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Oil and Gas Industry News

Georgina Energy CEO discusses helium prospects and London listing [Video]

Georgina Energy PLC CEO Anthony Hamilton joined Proactive’s Stephen Gunnion with more on the company’s prospects as it prepares for a mainboard listing on the London Stock Exchange, having recently raised an additional £5 million, reflecting strong institutional interest.Hamilton highlighted Georgina Energy’s focus on redeveloping existing wells in the Amadeus and Officer Basins, known for their helium and hydrogen production. He emphasised the de-risked nature of its exploration strategy, aiming to reenter wells drilled in the 1980s. “We are essentially focusing more on engineering rather than exploration,” he explained.Discussing market dynamics, Hamilton pointed out the critical role of helium in various industries, such as MRI machinery and nuclear reactors, underscoring the global shortage and increased demand. He also detailed the company’s plans for using the new funds, including reentering the Hussar well and executing an MoU with Harlequin Energy for gas storage and transportation.Hamilton assured that Georgina Energy is committed to progressing its projects and delivering news flow leading up to the December drilling at Hussar. The company’s innovative approach and strategic partnerships position it to meet the growing helium demand effectively.The company is targeting 30 July for the listing under the ticker ‘GEX.’Visit Proactive’s YouTube channel for more videos. Don’t forget to like, subscribe, and enable notifications for future content.#GeorginaEnergy #HeliumDemand #AnthonyHamilton #LondonStockExchange #EnergyInvestment #HeliumProduction #AmadeusBasin #OfficerBasin #ProactiveInvestors #EnergyMarket#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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Oil and Gas Industry News

Frost discovered on top of giant Mars volcanoes [Video]

Early morning frost has been detected on the peaks of massive volcanoes on Mars, an unexpected discovery about the dispersal of water on Mars that could one day prove essential for human exploration, scientists said. The early morning frost was spotted in images taken by the European Space Agency’s Trace Gas Orbiter, according to a

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Oil and Gas Industry News

Gold Rises To Near $2,400/oz On Soft US Inflation Data; Crude Oil Prices Firm | CNBC TV18 [Video]

Crude oil prices extended gains on signs of stronger demand in the US after slower inflation data. Brent futures rose 0.52% to $83.18 a barrel, while US West Texas Intermediate crude (WTI) gained 0.58% to $79.09.Meanwhile, gold prices rose to near $2,400/oz on soft US inflation data.#crudeoilprices #brentcrudeoilprices #goldprices #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQSUBSCRIBE to our Channel: https://bit.ly/3nvEcxf———————————————————————————————————————👑 Check Out Top CNBC TV18 Playlist Videos: 🔹CNBC TV18 Budget 2024: https://www.youtube.com/playlist?list=PLjq9mRS1PfGAh4mRbMxpMJTx7EXzii-Uf🔹CNBC TV18 Digital Podcast: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCUcGVQvYyDQ6VVHoo3ZDKJ🔹Sounding Board: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBbB2dV2tyHdzx_k9EqvVEm 🔹International Videos: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDZ-Dkz-VpCDqqmWThJ3YJw🔹CNBC TV18 Market Cafe: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDANftdnJchuL-WPpSv5rmH🔹CNBC TV18 Digital: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDLhtM8FzErPcjmJRQ4I5cZ🔹CNBC TV18 Weekend Special: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBHEa5NnoKuUsX5GwxEGuri🔹CNBC TV18 Next-Gen: https://www.youtube.com/playlist?list=PLjq9mRS1PfGA6roe9q3J9fq_gBIDjX2w7🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH🔹Young Turks: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBZaN1e38X2ZmevnU1e1NJs🔹Startup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI————————————————————————————You can also connect with CNBC-TV18 News OnlineCatch the latest news: https://bit.ly/2YbpXBMFollow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/Like us on Facebook: https://www.facebook.com/cnbctv18india/Follow us on Twitter: https://twitter.com/CNBCTV18NewsFollow us on Instagram: https://www.instagram.com/cnbctv18india/Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18n18oc_businessAbout CNBC-TV18: India’s leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

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Oil and Gas Industry News

Invest in African Energy (IAE) 2024 Shines Spotlight on Africa’s Gas Future [Video]

Africa’s LNG export capacity is projected to grow in the coming years, with countries such as Nigeria expected to increase output from 22 million tons per annum (mtpa) to over 31 mtpa. Mozambique also has aspirations to raise output from 2.2 mtpa to well over 43 mtpa by the end of the decade. Production growth […]