Core Insights - Nexans has been awarded a significant contract by Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector, enhancing Malta's electricity system and energy independence [2][8] - The new interconnector will consist of a 225 MW subsea cable operating at 220 kV, linking Maghtab, Malta, and Ragusa, Sicily, and will be installed alongside the existing interconnector delivered by Nexans in 2015 [3][4] - This project aligns with Malta's national energy strategy, aiming to increase security of supply, integrate renewable energy sources, and support the country's 2030 climate and energy targets [4][5] Company Overview - Nexans is a global leader in cable systems and services, with a commitment to electrifying the future and achieving Net-Zero emissions by 2050 [6] - The company generated €7.1 billion in standard sales in 2024 and operates in four main business areas: PWR-Transmission, PWR-Grid, PWR-Connect, and Industry & Solutions [6] - Nexans has a workforce of approximately 28,500 people across 41 countries, emphasizing its role in sustainable energy initiatives and access to energy for disadvantaged communities [6]

Core Insights - Aemetis, Inc. is actively collaborating with the U.S. government to enhance its operations in India, particularly through its subsidiary Universal Biofuels, which operates an 80 million gallon per year biodiesel production facility in Kakinada, Andhra Pradesh [2][3][4] Company Overview - Aemetis is a diversified global renewable natural gas and biofuels company, headquartered in Cupertino, California, focusing on innovative technologies for energy independence and security [7][8] - Universal Biofuels has been operational for over 17 years and is one of the largest biodiesel producers in India, recently increasing its production capacity from 60 million gallons to 80 million gallons [5][6] Industry Context - India aims to increase the biodiesel blend from 1% to 5% as part of its National Policy on Biofuels, which aligns with Aemetis' expansion plans [3][4] - The Indian government is committed to enhancing biofuels production to improve air quality and market agricultural products, addressing significant public health issues caused by diesel engine emissions [4][3] Financial and Operational Highlights - Universal Biofuels completed $112 million in biodiesel and glycerin shipments in the twelve months ending September 2024, with ongoing contracts with government-owned oil marketing companies [6] - The company is preparing for an IPO in India, targeting completion in late 2025 or early 2026, contingent on favorable market conditions [5]

Core Insights - Apollo and Summit Ridge Energy have formed a joint venture with a commitment of up to $400 million to own and operate commercial solar assets in Illinois [1][2] - Summit Ridge Energy is a leading commercial solar company in the U.S., managing over 2 GW of solar projects and providing energy savings to more than 40,000 homes and businesses [2][8] - Apollo has previously invested $175 million in Summit Ridge in 2022, indicating a strong ongoing partnership [2] Investment and Growth - The new partnership aims to enhance domestic power generation capacity to meet increasing electricity demands [3] - Over the past five years, Apollo-managed funds have committed approximately $58 billion to climate and energy transition-related investments [3] - Apollo has set targets to deploy $50 billion by 2027 and over $100 billion by 2030 under its Climate and Transition Investment Framework [5] Company Profiles - Apollo is a global alternative asset manager with approximately $751 billion in assets under management as of December 31, 2024 [6] - Summit Ridge Energy has raised over $5 billion in project capital since its launch in 2017, financing over 200 solar farms [8]

TC Energy Corporation (TRP) has reaffirmed its commitment to the Canadian Mainline, one of its most critical infrastructure assets, amid rising geopolitical risks and a renewed focus on energy security. It will neither sell nor convert the natural gas pipeline, citing its crucial role in the company’s portfolio and its fully contracted status.TC Energy anticipates that natural gas and electricity demand is expected to grow by 75% by 2035, fueled by expanding LNG exports and rising electricity needs from AI ...

Financial Data and Key Metrics Changes - The company incurred a net loss of $23.8 million for the year ended December 31, 2024, compared to a net loss of $3.8 million for the prior period [38] - Cash and cash equivalents decreased to $900,000 as of December 31, 2024, from $1.3 million as of December 31, 2023 [37] - Loss per share was $0.55 for the current year compared to $0.09 for the prior period, driven primarily by higher general and administrative costs [39] Business Line Data and Key Metrics Changes - The company is currently pre-revenue and has focused on raising capital and organizing operations, leading to significant operating losses [38] - Net cash used in operating activities totaled $9.7 million for the current fiscal year compared to $3 million for the prior period, driven by continued investment in operations and hiring [39] Market Data and Key Metrics Changes - The global lithium market is experiencing fluctuations, with some experts forecasting a significant surge in prices around 2026 to 2027, aligning with the company's refinery timeline [5] - Demand for lithium is expected to remain strong, driven by applications beyond just the EV market, including energy storage systems and military applications [11] Company Strategy and Development Direction - The company aims to be a North American source for refined lithium, focusing on domestic sourcing and refining capabilities to align with U.S. energy independence goals [8][10] - The company has secured a construction-ready site in Muskogee, Oklahoma, and is progressing with necessary permits to begin construction [13][14] - A strategic partnership with Sumitomo Corporation has been established, outlining a potential long-term supply deal for lithium carbonate [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term outlook for lithium, despite current pricing challenges, citing increasing demand across multiple sectors [5][6] - The company is maintaining close connections with policymakers to influence regulatory changes and cultivate strategic alliances [12] - Management reassured stakeholders that the fundamentals of the company remain strong despite recent stock price volatility [30] Other Important Information - The company raised a total of $4.1 million in capital during the quarter, including $3.55 million in debt and $550,000 in a PIPE offering [27] - The company has made significant investments in technology, including exclusive access to KMX's advanced vacuum membrane distillation technology [19] Q&A Session Summary Question: What are the necessary factors needed to see a recovery in lithium pricing? - Management noted that while there is speculation about oversupply and price manipulation, demand for battery-grade lithium is expected to rebound significantly in 2026 and 2027 [48][49] Question: What does the recent development in EV markets mean for the U.S. EV market and domestically produced lithium? - Management indicated that improvements in infrastructure, such as charging systems, will support increased EV adoption and demand for lithium [51] Question: Are there any plans for additional test work with the KMX licensing agreement? - Management confirmed excitement about the KMX agreement and indicated plans for further test work and exploration of additional applications for the technology [56] Question: How will rising freight costs impact operational outlook? - Management explained that creating a North American ecosystem for raw materials and refining could lead to significant savings compared to competitors who transport goods to China [62] Question: Will the KMX technology be used exclusively for lithium brine production? - Management clarified that while the initial focus will be on upstream feedstock concentration, there are opportunities to use the technology across the refining process [68]

As filed with the Securities and Exchange Commission on December 6, 2023. Registration No. 333-275313 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Trio Petroleum Corp. (Exact name of registrant as specified in its charter) | Delaware | | --- | (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 1311 87-1968201 (I.R.S. Empl ...

As filed with the Securities and Exchange Commission on March 24, 2023. Registration No. 333-267380 Trio Petroleum Corp. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 9 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | lelaware | | --- | (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 1311 87-1968201 (I.R.S. Employ ...

As filed with the Securities and Exchange Commission on January 5, 2023. Registration No. 333-267380 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Trio Petroleum Corp. (Exact name of registrant as specified in its charter) | lelaware | | --- | (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 1311 87-1968201 (I.R.S. Emplo ...