Welcome to our dedicated page for Sky Quarry news (Ticker: SKYQ), a resource for investors and traders seeking the latest updates and insights on Sky Quarry stock.
Sky Quarry Inc. (NASDAQ: SKYQ) is an oil production, refining, and development-stage environmental remediation company that also reports on digital asset and tokenization initiatives. News about Sky Quarry highlights how the company combines waste asphalt shingle recycling, oil sands remediation, and refined crude products with emerging blockchain-based capital strategies.
Recent press releases describe Sky Quarry’s work to retrofit its PR Spring facility in Utah to recycle waste asphalt shingles using its proprietary ECOSolv technology, as well as ongoing operations at the Foreland (Eagle Springs) Refinery in Nevada. Investors following SKYQ news can read about operational updates, such as the company’s Request for Proposals to commercialize 7 megawatts of installed gas turbine power capacity at PR Spring, and its efforts to develop integrated asphalt shingle recycling facilities.
Sky Quarry’s news flow also covers capital markets and governance developments, including crowdfunding activities at Foreland Refining, preferred stock offerings, settlement of certain debts through equity issuance, and changes to authorized share capital. Board and management updates, such as the appointment of independent directors with experience in AI, real-world asset tokenization, and public markets, are disclosed through company announcements and Form 8-K filings.
Another key theme in SKYQ news is the company’s digital asset treasury and real-world asset tokenization strategy. Releases detail a Memorandum of Understanding and subsequent progress with Continuum Network to explore tokenization of energy-linked commodities, plans for a digital asset treasury, and investor webinars explaining how these tools may interact with Sky Quarry’s physical energy assets. For investors and analysts, the SKYQ news page provides a consolidated view of operational milestones, financing steps, governance actions, and digital asset initiatives as they are publicly reported.
Sky Quarry (NASDAQ:SKYQ) announced it is advancing a proposed Nevada oil exploration and production initiative targeting up to $50 million of third-party investment directly into qualified Nevada producers and projects. The contemplated funding structure avoids issuing additional Sky Quarry common equity, aiming to keep the program non-dilutive for existing shareholders.
According to the company, Sky Quarry plans to introduce producers to investment banking, private credit and institutional capital, and may enter into long-term crude oil offtake arrangements, subject to technical, financial and regulatory due diligence. Successful production could potentially supply Sky Quarry’s Nevada refining operations with regional crude, which may lower delivered feedstock costs, support higher refinery utilization and improve operating margins and cash flow. The initiative remains subject to due diligence, financing availability, regulatory requirements and definitive agreements.
Sky Quarry (NASDAQ:SKYQ)/b) highlighted increasing Nevada oil and gas activity that it believes could create new regional crude supply for its Foreland Eagle Springs Refinery near Ely, Nevada. In 1H 2026, the Bureau of Land Management completed two competitive Nevada lease sales totaling about , with all parcels receiving bids, including four parcels acquired by Reanco Enterprises LP.
Two exploration wells – Unionville Royalty Company’s Trap Springs 11-42 in Railroad Valley and Great Basin Operating’s North Diamond Valley Unit 1-A – recently received federal and state drilling approvals. A 2025 USGS assessment estimated about 1.407 billion barrels of undiscovered, technically recoverable oil under Nevada federal lands. Sky Quarry believes locally produced crude, trucked shorter distances to Foreland, could lower delivered feedstock costs, diversify supply, support higher refinery utilization and provide an in-state market for Nevada producers, subject to crude quality, pricing, logistics and definitive agreements.
Sky Quarry (NASDAQ: SKYQ) appointed refinery veteran Ray Hansen as President of wholly owned subsidiary Foreland Refining Corporation.
Hansen will oversee the Eagle Springs refinery near Ely, Nevada and support development of the PR Spring oil sands processing facility in Vernal, Utah.
Sky Quarry (NASDAQ:SKYQ) announced it is entering the production phase at its Foreland Refinery in Ely, Nevada, which it describes as Nevada's only operating refinery. Operations are expected to commence in July, supported by more than 100,000 barrels of storage capacity and about 10,000 barrels of on-site inventory.
The company highlights a shift from infrastructure repair and preparation toward production, customer deliveries, refining margins, and cash flow generation, aiming to maximize utilization, strengthen its balance sheet, and create long-term shareholder value in a fuel-deficient Western U.S. market.
Sky Quarry (NASDAQ:SKYQ) announced a crude oil drilling and production initiative in Nevada’s Railroad Valley, the state’s primary oil-producing region. The company plans to refine this crude at its Foreland Refinery, Nevada’s only operating refinery, aiming to boost local fuel supply and refinery utilization.
Sky Quarry (NASDAQ:SKYQ) highlighted its role in Nevada’s evolving fuel security strategy after the April 30, 2026 meeting of the Nevada Fuel Resiliency Committee. The company operates Eagle Springs, the only permitted, operating refinery in Nevada, with ~5,000 barrels per day nameplate capacity.
Management sees alignment between Nevada’s fuel emergency response and recent federal national security policies supporting domestic energy infrastructure. Sky Quarry is pursuing higher refinery throughput and in‑state crude supply and may seek participation in state-led initiatives and federally backed programs, though outcomes are not assured.
Sky Quarry (NASDAQ:SKYQ) signed a strategic Memorandum of Understanding on May 7, 2026, with Southern Energy Renewables and DevvStream to pursue low-carbon fuel development, refinery integration, and recycled hydrocarbon projects.
The non-binding MOU (initial three-year term) targets pilot validation of SAF, specialty fuels, and recycled blends at PR Spring and technology upgrades at the Foreland Refinery, while enabling access to carbon management, environmental attributes, and commercialization pathways.
Sky Quarry (NASDAQ:SKYQ) has issued an RFP to attract partners to accelerate development of its ~180-million-barrel oil sands resource at the fully permitted PR Spring facility in Utah.
The PR Spring site covers ~5,900 acres, includes a constructed processing facility with about $60 million prior investment, and is supported by prior engineering work showing ~1.5 million tons/year processing capacity, an expected production cost of ~$35 per barrel, and an estimated 2,000 barrels per day heavy oil capacity when developed. Sky Quarry holds 100% working interest and estimates incremental CapEx of $4–$5 million to reach production readiness. The company highlights potential integration with its Nevada Foreland Refinery.
Sky Quarry (NASDAQ:SKYQ) issued a Request for Proposals to accelerate development and commercialization of its ~180 million barrel PR Spring oil sands asset in Utah.
The fully permitted site spans ~5,900 acres, includes a processing facility with over $50 million prior investment, and cites engineering work showing 1.5M tons/year feedstock capacity and 2,000 bpd heavy oil potential.
Sky Quarry seeks industry and capital partners to monetize the asset and notes its Nevada Foreland Refinery could provide an integrated pathway to refined products in a tightening Western fuel market.
Sky Quarry (NASDAQ:SKYQ) on April 23, 2026 highlighted Presidential Determinations (April 20, 2026) under the Defense Production Act aimed at accelerating domestic energy infrastructure, including refining capacity. Sky Quarry operates Nevada's only operational refinery, the Eagle Springs Foreland facility, with a nameplate capacity of approximately 5,000 barrels per day.
The company positioned the Foreland refinery as a scarce, fully permitted and recently upgraded asset in a Western U.S. market facing tightening supply and increased reliance on imports.