honglouwawa/iStock via Getty Images PetroTal ( PTALF ) reported a robust start to 2026 , with Q1 production averaging 14,907 barrels of oil per day (bopd), outpacing management’s internal expectations. While production saw a slight 2% sequential decline, the company maintained a strong liquidity position with $128.1 million in total cash ($104.2 million unrestricted). Operational output was led by...
honglouwawa/iStock via Getty Images PetroTal ( PTALF ) reported a robust start to 2026 , with Q1 production averaging 14,907 barrels of oil per day (bopd), outpacing management’s internal expectations. While production saw a slight 2% sequential decline, the company maintained a strong liquidity position with $128.1 million in total cash ($104.2 million unrestricted). Operational output was led by the Bretaña field (14,490 bopd), which remains subject to a water reinjection capacity limit of 170,000 bwpd, and the Los Angeles field (417 bopd). The 2026 guidance includes planned downtime to replace production tubing in three horizontal wells, with a decision expected on this work in Q2 2026, ahead of a drilling rig arriving in Q3 2026. CEO Manuel Pablo Zuniga-Pflucker confirmed that the company is in the final stages of securing a third-party drilling contract, with mobilization to the Bretaña field targeted for October to restore production momentum. Additionally, as of April 1, 2026, PetroTal has hedges on approximately 0.9 million barrels for 2026. The costless collars have a Brent floor price of $60.00/bbl and a ceiling of $80.50/bbl, with a cap of $100.50/bbl, but these hedges had a fair value of negative $8.6 million as of April 10, 2026. PetroTal will host a more detailed review when it releases its full audited Q1 2026 financial results on May 7, 2026. More on PetroTal Corp. PetroTal Corp. (TAL:CA) Q4 2025 Earnings Call Transcript PetroTal Corp. (TAL:CA) Q4 2025 Guidance Call Transcript Historical earnings data for PetroTal Corp. Financial information for PetroTal Corp.
Aluminum jumped to a four-year high in London as US President Donald Trump’s blockade of Iranian ports thr eatened more disruptions to shipments from the Persian Gulf. The supply issues are "here to stay," ING strategist Ewa Manthey tells Bloomberg Television. "Even if the conflict ends tomorrow, bringing that capacity back to the market can take six and up to 12 months," she adds. (Source: Bloomb...
Aluminum jumped to a four-year high in London as US President Donald Trump’s blockade of Iranian ports thr eatened more disruptions to shipments from the Persian Gulf. The supply issues are "here to stay," ING strategist Ewa Manthey tells Bloomberg Television. "Even if the conflict ends tomorrow, bringing that capacity back to the market can take six and up to 12 months," she adds. (Source: Bloomberg)
Key PointsUpstart uses artificial intelligence (AI) to determine the creditworthiness of potential borrowers, so it can originate loans on behalf of banks and its funding partners.
Key PointsUpstart uses artificial intelligence (AI) to determine the creditworthiness of potential borrowers, so it can originate loans on behalf of banks and its funding partners.
sefa ozel/E+ via Getty Images Digital Realty Trust ( DLR ) plans to invest EUR 2B ($2.3B) in data centers in Rome and Milan over the next five years, according to its executive managing director in Italy. Digital Realty Trust’s Alessandro Talotta said the company will hire hundreds of staff locally, and Italy could become one of its largest markets in the continent. The investment is part of a bui...
sefa ozel/E+ via Getty Images Digital Realty Trust ( DLR ) plans to invest EUR 2B ($2.3B) in data centers in Rome and Milan over the next five years, according to its executive managing director in Italy. Digital Realty Trust’s Alessandro Talotta said the company will hire hundreds of staff locally, and Italy could become one of its largest markets in the continent. The investment is part of a build-out in Europe focused on the Mediterranean region, which makes up 56% of the data center operator’s planned capital investments in Europe, Middle East, and Africa through 2030. “The Mediterranean is very strategic because data traffic flows from Asia, the Middle East and Africa into Europe through this region,” Talotta said in an interview. The Rome and Milan data center sites will be part of a network including Barcelona, Marseille, France, and Athens. The Rome site has a targeted capacity of 62 MW, while the Milan center will have an 84 MW capacity. The center in Rome is set to open in 2027. Shares of Digital Realty have risen over 24% YTD. More on Digital Realty Trust Digital Realty Trust: The Reasons I Am Staying On The Sidelines Digital Realty Trust, Inc. (DLR) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Digital Realty Q4 2025: Stability And Growth Without Surprises Digital Realty Trust closes $3.25B U.S. hyperscale data center fund Digital Realty to enter Milan with land purchases for new data center campus
The post The World Needs More Lithium. This Company Cracked the Code to Better Extraction, and They’re Quickly Scaling Into Commercial Production. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. What do electric vehicles, energy storage systems, and your smartphone have in common? All of their batteries use lithium, a naturally-occurring me...
The post The World Needs More Lithium. This Company Cracked the Code to Better Extraction, and They’re Quickly Scaling Into Commercial Production. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. What do electric vehicles, energy storage systems, and your smartphone have in common? All of their batteries use lithium, a naturally-occurring metal that’s seeing growing demand from manufacturers around the world. Unlike other natural resources, the challenge in meeting this multi-billion dollar demand isn’t finding enough of it —it’s the 16th most-common element found in the Earth’s crust—but the extraction process. Traditional methods take up to 18 months and only recover 30% of lithium found in salt lakes or other minerals. EnergyX not only developed a better extraction process that recovers three-time the amount of lithium in a fraction of the time, they’ve also partnered with top industry leaders to put them in a position to become a global leader in the energy storage market, expected to reach $546B by 2035. They’re backed by General Motors, and recently received a $5 million grant from the U.S. Department of Energy to extract lithium from geothermal brines. They also recently acquired nearly 50k+ gross acres in the US and 100k+ acres of lithium mining rights in Chile where they are actively building one of the largest lithium production facilities in the country. Share in EnergyX’s growth by investing today. Minimum investments start at $1,000. Closing the Lithium Supply Gap Globally, less than 300,000 metric tons of lithium are mined each year using legacy methods. As EVs and rechargeable batteries become more popular, the demand for lithium is rapidly approaching that number and is expected to grow to 5 million metric tons by 2040. EnergyX’s Lithium Ion Transport and Separation (LiTAS®) technology is a true “brine to battery” solution. It can recover over 90% of lithium in days—not months—compared to just ...
Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair Business live – latest updates HSBC bosses have said the Iran war is already hitting global economic confidence, as a string of business leaders warned over the impact of the conflict. Georges Elhedery, the Lebanon-born chief executive of the bank, told Bloomberg Television at an HSBC...
Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair Business live – latest updates HSBC bosses have said the Iran war is already hitting global economic confidence, as a string of business leaders warned over the impact of the conflict. Georges Elhedery, the Lebanon-born chief executive of the bank, told Bloomberg Television at an HSBC conference in Hong Kong: “We’re saddened and concerned with what’s happening in the Middle East, and we’re concerned not just with what’s happening, but also with how long this will take. Continue reading...