17 Nov 2023
Geothermal Engineering announces plans to produce significant quantities of the UK’s first zero-carbon lithium
Geothermal Engineering Limited (GEL) will produce enough zero-carbon lithium to supply around 250,000 electric car batteries per annum as a by-product of its geothermal power projects. This would have been enough to supply nearly all the Battery Electric Vehicles (BEVs) registered in the UK in 2022 GEL has measured one of the highest concentrations of...
17 Sep 2023
Geothermal Engineering Ltd awarded first ever CfDs for geothermal energy
United Downs, Manhay and Penhallow plants secure Contracts for Difference from the UK Government – a major milestone for low-carbon, 24/7, home-grown power and heat. 8th September 2023, Cornwall – Geothermal Engineering Limited (GEL), the UK’s leading developer and operator of geothermal plants, together with its investors Kerogen Capital and Thrive Renewables, is pleased to...
08 Mar 2023
Kerogen Capital invests in GEL, the UK’s leading geothermal player
Kerogen Capital is pleased to announce its investment into Geothermal Engineering Limited (GEL), the UK’s leading geothermal player to expand the development of deep geothermal electricity and heat production. Investment from Kerogen Capital into GEL will fund UK’s first deep geothermal plant at United Downs site in Cornwall The funds will be used by...
26 Oct 2022
Energean plc: First gas from Karish
Energean plc (LSE: ENOG, TASE: אנאג) is pleased to confirm that first gas has been safely delivered at the Karish field, offshore Israel. Highlights First gas has been achieved on the Karish project Gas is being produced from the Karish Main-02 well and the flow of gas is being steadily ramped up Preparation for transmission...
25 Apr 2022
Kerogen Capital Invests in Enervee, the Leading Energy Efficiency e-marketplace Platform
Kerogen Capital (“Kerogen”) is pleased to announce the completion of its US$30 million investment in Enervee Corporation (“Enervee”) as part of a US$35 million capital injection together with JP Morgan Chase. Energy efficiency, representing more than 40% of emissions abatement needed by 2040, is one of the most important drivers for global decarbonisation. In addition,...
09 Mar 2022
Pandion Energy acquires the operations of ONE-Dyas in Norway with an outlook to more than double daily production
Pandion Energy has signed an agreement with ONE-Dyas Holdings B.V. to acquire ONE-Dyas Norge AS. The transaction includes a 10 percent share of the Nova field and a total of 11 exploration licenses. The Nova field is expected to start production in the second half of 2022. The field, located in the northern part of...
24 Feb 2022
Kerogen Capital’s Investment in EcoCeres, Inc., an advanced biorefinery platform
EcoCeres HVO Plant Kerogen Capital (“Kerogen”) is pleased to announce the completion of its US$108 million investment in EcoCeres, Inc. (“EcoCeres” or the “Company”). EcoCeres is an advanced biorefinery platform that has developed proprietary technologies to convert waste-base biomass into a spectrum of high-value products with an important decarbonisation impact. The Company is one of...
18 Jan 2022
BW Ideol secures close to 1GW worth of floating offshore wind acreage in ScotWind leasing round
BW Ideol AS, a global leader in floating offshore wind, is pleased to announce that the Floating Energy Allyance has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round, which concluded today (Monday 17 January)....
12 Jul 2021
Kerogen Capital announces completion of Zennor Petroleum sale to NEO Energy
Kerogen Capital (“Kerogen”) and Zennor Petroleum Limited (“Zennor”) are pleased to announce today the completion of the previously announced sale of Zennor to NEO Energy Upstream UK Limited (“NEO”) who are backed by HitecVision for a total consideration of up to $625 million, including deferred and contingent payments. Kerogen and Zennor were advised on the...
09 Jul 2021
Pandion Energy: Launching Wellify, instant access to the subsurface!
Pandion Energy is pleased to officially launch Wellify, a new digital visualisation tool for analysis of geochemical and mineralogical data from drill cuttings. The cuttings data contain valuable information for companies exploring for oil and gas and can further be utilised to improve efficiency and safety in drilling operations. The Wellify tool can also potentially...