Royal Helium’s senior lenders have expanded the company’s debt facilities to fund the final costs for the Steveville helium purification plan in Alberta, Canada.
Safety is paramount when handling cryogenic materials. There are several potential risks, including cold burns, so those in the market must cover all eventualities.
Royal Helium has started the delivery and sales of purified helium for its North American aerospace offtake partner.
After four major global shortages in 18 years, the greatest challenge facing the helium business in 2023, which will follow in 2024, is the uncertainty that hangs over the market and its array of end-users.
Helium Evolution has announced that its farm-in partner, North American Helium, has successfully completed drilling and is proceeding with casing of the second joint well 9-18-3-8W3 (Joint Well #2), near Mankota, Saskatchewan.
Blue Star Helium has received regulatory approval to drill four additional wells at its maiden Voyager helium development in Las Animas County, Colorado.
HyTerra has had an independent prospect resource assessment for hydrogen and helium carried out at its Nemaga Ridge leases in Kansas.
Grand Gulf Energy has unexpectedly flowed significant helium to surface during initial re-entry operations at its Jesse-1A well, part of the Red Helium project, in Utah.
The $15bn Amur Gas Processing and Helium Plants could have the biggest impact on helium to 2027, according to consultant Phil Kornbluth – and potentially lead to oversupply in a notoriously capacity-constrained market in recent...
The only helium production plant in the southern hemisphere has shut down after the gas supply at the Santos-owned liquefied natural gas (LNG) plant in Darwin was exhausted.
