Connection

popular articles

Siemens and RIC Energy join forces to develop synthetic fuels in Spain
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Solveo Energies deploys dynamic agrivoltaic system on apricot orchard
European Energy launches e-methanol production and posts strong results
Grenergy to invest €3.5bn to strengthen its storage assets by 2027

International Petroleum repurchases 277,060 common shares in April across two markets

International Petroleum Corporation repurchased 277,060 common shares between 7 and 11 April under its ongoing share buyback programme, using the Toronto and Stockholm exchanges.
  • [favorite_button]

Please share:

International Petroleum Corporation, a Canadian oil and gas exploration and production company, announced the repurchase of a total of 277,060 of its own common shares between 7 and 11 April. This transaction forms part of its ongoing Normal Course Issuer Bid (NCIB), authorised since 5 December 2024 and scheduled to run until 4 December 2025.

Breakdown across Stockholm and Toronto markets

During the stated period, 198,000 shares were acquired via the Nasdaq Stockholm exchange, executed by brokerage firm Pareto Securities AB. Simultaneously, 79,060 shares were repurchased on the Toronto Stock Exchange (TSX) through ATB Securities Inc. All shares repurchased are scheduled to be cancelled, in compliance with regulations set by Canadian and Swedish market authorities.

Regulatory compliance and legal framework

The NCIB was implemented under the framework of the Market Abuse Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No 2016/1052 on secure buyback practices, alongside applicable rules from Canadian and Swedish regulators. Full transaction details for the Nasdaq Stockholm activity during the period are available on the company’s official website.

Current status and remaining programme capacity

From the start of the programme on 5 December 2024 through to 11 April 2025, a total of 4,978,369 common shares have been repurchased. The NCIB permits the acquisition of up to 7,465,356 shares over the twelve-month period. As of 11 April, International Petroleum Corporation reported 115,176,514 outstanding common shares, with 484,000 held in treasury.

Register free of charge for uninterrupted access.

Publicite

Latest news

Siemens and RIC Energy join forces to develop synthetic fuels in Spain
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Solveo Energies deploys dynamic agrivoltaic system on apricot orchard
European Energy launches e-methanol production and posts strong results
Grenergy to invest €3.5bn to strengthen its storage assets by 2027

Recently published in

Biogases could meet 25% of global natural gas demand, says IEA

A new report by the International Energy Agency identifies significant untapped potential in biogas and biomethane, hindered by regulatory and economic barriers.
Siemens and RIC Energy join forces to develop synthetic fuels in Spain
RIC Energy and Siemens have signed an agreement to develop industrial projects in Spain focused on renewable hydrogen, green ammonia and e-fuels, including technical solutions and financing mechanisms.
en_1140290961540-13
Siemens and RIC Energy join forces to develop synthetic fuels in Spain
RIC Energy and Siemens have signed an agreement to develop industrial projects in Spain focused on renewable hydrogen, green ammonia and e-fuels, including technical solutions and financing mechanisms.
en_1140290961540-13
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Verdagy will supply hydrogen to Mainspring Energy to power a linear plant in Moss Landing, with operations expected to begin by summer 2025.
en_1140290943540-19
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Verdagy will supply hydrogen to Mainspring Energy to power a linear plant in Moss Landing, with operations expected to begin by summer 2025.
en_1140290943540-19
Solveo Energies deploys dynamic agrivoltaic system on apricot orchard
Solveo Energies has inaugurated an experimental agrivoltaic system in the Pyrénées-Orientales, combining solar power production and crop protection on a farm facing drought conditions.
en_1140290960540-15
Solveo Energies deploys dynamic agrivoltaic system on apricot orchard
Solveo Energies has inaugurated an experimental agrivoltaic system in the Pyrénées-Orientales, combining solar power production and crop protection on a farm facing drought conditions.
en_1140290960540-15

European Energy launches e-methanol production and posts strong results

European Energy has begun commercial e-methanol production in Denmark and reported an EBITDA of €45.9mn, while accelerating its international expansion, particularly in Australia.
Grenergy to invest €3.5bn to strengthen its storage assets by 2027
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
en_1140290946540-16
Grenergy to invest €3.5bn to strengthen its storage assets by 2027
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
en_1140290946540-16
CIP sells 25% stake in offshore wind project in the Philippines to ACEN
Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.
en_1140290947540-16
CIP sells 25% stake in offshore wind project in the Philippines to ACEN
Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.
en_1140290947540-16
Cheniere signs 15-year deal with Canadian Natural to support Sabine Pass
Cheniere has signed a long-term gas supply agreement with Canadian Natural Resources to support the planned expansion of its Sabine Pass liquefaction terminal in Louisiana from 2030.
en_1140290948540-16
Cheniere signs 15-year deal with Canadian Natural to support Sabine Pass
Cheniere has signed a long-term gas supply agreement with Canadian Natural Resources to support the planned expansion of its Sabine Pass liquefaction terminal in Louisiana from 2030.
en_1140290948540-16

SAFc Connect aims to boost SAF market as EU regulation hinders short-term growth

While corporate demand for sustainable aviation fuel increases, European regulatory rigidity limits short-term investment prospects. SAFc Connect seeks to streamline transactions.
Cnooc plans dry dock for its LNG bunker barge in July
Cnooc will immobilise its Hai Yang Shi You 301 barge in July, temporarily reducing LNG bunkering capacity in China, where only five units handle supply.
en_1140290957540-16
Cnooc plans dry dock for its LNG bunker barge in July
Cnooc will immobilise its Hai Yang Shi You 301 barge in July, temporarily reducing LNG bunkering capacity in China, where only five units handle supply.
en_1140290957540-16
Petrobras signs two agreements in Angola to relaunch its offshore activities
Brazilian group Petrobras formalises its return to Angola with two memorandums of understanding signed with Sonangol and the national oil regulator, targeting offshore exploration without immediate financial commitment.
en_1140290956540-16
Petrobras signs two agreements in Angola to relaunch its offshore activities
Brazilian group Petrobras formalises its return to Angola with two memorandums of understanding signed with Sonangol and the national oil regulator, targeting offshore exploration without immediate financial commitment.
en_1140290956540-16
Agip secures rights over OPL 245 after key court ruling in Nigeria
The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
en_1140290945540-16
Agip secures rights over OPL 245 after key court ruling in Nigeria
The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
en_1140290945540-16

Next-generation geothermal technologies gain global credibility

Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
ACWA Power to invest up to $10 billion in Malaysia for energy projects
Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
en_1140290949540-16
ACWA Power to invest up to $10 billion in Malaysia for energy projects
Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
en_1140290949540-16
Galp targets 40% increase in oil production in Brazil
Portugal’s Galp expects a production surge in Brazil driven by the offshore Bacalhau field, in partnership with Sinopec, Equinor and ExxonMobil.
en_1140290954540-15
Galp targets 40% increase in oil production in Brazil
Portugal’s Galp expects a production surge in Brazil driven by the offshore Bacalhau field, in partnership with Sinopec, Equinor and ExxonMobil.
en_1140290954540-15
Washington cancels $2.92bn loan guarantee granted to Sunnova
The Trump administration has cancelled a federal guarantee granted to Sunnova Energy, withdrawing its support for a loan programme intended to finance 100,000 residential solar installations.
en_1140290944540-16
Washington cancels $2.92bn loan guarantee granted to Sunnova
The Trump administration has cancelled a federal guarantee granted to Sunnova Energy, withdrawing its support for a loan programme intended to finance 100,000 residential solar installations.
en_1140290944540-16

North Atlantic in talks to acquire Esso’s Gravenchon refinery

North Atlantic has entered exclusive negotiations to acquire the Gravenchon refinery, France’s second-largest, from ExxonMobil in a deal reshaping the industrial landscape of the Seine Valley.
Madrid rejects claims of experiment linked to nationwide power outage
Spanish authorities and grid operator REE denied conducting any experiment on the national electricity network prior to the massive outage on April 28, the cause of which remains unknown.
en_1140290951540-16
Madrid rejects claims of experiment linked to nationwide power outage
Spanish authorities and grid operator REE denied conducting any experiment on the national electricity network prior to the massive outage on April 28, the cause of which remains unknown.
en_1140290951540-16
Berlin firmly opposes any reactivation of the Nord Stream 2 pipeline
Friedrich Merz confirmed that Germany would block any attempt to relaunch the Nord Stream 2 pipeline, despite internal calls suggesting a potential reopening of dialogue with Moscow.
en_1140290952540-16
Berlin firmly opposes any reactivation of the Nord Stream 2 pipeline
Friedrich Merz confirmed that Germany would block any attempt to relaunch the Nord Stream 2 pipeline, despite internal calls suggesting a potential reopening of dialogue with Moscow.
en_1140290952540-16
EDF invests in a nuclear plant at Cordemais after coal phase-out
EDF plans a new nuclear pipework factory at Cordemais by 2028, confirming the end of coal-fired power in France and the site's industrial conversion.
en_1140290953540-16
EDF invests in a nuclear plant at Cordemais after coal phase-out
EDF plans a new nuclear pipework factory at Cordemais by 2028, confirming the end of coal-fired power in France and the site's industrial conversion.
en_1140290953540-16

Uranium Royalty acquires royalty on uranium project in Nunavut

Uranium Royalty Corp. invests CAD1mn ($730,000) in a 2% royalty on Forum Energy Metals’ Aberdeen project, located near one of the world’s largest undeveloped uranium deposits.
NexGen Announces Record Uranium Discovery at Patterson Corridor East
NexGen Energy unveils exceptional assay results at the Patterson Corridor East site, with uranium intercepts among the highest concentrations globally, highlighting the growing economic relevance of this strategic area for the nuclear industry.
en_1140290946540-15
NexGen Announces Record Uranium Discovery at Patterson Corridor East
NexGen Energy unveils exceptional assay results at the Patterson Corridor East site, with uranium intercepts among the highest concentrations globally, highlighting the growing economic relevance of this strategic area for the nuclear industry.
en_1140290946540-15
OCI Energy, CPS Energy and LG Vertech unite for 120 MW storage project in Texas
OCI Energy, CPS Energy and LG Energy Solution Vertech signed a memorandum of understanding to develop a 480 MWh energy storage facility in San Antonio, aiming to strengthen Texas's ERCOT grid.
en_1140290944540-15
OCI Energy, CPS Energy and LG Vertech unite for 120 MW storage project in Texas
OCI Energy, CPS Energy and LG Energy Solution Vertech signed a memorandum of understanding to develop a 480 MWh energy storage facility in San Antonio, aiming to strengthen Texas's ERCOT grid.
en_1140290944540-15
Nano Nuclear raises $105mn in private placement to strengthen cash position
Nano Nuclear Energy announced a $105mn fundraising from institutional investors, bringing its total cash position above $200mn to accelerate its small-scale nuclear reactor projects.
en_1140290947540-15
Nano Nuclear raises $105mn in private placement to strengthen cash position
Nano Nuclear Energy announced a $105mn fundraising from institutional investors, bringing its total cash position above $200mn to accelerate its small-scale nuclear reactor projects.
en_1140290947540-15

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS