 million, which will be utilized for acquiring and developing solar PV power plants [1]. - All capital expenditures and fund allocations will be conducted cautiously and incrementally to align with the company's strategic priorities and financial capabilities [4]. Due Diligence Process - The company will conduct comprehensive due diligence on potential power plant targets, focusing on legal ownership, regulatory compliance, and asset quality to mitigate transactional risks [3]. Company Background - Skycorp Solar Group Limited specializes in manufacturing and selling solar cables and connectors, with operations managed through subsidiaries, including Ningbo Skycorp Solar Co., Ltd. in China [5]. - The company's mission is to become a green energy solutions provider by leveraging its expertise in solar technologies and expanding its offerings for enterprise customers [6].

EDF announces the success of its senior multi-tranche bond issue for a nominal amount of ¥75.8 billion On 3 July 2025, EDF (AA stable JCR / AA stable R&I / BBB positive S&P / Baa1 stable Moody's / BBB+ negative Fitch) successfully raised ¥75.8 billion in 3 tranches of “Samourai” senior Bonds: ¥47.9 billion bond, with a 3-year maturity and a 1.550% fixed coupon;¥19.6 billion bond, with a 5-year maturity and a 1.875% fixed coupon;¥8.3 billion bond, with a 10-year maturity and a 2.394% fixed coupon. This tran ...

Core Viewpoint - Barrick Mining Corporation's ongoing drilling results from the ARK-KCD corridor at Kibali mine indicate significant potential for additional ore bodies and an extended mine life, reinforcing confidence in the mine's scale and continuity [1][2]. Company Developments - The ARK-KCD system is revealing a coherent geological structure with expanding mineralization, which could enhance Kibali's reserve base within its current footprint [2]. - Since Kibali began production in 2013, the company has successfully replaced every ounce of gold mined, indicating a strong track record in reserve growth [3]. - Kibali has contributed over $6.3 billion to the Congolese economy, including $3.1 billion in payments to local contractors and partners, making it the largest economic contributor in northeastern DRC [4]. - The mine is committed to local content development, with contracts for satellite pits awarded to local businesses and support provided to over 700 Congolese companies [5]. - Barrick emphasizes that Kibali is a partnership that supports the regional economy, being Congolese-led and built for sustainability [6]. Operational Improvements - Ongoing operational enhancements in the underground mine are expected to yield significant productivity gains starting in the third quarter, focusing on long-term cost efficiency [7]. - The commissioning of a 16MW solar plant with an integrated Battery Energy Storage System has been completed, increasing renewable energy usage to 85% and allowing the site to operate on 100% renewable energy for six months each year [7][8]. Sustainability Initiatives - Biodiversity conservation is a key aspect of Barrick's sustainability strategy, with plans to introduce 64 white rhinos into Garamba National Park as part of a long-term partnership for biodiversity restoration [9]. - The Barrick Academy has facilitated training for 170 Kibali employees, contributing to the professional development of Congolese mining professionals [10]. - Community development projects funded through a 0.3% community development fund have seen 41 out of 44 projects completed, enhancing infrastructure, education, and healthcare support [11]. Future Outlook - Barrick views Kibali as a model for sustainable growth in the DRC, with plans to expand its portfolio to include not only gold but also copper projects [12].

All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, July 02, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) – Drilling results from the ARK-KCD corridor continue to strengthen confidence in its scale and continuity, demonstrating the potential to host significant additional orebodies and further extend the life of mine at Kibali, Africa’s biggest and greenest gold mine. Speaking at a media briefing in Kinshasa today, Barrick president and chief executive Mark B ...

Key Takeaways E launched Versalis Oilfield Solutions to focus on specialized oil drilling products and services. The new entity integrates R&D, production, and global sales across key oil-producing regions. E aims to boost efficiency, expand its client base, and enhance sustainability through this spin-off. Eni S.p.A’s (E) chemical arm, Versalis, has officially launched Versalis Oilfield Solutions S.r.l., a dedicated subsidiary, to offer specialized products and services for the global oil drilling indust ...

Investor Presentation May 2025 Forward Looking Statements Some of the information contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, words such as "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may," "target," or similar expressions, are intended to identify such forward-looking statements. Forward-looking sta ...

Recent investments have strengthened the grid and reduced outages for customers The electric utility serves nearly 680,000 customers in the Upstate region and along the I-77 corridor south of CharlotteGREENVILLE, S.C., July 1, 2025 /PRNewswire/ -- Duke Energy Carolinas today asked South Carolina regulators to perform a public review of the company's current rates. The company last requested a review of base rates for customers in early 2024. Since then, the company has made investments in the things our ne ...

HAMILTON, Bermuda, July 1, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, July 30, 2025 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2025. Nabors will release earnings after the market closes on July 29, 2025. Date: July 30, 2025 Time: 10:00 a.m. CT (11:00 a.m. ET) Dial-in-number(s) ...